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You are in the Prices Paid - Buying & Leasing Experiences
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Audi A5, Car Leasing, Car Buying, Coupe
Jul 07, 2011 (5:50 pm)
Car Man, you are so helpful with this process. I can't thank you enough. I promise this is my last question.
I've been really crunching the numbers with leasing and I can figure out why my numbers don't match an Audi Dealer's when we agree on the same factors for a 2012 A5. For example, I get them to agree on:
Money Factor: .00161
Drive off: $10,000
Sale Price: $46,400 (MSRP $47,625)
Residual: $28,100 (59%)
Term: 36 months
Add' Fees: $1000 (Acquisition, etc)
Lease calculators show the payment as being $399 with tax....yet these dealers quote me, AT BEST, $475 including tax. I just don't get where I am losing the money. I don't like not understanding something before I purchase...and I thought the lease principles applied are black and white.
Am I getting snaked? Let me know. You're the lease expert!
Jul 07, 2011 (5:51 pm)
...I use the Edmunds lease calculator.
#488 of 765 Re: Question A5 2012 Prestige [Car_man]
Jul 07, 2011 (5:57 pm)
#490 of 765 Am I getting a good deal?
Jul 10, 2011 (9:13 am)
I'm in the market for to lease an A5.
I went into a dealership yesterday and this is what was offered.
The car was approximately $40,200 MSRP and included Blue Tooth/Home Link, Ipod, heated seats and Audi Care.
The deal was for 39 months, 10,000 miles per year, $510 per month, and $3000 down.
This price includes my Audi Loyalty discount.
I am currently turing in an already paid off 2008 Audi A4 in excellent condition and the lease is officially up August 11th.
I had 36,000 miles but I only used 29,300 miles.
The first salesmen mentioned that I could use some of the equity in the car to lower the price. The same salesmen came back and told me there were a couple of dings and the car and that if I turned the car it would be awash. Later when I was talking to the salesmen's manager and about to leave the manager mentioned that there was equity in the car and I could use it should I choose to lease the car from them instead of leaving the dealership (My buddy and I sensed that the initial salesmen was full of bull regarding the car being awash)
With the equity bargaining piece in play can I get a better deal?
Am I getting a good deal at present?
I feel like I should be able to do better.
To put it in perspective I was able to get my last A4 with nothing down except registration and first months and I got Ipod, heated seats, audi care, and wood trim for $405 a month.
What do you folks think?
Thanks in advance!
#491 of 765 Re: Am I getting a good deal? [newbie44]
Jul 12, 2011 (10:05 am)
Never put down $3000 down on a lease, that is crack prices. Don't walk RUN away. I am leasing a $51,000 BMW 335 D, and I am putting down $893 as drive off which incl 1st months payment. My monthly pay,emnt is $528.50 tax incl, however since the car is being ordere I have to wait
#492 of 765 Re: Additional [bhayward]
Jul 16, 2011 (6:36 am)
Can I ask why you wouldn't simply outright buy the car? Money does not appear to be the issue as you are able to put 10K down. Aren't you going to be so much better off in three years under a buy scenario if you decide to sell the car? Your payments would be reasonable still if you used 60 months or 72 months at 3.9.
I'm not trying to be a smart ass but even after having read your thought I don't see the point of putting 10K down on a lease and then buying the car. That has to cost you something more than if you simply buy the car from the get go no?
#493 of 765 Re: Additional [beerme1]
Jul 16, 2011 (6:16 pm)
I wasn't putting 10k down...I stated it was $3000 down and it was for 10,000 miles per year.
I've gone to a couple of dealerships and I think I got the price down to $1665 including registration and first month's payment. I also think I got the monthly payment down to $515.
#494 of 765 New Lease
Jul 17, 2011 (9:37 am)
Im looking into leasing a new 2012 Audi A5. Went to the dealership and got some pricing and wanted to see how good the price they gave me was and how much room I have to negotiate.
Car Specs -
2.0 Premium Plus
Phantom Black Paint
Audi MMI Navigation Plus
B&O Sound System
They offered me a 39 month lease, 10,000 miles a year, for: $600 a month and $4000 due at signing which they said covers first month payment, taxes, titles, tags, fees, etc...
The price of $600 a month is what the dealer told me as the first price of the car after running the #'s and he said that's after him taking $2000 off the price of the car. Is this truly the lowest they can go because A5's are in high demand or do I stand a chance to knock some more money off the monthly payment? Also, does $4000 due at signing sound normal? I've had 1 lease before and I can't be certain but I think out the door after 1st month, taxes, titles, tags, fees that I paid them like $1800 and that was for my G35 sedan which had monthly payment of $499. Am I taking a beating with what Im paying out the door as well?
Thanks for your help
#495 of 765 Re: New Lease [jaydon]
Jul 18, 2011 (8:04 pm)
I just got my 2011 A5 lease yesterday.
I really think I got the best price possible.
I got this in Southern California
(I went to four places and played them off against each other as all of you should do)
The problem with this car is that although it is 2011 and they are clearing them out for the 2012 it is a hot car and they are only willing to go so far.
The details are as follows.
I was turning in an 2008 A4 lease that was already paid off and in excellent condition and I only had 29,000 miles when I could have driven 36,000 etc.
I was able to get some equity out of the car on that end ($600)
Additionally I got the premium package with the audi care included.
No navigation but seriously in this day and age?
It had blue tooth, home link, IPOD connection and LoJack. (You have to activate the LoJack for a fee)
I got it for $1665 down (including first months and registration), 10K miles per year, and 42 months, and $550 including tax a month.
The overall price of the car was lowered by my audi loyalty discount ($750 and again the equity in the car)
At one point I really did think that I could get the car for $1665 and $500 month. No such luck at any of the dealerships.
Ultimately I got a dealer to agree to $534 and $1665 but unfortunately my credit wasn't good enough to get that price. (Just under 700)
Never the less I got a beautiful car that turns heads and is awesome to drive.
By the way, the first time I went into the dealership they pitched me $3000 down and $566 a month.
I hope that helps!