How does this lease deal sound?
Thread Starter
AudiWorld Super User
Joined: Dec 2001
Posts: 5,253
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How does this lease deal sound?
Selling price of car = 500 below invoice, approx $46750
Residual = 54%
Length/mileage = 36 months / 15k a year
Payments= approx 615 a month + local taxes
Approx 1840 due at signing including first month payment, security deposit, and all other fees
Money factor is .0008 I think? It's .00065, but when you add in security deposit they said it's comes out this way?
Any thoughts? What does it take to get the security deposit waived?
Residual = 54%
Length/mileage = 36 months / 15k a year
Payments= approx 615 a month + local taxes
Approx 1840 due at signing including first month payment, security deposit, and all other fees
Money factor is .0008 I think? It's .00065, but when you add in security deposit they said it's comes out this way?
Any thoughts? What does it take to get the security deposit waived?
Audiworld Junior Member
Joined: Feb 2005
Posts: 38
Likes: 0
for a 05' that's a nice cap cost. the sec dep thing doesn't sound right....
If you loose the sec dep they would want it back by increasing the mf. So are you saying the .00065 MF factors giving them the sec dep ?
By the way what was msrp ? stick or auto ?
By the way what was msrp ? stick or auto ?
Thread Starter
AudiWorld Super User
Joined: Dec 2001
Posts: 5,253
Likes: 0
2005, 6-speed, MSRP is 50920
I think the deal is that a .00065 MF + security deposit comes out to be the same as if it was .0008 + no security deposit.
I am in the first situation, .00065 + security deposit, but was wondering if that could be waived and just pay a .00065 MF and no security deposit.
The dealer says Audi only waives it for returning customers in the last 6-months, my last Audi was sold in June 2003, though.
I am in the first situation, .00065 + security deposit, but was wondering if that could be waived and just pay a .00065 MF and no security deposit.
The dealer says Audi only waives it for returning customers in the last 6-months, my last Audi was sold in June 2003, though.
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