Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Audi A6 Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Maybe even without net cap cost reduction you might be able to get that payment.
Money factor seems ok. Residual seems a little low for 10K miles a year. Do you have Audi care in there? Car man would be the best person to give you those values I think.
I don't know what programs they have this month. Jeqq says the hidden $3000 is no longer there for Jan.
Contact the internet sales department of both dealerships and see what they will offer. It won't hurt to do so.
'08 3.2 Quattro w/ Premium & iPod (that's it) 10K/36K
MSRP: $50,175
Invoice: $46,415 (includes Ad buy cost of $550)
Sell Price (Net Cap Cost): $45,179
Buy Money Factor: .00027
Residual: 49% of MSRP
Drive-off cost:
1st payment: $613
Security Deposit: Waived as returning Audi customer.
Cap Reduction Cost: $1235 (I'm "ok" with this to keep the monthly note down)
Acquisition Fee: $575
Document/DMV/tire fees/taxes: $543 reasonable ??
Total: $2,990
These are #'s I'm currently at... Car Man your thoughts ?
'08 3.2 Quattro w/ Premium & iPod (that's it) 10K/36K
MSRP: $50,175
Invoice: $46,415 (includes Ad buy cost of $550)
Sell Price (Net Cap Cost): $45,179
Buy Money Factor: .00027
Residual: 49% of MSRP
Monthly Note: $613
Drive-off cost:
1st payment: $613
Security Deposit: Waived as returning Audi customer.
Cap Reduction Cost: $1235 (I'm "ok" with this to keep the monthly note down)
Acquisition Fee: $575
Document/DMV/tire fees/taxes: $543 reasonable ??
Total: $2,990
Thanks
2008 A6 Avant standard paint and interior. Premium, iPod, Cold, Tech, Nav, rear side airbags which stickers at $57.5k, sales price to me would be $55.5k
36 month lease 15k miles, no cap cost reduction leaves me with a drive off of $2,500 and a monthly payment for 35 months of $942!!!
Doesn't that seem high? :surprise:
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
So just to confirm as I'm now definitely looking go with the '08 3.2 Quattro (my 2nd listing & query) - the #'s look reasonable there as well correct ??
thanks again !
I am interested in leasing an 08 Audi S8. Wondering if I could get the residual and money factor for 10,000 miles per year - 24,36, and 48 month lease.
Also, contemplating just going with a V8 4.2 Quattro A6 (because it's considerably less expensive! ) so I'd be interested in the same information for that as well.
Thanks very much in advance!
Thanks again
strategies/reality issues? my thinking is since my car has 1/2 the use they can make $ on it quickly and get me in a lease for 3 more years.
is this doable? what should i ask for and expect?
thanks!!
Forget it.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
If you were to lease a 2008 Audi A6 4.2 Sedan with quattro through AFS right now for 24 months with 10,000 miles per year, its buy rate lease money factor and residual value should be a much more attractive .00027 and 57%. Its 36 month numbers are .00027 and 49%. Its 48 month numbers are .00304 and 39%.
When negotiating your deal on the A6, make sure to take the $1,500 cash incentive that Audi is providing on leases of it through AFS into account.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
MSRP $52,315
Cost $48,995
Fees and first $1962
MF .00027
resid .0049
Term 12k/36 mon
$1500 cash incentive
Lease $669
Good deal?? Anyone?
Could you please provide me the most recent Manheim Market Report numbers on my car so I know the approximate wholesale price that Audi FS will charge the dealer? My car has 45k miles on it and is good to excellent condition.
Thanks in advance.
As a comparison, you can't buy a fully loaded 2008 MB E class V6 or BMW 5 series for 625/mo w/ $1000 out of pocket @ 15k miles a year and get all those high end features. Go look on BMW and MB websites for their lease offers. Most of their leases are $4 - $5000 out of pocket if you want to get 600/month. And your NOT getting all the high end options at that price.
I wish eveything stayed the same in life, but it's 3 years later and deals change.
Your lease paymet on your previous A6 was quite low considering all the equiptment on it.
Did you trade out of you 2002 A6? Maybe you had some equity in your car and you put it towards the 2005 A6 when you leased.
Thanks.
If you can't afford one or are simply to cheap to pay for one, it has nothing to do w/ Audi being too big for their britches.
The German cars are very expensive to manufacture and bring over here. Audi is one of the few companies still building all their cars over in Ingolstat. BMW and Mercedes are building cars in Alabama and South Carolina and still charging top dollar. Audi is crushing Mercedes on reliability. The current A6 is rated as one of the safest cars on the road today in any class. The E class, M35/45, 5 series are not double best picks by the IIHS. They're fine cars, but the build quailty and safety on the A6 are above reproach.
Many Audi's are still priced below what BMW and MB are charging MSRP wise, so there is still a lot of value there, although they are getting more expensive every year.
The US dollar is at an all time low and worth 1/2 as much as the Euro. Audi is making far more money keeping their cars in Europe.
There's $2000 Audi Loyalty money on A6's thru March to my knowledge. So with a good deal from your dealer, I doubt an A6 like you want it will cost you $200/month more on a lease payment than the M35.
