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
#80 of 156 AUdi S5 - PP + Options
by ildarad0
Jun 02, 2012 (4:42 pm)
Hello All and i really would appreciate if you guys and car man can help me out here.
I looked at Audi S5 Premium Plus with napa leather interior and every option they have in prestige package except adaptive head lights. its a very well packed car and drives amazing. however i have couple concerns.
Car is 2012 November. it has 264 miles, which tells me a lot of people draw this car for a test drive, may be......
Sales person tells me that he is giving me a very good discount on the car and sells it for 60K. sticker price on this card is 62K. is this a good price for a car?
I'm actually planing to lease it for 36 month, 10K and cost he is giving me $805 per month including tax. Is this a good price?
Last question. they offered to lower monthly payment down to $714 if I make one payment of 28K for 36 month. Is there any issues with paying upfront (lets say i can afford it)
thank you!
#81 of 156 Re: 2013 AUdi RS5 lease rates?? [cocon]
by Car_man HOST
Jun 04, 2012 (4:09 pm)
You're very welcome cocon. This is a national lease program that should not vary by region. I'm not surprised that the dealer is attempting to mark your factor up on this low volume vehicle, but you should definitely try to get them to use the buy rate if possible.
Car_man
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#82 of 156 Re: June rates for 2013 [pcullen1]
by Car_man HOST
Jun 04, 2012 (4:12 pm)
Wow there's lots of traffic in this discussion all of a sudden. That's a good thing
.
Pcullen1, Audi Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 S5 Premium Plus with 12,000 miles per year are .00161 and 59%, respectively for consumers who qualify for its top credit tiers.
If the 2013 models aren't at dealers yet, they should be soon.
Car_man
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#83 of 156 Re: AUdi S5 - PP + Options [ildarad0]
by Car_man HOST
Jun 04, 2012 (4:22 pm)
Hello ildarad0. To me, a $2,000 discount doesn't seem like a very much to get off of a demo unit. I personally would want that much off of a brand new model, but I suppose that the S5 is a very low volume vehicle that dealers aren't anxious to discount.
If you do decide to lease, try to negotiate as low a selling price as possible and then have the dealer calculate the car's payment using its buy rate lease money factor of .00081 for a '12 S5 Coupe Premium Plus.
Car_man
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#84 of 156 Re: AUdi S5 - PP + Options [Car_man]
by ildarad0
Jun 05, 2012 (5:27 pm)
Car Man thank you.
Here are the numbers i got please tell me if this is a good deal?
36 month money factor is .00081
10 K miles
residual is 58%
one lump sum payment money factor is .00015
10K miles
residual is 58%
Also please tell me if paying up front is a good idea or not and why?
thank you again!
#85 of 156 Re: AUdi S5 - PP + Options [ildarad0]
by backroad
Jun 10, 2012 (11:34 am)
If you pay up front, then a car crash toalling the car would be money lost I believe, whereas paying a little at a time abviates that risk.
#86 of 156 Terrible deal?
by 13s5
Jun 11, 2012 (6:53 am)
I'm brand new to leasing...and after reading these posts I can't help but think the "deal" offered to me by my dealer is horrendous. Please let me know what you think.
He did NOT give me the actual MF or residuals...
2013 S5 prestige, piano black inlay, dynamic mode, metallic paint, nappa leather.
MSRP $62,190
Trade in: $4,000
42/months 12k/year
Purchase option: $32,611
Payments:
$1,000 down - $879.68
$2,000 down - $854.25
$3,000 down - $828.25
I really can't help but think I'm over paying at least $100/month...I'm I right or am I insane? I've heard of others playing the other dealer game of calling others and traveling...not sure how to do this...do I contact my hometown dealer and tell him I'm going to do it and see if he'll come down or call other dealers first?
Ideally I'd like to be at $760-$780/month for 36 months. Thanks in advance!!
#87 of 156 S5 premium plus lease
by fansvodka
Jun 12, 2012 (5:57 pm)
Im new to leasing and really want the S5. Does this seem like a fair deal?
13k trade in all to down payment
675$ a month
36 months
15k miles
60,050 msrp
Includes maintenance, taxes, title
I'll take any advice just want to make sure I'm not getting screwed
#89 of 156 Re: AUdi S5 - PP + Options [ildarad0]
by Car_man HOST
Jun 13, 2012 (5:32 pm)
Hi ildarad0. The numbers that you posted are correct. The exact amount of money that you save by pre-paying this lease will depend upon what its MSRP and selling price are. While it's a lot of money to lay out at one time, pre-paying a lease can be a good deal if you compare the savings on your payment with what you would earn on that money with the terrible interest rates that are out there right now. On a three-year CD you're probably going to only earn 1% to 1.5%. Chances are that you will make out better than that with the pre-paid lease.
Car_man
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