2015 Audi A3 Lease Questions

martin112

Hi,

What is the calculation for invoice cost for an Audi S3 premium plus? Is it 7% off of MSRP? Dealer claims that 6% off MSRP is invoice. Also does Audi utilize holdbacks?

Thanks!

kyfdx

martin112 said:

Hi,

What is the calculation for invoice cost for an Audi S3 premium plus? Is it 7% off of MSRP? Dealer claims that 6% off MSRP is invoice. Also does Audi utilize holdbacks?

Thanks!

You can build an S3 using the Make/Model/Year tabs at the top of the page and get the MSRP and invoice prices.

sparky94

martin112 said:

Hi, What is the calculation for invoice cost for an Audi S3 premium plus? Is it 7% off of MSRP? Dealer claims that 6% off MSRP is invoice. Also does Audi utilize holdbacks? Thanks!

Audis have always had a 6% margin, and that is what the sales people are told they have to work with. The A3 and its derivatives does have a 7% spread from invoice to MSRP. Unless the salesperson actually did the calculations of dividing invoice by msrp, he would never know it was different on the a3. All other Audis have a 6% spread. 

bassmiesternj

Can someone provide the following for a 2015 A3 Premium 1.8:

MF:

Residual rate:

Current lease discounts/incentives:

What else should I be concerned with ?

I'm getting lease offers and hope to close by the weekend (1/31/15)

Thanks !

Michaell

bassmiesternj said:

Can someone provide the following for a 2015 A3 Premium 1.8:

MF:

Residual rate:

Current lease discounts/incentives:

What else should I be concerned with ?

I'm getting lease offers and hope to close by the weekend (1/31/15)

Thanks !

.00070 and 56% for 36/15

bassmiesternj

Thanks, does that change with 36/12 or 36/10 ?

Michaell

bassmiesternj said:

Thanks, does that change with 36/12 or 36/10 ?

Add 2% for 12K and 3% for 10K

bassmiesternj

Add 2% to the residual ?
MF stays same ?

Michaell

bassmiesternj said:

Add 2% to the residual ?
MF stays same ?

MF does not change based on miles per year.

celtics23

I "locked in" pricing on an A3 FWD sedan in January that is set for Feb delivery, but I've signed no papers. Has anything changed from Jan to Feb in terms of residual, money factors, dealer rebates, or anything at all that would justify going back to the dealer and asking them to pass the savings to me or restructure the deal based on the changes?

kopchikc

Any new residual/MF numbers for February as of yet? My current lease is up 3/2, so looking to pull the trigger some time in late Feb. Location is NC, interested in an A3 Prestige 2.0 TFSI, 36/15K.

Michaell

kopchikc said:

Any new residual/MF numbers for February as of yet? My current lease is up 3/2, so looking to pull the trigger some time in late Feb. Location is NC, interested in an A3 Prestige 2.0 TFSI, 36/15K.

The current Audi numbers are good until 4/1.

.00097 and 53%

coolsun

Hi - newbie to leasing. Dont have the MSRP or other info.

For 2.0 A3 premium package quattro, got the following quote from Audi Manhattan NY

2700 upfront cost
$299/mo

36 mos/10k miles

Is this a good deal? Thanks!

kyfdx

coolsun said:

Hi - newbie to leasing. Dont have the MSRP or other info.

For 2.0 A3 premium package quattro, got the following quote from Audi Manhattan NY

2700 upfront cost
$299/mo

36 mos/10k miles

Is this a good deal? Thanks!

Without the info you are missing, we couldn't say

coolsun

kyfdx said:

coolsun said:

Hi - newbie to leasing. Dont have the MSRP or other info.

For 2.0 A3 premium package quattro, got the following quote from Audi Manhattan NY

2700 upfront cost
$299/mo

36 mos/10k miles

Is this a good deal? Thanks!

Without the info you are missing, we couldn't say

Heard back from dealer - Msrp is $34,730, residual is $21,185, money factor is 0.00137. Thoughts? Thanks

Michaell

coolsun said:

kyfdx said:

coolsun said:

Hi - newbie to leasing. Dont have the MSRP or other info.

For 2.0 A3 premium package quattro, got the following quote from Audi Manhattan NY

2700 upfront cost
$299/mo

36 mos/10k miles

Is this a good deal? Thanks!

Without the info you are missing, we couldn't say

Heard back from dealer - Msrp is $34,730, residual is $21,185, money factor is 0.00137. Thoughts? Thanks

Residual is marked up the max (base MF is .00097). What is the net cap cost?

What is the full breakdown of the $2700 due at signing?

thekid96

Do you have current MF and residual numbers for A3 2.0 Quatro Premium.? 36 months/12k

Michaell

thekid96 said:

Do you have current MF and residual numbers for A3 2.0 Quatro Premium.? 36 months/12k

.00097 and 60%

rodascapo

Hey guys....Looking for a 2015 a3 lease....
These are the number I got back from dealer here in Miami Florida
What do you guys think?

MSRP: $32,570.00

Selling Price $ 29,615.00

Residual : 58%

Money factor: .00070

Rebates: $1500.00

Total out of pocket $1500.00

Monthly $ 320.00

rodascapo

36m/12k by the way!

rodascapo

Could you tell me the residuan / money factor currently for a 2015 Sedan 1.8t FWD? Is what im getting correct?

Michaell

rodascapo said:

Hey guys....Looking for a 2015 a3 lease....
These are the number I got back from dealer here in Miami Florida
What do you guys think?

MSRP: $32,570.00

Selling Price $ 29,615.00

Residual : 58%

Money factor: .00070

Rebates: $1500.00

Total out of pocket $1500.00

Monthly $ 320.00

rodascapo said:

36m/12k by the way!

rodascapo said:

Could you tell me the residuan / money factor currently for a 2015 Sedan 1.8t FWD? Is what im getting correct?

I confirm both the .00070 MF and 58% for the 1.8T Premium.

With the MSRP and selling prices provided, I get a pre-tax payment of $331.85.

Does the selling price already include the rebate?

rodascapo

I would assume it does. It does sound like a good deal on paper correct?
Car options include
DRIVER ASSISTANCE PACKAGE
ALLUMINUM STYLE PACKAGE

I want to be optimistic but numbers look a little off?

Michaell

rodascapo said:

I would assume it does. It does sound like a good deal on paper correct?
Car options include
DRIVER ASSISTANCE PACKAGE
ALLUMINUM STYLE PACKAGE

I want to be optimistic but numbers look a little off?

My numbers are higher than your dealer quote; what's not to like?

rodascapo

Quick question about OPTIONS ....
Im i able to remove unwanted installed options like
FIRT AID KIT /
CARGO NET /
ALL WEATHER MATS
from the vehicle making it a little more affordable? or are those included regardless if buyer wants them or not? Just trying to get my monthly payment as affordable as possible...:)

Michaell

rodascapo said:

Quick question about OPTIONS ....
Im i able to remove unwanted installed options like
FIRT AID KIT /
CARGO NET /
ALL WEATHER MATS
from the vehicle making it a little more affordable? or are those included regardless if buyer wants them or not? Just trying to get my monthly payment as affordable as possible...:)

I don't think the price of those options will have a material affect on your payment; for every $1000 you save, the payment on a 36 month lease goes down about $28. A few hundred dollars of options will bring your payment down $7-10.

kbad81

can you provide the following residuals and mf all for 36\12:

1.8 tfsi premium
1.8 tfsi premium +

2.0 tfsi premium
2.0 tfsi premium +

thanks.

Michaell

kbad81 said:

can you provide the following residuals and mf all for 36\12:

1.8 tfsi premium
1.8 tfsi premium +

2.0 tfsi premium
2.0 tfsi premium +

thanks.

1.8T Premium - .00070 and 58%

2.0T Premium - .00097 and 60%

Subtract 3% for Premium Plus

jmm003

Thoughts on the following numbers:

2013 Audi A3 2.0T quattro Premium Plus.

Base price: $33,200
Metallic Paint: $ 550
Premium Plus: $ 2,550
Destination: $ 895

MSRP Total: $37,195

Audi Friend and Family Discount Price = Dealer Invoice + $300

Per Dealer the F&F Discount Price = $35,103

NOTE: subtracting the $300 gives a presumed dealer invoice of $34,803

MRSP $37,195 car represents a 6-7% markup from Invoice of $34,803

42 month lease

12k miles per year

Purchase Option [which I assume means residual] = $19,686.85

Purchase Option/Residual = 53% of MSRP $37,195

Location: Upstate New York, which I acknowledge may affect residual b/c of
weather

Lease Rate: $467.94 w/o taxes ------> But this seems high to me.


MSRP: $37,195

Sale Price: $35,103

Residual: $19,686.85

Total Depreciation: $15,416.15

Depreciation/Month [42 months]: $367.05


Sale Price + Residual x MF = Interest/month [w/o taxes]

54,789.85 x MF = Interest/month [w/o taxes]

I don't know the MF, so I scoured the forms and found the closest listed ones for
2.0T quattro Premium Plus

54,789.85 x MF of .00097 [2.328%] = $53.146 + $367.05 = $420.196 = Lease Rate w/o taxes

54,789.85 x MF of .00102 [2.448%] = $55.885 + $367.05 = $422.935 = Lease Rate w/o taxes

54,789.85 x MF of .00152 [3.648%] = $83.280 + $367.05 = $450.330 = Lease Rate w/o taxes


Unless my MF numbers are off, the dealer is marking up the lease rate by at least by $20/month, if not $45/month.

Any thoughts on whether my numbers are off, I'm missing something, the dealer is hiding costs/markups, or I need to bargain harder?

Michaell

jmm003 said:

Thoughts on the following numbers:

2013 Audi A3 2.0T quattro Premium Plus.

Base price: $33,200
Metallic Paint: $ 550
Premium Plus: $ 2,550
Destination: $ 895

MSRP Total: $37,195

Audi Friend and Family Discount Price = Dealer Invoice + $300

Per Dealer the F&F Discount Price = $35,103

NOTE: subtracting the $300 gives a presumed dealer invoice of $34,803

MRSP $37,195 car represents a 6-7% markup from Invoice of $34,803

42 month lease

12k miles per year

Purchase Option [which I assume means residual] = $19,686.85

Purchase Option/Residual = 53% of MSRP $37,195

Location: Upstate New York, which I acknowledge may affect residual b/c of
weather

Lease Rate: $467.94 w/o taxes ------> But this seems high to me.


MSRP: $37,195

Sale Price: $35,103

Residual: $19,686.85

Total Depreciation: $15,416.15

Depreciation/Month [42 months]: $367.05


Sale Price + Residual x MF = Interest/month [w/o taxes]

54,789.85 x MF = Interest/month [w/o taxes]

I don't know the MF, so I scoured the forms and found the closest listed ones for
2.0T quattro Premium Plus

54,789.85 x MF of .00097 [2.328%] = $53.146 + $367.05 = $420.196 = Lease Rate w/o taxes

54,789.85 x MF of .00102 [2.448%] = $55.885 + $367.05 = $422.935 = Lease Rate w/o taxes

54,789.85 x MF of .00152 [3.648%] = $83.280 + $367.05 = $450.330 = Lease Rate w/o taxes


Unless my MF numbers are off, the dealer is marking up the lease rate by at least by $20/month, if not $45/month.

Any thoughts on whether my numbers are off, I'm missing something, the dealer is hiding costs/markups, or I need to bargain harder?

The 42 month MF is .00117; with your MSRP and net cap cost, I get a pre-tax payment of $430.56.

Dealer is allowed to mark up the base MF to increase their profit; it's possible that's what's happening here.

jmm003

Michaell said:

The 42 month MF is .00117; with your MSRP and net cap cost, I get a pre-tax payment of $430.56.

Dealer is allowed to mark up the base MF to increase their profit; it's possible that's what's happening here.

I have a hunch that when I presented the F&F discount, the dealer marked up the MF to compensate.

Using MF of .00117 and original MSRP [no discount] I calculate a pre-tax payment of $482.16

Using MF of .00117 and F&F discount, you calculated a pre-tax payment of $430.56

I was quoted $467.94.

To get to a pre-tax payment of $467.94, I calculate the MF to be above .00182. In other words, above 4.3%.

Note that the dealer quoted an APR of 2.9% to purchase the same vehicle [$2,400 down, 60 month term].

Comparing the two, is the MF abnormally high compared to the APR? Is it fair to compare the MF on a lease to an APR on a purchase? In other words, is this a good bargaining point to use with the dealer?

Michaell

jmm003 said:

Michaell said:

The 42 month MF is .00117; with your MSRP and net cap cost, I get a pre-tax payment of $430.56.

Dealer is allowed to mark up the base MF to increase their profit; it's possible that's what's happening here.

I have a hunch that when I presented the F&F discount, the dealer marked up the MF to compensate.

Using MF of .00117 and original MSRP [no discount] I calculate a pre-tax payment of $482.16

Using MF of .00117 and F&F discount, you calculated a pre-tax payment of $430.56

I was quoted $467.94.

To get to a pre-tax payment of $467.94, I calculate the MF to be above .00182. In other words, above 4.3%.

Note that the dealer quoted an APR of 2.9% to purchase the same vehicle [$2,400 down, 60 month term].

Comparing the two, is the MF abnormally high compared to the APR? Is it fair to compare the MF on a lease to an APR on a purchase? In other words, is this a good bargaining point to use with the dealer?

I've never found it useful to compare purchase APR to lease MF .. some months, the marketing folks want to promote buying and will set up a low APR; other months, they promote leasing with a low MF and higher than normal residual.

Rarely are they the same .. you should run the numbers both ways and go whichever direction makes the most sense to you.

maxb1

Hey everyone

Wanted to get your thoughts on this deal that I got over email in MA:

The initial deal was for a $36080 car, leased at $397 per month with nothing out of pocket except for first months payment. However, after I received all the info and a little back and forth, seems we agreed on the following

MSRP 36080
Sale price 31000
Fees 1233
Cap Cost 32233
Residual 20926
MF .00097
Sales Tax 6.25%


388.50/month

Thanks
Max

Michaell

maxb1 said:

Hey everyone

Wanted to get your thoughts on this deal that I got over email in MA:

The initial deal was for a $36080 car, leased at $397 per month with nothing out of pocket except for first months payment. However, after I received all the info and a little back and forth, seems we agreed on the following

MSRP 36080
Sale price 31000
Fees 1233
Cap Cost 32233
Residual 20926
MF .00097
Sales Tax 6.25%


388.50/month

Thanks
Max

My numbers are spot on with yours ... enjoy your new Audi!

maxb1

thanks MIchaell!

kbad81

maxb1 said:

Hey everyone

Wanted to get your thoughts on this deal that I got over email in MA:

The initial deal was for a $36080 car, leased at $397 per month with nothing out of pocket except for first months payment. However, after I received all the info and a little back and forth, seems we agreed on the following

MSRP 36080
Sale price 31000
Fees 1233
Cap Cost 32233
Residual 20926
MF .00097
Sales Tax 6.25%


388.50/month

Thanks
Max

Do you know what rebates were included to get you to that $31000 figure?

docswede

Looking to lease Audi A3 2.0 Premium Plus convertible, 24/10 or 36/10. What are the MF and residuals?Live in Los Angeles. Thank you!

kyfdx

docswede said:

Looking to lease Audi A3 2.0 Premium Plus convertible, 24/10 or 36/10. What are the MF and residuals?Live in Los Angeles. Thank you!

.00122 MF and 64%/57% residual

maxb1

I think just the conquest, on the rebate

eponfan

Hi,

Would anyone be able to provide the MF and Residual for a 2015 S3 Premium Plus sedan at 12K/36 or 15K/36 in New Jersey? Thank you in advance!

brando384

I visited my local Audi dealer this evening to inquire about a European Delivery on a '15 A3. We priced out a Prestige 2.0 TFSI, 39-month lease, 10k miles. I was quoted .0167 money factor and 54% residual, which seem off from what I'm reading on here.

