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Good through 07/31, along with the rest of the lease program.
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.00240? That can't be correct. Unless your credit is really, really bad.
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Yup. .0024. My Fico is north of 850
Run away. Quickly. Find another dealer. They must think you're some sort of Silicon Valley bajillionaire, with money to burn.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is the $42,600 already taken into account the $2500 & 1st payment lease cash? Monthly payment should be $500+ if so.
Yes, that is pretty low, for Audi.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2500 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
How did you get to a $464 monthly payment? I'm getting a $500+ number.
If so, you may have to stick to it. How would you feel if you had a negotiated price, in writing, and when the car arrived the dealer wanted to renegotiate to a higher price?
If it's not in writing, then all bets are off.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Deal received from dealer on an A4 Premium Plus Quattro (tech pkg, nav) today:
36mo/10K
MSRP 48,9990
Sales: 40,591
RV: 54%
MF: 0.00058
Due at signing: $700
Monthly Payment: $505 (Audi covers first payment under Summer of Audi special)
A few questions:
1. Summer of Audi must have diff MF/RVs? Thought it was 0.00018/53%? The 54% is nice but still more expensive.
2. I keep getting a $485 monthly number when plugging into standard lease models. What am I missing?
3. Is this a good deal? 40,591 seems to be really damn good for a Premium Plus Quattro
.00018 MF and 49% residual
$2500 lease bonus
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Money factor is marked up from .00018
$2500 lease bonus (likely included in your sale price.. rebates are also taxable)
You need the adjusted CAP cost with tax and acquisition fee, dealer fees, etc, etc... to be able to calculate the lease payment.
The money factor markup adds about $30/mo.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'm not certain if Audi lets you choose which program you can use - if you use the current program, then you qualify for the complimentary first month payment incentive.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I think I was missing acquisition fee, which is around $1000. I asked multiple times why the MF is not .00018 to the sales manager and he said that he gets a sheet from Audi and that's what it is and varies based on region (I'm in TN). This is the same with an A4 ultra Premium FWD as well where the MF should be 0.00035 but they quoted me 0.00075. How should I go about this? Is what they offered a good deal nevertheless?
Most Audi dealers will attempt to markup the money factor. I'm not sure it's time-specific.
"Thanks for your time, I only sign leases with the base rate", then hit the bricks for the next dealer.
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Acquisition fee is $895. Also, period.. lol
In GA and TN, there is also likely a big dealer fee.. Ask for the adjusted CAP cost.
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AWD: .00018 MF and 60%/53% residual
$2500 lease bonus
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Initial Cap: $44,000
Rebates: $3,500
Acq Fee: $895
Doc Fee: $589
Adj Cap: $42,000
Monthly Payment: $500 (Audi covers first one)
Due @ Signing: $700
To be fair the sale manager did say MF is marked up after further explanation and back and forth. Closing on deal and taking delivery on Sunday. $500/mo a bit more than what I had in mind but numbers good enough for me to close.
I'd be interested to see what the MFs are for these dealerships though.
I started seriously researching this car and pricing about 4 months ago. I used to email this dealership a couple of times a month for lease pricing. I used the info provided by @kyfdx and @Michaell to compare with info provided by the dealership. Fast forward to today. I could not have passed up this deal. Let me explain (will try and be short).
I have owned a 2013 Honda Accord EX-L sedan for the past five years. Upon hearing of the release of the 2018 Accord, I was excited but then quickly disappointed by the design and some features. Anyway, I wanted my next car to be all wheel drive but not an SUV. I was looking for a sporty luxury sedan that fit that mold. I was close to leasing an '18 TLX A-spec V6 SH-AWD Red not long ago, but Acura dealer was not honest with incentives. Anyway, I am extremely happy with this deal. Dealer offered me $12k for my trade right off the bat. Decided to not negotiate and took it. Will be picking up my check as soon as I receice my title from the RMV.
I plan to pick up my car some time next week, but not sure when exactly.
Deal was at Audi of Burlington. If you want a similar deal, you will have to move fast since the end of month is fast approaching. There are less than 10 A4 Premium Plus with navigation & telematics, premium plus package, cold weather package, Audi beam rings, and the floor mats. Message me and I will share the name of the sales people I worked with. You might not get the same exact deal, but you will probably get at least 13% off MSRP before rebates and first month complimentary payment.
Good luck to all the folks looking to lease an A4. The service already at the dealership has been top notch, compared to Honda. This Audi dealership even has free ice cream. My kids loved it. My wife took out an A4 for a test drive and she gets it why I had to take this deal and run.
Today, I finally had some free time to go to the dealer but I didn't have high hopes, I figured I might be aiming to high. I went in looking for a low mileage lease (7500). I drive my truck a fair amount so I'm not worried about going over on miles. The dealer had a 2018 Audi A4 2.0T Summer of Audi Premium model with a 6 speed manual (which I prefer). Would love a cold weather package, but not needed. It at least has heated seats. The sticker on the car is $45,550, comes with an 18" tire package, Audi beam rings and Audi guard protection kit.
They came right out with $2000 down. A payment of $581 all in with taxes, they payoff my car, etc. My current monthly on a loan for the GTI is $355. So I was way off my goal.
After going back and forth, their last off was still me coming up with the $2000 down, but my monthly payment was $400 even with taxes figured in and them paying my first payment. The $2000 is something for sure. But I get a lot more car for $45 a month more. My question is...is this a fair deal or could I do better?
1. Sale price of the car before rebates. Ask if they did not say.
2. Did they mention the $2500 lease incentive?
3. Are the terms 3 years/7.5k miles?
4. What is the RV and MF they are using? If you do not know, ask.
5. Dealer doc fees and other fees? Acquisition is $895.
6. What is the amount due at signing? You should normally cover first payment, and all fees.
Without any of this info, it will be hard to provide any feedback.
Btw, saw your PM. Responded.
To answer your questions:
1) I'll call tomorrow and find out.
2) Nothing mentioned other than they fact they are giving me more for my trade and selling the car with all rebates includes.
3) Yes 3 years/7.5k. With them paying the first payment. So only 35 payments remain.
4) Need to find out. I did ask residual and he said 55%.
5) All fees and monies due at closing are included in the $2000 down.
6). See #5.
I just made the following deal on an A4 Premium Plus (Arctic white w/tan interior):
MSRP:$48,240
Cold weather, Nav, Premium Plus Packages
10k miles, 36 months
No Downpayment
All fees, taxes and costs rolled in
ONLY first month of $475 due at signing
$475 per month
Thoughts?
Their first offer was as follows - would be curious if you think this is a good deal
MSRP: 39,725
Discount: 1,500
Cap Cost: 38,225
Cap Red: 2,500
Net Cap: 35,725
Residual: 54% (think this may include Audi Care bonus)
MF: .00035
Taxes: 10.5%
Monthly Payment: 460
Cash Drive Offs: 2,352
$2500 lease bonus
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The dealer came down from $581 to $400 per month? Does it bother you that they tried to take you for $6500 extra on their first offer?
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Quattro, I assume?
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What dealer ever starts at their best offer? In my experience (all purchases not leases before this) there are none.
Here are the numbers from my dealer. Msrp 45,550. Cash at closing is $2000. It covers my first payment as well My cash price is 40,400. With desitination and doc fee 41,690. They gave me 19000 even on my trade (better than I expected). My residual is 25,052. (55%). My MF is .00048. My monthly payment with taxes is $398.49.