Last post on Dec 02, 2013 at 2:51 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Audi S4, Car Buying, Car Leasing, Sedan
#436 of 557 Re: June 2013 Factors/2014 Factors Yet? [isles1]
Jun 12, 2013 (11:10 am)
Yes, I understand all of that. Been leasing cars for years and believe me, I know how to negotiate, calculate, and decipher an auto lease. The only difficulty I have is actually finding a reliable source for manufacturer's lease programs. Car-man has been awesome at that - I'm glad I found this forum.
I've ordered my 2014 S4 and I suspect it will be here at the dealer sometime in September. Audi, and BMW for that matter, will allow the lessee to lock in rates that are in effect when the car is ordered and then either elect to use those old rates and factors, or if they have improved, allow the lessee to use the rates/factors that are current at the month of delivery. I just like to stay informed on these rates/factors as I'm waiting for delivery. And, I may elect to purchase this 2014 as opposed to leasing it. Just helps to have all the information I can get my hands on prior to making the decision.
#437 of 557 Re: June 2013 Factors/2014 Factors Yet? [dfd3]
Jun 12, 2013 (11:45 am)
car_man and this forum are a great resource.
Your SA should also be willing to keep you apprised of the 2014 programs as they are released. I suspect the numbers will be a bit better in September when you take delivery.
Best of luck and enjoy the S4. The waiting is the hardest part...I waited 4 months for my 2013, but the wait is completely worth it. The car is a well-refined beast yet flies under the radar.
#438 of 557 Re: Lease Detailes [isles1]
Jun 13, 2013 (8:19 am)
Getting close to sign on 36mo lease to get my first German car!
New to lease as well, but I think I did good.
Question: Anything in particular do I need to check on? Any fees they may sneak in like when time comes to return car?
Waiting to get all my final numbers, but here is what I have:
0 down/36 months/10K: $728 a month (nothing upfront at signing. all fees are in.)
#439 of 557 Re: Lease Detailes [m4m]
Jun 13, 2013 (8:31 am)
Seems to be in the ballpark of what I'd expect for a monthly payment. Run all your numbers through a lease calculator to make sure it adds up.
There is a lease termination fee ($350 I think). Pretty sure it is waived if you buy the car at lease end or lease another Audi.
#440 of 557 Re: Lease Detailes [isles1]
Jun 13, 2013 (8:50 am)
thank you for prompt reply!
Unfortunately it does not including Audicare, but Im getting manual, so beside oil change at 15k so may not be worth of fight to get it, but since Im getting car out of state, there is a $500 transport fee, so may ask dealer to cover...
#441 of 557 Re: Lease Detailes [m4m]
Jun 13, 2013 (9:01 am)
AudiCare is less of a value for a manual trans car versus the 7-speed trans. Just remember the 1% bump in residual value drops the actual cost of AudiCare to about $350 over the lease term. For a 10K per year lease, this still not make sense because of the service intervals. There is a thread over at Audizine or Audiworld that breaks down the cost of each scheduled service.
Make sure that the car will be transported (truck, flatbed) rather than driven to you.
#442 of 557 Re: Lease Detailes [isles1]
Jun 13, 2013 (9:54 am)
oh yes, it will be tranported
do you recommend any particular lease calculator?
#444 of 557 Re: Lease Detailes [m4m]
Jun 13, 2013 (8:48 pm)
You can reduce your money factor to as low as .00006 with multiple security deposits. Will save somewhere around $40 a month. You will have around 7k tied up for three years but it works out to about 9% annualized risk free return....and not to cause an argument, but no one should buy a 50k car if they don't have 7k in the bank.....just my .02
#445 of 557 Example of a stripped S4 "all in" Lease
Jun 13, 2013 (9:10 pm)
This is NOT a lease I got, however, is very possible if you found a car without any options or ordered a 2014.
Net capitalized cost = 6% off MSRP from supplier discount (might be able to negotiate further) + $310 motor vehicle cost +$7.5 tire tax + 695 Bank Fee (assume negotiated zero doc fee)
1. Sticker Price of the car + options 48495.00 (base MSRP + 895 destination charge)
2. Times the residual value percentage 56%
3. Equals the residual value 27157.20
4. Invoice price of car minus incentives (net capitalized cost) 46597.80
5. Minus the residual (From line 3) -27157.20
6. Equals the depreciation over 36 months 19440.60
7. Depreciation (Line 6) divided by term in months 36.00
8. Equals the monthly depreciation payment 540.02
9. Net capitalized cost (From line 4) 46597.80
10. Plus the residual (From line 3) 27157.20
11. Equals 73755.00
12. Times the money factor 0.00006 (.00078 - .00072 for MSD)
13. Equals money factor payment portion 4.43
14. Monthly depreciation payment (from line 8) 540.02
15. Equals bottom-line monthly lease payment 544.44
Monthly Payment - $582.55 (off by $2 or $3 because you would have to pay interest on the 7% tax you are bundling in)
if you got another $1000 off for audi's loyalty program, the monthly payment would go down to $553