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2013 and Earlier Audi A8 Lease Questions
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Is this october lease rates for the 2009 model? Also are there any dealer incentives available on the 2009 model which is compatible with the lease rates?
Car_man
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I have a chance to lease used ( 2007 ) A8 for 36 months, 10K a year for $800 a month. This car comes with 100,000 miles 6 years warranty. Total out of pocket at sign in about $2400 ( including first payment ). Does it make sense to lease used car for this price ? Car looks perfect inside and out.
Thank you.
A dealer in the New York metropolitan area is offering me a 36 month lease for 10K per year on a A8L with 19" wheels and a cold weather package for $1,535.25 per month (taxes rolled into the payment), with no money down and the first payment waived (i.e., just 35 payments over the lease term). What do you think of this?
Many thanks!
THB
I would be happy to give you my opinion of this deal, but it would be easier for me to do so if you would provide me with this car's MSRP and selling price first.
Car_man
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The 2009 Audi A8L comes in Phantom black with amoretto leather with tha cold weather package and the ventillated/massage front seats. The MSRP of this car is $81,175 and the dealer is quoting a selling price of $77,648. A 36 month lease with 10,000 miles per year, including Audi Care and sales tax, comes to $1490 per month. Audi will make my first payment if I sign up before July 5th. ), so the amount due at signing would be $1091.41 consisting of the bank fee and DMV fees. Let me know what you think.
Many thanks!
THB
THB
Audi is currently providing $2,500 loyalty cash or $2,000 conquest cash on leases of the '08 A8. It's likely that you qualify for one of these incentives. Plus this car probably has a spread of around $5,500 or so between its full MSRP and its dealer invoice price. That's a total of $7,500 to $8,000 to play with in your negotiations. You are only being given a $3,500 discount on this car. I personally would want a larger discount if I was in the market for one.
Car_man
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On the price front, please tell me if I'm thinking about this right. As I see it, the dealer has offered me about $3,500 off list price. I'm also getting the $2,500 Audi customer loyalty discount and Audi is making my first lease payment (worth about $1,500). So, if I negotiate a further $500 price reduction, that would total to $8,000 in discount, right?
Many thanks for your help. It's a great forum!
thbell
Car_man
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I just wanted to give everyone an update on my Audi experience in Virginia. I have a 2007 BMW 530xi coming off lease. Although I was happy with my car, I was looking to upgrade. I looked at an Audi A8L a few weeks ago. There was one in the showroom, with the B&O audio/Sport package, etc, for an MSRP of around 89,000, and we negotiated to around 84,500. The lease options were very unattractive with residuals of about 40%. The sales manager bascially said that some companies, i.e. BMW, create incentives that favor leasing vs Audi, which seems to encourage buying outright. I am aure I could have gotten more of a deal but I just found it hard to justify buying or leasing a car with that much depreciation. I finally settled on a BMW 550.
Can you give me the AFS lease rates for the A8 42 MONTHS AND 39 MONTHS FOR 15K miles a year. Also is Audi providing any cash on this car other than the $1500 loyalty? They provide conquest right? Can the conquest and loyalty be used together?
Thanks
The $1,500 loyalty / conquest offer on leases ($3,000 on purchases) is the main cash incentive on this car right now. I doubt that they can be combined though.
Car_man
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Thanks for your hard work, Im a fan of your posts.
Can you give me the AFS lease rates for the 2012 A8L for 36 MONTHS /15K miles a year. Also is Audi providing any cash on this car for new owners coming from 2008 LS460?
I know they were doing that for the '11 MY a few months back, but Im not sure if it carried over to the '12 models.
Thanks
Audi Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2012 A8L with 15,000 miles per year are .00118 and 47%, respectively for consumers who qualify for its top credit tier.
Yes, Audi does have a cash incentive on the '12 A8 for current Lexus owners. It's $1,500 on leases and $3,000 on purchases.
Car_man
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You always have the info.
Do you have the money factor and residuals for 36/39/42 with 15k/year? Do you recommend waiting a few months or jumping in now as I know the 2012's just arrived...
The numbers for an otherwise identical 39-month lease are .00138 and 45%.
It's always difficult to predict what automakers will do with their future programs, but I wouldn't be surprised in the least if Audi's December program for the A8 was more attractive than its current program.
Car_man
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Car_man
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Car_man
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Car_man
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What is the rate for the 2012 A8 if we only drive 10K per year? Is the money factor different? Is the residual higher with the lower mileage? I'm a current Audi owner. In an earlier post you mentioned a reward/loyalty program. Is that still in effect? Thanks in advance
Audi is currently providing a $2,000 cash incentive on leases of this car to loyal customers.
Car_man
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The numbers for an otherwise identical 39-month lease are .00078 and 43%.
One can convert a money factor into an approximate money factor equivalent by multiplying it by 2400.
Audi is currently providing a $2,500 cash incentive on this car to current Range Rover owners.
It's difficult to say what Audi's future programs will be like on this car.
In order to get the best deal, shop around for the lowest possible selling price and then have the dealer take the cash incentive and base money factor into account.
Car_man
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thbell
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The residual value for a lease with only 12,000 miles per year would be 2% higher.
Audi is currently providing a $1,500 cash incentive for current AFS lessees who lease a new A8.
$1,000 in equity might not be enough to make a difference when you turn your current car in, but it's worth a shot. See if the dealer will be willing to do anything for you.
Car_man
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I see some 2013 A8s showing up in dealer lots. Could you please provide the current lease rates for 2012 and 2013 A8 cars with 36 month/12,000 and 15,000 miles a year.
Also do you know of any incentives Audi may be offering dealers to help clear out the remaining 2012 models.
Many thanks.
thx for your help.
Audi Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 A8L with 15,000 miles per year are .00063 and 48%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2012 model are .00036 and 46%.
The residual values for leases with only 12,000 miles per year are 2% higher.
Audi is providing a $3,000 cash incentive on leases of the 2012 model to current owners of Audis and select competitive luxury makes.
Car_man
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Audi is currently providing a $3,000 cash incentive on leases of this car to current owners and lessees of Audis and select competitive luxury makes.
$1,000 over invoice minus the cash if you are eligible for it seems like a reasonable offer to me.
Eighteen months is a lot of time left on a lease. Obviously, your least expensive option would be to wait until you are closer to the scheduled end of your current deal to get something new. If you have to get something now it's likely going to cost you. You will have to either find someone to assume your lease or pay a decent penalty to get out early.
Car_man
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Thanks.
Car_man
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Thanks for answering my questions on a May lease, I am still working on my deal so I wondered if you could update me on what the lease rates look like for June for the 2013 SWB A8. I am looking for
10K and 12K and 36 and 42 months.
Many thanks!
The numbers for an otherwise identical 42-month lease would be .00112 and 46%.
The residual values for leases with 10,000 miles per year would be 1% higher.
Car_man
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Can you give me residual and money factor for July for the 2012 A8 L? Also, any loyalty or other incentives?
Thanks.
Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2012 A8L with 15,000 miles per year are .00016 and 45%, respectively for consumers who qualify for its top credit tier.
As far as the incentives that are available on this model go, there is $3,000 loyalty cash, Audi is waiving its first month's payment and there is free Audi Care maintenance on it
Car_man
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i just looked at a 2012 A8L 4.2 for 96,000 sticker price and $88,000 invoice price. what would the monthly lease look like for 20,000 miles for a 39 month lease?
Do you suggest going for the 2013 A8 3.0 (sounded loud but not stiff) or waiting for the 2013 version with a 4.0 engine?
Thank you,
Emran
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