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Audi A4 Lease Questions

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  • ladpladp Posts: 1
    edited July 2010
    Hey Carman et al.

    This forum has been invaluable to me during my research and preparation through closing the following deal-- curious if you think it could have been better:

    2010 A4 Avant
    Ibis White/Black
    Premium Plus
    Navigation

    36 months, 12K

    MSRP: $42175-- Dealer Invoice shows just over 40K
    Negotiated Price (according to dealer): $39840
    Due at Drive Off: $1750-ish
    Monthly: $609 (includes 9.875% tax!!)

    I found the following money factor and residual for June: .00043 and 51%. Consistent with your info?

    By my math, this monthly payment indicates a purchase price in the low 38K's.

    Any thoughts?

    I'm in Southern California.

    Thanks for the great resource!

    LADP
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited July 2010
    Hello jchol. Through July 5th, Audi Financial Services' current buy rate lease money factor and residual value for a 42 month lease of a 2010 Audi A4 Sedan Premium Plus with quattro and 12,000 miles per year are .00025 and 48%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi bderush. Here's the information that you're looking for. Through July 5th, Audi Financial Services' buy rate lease money factor and residual value for a 42 month lease of a 2010 A4 Avant Premium with 10,000 miles per year are .00063 and 50%, respectively.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey ladp. I'm glad that you've found this forum so helpful. Let's take a look at this deal.

    Dealer invoice is an excellent selling price for a leased Audi A4. You can always confirm that the dealer is telling the truth about the invoice price that they gave you by looking up this vehicle over in the New Vehicle Pricing section of Edmunds.com.

    If you are a current Audi, BMW, or Mercedes-Benz owner make sure that the dealer takes the $750 cash incentive that is currently available on leases of 2010 A4s into account on your deal.

    The money factor and residual value that you found are indeed correct.

    You're not kidding, 10% sales tax is outrageous. Unfortunately, I don't see taxes getting any lower either.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • livy12livy12 Posts: 2
    thats a rip off!!! I just gave back in my lease and I leased a 2007 audi A4 turbo same as your 10k miles a year $2500 down and paid $389 a month. This was in New York.
  • livy12livy12 Posts: 2
    I guess it all depends on your credit. They won't tell you what tier you've been approved on the lower the tier (credit tier) the higher the payment. Make sure that your credit is in great shape prior to leasing a car. This way you'll get the best (and lowest) payment possible! :shades:
  • petenhpetenh Posts: 2
    Hey Carman,

    I am in the process of looking to lease a 2010 A4 and have been provided with the following:

    2010 A4
    Deep Sea Blue/Beige
    Premium Plus
    Navigation
    Bang & Olufsen
    18" Sport Package

    42 months, 12K

    MSRP: $43,550
    Negotiated Price: $41,250
    Due at Drive Off: $1,196
    Monthly: $569 (including audi care)

    The following MF & RV were provided on the sheet provided by the dealer. MF of .00074 & a RV of 46%. Is this consistent with your info?

    Any thoughts?

    I am in New Hampshire where there is no sales tax.
  • Hello Car Man
    Looking to lease a 2010 A4 Premium Plus Quattro automatic, 36 months, 12k year. Do you have the residual and MF?

    Thanks for your help
  • Hi all - Reading everyone's posts was really helpful to me when shopping for my lease, so I thought I'd share what offers I received. I ended up choosing another car, but I hope this could be helpful to others.

    I currently have a 2007 A4 Quatro 2.0T Premium Plus, which I leased from Audi of Charlotte. So I started back there in negotiating a lease on a 2010...guess they don't need any business!! They wanted to work out a deal with me based on MSRP: amazing they weren't willing to give me at least my Audi loyalty. For a 2010 A4 Premium CVT, they ended up quoting me about $4200 down + $389/month (not including tax). 42 months/10k miles per year. No deal.

    I used http://amexnetwork.zag.com/main.html to shop around a few other dealers. I highly recommend this site! It helps you drop MSRP and puts you in a great starting negotiation point.

    I got a lot of great offers out of Atlanta. The best came from Gwinnett Audi:
    36 month lease / 10k miles per year
    Sales price on an A4 Premium is $33,050. With the Amex and Audi Loyalty the price is adjusted to $31,459.
    $422.20 (incl. 5.75% NC tax)/month, total due at signing is $505.70

    Best of luck to all!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited July 2010
    Hi petenh. I was about to help you out when I saw this,

    I am in New Hampshire where there is no sales tax.

