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
#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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#90 of 156 Re: S5 premium plus lease [fansvodka]
by Car_man HOST
Jun 13, 2012 (5:37 pm)
Hi fansvodka. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#91 of 156 Additional June Numbers for 2013 S5
by pcullen1
Jun 14, 2012 (6:14 pm)
Hey Car Man,
you already gave most of the numbers for this month but could you provide the residual and money factor for a 42 month lease at 12k and 15k and for 36 month 15k miles. 2013 premium plus.
Thanks.