Audi A4 Lease Questions

ledname · January 2006

I'm in interested in a 2.0T Quattro 6-Speed Manual with a 1 year lease (or 2 year if I can't get a 1 year). I'm looking for something like 18K Miles per year. If anyone knows details for this kind of lease, please post. Not sure if it matters but I would add Navi, Premium, Cold, Technology (w/ BT), Aduio (Sirius), and Parktronic.

Thanks in advance.

the_dude1 · January 2006

So if the vehicle has a sticker of 52,960 what would a 36 month lease be 12k mile/yr ?

kupe15 · January 2006

36 month lease on A4 2.0T w/sunroof package. Sticker $33,600, Agreed price of $32,250, 56% residual value, .0008mf, 15K miles w/no down payment. Final Lease payment including tax/interest = $438.86. There is a $375 security deposit, 1st mo payment and $575 acquisition fee payable at signing for a total of $1338.86 due at signing. Can't get them to move any more. What do you think??

bigpapaluke · January 2006

Could someone confirm the residual for a 2006 A4 2.0T Quattro sedan with a lease of 3 years, 15,000 miles? I currently have it as 59%, but wanted to confirm that residual before my car arrives next month.

Thanks,
Luke

slaughter5111 · January 2006

Sticker price $31560 on Audi A4 2.0 CVT

if i negotiate the purchase price to $30200

I want 0 down, 15k miles per year, and 36 months

what should my lease payment be before tax?

Thanks

slaughter5111 · January 2006

I went to the dealer today and he said the money factor is .00125 and residual is 55 on an Audi A4 2.0 CVT with 15k miles per year and 36 months

are those fair numbers?

the car sticker was $32035 with a selling price of $31235

1537.97 due at signing and a monthly payment of $448 including tax

is this a fair deal?

mdane · January 2006

Do you have the MF, residuals, security deposit, and acquisition fees for this car. Assume 2 year, 10k miles.

Thanks.

slaughter5111 · January 2006

I went to the dealer today and he said the money factor is .00125 and residual is 55 on an Audi A4 2.0 CVT with 15k miles per year and 36 months

are those fair numbers?

the car sticker was $32035 with a selling price of $31235

1537.97 due at signing and a monthly payment of $448 including tax

is this a fair deal?

amitvisual · January 2006

Here's what Audi's site says:

2006 A4 2.0 T CVT Sedan
$349 per month
36-month lease*
Amount due at lease inception $2,273 (incl $999 down pmt.)
The MSRP is $31,560.
Can anyone please tell me the MF and residual for this lease?
Thanks!

dlz · January 2006

I just got the following lease deal on the A4 Cabriolet 3.0L Quattro, with Premium package, Bose audio w/XM radio, heated rear seats, in Light Silver metallic:

MSRP $49,735 (as configured)
Capitalized cost $45,770, plus $1,741 sales tax (NY 7.375%)
10,000 miles per year, .00235 money factor, 61% residual
Monthly payment: $660 including tax
Upfront:
1st month ($660)
Security deposit ($675)
Dealer fee ($399)
Bank fee ($575)
Title/registration, etc. ($130)

Seems like a a good deal...any thoughts?

ca_man · February 2006

Hi Car_Man or kyfdx,

I am considering getting my next Audi ...
I didn't realize that you could pay MSD's with Audi just like BMW ... How much does paying the MSD's affect the MF ?
Is there a limit to the amount you can pay as MSD ?
Also, can the MSD be combined with the promotional lease factors like the ones that exist on the 2.0T quattro?

Thanks for your all your help !

rsamerica1 · February 2006

Received this quote today, after casually looking at an A4 Avant 2.0T (Dakar Beige, Premium and Sunroof Packages). The car was a Dec. delivery car so no $600 price increase for ones shipped after Jan. 1. Based on a $35,660 price (dealer took $1000 off $36,660 MSRP) - Again I did not start the negotiation process, this was given to me as probably what they'd tell anybody:

36 months
12,000 miles/year
Residual 58%
MF .00115
Down Payment $0
Acquisition Fee $575.00
Fees & Insurance $394.00 ($239 documentation fee / $155 new plates fee)
Upfront taxes: $58.14
Base Monthly Payment: $465.38/month
Monthly Payment w/ state tax (6%): $493.30
First Payment Due upfron: $493.30
Total Upfront: $1520.44 ($493.30+575+394+58.14)

For 15,000 miles per year, monthly fee is $514 including tax.

Any thoughts on how this looks, and whether vehicle price can be negotiated down?

Thx.

jpvwaudi · February 2006

Avants are pretty rare. 1000 off sticker is a decent deal. There's only about 2500 in the sticker.

jpvwaudi · February 2006

You can do up to 9 MSDs. Each security deposit lowers the MF by .0005 I think.....Yes, they can be combined with promotional rates. Its a great idea if you have the extra cash laying around.

rsamerica1 · February 2006

Are MSD's a set amount of $ each? I will ask the dealer for more details tomorrow.

CarMan@Edmunds · February 2006

You're welcome, edwardsf. Yes, dealers often have the authority to "mark-up" vehicle's lease money factors to add additional hidden back-end profit to deals. Now that you know what this car's buy rate lease money factor is, you should be able to avoid this.

Many banks allow lessees to make multiple security deposits on leased vehicles, with each additional deposit buying down the money factor by a certain amount. The nice thing about making multiple security deposits is that assuming your vehicle is in good shape and you do not exceed your mileage allowance you actually get it back and the end of your lease. I am not sure what Audi Financial Services' exact policy on MSDs is. You need to check with your dealer to find out if it accepts them and if so how they impact your lease payment.

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CarMan@Edmunds · February 2006

Hi ledname. Audi Financial Services is one of the few captive finance companies that has a decent one year lease program. Having said that, with any twelve month lease you are going to have a pretty high monthly payment because you will have to pay for a TON of depreciation. If you were to lease a 2006 Audi A4 2.0T with quattro through AFS right now for 12 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00080 and 72%, respectively. 15,000 miles per year is the highest mileage allowance that AFS publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.

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CarMan@Edmunds · February 2006

That depends upon what this car's selling price is. Always remember dude that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I'd be happy to estimate what this car's lease payment should be like right now for you if you provide me with an estimated selling price for the exact model that you are considering. You may be able to get an idea of how much you will have to pay for it right now by visiting the following discussion: "Audi A4: Prices Paid & Buying Experience".

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CarMan@Edmunds · February 2006

Greetings Luke. If you were to lease a 2006 Audi A4 2.0T Sedan with quattro through Audi Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00080 and 56%, respectively.

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CarMan@Edmunds · February 2006

Hello slaughter5111. According to my calculations, if you were to lease a 2006 Audi A4 2.0T without quattro with an MSRP of $31,560 and a selling price of $30,200 through Audi Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $393.

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CarMan@Edmunds · February 2006

I sure do, mdane. If you were to lease a 2006 Audi A4 2.0T Avant through Audi Financial Services right now for 24 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00100 and 71%, respectively.

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CarMan@Edmunds · February 2006

Hey slaughter5111. I believe that Audi's January lease program for this car was exactly the same as its February programs is. If you were to lease a 2006 Audi A4 2.0T Sedan without quattro through Audi Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00075 and 55%, respectively. As you can see, the money factor that you were quoted is higher than this. I suspect that the dealer that you are working with is marking-up your car's base factor to add additional hidden back-end profit to your deal. Make sure that they use the buy rate factor to calculate your lease payment.

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CarMan@Edmunds · February 2006

Hi amitvisual. You never mentioned the mileage allowance for this lease, but I believe that Audi usually advertised leases with 10,000 miles per year. If you were to lease a 2006 Audi A4 2.0T Sedan without quattro through Audi Financial Services right now for 36 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00075 and 58%, respectively.

