2015 Audi S3 Lease Questions

124

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  • MichaellMichaell Moderator Posts: 255,236
    edited June 2015

    Can someone comment if this is a good deal? What is aftersale window fee? Is the doc fee seem a bit high? I believe the $929 is shipping cost from out of state...


    Using the numbers provided, I get $575/mo after tax. I don't get what else is included in the $4500 due at signing - $600 cap reduction, $695 bank fee, $396 registration, $493 doc fee, $7.50 tire tax and $570 first payment add up to $2761.50.

    Ah, you are paying the sales tax up front - $1726.13. If I back the sales tax out of my calculations, then the payment should be $537/mo

    EDIT - sorry, my calculator was acting up on me. I get the same numbers as the dealer (well, I'm off by .01, which could be a rounding error).

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  • johnnyjuice99johnnyjuice99 Member Posts: 16
    Hi Michael - is that with the shipping ($929) rolled into the $537 monthly payment?
  • johnnyjuice99johnnyjuice99 Member Posts: 16
    Thanks for clarifying. Do you know what is aftersale window fee? I can't seem to find anything on the web.

    Does the doc fee seem a bit high?
  • MichaellMichaell Moderator Posts: 255,236

    Thanks for clarifying. Do you know what is aftersale window fee? I can't seem to find anything on the web.

    Does the doc fee seem a bit high?

    I assume it's some sort of window etching.

    Doc fee varies by state -- have seen it as high as $699 in Florida.

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  • johnnyjuice99johnnyjuice99 Member Posts: 16
    Another question: based on the lease i posted, the prem plus for a 36/10k are 56% but is it also the same for a 36/12k?

    if so, can i just get the dealer to bump it up since it has no effect?
  • kyfdxkyfdx Moderator Posts: 256,979

    Another question: based on the lease i posted, the prem plus for a 36/10k are 56% but is it also the same for a 36/12k?

    if so, can i just get the dealer to bump it up since it has no effect?

    12K/yr residuals are 1% lower than 10K/yr.

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  • tsyndrtsyndr Member Posts: 2
    Anyone know the July residual and MF for an S3 Prem/plus trim for a 36/12k in San Diego, CA?
  • kyfdxkyfdx Moderator Posts: 256,979
    tsyndr said:

    Anyone know the July residual and MF for an S3 Prem/plus trim for a 36/12k in San Diego, CA?

    .00139 MF and 58% residual

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  • tsyndrtsyndr Member Posts: 2
    kyfdx said:

    tsyndr said:

    Anyone know the July residual and MF for an S3 Prem/plus trim for a 36/12k in San Diego, CA?

    .00139 MF and 58% residual
    Awesome thanks! So my dealer is quoting me residual of 58% and MF of 0.00189. I know dealers are allowed to change the money factor, where does the 0.00139 come from? Any suggestions on how I can talk them down? The S3 is pretty popular and most dealers aren't budging on the prices.
  • kyfdxkyfdx Moderator Posts: 256,979
    tsyndr said:

    kyfdx said:

    tsyndr said:

    Anyone know the July residual and MF for an S3 Prem/plus trim for a 36/12k in San Diego, CA?

    .00139 MF and 58% residual
    Awesome thanks! So my dealer is quoting me residual of 58% and MF of 0.00189. I know dealers are allowed to change the money factor, where does the 0.00139 come from? Any suggestions on how I can talk them down? The S3 is pretty popular and most dealers aren't budging on the prices.
    .00139 is the base MF for this model. It's set by AFS. Dealers are allowed to mark it up for extra profit.

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  • jclarkwerdjclarkwerd Member Posts: 2
    edited July 2015
    A dealer is telling me that the base MF for July on an S3 lease has dropped to 0.00046. Is that correct/possible?

    EDIT: a New Jersey dealer.

    Thanks
  • MichaellMichaell Moderator Posts: 255,236

    A dealer is telling me that the base MF for July on an S3 lease has dropped to 0.00046. Is that correct/possible?

    Thanks

    I confirm the .00046 MF for the S3 in July.

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  • jclarkwerdjclarkwerd Member Posts: 2
    Thanks!
  • johnnyjuice99johnnyjuice99 Member Posts: 16
    Michaell said:

    A dealer is telling me that the base MF for July on an S3 lease has dropped to 0.00046. Is that correct/possible?

    Thanks

    I confirm the .00046 MF for the S3 in July.
    Based on this - do you think a NJ dealer would go for 9 MSDs (-0.00045) to bring this down to 0.00001? I negotiated and put in my Purchase Order for an S3 (out of state) in June but have not signed any lease yet. I did get them to pay for shipping and Neg. Sale price of $43.4k on MSRP of $48.1k. My monthly is $477/with tax so there must have been other fees that were taken care of as well. So I'm not sure how much further I can push.

    But I did find out last minute that there is 200 miles on the car. Car Fax shows it was shipped to the out of state dealer with 31mi. So there is about 170mi unaccounted for. Thoughts?

  • MichaellMichaell Moderator Posts: 255,236

    Michaell said:

    A dealer is telling me that the base MF for July on an S3 lease has dropped to 0.00046. Is that correct/possible?

    Thanks

    I confirm the .00046 MF for the S3 in July.
    Based on this - do you think a NJ dealer would go for 9 MSDs (-0.00045) to bring this down to 0.00001? I negotiated and put in my Purchase Order for an S3 (out of state) in June but have not signed any lease yet. I did get them to pay for shipping and Neg. Sale price of $43.4k on MSRP of $48.1k. My monthly is $477/with tax so there must have been other fees that were taken care of as well. So I'm not sure how much further I can push.

    But I did find out last minute that there is 200 miles on the car. Car Fax shows it was shipped to the out of state dealer with 31mi. So there is about 170mi unaccounted for. Thoughts?

    Minimum MF allowed by AFS is .00005, so 8 MSDs should work.

    I'd ask the dealer about the 170 miles ... could be no big deal, or a very big deal.

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  • johnnyjuice99johnnyjuice99 Member Posts: 16
    Thanks for the info.

    I did talk to the dealer and of course said, nothing to worry about, its a brand new car. My thoughts are, who knows how it was driven and what was done. Someone could have easily taken it to the track multiple times for all I know...
  • MichaellMichaell Moderator Posts: 255,236

    Thanks for the info.

    I did talk to the dealer and of course said, nothing to worry about, its a brand new car. My thoughts are, who knows how it was driven and what was done. Someone could have easily taken it to the track multiple times for all I know...

    You could ask for a bit more of a discount, though 200 miles isn't really all that much in the grand scheme of things.

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  • johnnyjuice99johnnyjuice99 Member Posts: 16
    edited July 2015
    I think I may do that. Does the 58% residual apply to NJ dealers for 36/10k (Prem Plus)? 36/12k?
  • MichaellMichaell Moderator Posts: 255,236
    I think I may do that. Does the 58% residual apply to NJ dealers for 36/10k (Prem Plus)? 36/12k?
    S3 premium plus is 54% for 36/12, 55% for 36/10

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  • johnnyjuice99johnnyjuice99 Member Posts: 16
    Thanks again Michael for all you help and quick responses - very much appreciated.
  • j97531j97531 Member Posts: 4
    Hello, Can you help with MF and residual for 2015 S3 prem plus in TX ? 36/10k and 36/12k?
  • MichaellMichaell Moderator Posts: 255,236
    j97531 said:
    Hello, Can you help with MF and residual for 2015 S3 prem plus in TX ? 36/10k and 36/12k?
    S3 premium plus is 54% for 36/12, 55% for 36/10

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  • j97531j97531 Member Posts: 4
    Michaell said:


    j97531 said:

    Hello, Can you help with MF and residual for 2015 S3 prem plus in TX ? 36/10k and 36/12k?
    S3 premium plus is 54% for 36/12, 55% for 36/10


    Thanks!
  • billnormanbillnorman Member Posts: 3
    Can you provide MF and Residual for 2015 S3 Prem + in Tennessee and Georgia. 36 months 15k miles per year.

    Dealers from both states that I have contacted so far are quoting 52% residual on Prem +

    S3 Prem + car includes:
    • MMI Nav Pkg
    • Performance Pkg
    • Driver Assist Pkg
    • Full LED headlights
    • Convenience Pkg
    • B&O sound system
    Monthly payments are currently around $700 including tax. Would appreciate tips on negotiation, since I am new to leases.
  • johnnyjuice99johnnyjuice99 Member Posts: 16
    billnorman - did my first every car negotiation this past june and was a lease. i'm paying $477 including tax. I basically have the same car without the convenience pkg ($750). I did have a 56% residual for a 36/10k based on June's NJ rates. I first negotiated via email before even stepping into a dealership. Then graduated to phone calls, etc. That creates the best leverage IMO b/c they need to get you to walk in the doors, at which you can still negotiate and walk out. I learned having you sit at the dealership is sales tactic to get your time "invested" on the sale which was a complete waste. I planned on using MSDs but was my last card to play and never mentioned it til the end. Using MSDs you will average a 25% ROI. Use truecar.com to find the lowest selling price people have received for the exact build of your car and aim for that, it should be below invoice. They may ask for your "signing" price which they will undoubtly negotiate slightly above that so be sure to lower your number if you do state this. In addition, 2016s are coming out so the dealer is sure to want to get this car off his lot with summer ending. Let them know up front there will be no down payments. I used an excel based lease calculator (i found on a forum) to crunch the numbers he was providing - i was off by $5 on the monthly payments. I used that to find out what my monthly would be and further negotiated the monthly payment (also lowering selling price). The excel also provides a cell to enter in your MF so you can compute what it would be after MSD. Once you've gotten down to the lowest selling price - ask another dealer and see if he can give it to you $1000 -$1500 lower. He may be able to "trade inventory" with the initial dealer. I got my car from Florida, they paid for the shipping and saved me $800. Some may even pay for the first month and take care of the fees. I wish i had tried to negotiate the disposition fee $300 (when returning the car) but not sure if you can. My 2 cents. Good luck!
  • kyfdxkyfdx Moderator Posts: 256,979

