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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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#8 of 116
Re: Audi A8: Lease Questions [Car_man] by lefty3
Nov 04, 2005 (6:48 am)
Reply

Replying to: Car_man (Aug 31, 2005 2:06 am)

I received this quote from a dealer I would like feedback. In addition it is possible that 12K miles is too tight but 15K miles way too much.
 
It is a 2006 Quartz Gray
with the Black leather interior. It is equipped with the premium package and
the Sport package with all-season tires. In addition it also has the XM
satellite Radio and the adaptive cruise control. MSRP of this vehicle is
$78,300.00 A 36 month lease at 12,000 miles per year with a total out pf
pocket cost due at lease inception of $3,000.00 your monthly payment with
tax included is $1,100.00
#9 of 116
Re: Re: Audi A8: Lease Questions by Car_man HOST
Nov 06, 2005 (6:26 am)
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Hi lefty3. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy give you my opinion on this deal if you let me know what this car's selling price is.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#10 of 116
Re: Re: Re: Current Lease Deals on the A8 [Car_man] by slhewitt53
Nov 06, 2005 (9:40 am)
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Replying to: Car_man (Oct 26, 2005 2:00 am)

CarMan:
 
I would be very much appreciate your help with the lease calculations on a 3yr lease w/15k miles per year for a 2006 A8 with price of 68k,
74k, & 78K. (Also, how do you do the calculation once you have the buy rate factor and residual value?)
 
Many thanx...
#11 of 116
Re: Re: Audi A8: Lease Questions [Car_man] by lefty3
Nov 09, 2005 (7:45 am)
Reply

Replying to: Car_man (Nov 06, 2005 6:26 am)

Thanks Car_Man,
 
The dealer gave me his sticker price as his price. But, as of yesterday, I have decided to buy a BMW instead. Thanks so much for your reply.
 
Lefty3
#12 of 116
Re: Re: Audi A8: Lease Questions [Car_man] by slhewitt53
Nov 10, 2005 (8:45 am)
Reply

Replying to: Car_man (Nov 06, 2005 6:26 am)

CarMan:
 
  
Could you give me your opinion on what a good price would be for this A8?
 
It is a short wheelbase Audit quattro at6 black on black. It has the premium and sport packages - 4k and 2.8k respectively along with alcantara package 1.5k, front seat ventilation 1.5k, dual pane windows $600, and sirrus sat $550. Base msrp is 68,130k and 79,800k with the options.
 
I want to lease the car thru Audi's program for 3 years and 45k miles (15 per year). (I am assuming the money factor is .00160 and the residual is 55%.)
 
My question is: what is a good price for the car? I have offered 71k and they have countered with 76k indicating that they will not go lower.
 
So what do you think?
 
Many thanx for your help.
#13 of 116
Re: Re: Current Lease Deals on the A8 [Car_man] by jdma8l
Nov 11, 2005 (6:56 am)
Reply

Replying to: Car_man (Oct 16, 2005 7:39 am)

How do I find out what the money factor and residual value from Audi Financial Services are? I called the Audi 800 number and was transferred six times to people who all refused to disclose the information, asying I could only get it from my dealer
#14 of 116
Re: Re: Re: Current Lease Deals on the A8 [Car_man] by smittyj
Nov 18, 2005 (7:35 am)
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Replying to: Car_man (Oct 26, 2005 2:00 am)

Just ordered my A8 but because it wont arrive until Feb I cant get any price protection beyond the end of the year. Do you expect any changes or incentives at year end or in 1st quarter??
#15 of 116
Re: Re: Re: Current Lease Deals on the A8 [slhewitt53] by Car_man HOST
Nov 21, 2005 (3:19 am)
Reply

Replying to: slhewitt53 (Nov 06, 2005 9:40 am)

Hi slhewitt53. I would be happy to estimate what this car's lease payment should be like for you. However, in order for me to do so I also need you to provide me with its full MSRP (with the destination charge added in).
 
Check out the following article that is available here at Edmunds.com to get an idea of how lease payments are calculated: Calculate Your Own Lease Payment.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#16 of 116
Re: Re: Audi A8: Lease Questions [lefty3] by Car_man HOST
Nov 21, 2005 (3:21 am)
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Replying to: lefty3 (Nov 09, 2005 7:45 am)

No problem, Lefty3. I think that you made a wise decision. You shouldn't have to pay full MSRP for an Audi right now.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#17 of 116
Re: Re: Audi A8: Lease Questions [slhewitt53] by Car_man HOST
Nov 21, 2005 (3:27 am)
Reply

Replying to: slhewitt53 (Nov 10, 2005 8:45 am)

Hi slhewitt53. I am not personally all that familiar with what the market is like for this car in your area right now. I suspect that the $71,000 that you offered is too low. This car has a spread of around $4,400 between its full MSRP and dealer invoice price. The price that you offered is several thousand dollars below invoice. The price that they countered with, $71,000, looks to be less than $1,000 over invoice. That sounds like a very reasonable price for this car to me.
 
As far as the lease program for this model goes, the numbers that you mentioned are right in line with Audi Financial Services' current program for it.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

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