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Audi S5 Lease Questions

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  • drewtabdrewtab Posts: 8
    yup however they are saying the .00099 doesn't exist and is charging me .00149 plus $2578 in inceptions including first month, plus dealer/finance charges. BS I think as payment comes to 941 per month, too high
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I certainly do dmva1. Audi Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2012 S5 Cabriolet Premium Plus with 12,000 miles per year are .00086 and 56%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • ctchooeyctchooey Posts: 1
    Hi Car_man,

    Greatly appreciate all your help in these forums. Can you please tell me the May money factor and residual % for a 2012 S5 premium plus coupe with 12,000 and 10,000 miles a year respectively?

    Thanks1
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks ctchooey and you're welcome. Here you go. Audi Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2012 S5 Premium Plus Coupe with 12,000 miles per year are .00081 and 57%, 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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  • drewtabdrewtab Posts: 8
    that's a lot better than the month before, what are they willing to discount the car to?
  • coconcocon Posts: 15
    Hi Carman,
    Greatly appreciate all your help in these forums as well.Do you know if lease rates for RS5 are available yet since Audi released MSRP already?Let me know,thanks

    Tony
  • ZoneMobJZoneMobJ Posts: 13
    I wish I was more excited..... it was..."fun" but less than I expected... Anyway carman...what is the MF and residual on the new 2013 S5?

    I realize that it is fresh but was quoted the following for a Premium plus 42 months lease 10K miles a year:
    - $1000 off MSRP of $59,695
    - 0.00195 (Seems VERY HIGH)
    - 56% residual
    - $2053 down
    - $785 per month plus tax

    Any ideas - Just seems high to mee
  • ildarad0ildarad0 Posts: 24
    I have a question.......

    I priced out BMW 6 Series 650i XDrive well equipped 87K sell price - $927 per month.

    I also priced out Audi S5 Prestige quarto - 67K sell price - $978 per month.

    So how is it two different class cars with 20K price difference coast the same amount per month?
  • ildarad0ildarad0 Posts: 24
    Hello,

    I have a question.......

    I priced out BMW 6 Series 650i XDrive well equipped 87K sell price - $927 per month.

    I also priced out Audi S5 Prestige quarto - 67K sell price - $978 per month.

    So how is it two different class cars with 20K price difference coast the same amount per month?
  • cashmandoocashmandoo Posts: 10
    Hi ildarad0, i am waiting to see what carman has to say about your above question, but I suspect its due to widely differing residual values calculated by Audi and BMW...

    Do you mind me asking where you got a 650i Xdrive for that kind of sell price? I live in Ma, and they haven't come close to that number...

    thanks,

    Cashmandoo
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Thanks Tony. Yes, the lease program for this car is out. Audi Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 RS5 Coupe with 15,000 miles per year are .00175 and 54%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey ZoneMobJ. I think that the .00195 money factor would be for a 48-month lease, but that the factor for a 42-month lease is a little lower.

    Audi Financial Services' May buy rate lease money factor and residual value for a 42-month lease of a 2013 S5 Coupe with 10,000 miles per year are .00181 and 56%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi ildarad0. BMW's residual values for the 6-Series are higher than Audi's residual values are for the S5. Chances are that this is the reason for most of the difference.

    Car_man
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  • coconcocon Posts: 15
    Thanks my friend.That sounds reasonable since I've been told from a dealer that their MF is .00249!! Do you know if the rates are same for all states or they varies by regions?Thanks
  • pcullen1pcullen1 Posts: 15
    Hey carman, do you have the June rates for a 2013 s5 premium plus at 12k miles. Do we know when the 2013 will be available at the dealers (west coast).

    Thank you
  • ildarad0ildarad0 Posts: 24
    thank you for response. i got pricing from BMW of Manhattan
  • ildarad0ildarad0 Posts: 24
    edited June 2012
    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!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • ildarad0ildarad0 Posts: 24
    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!
  • backroadbackroad Posts: 12
    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.
  • 13s513s5 Posts: 1
    edited June 2012
    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!!
  • fansvodkafansvodka Posts: 1
    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
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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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  • pcullen1pcullen1 Posts: 15
    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.
  • I'm looking for the MF and residual for a 36 month/15k lease for a 2012 S5 Cabriolet Prestige and would appreciate your help. I'm also curious what I can expect off of MSRP or if there are any meaningful incentives out there. Lastly, does Audi offer the multiple security deposit program like BMW and some others? Believe it or not, you may be better off buying down your MF than keeping money in the bank these days. Thank you for your time and insight.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Sure pcullen1. Through July 5th, Audi Financial Services' buy rate lease money factor and residual value for a 36-month lease of a 2012 S5 Coupe Premium Plus with 15,000 miles per year are .00161 and 57%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 42-month lease are .00181 and 53%.

    If you were to lease with only 12,000 miles per year, these residual values would be 2% higher.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Very appropriate username s5_inquiry :). Here's the information that you're inquiring about.

    Through July 5th, Audi Financial Services' buy rate lease money factor and residual value for a 36-month lease of a 2012 S5 Cabriolet Prestige with 15,000 miles per year are .00086 and 51%, respectively for consumers who qualify for its top credit tier.

    The only cash incentive that I am aware of on leases of this car is $750 owner loyalty cash.

    I personally am not intimately familiar with what the market is like for the S5 right now, but I doubt that there's a ton of them sitting out there on dealer lots. If the supply is indeed low, it might hamper your ability to negotiate.

    The last time that I checked, Audi Financial Services did offer a multiple security deposit option, it provided a .00008 money factor reduction for each extra deposit paid, up to a maximum of nine additional. You're not kidding about being better off making MSDs than putting money in the bank. Interest is nearly nonexistent today, even on CDs.

    Car_man
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This discussion has been closed.