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Audi A8: Lease Questions

116 messages,  Last post on Sep 15, 2009 at 3:42 PM

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What is this discussion about? Audi A8, Car Leasing, Sedan

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#107 of 116 Re: A8L current lease rates [shawn757] by robpiccia Jan 30, 2009 (2:17 pm)
Replying to: shawn757 (Oct 06, 2008 5:48 pm) i'm shopping now for a 2009 A8L. made a firm, very reasonable offer to multiple dealerships in nj, all of whom said they'd be "losing money" on the deal. apparently, there's no "cash back" from Audi to the dealerships. also, even the dealerships seems to discourage leasing these cars. the rates are not very favorable. anyone know of any incentive programs coming up for February?
#108 of 116 Audi A8L lease rates by thbell Jun 05, 2009 (12:22 pm)
Carman: I'm interested in leasing a 2009 Audi A8L through Audi Financial Services right now for 36 months and 10,000 miles per year. Can you give me the money factor and residual?   A dealer in the New York metropolitan area is offering me a 36 month lease for 10K per year on a A8L with 19" wheels and a cold weather package for $1,535.25 per month (taxes rolled into the payment), with no money down and the first payment waived (i.e., just 35 payments over the lease term). What do you think of this?   Many thanks!   THB Replies to this message: Car_man (Jun 08, 2009 3:15 am) thbell (Jun 08, 2009 8:25 am) Car_man (Jun 25, 2009 3:31 am) and 2 more... thbell (Jun 09, 2009 1:28 pm) thbell (Jun 15, 2009 1:51 pm)
#109 of 116 Re: Audi A8L lease rates [thbell] by Car_man HOST Jun 08, 2009 (3:15 am)
Replying to: thbell (Jun 05, 2009 12:22 pm) Hi thbell. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 A8L with 10,000 miles per year are .00126 and a horrible 40%, respectively.   I would be happy to give you my opinion of this deal, but it would be easier for me to do so if you would provide me with this car's MSRP and selling price first.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: thbell (Jun 08, 2009 8:25 am) Car_man (Jun 25, 2009 3:31 am) thbell (Jun 25, 2009 5:15 am) and 1 more... thbell (Jun 09, 2009 1:28 pm) thbell (Jun 15, 2009 1:51 pm)
#110 of 116 Re: Audi A8L lease rates [Car_man] by thbell Jun 08, 2009 (8:25 am)
Replying to: Car_man (Jun 08, 2009 3:15 am) Car_Man: Thanks for getting back to me. The quote has changed a little with further discussions.   The 2009 Audi A8L comes in Phantom black with amoretto leather with tha cold weather package and the ventillated/massage front seats. The MSRP of this car is $81,175 and the dealer is quoting a selling price of $77,648. A 36 month lease with 10,000 miles per year, including Audi Care and sales tax, comes to $1490 per month. Audi will make my first payment if I sign up before July 5th. ), so the amount due at signing would be $1091.41 consisting of the bank fee and DMV fees. Let me know what you think.   Many thanks!   THB Replies to this message: Car_man (Jun 25, 2009 3:31 am) thbell (Jun 25, 2009 5:15 am) Car_man (Jun 26, 2009 1:41 am)
#111 of 116 Re: Audi A8L lease rates [Car_man] by thbell Jun 09, 2009 (1:28 pm)
Replying to: Car_man (Jun 08, 2009 3:15 am) Car_Man: For what it's worth, I've had several Audi dealers tell me that the 36 month residual on an A8L lease is 38% for both 10K per year and 12K per year leases (and one has even faxed to me AFS documentation showing this). Apparently, in contrast to the other Audi models where the 36 month residual for a 10K lease is 3% higher than for a 15K lease, the 36 month residual for a 10K lease of an A8L is only 1% higher than for a 15K lease (where the residual is only 37%). You can improve the residual by 1% if you purchase Audi Care (which essentially pays for itself).   THB
#112 of 116 Re: Audi A8L lease rates [Car_man] by thbell Jun 15, 2009 (1:51 pm)
Replying to: Car_man (Jun 08, 2009 3:15 am) Car_Man: Any thoughts on my message #110? I'm thinking that I should be able to get a little more of a discount on the selling price of the A8L, maybe down to $77,250? What do you think?
#113 of 116 Re: Audi A8L lease rates [thbell] by Car_man HOST Jun 25, 2009 (3:31 am)
Replying to: thbell (Jun 08, 2009 8:25 am) Hi thbell. Nearly $1,500 per month is a ton of money to spend on a new vehicle (especially in today'ss economic environment), but that's the price to play at the top end of the sedan segment. A 7-Series or S-Class would be over a thousand bucks per month as well. If it was me, I personally would lease a nice new 5-Series or E-Class and pocket the difference but we all have our own budgets. They just seem like more bang for the buck to me.   Audi is currently providing $2,500 loyalty cash or $2,000 conquest cash on leases of the '08 A8. It's likely that you qualify for one of these incentives. Plus this car probably has a spread of around $5,500 or so between its full MSRP and its dealer invoice price. That's a total of $7,500 to $8,000 to play with in your negotiations. You are only being given a $3,500 discount on this car. I personally would want a larger discount if I was in the market for one.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: thbell (Jun 25, 2009 5:15 am) Car_man (Jun 26, 2009 1:41 am)
#114 of 116 Re: Audi A8L lease rates [Car_man] by thbell Jun 25, 2009 (5:15 am)
Replying to: Car_man (Jun 25, 2009 3:31 am) Car_Man: Thanks for the feedback. I hear you on the bang for the buck front. I currently drive a A6, and it's a great car for a lot less money. But I need the large back seat for long distance driving with the family.   On the price front, please tell me if I'm thinking about this right. As I see it, the dealer has offered me about $3,500 off list price. I'm also getting the $2,500 Audi customer loyalty discount and Audi is making my first lease payment (worth about $1,500). So, if I negotiate a further $500 price reduction, that would total to $8,000 in discount, right?   Many thanks for your help. It's a great forum!   thbell Replies to this message: Car_man (Jun 26, 2009 1:41 am)
#115 of 116 Re: Audi A8L lease rates [thbell] by Car_man HOST Jun 26, 2009 (1:41 am)
Replying to: thbell (Jun 25, 2009 5:15 am) No problem, thbell. I didn't realize that the dealer was giving you the $2,500 in addition to the $3,500 dealer discount. That makes this deal look a lot better. Still, I wouldn't be surprised if you were able to shave another $500 to $1,000 off of the selling price.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#116 of 116 Audi A8 Lease/Buy by mark1234 Sep 15, 2009 (3:42 pm)
Hey guys,  I just wanted to give everyone an update on my Audi experience in Virginia. I have a 2007 BMW 530xi coming off lease. Although I was happy with my car, I was looking to upgrade. I looked at an Audi A8L a few weeks ago. There was one in the showroom, with the B&O audio/Sport package, etc, for an MSRP of around 89,000, and we negotiated to around 84,500. The lease options were very unattractive with residuals of about 40%. The sales manager bascially said that some companies, i.e. BMW, create incentives that favor leasing vs Audi, which seems to encourage buying outright. I am aure I could have gotten more of a deal but I just found it hard to justify buying or leasing a car with that much depreciation. I finally settled on a BMW 550.

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