214 messages,
Last post on Apr 29, 2013 at 7:11 AM
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Audi A8, Car Leasing, Sedan
#171 of 214 Re: 2013 A8 3.0T [archie2010]
by Car_man HOST
Oct 07, 2012 (8:19 am)
Here's the information that you are looking for archie2010. According to the latest information that I have seen, if you were to lease a short wheel base 2013 Audi A8 3.0 through Audi Financial Services' right now for 42 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00092 and 46%, respectively for consumers who qualify for its top credit tier.
Car_man
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#172 of 214 Re: one last thing [parrot12]
by Car_man HOST
Oct 07, 2012 (8:25 am)
Hey parrot12. Ideally on a lease you should pay as little money upfront as possible. I always advise consumers not to make any sort of capitalized cost reduction on leased vehicles. Consumers who make large down payments on leases risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it's much safer to go with a zero down lease. At signing, most banks require lessees to pay their vehicle's first month's payment, an acquisition fee...which in Audi Financial Services' case is $695, possibly a security deposit and certain state taxes or fees. Some of these things, like the acquisition fee can even be rolled into the cap cost and not paid at signing.
The bottom line is try to lay out as little out of pocket initially as possible when leasing.
Car_man
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#173 of 214 A8L 3.0 MF and Residual
by ajk
Nov 17, 2012 (10:01 am)
Car_man
I want to see if I can reach for the A8L. Can you tell me what the MF and residual is for a 30 and 36 month lease, 10 miles please? Do you know if they are still including maintenance with it?
Thank you!
#174 of 214 Re: A8L 3.0 MF and Residual [ajk]
by Car_man HOST
Nov 18, 2012 (8:18 am)
Hey ajk. Audi Financial Services November buy rate lease money factor and residual value for a 30-month lease of a 2013 A8L with 10,000 miles per year are .00040 and 56% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 36-month lease are .00040 and 53%.
Yes, Audi is still offering free maintenance on the A8. There's $3,000 to current owners of Audis and competitive luxury models as well. And they're waiving the first month's payment on leases.
Car_man
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#175 of 214 more general A8 Lease question
by someguyinkc
Nov 18, 2012 (9:44 am)
I am likely going to purchase or lease a 2014 A8L. I'd like to know a few things Car man, if you don't mind:
1) Is there a certain time of year that lease prices are worst or best? (are the rates typically highest at the beginning of the model year to gouge the excited new buyers?)
2) Is the only real hope that a guy has to get a good monthly lease price to negotiate a lower purchase price for an A8L from a dealer in the USA? i.e. are these money factors and residuals pretty much non-negotiable?
3) How are you privy to these numbers? Is there a better way to find out what the current numbers are, other than bugging you with questions? I was considering following rates this year and expecting them to be similar next year.
thanks,
someguy
#176 of 214 Re: more general A8 Lease question [someguyinkc]
by Car_man HOST
Nov 18, 2012 (10:01 am)
Hi someguy. typically the end of the year is the very best time to get a good deal on a new vehicle. Of course this is a generalization and exactly when the best possible deal is available on any one specific model can vary.
Vehicles' residual values are not negotiable. Money factors are only partially negotiable in that dealers cannot offer consumers lower factors than banks' buy rates...however they are often allowed to mark vehicles' rates up to add additional hidden, back-end profit to deals. This is why it is important for consumers to know what they buy rate money factor is on their vehicle before finalizing their deal. After that, as you mentioned it is important to negotiate an attractive selling price.
I am not aware of any resource that provides detailed information on banks' actual lease programs to the general public.
Car_man
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#177 of 214 2013 A8 4.0T
by topgun7
Nov 24, 2012 (8:49 pm)
Hi carman, what is the money factor and residual for a 2013 A8 4.0T for 36 months 12kmi/year? I own an Infinity M37, does it qualify for the $3000 conquest cash that you mentioned?
#178 of 214 A8L 3.0 Lease Terms
by cloudwalk1
Nov 28, 2012 (1:20 pm)
Car_Man-
I recently asked for a quote on a 3 year, 36,000 mile one-time pay lease (i.e., I pay one payment at lease inception) on a A8L 3.0. The resulting proposal utilized a 53% residual value and a .00045 money factor (1.08%). My car would have AudiCare which I understand adds to the residual assumption.
Can you please give me guidance as to whether (i) the 53% residual value assumption is in line with current Audi Financial numbers and (ii) whether you view the .00045 money factor as attractive or do I have room to negotiate? I have been able to secure a pretty good deal on the purchase price of the car, thus it is these two assumptions that I am trying to verify are at market.
Thanks for your help.
#179 of 214 2013 A8 3.0T
by lbs3
Nov 28, 2012 (2:13 pm)
Car_Man can you give me the money factor and residual for a 36 month, 15,000 mile lease on a 2013 A8 3.0T? I've been browsing these forums for a few months, thanks for the great info!
#180 of 214 Re: 2013 A8 4.0T [topgun7]
by Car_man HOST
Dec 05, 2012 (5:33 pm)
Hey topgun7. How have you been? I hope that you're doing well. Audi Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 A8 4.0T with 12,000 miles per year are .00080 and 50% for consumers who qualify for its top credit tier.
Yes, Infiniti is one of the brands that is eligible for the conquest cash offer.
Car_man
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