2017 Audi S3 Lease Deals and Prices

Michaell · June 2017

lost808 said:
Mahalo!!! Does the $500 loyalty also apply here?

Yes, it does.

tsawyerlv · June 2017

So I ordered a 2017 Prestige that is supposed to be here within a week, and I am wondering if you can tell me the following for 36 months/18k miles:

- Money Factor - is the money factor you get what the dealership will offer or will they raise it to make a profit?
- Residual
- How much will the money factor be reduced per security deposit?
- I am a USAA member and first time Audi customer, will I still qualify for the $1k marketing allowance and $500 loyalty/conquest?

tsawyerlv · June 2017

Oh, I am in Las Vegas if that matters.

Michaell · June 2017

tsawyerlv said:
So I ordered a 2017 Prestige that is supposed to be here within a week, and I am wondering if you can tell me the following for 36 months/18k miles:

- Money Factor - is the money factor you get what the dealership will offer or will they raise it to make a profit?
- Residual
- How much will the money factor be reduced per security deposit?
- I am a USAA member and first time Audi customer, will I still qualify for the $1k marketing allowance and $500 loyalty/conquest?

.00010 and 50% for 36/15; check with the dealer on how the extra miles are accounted for

Dealer may try to bump the MF for extra profit

No information on the Audi MSD program

You should still qualify for those incentives

tsawyerlv · June 2017

Michaell said:

tsawyerlv said:
So I ordered a 2017 Prestige that is supposed to be here within a week, and I am wondering if you can tell me the following for 36 months/18k miles:

- Money Factor - is the money factor you get what the dealership will offer or will they raise it to make a profit?
- Residual
- How much will the money factor be reduced per security deposit?
- I am a USAA member and first time Audi customer, will I still qualify for the $1k marketing allowance and $500 loyalty/conquest?
.00010 and 50% for 36/15; check with the dealer on how the extra miles are accounted for

Dealer may try to bump the MF for extra profit

No information on the Audi MSD program

You should still qualify for those incentives

Did the residual go down from what it has been in recent months? Does Audi Care still increase the residual by 1%?

Michaell · June 2017

tsawyerlv said:

Michaell said:

tsawyerlv said:
So I ordered a 2017 Prestige that is supposed to be here within a week, and I am wondering if you can tell me the following for 36 months/18k miles:

- Money Factor - is the money factor you get what the dealership will offer or will they raise it to make a profit?
- Residual
- How much will the money factor be reduced per security deposit?
- I am a USAA member and first time Audi customer, will I still qualify for the $1k marketing allowance and $500 loyalty/conquest?
.00010 and 50% for 36/15; check with the dealer on how the extra miles are accounted for

Dealer may try to bump the MF for extra profit

No information on the Audi MSD program

You should still qualify for those incentives
Did the residual go down from what it has been in recent months? Does Audi Care still increase the residual by 1%?

We don't track historical information, but the residual does tend to drop throughout the model year.

Yes, purchasing AudiCare does increase the residual by 1%

clarkkm10 · June 2017

I received the follow quote for a 17' s3 premium plus. Can you please let me know if the numbers work on and if this seems like a good deal?

Msrp $50,580

Sale $47,000

51% 15k miles .0001 36 months

$582 month $30 less for less miles

$1756 due at singing - bank, DMV and first payment

Michaell · June 2017

clarkkm10 said:
I received the follow quote for a 17' s3 premium plus. Can you please let me know if the numbers work on and if this seems like a good deal?
Msrp $50,580

Sale $47,000

51% 15k miles .0001 36 months

$582 month $30 less for less miles

$1756 due at singing - bank, DMV and first payment

.00010 and 51% are correct for 36/15

With your prices, I get $596/mo plus tax

What state and tax rate?

tsawyerlv · June 2017

Today the sales manager at the dealership I am dealing with told me the money factor is .001, each security deposit reduces the money factor by .00005 and that with the max security deposits the money factor will be .0005. That seems to be five times more than what the moderator and other members here are quoting. She also told me, "Loyalty is $750 and you can not combine loyalty and conquest. It is one or the other."

Although I asked twice, she couldn't remember what the MSRP was (I actually asked for the cost of the car since I don't really care about MSRP) and she was gone for the day. Finally, she told me the car is supposed to be here at the end of the month and, "The programs change monthly so you can't lock in incentive." The salesman told me about a week ago that the car could be at the dealership on the 16th. That is a substantial difference, but even the end of the month is...this month.

Sorry for the long post, but this is an Autonation dealership. I am switching from BMW due to their customer service; I bought/leased 6 cars from the local dealership since 2009 for me and my wife. The sales manager at BMW happens to be the Audi sales manager's fiancé. Both are Autonation dealerships. An indication of how the relationship was, I turned in my 428 Grand Coupe more than a month ago and it was due back this Wednesday (paid for not having the car).

Michaell · June 2017

tsawyerlv said:
Today the sales manager at the dealership I am dealing with told me the money factor is .001, each security deposit reduces the money factor by .00005 and that with the max security deposits the money factor will be .0005. That seems to be five times more than what the moderator and other members here are quoting. She also told me, "Loyalty is $750 and you can not combine loyalty and conquest. It is one or the other."

Although I asked twice, she couldn't remember what the MSRP was (I actually asked for the cost of the car since I don't really care about MSRP) and she was gone for the day. Finally, she told me the car is supposed to be here at the end of the month and, "The programs change monthly so you can't lock in incentive." The salesman told me about a week ago that the car could be at the dealership on the 16th. That is a substantial difference, but even the end of the month is...this month.

Sorry for the long post, but this is an Autonation dealership. I am switching from BMW due to their customer service; I bought/leased 6 cars from the local dealership since 2009 for me and my wife. The sales manager at BMW happens to be the Audi sales manager's fiancé. Both are Autonation dealerships. An indication of how the relationship was, I turned in my 428 Grand Coupe more than a month ago and it was due back this Wednesday (paid for not having the car).

So they've marked up the MF from .00010 to .00100? Sheesh. The .00005 reduction for each MSD seems right, with (we think) a max of 9 MSDs allowed (.00045 total reduction).

Current Audi programs set to expire on 30 June.

I do agree with one thing - loyalty and conquest are mutually exclusive.

And, I am not familiar with how, or when, you can "lock in" the lease parameters on an ordered car from Audi. BMW is more transparent in this area - you can choose either the numbers when you place the order or the numbers when you take delivery, whichever is better.

Still not a fan of AutoNation - and there are a bunch here in Denver.

tsawyerlv · June 2017

Michaell said:

So they've marked up the MF from .00010 to .00100? Sheesh. The .00005 reduction for each MSD seems right, with (we think) a max of 9 MSDs allowed (.00045 total reduction).

Current Audi programs set to expire on 30 June.

I do agree with one thing - loyalty and conquest are mutually exclusive.

And, I am not familiar with how, or when, you can "lock in" the lease parameters on an ordered car from Audi. BMW is more transparent in this area - you can choose either the numbers when you place the order or the numbers when you take delivery, whichever is better.

Still not a fan of AutoNation - and there are a bunch here in Denver.

I am not a fan of Automation either. Would I ask them for the "buy rate" money factor to get .0001? I don't want to react too quickly, but I am wondering if leasing a A4 Prestige or S4 Prestige from the dealer in Henderson (not Automation) would result in lease payments close to what the dealer would come up with for the S3. As it stands, the lease payment on the S3 is likely to be the same or more than my wife's 2017 RX350 Sport - a car with a MSRP of around $8k more.

Michaell · June 2017

tsawyerlv said:

Michaell said:

So they've marked up the MF from .00010 to .00100? Sheesh. The .00005 reduction for each MSD seems right, with (we think) a max of 9 MSDs allowed (.00045 total reduction).

Current Audi programs set to expire on 30 June.

I do agree with one thing - loyalty and conquest are mutually exclusive.

And, I am not familiar with how, or when, you can "lock in" the lease parameters on an ordered car from Audi. BMW is more transparent in this area - you can choose either the numbers when you place the order or the numbers when you take delivery, whichever is better.

Still not a fan of AutoNation - and there are a bunch here in Denver.
I am not a fan of Automation either. Would I ask them for the "buy rate" money factor to get .0001? I don't want to react too quickly, but I am wondering if leasing a A4 Prestige or S4 Prestige from the dealer in Henderson (not Automation) would result in lease payments close to what the dealer would come up with for the S3. As it stands, the lease payment on the S3 is likely to be the same or more than my wife's 2017 RX350 Sport - a car with a MSRP of around $8k more.