Add 40-50/mo to your Infinti lease payment as an average for service. It'll probaly cost you $1500 in oil changes, tune-up, filters, etc to keep an M35 running for 50k miles.
Infinity makes a nice car, so I'm not saying it's not a good car. Most 50k cars are well built and there's plenty of good choices in this market segment.
I'm personally not a fan of Infiniti's "ATM machine" style dash layout.
I'm on my second A6 (Have a 2008 4.2 Sline), and I really like the MMI system in Audi's new cars.
I'll admit that Audi's 3.2 A6 is underpowered for the maket and needs more juice. 09 models are going to get the valvelift technology and 10 more hp to 265 from what I here. But it still needs a little more.
Aud's new 2009 A4 coming in the fall is growing by a whopping 6 inches in the wheelbase, and will bring the car very close to the current A6.
If the 09 A4 is so close in size to the A6 and can be had for 40-45k, it's should be a heck of a value and something to consider.
2008 A6 3.2 Quattro
Includes premium package, cold weather package, ipod integration.
msrp $51,315, net Audi loyalty offer of $2000 to get a sales price of $49,315.
Lease end value = 50%
money factor = .00092
They are offering $2000 for my 2002 A6 which is essentially junk value.
This doesn't sound like a great deal. I'd like to get some other opinions. I've copied the offer below. It has the rest of the detail.
First Payment Date: 04/13/08 18) Audi Care: $ 590.00
) Lease Institution: AUDI 19) Cash Cap Reduction: $ 2,000.00
) M.S.R.P.: $ 51,315.00 20) Total Trade Allow: $ 2,000.00
) Residualized Equip: Adjusted Cap Cost: $ 47,476.15
) Mileage Calc: 21) Customer Cash Down:
) L.E.V.%: 50.00% 22) Total Sales Tax: $ 2,067.50
) Lease-end Value: $ 25,657.50
23) ***MONTHLY PAYMENT***: $ 673.35
) Term: 36 Base Monthly Rental: $ 673.35
) Money Factor: 0.00092 24) Security Deposit:
25) License: $ 259.00
) Selling Price: $ 49,200.00 26) Registration:
) Extended Warranty: 27) Upfront Acq. Fee: $ 575.00
) Gap Insurance: 28) Doc Fee: $ 179.00
) Acq. Fee Included: 29) Luxury/Gas Guzzler:
) Dealer Mark-up: 30) Amount Due At Start: $ 4,067.70
mmand:
The 08 models will likely get a small power increase to 265hp as in the new A5 and upcoming 2009 A4 3.2.
The leases are pretty good on the A6's right now. The residuals are just ok, but the money rate factors are crazy low @ less than 1% interest.
Putting a new engine in an A6 is extremely expensive. There's nothing a dealer can do with your car except take it to the auction.
I'm looking for an A6 Quattro 3.2 with these options.
1. WB6 Premium Package;
2. PTA Technology Package;
3. PND Audi Navigation System
4. PAW Cold Weather Package
on 36 months, 10000 miles per year lease. no money down, would like to put everything into the payment. out of pocket / drive off will be the first month's paymet.
I'm in New York City, sales tax 8.375%
MSRP $55125.00 Invoice $51320.00 ( I got these numbers for Edmunds.com)
Residual Value =
Money Factor =
Can anyone please give me an answer for the residual value for 10000miles, 12000miles, 15000miles.
I thank you very much
William
47% for 15k miles
49% for 12k miles
50% for 10k miles
If you purchase the optional $650 Audi maintenance package, you can add another 1% to the residue. On a $50k car, it kind of pays itself. However, the package doesn't include any wear and tear items such as brake pads. To get the residue value, apply the % from above to the MSRP.
Money factor is a steal, 0.00033. That's equivalent to less than 1% APR. Hope it helps.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I gather that Audi is offering extremely low money rates for new leases -- less than 1%. But those rates seem to be expiring soon. Does anyone know if they are likely to be extended? Also, if they're expiring and I want to move now to take advantage of them, any experience with my options? Will I have to buy out the current lease or is there any other possibility?
Finally, last time around, my cap cost was way below MSRP -- probably just about invoice. What's the real life situation these days?
In addition to the $2000 lease incentive on 2008 A6 leases, there is also an extra $1500 available now. Money factors are still low at .00018 and residuals will vary by engine/drivetrain.
-Jerry
-Jerry
I thought the incentive was just the $2,000 as was originally posted. So when I got an offer of $2,411 under invoice I jumped at it (I figured the dealer had contributed some cash). I live in NY. Can anyone confirm the extra $1500 incentive exists on the East Coast? Because if so, that gives me another $1K worth of negotiation room to bring the payment down.
FYI, if anyone's curious, I'm currently at $679 (sales tax in the payment - 8.625%) for 36 months with 15K miles/year and only money out-of-pocket is First Month's Payment and DMV Fees. I was quoted a residual of 48% (47% + 1% for Audi Maintenance Package) and a money factor of 0.00018.