2016 Audi S3 Lease Questions

upthehill · June 2015

any news yet on 2016 S3 leasing numbers? My car is on the way to port (Emden) so it's almost time to make the lease / purchase decision.

Thanks.

kyfdx · June 2015

upthehill said:
any news yet on 2016 S3 leasing numbers? My car is on the way to port (Emden) so it's almost time to make the lease / purchase decision.

Thanks.

No 2016 numbers for the S3, yet..

upthehill · June 2015

Thanks. Well, the thread is now set up so we will be ready when the numbers come!

chio1 · June 2015

any numbers yet? since they are hitting dealers any day ?

kyfdx · June 2015

chio1 said:
any numbers yet? since they are hitting dealers any day ?

We don't expect to see any new numbers until July

upthehill · July 2015

Any news yet on 2016 S3 numbers?

kyfdx · July 2015

upthehill said:
Any news yet on 2016 S3 numbers?

.00139 MF and 56% residual for Premium+, 53% for Prestige. 36mo, 15K/yr

upthehill · July 2015

Can you give me 39month, 12k/yr, Premium Plus? Also, same terms for a 2015?

Thanks.

ttdrive · July 2015

Hi. Thanks for all the lease info you give us! It's extremely helpful.

I'm looking to order a 2016 S3 Prem + for 36mths at 10K miles per year.

From what you've posted so far I get a residual of 59%, and MF of .00139.
If I add Audi-care the residual goes up by 1%, thus on my lease it would be 60%.

I ran the numbers and by adding Audi-care the monthly actually dropped by nearly $3.
So it seems that if one leases, then get Audi-care because even though it costs about $820-$850 more, the lease payment will actually go down, so it pays for itself literally because your monthly is less and then you don't have to pay for oil changes or other maintenance items.

What I find interesting though is that the MF is so high even though residuals are higher as well.
Using the 2015 lease numbers the monthly payment would have been about $15 lower than with the 2016 lease numbers. Granted it's not much, but it is higher.

I will likely do the MSD as I did with my last 2 BMW leases. BMW does 7 maximum deposits for a total reduction of .00049 off the MF. Audi is not so generous as you have to do 9 deposits in order to get .00045 off of the MF. BMW leases seem to be the best in the business.
I will be paying about $50 more per month to lease an S3 with an MSRP of $45,145 compared to a 2016 BMW 340i with an MSRP of nearly $51K. That's a big difference in MSRP and the higher priced BMW will actually have a LOWER monthly payment by about $50.
Audi needs to do better with their leasing numbers if they want to be more competitive.
I'd love to get a "competitor conquest" incentive around at least $1000 as it would go a good way towards closely the big gap in monthly payment for cars that look like they cost less, but for leases they don't.

Also, for 2016 the base price for the S3 has gone up as it looks like Audi added the "Drivers assistance package", which was a $1400 option for 2015 models. Those items are not added to the standard items for the Premium Plus S3. The base price is now the same as the base 2015 S3 with that package added. Rearview backup cameras will be required in US cars by 2017 I believe. Seems Audi has passed that cost onto it's customers, and at a premium price I must say. If I had the option to not add it, like for the 2015 model, I would not add it as I don't need it. So for people like me the 2016 is really a $1400 price increase.

Also, the B&O audio system, which is fantastic BTW, was an $850 option in 2015 and for 2016 it went up to $950. Same system but $100 higher price for 2016.

The one item that is an added cost option is "Homelink". It costs $295. Seems kinda high for a premium automobile that comes with leather seating areas standard, yet it's nearly $300 just to have a builtin button to be able to open a garage door.

Thanks again for your leasing information. Please correct me if I have the numbers wrong or if they change.

kyfdx · July 2015

upthehill said:
Can you give me 39month, 12k/yr, Premium Plus? Also, same terms for a 2015?

Thanks.

.00159 MF and 56% residual
.00066 MF and 52% residual

kyfdx · July 2015

ttdrive said:
Hi. Thanks for all the lease info you give us! It's extremely helpful.

I'm looking to order a 2016 S3 Prem + for 36mths at 10K miles per year.

