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2013 Audi S4 lease. Please advise.

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Old Jun 12, 2012 | 06:13 AM
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Default 2013 Audi S4 lease. Please advise.

Hello. I'm looking to do a lease on a 2013 Audi S4 from NJ. Below are the terms offered by the dealer. He said I can do 9 security deposits to lower down the interests. I'm sure going to do that. Please advise to see if this is a good deal. Thanks so much. =)

msrp 53795
invoice 50593
42 months
residual 56%
money factor 0.00191
tax 8.875
doc fee 299
bank fee 695

monthly payment 619.38
down payment 5000

Year 2013
Audi S4

base price 45570
destination charge 895
sport differentialy 1163
fine leather 1163
b&0 791
advanced key 511
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Old Jun 12, 2012 | 06:47 AM
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Hello. I forgot some details. $50593 is the selling price after bargain. 15000 miles a year. Thanks.
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Old Jun 12, 2012 | 08:08 AM
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Not Sure about the rest but I believe I saw online that the money factor is supposed to be 0.00141 (so slight fluff there). Dealers are not supposed to do that.
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Old Jun 12, 2012 | 06:33 PM
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From ridewithG.com:
2013 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 56% of MSRP (15k miles) – .00141 Base Rate

Is that 0.00191 before or after deposits and lowered MF? Sounds phoney. FWIW, my dealer won't even give me the MF in negotiations at this point. They just say "around 4.5%" so clearly they're marking it up.

I was quoted the 4.5%, residual 54% (42 months) or 58% (36 months) and $1000 over invoice. I told them straight up I wouldn't pay more than $1k over invoice. Maybe that's why it seems my MF is inflated.
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Old Jun 12, 2012 | 06:36 PM
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Nice to see the strong residuals continue; even though I own my S4.
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Old Jun 13, 2012 | 06:15 AM
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Originally Posted by Transfer
From ridewithG.com:
2013 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 56% of MSRP (15k miles) – .00141 Base Rate

Is that 0.00191 before or after deposits and lowered MF? Sounds phoney. FWIW, my dealer won't even give me the MF in negotiations at this point. They just say "around 4.5%" so clearly they're marking it up.

I was quoted the 4.5%, residual 54% (42 months) or 58% (36 months) and $1000 over invoice. I told them straight up I wouldn't pay more than $1k over invoice. Maybe that's why it seems my MF is inflated.
Hello. How accurate is the website ridewithg.com? Is it 15000 miles for 36 months with the residual of 56%? Thanks.
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Old Jun 13, 2012 | 07:33 AM
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Why would you put $5,000 down on a car you are leasing? Is the $5,000 the security deposit or just cap reduction?
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Old Jun 13, 2012 | 05:29 PM
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From what I can tell, ridewithG.com is accurate. The residuals he posts are for 15k miles and if you scroll to the bottom it says how to adjust for 12k and 10k miles.

I emailed my salesman today asked for detailed numbers the account for every cost. He said he'd get it to me tomorrow. We shall see!
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Old Jun 14, 2012 | 06:46 AM
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Hello guys. So according to the website ridewithg, 36 months money factor is 0.00141. My dealer is asking for 42 months with 0.00191. That's a big difference. So is he marking it up for profits or should I go to other dealers? Thanks.

http://www.ridewithg.com/index.php/2...tes-june-2012/

2013 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00141 Base Rate - 15000 miles
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Old Jun 14, 2012 | 07:12 AM
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Guys, if you are in South Florida and are interested in buying any Audi let me know and I will point you to my contact at The Collection of Coral Gables to help you out.

I will personally call him and send over the referral; they are NO BS with pricing. I have purchased plenty from them and every time I go back and price shop the vehicle they have never been beat. Besides the fact it is a great shopping experience and a beautiful dealership.

PM if you are interested.
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