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Good luck,
mabubba
I am curious as to what the April lease rates are on the A4s... (money factor, residuals, incentives? etc..) I have been trying to lease a 3 series BMW for the last month (couldnt find options/ color)...did not consider AUDI..suddenly a friend of mine pulls up in the new grey (2006?) A4 1.8...i was in shutgun, LOVED IT. Before walking into dealer to test drive, need to get armed with lease rates. Any info?
Thank you very much
Skimo
2005 A4 3.0 Quattro V6 Engine
6 Speed Manual
Light Silver Metallic
Premium Package
Sport Package
Cold Weather Package
Audi music system
Pirelli Tires
MSRP 39,300
Invoice 36,400
Is this a good deal? Let me know.
Thanks
12K Miles/yr (58% residual)- 36 months - $34644
Cash due at signing = $1500, Tax, tags, Acq fee, 1st month payment
They quoted me $483/mo with a residual of $20225, 3.6% money factor figured in.
$483*36=$17388
$34644-17388 = $17256.
Price of car $34644 minus residual $20225 = $14419/36 = $404
Doesn't make sense. Am I missing something??
Finance charge... That 3.6% money factor... I assume that means a money factor of .0015... That would be about $78/mo., given the numbers you supply.
regards,
kyfdx
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The MSRP is $34870
What are the advantages of the Premium Purchase Program?
Was $32929 the Gross Cap Cost?
What state are you in?
My first time leasing and I'm just beginning to gather pricing. From what I've received so far, this looks like a great deal.
Does anyone know about these fees? Are they real. Does this sound like a good deal otherwise?
They use a "money factor".. 3.6% equates to .0015 money factor..
The formula is:
money factor X (residual + cap cost) = monthly finance charge.
You are basically paying 3.6% interest on the average outstanding loan balance which is (cap cost + residual) / 2
regards,
kyfdx
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I ended up paying about $2,000 below invoice (note- your actual deal may vary as timing, financial conditions, market prices, and inventory may effect your actual purchase price) but more importantly - I was and am completely satisfied with the entire purchase process. And, getting a FULL tank of gas at $2.89 a gallon is pretty nice too.
Thanks in advance.
Otherwise, the $100 over invoice is a good deal, but if it doesn't have all of the options you want, then it's not a good deal at any price. If he's willing to sell it to you for only $100 over invoice, then he's obviously had a hard time selling it.
Interesting piece of info- The 36 month lease payment on a loaded 2006 A3 2.0 DSG was $4 HIGHER than the 36 month lease payment on an 05 S4 AT with the same money down. They have a special on 05 S4's, but that seems like a bit of a problem for the A3. The 35K car costs more then the 53K car...They have absolutely ZERO incentive of A3 leases. The residual is 50% and the money factor is about 8.5%.
Leasing Forum
I currently own a A6 2.7T and I started looking at the new A6, M35X and the RL but couldn't convince myself that they were worth the extra money. I didn't need the extra space since it is only me in the car 95% of the time. I didn't look at the new 3 series because I have never liked the experience at any of the local BMW dealers. They seem to think that I should be honored just that they will allow me to look at their car. Too haughty.
I then looked at the A4 and the TL. I would have gotten the TL with Navi if they would have come down to the price I have seen on this forum but they were sticking to only $1200 off and were keeping all of the holdback themselves. They were just a pain to deal with. That made the decision easy since the difference was only ~$5K and the A4 has quattro, a few features that the TL doesn't and includes all of the maintenance except tires until 50K miles.
I have had no problems with my A6 but one of my friends has a TL and has had the same problem with his steering twice. The first time after he had the car only 3 days. That gnawed at me enough to tilt me to the A4. That plus you can get
I'll post an update when I get the car next week. It's black on black and I decided to get the windows tinted 35%. Can't wait to see what it looks like.
This is the only info. they would give me by email:
"The vehicle is an automatic, quattro silver on platinum gray.
It has premium, cold weather and 17"wheels.
The drive off includes first months payment and DMV.
The money factor is 00072.
The ad ends tomorrow."
But they won't say what the MSRP or residual is.
Sounds similar to the Audi ad, which has $349 and $369 leases but those are with drive offs over $3100. Again, 24-month lease.
So it looks like the dealer is piggy-backing on these, taking less upfront but adding to the monthly payment.
Still, $1500 drive off and $400 plus tax for 2-years sounds good for a Quattro with Premium, doesn't it?
Just ordered a new 2005.5 Audi 2.0T CVT today (Quartz metallic with gray leather). I optioned for: premium, lighting package, sports package, Bose with XM satellite, and headlight washers. With $3,400.00 down (which includes 1st month and $400 deposit) for a 24 month lease my monthly payment for 15K a year lease came out to $420 even/per month. The residual on the car is 23,664 (a 67% residual). Total price on the car was 33,530.32 which includes the $500 cost of the Audi Finance buy down on the money factor (which brought the money factor from 0.00135 to 0.00072). Any thoughts? Is this a good deal or fairly standard for Southern California? Has any one else paid for a buy down on their lease's money factor? Is that standard practice? I'd appreciate the feedback from others who've recently leased the 2005.5. Thanks!
