Go Back  AudiWorld Forums > Audi Models > Audi e-Tron
Reload this Page >

Cap Cost, Residual Percentage and Money Factor

Audi e-Tron Discussion forums for the electric Audi e-Tron SUV.

Cap Cost, Residual Percentage and Money Factor

 
Old 04-15-2019, 06:00 AM
  #31  
AudiWorld Member
 
Join Date: Jun 2017
Posts: 100
Default

Originally Posted by Francis Y. View Post
Oh, I see. Well, still made no sense as you don't own a car after 39 months of payments on a 6 year loan.
True. My numbers didn't make sense and SYMAWD found the error--I hadn't included the pay off of the loan at 39 months. Add that in and the estimated cost of ownership for the 39 months increased to about $1000/month. Better than Jaguar's offer of a zero down 39 month lease payment of $1509/month, but there is the risk of the sale price at 39 months. That's what people pay for in a lease--the ability to walk away at the end. But, it also means you have to stay until the end of the lease to avoid that hassle. Still, taking the Jag lease offer costs $19,500 more than the method I outlined of dong the 72 month zero interest finance and selling at 39 months, with an estimated 43% residual of $30,776. Any actual sale price greater than about $11,000 and you are money ahead. Plus, you aren't stuck with holding the i-Pace to the end of a 39 month lease. If Audi were to offer zero financing on the e-Tron at some point, this might be really attractive.

Last edited by ted99; 04-15-2019 at 06:10 AM.
ted99 is offline  
Old 04-23-2019, 12:39 PM
  #32  
AudiWorld Senior Member
 
Join Date: Oct 2000
Location: SF Bay Area
Posts: 602
Default

I put together an Excel spreadsheet that enables you to compare 6 lease and 6 purchase scenarios. I've found it helpful. If you find a bug or have a suggestion, please PM me. The lease calculations are based on the bizcalcs lease calculator. I've tried to provide enough loan information so that one can compare lease versus purchase on a total cost basis. I've left my data in place to give you a head start. Gray filled data is calculated and non editable.
Attached Files
File Type: xlsx
Auto Purchase Lease.xlsx (45.3 KB, 33 views)
LavaGrau_A3 is offline  
Old 04-24-2019, 05:59 PM
  #33  
AudiWorld Junior Member
 
Join Date: Mar 2009
Posts: 28
Default

In the forums on edmunds.com, some of the lease rates were posted for the Edition One models. The poster did not know if AFS was passing along the tax credit as a full incentive and also cautioned these are April rates (though, one would doubt much change for May since deliveries are just beginning).

e-Tron Edition One (it is a separate trim)

36month /10k miles
.00230 MF and 50% residual

42/10
.00250 MF and 46% residual

48/10
.00250 MF and 43% residual
AudiFan02 is offline  
Old 04-24-2019, 10:27 PM
  #34  
AudiWorld Member
Thread Starter
 
Join Date: Dec 2018
Location: Coachella Valley, California
Posts: 170
Default

Originally Posted by AudiFan02 View Post
In the forums on edmunds.com, some of the lease rates were posted for the Edition One models. The poster did not know if AFS was passing along the tax credit as a full incentive and also cautioned these are April rates (though, one would doubt much change for May since deliveries are just beginning).

e-Tron Edition One (it is a separate trim)

36month /10k miles
.00230 MF and 50% residual

42/10
.00250 MF and 46% residual



48/10
.00250 MF and 43% residual
In my view., if true, these residual percentages are the expression of Audi's complete lack of confidence in the sustainability of the value of the e-tron SUV. If Audi Financial were not to reduce the MSRP by the full amount of the Federal tax credit, combined with these low residuals, I might be inclined to pass on the e-tron at this time.
1st Audi Owner is offline  
Old 04-26-2019, 07:00 AM
  #35  
AudiWorld Member
 
Join Date: Apr 2000
Location: Orange County, CA
Posts: 143
Default

Originally Posted by AudiFan02 View Post
In the forums on edmunds.com, some of the lease rates were posted for the Edition One models. The poster did not know if AFS was passing along the tax credit as a full incentive and also cautioned these are April rates (though, one would doubt much change for May since deliveries are just beginning).

e-Tron Edition One (it is a separate trim)

