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2014 Audi S4 Lease Questions

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  • kyfdxkyfdx Posts: 29,863

    I get $489/mo. plus tax... Looks like the acquisition fee is rolled into the lease payment, not part of the upfront due at signing.

    The minimum money factor for AFS is .00005, so if the MSD program is, as stated, you could only do 9 MSDs, taking the rate to .00006. That would decrease your payment by about $32/mo, pre-tax.

    I'm not a fan of making cap cost reductions on leases. If you roll the $3812 into the lease, your payment goes up by $108/mo. pre-tax. I'd use the money that freed up to do the MSDs. Yes, your payment will be higher, but you'll be better protected in case of total loss to theft or accident, and overall, your cost will be the same (well.. less because of the MSDs)

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  • farazafaraza Posts: 23

    Thank you for reviewing the numbers. Is there a calculator that you use?

  • kyfdxkyfdx Posts: 29,863

    Just a simple excel spreadsheet... My 10-yr old helped me set it up about 10 years ago... lol

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  • isles1isles1 Posts: 110
    edited February 6

    @faraza said: Just an update went to the dealership verified from two different dealers actually AFS is allowing dealers to lock in rates at the time of agreement... both dealers confirmed that in the event at the time of delivery the terms of lease are beneficial to the leasee than the terms can be updated however not vice versa if they are not.. will update once the car is delivered sounds like it will be in early april... Thanks kydx this forum certainly taught me a lot...

    Yes. That is my experience too. And keep a look out for Lease Cash offers in March and April. I got a $750 check from my dealer after delivery for a Lease Cash program that was in effect, but not announced, at the time I took delivery in March 2013. Yes, I had to ask for the Lease Cash to be applied to my lease after the fact...props to my dealer (Audi of Smithtown) for doing it.

  • zjk91zjk91 Posts: 1

    hey @kydfx@edmunds.com

    I am being offered 6% off INVOICE as a result of a corporate partnership with audi, and I am looking at a Premium Plus S4 with simply Nav added.

    what is the invoice price on that car? and what would the MF and residual be for leases this month

    Thanks in advance!

    -Z

  • kyfdxkyfdx Posts: 29,863

    @zjk91 said: hey kydfx@edmunds.com

    I am being offered 6% off INVOICE as a result of a corporate partnership with audi, and I am looking at a Premium Plus S4 with simply Nav added.

    what is the invoice price on that car? and what would the MF and residual be for leases this month

    Thanks in advance!

    -Z

    .00051 MF and 53% residual for 36mo, 15K/yr lease

    You can find invoice prices by clicking on the Car Research tab above, then choosing New Cars.

    I'd verify your price on the corporate partnership. My company has that, as well, and the price is 6% off of MSRP.

    Good luck!

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  • farazafaraza Posts: 23

    @kyfdx@Edmunds said: Just a simple excel spreadsheet... My 10-yr old helped me set it up about 10 years ago... lol

    Thanks..lol.. Just did that.. is the 1 percent bump in residual still in effect with purchase of audicare ? Is that worth getting?

  • kyfdxkyfdx Posts: 29,863

    @faraza said:

    Yes... 1% higher residual for adding AudiCare. I think that makes it a bargain.

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  • robby28robby28 Posts: 8

    This is such a great forum. Thanks Edmunds.

    I am still having trouble figuring out the correct lease payments for a 2014 S4 I want. Can you calculate and let me know what you get?

    MSRP is $57,240 - I qualify for an Audi supplier discount (-6%) and Audi Loyalty Discount (-$1,000) new total is $52,805

    Looking at 36 months with 15k miles. I don't what to put anything down. Thoughts?

    Also, I am being told that the total due at signing would be $4,300 includes tax, tags, docs, fees etc. That seams really high with $0 down payment included. Would love some insight on those costs as well.

    Thank you so much

  • kyfdxkyfdx Posts: 29,863

    @robby28 said: This is such a great forum. Thanks Edmunds.

    I am still having trouble figuring out the correct lease payments for a 2014 S4 I want. Can you calculate and let me know what you get?

    MSRP is $57,240 - I qualify for an Audi supplier discount (-6%) and Audi Loyalty Discount (-$1,000) new total is $52,805

    Looking at 36 months with 15k miles. I don't what to put anything down. Thoughts?

    Also, I am being told that the total due at signing would be $4,300 includes tax, tags, docs, fees etc. That seams really high with $0 down payment included. Would love some insight on those costs as well.

    Thank you so much

    .00051 MF and 53% residual for the Premium Plus model, 36mo, 15K/yr.

    $4300 looks high to me, too, but a lot of that depends on how your state taxes leases. Is it an upfront state or a monthly payment state? Even in a state where they collect the tax upfront, you can still have them roll that amount into the CAP cost.

    At your quoted price and using the base rates, the payment would be approx. $666/mo. But, you are going to need a breakdown of that $4300. That's a big number to not know where it is allocated.

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  • farazafaraza Posts: 23

    Trying to break out my excel sheet that kyfdx had me set up..lol.. this is without taxes, title and doc fee not sure if Acquisition Fee is already included in your gross cap cost.

    MSRP $57,240 Base Cap Cost $52,805
    Acquisition Fee $695 Audi Care $-
    Gross Capitalized Cost $53,500
    Cap Reduction $-
    Net Capitalized Cost $53,500 Residual Value $30,337 (53%) Money Factor 0.00051 Term of Lease 36 Sales Tax - Depreciation $23,162.80 Finance or Rent Charge $1,539.25
    Total of All Payments $24,702.05
    Monthly Lease Payment $686.17 Sales Tax on Lease Payment $-
    Total Monthly Lease Payment $686.17

  • farazafaraza Posts: 23

    Another couple of things which I learned from this forum are the utility of multiple security deposits to buy down you money factor essentially for making a refundable deposit of 6750 you could reduce the rent charge by 1355 over the lease term. I don't know about you but about a 7% return on investment seems pretty good to me...lol.. of course if you can spare the additional cash.

