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2015 Audi S4 Lease: Is this a good price point?

tjanderatjandera Posts: 2
edited April 2015 in Audi
I was quoted a price from the dealer for a lease that seems extremely high. Any input would be appreciated.

MSRP = 54945
Vehicle Selling Price = 51263
Balance Due = 54830

We are looking for a 36 mo lease with 15K miles.

Quoted:

$797/mo with $2500 down

They are telling me the MF is .00156 and residual is 49%.

Payment seems extremely high. Note this is for a Manual Transmission as well.

Thanks

Answers

  • kyfdxkyfdx Posts: 128,420
    tjandera said:

    I was quoted a price from the dealer for a lease that seems extremely high. Any input would be appreciated.

    MSRP = 54945
    Vehicle Selling Price = 51263
    Balance Due = 54830

    We are looking for a 36 mo lease with 15K miles.

    Quoted:

    $797/mo with $2500 down

    They are telling me the MF is .00156 and residual is 49%.

    Payment seems extremely high. Note this is for a Manual Transmission as well.

    Thanks

    Premium Plus?

    49% is the 42 mo, 15K/yr residual
    36/15 residual is 53%.

    36 month money factor is .00061. 42 month MF is .00081

    So, yeah.. bad numbers all the way around..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • tjanderatjandera Posts: 2
    Thanks. Yes. It is a Premium Plus. I kind of suspected bad numbers. What is fair and what should I really be looking for payment wise. I really wanted to keep the payment close to $700, but I'm find this is a challenge.
  • kyfdxkyfdx Posts: 128,420
    tjandera said:

    Thanks. Yes. It is a Premium Plus. I kind of suspected bad numbers. What is fair and what should I really be looking for payment wise. I really wanted to keep the payment close to $700, but I'm find this is a challenge.

    What state and tax rate?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • octoucanoctoucan Posts: 52
    tjandera said:

    Thanks. Yes. It is a Premium Plus. I kind of suspected bad numbers. What is fair and what should I really be looking for payment wise. I really wanted to keep the payment close to $700, but I'm find this is a challenge.

    Currently I'm paying $645 including tax, zero down and no MSD on a $57,145 MSR S4. If you're in SoCal, I can share my contact.

    My lease is 36 months with 10K miles.
  • Hi octoucan, i'd love to get your SoCal contact. I sent you a pm as well. Thanks.
  • adam_gadam_g Posts: 7
    octoucan said:

    tjandera said:

    Thanks. Yes. It is a Premium Plus. I kind of suspected bad numbers. What is fair and what should I really be looking for payment wise. I really wanted to keep the payment close to $700, but I'm find this is a challenge.

    Currently I'm paying $645 including tax, zero down and no MSD on a $57,145 MSR S4. If you're in SoCal, I can share my contact.

    My lease is 36 months with 10K miles.
    Can you hook me up as well, octoucan? Thanks very much!
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