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CarMan@Edmunds · February 2006

Hey ca_man. I would not be surprised if Audi had a MSD program, but if it does I have never personally seen its details. You will need to check with an Audi dealer to find out exactly how it works. If Audi does have one, you should be able to make multiple deposits and have the special money factors that it is currently providing on the A4 reduced.

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CarMan@Edmunds · February 2006

Hi rsamerica1. Given the current market for the A4 Avant, the selling price that you were quoted for the one that you are considering looks reasonable to me. Having said this, it never hurts to comparison shop to see if you can beat this deal at another local dealer. The lease money factor that you were quoted for this wagon is right in line with Audi Financial Services, buy rate money factor for a 36 month, 12,000 mile per year lease of one with a waived security deposit. This is a good sign. Furthermore, I just calculate a lease payment on this wagon and I the payment that I came up with matches the one that you were quoted to the penny. If you like this vehicle, I don't see any reason not to pull the trigger.

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CarMan@Edmunds · February 2006

Rsamerica1, each additional security deposit that you decide to make will be the same dollar amount as Audi Financial Services' normal security deposit requirement - your vehicle's monthly payment rounded up to the nearest $25 increment.

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rsamerica1 · February 2006

Thanks Car Man. I did ask another dealer to better this deal (actually I used a price of $35,000 vs. $35,660) and he cannot do this. This car is fairly basic (i.e. no Bose, no wood trim, no headlight washers) which is fine with me, and is probably the reason that it has not sold yet. It was a December delivery car so MSRP is $600 less than one landed after Jan. 1 (Audi Price Increase). If we decide that this is really the car for us, I will attempt to lower the Cap Cost based on these facts.

On the MSD, I have learned that each MSD (up to 9) reduces the MF by .00008, and that each MSD = Monthly Payment (after taking the reduced MF into account) rounded up to next $25 increment, just as you mention above.

What is the definition of the "buy rate money factor" (vs. the MF the dealer gave me)?

Thx.

goscfighton · February 2006

Hello Carman,
I know this is the wrong forum, but I thought I might catch your attention. I've decided on a 4Runner--could you take a look at my questions in the 4Runner Lease forum? That would be great--Thanks.

amitvisual · February 2006

Sorry, should've included that - yes it is 10k miles a year. Thanks for the numbers!

wwm · February 2006

Hi Carman:
I'm interested in A4 2.0 T Avant Quattro and looking to lease. 15,000 miles per year.

MSRP: $38,860
Sales Price: $37,860

Are these lease terms acceptible?

24 Months
$1,290 Drive Off
$640.80., Includes Tax
68% Residual
.00125 Money Factor

36 Months
$1,290 Drive Off
$586.74., Includes Tax
56% Residual
.00125 Money Factor

Does this sound fair?

Thanks.

jmaire · February 2006

Anybody know how an adverse credit score may affect the money factor? Don't have a bad credit score, just young and don't have a whole lot established yet, last time I checked it was around 740. Looking to get into:
06 a4 2.0T quattro
S-line
premium pkg
36 mo.
15K
going to test drive tommorow
Thanks!

aka5 · February 2006

Hi Car Man, (or anyone)!!!
At last my Audi A4 has arrived! But everything has changed. The MSRP is $39,235,selling price $37,587. Could you please tell me what the money factor and residual should be on a 24 mth lease, mileage per year of 12,000 or 15,000 i'm not quite sure on yet. Also what would the monthly payments should be after out of pocket by $2200, the salesman said about $441 a month? I am due to pick it up over the next day or 2. Much appreciated.

Thanks!

