2015 Audi A3 Lease Questions

RonA13

thank you.

johnywess

Can your review this deal for me?
1.8T Premium
MSRP $31,740
Selling Price $29,577
Sales Tax (6.85%) $2046
Doc Fee $299
Registration Fee $226
VTR Fee $250
Out the Door Total $32,399

36/10 Lease with $1813 Down @ $382 or 42/10 Lease with $1813 @ $371

The are saying the money factor is .00074. Does this all sound correct?

Thanks so much!!!

Michaell

johnywess said:

Can your review this deal for me?
1.8T Premium
MSRP $31,740
Selling Price $29,577
Sales Tax (6.85%) $2046
Doc Fee $299
Registration Fee $226
VTR Fee $250
Out the Door Total $32,399

36/10 Lease with $1813 Down @ $382 or 42/10 Lease with $1813 @ $371

The are saying the money factor is .00074. Does this all sound correct?

Thanks so much!!!

36/10 numbers on the 1.8T Premium are .00033 and 57%. Using your MSRP and "Out the Door" amount, I get a pre-tax payment of $414.08/mo.

If the entire $1813 down is cap cost reduction, the payment drops by about $50/mo

What state is this?

emhosf

Hi there,

I'm in California looking at a 36/15 lease on a 2.0T Premium Plus. Will you please review these figures?

Selling Price: $36,500
MSRP: $39,950
Residual: 56% = $22,372.00
Money Factor: .00062

There is also a $1,000 dealer rebate applied.

Zero down yielded a monthly payment of $487.28.

Thanks in advance!

Michaell

emhosf said:

Hi there,

I'm in California looking at a 36/15 lease on a 2.0T Premium Plus. Will you please review these figures?

Selling Price: $36,500
MSRP: $39,950
Residual: 56% = $22,372.00
Money Factor: .00062

There is also a $1,000 dealer rebate applied.

Zero down yielded a monthly payment of $487.28.

Thanks in advance!

You are getting the base MF, so that's a good start. 36/15 on the Premium Plus is 53%; 56% is the 36/15 residual on the Premium trim level.

Where and how is the rebate applied? To the selling price?

johnywess

Michaell said:

Can your review this deal for me? 1.8T Premium MSRP $31,740 Selling Price $29,577 Sales Tax (6.85%) $2046 Doc Fee $299 Registration Fee $226 VTR Fee $250 Out the Door Total $32,399 36/10 Lease with $1813 Down @ $382 or 42/10 Lease with $1813 @ $371 The are saying the money factor is .00074. Does this all sound correct? Thanks so much!!!

36/10 numbers on the 1.8T Premium are .00033 and 57%. Using your MSRP and "Out the Door" amount, I get a pre-tax payment of $414.08/mo. If the entire $1813 down is cap cost reduction, the payment drops by about $50/mo What state is this?

johnywess

I'm in Utah. I have had them run my credit yet but I should be tier 1 without any issues. They did say the money factor they gave me could improve once they see my credit. So I should be shotting for a $364/mo payment or lower for 36/10?  Thanks for the help. 

johnywess

So for all the questions.  When you say "pre-tax payment of $414/mo" did you take the tax amount out of the out the door number?

emhosf

Michaell said:

Hi there, I'm in California looking at a 36/15 lease on a 2.0T Premium Plus. Will you please review these figures? Selling Price: $36,500 MSRP: $39,950 Residual: 56% = $22,372.00 Money Factor: .00062 There is also a $1,000 dealer rebate applied. Zero down yielded a monthly payment of $487.28. Thanks in advance!

You are getting the base MF, so that's a good start. 36/15 on the Premium Plus is 53%; 56% is the 36/15 residual on the Premium trim level. Where and how is the rebate applied? To the selling price?

emhosf

It's applied almost as if it was customer cash/money down. It's not applied directly to the selling price. Does that make sense?

Michaell

johnywess said:

I'm in Utah. I have had them run my credit yet but I should be tier 1 without any issues. They did say the money factor they gave me could improve once they see my credit. So I should be shotting for a $364/mo payment or lower for 36/10?  Thanks for the help. 

Yes, $364/mo is your target.

johnywess said:

So for all the questions.  When you say "pre-tax payment of $414/mo" did you take the tax amount out of the out the door number?

Sorry, I didn't read through your post closely enough. If the out the door number included tax, then so did my payment calculation.

Michaell

emhosf said:

It's applied almost as if it was customer cash/money down. It's not applied directly to the selling price. Does that make sense?

