2017 Audi S3 Lease Deals and Prices

1ToBeOn2Wheels1ToBeOn2Wheels Member Posts: 1
edited August 2017 in Audi
Hoping to place an order for the facelifted 2017 Audi S3 (Prestige) soon. What kind of rates can I expect? Does special ordering change anything or hurt my negotiating leverage?
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  • kyfdxkyfdx Moderator Posts: 207,760

    Hoping to place an order for the facelifted 2017 Audi S3 (Prestige) soon. What kind of rates can I expect? Does special ordering change anything or hurt my negotiating leverage?

    No rates yet for the 2017 S3.

    If you are ordering a car with no firm numbers in place, it can't help.
    "Your" car shows up, and then you have to negotiate? Doesn't put you in a great position.

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  • audifanboiaudifanboi Member Posts: 21
    Would like to know as well...

    When are rates usually released for the month? The 17s are on some dealer's lots already so how do they go about selling those vehicles w/o rates?
  • kyfdxkyfdx Moderator Posts: 207,760

    Would like to know as well...

    When are rates usually released for the month? The 17s are on some dealer's lots already so how do they go about selling those vehicles w/o rates?

    The last post in this discussion was September 21st.
    To answer your question, dealers get the rates immediately. We aren't dealers, so we don't have that access.

    Do you have a specific model you want to know about?
    Term and mileage?

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  • audifanboiaudifanboi Member Posts: 21
    Right, so i was hoping that the MF and Residual would be out for the 17s.

    I am looking at a 2017 S3 , most likely a 36mo12k mile lease. Not sure if Im going with a premium plus or a prestige yet... so both rates would be great.
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Right, so i was hoping that the MF and Residual would be out for the 17s.

    I am looking at a 2017 S3 , most likely a 36mo12k mile lease. Not sure if Im going with a premium plus or a prestige yet... so both rates would be great.

    .00095 and 56% (P+) or 55% (Prestige)

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  • audifanboiaudifanboi Member Posts: 21
    Thank you good sir.

    Hoping to get one within this or next month.

    May have to bug you again if things fall through this month...
  • atrain1975atrain1975 Member Posts: 4
    Greetings. I have an offer on the table for a 2017 S3 lease with the following figures:
    MF: 0.00095
    RF: 57% (w/ Audi Care increase)
    Discount off MSRP: 7.9%

    I would be turning in a leased S4 prematurely, but paying no disposition fee or other penalty. There is a gap of approx. $3,000 between trade-in value and lease payoff which is being rolled into the net cap cost. I prepared a spreadsheet to run the numbers and I think they're good; my monthly payment on the S3 will be a bit lower than what I'm paying on the S4 currently. Just looking for a second opinion on the basic terms (MF/RF/MSRP discount) and to see whether I haven't considered anything important. I'm in the DC metropolitan area.

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Greetings. I have an offer on the table for a 2017 S3 lease with the following figures:
    MF: 0.00095
    RF: 57% (w/ Audi Care increase)
    Discount off MSRP: 7.9%

    I would be turning in a leased S4 prematurely, but paying no disposition fee or other penalty. There is a gap of approx. $3,000 between trade-in value and lease payoff which is being rolled into the net cap cost. I prepared a spreadsheet to run the numbers and I think they're good; my monthly payment on the S3 will be a bit lower than what I'm paying on the S4 currently. Just looking for a second opinion on the basic terms (MF/RF/MSRP discount) and to see whether I haven't considered anything important. I'm in the DC metropolitan area.

    Thanks!

    Need to know the MSRP and adjusted cap cost (with the negative equity rolled in).

    Why not wait until the S4 lease is up, and avoid the extra cost? That $3000 is $84/mo on the new lease, all by itself.

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  • atrain1975atrain1975 Member Posts: 4
    Thanks. MSRP is $51,505 and adjusted cap cost including Audi care, state tax, all dealer fees, and negative equity ($3,300) is $53,081. My math indicates a monthly payment of $723, which is $12 less than my current payment.

    The honest answer to your question is that I'm completely bored with the S4. First, it's severely lacking in basic technology (no nav/bluetooth/etc.); I thought this wouldn't bother me as much as it does. Second, the S3 to me is considerably more fun to drive in almost every measurable way. The S4 lease is up in May 2018 (42 month lease) and that seems so far away. I wish I had a rational answer to your question....

