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

njbunnylover

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

kyfdx

njbunnylover said:

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

Looks like $42,924 is the total price before CAP reduction, without sales tax.

kyfdx

njbunnylover said:

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?

njbunnylover

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.

kyfdx

njbunnylover said:

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.

njbunnylover

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

isellhondas4

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?

njbunnylover

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.

njbunnylover

Thank you very much. I appreciate your insight.