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Audi S4, Car Buying, Car Leasing, Sedan
#41 of 395 S4 lease experience
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..
#43 of 395 2011 S4 lease rates
Aug 04, 2010 (2:52 pm)
Thanks for providing the July numbers. Do you know if the August numbers changed?
Aug 04, 2010 (7:07 pm)
if you haven't driven the car off the lot, you haven't taken delivery, no deal. I'm pretty sure they will eat the 15 bucks
#45 of 395 August Lease
Aug 10, 2010 (6:21 pm)
I too, would like to know the money factor and residual values for August. I am looking at an 2011 Prestige. Haven't decided on a 36 or 42 month lease yet. I am also doing the college grad lease program if it makes any difference.
#46 of 395 Re: August Lease [mattnd]
Aug 17, 2010 (6:24 am)
August lease rates for 2011 S4 Prem Plus:
For 36 mos - MF .00174; RV 56% (15K), 58% (12K), 59% (10K) add 1% to RV if you buy AudiCare ($790 + tx) which will be included in the lease price
#47 of 395 August S4 Lease
Aug 17, 2010 (9:45 pm)
I want to lease the 2011 S4 but I have some questions.
Does anyone know if the dealerships are getting titanium pkg. S4's in yet? I saw the package and loved it and really want to get it but I haven't seen any on the lots in SoCal yet.
Anyone who has leased an S4 recently, especially a MY11, I would love to hear your experience.
I built the S4 online with all the options I want and the MSRP came out to be $54,750. I want a 36 mo. lease, 5k down, 12k miles per yr. I calculated the lease using the factors in the post above and it seemed good. Anyone who knows '11 S4 leases do you think it reasonable for me to believe that I could pay low to mid 600's per month?
How much off MSRP should I expect a dealer to give me?
#48 of 395 Re: 2011 S4 lease rates [frank146]
by Car_man HOST
Aug 20, 2010 (2:48 am)
Hi Frank . I believe that the August lease program is fairly similar to the July program.
Audi Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2010 S4 Sedan Premium Plus with 15,000 miles per year are .00174 and 56%, respectively for consumers who qualify for its top credit tier.
Prices Paid: Buying & Leasing Experiences Forum
#49 of 395 Re: August Lease [mattnd]
by Car_man HOST
Aug 20, 2010 (2:52 am)
Hi mattnd. Here's the information that you're looking for.
Audi Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2011 S4 Sedan Prestige with 15,000 miles per year are .00174 and 52%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 42 month lease are .00194 and 48%.
Prices Paid: Buying & Leasing Experiences Forum
#50 of 395 Re: August S4 Lease [mm91]
Aug 29, 2010 (8:18 pm)
I leased a 2010 S4 this weekend at Rusnak Westlake (CA) -- Premium Plus, navigation and MMI, sports differential package, nappa leather upgrade, carbon fiber accents, 19" wheel package.
36 month, 10K/year. Paid $2000 drive off fee and got a monthly fee of $755 tax included. This includes Audi Care and excess wear & tear coverage ($690 & $650, respectively). Traded in my A3 which had a few months left on the lease and got the buyout fee for it so that was a wash. Overall experience was good. Seems there are quite a few 2010's left around so deals are around.
BTW, I went to Rusnak Pasadena first, walked into the Porsche showroom to use the restroom where a salesman looked me up and down and said their restroom was for clients. There went that sale.
The S4 is fantastic. Very happy with it. Much quieter than my A3.