2016 Audi S7 Lease Questions

Michaell

buildergbv said:

All - I am negotiating on a 2016 A7 Prestige with 10K/ 36 month lease. In calculating lease payment, how are the dealer doc fees and Audi Care costs factored into the lease? F&I guy told me that the Audi Care quoted at $1,159 (and I assume $499 doc fee) are not added to the MSRP, so I would assume that I would take their total and divide by 36 and add to the payment as Depreciation?

If so, is this total ($1,658) added to the total for which the MF is applied? Quoted .00216 which is too high - which I will require to be reduced, but knowing how the above is calculated helps. Purchase price is $5,000 less than MSRP.

Looking to pick up car this week, so your help is much appreciated!

A7 3.0T Prestige is .00091 and 54% for 36/10. Add 1% for AudiCare.

Not 100% certain if AudiCare can be rolled into the cap cost, but the price is correct.

buildergbv

Just checked the Audi USA website, and the price for Audi Care on an A7 is $829 for 2015 ($1,159 for S7). Is the Dealer Prep/Doc fee rolled into the Cap Cost as well? Thanks!

Michaell

buildergbv said:

Just checked the Audi USA website, and the price for Audi Care on an A7 is $829 for 2015 ($1,159 for S7). Is the Dealer Prep/Doc fee rolled into the Cap Cost as well? Thanks!

Not usually, but I'm sure you can ask the dealer to roll it in if you'd like.

flokofjaklz

Michaell said:

flokofjaklz said:

I can report after this weekend. I ordered an S7 in June with .00138 MF and 54% ( for 15K/36 with Audicare). Michaell game me those exact numbers on June 2nd (in this thread). It was a great bargaining tool and my car is ready to be picked up this weekend.

Michaell - what are the numbers on a 2016 S7 15K/36 with Audicare today? I assume they are a little higher so I hope they honor the original terms from June. I will let you know.

.00143 and 53% for 36/15 with AudiCare.

I picked up the car and the current factor and residual was used - .00143 and 53%.

Michaell

flokofjaklz said:

Michaell said:

flokofjaklz said:

I can report after this weekend. I ordered an S7 in June with .00138 MF and 54% ( for 15K/36 with Audicare). Michaell game me those exact numbers on June 2nd (in this thread). It was a great bargaining tool and my car is ready to be picked up this weekend.

Michaell - what are the numbers on a 2016 S7 15K/36 with Audicare today? I assume they are a little higher so I hope they honor the original terms from June. I will let you know.

.00143 and 53% for 36/15 with AudiCare.

I picked up the car and the current factor and residual was used - .00143 and 53%.

Congrats! Enjoy the new Audi!

kevin911

Hello again, Michael. Any change in S7 money factor or residual for 36/7,500 or 36/10,000, including Audicare? From our earlier conversation, 2016 S7 - .00143 MF and 56% or 57% for 10,000 or 7500 miles with AudiCare added in.

kyfdx

kevin911 said:

Hello again, Michael. Any change in S7 money factor or residual for 36/7,500 or 36/10,000, including Audicare? From our earlier conversation, 2016 S7 - .00143 MF and 56% or 57% for 10,000 or 7500 miles with AudiCare added in.

Those are the current numbers.

123suv

hello
would you please look into the october rates for 2016 Audi A7 TDI 12K/36m with audicare?
thanks in advance

Michaell

123suv said:

hello
would you please look into the october rates for 2016 Audi A7 TDI 12K/36m with audicare?
thanks in advance

.00029 and 54% (Prem +) or 52% (Prestige). Add 1% for AudiCare.

123suv

do you mean .00092?

kyfdx

123suv said:

do you mean .00092?

