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2015 Audi A4 Lease Premium Plus Question

muscleman85muscleman85 Posts: 9
edited December 2014 in Audi
Does this sound like a good deal?

MSRP - $46,325 on AWD Premium Plus

#1) No money down at delivery

42,000.00 Selling price

593.20/month for 36 months 12,000 miles/ year


#2) 1,542.00 due at signing (inceptions)

42,000.00 Selling price

594.29/month for 36 months 12,000 miles/ year


#3) 3,995.00 due at signing (most common option)

42,000.00 Selling Price

479.98/month for 36 months 12,000 miles/ year



The money factor for all three deals is 0.00048
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Answers

  • MichaellMichaell ColoradoPosts: 111,036

    Does this sound like a good deal?

    MSRP - $46,325 on AWD Premium Plus

    #1) No money down at delivery

    42,000.00 Selling price

    593.20/month for 36 months 12,000 miles/ year


    #2) 1,542.00 due at signing (inceptions)

    42,000.00 Selling price

    594.29/month for 36 months 12,000 miles/ year


    #3) 3,995.00 due at signing (most common option)

    42,000.00 Selling Price

    479.98/month for 36 months 12,000 miles/ year



    The money factor for all three deals is 0.00048

    We do not recommend putting any money down on a lease - if the car is stolen or totaled, you are out that money.

    Confirm .00048 and 53% for 36/12.

    I'm having a hard time understanding how $1500 out of pocket results in a higher payment than $0 out of pocket.

    For scenario #1 ($0 out of pocket), using your MSRP and selling price, I get a pre-tax payment of $516.60.

    Where do you live? Tax obligations vary by state, so cannot comment on the $593/mo quote without knowing.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thank you for the response. I appreciate it.

    The numbers were actually a mistake. Here is the update.
    $0 DOWN
    593.20/mo

    $1500 DOWN
    549.29/mo

    $3,995 DOWN
    479.98/mo

    I live in PA. I don't see why it would add that much more. I would assume I should be able to get in around $530 no money down then? It's a premium plus awd. Thanks again.
  • plinaplina Posts: 59
    Is the residual the same for the premium plus model as with the prestige model? The dealers are saying that the premium plus model has a better residual than the prestige any reason why?
  • MichaellMichaell ColoradoPosts: 111,036
    plina said:

    Is the residual the same for the premium plus model as with the prestige model? The dealers are saying that the premium plus model has a better residual than the prestige any reason why?

    There is a 4% difference in the 36/15 residuals for the 2.0T Quattro Premium Plus versus the Prestige trim (49% v. 45%).

    Higher trim cars often have a lower residual as the technology advances quickly and can be outdated by the time the lease is up.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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