2019 A3 Qtro Lease - Is this a fair deal?

Beats

A 36 months and 10k miles per year lease deal for 2019 A3 Quattro (in NJ), with the following

MSRP $38,520
Sale price $34,286
Incentive $3,500
Residual $17,334 (45%)
M/F .00030

The monthly payment came down to $388, with a total drive off $3,517.

Is this a fair deal, or keep shopping around? Please advice! Thanks in advance.

kyfdx

Beats said:

A 36 months and 10k miles per year lease deal for 2019 A3 Quattro (in NJ), with the following

MSRP $38,520
Sale price $34,286
Incentive $3,500
Residual $17,334 (45%)
M/F .00030

The monthly payment came down to $388, with a total drive off $3,517.

Is this a fair deal, or keep shopping around? Please advice! Thanks in advance.

.00003 MF and 45% residual is correct
$3500 lease bonus

The payment is correct, with those parameters

$3517 upfront
$1150 tax?
$300 DMV?
$300 dealer fee?
$895 acquisition fee
$388 first payment

That leave me about $500 short. Maybe, those estimates are off?
The discount looks good. Not a cheap car to lease, relative to MSRP, because of that low, low residual.

Beats

Thanks for replying to me! Good point on the $500 gap! I'll ask...
I like the car though, do you think its a good deal for an A3 or should I walk away or even ask for an A4 offer? Appreciate your help!

kyfdx

Beats said:

Thanks for replying to me! Good point on the $500 gap! I'll ask...
I like the car though, do you think its a good deal for an A3 or should I walk away or even ask for an A4 offer? Appreciate your help!

Sorry, that's not my decision.