If it was the latter, than it may pay off in the long run, assuming you get all of the deposit back. The question is, will you save more over the course of the lease with the lower payment than you would if you invested the money and went with the higher payment. Based on you money factors, you went from the equivalent of 3.24 APR to 1.728 APR. Pretty low, IMHO.
Any of you have any similar experiences with Audi?
If you are way, way over on miles, you may want to consider buying the car to avoid penalties. It might be a cheaper option. Looking forward, if you are planning on driving more than 15k miles per year, leasing is NOT for you.
I am a bit confused by all the different pricing configurations I am finding.
ie. we have the Edmunds TMV which on these things seems to be $300 under sticker. Then we have the Cars.direct which is $500-800 over invoice. Next we have Coscto...this goes on and on. I have read on the net that the dealer I am looking at( 1 of 2 in my state) is not friendly to negotiations and prefers sticker since they are the only game in town...
so, if this dealer has 40+ A4's on the lot at any given time and 30 of them have been there over 30 days( I printed out the stock and VIN's from there website) wouldn't it make sense that this dealer would be open to a fair offer from me over the net or the phone?
the way I see it is no nobodys time is wasted, the dealer makes a fair profit and they move a car that has been on the lot for 30+ days...
if they are holding to MSRP with that kind of inventory, it makes not sense to me!
As for the pricing websites, I just take them with a grain of salt. I think TMV is way over in most cases. I believe Costco's standard is 5% over invoice ($750 in my case).
If your dealer is the only game in town, it might be cheaper to purchase somewhere out of state and get it shipped if your local guy wants MSRP, although I'm not sure...margins seem so slight on these cars.
long trips?
Has anyone had any experience with Audi dealers in Dallas?
Thanks in advance
If you want AWD, you can't go wrong with the A4..
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Living in a hilly area of Long Island in NY, and commuting about 25 miles to work, I was looking for an all-wheel drive sports sedan with good gas mileage and good ride for about 3 months. I looked at BMW 325xi, M-B C240, Volvo S60 T and Audi A4 2.0T. Here are the comparison I made:
BMW 325xi: great drive, noisy, no room for price, not good selection, expensive.
M-B C240: less sporty drive, noisy, option expensive, good selection,but a lot room in price.
Volvo S60: Smooth drive (no sporty), quite, option expensive, good selection,great pricing and leasing deals.
Audi A4 2.0: Great drive, noisy, nice interior, no much room for price, OK selection
Factoring all the pro and cons, I lean towards A4 and S60. S60 has great deal in price, some of them even priced below invoice. The saleperson was very aggresive to offer deals. But I can't refuse the feel of A4. But all the local dealers in LI were very tough to deal, the best offer I got was $800 off the MSRP. So I made a request through carsdirect, got a message from a dealership in CT. It turns out that this dealership is the largest Audi dealer in probably northeast. It has great selections. The deal:
2005 A4 2.0T Quattro
6 Speed Manual
Silver/Black
Primum Package
Cold Weather Package
MSRP:$33620
Price Offered:$31900
Final Price:$31580
No money down, all fees and taxs are included in the monthly payment.
36 Month lease with 15K: $498 /month
Yesterday I went to picked up the car in Greenwich in CT. I stayed for about half hour, and chat with the salesperson, paid my first payment and drove away.
This has been by far the best car buying experince I have ever had.
Trying to decide to order a 2005.5 or 2006. I have never ordered the next year car at the dealership (e.g. 2006) before. Has anyone else done this recently? If you order the 2006, how does one know if they are getting a fair deal?
As far as the deal goes, the prices and order forms are now available from your dealer. I got mine for $1000 over invoice, but you might be able to haggle down a bit lower. It was a piece of cake. Just went in with my specs and they place the order and confirm it. A small deposit is required. They certainly want to try and get rid of the 05.5's right now, so if you are looking for a deal and not too picky this might be the way to go. However, I didn't want to pay for a car with options or color that I don't want. Also, I didn't like that people are going to start getting 06s any day now and my 05.5 would be considered last years model. I wanted to keep as much resale value as possible when I drove my car off the lot.
You must order the Sunroof package, which includes leather interior for $1274 invoice, in order to get the Premium package which is $1684 invoice. My base price only went up around $250. I also got the S-Line package, which includes all S-Line exterior trim, steering wheel with paddle shifters, brushed aluminum trim inside, and 18-inch GmbH wheels with 235/40 tires, at $2730 invoice. There is a Technology package which includes Bluetooth, the lighting system, and driver seat memory, for around $1400 (I didn't get this). The Audio and Nav packages are unchanged from the 05.5 models.
There were a couple of changes on paint options. Of course, still the extra charge for metallic and pearl effect paints, but also Ocean Blue, Dolphin Gray, Dakar Beige, and Liquid Blue are only available on sold orders and have an additional premium for these, which I believe was around $750 (I didn't get one of these colors), The standard colors are Black, White, Red, Quartz, Moro Blue, and Silver.
Have to confess, I almost went for an E90 330i BMW but here in NE Ohio the AWD does help!
Byron
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Perhaps that would account for the discrepancy in price...
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Audi has a lot of gall.