2015 Audi A4 Lease Premium Plus Question

Answers

• Michaell Moderator Posts: 241,268

  December 2014

  muscleman85 said:

  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.

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• muscleman85 Member Posts: 9

  December 2014

  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.

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• plina Member Posts: 61

  June 2015

  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?

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• Michaell Moderator Posts: 241,268

  June 2015

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  Higher trim cars often have a lower residual as the technology advances quickly and can be outdated by the time the lease is up.

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  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
  
  2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  0