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Audi A8 Lease Questions

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  • jescuejescue Posts: 521
    Nashville. This is a sold order, but we are waiting on residuals.
  • Huntington,New York
  • Car_man,

    Can you tell me what the current money factor and residuals are for the A8L?

    Thanks,
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I sure can, nygxdriver. You never mentioned what term or mileage allowance you are interested in, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Audi A8L with 15,000 miles per year are .00048 and 41%, respectively. Good luck in your quest for a new A8, it's a really nice car.

    Car_man
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  • shawn757shawn757 Posts: 124
    Are there any good leases on this car anymore? I have not seen one for a long time? Why isn't Audi proving any support for their A8 leases?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi shawn757. Audi pulled the plug on its special lease program for the A8. This car's residual values are so terrible that they probably figured that it was too expensive to provide a reasonable lease program on it. A 36 month, 15k resid of 37% is pretty darn bad. Instead of lease support, Audi is currently providing $8,000 dealer cash on long wheel base A8 models plus an additional three grand on units that have been sitting on dealer lots for a really long time.

    Car_man
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  • shawn757shawn757 Posts: 124
    Thanks for the info. My question is car man is that 0.9% finance rates compatible with the dealer cash? Also what about the 2009 models? What is the residual for 15k and money factor?
  • Anyone know the current residual and MF for Audi A8? 2009 model? I want 15K
  • Hi shawn757. Unfortunately, I believe that the dealer cash is not compatible with the 0.9% special financing rate.

    Car_man
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  • Hey shawn757. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 A8 4.2 with 15,000 miles per year are .00301 and 36%, respectively. the numbers for an otherwise identical lease of a 2009 A8 are .00048 and 40%.

    Car_man
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  • shawn757shawn757 Posts: 124
    Car man,
    Is this october lease rates for the 2009 model? Also are there any dealer incentives available on the 2009 model which is compatible with the lease rates?
  • Hello shawn757. Audi Financial Services' current buy rate lease money factor for a 36 month lease of a 2009 A8L is .00049. Audi is not currently providing any cash incentives on the '09 A8.

    Car_man
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  • aeggroupaeggroup Posts: 131
    Hello.
    I have a chance to lease used ( 2007 ) A8 for 36 months, 10K a year for $800 a month. This car comes with 100,000 miles 6 years warranty. Total out of pocket at sign in about $2400 ( including first payment ). Does it make sense to lease used car for this price ? Car looks perfect inside and out.

    Thank you.
  • Just purchased a 2005 A8L with 55K for 23000. Absolutely love the car. First time owner of a luxury vehicle.After three tours of Iraq decided to treat myself.Was wondering if i could get some ownership pointers...I am learning quickly that these autos are a bit more 'spensive than than the chevy.HAHA
  • i'm shopping now for a 2009 A8L. made a firm, very reasonable offer to multiple dealerships in nj, all of whom said they'd be "losing money" on the deal. apparently, there's no "cash back" from Audi to the dealerships. also, even the dealerships seems to discourage leasing these cars. the rates are not very favorable. anyone know of any incentive programs coming up for February?
  • thbellthbell Posts: 15
    Carman: I'm interested in leasing a 2009 Audi A8L through Audi Financial Services right now for 36 months and 10,000 miles per year. Can you give me the money factor and residual?

    A dealer in the New York metropolitan area is offering me a 36 month lease for 10K per year on a A8L with 19" wheels and a cold weather package for $1,535.25 per month (taxes rolled into the payment), with no money down and the first payment waived (i.e., just 35 payments over the lease term). What do you think of this?

    Many thanks!

    THB
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi thbell. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 A8L with 10,000 miles per year are .00126 and a horrible 40%, respectively.

    I would be happy to give you my opinion of this deal, but it would be easier for me to do so if you would provide me with this car's MSRP and selling price first.

    Car_man
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  • thbellthbell Posts: 15
    Car_Man: Thanks for getting back to me. The quote has changed a little with further discussions.

    The 2009 Audi A8L comes in Phantom black with amoretto leather with tha cold weather package and the ventillated/massage front seats. The MSRP of this car is $81,175 and the dealer is quoting a selling price of $77,648. A 36 month lease with 10,000 miles per year, including Audi Care and sales tax, comes to $1490 per month. Audi will make my first payment if I sign up before July 5th. ), so the amount due at signing would be $1091.41 consisting of the bank fee and DMV fees. Let me know what you think.

    Many thanks!

    THB
  • thbellthbell Posts: 15
    Car_Man: For what it's worth, I've had several Audi dealers tell me that the 36 month residual on an A8L lease is 38% for both 10K per year and 12K per year leases (and one has even faxed to me AFS documentation showing this). Apparently, in contrast to the other Audi models where the 36 month residual for a 10K lease is 3% higher than for a 15K lease, the 36 month residual for a 10K lease of an A8L is only 1% higher than for a 15K lease (where the residual is only 37%). You can improve the residual by 1% if you purchase Audi Care (which essentially pays for itself).

    THB
  • thbellthbell Posts: 15
    Car_Man: Any thoughts on my message #110? I'm thinking that I should be able to get a little more of a discount on the selling price of the A8L, maybe down to $77,250? What do you think?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi thbell. Nearly $1,500 per month is a ton of money to spend on a new vehicle (especially in today'ss economic environment), but that's the price to play at the top end of the sedan segment. A 7-Series or S-Class would be over a thousand bucks per month as well. If it was me, I personally would lease a nice new 5-Series or E-Class and pocket the difference but we all have our own budgets. They just seem like more bang for the buck to me.

    Audi is currently providing $2,500 loyalty cash or $2,000 conquest cash on leases of the '08 A8. It's likely that you qualify for one of these incentives. Plus this car probably has a spread of around $5,500 or so between its full MSRP and its dealer invoice price. That's a total of $7,500 to $8,000 to play with in your negotiations. You are only being given a $3,500 discount on this car. I personally would want a larger discount if I was in the market for one.

    Car_man
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  • thbellthbell Posts: 15
    Car_Man: Thanks for the feedback. I hear you on the bang for the buck front. I currently drive a A6, and it's a great car for a lot less money. But I need the large back seat for long distance driving with the family.

    On the price front, please tell me if I'm thinking about this right. As I see it, the dealer has offered me about $3,500 off list price. I'm also getting the $2,500 Audi customer loyalty discount and Audi is making my first lease payment (worth about $1,500). So, if I negotiate a further $500 price reduction, that would total to $8,000 in discount, right?

    Many thanks for your help. It's a great forum!

    thbell
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    No problem, thbell. I didn't realize that the dealer was giving you the $2,500 in addition to the $3,500 dealer discount. That makes this deal look a lot better. Still, I wouldn't be surprised if you were able to shave another $500 to $1,000 off of the selling price.

    Car_man
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  • Hey guys,
    I just wanted to give everyone an update on my Audi experience in Virginia. I have a 2007 BMW 530xi coming off lease. Although I was happy with my car, I was looking to upgrade. I looked at an Audi A8L a few weeks ago. There was one in the showroom, with the B&O audio/Sport package, etc, for an MSRP of around 89,000, and we negotiated to around 84,500. The lease options were very unattractive with residuals of about 40%. The sales manager bascially said that some companies, i.e. BMW, create incentives that favor leasing vs Audi, which seems to encourage buying outright. I am aure I could have gotten more of a deal but I just found it hard to justify buying or leasing a car with that much depreciation. I finally settled on a BMW 550.
  • shawn757shawn757 Posts: 124
    Car Man,
    Can you give me the AFS lease rates for the A8 42 MONTHS AND 39 MONTHS FOR 15K miles a year. Also is Audi providing any cash on this car other than the $1500 loyalty? They provide conquest right? Can the conquest and loyalty be used together?
    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I sure can shawn757. Audi Financial Services' July buy rate lease money factor and residual value for a 39 month lease of a 2011 A8L with 15,000 miles per year are .00036 and 41%, respectively for consumers who qualify for its top credit tier.

    The $1,500 loyalty / conquest offer on leases ($3,000 on purchases) is the main cash incentive on this car right now. I doubt that they can be combined though.

    Car_man
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  • Car Man,

    Thanks for your hard work, Im a fan of your posts.

    Can you give me the AFS lease rates for the 2012 A8L for 36 MONTHS /15K miles a year. Also is Audi providing any cash on this car for new owners coming from 2008 LS460?

    I know they were doing that for the '11 MY a few months back, but Im not sure if it carried over to the '12 models.

    Thanks
  • You're welcome and thank you adam0776.

    Audi Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2012 A8L with 15,000 miles per year are .00118 and 47%, respectively for consumers who qualify for its top credit tier.

    Yes, Audi does have a cash incentive on the '12 A8 for current Lexus owners. It's $1,500 on leases and $3,000 on purchases.

    Car_man
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  • Car Man,
    You always have the info.
    Do you have the money factor and residuals for 36/39/42 with 15k/year? Do you recommend waiting a few months or jumping in now as I know the 2012's just arrived...
  • dons66dons66 Posts: 1
    Does Audi offer a 48 month lease on a 2012 a8 l if so what is the money factor and residual with 12k per year.
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