Lease Offer

almad872almad872 Member Posts: 13
edited May 2016 in Audi
Hi,

I was offered a lease for $365/mo with $0 upfront payment for 7500 miles/42 months. Caveat added that I would trade-in a car, but it is a 16 year-old Honda. Thoughts? The vehicle is the 2016 Audi A3 with Season of Audi Package. Located right out of Washington, DC.

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  • kyfdxkyfdx Moderator Posts: 190,936
    almad872 said:

    Hi,

    I was offered a lease for $365/mo with $0 upfront payment for 7500 miles/42 months. Caveat added that I would trade-in a car, but it is a 16 year-old Honda. Thoughts? The vehicle is the 2016 Audi A3 with Season of Audi Package. Located right out of Washington, DC.

    What is the MSRP and selling price of the vehicle?

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  • almad872almad872 Member Posts: 13
    MSRP $38770; Selling Price: $35,600. 
  • MichaellMichaell ColoradoModerator Posts: 186,292
    almad872 said:

    MSRP $38770; Selling Price: $35,600. 

    Is this a 1.8T or 2.0T?

    What trim level?

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  • almad872almad872 Member Posts: 13
    Sorry for leaving out the details. It's the 2.0T with the Season of Audi package with 19" wheels. 
  • MichaellMichaell ColoradoModerator Posts: 186,292
    almad872 said:

    Sorry for leaving out the details. It's the 2.0T with the Season of Audi package with 19" wheels. 

    Premium, premium plus or prestige?

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  • almad872almad872 Member Posts: 13
    Ah, I'm clearly new to this. It's 2.0T Premium
  • MichaellMichaell ColoradoModerator Posts: 186,292
    almad872 said:

    Hi,

    I was offered a lease for $365/mo with $0 upfront payment for 7500 miles/42 months. Caveat added that I would trade-in a car, but it is a 16 year-old Honda. Thoughts? The vehicle is the 2016 Audi A3 with Season of Audi Package. Located right out of Washington, DC.

    almad872 said:

    MSRP $38770; Selling Price: $35,600. 

    almad872 said:

    Ah, I'm clearly new to this. It's 2.0T Premium

    .00054 and 55%. My calculations give me $371 a month with your prices, before tax. Your deal seems pretty good by comparison.

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  • almad872almad872 Member Posts: 13
    We ended up purchasing additional miles. Our payments total $400/mo (pre-tax) with 42/10k and protection packages for tires, wheels, and dents. The money factor came to .00054 with 54% residual- dealer said 1% less residual was for the additional miles.
  • almad872almad872 Member Posts: 13
    Oh and the dealer gave us $2000 for the car and a $750 rebate for the latest Audi offer. Lease payment includes acquisition fee, document fee, registration, etc. Does this sound about right?
  • MichaellMichaell ColoradoModerator Posts: 186,292
    almad872 said:

    We ended up purchasing additional miles. Our payments total $400/mo (pre-tax) with 42/10k and protection packages for tires, wheels, and dents. The money factor came to .00054 with 54% residual- dealer said 1% less residual was for the additional miles.

    almad872 said:

    Oh and the dealer gave us $2000 for the car and a $750 rebate for the latest Audi offer. Lease payment includes acquisition fee, document fee, registration, etc. Does this sound about right?

    Seems like a solid deal. Congrats and enjoy the new Audi!

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