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2014 Audi S4 Lease Questions

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  • MichaellMichaell ColoradoPosts: 6,532

    @dave44286 said: Here's what my dealer is offering. Does this look like the correct MF and calculations?

    2014 S4 Premium Plus in Ohio, 3 yr 15k/year MSRP is $57,945 (that includes the $1,500 preferred equipment pkg credit). Sale Price, $56,945 Residual: $31,290.30 MF: 0.00079 Cash Down: $1,774.29 Audicare: $860 Conquest Rebate: $1,000 Monthly Payment: $850.10

    I know there are state taxes and fees that may vary, but are their numbers close? Is the MF too high? Are they taking the rebate out of the MSRP instead of the Sale Price?

    Thanks in advance!

    The base MF on the S4 premium plus is .00051, so it looks like it is inflated by the dealer.

    Looks like they are applying the rebate to the MSRP; you should be able to negotiate a few pct off MSRP before the rebate is applied.

    Residual is spot on at 54%.

    Using the base MF and residual with your MSRP and selling price, I get a pre-tax payment of $757.63.

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  • What is the current MF and Residual for a 10k/yr lease for an S4 Premium Plus and S4 Prestige?
    Thanks

  • MichaellMichaell ColoradoPosts: 6,532

    @triathlete77 said: What is the current MF and Residual for a 10k/yr lease for an S4 Premium Plus and S4 Prestige?
    Thanks

    What lease term?

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  • @Michaell@Edmunds said:

    Sorry, forgot to mention that. 36 and 42.

  • MichaellMichaell ColoradoPosts: 6,532

    @triathlete77 said: What is the current MF and Residual for a 10k/yr lease for an S4 Premium Plus and S4 Prestige? 36 and 42 months. Thanks

    .00051 for 36 months, .00071 for 42 months - both models

    Premium Plus - 56% for 36 months, 52% for 42 months

    Subtract 3% for Prestige

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  • deacon98deacon98 Posts: 2

    Hi - I'm looking at an S4 Premium Plus. 36 month lease @ 15k miles / year. Located in California. Terms are as follows: MSRP: $58,815 Price: $55,554 (invoice + $300 after $1500 equipment pkg. credit; trying to get him to invoice price) Acq. Fee: $695 (looks like there is no way to avoid?) and Doc Fee $80 MF: .00081 (looks like this is marked up and I told him I wouldn't do that) Residual: .53 Initial Payment: $1,390 (unclear what is in this number, trying to clarify) Payment of $832.61

    Can you please confirm MF for 36mo/15k lease for S4 Premium Plus, current base MF, that the payment looks correct, and any tips you might have. I am looking at a down payment and/or MSDs. Thanks!

  • kyfdxkyfdx Posts: 29,962

    @deacon98 said: Hi - I'm looking at an S4 Premium Plus. 36 month lease @ 15k miles / year. Located in California. Terms are as follows: MSRP: $58,815 Price: $55,554 (invoice + $300 after $1500 equipment pkg. credit; trying to get him to invoice price) Acq. Fee: $695 (looks like there is no way to avoid?) and Doc Fee $80 MF: .00081 (looks like this is marked up and I told him I wouldn't do that) Residual: .53 Initial Payment: $1,390 (unclear what is in this number, trying to clarify) Payment of $832.61

    Can you please confirm MF for 36mo/15k lease for S4 Premium Plus, current base MF, that the payment looks correct, and any tips you might have. I am looking at a down payment and/or MSDs. Thanks!

    You are correct. The base money factor is .00051. Using the inflated money factor, I get a payment of $767/mo.+tax. If your tax rate is 8.5%, then that is right on the money. I added the acq.fee into the CAP cost to calculate the monthly payment. $1390 due at signing is most likely the 1st payment, plus title/license fees (those run about 1% of MSRP in CA, which is where I assume you are).

    Where to save?

