2016 Audi S4 Lease Questions
Hello,
I was hoping someone could tell me if the money factor and residual figures for 2016 Audi S4 Premium Plus models have been released by Audi? I currently have a 2016 S4 arriving at the dealership that I had on order and would like to know the money factor and residual figures before negotiating the lease terms with the dealership. Thank you!
I was hoping someone could tell me if the money factor and residual figures for 2016 Audi S4 Premium Plus models have been released by Audi? I currently have a 2016 S4 arriving at the dealership that I had on order and would like to know the money factor and residual figures before negotiating the lease terms with the dealership. Thank you!
0
Comments
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Also, I'm assuming the lease rates haven't changed since earlier in the month...but please correct me if I'm wrong about that.
No change to the rates since the beginning of July.
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Subtract 3% for Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I'd appreciate any feedback on the numbers below, and how much lower you think I can expect to get a deal for.
-2016 Audi S4 Prem+
-Daytona Grey
-Tech Package
-Black Optic Package
-Fine Nappa leather package
-Quattro sports diff
-Carbon Atlas inlay
-Audi Guard protection kit
-SC badges
-MSRP - $58,590.00
-Purchase Price - $54,642 was agreed over e-mail ($250 above invoice). This is what I got my M3 for. Is this good for an S4?
-Incentives - $750 for being a BMW customer. Anything else I should be aware of here?
-Residual - 59% for 36/mo and 55% for 42/mo. The 42 mo lease sounds appealing; what are the downsides vs the 36/mo?
-Money factor - ?? Not sure, hoping someone here can provide the current info on MF for August 2015. Anyone know the credit score "zones" for qualifying MFs? I recently moved and had some huge medical bills, so am currently carrying a couple thousand more on the credit cards (normally pay down to 0 every month). I just started working again, so those will be paid off in just a month or two. My CapitalOne app has my credit score at 725 right now; it was 780+ back when I got the M3. The decline is simply the current balances held.
-Tax Rate - 7.85% in my home county
- Doc fee - $495
- Fees $37.20
2013 BMW E92 M3
- 16,700 miles (3yr/10,000/yr)
- 3 more payments of $907.73/mo (last payment in Nov)
- Buyout: $48,812.28
- Audi dealer offered to buyout @ $47,000. I plan on asking them to cover the entire BO price, so the last payments aren't rolled into my new deal.
- MSDs: I put two MSDs down on the M3, to lower the money factor. My buyout quote subtracts these from the original buyout price, lowering it about $2,000. I assume this is normal and the MSDs are just paid to BMWFS then, instead of me getting them back, if I were to ride out the lease?
Thanks in advance for any info on this. I look forward to having my first Audi in the garage!
36/10 - .00137 and 58%
42/10 - .00157 and 54%
We don't have the credit score values for the different MF, but I suspect that a 725 score will get you the best MF.
Use the "Car Research" tab at the top of the page to link to current customer incentives.
You should get the MSD monies back from BMWFS; it may be that the Audi dealer is "taking" that money and applying it to the new deal. I would call BMWFS and get an exact payoff amount. Also, head over to the "Real World Trade in Values" discussion here to get an honest appraisal of your M3.
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Here's the "final" quote I am working on. Everything seem OK? They are buying out the current lease 100% and I've contacted BMWFS to determine how the MSDs will be returned to me.
- MSRP: $59,1745.00
- Cap Cost Reduction/Savings: $2597.75
- Money Factor: .00137 - 42/7.5K
- Rebate: $750
- Cap Cost: $55,872.25
- Dealer/State Fees: $502.20 ($7.20 State Fee and $495 Doc & Lease Acq Fee)
- Aftermarkets: Left blank on this sheet, but should include Audi Care @ $829. Was told they would add this when I came to sign...not sure how it's factored in (monthly payments or paid in drive-off fees)
- Customer Cash: $1,000 (Asked to put $0 down, but said this was to cover the reg/lease fees, as well as the Audi care. I think this is to cover the $502.20 (dealer/state fees) + $829 AudiCare = $1,331.20, minus $750 incentive = $581.20
- Drive Off: $481.53 - not sure why this and the above number ($581.20) don't match?
I've emailed and asked for clarification on the Customer Cash and Drive Off differences. I think the $1,000 may have been a place-holder they put in there on the initial bids, as they weren't sure what the drive-offs would be with AudiCare.
I'd make sure I understand every number - and the math behind them - before signing.
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I have been able to negotiate 7250 off a 54k s4 but waiting for updated money factor before i pull the trigger
Thanks in advance
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2016 S4 - Premium Plus - 12K miles - 36 months
Thanks
Selling price?
State/tax rate?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2016 S4, 15k miles year, 36 mts
MSRP: $55,425
Selling: $53,505
MF: .00119
Residual: 54% ($29,929.50)
Payment: $760/ month + tax
Does this sound like a good deal ?
