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2018 Audi A5 Sportback 2.0 Lease NJ

patadiapatadia Posts: 3
edited April 2018 in Audi
Guys,

Please comment on below numbers:

Msrp: $53,800
Selling price: $47,168
Rebate/cap cost reduction: 3986
Adjusted cap cost: $47247.00
Residual: $31,204
Depreciation: 16,043.00
Money to drive off: $4600 including taxes, title, reg, first month payment and other fees.
Monthly: $605/month for 35 months
Miles: 15k/36 months


Please let me know if this is a good deal? Also, this was the best by any margin when compared to other dealers.

Comments

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    patadia said:

    Guys,

    Please comment on below numbers:

    Msrp: $53,800
    Selling price: $47,168
    Rebate/cap cost reduction: 3986
    Adjusted cap cost: $47247.00
    Residual: $31,204
    Depreciation: 16,043.00
    Money to drive off: $4600 including taxes, title, reg, first month payment and other fees.
    Monthly: $605/month for 35 months
    Miles: 15k/36 months


    Please let me know if this is a good deal? Also, this was the best by any margin when compared to other dealers.

    .00205 MF and 55% residual for 36/15.

    The residual you've provided is 58%, not 55%.
    That would match a 36/10 lease. Are you sure they've provided you a quote for 36/15?
    The payment would suggest the quote is for 36/10.

    Which state?
    Do you have an itemization of the $4600 upfront?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • patadiapatadia Posts: 3
    edited April 2018
    Breakdown of $4600
    Taxes: $1550
    Doc fee: $500
    Acquisition fee: $895
    Title/Regist: $250
    Audi Care: 869
    First Month payment: $606.46

    Cap cost reduction is all of the above combined ($3986), without the first month($606.46, here is the Pink sheet, just have to sign and drive away..

    This is definitely for 15/36 mos... so remaining $606.46 for 35months.
    Also, there is a $495 disposition fee at the end of lease.


  • patadiapatadia Posts: 3
    Please let me know about the deal above, state is NJ.
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    patadia said:

    Please let me know about the deal above, state is NJ.

    I'm really worried about your residual.
    With AudiCare, it should be 56% for 36/15, not the 58% that they've calculated

    I wouldn't be surprised, if it got kicked back to the dealer.

    But, as written, the payment calculation is correct.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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