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2014 Audi S4 Lease Questions

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  • kyfdxkyfdx Posts: 29,850

    @emailbraddavis said: 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!

    The payment will be higher with MSDs, than with a CAP cost reduction, but the overall cost will be lower, because you get the MSDs back at lease end.

    If you sell the car, the MSDs will lower the payoff by an equal amount, so you'll still realize the same amount of profit.

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  • what is the discount in MF for each MSD? How many can I do?

  • kyfdxkyfdx Posts: 29,850

    @emailbraddavis said: what is the discount in MF for each MSD? How many can I do?

    I don't have current information on the Audi MSD program, but the last I saw... .00008 per deposit, up to 9 deposits, for a total discount of .00072.

    Those programs seem to change every couple of years, so that might be old information.

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  • briguy312briguy312 Posts: 5

    Are there any changes to the MF and Residual for June? I'm looking at a 2014 Audi S4 with 10K miles over 36 months. Thanks

  • MichaellMichaell ColoradoPosts: 6,410

    @briguy312 said: Are there any changes to the MF and Residual for June? I'm looking at a 2014 Audi S4 with 10K miles over 36 months. Thanks

    Still waiting for the Audi numbers to arrive in our inbox ... sorry.

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  • kyfdxkyfdx Posts: 29,850

    @briguy312 said: Are there any changes to the MF and Residual for June? I'm looking at a 2014 Audi S4 with 10K miles over 36 months. Thanks

    .00051 MF and 56% residual for Premium Plus model.

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  • briguy312briguy312 Posts: 5

    Thank you !!!

  • janesays19janesays19 Posts: 6

    Can you please comment on the deal below --

    2014 S4 Premium Plus with Navi 36 months 10k/year

    MSRP: 53,445 Invoice: 50,505 Sale Price: 49,315

    $563/month Residual: 56% Money Factor: .00051

    Closing costs: $563(first month) $695 acq fee $400 plates $1742.35 taxes (New Jersey) $75 dealer doc fee

    Total: $3,475.35

    Thanks!

  • MichaellMichaell ColoradoPosts: 6,410

    @janesays19 said: Can you please comment on the deal below --

    2014 S4 Premium Plus with Navi 36 months 10k/year

    MSRP: 53,445 Invoice: 50,505 Sale Price: 49,315

    $563/month Residual: 56% Money Factor: .00051

    Closing costs: $563(first month) $695 acq fee $400 plates $1742.35 taxes (New Jersey) $75 dealer doc fee

    Total: $3,475.35

    Thanks!

    I can confirm the MF and residual match what I have. But, when I run the numbers, I get a pre-tax payment of $578.91. Not sure why my numbers are higher than the dealer quote.

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  • jmg32jmg32 Posts: 2

    Hi guys, quick question. I'm looking at a '14 S4. Is the June MF still 0.00051? Is that what I can expect to pay in a good deal?

  • MichaellMichaell ColoradoPosts: 6,410

    @jmg32 said: Hi guys, quick question. I'm looking at a '14 S4. Is the June MF still 0.00051? Is that what I can expect to pay in a good deal?

    S4 MF is .00051 for the month of June. I wouldn't sign any deal where that number has been increased by the dealer.

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  • jmg32jmg32 Posts: 2
  • glayfan40glayfan40 Posts: 27

    @janesays19 said: Can you please comment on the deal below --

    2014 S4 Premium Plus with Navi 36 months 10k/year

    MSRP: 53,445 Invoice: 50,505 Sale Price: 49,315

    $563/month Residual: 56% Money Factor: .00051

    Closing costs: $563(first month) $695 acq fee $400 plates $1742.35 taxes (New Jersey) $75 dealer doc fee

    Total: $3,475.35

    Thanks!

    Does the sale price include any sort of Audi incentives available for June (for P+ S4's) which include loyalty/conquest ($1000), and preferred equipment credit ($1500 for MMI+Side Assist, $1290 for just MMI)?

    Thanks!

  • thelanternthelantern Posts: 4
    edited June 24

    Can anyone give the MF and residuals for the Audi S4 Manual Prestige as of June 24th? This would be for 42 Months and 12K miles. Please assume pristine credit.

    Also, for @Michaell, I would appreciate your comments on the following deal:

    MSRP: 57225 Selling Price: 54650 Fees - 387 Tax - 5224 0 Money Down

    Lease Payment @ 42 months and 12K miles: $926.

  • kyfdxkyfdx Posts: 29,850

    @thelantern said: Can anyone give the MF and residuals for the Audi S4 Manual Prestige as of June 24th? This would be for 42 Months and 12K miles. Please assume pristine credit.

    Also, for Michaell, I would appreciate your comments on the following deal:

    MSRP: 57225 Selling Price: 54650 Fees - 387 Tax - 5224 0 Money Down

    Lease Payment @ 42 months and 12K miles: $926.

    .00071 MF and 48% residual.

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  • MichaellMichaell ColoradoPosts: 6,410

    @thelantern said: Can anyone give the MF and residuals for the Audi S4 Manual Prestige as of June 24th? This would be for 42 Months and 12K miles. Please assume pristine credit.

    Also, for Michaell, I would appreciate your comments on the following deal:

    MSRP: 57225 Selling Price: 54650 Fees - 387 Tax - 5224 0 Money Down

    Lease Payment @ 42 months and 12K miles: $926.

    The 42 month term hurts you with residual value - $900/mo seems quite expensive for a car with a sticker under $60K.

    Using your MSRP and selling price with the MF and residual provided by my co-host, I calculate a pre-tax payment of $705.49.

