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Audi A8 Lease Questions

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  • Hi joannb99. Audi Financial Services' September buy rate lease money factor and residual value for a 42-month lease of a 2013 A8L 3.0 with 10,000 miles per year are .00060 and 49%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • Looking at '13 A8L - 36 month lease. (virgin leasor) I know there is a down payment, monthly factor, and residual, looking at 15k per year. What are some rough numbers on the car if the MSRP is about 96k before taxes? also any advise, was going to search via internet in my area to find the best dealership?
  • I am also looking to lease a 2013 short wheel base A8 with MSRP of around 95k in Southern California.

    Lease Details: 15k/year, 42 months

    Can you please provide the moneyfactor and residual?

    Thank you for your help.
  • how does one go about negociating the innitial up front cost, and how does that fit into the lease equation? Or what is reasonable on a $95,000 MSRP and a 36m 12k/year lease?
  • Greetings parrot12. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    You can look up this car's MSRP and dealer invoice price over in the New Vehicle Pricing section of Edmunds.com. Let me know what these numbers are and I'll gladly use Audi's current lease program to work up a payment on this car for you.

    Car_man
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  • Here's the information that you are looking for archie2010. According to the latest information that I have seen, if you were to lease a short wheel base 2013 Audi A8 3.0 through Audi Financial Services' right now for 42 months with 15,000 miles per year, its buy rate lease money factor and residual value would be .00092 and 46%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • Hey parrot12. Ideally on a lease you should pay as little money upfront as possible. I always advise consumers not to make any sort of capitalized cost reduction on leased vehicles. Consumers who make large down payments on leases risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it's much safer to go with a zero down lease. At signing, most banks require lessees to pay their vehicle's first month's payment, an acquisition fee...which in Audi Financial Services' case is $695, possibly a security deposit and certain state taxes or fees. Some of these things, like the acquisition fee can even be rolled into the cap cost and not paid at signing.

    The bottom line is try to lay out as little out of pocket initially as possible when leasing.

    Car_man
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  • ajkajk Posts: 13
    Car_man

    I want to see if I can reach for the A8L. Can you tell me what the MF and residual is for a 30 and 36 month lease, 10 miles please? Do you know if they are still including maintenance with it?

    Thank you!
  • Hey ajk. Audi Financial Services November buy rate lease money factor and residual value for a 30-month lease of a 2013 A8L with 10,000 miles per year are .00040 and 56% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00040 and 53%.

    Yes, Audi is still offering free maintenance on the A8. There's $3,000 to current owners of Audis and competitive luxury models as well. And they're waiving the first month's payment on leases.

    Car_man
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  • I am likely going to purchase or lease a 2014 A8L. I'd like to know a few things Car man, if you don't mind:

    1) Is there a certain time of year that lease prices are worst or best? (are the rates typically highest at the beginning of the model year to gouge the excited new buyers?)

    2) Is the only real hope that a guy has to get a good monthly lease price to negotiate a lower purchase price for an A8L from a dealer in the USA? i.e. are these money factors and residuals pretty much non-negotiable?

    3) How are you privy to these numbers? Is there a better way to find out what the current numbers are, other than bugging you with questions? I was considering following rates this year and expecting them to be similar next year.

    thanks,

    someguy
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    edited November 2012
    Hi someguy. typically the end of the year is the very best time to get a good deal on a new vehicle. Of course this is a generalization and exactly when the best possible deal is available on any one specific model can vary.

    Vehicles' residual values are not negotiable. Money factors are only partially negotiable in that dealers cannot offer consumers lower factors than banks' buy rates...however they are often allowed to mark vehicles' rates up to add additional hidden, back-end profit to deals. This is why it is important for consumers to know what they buy rate money factor is on their vehicle before finalizing their deal. After that, as you mentioned it is important to negotiate an attractive selling price.

    I am not aware of any resource that provides detailed information on banks' actual lease programs to the general public.

