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Audi S4 Lease Questions

393 messages,  Last post on May 07, 2013 at 8:18 AM

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

Messages Page 33 of 40

#316 of 393 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 393 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 393 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.

#319 of 393 Re: 2013 S4 Prestige Lease [tcov] by Car_man HOST

Feb 06, 2013 (5:17 pm)

Replying to: tcov (Feb 05, 2013 12:06 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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Prices Paid: Buying & Leasing Experiences Forum

#320 of 393 Re: 2013 S4 Prestige Lease [Car_man] by daveg35

Feb 07, 2013 (8:20 am)

Replying to: Car_man (Feb 06, 2013 5:17 pm)
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.

#321 of 393 Re: S4 Lease [isles1] by quattrorings

Feb 08, 2013 (12:20 am)

Replying to: isles1 (Feb 05, 2013 12:19 pm)
I've already ordered my Audi with delivery most likely late March/Early April. Could I lock in the lease rate before delivery? Would this be a wise idea?

#322 of 393 Re: S4 Lease [quattrorings] by daveg35

Feb 08, 2013 (6:57 am)

Replying to: quattrorings (Feb 08, 2013 12:20 am)
When I ordered my S4 in Nov I was locked into the lease rate, however if the rate went down at the time of delivery I would get the lower rate. That is why I am looking for the current rate - I am taking delivery next week.

#323 of 393 Re: 2013 S4 Prestige Lease [Car_man] by daveg35

Feb 11, 2013 (7:21 am)

Replying to: Car_man (Feb 03, 2013 7:58 am)
Car_Man,
 
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.

#324 of 393 Re: 2013 S4 Prestige Lease [daveg35] by isles1

Feb 11, 2013 (7:28 am)

Replying to: daveg35 (Feb 11, 2013 7:21 am)
I know Car_man is busy, so I'll jump in here and I'm sure he will confirm when he gets a chance:
 
Current "buy rate" money factor for a 36-month lease of a Premium Plus S4 is .00068. The residual value is 53% for 15K miles. AudiCare adds 1% to the residual.

#325 of 393 Re: 2013 S4 Prestige Lease [isles1] by daveg35

Feb 11, 2013 (1:25 pm)

Replying to: isles1 (Feb 11, 2013 7:28 am)
My dealer just informed me that they alway mark up their money facors by .0003 and provide a higher discount to make up for the difference. Does that make sense?
 
"We mark up all our interest rates and money factors as do all financial institutions such as banks, mortgage companies and car dealerships. The residual is 54% but the money factor is .00098. We mark it up .0003 to all
Deals. We did discount this deal $2470 not $1670 as it was because of the money factor mark up."

Messages Page 33 of 40

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