Last post on Dec 09, 2013 at 7:45 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Audi S4, Car Buying, Car Leasing, Sedan
#318 of 560 Re: S4 Lease [quattrorings]
Feb 05, 2013 (11:19 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 560 Re: 2013 S4 Prestige Lease [tcov]
Feb 06, 2013 (4:17 pm)
Yes, tcov, that is the money factor for both the Premium & Prestige but the residual values for the Prestige are 2% lower.
Prices Paid: Buying & Leasing Experiences Forum
#320 of 560 Re: 2013 S4 Prestige Lease [Car_man]
Feb 07, 2013 (7:20 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.
#321 of 560 Re: S4 Lease [isles1]
Feb 07, 2013 (11:20 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 560 Re: S4 Lease [quattrorings]
Feb 08, 2013 (5:57 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 560 Re: 2013 S4 Prestige Lease [Car_man]
Feb 11, 2013 (6:21 am)
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 560 Re: 2013 S4 Prestige Lease [daveg35]
Feb 11, 2013 (6:28 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 560 Re: 2013 S4 Prestige Lease [isles1]
Feb 11, 2013 (12:25 pm)
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."
Feb 12, 2013 (1:18 am)
Hello all! I have been long lurking and finally decided on an S4 over a BMW 535i today. Spent some time at the dealer and wanted to share this deal with everyone. What do you guy think?
2013 S4 Black/Black, Key, B&O, Nappa Leather, 19" wheels, carbon fiber inserts and Supercharged badges.
Selling price: $54,500
MF: .00038 (6 MSD's buying down from .00068 buy rate)
299 tint/880 Audi Care/695 aquisition/489 Doc fee - all rolled in
~800 registration and first month due at signing
Payment: $662 plus tax (8.8%) for a total of $720/month.
Thoughts? Thanks guys!
#327 of 560 Re: 2013 S4 Prestige Lease [daveg35]
Feb 12, 2013 (5:55 am)
Find a dealer that does not mark up the "buy rate" money factor.
What "deal" are they discounting? What is the negotiated sales price? What is the MSRP? What is the invoice?