DMcDnald

Good question and that remains to be determined. Audi should be able to knock the $7500 credit off the lease price. I would guess a total lease cost of less than 50% of the total cost, so maybe $35000-$38000? How much you put down plus the monthly cost would add up to that. Perhaps others will weigh in.

1st Audi Owner

You do not necessarily have to lose the $7,500.00 Federal tax credit. Audi Financial can reduce the capitalized cost of the vehicle by the full amount of the tax credit.

The residual percentage is the next item of concern over which Audi Financial has control. A residual of 58% would be excellent, but probably not realistic. The higher the residual percentage, the better.

Money factor is next item to discuss with the dealer--the lower the better. It is figured by dividing the APR of the interest rate by 2400. For example, an APR of 6% is a money factor of .0025. This is also negotiable with the dealer.

Capitalized cost - the lower the better. Residual percentage - the higher the better. Money factor - the lower the better.

1st Audi Owner

Also, very important. A dealer should not ask you "how much can you afford to spend each month." That would be like letting the tail wag the dog. First things first is to establish the capitalized cost of the vehicle. This is accomplished in several ways. In the case of the e-tron, by applying the Federal tax credit. Then, there may be dealer or Audi incentives such as loyalty money for returning lessees that can be used to reduce the capitalized cost. Occasionally, a manufacturer will have money for someone who currently leases or owns a vehicle made by the competition.

The capitalized cost of the vehicle needs to be established before anything else is discussed. Before residual -- before money factor -- before term of the lease.

Trade-ins should be the last item discussed. Make your best deal and only then discuss the value of a trade-in, if any. The value of a trade-in should have no bearing on a properly- negotiated deal.

02allrd

From the DailyMail, Great Britain:

‘Electric and hybrid vehicles have some of the strongest residuals across many segments, with models like the new Audi E-tron, Porsche Cayenne E-Hybrid and Toyota RAV4 all retaining more than 63 per cent of their purchase value after three years and 30,000 miles in specific trim configurations.'

e-tronDriver

If I want to pay the entire lease upfront, I assume that would take the money factor out of the equation? Is this done often?

1st Audi Owner

"From the DailyMail, Great Britain:

‘Electric and hybrid vehicles have some of the strongest residuals across many segments, with models like the new Audi E-tron, Porsche Cayenne E-Hybrid and Toyota RAV4 all retaining more than 63 per cent of their purchase value after three years and 30,000 miles in specific trim configurations.'

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I surely may be wrong, but from reading our fellow-posters concerns, the opinion of the Daily Mail seems way off base. With the number of competing vehicles exploding and the technology advancing by the minute, what is state-of-the-art today may be obsolete next year. Battery technology is just one example. Can solid state batteries be far off? Let's see what Audi offers as a residual on the e-tron.

1st Audi Owner

I believe that money factor is always in play. Even if you pay the full value of the lease up front what you will save is a relatively small amount of interest owing to the payments not being spread over time. I believe that when you compare the total of the individual monthly payments to the amount of the single payment, the savings will not be significant. Also keep in mind that by making a single payment you have given up the earning power potential of the large sum of money you just gave Audi.

02allrd

Should have attributed quote to whatcar.com. DaiyMail was citing an article on that site titled “The Ten Slowest-Depreciating Cars 2019.” It appears e tron’s are on offer from dealers in GB, so 63% residual may be real - for GB anyway.

GiftCard

I was told that for a 24 month lease the residual is 62%. Not too good....

theo1000

Part of what depreciated the I3/Leaf was the odd form factor and with the leaf the lack of liquid cooling battery degradation.

Etron is liquid cooled and the most popular form factor. It is more likely hold its value a lot better.