    Thanks again!
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Thanks. MSRP is $51,505 and adjusted cap cost including Audi care, state tax, all dealer fees, and negative equity ($3,300) is $53,081. My math indicates a monthly payment of $723, which is $12 less than my current payment.

    The honest answer to your question is that I'm completely bored with the S4. First, it's severely lacking in basic technology (no nav/bluetooth/etc.); I thought this wouldn't bother me as much as it does. Second, the S3 to me is considerably more fun to drive in almost every measurable way. The S4 lease is up in May 2018 (42 month lease) and that seems so far away. I wish I had a rational answer to your question....

    Thanks again!

    Do you have a local CarMax? You may get a better quote from them to buy your S4, and while you still might have some negative equity, you could simply pay off the lease balance and not roll it into the new lease.

    $700+/mo is a lot of money for a $50K car.

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  • atrain1975atrain1975 Member Posts: 4
    Thank you. I managed to get my trade-in up to $39k, and so my negative equity is now $2,800 on this transaction. The negative equity is what's driving my payment into the $700 range. The problem with selling the car to CarMax is that I would then have to pay full sales tax (6%) on the new car; in my state, I get a credit for the trade-in and so with this arrangement my taxes are relatively modest ($525 vs $2,864 based on purchase price). My monthly payments are currently $735 on the S4 are $735, and the new payments would be $707. I realize this isn't the most savvy transaction, but to me it'll be worth it. Thank you very much for your assistance.
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Thank you. I managed to get my trade-in up to $39k, and so my negative equity is now $2,800 on this transaction. The negative equity is what's driving my payment into the $700 range. The problem with selling the car to CarMax is that I would then have to pay full sales tax (6%) on the new car; in my state, I get a credit for the trade-in and so with this arrangement my taxes are relatively modest ($525 vs $2,864 based on purchase price). My monthly payments are currently $735 on the S4 are $735, and the new payments would be $707. I realize this isn't the most savvy transaction, but to me it'll be worth it. Thank you very much for your assistance.

    And, you're driving an S3!

    Congrats and enjoy.

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  • jimmybradyjimmybrady Member Posts: 106
    Can I get the residual and MF for 2017 Audi S3 Prestige and Premium Plus, 36/15k. Michigan
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Can I get the residual and MF for 2017 Audi S3 Prestige and Premium Plus, 36/15k. Michigan

    .00095 and 54% (P+) or 53% (Prestige)

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  • juanito1juanito1 Member Posts: 22
    edited November 2016
    Hi Michael - So am I reading this right? The 2016 and 2017 S3 have the same base MF of .00095 and residual of 54% (P+)? So since there isn't any cash available on the 2016, then the 2017 may work out a better deal? Usually isn't the residual better on the 2017 than the outgoing 2016 and the MF better on the outgoing 2016? I thought you show them as the same residual and MF for 2016 and 2017?
  • MichaellMichaell ColoradoModerator Posts: 206,103
    juanito1 said:

    Hi Michael - So am I reading this right? The 2016 and 2017 S3 have the same base MF of .00095 and residual of 54% (P+)? So since there isn't any cash available on the 2016, then the 2017 may work out a better deal? Usually isn't the residual better on the 2017 than the outgoing 2016 and the MF better on the outgoing 2016? I thought you show them as the same residual and MF for 2016 and 2017?

    That is incorrect

    S3 Premium Plus 36/10
    2016 - .00009 and 54%. $2000 marketing allowance and complimentary first payment.
    2017 - .00079 and 57%. No marketing allowance, but complimentary first payment still exists.

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  • juanito1juanito1 Member Posts: 22
    Michael- OK, got it. Is that really four zero's or should it be .0009? What is the residual adder for 12k/15k? Is that $2000 allowance available in Texas? And do I treat similar to cash/rebate to arrive at adjusted cap cost in the lease calculator? Thanks!

    That is incorrect

    S3 Premium Plus 36/10
    2016 - .00009 and 54%. $2000 marketing allowance and complimentary first payment.
  • lucas_dumdielucas_dumdie Member Posts: 3
    Hello Michaell.

