2018 Audi S5 SB Prestige lease help please

audifana6

Below are the numbers I was quoted by my dealer. Anyone who recently leased an Audi s5 SB prestige that could compare?? Need help on running these numbers too. They seem high to me.

2018 Audi S5 sportback prestige

MSRP: 67,750.00
Selling Price: 64,362.50
Aftermarkets: 1,000 **any idea what this is??**
DLR Admin fee: 649.00
Acquisition Fee: 895.00
Cap Fees: 89.00
Gross Cap Cost: 66,995.50
Net Cap Cost: 66995.50
Residual %: 58% (12k miles)
Residual amount: 39,295
MF: .00250
State: NC
36 months
Payment: 1,066.25 - including taxes

Thoughts??

kyfdx

audifana6 said:

Below are the numbers I was quoted by my dealer. Anyone who recently leased an Audi s5 SB prestige that could compare?? Need help on running these numbers too. They seem high to me.

2018 Audi S5 sportback prestige

MSRP: 67,750.00
Selling Price: 64,362.50
Aftermarkets: 1,000 **any idea what this is??**
DLR Admin fee: 649.00
Acquisition Fee: 895.00
Cap Fees: 89.00
Gross Cap Cost: 66,995.50
Net Cap Cost: 66995.50
Residual %: 58% (12k miles)
Residual amount: 39,295
MF: .00250
State: NC
36 months
Payment: 1,066.25 - including taxes

Thoughts??

Thoughts? That's a terrible deal.

Money factor is marked up from .00194
Besides the $649 dealer fee, you have another $1000 that is likely semi-useless accessories.
The discount from MSRP is about 5%, which is average.
The money factor markup alone adds $60/mo.+tax

audifana6

Does the residual factor increase by 1% if you get Audi care? If so, thoughts? Is it worth it? Thanks

kyfdx

audifana6 said:

Does the residual factor increase by 1% if you get Audi care? If so, thoughts? Is it worth it? Thanks

Yes it does. yes, it's worth it

audifana6

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

kyfdx

audifana6 said:

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

If that's the adjusted CAP, I get $830/mo.+tax.
Isn't auto tax in NC around 3%?
If so, that seems about $35/mo. too high.

audifana6

That's what I was told about the adjusted cap cost. I will have them give me a break down on paper.

NC tax is 3%

audifana6

with 3 percent tax what is your payment coming to? I'm putting the numbers in the payment calculator and am coming up with $889 and change.... what am I missing??

Thanks

audifana6

kyfdx said:

audifana6 said:

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

If that's the adjusted CAP, I get $830/mo.+tax.
Isn't auto tax in NC around 3%?
If so, that seems about $35/mo. too high.

with 3 percent tax what is your payment coming to? I'm putting the numbers in the payment calculator and am coming up with $889 and change.... what am I missing??

kyfdx

audifana6 said:

kyfdx said:

audifana6 said:

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

If that's the adjusted CAP, I get $830/mo.+tax.
Isn't auto tax in NC around 3%?
If so, that seems about $35/mo. too high.

with 3 percent tax what is your payment coming to? I'm putting the numbers in the payment calculator and am coming up with $889 and change.... what am I missing??

Are you applying the 3% tax to the payment?
I did, and got $855/mo

audifana6

kyfdx said:

audifana6 said:

kyfdx said:

audifana6 said:

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

If that's the adjusted CAP, I get $830/mo.+tax.
Isn't auto tax in NC around 3%?
If so, that seems about $35/mo. too high.

with 3 percent tax what is your payment coming to? I'm putting the numbers in the payment calculator and am coming up with $889 and change.... what am I missing??

Are you applying the 3% tax to the payment?
I did, and got $855/mo

So here is the full detailed quote and numbers.... good deal?

2018 Audi S5 Sportback Prestige

MSRP: $65,400
Discount: $4,000
Rebate: $2,000
Total: $59,400
Audi Care: $869
Tint: $395
Total: $60,664
Dealer Fee: $599
Tax: $62,97
Non Tax: $986 (apparently Audi charges a lease acquisition fee, is this correct?)
Adjusted cap cost: $62,311.97

MF: .00194
Residual: 59%
Tax (NC): 3%
Down payment: $881 (first month payment)
Payments: $881
36/12k miles

The car is in Atlanta. They are driving it up to me in Charlotte, NC and are also adding Audi beam rings ($250) and all weather mats for free.

