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Audi A8 Lease Questions

116 messages,  Last post on Sep 15, 2009 at 3:42 PM

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

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#30 of 116 Re: Re: Re: Current Lease Deals on the A8 [smittyj] by Car_man HOST Feb 20, 2006 (3:03 am)
Replying to: smittyj (Feb 15, 2006 5:42 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.   Car_man Host Smart Shopper / Prices Paid Forums
#31 of 116 he by georgev1 May 30, 2006 (5:42 pm)
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 Replies to this message: coloradoa8l (May 31, 2006 5:22 am) Car_man (Jun 06, 2006 2:24 am)
#32 of 116 Re: he [georgev1] by coloradoa8l May 31, 2006 (5:22 am)
Replying to: georgev1 (May 30, 2006 5:42 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 116 Re: he [georgev1] by Car_man HOST Jun 06, 2006 (2:24 am)
Replying to: georgev1 (May 30, 2006 5:42 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 Host Smart Shopper / Prices Paid Forums
#34 of 116 Lease Info for A8L by guedo Jul 08, 2006 (1:44 pm)
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!!! Replies to this message: Car_man (Jul 10, 2006 1:46 am)
#35 of 116 Re: Lease Info for A8L [guedo] by Car_man HOST Jul 10, 2006 (1:46 am)
Replying to: guedo (Jul 08, 2006 1:44 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 Host Prices Paid Forums
#36 of 116 Purchase A*L by captbud1949 Jul 16, 2006 (8:21 am)
I have been quoted from my local Audi dealer in W. PA. a 2006 A8L with an MSRP of 78160 a price of 68958. This car is brand new not even serviced. The lease price is $4,000 higher. Is Audi offering marketing support for cars that are sold and not leased at this time? Just trying to figure out where the dealer is coming up with his numbers. Thanks in advance Replies to this message: Car_man (Jul 26, 2006 2:29 am)
#37 of 116 Re: Purchase A*L [captbud1949] by Car_man HOST Jul 26, 2006 (2:29 am)
Replying to: captbud1949 (Jul 16, 2006 8:21 am) Hi captbud1949. Yes, Audi is currently providing dealer cash on the 2006 Audi A8L. Specifically it has $7,000 dealer cash on this car. This dealer cash is not compatible with Audi Financial Services' special lease or finance programs.   Car_man Host Prices Paid Forum
#38 of 116 lease numbers for 2007 A8L by navininkc Aug 17, 2006 (2:47 pm)
I'd like to know what the money factor and residual are for a 2007 A8L currently. I'd lease for 36 months at 12k miles/year.   Also: where do you get your info?        why are the lease rates so much higher now than they were on 2006 models? Replies to this message: Car_man (Sep 13, 2006 2:31 am)
#39 of 116 end of lease options by denaliinpa Aug 19, 2006 (6:49 pm)
hello carman,   i have an odd question about the lease i currently have on my 05 Audi A8. i leased my A8 in December of 04. the lease is for 2 years and 24000 miles. currently i have 4 payments remaining and only 10500 miles on the car. when i leased my vehicle i told my sales person that i was concerned that i would not put 24000 miles on the car. i expressed an interest in buying my A8 at the end of the lease. my sales person told me that the dealership would take ownership of the car at the end of the lease, CPO it for 100000 miles and then sell it back to me for less than the ending residual with Audi of America. well i stopped at the dealership last week to test drive an 07 S4. my sales person is now the floor manager. i asked again about purchasing my A8 in December and he told me he couldn't do what he initially said because Audi of America has changed their position and will not allow them to buy the car back and then resell it to me. he also said Audi insures their leases for any disparity in value when they conclude thus making it even harder for me to negotiate a purchase with Audi. since the ending residual is more than the actual book value of the car it has left me in a bit of a predicament. is what my sales person telling me accurate? do manufactures negotiate at the end of leases with their vehicles? if it is accurate wouldn't my salesperson have been aware of this when he leased me the car? was i mislead?   thanks! Replies to this message: Car_man (Sep 13, 2006 2:36 am)

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