    1) Insist on .00051 MF. That will save about $28/mo., post-tax.

    2) Buy AudiCare: That is $920, but it adds 1% to your residual. It's a net addition of $11/mo. to the monthly lease cost, but it covers scheduled maintenance, so it's a net savings.
    Audi Finance has a special deal, where if you buy Lease Excess Wear Protection, they will raise the residual another 1%. I've no idea what the price is for the LEWP, but that might be a dubious savings.

    3) MSDs: Each MSD, up to 9, lowers the MF by .00005, for a total reduction of .00045. That would lower the base money factor to .00006 That would save about $43/mo., post tax.

    We just knocked about $60/mo off your payment and included scheduled service. However, those 9 MSDs add up to $7200, in addition to your $1390, so that's a pretty good chunk of change.. Worth doing the MSDs, if you have the money sitting around earning 0.01%, though.

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  • deacon98deacon98 Posts: 2

    This is great feedback. Many thanks for the quick reply!

  • jonsamgjonsamg Posts: 1

    Lease question on whether it is a good deal. So, was at the dealer. They tell me they are incentivized because it is the end of the month. Offered me $633 a month including tax (I am in California so the lease would be about $575 without tax), $2,000 down and on a 36 month lease with 12 miles per year.

    Did not get into the residual and other issues. Really just focused on the payments. The car stickers for $57k.

    Thanks for any advice.

  • kyfdxkyfdx Posts: 29,962

    @jonsamg said: Lease question on whether it is a good deal. So, was at the dealer. They tell me they are incentivized because it is the end of the month. Offered me $633 a month including tax (I am in California so the lease would be about $575 without tax), $2,000 down and on a 36 month lease with 12 miles per year.

    Did not get into the residual and other issues. Really just focused on the payments. The car stickers for $57k.

    Thanks for any advice.

    Sure looks like a reasonable deal..

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  • gscottyggscottyg Posts: 1

    Do we know the new mf and residuals on the 14 S4 in may yet? 36 mo/12k

  • MichaellMichaell ColoradoPosts: 6,532

    @gscottyg said: Do we know the new mf and residuals on the 14 S4 in may yet? 36 mo/12k

    The May numbers for Audi haven't come in yet. Sorry.

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  • car_curious1car_curious1 Posts: 12

    What is the MF and residual for an S4 in may?

  • car_curious1car_curious1 Posts: 12

    I have heard you can start placing order for the 2015 audi s4. Do you know if the numbers (MF/residual) are available yet? Seems strange that you can order, but not know your cost.

  • MichaellMichaell ColoradoPosts: 6,532

    @car_curious1 said: I have heard you can start placing order for the 2015 audi s4. Do you know if the numbers (MF/residual) are available yet? Seems strange that you can order, but not know your cost.

    The only 2015 models I have numbers for are the A3 and the TT. If you were to order an S4 now, when would it be available at the dealer? I imagine the numbers will be available closer to delivery.

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  • car_curious1car_curious1 Posts: 12

    They are stating delivery would be 90 days if you order a 2015 s4 or s5 right now. I guess you order, and hash out the numbers when it gets closer. That would just make me nervous to put money down, and then try to negotiate the deal after the fact.

    My comment above asked about the current May MF and residual on a 2014. Do you have those numbers?

  • kyfdxkyfdx Posts: 29,962

    @car_curious1 said: They are stating delivery would be 90 days if you order a 2015 s4 or s5 right now. I guess you order, and hash out the numbers when it gets closer. That would just make me nervous to put money down, and then try to negotiate the deal after the fact.

    My comment above asked about the current May MF and residual on a 2014. Do you have those numbers?

    2014 S4 Premium Plus, 36mo, 15K/yr: .00051 MF and 53% residual

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  • car_curious1car_curious1 Posts: 12

    Thanks kyfdx

  • Kirstie_HKirstie_H Posts: 10,907

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  • tomemictomemic Posts: 2

    Can I please have the May rates for a 2014 s4 Prestige?

