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Audi A6 Lease Questions
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I'm not always on the forums, so you can feel free to use the email in my profile for quicker answers.
-Jerry
-Jerry
Thanks for the information. I confirmed that the extra $1500 is in fact in NY as well. After reading your post, I called several other dealers and asked them to match or beat the deal I got ($679 incl. tax for 36mos/15Kmiles w/ FMP+DMV OOP). One dealer actually walked me through the process and told me that the $2000 was a manufacturer to dealer incentive and the $1500 was a capitalized cost contribution.
Translation:
The $2000 is applied towards the negotiated selling price of the car.
The $1500 is basically Audi giving you $1500 to put down on the car which is why my deal required so little out of pocket.
After conferring with other dealers, no one could match the deal I got except maybe for a few dollars off. So I stuck with the deal and could not be happier.
I went to several Audi dealers in Long Island and have done a lot of the legwork, so if anyone wants to benefit from it and pick my brain, feel free to PM/e-mail me or just respond here.
In closing, I'd like to thank everyone in this forum for the immense amount of help they've given me in getting my last few lease deals. Leasing a car is no small task and is a huge commitment but the information given on this forum eases things up a lot. Because of this forum, a few years back I realized that I had to start shopping by which car had the best lease program rather than which car I wanted to get. I think we all are okay with dealers making a fair and reasonable profit, we just want to know what we are being charged for openly and honestly so we can make a rational decision.
This board and others like it do so much to level the playing field between dealers and customers and have totally transformed the car leasing/buying process for so many people. And people like me who are frequent post-readers but seldom post ourselves are the ones that benefit from it. So for that, and to all the people who have helped me and my friends and family save tens of thousands of dollars, I say thank you.
Audi is pleased to offer you $1,500* towards the lease of a new 2008 Audi A6.
*This offer is valid for a limited time only and can be combined with all other current Audi offer including special AFS lease rates. Offer requires financing with Audi Financial Services. New contract must be signed and vehicle delivery taken from dealer stock by May 2, 2008. Valid at participating Audi dealerships in the United States only. For complete details, please see dealer or call 1-800-FOR-AUDI.
please provide any information here or direct me to the correct forum.
thanks
Any thoughts about this lease offer? Is this one to jump on? I know several months ago the offer was $579 with $4k+ due at signing.
After a long time researching lease programs and wanting the A6, I finally jumped on the recent A6 promotion. The Audi money factor has been stellar for a while now but the residuals have always been pretty bad. It seems now that the auto industry is in a monumental slump, Audi's providing what amounts to a $3500 incentive to make its lease programs competitive with those of BMW, Acura, Volvo, etc.
As far as jumping on this deal, I needed a car right away and I thought the Audi was the best car in its class. There are other deals to be had, however. I got quotes on the 528xi, A6 3.2 quattro, RL w/tech, Infiniti M35x, S80 V8 AWD and with the same deal structure, they all came within $25-35/month of one another (All under $680/month including NY tax). Which for me, meant that price was basically a wash and I was free to choose the car based on other factors.
The S80 was heavily promoted the last few months and I'm sure that it will be the cheapest of the bunch when similarly equipped (I priced mine with the V8 instead of the V6).
The RL is probably the best bang for the buck. It comes with the tech package so that pretty much has all the added options you would want in a car.
The Infiniti M35x is a great car but the ride is a bit stiff and having a good friend who has a Murano, the interior felt far too 'Nissan' for me to spend that much money on.
The 528xi is a great car and was the main alternative, but it received poor frontal crash test results from the NHTSA and poor side crash test results from the IIHS, which ruled it out for me.
The A6 was the best balance for me. Best pick by IIHS. 5-star crash tests by NHTSA. Great driving dynamics. Very roomy and luxurious interior. Great standard options and inclusion of Audi Care Plan at a very very minimal cost.
