2016 Audi A6 Lease Questions

carenthusia85

btomasie said:

Hi carenthusia85,
you were able to negotiate ~$5300 off MSRP before the $2K rebate? And also to confirm, is this rebate you reference for Audi loyalty, or owning a competing brand?

Thanks!
Brian

Yes through a supplier discount I get. The $2K rebate was for new customer acquisition and also owning a competing brand.

tallguy

How does a 2016 Prestige 3.0 with , add on Driver assistance and gray paint for 36 mos. $960.00/mo including tax look? Thanks

tallguy

Let me add, 0 down.

Michaell

carenthusia85 said:

Hello Moderator:

I have the following deal, can you let me know if it's a good deal please:

2016 Audi A6 Prestige. MSRP $66,120. Final sell price of $58,830 (including 2K rebates). 42 months, 12k miles a year with $3,000 down + $3663.61 (taxes and fees). Monthly payment of $655 in the state of VA.

We don't recommend putting money down on a lease ... if the car is stolen or totaled, you lose that money.

Using your numbers, I get a payment of $833/mo without the down payment. $3000 down would reduce that by about $71.

Not sure how the dealer is getting to $655, but that looks like a smoking deal compared to my numbers.

Michaell

tallguy said:

How does a 2016 Prestige 3.0 with , add on Driver assistance and gray paint for 36 mos. $960.00/mo including tax look? Thanks

tallguy said:

Let me add, 0 down.

Looks like a lot.

(but, I drive a Hyundai, so there's that)

Missing some information - MSRP, Selling Price, miles per year.

Is it $0 down or $0 out of pocket? Big difference between the two.

wrenrome

Don't have all of the details. This is what I have, and I'm picking up the car tomorrow.

A6 Premium Plus with Cold Weather Package, all weather mats, and metallic paint. 36 month lease with 12K miles per year. Zero down. Taxes are 8.5% per month. Total payment with tax is $699. It seems like a good deal to me, but what do I know.

wrenrome

That's zero down, and zero out of pocket.

wrenrome

And quatrro 2.0T. Sorry about that

Michaell

wrenrome said:

Don't have all of the details. This is what I have, and I'm picking up the car tomorrow.

A6 Premium Plus with Cold Weather Package, all weather mats, and metallic paint. 36 month lease with 12K miles per year. Zero down. Taxes are 8.5% per month. Total payment with tax is $699. It seems like a good deal to me, but what do I know.

wrenrome said:

That's zero down, and zero out of pocket.

wrenrome said:

And quatrro 2.0T. Sorry about that

If you're happy, then congrats! Enjoy your new Audi.

wrenrome

Well I'm content so long as it's a good deal. I haven't signed yet, so there's still an opportunity to negotiate. But it seems like a good deal to me. I was trying to see what your opinion was. It's a 2016, by the way. I left that out.

Michaell

wrenrome said:

Well I'm content so long as it's a good deal. I haven't signed yet, so there's still an opportunity to negotiate. But it seems like a good deal to me. I was trying to see what your opinion was. It's a 2016, by the way. I left that out.

Hard to give an opinion when we don't know the MSRP or the selling price.

wrenrome

Msrp is 54680 plus 695 acquisition. There's 1800 in dealer contribution. Payment is 640 before monthly taxes for 36 mo 12000 miles per year no money down or out of pocket from me. 

That's all I have. 

Michaell

wrenrome said:

Msrp is 54680 plus 695 acquisition. There's 1800 in dealer contribution. Payment is 640 before monthly taxes for 36 mo 12000 miles per year no money down or out of pocket from me. 

That's all I have. 

So, net cap cost is $53,575. Using the MSRP listed along with 2.0T Q Prem Plus lease numbers of .00092 and 57% (36/12) I get a pre-tax payment of $700/mo.

I'm guessing there are additional discounts applied that is bringing your payment down to $640/mo before tax.

ne1gg

Michaell said:

ne1gg said:

What is the current MF and residual % on a 2016 A6 Premium Plus 2.0 S-line Quattro, 36mos, 15K ?

dealer is telling me .00110 MF, 56% RV

TIA

I show .00092 and 56%, so your dealer is marking up the MF on you.

Thanks.
I got the dealer to correct the MF to .00092.
The dealer showed me the Audi lease chart it had 15k@ 55% RV

Are the numbers still the same for August?

Michaell

ne1gg said:

Michaell said:

ne1gg said:

What is the current MF and residual % on a 2016 A6 Premium Plus 2.0 S-line Quattro, 36mos, 15K ?

dealer is telling me .00110 MF, 56% RV

TIA

I show .00092 and 56%, so your dealer is marking up the MF on you.

Thanks.
I got the dealer to correct the MF to .00092.
The dealer showed me the Audi lease chart it had 15k@ 55% RV

Are the numbers still the same for August?

Yes, the current Audi numbers are good through 10/1. However, Audi may update them this week; we've seen that before.

nt76

Can I get the August MF and residual value for 2015 A6 3.0T Premium Plus, considering a 36 month/12k miles lease option? Also, what are the current incentives/rebates being offered on this vehicle?
I am going to negotiate with a dealer today, and would like to have this information upfront so they do not mark up the numbers. Appreciate your prompt response.

Michaell

nt76 said:

Can I get the August MF and residual value for 2015 A6 3.0T Premium Plus, considering a 36 month/12k miles lease option? Also, what are the current incentives/rebates being offered on this vehicle?
I am going to negotiate with a dealer today, and would like to have this information upfront so they do not mark up the numbers. Appreciate your prompt response.

The current Audi numbers are valid until 10/1, but new numbers may be available later this week.

At the moment, the 2015 A6 3.0T Premium Plus for 36/12 is .00006 and 52%.

nt76

Michaell said:

nt76 said:

Can I get the August MF and residual value for 2015 A6 3.0T Premium Plus, considering a 36 month/12k miles lease option? Also, what are the current incentives/rebates being offered on this vehicle?
I am going to negotiate with a dealer today, and would like to have this information upfront so they do not mark up the numbers. Appreciate your prompt response.

The current Audi numbers are valid until 10/1, but new numbers may be available later this week.

At the moment, the 2015 A6 3.0T Premium Plus for 36/12 is .00006 and 52%.

Thank you moderator for the MF and RV. It is very timely. Here is the deal I got on 2015 A6 3.0T Premium Plus with Drivers Assistance Package, LED headlights, 19/20" sport package, warm weather package, Bose surround sound. Lease is for 36months/12k miles:
MSRP: $63750
Gross cap cost: $55200 (includes $695 acquisition fee)
Adjusted Cap cost: $53112
MF: 0.00006 -> dealer initially said MF is 0.00126
RV: 52%
The above includes $3500 in rebate (I am a current Infiniti owner, so was able to get $1000 competitor rebate).

Due at signing: $600 (1st month payment).
Monthly payment: $605 (including tax). I am in AZ, tax rate is ~8%.
What do you think?

kyfdx

nt76 said:

Michaell said:

nt76 said:

Can I get the August MF and residual value for 2015 A6 3.0T Premium Plus, considering a 36 month/12k miles lease option? Also, what are the current incentives/rebates being offered on this vehicle?
I am going to negotiate with a dealer today, and would like to have this information upfront so they do not mark up the numbers. Appreciate your prompt response.

The current Audi numbers are valid until 10/1, but new numbers may be available later this week.

At the moment, the 2015 A6 3.0T Premium Plus for 36/12 is .00006 and 52%.

Thank you moderator for the MF and RV. It is very timely. Here is the deal I got on 2015 A6 3.0T Premium Plus with Drivers Assistance Package, LED headlights, 19/20" sport package, warm weather package, Bose surround sound. Lease is for 36months/12k miles:
MSRP: $63750
Gross cap cost: $55200 (includes $695 acquisition fee)
Adjusted Cap cost: $53112
MF: 0.00006 -> dealer initially said MF is 0.00126
RV: 52%
The above includes $3500 in rebate (I am a current Infiniti owner, so was able to get $1000 competitor rebate).