36month /10k miles
.00230 MF and 50% residual

42/10
.00250 MF and 46% residual

48/10
.00250 MF and 43% residual
My dealer gave me very similar rates on a Prestige model, with identical MF and 51% residual on a 36 mo/10k mi lease. In addition, he revealed that AFS will offer 1.9% financing up to 66 months. My feeling is that the residual, while a bit low compared to some ICE models, is in line with other comparable BEV leases, like the Tesla X (when it was first introduced) and Jaguar I pace.
Francis Y. is offline  
Old 04-26-2019, 08:03 AM
  #36  
AudiWorld Junior Member
 
Join Date: Mar 2009
Posts: 28
Default

Originally Posted by Francis Y. View Post
My dealer gave me very similar rates on a Prestige model, with identical MF and 51% residual on a 36 mo/10k mi lease. In addition, he revealed that AFS will offer 1.9% financing up to 66 months. My feeling is that the residual, while a bit low compared to some ICE models, is in line with other comparable BEV leases, like the Tesla X (when it was first introduced) and Jaguar I pace.
Thanks for the info. Did your dealer mention if AFS was passing the $7,500 tax credit on as an incentive for leases?
AudiFan02 is offline  
Old 04-26-2019, 10:19 AM
  #37  
AudiWorld Member
 
Join Date: Jul 2002
Posts: 576
Default

For those new to Audi leasing game, the sweep spot is always the fully loaded premium plus model rather than Prestige because premium plus get 3% residual bump over Prestige.

So based on what was posted above, looks like for standard 36/10k lease, the residual rates are:
36/10k Launch 50%
36/10k Prestige 51%
36/10k Premium Plus 54% (estimated based on other Audi models)

+1% for 7.5k (if offered)
-1% for 12k
-3% for 15k

Here are the SQ5 and Q8 (two most similar Audi models) numbers for comparison:
36/10k Prestige 55%
36/10k Premium Plus 58%

3% difference between eTron and SQ5 or Q8.

Last edited by bzcat; 04-26-2019 at 10:28 AM.
bzcat is offline  
Old 04-26-2019, 10:32 AM
  #38  
AudiWorld Junior Member
 
Join Date: Mar 2009
Posts: 28
Default

Originally Posted by bzcat View Post
For those new to Audi leasing game, the sweep spot is always the fully loaded premium plus model rather than Prestige because premium plus get 3% residual bump over Prestige.

So based on what was posted above, looks like for standard 36/10k lease, the residual rates are:
36/10k Launch 50%
36/10k Prestige 51%
36/10k Premium Plus 54% (estimated based on other Audi models)

+1% for 7.5k (if offered)
-1% for 12k
-3% for 15k

Here are the SQ5 and Q8 (two most similar Audi models) numbers for comparison:
36/10k Prestige 55%
36/10k Premium Plus 58%

3% difference between eTron and SQ5 or Q8.
Looking back at my previous Audi leases (I believe my e-Tron would be #9), I would concur that Premium Plus for 36 months is usually the best spot. AFS typically gives a 1% residual bump for Audi Care, which often makes sense depending on your mileage. I would assume they will offer the same 1% on the e-Tron, but I haven't seen that confirmed.
AudiFan02 is offline  
Old 04-26-2019, 10:43 AM
  #39  
AudiWorld Member
 
Join Date: Jul 2002
Posts: 576
Default

Yes, Audi Care adds another 1% and I always get it on my Audi lease. It used to be a no-brainer when Audi Care typically cost less or very close to 1% of MSRP. But now that they bumped it up to $999 (for most model), it is not as great of a deal (because it is more than 1% of MSRP). But smart negotiation can still get you there.

Last edited by bzcat; 04-26-2019 at 10:48 AM.
bzcat is offline  
Old 04-26-2019, 10:56 AM
  #40  
AudiWorld Member
 
Join Date: Apr 2000
Location: Orange County, CA
Posts: 143
Default

Originally Posted by AudiFan02 View Post
Thanks for the info. Did your dealer mention if AFS was passing the $7,500 tax credit on as an incentive for leases?
The dealer claimed AFS will pass on the Federal Tax Credit as a cap reduction.
Francis Y. is offline  

Thread Tools
Search this Thread
Quick Reply: Cap Cost, Residual Percentage and Money Factor


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: