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Audi A5 Lease Questions

101 messages,  Last post on Jun 30, 2009 at 3:35 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#79 of 101
Re: New 2009 A5 lease rates? [eights38] by jwiz1
Jan 10, 2009 (11:48 am)
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Replying to: eights38 (Jan 07, 2009 12:17 pm)

From the small print in an add from a suburban Chicago Audi dealer this morning......
 
An extra charge may be imposed at the end of the lease where the lessee's liability, if any, is based on the difference between the residual value of the leased property and the realized value at the end of the lease term.
 
So besides having outrageous leasing rates, they are trying to sneak in an open ended lease to boot where the lessee is responsible for any shortfall in the residual? Is this just from one dealer, or is this a new national Audi program?
#80 of 101
Re: New 2009 A5 lease rates? [jwiz1] by kyfdx HOST
Jan 11, 2009 (10:56 am)
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Replying to: jwiz1 (Jan 10, 2009 11:48 am)

That can't be an Audi program..
 
An open-ended lease? Now, that is scary!
#81 of 101
Re: New 2009 A5 lease rates? [jwiz1] by Car_man HOST
Jan 14, 2009 (4:34 am)
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Replying to: jwiz1 (Jan 10, 2009 11:48 am)

That is strange, jwiz1. Audi Financial Services leases are closed ended. I think that the only manufacturers that offer open ended leases right now are ultra luxury brands like Ferrari and Maserati. Perhaps this lease is being run through an independent bank.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#82 of 101
Re: New 2009 A5 lease rates? [Car_man] by jwiz1
Jan 18, 2009 (8:51 am)
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Replying to: Car_man (Jan 14, 2009 4:34 am)

The same ad is running this weekend again. It is at McGrath Audi in Glenview, IL. The ad also is on their web site under "New Vehicle Specals". It says that the purchase incentive interest rates are through Audi Financial Services, but does not specifically mention where the leases are financed (though it is all in the same footnote).
 
Regarding the money factors.......I was quoted a money factor for a 39 month lease that is the equililent of an APR of a little over 8.1% (top tier credit) while they are offering 3.9% APR on purchases of the A5. I can get 4.75% for 60 months from my credit union. Strange that the difference is so big.
 
High money factor, mediocre residual (51%), and an open ended lease (at least at this dealer).....not very attractive lease terms when compared to the competition.
#83 of 101
A5 - 48 mos lease - 15K - $700 a month by sarkatick
Mar 16, 2009 (12:32 am)
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I got quoted for $700 a month with 2K down 48 mos lease on a fully-loaded A5 at Commonwealth Audi in Santa Ana, CA - this is the best deal I can find. I didn't take the deal because $700 is still too steep for a car payment. But for any of you out there wanting this deal, just make sure you drive a hard bargain and show up like 30 mins before they close at any dealership. They didn't tell me what is the residual value but I was only interested in the monthly payment and were adamant about 36 mos 15K only .
#84 of 101
Is this a good deal on a lease? by marko12
Mar 25, 2009 (3:00 pm)
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Audi 2009 Q5 SUV. Sale price $40K with prem plus pkg, 10k mileage, 36 month lease with 0.0078 money factor. 48% residual. Houston dealer
#85 of 101
california A5 lease deals by cdunn2
Apr 01, 2009 (11:47 pm)
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Anyone have recent experience (other than Commonwealth example above) with leasing an A5 in California?
#86 of 101
A5 Inquiry by go2ucla
Apr 05, 2009 (4:44 pm)
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Hi there, I recently stopped by at a local SoCal Audi dealer and TD the A5. I did not get into many specifics (e.g. residual, money factors, etc.) but was quoted a bulk estimate of $1,200/month for a 24 month lease with zero down on a $50-52K Audi A5. The dealer was willing to get in touch with me later on as my 5 Series lease only expires in August. The A5 is a very nice car, but not as fast as I expected it.
#87 of 101
Re: A5 Inquiry [go2ucla] by gaijen
Apr 14, 2009 (4:23 pm)
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Replying to: go2ucla (Apr 05, 2009 4:44 pm)

Can anyone shed any light on this 36 month balloon program Audi is trying to push right now? How does this compare to a regular 36 month lease?
#88 of 101
? by pharm30
Apr 20, 2009 (10:18 pm)
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I built an A5 on the Audi website with the options I wanted (no nav) for $43k. Can't find one around here for less than $47k.
 
Those lease payments are ridiculous. I guess I'll go get a loaded G37 with 330hp for $10k less.

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