2017 Audi A3 Lease Deals and Prices

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Comments

  • jjd5006jjd5006 Member Posts: 40
    Thoughts on this offer? Seems high particularly for up fronts given the 1st payment is supposedly comped.

    17 A3 Quattro Prem +
    36mos 12k - Pennsylvania

    $439 per month/ $2750 due up front. Selling price at "$6100 off MSRP"which is $42,735 - I intend on rolling the acq fee into any lease payment.

    Here's the breakdown of $2750:
    - Cap Cost Reduction $1377.34
    - Documentary fee $138
    - Upfront Fee's $135.15
    - Upfront Taxes $204.51
    - Acquisition Fee: $895
  • zmm1zmm1 Member Posts: 11
    Looking at a A3 prestige with quattro
    7500 miles a year, 36 month please
    located in NY
    0 down, other then title, registration and other fees

    Can anyone estimate around how much it should be a month after tax?
  • kyfdxkyfdx Moderator Posts: 267,222
    jjd5006 said:

    Thoughts on this offer? Seems high particularly for up fronts given the 1st payment is supposedly comped.

    17 A3 Quattro Prem +
    36mos 12k - Pennsylvania

    $439 per month/ $2750 due up front. Selling price at "$6100 off MSRP"which is $42,735 - I intend on rolling the acq fee into any lease payment.

    Here's the breakdown of $2750:
    - Cap Cost Reduction $1377.34
    - Documentary fee $138
    - Upfront Fee's $135.15
    - Upfront Taxes $204.51
    - Acquisition Fee: $895

    I get $394/mo.+tax with those numbers.
    Given PA lease taxes, it's not far off.

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  • kyfdxkyfdx Moderator Posts: 267,222
    zmm1 said:

    Looking at a A3 prestige with quattro
    7500 miles a year, 36 month please
    located in NY
    0 down, other then title, registration and other fees

    Can anyone estimate around how much it should be a month after tax?

    What is the MSRP?
    Selling price or CAP cost?

    .00015 MF and 50% residual

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  • zmm1zmm1 Member Posts: 11
    I haven't negotiated anything yet
    The build price online is $43,150
    Just looking for a ballpark number, to know what to expect
    Thank you!
  • zmm1zmm1 Member Posts: 11
    alternately, I could take the premium plus and add on the tech, led, and b & o packages which would give me almost the same build price online at $42,250
  • MichaellMichaell Moderator Posts: 263,482
    zmm1 said:

    Looking at a A3 prestige with quattro
    7500 miles a year, 36 month please
    located in NY
    0 down, other then title, registration and other fees

    Can anyone estimate around how much it should be a month after tax?

    Would need to know the MSRP and selling price / cap cost in order to model a payment.

    .00015 and 50% for 36/7.5

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  • jjd5006jjd5006 Member Posts: 40
    kyfdx said:

    jjd5006 said:

    Thoughts on this offer? Seems high particularly for up fronts given the 1st payment is supposedly comped.

    17 A3 Quattro Prem +
    36mos 12k - Pennsylvania

    $439 per month/ $2750 due up front. Selling price at "$6100 off MSRP"which is $42,735 - I intend on rolling the acq fee into any lease payment.

    Here's the breakdown of $2750:
    - Cap Cost Reduction $1377.34
    - Documentary fee $138
    - Upfront Fee's $135.15
    - Upfront Taxes $204.51
    - Acquisition Fee: $895

    I get $394/mo.+tax with those numbers.
    Given PA lease taxes, it's not far off.
    I'm awaiting an answer on what the Cap Cost $1377.34 means other than down payment cash. I asked for $0 down aside from dmv fees...
  • kyfdxkyfdx Moderator Posts: 267,222
    jjd5006 said:

    kyfdx said:

    jjd5006 said:

    Thoughts on this offer? Seems high particularly for up fronts given the 1st payment is supposedly comped.