Thanks
I get $754/mo.+tax, so pretty close.. Less than 4% off MSRP doesn't seem so good. 6% off is usually considered a good deal on a new Audi. $1300 more off would be $38/mo.+tax less on the payment.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I'm looking at an S4 prestige:
MSRP: 59340
Sale Price: 56731
with AudiCare
Residual - 30,856,80 for 36 month
28,483.20 for 42 months
I asked for both a 36 mo and 42 mo /15K
Giving me a MF of .00149 and .00169 respectively
I asked if that was the base MF and he responds that the base is .0003 less on both for A++ credit, which I don't have at the moment...so
Am I missing something
Saying $1600 down:
892+tax for 36mo/15k
853+tax for 42mo/15k
The sale price is $1000 over invoice (per sales person).
I also asked about taking advantage of MSD and he says Audi doesn't do that. Can anyone confirm?
Thanks in advance and I'll plug in the outstanding numbers when I receive them.
36/15 - .00119 and 51%
42/15 - .00139 and 47%
FWIW, S4 Premium Plus numbers are 3% better, which will help on your payment.
Add 1% to the residual for AudiCare.
Tier B (don't know what credit score that is), adds .0004 to the above numbers.
So, either the dealer is inflating the MF on you and you do have top tier credit, or they don't know how to mark up the MF for tier B. Something for you to look into ...
Running the numbers you've provided (and using the base MF and AudiCare adjusted residuals), I get the following $0 down pre-tax payments:
36/15 - $823/mo + tax
42/15 - $791/mo + tax
Adding the .0004 to the MF changes the payments to $858 / $825
What does the $1600 represent? Bank fee, first payment, dealer fee, etc?
As far as we know, Audi does have an MSD program ... up to 9, each of which lowers the MF by .00005
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can't help you with your calculations - I built my own spreadsheet. On-line calculators often make assumptions we know nothing about.
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks in advance.
.00139 MF and 52% residual for 42/12
48 month leases don't have much support.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I've negotiated the following:
2016 Audi S4 Automatic
Mythos black
Tech
Fine nappa
sports diff
19" wheels
carbon atlas inlays
MSRP: $57,650
Negotiated price: $52,100
I asked for 0 down but was told the best they can do is $1350 out the door, which was first month's payment and dealer fees, etc.
Originally we had reached a price of $53,525 and dealer quoted me $723 + tax for 36/12 lease and $704 + tax for 42/12 lease.
Does that sound right? When I calculated myself I got $691 and $676.
I'm not sure where Audi care plan cost fits into this, we used the extra 1% residual.
I'm going to recalculate based on the new price of $52,100, but overall what do you think of this deal?
I don't feel I can do much better.
Thanks.
a
MF is .00119 for 36 months or .00139 for 42 months.
You can probably roll the fees and such into the cap cost, but the MF will increase as a result. Better to pay it up front.
10% off sticker seems to be a good discount...but, need to know the net cap cost in order to figure the payment.
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I would appreciate lease figures for a 2016 Premium Plus S4 for 7.5K & 10K miles over 36 and 42 months terms. What are the current MF and residual? Thanks!
42/10 - .00084 and 52%
Add 1% for 7500 miles
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No information for 2015 S4
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP $59,599.00
Selling Price $54,150.00
Residual $29,621.00
Term 42
Payment = 720.00 (out the door, tax paid for by dealer)
Payment w/ Audi Care, w/Brake Replacement, and w/ Road Hazard = $80 Extra/mo
Payment w/ Above extras = 800.00
Live in Texas so full taxes at 6.25%, Dealer used tax credit to buy tax down, but most likely increased my MF as they make more on this side. Since they have discretion on when and where they apply use tax credit, it looks like just a different place to "squeeze" deal. i.e. They are trading their tax credit token in for higher MF, but it doesn't seem that I can get the best of both worlds, by making them 1. pay the taxes and 2. have a low MF. Thoughts?
Also are the add-on's for 80 per month worth it or not? Just doing the calculations, it appears that Audi Care is, as the dealer maintenance is about equal to it over a 42 month lease. Also Breaks and Tires I thought weren't a bad add as both are expensive and fall outside of Audi Care. Thoughts?
Not sure what discretion the dealers have with regards to tax credits in Texas.
Leaving tax out of the equation, I get $664/mo with your numbers and the base MF. If I add 6.25% tax to the selling price, the payment jumps to $747/mo. AudiCare brings the payments down to $650 and $734, respectively.
$2511 for the brake and tire warranties is an awful lot of money, which I doubt you'll get the value from. (42*80) - $849 for AudiCare.
But, I don't know how you plan to drive the car; it's possible that you'll go through a set of tires in the 42 months - how much is a replacement set?
Same with brakes - talk to the service advisor at the Audi dealer to find out how much a brake job is.
Edmunds Price Checker
Edmunds Lease Calculator
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
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Dallas is known for unusually terrible streets around where I live - Potholes, constant construction, etc. So you are almost for sure having to replace at least 2 tires (very conservative) in 3.5 years, and maybe more in reality. 400 per tire and your at 800.
2511 - 800(tires) - 1850(brake job) = -139. Figured it was unfortunately worth it but it still not pumped about the extra 60 bucks per month. Thoughts?
I've been driving my current car with 18" summer tires and 17" winter tires for six years, and have had exactly one tire failure.... on a winter tire that was already on its last month of use.
$60 X 36 months = $2160. If you pay that much, you'll be hoping for tire and brake failures... that's no way to go..
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator