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2017 Audi A4 Lease Questions
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You can also get a 7500 miles per year lease - add 1% to the residual.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks!
However, you are not borrowing the same amount of money in a single pay lease as you are in a traditional lease, since you are paying for the part of the car you are using up front. So you aren't borrowing that amount, and thus you shouldn't be charged interest on that amount. However, as long as the MF is low enough so that the total rent charge is less than or equal to the rent charge in a traditional lease if you paid the capital cost up front and were only charged the regular MF on the residual amount, I guess it doesn't matter.
Thank you for your help.
SixSence,
How is a 42/12k better than 36/10k if you dnt drive much? For a 42month I will paying 600 for an other six months which is $3600 which can be used probably for an other audi. The way technology is changing , 2020 models might be lot better and I prefer less time to be on lease. Thank you for letting me know though.
42/12 - .00035 and 51%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If it's 58% residual I'm assuming you didn't get audi care. If you did, it should be 59%.
There is absolutely no reason you shouldn't get the base MF (.00061) unless you have less than good credit. How much you pay up front shouldn't have anything to do with the MF. They will give you all kinds of reasons that seem to make sense, as to why they need to mark up the MF. When I first went to the dealer with MF numbers they tried to convince me that they were losing money on the car by giving me the discount off MSRP so they had to make up for that by marking up the MF. It sounded logical and it would only cost me about $9 a month and $300 overall, so I was about to agree to it. I did more research and found that people were getting much better deals then what I got. One person got 12% off MSRP, base MF, and $1,000 lease rebate. It became clear that either the dealer is paying Audi much less than what I thought invoice was, or there were other backend rebates and quota incentives that made it possible for the dealer to profit more than I thought. I went back to the dealer and said if they wouldn't give me the base MF I was going somewhere else, and they instantly gave it to me. For the exact car you are getting with a similar MSRP I got base MF and 8.3% off MSRP, and that isn't even near as good as the deals I've seen other people get.
TL;DR: You can and should get base MF, you just have to fight for it. If you are ok with spending more than you need to, and basically getting ripped off, then go for it. If I were you, I wouldn't settle for anything less than base MF and 7% off MSRP. Also, you should compare the 36/10 numbers with the 42/10 numbers. 42/10 is probably a much better deal.
The deal you got is not a good one. I chose 42/12 for my lease of the same car you are getting with same MSRP, but I have the numbers for 36/12. If I were to do the 36/12 without audi care, and paid just the monthly payment up front, my monthly payment would be $610. You are getting 2,000 miles less a year than me for the same car, and your monthly payment is $634, I hope that puts it in perspective.
What you telling really makes sense and now I feel I could have negotiated better. With an MSRP of 49125K and Adjusted cap cost of $47K( Including Acquisition fees plus everything), Basically I am paying $634*36 =$22884 for 3 years/30k Miles With a base MF of 0.00061 and 58% residual, Considering Sales Tax of 9%,
With 6% discount of MSRP=$609
With 7% Discount of MSRP=$594
I am paying $634 which is about $40 more considering the best deal, or $25 dollars more considering a fair deal. I could have saved anywhere from $900-$1440 which is okay I guess as the initial price quoted is 613 per month with a 5k down. I dont mind paying $40 a month more compared to a best deal as it was a little urgent to have a car for us. Also, I am not getting AUDI care for an oil change for two times. I felt its not required. Anyways thank you for all your feedback.
Michael , Appreciate all your feed back which helped me to determine and get to a point where I am not getting ripped off.
Keep up the good work guys and again thanks a lot.
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Agreed . Now my only option is to renegotiate the MF back to standard rate of 0.00061 which will compensate a little. Thank you though.
Thanks in advance
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
First of all, thanks so much for your input a couple of weeks ago, it helped me big time in getting what I think is a good deal on factory order A4 P+ w/ Tech & Sport Packages. Here are the details as they stand right now, any input would be super helpful. If the dealer confirms these numbers I'm going to put a deposit within the next couple of days:
MSRP $48500
8.5% discount
Acq fee rolled-in
36mo/12k lease
0 down
0 security deposit
57% residual
0.00061 MF
My calculations had the monthly payment before tax at $531
Out the door cost: Fees ($443) + $531 + 10% tax = $1027
Did I miss anything or make some huge mistake?
Thanks again this forum's the best
I get $531/mo before tax, as well.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks in advance!
Quattro - .00061 and 55%; .00081 and 51%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 A4 Premium Plus Quattro w/ Tech and Cold Weather packages
Brilliant black w/ black interior
Options: Gray Oak Inlays, All-weather floormats, USB cables
42 months/12k miles per year w/ Audi Care
Money Factor: 0.00081 (base MF)
Residual: 54%
MSRP: $48,550
Negotiated price: $44,556 (8.23% discount)
Sales tax (4.15% state + 0.2% local on full sale price of car): $1,963.04
Acquisition fee: $795
Dealer processing fee: $599
Registration/tags: $60.75
Audi Care: $849
Monthly payment: $599.60
(Only paid first month's payment up front, everything else rolled into lease)
Based on my experience, you can always get the base money factor no matter what they say, and you shouldn't accept a marked up MF. You should also try to get at least 7% off MSRP. I've seen people get up to 12%. Also if you are trying to minimize the monthly payment, the 42 month leases seem to be the sweet spot, at least for 12/15k miles for premium plus quattro, at least for the past couple months. Don't get any of the add on stuff except maybe Audi Care. Audi Care adds 1% to the residual but also adds $849 to the cost, so it still adds several hundred dollars overall to the cost. Think about the length and mileage of your lease. Audi care only covers regular service starting at 20k miles, every 10k miles. For example, if you have a 36 month lease for 7,500 miles a year, you are only using roughly 22,500 miles, so it would only cover one service, which isn't worth $849. It's when your mileage goes past 40k that Audi Care adds true value.
39/10 - .00081 and 56%
Add 1% for 7.5K
AudiCare is prepaid maintenance. The cost is $849, but it adds 1% to your lease residual.
Audi does not have AutoPay, but they do allow MSD and they have a one-pay option that lowers the MF.
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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
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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First pass from dealer
MSRP $48,550.00 for Premium, Tech and Cold Packages
Selling price $42,000.00
Residual $25,731.50
$5k down has a $629.47 monthly payment
This seems high to me after reading here, can anyone please let me know what I should be looking to get, I know that dealers get enough incentives that they could probably lease closer to dealer invoice + destination fee
Thanks so much
Employee leases might show that on a Carfax. I can't speak to Audi specifically, but we leased a BMW executive lease once, and qualified for all the new car programs (and, that car had 11K miles).
They almost have to be part of some sort of Audi corporate program. Can't find many 2017 used cars, otherwise.
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Are they the same as regular Premium FWD?
Thanks!
.00049 and 56%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige