Talking lease with the dealer (which will remain unnamed to protect the innocent)
#1
Talking lease with the dealer (which will remain unnamed to protect the innocent)
08 Audi RS4 - Daytona Gray - Premium Package
Deliver next Weekend
Money Factor .00375
36 Month Lease
12,000 miles per year (25 cents per mile for overage)
Purchase Price: $71,785 (Includes a 2k discount - retail is $73,785)
Residual: 46%
Money Factor: .00375
Residual Cost to Purchase (Calculated off retail): $39,843.
I will be doing a lease but am wondering what rates other people have gotten and who they have used to lease their RS4 - any other comments.
Please save the "Don't lease" comments as it does make sense for me to do it this way for tax purposes
Deliver next Weekend
Money Factor .00375
36 Month Lease
12,000 miles per year (25 cents per mile for overage)
Purchase Price: $71,785 (Includes a 2k discount - retail is $73,785)
Residual: 46%
Money Factor: .00375
Residual Cost to Purchase (Calculated off retail): $39,843.
I will be doing a lease but am wondering what rates other people have gotten and who they have used to lease their RS4 - any other comments.
Please save the "Don't lease" comments as it does make sense for me to do it this way for tax purposes
#2
AudiWorld Super User
There haven't been many recent leases here.
Bob W and I leased about 16 months ago. I looks like the residuals have fallen and the monthly payments have gone up about $150/mo since then. Some had good luck with leasecompare.com, but they no longer list the RS4. There is some general lease info in my sig that may or may not be helpful to you.
If you want to purchase the car at lease end, the AFS offer doesn't seem too bad (low residual). If you are going to turn the car in, I would shop around and look for a better monthly payment. Assuming good credit, you should be able to find something in the $1300/mo range with your $2000 cap cost reduction.
If you want to purchase the car at lease end, the AFS offer doesn't seem too bad (low residual). If you are going to turn the car in, I would shop around and look for a better monthly payment. Assuming good credit, you should be able to find something in the $1300/mo range with your $2000 cap cost reduction.
#3
2nd...definitely shop around, but....
...the dealer *might* not be willing to give you the car at that price if you don't use AFS for financing....and they might be less willing to give you free Audi Care or other freebies.
#4
Money factor
I got a .00237 money factor on a lease quote, supposedly you multiply that by 2400 for the true interest rate. Lease terms similar to yours, 12k miles, 36 months, residual $38.5k, zero down.
#5
AudiWorld Senior Member
Join Date: May 2006
Location: N.O.
Posts: 1,943
Likes: 0
Received 0 Likes
on
0 Posts
Lease numbers for RS4 Oct 2007..............
This is a 2008 Audi RS4 w Prem Pack and rear side air bags.
Deal Number: 1 16) Initial Cap Cost: $ 71,140.26
1) Contract Date: 10/04/07 17) Total Insurance: $ 590.00
2) Stock Number: 8RS4
3) Term: 36 Total Cap Reduction:
4) First Payment Date: 11/03/07 18) Total Trade Allow:
5) Lease Institution: VCI Adjusted Cap Cost: $ 72,305.26
6) M.S.R.P.: $ 72,035.00 19) Total Working Cash:
7) Add To MSRP W/Markup: Base Monthly Rental: $ 1,292.87
8) L.E.V.%: 52.00% 20) Security Deposit:
9) Mileage Penalty: 21) Total Annual Fees: $ 153.50
10) Lease-end Value: $ 37,458.20 22) Total Initial Fees: $ 62.50
11) Total Add Cap Cost: $ 575.00
12) Customer Cash Down:
13) Cash Cap Reduction: 23) Amount Due At Start: $ 1,622.00
14) Total Sales Tax: $ 4,072.68
15) Money Fact Sell Rate: 0.00296 24) Total Monthly Payment: $ 1,406.00
There would also probably be a Security Deposit but AFS might waive that.
Deal Number: 1 16) Initial Cap Cost: $ 71,140.26
1) Contract Date: 10/04/07 17) Total Insurance: $ 590.00
2) Stock Number: 8RS4
3) Term: 36 Total Cap Reduction:
4) First Payment Date: 11/03/07 18) Total Trade Allow:
5) Lease Institution: VCI Adjusted Cap Cost: $ 72,305.26
6) M.S.R.P.: $ 72,035.00 19) Total Working Cash:
7) Add To MSRP W/Markup: Base Monthly Rental: $ 1,292.87
8) L.E.V.%: 52.00% 20) Security Deposit:
9) Mileage Penalty: 21) Total Annual Fees: $ 153.50
10) Lease-end Value: $ 37,458.20 22) Total Initial Fees: $ 62.50
11) Total Add Cap Cost: $ 575.00
12) Customer Cash Down:
13) Cash Cap Reduction: 23) Amount Due At Start: $ 1,622.00
14) Total Sales Tax: $ 4,072.68
15) Money Fact Sell Rate: 0.00296 24) Total Monthly Payment: $ 1,406.00
There would also probably be a Security Deposit but AFS might waive that.
#6
Re: Talking lease with the dealer (which will remain unnamed to protect the innocent)
As an aside you guys in the states are really lucky in terms of buying power: I paid $100k for my RS4 here in South Africa.
Thread
Thread Starter
Forum
Replies
Last Post
sparkhill
RS4 (B7 Platform) Discussion
21
06-04-2006 11:55 AM
nemesisa6
A4 (B7 Platform) Discussion
8
04-19-2006 06:36 AM