2017 Audi A4 Lease Questions

Michaell

ishi_jirushi said:

Please advise numbers in Los Angeles 10k/36m 2017 Audi A4

ultra premium plus with technology and sport packages
2.0 TFSI premium plus with tech and sport FWD
2.0 TFSI prestige FWD

Please also advise how Audi calculates a one payment (pre-paid) lease

Ultra P+ - .00038 and 54%
FWD - .00026 and 55% (P+) or 51% (Prestige)

$1000 bonus cash

.00060 reduction in the MF for one-pay; minimum .00005 MF mandated for all AFS leases.

hercules00

Hi

Can you please provide the MF and resid for a Premium Plus quattro A4, 36mo/10k for NJ?

TIA.

Michaell

hercules00 said:

Hi

Can you please provide the MF and resid for a Premium Plus quattro A4, 36mo/10k for NJ?

TIA.

.00045 and 56%

$750 bonus cash.

ishi_jirushi

Thank you. In a one-pay lease is the MF calculated on the sales price or the residual value? How would I do that calculation (e.g. MF x 2400 x 3 years x residual value)? Since the MF for all leases is pretty low, is the de facto MF on any one-pay lease the minimum .00005?

ishi_jirushi

Also, do the residual values quoted above for the 3 builds all go up 1% if Audicare is purchased? Many thanks for your very helpful information.

Michaell

ishi_jirushi said:

Thank you. In a one-pay lease is the MF calculated on the sales price or the residual value? How would I do that calculation (e.g. MF x 2400 x 3 years x residual value)? Since the MF for all leases is pretty low, is the de facto MF on any one-pay lease the minimum .00005?

ishi_jirushi said:

Also, do the residual values quoted above for the 3 builds all go up 1% if Audicare is purchased? Many thanks for your very helpful information.

Last question first - yes, AudiCare adds 1% to the residual.

Yes, the one-pay lease MF on the models you are interested in would be .00005

The MF amount charged monthly is the MF value multiplied by the sum of the cap cost and residual value.

ishi_jirushi

 OK, I really don't understand the logic of MF versus a conventional loan and interest. However, let me make sure I understand your explanation correctly. Let's say my car has a sales price of $43k and residual value is 56%. The sum of those numbers is $67,080. On a one-pay lease with a term of 36 months, would the total payments (on top of the depreciation) be .00005 x $67,080 x 36? If so, that is only $120.74.

 

hercules00

ishi_jirushi said:

 OK, I really don't understand the logic of MF versus a conventional loan and interest. However, let me make sure I understand your explanation correctly. Let's say my car has a sales price of $43k and residual value is 56%. The sum of those numbers is $67,080. On a one-pay lease with a term of 36 months, would the total payments (on top of the depreciation) be .00005 x $67,080 x 36? If so, that is only $120.74.

 

Break open a spreadsheet and work the numbers out yourself.

First, compute MF x (sales price + resid value) x lease term. Call this Interest 1.

Now, you are essentially 'borrowing' the sale price of the car - $43k in your case. And you are paying down an equal amount of the loan each month, the depreciation amount for the month which is computed as (sale price - resid*MSRP)/lease term.

In terms of financing charges, your interest owed for the first month would be (interest rate) x $43k. Second month, interest rate x ($43k - depreciation pmt), third month, interest rate x ($43k - 2 x depreciation pmt)... and so on. As your loan balance goes down every month, the effective interest amount also goes down.

Interest rate to be used above = MF x 2400 / 12

Now add up all those interest payments. Call it Interest 2.

You will see that Interest 1 is almost the same as Interest 2.

That is the math. MF is a number derived such that when applied to the sum of resid value and sales price, the sum of this calculated financing payment is close to the interest payments you would make borrowing the sales price amount for the period of lease term at APR of MF x 2400.

hercules00

Michaell said:

hercules00 said:

Hi

Can you please provide the MF and resid for a Premium Plus quattro A4, 36mo/10k for NJ?

TIA.

.00045 and 56%

$750 bonus cash.

Do need to ask for this bonus cash separately after the sale price is decided or will it already be built into the final sale price I agree upon with the dealer?

Michaell

ishi_jirushi said:

 OK, I really don't understand the logic of MF versus a conventional loan and interest. However, let me make sure I understand your explanation correctly. Let's say my car has a sales price of $43k and residual value is 56%. The sum of those numbers is $67,080. On a one-pay lease with a term of 36 months, would the total payments (on top of the depreciation) be .00005 x $67,080 x 36? If so, that is only $120.74.