    Can you provide the residual & MF for a 2016 & 2017 S3 Premium Plus 48months 10k & 12k miles?

    Thanks for your help.
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Hello Michaell.

    Can you provide the residual & MF for a 2016 & 2017 S3 Premium Plus 48months 10k & 12k miles?

    Thanks for your help.

    You don't want to lease any Audi for 48 months ....

    42/12 numbers are much better ... 49% and .00072. Add 1% for 10K

    Complimentary first payment.

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  • lucas_dumdielucas_dumdie Member Posts: 3
    Thanks. Are these numbers for 2016 or 2017 S3?
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Thanks. Are these numbers for 2016 or 2017 S3?

    As this is the 2017 discussion, I assumed that those were the numbers you were requesting... :sunglasses:

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  • djmanodjmano Member Posts: 8
    edited November 2016
    Does Audi offer a 24/12 or 24/13.5 lease on the S3?

    If so, would you please be able to provide the #s for the 2016 and 2017 models? Thank you very much.
  • kyfdxkyfdx Moderator Posts: 207,760
    djmano said:

    Does Audi offer a 24/12 or 24/13.5 lease on the S3?

    If so, would you please be able to provide the #s for the 2016 and 2017 models? Thank you very much.

    2017: .00095 MF and 63%/61% residual for 24 months, 12K/15K/yr.

    2016 discussion is here:
    http://forums.edmunds.com/discussion/34914/audi/s3/2016-audi-s3-lease-questions#latest

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  • s4cruisers4cruiser Member Posts: 24
    What's the rates for 36/12 P+?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 207,760
    s4cruiser said:

    What's the rates for 36/12 P+?

    Thanks!

    .00095 MF and 56% residual

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  • s4cruisers4cruiser Member Posts: 24
    kyfdx said:

    s4cruiser said:

    What's the rates for 36/12 P+?

    Thanks!

    .00095 MF and 56% residual
    Thanks!!
  • moorejazzbassmoorejazzbass Member Posts: 17
    What are the current MF and residual 2017 S3 36/12 in MA
  • kyfdxkyfdx Moderator Posts: 207,760

    What are the current MF and residual 2017 S3 36/12 in MA

    .00095 MF and 56% residual for Premium Plus.
    55% residual for Prestige.

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  • lunch62lunch62 Member Posts: 30
    MF and res. for 2017 S3 42/15 ? Columbus, Ohio
    Thanks
  • MichaellMichaell ColoradoModerator Posts: 206,103
    lunch62 said:

    MF and res. for 2017 S3 42/15 ? Columbus, Ohio
    Thanks

    .00115 and 50% for Premium Plus. Subtract 1% for Prestige trim.

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  • lunch62lunch62 Member Posts: 30
    Audi care adds 1% to res correct?
  • MichaellMichaell ColoradoModerator Posts: 206,103
    lunch62 said:

    Audi care adds 1% to res correct?

    Correct.

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  • ztaylor0ztaylor0 Member Posts: 10
    In MD, looking for 2017 S3 Premium Plus. MSRP $48,780
    What is a reasonable price to pay after rebates and discounts?
    MF and Residual Value?
    42 month/10K
  • kyfdxkyfdx Moderator Posts: 207,760
    ztaylor0 said:

    In MD, looking for 2017 S3 Premium Plus. MSRP $48,780
    What is a reasonable price to pay after rebates and discounts?
    MF and Residual Value?
    42 month/10K

    .00115 MF and 53% residual.

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  • pafny88pafny88 Long Island NYMember Posts: 10
    have the S3 numbers changed from Nov to Dec? .00095 & 56% on p+ 12k x 36 mo??
  • MichaellMichaell ColoradoModerator Posts: 206,103
    pafny88 said:

    have the S3 numbers changed from Nov to Dec? .00095 & 56% on p+ 12k x 36 mo??

    No change in December; those numbers are correct.

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  • ztaylor0ztaylor0 Member Posts: 10
    Is the .00095 & 56% on the 12K/36 mo nationwide or state specific? Looking for MD figures.
  • kyfdxkyfdx Moderator Posts: 207,760
    ztaylor0 said:

    Is the .00095 & 56% on the 12K/36 mo nationwide or state specific? Looking for MD figures.