    17 A3 Quattro Prem +
    36mos 12k - Pennsylvania

    $439 per month/ $2750 due up front. Selling price at "$6100 off MSRP"which is $42,735 - I intend on rolling the acq fee into any lease payment.

    Here's the breakdown of $2750:
    - Cap Cost Reduction $1377.34
    - Documentary fee $138
    - Upfront Fee's $135.15
    - Upfront Taxes $204.51
    - Acquisition Fee: $895

    I get $394/mo.+tax with those numbers.
    Given PA lease taxes, it's not far off.
    I'm awaiting an answer on what the Cap Cost $1377.34 means other than down payment cash. I asked for $0 down aside from dmv fees...
    From their accounting, it's a downpayment from you, and part of the $2750 upfront.

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  • blumustangblumustang Member Posts: 11
    edited July 2017
    Can I get a lease quote for a base A3 FWD in NJ (7% tax). TrueCar has it at $28.9k, $3.5k off MSRP. 3 years, 12k miles. Also the for a price of $30k (conv. package).

    Thanks!
  • MichaellMichaell Moderator Posts: 263,482

    Can I get a lease quote for a base A3 FWD in NJ (7% tax). TrueCar has it at $28.9k, $3.5k off MSRP. 3 years, 12k miles. Also the for a price of $30k (conv. package).

    Thanks!

    My guess is that the price quote you are looking at is for purchase, not lease.

    .00005 and 47%

    $1500 marketing allowance and complimentary first payment.

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  • blumustangblumustang Member Posts: 11
    Michaell said:

    Can I get a lease quote for a base A3 FWD in NJ (7% tax). TrueCar has it at $28.9k, $3.5k off MSRP. 3 years, 12k miles. Also the for a price of $30k (conv. package).

    Thanks!

    My guess is that the price quote you are looking at is for purchase, not lease.

    .00005 and 47%

    $1500 marketing allowance and complimentary first payment.
    Thank you - Can you tell me how i can calculate a monthly lease payment off these figures?
  • MichaellMichaell Moderator Posts: 263,482

    Michaell said:

    Can I get a lease quote for a base A3 FWD in NJ (7% tax). TrueCar has it at $28.9k, $3.5k off MSRP. 3 years, 12k miles. Also the for a price of $30k (conv. package).

    Thanks!

    My guess is that the price quote you are looking at is for purchase, not lease.

    .00005 and 47%

    $1500 marketing allowance and complimentary first payment.
    Thank you - Can you tell me how i can calculate a monthly lease payment off these figures?
    Use the information from this link to build your own calculator:

    https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • nathan_007nathan_007 Member Posts: 23
    Hello!

    may I please have July number for:

    A3 convertible 12k/36 months and 24 months
    A3 4 door 12k/36 and 24. 

    Thank you!

  • kyfdxkyfdx Moderator Posts: 267,222

    Hello!

    may I please have July number for:

    A3 convertible 12k/36 months and 24 months
    A3 4 door 12k/36 and 24. 

    Thank you!

    FWD or Quattro?

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  • ehomediehomedi Member Posts: 9
    Hi, could I get the MF and RV on a 36/10k for the 2017 Premium Plus and Prestige 2.0 TFSI Quattro in Illinois. Thanks in advance
  • MichaellMichaell Moderator Posts: 263,482
    ehomedi said:

    Hi, could I get the MF and RV on a 36/10k for the 2017 Premium Plus and Prestige 2.0 TFSI Quattro in Illinois. Thanks in advance

    .00015 and 51%

    $1500 marketing allowance and complimentary first payment

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  • kyfdxkyfdx Moderator Posts: 267,222
    Michaell said:

    ehomedi said:

    Hi, could I get the MF and RV on a 36/10k for the 2017 Premium Plus and Prestige 2.0 TFSI Quattro in Illinois. Thanks in advance

    .00015 and 51%

    $1500 marketing allowance and complimentary first payment
    49% residual for Prestige

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  • nathan_007nathan_007 Member Posts: 23

    kyfdx said:

    Hello!

    may I please have July number for:

    A3 convertible 12k/36 months and 24 months
    A3 4 door 12k/36 and 24. 

    Thank you!



    FWD or Quattro?



    Both if possible!

    thank you!
  • MichaellMichaell Moderator Posts: 263,482



    kyfdx said:


    Hello!

    may I please have July number for:

    A3 convertible 12k/36 months and 24 months
    A3 4 door 12k/36 and 24. 

    Thank you!



    FWD or Quattro?



    Both if possible!

    thank you!

    Couple more questions:

    1. What state? Incentives are regional.
    2. What trim level?

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  • nathan_007nathan_007 Member Posts: 23

    Michaell said:



    kyfdx said:


    Hello!

    may I please have July number for:

    A3 convertible 12k/36 months and 24 months
    A3 4 door 12k/36 and 24. 

    Thank you!





    FWD or Quattro?





    Both if possible!

    thank you!


    Couple more questions:

    1. What state? Incentives are regional.
    2. What trim level?


    Florida & Premium Plus
  • kyfdxkyfdx Moderator Posts: 267,222
    @nathan_007

    36/12: Add 7% to residual for 24/12

    Sedan
    FWD: .00005 MF and 47% residual
    AWD: .00015 MF and 50% residual
    Complimentary 1st payment + $1500 marketing allowance

    Convertible
    FWD: .00013 MF and 47% residual
    AWD: .00019 MF and 50% residual
    $1500 marketing allowance

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  • rf1900mrf1900m Member Posts: 1
    edited July 2017
    Hi. May I have the July money factor and residual numbers (Southern California) for a 2017 FWD A3 Premium (sedan) configured as follows:
    + Sport Package
    + Convenience Package
    + AudiCare
    + 12,000 miles/year, for 36 and 42 month lease terms.

    Thank you.
  • MichaellMichaell Moderator Posts: 263,482
    rf1900m said:

    Hi. May I have the July money factor and residual numbers (Southern California) for a 2017 FWD A3 Premium (sedan) configured as follows:
    + Sport Package
    + Convenience Package
    + AudiCare
    + 12,000 miles/year, for 36 and 42 month lease terms.

    Thank you.

    36/12 - .00005 and 47%
    42/12 - .00025 and 43%

    Complimentary first payment

    Add 1% for AudiCare

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  • tsxquisitetsxquisite Member Posts: 24
    edited July 2017
    Hello,

    May I please get the numbers for an 2017 Audi A3 Sedan Quattro Premium Plus + Technology in New York. 36 mos/10k & 36 mos/12k? Thank you! :)
  • jtoneal75jtoneal75 Member Posts: 1
    Hi - Please provide RV & MF for the following two lease options in Oklahoma:

    2017 A3 Premium Plus Quattro sedan - 36mo/12K
    2017 A3 Premium FWD sedan - 36mo/12K

    Local dealer has provided an initial Internet lease quote for the first car (Premium Plus Quattro), but I think his math is off:
    MSRP $44,555
    Sales Price $40,991
    Rebate $500
    Cap cost reduction $500
    Doc fee $149
    Gov fee $131.50
    Capitalized taxes $1844.60 (ugh...Oklahoma)
    Adjusted cap cost $42616.10 (should be $42116.10, right?)
    Monthly payment $587.67

    Is it likely that the sales price can be negotiated closer to $38K? Edmund's TMV is $41,151 - TrueCar price estimate is $37,971 (Dallas market, no participating OK dealers).