Due at signing: $600 (1st month payment).
Monthly payment: $605 (including tax). I am in AZ, tax rate is ~8%.
What do you think?

That's a very good price

Kirstie_H

A reporter is looking to talk with a Millennial (age 18-34) who leased a luxury car within the last year. If you're able to help, please send your details to pr@edmunds.com by no later than August 4, 2015.

min8

Hi. I got a Audi 2016 A6 3.0 premium plus, MSRP 61215, 42 month. I paid 4.1% VA tax upfront - 2479.91. They totally charged me $7,500 including the VA tax upfront. Did I got cheated. Thanks,

min8

Oh, my current monthly payment is $659.98. Thanks.

min8

They said the Gross CAP cost is &62,299, with sales tax, title of $62.75, warranty 825, documentation fee 435, acquisition fee 695, LoJack 495, altogether $62,299

Michaell

min8 said:

Hi. I got a Audi 2016 A6 3.0 premium plus, MSRP 61215, 42 month. I paid 4.1% VA tax upfront - 2479.91. They totally charged me $7,500 including the VA tax upfront. Did I got cheated. Thanks,

min8 said:

Oh, my current monthly payment is $659.98. Thanks.

min8 said:

They said the Gross CAP cost is &62,299, with sales tax, title of $62.75, warranty 825, documentation fee 435, acquisition fee 695, LoJack 495, altogether $62,299

Doesn't look like that good of a deal if you gave them $7500 at signing. The taxes and fees add up to $4,992.66, so the other $2500 or so was a down payment. VA charges tax against the entire selling price, so you can't avoid that.

How many miles a year did you get?

And, can you be more specific about the warranty you got?

min8

Sure. It is 10,000 miles per year. The warranty is for oil change and all the services, which means during the lease period, I don't have to pay for regular maintenance services.

stever

A leasing expert is looking for a new car shopper in the Seattle area who needs help navigating the leasing process. The expert will help you go through the leasing process from start to finish for free in exchange for taking a few pictures and/or video of the experience with leasing a new car using an iPhone app. If interested, please send an email to stever@edmunds.com.

Michaell

min8 said:

Sure. It is 10,000 miles per year. The warranty is for oil change and all the services, which means during the lease period, I don't have to pay for regular maintenance services.

AudiCare? If so, that adds 1% to the residual value.

Lease numbers for 42/10 on the 2016 A6 3.0T Premium plus are .00089 and 52%.

Using your MSRP and net cap cost, I calculate a payment of $809.19/mo. If I back out the $2500 down payment, the payment drops to $749.66. If your payment is $659.98, then there is something else going on with the prices you've shared.

min8

Thank you, Michael. Not sure why. I totally paid out of pocket $7,500. Dealer told me that include the tax and processing fee. 

min8

Oh. They told me that they have to mark up 5 basic points for the money factor..

frcor1

Dear Moderator,
I just reserved a new 2016 Audi A6 3.0T with S line, LED, Warm and Cold packages, black optic package. The MSRP is $63825 including destination charge. I could not remember the actual selling price but I think it was $58600.
The deal I got is $3000 down and $700 / per month. This is in NJ. Would you have the MF and the RV please?
Do you think it is a good deal. Sorry that I do not have more information it is my first time I am leasing a car. I believe that the $700 included taxes.
Thanks a lot for your help

frcor1

sorry forgot to mention it is 36 months / 12K miles

Michaell

frcor1 said:

Dear Moderator,
I just reserved a new 2016 Audi A6 3.0T with S line, LED, Warm and Cold packages, black optic package. The MSRP is $63825 including destination charge. I could not remember the actual selling price but I think it was $58600.
The deal I got is $3000 down and $700 / per month. This is in NJ. Would you have the MF and the RV please?
Do you think it is a good deal. Sorry that I do not have more information it is my first time I am leasing a car. I believe that the $700 included taxes.
Thanks a lot for your help

frcor1 said:

sorry forgot to mention it is 36 months / 12K miles

If this is the premium plus trim level, the lease numbers are .00069 and 55%. Using the MSRP and selling prices provided, I get a payment of $717.33. I assume that some of that $3000 up front is going to a down payment, which is why your payment is only $700/mo.