 

That is correct - .00005 is a very low MF (equivalent to just .12%)

Michaell

hercules00 said:

Michaell said:

hercules00 said:

Hi

Can you please provide the MF and resid for a Premium Plus quattro A4, 36mo/10k for NJ?

TIA.

.00045 and 56%

$750 bonus cash.

Do need to ask for this bonus cash separately after the sale price is decided or will it already be built into the final sale price I agree upon with the dealer?

It's likely built into any offer from the dealer. Your goal is 6% off sticker, before subtracting the incentive.

genner2

Could I please get the numbers in CA for 2017 A4 Premium Plus FWD for both 36/12 and 36/15, with Audi Care?

Michaell

genner2 said:

Could I please get the numbers in CA for 2017 A4 Premium Plus FWD for both 36/12 and 36/15, with Audi Care?

36/15 - .00026 and 52%
Add 2% for 12K
Add 1% for AudiCare

b00sted

36/12k premium plus quattro please for OH. Also, are there any incentives?

Michaell

b00sted said:

36/12k premium plus quattro please for OH. Also, are there any incentives?

.00045 and 55%

$1000 bonus cash.

jtychy12

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

What say you?

Michaell

jtychy12 said:

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

What say you?

Given that MD taxes the entire selling price, can you provide us with the adjusted cap cost?

jtychy12

Michaell said:

jtychy12 said:

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

What say you?

Given that MD taxes the entire selling price, can you provide us with the adjusted cap cost?

After fees and add on (I think that's the adjusted cap cost) the price was $44,000.

acetwenty8

I have negotiated the following deal:
2017 A4 Premium Plus. w/ tech pkg. w/ cold weather pkg. 35M/15K MSRP 49,230
$5000 down + $1509.88 signing fees, etc.

They quoted $427.64 + $26.73 (MA Tax) = $454.37/monthly total

Is this a good deal?

ishi_jirushi

What tier will a credit rating of 690 - 697 be? How will this affect the MF?

Michaell

ishi_jirushi said:

What tier will a credit rating of 690 - 697 be? How will this affect the MF?

.00045 and 55% are the base rates, good for tiers 1 and 2

Audi doesn't show the credit score thresholds, but tier 3 will add .00030 to the MF

With the MSRP and cap cost quoted in previous posts, I get $584/mo.

Michaell

acetwenty8 said:

I have negotiated the following deal:
2017 A4 Premium Plus. w/ tech pkg. w/ cold weather pkg. 35M/15K MSRP 49,230
$5000 down + $1509.88 signing fees, etc.

They quoted $427.64 + $26.73 (MA Tax) = $454.37/monthly total

Is this a good deal?

We do not recommend putting $5K down on a lease. That money would be lost if the car is stolen or totaled.

In fact, we suggest you limit your out of pocket costs to just the first payment and RMV costs.

Need to know the adjusted cap cost in order to run the numbers - this will be the negotiated selling price plus any fees you don't pay up front (acquisition, dealer, etc.).

.00045 and 53%

jtychy12

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

Gap is $41,500, not including taxes of $2,500.

MF, Residual, incentives, and monthly payment? 

Thanks very much in advance. 

kyfdx

jtychy12 said:

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

Gap is $41,500, not including taxes of $2,500.

MF, Residual, incentives, and monthly payment? 

Thanks very much in advance. 

.00045 MF and 55% residual
No incentives.
With a CAP cost of $44,000, I get $584/mo.

Assuming your $2000 covers first payment, $895 acquisition fee and dealer/DMV fees, then there is some serious padding going on.

jtychy12

kyfdx said:

jtychy12 said:

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

Gap is $41,500, not including taxes of $2,500.

MF, Residual, incentives, and monthly payment? 

Thanks very much in advance. 

.00045 MF and 55% residual
No incentives.
With a CAP cost of $44,000, I get $584/mo.

Assuming your $2000 covers first payment, $895 acquisition fee and dealer/DMV fees, then there is some serious padding going on.

Thanks.

Does that monthly payment include taxes? Last question, with the residual of 55%, do I apply that to the purchase price of the vehicle, the cap costs, or the MSRP?

I actually got the cap cost down to $42,834. Not sure how that effects the numbers.

Much appreciated.

acetwenty8

Michaell said:

acetwenty8 said:

I have negotiated the following deal:
2017 A4 Premium Plus. w/ tech pkg. w/ cold weather pkg. 35M/15K MSRP 49,230
$5000 down + $1509.88 signing fees, etc.

They quoted $427.64 + $26.73 (MA Tax) = $454.37/monthly total

Is this a good deal?

We do not recommend putting $5K down on a lease. That money would be lost if the car is stolen or totaled.

In fact, we suggest you limit your out of pocket costs to just the first payment and RMV costs.

Need to know the adjusted cap cost in order to run the numbers - this will be the negotiated selling price plus any fees you don't pay up front (acquisition, dealer, etc.).

.00045 and 53%

I asked them for the adjusted cap cost for the deal I mentioned above. The answer was $42,230. Does that make sense?

Then, based on your advise - I also asked him to quote $0 down, and just fees due at signing. He stated $568/month with cap cost of $46,643.

Again, this is based on 2017 Premium Plus A4 w/ Tech. pkg, & Cold Weather pkg. MSRP of $49,230.
36M/15K in Massachusetts. 6.25% sales tax. Acq. Fee was stated at 895. Doc Fee $399, Reg/Plate Fee $170.

Is it possible to determine if he has changed any aspects of the deal with the $0 down quote? Am I getting a good deal here?

Many Thanks

acetwenty8

Michaell said:

acetwenty8 said:

I have negotiated the following deal:
2017 A4 Premium Plus. w/ tech pkg. w/ cold weather pkg. 35M/15K MSRP 49,230
$5000 down + $1509.88 signing fees, etc.

They quoted $427.64 + $26.73 (MA Tax) = $454.37/monthly total

Is this a good deal?

We do not recommend putting $5K down on a lease. That money would be lost if the car is stolen or totaled.

In fact, we suggest you limit your out of pocket costs to just the first payment and RMV costs.

Need to know the adjusted cap cost in order to run the numbers - this will be the negotiated selling price plus any fees you don't pay up front (acquisition, dealer, etc.).

.00045 and 53%

Sorry for the double post - but I obtained more information now. Here is the current deal I'm working with.

Audi A4 Premium Plus Quattro w/ Tech pkg. w/ Cold Weather pkg.
MSRP 49230
Negotiated Price 43400
$2500 at signing including Acq, doc, Reg, title, and down payment
$530/month?

Did I do good?

Thanks in advance

ishi_jirushi

As a general guideline, what discount off MSRP should one target for the P+ ultra and P+ FWD?

kyfdx

ishi_jirushi said:

As a general guideline, what discount off MSRP should one target for the P+ ultra and P+ FWD?

Generally, 6% off MSRP, then deduct incentives.

kyfdx

jtychy12 said:

kyfdx said:

jtychy12 said:

Could you please get me the numbers for 36/12k, 2017 Audi A4 2.0 TFSI Auto Premium quattro AWD, with Maryland sales tax of 6%. MSRP is $43,775, negotiated sales price down to $40,500.

Dealership quoted me $686.00, including tax, with $2,000 down. That seemed high.

Gap is $41,500, not including taxes of $2,500.

MF, Residual, incentives, and monthly payment? 

Thanks very much in advance. 

.00045 MF and 55% residual
No incentives.
With a CAP cost of $44,000, I get $584/mo.

Assuming your $2000 covers first payment, $895 acquisition fee and dealer/DMV fees, then there is some serious padding going on.

Thanks.

Does that monthly payment include taxes? Last question, with the residual of 55%, do I apply that to the purchase price of the vehicle, the cap costs, or the MSRP?

I actually got the cap cost down to $42,834. Not sure how that effects the numbers.

Much appreciated.

You said the CAP was $41,500 but didn't include $2500 of tax, so I added that in (ergo $44000 CAP).

Now... does your CAP cost include taxes?

toekneechin05

Thoughts on this deal? 

2017 A4 Sedan 2.0T quattro  Season of Audi MSRP  $45,320

$40,586 Sale Price         ($4,734 discount)
- $1,750 incentives
___________________
$38,836 Sale Price after incentives

$1,500 Down Payment / 36 Months / 15,000 Miles / $428Payment plus tax

Money Factor = 0.00045

Residual = 55% for 15,000 Miles for 36 months

Add 1% if you get Audi Care

Michaell

toekneechin05 said:

Thoughts on this deal? 

2017 A4 Sedan 2.0T quattro  Season of Audi MSRP  $45,320

$40,586 Sale Price         ($4,734 discount)
- $1,750 incentives
___________________
$38,836 Sale Price after incentives

$1,500 Down Payment / 36 Months / 15,000 Miles / $428Payment plus tax

Money Factor = 0.00045

Residual = 55% for 15,000 Miles for 36 months

Add 1% if you get Audi Care

I get $415/mo before tax with those numbers.

jpbran

What do you have for the MF and resid @ 24/15k for a '17 Ultra/Premium? thx!

kyfdx

jpbran said:

What do you have for the MF and resid @ 24/15k for a '17 Ultra/Premium? thx!

.00038 MF and 58% residual

jtychy12

Thanks for the all the help guys. I was wondering how you guys arrive at the specific MF's and residuals you give for each model and location, and what exactly those numbers, mean, i,e., are these the best numbers Audi are allowed to give? The numbers you're seeing as the average? Realistic targets? etc?

Thanks again in advance.

Michaell

jtychy12 said:

Thanks for the all the help guys. I was wondering how you guys arrive at the specific MF's and residuals you give for each model and location, and what exactly those numbers, mean, i,e., are these the best numbers Audi are allowed to give? The numbers you're seeing as the average? Realistic targets? etc?

Thanks again in advance.

Our sources are confidential.

The residual we share is set by AFS and cannot be modified.

The MF is the best rate for top tier credit.

jtychy12

jtychy12 said:

Thanks for the all the help guys. I was wondering how you guys arrive at the specific MF's and residuals you give for each model and location, and what exactly those numbers, mean, i,e., are these the best numbers Audi are allowed to give? The numbers you're seeing as the average? Realistic targets? etc?

Thanks again in advance.

Thanks!

Would a 765-775 credit score be considered top tier for these purposes?

Michaell

jtychy12 said:

jtychy12 said:

Thanks for the all the help guys. I was wondering how you guys arrive at the specific MF's and residuals you give for each model and location, and what exactly those numbers, mean, i,e., are these the best numbers Audi are allowed to give? The numbers you're seeing as the average? Realistic targets? etc?

Thanks again in advance.

Thanks!

Would a 765-775 credit score be considered top tier for these purposes?

Yes, easily.

cbear444

Just want to verify MF for MI on a 36/12k for 2017 A4 premium plus with tech and cold weather.

Still 0.00045 and 55%?

Was quoted a monthly rate that seems like the MF has been boosted significantly.
How do you recommend addressing that with the dealer?

Also any advice on negotiating price down? Current offer only at 2-3% off MSRP.

Michaell

cbear444 said:

Just want to verify MF for MI on a 36/12k for 2017 A4 premium plus with tech and cold weather.

Still 0.00045 and 55%?

Was quoted a monthly rate that seems like the MF has been boosted significantly.
How do you recommend addressing that with the dealer?

Also any advice on negotiating price down? Current offer only at 2-3% off MSRP.

.00045 and 55% are correct, this month.

$1000 bonus cash.

Politely tell the dealer you won't sign a deal where the MF has been marked up.

Shoot for 6% off sticker, before incentives. Reach out to multiple dealers to get the best deal.

sturmovik

Could you please help me obtain numbers in California for 2017 A4 Premium Plus Quattro with sport package for both 36/10 and 36/7.5?

GillyHawk

Could I please have the MF and residual at 36/10 on FWD P+ and Prestige in Georgia?

Appreciate all the help that you guys provide!

kyfdx

sturmovik said:

Could you please help me obtain numbers in California for 2017 A4 Premium Plus Quattro with sport package for both 36/10 and 36/7.5?

.00045 MF and 56%/57% residual

kyfdx

GillyHawk said:

Could I please have the MF and residual at 36/10 on FWD P+ and Prestige in Georgia?

Appreciate all the help that you guys provide!

.00026 MF and 55%/51% residual for P+/Prestige

chrisor0

MF and Residual at 36/12 and 36/12 on AWD P+ and Audi care

Michaell

chrisor0 said:

MF and Residual at 36/12 and 36/12 on AWD P+ and Audi care

.00045 and 55% / 56%

What state? Audi incentives are regional.

chrisor0

Michaell said:

chrisor0 said:

MF and Residual at 36/12 and 36/12 on AWD P+ and Audi care

.00045 and 55% / 56%

What state? Audi incentives are regional.

Connecticut

kyfdx

chrisor0 said:

Michaell said:

chrisor0 said:

MF and Residual at 36/12 and 36/12 on AWD P+ and Audi care

.00045 and 55% / 56%

What state? Audi incentives are regional.

Connecticut

$750 bonus cash

scottny2016

Hi Kyfdx,

Can you please tell me what the MF and residual are for the following leases

1) Audi A4 Premium Plus, 12k miles/yr, 3 yrs.
2) Audi A4 Premium Plus, 15k miles/yr, 3 yrs.

Thank you!

Michaell

scottny2016 said:

Hi Kyfdx,

Can you please tell me what the MF and residual are for the following leases

1) Audi A4 Premium Plus, 12k miles/yr, 3 yrs.
2) Audi A4 Premium Plus, 15k miles/yr, 3 yrs.

Thank you!

Ultra, FWD or Quattro?