    Thanks!
  • MichaellMichaell Moderator Posts: 263,482

    Hello,

    May I please get the numbers for an 2017 Audi A3 Sedan Quattro Premium Plus + Technology in New York. 36 mos/10k & 36 mos/12k? Thank you! :)

    .00015 and 51% / 50%

    Complimentary first payment and $1500 marketing allowance

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  • MichaellMichaell Moderator Posts: 263,482
    jtoneal75 said:

    Hi - Please provide RV & MF for the following two lease options in Oklahoma:

    2017 A3 Premium Plus Quattro sedan - 36mo/12K
    2017 A3 Premium FWD sedan - 36mo/12K

    Local dealer has provided an initial Internet lease quote for the first car (Premium Plus Quattro), but I think his math is off:
    MSRP $44,555
    Sales Price $40,991
    Rebate $500
    Cap cost reduction $500
    Doc fee $149
    Gov fee $131.50
    Capitalized taxes $1844.60 (ugh...Oklahoma)
    Adjusted cap cost $42616.10 (should be $42116.10, right?)
    Monthly payment $587.67

    Is it likely that the sales price can be negotiated closer to $38K? Edmund's TMV is $41,151 - TrueCar price estimate is $37,971 (Dallas market, no participating OK dealers).

    Thanks!

    .00015 and 50%

    With your MSRP and adjusted cap cost, I get $575/mo ($561/mo with your lower cap cost).

    MF bump? If so, doesn't look like a big one.

    Can't help you with pricing, but 8% off sticker looks pretty strong for Audi.

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  • maibad31maibad31 Member Posts: 48
    Hi, can i get MF and RV in texas for the following?
    AWD 36/7.5
    AWD 24/7.5
    AWD 36/10
    The above for both P+ and Prestige

    Thanks
  • MichaellMichaell Moderator Posts: 263,482
    maibad31 said:

    Hi, can i get MF and RV in texas for the following?
    AWD 36/7.5
    AWD 24/7.5
    AWD 36/10
    The above for both P+ and Prestige

    Thanks

    36/10 - .00015 and 51% / 49% (P+ / Prestige)
    Add 1% for 7.5K
    Add 7% for 24 months

    $1500 marketing allowance
    Complimentary first payment

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  • jamesforpmjamesforpm Member Posts: 1
    Thoughts on this offer from a SoCal dealer?
    • 2017 Audi A3 Premium front-wheel drive
    • MSRP: $35560
    • Sale price: $28555
    • Term: 3 years / 10K
    • MF: 00035
    • Residual: 48%
    • Drive off: $811
    • Monthly: $325 including tax (we're in SoCal)
    • Rebate: $500 acquisition
  • MichaellMichaell Moderator Posts: 263,482

    Thoughts on this offer from a SoCal dealer?

    • 2017 Audi A3 Premium front-wheel drive
    • MSRP: $35560
    • Sale price: $28555
    • Term: 3 years / 10K
    • MF: 00035
    • Residual: 48%
    • Drive off: $811
    • Monthly: $325 including tax (we're in SoCal)
    • Rebate: $500 acquisition
    Nice discount from sticker, but MF is marked up from the base of .00005

    All in all, a pretty good lease payment, relative to MSRP and money due up front.

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  • eanteant Member Posts: 22
    Hello, can i get MF and RV in California (L.A. area) for the following?
    AWD 36/12
    AWD 36/10
    The above for both Premium Plus.

    Also, any incentives?

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,222
    eant said:

    Hello, can i get MF and RV in California (L.A. area) for the following?
    AWD 36/12
    AWD 36/10
    The above for both Premium Plus.

    Also, any incentives?

    Thanks in advance!

    .00015 MF and 50%/51% residual
    $1500 marketing allowance
    $500 loyalty/conquest
    Complimentary 1st payment.

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  • dw99887dw99887 Member Posts: 7
    edited July 2017
    Hi. I was wondering if I could get an opinion on if this is a good deal or not.

    2017 Audi A3 Premium Quattro 36/12k in NJ
    MSRP: $39,220
    SP: $32,500
    Due at Signing (Taxes, Acquistion, DMV, Doc Fee) - $2900 (no cap cost reduction)

    Monthly: $354

    I'm thinking I can do a bit better, but the SP seems pretty aggressive. However, I don't know if the $1500 marketing cash is built into this. They didn't give me a true breakdown, just a verbal one when I asked what the SP is. They also said this is an "aged" unit and carries an additional $1000 incentive. We are also returning Audi customers. And $2900 seems to be a lot to put up front for just fees. Thank you. :)
  • MichaellMichaell Moderator Posts: 263,482
    dw99887 said:

    Hi. I was wondering if I could get an opinion on if this is a good deal or not.

