1293 messages,
Last post on May 19, 2013 at 7:32 AM
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Audi A6, Audi A6 Avant, Car Leasing, Sedan, Wagon
#1173 of 1293 MF and RV for 2013 Audi A6 Prestige
by ffm1
Nov 16, 2012 (9:52 pm)
Hi - can anyone please explain to me why different dealerships give us different residual values and money factors for exactly the same car (2013 Audi A6 Prestige) for someone with excellent credit? Today, I was quoted by two different dealerships just outside of Philadelphia, PA, the following numbers for 36 months lease and 10,000 miles per year?
1) Residual value of 50% with a money factor of 0.0013.
2) Residual value of 55% with a money factor of 00171.
Thank you.
#1174 of 1293 Re: November incentives for Audi A6 [Car_man]
by collerad
Nov 17, 2012 (5:37 am)
Car_man - Good morning - Do those numbers change for the 2013 A6 2.0 (rather than 3.0)?
Thanks for all the guidance you provide.
#1176 of 1293 A6 2.0 Plus MF and residual differences
by ajk
Nov 17, 2012 (8:05 am)
Car_man,
I have decided to get an A6 and now trying to figure out which lease option would be best for me. I would appreciate if you can tell me the MF and residuals for a 24, 30 and 36 month lease. I am considering 10K or 12K miles - I assume MF stays the same for either but residual changes?
Also, what incentives are available? (not eligible for conquest). From your previous posts, I've gathered that I wouldn't be able to do better than invoice plus $1K - is that accurate? I am flexible on timing - in your opinion, do you think it makes a difference if I pull the trigger now vs December?
Thank you for your continued feedback in these forums. It has been great help!
#1177 of 1293 Re: MF and RV for 2013 Audi A6 Prestige [ffm1]
by Car_man HOST
Nov 18, 2012 (7:33 am)
Hi ffm1. There's actually a funny answer to your question...none of the dealerships quoted you the "right" lease program for this car. The 55% residual value that the second dealer told you is correct, but if your credit is in good shape they are marking up your car's money factor to add additional back-end profit to your deal. Audi Financial Services' current 36-month buy rate for a '13 A6 Prestige is only .00122.
I don't know what the first dealership was talking about. Perhaps they were looking at a 2012 model.
Car_man
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#1178 of 1293 Re: November incentives for Audi A6 [collerad]
by Car_man HOST
Nov 18, 2012 (7:34 am)
Good morning collerad. Audi Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 A6 2.0 Premium Plus quattro with 12,000 miles per year are .00130 and 56% for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
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#1179 of 1293 Re: A6 2.0 Plus MF and residual differences [ajk]
by Car_man HOST
Nov 18, 2012 (8:08 am)
You're very welcome, ajk. Nice car. Audi Financial Services' November buy rate lease money factor and residual value for a 24-month lease of a 2013 A6 2.0 Premium Plus quattro with 12,000 miles per year are .00130 and 63% for consumers who qualify for its top credit tier.
The numbers for otherwise identical 30- and 36-month leases are .00130 / 59% and .00130 / 56%.
The residual values for leases with 10,000 miles per year would be 1% higher.
$1,000 over dealer invoice sounds like about right. Consumers who are in areas with a ton of competition who really pound the pavement might be able to do a couple hundred better, but I'd say that a grand over is about right...and reasonable.
As far as cash incentives go, there is $1,500 owner loyalty on this car right now plus Audi is waiving the first month's payment on leases of it for everyone.
While it's possible that Audi might make a few unscheduled revisions in December, the current programs for the A6 are scheduled to run through the end of the year so I don't think that waiting until December to get one will make a difference.
Car_man
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#1180 of 1293 42 month programs better than 36
by small_lizard
Nov 18, 2012 (8:12 am)
You should all ask for 42 month rates if you want to save some coin on these cars. And below invoice is not impossible.
#1182 of 1293 Should I wait until December?
by bobbyd
Nov 21, 2012 (9:26 pm)
Getting ready to pull the trigger on an A6 3.0. Is there any benefit to waiting until December vs. now? I'm guessing probably not one of any significance, right? Thanks for your help.