Yes.

icon5585

Have the MF or Residuals changed for June?

Michaell

icon5585 said:

Have the MF or Residuals changed for June?

No.

sykes83

Can you provide numbers for 36/10k on TDI Premium, Premium Plus, and Prestige? Thanks!

kyfdx

sykes83 said:

Can you provide numbers for 36/10k on TDI Premium, Premium Plus, and Prestige? Thanks!

.00065 MF and 59%/56%/54% residual

bd38

kyfdx said:

sykes83 said:

Can you provide numbers for 36/10k on TDI Premium, Premium Plus, and Prestige? Thanks!

.00065 MF and 59%/56%/54% residual

Hello Moderator,

Do I add 1% to the residual if I want numbers for 36K/7.5K ? Looking for AWD TDI Premium, Premium Plus, and Prestige. Thank you!

Michaell

bd38 said:

kyfdx said:

sykes83 said:

Can you provide numbers for 36/10k on TDI Premium, Premium Plus, and Prestige? Thanks!

.00065 MF and 59%/56%/54% residual

Hello Moderator,

Do I add 1% to the residual if I want numbers for 36K/7.5K ? Looking for AWD TDI Premium, Premium Plus, and Prestige. Thank you!

Yes, add 1% to go from 10K to 7.5K

todd

Hi Moderator,

Hoping to get some guidance for the A3 for a complete beginner.

I'm in California and wondering what the money factor and residuals for a 1.8 Premium and 1.8 Premium Plus would be? 10k a year for 3 years and 10k a year for 2 years?

Also, where should I be aiming to start negotiations in terms of % under sticker price?

I'm moving over from Mercedes and wondering how I can leverage that for further discounts or special offers in addition to summer sales event offers?

Hoping to put 0 down and pay less than $400 a month.

Thanks!
Todd

kyfdx

todd said:

Hi Moderator,

Hoping to get some guidance for the A3 for a complete beginner.

I'm in California and wondering what the money factor and residuals for a 1.8 Premium and 1.8 Premium Plus would be? 10k a year for 3 years and 10k a year for 2 years?

Also, where should I be aiming to start negotiations in terms of % under sticker price?

I'm moving over from Mercedes and wondering how I can leverage that for further discounts or special offers in addition to summer sales event offers?

Hoping to put 0 down and pay less than $400 a month.

Thanks!
Todd

.00033 MF and 57%/64% residual for Premium, 54%/61% for Premium Plus.

Usually, 6% off MSRP is a good target price for Audi. This model has an additional $600 rebate, this month. There is also a $500 "conquest" rebate, if your current Mercedes is 2001 or newer.

todd

thanks! so it's definitely possible to combine rebates? and how does that work? i just plug in all the numbers once i have the agreed price as above, then simply minus the rebates ($1100) to the total loan amount?

kyfdx

todd said:

thanks! so it's definitely possible to combine rebates? and how does that work? i just plug in all the numbers once i have the agreed price as above, then simply minus the rebates ($1100) to the total loan amount?

Keep in mind that the dealer will probably quote you a price with the rebates included. Don't ever assume that they are going to subtract from the price they've quoted.

todd

LA Dealer asking price for 1.8T premium with driver assistance, 18 inch wheels, and cold weather package is $34,815. Does that seem wildly inflated? Say I offered $32,000 does this math check out for a 3 year lease including $1100 rebate: 0 down / $398 a month

and 2 year lease including $1100 rebate: 0 down / $488 a month?

kyfdx

todd said:

LA Dealer asking price for 1.8T premium with driver assistance, 18 inch wheels, and cold weather package is $34,815. Does that seem wildly inflated? Say I offered $32,000 does this math check out for a 3 year lease including $1100 rebate: 0 down / $398 a month

and 2 year lease including $1100 rebate: 0 down / $488 a month?

What is the MSRP?

todd

MSRP is $34,815 ($29,900 without packages, options, and $895 destination charge)

kyfdx

todd said:

MSRP is $34,815 ($29,900 without packages, options, and $895 destination charge)

So.. they are asking MSRP? Or, you just haven't made an offer yet?

Use the Make/Model/Year tabs at the top of the page to get the Edmunds TMV price. That will give you a starting point.

todd

i just haven't made any offers yet!

borafsar

Can I please get the 36/15 numbers for 2.0 Quattro Convertible Premium and P+ 2015 and 2016?

Thanks!

kyfdx

borafsar said:

Can I please get the 36/15 numbers for 2.0 Quattro Convertible Premium and P+ 2015 and 2016?