Thoughts on this deal? This was about as low as I could get them to commit to. Do the numbers make sense?

Thanks

kyfdx

audifana6 said:

kyfdx said:

audifana6 said:

kyfdx said:

audifana6 said:

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

If that's the adjusted CAP, I get $830/mo.+tax.
Isn't auto tax in NC around 3%?
If so, that seems about $35/mo. too high.

with 3 percent tax what is your payment coming to? I'm putting the numbers in the payment calculator and am coming up with $889 and change.... what am I missing??

Are you applying the 3% tax to the payment?
I did, and got $855/mo

So here is the full detailed quote and numbers.... good deal?

2018 Audi S5 Sportback Prestige

MSRP: $65,400
Discount: $4,000
Rebate: $2,000
Total: $59,400
Audi Care: $869
Tint: $395
Total: $60,664
Dealer Fee: $599
Tax: $62,97
Non Tax: $986 (apparently Audi charges a lease acquisition fee, is this correct?)
Adjusted cap cost: $62,311.97

MF: .00194
Residual: 59%
Tax (NC): 3%
Down payment: $881 (first month payment)
Payments: $881
36/12k miles

The car is in Atlanta. They are driving it up to me in Charlotte, NC and are also adding Audi beam rings ($250) and all weather mats for free.

Thoughts on this deal? This was about as low as I could get them to commit to. Do the numbers make sense?

Thanks

The calculations are correct.

You are going to have a car delivered from out of state, to save $10/mo?

audifana6

kyfdx said:

audifana6 said:

kyfdx said:

audifana6 said:

kyfdx said:

audifana6 said:

Here is another quote on 2018 S5 Sportback prestige

MSRP: 65400
7 % percent discount: $4,578
Loyalty credit: $1,000
Cap Cost: $61,475 (tag & title + dealer fee: $784; Audi Care: $869)
MF: .00194
Residual: 59% (36/12)
State: North Carolina
Putting down the first month payment
Payment: $891.87

Thoughts?

Thanks for your help.

If that's the adjusted CAP, I get $830/mo.+tax.
Isn't auto tax in NC around 3%?
If so, that seems about $35/mo. too high.

with 3 percent tax what is your payment coming to? I'm putting the numbers in the payment calculator and am coming up with $889 and change.... what am I missing??

Are you applying the 3% tax to the payment?
I did, and got $855/mo

So here is the full detailed quote and numbers.... good deal?

2018 Audi S5 Sportback Prestige

MSRP: $65,400
Discount: $4,000
Rebate: $2,000
Total: $59,400
Audi Care: $869
Tint: $395
Total: $60,664
Dealer Fee: $599
Tax: $62,97
Non Tax: $986 (apparently Audi charges a lease acquisition fee, is this correct?)
Adjusted cap cost: $62,311.97

MF: .00194
Residual: 59%
Tax (NC): 3%
Down payment: $881 (first month payment)
Payments: $881
36/12k miles

The car is in Atlanta. They are driving it up to me in Charlotte, NC and are also adding Audi beam rings ($250) and all weather mats for free.

Thoughts on this deal? This was about as low as I could get them to commit to. Do the numbers make sense?

Thanks

The calculations are correct.

You are going to have a car delivered from out of state, to save $10/mo?

Charlotte doesn't have one in the color I want. (Navarra Blue).

audifana6

How's the deal compared to other one's you've seen?

kyfdx

audifana6 said:

How's the deal compared to other one's you've seen?

We don't track pricing..

Feel free to peruse this discussion:
https://forums.edmunds.com/discussion/46783/audi/s5/2018-audi-s5-sportback-lease-deals-and-prices#latest

audifana6

I pulled the trigger. Thanks for all your help!

kyfdx

@audifana6 Awesome!!

Congrats!

Jaywowo

I leased a S5 SB prestige sales price 58k msrp 65,xxx.  36 month lease 12k $4500 down payment of 745.xx.  Seems to be a better deal then I see most people get. 

kyfdx

Jaywowo said:

I leased a S5 SB prestige sales price 58k msrp 65,xxx.  36 month lease 12k $4500 down payment of 745.xx.  Seems to be a better deal then I see most people get. 

Congrats!