    Grumble, grumble, grumble. I get to pay plenty of sales tax ;) .

    I kid, I kid. Here you go.

    I believe that Audi Financial Services' new July buy rate lease money factor for a 42 month lease of a 2010 A4 Sedan Premium Plus with quattro is only .00054 for consumers who qualify for its top credit tier. If your credit is in good shape, there's a decent chance that the dealer is trying to mark AFS' buy rate up on you to add additional, hidden back-end profit to your deal. Make sure to insist that the dealer use the buy rate to calculate your car's payment.

    As far as the selling price goes, the car that you described probably has a spread of around $2,800 between its full MSRP and its dealer invoice price. That probably puts the $2,300 dealer discount that you were quoted at right around $500 over invoice, which is a very good deal.

    Make sure that the dealer takes the $750 loyalty cash that is currently available on leases of this model into account if you're eligible for it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings mkraut8s81. Here's the information that you're interested in.

    Audi Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2010 A4 Sedan Premium Plus with quattro and 12,000 miles per year are .00034 and 49%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • mkraut8s81mkraut8s81 Posts: 3
    edited July 2010
    Thanks Car_Man. I've been offered the following deal:

    2010 A4 Quattro Premium Plus with Tiptronic
    Ibis White
    Cardamom Beige
    Navigation
    Wood trim
    Exhaust tips

    MSRP $40,905
    Negotiated price $39,354 plus $489 doc, plus tags and 3% tax

    They quoted me a monthly payment of $589 for 36 months, with $2000 up front, 12k/year, including Audi Care. They quoted me a residual of 50% with Audi Care, 49% without, and a money factor of .00079

    Any thoughts you or anyone else have on this deal would be appreciated

    Marty
  • josh1003josh1003 Posts: 4
    greetings
    New to this forum, so thanks for the help.

    2011 A5 Black on Black
    Premium Plus Package
    Navigation w/Camera
    Sport Package: 19: rims

    Since this car isn't out yet, I believe the price is $45,500 MSRP w/above options.

    I've negotiated 3000 down, 550 a month, 36 months, 12K miles a year.

    Any thoughts would be great.
    Thanks
  • waters96waters96 Posts: 18
    edited July 2010
    Hi Car man or others,

    I could use a little help too.

    Here's the car as quoted by the dealer:
    2010 Audi A4 Sedan 2.0T Auto Quattro
    meteor gray pearl effect
    light gray leather interior
    dark walnut interior inlays
    navigation system
    bang & olufsen premium sound system
    18`` wheels
    premium plus pacakge

    MSRP=$42,900.00
    Our internet sale price is $39,421.00
    residual=$21,021.00 which is 49%
    money factor is .00085
    capitalized cost is $39,421.00
    minimum driveoff is $1235.32
    36 payments at 580.38 plus tax.

    How does this look?

    Thanks
  • angelrafaangelrafa Posts: 1
    edited July 2010
    Hello car man,

    What is the money factor and residual for a 2011 A4 premium plus with 10k and 15k miles? Also, what is the MF and residual for a 2011 A4 prestige with 10k and 12k miles

    Thank you so much
    AR
  • southnumasouthnuma Posts: 4
    edited July 2010
    Is the deal at http://www.southfloridaaudi.com/us_reg/region/miami/miami/south_florida_audi_dea- - lers.html good? Here is the info it gives.

    2010 A4 2.0T Premium
    $349* lease per month for 36 months
    Now through Septermber 6, 2010

    Down payment: $1,979
    Refundable security deposit: $0
    Acquisition fee: $625
    First month's payment: $349
    Amount due at lease inception: $2,953
    Based on MSPR of 33825 and residual of 19,280
    10,000 Miles/yr
    Money Factor????

    The dealer I went to first said they could not go lower because it was a special.

    Also I have a 2007 VW Passat Wolfsburg with 31,000 miles, and Edmunds says it is worth 15,900 for trade in and Kelly was about 15,000, but the dealer said no way could they give me more than 12,800 because that is what their computer told them it was worth based on area sales.