Thanks!

.00073 MF and 52% residual for Premium, 50% for Premium Plus.

No 2016 numbers available

jk1772

I priced an A3 premium plus today (7/2/15).

MSRP 43,520
Cap cost 41,108
Rebate 1,750
Net cap cost 39,358
MF 0.00043
RV 56% at 36/7.5

Works out to $444/mo (which I think checks out).

Can someone please confirm MF and RV as of 7/2?

Also, if I'm paying taxes upfront, is that supposed to be assessed on MSRP - RV, cap cost - RV, net cap cost - RV, or something else? Is there any reason to pay taxes upfront? (dealer defaulted to that).

Finally, dealer is charging $590 admin fee (separate from $695 acquisition fee) upfront - how reasonable is that?

Thank you.

kyfdx

jk1772 said:

I priced an A3 premium plus today (7/2/15).

MSRP 43,520
Cap cost 41,108
Rebate 1,750
Net cap cost 39,358
MF 0.00043
RV 56% at 36/7.5

Works out to $444/mo (which I think checks out).

Can someone please confirm MF and RV as of 7/2?

Also, if I'm paying taxes upfront, is that supposed to be assessed on MSRP - RV, cap cost - RV, net cap cost - RV, or something else? Is there any reason to pay taxes upfront? (dealer defaulted to that).

Finally, dealer is charging $590 admin fee (separate from $695 acquisition fee) upfront - how reasonable is that?

Thank you.

Those are the correct lease numbers (.00043 and 56%).

Can't comment on the taxes, unless we know which state.

$590 seems exorbitant to me... but, you have to look at the total price (selling price + admin fee). If that total price is good, then how they break it down isn't important.

jk1772

kyfdx said:

I priced an A3 premium plus today (7/2/15). MSRP 43,520 Cap cost 41,108 Rebate 1,750 Net cap cost 39,358 MF 0.00043 RV 56% at 36/7.5 Works out to $444/mo (which I think checks out). Can someone please confirm MF and RV as of 7/2? Also, if I'm paying taxes upfront, is that supposed to be assessed on MSRP - RV, cap cost - RV, net cap cost - RV, or something else? Is there any reason to pay taxes upfront? (dealer defaulted to that). Finally, dealer is charging $590 admin fee (separate from $695 acquisition fee) upfront - how reasonable is that? Thank you.

Those are the correct lease numbers (.00043 and 56%). Can't comment on the taxes, unless we know which state. $590 seems exorbitant to me... but, you have to look at the total price (selling price + admin fee). If that total price is good, then how they break it down isn't important.

Thank you.

My cap cost is the sale price (6% off msrp with supplier program) plus $199 after-market charge (I'm going back to my rep to figure out what that is).

I'm going to ask to eliminate the admin fee because that defeats the purpose of the supplier program...

Tax quoted upfront is $1,693.60 for New York, NY registration (8.875% sales tax).  That implies a taxable amount of $19,082 which is approximately equal to 44% of MSRP.  Coincidence?

jk1772

Sorry you can disregard my tax question, I understand how it works now. Need to add back rebates and other fees in NYS for determining taxes owed.

amount tax (8.875%)
lease pmts 15,972.84 1,417.59
rebates 1,750.00 155.31
admin fee 590.00 52.36
doc fee 75.00 6.66
acquisition fee 695.00 61.68
total 19,082.84 1,693.60

kyfdx

jk1772 said:

Sorry you can disregard my tax question, I understand how it works now. Need to add back rebates and other fees in NYS for determining taxes owed.

amount tax (8.875%)
lease pmts 15,972.84 1,417.59
rebates 1,750.00 155.31
admin fee 590.00 52.36
doc fee 75.00 6.66
acquisition fee 695.00 61.68
total 19,082.84 1,693.60

Yeah.. you've got the tax thing right..

I like to roll the taxes in... If you total that car after 3 months, the state isn't going to rebate those taxes.. but, if you roll them in, GAP insurance will take care of it.

mwahlert

Can you please provide July numbers for

A3 premium plus 2.0 TFSI
24/15k
36/15k

Thanks!

Michaell

mwahlert said:

Can you please provide July numbers for

A3 premium plus 2.0 TFSI
24/15k
36/15k

Thanks!

.00043 and 59% or 52%

mwahlert

What rebates/incentives should I be on the lookout for on the 15 a3 2.0tfsi premium plus?

thanks.

