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Good Lease for a S3?

audifanboiaudifanboi Member Posts: 21
edited August 2016 in Audi
Hi

Interested in a 2016 Audi S3 and would like the experts to chime in and let me know what my payments should be for the following:

Purchase in Northern VA (22180)

$49698 for a Premium Plus including TTL

$51900 for Prestige including TTL

Thanks.
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  • MichaellMichaell Moderator Posts: 267,363
    audifanboi said:

    Hi

    Interested in a 2016 Audi S3 and would like the experts to chime in and let me know what my payments should be for the following:

    Purchase in Northern VA (22180)

    $49698 for a Premium Plus including TTL

    $51900 for Prestige including TTL

    Thanks.

    What lease term and how many miles per year?

    What is the MSRP of each vehicle?

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  • audifanboiaudifanboi Member Posts: 21
    edited August 2016
    Hi Michaell

    What lease term and how many miles per year?
    3yr/36k miles

    What is the MSRP of each vehicle?
    Premium Plus: $53170

    Prestige: $54225
  • MichaellMichaell Moderator Posts: 267,363
    audifanboi said:

    Hi Michaell

    What lease term and how many miles per year?
    3yr/36k miles

    What is the MSRP of each vehicle?
    Premium Plus: $53170

    Prestige: $54225

    S3 lease numbers for 36/12 - .00006 and 54% (Prem +) or 51% (Prestige)

    With your MSRP and selling price, I get a payment of $588/mo (P+) or $663/mo (Prestige)

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  • audifanboiaudifanboi Member Posts: 21
    Thanks.. For the Prestige, there is also $4k down which goes towards TTL, first month pmt, and fees.

    Initial cap cost of 48968
    Total financed fee (not sure what this is) 1188
    Adjusted cap cost 47640
    = 559/mo

    How does that sound?
  • MichaellMichaell Moderator Posts: 267,363
    audifanboi said:

    Thanks.. For the Prestige, there is also $4k down which goes towards TTL, first month pmt, and fees.

    Initial cap cost of 48968
    Total financed fee (not sure what this is) 1188
    Adjusted cap cost 47640
    = 559/mo

    How does that sound?

    I get $560/mo (chalk it up to a rounding error).

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  • audifanboiaudifanboi Member Posts: 21
    So a fair deal and no hanky panky?
  • MichaellMichaell Moderator Posts: 267,363
    audifanboi said:

    So a fair deal and no hanky panky?

    Looks that way.

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  • audifanboiaudifanboi Member Posts: 21
    What is the 'Total financed fee' 1188?

    Is that taken from the 4k to lower the cap?
  • MichaellMichaell Moderator Posts: 267,363
    audifanboi said:

    What is the 'Total financed fee' 1188?

    Is that taken from the 4k to lower the cap?

    That's how I would interpret it.

    However, confirm with the dealer.

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