    2017 Audi A3 Premium Quattro 36/12k in NJ
    MSRP: $39,220
    SP: $32,500
    Due at Signing (Taxes, Acquistion, DMV, Doc Fee) - $2900 (no cap cost reduction)

    Monthly: $354

    I'm thinking I can do a bit better, but the SP seems pretty aggressive. However, I don't know if the $1500 marketing cash is built into this. They didn't give me a true breakdown, just a verbal one when I asked what the SP is. They also said this is an "aged" unit and carries an additional $1000 incentive. We are also returning Audi customers. And $2900 seems to be a lot to put up front for just fees. Thank you. :)

    .00015 and 50%

    With your MSRP and selling price, I get $366/mo

    You can be pretty sure that the dealer offer includes incentives.

    Our suggestion would be to roll the doc fee, acquisition fee and taxes into the payment - those monies would be lost if the car is stolen or totaled.

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  • dw99887dw99887 Member Posts: 7
    Thank you for this. Is it an issue if they won't give me a breakdown even though I've asked for it twice? Do they have any other rebates or dealer cash that they are using to push down the MSRP so much (including the $1k for the aged unit)? Thank you very very much.
    Michaell said:

    dw99887 said:

    Hi. I was wondering if I could get an opinion on if this is a good deal or not.

    2017 Audi A3 Premium Quattro 36/12k in NJ
    MSRP: $39,220
    SP: $32,500
    Due at Signing (Taxes, Acquistion, DMV, Doc Fee) - $2900 (no cap cost reduction)

    Monthly: $354

    I'm thinking I can do a bit better, but the SP seems pretty aggressive. However, I don't know if the $1500 marketing cash is built into this. They didn't give me a true breakdown, just a verbal one when I asked what the SP is. They also said this is an "aged" unit and carries an additional $1000 incentive. We are also returning Audi customers. And $2900 seems to be a lot to put up front for just fees. Thank you. :)

    .00015 and 50%

    With your MSRP and selling price, I get $366/mo

    You can be pretty sure that the dealer offer includes incentives.

    Our suggestion would be to roll the doc fee, acquisition fee and taxes into the payment - those monies would be lost if the car is stolen or totaled.
  • MichaellMichaell Moderator Posts: 263,482
    dw99887 said:

    Thank you for this. Is it an issue if they won't give me a breakdown even though I've asked for it twice? Do they have any other rebates or dealer cash that they are using to push down the MSRP so much (including the $1k for the aged unit)? Thank you very very much.


    Michaell said:

    dw99887 said:

    Hi. I was wondering if I could get an opinion on if this is a good deal or not.

    2017 Audi A3 Premium Quattro 36/12k in NJ
    MSRP: $39,220
    SP: $32,500
    Due at Signing (Taxes, Acquistion, DMV, Doc Fee) - $2900 (no cap cost reduction)

    Monthly: $354

    I'm thinking I can do a bit better, but the SP seems pretty aggressive. However, I don't know if the $1500 marketing cash is built into this. They didn't give me a true breakdown, just a verbal one when I asked what the SP is. They also said this is an "aged" unit and carries an additional $1000 incentive. We are also returning Audi customers. And $2900 seems to be a lot to put up front for just fees. Thank you. :)

    .00015 and 50%

    With your MSRP and selling price, I get $366/mo

    You can be pretty sure that the dealer offer includes incentives.

    Our suggestion would be to roll the doc fee, acquisition fee and taxes into the payment - those monies would be lost if the car is stolen or totaled.
    I'd be concerned if they are playing 'hide the number' - what don't they want you to see?

