brun019822

Hi guys new to the forum I have a few questions, i just purchased a 2015 GTI 6 months ago, my first German car and I'm in love with it but now I'm interested on the S4 and I'm not really sure how leasing works, I really can't afford a high down payment on it at this time and the most I want to pay monthly would be around $550, would that be possible?

QuartzS4

It is never a good idea to put a lot of money down on a lease regardless.

Whats your location? 550 w/tax is quite a stretch but if you get a basic manual S4 you might be able to achieve that.

brun019822

im in long island ny, yeah some of the numbers im seeing around is just crazy down payment on a lease, thats pretty much want I want a basic manual s4

Cobalt03

Agreed, put down as little as possible any time you lease! Just did a $0 down lease--pretty cool to walk out the door with a brand new car and no $ out of pocket. Sure, the bill is coming (and you better be ready for it), but the first 4 weeks were fun! Taking advantage of the current Season of Audi event and my rebate for being a current Audi owner made it possible.

I will say though, even if you do a low mileage (7-10k) lease on an S4 with no options (manual/base car) I think you are going to be hard pressed to hit your target. You can figure out what you need for cap cost to hit that payment, then compare that to the invoice price on the car. Unless it is > invoice, likely not going to happen.

Take a look over on Edmunds at the leasing discussion--- some good info over there.

2014 Audi S4 Lease Questions - Page 12 - Car Forums at Edmunds.com

Good luck!

DrGP

You need to look at a BMW. You will not be able to lease a 2015 S4 for $550/month with no money down. You have some other options. 1) Buy a used s4 for $30-35k with warranty and finance. 2) Look at an S3 although I'm not really sure what they are currently leasing for. They might not actually be in your price range either. 3) Look at a new BMW 2 or 3 series. BMW subsidizes their leases which means you can usually get a comparable vehicle at a lower lease rate. At the end of a BMW lease you turn in the car because the residual is much higher than the wholesale value of the car. with the Audi you trade it in or buy it because the residual is significantly lower than the wholesale value. 2 different companies with 2 different philosophies on leasing. Otherwise, you will need to put significant down money to get an S4 for what you want to pay. BTW, I've been leasing cars since 1980. I'm on my 3rd b8 S4. Leased the first 2 . Traded in my leased 2014 and purchased a used 2011 S4. Decided to get out of the leasing merry go round. But that's the great thing about an Audi lease. At some point in time the residual is actually worth at least the wholesale value. at that point you can get out of the lease because any dealer will be willing to buy your car for wholesale.

motorsport_mike

+1

I just leased a new S4 a few weeks ago, and was also shopping the 335xi. Specing the BMW to a similar MSRP as the Audi (~$58k), after negotiating everything down and including their holiday promotions, with the same down payment ($2,000), the BMW was $100 less per month.

Not that money doesn't matter, but at this level of the game I don't think you buy an S4 because it's the most fiscally responsible car to buy... you buy it because it speaks to you, and fulfills an emotional need. It's got to be good for your soul. And that's why I am spending the extra $100/month and joined this forum!

Good luck!

Cobalt03

+1--absolutely correct and why I brought one home recently as well!

AzWildcat

agreed with all.

You are probably looking closer to $625-650 with tax.

Glayfan40

Assuming an MSRP of $55,000 (modestly equipped) and a discount of $5,000 (~9%), for a 36-mo, 10K mi/yr lease you will be looking at the following -

Negotiated sale price = $50,000
Money factor = .00098 (2.352% APR equivalent)
Residual = 59% (w/ Audi Care/Maintenance program; 58% w/o)
Month Payment (before tax) = (50,000-55,000*.59)/36 + (50,000+55,000*.59)*.00098 = $568.3

Your cash upfront will just be the normal doc fee, tag/title/registration, lease acquisition fee of $695, and the Audi Care fee ($800-900).

You can choose to roll in the acquisition fee and Audi Care fee into the negotiated sale price. The monthly payment will go up accordingly.

And finally your state tax will apply to the month payment amount.

If you happened to have financed your 2015 GTI purchase and did not put a large down payment back then, you are going to be way upside down (carrying negative equity) on that car as well. You will either have to come up with the difference in cash or roll that into the lease (again, onto the negotiated sale price number) which will increase the monthly payment further.

Just make sure your dealer lays everything out like I did above and not just give you a monthly payment number to work with.

brun019822

guys sorry I didnt reply sooner, have been super busy with my kids. thank you so much for the help, it sounds like its doable maybe with a little down payment on my side and negotiating the price down. now regarding my GTI, I filled out a estimate on how much they would give me for my gti and according to audi of lynbrook they valued my car at $24500 now I still owe around $27300 on it so we will see how it goes, actually one of their online specialist sent me a email saying they might be able to give me more because of the demand for the gti, so I need to check that out, if they could bump the offer to around $26000 I guess that wouldnt be so bad.