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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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#66 of 116
Re: A8L (2006 or 2007) [jpvwaudi] by iamtheid
Jan 15, 2007 (7:13 pm)
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Replying to: jpvwaudi (Jan 12, 2007 1:11 pm)

I absolutely love my 2007 S8 ... the exterior color/and dual interior seats is completely amazing! I know I will be able to pocket some money when I get rid of it. I am already to order my 2009 RS8 with the 610+hp LAMBO engine and the new body of the A8.
 
I love the tweeters popping up and stuff, but with XM, CD, etc., I was kind of disappointed with an option that retails for about $6300. I did get about $600 off that option. I just hope it all works out.
 
I just went by a friend in a new Aston Vanquish S ($289k or so), he tried NOT to look but eventually did.
 
The car is truly gorgeous. And again, I have every option, except the Solar Sunroof, which I think is a waste in CA or anywhere sunny, because it's doesn't charge a separate battery to run the actual compressor, just the fans. So it can barely cool the car in the sun.
#67 of 116
Re: 2007 A8 Short Sport [berisky] by Car_man HOST
Jan 31, 2007 (3:52 am)
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Replying to: berisky (Jan 11, 2007 6:33 pm)

No problem, berisky.
 
Car_man
Host
Prices Paid Forum
#68 of 116
2007 A8 Short Lease Advice by timincali
Feb 25, 2007 (5:11 pm)
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Car_Man
 
I started my quest for a new car this week and had no intentions of buying an A8. Well needless to say, one look and I was hooked. The offer I have on the table is the following:
 
A8 Short w/ premium, 19”, massage, Sirius
MSRP - $77970
Invoice - $72574 (according to KBB)
Offer - $73608
Residual – 44% (45% if I have them throw in the $599 maintenance program)
Money Factor – 0.00145
Payment with 7.75% tax - $1322.79
 
I’m in So Cal and wanted to know if the Residual and MF sound right for my region thru Audi Financial. A couple of posts back you stated that they were 46% and 0.0013. I just want to be sure that they are not marking these up. Also, do you think that there is room for further negotiation?
 
Thanks,
Tim-in-Cali
#69 of 116
Re: 2007 A8 Short Lease Advice [timincali] by timincali
Feb 28, 2007 (9:56 pm)
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Replying to: timincali (Feb 25, 2007 5:11 pm)

Forgot to state that this was a 36 mo 15K / yr deal.
#70 of 116
Re: 2007 A8 Short Lease Advice [timincali] by Car_man HOST
Mar 11, 2007 (1:26 pm)
Reply

Replying to: timincali (Feb 25, 2007 5:11 pm)

Hi Tim-in-Cali. The Audi A8 is definitely a very nice car. The selling price that you were quoted, $1,100 over dealer invoice, isn't bad. Audi's March lease program is different than the numbers that you were quoted though. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 A8 Short Wheel Base with 12,000 miles per year are .00080 and 40% (man what a bad residual value), respectively. Make sure that the dealer uses these numbers to calculate your car's monthly payment. Since you are in such a competitive market, it wouldn't hurt to see if another Audi dealer in your area was willing to beat this offer, but it's not bad.
 
Car_man
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Prices Paid Forum
#71 of 116
Re: 2007 A8 Short Lease Advice [Car_man] by timincali
Mar 12, 2007 (7:48 pm)
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Replying to: Car_man (Mar 11, 2007 1:26 pm)

UGGG ... I can't believe that the residual dropped so much. If I plug in the same numbers to my lease calculator, the payment jumps to 1382.65 w/tax. That's an increase of $60. I also dropped the residual by 1% to account for the 15K miles (this is what I was told the delta was between 15K and 12K). Any suggestions?
 
Thanks,
Tim-in-Cali ...
#72 of 116
Re: 2007 A8 Short Lease Advice [timincali] by rjlaero
Mar 13, 2007 (2:10 pm)
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Replying to: timincali (Mar 12, 2007 7:48 pm)

A8's are in extremely short supply and there are very few on dealer lots right now depending on the region you live in. Audi doesn't have to really push this car int the US market with inventory levels so low, so that's why the residuals are pretty bad right now.
#73 of 116
Re: 2007 A8 Short Lease Advice [timincali] by Car_man HOST
Mar 30, 2007 (3:01 am)
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Replying to: timincali (Mar 12, 2007 7:48 pm)

I'm sorry that this car's lease program isn't better, Tim. It is what it is. The only thing that you can do to lower your lease payment is to negotiate as low a selling price as possible.
 
Car_man
Host
Prices Paid Forum
#74 of 116
April 2007 S8 Rates by ebb
Apr 13, 2007 (7:29 am)
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Anyone have current residual % and money factor for the S8?
 
Thanks in advance!
#75 of 116
Re: 2007 A8 Short Lease Advice [Car_man] by orm1
May 14, 2007 (5:23 pm)
Reply

Replying to: Car_man (Mar 11, 2007 1:26 pm)

I'm negotiating for an A8L using a Premier Purchase. Quoted 41% residual. 2.25% interest. The salesman maintains that with the PP they don't use a money factor. True? So is the interest on depreciated amount (difference between MSRP and residual)? When I do my numbers I get a monthly of depreciation payment + monthly interest that is about $200 less per month. Thoughts?

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