395 messages,
Last post on May 20, 2013 at 6:33 PM
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Audi S4, Car Buying, Car Leasing, Sedan
#311 of 395 Re: 2013 S4 Prestige Lease [jauri7788]
by isles1
Jan 30, 2013 (8:38 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 395 Re: 2013 S4 Prestige Lease [isles1]
by jauri7788
Jan 30, 2013 (9:12 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 395 Re: April leasing [quattrorings]
by Car_man HOST
Feb 03, 2013 (7:56 am)
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
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#314 of 395 Re: 2013 S4 Prestige Lease [jauri7788]
by Car_man HOST
Feb 03, 2013 (7:58 am)
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
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#315 of 395 Re: 2013 S4 Prestige Lease [jauri7788]
by Car_man HOST
Feb 03, 2013 (7:59 am)
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
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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 395 Re: 2013 S4 Prestige Lease [Car_man]
by tcov
Feb 05, 2013 (12:06 pm)
Just wanted to verify if MF .00068 applies to both premium and prestige?
#318 of 395 Re: S4 Lease [quattrorings]
by isles1
Feb 05, 2013 (12:19 pm)
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.
#319 of 395 Re: 2013 S4 Prestige Lease [tcov]
by Car_man HOST
Feb 06, 2013 (5:17 pm)
Yes, tcov, that is the money factor for both the Premium & Prestige but the residual values for the Prestige are 2% lower.
Car_man
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#320 of 395 Re: 2013 S4 Prestige Lease [Car_man]
by daveg35
Feb 07, 2013 (8:20 am)
Sorry if this has already been posted but I'm picking up my custom ordered S4 this week and want to make sure I have the most current lease details. on a Premium Plus, 36 mo lease, 15k/yr. with Audi Care. What should the money factor and residual values be? When I order the vehicle in Nov the RES was 54% - not sure about the MF. Want to make sure I am not getting ripped off before I go in and sign the lease so if you could give me the latest #s ASAP I sure would appreciate it.