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Audi A6 Lease Questions
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I ordered an A6 Prestige the end of July and the car is arriving next week. I negotiated the price and got preapproved for a lease. I was told I was approved for B tier pricing which I was told was one step below top tier. My 48 month lease pmt with no money down (except drive off) is $928.21. I just assumed it was because of my credit, but the more I thought about it, it seemed pretty high. I think he said top tier was $900 or $910.
I think I could pay close to that by purchasing and trading in my car.
Could you please tell me if this sounds right. This is from the "Lease Worksheet" and "Lease Review" from the dealer:
$60,555 MSRP
$58,137 negotiated price (GSR Cap Cost)
48 months
2.46 Rate
.45 Residual
12K Mi/Yr
$695 Acq Fee
$486.75 Gvt Fees
$3649.39 Taxes
Doc Fee $40
Initial PMT $2219.71
Adj Residual $27249.75
Drive off:
$928.21 1st pmt
$64.75 Sls Tx upfront
$486.75 1st yr govt fees
$740 Other upfrnt (Acq fee + Doc fee)
$2219.71 Total
BTW I'm in Los Angeles
If I purchased my credit union says I can get 3.24% for 60 months. I would put down $10K so they said my monthly would be $868. He forgot sales tax, but I calculated that it should be around $953/ month.
1st does the lease sound right?
2nd should I buy? It's the 1st new model year so that makes me nervous.
Thanks a lot.
Are you guys really going to pay that much? Don't do it. Sure the A6 is a new model this year, but these prices are much higher then in recent years. The car is simply not worth that much. Don't buy. The euro is falling against the dollar. Wait and check the rates for next month. They will come down.
so far have been to 1 dealer and got the following numbers (from KY/OH area)
Premium PLUS
MSRP 55470
residual 0.52
Money factor .00195
PLUS
doc fee
sales tax
acq fee
sec deposit
and the monthly payment comes to $ 1027.33
PRESTIGE
MSRP 58130
residual 0.50
Money factor .00195
PLUS
doc fee
sales tax
acq fee
sec deposit
and the total monthly payment comes to $ 1105.10
What do you suggest?
I am thinking of MSRP around 55,000 for premium Plus and 57,500 for prestige(according to trucar.com )
I am not sure whether one can negotiate money factor and residuals or is it predetermined by the manufacturer?
Please advise on what you think about the 2 monthly payments and whether MSRP can be negotiated and also if Money factor and residuals can be negotiated as well?
Was hoping you could post the above rates for the leftover 2011s? Looking for 36 months and 10K miles. If there are any special programs (odd month terms), can you possibly post those as well?
Thanks much in advance!
Thanks
Premius Plus with sports package
MSRP 57470
Selling Price 52512
Term: 36 month, 12k/year
Down 387
Total Drive off 1500 (with $1000 from current mercedes/bmw owner)
Monthly Payment $735 without tax ($800 total with Los Angeles county Tax)
I think the Residual is 54% and and MF is 0.0016 (this may be September Residual and
MF as I did not come up with exact lease payment with my calculation)
Hope this help someone !!!
Good deal.
How did you get 5K off the sticker?
Is the 1K audi loyalty?
The sales price that I was quoted is $ 61,650. For the 36 month lease 12,000 miles: Residual value of 52%=$33,997.60; money factor .00145. After applying the use of Multiple Security Deposits (maximum of 9=$7875) the money factor is reduced to .00073. Monthly payment after prepayments for sales tax, title, registration and bank fees is $837.94.
I wonder just how "good" a deal this is?
Can you comment?
This is a terrible deal. Do not do it. You should be able to get the car at near dealer invoice.
The numbers for an otherwise identical 39-month lease are .00165 and 48%.
The numbers for an otherwise identical 48-month lease are .00181 and 43%.
Car_man
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Also, you never mentioned what these cars' selling prices are. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing this number, it is difficult to tell how large a dealer discount you are being given and in turn if you are getting the best possible deal.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 39-month lease are .00165 and 48%.
The numbers for an otherwise identical 48-month lease are .00181 and 43%.
Car_man
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Car_man
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The selling price that you were quoted looks good as well.
Car_man
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Audi Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2012 A6 3.0T Prestige quattro with 15,000 miles per year are .00108 and 48%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 39-month lease are .00128 and 46%.
The numbers for an otherwise identical 48-month lease are .00197 and 41%.
