2016 Audi S7 Lease Questions

13

Comments

  • MichaellMichaell Moderator Posts: 255,263
    djpeaksd said:

    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.

    Keep the money in your bank account and use it each month to cover the extra $400/mo.

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  • coconcocon Member Posts: 154
    Hi Mike I am shoping for S7/RS7 and would like to get lease quotes from you for those 3 models based on those:

    2016 RS7 performance. MSRP $132,757+ $925 dest.charge= $133,500.
    -Selling price $130,000.
    -36m/10K miles
    -Audicare $1300
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    2016 Audi RS7. MSRP $112,850+ $925 dest.charge=$113,775.
    -selling price $109,550.
    -36m/10K miles
    -Audicare $1300
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    2016 Audi S7. MSRP $96,500 + $925 dest. charge=$97,425.
    -selling price $90,600
    -36m/10K miles
    -Audicare $829?
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599


  • MichaellMichaell Moderator Posts: 255,263
    cocon said:

    Hi Mike I am shoping for S7/RS7 and would like to get lease quotes from you for those 3 models based on those:

    2016 RS7 performance. MSRP $132,757+ $925 dest.charge= $133,500.
    -Selling price $130,000.
    -36m/10K miles
    -Audicare $1300
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    2016 Audi RS7. MSRP $112,850+ $925 dest.charge=$113,775.
    -selling price $109,550.
    -36m/10K miles
    -Audicare $1300
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    2016 Audi S7. MSRP $96,500 + $925 dest. charge=$97,425.
    -selling price $90,600
    -36m/10K miles
    -Audicare $829?
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599


    36/10 numbers:
    S7 - .00067 and 53%
    RS7 / RS7 Perf - .00139 and 49%
    Add 1% for AudiCare

    Adding the fees to the selling price, and including sales tax, I get the following payments:

    S7 - $1353/mo
    RS7 - $1966/mo
    RS7 Perf - $2339/mo

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  • andrewaw3andrewaw3 Member Posts: 8
    Hi Michael- can you please give me the residual % and mf for a 2016 S7 36 mos lease 15k mi/yr.

    Thank you
  • MichaellMichaell Moderator Posts: 255,263
    andrewaw3 said:

    Hi Michael- can you please give me the residual % and mf for a 2016 S7 36 mos lease 15k mi/yr.

    Thank you

    .00067 and 50%

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  • djpeaksddjpeaksd Member Posts: 8
    Michaell, I know Audi normally changes MF's and Conquest deals every 3 months. Did we have any changes to their programs today, S6 and S&?
    Thanks,

  • djpeaksddjpeaksd Member Posts: 8
    *S6 and S7
  • kyfdxkyfdx Moderator Posts: 256,979
    djpeaksd said:

    Michaell, I know Audi normally changes MF's and Conquest deals every 3 months. Did we have any changes to their programs today, S6 and S&?
    Thanks,

    36/15

    S7: .00042 MF and 49% residual
    S6: .00014 MF and 50%/47% residual for Premium Plus/Prestige

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  • pperezpperez Member Posts: 19
    Does that MF apply to a 36/10 plan as well for the S7?
  • MichaellMichaell Moderator Posts: 255,263
    pperez said:

    Does that MF apply to a 36/10 plan as well for the S7?

    Yes, add 3% to the residual value to go from 15K to 10K per year

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  • xxrobo818xx3xxrobo818xx3 Member Posts: 98
    Hello,

    Im in CA and looking to lease a 2016 S7
    Msrp 91k
    Selling 86
    Lease is 36 months 10k miles
    4k total out of pocket
    How much would be my monthly payment? Tax is 9%

    Thanks!
  • MichaellMichaell Moderator Posts: 255,263
    r0bh said:

    Hello,

    Im in CA and looking to lease a 2016 S7
    Msrp 91k
    Selling 86
    Lease is 36 months 10k miles
    4k total out of pocket
    How much would be my monthly payment? Tax is 9%

    Thanks!

    .00042 and 52%

    Assuming the selling price is the cap cost, $1232/mo with 9% tax.

    What does the $4k at signing go to?

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  • xxrobo818xx3xxrobo818xx3 Member Posts: 98
    Tax lic reg first month payment bank fees and all that
  • MichaellMichaell Moderator Posts: 255,263
    r0bh said:

    Tax lic reg first month payment bank fees and all that

    CA taxes the monthly payment on a lease ... I'd ask for a full breakdown of that up front money to make sure nothing is being slipped in that shouldn't be there.

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  • thegewgawthegewgaw Member Posts: 22
    Hi, looking for money factor and residuals on a 2016 S7 with 36 month/7,500 miles per year.

    Also, I'm getting conflicting information on the ability to use Multiple Security Deposits to lower the money factor... is this actually something Audi dealers will do, and what is the maximum the MF could be lowered if so?

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 255,263
    thegewgaw said:

    Hi, looking for money factor and residuals on a 2016 S7 with 36 month/7,500 miles per year.

    Also, I'm getting conflicting information on the ability to use Multiple Security Deposits to lower the money factor... is this actually something Audi dealers will do, and what is the maximum the MF could be lowered if so?

    Thanks in advance!

    .00042 and 53%

    Audi allows 9 MSDs, each of which reduce the MF .00005. However, there is a minimum MF of .00005 allowed, which means you can only do 7 MSDs to lower the MF to .00007

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  • thegewgawthegewgaw Member Posts: 22
    Wow, 0.00007 is basically free money! That works out to 0.17% APR?!
  • MichaellMichaell Moderator Posts: 255,263
    thegewgaw said:

    Wow, 0.00007 is basically free money! That works out to 0.17% APR?!

    Yep, and you get the MSD monies back at the end of the lease. Good return on your money as well.

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  • thegewgawthegewgaw Member Posts: 22
    edited April 2016
    By my spreadsheet, that works out to 10.55% equivalent annual return. Nice!

    Any current Audi lease promos going on other than the conquest?
  • MichaellMichaell Moderator Posts: 255,263
    thegewgaw said:

    By my spreadsheet, that works out to 10.55% equivalent annual return. Nice!

    Any current Audi lease promos going on other than the conquest?

    I don't have any Audi incentive info, sorry.

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  • _carrera_carrera Member Posts: 25
    Hello, may I have the 24 mo./10k miles residual and MF please?
    Thanks!
  • MichaellMichaell Moderator Posts: 255,263
    _carrera said:

    Hello, may I have the 24 mo./10k miles residual and MF please?
    Thanks!

    .00042 and 59%

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  • cbgb1979cbgb1979 Member Posts: 5
    Hello, wondering about current base MF and Resid on '16 S7 - 3yr/15K per yr.
  • MichaellMichaell Moderator Posts: 255,263
    cbgb1979 said:

    Hello, wondering about current base MF and Resid on '16 S7 - 3yr/15K per yr.

    .00042 and 49%

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  • cbgb1979cbgb1979 Member Posts: 5
    Thank you sir. Assuming 50% resid with A/Care
  • MichaellMichaell Moderator Posts: 255,263
    cbgb1979 said:
    Thank you sir. Assuming 50% resid with A/Care
     Correct 

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  • coconcocon Member Posts: 154
    Hi Michael can I get lease rates for 2017 S7&RS7 for 36/10 if available yet?
  • MichaellMichaell Moderator Posts: 255,263
    cocon said:

    Hi Michael can I get lease rates for 2017 S7&RS7 for 36/10 if available yet?

    We do not yet have any numbers for the 2017 S7 or RS7.

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  • thegewgawthegewgaw Member Posts: 22
    Looking for the MF and residual value for 24 mo./7500 miles, please? Any lease/conquest/special incentives for S7s this month? Thanks!
  • MichaellMichaell Moderator Posts: 255,263
    thegewgaw said:

    Looking for the MF and residual value for 24 mo./7500 miles, please? Any lease/conquest/special incentives for S7s this month? Thanks!

    .00042 and 60%

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  • coconcocon Member Posts: 154
    Can I get lease rates on quote for

    S7 MSRP $96,675 + $950 dest. charge=$97,625.
    -selling price $91,767 (6% off)
    -36m/10K miles
    -Audicare $829?
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    and

    RS7 MSRP $113,675 + $950 dest charge=$114,625
    -selling price $111,186 (3% off).
    -36m/10K miles
    -Audicare $1300
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599
  • MichaellMichaell Moderator Posts: 255,263
    cocon said:

    Can I get lease rates on quote for

    S7 MSRP $96,675 + $950 dest. charge=$97,625.
    -selling price $91,767 (6% off)
    -36m/10K miles
    -Audicare $829?
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    and

    RS7 MSRP $113,675 + $950 dest charge=$114,625
    -selling price $111,186 (3% off).
    -36m/10K miles
    -Audicare $1300
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599

    S7 - .00042 and 52%; if you pay AudiCare and the fees up front, I get a payment of $1310/mo with tax included

    RS7 - .00155 and 48%; again, paying fees up front, the payment is $1986/mo with tax

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  • travelert2travelert2 Member Posts: 3
    HI Mike - not sure of the breakdown, but the dealer is telling me this is a very aggressive deal. 2016 A7 Prem + with blackout package. Sticker 72,395. 36mo lease with Audicare included 749p/mo plus FL tax, 3k down.
  • MichaellMichaell Moderator Posts: 255,263

    HI Mike - not sure of the breakdown, but the dealer is telling me this is a very aggressive deal. 2016 A7 Prem + with blackout package. Sticker 72,395. 36mo lease with Audicare included 749p/mo plus FL tax, 3k down.

    Well, sure, the dealer is telling you that.

