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2017 Audi A4 Lease Questions
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$795 is correct for the acq.fee.
I get the same number, $609/mo.
First payment and acq.fee is $1400. That leaves $600 for title/registration and doc fees. If that adds up, it looks like a fair deal. Maryland taxes are a killer, though.
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Agreed on MD taxes - I never understood why the consumer is expected to pay tax on the residual... It makes no sense (other than to the state and the bank, of course).
MSRP 48775
Negotiated 45101
Drive Off $2000
Term 42 mos. @ 12k
In Michigan 6% sales tax
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
With your prices, I get $549/mo, tax included.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I was at the dealer this weekend and this is what I was offered. By my math, it's a little off, just checking to see if I can get a little help/guidance.
a4 quattro premium plus, 36 months, 7500/yr
Msrp $48,890
Sell price $43,962
Fees $314
Sales tax 1,858 (Philly 8%)
Net Trade allowance $300
$499/month They said they were using mf rate of .00099 & residual of 59%. I believe the new mf rate is .00079 based on what I'm reading above. PLEASE ADVISE. THANKS.
1. Yes, the base MF for 36 month leases is .00079. Either the dealer is marking it up or they've given you a quote for 39 or 42 month lease
2. The 36/7.5 residual is 60%, not 59%
3. There is an additional 3% lease tax in PA - your total sales tax would be 11%
4. In PA, the monthly payment is subject to tax - find out what the $1858 represents
5. What does the $2500 cover? Up front fees? Cap reduction? Get a full breakdown from the dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
So the mf rate is in fact .00079 & the 36/7.5 is actually 60%
No where does it mentioned the add'l 3% lease tax, the sheet I have says $1858 sales tax with an asterisk that says 'finance tax 8%'. I will find out what that number represents.
I will also find out if the $2500 down payments is going exclusively to cap cost reduction.
Based on the numbers, what should my monthly payment be assuming the 11% sales tax as well as the 8% that they are showing & assuming the $2500 goes exclusively to cap reduction? I'm coming up with $425 (8% tax) & $436 (11%)...am I way off?
And, the cap cost is the negotiated selling price plus any taxes or fees you are not paying up front, less any cap reduction. So, we'd need to know the pre cap reduction price in order to model a payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Msrp $48,890
Sale price $43,962.97
Gross cap cost $44,757.97 (appears to include destination charge 795)
Cap cost reduction $1,816.08 (1,516.08 + $300 net trade allowance)
Adjusted cap cost $42,941.89
Residual $29,334 (60%)
I was told ".00079 is buy rate, we are selling it at the minimum mark up of .00099."
I also see something that says Depreciation charge $13,607, Rent charge $2575, Total of base MP $16,183.....does that sound right?
Does this help in factoring what my monthly payment should be on a4 quattro premium plus 36/7.5?? Also sounds like I should be making sure my full $2,500 down payment be applied to cap reduction....correct?
With the base MF, the payment drops to $435/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Premium + quattro
Negotiated $45101
Drive Off $2000
Term 42 mos. @ 12k
In Michigan 6% sales tax
So, the rep tells me the MF is 0.00109 with a res. of 58. MSRP 48775 negotiated 45851 reduction of 2924.00 679 in fees 795 acq. fee Cap Cost 47336 w/2k @ signing Monthly $610. I'd like your opinion on those numbers. Are the MF and residue correct and does the math work out to what he quoted. You all said that you got 549 tax incl. with the lower negotiated price from the earlier post. I get 515 w/tax with the new #s. Just curious what angle he's coming from if he's got one at all. Thanks again
Would you be able to give me the numbers for NJ
Premium 36 & 42 months for 10k & 12k
Premium Plus 36 & 42 months for 10k & 12k
Also, I was told that the lease specials (program deals) are always the better deal to take rather than leasing a car that is not a program deal. Do you agree with this statement or can you get a better deal by negotiating?
Thank you
58% is the residual for 36/12.
Your calculations don't work out, because they didn't give you the correct residual.
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may i ask have anyone tried audi premier purchase? Why is it not popular even it seems to give more savings than a normal lease?
MSRP $49375
Negotiated $44931
Drive Off $2093.18
Term 36 mos. @ 12k
In CT 6% sales tax
Assuming this is a Quattro, the lease numbers are .00079 and 58%.
Using your prices, I get $541/mo with tax included.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Only way to improve on it is to get a better selling price or use MSDs to buy down the MF.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
A side note for others shopping that may read this. I used the Google machine a lot and actually got the rep to offer invoice because of a deal I got from a dealer in Nashville, TN (I'm in Michigan) that was at invoice. It had the tech pkg which put the monthly out of range for me but my local rep got his manager to offer invoice after I sent a pic of the offer I had the Nashville rep put in writing. I grunted and moaned on the phone when he gave me the at invoice monthly. Got a call a few minutes later with the below invoice offer. After working the Edmund's lease payment calculator I knew I was trying to get 42600 (got 42900). They also let me put all money due at signing on my credit card. They said they had a $2000 limit but I asked could I put it all on the card, checked with manager and said if that's what will close the deal it's fine. I have the cash, and I've actually made CR payment of all money after doing the deposit to hold the car, but want the points lol. Anyway, my advice is listen to the Mods and make sure you work the dealer as much as possible. I couldn't have done it without the Mods thanks again.
Here's the deal:
Premium + quattro w/cold weather, mats, metallic paint and a few other low cost options
MSRP 45870 42/12
Invoice 43208 Negotiated 42900 2500 due with 872 to cap reduction after fees. Monthly 509.18 original MF was .00104 rep up front with .00005 point bump for profit. Car under invoice seemed like a good trade off. Got a call after providing info for credit app saying that I was right at the edge of A tier. If they used B tier numbers monthly would go up. So, to keep the deal at the monthly negotiated they had to up the price to 43034 to get me the A tier MF. So, instead of the MF being at .00104 it went down to .00099. My due at signing or monthly didn't change. After everything, are the numbers solid and is the deal a good one.
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Thank you.
Looking to lease a FWD, premium plus model, in blue metallic. The MSRP of the car on the dealer website is $43,765. I think I can get it down to $40,500 or so. What should the lease look like for 36 months and 10k miles a year, minimum drive off, in California? What money factor should I look for? Is the residual set by Audi Financial or the dealership?
Also, some additional question if possible:
1. All cars in the dealership include the USB cables - can I ask to remove them? I don't want to pay $120 for something that costs $10. And if it has to be included, are they included in the warranty??
2. Do you recommend setting some kind of security deposit?
3. I am thinking about offering the dealer a lump sum, 36 month payment in advance for a deeper discount. Will they consider it and is it a good idea?
4. Is there any switch incentive? Coming from another 'luxury brand to Audi'?
Thank you so much in advance! Great forum
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
1. One of my favorite maxims - "if you don't ask, you don't get". Worst they can do is say no.
2. Audi does offer an MSD program. With the low MF to begin with, you can do 5 MSDs to lower the MF to .00009.
3. Audi does offer a one-pay program for leases; the MF would drop to .00005 in that case.
4. There is a $750 loyalty incentive on the 2017 A4, but nothing for conquest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'm looking for 2017 A4 Prestige FWD with driver assistant, sport, and warm weather packages; with 36/15k and selling price at $47360, what would MF, RV, and monthly payments be?
Also, by adding Audi Care, how much does it change those numbers?
Thank you
.00034 and 51% for 36/15 on FWD Prestige.
AudiCare adds 1% to the residual.
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Thanks
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Texas is a state where you get charged full tax on the MSRP... I want to aggressively negotiate MSRP to offset that extra cost... What would be a good price on Quat P+ ? Going through true car or Costco helps? I doubt dealer would offer any tax credits on 2017 Audi A4, may be 2016.
Does Audi care makes a difference to RV?
Thank you in advance
MSRP is fixed. What you want to negotiate is the selling price. TrueCar and Costco are for those who don't feel they can negotiate on their own.
6% off MSRP is pretty aggressive for Audi.
AudiCare adds 1% to the residual.
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I am a real newb when it comes to understanding leases, but I am learning more. Could you give me a sense of what I would expect for an A4 Premium Plus Quattro with technology package and sport package. 36 months/12k miles, I am located in San Francisco.
My dealer quoted me $768/month with $0 down. What is your take on a lease like this? Please provide all metrics you can, including expected monthly payment.
Thanks so much!
But $768 is too much compared with the numbers we have seen here.
Yes, we need to know the adjusted cap cost. Dealer may also be marking up the MF on you for extra profit.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Please see attached image, it should have everything you need: