Audi A5 Lease Questions

720 messages,  Last post on May 19, 2013 at 7:19 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Audi A5, Car Leasing, Car Buying, Coupe

#627 of 720 Re: 2013 Audi A5 Coupe Premium Plus Lease - Lease Evaluation? [byrdgirlclone] by nwsportsreport

Sep 05, 2012 (4:36 pm)

Replying to: byrdgirlclone (Sep 05, 2012 3:28 pm)
Thanks byrdgirlclone. I noticed that you and md9599 both posted deals you received for a 2012 model. Although it seems like you got a great deal for a 2012 model given that you got your deal in November 2011. md9599 also leased a 2012 model but got it towards the tail end of the model year, which I think is the only reason why he/she was able to get an A5 below invoice, correct?
 
Also, based on my calculations, it appears that you both didn't have to put a security deposit or first month's payment upon signing? Otherwise, I'm just not understanding how you were able to get away with paying such a low amount at signing while getting your monthly payments down to around $600/month inclusive of Cali taxes. The Acquisition Fee is $695 and License/Registration/Gov't Fees are roughly around $400+, which I believe are non-negotiable?
 
I calculated that I am paying $13.49 for every $100 financed through Audi Financial Services. Thus a $5,000 cap cost reduction equates to roughly -$67/month.
 
Unfortunately, when I went in during the Summer of Audi event, they were not waving the first month's payment for an A5, just for the A4's. Therefore, I have to include my first month's payment at signing.
 
Not trying to discredit you in any way. In fact, I think you got a great deal. I just want to make sure I'm using the correct figures when doing my calculations.
 
My main concern is the money factor. The 2013's just came out, but a 0.00172 money factor seems awfully high compared the other people who have posted. And if anyone has been able to get a 2013 at <=$1,000 above invoice, please let me know. Thank you

#628 of 720 Re: 2013 Audi A5 Coupe Premium Plus Lease - Sept Rates & Lease Evaluation? [nwsportsreport] by aakk

Sep 09, 2012 (3:53 pm)

Replying to: nwsportsreport (Sep 05, 2012 3:27 pm)
nwsportsreport, are you in the bay area? If so, which dealer is it?
 
If you have good credit score, your money factor is too high and residual value is too low. You should try another dealer.

#631 of 720 Re: 2013 Audi A5 Premium Plus lease with nav [Car_man] by socalaudiguy

Sep 11, 2012 (8:44 am)

Replying to: Car_man (Sep 03, 2012 2:25 pm)
Hi Car man,
  
This forum is great, thanks for hosting. Wanted to get your thoughts, i leased a 2013 A5 coupe, premium plus, automatic, exhaust tips in moonlight blue metallic, zero down, 48 months, 10k miles, payment is $601 per month including tax and including Audi Care. How did I do?
  
Thanks for the insight

#632 of 720 Need help for leasing my A5!!! by audia5_lover

Sep 11, 2012 (8:11 pm)

Hi everyone,
 
I love the 2013 A5, and planning to lease one. The model I am gonna lease is Audi A5 Premium White, plus the convenient package and LED Headlight. I went to the dealer and they gave me this offer:
 
Vehicle Price: $42,485.00
Sell Price:$39,422.96
Sale Tax: 8.75%
Out the Door Price: $43,341.82(including tax and DMV fees)
 
Money Factor:0.00176
Residual Value:$23,416.00
 
For 42 months leasing(10K each year), they offer me $4000 drive off and $500(tax included) monthly payment.
Do I get a good deal? Or is this deal fair enough?
Please help asap, cuz Im gonna get the car this week!!
Thanks everyone!!!

#633 of 720 Re: 2013 Audi A5 Premium Plus lease with nav [Car_man] by audia5_lover

Sep 11, 2012 (8:16 pm)

Replying to: Car_man (Sep 03, 2012 2:25 pm)
Hi Carman,
 
I saw your email on the website leasing A5 and got a question for you, hope that you can help.
 
I love the 2013 A5, and planning to lease one. The model I am gonna lease is Audi A5 Premium White, plus the convenient package and LED Headlight. I went to the dealer and they gave me this offer:
 
Vehicle Price: $42,485.00
Sell Price:$39,422.96
Sale Tax: 8.75%
Out the Door Price: $43,341.82(including tax and DMV fees)
 
Money Factor:0.00176
Residual Value:$23,416.00
 
For 42 months leasing(10K each year), they offer me $4000 drive off and $500(tax included) monthly payment.
Do I get a good deal? Or is this deal fair enough?
Please help asap, cuz Im gonna get the car this week!!
Thanks!!!
 
Best Regards,
Henry C.

#634 of 720 Re: 2013 Audi A5 Premium Plus lease with nav [socalaudiguy] by Car_man HOST

Sep 12, 2012 (3:19 pm)

Replying to: socalaudiguy (Sep 11, 2012 8:44 am)
Thanks socalaudiguy. It would be easier for me to evaluate this deal if you were able to provide us with this car's MSRP and dealer invoice price. Do you have those figures?
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#635 of 720 Re: 2013 Audi A5 Premium Plus lease with nav [audia5_lover] by Car_man HOST

Sep 12, 2012 (3:26 pm)

Replying to: audia5_lover (Sep 11, 2012 8:16 pm)
Hi Henry. You certainly have an appropriate username...audia5_lover.
 
The money factor that you were quoted for this car looks a little high. Audi Financial Services' September buy rate for a 2013 A5 Coupe is only .00141. Make sure that the dealer uses this car's buy rate to calculate your payment.
 
Let's take a look at the selling price that you were offered. This car probably has a spread of around $2,700 between its full MSRP and its dealer invoice price, so the discount of $3,000 that you were quoted looks excellent to me...even when one takes the money factor mark-up into account.
 
One other aspect of this deal that I would change is the amount due at lease signing. $4,000 is a lot of money to plunk down on a lease. If your vehicle is totaled in an accident or stolen and never recovered you could possibly lose part or all of that money. Even though it means that your monthly payment will be a little higher, it is much safer to go with a zero down lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#636 of 720 Re: 2013 Audi A5 Premium Plus lease with nav [Car_man] by socalaudiguy

Sep 12, 2012 (4:47 pm)

Replying to: Car_man (Sep 12, 2012 3:19 pm)
Thanks car man, the MSRP was $44,110, I dont have the dealer invoice price exactly from the dealership, but edmunds lists the invoice price as $41,086.
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