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Audi A8 Lease Questions

116 messages,  Last post on Sep 15, 2009 at 3:42 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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#38 of 116
lease numbers for 2007 A8L by navininkc
Aug 17, 2006 (2:47 pm)
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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?
#39 of 116
end of lease options by denaliinpa
Aug 19, 2006 (6:49 pm)
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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!
#40 of 116
Preowned A8 Lease Support? by allroadguy
Aug 22, 2006 (4:20 pm)
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I was browsing the Audi website, and it appears that Audi is providing some type of lease support for preowned Audi A8 models. Does anyone have any more details regarding this program (MF, Residuals, etc)? Thanks in advance for any assistance.
#41 of 116
Buy or lease A8? by wstuart1
Aug 27, 2006 (2:39 pm)
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I am set to either lease or buy an A8 ('04 or later=new style). I am self employed and can right off a lease payment but I heard the car value drops like a rock if you buy/lease new. I can write the check for a slightly used one with the argument of getting a better price. suggestions?
#42 of 116
Need Lease Help by ccap
Sep 11, 2006 (12:47 pm)
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Looking to lease an 07 A8 SWB. Want to know how much I can expect off MSPR and what the lease factors are and the ammrox payments for a 10k and a 12 k 24 and 36 month lease.
The car will sticker for approx 75k
 
THanks
#43 of 116
rebate money by denaliinpa
Sep 12, 2006 (6:57 pm)
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ccap,
 
can't help on the current lease rates but as far as how much you should get off msrp it should be around 3k. if an 06 would be ok you could probably get get about 10k or 11k off msrp. Audi is currently offering 7k in dealer rebate money. good luck. the A8 is a fantastic car.
#44 of 116
Re: lease numbers for 2007 A8L [navininkc] by Car_man HOST
Sep 13, 2006 (2:31 am)
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Replying to: navininkc (Aug 17, 2006 2:47 pm)

Hello navininkc. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 A8 4.2 long wheel base model with 12,000 miles per year are .00249 and 54%, respectively. Manufacturers generally increase their support on vehicles as the model year progresses. I suspect that Audi's money factors on the 2007 A8 will drop as the months progress. Of course, its residual values will drop as well, negating some of the benefit of any money factor enhancement.
 
Car_man
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Prices Paid Forum
#45 of 116
Re: end of lease options [denaliinpa] by Car_man HOST
Sep 13, 2006 (2:36 am)
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Replying to: denaliinpa (Aug 19, 2006 6:49 pm)

Hi denaliinpa. Many banks now insure their vehicles' against significant drops in their residual values. I do not know if the specific story about Audi that your salesperson told you is true, but it is plausible. It's difficult to say whether your salesperson knew this when he sold you your car and he just told you what he did to get you to sign on the dotted line or if this was a policy change by Audi Financial Services that he would not have had any idea about. If you don't believe him, you can always stop by another Audi dealer or two and see what they can do for you on your current car's purchase price.
 
Car_man
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Prices Paid Forum
#46 of 116
Re: Need Lease Help [ccap] by Car_man HOST
Sep 13, 2006 (2:56 am)
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Replying to: ccap (Sep 11, 2006 12:47 pm)

Hi ccap. Audi financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 A8 SWB with 15,000 miles per year are .00249 and 62%. The numbers for an otherwise identical 36 month lease are .00249 and 53%. Normally AFS increases residual values by 2% for leases with only 12,000 miles per year and 3% for leases with 10,000 miles per year. However, I have heard that its residual value added for leases of the A8 may only be 1%.
 
I am not personally all that familiar with what the market for this car is like right now, but you may be able to get an idea of how much you should pay by visiting the following discussion: "Audi A8: Prices Paid & Buying Experience".
 
Car_man
Host
Prices Paid Forum
#47 of 116
'07 residual debacle made me lease Mercedes by mikespopworld
Sep 17, 2006 (10:21 am)
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Replying to: Car_man (Sep 13, 2006 2:56 am)

I really wanted the '07 A8L, and I waited nearly a year for it, passing on a 24 month lease on an '06 the year before with a residual of 71% and 10k miles per year. I was shocked and very angry when after waiting nearly a year the new residual for the same lease was 64%!! - I ended up leasing a '07 S550 mercedes instead with a 73% residual - for 27 months.

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