2015 Audi A4 Lease Premium Plus Question

muscleman85

Does this sound like a good deal?

MSRP - $46,325 on AWD Premium Plus

#1) No money down at delivery

42,000.00 Selling price

593.20/month for 36 months 12,000 miles/ year


#2) 1,542.00 due at signing (inceptions)

42,000.00 Selling price

594.29/month for 36 months 12,000 miles/ year


#3) 3,995.00 due at signing (most common option)

42,000.00 Selling Price

479.98/month for 36 months 12,000 miles/ year



The money factor for all three deals is 0.00048

Michaell

muscleman85 said:

Does this sound like a good deal?

MSRP - $46,325 on AWD Premium Plus

#1) No money down at delivery

42,000.00 Selling price

593.20/month for 36 months 12,000 miles/ year


#2) 1,542.00 due at signing (inceptions)

42,000.00 Selling price

594.29/month for 36 months 12,000 miles/ year


#3) 3,995.00 due at signing (most common option)

42,000.00 Selling Price

479.98/month for 36 months 12,000 miles/ year



The money factor for all three deals is 0.00048

We do not recommend putting any money down on a lease - if the car is stolen or totaled, you are out that money.

Confirm .00048 and 53% for 36/12.

I'm having a hard time understanding how $1500 out of pocket results in a higher payment than $0 out of pocket.

For scenario #1 ($0 out of pocket), using your MSRP and selling price, I get a pre-tax payment of $516.60.

Where do you live? Tax obligations vary by state, so cannot comment on the $593/mo quote without knowing.

muscleman85

Thank you for the response. I appreciate it.

The numbers were actually a mistake. Here is the update.
$0 DOWN
593.20/mo

$1500 DOWN
549.29/mo

$3,995 DOWN
479.98/mo

I live in PA. I don't see why it would add that much more. I would assume I should be able to get in around $530 no money down then? It's a premium plus awd. Thanks again.

plina

Is the residual the same for the premium plus model as with the prestige model? The dealers are saying that the premium plus model has a better residual than the prestige any reason why?

Michaell

plina said:

Is the residual the same for the premium plus model as with the prestige model? The dealers are saying that the premium plus model has a better residual than the prestige any reason why?

There is a 4% difference in the 36/15 residuals for the 2.0T Quattro Premium Plus versus the Prestige trim (49% v. 45%).

Higher trim cars often have a lower residual as the technology advances quickly and can be outdated by the time the lease is up.