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2014 Audi S4 Lease Questions

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  • Thanks for comment on 1st deal 2nd deal MSRP 55025 discount 1000 price 53989 dealer 497 purchase 54486 doc 179 tax 3405 title..etc 85 acq 695 net 58850 audi care 920 total 59793 MF 00200, 60% 36mo/10000

  • kyfdxkyfdx Posts: 30,584

    @eyeonprice0791 said: Thanks for comment on 1st deal 2nd deal MSRP 55025 discount 1000 price 53989 dealer 497 purchase 54486 doc 179 tax 3405 title..etc 85 acq 695 net 58850 audi care 920 total 59793 MF 00200, 60% 36mo/10000

    Still a large markup on the money factor... .00140 is what you want..

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  • parris69parris69 Posts: 10
    Hey Guys,

    Just wanted to give a quick update what the dealer came down to & would like your opinion.

    - $0 down
    - 811 / mo includes all taxes
    - 1st payment on Audi
    - 36 mo lease
    - 12k miles / yr
    - Audi Care included

    I believe they said residual would be 59%, not sure about the MF this time but sure seems a lot better than the first offer which was $1667 down, no 1st payment from Audi (so realistically $2519 down) $852 / mo

    What do you think?

    Thanks!
  • MichaellMichaell ColoradoPosts: 7,389

    @parris69 said: Hey Guys,
    Just wanted to give a quick update what the dealer came down to & would like your opinion.
    - $0 down - 811 / mo includes all taxes - 1st payment on Audi - 36 mo lease - 12k miles / yr - Audi Care included
    I believe they said residual would be 59%, not sure about the MF this time but sure seems a lot better than the first offer which was $1667 down, no 1st payment from Audi (so realistically $2519 down) $852 / mo
    What do you think?
    Thanks!

    What is the MSRP and negotiated selling price? Audi Care does increase the residual by 1%.

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  • parris69parris69 Posts: 10
    The sheet I got says:

    Net Cap Cost : 56,876.70
    Gross Cap Cost: 57,876.70

    Retail MSRP : 59,000.00
  • MichaellMichaell ColoradoPosts: 7,389

    @parris69 said: The sheet I got says:
    Net Cap Cost : 56,876.70 Gross Cap Cost: 57,876.70
    Retail MSRP : 59,000.00

    Plugging in your numbers with the base MF of .00140 and residual of 59% (36/12 with AudiCare) I get a pre-tax payment of $741.30.

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  • parris69parris69 Posts: 10
    Thanks Michaell!

    If I add local taxes to that it comes out to $791.89

    I guess I can't expect a dealer to make no money on a deal...?
  • MichaellMichaell ColoradoPosts: 7,389

    @parris69 said: Thanks Michaell!
    If I add local taxes to that it comes out to $791.89
    I guess I can't expect a dealer to make no money on a deal...?

    Quite true.

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  • jctw769jctw769 Posts: 1

    Great forum, thank you. I have a purchase/finance question pertaining to these leases. If I wanted to purchase a preowned S4 that's just been returned from a lease, and the lease residuals are a nominal 60 percent, should I be able to buy a 2012 S4 that originally listed at $55k for about $33k plus dealer profit? Instead, I'm seeing them advertised at 40-45k (80 percent and higher). What could I expect to drive this price down to? Do the residuals just not matter when it comes to resale? Thanks very much.

  • So, here is the deal I am being offered, on 36mo/15K

    2014 S4 Premium Plus, Nav package with Side Assist, 19 inch wheel package. MSRP: $58245 Sale Price: $54716 Trade Net: $8200 Tax/Tags: $2415.02 Processing fee: $839 Conquest: -$1000 MF: 0.00089 Residual: .52 Payment: $602

    Does this sound like a proper deal concerning the Money Factor, residual, and payment?

  • MichaellMichaell ColoradoPosts: 7,389

    @jctw769 said: Great forum, thank you. I have a purchase/finance question pertaining to these leases. If I wanted to purchase a preowned S4 that's just been returned from a lease, and the lease residuals are a nominal 60 percent, should I be able to buy a 2012 S4 that originally listed at $55k for about $33k plus dealer profit? Instead, I'm seeing them advertised at 40-45k (80 percent and higher). What could I expect to drive this price down to? Do the residuals just not matter when it comes to resale? Thanks very much.

    Residual and resale value are not related to one another. If the dealer buys the car from the finance company for the residual value, the dealer may still put money into reconditioning it. If they want to make it CPO, then that costs extra as well for the warranty.

    Then add profit onto that.

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  • MichaellMichaell ColoradoPosts: 7,389

    @soonersfan76 said: So, here is the deal I am being offered, on 36mo/15K

    2014 S4 Premium Plus, Nav package with Side Assist, 19 inch wheel package. MSRP: $58245 Sale Price: $54716 Trade Net: $8200 Tax/Tags: $2415.02 Processing fee: $839 Conquest: -$1000 MF: 0.00089 Residual: .52 Payment: $602

    Does this sound like a proper deal concerning the Money Factor, residual, and payment?

    S4 Prem + MF is .00032, so your dealer is marking that up quite a bit on you. Residual is 52%, per dealer.

    Is the entire $8200 trade equity being used as a down payment? We wouldn't recommend that you do that - if the vehicle is stolen or totaled, you are out that money. Instead, look at using the equity for MSDs to lower the MF.

