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Audi S5 Lease Questions

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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: 38,518
    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: 38,518
    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
  • pcullen1pcullen1 Posts: 14
    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: 38,518
    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: 38,518
    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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  • Thank you very much for the feedback. I appreciate it.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome s5_inquiry. Happy 4th of July :shades: !

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • ipipip316ipipip316 Posts: 12
    Hi Car Man:

    May I know the MF and Residual for 2013 S5 Premium Plus for 10K and 36 month with Audi Care?

    And does the summer event apply to S5 as well?
    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings ipipip316. Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2013 S5 Coupe Premium Plus with 10,000 miles per year and Audi Care are .00161 and 61%, respectively for consumers who qualify for its top credit tier.

    The Summer Event payment waiver offer does not apply to any A5 models.

    Car_man
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  • Hi Car Man,

    I'm currently looking at a 2013 S5 Prestige with 15K for 36 months, any idea as to the money factor and residual value? Appreciate the help.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi dogofthunder. Sorry for the delay in my response, I have been away. Audi Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 S5 Coupe Prestige with 15,000 miles per year are .00161 and 55%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • kulasokulaso Posts: 11
    Hi Car_man - What is the August MF and Residual for a 2012 Audi S5 Cabriolet? What is it for a 2013 model? I am interested in a 36 month for both 12K and 15K miles. Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the information that you're looking for kulaso.

    Audi Financial Services' August buy rate lease money factor and residual value for a 36-month lease of a 2013 S5 Cabriolet Premium Plus with 15,000 miles per year are .00136 and 56%, respectively for consumers who qualify for its top credit tier.

    The numbers for a 2012 model are .00089 and 53%.

    The residual value for a lease with only 12,000 miles per year would be 2% higher.

    Car_man
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  • pcullen1pcullen1 Posts: 14
    CarMan,

    Do you have the August rates for a 2013 S5 Premium plus with 10k miles for 36 and 42 months?

    Also, I have several quotes that have a down payment that ranges from $1,000-$2500, any thoughts on why some are higher?

    Thanks,
  • kulasokulaso Posts: 11
    Thanks Carman - I am in active discussions. It seems that I can get a 2012 at invoice. For the 2013 about 1000-1500 over invoice. When I run the numbers on an otherwise identical car I am paying about $30 per month premium for a 2013 which I think is worth it.
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