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Audi A8 Lease Questions

99 messages,  Last post on Aug 27, 2008 at 7:50 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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#24 of 99
Re: Deal Separately or Together? by jmd23
Dec 05, 2005 (11:07 am)
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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
#25 of 99
Re: Deal Separately or Together? by jmd23
Dec 05, 2005 (11:16 am)
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Car Man, couple more items to note:
 
Livermore Audi
- A8 SWB, black/amaretto
- The dealer has $1k in deposit from me
- MSRP 80,150 | Invoice 74,484 | TMV 79,654
 
Carlsen Audi
- Competing dealer A8 SWB, black/amaretto
- MSRP 78,350 | Invoice 72,882 | TMV 77,871
- Dealer quoted selling price at 1,750 above invoice = 74,632
#26 of 99
December MF? by jmd23
Dec 05, 2005 (5:07 pm)
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Car Man,
 
Carlsen Audi is now saying the money factor for the A8 in December (36m/15k) is 0.0018.True?
 
Thanks in advance,
 
//J
#27 of 99
Re: Deal Separately or Together? [jmd23] by Car_man HOST
Dec 28, 2005 (5:52 am)
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Replying to: jmd23 (Dec 05, 2005 11:07 am)

You're very welcome, jmd23. Let me know if you have any other questions.
 
Car_man
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#28 of 99
Re: December MF? [jmd23] by Car_man HOST
Dec 28, 2005 (5:54 am)
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Replying to: jmd23 (Dec 05, 2005 5:07 pm)

Ahhh, apparently you do. I should have scrolled down before posting . Sorry for the delay in my response, I have been away on vacation. Yes, the money factor that you were quoted is correct. Audi Financial Services' December buy rate lease money factor for a 36 month lease of an '06 A8 4.2 is .00180.
 
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#29 of 99
Re: Re: Re: Current Lease Deals on the A8 [Car_man] by smittyj
Feb 15, 2006 (6:42 am)
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Replying to: Car_man (Dec 05, 2005 4:59 am)

Carman, What are current rates and res ?
 
what is markup on options?
 
My car has arrived!
#30 of 99
Re: Re: Re: Current Lease Deals on the A8 [smittyj] by Car_man HOST
Feb 20, 2006 (4:03 am)
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Replying to: smittyj (Feb 15, 2006 6:42 am)

Hey smittyj. So your car has finally arrived. You must be excited. I know that I would be. Here is the latest lease info for you. If you were to lease a 2006 Audi A8L through Audi Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00185 and 57%, respectively. Again, this car's 10,000 miles per year residual value would be 1% higher.
 
For information on the MSRP and invoice prices of this car's options, look it up in the following section of this site: Edmunds.com New Vehicle Pricing.
 
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#31 of 99
he by georgev1
May 30, 2006 (6:42 pm)
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hello carman
hope i'm not too late!
just left a deposit on an A8L w/ premium etc. msrp $78,200
cap cost $76,600 money factor .0019 24 mo. term
21,000 miles / yr $7000 down
$1181 per month plus tax for a total of $1278
 
coulda had 36 mo. $1328 22,500 per year
i woulda been exposed on warranty and they claimed it was $2000 for the extended warranty so i went down to 24 month.
it seems like it shoulda been a bigger difference since the residual was upto around 64%
did i get hosed?
george
i'll be grateful for any input as i am supposed to do the deal tomorrow
#32 of 99
Re: he [georgev1] by coloradoa8l
May 31, 2006 (6:22 am)
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Replying to: georgev1 (May 30, 2006 6:42 pm)

4.56% interest (.0019 X 2400) and 64% residual after 36 months? Do you really need to ask that question? That is awesome, Comparing that to other luxury car leases it's like you stole it. High mileage leases for other companies would be around $1,800 per month.
#33 of 99
Re: he [georgev1] by Car_man HOST
Jun 06, 2006 (3:24 am)
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Replying to: georgev1 (May 30, 2006 6:42 pm)

Hi George. Let me begin by saying that $7,000 is way too much money to put down when leasing. If your leased vehicle is totaled in an accident or stolen and never recovered, your $7,000 essentially disappears. You should be able to lease any car that you want without making any sort of capitalized cost reduction.
 
The money factor that you were quoted for this car is right in line with Audi Financial Services' buy rate for it. This is a good sign because it means that the dealer you are working with is not trying to mark your car's factor up to add additional back-end profit to your deal. As far as this car's selling price goes, you are only getting a $1,600 discount on a car that has at least a $4,700 spread between its full MSRP and dealer invoice prices. I am not all that familiar with what the market is like for the A8 right now, but if I was in the market for one I personally would want a bigger discount than that.
 
Car_man
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