Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Audi A4 Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
24 month Lease
12,000 miles per year
MSRP: $34,135
Total Down: $2,246.32
Total Monthly Payment: $390.11
MoneyFactor: 0.00169
Residual: 75%
Lease End Value: $25,601.25
Does this seem like a good deal? The car is pretty basic but good enough for what I need. I upgraded the wheels, added the sunroof package and heated front seats.
But for what it's worth, after checking with an accountant I decided to go with the one-pay (option 3). Also learned that the 59% residual is about 4% better than the expected value.
This being said, I know nothing of the tax implications for your specific situation. Go with what your accountant says...
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Thanks
The .00139 lease money factor that you were quoted for a normal lease of this car is in line with Audi Financial Services' current buy rate for it. Dealers are not allowed to lease you this car with a lower money factor than this. It is not that bad a rate, it's equivalent to an interest rate of around 3.33%.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
1. MSRP $40,520, dealer invoice $37,553 (excl. $2,500 rebate), sell price $36,720
2. MSRP $40,320, dealer invoice $37,371, sell price $36,566
3. MSRP $39,920, dealer invoice $37,007, sell price $36,202
Want 36 month lease with no down payment, and 15,000 miles/yr. My questions for you are what residual % and money factor should apply (assume I have an outstanding credit rating)? What would you calculate as the monthly payment before tax for each of the above. Thanks for your help, mate.
I am looking for a good deal on an Audi A4 Quattro 2.0T and seem to be getting the runaround from my local dealer.
Here is the lease deal on the Audi website:
2006 A4 2.0T Quattro
2006 A4 2.0 T quattro Sedan
$369 per month
24-month lease**
---------------------------------------------------
Down payment $0
Refundable security deposit $0
Acquisition fee $575
First month's payment $369
---------------------------------------------------
Based on 33060.00 MSRP
Amount due at lease inception $944
This includes 10000 miles a year and residual= $25125.00
Here is the Audi that I am looking at. The sales price is very similar to the MSRP that the lease is based off of but they want $399.00 a month for the same 24 mo lease!
Money factor is: .00195
Here are the details:
10000 miles/yr
Down payment $0
Refundable security deposit $0
Acquisition fee $575
MSRP- $34585.00
Purchase price- $33000.00
Invoice- $32608.50
Options- Siver paint, premium, cold weather, sunroof. (I included these in the above MSRP and purchase price)
Does the .00195 money factor seem high? What is the money factor of the Audi lease listed above my offer? Don't you think that I should be paying around $369.00 for this lease? Thanks to anyone who responds....
In this case, that would be approximately $386/mo... I wouldn't expect to pay the same amount for a more expensive car... though $399/mo. seems like too much, if all of the other variables are the same.
regards,
kyfdx
Host-Prices Paid Forums
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
-dave
Sticker price-34,110 Premium pack, sunrook pkg, 17 inch whls, heated seats, black on black.
Offered me a price of 33, 535
24 month lease
12,000 miles per yr
payment 438.24 per month
Due at signing: 1st payment of 438.24 and tax of 867.72 = $1305.96.
Here is the info I have found, hopefully it will be enough to figure out a starting point on a lease.
I'm looking to lease an '06 A4 Quattro. The price the dealer quoted is $38,085. With these options:
"Light Silver Metallic - Ebony Interior - Front License Plate Holder - Retractable High Pressure Headlight Washers - Cold Weather Package - X M (r) Satellite Radio - Sunroof Package - Premium Package - S Line Sport Package - Preparation and Inspection"
The price on the Audi website with the same options is $38,735. I also looked at Autobytel and they show an invoice price of $35,416 and an MSRP of $38,260. I'm looking to get a 24month lease with 12k miles/year. The taxes in my area are 8.25%.
Any help would be greatly appreciated. As I said this is my first venture into a lease!!!
Thanks!!
The residual and money rate factors are far better on the 06's. The 05.5 still say 05 on the sticker and the leasing companies look at these cars as 1 year old.
Audi has a $399 lease deal on the 06 3.2 models. Checkout the website.
A4 3.2 Quatro
Silver Metallic
Sun Roof
Premium
Sport Suspension
(In Southern Cal)
MSRP=$39,535
Out of pocket $3,150 at signing. $475/ mo for 24 mos. with 12K / year. Mind you, I am upside down on my current car loan for approx. $1,500.
Thanks,
Thank you,
Is there a place on Edmunds.com (or any other website) where I can browse every car manufacturer's current buy rate money factors and residuals for each model? This would be VERY helpful information when evaluating lots of different leases.
As far as I know, there is nowhere else you can go to get all of the information that he provides here.
regards,
kyfdx
Host-Prices Paid Forums
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
WPX - Premium Package
WB6 - Sunroof Package
Dolphin Grey
$33,560 MSRP
$31,875 Gross Capitalized Cost
0.00127 money factor
24 month term
10,000 miles per year
75% residual.
$625 acquisition fee
$0 security deposit
$0 cap cost reduction
Drive off: First month's payment and DMV fees.
The acquisition fee is high but is more than made up by the money factor.
2006 A4 2.0T Quattro AT
Sunroof Package
Quartz Grey
Bose/Sirius
California Car
$34,535 MSRP
$32,105 Invoice
$33,030 Price
I would like to lease for 3 years but realize the AFS deal is for 2 years. What are the respective numbers (monthly, residual, money factor) for 3 and 2 year leases with 10,000 miles?
Thank you!
Looks like you are in SF Bay Area. Carlsen offered 0.00127 MF and 75% residual on 2-year, 10,000 mile lease. Royal (in SF) said they would match deal (but they never quoted exact numbers so I wasn't convinced about their offer). That should provide you with an indication of what is out there in the market.
'06 A4 2.0T quattro quartz grey metallic, 6 speed manual, premium package, sunroof package, technology package, xm radio
$35,810 MSRP
$34,400 cap cost
$27,215 residual (76%)
24 month term/10k miles per year
0.00169 money factor
$575 acq fee
opinions?
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
I just calculated a lease payment on this car using Audi Financial Services' actual lease program and the prices that you were quoted. Even without a larger discount in this car's selling price the payment that you were quoted looks a little high. Using AFS' buy rate lease money factor, I came up with a zero down, pre-tax monthly payment of around $414. It looks to me as though the dealer that you are working with may be trying to mark your car's money factor up to add additional back-end profit to your deal. You may want to do some more negotiating to try to get a lower selling price and to make sure that a money factor of .00139 is used to calculate your car's lease payment.
Car_man
Host
Smart Shopper / Prices Paid Forums
Once you have read the aforementioned articles, you will see that you need to know what this car's lease money factor and residual value are. I can help you out with these numbers. If you were to lease a 2006 Audi A4 2.0T sedan with quattro through Audi Financial Services right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00139 and 75%, respectively.
Let me know if you have any other questions.
Car_man
Host
Smart Shopper / Prices Paid Forums
as far as the lease that you mentioned goes, you never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work give you my opinion on the deal that you were quoted if you let me know what its selling price is.
Car_man
Host
Smart Shopper / Prices Paid Forums
It is in your best interest not to make any sort of down payment when leasing. You can still trade in your BMW if you want to, but have the dealer cut you a check it rather than using rhe proceeds as a capitalized cost reduction. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Audi would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all.
Car_man
Host
Smart Shopper / Prices Paid Forums
P.S. I just noticed how strong this car's 24 month residual values are. They are so strong that even though short leases are normally more expensive than long ones, this might not be the case with this car. Let me know if you want me to give you the 2 year info.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
I have found a used 2005.5 A4 2.0T Front Track CVT, with Premium Package, Bose Audio Package, and the Sport suspension package. It has 2,800 miles on it and is selling for $28,800. The MSRP on it new (according to the sticker I saw) was about $33,000. I found this vehicle in the Los Angeles Area.
Question 1: Is it even possible to lease a used car from an Audi dealership? If so what kind of lease can I expect?
Question 2: Is the price they're selling a "slightly" used A4 reasonable or should I still try and negotiate a lower price still?
Thanks in advance any help would be appreciated, as I'm probably going to jump on this deal unless I hear otherwise.
They are charging me a Bay Area Assn fee of $150 and a preparation and inspection fee of $195. This is included in the 33,030 price which is $925 above invoice (which I am okay with). I am just looking at their fees as part of their profit. They are including a destination charge of $720 and will then be adding an acquistion fee ($575), right? Does the acquistion fee include such dealer prep or is that an Audi fee? I have already given a deposit and ordered the car.
They let you order it and still honor the lease deal which ends at the end of Nov?
I thought you had to take possession within Nov.