395 messages,
Last post on May 20, 2013 at 6:33 PM
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Prices Paid - Buying & Leasing Experiences Forum.
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Audi S4, Car Buying, Car Leasing, Sedan
#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
Mar 19, 2013 (10:08 am)
Car_man,
I'm scheduled to take delivery within a couple of weeks on a 2013 Premium Plus, 12k mi., 36 mo. Can you let me know the money factors for April. I ordered the car back in late January and I'm wondering what the best MF would be.
#342 of 395 Re: 2013 Delivery [quattrorings]
by isles1
Mar 19, 2013 (10:23 am)
April numbers will not be released until probably the second week in April. For your trim package, term and miles per year, the Buy Rate MF is .00068 and the residual is 55% for January through April 6, 2013. I would not expect interest rates to get much better than the current program.
#343 of 395 Re: 2013 Delivery [isles1]
by quattrorings
Mar 20, 2013 (11:29 am)
Thanks isles1
Do you think you could let me know the numbers if it was 10k miles/year?
#344 of 395 Re: 2013 Delivery [quattrorings]
by isles1
Mar 20, 2013 (4:34 pm)
Residual changes to 56%
10K miles per year.