Last post on May 21, 2013 at 9:10 PM
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Audi A6, Audi A6 Avant, Car Leasing, Sedan, Wagon
#491 of 1299 Re: Just the facts [jam550]
Apr 28, 2008 (7:59 am)
There are no guarantees, of course, but I suspect that it will still apply -- more or less. I brought in my 2004 A6 for service last week and spoke to the dealership about my lease-end options in July. They advised sitting tight because they have a lot of A6s to sell and they expect that the offers will only improve.
My guy was upfront about the $3,500 in Audi cash that's available, at least in the DC area. Plus, he said I might qualify for $1,000 more in conquest money for "switching" from another luxury brand (my wife's car is a MB). Not sure if that will pan out, but it's in his interest if it does since I'm happy and he gets the money anyway from Audi. If that's not an option, and you currently drive an Audi, see if they're offering loyalty money instead. I was told there's none right now on the A6, but stay tuned because it moves around
Anyway, assuming all that's true, I don't plan to pay more than invoice (not MSRP) less $3,500. The dealer then makes $1,000 -- which is fair enough. And I'll try to shave $500 off that. I know they want to sell me my car because I had them do all my maintenance for the last 4 years, and that's where the dealerships really make their money these days.
Finally, don't let them make up the reduced sales price on the money factor. I'm not sure what it is right now, but others on this list will know. I do know it's heavily subsidized.
So, in sum, get the dealer invoice price from Edmunds with all the options you want, then reduce it by at least $2,500 (and more if you can qualify for one of the other rebates), and IMHO that should be your target.
#492 of 1299 Re: Just the facts [jpdc]
Apr 28, 2008 (10:09 am)
From personal experience in the car business, leases should get worse as the model year ends from here on out. As the new year models show up, lease support for the older model year actually goes away in favor of "marketing allowance" that cannot be combined with special subvented lease rates.
Currently, with the incentives on the vehicle and a money factor so close to 0, the current A6 lease really cannot get better as the year moves along (remember, the residual lowers as the model year moves along)
#493 of 1299 Re: Just the facts [luvaudi19]
Apr 29, 2008 (7:54 pm)
I'm in LA area, got my A6, 2008 w/premium package, Nav and iPod connector (MSRP $49,165), a few days ago. $1300 down, $533/mo (including tax), 49% residual, 12K miles/yr, plus includes Audi Scheduled Maintenance. Money factor is crazy low 0.00018. Negotiated price down to approximately $40.6K +650 for scheduled maintenance – for those pricing A6. Note, money factor will expire as of May 2, 2008, if I’m not mistaking, not sure if they will keep it that low or will make it higher after.
#494 of 1299 As I promised.
Apr 30, 2008 (6:11 pm)
I feel I could have done better. There are $3500 in incentives out there. I captured only about $2357 of it. But after going to 5 dealerships I had enough. Thank you all for your help and posts.
A6 3.2 Quattro
36 MO. LEASE, 12K/YR, TAXES IN PAYMENT,
Cap Cost:$51061 +AUDI CARE($650)
Down: $1500 (Audi cash)
1st month ($690)
bank fee ($575)
CONVEYANCE FEE???(added profit I guess) ($239)
Hope this helps some of you get a better deal!
#495 of 1299 Re: Just the facts [luvaudi19]
May 05, 2008 (10:01 am)
Thanks luvaudi. That's a valuable perspective. I wonder why my sales guy said otherwise. He must know that I'll be ticked off if the deal he offers me is worse than I could have gotten earlier. Maybe he's just inexperienced.
In any case, we're past May 2nd, so the old deal must have expired. I see a new lease deal on the A6, but it's not quite apples to apples. Does anyone know what the component parts are -- especially MF?
#496 of 1299 Re: Just the facts [jpdc]
May 05, 2008 (4:36 pm)
Lease deals have gotten worse. MF stays the same at .00018. However, the resiudal dropped 2pts across the board for A6s (except the S6 which only went down 1%). Incentives now are $2500. (The $1500 expired and has not continued), and Audi is paying the 1st payment.
As predicted, the lease payments are up compared to last month. Still a good lease though.
#497 of 1299 Re: As I promised. [mishmash1]
by Car_man HOST
May 06, 2008 (2:22 am)
Congratulations on getting your new A6, mishmash1. Thanks for stopping back and snaring the details of your lease with everyone. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your sweet new ride (I've always liked the A6) .
Prices Paid: Buying & Leasing Experiences Forum
#498 of 1299 Re: Just the facts [jpdc]
May 14, 2008 (7:20 am)
thanks for the info., can you tell me which dealer/saleperson you are dealing with as I am looking for an A6 lease in DC, did not have great experience at a dealer in VA?
#499 of 1299 Waiver of lease acquisition fee?
May 16, 2008 (10:22 am)
Does the Audi lease incentive ($2,500 cash back to dealer + pay 1st month's payment) also include waiving the $595 acquisition fee?
#500 of 1299 Re: Waiver of lease acquisition fee? [colonote]
May 16, 2008 (10:47 pm)
Security deposit is waived, but the acq fee of $575 is not. However, Audi Financial requires it to be in the cap cost (actually works in the consumer's benefit) rather than due upfront.