    Car_man
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  • topgun7topgun7 Posts: 409
    Hi carman, what is the money factor and residual for a 2013 A8 4.0T for 36 months 12kmi/year? I own an Infinity M37, does it qualify for the $3000 conquest cash that you mentioned?
  • Car_Man-

    I recently asked for a quote on a 3 year, 36,000 mile one-time pay lease (i.e., I pay one payment at lease inception) on a A8L 3.0. The resulting proposal utilized a 53% residual value and a .00045 money factor (1.08%). My car would have AudiCare which I understand adds to the residual assumption.

    Can you please give me guidance as to whether (i) the 53% residual value assumption is in line with current Audi Financial numbers and (ii) whether you view the .00045 money factor as attractive or do I have room to negotiate? I have been able to secure a pretty good deal on the purchase price of the car, thus it is these two assumptions that I am trying to verify are at market.

    Thanks for your help.
  • lbs3lbs3 Posts: 1
    Car_Man can you give me the money factor and residual for a 36 month, 15,000 mile lease on a 2013 A8 3.0T? I've been browsing these forums for a few months, thanks for the great info!
  • Hey topgun7. How have you been? I hope that you're doing well. Audi Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 A8 4.0T with 12,000 miles per year are .00080 and 50% for consumers who qualify for its top credit tier.

    Yes, Infiniti is one of the brands that is eligible for the conquest cash offer.

    Car_man
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  • Greetings cloudwalk1. the 53% residual value that you were quoted is correct. Audi Financial Services' current buy rate lease money factor for a normal 36-month lease of a 2013 A8L 3.0 is only .00040. Plus there is a .00100 money factor reduction for 3-year pre-paid leases. Of course, your money factor can never go negative. AFS' minimum money factor is .00005, so that's probably what should be used for a pre-paid lease of this model. In any event, the money factor that you were quoted is too high.

    Car_man
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  • Thanks lbs3. I'm glad that you like the forums.

    Audi Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 A8 3.0T with 15,000 miles per year are .00072 and 50% for consumers who qualify for its top credit tier.

    Car_man
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  • topgun7topgun7 Posts: 409
    36-month lease of a 2013 A8 4.0T with 12,000 miles per year are .00080 and 50% for consumers who qualify for its top credit tier.

    Car_man, thanks for the quick response.. Looks like the 50% residual is going to be a deal breaker.. May be I should look for an S7 which has the same 4.0T engine 8-). I am doing great. I retired since 2006 (I was 46 then 8-)) and with your help I got an 08 Lexus LS460 as my retirement car. I traded then in for an Infinity M37 (with your help also.. see the trend 8-))and now I am looking for a post retirement-retirement car 8-). I may have to bother you later in different sub forum here.. I really like BMW and Audi cars this year. Next year, Mercedes cars with the new engines and electronics will be quite exciting too.. I don't know if I can hold on until then 8-) but I will try. Talk to you soon.
  • Wow you retired at 46 and are getting an A8. Good for you :shades: ! Are you hiring ;) ? See you around the boards. Happy Holidays!

    Car_man
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  • mancavermancaver Posts: 3
    edited December 2012
    Hi Car_Man--I have been an avid reader of these forums recently; you have been a great help in my recent purchase of a BMW X3 35i (in September) and just two weeks ago a beautiful silver Audi A8 4.0 short wheelbase. For what it's worth, I thought I would share the details for the good of the order: ice silver metallic, black interior, convenience package, driver assistance package, comfort package, LED headlights, 20" 10-spoke wheels w/all-season tires, cold weather package, media cable, all-weather floor mats and Audi Care. MSRP is $93,865; negotiated sales price: $85,527 (includes $3,200 preferred equipment credit and $3,000 bonus, $2,138 price reduction); 36 month lease at 15,000 miles per year; money factor is 0.0008 and residual is $44,426. No security deposit, and Audi made first lease payment. Zero dollars paid at time of purchase. Thank you for all of your help.
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