Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Audi A4 Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I am on the verge of placing an order for an Audi with those specs. Got the car buyers info from consumer reports and the invoice price is $35,933. If i were to buy it,the price i negotiated is, $500 over invoice($36,433.) Money factor 0.00139,residual 74%. On a 2yr,12,0000 mile lease. The salesman said it would be around $477 a month but it might be less by the time the car arrives from Germany.
Need some help urgently,please. I am thinking about leasing an A4,2006,tiptronic,quattro,sun pckg,tech,premium,dolphin grey paint. MSRP $39,290. Getting it for $36,635,money factor 00147,residual 74%. 2yr lease and 12,000 miles per year. Would not get it untill about Feb 06. As it is now what would the monthly payment be? He also said that by the time the car arrives i might get a better rate.
Please let me know what you think.
-Elle
Thanks!
Please refer to the Rules of the Road on the left hand side of the page.
regards,
kyfdx
Host-Prices Paid Forums
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
i'm in the market for an a4 quattro, 2.0L.
in trying to extend the lease deal to 3 yr and 15k, they quoted me a residual value of 59% with the money factor of 0.00139. i guess i understand the residual will drop from the 76% level you get with the 24mo/10k deal, but i really have no point of reference if this is reasonable.
the salesman claimed the residual figures are all set by audi financial, and could not be negotiated. true?
seems like a decent deal, but just wanted to be sure...
thanks again.
That is an unusual occurrence, but when it happens, it is best to take advantage of it.. The downside is you will be back in the market in only two years..
Car_man has the residual and money factor information for these leases.... but, residuals are set in stone by the bank.. the dealer cannot change them.. Money factors are set by the bank, as well, but dealers have the option of marking them up for increased profit... however, they can't go below the factor set by the bank.
regards,
kyfdx
Host-Prices Paid Forums
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
i guess i'm fresh off the home mortgage circuit, and the idea of "locking-in" to a good lease rate for 3 years sounds appealing, especially if the deal sounds this rare.
(ps- is the deal this rare?)
thanks again...
I'm not really in the prognostication business... Lease deals can be changed monthly, and when they are running an especially attractive program, they sometimes go away, once sales expectations are met..
If you are in the market for this car, this would be a good time to lease it.. I would just have a hard time taking the 36 month lease over the 24 month lease right now...
regards,
kyfdx
Host-Prices Paid Forums
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks..
Thanks..
What are current residual and money factors for a new 2006 Audi A4 2.0, 24 months, 12k miles?
I was quoted 75% residual and 0.00139 money factor.
I was also told no factory to dealer cash back on this model.
Does that seem accurate to you?
Thanks for all your answers on this forum.
Many thanks!
Any ideas on what they are for December?
Also, I thought it was 75% for the 2-year, 10k miles/yr deal for the FWD and 76% for the Quattro.
they told me A4 quattro sedans were 0.00139 and 10K at 76%, 12K at 75% 24 month.
The Avant A4 quattro wagon had even better residuals at 78% 10 K and 77% 12K !!! Avant MF at 0.00185.
I scheduled a test drive this Sunday with the guy I'd been emailing about leases and he didn't warn me that it would be ending at the end of October so we'll see.
I got a price for an A4 2.0T Q with Sunroof Package, Auto, and Heated front seats (in NJ). It is a 24 month lease with nothing down with 15k per year. The monthly payment is $423 (including 6% sales tax) with around $1360 due at signing. Is this a good price? Is there further room to negotiate?
Thanks!
But the regional sites seem to lag behind. The bayareaaudidealers.com site still says Nov. 30.
Since the deal is coming from AFS, presumably it's good all across the nation through Dec.
Local Audi dealer here in Cleveland has the 24-mo lease offer on the Audi A4 2.0T Quattro Sedan with base MSRP on the auto transmission of $30,940. Money factor is 0.00139 as others describe with 76% residual for 10,000mi/yr or 75% for 12,000mi/yr.
