- #15 of 116
-
Re: Re: Re: Current Lease Deals on the A8 [slhewitt53]
by Car_man HOST
-
Nov 21, 2005 (3:19 am)
-
|
|
Replying to: slhewitt53 (Nov 06, 2005 9:40 am)
Hi slhewitt53. I would be happy to estimate what this car's lease payment should be like for you. However, in order for me to do so I also need you to provide me with its full MSRP (with the destination charge added in).
Check out the following article that is available here at Edmunds.com to get an idea of how lease payments are calculated: Calculate Your Own Lease Payment.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #16 of 116
-
Re: Re: Audi A8: Lease Questions [lefty3]
by Car_man HOST
-
Nov 21, 2005 (3:21 am)
-
|
|
Replying to: lefty3 (Nov 09, 2005 7:45 am)
No problem, Lefty3. I think that you made a wise decision. You shouldn't have to pay full MSRP for an Audi right now.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #17 of 116
-
Re: Re: Audi A8: Lease Questions [slhewitt53]
by Car_man HOST
-
Nov 21, 2005 (3:27 am)
-
|
|
Replying to: slhewitt53 (Nov 10, 2005 8:45 am)
Hi slhewitt53. I am not personally all that familiar with what the market is like for this car in your area right now. I suspect that the $71,000 that you offered is too low. This car has a spread of around $4,400 between its full MSRP and dealer invoice price. The price that you offered is several thousand dollars below invoice. The price that they countered with, $71,000, looks to be less than $1,000 over invoice. That sounds like a very reasonable price for this car to me.
As far as the lease program for this model goes, the numbers that you mentioned are right in line with Audi Financial Services' current program for it.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #18 of 116
-
Re: Re: Current Lease Deals on the A8 [jdma8l]
by Car_man HOST
-
Nov 21, 2005 (3:29 am)
-
|
|
Replying to: jdma8l (Nov 11, 2005 6:56 am)
Hi jdma8l. Audi Financial Services will not provide information on vehicles' current lease programs to consumers. In fact, I am not aware of any source that provides accurate information on manufacturers' current lease programs to the general public. I should be able to give you an idea of what the lease program is currently like on the vehicle that you are interested in though if you tell me the exact model that you want, how long you want to lease it for, and how many miles per year you need to be able to drive it.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #19 of 116
-
Re: Re: Re: Current Lease Deals on the A8 [smittyj]
by Car_man HOST
-
Nov 21, 2005 (3:31 am)
-
|
|
Replying to: smittyj (Nov 18, 2005 7:35 am)
Hello smittyj. I absolutely expect Audi's lease program on this car to be different early next year than it is right now. It is difficult to say whether that change will be for better or for worse though. Some manufacturers, like BMW, allow consumers to lock in their current lease programs on ordered vehicles. I don't believe that Audi does this, but you may want to ask your dealer just to make certain.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #20 of 116
-
Re: Re: Re: Current Lease Deals on the A8 [Car_man]
by smittyj
-
Nov 26, 2005 (6:43 am)
-
|
|
Replying to: Car_man (Nov 21, 2005 3:31 am)
carman if I ordered the A8 L with both premium and sport packages how much off MSRP should I expect and what money factor and res value will I see on a 36 mo term with 10k and 12k miles? Thankx in advance Laddy.
|
- #21 of 116
-
Deal Separately or Together?
by jmd23
-
Dec 02, 2005 (9:19 am)
-
|
Dear Car Man,
Reading your postings here have really accerlated my education in the art of leasing. Thank you!
So here's a situation that I hope you can advise on before I walk into the dealer showroom...
My 2006 A8 arrived a week ago. I have a (48-month lease) 2004 VW Touareg that I'm trying to get rid of. My approach is to first deal on the lease of the A8 and then the Touareg.
Using the lease calculator, money factor and residual numbers found on this site, I like the numbers that are coming up on a 36-month, 15k annual miles, $3k down.
But what the dealer will want for my VW (KBB says $35.5k) and what's still owed (about $43k) will be a big gap. I don't this to be thrown into the lease payments. I would like to pay the difference, but not all of it. Would a dealer be willing to negotiate by meeting me halfway on the VW if they get a lease that's good for them on the A8?
I know we all do what we do to make a living, I just don't want to be screwed...
Thanks in advance!
|
- #22 of 116
-
Re: Re: Re: Current Lease Deals on the A8 [smittyj]
by Car_man HOST
-
Dec 05, 2005 (3:59 am)
-
|
|
Replying to: smittyj (Nov 26, 2005 6:43 am)
Hi smittyj. If you were to lease a 2006 Audi A8L through Audi Financial Services in December for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00205 and 59%, respectively. This car's 10,000 miles per year residual value would be 1% higher. I'm really not sure what the market is like for the A8 is like right now, so I can't give you an idea of how much you should pay for this car in terms of its capitalized cost. I can tell you that a base 2006 A8L has a spread of $4,700 between its full MSRP and dealer invoice prices, so there is a lot of room to play with there.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #23 of 116
-
Re: Deal Separately or Together? [jmd23]
by Car_man HOST
-
Dec 05, 2005 (4:06 am)
-
|
|
Replying to: jmd23 (Dec 02, 2005 9:19 am)
Thanks jmd23. I'm glad that you've found my posts so helpful. You're being smart by treading your new A8 lease and getting out of your current VW lease as separate transactions. Having the dealer work with you to pay off part of your current lease is going to hamper your ability to get the best possible deal on your new car. They probably have a figure in mind as to mow much a profit they are willing to take on the A8, it doesn't really matter to them whether you use all of the discount that they will be willing to give to reduce your A8's capitalized cost or use some of it to payoff your VW lease. A base '06 A8L has a spread of around $4,700 between its full MSRP and dealer invoice price to work with. Negotiate the best possible deal that you can on this car and then introduce your VW lease into the equation. If you want to roll some of your negative equity into your new vehicle's capitalized cost it will absorb some of the discount that you are being given.
Car_man
Host
Smart Shopper / Prices Paid Forums
|
- #24 of 116
-
Re: Deal Separately or Together?
by jmd23
-
Dec 05, 2005 (10:07 am)
-
|
Thanks for your reply, Car Man! I just may have some leverage, as of this weekend...
A competing dealer has the same A8 like the one I ordered but with 2 less options (adaptive cruise and rear electric lumbar). I'll live. They are offering it for $1,750 above invoice. If the money factor and residual are the same based on 36/15 than this is a pretty sweet deal, yes?
They don't know about my VW lease payoff, though. And I just may have some it rolled into the new lease.
Sincerely,
jmd23
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