Car_man
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Thanks again
Car_man
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Car_man
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Do you have the residual/MF for the 2012 A6 Premium Plus in either engine size for 10k miles?
Thanks!
Negotiate the sales price the same way you would if you were buying the car. Audi fixes the money factor (interest rate) and the residual. Find out what your drive away costs are. Do not pay cap cost reduction as this just confuses your monthly payment. Look out for additional costs. Have Audi Care added to the cost of your lease.
Hint: Wait 6 months to buy one. Costs are very high right now for an A6 because it is a new moderl.
.00148 MF
RESIDUAL 51%
$486 OUT THE DOOR & $704/ MONTH FOR 39 MONTHS
How does this sound?
I was able to find another deal for Audi A6 prestige with brilliant balck,audi side assist package and audi care included
Selling price was 55200
residual 51%
MF 0.002084
lease term 36 mths @ 15,000/yr
monthly payment $ 960 (inclusive of tax and audi care)
These numbers were supposedly good through October and I believe things might have changed in November.
The problem is I will have to order my car with the color coombination I need so i am kinda limited by time factor also.I will need to check back with the dealer later this month , but what are your thoughts on the above numbers.
Please advise,thanks.
That sounds like a good deal. Can you list some more details:
Selling price?
Did you use loyalty?
Price includes tax?
What dealer--I'm in NC as well and looking for an A6 this month.
Thanks!
Do you know the US bank rates for the Audi A6? say 48 months? Do you know if the rates are better than audi financial?
Thanks
Best deal I have seen . How many miles a year?
This is 12K/ yr. 39 months
I could not get anywhere close to this deal even though I have purchased 2 previous cars from the same dealership. Congrat's. You have a "hungry" dealer. My dealer suggested waiting 6 months and trying again.
Car_man
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Car_man
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Car_man
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What sort of discount should i be asking the dealer for?
MSRP: 56995
Selling price: 53500
Residual 52%
MF 0.00108
36 mths 12,000/yr lease term
$1500 from Audi Incentives (loyalty program)
Down Payment: $3500
monthly payment $ 702 (inclusive of tax)
Also, would you recommend getting Audi care?
Thanks.
My recent shopping suggested that the a6 and BMW 535 lease around the same payment. The E350 was around $100 less per month.
You should put nothing down if possible. This allows you to compare deals. Each $1,000 down is equivalent to approximately $30/month. Also, my dealer says the side assist is only available with the prestige option. Maybe this is not the case in your area.
Audi care is important. See if you can get that thrown in by the dealer.
I used the Lease Calculator and my monthly payment should by $646(tax included) not $702.
This is based on...
MSRP: 56995
Selling price: 53500
Residual 52%
MF 0.00108
36 mths 12,000/yr lease term
$1500 from Audi Incentives (loyalty program)+1st payment
What I'm I missing here or is the dealer adding some additional cost? Also, I'm going to lower the down payment and possibly put it towards security deposit. I already qualified for their top tier credit.
Also, I'm debating whether I should go with Prestige package for the S-Line. But when I compared the Prestige to Premium Plus, there wasn't a big difference especially in Black. Also, the dealer told me Prestige has lower residual.
You are right. This is a bad deal. $900/mo is way too high for an A6 in this economy. The lower residual for the better car makes no sense. It comes directly from Audi. The best bet for a lower price will come from the euro dropping against the dollar. You can get a 10% discount in a hurry this way because your dollars are going baqck to euro's. In addition audi is not providing a great interest rate,
Wait a few months. Audi dials deals off and on depending on the supply and demand. They have now restored paying the first month lease payment for you. Dealer incentives will go higher and the smarter dealers will share them with you.
Don't buy. They will call you.
MSRP: $52,750
Selling price: $47,950
Residual 52%
MF 0.00108
39 mths 10,000/yr lease term
$1500 from Audi Incentives (loyalty program)
1st Payment Free through Season of Audi deal
Down Payment: $3000
monthly payment $552 (+$48.30 tax)
2012 A6 Premium Plus with19" sport pack
12,000/yr lease term
Down Payment: $2500
monthly payment $712.14 (with tax, 35month)
let's deal together and save some money.
I plan to lease within the month.
(justindhk[at]gmail.com)
Also has anyone tried Zag? Through American express car buying program I saw they offer the car at invoice less the loyalty or conquest. That means $1500 below invoice you can get the car. But still the MF is too much for me. I wish they lower it.