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  • thelanternthelantern Posts: 4

    @Michaell and @kyfdx‌ - you are both amazing. If I could trouble you with a few more follow up questions:

    1) How confident can I be when bringing these base MF and residual numbers to the bargaining table? Are these official numbers? 2) What would the residual be for a 36 month lease for June? He gave me the monthly payment for that as well and it was $981. 3) It looks as if the dealer is making his margin on the interest (the consumer reports build of my car came out at a dealer invoice of $54420). While I want to get the best deal possible, I don't expect him to take zero margin on the car. What is a realistic MF to shoot for?

  • MichaellMichaell ColoradoPosts: 6,410

    @thelantern said: Michaell and kyfdx‌ - you are both amazing. If I could trouble you with a few more follow up questions:

    1) How confident can I be when bringing these base MF and residual numbers to the bargaining table? Are these official numbers?

    These numbers are from Audi Financial Services.

    2) What would the residual be for a 36 month lease for June? He gave me the monthly payment for that as well and it was $981.

    52% for 36/12. And, I misspoke earlier. The base MF for a 42 month lease is .00071 - .00051 is for leases up to 36 months in length.

    3) It looks as if the dealer is making his margin on the interest (the consumer reports build of my car came out at a dealer invoice of $54420). While I want to get the best deal possible, I don't expect him to take zero margin on the car. What is a realistic MF to shoot for?

    I would recommend not signing a deal with an inflated MF; rather, target a negotiated selling price at or just above invoice (I've heard that 6% off MSRP is a good number to shoot for). Don't worry about the dealer's margin; if they aren't making money on the deal, they won't agree to it.

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  • thelanternthelantern Posts: 4

    Thank you both again!

  • john9969john9969 Posts: 4

    My dealer is giving me the .00051 Mf but say the prem + residual is .55 for 12k miles and .53 for 15k - I thought it was .56?

  • kyfdxkyfdx Posts: 29,850

    @john9969 said: My dealer is giving me the .00051 Mf but say the prem + residual is .55 for 12k miles and .53 for 15k - I thought it was .56?

    55%/53%.. that's what I have.. 1% higher if you purchase AudiCare maintenance

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  • sweendogysweendogy Left lanePosts: 1,176

    Been on a lot of these pages and this is one of the best- thanks to moderators

  • john9969john9969 Posts: 4

    This is an invaluable forum. My dealer is offering an S4 lease....MSRP of 56565. Negotiated price of 52518 including preferred equip and loyalty. I am paying taxes, tags, 695 acq fee plus 199 doc fee with trade. Monthly for 36 month, 12K miles with audi care is 639. This seems like a decent deal can you confirm that? Thanks

  • kyfdxkyfdx Posts: 29,850

    With residual of 56% and base MF of .00051, I get $622.mo. That's close... Is the cost of AudiCare included in the 52,518 or is it added on?

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  • john9969john9969 Posts: 4

    It is added on.

  • kyfdxkyfdx Posts: 29,850

    The numbers all add up.

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  • john9969john9969 Posts: 4

    "The numbers all add up."

    Thank you. Prior to finding this forum leasing was a black box to me. I had no idea how numbers were developed nor a strategy for a good deal. You taught me a lot quickly by reviewing your prior comments and knowing the rates. I believe I got a solid deal because of your help....many dealers were giving me inflated MF numbers, bs...etc...and I was able to hone in to those that gave me the lowest MSRP and the lowest MF. Awesome so thanks.

    I'll be trading in an 08 A4 Avant loaded for a sweet s4 tomorrow.....the dealer just needs to step up on the trade which they have said they will do.

  • kyfdxkyfdx Posts: 29,850

    I'm glad we could help.. Enjoy the new car!

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  • mcfuzzmcfuzz Posts: 4
    edited June 28

    Hello,

    I am looking at a fully loaded 14' premium plus 6 speed with mmi, sports diff, leather, black optics, side assist... the works.

    I am being offered a sale price of $53,925 (MSRP is north of $57k) and the following conditions:

    • 56% residual - $32,292.40
    • $7,500 DP
    • $550 / month payment including tax
    • 36 month term
    • 10K miles per year.

    I believe the money factor is 0.000990... seems to be a bit high? This is in CA bay area.

    Is it reasonable to ask for 0.00051 money factor, bring down the DP to 5K and do $550/month? I drove 18.5K miles on my current car in 30 months of ownership...

    Any feedback will be appreciated.

    Thanks!

  • MichaellMichaell ColoradoPosts: 6,410

    @mcfuzz said: Hello,

    I am looking at a fully loaded 14' premium plus 6 speed with mmi, sports diff, leather, black optics, side assist... the works.

    I am being offered a sale price of $53,925 (MSRP is north of $57k) and the following conditions:

    • 56% residual - $32,292.40
    • $7,500 DP
    • $550 / month payment including tax
    • 36 month term
    • 10K miles per year.

    I believe the money factor is 0.000990... seems to be a bit high? This is in CA bay area.

    Is it reasonable to ask for 0.00051 money factor, bring down the DP to 5K and do $550/month? I drove 18.5K miles on my current car in 30 months of ownership...

    Any feedback will be appreciated.

    Thanks!

    I would not sign a deal that includes an inflated MF. Base MF is .00051.

    Also, I would recommend against any sort of cap cost reduction; if the car is stolen or totaled, you are out that money. Use the money instead to make MSDs to lower the MF.

    With $0 down and the base MF, I calculate your pre-tax payment as $655 (residual is 56%)

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