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Audi S4 Lease Questions

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Comments

  • throbthrob Posts: 4
    Car_Man,
    Thanks for all your help on these forums!!!

    I am looking at a 2013 S4:
    Cap cost : 55,284
    Residual : 31,398.30
    MF : .001610
    $2500 drive off incl 695 acq fee, licese, cap reduction ($467.19)
    Dealer is willing to do $769 inc tax here in CA
    This price includes Audicare. Term is 42 mos.

    How is this deal?

    Thanks!
  • eastsidewineastsidewin Posts: 1
    edited June 2012
    Hello. I'm looking to do a lease on a 2013 Audi S4 from NJ. Below are the terms offered by the dealer. He said I can do 9 security deposits to lower down the interests. I'm sure going to do that. Please advise to see if this is a good deal. Thanks so much! =)

    msrp 53795
    price after bargain 50593
    42 months
    residual 56%
    money factor 0.00191
    15000 miles
    tax 8.875
    doc fee 299
    bank fee 695

    monthly payment 619.38
    down payment 5000

    Year 2013
    Audi S4

    base price 45570
    destination charge 895
    sport differentialy 1163
    fine leather 1163
    b&0 791
    advanced key 511
  • u235u235 Posts: 1
    What lease rates are there for a 2012 (not 13) Prestige. I'm looking for 36 months and 10k miles (could do 39 or 42 months as well).

    The car in question is being driven by the dealer manager and currently has 1600 miles on it. I'm wondering how to factor that into the purchase price. It's a loaded prestige 6MT with ADS, Nappa, sunshades, titanium package, so I think original sticker was around $64k.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings Nick. Audi Financial Services' June buy rate lease money factor and residual value for a 42-month lease of a 2012 S4 Sedan Premium Plus with 10,000 miles per year are .00064 and 53%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome Throb. The money factor that you mentioned is spot on for a 42-month lease of this car. It's difficult for me to evaluate the cap cost though without knowing what this car's MSRP is. Do you have that figure?

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello u235. Audi Financial Services' June buy rate lease money factor and residual value for a 36-month lease of a 2012 S4 Prestige with 10,000 miles per year are .00044 and 54%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 39-month lease are .00064 and 52%.

    In order for me to personally justify purchasing what is essentially a low mileage used vehicle aka demo over a brand new one I personally would have to receive a significant additional discount. Unfortunately, I have found that dealers never seem to be willing to discount demos enough for my taste.

    Car_man
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  • tperry1972usatperry1972usa Posts: 3
    edited June 2012
    Hi Car Man,

    Can you tell me if this is a good deal?

    Northern California Dealer:

    2013 S4 Prestige (Auto)
    -Phantom Black Pearl Effect
    -Carbon Atlas Inlay
    -Fine Nappa Leather
    -Audi Quattro w/Sports Differential
    -19" 5-Segment Spoke Wheels

    MSRP: $60,420.00
    Sale price: $58,000.00
    -Lease: 36 months
    -10,000 miles per-year
    -Money Factor: .00141
    -Residual: $33,060.00 - (57%)

    Down Payment: $5,500.00
    -DMV Fees: $515.75
    -Doc Fee: $55.00
    -Monthly payment with tax: $745.17

    Thanks,

    Tperry1972usa
  • tperry1972usatperry1972usa Posts: 3
    edited June 2012
    Hi Car man,

    Here is a revision to my last post, with corrected and additional info:

    (Wanted to know if this is a good deal)

    Northern California Dealer:

    2013 S4 Prestige (Auto)
    -Phantom Black Pearl Effect
    -Carbon Atlas Inlay
    -Fine Nappa Leather
    -Audi Quattro w/Sports Differential
    -19" 5-Segment Spoke Wheels

    MSRP: $60,420.00
    Sale price: $57,949.00
    Acquisition fee: $695

    -Lease: 36 months
    -10,000 miles per-year
    -Money Factor: .00141
    -Residual: $34,439.40 - (57%)

    -Reg Fees: $376.00
    -Title Fee: $98.00
    -Doc prep fee: $45.00
    -Cal tire: $8.75
    -DMV filing fee: $29.00
    -Tax: Doc Chargre: $3.26
    -Tax: Cap Red: $249.15

    Drive-off cost: $1,563.44
    Cap cost reduction: $3,436.56

    Monthly payment with tax: $754.28

    Thanks,

    Tperry1972usa
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited July 2012
    Hello Tperry1972usa. Let me begin by saying that the money factor that you were quoted for this car is right in line with AFS' buy rate for it. That's always a good thing.

    I don't know what this car's exact dealer invoice price is, but I suspect that the selling price that you were quoted is around $1,600 or so over invoice. That's not terrible, but there is some room to work with there. I suspect that this car is in fairly low supply so you may not have a lot of options, but you could always shop around if you want to. Again, this deal isn't bad...I just wouldn't be surprised if someone was able to beat it.

    I see that you are considering making a $3,500 capitalized cost reduction on your lease. This doesn't really reflect upon the quality of the deal that you are getting, but I always advise consumers to put as little money down as possible when leasing. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it would be much safer to go with a zero down lease.