From what you've posted so far I get a residual of 59%, and MF of .00139.
If I add Audi-care the residual goes up by 1%, thus on my lease it would be 60%.

I ran the numbers and by adding Audi-care the monthly actually dropped by nearly $3.
So it seems that if one leases, then get Audi-care because even though it costs about $820-$850 more, the lease payment will actually go down, so it pays for itself literally because your monthly is less and then you don't have to pay for oil changes or other maintenance items.

What I find interesting though is that the MF is so high even though residuals are higher as well.
Using the 2015 lease numbers the monthly payment would have been about $15 lower than with the 2016 lease numbers. Granted it's not much, but it is higher.

I will likely do the MSD as I did with my last 2 BMW leases. BMW does 7 maximum deposits for a total reduction of .00049 off the MF. Audi is not so generous as you have to do 9 deposits in order to get .00045 off of the MF. BMW leases seem to be the best in the business.
I will be paying about $50 more per month to lease an S3 with an MSRP of $45,145 compared to a 2016 BMW 340i with an MSRP of nearly $51K. That's a big difference in MSRP and the higher priced BMW will actually have a LOWER monthly payment by about $50.
Audi needs to do better with their leasing numbers if they want to be more competitive.
I'd love to get a "competitor conquest" incentive around at least $1000 as it would go a good way towards closely the big gap in monthly payment for cars that look like they cost less, but for leases they don't.

Also, for 2016 the base price for the S3 has gone up as it looks like Audi added the "Drivers assistance package", which was a $1400 option for 2015 models. Those items are not added to the standard items for the Premium Plus S3. The base price is now the same as the base 2015 S3 with that package added. Rearview backup cameras will be required in US cars by 2017 I believe. Seems Audi has passed that cost onto it's customers, and at a premium price I must say. If I had the option to not add it, like for the 2015 model, I would not add it as I don't need it. So for people like me the 2016 is really a $1400 price increase.

Also, the B&O audio system, which is fantastic BTW, was an $850 option in 2015 and for 2016 it went up to $950. Same system but $100 higher price for 2016.

The one item that is an added cost option is "Homelink". It costs $295. Seems kinda high for a premium automobile that comes with leather seating areas standard, yet it's nearly $300 just to have a builtin button to be able to open a garage door.

Thanks again for your leasing information. Please correct me if I have the numbers wrong or if they change.

AudiCare won't lower the payment. Make sure you aren't adding AudiCare to the MSRP, when calculating the residual. If your payment is going down, then you aren't doing it right.

upthehill · July 2015

Just wanted to say thank you for all your help.

chio1 · July 2015

does audi allow you to do multiple security deposits?

Michaell · July 2015

chio1 said:

does audi allow you to do multiple security deposits?

Yes - max 9 with each reducing the MF by .00005

ttdrive · July 2015

kyfdx said:

ttdrive said:
Hi. Thanks for all the lease info you give us! It's extremely helpful.

I'm looking to order a 2016 S3 Prem + for 36mths at 10K miles per year.

From what you've posted so far I get a residual of 59%, and MF of .00139.
If I add Audi-care the residual goes up by 1%, thus on my lease it would be 60%.

I ran the numbers and by adding Audi-care the monthly actually dropped by nearly $3.
So it seems that if one leases, then get Audi-care because even though it costs about $820-$850 more, the lease payment will actually go down, so it pays for itself literally because your monthly is less and then you don't have to pay for oil changes or other maintenance items.

What I find interesting though is that the MF is so high even though residuals are higher as well.
Using the 2015 lease numbers the monthly payment would have been about $15 lower than with the 2016 lease numbers. Granted it's not much, but it is higher.

I will likely do the MSD as I did with my last 2 BMW leases. BMW does 7 maximum deposits for a total reduction of .00049 off the MF. Audi is not so generous as you have to do 9 deposits in order to get .00045 off of the MF. BMW leases seem to be the best in the business.
I will be paying about $50 more per month to lease an S3 with an MSRP of $45,145 compared to a 2016 BMW 340i with an MSRP of nearly $51K. That's a big difference in MSRP and the higher priced BMW will actually have a LOWER monthly payment by about $50.
Audi needs to do better with their leasing numbers if they want to be more competitive.
I'd love to get a "competitor conquest" incentive around at least $1000 as it would go a good way towards closely the big gap in monthly payment for cars that look like they cost less, but for leases they don't.