1. Audis do not lease well compared to other brands
2. Don't negotiate the MF; simply tell them you aren't signing a deal with an inflated MF. They know what the base rate is.
3. Shop as many dealers as you're willing to travel to. Might have to consider SoCal as well.

clarkkm10 · June 2017

Michaell said:

clarkkm10 said:
I received the follow quote for a 17' s3 premium plus. Can you please let me know if the numbers work on and if this seems like a good deal?
Msrp $50,580

Sale $47,000

51% 15k miles .0001 36 months

$582 month $30 less for less miles

$1756 due at singing - bank, DMV and first payment
.00010 and 51% are correct for 36/15

With your prices, I get $596/mo plus tax

What state and tax rate?

NY State Westchester and I currently own an A4, shouldn't I get some incentive?

Michaell · June 2017

clarkkm10 said:

Michaell said:

clarkkm10 said:
I received the follow quote for a 17' s3 premium plus. Can you please let me know if the numbers work on and if this seems like a good deal?
Msrp $50,580

Sale $47,000

51% 15k miles .0001 36 months

$582 month $30 less for less miles

$1756 due at singing - bank, DMV and first payment
.00010 and 51% are correct for 36/15

With your prices, I get $596/mo plus tax

What state and tax rate?
NY State Westchester and I currently own an A4, shouldn't I get some incentive?

$1000 bonus cash and $500 loyalty incentive

tsawyerlv · June 2017

Michaell said:

So they've marked up the MF from .00010 to .00100? Sheesh. The .00005 reduction for each MSD seems right, with (we think) a max of 9 MSDs allowed (.00045 total reduction).

Current Audi programs set to expire on 30 June.

I do agree with one thing - loyalty and conquest are mutually exclusive.

And, I am not familiar with how, or when, you can "lock in" the lease parameters on an ordered car from Audi. BMW is more transparent in this area - you can choose either the numbers when you place the order or the numbers when you take delivery, whichever is better.

Still not a fan of AutoNation - and there are a bunch here in Denver.

I am not a fan of Automation either. Would I ask them for the "buy rate" money factor to get .0001? I don't want to react too quickly, but I am wondering if leasing a A4 Prestige or S4 Prestige from the dealer in Henderson (not Automation) would result in lease payments close to what the dealer would come up with for the S3. As it stands, the lease payment on the S3 is likely to be the same or more than my wife's 2017 RX350 Sport - a car with a MSRP of around $8k more.

1. Audis do not lease well compared to other brands
2. Don't negotiate the MF; simply tell them you aren't signing a deal with an inflated MF. They know what the base rate is.
3. Shop as many dealers as you're willing to travel to. Might have to consider SoCal as well.

I actually sent some emails to other dealers this morning before reading your response. Out of curiosity, what brands lease well and what aspect makes you say Audis do not lease well?

Michaell · June 2017

tsawyerlv said:

Michaell said:

tsawyerlv said:

Michaell said:

So they've marked up the MF from .00010 to .00100? Sheesh. The .00005 reduction for each MSD seems right, with (we think) a max of 9 MSDs allowed (.00045 total reduction).

Current Audi programs set to expire on 30 June.

I do agree with one thing - loyalty and conquest are mutually exclusive.

And, I am not familiar with how, or when, you can "lock in" the lease parameters on an ordered car from Audi. BMW is more transparent in this area - you can choose either the numbers when you place the order or the numbers when you take delivery, whichever is better.

Still not a fan of AutoNation - and there are a bunch here in Denver.

I am not a fan of Automation either. Would I ask them for the "buy rate" money factor to get .0001? I don't want to react too quickly, but I am wondering if leasing a A4 Prestige or S4 Prestige from the dealer in Henderson (not Automation) would result in lease payments close to what the dealer would come up with for the S3. As it stands, the lease payment on the S3 is likely to be the same or more than my wife's 2017 RX350 Sport - a car with a MSRP of around $8k more.

1. Audis do not lease well compared to other brands

2. Don't negotiate the MF; simply tell them you aren't signing a deal with an inflated MF. They know what the base rate is.

3. Shop as many dealers as you're willing to travel to. Might have to consider SoCal as well.

I actually sent some emails to other dealers this morning before reading your response. Out of curiosity, what brands lease well and what aspect makes you say Audis do not lease well?

Residual value, mainly. Audi does not inflate them like other brands do.

