2016 Audi A3 Cabriolet 1.8 T Premium Lease Question

hebrewhammer1hebrewhammer1 Member Posts: 3
edited June 2016 in Audi
Just got an offer from my local Audi dealership. MSRP was $39,750. Got the selling price down to $35,700. There giving me a lease offer of $400 a month with tax, 10,000 miles per year. MF is .002 and net selling price is 37187.85 after taxes which are $3339.10. They willing to eat my last months payment of $229 for my volkswagen and have to put $2000 down which includes all registration and drive off fees. Is this a good deal?

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  • MichaellMichaell ColoradoModerator Posts: 190,001

    Just got an offer from my local Audi dealership. MSRP was $39,750. Got the selling price down to $35,700. There giving me a lease offer of $400 a month with tax, 10,000 miles per year. MF is .002 and net selling price is 37187.85 after taxes which are $3339.10. They willing to eat my last months payment of $229 for my volkswagen and have to put $2000 down which includes all registration and drive off fees. Is this a good deal?

    The MF is .00020 on the A3 Cabriolet, and the 36/10 residual is 55%.

    Using your MSRP and net selling price, I get $438/mo.

    What is the adjusted cap cost after the $2000 due at signing?

    What state is this?

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  • hebrewhammer1hebrewhammer1 Member Posts: 3
    Didn't get an adjusted cap cost, but its CA/Santa Monica so 9.5% tax rate.
  • MichaellMichaell ColoradoModerator Posts: 190,001

    Didn't get an adjusted cap cost, but its CA/Santa Monica so 9.5% tax rate.

    So, adding tax to my calculated payment becomes $480/mo

    Want to know how much of the $2000 is going to cap reduction (aka down payment)

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  • bethygbethyg Member Posts: 4
    I was quoted $2000 down and 519 a month with tax included. Anyone have a price on an the 2017 A5 Cabriolet lease?
  • kyfdxkyfdx Moderator Posts: 194,304
    bethyg said:

    I was quoted $2000 down and 519 a month with tax included. Anyone have a price on an the 2017 A5 Cabriolet lease?

    If you have A5 questions, please post in the A5 discussion:
    http://forums.edmunds.com/discussion/35585/audi/a5/2016-audi-a5-lease-questions#latest

    Thanks!

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