    Secondly sounds like buying audi care will increase the residual by 1% ( this I am yet to verify from my dealer)

    MSRP $57,240

    Base Cap Cost $52,805

    Dealer Acquisition Fee $695

    Audi Care $880

    Gross Capitalized Cost $54,380

    Capitalized Cost Reductions

    Cap Reduction $-

    Net Capitalized Cost $54,380

    Residual Value $30,910 (54% ..1% bump due to audi care)

    Money Factor 0.00006 (Multiple security deposits payment rounded to the next 25 so essentially 675*10 will drop the the money factor to 0.00006)

    Term of Lease 36

    Sales Tax 0.0%

    Depreciation $23,470.40

    Rent Charge $184.23

    Sales Tax on Lease $-

    Monthly Lease Payment $657.07

    Sales Tax on Lease Payment $-

    Total Monthly Lease Payment $657.07

  • robby28robby28 Posts: 8

    wow! that is great info guys. Thank you very much. Especially on a weekend.

    I will ask my dealer for a break down of the total due at signing and share with the forum.

    Last question. I understand the MSDs but are they 100% refundable at the end of the lease? Just not clear on that.

  • MichaellMichaell ColoradoPosts: 6,421

    @robby28 said: Last question. I understand the MSDs but are they 100% refundable at the end of the lease? Just not clear on that.

    Yes they are.

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  • robby28robby28 Posts: 8

    Are MSDs in jeopardy if your car is stolen or totaled during the lease term?

  • MichaellMichaell ColoradoPosts: 6,421

    @robby28 said: Are MSDs in jeopardy if your car is stolen or totaled during the lease term?

    Nope - they are deposits, not down payment money.

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  • robby28robby28 Posts: 8

    @kyfdx@Edmunds

    So here is the breakdown of my "due at signing costs" for a 2014 S4 - Dealer is in NJ

    MSRP is $57,240

    1st Monthly Payment $752 - from MSRP - un-negotiated License $371 Vehicle Prep Fee $349 Acquisition Fee $695 NJ Sales Tax $2,039 - again from MSRP Suppl Titling Fee $224.96 NJ Tire Tax $7.50 Total due at signing - $4,439

    Obviously the vehicle prep fee is ridiculous. $350 to deliver a clean car. What other padding do you see?

    Thanks in advance

  • On an MSRP $54340 S4 with 0 capital reduction I was quoted $875/mo on a 24 mo term. Is that fair? Thanks

  • kyfdxkyfdx Posts: 29,863

    @robby28 said: kyfdx@Edmunds

    So here is the breakdown of my "due at signing costs" for a 2014 S4 - Dealer is in NJ

    MSRP is $57,240

    1st Monthly Payment $752 - from MSRP - un-negotiated License $371 Vehicle Prep Fee $349 Acquisition Fee $695 NJ Sales Tax $2,039 - again from MSRP Suppl Titling Fee $224.96 NJ Tire Tax $7.50 Total due at signing - $4,439

    Obviously the vehicle prep fee is ridiculous. $350 to deliver a clean car. What other padding do you see?

    Thanks in advance

    While $349 is pure padding, it's a typical dealer fee for NJ... The rest of it look legit.

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  • kyfdxkyfdx Posts: 29,863

    @USCmagnacumlaude said: On an MSRP $54340 S4 with 0 capital reduction I was quoted $875/mo on a 24 mo term. Is that fair? Thanks

    I don't know if it's fair, but the 36 month term would be a lot less...

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  • farazafaraza Posts: 23

    @robby28 said:

    Don't think you are getting the base money factor only way I am getting the payment of 752 is with money factor of 0.00095 (with 7% tax).

    I would ask them the money factor offered as well.

    kyfdx do you agree?

  • kyfdxkyfdx Posts: 29,863

    I'm sorry.. I didn't run the calculations

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  • kyfdx, could you please provide MF, residual for 36 Month 12k.yr lease? S4 Premium Plus

  • kyfdxkyfdx Posts: 29,863

    @awdofnothing said: kyfdx, could you please provide MF, residual for 36 Month 12k.yr lease? S4 Premium Plus

    .00051 MF and 55% residual

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  • One more question. Are there any incentives or conquest offers from Audi? I have a BMW 535 in trade.

  • robby28robby28 Posts: 8

    @awdonothing

    My dealer in NJ is offering a $1,000 (competitive) conquest bonus for my BMW. There is also a loyalty conquest bonus if you currently own or lease a another Audi.

  • kyfdxkyfdx Posts: 29,863

    @awdofnothing said: One more question. Are there any incentives or conquest offers from Audi? I have a BMW 535 in trade.

    I don't have any incentive information..

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  • farazafaraza Posts: 23

    @robby28 said: did your dealer comment on the money factor sorry was just curious..

  • 14is414is4 Posts: 2

    kyfdx, do you have the MF and Residuals for a Premium Plus - 36 & 42 months both @ 10k miles/yr

  • kyfdxkyfdx Posts: 29,863

    @14is4 said: kyfdx, do you have the MF and Residuals for a Premium Plus - 36 & 42 months both @ 10k miles/yr

    .00051 MF and 56% for 36/10

    .00071 MF and 52% for 42/10

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