Before trying to find the best deal, you should test drive cars you are interested in. A good deal isn't so good if you don't like the car.

tsawyerlv · June 2017

Michaell said:

tsawyerlv said:

Michaell said:

tsawyerlv said:

Michaell said:

So they've marked up the MF from .00010 to .00100? Sheesh. The .00005 reduction for each MSD seems right, with (we think) a max of 9 MSDs allowed (.00045 total reduction).

Current Audi programs set to expire on 30 June.

I do agree with one thing - loyalty and conquest are mutually exclusive.

And, I am not familiar with how, or when, you can "lock in" the lease parameters on an ordered car from Audi. BMW is more transparent in this area - you can choose either the numbers when you place the order or the numbers when you take delivery, whichever is better.

Still not a fan of AutoNation - and there are a bunch here in Denver.

I am not a fan of Automation either. Would I ask them for the "buy rate" money factor to get .0001? I don't want to react too quickly, but I am wondering if leasing a A4 Prestige or S4 Prestige from the dealer in Henderson (not Automation) would result in lease payments close to what the dealer would come up with for the S3. As it stands, the lease payment on the S3 is likely to be the same or more than my wife's 2017 RX350 Sport - a car with a MSRP of around $8k more.

1. Audis do not lease well compared to other brands

2. Don't negotiate the MF; simply tell them you aren't signing a deal with an inflated MF. They know what the base rate is.

3. Shop as many dealers as you're willing to travel to. Might have to consider SoCal as well.

I actually sent some emails to other dealers this morning before reading your response. Out of curiosity, what brands lease well and what aspect makes you say Audis do not lease well?

Residual value, mainly. Audi does not inflate them like other brands do.

Before trying to find the best deal, you should test drive cars you are interested in. A good deal isn't so good if you don't like the car.

I have driven several cars that I am interested in. For my taste, the Audi is what I like the best. Of course, I like BMWs, but both our local dealers are Autonation and the only BMW I would realistically want - the 428 Grand Coupe - is the car I just returned (the new 3 series doesn't come out until next year from what I read). Other than Audi and BMW, I would wait to see if they add anything to the infotainment and safety systems of the IS350. By that time the Model 3 configurator will be out...yep, I have a deposit down. First world problems during a period where a lot of great cars are available.

Michaell · June 2017

I have a friend who buys cars like most people buy clothes. He's had a BMW phase (3-, 4- and 5-series, plus an X5), an Audi phase (S3, S4, SQ5, A5) and now has a Durango and a GTI.

I've never had the pleasure of shopping in that price range, but I agree, a lot of darn good cars out there to choose from.

mattyp13 · June 2017

Looking for rates in Florida. 42/12 and 42/15. Also is the MF determined by credit? Thanks!

kyfdx · June 2017

mattyp13 said:
Looking for rates in Florida. 42/12 and 42/15. Also is the MF determined by credit? Thanks!

.00030 MF and 49%/47% residual.
That's for Tier 1 or 2. As the credit score goes down, the money factor goes up.

troutman8642 · June 2017

Could you please tell me the June 2017 MF and RV for 2017 S3 P+ in NJ? Also, what price point should I be targeting with respect to discount below MSRP? Thank you.

Michaell · June 2017

troutman8642 said:
Could you please tell me the June 2017 MF and RV for 2017 S3 P+ in NJ? Also, what price point should I be targeting with respect to discount below MSRP? Thank you.

.00010 and 51% for 36/15

$1000 marketing allowance

We suggest you target 6% off sticker, before applying the incentives.

troutman8642 · June 2017

What would the RV change to for same scenario but 36/12? Also, is the $1k marketing allowance simply treated an "incentive"?
Thanks Michaell!

Michaell · June 2017

troutman8642 said:
What would the RV change to for same scenario but 36/12? Also, is the $1k marketing allowance simply treated an "incentive"?
Thanks Michaell!

53% for 36/12

Yes, $1K is an incentive

park5 · July 2017

Hi,
Do you have the July MF/RV for the 2017 S3 Premium Plus?
10K miles/36 Months.

Thank you.

kyfdx · July 2017

park5 said:
Hi,
Do you have the July MF/RV for the 2017 S3 Premium Plus?
10K miles/36 Months.

Thank you.

.00011 MF and 51% residual

nortdort · July 2017

Hello, Does the MF/RV vary based on state?

If so could you prove the MF/RV for a P+ S3 in California for 36/12k.

Thanks!

