2019 Audi S5 COVERTIBLE

Moto21Moto21 08527Member Posts: 13
edited March 2019 in Audi
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!
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  • Moto21Moto21 08527Member Posts: 13
    Thank you.....I should have also asked for the Prestige please. Is that what the 53% is?
  • Moto21Moto21 08527Member Posts: 13
    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?
  • Moto21Moto21 08527Member Posts: 13
    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

  • Moto21Moto21 08527Member Posts: 13
    forgot to add that they want $4,062 drive off. Thats tax, first month and fees
  • kyfdxkyfdx Moderator Posts: 207,907
    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?

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  • Moto21Moto21 08527Member Posts: 13
    would that be the purchase price of 65,821
  • MichaellMichaell ColoradoModerator Posts: 206,516
    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.

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  • Moto21Moto21 08527Member Posts: 13
    So the $4062 due upfront is supposed to be the taxes, first month and fees. I told them no down patment
  • kyfdxkyfdx Moderator Posts: 207,907
    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

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  • Moto21Moto21 08527Member Posts: 13
    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
  • Moto21Moto21 08527Member Posts: 13
    Thank you!!! Is the over mileage cost negotiable? They said no and want 25 cents per mile?
  • MichaellMichaell ColoradoModerator Posts: 206,516
    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.

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  • Moto21Moto21 08527Member Posts: 13
    I made a mistake in typing the info above. The quote is for 15k a year, 45k total. 
    Is this a good deal?
  • Moto21Moto21 08527Member Posts: 13
    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!!
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