Nope... .00029

123suv

okay thanks
sorry one more question:
forgot to ask for 12k/36m 2016 audi A7 Premium Plus 3.0T and Prestige 3.0T (not TDI)

Michaell

123suv said:

okay thanks
sorry one more question:
forgot to ask for 12k/36m 2016 audi A7 Premium Plus 3.0T and Prestige 3.0T (not TDI)

.00024 and 54% (Prem +) or 52% (Prestige)

kevin911

Hello, Michael. I wanted to check on the current residuals and money factors for a 2016 S7. Have they changed much?

I have two dealers telling me different stories, both for 3 year 7,500 mile leases including Audi Care.

.00126 MF and 56% Residual - 3 year 7,500 miles
.00134 MF and 57% Residual - 3 year 7,500 miles

Can you help me make sense of this?

Thanks,
Kevin

Michaell

kevin911 said:

Hello, Michael. I wanted to check on the current residuals and money factors for a 2016 S7. Have they changed much?

I have two dealers telling me different stories, both for 3 year 7,500 mile leases including Audi Care.

.00126 MF and 56% Residual - 3 year 7,500 miles
.00134 MF and 57% Residual - 3 year 7,500 miles

Can you help me make sense of this?

Thanks,
Kevin

Ha! Both dealers are marking up the MF.

36/7,500 mile lease numbers for the 2016 S7, with AudiCare:

.00086 and 56%

kevin911

Thanks, Michael.

At the dealer - they're telling me that the lower rates don't apply to vehicles that are low production, like the S7. Is that true? He's telling me .00134.

kyfdx

kevin911 said:

Thanks, Michael.

At the dealer - they're telling me that the lower rates don't apply to vehicles that are low production, like the S7. Is that true? He's telling me .00134.

The numbers for the S7 are the numbers for the S7. That's not a "lower rate" for some other model. That is the specific base money factor for the S7. Ask the dealer if he is marking up the base rate.

kevin911

So, the dealer isn't willing to back down on the lease numbers. The order has not yet gone into production. Should I tell them to cancel my deal and refund my deposit? Or try to further negotiate the rate? Is the rate still .00088?

kyfdx

kevin911 said:

So, the dealer isn't willing to back down on the lease numbers. The order has not yet gone into production. Should I tell them to cancel my deal and refund my deposit? Or try to further negotiate the rate? Is the rate still .00088?

.00086 MF and 55% residual for 36mo, 7.5K/yr..

It's your money and the car you want. I wouldn't presume to tell you what to do.

baileybonds

Hi KYFDX,

I'm looking at leasing a new 2016 RS7. Are the best rates from AFS for an RS7 the same as the S7? If not, can you tell me what the MF and Residual are for a 36 months/10K RS7 lease?
Lastly, will the rates change on Dec 1, or do they stay the same during their entire "Season of Audi" year end program?

Thanks for your help and Happy Holidays!!

kyfdx

baileybonds said:

Hi KYFDX,

I'm looking at leasing a new 2016 RS7. Are the best rates from AFS for an RS7 the same as the S7? If not, can you tell me what the MF and Residual are for a 36 months/10K RS7 lease?
Lastly, will the rates change on Dec 1, or do they stay the same during their entire "Season of Audi" year end program?

Thanks for your help and Happy Holidays!!

.00155 MF and 50% residual

Current program scheduled to run through the end of the year, but that doesn't mean they can't update it, before then.

cocon

Hello,

any news on lease numbers for RS7 Performance yet??

Michaell

cocon said:

Hello,

any news on lease numbers for RS7 Performance yet??

.00155 and 47% for 36/15

cocon

Thanks Mike. Also can I get lease quote for $92000 2016 S7 based on current lease rates for 36/10?

kyfdx

cocon said:

Thanks Mike. Also can I get lease quote for $92000 2016 S7 based on current lease rates for 36/10?

Need MSRP and selling price to calculate a lease.

State and tax rate helps, too.

cocon

kyfdx said:

cocon said:

Thanks Mike. Also can I get lease quote for $92000 2016 S7 based on current lease rates for 36/10?

Need MSRP and selling price to calculate a lease.

State and tax rate helps, too.

opps sorry. $94300 MSRP , selling price $92000. Sales tax 9.25%

kyfdx

cocon said:

kyfdx said:

cocon said:

Thanks Mike. Also can I get lease quote for $92000 2016 S7 based on current lease rates for 36/10?

Need MSRP and selling price to calculate a lease.

State and tax rate helps, too.

opps sorry. $94300 MSRP , selling price $92000. Sales tax 9.25%

.00086 MF and 54% residual.

$1264/mo.+tax

cocon

OK thats not bad for $90K+ Audi I guess... What about lease quote 2016 RS7 MSRP $118,925 ,sale price $116,500. $695 acquisition fee, $830 Audi care. 36/10 term,sales tax 9.25% ?

kyfdx

cocon said:

OK thats not bad for $90K+ Audi I guess... What about lease quote 2016 RS7 MSRP $118,925 ,sale price $116,500. $695 acquisition fee, $830 Audi care. 36/10 term,sales tax 9.25% ?

.00155 MF and 51% residual (with AudiCare). AudiCare on an RS7 is $1159.

$1870/mo.+tax.

cocon

Hi guys, can I get lease quote for 2016 RS7 performance 24/10,000 and 36/10,000.?

MSRP 129,575.

Selling price same $129,575.

Destination charge $925,

acquisition fee $695,

Audi care $1159

Michaell

cocon said:

Hi guys, can I get lease quote for 2016 RS7 performance 24/10,000 and 36/10,000.?

MSRP 129,575.

Selling price same $129,575.

Destination charge $925,

acquisition fee $695,

Audi care $1159

.00155 and 57% (24/10) or 50% (36/10). Add 1% for AudiCare

If the selling price is the net cap cost, the payments would be $2585/mo for 24 months or $2067/mo (36 months)

cocon

Michaell said:

cocon said:

Hi guys, can I get lease quote for 2016 RS7 performance 24/10,000 and 36/10,000.?

MSRP 129,575.

Selling price same $129,575.

Destination charge $925,

acquisition fee $695,

Audi care $1159

.00155 and 57% (24/10) or 50% (36/10). Add 1% for AudiCare

If the selling price is the net cap cost, the payments would be $2585/mo for 24 months or $2067/mo (36 months)

Thanks Mike. Yes I am working for small discount for now(2%) but hey said NO.

And those figures are for the performance model not for regular RS7 right?

I forgot to add sales tax of 9.25%..so I assume for 36/10K would be ~$100 on top of the $2067..

Michaell

cocon said:

Michaell said:

cocon said:

Hi guys, can I get lease quote for 2016 RS7 performance 24/10,000 and 36/10,000.?

MSRP 129,575.

Selling price same $129,575.

Destination charge $925,

acquisition fee $695,

Audi care $1159

.00155 and 57% (24/10) or 50% (36/10). Add 1% for AudiCare

If the selling price is the net cap cost, the payments would be $2585/mo for 24 months or $2067/mo (36 months)

Thanks Mike. Yes I am working for small discount for now(2%) but hey said NO.

And those figures are for the performance model not for regular RS7 right?

I forgot to add sales tax of 9.25%..so I assume for 36/10K would be ~$100 on top of the $2067..

Not surprised there isn't a discount offered on the RS7 - not many available.

I only have one set of numbers for the RS7 - no difference for the performance model.

Yes, add tax to the calculated payment.

kidaudis7

Can you tell me current residual and money factor for 2016 S7 - going to get Audi Care and also looking at doing a one-time payment of full lease amount at pick up. 3yrs/36,000 miles
Thank You...

Michaell

kidaudis7 said:

Can you tell me current residual and money factor for 2016 S7 - going to get Audi Care and also looking at doing a one-time payment of full lease amount at pick up. 3yrs/36,000 miles
Thank You...

.00067 and 52%. If you do a one-time lease payment, the MF drops to .00005.

kidaudis7

Thanks..

kidaudis7

Dealer is giving me correct Residual but quoting money factor of .00017. Just wondering where your money factor comes from?? They are telling me they get theirs right from Audi Financial. Thank You..

Michaell

kidaudis7 said:

Dealer is giving me correct Residual but quoting money factor of .00017. Just wondering where your money factor comes from?? They are telling me they get theirs right from Audi Financial. Thank You..

We get ours from the same place. Can't explain the difference, unless there have been some mid-month updates to the numbers that we don't have.

Look at it this way .. they are quoting you a MF lower than what we did. That's rare around here.

kidaudis7

Ok, but MF is higher than yours, I was comparing 1-Time payment (.00017 v .00005) I think its only about $17 a month in interest so not going to make big deal of it. Especially since they are giving me car for $82,500...

Michaell

kidaudis7 said:

Ok, but MF is higher than yours, I was comparing 1-Time payment (.00017 v .00005) I think its only about $17 a month in interest so not going to make big deal of it. Especially since they are giving me car for $82,500...

Ah, sorry about that. Too many discussions to keep track of the details.

If you are getting a fantastic discount, the dealer may be marking up the MF a tiny bit to make some money on the deal.

They've gotta keep the lights on somehow...

kidaudis7

Thanks again for the S7 info, helped save $$$$ when dealer tried to give me MF or .00055 on the 1 pay. Think he realizes, since there is no more rebate money for current Audi owner, he was trying to get some cash back.

Anyway, have a friend buying a S6, can you tell me the Residual and Monthly MF for that car?

Thanks....

Michaell

kidaudis7 said:

Thanks again for the S7 info, helped save $$$$ when dealer tried to give me MF or .00055 on the 1 pay. Think he realizes, since there is no more rebate money for current Audi owner, he was trying to get some cash back.

Anyway, have a friend buying a S6, can you tell me the Residual and Monthly MF for that car?

Thanks....

Try this forum ....

http://forums.edmunds.com/discussion/32861/audi/a6/2016-audi-a6-lease-questions#latest

cocon

Hello, I need to know current lease rates on RS7 performance for 36/10?

Michaell

cocon said:

Hello, I need to know current lease rates on RS7 performance for 36/10?

49% and .00144

rabido

Hi there, would it be possible to get the current lease rates for an Audi RS7 and RS7 Performance respectively for 36 Months/15k?

Michaell

rabido said:

Hi there, would it be possible to get the current lease rates for an Audi RS7 and RS7 Performance respectively for 36 Months/15k?

.00144 and 46% for both models.

djpeaksd

Can I please get a lease quote from you?

2016 Audi S7 $102,000 sticker - 6% discount $95,8880 I would also receive an additional $1,000 conquest (not sure if that is factored in differently)

36 month lease for 12k miles. I am in CA as well (for tax purposes)

Thank you! I really want to see if my guy is marking anything up on me at the dealership.

djpeaksd

Oh I forgot to mention, $15,000 down payment

Michaell

djpeaksd said:

Can I please get a lease quote from you?

2016 Audi S7 $102,000 sticker - 6% discount $95,8880 I would also receive an additional $1,000 conquest (not sure if that is factored in differently)

36 month lease for 12k miles. I am in CA as well (for tax purposes)

Thank you! I really want to see if my guy is marking anything up on me at the dealership.

djpeaksd said:

Oh I forgot to mention, $15,000 down payment

Using your prices as is .. and the MF of .00067 and 36/12 residual of 52%, I get roughly $1400/mo assuming 9% tax.

We don't recommend making a down payment of any size on a lease - that money would be lost if the car is stolen or totaled.

However, every $1000 down reduces your pre-tax payment about $28/mo.

djpeaksd

Wow thank you for that!  I have leased about 4 cars in the last 5 years and I guess I never realized that the money down on a lease would be lost if the car was stolen or totaled! Haha, I just guess I wouldn't feel as guilty with a $1,000 payment as apposed to a $1,400 one, that's why I wanted to put the money down.