Edit: I should add I was quoted .00078 and 50%.
Seems crazy to they hey can mark it up 7x if .00011 really is base rate.

mattyp13 · July 2017

kyfdx said:

Looking for rates in Florida. 42/12 and 42/15. Also is the MF determined by credit? Thanks!

.00030 MF and 49%/47% residual.
That's for Tier 1 or 2. As the credit score goes down, the money factor goes up.

Just recieved a quote on 42/12 at 44% residual .0003 mf is that correct?

Michaell · July 2017

nortdort said:
Hello, Does the MF/RV vary based on state?

If so could you prove the MF/RV for a P+ S3 in California for 36/12k.

Thanks!

Edit: I should add I was quoted .00078 and 50%.
Seems crazy to they hey can mark it up 7x if .00011 really is base rate.

.00011 and 50% are the correct numbers.

Michaell · July 2017

mattyp13 said:

kyfdx said:

mattyp13 said:
Looking for rates in Florida. 42/12 and 42/15. Also is the MF determined by credit? Thanks!

.00030 MF and 49%/47% residual.

That's for Tier 1 or 2. As the credit score goes down, the money factor goes up.

Just recieved a quote on 42/12 at 44% residual .0003 mf is that correct?

.00031 and 46% for 42/12

charliex · July 2017

Could I get the MF and RV for SoCal? 36/10k?

The only incentive I see is First Month Paid. No loyalty?

Michaell · July 2017

charliex said:
Could I get the MF and RV for SoCal? 36/10k?

The only incentive I see is First Month Paid. No loyalty?

.00011 and 51% (P+) or 50% (Prestige)

Complimentary first payment, $1500 marketing allowance and $500 loyalty (if you are currently financed through AFS)

charliex · July 2017

Michaell said:

Complimentary first payment, $1500 marketing allowance and $500 loyalty (if you are currently financed through AFS)

Brilliant. Thanks

plopez12808 · July 2017

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles

Michaell · July 2017

plopez12808 said:
Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles

Premium Plus or Prestige trim level?

Selling price?

Cash due at signing?

plopez12808 · July 2017

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level? Selling price? Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with

plopez12808 · July 2017

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level? Selling price? Cash due at signing?

.edited top post

kyfdx · July 2017

plopez12808 said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level?

Selling price?

Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with

.00011 MF and 51% residual
$1500 marketing allowance
$500 loyalty/conquest
Complimentary 1st payment

plopez12808 · July 2017

kyfdx said:

plopez12808 said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level?

Selling price?

Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with

.00011 MF and 51% residual
$1500 marketing allowance
$500 loyalty/conquest
Complimentary 1st payment

So do the numbers I have make sense? I don't believe I qualify for the loyalty or conquest because I have a Mazda 6.

plopez12808 · July 2017

kyfdx said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level? Selling price? Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with
.00011 MF and 51% residual $1500 marketing allowance $500 loyalty/conquest Complimentary 1st payment

Ok so here it is with the selling price:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles

Michaell · July 2017

plopez12808 said:

kyfdx said:

plopez12808 said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level?

Selling price?

Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with

.00011 MF and 51% residual
$1500 marketing allowance
$500 loyalty/conquest
Complimentary 1st payment

Ok so here it is with the selling price:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles

With those numbers, I get $495/mo plus tax.

What is the tax rate where you live?

Ask the dealer for the adjusted cap cost, which is the selling price plus any taxes and fees you are not paying up front. That might explain the difference in payment.

plopez12808 · July 2017

Michaell said:

kyfdx said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level? Selling price? Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with
.00011 MF and 51% residual $1500 marketing allowance $500 loyalty/conquest Complimentary 1st payment

Ok so here it is with the selling price:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles
With those numbers, I get $495/mo plus tax. What is the tax rate where you live? Ask the dealer for the adjusted cap cost, which is the selling price plus any taxes and fees you are not paying up front. That might explain the difference in payment.

I live in Los Angeles so the tax rate is 9.5% I believe. Ok I'll ask them for that and repost the numbers here and hopefully it all makes sense. Thank you so much!

plopez12808 · July 2017

Michaell said:

kyfdx said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level? Selling price? Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with
.00011 MF and 51% residual $1500 marketing allowance $500 loyalty/conquest Complimentary 1st payment

Ok so here it is with the selling price:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles
With those numbers, I get $495/mo plus tax. What is the tax rate where you live? Ask the dealer for the adjusted cap cost, which is the selling price plus any taxes and fees you are not paying up front. That might explain the difference in payment.

