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Prices Paid: Buying & Leasing Experiences Audi A4 Lease Questions
2073 messages, Last post on Jul 20, 2008 at 9:12 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Can you please tell me if this is a good deal/the numbers sound right? Much appreciated. Details: 2006 2.0 Avant Quattro automatic (state is WI) Premium package, sunroof package and manual side shades black exterior MSRP = $36,060 Selling Price = $35,500 Residual = $28,126.80 (76%) 24 month lease/10,000 year Money factor = .002 Zero down, upfront fees are $438 (first month payment), $575 (acquisition fee), $113.50 (registration) = $1179.56 TOTAL Tax = $621.40 Monthly payment = $438.31 ($462.86 with tax) Money factor seems high. How can I counter/get a good deal? Thanks!! |
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Replying to: Car_man (Sep 25, 2005 7:44 am) Do you think I paid a fair price for my 2006 A4 Cabriolet with Premium Package, pearl paint and Parktronic - $39,500.
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Replying to: rosemarie1 (Sep 29, 2005 3:59 am) http://www.leaseguide.com/lease08.htm |
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Car_Man, Could you give me the Money Factor and Residual for a 2006 A4 3.2 Quattro, for 24 and 36 months with 15,000 per year? I'm in WV if that matters. Mike |
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Congratulations on your new car, acura_tl. thanks for taking the time to share the details of your deal with everyone. Enjoy! Car_man Host Smart Shopper / Prices Paid Forums |
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Thanks for the additional information, schweikb. Given the choice between $600 and $800 off of MSRP, I'll take $800  . That does not seem like much of a discount, but that may very well be what the market for Audis is like in your area. It sure sounds like they are hot. Let's estimate what this car's lease payment should be using Audi's actual lease program. According to my calculations, if you were to lease a 2006 Audi A4 2.0T Sedan with quattro with an MSRP of $35,785 and a selling price of $34,900 through Audi Financial Services right now for 24 months with 10,000 miles per year, its zero down, pre-tax monthly payment should be around $408. Wow, that's a great deal for this car. AFS' lease program on it is pretty attractive right now. Its 24 mo. / 10k residual value for this car is currently a whopping 76%. Sales tax sure is high in your area, ouch  . Once sales tax and the fact that you are not paying a security deposit are added in, the payment that you were quoted is probably not that far from the one that I came up with. Car_man Host Smart Shopper / Prices Paid Forums |
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Thanks cluelessinla. It's good that you know this car's selling price. I would be happy to give you my opinion on it if you tell me what its full MSRP is. The MSRP will show me how much of a discount you are being given on your car and will enable me to calculate a sample lease payment on it using Audi Financial Services' actual lease program. Speaking of which, AFS' current 36 month buy rate lease money factor for a lease of a 2006 A4 3.2 Sedan with quattro is currently only .00165. This is a lot lower than the money factor that you were quoted. This leads me to believe that the dealer that you are working with may be marking-up AFS' money factor for this car to add additional back-end profit to your deal. This practice is completely legal, but can usually be avoided by consumers who know what their car's base money factor is. Car_man Host Smart Shopper / Prices Paid Forums |
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Hi byrdgirl. You definitely need to find out the exact selling price that was used to calculate the lease payment that you were quoted. As a consumer, it is your right to know how much you are being charged for your car. This is a very important piece of informaiton because not only does it show you how much of a discount you are being given, but it also enables you to calculate a lease payment on your car. Audi Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 A4 2.0T Sedan is .00127. It looks to me as though the dealer that you are corresponding with cut and pasted AFS' standard lease program into the e-mail that they sent you, not its special program. There is a good chance that they did so to mislead you in an attempt to mark up your car's money factor and add additional profit to your deal. Car_man Host Smart Shopper / Prices Paid Forums |
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Hey mooselook. The dealer that you spoke with was being very straightforward with you. They told you Audi Financial Services' actual buy rate lease money factor for this car and did not attempt to mark it up. You are absolutely correct about this car's 24 month, 10,000 miles per year residual value being an attractive 76%. Using an MSRP of $35,310, a down payment of $439, and the aforementioned lease program, I come up with a pre-tax monthly payment of around $369 when I use a selling price of around $1,200 below the MSRP. I am not sure how accurate the lease calculators that you are using are, but if you use the formula that is outlined in the following article you should be able to arrive at the same conclusion that I did: Calculate Your Own Lease Payment. Car_man Host Smart Shopper / Prices Paid Forums
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No problem vinayg1. According to my calculations, if you were to lease a 2006 Audi A4 2.0T Sedan with quattro with an MSRP of $35,910 and a selling price of $33,710 through Audi Financial Services right now for 24 months with 10,000 miles per year, your zero down, pre-tax monthly payment should be around $353 with the payment of a security deposit and AFS acquisition fee. Car_man Host Smart Shopper / Prices Paid Forums |
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