    Car_man
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  • Hi Car_man,

    I custom ordered a 2013 S4 premium+ model at a NOVA dealership. The car is scheduled to arrive at dealer by the end of month. We negotiated for $500 over invoice. I am interested in leasing the vehicle. Can you please provide the Residual and MF for a 36month lease with 12k miles for month of July. Many Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kasher_khan. Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2013 S4 Premium Sedan with 12,000 miles per year are .00141 and 58%, respectively for consumers who qualify for its top credit tier.

    $500 over invoice is a great selling price for this car.

    Car_man
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  • Thanks for the information Car_man. Truly appreciated. I had one more follow up question. Since my car is scheduled to arrive on the 30th of July (and there is always the chance for delay into August), I was wondering when new monthly rates for AFS take effect. I am afraid that if the August rates are worse I might lose the opportunity to lock in these rates. Thanks again.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome kasher_khan. Sorry for the delay in my response. Audi's July lease program is scheduled to run through September 4th, but companies have been known to make unscheduled changes to their programs from time to time.

    Car_man
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  • Thanks car man. My dealer said the same thing. Here are my final no.'s. Based on the info provided here, I think I did pretty good. Would you agree?

    2013 S4
    Premium+
    MMI,Sports Diff, Adaptive Suspension,19",Bose, Adv Key, SS inlays,SC badges

    Invoice 55,155
    +500 over
    Cap cost 56155
    ------------------------
    Fees
    accq fee 699
    processing 199
    registration 106
    electronic reg fee 20
    tires 4
    Total 1028
    ------------------------
    Audicare 800
    Residual 58+1=59% of MSRP 59755 = 35267

    36 month 12k rate = 0.00141

    Monthly Payment = 808.22 (-600 first month and no deposit = audi of summer)
  • 15ron7715ron77 Posts: 4
    Hello Car_man

    Can you tell me the current AFS money factor and residual value for a 36 and 39-month lease of a 2013 S4 Sedan Premium Plus with 15,000 miles per year for consumers who qualify for its top credit tier.

    Thanks!
  • Hi car man...yeoman's effort on lease details. Summer of Audi event - for a prestige and platinum +, can you provide the August MF and residual amounts? Also, best place to find invoice for the options? Appreciate the intelligence.
  • ...assuming 36 month leases with 10,000 and 12,000 miles?
  • 15ron7715ron77 Posts: 4
    Hello Car_Man and all,

    I previously posted:

    Can you tell me the current AFS money factor and residual value for a 36 and 39-month lease of a 2013 S4 Sedan Premium Plus with 15,000 miles per year for consumers who qualify for its top credit tier.

    Thanks!

    Can you also include MF and Residual for a 42 month lease with 15k/mo

    I apppreciate the help!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey 15ron77. Audi Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 S4 Sedan Premium Plus with 15,000 miles per year are .00141 and 56%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 39-month lease are .00141 and 54%.

    Car_man
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  • 15ron7715ron77 Posts: 4
    Thank you Car_Man. I truly appreciate your help!
  • isles1isles1 Posts: 110
    Car_man:

    What would the money factor and residual be for a 36-month lease of a 2013 S4 Sedan Premium Plus with 12,000 p/y? Does Audi Care add 1% or 2% to the residual? Thank you.
  • jayhawkmdjayhawkmd Posts: 2
    edited August 2012
    Car_man, could you give me the MF and residual on a 2013 Prem Plus S4 on a 36 and 42 month lease with 10k miles/year? Thank you!
  • isles1isles1 Posts: 110
    I was quoted $1,000 over invoice for a factory order 2013 S4 Premium Plus, 36-month lease, 12K miles per year, Money factor .00141, Residual of 59% (with Audi Care). Audi Care is in addition to the negotiated sales price.

    I saw a recent post reporting a negotiated sales price of $500 over invoice. Considering my locale of downstate New York, is $1,000 over invoice fair?

    Has anyone has any success negotiating in other ways, such as a reduced acquisition fee, discounted Audi Care, etc.?

    Thanks in advance.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome 15ron77.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go isles1. Audi Financial Services' August buy rate lease money factor and residual value for a 36-month lease of a 2013 S4 Sedan Premium Plus with 12,000 miles per year are .00141 and 58%, respectively for consumers who qualify for its top credit tier.

    The last time that I checked, Audi Care added 1% to vehicles' residual values.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited August 2012
    Hi jayhawkmd. Please see my previous post for the 36-month information. The numbers for a 42 month / 12k lease would be .00141 and 56% (this is probably the best term to go with on this model right now).

    If you were to lease with only 10,000 miles per year, this car's residual values would be 1% higher.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi isles1. I personally don't have a problem with $1,000 over invoice on an ordered S4. If you really shopped around you might be able to find a dealer that would be willing to beat that on a unit that they had in stock, but it might be a little more difficult to beat that on an ordered vehicle.

    Car_man
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  • isles1isles1 Posts: 110
    Car_man:

    Many thanks for the information and replies.

    I have a test drive scheduled for the holiday weekend. If I fall in love with the S4, I have to sell my wife on the car (and the price) too. :sick:
  • Apologies if this has been asked before but is a 48 month lease doable - I haven't seen anyone asking about longer than 42 months. 42 months is a little short for me and with a 48 month and 12,500 miles/yr the warranty period would just be covered.

    How much would it likely lower the residual?
  • You're very welcome, isles1. You're not kidding, while it certainly is a nice car the S4 is definitely pretty expensive.

    Car_man
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