    Help!
  • jayriderjayrider Posts: 3,451
    Can't eval the lease----seems like a lot down but the trade-in on your passat probably reflects the auction averages. They won't exceed that. See if the vw dealer wants it or check automax.
  • sps212sps212 Posts: 1
    Is there any downside to bringing in Audi on a 3 year lease for maintenance check if I have a few dents and scratches that I intend to get repaired by a non-audi shop before lease ends?
  • jayriderjayrider Posts: 3,451
    No problem -- for all they know, you intend to buy the car when the lease is up. By the way, how have you liked your A4. Checked a 2010 out yesterday -- very nice. Still have a year but it is on my list.
  • tweetietweetie Posts: 3
    Hi Guys,

    I've been reading this forum for about a year now and I think I'm gonna jump in and lease my first car. :confuse:

    So I'm trying to buy, I mean lease an Audi and this is what I'm looking at.

    My target prices...
    Audi A4Prestige w/drive assist (39K)
    Or
    Audi Prem Plus w/Nav rear cam (36K)

    Car_man or anyone, would you happen to know the residual and money factor if I wanted to do a 36 month lease with 12K miles for both these cars?

    Also, what's that Audi Total Care Package and should I get that too? Anything else I missed to add onto the lease?

    I'll probably start negotiating this week. Talk to you guys soon. Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello angelrafa. Here's the information that you're looking for.

    Audi Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2011 Audi A4 Premium Plus Sedan with quattro and 15,000 miles per year are .00145 and 55%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical lease of an '11 A4 Prestige Sedan with quattro are .00145 and 48%.

    If you were to lease either of these cars with only 12,000 miles per year, their residual values would be 2% higher. Their 10k residuals are 3% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings tweetie. Here's the information that you're looking for.

    Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 Audi A4 Prestige Sedan with quattro and 12,000 mies per year are .00034 and 44%, respectively.

    The numbers for an otherwise identical lease of a 2010 A4 Premium Plus Sedan with quattro are .00034 and 49%.

    Audi Care is a pre-paid maintenance package that Audi offers on its vehicles. The last time that I checked, Audi provided consumers who opted to get Audi Care with a 1% boost to their vehicles' residual values. This residual value boost helps to offset the cost of the program.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • nptodaronptodaro Posts: 2
    Could you please give me the website for the "Audi Financial Services' July buy rate lease money factor and residual value" for the 2011 Audi A4?

    If not, could you please tell me the money factor and residual value for a 2011 Audi A4 Premium Plus at 36 months (12k miles a year) and 42 months (12k miles a year)?
  • tweetietweetie Posts: 3
    So the prestige has residual of 44% and the premium plus is a better residual with 49%? Or is it the other way around? Thanks for the help car man.
  • kyfdxkyfdx Posts: 31,194
    The prestige has the lower residual.

    Coupled with the higher price, it's hard to make a case for leasing the prestige over the premium plus..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • jcholjchol Posts: 3
    Can anyone confirm $1500 manufacturer's marketing support (as stating in edmunds New Car Incentives and Rebates page) can apply when leasing
    2010 Audi A4? Maybe Car-man can answer this....please...

    As you can see below, I can just ask a dealer about it. But I doubt that they will tell me straight that they have such support from a manufacturer.

    If they do, this will decrease at least $35 monthly lease payment.

    Thank you,
    --------------------
    Manufacturer to Dealer

    Marketing Support

    $1500 Cash to Dealer start: 07/06/2010 end: 09/06/2010

    Restrictions $1500 Dealer Cash may not be combined with special lease or APR support. May be used in conjunction with Owner Loyalty program. See dealer for details.
    Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
  • zkaudiozkaudio Posts: 60
    I am not seeing a lot of lease deals with audi right now... Seems buying with their low aprs may be the way to go.
  • claweaveclaweave Posts: 25
    Any idea what the August MF and Residual will be for a 2010 P+ for a 36/15K lease? Thanks in advance.
  • paperboycccpaperboyccc Posts: 67
    edited August 2010
    I got a quote today for a 2011 A4 Premium MSRP 33,905. Sale price 32,405. Money Factor .0016, Residual 56% for 12k mi (514/mo) or 54% for 15k mi (534/mo) with $1081 due at signing incl 1st month's payment and $0 cap reduction All payments include California 8.75% sales tax
  • evans23evans23 Posts: 14
    Pennsylvania audi dealer quote:

    Term 36 month 10k a year
    Purchase Price: 36590
    MF: .00145
    Residual Value:21,340
    Money Down: 1st payment
    monthly payment 775.71 with PA tax

    When i used the lease calc. i came up with a much lower monthly payment. What should it be based on these numbers?
This discussion has been closed.