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Audi A3: Lease Questions

348 messages,  Last post on Mar 20, 2013 at 5:49 PM

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What is this discussion about? Audi A3, Car Leasing, Sedan

Messages Page 31 of 35

#299 of 348 Re: A3 TDI Lease Rates for Feb [Car_man] by churwitz

Apr 04, 2011 (9:18 pm)

Replying to: Car_man (Feb 17, 2011 5:11 pm)
Hi Car_man
 
Are those numbers still valid for this month? ie: A3 Premium Plus Gas without quattro for .00018 and 51% for 36 months and .00038 / 47% for 42 months.
 
Do you have the numbers for a 48 month lease for 10,000 miles?
 
If that money factor is still valid for even the 42 month lease, there should be some fantastic deals out there.

#300 of 348 Re: A3 Quattro 2.0 [rchandler84] by Car_man HOST

Apr 05, 2011 (4:10 pm)

Replying to: rchandler84 (Apr 04, 2011 1:24 pm)
You're welcome Ryan.
 
Audi Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2011 A3 2.0T Premium FWD with 15,000 miles per year are .00009 and 52%, respectively.
 
The numbers for an otherwise identical lease of a 2011 A4 TDI Premium are .00136 and 55%.
 
The only cash incentive that I am aware of on leases of this car is $500 for loyal customers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#301 of 348 Re: A3 TDI Lease Rates for Feb [churwitz] by Car_man HOST

Apr 05, 2011 (4:16 pm)

Replying to: churwitz (Apr 04, 2011 9:18 pm)
Hi churwitz. Audi's March numbers are still good in April, but the numbers that you referenced are from February.
 
AFS' current buy rate lease money factor and residual value for a 36 month lease of a 2011 A3 Premium Plus 2.0T with 15,000 miles per year are .00009 and 48%, respectively.
 
The numbers for an otherwise identical 39 month lease are .00009 and 47%.
 
You definitely don't want to lease this car for 48 months. Audi is not providing lease support on that length lease.
 
The residual values for leases with only 10,000 miles per year are 3% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#302 of 348 Re: A3 Quattro 2.0 [Car_man] by rchandler84

Apr 05, 2011 (7:14 pm)

Replying to: Car_man (Apr 05, 2011 4:10 pm)
Thanks, Car Man. I was at the dealership yesterday and they are offering me a premier purchase program for 42 mos, 10k miles/year at about $378/month with $3,500 down (incl. all fees and 1st month rent). He said that the sale price is only $350 over invoice. It's a 2011 A3 2.0T (petrol) Premium Plus, MSRP of 33,845. I believe the rate for the PP program is 3.75% and the residual is 50% at this mileage. Could you give me your thoughts on if this a good deal or not? The dealer says the PP program rate is lower than the standard lease rate and the other terms are the same. I will likely purchase the vehicle at the end of the lease, which would be around $16,900...this seems like a pretty good deal if I could finance that purchase at around 3%. Thanks for the help!
 
Best,
Ryan

#303 of 348 Re: A3 Quattro 2.0 [rchandler84] by Car_man HOST

Apr 17, 2011 (3:46 pm)

Replying to: rchandler84 (Apr 05, 2011 7:14 pm)
You're welcome Ryan.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#304 of 348 Re: A3 TDI Lease Rates for Feb [Car_man] by churwitz

Apr 18, 2011 (11:52 am)

Replying to: Car_man (Apr 05, 2011 4:16 pm)
Thanks for your help Car_man. I just picked up my new Audi A3. For those interested, this is my deal:
 
$1500 drive-off
$400/month (tax included)
39 month lease
Audi A3 6MT (manual transmission) in white
Premium Plus Package
Cold Weather Package
Sports Package
Open Sky Panorama Sunroof
Aluminum Roof Rails + Base Rails
 
If anyone wants to provide feedback, I'm happy to hear it. I thought I got a pretty good deal. Anyone think otherwise?
 
Also, I bought the excess wear and tear insurance for $699. This was the deluxe version (ie: I can turn the car in a year early without penalty) I only realized afterward that there is actually a standard version for cheaper which allows you to turn in the car 90 days early without penalty (They didn't offer this to me). Since I won't be turning the car in early, I want to see if they'll change me to this version, although it might be too late. Anyone know if Audi offers the standard excess wear and tear insurance?

#305 of 348 Re: A3 TDI Lease Rates for Feb [churwitz] by Car_man HOST

May 02, 2011 (12:45 pm)

Replying to: churwitz (Apr 18, 2011 11:52 am)
You're very welcome churwitz. Congratulations on your new A4. Thanks for taking the time to share the details of your lease with everyone. Enjoy your new ride!
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#306 of 348 Re: A3 TDI Lease Rates for Feb [churwitz] by htram516

May 02, 2011 (7:19 pm)

Replying to: churwitz (Apr 18, 2011 11:52 am)
churwitz, would you mind telling where you got this deal at? I'm basically looking for the exact same thing.
 
What was the sale price on the vehicle?

#307 of 348 Is this a good deal?? Need help! by htram516

May 02, 2011 (10:00 pm)

I was quoted this price from a local deal here in southern california:
 
Audi A3 Premium Plus with Open Sky Roof & Wheel Locks:
 
MSRP: $32,805
Sale Price: $29,700
Terms: 15k miles / 39 months
Drive off: $863.11
Acquisition Fee: $695.00
Document Fee: $45
DMV Fee: $439.75
Residual: 47%
MF: .00009
 
Monthly: $389.30 + tax = $423.36
 
1. Is this a good deal?
 
2. Does the power of money calculation come into effect for these types of leases?
 
((Mo. Payment*Months)+Out-of-pocket down payment)/MSRP=Power of Money Calculation
 
With that calculation I would be at: 0.52 which is really high!
 
Thanks

#308 of 348 A3 TDI Lease - SoCal Market by b2thev

May 03, 2011 (8:15 pm)

Hi Car_Man,
 
I put a deposit down on an A3 TDI with the following equipment:
 
Premium Plus
Metallic Paint
Alum Roof Rails
Cold Weather Pkg
Convenience Pkg
Open Sky Roof
Wheel Locks
 
I found out that my A3 TDI arrived early on Friday. AMEX shows the invoice at $35,185 and the MSRP at $37,055. The dealer quoted a net cap cost of $35,975 for a 36-mos lease at $587/mo and a drive-off of approx $1,909.15 (tax, title, lic, acquisition and 1st mo payment).
 
I know that TDIs aren't subvented like the gas models, and feel $750-$1,000 to the dealer is fair, but my numbers showed some additional cushion (I used .00136 and 55%).
 
Did the numbers improve in May? Edmunds is now showing dealer cash of $2,000 for the TDI, which I believe is new for the TDI for May...and could justify a $34,185 or better net cap cost?
 
Thanks for your great service, and straight-up advice!

Messages Page 31 of 35

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