In addition, I asked about making extra deposits and they are offering a discount of 0.00008 on the money factor for each extra month's deposit. I calculate that the two-year return on this comes out to nearly 30%, very sweet indeed. So if I give Audi an extra $3,800 or so I get roughly a $900 discount - and get my money back in just 24 months. Let CDs beat that!
Out of interest I looked at the Mazda 3s Grand Touring that has a MSRP of $22,400. It's $10,000 cheaper but Mazda's finance rates suck compared to Audi's - the lease comes out to $352/mo on this car, barely below Audi's awesome rate. I tried bargaining with the dealer but no go, he knows he'll sell the 3s without problems. Interestingly he told me that the residual value at 36 months was just 50% - I argued that 57% - 59% was closer to the truth but he said "Don't believe everything you read on line." Shifty or am I just imagining it?
I am leaning towards the Audi with the MSDs, great car at a great price, I can get an effective interest rate of just over 1% and a residual of 75% for 12,000mi/yr. Is there anything with a better deal on at the moment in this segment?
If the car gets totaled or stolen, do you get your MSDs back?
Or is it like putting down big downpayments on a lease and you're out of luck if the car gets stolen?
Car_man
Host
Smart Shopper / Prices Paid Forums
The one thing about this deal that humps out at me is the large down payment that you are making. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your A4 would be exactly the same, regardless of whether you had put $5,000 down, or had made absolutely no down payment at all.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
The Mazda dealer that you spoke with was right. This car's 3 year, 15,000 miles per residual values are right around 50% right now. It's not a very good vehicle to lease when you combine its average residual values with its even worse lease money factors. You would be much better off leasing the Audi A4. As far as other vehicles in this segment that have attractive lease programs available on them, take a look at the 2006 BMW 3-Series. BMW is running some very attractive 2 year leases on it right now.
Car_man
Host
Smart Shopper / Prices Paid Forums
Car_man
Host
Smart Shopper / Prices Paid Forums
MSRP including destination and the metallic paint would be $35,460. As he worked through the price, he claimed he would be giving me $500 over invoice plus $300 for transport costs. So that implies $800 over invoice.
Option #1: $1350 drive off and 382.38 per month plus CA tax of 8.25% (or 413.93) for 24 months, 20k miles.
Option #2: $712.61 drive off and 408.88 per month plus 8.25% tax (or 442.61).
Total lease costs including drive off, 23 monthly lease payments with tax and $350 Disposition Fee are $11,221 for Option #1 and $11,243 for Option #2.
For some reason, I thought I could do around $10k or $1000 less than these.
On the printouts, it lists Gross Cap Cost as 34,374. On Option #1, there is a Cap Reduction of 615.31 resulting in a Net Cap Cost of 33,759. On Option #2, there is no Cap Reduction so the Net Cap Cost is 34,374.
So where is this $800 over invoice?
Plus in one of the screens, it looked like he was using a MF of .00152. When I pointed out the AFS buy rate was .00139, he said they were making a bit more back for giving me a low price. But it doesn't seem that way. He said it was actually a difference of about $9 a month between .00152 and .00139.
Now the other quote I had a couple of weeks back was for a 2.0T CVT, Silver, Premium, Sunroof and Sirius for MSRP of 34,285 and selling price of 32,734. Driveoff was $1273 and monthly was $375.09 not including tax.
So the total lease price including $350 Disposition Fee for the two years would be $10,962. Now I thought this deal was using .00139 MF but it ends up being only about $260 less than the other dealer's quote above for a car which is about $1200 less for MSRP with equipment I don't really want like Sirius.
Do how do these deals measure up? Should I be able to get more reductions?
I love my new A4 2.0T quarttro avant wagon. I just got it a few days ago. It is so nice-- fit and finish in the interior is great.
below i will post numbers to my lease deal.
first-- let me say something i realized--- at first i didnt think i would get the car i did because it was in the showroom with LOADED packages and add-ons. Things i didnt think was necessary. But heres the deal- when you lease-- you get to multiply the residual % times the MSRP, so if the MSRP is higher (loaded packages and goodies), then your residual is higher and the gap between cap cost (negotiated price) is essentially the same as if you got a lower priced car without all the fun.Especially right now with the high A4 residuals-- it works out well.
I AM SOOOO GLAD I GOT THE LOADED CAR-- ITS SO MUCH FUN AND THE PACKAGES LIKE TECH BLUETOOTH, BOSE STERIO UPGRADE AND TIRE-WHEEL UPGRADE ARE SWEET.
For basically the same lease payment-- you get NICER car than otherwise 'average'. I can not tell you how much of a difference at least the BOSE and the wheels make.
(just like shoes-- make an outfit).
i also got the manual 6 speed-- its so much fun to drive and control with this engine, if you are into that sort of feel.
here are my numbers:( for a 2 year 12K)-
MSRP- $38,185
negotiated price- 36,440
money factor- 0.00185 (avant)
Residual higher for avant=77% (78% if you get 10K)
i put down 2K to reduce the cap cost (brought down to $34,440)
monthly payment=$329, $358 (includes state tax at 9.1% WA).
THE CAR IS SWEET! GO FOR THE LOADED AT THESE RESIDUALS-- as long as whatever MSRP you be sure to negotiate a decent selling price well under that. It took some effort and haggling but worth it- at least i got under TMV true market value for this car. It looks like i got about $1700 discount from MSRP.
my packages included premium, sunroof, TECH, BOSE premium sound, wheel upgrade, cold weather, wiper? and something else?. The car talks to you!
Can you please tell me the December MF and residual for the A4 1.8 Cabriolet on a 24 month, 12000 mile/yr lease?
With a selling proce of about 38,500 and $2000 down (this is a gift - I know better than to make a down payment on a lease!) what kind of pre-tax monthly payment am I looking at?
Thanks Car-Man.
I just have a general question concerning purchasing or leasing the A4. I want to purchase an Audi A4 2.0T Quattro 6spd with the S-Line pack, Premium Pack, and Sunroof Pack. Edmunds has the car at $34,005 INVOICE and $36,296 STICKER. I have located this car in another state and upon calling the dealiership, the salesman quoted me a price of $35,200 for the car. Obviously that is the first offer and hopefully I can get that a little bit lower but not much. I live in TX.
From reading all these posts, I should expect a lease payment around the mid $400 range leased for 3 yrs at 15000 miles. Now I am not a person that sees leasing as a means of having a new car every few years. I would like to OWN the car. However, if I opt to finance with a relatively low down payment in the $5-7k down payment range, my payments would be close to $600, as opposed to to $400 something by leasing.
I have NEVER leased before. I would like to have the lower payment of the lease and really need to stay away from the $600 payment by finacning. My question is to determine if it is financially viable to lease the car for the 3 yr term for the lower payments knowing full well I will KEEP the car when the terms are up and finance the rest. Does it make good financial sense to do this on the 2006 Audi A4 2.0T Quattro??? Would I be better off just financing the car from the get go and stay away from the lease since I know full well I want to keep the car and OWN it? What are some the circumstances I shold be made aware if I decide to lease then purchase. After the 3 year lease term is up, what kind of residual should I expect to pay and how is this usually handled?? I figure if I pay $450 a month leasing X 36 months = approx $16,000. Subtract that from the $35,000 selling price equals around $19,000 left to finance. Pardon my ignorance, but is that how it works?
Obviously I do not want to be paying for the car for 6 or 7 years, So would it be in my best interest to just cough up the $600 payment and finance the car for 5 years? Or is it "okay" to lease then buy for this particular car??
What do you think I should do???
I appreciate any feedback you may have, your posts have been a big help. Thank-you
Steve
I checked Audi's numbers on a lease calculator and they're spot on, $369/mo is right (excl. taxes, doc fees, etc).
Is this reasonable?
I assume that this price seems reasonable?
Jon.