is this a good lease offer?
#1
is this a good lease offer?
audi 3.2 TT Quattro
alcantara
bixenon
ipod
bluetooth
18" 10 spoke rims
6MT
MSRP: 44575
Offered Sale Price: 43000
Lease:
No money down.
2205 for fees
730.88/mo x 36 months
this comes to total of 26,311
depreciation = 21,396
difference= 26,311-21,396 = 4915
subtract tax from the difference: 4915-1315= 3599
So the dealer makes 3599 off this lease. they tell me invoice is 41K so if i bought the car, they would profit 2000. by leasing they make 1599 more over the 3 years.
is this a good deal?
alcantara
bixenon
ipod
bluetooth
18" 10 spoke rims
6MT
MSRP: 44575
Offered Sale Price: 43000
Lease:
No money down.
2205 for fees
730.88/mo x 36 months
this comes to total of 26,311
depreciation = 21,396
difference= 26,311-21,396 = 4915
subtract tax from the difference: 4915-1315= 3599
So the dealer makes 3599 off this lease. they tell me invoice is 41K so if i bought the car, they would profit 2000. by leasing they make 1599 more over the 3 years.
is this a good deal?
#2
I would say no - I visited the stealer last night to price up an order
Priced out an order on a loaded 2.0T S-Line - everything but nav. Dealer offered me $500 over invoice, lease came out to $580/mo + tax with around 1K due at signing - 1st month, fees and zero down. 36 mo 15K/yr
Also they told me they can lock in the lease MF and residual for an order up to a certain % so you are protected against the rate going up - I think my MF was .00109 and they would lock it in up to 0.00200 - haven't heard of that before...not sure if it's an Audi thing or just what my dealer offers.
Think I'm going to take the plunge and order today - sounds like as good a deal as I'm going to get..
I think you can get a better deal on the base price than 2K over invoice.
Also they told me they can lock in the lease MF and residual for an order up to a certain % so you are protected against the rate going up - I think my MF was .00109 and they would lock it in up to 0.00200 - haven't heard of that before...not sure if it's an Audi thing or just what my dealer offers.
Think I'm going to take the plunge and order today - sounds like as good a deal as I'm going to get..
I think you can get a better deal on the base price than 2K over invoice.
#3
#1, Cap cost is too high. #2, Get the money factor and residual being used.
Anything short of a 5% discount ($42,346 in your case) is not a good deal.
You're not mentioning miles, so I can't give you lease numbers. Get the money factor and residual they're using and post again.
You're not mentioning miles, so I can't give you lease numbers. Get the money factor and residual they're using and post again.
#4
no it's not. Walk immediately...
I was able to get just ~$400 over invoice. Negotiate til they come down significantly, if not, walk out their door into another dealerships.
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