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Audi TT Lease Questions

52 messages,  Last post on Nov 12, 2009 at 2:51 PM

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

What is this discussion about? Audi TT, Car Leasing, Convertible


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#5 of 52
2008 Audi TT Roadster by lbh2315
Mar 21, 2007 (8:49 am)
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Well I guess I will be the first to list my deal on the NEW TT Roadster! Here is my deal, CarMan (an others), please comment when you have some time.
 
2008 Audi TT Roadster 2.0 TFSI
Brilliant Black with Limestone Gray Leather/Alcantara
Premium Package
Bose Surround Sound
Audi Navigation Plus
Bi-xenon adaptive headlights
18 inch 7 arm alloy wheels with Z rated tires
Bluetooth cell phone prep
 
MSRP with destination = $45,570
Agreed sale price = $43,776 (4% off MSRP)
Residual = 57%
Term = 36 months
Mileage: 12K/year
Money Factor = .00240 (didn't think a car this new and this hot would have a very good money factor - and it didn't, although not horrible, i.e. Porsche)
 
Drive off is $3K, which includes $700 to the state of Arizona for plates and gov't fees, $575 for acquisition fee, $388 for doc fee and $1337 cap cost reduction.
 
Total monthly is $696/mo.
 
Any advice. Great deal? I think not. Bad deal? I think not. I look at it as being the best I could do under the circumstances. The new TT roadster is not even out yet, waiting lists exist and the car has been getting rave reviews - so I was surprised to finally find a dealer who would give me 4% off - most told me 1% off tops! So, why do I feel like it is not a good deal???? Thanks in advance for any advice or suggestions from anyone......
#6 of 52
Re: 2008 Audi TT Roadster [lbh2315] by Car_man HOST
Mar 30, 2007 (3:15 am)
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Replying to: lbh2315 (Mar 21, 2007 8:49 am)

Congratulations on your new Audi TT, lbh2315. I've always liked this car and the 2008 model is even better than the previous generation was. The '08 TT roadster is supposedly more rigid than the old coupe was.
 
It looks like the dealer that you got your TT from marked up its money factor a little bit to add additional profit to your deal. Audi Financial Services' March buy rate lease money factor for a 36 month lease of an '08 TT 2.0T roadster is only .00190 (.00015 higher with the security deposit waived). Having said this, the $1,800 discount that you were quoted seems pretty reasonable for a redesigned model that was just introduced. Overall, I'd say that this isn't a bad deal for such a new car.
 
Car_man
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Prices Paid Forum
#7 of 52
Lease Info for 2008 TT? by nyaudime
Apr 18, 2007 (8:55 pm)
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What are the money factor and residual rates for a 24 month lease with 10K and also with 12K miles for the 2008 TT? Thanks.
#8 of 52
Looking for May Lease #'s by wvbob
May 05, 2007 (7:33 am)
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Car_Man
So far this year I have attacked the same Dealer for a '07 Jetta Wolfsburg, '07 Passat Wolfsburg both for my daughter's Now Dad is interested in leasing a '08 TT.
What are the MF and RV's for 36/48/60 months, 10k miles. If numbers crunch correct I'm taking the chain saw to the dealer and cut a deal! My interest's align with the 2.0T w premimum pkg/heated seats/AUTO/xeon lights/power roof. I guess I must be getting soft in my older years! Any suggestions for options or approaches to reduce the cost's. I feel I hammered the dealer fairly well for the two VW's, based on what I have read in the respective forums. Not certain he'll move as far this time of year and this vehicle!
#9 of 52
Re: Audi TT: Lease Questions [Car_man] by driver27
May 23, 2007 (4:44 am)
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Replying to: Car_man (Aug 31, 2005 2:08 am)

Greetings. I am new to this site and to the leasing process. I have always bought cars for cash. I am going to try to lease a new Audi TT (not sure whether it will be a convertible or a coupe). I would appreciate any advice on the specifics of lease terms that may be available for the new TT. I live in the Washington DC area and have some flexibility as to where I purchase the car. Depending on the lease terms, I might prefer to buy the vehicle, so any advice on what kind of a purchase deal I could get would also be appreciated. I would imagine that Audi would like to get some of these cars out on the road, and that with the end of the month coming up there might be some flexiblilty on price. Thanks in advance for any help.
#10 of 52
A4 3.0 Cab Chicago Area by av8tris
May 23, 2007 (8:52 am)
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I am interested in leasing or the premium ownership program on an A4 3.0 conv with heated sports seats, blue tooth, nav, and thats it. What have been your purchasing experiences with the lease for premium ownership? How much have the dealers been neg?
#11 of 52
Re: 2008 Audi TT Roadster [lbh2315] by floridacarwiz
May 24, 2007 (9:12 pm)
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Replying to: lbh2315 (Mar 21, 2007 8:49 am)

IBH,
          You did not do badly on your lease... I got a similar option package without Nav and Bluetooth, but got the Sirius radio and baseball optic stitching, so our bottom lines are similar. Mine, very quickly, is $4,000 down for inceptions and cost cap... $660 per month on a 24-month lease. I thought it was a little high, but it compared favorably to my 2003 Jaguar S-Type.
          The money factors are not as good as when we leased my wife's 2006 A6, and I guess there is a premium to be paid to be one of the first to have the automobile.
          I ordered the car on May 1st and my salesman says I should have it early to mid-July. From what you heard about waiting lists, does that sound reasonable? As you did, I also got $1,800 off of sticker... about 4%.
          In south Florida it is difficult to get a deal on any newly released car. You certainly pay a premium to be the first on your block, but with this shape and performance, I think it's worth it.
          Best of luck with your vehicle and many safe and exciting miles.
                      Elliott
              
#12 of 52
One point of information on the Bose system by floridacarwiz
May 24, 2007 (9:24 pm)
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All prospective purchasers: Please note that the $1,000 Bose system is not a surround sound system on the TT. I tried it out on the showroom floor and one writer said it needed a little more bass, which I do agree with, so I plan on doing a little upgrading of the system with a sub-woofer and possibly a couple of nice Polk Audio rounds in the kick panels.
 
The Bose radio does come with the Audiopilot, which monitors ambient noise in the cockpit and compensates with more volume when there is more noise intruding in the cockpit.
 
Also, the system is rated at 255 watts and I believe it has 11 speakers.
 
 
#13 of 52
Leasing In MA by bmwt23
May 28, 2007 (6:32 am)
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Im currently trying to decide Whats better to either lease or buy the car. Typically I hate the fact of buying because I have bought a new car every 1-2 years. But In the long run is it better ot hold on or finance the Audi TT ? basicall i wanna know a comparison with OTD prices thanks in advance
#14 of 52
Re: Leasing In MA [bmwt23] by floridacarwiz
May 28, 2007 (6:54 am)
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Replying to: bmwt23 (May 28, 2007 6:32 am)

BMWT23, I may be the wrong guy to ask this question to. Since I have an investment fund that generates a good return, I never take out principal from it, so I definitely always lease. I also try to put down the least money for inceptions, and sometimes roll that into the leasing number.
 
Also, the $45,000 sticker price would make me shudder a bit if I had to come up with it to own the car. I would suggest you ask your accountant the question and see what he says.
 
This time I am leasing for 24 months, being that the automotive industry is changing their models to more modern offerings with sleeker body styles and high-performance and technology at the forefront.
 
Whatever your final choice, good luck and many happy and safe miles ahead.
 
 

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