I also had originally considered the Cadillac CTS and the Mercedes Benz E350 but the CTS came out to the same price as the above cars and and I just felt that these cars were a step up. And the E350 was just way too expensive. The only car I didn't really consider because I don't like the brand or the interiors much was Jaguar.
So that's why I chose the A6. Bottom line: There are a LOT of deals out there right now. And in the midsize/large luxury sedan segment, all the cars are relatively similar in price and the dealers/manufacturers know this. Do your research. Make sure whatever decision you make, that you get the best deal. But in the end, drive the car you want to (and will hopefully love to) drive for the next 3 years.
Just my .02
A6 3.2 quattro, Premium pkg, Tech pkg, Cold Weather pkg., Audi Care
MSRP $53,525, invoice$49,833
negot. price $48,892
$3k down includes: $1,025 fees, 1st month payment of $533.82, the rest down payment)
36 month, 12K with MF of .00018 and residual of 50%
monthly payment = $533.82
I think I did OK thanks to this website.
Just wondering where did you get the deal?
I just got quoted the following lease rates for the cvt, non quattro A6:
36 month 15k a year 46% and .00080
24 month 15k a year 54% and .00080
I am a USAA member so I get the car at 1000 under invoice plus any incentives. Can someone clarify the 2000 plus 1500 rebates/incentives and also confirm if the .00080 is right or wrong, as I have seen .00018 and .00033?
Thanks
I think I just got ripped off by a Audi Dealer in San Jose. They did not give me a clear money factor even they told me that the APR % was 2.5%. I signed the contract and need to sign a couple of more paperwork once the car is delivered. Is there anyway I can cancel the contract?
I am paying $920/month for 15k/36mo. This includes taxes. The price negotiated is $900 over invoice for a total of $53,571.
I really need help in getting this renegotiated or cancelled all together. Is there anyway to do this.
Is the $3500 dealer incentive still in effect with a MF of .00018? I am going to raise hell and give the dealer a very poor service if I can't get this resolved.
Thank you in Advanced for all your help! :mad:
You are correct about the dealer incentive and the MF.
$2500 off Invoice Price
and MF .00043 about 1% apr
Are you putting any money down, or trading something in w/ negative equity?
If the car isn't delivered and sitting in your driveway, you can refuse to take delivery.
Some laws state that if a customer never drove a car off the lot, the paperwork can't be enforced unless it hits the curb so to speak.
Also, if signatures are missing, they can't send the paperwork in anyway.
Even w/ no money down on a sign and drive, you should be able to lease a 53-54k A6 for low to mid 700's.
there is actually $3500 in incentives in the NYC area, see above
Great insights on this board - I am hoping to just get to the bottom line and have folks list out what I should expect to pay to lease an A6 in Charlotte, NC. I will be looking for the base car with 36 months / 12k miles per year.
Please let me know what my target cap cost should be when I speak to the dealers. Thanks!
http://www.tristateaudidealers.com/audi/regional_aoa/tristate/AudiA6_LeaseOffer0- 8.html
My guy was upfront about the $3,500 in Audi cash that's available, at least in the DC area. Plus, he said I might qualify for $1,000 more in conquest money for "switching" from another luxury brand (my wife's car is a MB). Not sure if that will pan out, but it's in his interest if it does since I'm happy and he gets the money anyway from Audi. If that's not an option, and you currently drive an Audi, see if they're offering loyalty money instead. I was told there's none right now on the A6, but stay tuned because it moves around
Anyway, assuming all that's true, I don't plan to pay more than invoice (not MSRP) less $3,500. The dealer then makes $1,000 -- which is fair enough. And I'll try to shave $500 off that. I know they want to sell me my car because I had them do all my maintenance for the last 4 years, and that's where the dealerships really make their money these days.
Finally, don't let them make up the reduced sales price on the money factor. I'm not sure what it is right now, but others on this list will know. I do know it's heavily subsidized.
So, in sum, get the dealer invoice price from Edmunds with all the options you want, then reduce it by at least $2,500 (and more if you can qualify for one of the other rebates), and IMHO that should be your target.
