719 messages,
Last post on May 14, 2013 at 11:35 AM
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Audi A5, Car Leasing, Car Buying, Coupe
#637 of 719 Re: 2013 Audi A5 Coupe Premium Plus Lease - Sept Rates & Lease Evaluation? [aakk]
by nwsportsreport
Sep 13, 2012 (11:29 am)
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 719 Re: 2013 Audi A5 Premium Plus lease with nav [socalaudiguy]
by Car_man HOST
Sep 13, 2012 (2:59 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
Host
Prices Paid: Buying & Leasing Experiences Forum
#639 of 719 Re: 2013 Audi A5 Premium Plus lease with nav [Car_man]
by socalaudiguy
Sep 13, 2012 (3:20 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 719 Re: 2013 Audi A5 Coupe Premium Plus Lease - Sept Rates & Lease Evaluation? [nwsportsreport]
by nwsportsreport
Sep 14, 2012 (2:05 pm)
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 719 Re: 2013 Audi A5 Coupe Premium Plus Lease - Sept Rates & Lease Evaluation? [nwsportsreport]
by kyfdx HOST
Sep 15, 2012 (6:49 am)
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 719 Re: 2013 Audi A5 Premium Plus lease with nav [socalaudiguy]
by Car_man HOST
Sep 17, 2012 (3:16 pm)
You're welcome socalaudiguy. Yes, I would say that this is a reasonable deal on an awesome car. Enjoy!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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 719 Re: Sept. MF [sublimegolf]
by Car_man HOST
Sep 23, 2012 (7:32 am)
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
Host
Prices Paid: Buying & Leasing Experiences Forum
#645 of 719 Re: Sept. MF [Car_man]
by sublimegolf
Sep 23, 2012 (11:43 am)
Thanks for the quick response and clarifying....much appreciated
#646 of 719 Leasing a 2013 Audi A5.
by starmandell
Sep 23, 2012 (11:29 pm)
Hello, is leasing a 2013 Audi A5, premium plus with nav, zero down, 36 months for $550 good in California? the MSRP is 46,500. What about $600 a month?
I calculated the average leasing price using the Edmunds equation, and I got ~$744 a month. However reading through forums and other places, I've seen it in the $500 range.