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You are in the Prices Paid - Buying & Leasing Experiences
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Audi A4, Car Leasing, Sedan, Wagon
#960 of 4312 Lease Support on 2006 "New" Vehicles?
Dec 22, 2006 (5:18 am)
Does anyone know whether Audi Financial's current (excellent) 24 month lease deal can be used to lease a new 2006 A4 2.0T (either really "new" or an untitled demo with a couple thousand miles on it)?
Also, same question as it relates to the lease numbers that might be applicable to a 2006 A4 Cab (with the 1.8L Turbo and CVT).
I assume the answer, based on Car_man's post from the October timeframe is "no" . . .
Thanks so much to everyone in advance -
#961 of 4312 Re: Audi A4: Lease Questions [Car_man]
Dec 22, 2006 (7:32 am)
2007 Audi A4, 36 mos., 12K mis, Premium Package, Heated Front Seats, $388/mo. plus tax. NY/CT area. What do you think? Any thoughts on how much more Convenience Package should add to price? Bose? Thank you.
#962 of 4312 Is it a bad idea to pay down the cap cost? Is this risky?
Dec 23, 2006 (1:41 pm)
I am thinking of using my trade-in to lower the cap cost by 4-5k on a new A4 24/mo lease. Is this a very bad idea? I have heard you can lose that money.
#963 of 4312 Re: Is it a bad idea to pay down the cap cost? Is this risky? [raidertt2001]
Dec 23, 2006 (4:45 pm)
Put it in a savings account and earn some interest on it instead. If you need it to offset your monthly payments then just take a little bit of it out each month.
I have heard that you can loose any money you put down to adjust the cap cost if you total the car or it gets stolen.
#964 of 4312 Re: Is it a bad idea to pay down the cap cost? Is this risky? [raidertt200
Dec 23, 2006 (7:56 pm)
Do NOT ever put any money into a lease! When you go to sign the lease papers, they will ask for your insurance info and enter that on the lease. Remember, the leasing co (in this case, Audi Financial) owns the car, not you. They want to protect their interest and they will need to be put on your car policy -- because if you total the car, they are the ones that get paid (get made "whole") not you. So, if you put any "extra" money into the lease -- you will never, ever get it back.
Buying down the lease with cash, credit card payment, a trade-in, gold bullion -- whatever -- is a bad idea. Put zero down -- regardless of whatever the lease "deal" is, all you have to do is ask to have this done and know how a lease is calculated. It's not black magic, it's really pretty simple and understanding this will allow you to get the best deal.
The price of the car is negotiable, just like if you bought it. The lower the price, the lower your payment provided the dealer doesn't try to fudge and lower the residual value or increase the money factor. You always want the highest residual and lowest money factor and there are plenty of places to ask/find this info on the net, including here on Edmunds/Carspace to get the details of residual, mf, miles allowed, etc.
Hope this helps.
#965 of 4312 Please, help to make sense of the lease...
Dec 25, 2006 (12:51 pm)
Maybe these questions have been answered here ad nauseum, but I am new to the whole leasing thing. So, I apologize in advance.
I'll get straight to my questions:
Right now, Audi offers $379/month, 24 months lease with 0 down, 0 sec. deposit for A4 2.0T Quattro with Tiptronic, premium package, heated seats, 17" wheels and 15,000 miles/year.
Is this a good deal or not? If anyone knows, how much should I expect to pay at the dealership to drive away in this car (total fees) in NY or NJ?
Also, if I agree to limit my annual mileage to 12,000 miles/year, is it possible to negotiate the lease payment down or this kind of promotion is a "take it or leave it" deal?
And one last question, there is an identical lease offer for Audi A4 2.0T Quattro with CVT, but for $359/month. Why is this deal $20 less than the one with Tiptronic? Is CVT really inferior to Tiptronic?
Thank you to anyone, who can help me!
#966 of 4312 Re: Please, help to make sense of the lease... [igoral]
Dec 25, 2006 (5:49 pm)
Anything less than $379+taxes would be good.
Well, it depends on the delership and location; but i am in Oh. Mine was take it ot leave it.
I took Quattro because I drive in snow.
#967 of 4312 Questions about signing the lease agreement
Dec 25, 2006 (6:45 pm)
I wish I have found this forum before I signed my lease agreement (A4 $359/ month, $0 down deal). I just realized I got ripped off by the car salesman at my local audi dealer. I admit that it was entirely my fault, I did not do my homework before I did the deal. My question is .. can I cancel the lease agreement even after I signed it? I have not taken home the car yet because they said the brand new car was not ready to be taken home yet (they needed to do some checking/ testing etc because the car has just got delivered to them). I signed the deal on Saturday Dec 23 and the car is ready to be picked up on Tuesday, Dec 26. Please advise. Thanks.
#968 of 4312 Re: Questions about signing the lease agreement [marvelm]
Dec 25, 2006 (7:01 pm)
How were you ripped off? What was wrong with the lease?
#969 of 4312 Re: Questions about signing the lease agreement [igoral]
Dec 25, 2006 (7:27 pm)
Nothing wrong with the original lease deal it self. In fact, many people here think it is a great deal. I traded in my Honda CRV (that's my 1st mistake). The sales guy "persuaded" me to trade it. The money factor was not like what I read from this forum (0.00115), after I calculated all the numbers at home, the mf that I got seemed to be higher! (that's my 2nd mistake..). I live in CA and I heard in CA, there is a law that says we cannot back out of the signed lease agreement. Is that true?