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Audi S4 Lease Questions

395 messages,  Last post on May 20, 2013 at 6:33 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 35 of 40

#337 of 395 Re: Questions for new lease [isles1] by tcov

Feb 19, 2013 (1:12 pm)

Replying to: isles1 (Feb 19, 2013 11:17 am)
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)

Replying to: tcov (Feb 19, 2013 1:12 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)

Replying to: daveg35 (Feb 07, 2013 8:20 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)

Replying to: daveg35 (Feb 08, 2013 6:57 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

#341 of 395 2013 Delivery by quattrorings

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)

Replying to: quattrorings (Mar 19, 2013 10:08 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)

Replying to: isles1 (Mar 19, 2013 10:23 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)

Replying to: quattrorings (Mar 20, 2013 11:29 am)
Residual changes to 56% 10K miles per year.

#345 of 395 2013 S4 Premium Plus S tronic by rx350lessee

Mar 21, 2013 (12:30 pm)

Folks,
 
I need your help...
 
I'm considering leasing an S4: Monsoon Gray metallic, 19" whees, Carbon Atlas inlays, B & O Sound, and Audi advanced key - $53,200.00. Dealer is happy to let it go for $ 50,700.00 and I'm confortable with that price.
 
Now, here's what I think doesn't add up: 36 Mo/10K with 0 down: $766.05/month... Sure, I'm still waiting to hear on what the actual residual (I'd guess something around 55-56%?)/MF are, but that does seem a bit too high, right?
 
Also, I live in FL and their fees are: battery fee $1.50, doc fee $578.40 (I know there's padding here as I can't believe xferring tags costs that much), electronic filing $15.00 (related to the previous item), license $450.00 (again, if I'm xferring tags, why do I have to pay for this?), Lemon Law $2.00, tire fee $5.00.
 
I currently have a 2012 GTI that is also leased. I have leased other Audi/VW cars over the years. I'm pretty sure that given my history with Audi FS/VW Credit I can ask them to waive security deposit, right?
 
I would really appreciate your input. Thanks!

#346 of 395 Re: 2013 S4 Premium Plus S tronic [rx350lessee] by rx350lessee

Mar 21, 2013 (10:16 pm)

Replying to: rx350lessee (Mar 21, 2013 12:30 pm)
Just heard back from the dealer... According to them, MF/Residual are: "36 month MR 0.00108 Res. 56% of MSRP".
 
So, residual seems to match what isles1 had already stated in the above thread, but what about that MF? Seems high compared to what I've seen posted here... I mean, 0.00108 (2.59% APR) x 0.00068 (1.63% APR)...
 
And numbers don't add up anyways...
 
36 MO/10K lease:
 
53,200 * .56 = 29,792
50,700 (negotiated price) - 29.792 = 20,908
20,908 : 36 = 580.77
(50,700 + 29.792) * .00108 = 86.93
580.77 + 86.93 = 666.93 + TAX (7%) = $713.61
 
$713.61 is $52.44 less than the $766.05/month he quoted me earlier today... That's a $1,887.84 difference over 36 MOs!
 
So, is the current MF really 0.00108?!?
 
Many thanks in advance for any thoughts you can share with me.

Messages Page 35 of 40

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