lease deal quote

amurmanamurman Member Posts: 6
edited July 2020 in Audi
2020 Audi S5 Sportback Premium plus package 12K/year, 36 month
MSRP - $61,945
Selling price - $55,751 (10% off from MSRP)
Residual 57%, MF .00137
5K down and $650 monthly.

You guys think it's a good deal?

Thank you
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  • MichaellMichaell Moderator Posts: 248,994
    amurman said:

    2020 Audi S5 Sportback Premium plus package 12K/year, 36 month
    MSRP - $61,945
    Selling price - $55,751 (10% off from MSRP)
    Residual 57%, MF .00137
    5K down and $650 monthly.

    You guys think it's a good deal?

    Thank you

    What is your ZIP code?

    Why start a lease with $5K up front?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • amurmanamurman Member Posts: 6
    zip is 20110. 5K down goes to tax, fees etc.... to lower monthly payment.
  • MichaellMichaell Moderator Posts: 248,994
    amurman said:

    2020 Audi S5 Sportback Premium plus package 12K/year, 36 month
    MSRP - $61,945
    Selling price - $55,751 (10% off from MSRP)
    Residual 57%, MF .00137
    5K down and $650 monthly.

    You guys think it's a good deal?

    Thank you

    amurman said:

    zip is 20110. 5K down goes to tax, fees etc.... to lower monthly payment.

    I confirm .00137 and 57%

    In VA, we recommend you skip the cap reduction, and roll the taxes and fees into the payment.

    Putting that much up front doesn't change the cost of your lease, but it does mean that you risk losing it if the car is stolen or totaled.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • amurmanamurman Member Posts: 6
    I got what you're saying. Thank you for the comment.
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