Also, for 2016 the base price for the S3 has gone up as it looks like Audi added the "Drivers assistance package", which was a $1400 option for 2015 models. Those items are not added to the standard items for the Premium Plus S3. The base price is now the same as the base 2015 S3 with that package added. Rearview backup cameras will be required in US cars by 2017 I believe. Seems Audi has passed that cost onto it's customers, and at a premium price I must say. If I had the option to not add it, like for the 2015 model, I would not add it as I don't need it. So for people like me the 2016 is really a $1400 price increase.

Also, the B&O audio system, which is fantastic BTW, was an $850 option in 2015 and for 2016 it went up to $950. Same system but $100 higher price for 2016.

The one item that is an added cost option is "Homelink". It costs $295. Seems kinda high for a premium automobile that comes with leather seating areas standard, yet it's nearly $300 just to have a builtin button to be able to open a garage door.

Thanks again for your leasing information. Please correct me if I have the numbers wrong or if they change.
AudiCare won't lower the payment. Make sure you aren't adding AudiCare to the MSRP, when calculating the residual. If your payment is going down, then you aren't doing it right.

Really?
I thought adding Audicare to a lease increased the residual by 1%?
If so, then the monthly does go down as the residual is higher.

Even if I don't add Audicare to the MSRP the added 1% to the residual results in a monthly payment drop of $13. What am I missing?
Does Audi not increase the residual with Audicare?

TIA.

ttdrive · July 2015

One more thing, I'm not adding Audicare to the MSRP, and I'm also not adding into the lease.
My calculations are based on paying for Audicare up front along with acquisition and other fees, as I don't like paying interest on fees. I do my lease calculations based solely on the MSRP and actual selling price.

Great info from you.
Thanks again.

ttdrive · July 2015

I'm trying to make a 2016 S3 lease work against a 2016 340i, but it's not good.
The 2016 340i Msport MSRP is about $52,100, 2016 S3 equipped with same content has an MSRP of $45,245.
A difference of $6855 dollars, not a small amount.

However, when I do the leasing numbers the S3 is about $68 MORE per month.
BMW does much better on their leasing. They may subsidize their leases, but the end result is that the customer gets a much better lease deal.
Actual resale on Audi's is higher than their lease residuals, which makes them a better purchase proposition imo.

The lease for a 2016 340i Msport looks darn great in comparison, . For $68 less per month, I get full maintenance during my 3yr lease. With Audicare maintenance there is an additional cost of about $850 more, paid up front. It raises the residual but the cost of the Audicare isn't calculated into the MSRP, so you pretty much pay full price for the added maintenance. Audi sales tells me that Audicare is good for 4yrs/50k miles, even though you may only lease for 3yrs and 30K miles. So you pay full price even though you will use a portion of it.
I'd love to get back into an Audi, but they sure do make it hard to do so.
I think I may stay with BMW.

kyfdx · July 2015

ttdrive said:
One more thing, I'm not adding Audicare to the MSRP, and I'm also not adding into the lease.
My calculations are based on paying for Audicare up front along with acquisition and other fees, as I don't like paying interest on fees. I do my lease calculations based solely on the MSRP and actual selling price.

Great info from you.
Thanks again.

Well... that's different.

kyfdx · July 2015

ttdrive said:
I'm trying to make a 2016 S3 lease work against a 2016 340i, but it's not good.
The 2016 340i Msport MSRP is about $52,100, 2016 S3 equipped with same content has an MSRP of $45,245.
A difference of $6855 dollars, not a small amount.

However, when I do the leasing numbers the S3 is about $68 MORE per month.
BMW does much better on their leasing. They may subsidize their leases, but the end result is that the customer gets a much better lease deal.
Actual resale on Audi's is higher than their lease residuals, which makes them a better purchase proposition imo.

