money factor and residual

Kj01Kj01 Member Posts: 9
edited October 2022 in Audi

What is the money factor and residual for a 2022 Audi A4 Premium S-line, AWD, 36 month lease 50000 miles?

Answers

  • MichaellMichaell Moderator Posts: 255,400
    Kj01 said:

    What is the money factor and residual for a 2022 Audi A4 Premium S-line, AWD, 36 month lease 50000 miles?

    50,000 miles total? That isn't an allowance offered by Audi.

    10K, 12K or 15K per year.

    Also, what is your location?

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  • Kj01Kj01 Member Posts: 9

    That would be 10K. Location 22312

  • MichaellMichaell Moderator Posts: 255,400
    Kj01 said:

    What is the money factor and residual for a 2022 Audi A4 Premium S-line, AWD, 36 month lease 50000 miles?

    Kj01 said:

    That would be 10K. Location 22312

    .00270 MF and 59% residual
    $750 lease cash

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  • Kj01Kj01 Member Posts: 9

    Thank you.

    In December, my lease expires. I have a buy back option on my current 2019 Audi A4 for $23K. According to Edmonds my true market value is $30K. So, if I buy back and sell the vehicle I stand to profit $10K. If I were to instead lease a new equivalent Audi A4 2022, how much I can negotiate down the price? Edmonds suggested price is $41,857. Can I negotiate the price down by $10K to then lease the vehicle base on that price?

  • MichaellMichaell Moderator Posts: 255,400
    edited September 2022
    Kj01 said:

    Thank you.

    In December, my lease expires. I have a buy back option on my current 2019 Audi A4 for $23K. According to Edmonds my true market value is $30K. So, if I buy back and sell the vehicle I stand to profit $10K. If I were to instead lease a new equivalent Audi A4 2022, how much I can negotiate down the price? Edmonds suggested price is $41,857. Can I negotiate the price down by $10K to then lease the vehicle base on that price?

    First, the difference between $23K and $30K is $7K, not $10K. :smile:

    Second, you have to pay sales tax on the $23K, so the gap shrinks even more.

    We aren't any help with current market pricing, but if you trade in the current A4, you can skip the sales tax and use the equity to buy down the lease payment.

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  • MJ_0042MJ_0042 Member Posts: 1
    Hello, can you please tell me the money factor and residual for a 2023 Audi Q5, Premium Plus, 10,000 miles/year, 36 month lease, zip code 19129? And could you please tell me the money factor and residual for the Sportback version (otherwise all the same model/lease info)? Many thanks in advance.
  • MichaellMichaell Moderator Posts: 255,400
    MJ_0042 said:

    Hello, can you please tell me the money factor and residual for a 2023 Audi Q5, Premium Plus, 10,000 miles/year, 36 month lease, zip code 19129? And could you please tell me the money factor and residual for the Sportback version (otherwise all the same model/lease info)? Many thanks in advance.

    SUV - .00291 MF and 63% residual
    SB -.00294 MF and 66% residual

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