I want to confirm whether or not I got a good deal on my lease - 2017 Audi A4

njbunnylovernjbunnylover Member Posts: 5
edited February 2017 in Audi
2017 Audi A4 Sedan 2.0T Quattro S tronic
MSRP: $42,350
Total price: $45,575
Gross cap cost: $41,418.97
$44,167 (including sales tax, title, doc fee, acq fee) = $2,749
Cap cost reduction: 2,478
Adjusted cap: 41,689.59
Residual value: $25,522.00
36 months/15k
S line
Money down: $2,000 plus 1st month payment, $478 = $2,478
Virtual cockpit, 18" all season tires

I live in NJ

Thanks so much


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Answers

  • kyfdxkyfdx Moderator Posts: 207,893

    2017 Audi A4 Sedan 2.0T Quattro S tronic
    MSRP: $42,350
    Total price: $45,575
    Gross cap cost: $41,418.97
    $44,167 (including sales tax, title, doc fee, acq fee) = $2,749
    Cap cost reduction: 2,478
    Adjusted cap: 41,689.59
    Residual value: $25,522.00
    36 months/15k
    S line
    Money down: $2,000 plus 1st month payment, $478 = $2,478
    Virtual cockpit, 18" all season tires

    I live in NJ

    Thanks so much

    Please explain the difference between "MSRP" and "total price".
    Is $45,575 the MSRP of this vehicle?



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  • njbunnylovernjbunnylover Member Posts: 5
    Sorry. Yes, $45,575 is the MSRP. This price includes all packages i.e. Heated seats, 18" all season tires, etc.; $42,350 was the price before the additions.

    Thanks so much.
  • kyfdxkyfdx Moderator Posts: 207,893

    Sorry. Yes, $45,575 is the MSRP. This price includes all packages i.e. Heated seats, 18" all season tires, etc.; $42,350 was the price before the additions.

    Thanks so much.

    .00043 MF and 56% residual? Must have the Season of Audi package?

    If the $2749 in additions all add up for you (did they itemize that?), then the payment is correct, with no markups to the money factor.

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  • njbunnylovernjbunnylover Member Posts: 5
    The breakdown for the $2,749 is:

    Sales tax: $1,243.47
    Title, license, registration fees: $331.15
    Doc fee: $379
    Acq fee: 795

    Yes, I did get a Season of Audi package

    Interestingly though and I just noticed this. On the Lease Closed end paperwork where everything is itemized the gross cap cost is $41,418.97 which is the number I gave you. However the Lease Waiver form reflects $42,924. Any idea why it would differ?

    Thanks again
  • isellhondas4isellhondas4 Guest Posts: 34
    To me, a 500.00/mo lease is mind boggling but to answer your question, if you are happy with the car and your lease terms I would simply stop trying to second guess this and simply sit back and enjoy your new car!

    I am surprised the residual is so high (a good thing) Resale values on Audis have either improved or they were desperate to move some cars so they raised the residual?
  • njbunnylovernjbunnylover Member Posts: 5
    Appreciate your feedback but don't really care if you think $478 Lease is mind boggling. My money, my payment.

    And, I'm not second guessing. I'm simply confirming that I made a good deal and it sounds like I did. The 2nd question I asked was in regard to the difference between the numbers on the paperwork. I'm just curious as to why they may differ. No big deal.
  • njbunnylovernjbunnylover Member Posts: 5
    Thank you very much. I appreciate your insight.
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