Can somebody tell me what the money factor/residual should be on a 39-month/10k mile lease? Does it differ for a 36-month/10k miles? Curious to know if rates change between a 2.0 Prestige vs. 2.0 Premium Plus.

Thanks for your help!

brando384

Also, I've read that Audi gives 5% off MSRP for European Delivery. Anybody ever hear of getting a better deal than that?

kyfdx

eponfan said:

Hi,

Would anyone be able to provide the MF and Residual for a 2015 S3 Premium Plus sedan at 12K/36 or 15K/36 in New Jersey? Thank you in advance!

.00102 MF and 57%/55% residual

kyfdx

brando384 said:

I visited my local Audi dealer this evening to inquire about a European Delivery on a '15 A3. We priced out a Prestige 2.0 TFSI, 39-month lease, 10k miles. I was quoted .0167 money factor and 54% residual, which seem off from what I'm reading on here.

Can somebody tell me what the money factor/residual should be on a 39-month/10k mile lease? Does it differ for a 36-month/10k miles? Curious to know if rates change between a 2.0 Prestige vs. 2.0 Premium Plus.

Thanks for your help!

.00117 MF and 54% residual.

.00097 MF and 56% residual for 36mo, 10K/yr.


Premium Plus residuals are 2% higher.
Your dealer is marking up your money factor.

brando384

kyfdx said:

brando384 said:

I visited my local Audi dealer this evening to inquire about a European Delivery on a '15 A3. We priced out a Prestige 2.0 TFSI, 39-month lease, 10k miles. I was quoted .0167 money factor and 54% residual, which seem off from what I'm reading on here.

Can somebody tell me what the money factor/residual should be on a 39-month/10k mile lease? Does it differ for a 36-month/10k miles? Curious to know if rates change between a 2.0 Prestige vs. 2.0 Premium Plus.

Thanks for your help!

.00117 MF and 54% residual.

.00097 MF and 56% residual for 36mo, 10K/yr.


Premium Plus residuals are 2% higher.
Your dealer is marking up your money factor.

Thanks! Just to confirm:

.00117 MF and 54% residual on 39 month, 10k/year
.00097 MF and 56% residual on 36 month, 10k/year

Michaell

brando384 said:

kyfdx said:

brando384 said:

I visited my local Audi dealer this evening to inquire about a European Delivery on a '15 A3. We priced out a Prestige 2.0 TFSI, 39-month lease, 10k miles. I was quoted .0167 money factor and 54% residual, which seem off from what I'm reading on here.

Can somebody tell me what the money factor/residual should be on a 39-month/10k mile lease? Does it differ for a 36-month/10k miles? Curious to know if rates change between a 2.0 Prestige vs. 2.0 Premium Plus.

Thanks for your help!

.00117 MF and 54% residual.

.00097 MF and 56% residual for 36mo, 10K/yr.


Premium Plus residuals are 2% higher.
Your dealer is marking up your money factor.

Thanks! Just to confirm:

.00117 MF and 54% residual on 39 month, 10k/year
.00097 MF and 56% residual on 36 month, 10k/year

Correct.

eponfan

kyfdx said:

eponfan said:

Hi,

Would anyone be able to provide the MF and Residual for a 2015 S3 Premium Plus sedan at 12K/36 or 15K/36 in New Jersey? Thank you in advance!

.00102 MF and 57%/55% residual

Thank you very much!

nova3sig

Thankyou to those of you who always answer the questions posted on this thread!

looking for MF and residuals...

2015 A3 Premium Plus for 10k/36mo with top tier credit

Thanks

Dan

Michaell

nova3sig said:

Thankyou to those of you who always answer the questions posted on this thread!

looking for MF and residuals...

2015 A3 Premium Plus for 10k/36mo with top tier credit

Thanks

Dan

1.8T FWD - .00070 and 56%

2.0T Quattro - .00097 and 58%

jdogg1413

I am looking to lease a 2015 Audi A3 Premium Plus (1.8T or 2.0T). Can someone please give me the money factors and residual percentages for a low-mileage lease (7500 mi/yr) for the following terms: 36 mo, 39 mo, and 42 mo. I have a 780 credit score. I am located in PA if that matters. Thanks in advance!