Currently, with the incentives on the vehicle and a money factor so close to 0, the current A6 lease really cannot get better as the year moves along (remember, the residual lowers as the model year moves along)
A6 3.2 Quattro
36 MO. LEASE, 12K/YR, TAXES IN PAYMENT,
MSRP: $55815
INVOICE:$51918
Cap Cost:$51061 +AUDI CARE($650)
RESIDUAL: 50%
MF: .00018
Monthly $690
Down: $1500 (Audi cash)
1st month ($690)
bank fee ($575)
CONVEYANCE FEE???(added profit I guess) ($239)
DMV ($155)
Hope this helps some of you get a better deal!
In any case, we're past May 2nd, so the old deal must have expired. I see a new lease deal on the A6, but it's not quite apples to apples. Does anyone know what the component parts are -- especially MF?
As predicted, the lease payments are up compared to last month. Still a good lease though.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
thanks for the info., can you tell me which dealer/saleperson you are dealing with as I am looking for an A6 lease in DC, did not have great experience at a dealer in VA?
If that doesn't work, come back and we can figure out a way to do this off line.
Good luck and let us know how it turns out. I'm not far behind you. My lease expires on July 2nd and I've pretty well decided to get another A6.
A6 3.2 Quattro
Premium package/iPod adapter/Audi care package included
$ 3500 down payment
$ 600/month for 35 months (Audi is picking up the first month's payment)
Lease termination payment of $ 350
No other payments whatsoever
All NJ taxes included in the down payment.
Money factor: 0.00018, RV = 49%
This car ROCKS :-)
CLH
http://www.dcaudidealers.com/audi/regional_aoa/dc/A6_sse.html
2008 Audi A6 3.2 Quattro
$639* lease per month for 36 months
$0 DUE AT SIGNING
Now through July 2, 2008
Down payment: $0
Refundable security deposit: $0
Acquisition fee: capitalized within lease contract ($575)
First month's payment: $0
Amount due at lease inception: $0
Excludes taxes, title and dealer fees
*36-mo. closed-end lease offered to qualified customers by Audi Financial Services through participating dealers. Must take delivery by 7/2/2008. Rate based on $50,425.00 MSRP of 2008 Audi A6 3.2 Quattro with Premium Package (includes destination charge). Purchase option at lease end for $24,204
I notice people here discussing deals different from this, even in the Washington DC area. Is this deal pretty much a rip-off? Or is it a good one that I should pursue? Also, how hard is it to qualify? I do not have much in the way of income or collateral, but I do have excellent credit (770+).
Just completely new to this whole leasing concept....
But now the question is, what are the chances of a dealer honoring these promotions? Oh well, I guess I'll be finding out when I start go shopping in the coming month...
With BMW FS recently hiking lease payments, I think most captive companies are going to follow suit.
-Jerry
Has anyone had any experience with this?
For instance, I'm paying 1/2 % interest, virtually nothing and just a tiny fraction above the subsidized rate that was available for leases at the time. So there wasn't any advantage one way or the other. The tax was a bit higher because I had to pay the whole sales tax at the front end (albeit rolled into my cap cost) rather than the lease tax payment, which is paid in installments as you make monthly lease payments and only applies to the portion of the car's value that you "use" (about half over the life of the lease). But I didn't have to pay any of the lease fees (acquisition and disposition fees). I'm actually in the process of turning in the car, and it's working just like a lease would -- with one added benefit. Audi is willing to finance my balloon payment at my existing subsidized interest rate. And that's way below market. It's even below the subsidized rate on certified used Audis.
When I ran the numbers, this program came out marginally cheaper, so I went for it and have no regrets. But I don't see any reason to do it unless it's cheaper.
Right now, the lease money factor on an A6 3.2 is less than 1%. I don't believe the 4.2 has a similar subsidy, so it sounds like you're getting pretty straight information.