Audi A8 Lease Questions

214 messages,  Last post on Apr 29, 2013 at 7:11 AM

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

    

#174 of 214 Re: A8L 3.0 MF and Residual [ajk] by Car_man HOST

Nov 18, 2012 (8:18 am)

Replying to: ajk (Nov 17, 2012 10:01 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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Prices Paid: Buying & Leasing Experiences Forum

#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)

Replying to: someguyinkc (Nov 18, 2012 9:44 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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Prices Paid: Buying & Leasing Experiences Forum

#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)

Replying to: Car_man (Nov 18, 2012 10:01 am)
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)

Replying to: topgun7 (Nov 24, 2012 8:49 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#181 of 214 Re: A8L 3.0 Lease Terms [cloudwalk1] by Car_man HOST

Dec 05, 2012 (5:39 pm)

Replying to: cloudwalk1 (Nov 28, 2012 1:20 pm)
Greetings cloudwalk1. the 53% residual value that you were quoted is correct. Audi Financial Services' current buy rate lease money factor for a normal 36-month lease of a 2013 A8L 3.0 is only .00040. Plus there is a .00100 money factor reduction for 3-year pre-paid leases. Of course, your money factor can never go negative. AFS' minimum money factor is .00005, so that's probably what should be used for a pre-paid lease of this model. In any event, the money factor that you were quoted is too high.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#182 of 214 Re: 2013 A8 3.0T [lbs3] by Car_man HOST

Dec 05, 2012 (5:42 pm)

Replying to: lbs3 (Nov 28, 2012 2:13 pm)
Thanks lbs3. I'm glad that you like the forums.
 
Audi Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 A8 3.0T with 15,000 miles per year are .00072 and 50% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#183 of 214 Re: 2013 A8 4.0T [Car_man] by topgun7

Dec 09, 2012 (7:50 pm)

Replying to: Car_man (Dec 05, 2012 5:33 pm)
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.
 
Car_man, thanks for the quick response.. Looks like the 50% residual is going to be a deal breaker.. May be I should look for an S7 which has the same 4.0T engine 8-). I am doing great. I retired since 2006 (I was 46 then 8-)) and with your help I got an 08 Lexus LS460 as my retirement car. I traded then in for an Infinity M37 (with your help also.. see the trend 8-))and now I am looking for a post retirement-retirement car 8-). I may have to bother you later in different sub forum here.. I really like BMW and Audi cars this year. Next year, Mercedes cars with the new engines and electronics will be quite exciting too.. I don't know if I can hold on until then 8-) but I will try. Talk to you soon.
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