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  #1  
Old 03-15-2009, 06:14 PM
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Default Leasing help

Hey there. I have an offer from my local dealer for a 09 Avant Premium Plus Sport in Ibis White. I qualify for the loyalty ($750) bonus, as I am turning in my 07 Avant S-Line Titanium. The new deal is 36 months @ $664 per month, 15k miles/month, $1600 down. This payment is $45 more than my 24 month lease on my fully loaded S-Line Titanium Edition. I lose a lot of features in the bargain as well-especially Navi.
I have been told Audi residuals are not the best, and also am aware of the fact that leasing is not the deal it once was. That being said, has anyone received a deal or leased a similar Avant of late, and if so, how did you do?
 
  #2  
Old 03-15-2009, 09:07 PM
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What's the MSRP on the car you're looking to lease?
 
  #3  
Old 03-15-2009, 09:35 PM
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$41,500.00
 
  #4  
Old 03-15-2009, 10:54 PM
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I just leased an 2009 A4 convertible. Including options the MSRP is $46,575. I put $1400 upfront and am paying $674/month for 36 months on 15K/month lease.

So while it sounds like you could do much better with your deal, keep in mind that Audi may be trying to unload the convertibles since this is the last year this model will be made.

Did they tell you the money factor on the lease?
 
  #5  
Old 03-15-2009, 10:59 PM
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No, but I will find out tomorrow.
 
  #6  
Old 03-17-2009, 07:03 PM
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I took my 2009 A4 with Prestige package at MSRP of $44,250 with 15,000mi/yr, $4000 drive off for $479 + tax.

I have a leasing calculator here, if you give me the money factor, and residual value (you can get these numbers from a willing dealer), I can calculate what your monthly payments would come out to if you can get the car at invoice.
 
  #7  
Old 03-17-2009, 07:11 PM
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Back in Nov, when I got the money factor and residual for my car it use to be...
Residual = 50%
Money Factor = 0.00171

Using those number, you dealer is taking advantage of you. My number came out to be $664/mo including the sales Tax (I used CA sales tax of 8.25%).

That means that the only discount you are getting is the $750. When I got my car I got it for $3500 off MSRP. My advice to you is to try harder. $750 discount in today's economy is a joke.
 
  #8  
Old 03-17-2009, 07:47 PM
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Pazo, the Avant Prestige Plus residual @ 15k miles/year is a claimed 48%, and my money factor is .00143. Thanks for the help.
 
  #9  
Old 03-18-2009, 11:37 AM
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I plugged in your numbers. You are currently getting $618.64 + tax. According to CA tax that's $669.67 before 4/1/09. Then the sales tax jumps by 1%.

Also, I plugged in a couple scenarios, using the numbers you provided. I would consider a good deal would be $3000 off MSRP including the $750 loyalty. In today's economy, that's not too much to ask for. I think that would be right at invoice, or maybe a little below. So, if you would get the car at $3000 below MSRP, you monthly would be $552.92 + tax. Just multiply $552.92 * (your State's sales tax).
 
  #10  
Old 04-03-2009, 01:53 AM
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whatever you do, make sure you negotiate with them to include AudiCare option free of charge. Leased vehicles no longer have free maintenance.
 
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