Looks like a decent deal from here.

A full breakdown of the $3000 will help clarify everything.

frcor1

Thank you Moderator - Yes this is a Premium plus. So the number for August on a 2016 Audi A6 are MF = 0.00069 and residual 55%. I thought 56% was the residual and +1% with Audi care.
Also the $717.33 you got is without the taxes right?

Michaell

frcor1 said:

Thank you Moderator - Yes this is a Premium plus. So the number for August on a 2016 Audi A6 are MF = 0.00069 and residual 55%. I thought 56% was the residual and +1% with Audi care.
Also the $717.33 you got is without the taxes right?

55% is the "base" residual - add 1% for AudiCare

I assume that part of the $3000 due at signing would cover your tax obligation - NJ calculates and collects lease taxes up front.

asvallini

Hi Moderator, I am in FL and I test drove a 2016 S6 Prestige trim with a price tag of 89K over the weekend. I didn't like the color and I made the mistake to tell the salesperson that so he wouldn't give hard numbers as I wasn't going to buy this particular car. I would like to know if you could help me figure out what is the current lease offers for this car assuming we can negotiate 4-6% off the asking?(Is it too much to negotiate?) I usually get 36/12K and the car I am looking for is exactly the one described above but in a different color. Let me know

kyfdx

asvallini said:

Hi Moderator, I am in FL and I test drove a 2016 S6 Prestige trim with a price tag of 89K over the weekend. I didn't like the color and I made the mistake to tell the salesperson that so he wouldn't give hard numbers as I wasn't going to buy this particular car. I would like to know if you could help me figure out what is the current lease offers for this car assuming we can negotiate 4-6% off the asking?(Is it too much to negotiate?) I usually get 36/12K and the car I am looking for is exactly the one described above but in a different color. Let me know

.00072 MF and 52% residual

$89,000 MSRP
$83,660 Selling price (6% off)

$1131/mo.+tax
All other costs due at signing.

asvallini

kyfdx said:

asvallini said:

Hi Moderator, I am in FL and I test drove a 2016 S6 Prestige trim with a price tag of 89K over the weekend. I didn't like the color and I made the mistake to tell the salesperson that so he wouldn't give hard numbers as I wasn't going to buy this particular car. I would like to know if you could help me figure out what is the current lease offers for this car assuming we can negotiate 4-6% off the asking?(Is it too much to negotiate?) I usually get 36/12K and the car I am looking for is exactly the one described above but in a different color. Let me know

.00072 MF and 52% residual

$89,000 MSRP
$83,660 Selling price (6% off)

$1131/mo.+tax
All other costs due at signing.

And how much due at signing?

Also, have you seen for this car MF and residual better than this?

Michaell

asvallini said:

kyfdx said:

asvallini said:

Hi Moderator, I am in FL and I test drove a 2016 S6 Prestige trim with a price tag of 89K over the weekend. I didn't like the color and I made the mistake to tell the salesperson that so he wouldn't give hard numbers as I wasn't going to buy this particular car. I would like to know if you could help me figure out what is the current lease offers for this car assuming we can negotiate 4-6% off the asking?(Is it too much to negotiate?) I usually get 36/12K and the car I am looking for is exactly the one described above but in a different color. Let me know

.00072 MF and 52% residual

$89,000 MSRP
$83,660 Selling price (6% off)

$1131/mo.+tax
All other costs due at signing.

And how much due at signing?

Also, have you seen for this car MF and residual better than this?

Due at signing is the bank fee, dealer fee, first month's payment and any state imposed license or tag costs.

Residual is set by the bank and cannot be modified. MF is the base rate from AFS; the only way to go lower is to use MSD.

bmwnewbie5

Question, I'm being offered 2K off of dealer invoice for any A6 on the lot until month-end (when the dealer is moving locations). Is this a solid offer? Also, if so, what resources should I use to make sure that the dealer invoice that they are quoting is 100% accurate.

Michaell

bmwnewbie5 said:

Question, I'm being offered 2K off of dealer invoice for any A6 on the lot until month-end (when the dealer is moving locations). Is this a solid offer? Also, if so, what resources should I use to make sure that the dealer invoice that they are quoting is 100% accurate.

Can't tell you how strong an offer it is, but you can use the Edmunds pricing tools at the top of the page to get the invoice and TMV prices. Make / model / year pull downs.

bmwnewbie5

Help with MF and residual on a 2016 A6 2.0T Premium Plus Quattro, looking for both 36/10k and 36/12k. Thanks in advance.

Michaell

bmwnewbie5 said:

Help with MF and residual on a 2016 A6 2.0T Premium Plus Quattro, looking for both 36/10k and 36/12k. Thanks in advance.

36/12 - .00092 and 57%

Add 1% for 10K

bmwnewbie5

Awesome thanks. Going in to negotiate today. Any advice on what fees I should expect to pay versus what fees are BS? Live in NJ.

newtoaudi7

I live in VA and am looking at leasing a 2016 Audi A6 3.0T Quattro with the following options, moonlight blue exterior, S line sport package, LED headlights, BOSE surround, and the cold weather package. Is it a realistic goal to not pay anything up front with the exception of VA taxes? Also , can you give me a sense of what a good target should be for the total purchase price, residual value and money factor? Thanks!

Michaell

bmwnewbie5 said:

Awesome thanks. Going in to negotiate today. Any advice on what fees I should expect to pay versus what fees are BS? Live in NJ.

Bank fee, dealer fee, state tag/license costs, plus some other small state-mandated fees.

Michaell

newtoaudi7 said:

I live in VA and am looking at leasing a 2016 Audi A6 3.0T Quattro with the following options, moonlight blue exterior, S line sport package, LED headlights, BOSE surround, and the cold weather package. Is it a realistic goal to not pay anything up front with the exception of VA taxes? Also , can you give me a sense of what a good target should be for the total purchase price, residual value and money factor? Thanks!

You'll need to cover the first monthly payment at signing, but everything else (I think) can be rolled into the lease.

What trim level? What lease term and miles per year?

newtoaudi7

It's the 3.0 Premium Plus trim. Term would be 36 months and likely 10k miles/year. I was told that Audi allows you to buy up the miles at the 18 month mark if needed for the same price you would pay at the inception of the lease, is that correct and would you recommend starting with the lower miles even if you expect to be closer to the 12k or even 15k mark per year?

Michaell

newtoaudi7 said:

It's the 3.0 Premium Plus trim. Term would be 36 months and likely 10k miles/year. I was told that Audi allows you to buy up the miles at the 18 month mark if needed for the same price you would pay at the inception of the lease, is that correct and would you recommend starting with the lower miles even if you expect to be closer to the 12k or even 15k mark per year?

.00069 and 53% for 36/15. Add 2% for 12K or 3% for 10K

It's always cheaper to get the miles ahead of time. If you think you'll drive 15,000 miles a year get the 15K lease option - will cost you more to buy the miles, even halfway through the lease.

kyfdx

newtoaudi7 said:

It's the 3.0 Premium Plus trim. Term would be 36 months and likely 10k miles/year. I was told that Audi allows you to buy up the miles at the 18 month mark if needed for the same price you would pay at the inception of the lease, is that correct and would you recommend starting with the lower miles even if you expect to be closer to the 12k or even 15k mark per year?

Buying extra miles at inception, on a per-mile basis, can only be done on a 15K/yr lease. You may be able to purchase them later, as noted.

Otherwise, you just take the next mileage allowance up... and, those are usually much cheaper than the per-mile rate..

So, if you think you will be over 10K/yr... just take the 12K/yr. On a $55K vehicle, that's only $550 for 6000 miles. (9.2 cents/mile).

newtoaudi7

Thank you! Any thoughts on a good target price?