2019 Audi S5 COVERTIBLE

Moto21

Awesome site, thanks in advance for the help!!

Never leased a car before. Looking for MF and residual for a 2019 Audi S5 convertible. location is NJ 08527. Looking for 15K miles 24 and 36 month. Would appreciate any information on current rebates and incentive programs as well as any advice for a first timer in the leasing world.....you all do a great service with this forum and it's much appreciated!

Michaell

Moto21 said:

Awesome site, thanks in advance for the help!!

Never leased a car before. Looking for MF and residual for a 2019 Audi S5 convertible. location is NJ 08527. Looking for 15K miles 24 and 36 month. Would appreciate any information on current rebates and incentive programs as well as any advice for a first timer in the leasing world.....you all do a great service with this forum and it's much appreciated!

Premium Plus
.00147 and 60% / 53%
$1000 lease credit

Negotiate your best price, just like with a purchase. Be up front about the fact you are leasing.

kyfdx

Moto21 said:

Sorry, I see now the 60% is 24 months and 53% is 36 months. Now just looking for the Prestige numbers. I am also a returning Audi customer so I am assuming hte leasing credit will go up?

Subtract 2% from residual for Prestige trim.

$750 loyalty

kyfdx

Moto21 said:

AT THE DEALERSHIP NOW PLEASE HELP _ IS THIS A GOOD DEAL???

Audi S5 Convertible, Prem Plus
zip 08527
MSRP - 69545
Adjusted cap - 63920 (included deduction of $1750 loyalty and rebate)
MF .00147
Residual - 53%
36K miles
aquisition fee - 895

Drive off of $2900.04 (includes tax and dealer fees)
PAYMENT - 899.84

The monthly payment calculation is correct, with that adjusted CAP cost.

Seems reasonable for that vehicle, with that lease program.

kyfdx

Moto21 said:

I made a mistake in typing the info above. The quote is for 15k a year, 45k total. 
Is this a good deal?

Answered that already:
https://forums.edmunds.com/discussion/comment/5673093/#Comment_5673093

Moto21

Thank you.....I should have also asked for the Prestige please. Is that what the 53% is?

Moto21

Sorry, I see now the 60% is 24 months and 53% is 36 months. Now just looking for the Prestige numbers. I am also a returning Audi customer so I am assuming hte leasing credit will go up?

Moto21

Can someone please let me know if this is a good deal or what should change?

Audi S5 Convertible, Prem Plus
zip 08527
MSRP - 72690
purchase price - 65,821
MF .00147
Residual - 53% (36K miles)
aquisition fee - 895
loyalty $750
Rebate - $1000
PAYMENT - 945

Moto21

forgot to add that they want $4,062 drive off. Thats tax, first month and fees

kyfdx

Moto21 said:

Can someone please let me know if this is a good deal or what should change?

Audi S5 Convertible, Prem Plus
zip 08527
MSRP - 72690
purchase price - 65,821
MF .00147
Residual - 53% (36K miles)
aquisition fee - 895
loyalty $750
Rebate - $1000
PAYMENT - 945

Assuming 36 month term
53% is the Prestige residual
55% for Premium Plus.

Do you have the adjusted CAP cost?

Moto21

would that be the purchase price of 65,821

Michaell

Moto21 said:

would that be the purchase price of 65,821

Plus any taxes and fees you are not paying up front, less any cap reduction (down payment).

Ask the dealer for this number, and make sure you understand what was added to the selling price to get there.

Moto21

So the $4062 due upfront is supposed to be the taxes, first month and fees. I told them no down patment

kyfdx

Moto21 said:

So the $4062 due upfront is supposed to be the taxes, first month and fees. I told them no down patment

Ask for the adjusted CAP cost

Moto21

AT THE DEALERSHIP NOW PLEASE HELP _ IS THIS A GOOD DEAL???

Audi S5 Convertible, Prem Plus
zip 08527
MSRP - 69545
Adjusted cap - 63920 (included deduction of $1750 loyalty and rebate)
MF .00147
Residual - 53%
36K miles
aquisition fee - 895

Drive off of $2900.04 (includes tax and dealer fees)
PAYMENT - 899.84

Moto21

Thank you!!! Is the over mileage cost negotiable? They said no and want 25 cents per mile?

Michaell

Moto21 said:

Thank you!!! Is the over mileage cost negotiable? They said no and want 25 cents per mile?

How many miles do you need? The quote is for 12K, and 15K is available, with a 2% subtraction in the residual value.

More than that will cost you, and the cost is not negotiable.

Moto21

I made a mistake in typing the info above. The quote is for 15k a year, 45k total. 
Is this a good deal?

Moto21

kyfdx - yes you did answer that already THANKS! I guess is was looking for another opinion on if that made it a much better deal or still just and average deal. I was at the dealer but they closed so we are taking delivery today!! I am curious if I could do better that's all. But again, thanks very much for your help!!