The lease for a 2016 340i Msport looks darn great in comparison, . For $68 less per month, I get full maintenance during my 3yr lease. With Audicare maintenance there is an additional cost of about $850 more, paid up front. It raises the residual but the cost of the Audicare isn't calculated into the MSRP, so you pretty much pay full price for the added maintenance. Audi sales tells me that Audicare is good for 4yrs/50k miles, even though you may only lease for 3yrs and 30K miles. So you pay full price even though you will use a portion of it.
I'd love to get back into an Audi, but they sure do make it hard to do so.
I think I may stay with BMW.

Yes.. it's cheaper to lease a BMW than a comparable Audi

billnorman · July 2015

What are July's MF and Residual on 2016 Audi S3 Prem Plus & Prestige, 15k miles per year in Tennessee? Will these numbers change for August?

at361 · July 2015

I'm looking for July's MF and Residual on a 2016 Audi S3 Premium Plus, 36 months, 10k per year.

I'm looking to close the deal in the next two days, so any help is greatly appreciated!

Michaell · July 2015

billnorman said:
What are July's MF and Residual on 2016 Audi S3 Prem Plus & Prestige, 15k miles per year in Tennessee? Will these numbers change for August?

36/15 numbers are .00139 and 56% for Prem +, 53% for Prestige.

The current numbers state they are valid until 10/1, but Audi may alter the numbers next month.

Michaell · July 2015

at361 said:
I'm looking for July's MF and Residual on a 2016 Audi S3 Premium Plus, 36 months, 10k per year.

I'm looking to close the deal in the next two days, so any help is greatly appreciated!

.00139 and 59% for 36/10 on the Prem Plus

obfuscation · August 2015

Any update for 2016 S3 numbers?

2016 Premium Plus:
36/12
36/15

Thanks.

Michaell · August 2015

obfuscation said:
Any update for 2016 S3 numbers?

2016 Premium Plus:
36/12
36/15

Thanks.

.00139 and 56% for 36/15. Add 2% for 12K

gaogi123 · September 2015

Looking for lease numbers for 24/10K:

2015 S3 Prestige
2016 S3 Prestige

Thanks in advance!

Michaell · September 2015

gaogi123 said:
Looking for lease numbers for 24/10K:

2015 S3 Prestige
2016 S3 Prestige

Thanks in advance!

2015 - .00046 and 60%
2016 - .00139 and 63%

gaogi123 · September 2015

Michaell said:

gaogi123 said:
Looking for lease numbers for 24/10K:

2015 S3 Prestige
2016 S3 Prestige

Thanks in advance!
2015 - .00046 and 60%
2016 - .00139 and 63%

Thanks for the quick reply!

Jeff Angtuaco · September 2015

Michaell said:

obfuscation said:
Any update for 2016 S3 numbers?

2016 Premium Plus:
36/12
36/15

Thanks.
.00139 and 56% for 36/15. Add 2% for 12K

Thanks. How about 36/10?

kyfdx · September 2015

tacobooboo said:

Michaell said:

obfuscation said:
Any update for 2016 S3 numbers?

2016 Premium Plus:
36/12
36/15

Thanks.
.00139 and 56% for 36/15. Add 2% for 12K
Thanks. How about 36/10?

Add 3% to the 15K/yr numbers for 10K/yr

jjanders · October 2015

Hello, any news on October residual & MF?

Specifically for a 2016 S3 Prem Plus, 12K/36, thank you!

kyfdx · October 2015

jjanders said:
Hello, any news on October residual & MF?

Specifically for a 2016 S3 Prem Plus, 12K/36, thank you!

.00091 MF and 57% residual

achosid · October 2015

Do we know why MF fell so much this month?

Michaell · October 2015

achosid said:
Do we know why MF fell so much this month?

Audi wants to sell more cars this month?

Given that the 4 cylinder TDI models are not being sold, I suspect Audi is sweetening the pot with the other models to compensate.

achosid · October 2015

Was my assumption as well, but it seems to be limited to the S3, none of the other Audis appeared to have drops this precipitous. Who knows!

tedcars476 · October 2015

October residual and MF for 2016 S3 Prestige 12k/36 and 15k/36?

Thanks!

kyfdx · October 2015

tedcars476 said:
October residual and MF for 2016 S3 Prestige 12k/36 and 15k/36?

Thanks!

.00091 MF and 54%/52% residual

culbyg7 · October 2015

October residual and mf 10/36 for 2016 premium plus s3 and a3 2.0 Quattro.
Thanks!

Michaell · October 2015

culbyg7 said:
October residual and mf 10/36 for 2016 premium plus s3 and a3 2.0 Quattro.
Thanks!

A3 2.0T Premium Plus - 00089 and 58%
S3 Premium Plus - .00091 and 58%

icon5585 · October 2015

Can someone explain to me how the MSDs work?

I know you can put 10 MSDs down to buy down the MF by .00005 each time for a total of .00050.

Here's what I'm currently working with (need to make sure I'm on the right path).

2016 Audi S3 Premium Plus
MSRP - $47,820
Cap cost - $42,820

36 month lease, 12k miles/yr

The current MF is .00091
The current residual is 57%

With these numbers and 8.475% sales tax (damn Missouri), I get a payment of $539.00 (assuming I pay all of the fees out of pocket). Of that payment, $42.11 is tax.

So, if I wanted to put down the maximum number of MSDs, would I Have to pay $550 x 10 or $500 x 10?

Michaell · October 2015

icon5585 said:
Can someone explain to me how the MSDs work?

I know you can put 10 MSDs down to buy down the MF by .00005 each time for a total of .00050.

Here's what I'm currently working with (need to make sure I'm on the right path).

2016 Audi S3 Premium Plus
MSRP - $47,820
Cap cost - $42,820

36 month lease, 12k miles/yr

The current MF is .00091
The current residual is 57%

With these numbers and 8.475% sales tax (damn Missouri), I get a payment of $539.00 (assuming I pay all of the fees out of pocket). Of that payment, $42.11 is tax.

So, if I wanted to put down the maximum number of MSDs, would I Have to pay $550 x 10 or $500 x 10?

I believe Audi allows 9 MSDs, not 10.

Each MSD is the total payment (with tax), rounded up to the next $50. So, $550 in your scenario.

icon5585 · October 2015

The local dealership is telling me the MF is .001, how do I tell them otherwise?

Michaell · October 2015

icon5585 said:
The local dealership is telling me the MF is .001, how do I tell them otherwise?

You politely tell them you won't sign a deal with an inflated MF .. they know what the base rate is.

And, reach out to multiple Audi dealers ... it only takes one to make a deal on your terms.

jdiz3 · October 2015

MF and RV for a 2016 prem+. 12k/42 months. Also any idea if extra incentive will be available for this years season of Audi event?

jdiz3 · October 2015

I'm getting 53% and 0.00176 for 12k/42 months. Prem+. Does this sound right

kyfdx · October 2015

jdiz3 said:
I'm getting 53% and 0.00176 for 12k/42 months. Prem+. Does this sound right

.00111 MF and 53% residual

jdiz3 · October 2015

Thanks. Does .00141 mf sound reasonable for 12k/36m?

Michaell · October 2015

jdiz3 said:
Thanks. Does .00141 mf sound reasonable for 12k/36m?

No - the base MF is .00111; if you have top tier credit, that's the MF you should have the dealer use in your deal. Anything above that is profit for the dealer.

jdiz3 · October 2015

so I got my .000911 mf, I got my 10% off msrp. I have to order the car, car wont be here till February. Am I correct in my understanding that everything could change when the car actually arrives?

Michaell · October 2015

jdiz3 said:
so I got my .000911 mf, I got my 10% off msrp. I have to order the car, car wont be here till February. Am I correct in my understanding that everything could change when the car actually arrives?

Not 100% certain you can "lock in" the lease numbers when you place the order. You may, or you may have to use the numbers in February when you sign the paperwork.

jdiz3 · October 2015

I was told that I can lock in the current rate, but if the rate is better when the car arrives, I can get the better rate. Audi Loyalty incentive will be based upon the current offer when the car arrives. Also, the residual could change. kinda nerve racking.

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