395 messages,
Last post on May 20, 2013 at 6:33 PM
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Audi S4, Car Buying, Car Leasing, Sedan
#331 of 395 Re: S4 deal [isles1]
by daveg35
Feb 13, 2013 (11:00 am)
After discovering that my delaer was trying to "mark up" the MF I told them I was going to shop around before signing the paperwork - even though I had given them a $500 deposit on a custom ordered S4 that just arrived. As soon as they heard that they were willing to forgo the mark up, saving me $900 over the life of the lease. The lesson here is to be sure you know what the Audi MF is and what the dealer is charging you. Marking up the MF is an easy way for them to hide what they are really chargng you.
My final deal:
MSRP: $53,020
Final Price after discount ($1,670) and rebate/incentives ($2,500): $48,850
ACQ Fee: $695
Title/Reg Fee: $175
Doc Fee: $399
Free Audi Care
Free All Season Weather Floor Mats
MF: .00068
RES: 54%
#332 of 395 Re: S4 deal [daveg35]
by isles1
Feb 13, 2013 (11:04 am)
They still got you on the doc fee, but great job standing your ground and getting some extras thrown in! Enjoy the car!
#333 of 395 Questions for new lease
by tcov
Feb 18, 2013 (10:35 pm)
I am thinking of getting an s4 and have gotten some lease numbers from the dealer. I have a few questions.
How accurate is edmunds tv as a price to negotiate for? Right now it appears that tv is ~1000 higher than invoice.
Also, dealers is saying that he is adding .00015 to MF of .00068 since I am a new Audi customer.
#334 of 395 Re: Questions for new lease [tcov]
by azax456
Feb 19, 2013 (4:34 am)
I am a new Audi customer, just signed a deal on a 2013 S4 yesterday. Paid invoice and MF was at .00068. DO NOT let them mark up the MF, tell them that is a deal breaker. The only reason it should be raised is if you have horrible credit. If there is more than 1 dealership in your area you should not be paying a more than $500 over invoice.
#335 of 395 Re: Questions for new lease [tcov]
by kyfdx HOST
Feb 19, 2013 (5:35 am)
.00015 might be to waive the security deposit... Return customers don't have to make a security deposit..
If that's the case, I'd make a security deposit and save the $10/mo...
#336 of 395 Re: Questions for new lease [kyfdx]
by isles1
Feb 19, 2013 (11:17 am)
Or you can ask that, together with your credit application, the dealer request that the security deposit requirement be waived. Then there should be no MF markup or a security deposit requirement. At least that was my experience as a first time Audi customer.
#337 of 395 Re: Questions for new lease [isles1]
by tcov
Feb 19, 2013 (1:12 pm)
I thought I was good at leases, but I cant make his numbers work..They are way too high anyways..
thought I would post for some help
MSRP:57820
sale:54325
1000 rebate (BMW owner currently)
55% residual
.00083 residual (0.00068+.00015)
then there is
695 acq
80 docs
463 license
487.25 cap fees (??)
15.08 cap tax (??)
gross cap costs:55587.25
cap cost reductions: 1000 (rebate) - 827.63 (amount $$ up front ie first payment) = 172.28 total cap reduction
Net cap costs: 55429.96
monthly payment: 761.04 + 66.59..
anyone seeing how this is coming up?
sounds way too high to me
#338 of 395 Re: Questions for new lease [tcov]
by isles1
Feb 19, 2013 (2:06 pm)
Monthly payment before sales tax is too high, by about ~$50-$55, based on those numbers. Almost a $2,000 discrepancy over the term of the lease.
License fees will be due at signing and are not a capitalized cost.
First month's payment is not a cap cost reduction.
"Cap fees" sounds like hidden dealer fees, like prep fees, to me...have the dealer break those out for you. Similarly, confirm "doc fee" is the state title document fee; otherwise, have the fee removed.
#339 of 395 Re: 2013 S4 Prestige Lease [daveg35]
by Car_man HOST
Feb 24, 2013 (7:53 am)
Hi daveg35. Audi Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2013 S4 Premium Plus with 15,000 miles per year are .00068 and 53% for consumers who qualify for its top credit tier.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#340 of 395 Re: S4 Lease [daveg35]
by Car_man HOST
Feb 24, 2013 (7:55 am)
Excellent response daveg35. You are exactly right, consumers who order vehicles are usually able to lock in the program that is available at the time the order was placed and switch to the program that is available at the time of delivery if it's better.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum