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Audi A4 Lease Questions
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My dealer tells me there is a $750 charge for Special Edition A4 with dolphin gray metallic. I know that for the regular versions, some metallic colors cost $475 and others are $750 (including dolphin gray metallic), but I thought the special editions had all metallic colors available and included with no additional charge.
Does anyone know if this is true?
Thanks.
-Jerry
One correction, though. On the Special Editions, the metallic paint that costs $475 (for example quartz gray metallic and silver metallic) is included in the pricing.
MSRP: 44800
selling price: 41061
0 down
monthly 499
mf .00057
residual .56
can anyone tell me if this is on par? it seems to be but im sure im missing something im not so savvy when it comes to this.. 36month 10000mile lease
-Jerry
The saleman tried to tempt me with an A4 6 speed manual SE with iPod
36 months 15K
$470.00 a month zero down
56% risidual
Don't know the money factor (didn't get a chance to ask)
MSRP 33050
Any thoughts. Not a lot of info because they didn't seem willing to negotiate, which I thought very odd.
In addition, the incentive letter I received in the mail was brushed aside without much comment from said salesman.
In my area (SoCal), Cabs have been flying off showrooms due to this lease program so most dealers in my area are going to hold out for slightly better margins. However, in other areas where inventory may be high, you can probably negotiate close to or below invoice (-) incentives.
-Jerry
I have yet to check other dealerships.
$470 month same car 6 speed manual no bluetooth or wood trim
15k 36 months
risidual 56%
Sales price 33050
I 'm monitoring what's being negotiated herein and Jack Daniels seemed disinterested in continuing to KEEP MY BUSINESS. Had I known of this message board prior to my last lease I could have saved literally thousands. Live and learn.
Not this time. Riverside or Paul Miller should be able to negotiate. Seriously, all I hear lately is Audi and BMW commercials.
MSRP: 32,075 (including destination and iPod interface)
Selling price: 29,175
Adjusted cap: 30,400 ($650 Audi Care and $575 Acquisition Fee rolled in)
Residual Value: 16,999.75 (53% w/ Audi Care)
MF: 0.00002
36 months / 45,000 miles
Monthly payment: $373.18 + tax
Due at signing: $0
This was a true sign-and-drive lease, as I did not pay anything at inception. Audi even covered the 1st payment under the current lease special on the SE models. So, I just have to make the remaining 35 payments of $373.18 + tax. I was originally shopping the 2008 Honda Accord EX-L, and the payments came out so close that I ended up going with the A4. The Accords just aren't leasing as well right now because they are in a new model year.
I am very happy with this car and the deal that I got. Audi West Covina was a great dealership, and my salesperson was fantastic. I will be posting a review of this dealership and my salesperson shortly, but if you are shopping for an Audi in the SoCal area and would like the contact info for the person I worked with, I would be happy to provide it to you.
This is my fourth lease in the past three years. I've been happy with each of the deals I got on the other three vehicles, but it was always a painstaking grind to get to the price I wanted. This was completely different; every part of the transaction was a breeze! All of the negotiations were done by e-mail as I preferred, we spoke a few times by phone to work out a couple minor details with the car itself, and he even provided me with a copy of the invoice in PDF format within 10 minutes of me requesting it.
When my wife and I showed up at the dealership, the car was already pulled out and detailed. My salesperson went over the car and all its features with me, then we went inside to sign papers, which were already printed and ready to go. All the numbers were exactly as we had discussed in our e-mail correspondence. My wife and I were at the dealership maybe 30 minutes from start to finish. All-around, the best car buying experience we have ever had.
--Jordan
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-Mike
--Jordan
Did u finally decide on a car and what dealer. I was looking at the Audi A4 summer special in Buffalo, but was slightly alarmed to hear of your disapproval of our local dealer. How was ur experience at Rochester?
I called the Rochester dealer the next day ended up with a 07 A4 quattro premium for 389/ mo with 1400.00 down last day of the month. I didn't have the time to drive all the way to Rochester from Williamsville so the salesman met me in Batavia and delivered the car... very easy to deal with and will be going there to get a 09 A4 in October when my lease on my other car is up!!
I would never deal with the Buffalo dealer again, the people that work there don't really seem to care if you buy a car from them or not.
I just sent over his contact info.
-Jordan
Car_man
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pkwestside@gmail.com
I have e-mailed you both with my salesperson's contact info. Let the board know if you end up buying. Good luck.
--Jordan
I feel like it should be MUCH lower.
Thanks...
Should I be asking for anything more?
How do you convert the MF into a yearly interest rate in order to compare whether its better to finance the car through leasing or purchase?
I figure that if I paid for the car in cash, I'd be foregoing at least an average of 4 or 5 percent return on my money that I would get if I just left the money in the bank over the next 3 years.
I could borrow money from the bank and buy the car -- a car loan costs about 5 percent APY now at my bank.
If the lease money factor comes out significantly below the equivalent of 4 or 5 percent per year APY, I figure it pays to lease ---- especially with Audi kicking in $2K off the lease price.
Am I missing anything?
Audi Lease Rates - May
To convert a MF into an effective APR, you simply multiply it by 2400. I could go into detail about why you use what seems like such a random number, but that is all you really need to know about turning a MF into an APR.
For example, the MF of .00057 is equivalent to an effective APR of 1.368%. As you can tell, this is a very good rate. There is a good chance you would be better off leasing under the current program, as opposed to purchasing. That, of course, depends on your circumstances. Hopefully, this information helps you make your decision.
--Jordan
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Unfortunately, if you are far away from the scheduled end of your A4 lease you will likely find that it is very expensive to get out of it at this point...even to get into a lease of a new RS4.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
MSRP = $44,575 (includes 2.0 AWD cab, with prem pkg, bluetooth, heated front seats, ipod interface and dest. chg.)
Edmunds Invoice Price = $41,511
Dealer says will sell for invoice price (don't know if theirs is different from Edmunds yet and don't know if they plan to add on other charges other than tax, tags, reg.)
In addition to selling for invoice, Audi will subtract another $2000 (conquest/loyalty) off the lease portion of the equation if I lease -- (using the Edmund's invoice price, this brings the lease plus residual total to $39,511 plus tax tags, registration and any etcs.)
Is this good? Any charges etc. I should be aware of?
Thanks
Do I buy from my regular insurance co or Audi?
--Jordan
I'm new to leasing and looking for some feedback and/or advice.
I received a lease quote for a 2008 Audi A4 2.0T FSI quattro automatic with navigation, the convenience package, and the special edition package (premium package that also includes heated front seats and satellite radio with a 12 month free subscription).
The MSRP of the car is $38800, the dealer invoice is $36523, and the sales person would be willing to sell it for $36000. For a 36 month, 10k lease and only $989.50 due at signing, the monthly payment on the car would be $428 plus MA sales tax (5%), making the total monthly payment $449.
The sales person stated that Audi of America is waiving security deposits on all leases for June, in addition to making the first month's payment. The money due is simply the bank acquisition fee and the plates and documentation fee. There would be no other fees associated with starting the lease.
As I mentioned, I'm new to leasing so any thoughts/feedback would be greatly appreciated. Also, I'm interested in 12 or 15k per year. Any idea how much more that might be?
Thanks so much for the help,
MS
Thank you
So here it is: Black/Black, Manual, Quattro Special Edition - MSRP 33300
$1750 - out of pocket
$1000 - trade
Free scheduled maint.
$415 Per month
Thoughts?
If you are trading, u should get less then 415,
MSRP = 44,575
Invoice = 41,924
Sales Price = 40,224
Add Audi Care, Tax and Tags = $42,287
MF = .00057
Also rolling lease acquistion fee of $575 into monthly payments...
Audi will pay first month's lease payment (pretty close to a wash with the lease acquisition fee).
0 down/0 security
I haven't decided on the milage yet...but here are the numbers...
10K miles/ 36 mo = $524 mo and $ 25,408 to buy at end of lease
12K miles/36 mo = $536 mo and $24,695 to buy at end of lease
15K miles/36mo = $560 mo and $24,070 to buy at end of lease
I'd appreciate comments on the deal and suggestions on the milage to go for... i usually don't put over 10K miles a year on my car, but I think I'll want to drive more with a car that will be so much fun to drive. (Mr. Gore... I'm sorry...!!)
Is the price above factoring in the $2,000 Loyalty Cash? If so, you are still $300 above invoice, which may mean you have a little more room to negotiate.
Carter
36 months, 12K
$460 total out of pocket
$405 per month (tax included)