Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Did you get a great deal? Let us know in the Values & Prices Paid section!

2015 Audi A6 3.0 Premium plus 36m/12k lease

pb352pb352 Posts: 13
edited October 2014 in Audi
Hi, I have been quoted a selling price of $55k on a $59675 MSRP. On top of that, they are giving me a $2000 rebate (BMW acquisition), 55% residual (with Audi care) with MF 0.00057. They are asking for $2500 down which includes first month's payment, bank fee, tags and cap cost reduction of $1040. The monthly lease payment is $680 including taxes. I have top tier credit. Good deal? Responses are much appreciated. Thanks!

Best Answer

Answers

  • kyfdxkyfdx Posts: 107,379
    edited October 2014
    pb352 said:

    Hi, I have been quoted a selling price of $55k on a $59675 MSRP. On top of that, they are giving me a $2000 rebate (BMW acquisition), 55% residual (with Audi care) with MF 0.00057. They are asking for $2500 down which includes first month's payment, bank fee, tags and cap cost reduction of $1040. The monthly lease payment is $680 including taxes. I have top tier credit. Good deal? Responses are much appreciated. Thanks!


    The residual is correct, but they are marking up the money factor from the base of .00037.

    So.. the CAP cost is $55K minus $2K minus $1040? For about $52,000? That seems really cheap, and if so, the payment, even with the inflated money factor should be around $580/mo, not $680/mo. Is it possible the $55K is after those deductions for rebate and cap cost reduction?

    I didn't account for taxes, because I don't know where you live

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • pb352pb352 Posts: 13

    Thanks Kyfdx! They added Audi care and Bank fees to the selling price of $55k. Then subtracted the $2000 rebate and $1040 cap cost reduction to make the Cap cost around $53500. I live in PA. The base monthly lease payment without taxes is $623. 

  • pb352pb352 Posts: 13

    Thanks!

  • jaydocjaydoc Posts: 11
    Hi
    Please advise on this deal
    A6 12m/36K 0 down.
    MSRP 59450 with 920 Aq fee, Audi care included.
    RV 56%, MF 0.00037, Rebate $2500
    Monthly payment ( tax included) is $700.

    sort I didn't get the exact selling price 56500

    Thanks
  • kyfdxkyfdx Posts: 107,379
    jaydoc said:

    Hi
    Please advise on this deal
    A6 12m/36K 0 down.
    MSRP 59450 with 920 Aq fee, Audi care included.
    RV 56%, MF 0.00037, Rebate $2500
    Monthly payment ( tax included) is $700.

    sort I didn't get the exact selling price 56500

    Thanks


    So... this is the 3.0T Premium Plus? Even with AudiCare, I show the residual as 55%.
    If it's the 2.0T Premium Plus, I get 56%, but then the MF is .00063

    Can't really calculate it without more info.. I will note that the base AFS acquisition fee is $695, so that is marked up.. Would also need your state and tax rate..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jaydocjaydoc Posts: 11
    edited October 2014
    yes ..3.0T Premium Plus
    you are right RV was 54% and 55% with Audi care. MI... 6%
    What other info is needed.
  • kyfdxkyfdx Posts: 107,379
    jaydoc said:

    yes ..3.0T Premium Plus
    you are right RV was 54% and 55% with Audi care. MI... 6%
    What other info is needed.


    Okay.. first.. the $920 isn't the lease acquisition fee... that's the destination fee, which is part of the MSRP.

    A $700 monthly payment with tax included is about $660/mo. pre-tax.. To get to that payment on this model and lease term, the CAP cost should be about $55,300.

    We have your payment... how much is due at signing?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • pb352pb352 Posts: 13

    I got a new lease quote on a 2015 Premium plus 3.0 with a MSRP of $58705. Selling price $53700. Cap cost of $51700 with BMW acquisition rebate. Residual of 0.55. Due at signing $2200 which includes first months payment, bank fees, MV fees and document fees. The monthly payment including Audi care and PA tax is $640 for a 36 month/12 k miles per year. Good deal?

  • kyfdxkyfdx Posts: 107,379
    edited October 2014
    pb352 said:

    I got a new lease quote on a 2015 Premium plus 3.0 with a MSRP of $58705. Selling price $53700. Cap cost of $51700 with BMW acquisition rebate. Residual of 0.55. Due at signing $2200 which includes first months payment, bank fees, MV fees and document fees. The monthly payment including Audi care and PA tax is $640 for a 36 month/12 k miles per year. Good deal?


    You didn't give the money factor used, so I'll assume the base MF of .00037. PA lease tax is 9%, right? That makes the payment quote $587/mo.+tax. Using your other variables, I get $570/mo. plus tax.. So... $17/mo.difference.. Pretty close.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jaydocjaydoc Posts: 11
    due at signing is $700+$222. (1st month and doc fee)
    Is this a good deal?
    Thanks for the help
  • pb352pb352 Posts: 13
    Hi Jaydoc, are they not charging bank fees and motor vehicle fees? Looks like a good deal with that minimal amount upfront..And Kyfdx, they are giving me a MF of 0.00037. They rolled the Audi care into the monthly payment. Btw, I am planning to pick up the car in December, thats when my lease is up. So, I don't know how they are predicting the Dec numbers or what they are doing..
  • jaydocjaydoc Posts: 11
    what is bank fees and motor vehicle fees?
  • pb352pb352 Posts: 13
    Motor vehicle fees are the tags and the plates, I guess. Bank fees are a part of getting a lease although I must admit I am not sure of what it entails.
  • Looking for MF and Residual Values on A6 Prestige 3.0T. 36 months at either 12k or 15k, Also doesn anytone know if GA is a sales tax on sell price of car or sales tax on payment? Thanks in advance.
  • MichaellMichaell ColoradoPosts: 96,688
    swifty3 said:

    Looking for MF and Residual Values on A6 Prestige 3.0T. 36 months at either 12k or 15k, Also doesn anytone know if GA is a sales tax on sell price of car or sales tax on payment? Thanks in advance.

    36/15 - .00037 and 49%

    Add 2% for 12K

    Georgia calculates a 6.75% "Ad Valorem" tax against the entire negotiated purchase price of the car on a lease.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

This discussion has been closed.