Adjusted cap cost is $43,972.71.

How do the numbers look?

Michaell · July 2017

plopez12808 said:

Michaell said:

plopez12808 said:

kyfdx said:

plopez12808 said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level?

Selling price?

Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with
.00011 MF and 51% residual
$1500 marketing allowance
$500 loyalty/conquest
Complimentary 1st payment

Ok so here it is with the selling price:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles

With those numbers, I get $495/mo plus tax.

What is the tax rate where you live?

Ask the dealer for the adjusted cap cost, which is the selling price plus any taxes and fees you are not paying up front. That might explain the difference in payment.

Adjusted cap cost is $43,972.71.

How do the numbers look?

I get $551/mo, so pretty close to the dealer quote.

maibad31 · July 2017

Hi, can i get MF and RV in texas for the following?
AWD 36/7.5
AWD 24/7.5
AWD 36/10
The above for both P+ and Prestige

Thanks

plopez12808 · July 2017

Michaell said:

Michaell said:

kyfdx said:

Michaell said:

Current rates for SoCal? Don't have complete #s yet, but how does this sound

MSRP: $51,180
$550 a month tax included
36 months 10k miles
Premium Plus or Prestige trim level? Selling price? Cash due at signing?

Sorry...need to get selling price...premium plus and $1200 out the door....00011 MF...51% residual ($26,145.24)...got the same quote for MSRP $51,225 which is the one I'll end up going with
.00011 MF and 51% residual $1500 marketing allowance $500 loyalty/conquest Complimentary 1st payment

Ok so here it is with the selling price:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles
With those numbers, I get $495/mo plus tax. What is the tax rate where you live? Ask the dealer for the adjusted cap cost, which is the selling price plus any taxes and fees you are not paying up front. That might explain the difference in payment.

Adjusted cap cost is $43,972.71.

How do the numbers look?
I get $551/mo, so pretty close to the dealer quote.

Based on the numbers is this a good deal?

plopez12808 · July 2017

Previously I got a deal through a broker on a 2017 Premium Plus that was:
MSRP: $52,455
$1200 out the door
$565 a month
36 months and 10,000 miles

after that I got the deal from a few posts above:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles
Adjusted cap cost $43,972.71

If everything is equal and the difference in MSRP is $1,230 shouldn't the monthly of the cheaper car be closer to $30 less. So around $535-$540 versus $550?

kyfdx · July 2017

maibad31 said:
Hi, can i get MF and RV in texas for the following?
AWD 36/7.5
AWD 24/7.5
AWD 36/10
The above for both P+ and Prestige

Thanks

.00011 MF and 52% residual for P+, 36/7.5K/yr
Subtract 1% for Prestige
Add 7% for 24 months
Subtract 1% for 10K/yr

kyfdx · July 2017

plopez12808 said:
Previously I got a deal through a broker on a 2017 Premium Plus that was:
MSRP: $52,455
$1200 out the door
$565 a month
36 months and 10,000 miles

after that I got the deal from a few posts above:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles
Adjusted cap cost $43,972.71

If everything is equal and the difference in MSRP is $1,230 shouldn't the monthly of the cheaper car be closer to $30 less. So around $535-$540 versus $550?

You are confusing CAP cost reductions with lower MSRPs.

On a specified deal, if the price changes by $1000, the payment changes by about $30/mo. (for a 36 month lease)

But, if you have a $50K MSRP vehicle and the payment is $500 mo., then a $49K MSRP vehicle would be about $490/mo., all else being equal.

plopez12808 · July 2017

kyfdx said:

Previously I got a deal through a broker on a 2017 Premium Plus that was:
MSRP: $52,455
$1200 out the door
$565 a month
36 months and 10,000 miles

after that I got the deal from a few posts above:

MSRP $51,225
Sale price $43,683
Residual 51% $26,124.75
MF .00011
$1200 out the door
$550 a month
36 months 10,000 miles
Adjusted cap cost $43,972.71

If everything is equal and the difference in MSRP is $1,230 shouldn't the monthly of the cheaper car be closer to $30 less. So around $535-$540 versus $550?
You are confusing CAP cost reductions with lower MSRPs. On a specified deal, if the price changes by $1000, the payment changes by about $30/mo. (for a 36 month lease) But, if you have a $50K MSRP vehicle and the payment is $500 mo., then a $49K MSRP vehicle would be about $490/mo., all else being equal.

Thank you so much for the explanation!

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