Michaell

mwahlert said:

What rebates/incentives should I be on the lookout for on the 15 a3 2.0tfsi premium plus?

thanks.

Use the "Car Research" tab at the top of the page to link to current customer incentives.

No lease cash on the A3.

kwebb164

2015 A3 Premium Plus Cabriolet 1.8T $37,500 36/12K. Curious about current money factor and residual value %??

Michaell

kwebb164 said:

2015 A3 Premium Plus Cabriolet 1.8T $37,500 36/12K. Curious about current money factor and residual value %??

.00045 and 51%

arexree

Hello Michaell and kyfdx,

Can you provide the money factor and residual for a 2015 Audi A3 1.8T and 2.0T Premium Cabriolet? Also, what is the current MSD program for Audi?

Thanks in advance!

Michaell

arexree said:

Hello Michaell and kyfdx,

Can you provide the money factor and residual for a 2015 Audi A3 1.8T and 2.0T Premium Cabriolet? Also, what is the current MSD program for Audi?

Thanks in advance!

What lease term and how many miles per year?

Audi MSD program allows 9 MSD each of which reduce the MF by .00005

arexree

Michaell said:

Hello Michaell and kyfdx, Can you provide the money factor and residual for a 2015 Audi A3 1.8T and 2.0T Premium Cabriolet? Also, what is the current MSD program for Audi? Thanks in advance!

What lease term and how many miles per year? Audi MSD program allows 9 MSD each of which reduce the MF by .00005

Sorry!  This is for a 42 month lease at 12,000 miles per year. I just want to make sure the dealer's residual is correct and money factor is not inflated. Thanks. 

kyfdx

arexree said:

Michaell said:

arexree said:

Hello Michaell and kyfdx,

Can you provide the money factor and residual for a 2015 Audi A3 1.8T and 2.0T Premium Cabriolet? Also, what is the current MSD program for Audi?

Thanks in advance!

What lease term and how many miles per year?

Audi MSD program allows 9 MSD each of which reduce the MF by .00005

Sorry!  This is for a 42 month lease at 12,000 miles per year. I just want to make sure the dealer's residual is correct and money factor is not inflated. Thanks. 

.00065 MF and 47% residual
.00074 MF and 51% residual

hckman

- What is the current MF and RV for 2015 A3 2.0 TFSI Premium sedan? 36 months/15K miles
- How much does going from Premium to Premium plus change the RV
- If I want a 20K mile lease, is it 15 cents extra per mile if prepaid or is there another way to do it (e.g. Mercedes has a 20K lease option which reduces RV by 5%)?

Thanks

Michaell

hckman said:

- What is the current MF and RV for 2015 A3 2.0 TFSI Premium sedan? 36 months/15K miles
- How much does going from Premium to Premium plus change the RV
- If I want a 20K mile lease, is it 15 cents extra per mile if prepaid or is there another way to do it (e.g. Mercedes has a 20K lease option which reduces RV by 5%)?

Thanks

.00043 and 55% for Premium. Subtract 3% for Premium Plus

I believe Audi charges per mile for anything over 15K.

rodascapo

MF AND RESIDUAL PLEASE
2015 A3 PREMIUM 1.8T
42/12

Michaell

rodascapo said:

MF AND RESIDUAL PLEASE
2015 A3 PREMIUM 1.8T
42/12

.00034 and 51%

anon7623

Quick question from someone new.

On a base 1.8 Audi A3 in California, I got the sale price down to 26990 before taxes.


The money factor they gave me is .00044,

The Residual is 55% ( but when they calculated it hey calculated it off the MSRP of $31,315)

With 2500 cash due, 36 mo lease, monthly price is $288.

Does this seem right?


I was wondering if the residual should be calculated off the MSRP or price negotiated from dealer (26990 in this case) The dealer told me the residual was set by Audi and non negotiable.


THANK YOU

Michaell

anon7623 said:

Quick question from someone new. On a base 1.8 Audi A3 in California, I got the sale price down to 26990 before taxes. The money factor they gave me is .00044, The Residual is 55% ( but when they calculated it hey calculated it off the MSRP of $31,315) With 2500 cash due, 36 mo lease, monthly price is $288. Does this seem right? I was wondering if the residual should be calculated off the MSRP or price negotiated from dealer (26990 in this case) The dealer told me the residual was set by Audi and non negotiable. THANK YOU

36/12 residual is 55% and is calculated against the MSRP. It is fixed by the bank. 

Your MF is marked up, however. Base MF is .00014.