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Audi A8 Lease Questions

116 messages,  Last post on Sep 15, 2009 at 3:42 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Audi A8, Car Leasing, Sedan


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#105 of 116
Lease used A8 by aeggroup
Jan 21, 2009 (10:51 am)
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Hello.
I have a chance to lease used ( 2007 ) A8 for 36 months, 10K a year for $800 a month. This car comes with 100,000 miles 6 years warranty. Total out of pocket at sign in about $2400 ( including first payment ). Does it make sense to lease used car for this price ? Car looks perfect inside and out.
 
Thank you.
#106 of 116
Re: Lease used A8 [aeggroup] by mclovin4
Jan 21, 2009 (6:15 pm)
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Replying to: aeggroup (Jan 21, 2009 10:51 am)

Just purchased a 2005 A8L with 55K for 23000. Absolutely love the car. First time owner of a luxury vehicle.After three tours of Iraq decided to treat myself.Was wondering if i could get some ownership pointers...I am learning quickly that these autos are a bit more 'spensive than than the chevy.HAHA
#107 of 116
Re: A8L current lease rates [shawn757] by robpiccia
Jan 30, 2009 (2:17 pm)
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Replying to: shawn757 (Oct 06, 2008 5:48 pm)

i'm shopping now for a 2009 A8L. made a firm, very reasonable offer to multiple dealerships in nj, all of whom said they'd be "losing money" on the deal. apparently, there's no "cash back" from Audi to the dealerships. also, even the dealerships seems to discourage leasing these cars. the rates are not very favorable. anyone know of any incentive programs coming up for February?
#108 of 116
Audi A8L lease rates by thbell
Jun 05, 2009 (12:22 pm)
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Carman: I'm interested in leasing a 2009 Audi A8L through Audi Financial Services right now for 36 months and 10,000 miles per year. Can you give me the money factor and residual?
 
A dealer in the New York metropolitan area is offering me a 36 month lease for 10K per year on a A8L with 19" wheels and a cold weather package for $1,535.25 per month (taxes rolled into the payment), with no money down and the first payment waived (i.e., just 35 payments over the lease term). What do you think of this?
 
Many thanks!
 
THB
#109 of 116
Re: Audi A8L lease rates [thbell] by Car_man HOST
Jun 08, 2009 (3:15 am)
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Replying to: thbell (Jun 05, 2009 12:22 pm)

Hi thbell. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 A8L with 10,000 miles per year are .00126 and a horrible 40%, respectively.
 
I would be happy to give you my opinion of this deal, but it would be easier for me to do so if you would provide me with this car's MSRP and selling price first.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#110 of 116
Re: Audi A8L lease rates [Car_man] by thbell
Jun 08, 2009 (8:25 am)
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Replying to: Car_man (Jun 08, 2009 3:15 am)

Car_Man: Thanks for getting back to me. The quote has changed a little with further discussions.
 
The 2009 Audi A8L comes in Phantom black with amoretto leather with tha cold weather package and the ventillated/massage front seats. The MSRP of this car is $81,175 and the dealer is quoting a selling price of $77,648. A 36 month lease with 10,000 miles per year, including Audi Care and sales tax, comes to $1490 per month. Audi will make my first payment if I sign up before July 5th. ), so the amount due at signing would be $1091.41 consisting of the bank fee and DMV fees. Let me know what you think.
 
Many thanks!
 
THB
#111 of 116
Re: Audi A8L lease rates [Car_man] by thbell
Jun 09, 2009 (1:28 pm)
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Replying to: Car_man (Jun 08, 2009 3:15 am)

Car_Man: For what it's worth, I've had several Audi dealers tell me that the 36 month residual on an A8L lease is 38% for both 10K per year and 12K per year leases (and one has even faxed to me AFS documentation showing this). Apparently, in contrast to the other Audi models where the 36 month residual for a 10K lease is 3% higher than for a 15K lease, the 36 month residual for a 10K lease of an A8L is only 1% higher than for a 15K lease (where the residual is only 37%). You can improve the residual by 1% if you purchase Audi Care (which essentially pays for itself).
 
THB
#112 of 116
Re: Audi A8L lease rates [Car_man] by thbell
Jun 15, 2009 (1:51 pm)
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Replying to: Car_man (Jun 08, 2009 3:15 am)

Car_Man: Any thoughts on my message #110? I'm thinking that I should be able to get a little more of a discount on the selling price of the A8L, maybe down to $77,250? What do you think?
#113 of 116
Re: Audi A8L lease rates [thbell] by Car_man HOST
Jun 25, 2009 (3:31 am)
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Replying to: thbell (Jun 08, 2009 8:25 am)

Hi thbell. Nearly $1,500 per month is a ton of money to spend on a new vehicle (especially in today'ss economic environment), but that's the price to play at the top end of the sedan segment. A 7-Series or S-Class would be over a thousand bucks per month as well. If it was me, I personally would lease a nice new 5-Series or E-Class and pocket the difference but we all have our own budgets. They just seem like more bang for the buck to me.
 
Audi is currently providing $2,500 loyalty cash or $2,000 conquest cash on leases of the '08 A8. It's likely that you qualify for one of these incentives. Plus this car probably has a spread of around $5,500 or so between its full MSRP and its dealer invoice price. That's a total of $7,500 to $8,000 to play with in your negotiations. You are only being given a $3,500 discount on this car. I personally would want a larger discount if I was in the market for one.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#114 of 116
Re: Audi A8L lease rates [Car_man] by thbell
Jun 25, 2009 (5:15 am)
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Replying to: Car_man (Jun 25, 2009 3:31 am)

Car_Man: Thanks for the feedback. I hear you on the bang for the buck front. I currently drive a A6, and it's a great car for a lot less money. But I need the large back seat for long distance driving with the family.
 
On the price front, please tell me if I'm thinking about this right. As I see it, the dealer has offered me about $3,500 off list price. I'm also getting the $2,500 Audi customer loyalty discount and Audi is making my first lease payment (worth about $1,500). So, if I negotiate a further $500 price reduction, that would total to $8,000 in discount, right?
 
Many thanks for your help. It's a great forum!
 
thbell

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