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

#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
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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.

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

Sep 13, 2012 (11:29 am)

Replying to: aakk (Sep 09, 2012 3:53 pm)
Thanks aakk, really appreciate your feedback. I actually am in the Bay Area. I looked at some of your previous posts and found that dealers are offering different MF at other dealerships. All the research I've done says that Money Factor and Lease Residual are basically non-negotiable. But based on your experience, I can see that this isn't true at all. Does anyone know what the September Money Factor rates are?
 
Thanks again.

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

Sep 13, 2012 (2:59 pm)

Replying to: socalaudiguy (Sep 12, 2012 4:47 pm)
You're very welcome socalaudiguy. OK, so this car has a spread of around $3,000 between its MSRP and its dealer invoice price. If I assume a dealer discount of $1,500, I come up with a zero down, pre-tax monthly payment of around $541...probably closer to $550-something once Audi Care is added in. The payment that you were quoted, $600 per month, likely includes sales tax, so it's not outrageous.
 
How much of a dealer discount are you being given on the selling price?
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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

Sep 13, 2012 (3:20 pm)

Replying to: Car_man (Sep 13, 2012 2:59 pm)
Thanks Car man, yes the final price of $600 per month includes audi care and CA sales tax. The dealer discount was right around the 1200-1500 range, given that I leased the car in early July when it literally just hit the lot. Sounds like I got a decent deal?
 
Was hoping for a GREAT deal, but given that its a new design from previous years and had just hit the market, that was probably unrealistic...

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

Sep 14, 2012 (2:05 pm)

Replying to: nwsportsreport (Sep 13, 2012 11:29 am)
Got another quote from a dealer with a much lower money factor (0.00141). Unfortunately, I made a stupid mistake by leaving a $1K deposit at another dealership while the car is in transit. I have been researching whether my deposit is refundable and found that in the state of California, dealerships are not allowed to take a non-refundable deposit until the car is driven off the lot and even then, the buyer has 3 days to return it. I want to verify if this is true or not? Any thoughts? Thank you.

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

Sep 15, 2012 (6:49 am)

Replying to: nwsportsreport (Sep 14, 2012 2:05 pm)
Not sure about the refundable deposit.. Is this a car from their allocation, coming from the manufacturer, or is it a car they are trading for, on your request?
 
There is no 3-day right of recission on car purchases... once you sign the papers and drive it off the lot, it is yours.

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

Sep 17, 2012 (3:16 pm)

Replying to: socalaudiguy (Sep 13, 2012 3:20 pm)
You're welcome socalaudiguy. Yes, I would say that this is a reasonable deal on an awesome car. Enjoy!
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#643 of 720 Sept. MF by sublimegolf

Sep 22, 2012 (7:48 pm)

Trying to lease a 2013 A5 Premium Plus. I was told by the dealer that the September money factor of 0.00141 was only good for current Audi owners...it was a loyalty program thing. The best he could do was .00156. (btw...my credit score is 700+)
 
Anyone know if this is true or not?

#644 of 720 Re: Sept. MF [sublimegolf] by Car_man HOST

Sep 23, 2012 (7:32 am)

Replying to: sublimegolf (Sep 22, 2012 7:48 pm)
Hi sublimegolf. What you were told is not entirely correct. The .00141 factor is available to all consumers, loyal or not. Having said that, as a non-returning customer you may have to pay a security deposit to get that factor that a loyal customer would have waived. AFS will waive its security deposit requirement in exchange for a .00015 money factor increase.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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