    Ask again, politely, and if they stonewall, it's likely time to move on to another dealer.

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  • mat2huumat2huu Member Posts: 13
    Hello, can I please know what discounts/incentives are offered in the Philadelphia area? Thank You so much! :)

    For all
  • kyfdxkyfdx Moderator Posts: 267,222
    mat2huu said:

    Hello, can I please know what discounts/incentives are offered in the Philadelphia area? Thank You so much! :)

    For all

    No info on dealer pricing, but we have incentives:
    $1500 marketing allowance
    $500 loyalty/conquest
    complimentary 1st payment.

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  • maibad31maibad31 Member Posts: 48
    edited August 2017
    Any changes for August for a 2017 A3 36/7.5K for both P+ and Prestige?
    In Texas if there are any incentives
  • kyfdxkyfdx Moderator Posts: 267,222
    maibad31 said:

    Any changes for August for a 2017 A3 36/7.5K for both P+ and Prestige?
    In Texas if there are any incentives

    Quattro or FWD?
    Sedan or convertible?

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  • maibad31maibad31 Member Posts: 48
    kyfdx said:

    maibad31 said:

    Any changes for August for a 2017 A3 36/7.5K for both P+ and Prestige?
    In Texas if there are any incentives

    Quattro or FWD?
    Sedan or convertible?
    Quattro and sedan

    Thanks
  • carbuyer731carbuyer731 Member Posts: 15
    Can you provide info for August for 2017 A3 quattro 36/10K for Prem / Prem + for San Francisco Bay area?
  • kyfdxkyfdx Moderator Posts: 267,222
    maibad31 said:

    kyfdx said:

    maibad31 said:

    Any changes for August for a 2017 A3 36/7.5K for both P+ and Prestige?
    In Texas if there are any incentives

    Quattro or FWD?
    Sedan or convertible?
    Quattro and sedan

    Thanks
    .00015 MF and 52%/50% residual for P+/Prestige
    $1500 marketing allowance
    $500 loyalty/conquest
    complimentary 1st payment

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  • kyfdxkyfdx Moderator Posts: 267,222

    Can you provide info for August for 2017 A3 quattro 36/10K for Prem / Prem + for San Francisco Bay area?

    .00015 MF and 51% residual, for either trim.
    $1500 marketing allowance
    $500 loyalty/conquest
    complimentary 1st payment

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  • elileitmanelileitman Member Posts: 32
    edited August 2017
    Hello, I am in Florida and got this lease offer for a 2017 A3.

    A3 Premium QUATTRO with convenience package sedan.

    36 MONTHS 10k miles a year.
    MSRP 37,880.00
    Residual: 48%
    Money Factor: 0.00005
    Selling Price: 29,989.00
    Total Cap Reduction: 0.70
    Capped Fees: 1,693
    Taxes: 833.62
    ADJ CAP COST: 31,681.30
    Due at signing: 1,292.00
    Monthly Payment: 377.46 plus tax.

    What are the capped fees?

    Im currently in a 15' Jetta GLI SEL, lease end is January 1st. I will be about 10,000 miles over the allotted amount. Residual to buy is about 19,000 plus tax and the car is only worth about 16,000. Originally paid $15,000 over the 3 year lease. Weighing my options. Not sure if I should buy the car or not...
    I appreciate the advice.

    I appreciate the help.

    Thank you very much!
  • kyfdxkyfdx Moderator Posts: 267,222

    Hello, I am in Florida and got this lease offer for a 2017 A3.

    A3 Premium FWD with convenience package sedan.

    36 MONTHS 10k miles a year.
    MSRP 37,880.00
    Residual: 48%
    Money Factor: 0.00005
    Selling Price: 29,989.00
    Total Cap Reduction: 0.70
    Capped Fees: 1,693
    Taxes: 833.62
    ADJ CAP COST: 31,681.30
    Due at signing: 1,292.00
    Monthly Payment: 377.46 plus tax.

    What are the capped fees?

    Im currently in a 15' Jetta GLI SEL, lease end is January 1st. I will be about 10,000 miles over the allotted amount. Residual to buy is about 19,000 plus tax and the car is only worth about 16,000. Originally paid $15,000 over the 3 year lease. Weighing my options.
    I appreciate the advice.

    I appreciate the help.

    Thank you very much!

    The capped fees include the $895 AFS acquisition fee. Since you are in Florida, I'll guess that the rest is a big honking $798 dealer fee.
    The tax number is just informational, as taxes are collected on the monthly payment in Florida.
    The money factor and residual are correct.
    The payment is also correct.

    If those two fees are capped, then my question would be: What accounts for $1292 due at signing, since the first payment is complimentary from AFS?

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  • elileitmanelileitman Member Posts: 32
    kyfdx said:
    Hello, I am in Florida and got this lease offer for a 2017 A3. A3 Premium FWD with convenience package sedan. 36 MONTHS 10k miles a year. MSRP 37,880.00 Residual: 48% Money Factor: 0.00005 Selling Price: 29,989.00 Total Cap Reduction: 0.70 Capped Fees: 1,693 Taxes: 833.62 ADJ CAP COST: 31,681.30 Due at signing: 1,292.00 Monthly Payment: 377.46 plus tax. What are the capped fees? Im currently in a 15' Jetta GLI SEL, lease end is January 1st. I will be about 10,000 miles over the allotted amount. Residual to buy is about 19,000 plus tax and the car is only worth about 16,000. Originally paid $15,000 over the 3 year lease. Weighing my options. I appreciate the advice. I appreciate the help. Thank you very much!
    The capped fees include the $895 AFS acquisition fee. Since you are in Florida, I'll guess that the rest is a big honking $798 dealer fee. The tax number is just informational, as taxes are collected on the monthly payment in Florida. The money factor and residual are correct. The payment is also correct. If those two fees are capped, then my question would be: What accounts for $1292 due at signing, since the first payment is complimentary from AFS?
    I'll send the sales rep an email to inquire about what the money down entails. As for my current lease do you have any advice on what should be done their?

    thank you
  • MichaellMichaell Moderator Posts: 263,482


    kyfdx said:

    Hello, I am in Florida and got this lease offer for a 2017 A3.

    A3 Premium FWD with convenience package sedan.

    36 MONTHS 10k miles a year.
    MSRP 37,880.00
    Residual: 48%
    Money Factor: 0.00005
    Selling Price: 29,989.00
    Total Cap Reduction: 0.70
    Capped Fees: 1,693
    Taxes: 833.62
    ADJ CAP COST: 31,681.30
    Due at signing: 1,292.00
    Monthly Payment: 377.46 plus tax.

    What are the capped fees?

    Im currently in a 15' Jetta GLI SEL, lease end is January 1st. I will be about 10,000 miles over the allotted amount. Residual to buy is about 19,000 plus tax and the car is only worth about 16,000. Originally paid $15,000 over the 3 year lease. Weighing my options.
    I appreciate the advice.

    I appreciate the help.

    Thank you very much!

    The capped fees include the $895 AFS acquisition fee. Since you are in Florida, I'll guess that the rest is a big honking $798 dealer fee.
    The tax number is just informational, as taxes are collected on the monthly payment in Florida.
    The money factor and residual are correct.
    The payment is also correct.

    If those two fees are capped, then my question would be: What accounts for $1292 due at signing, since the first payment is complimentary from AFS?

    I'll send the sales rep an email to inquire about what the money down entails. As for my current lease do you have any advice on what should be done their?

    thank you

    How much do you like your GLI?

    You'll have $2000-2500 of mileage charges at the end of the lease, compared to an estimated $3000 equity hit if you buy it out.

    The mileage charge you'll have to come up with if you turn the car in. The negative equity can be rolled into the next lease - though, we don't recommend that.

    What is the payoff today, and the present trade in value?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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