    National

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  • mhpdx111mhpdx111 Member Posts: 43
    can I get residual and MF for a 2017 S3, both Premium Plus and Prestige 10k/36mo?
    thanks!
  • MichaellMichaell ColoradoModerator Posts: 206,103
    mhpdx111 said:

    can I get residual and MF for a 2017 S3, both Premium Plus and Prestige 10k/36mo?
    thanks!

    .00095 and 57% (P+) or 56% (Prestige)

    Complimentary first payment.

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  • mhpdx111mhpdx111 Member Posts: 43
    thanks Michael
  • mhpdx111mhpdx111 Member Posts: 43
    Kinda angry right now. Local dealer in Oregon just quoted me a price that was 00180 / 57% on a 2017 Premium Plus S3 10k/36mo. Salesperson claimed that was the "standard" rate.
  • MichaellMichaell ColoradoModerator Posts: 206,103
    mhpdx111 said:

    Kinda angry right now. Local dealer in Oregon just quoted me a price that was 00180 / 57% on a 2017 Premium Plus S3 10k/36mo. Salesperson claimed that was the "standard" rate.

    Be polite and tell them you won't sign a deal with an inflated MF - they know what the base rate is.

    Might be a good idea to reach out to other Audi dealers, to get them to compete against one another.

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  • master_min23master_min23 Member Posts: 76
    Hi Michaell,

    Looking for lease numbers on 2017 Premium + at 36/10k, 39/10k, 42/10k. Wondering also what standard deals are out there? I believe first payment?

  • MichaellMichaell ColoradoModerator Posts: 206,103

    Hi Michaell,

    Looking for lease numbers on 2017 Premium + at 36/10k, 39/10k, 42/10k. Wondering also what standard deals are out there? I believe first payment?

    .00095 and 57% 36/10

    .00115 and 55% or 53% for 39/10 or 42/10

    Complimentary first payment

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  • mrkrazykarlmrkrazykarl Member Posts: 1
    edited December 2016
    Hi Michaell,

    Looking for lease numbers on 2017 Premium + at 36/7.5K? Located in Raleigh, NC. 

    Is the only current incentive first months payment?

    Thanks!
    Karl
  • MichaellMichaell ColoradoModerator Posts: 206,103

    Hi Michaell,

    Looking for lease numbers on 2017 Premium + at 36/7.5K? Located in Raleigh, NC. 

    Is the only current incentive first months payment?

    Thanks!
    Karl

    .00095 and 58%

    Correct - first payment is complimentary.

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  • carsabecarsabe Member Posts: 14
    Michaell said:

    carsabe said:

    Hi, can I please get the MF/residual for a 2017 S3 P+ 36/10 and 36/12 in New Orleans, LA.

    Thanks for the help

    .00009 and 54% or 53%.

    $2000 marketing allowance and complimentary first payment.


    This is the 2016 discussion; 2017 discussion can be found here:

    .00009 and 53% / 51%.

    $2000 marketing allowance and complimentary first payment.
    Thanks for the response Michaell, and for redirecting me to the correct forum post.

    I see a post here from Dec 11 with 57% res for the same config 36/10 P+. Did the values drop this much to 53% since then?

    Also, on the Audi website, it says the 1st month payment promo applied to financed cars. I'm sorry if this is a silly question, but does that also include leased cars?

    And finally, for the $2000 marketing allowance. Let's say I already negotiated 8.5% off MSRP with the dealer, can I tack the $2000 on top of that or is that unrealistic?

    Thanks again for the advice
  • kyfdxkyfdx Moderator Posts: 207,760
    @carsabe

    2017 S3 PP 36/12
    .00095 MF and 56% residual.
    Add 1% for 10K/yr
    There is no marketing allowance for the 2017 model.
    There is complimentary 1st payment, not to exceed $600.

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  • carsabecarsabe Member Posts: 14
    kyfdx said:

    @carsabe

    2017 S3 PP 36/12
    .00095 MF and 56% residual.
    Add 1% for 10K/yr
    There is no marketing allowance for the 2017 model.
    There is complimentary 1st payment, not to exceed $600.

    Thanks for the help!
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