    Can you provide MF and Residual for 2015 S3 Prem + in Tennessee and Georgia. 36 months 15k miles per year.

    Dealers from both states that I have contacted so far are quoting 52% residual on Prem +

    S3 Prem + car includes:

    • MMI Nav Pkg
    • Performance Pkg
    • Driver Assist Pkg
    • Full LED headlights
    • Convenience Pkg
    • B&O sound system
    Monthly payments are currently around $700 including tax. Would appreciate tips on negotiation, since I am new to leases.
    .00046 MF and 52% residual. Dealers can't adjust the residual, but they can mark up the money factor for extra profit.

    Need an MSRP and selling price to calculate a payment.

    Do you live in Tennesee or Georgia, because the tax difference on a lease is substantial.

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  • billnormanbillnorman Member Posts: 3
    thanks johnnyjuice99.

    kyfdx - I live in Tennessee.
    MSRP on the car is $50485
    Selling price is $46135.
  • MichaellMichaell Moderator Posts: 255,236
    thanks johnnyjuice99. kyfdx - I live in Tennessee. MSRP on the car is $50485 Selling price is $46135.
    $543.11/mo before tax. 

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  • billnormanbillnorman Member Posts: 3
    Thanks for the estimate. Is there a link to a monthly lease payment calculator that I can use for arriving at those numbers?
  • steverstever Guest Posts: 52,454
    Here's ours - Auto Lease Calculator.
  • gomarquettegomarquette Member Posts: 8
    Can you help me with the MF and Residual for a 2015 S3 Premium Plus in WI (Milwaukee-area)? 36/15k,  39/15k and 42/15K? Thanks in advance!!
  • MichaellMichaell Moderator Posts: 255,236
    Can you help me with the MF and Residual for a 2015 S3 Premium Plus in WI (Milwaukee-area)? 36/15k,  39/15k and 42/15K? Thanks in advance!!
    .00046 and 52% for 36/15

    .00066 and 50% for 39/15

    .00066 and 48% for 42/15

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  • anatolysanatolys Member Posts: 13
    Hi,

    Does anyone have the august MF for an S3? I assume it's the same for the 2015 and 2016? 56% residual for a 10k/36? How about 7.5l/36?

    Thanks
    Anatoly
  • MichaellMichaell Moderator Posts: 255,236
    anatolys said:

    Hi,

    Does anyone have the august MF for an S3? I assume it's the same for the 2015 and 2016? 56% residual for a 10k/36? How about 7.5l/36?

    Thanks
    Anatoly

    The current numbers we have for Audi are good through 10/1. It's possible there will be updates for August, but we don't have them just yet.

    36/10 numbers:
    2016 S3 Premium Plus - .00139 and 59%
    2015 S3 Premium Plus - .00046 and 55%

    Add 1% for 7,500 miles

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  • paco27paco27 Member Posts: 1
    Can you help me with the MF and Residual for a 2015 S3 Premium Plus & Prestige in MA (Boston/Brookline area)? 36/15k, 36/12k and 36/10K? Thanks in advance!!
  • MichaellMichaell Moderator Posts: 255,236
    paco27 said:

    Can you help me with the MF and Residual for a 2015 S3 Premium Plus & Prestige in MA (Boston/Brookline area)? 36/15k, 36/12k and 36/10K? Thanks in advance!!

    36/15 Premium Plus - .00046 and 52%

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

    Deduct 2% for Prestige trim

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  • taiguochintaiguochin Member Posts: 2
    Hi

    I am new here and I am in the market to lease a S3. I am located in Los Angeles.
    I was wondering what kind of lease deal I can expect for a 2015 and 2016 and the MF and Residual for a premium plus. Which option will give me the best deal?
    Thanks in advance.
  • MichaellMichaell Moderator Posts: 255,236

    Hi

    I am new here and I am in the market to lease a S3. I am located in Los Angeles.
    I was wondering what kind of lease deal I can expect for a 2015 and 2016 and the MF and Residual for a premium plus. Which option will give me the best deal?
    Thanks in advance.