PS, i managed to sell my 1999 A4 1.8 Q T Tiptronic 53,000 miles for $10,990

mhs7386 · February 2006

Anyone know how tough Audi is on approving leassors with poor credit? I do have a great income (six figures) to debt ratio. Thanks for your input.

jmaire · February 2006

Test drove a new S4 today which was a bad idea, because i really shouldn't get one and damn was it hard to look back into the 2.0T after that, but he gave me the following lease info on a 06 quattro 2.0T:
(don't have the exact numbers in front of me but this is about what he gave me)
MSRP $43,505 (almost all options)
selling price: about $39,500
Res Value: 24,250
MF: .00225
max out of pocket at signing: $4,000
Mo. payments after tax $575
what do you think?
doesn't sound like the greatest deal but i don't think its a bad deal.

nea1 · February 2006

Carman/all:

I am interested in an A4 2.0T Quattro. I received an e-mail offer consisting of the following:

MSRP 33,060 (must be pre Jan car?)
CAP 31,400
Residual 59%
MF: .00135
36 months/ 10,000

pmt = $399 pre-tax and title. No cash other than sec/1st month pmt/acq fee ($1399)

I'm curious about the money factor. In prior posts looks like MF was .00080. Is this still current? Also is the residual(and MF's if different) on a 24 month/10,000 lease?

PS. Does Audi Finance publish these rates in a public manner? I've used these forums in the past to help w/ negotiation. My last effort (Acura) the salesman said the posts were inaccurate. I didn't end up buying so didn't press the issue. But this time I probably will. Just "war gaming" the process in advance.

Thanks

Axman

nix1957 · February 2006

Got my car today in Pasadena, CA

2006 A4 Cab 3.0, with Nav, Prem Pkg, Bose, Sport Suspension and Bluetooth. MSRP about $52,200

36 mo, 30,000 mi. $2,250 drive off, $625 + tax per mo

I thought it was a good deal. I believe they knocked off around $5,000 off the sticker
:P

bigpapaluke · February 2006

Picked up my 2006 A4 2.0T Quattro Sedan this past weekend. Here's my deal:

MSRP: $36,735
Selling Price: $34,830
Cap Cost: $34,830
Residual (59%): $21,673.65
Money Factor: 0.00139
Tax (3%): 13.32
Monthly Payment: $457

Upfronts: $575 (aquisition), $499 (processing), $547 (1st months payment), tags ($55)

TOTAL: $1587

I rolled my aquisition and processing fee into the cap cost, so my minimum payment is $490, But I thought it was a reasonable deal, not to mention the sales experience was very painless.

rsamerica1 · February 2006

In the process of sealing things up on this one today.

2006 A4 Avant 2.0T
Dakar Beige, Premium Pack., Sunroof Pack.
MSRP: $36,660
Negotiated Cap Cost: $34,900
36 months / 15K miles
$0 down
$575 acquisition fee
$394 doc/plates
$0 Security deposit
Money Factor 0.00100 (above 740 credit score waives security deposit and starts at this money factor)

We are considering putting $1000-2000 down to lower monthly payments. It appears this may be cheaper to do as opposed to having the higher cap cost - take $2000/36 months = $55/month vs. staying at $34,900 net cap cost increases monthly payment by $61/month). I may be missing something here, but it seems to make sense.

Also, considering doing the MSD option to further reduce the MF down to as low as 0.00036 with 9 deposits.

Using MF of 0.00036 ($3600 in MSD's) and $2000 down, comes to $384.62 / month.

Overall, the most important thing I was focusing on was the initial cap cost, which seems to be a good price for an Avant.

Just wanted to pass this on, and open for comments.

Thx.

bstime · February 2006

doing my homework....CARMAN....Edmunds TMV for a 2006 A4 quattro 2.0T w/ premium, technology, sunroof, metallic paint and rear side airbags is $37,735 MSRP is $38,110. I am in the Boston area.

questions are:
1. what would be money factor, residual and monthly payment for 3yr/45k lease if bought for edmunds TMV of 37,735. I expect best credit rating qualification as I checked my FICO.

2. what if we roll in all ttl fees etc (5% tax in MA, etc)

3. Is 37,735 reasonable or should i be able to do better?

thanks to all.

salraf · February 2006

Hey CARMAN...
any info on the current residual and MF for 2005.5/2006 S4 would be greatly appreciated..

marleybarr · February 2006

Anyone with a "beacon" score of over 700 can get credit for virtually anything. You will have no problems getting credit with a score that high.

pittfall · February 2006

Just got a lease offer, wanted to check what other people think.
"Audi 06 2.0 quattro, premium package, sunroof package, auto transmission and wood trim with a MRSP $35,310. A 36 month 12,000 mile lease on that car is $424 plus tax with $0 down. Due on delivery is your first payment, Audis $575 bank fee, a refundable security deposit rounded to the nearest $25 of your payment and license and title fees - @ $1600 or so not including taxes and plates."
How this sounds?
thanks

emswiss · February 2006

Carman (and others) -

See a lot of 2.0 questions in here but I am looking at picking up the 2006 3.2 Quattro. I am interested in one that is pretty much loaded (nav, tech package, etc.) at MSRP of $43135. I will obviously try to drive down this number but what is a typical cap cost, residual value and money factor to look for on this model? Leasing for 36mo at 15K most likely. I had one Audi owner tell me that paying over $40K for this would be a ripoff and now he has me thinking.

Thanks

emswiss · February 2006

More details:

-Manual transmission
-Sports suspension
-Leather
-Sunroof
-Navigation
-Tech package
-Premium package

Thanks

rjlaero · February 2006

I seriously doubt you're going to get a $3000 discount on a 2006 3.2 A4 Quattro. There's no rebates or dealer cash on 06 models right now. And a lot of dealers are very thin on 3.2 inventory.

There was $2500 dealer cash on the leftover 05.5 models, but they won't lease out as well as an 06.

jpw380 · February 2006

Carman/all
Just test drove a 2006 S4. 56,045 with premium sports package, premium audio with XM, bluetooth, winter package. MSRP 56,045. Was pushed on Audi's Premium Purchase plan at 36 months (10k miles a year), $5,000 down (covers sales tax) at $899 a month if I purchased right then and there. Told them I'd think about it. They weren't flexible on price -- said manual S4s were in high demand.

Would leasing be better? What's the money factor on the S4 this month? Why would anyone do the premier purchase plan versus a lease?

Thanks.

johngt · February 2006

What is the current money factor and residual from Audi Financial for an '06 A4 2.0T Quattro based on a 12,000 mile/year, 36 month lease?
Would this vary depending on your credit rating? A previous post noted this possibility.
Thanks.

CarMan@Edmunds · February 2006

You're welcome, rsamerica1. A vehicle's "buy rate" is the lowest possible money factor that banks allow dealers use to lease a particular model. Banks actually send dealers a sheet of paper or a file that contains the "buy rates" for every vehicle that they sell. If you insist that they use the buy rate to calculate your vehicle's lease payment, most dealers will be willing to do so. This is important to do because dealers are usually allowed to mark-up vehicles' money factors to add additional back-end profit to deals.

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CarMan@Edmunds · February 2006

Hi goscfighton. I was just over there. Please check there for my response to your questions.

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CarMan@Edmunds · February 2006

Hi wwm. A base 2006 Audi A4 2.0T Avant has a spread of over $2,300 between its full MSRP and dealer invoice prices. You are only being given a $1,000 discount on this vehicle. I am not personally familiar with what the market is like for this particular model right now, but there is still some room there. You may want to stop by the following discussion to see how much other community members have paid for similar vehicles lately: "Audi A4: Prices Paid & Buying Experience".

Also, it appears as though the money factors that you were quoted have been marked up a little bit. Audi Financial Services' current buy rate lease money factor and residual value for a 24 or 36 month lease of an '06 A4 2.0T Avant is only .00100 right now. Make sure to insist that this factor is used to calculate your vehicle's lease payment.

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