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Audi S4 Lease Questions

448 messages,  Last post on Jun 17, 2013 at 6:04 PM

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What is this discussion about? Audi S4, Car Buying, Car Leasing, Sedan

Messages Page 32 of 45

#309 of 448 Re: 2013 S4 Prestige Lease [isles1] by jauri7788

Jan 30, 2013 (8:18 pm)

Replying to: isles1 (Jan 30, 2013 8:13 pm)
Thanks so much. When you calculate the lease residual value, do you use percentage of the MSRP or the selling price of the car? I thought it was the selling price of the car, but the dealer said it is calculated on the MSRP of the price. Again, I appreciate your help.

#310 of 448 Re: 2013 S4 Prestige Lease [isles1] by jauri7788

Jan 30, 2013 (8:20 pm)

Replying to: isles1 (Jan 30, 2013 8:13 pm)
Also, I qualify for the Audi loyalty. Where should that be applied?

#311 of 448 Re: 2013 S4 Prestige Lease [jauri7788] by isles1

Jan 30, 2013 (8:38 pm)

Replying to: jauri7788 (Jan 30, 2013 8:20 pm)
Residual is based off of MSRP...that is to the lessee's (your) advantage.
 
Negotiate the sales price with your dealer WITHOUT factoring in the Audi Loyalty incentive. The incentive will be treated as a $1K cap cost reduction, which you will pay sales tax on. So you are aiming for $500 over invoice (or less if you can haggle well) BEFORE the loyalty incentive. This incentive is not a cost to the dealer; it is an Audi of America "subsidy", so do not let the dealer skew the numbers on you.
 
The lease calculator I linked you to above handles all the correct calculations for you, including sales tax in the payment.

#312 of 448 Re: 2013 S4 Prestige Lease [isles1] by jauri7788

Jan 30, 2013 (9:12 pm)

Replying to: isles1 (Jan 30, 2013 8:38 pm)
Thanks so much. Looks like the dealer was trying to rip me off... So sad I just found this site today. I've been getting ripped off for years...

#313 of 448 Re: April leasing [quattrorings] by Car_man HOST

Feb 03, 2013 (7:56 am)

Replying to: quattrorings (Jan 20, 2013 8:05 pm)
Hi quattrorings. Wow, there's been a lot of posts about leasing the S4 lately.
 
Audi's current lease program is scheduled to run through April 2nd. It's difficult to say what will happen to its program after that. I don't know what the cutoff for Audi Financial Services' top credit tier is off of the top of my head, but I suspect that it's in the 700's...say 720 or so.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#314 of 448 Re: 2013 S4 Prestige Lease [jauri7788] by Car_man HOST

Feb 03, 2013 (7:58 am)

Replying to: jauri7788 (Jan 30, 2013 8:18 pm)
Hi jauri7788. Vehicles' dollar residual values are calculated by multiplying the residual value percentage times the full MSRP, including the destination charge and the MSRPs of any options that can be residualized.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#315 of 448 Re: 2013 S4 Prestige Lease [jauri7788] by Car_man HOST

Feb 03, 2013 (7:59 am)

Replying to: jauri7788 (Jan 30, 2013 9:12 pm)
Hi jauri7788. It's not healthy to look back, just be happy that you'll be getting great deals on your leases from now on .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#316 of 448 S4 Lease by quattrorings

Feb 04, 2013 (12:33 am)

Considering how low the rates on the S4 are, I should probably lock it in before April 2

#317 of 448 Re: 2013 S4 Prestige Lease [Car_man] by tcov

Feb 05, 2013 (12:06 pm)

Replying to: Car_man (Feb 03, 2013 7:59 am)
Just wanted to verify if MF .00068 applies to both premium and prestige?

#318 of 448 Re: S4 Lease [quattrorings] by isles1

Feb 05, 2013 (12:19 pm)

Replying to: quattrorings (Feb 04, 2013 12:33 am)
Just going off the past few years, I would not expect the MF to get any better after in April when the current program expires. The residuals will probably move up a few points with the new model year, along with higher MFs.
 
If you wait until April, you may find that dealers have no more allocations for MY2013 order, and will be in the position to order a MY2014 or take a MY2013 from stock. The MF also tends to jump when the new model year comes out, and your bargaining power drops with an increase in demand for the new model year, together with an increase in buyers as most locales move higher temps and nicer weather (car buying season).
 
So I'd lock in the current program by placing an order on of before April 2. If for some chance the programs are better when you take delivery, you may avail yourself of those programs instead.
 
I locked in Nov. programs for P+ 36 months (MF .00105, 56%) but will get the benefit of the current program (MF .00068, 55%). The current program saves me about $20 a month, or about $700 over the lease term. Not bad.

Messages Page 32 of 45

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