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Last post on May 19, 2013 at 7:19 AM
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Audi A5, Car Leasing, Car Buying, Coupe
Oct 25, 2011 (5:39 pm)
Guys - working with Audi to get a 2012 A5 Premium Coup.
MSRP is 44,700 and they're offering a lease at an asking price of 44,300 - basically 600 off and $700 a month for 48 months.
I'm also putting 4000 down. This is at 12k miles a year with a 800 dollar maintenance packaged included.
I'm new at this leasing stuff so please advise - how low do you think I can get the asking price and payment down to?
#528 of 720 Re: Audi A5 Lease Help [longhorn8956]
by sarms
Oct 25, 2011 (6:52 pm)
sounds like a terrible deal...take a look back a few pages & look at what others are paying...to figure out your payment you will need MSRP, Sales Price, Residual Value, & Money Factor. You shouldn't have to put any money down either.
#529 of 720 Re: Audi A5 Lease Help [sarms]
by longhorn8956
Oct 25, 2011 (6:55 pm)
I should also add - my credit isn't great; I'm co-signing with my dad so I feel like it shouldn't matter.
Guy said he might be able to get down to 650 - I'm looking more for 600 with a down payment of 2000-2500.
#530 of 720 breakdown
by sarms
Oct 25, 2011 (7:46 pm)
to figure out what your payment should be, you need to get your Residual Value and Money Factor...here's a breakdown on how to determine your payment.
You take your sales price ($44,300) and subtract it from your residual value to get this you multiply your MSRP ($44,700) by the percent they give, lets' say it's 58%, 44,700 x .58 = 25,926 so it's 44,300 - 25,926 = 18,371 divided by lease term 36 or how ever many months it is, 18,371/36 = $510.30, this is your depreciation price.
than you add your sales price $44,300 and Residual Value 25,926 and multiply by your money factor, let's say it's .00161, so the formula is 44,300 + 25,926 = 70,226 X's .00161 = $113.06, this is your finance price.
you add your depreciation price and your finance price $510.30 + $113.06 = $623.36 with nothing down
anything you put down you knock of your sales price, I would also think you could knock 1-2k off your sales price.
#531 of 720 Re: breakdown [sarms]
by longhorn8956
Oct 26, 2011 (4:36 am)
Yeah - I'm not sure of the residual. He did tell me if I came back after the lease to buy it'd be around 20k. The money factor right now is at 5.9% which I feel can be much lower with my dad's credit attached as co-buyer? Not sure if you would agree to that.
#532 of 720 Re: lovefynn [lovefynn]
by Car_man HOST
Oct 30, 2011 (4:22 pm)
Hi lovefynn. If you provide me with the MSRPs and approximate selling prices, or at least the MSRPs and dealer invoice prices, of the cars that you are interested in I will gladly use Audi's actual lease program to estimate some payments for you.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#533 of 720 Re: A5 Premium Plus Coupe 2012 [rxke]
by Car_man HOST
Oct 30, 2011 (4:25 pm)
Hey rxke. According to my calculations, if you were to lease a 2012 Audi A5 Coupe Premium Plus that has an MSRP of $44,705 and a selling price of $42,630 through Audi Financial Services' right now for 36-months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $598.
I used a money factor of .00161 and a residual value of 56% to calculate this payment.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#534 of 720 Re: A5 cabriolet lease [asolare1]
by Car_man HOST
Oct 30, 2011 (4:29 pm)
Here's the information that you're looking for, asolare1.
Audi Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2012 A5 Cabriolet Premium Plus non-quattro with 10,000 miles per year are .00130 and 56%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 39-month lease are .00150 and 54%.
The numbers for an otherwise identical 48-month lease are .00184 and 49%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#535 of 720 Re: Money Factor [sarms]
by Car_man HOST
Oct 30, 2011 (4:32 pm)
Hi sarms. It looks like the dealers are playing hardball with you. Audi Financial Services' buy rate lease money factors for the 2012 A5 are .00130 to .00161.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#536 of 720 Re: Money Factor [Car_man]
by ericksimonds
Nov 02, 2011 (11:17 am)
Hello!
Can you help with my info?
First info offered without negotiation...
Audi a5: Moonlight blue, with the premium plus packge, sports package (black leather), navi, mats, bang and olufsen, exhaust tips, wheel locks, wood inlay, rear parking sensors, advanced key.
Total 49202 - 1802= 47400
Looking for both 36 mo, 15 per year and 36 mo, 12 per year.
Quoted residual today was .55 (15k) and .57 (12K).
Lease factor quoted was .00158
Based on this, looks to me like:
49202 * .55= 27061.1 then 47400-27061.1= 20338.90/ 36= 564.97 +
47400+27061.1=74461.1 * .00158 = 117.65
564.97+117.65= 682.62 plus tax tags, lic, etc... with nothing down. Does the 682.62 sound accurate?
15k per year for three years. I'm considering paying 4000 up front, which would pay for taxes, tags, registration, etc. and some extra. I'm in NJ and my sales tax is 7% my doc fee is 197, license plate is 311, and title is 60.
A 12k per year would look like this?
49202 * .57= 28045.14 then 47400-28045.14 = 19354.86/ 36= 537.64+
47400+28045.14 =75445.14 * .00158 = 119.20
totalling $656.84 per month, plus tax ttl, tags, and doc fee.
Am I on the right track?
I haven't even begun negotiating yet, but feel i may be able to work another 2k off sales price.
Erick