    36 months, 15,000 mile per year lease numbers:

    2015 S3 Prem + - .00046 and 52%
    2016 S3 Prem + - .00139 and 56%

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  • taiguochintaiguochin Member Posts: 2
    Michaell said:

    Hi

    I am new here and I am in the market to lease a S3. I am located in Los Angeles.
    I was wondering what kind of lease deal I can expect for a 2015 and 2016 and the MF and Residual for a premium plus. Which option will give me the best deal?
    Thanks in advance.

    36 months, 15,000 mile per year lease numbers:

    2015 S3 Prem + - .00046 and 52%
    2016 S3 Prem + - .00139 and 56%
    Thanks for the response Michael.

    Can I also get the numbers for a 12,000 mile per year lease for 36 months?
  • MichaellMichaell Moderator Posts: 255,236
    Hi I am new here and I am in the market to lease a S3. I am located in Los Angeles. I was wondering what kind of lease deal I can expect for a 2015 and 2016 and the MF and Residual for a premium plus. Which option will give me the best deal? Thanks in advance.
    36 months, 15,000 mile per year lease numbers: 2015 S3 Prem + - .00046 and 52% 2016 S3 Prem + - .00139 and 56%
    Thanks for the response Michael. Can I also get the numbers for a 12,000 mile per year lease for 36 months?
     Add 2% to the residual for 12,000 miles per year 

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  • Jeff AngtuacoJeff Angtuaco Member Posts: 12
    Can someone please provide the RV and MF for a 2015 S3 Prestige 36m/10k? Thanks!
  • kyfdxkyfdx Moderator Posts: 256,979

    Can someone please provide the RV and MF for a 2015 S3 Prestige 36m/10k? Thanks!

    .00046 MF and 53% residual

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  • tuan209tuan209 Member Posts: 3
    Any updates on the numbers for the 2015 S3 Premium in Utah?

    36/10 or 36/15k

    Thanks!
  • kyfdxkyfdx Moderator Posts: 256,979
    tuan209 said:

    Any updates on the numbers for the 2015 S3 Premium in Utah?

    36/10 or 36/15k

    Thanks!

    The S3 is not available in Premium trim

    2015 Premium Plus: .00046 MF and 55%/52% residual

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  • quiet_kishoquiet_kisho Member Posts: 16
    Looking for MF/RV for S3 Premium Plus @ 36/12k in Maryland. Thanks.
  • MichaellMichaell Moderator Posts: 255,236

    Looking for MF/RV for S3 Premium Plus @ 36/12k in Maryland. Thanks.

    .00046+ and 54% for 2015 S3 Prem +

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  • quiet_kishoquiet_kisho Member Posts: 16
    Michaell said:

    Looking for MF/RV for S3 Premium Plus @ 36/12k in Maryland. Thanks.

    .00046+ and 54% for 2015 S3 Prem +
    What is the max markup for the MF?
  • kyfdxkyfdx Moderator Posts: 256,979
    edited September 2015

    Michaell said:

    Looking for MF/RV for S3 Premium Plus @ 36/12k in Maryland. Thanks.

    .00046+ and 54% for 2015 S3 Prem +
    What is the max markup for the MF?
    .00125 over the base rate!!

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  • quiet_kishoquiet_kisho Member Posts: 16
    Look at that rate!

    MSRP: 44045
    MF: .002
    RV: 54%
    Cap Cost: 43045
    CC Reduction: 1000
    MSDs: None
    Acquisition: 695
    Disposition: 350
    Taxes: 2396.37
    Govt Fee: 279
    Doc Fee: 299
    Monthly: 588.47

    1000 due at signing
  • kyfdxkyfdx Moderator Posts: 256,979

    Look at that rate!

    MSRP: 44045
    MF: .002
    RV: 54%
    Cap Cost: 43045
    CC Reduction: 1000
    MSDs: None
    Acquisition: 695
    Disposition: 350
    Taxes: 2396.37
    Govt Fee: 279
    Doc Fee: 299
    Monthly: 588.47

    1000 due at signing

    Their money factor is a typo.
    With that money factor, the payment would be even higher.

    $1000 off on a 2015 model isn't very good.

    On the negative side, you pay tax on the full selling price in MD.

    Where does the $1000 CC reduction come in, if you are only putting up $1000 at signing? Rebate or customer incentive?

    Your list of taxes and fees? Are they included in the CAP cost of $43045?

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