    We need to know the adjusted cap cost and the breakdown of the $3K due at signing before we can comment.

    How many miles per year are you looking for?

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  • travelert2travelert2 Member Posts: 3
    12k per year
  • MichaellMichaell Moderator Posts: 255,263

    12k per year

    Still need to know the adjusted cap cost and how the $3K is being used.

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  • jay1577jay1577 Member Posts: 12
    What is the current MF and residual for an Audi S7 for Jun 2016?
  • kyfdxkyfdx Moderator Posts: 256,979
    jay1577 said:

    What is the current MF and residual for an Audi S7 for Jun 2016?

    .00042 MF and 49% residual for 36/15

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  • jay1577jay1577 Member Posts: 12
    What about for 36/12? Big difference??
  • kyfdxkyfdx Moderator Posts: 256,979
    jay1577 said:

    What about for 36/12? Big difference??

    Add 2% to the residual to go from 15K/yr to 12K/yr

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  • travelert2travelert2 Member Posts: 3
    adjusted cap cost 65535.16, residual value 38925.85
  • MichaellMichaell Moderator Posts: 255,263

    adjusted cap cost 65535.16, residual value 38925.85

    36/12 numbers on the A7 Premium Plus are .00005 and 52%. With your prices, I get $780/mo plus tax, so your quote does look pretty strong if it already includes tax.

    How much of the $3000 due at signing is going to cap reduction?

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  • jay1577jay1577 Member Posts: 12
    I'm looking at a demo 2016 S7 with over 2k miles, what do u think the concession should be vs the MSRP. Given that cars with less than 20 miles is pricing 5-6% off MSRP
  • MichaellMichaell Moderator Posts: 255,263
    jay1577 said:

    I'm looking at a demo 2016 S7 with over 2k miles, what do u think the concession should be vs the MSRP. Given that cars with less than 20 miles is pricing 5-6% off MSRP

    Figure .20-.25 per mile deduct for the miles, on top of the 5-6% discount.

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  • b1gdawgb1gdawg Member Posts: 2
    I currently have 11 months left on my '14 A6 P+. Doing early homework, Ive considered the Panamera, Q7 and ulimately the MY17 S7. Using the '17 order guide, Ive specced up to $95k. With ACNA and incentives, I'm looking to be around $88k out the door on a lease. My questions are, is it too early too begin the order process?? Local dealer says 4-5 months on an S7 build. Also, the A6 was my first lease so I'm trying to navigate the waters of going into another lease. I'm thinking late December would be the sweet spot to start the process with minimal hit coming out of my current lease. Any tips or suggestions would be helpful. Also, what type of lease can I expect?? MF, residual etc.
  • kyfdxkyfdx Moderator Posts: 256,979
    b1gdawg said:

    I currently have 11 months left on my '14 A6 P+. Doing early homework, Ive considered the Panamera, Q7 and ulimately the MY17 S7. Using the '17 order guide, Ive specced up to $95k. With ACNA and incentives, I'm looking to be around $88k out the door on a lease. My questions are, is it too early too begin the order process?? Local dealer says 4-5 months on an S7 build. Also, the A6 was my first lease so I'm trying to navigate the waters of going into another lease. I'm thinking late December would be the sweet spot to start the process with minimal hit coming out of my current lease. Any tips or suggestions would be helpful. Also, what type of lease can I expect?? MF, residual etc.

    Sorry... zero experience ordering an Audi. Looks like you'll have to depend on your dealer's advice.

    Also, no clue what money factors and residuals will look like, next year.

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  • b1gdawgb1gdawg Member Posts: 2
    kyfdx said:

    b1gdawg said:

    .

    Sorry... zero experience ordering an Audi. Looks like you'll have to depend on your dealer's advice.

    Also, no clue what money factors and residuals will look like, next year.
    Thanks for the response. Dealer probably the last one I want to listen to.. :)
  • jzaid84jzaid84 Member Posts: 104
    Any MF/Residual numbers on an S7 for July? 36/10 and 39/10?
  • MichaellMichaell Moderator Posts: 255,263
    jzaid84 said:

    Any MF/Residual numbers on an S7 for July? 36/10 and 39/10?

    36/10 - .00022 and 51%
    39/10 - .00042 and 49%

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  • coconcocon Member Posts: 154
    Hello, can I get lease quotes based on current lease rate for:

    2017 Audi S7 prestige MSRP $94,675 including $950 destination fee. 6% off plus $1K audi loyalty
    -selling price $87,994.50
    -36m/10K miles
    -Audicare $829??
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599
    -nothing paid upfront

    2017 Audi S7 prestige MSRP $99,500 including $950 destination fee.6% off plus $1K audi loyalty
    -selling price $92,530
    -36m/10K miles
    -Audicare $829??
    -acquisition fee $695
    -Sales Tax 9.25%
    -dealer handling fee $599
    -nothing paid upfront

    Thanks

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