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  • @Michaell said: Is the entire $8200 trade equity being used as a down payment? We wouldn't recommend that you do that - if the vehicle is stolen or totaled, you are out that money. Instead, look at using the equity for MSDs to lower the MF.

    I was going to use it as a down payment. How does the MSD work? Are you sure on the MF: 0.00032 seems way below what everyone else is saying.

  • MichaellMichaell ColoradoPosts: 7,389

    @Michaell said: I was going to use it as a down payment. How does the MSD work? Are you sure on the MF: 0.00032 seems way below what everyone else is saying.

    That is the base MF from Audi Finance.

    Each security deposit is the amount of the payment, rounded up to the next $25. Each security deposit reduces the MF by .00005. A maximum of 9 security deposits can be made. You get your money back at the end of the lease.

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  • Did the lease numbers change for Aug? Thanks

  • MichaellMichaell ColoradoPosts: 7,389

    @eyeonprice0791 said: Did the lease numbers change for Aug? Thanks

    Audi August numbers should be available to us tomorrow 8/5.

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  • supra911supra911 Posts: 6

    let's get those numbers. :)

  • kyfdxkyfdx Posts: 30,584

    @supra911 said: let's get those numbers. :)

    We've got em... what model, trim, term and mileage?

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  • 2010drive2010drive Posts: 4
    edited August 5

    @kyfdx said: We've got em... what model, trim, term and mileage?

    2015 Audi S4, Premium Plus, 36 months, 15K per year. Can I also get the residual for the Prestige with the same terms. Thanks

  • kyfdxkyfdx Posts: 30,584

    .00140 MF and 56% residual. Prestige residual is 53%

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  • 2010drive2010drive Posts: 4

    Thank you...So MSD's only reduce the MF by .00005 each? I thought they use to be .00008 each?

  • MichaellMichaell ColoradoPosts: 7,389

    @2010drive said: Thank you...So MSD's only reduce the MF by .00005 each? I thought they use to be .00008 each?

    Not for Audi ...

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  • jctw769jctw769 Posts: 1

    Would you kindly provide August numbers for 2014 S4 premium Plus, 36 mo, 12k?

  • kyfdxkyfdx Posts: 30,584

    @jctw769 said: Would you kindly provide August numbers for 2014 S4 premium Plus, 36 mo, 12k?

    .00032 MF and 54% residual

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  • pworld10pworld10 Posts: 1

    Lease numbers for 2015 S4 premium plus 36mo 12k, and 15k?

  • MichaellMichaell ColoradoPosts: 7,389

    @pworld10 said: Lease numbers for 2015 S4 premium plus 36mo 12k, and 15k?

    .00140 and 56% for 36/15. Add 2% for 12k

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  • What monthly payment should I expect for this lease including tax? if 0 down 36mo/15K in Texas with base MF and residual. How much due at signing? Thanks for your help. MSRP 59545 discount 3572, rebate 1000 adjusted price 54973 service fee 497 purchase 55470 doc fee 179 tax 3466.68 non tax fee 821 net price 59936.88

  • kyfdxkyfdx Posts: 30,584

    @eyeonprice0791 said: What monthly payment should I expect for this lease including tax? if 0 down 36mo/15K in Texas with base MF and residual. How much due at signing? Thanks for your help. MSRP 59545 discount 3572, rebate 1000 adjusted price 54973 service fee 497 purchase 55470 doc fee 179 tax 3466.68 non tax fee 821 net price 59936.88

    Is it Premium Plus or Prestige? We'll assume Premium Plus for this calculation.
    .00032 MF and 52% residual
    $835/mo.

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  • Hey guys, I got the following offer on a 36mo, 12k/year lease for a 2014 Audi S4 Premium Plus: MSRP $57,290 - Discount $3,231 = Sale Price $54,059 - Conquest $1,000. Residual: $31,509.50, MF: 0.00092. Down payment of $3,500, which includes Audi Care $880, Doc Fee $398, Tags $55, Downpayment Tax $88, State Tax $13, AFS fee $650. Monthly payment is: $659.74, first month's payment waived. Is this a good deal, or should I shop around? Thanks for your help.

  • MichaellMichaell ColoradoPosts: 7,389

    @caslaton87 said: Hey guys, I got the following offer on a 36mo, 12k/year lease for a 2014 Audi S4 Premium Plus: MSRP $57,290 - Discount $3,231 = Sale Price $54,059 - Conquest $1,000. Residual: $31,509.50, MF: 0.00092. Down payment of $3,500, which includes Audi Care $880, Doc Fee $398, Tags $55, Downpayment Tax $88, State Tax $13, AFS fee $650. Monthly payment is: $659.74, first month's payment waived. Is this a good deal, or should I shop around? Thanks for your help.

    Base MF of .00092, so that's a good start. Adding 1% to the residual for AudiCare is always a good idea. I am calculating about 5.6% off MSRP, which is a decent discount. You might ask for more - 5-7% is what I've been seeing.

    If my math is right, $1428 of the $3500 up front costs are going to cap cost reduction, which takes your net cap cost to $51,631.

    I get a pre-tax payment of $635.42 with those numbers (55% residual).

    Seems a solid deal.

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