395 messages,
Last post on May 20, 2013 at 6:33 PM
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Audi S4, Car Buying, Car Leasing, Sedan
#34 of 395 Audi Care Residual Question
by alexberger
Jul 07, 2010 (10:43 am)
Help! I recently leased a 2010 S4 in March. After having terrible experiences with the dealership (car came not as promised, car was supposed to be fixed, dealership screwed up fixing it 6 times), the owner of the dealership gave me AudiCare to compensate. This is supposed to INCREASE my RESIDUAL from 51% to 52% (and therefore decreased lease payments), but after 4 weeks of phone calls with Audi Corporate, they're refusing to do this. Apparently they say they've called the dealership who won't rework my original contract to reflect that I have audi care, and without a reworked contract, I can't get the increased residual (and therefore decreased lease payments).
What do I do? Doesn't Audi Corporate and/or Audi Financial HAVE to honor this with lowered payments? Everyone says Audi Care is in the system as applied to my car, but no one will say my payments can be decreased!
#35 of 395 Re: Audi Care Residual Question [alexberger]
by kyfdx HOST
Jul 07, 2010 (8:03 pm)
The dealership gave you the free service, but I doubt that will affect your lease contract..
Yes, if you purchase Audicare at lease inception, they write the lease with a one point higher residual... But, what the dealership does to compensate you for some other issue isn't binding on Audi Finance...
They are giving you free service.... that's great.. Doubt you'll get more from the bank, though.
#36 of 395 Re: S4 Premium Plus [scooter260]
by kocsi1
Jul 08, 2010 (9:09 pm)
HEy Scooter, I'm in the MN area and wanted to touch base with you directly so we could compare notes! Your email isn't listed, not sure of a good way to contact each other though? Friend request?
#37 of 395 2011 S4 Prestige
by aklug
Jul 22, 2010 (6:33 pm)
Car_Man:
I've got a 2011 S4 ordered and am wondering if you have leasing info on it yet?
Its a prestige 36 month with 12,000 miles and will do audi care if it makes sense so let me know residual both ways if you could please. Thanks!
#38 of 395 2011 S4 lease numbers
by frank146
Jul 26, 2010 (4:56 am)
car_man,
If you have a second would you mind posting the 2011 S4 lease rates.
many thanks
#39 of 395 Re: 2011 S4 Prestige [aklug]
by Car_man HOST
Jul 29, 2010 (3:19 am)
Nice car, aklug. I have seen the program for the 2011 model.
Audi Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2010 S4 Sedan Premium Plus with 12,000 miles per year are .00174 and 58%, respectively for consumers who qualify for its top credit tiers.
I believe that Audi Care adds 1% to vehicles' residual values.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#40 of 395 Re: 2011 S4 lease numbers [frank146]
by Car_man HOST
Jul 29, 2010 (3:20 am)
Hey Frank. Please see my previous post for the information that you're looking for. Thanks.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#41 of 395 S4 lease experience
by kstricker22
Jul 31, 2010 (12:25 am)
Hey all, thought I would share my experience from leasing an S4 tonight and maybe get some advice.
I have been looking at a 2011 Black MT6 Premium Plus S4 the last couple nights. The car has Nav, Limited Slip and that's about it. The MSRP was $53k I believe. It does not have the advanced keyless or upgraded stereo.
I got in around 6:30p, and talked to the sales manager about the car. I am returning a 335i lease return on 8/2 and am ready/need to buy a car. No trade, perfect credit, super easy deal. The sales manager gives me a quote of $640 per month w/5K down
42 mos. He said I was getting 6% off of MSRP due to my employer discount, but must show paystub to prove I work for Microsoft. I said fine and and took the car for a test drive.
I come back and decide to buy the car, the sales manager I chatted with has gone home and new sales manager is taking over. I am assured that he is aware of the deal that was discussed with previous sales manager.
I go back to finance..
1) They never asked to see a paystub, after stating several times prior- I needed to show it as proof
2) Finance starts going over the paperwork and the payment is around $830ish and the cap cost is back at full MSRP. "oops" their mistake, sales manager comes in and tells finance to change msrp to $50k
3) Payment now comes out to $720.69; I say that I was actually told $640+ tax for a total of $702
4) She tells me, "he must not have calculated the "document service fee" of $150 or the $625 acquisition fee. "its normal that the price can change from what you were told by "sales".
5) What the?
6) Everyones obviously in a rush to get out of the office because its now 9:00pm, an hour after closing and everyone wants to go home
7) I said fine, it's not a big deal, $15 a month and sign paperwork.
8) Sales manager says if I am around this weekend he can "make it right"
9) I am handed temp plate and walk out the door
10) I stood in front of the new S4, which I really like and was kind of mad. Felt like I didnt get the deal I was told. maybe its just principle instead of the lousy $15 but, I wasn't happy.
11) Got in my BMW and left the new car in the parking lot.
12) Tomorrow not sure what I am going to tell the dealer, when we obviously talk and they wonder why the new S4 is still sitting at the front of the dealership
Does it seem like this is petty and I should be happy with the deal? I was told the residual is 55%, didnt take audi care or any other finance options. I do not know what the MF is. I did ask for and see the invoice it was $49,809 I believe.
Also realized driving home they forget to ask for me to write the check for the down.
Any comments are helpful and thanks for reading.
#42 of 395 Re: S4 lease experience [kstricker22]
by kyfdx HOST
Jul 31, 2010 (7:02 am)
I wouldn't be happy with that, either...
Although, I'm not sure I would have waited till the dealership closed to decide not to take the car..
If you talk to your original guy, tell him what happened, and assuming you still want to do the deal, stipulate that it has to be exactly as agreed to...or no deal.
Or, just call them up and tell them you didn't like the changes to the price, the way you were treated, and you won't take the car.. Since you haven't given them any money, and didn't take the car off the lot, there isn't really anything they can do..
Good luck, and let us know... should be interesting..
regards,
kyfdx
#43 of 395 2011 S4 lease rates
by frank146
Aug 04, 2010 (2:52 pm)
Car Man,
Thanks for providing the July numbers. Do you know if the August numbers changed?
Best,
Frank