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Audi A6 Lease Questions

644 messages,  Last post on Oct 18, 2009 at 10:52 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Audi A6, Audi A6 Avant, Car Leasing, Sedan, Wagon


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#51 of 644
Re: Audi A6 Avant quattro lease [barclaybear] by Car_man HOST
Jan 06, 2006 (3:48 am)
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Replying to: barclaybear (Dec 30, 2005 8:38 pm)

You're very welcome barclaybear.
 
Car_man
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#52 of 644
A6 Lease Question by nycaudi
Jan 08, 2006 (4:07 pm)
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Greeting All,
 
I am a newbie from NYC and I have just fell in love with the Audi A6. I need some help on the first pass numbers my local dealer provided to me so any help would be much appreciated.
 
2006 A6 3.2
Technology
Premium
S line Sport
 
Dealer (NYC) quotes:
MSRP of 55,390 with a Cap Cost of 53,000 With 17k year, money factor of .00075 and 63% LEV, a 24 month lease payment is $844.82 (including 8.35% tax with 4,132 first payment)
 
My questions are:
1. Overall, is this a decent deal? The numbers seem high to me.
  
2. If not, where should I be pushing? On the Cap Cost? First Month Payment?
 
I really only what the car for 24 months because I am sure that I will trade up. Any thoughts?
 
Thank You
#53 of 644
January lease rates by skibumnj
Jan 10, 2006 (7:55 pm)
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Hi,
 
I just came back from the dealership where I leased my current A6 three years ago and have several questions.
 
1. The dealer told me that there was no loyalty incentive in place right now, but he would let me know by the end of the week if Audi implement's one. Can you confirm that there is not a $1500 loyalty program currently?
 
2. The dealer told me that the MF for January on a 36 month, 12K/yr lease is 0.00075 and the residual is 52%. Are these numbers accurate? 52% seems very low.
 
3. I priced two different cars; both identical with the exception that the second had a $2500 option that the first did not have. The after tax monthly payment for the first was $620/mo and the second was $685/mo. That's a difference of $65/mo, which over 36 months comes out to $2340. Why would I be paying almost the entire $2500 option amount over the lease term if the residual is 52%?
 
Thank you in advance.
#54 of 644
Residuals on the A6 by cstabile
Jan 18, 2006 (12:08 am)
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Hello,
 
I am looking for the residuals and money factors for a 2006 A6 3.2 Quattro for 36/39/48 month terms with 12k and 15k per year. Any help would be much appreciated. Thanks.
 
Chris
#55 of 644
Re: January lease rates [skibumnj] by rjlaero
Jan 18, 2006 (6:36 am)
Reply

Replying to: skibumnj (Jan 10, 2006 7:55 pm)

That residual is correct.
 
It's 55% for a 10k miles / 36months, and slightly less for 12k miles / 36months.
 
Also, the money rate factor is at the discrection of the dealer. They don't have to give you the best one available, it's up to you to ask for it.
#56 of 644
Re: A6 Lease Question [nycaudi] by Car_man HOST
Jan 18, 2006 (9:17 am)
Reply

Replying to: nycaudi (Jan 08, 2006 4:07 pm)

Greetings nycaudi. You certainly have an appropriate username. Let's take a look at the deal that you were quoted. The lease money factor and residual value that the dealer is giving you are right in line with Audi Financial Services' current base lease program for this car. This is a good sign because it means that the dealer that you are working with is being straightforward with you and not trying to add hidden back-end profit to your deal by marking-up your car's money factor.
 
Now let's take a look at this car's selling price. A 2006 Audi A6 3.2 quattro with the Technology and Premium Packages has a spread of only $1,900 between its full MSRP and dealer invoice price. You are being given a discount of $2,390 on the car that you are considering, assuming that the cap cost that you mentioned hasn't taken any sort of cap cost reduction into account. This is an excellent price for this car. Using the prices that you mentioned and AFS' current lease program, I estimate that this car should have a 24 month, 15,000 miles per year, zero down, pre-tax monthly payment of around $821. Assuming that the payment that you were quoted includes tax and you aren't making any sort of cap cost reduction, you are pretty close to this figure. If you are making a cap cost reduction, try to get the dealer to lower it.
 
Car_man
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Smart Shopper / Prices Paid Forums
#57 of 644
Re: January lease rates [skibumnj] by Car_man HOST
Jan 18, 2006 (9:23 am)
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Replying to: skibumnj (Jan 10, 2006 7:55 pm)

Hi skibumnj. Last month Audi has owner loyalty and conquest cash (for non-Audi owners) incentives on the 2006 A6. Unfortunately, both of these programs expired and according to the fairly reliable sources who I have spoken with Audi is not planning on bringing them back in the near future. Of course, anything can change with a month or two of bad sales so it is impossible to predict whether or not Audi will bring these offers back with 100% certainty. The lease money factor and residual value that you were quoted for this car are right on the money. The impact upon your the car's lease payment that the option that you mentioned will have will depend upon whether it Audi Financial Services allows it to be residualized. Many factory installed options can be fully residualized. Dealer installed options and some upgraded wheels often cannot. If this is the case then you would have to pay for the entire price of the option over the life of your lease.
 
Car_man
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#58 of 644
Re: Residuals on the A6 [cstabile] by Car_man HOST
Jan 18, 2006 (9:26 am)
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Replying to: cstabile (Jan 18, 2006 12:08 am)

Hello Chris. If you were to lease a 2006 Audi A6 3.2 Sedan with quattro through Audi Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00075 and 52%, respectively. The numbers for an otherwise identical 39 month lease should be .00095 and 49%. Don't bother with a 48 month lease on this car because Audi is not supporting 48 month lease money factors and your lease payment for this term will be much higher. AFS' 12,000 miles per year residual values are 2% higher than its 15,000 miles per year residuals.
 
Car_man
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#59 of 644
Re: Residuals on the A6 [Car_man] by cstabile
Jan 18, 2006 (11:39 am)
Reply

Replying to: Car_man (Jan 18, 2006 9:26 am)

Thanks for the info CarMan. It will very helpful.
#60 of 644
Re: January lease rates [Car_man] by skibumnj
Jan 18, 2006 (3:15 pm)
Reply

Replying to: Car_man (Jan 18, 2006 9:23 am)

Thank you Car_man. The residual for the 36 mo/12K lease turned out to be 54%, as you stated in another response above. I went ahead and leased the car and I think I got a decent deal, even without the owner loyalty. I posted the details in the prices paid forum.
 
Thanks again!

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