  • kyfdxkyfdx Posts: 29,962

    @tomemic said: Can I please have the May rates for a 2014 s4 Prestige?

    .00051 MF and 50% residual for 36mo, 15K/yr. Premium Plus residual is 53%

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  • tomemictomemic Posts: 2

    Thank you. Is the residual higher for a 12k or 10k lease on the prestige?

  • MichaellMichaell ColoradoPosts: 6,532

    @tomemic said: Thank you. Is the residual higher for a 12k or 10k lease on the prestige?

    For all Audi leases, add 2% to the 15K residual for 12K, and 3% for 10K. This is true for all trims.

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  • g_maleg_male Posts: 1

    Is this deal ok? Dealer is offering me 2014 S4 Premium Plus with MSRP of 58,645 and sale price of 55,093. Lease is for 10k/36mo in New York. Taxes, doc fee, etc out the door is $4339 and a payment of $680

  • Question. I have been in touch with my local Audi dealer on a 2014 Audi S4 Premium Plus Auto MSRP: $50,895 The dealer says he will sell the car "at cost". The best I can gather is that number is $47,341. He quoted me a lease 42 mo 10k miles per year $5,000 total out of pocket $515/mo plus tax

    My questions are: Does this all add up? Is he marking up the money factor? Could I get a lower selling price? What is my best negotiating tool?

    Thank you!

  • MichaellMichaell ColoradoPosts: 6,532

    @emailbraddavis said: Question. I have been in touch with my local Audi dealer on a 2014 Audi S4 Premium Plus Auto MSRP: $50,895 The dealer says he will sell the car "at cost". The best I can gather is that number is $47,341. He quoted me a lease 42 mo 10k miles per year $5,000 total out of pocket $515/mo plus tax

    My questions are: Does this all add up? Is he marking up the money factor? Could I get a lower selling price? What is my best negotiating tool?

    Thank you!

    I've heard of discounts as much as 6% off MSRP - for the car in question, that would be $47,841, so the offer seems good given that it's lower than what I calculate.

    It's never a good idea to put money down on a lease - if the car is stolen or totaled, you are out that money. You can, however, use the money to make MSDs to lower the money factor. The base MF for an S4 Prem+ for 42 months is .00071, and the dealer is allowed to mark that up for extra profit.

    The only two levers in negotiating a lease are the MF and the selling price. Tell your dealer you won't make a deal with an inflated MF.

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  • cgpubliccgpublic Posts: 4

    Question re: 2015 Audi A3 Sedan 2.0T Premium w/Cold Weather Pkg, Paint, Mats, Locks, Net. Dealer quoted $399 @36 months, 30K miles, $2539 down, including first month, $1268 sales tax (8.375%), $695 bank fee, $165 doc fees. The MSRP is $35,280, and the residual is $22,226. Is this a decent deal?

  • MichaellMichaell ColoradoPosts: 6,532

    @cgpublic said: Question re: 2015 Audi A3 Sedan 2.0T Premium w/Cold Weather Pkg, Paint, Mats, Locks, Net. Dealer quoted $399 36 months, 30K miles, $2539 down, including first month, $1268 sales tax (8.375%), $695 bank fee, $165 doc fees. The MSRP is $35,280, and the residual is $22,226. Is this a decent deal?

    A few questions to help us:

    What is the selling price?

    What state is this in?

    Is any of the $2539 down being used to reduce the cap cost?

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  • cgpubliccgpublic Posts: 4

    Not sure of the selling price, NY, and the down payment does not reduce the cap cost.

  • If I put my $5000 toward MSD's as opposed to cap cost reduction, how will this effect my monthly payment?
    At the end of the lease, I plan to sell the car and collect the equity. Does paying in to MSD's have any effect on that plan? Do I have to turn the car back to Audi to receive a refund?

    Thanks!

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