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Audi A8 Lease Questions

99 messages,  Last post on Aug 27, 2008 at 7:50 PM

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


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#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.
 
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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.
 
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#34 of 99
Lease Info for A8L by guedo
Jul 08, 2006 (2:44 pm)
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Car Man,
 
I am looking at getting a 2006 A8L with a few options - MSRP topping out at $80,800. My local dealership has put a "fleet deal" on the table - or about $1,500 above invoice. I am wondering if you could help me with some numbers. I would like the residuals, and money factors for the following: 48 months, 36 months, and 24 months with 12K/year and 15K/year. I figure if I am asking, I'll cover all bases ! I have $20K earmarked for this purchase (thanks to the pending LEMON LAW BUY BACK on my 2006 Infiniti M35 ) - I am thinking of doing drive offs only, then put the balance in an interest baring account and let that sum make automatic payments for several months. That would be better than putting a huge down to lower payments, right? Thanks in advance!!!
#35 of 99
Re: Lease Info for A8L [guedo] by Car_man HOST
Jul 10, 2006 (2:46 am)
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Replying to: guedo (Jul 08, 2006 2:44 pm)

Hello guedo. If you lease a 2006 Audi A8 4.2L through Audi Financial Services right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00145 and 56%, respectively. The numbers for an otherwise identical 36 month lease should be .00145 and 44%. You definitely do not want to lease this car for 48 months. Audi is not providing lease support on that term and its money factor for it is practically triple the one that is available for shorter terms. I believe that this car's 12,000 mile per year residual values would be 1% higher.
 
You are absolutely right that you would be much better off using the money that you have set aside for this lease to pay its first month's payment , security deposit, acquisition fee, etc... and then using the rest to make a bunch of payments for you.
 
Car_man
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