156 messages,
Last post on May 19, 2013 at 7:58 AM
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Audi S5, Audi RS5, Car Buying, Car Leasing, Coupe, Convertible
#108 of 156 Re: 2013 S5 Premium Plus Loaded [rndchef]
by Car_man HOST
Aug 22, 2012 (5:19 pm)
Hi rndchef. I personally would wait until I was closer to the scheduled end of my current lease rather than eat $2,500. Of course I have to add the disclaimer that no one knows for certain what a manufacturers' future incentives programs will be like, but I doubt that you're risking missing out on some outrageous deal by not pulling the trigger right now. The deals on the 2013 models will likely remain the same or possibly get better as the model year progresses.
Car_man
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#109 of 156 2013 Audi S5 Coupe Lease
by intubator4
Sep 27, 2012 (4:43 pm)
Hi Car Man,
Could you post the most recent Money Factor's and RV's for a 2013 S5 Coupe 36 month lease with 10K and 12K miles per year? Thanks!
#110 of 156 Re: 2013 Audi S5 Coupe Lease [intubator4]
by Car_man HOST
Sep 30, 2012 (8:35 am)
Here you go intubator4. Audi Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2013 S5 Coupe Premium Plus with 12,000 miles per year are .00140 and 58%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
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#111 of 156 November Lease Rates
by ttsmith
Nov 06, 2012 (2:22 pm)
Hi Car_Man,
Are there any changes to the lease rates for a 2013 S5 Premium Plus Coupe for November? Can you provide me with the MF and Residual on a 36 month lease
12k/year? Thanks in advance!
#112 of 156 Re: November Lease Rates [ttsmith]
by Car_man HOST
Nov 06, 2012 (6:08 pm)
Hey ttsmith. Audi Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 S5 Coupe Premium Plus with 12,000 miles per year are .00122 and 57% for consumers who qualify for its top credit tier.
Car_man
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Nov 08, 2012 (4:02 pm)
Car Man...
Looking at either the 2013 S4 or S5 (Leaning toward S4 for practicality but S5 is dream car).
Dealership is offering:
MSRP $59100 on S5 (with discount).
$4000 cash to start, 15KPY, OAC
35 payments $806.31, 41 payments $788.47 residuals 58% and 54% resp.
$5000 cash to start, 15KPY, OAC
35 payments $776.34, 41 paymets $762.42 residuals remain the same
MSRP $55200 on S4
$4000 cash to start, 15KPY, OAC
35 payments $735.39, 41 payments $717.90 residuals 57% and 53% resp.
$5000 cash to start, 15 KPY, OAC
35 payments $690.88, 41 payments $692.20 residuals remain the same.
ALL PAYMENTS INCLUDE SALES TAX.
I had asked for the money factor, they did not provide.... Looking at comparable dealerships (BMW, Mercedes, etc) their lease rates seem REALLY high. Without the money down I can drive away in a new C350 (loaded) coupe for a much lesser payment...
Regardless, my questions are:
1. Would it be enough money to consider a 12k lease program (I have two other new vehicles I can drive to help keep miles down) to get the payment down and then suck the fees up at the end?
2. Is this a fair price they're offering - or with 4k down is it feasible (on the S4) to get the payment under $700?
Thanks in advance!
#114 of 156 Re: S4 / S5 [xtreems]
by Car_man HOST
Nov 18, 2012 (8:33 am)
Hi xtreems. In my opinion, the S4 and S5 are great cars, but not great deals. The high-performance variants of VW and Audi products always seem to cost way too much to me.
I personally would never lease something with a lower mileage allowance than I thought I needed. In the grand scheme of things, particularly on a vehicle that's $700 per month, the difference in price between 12,000 and 15,000 miles per year is not worth the aggravation of having to avoid driving your vehicle to keep the mileage down or having to pay a tremendous excess mileage fee at lease-end.
$4,000 to $5,000 is way too much money to pay at lease signing. I always advise consumers to put as little money down as possible when leasing. Consumers who make large down payments on leases risk losing part or all of the money that they laid out if their vehicle is totaled in an accident or stolen and never recovered.
While you have these cars' MSRPs, it would be much easier to evaluate these deals if you had their selling prices. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without the selling prices it is much tougher to determine how large a dealer discount you are being given and in turn if there's any room let to negotiate.
Let us know what the selling prices are and we'll tell you what we think.
Car_man
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#115 of 156 Re: November Lease Rates [Car_man]
by dorkulo
Dec 02, 2012 (5:56 pm)
Thanks again for the information Car_Man.
Here's the deal I got in case anyone is interested:
MSRP: $61,920
Selling Price: $57,990 (6% Audi Supplier Discount, + Free Audi Care)
Residual: 58% (57% + 1% for AudiCare)
MoneyFactor: 0.00050 (I put down 7 Security deposits to lower the money factor)
Monthly Payment: $719 (With all fees rolled in)
I put $0 down, and the dealer took care of the first month's payment, so all I had to pay out of pocket were my security deposits, which should come back to me at the end of the term.
Hope this helps someone out there!
#116 of 156 Re: November Lease Rates [dorkulo]
by topgun7
Dec 03, 2012 (7:02 am)
Dorkulo,
What s the maximum number of security deposits Audi allow for lease and how much reduction in money factor will each deposit provide? I have done security deposit with Lexus lease before but didn't know Audi allow that as well..
#117 of 156 Re: November Lease Rates [topgun7]
by ttsmith
Dec 05, 2012 (3:16 pm)
Here's the info on MSDs,
AFS offers reduced Rent Charge Factors when more than one security deposit is collected on the same contract.
Reduce the rent charge factor .00008 for each additional security deposit. Collect up to nine additional deposits over the initial required security deposit for a maximum of 10 total security deposits.
You also can't reduce the money factor below 0.0005. I believe I was only able to max out at 7 or 8 security deposits. Definitely worth it though...ended up saving ~$100 a month,