Audi has a lease special, but....

[Bye Bye M]

I'm on the AudiUSA website and they have a lease special going for the 2005 S4s. Heres a quick rundown:

42-month lease
3,794$ down payment
499$ a month

Rate based on $50,020.00 MSRP of 2005 Audi S4 sedan with 6-speed automatic transmission with tiptronic and quattro® all-wheel drive including Premium pkg., Metallic/Pearl effect paint, Northeast Emissions, and destination charge.


500$ a month rocks, but I think 42months is a bit too long for me. I know by 2 years I will want to get rid of the car for something else, thats just how I am. Also, the S4 of my choice would be cheaper because I would get it in Brilliant Red (w/o metallic/pearl effect paint), and a 6-speed manual transmission which doesnt hike the cost of the car.

I was wondering if it was possible to get the car I want for a less amount of time, and have somewhat of the same monthly payment. If its possible, how much extra would I have to put down to still get it for 500$/mo. Can this even be done? Thanks

[TxShepS4]

Don't think you would get all of the incentives if you changed the lease term.

Another thing to think about is that if you get the manual you have to pay $1,700 for gas guzzler (can't be residualized) or you can get the tiptronic for appx. $1,700 more than the manual and residualize this incremental cost.

[trovan]

i think when you change the terms (months), the dealer won't get all the incentives to sell it to you for that rate. but you can always bargain for more miles, and less down...

[TxShepS4]

The bottom line, no matter how you finance it, if you are going to keep it for a year or two, it's simply a matter of timing of your cash outflows. Look at what old S4 (B6's, though) are going for on E-bay and get an idea of what you will be able to sell it for when you exit. Then, you can decide pay small payments now and take a bigger hit when you sell, or larger payments as you go and little-to-no hit when you seel in a year or two.

With the lease, though, you can get them to throw in tax credits and as long as you don't buy the car out of the lease or, in other words, as long as you sell the car to someone else, you will save in taxes and finance the thing at 1.68% during the year or two you are enjoying it.

I hear you on changing cars, I typically won't do leases either but the amount of money you end up paying for the car while you hold it is the same at the end of the day--you just have to figure out if it makes sense to front-end or back-end load it. Hell, I probably won't even have my car in 6 months either. I've got a bad sickness of buying/selling cars.

[Miguel]

$499 is what the axes that you have to pay....I just got back from the dealership and picked one up.

my Payment is $540 though with taxes...

MSRP was 51800....got them to bring it down $1k....

Nagaro blue is what we got...

Car is awsome....

this car is as fun as my Z06

[Gzo17]

Originally posted by Miguel
$499 is what the axes that you have to pay....I just got back from the dealership and picked one up.

my Payment is $540 though with taxes...

MSRP was 51800....got them to bring it down $1k....

Nagaro blue is what we got...

Car is awsome....

this car is as fun as my Z06

How much did u put down?? and how many miles/year are u getting??

[TxShepS4]

Motor vehicle tax rates in Florida are 6% (you pay 6% on the actual sales price of the vehicle, not MSRP, less any allowance for trade). In addition you will have to pay a gas guzzler tax of appx. $1,700 (a federal thing) on a manual.

If you do their lease program, they should have tax credits, which should take care of most of your taxes on the sale of your vehicle. Typically, you will have to pay what is called a Members and Lenders fee of 1.00-1.25% of the vehicle selling price to get these credits. For me in Texas, my sales tax rate on cars is 6.25% and I pay 1.25% Members and Lenders 'fee', so with tax credits I am effectively only paying 1.25% tax rate. So, on a car that I buy for $51,750 I would pay $647 in taxes (1.25%) versus the normal $3,234 (6.25%).

Again though, if you buy a manual you will have to pay $1,700 which cannot be residualized, which basically means if you don't pay it up front that money is spread amongs all of your lease payments (+ interest on that amount of course)---if you buy an automatick which is approximately $1,700 more expensive you come out ahead because you can residualize that incremental cost. On a 42-month lease with, say, a 54% residual; although you are paying $1,700 more for the car you are only having to pay for $782 of that amount ((100%-54%)*$1,700) (+interest too, though).

Hope that helps.

FYI, I did Audi's special lease and the MSRP on my car was around $51,750....I put down first month's payment ONLY and my payments are $605/month.

[TxShepS4]

...and I rolled in the gas guzzler tax (I bought a 6-speed).

[jones3000]

Look for that payment to almost double if you go 24 months on that lease. Audi puts the specials on 39, 42, and 48 month leases.

[Miguel]

Originally posted by Gzo17
How much did u put down?? and how many miles/year are u getting??

the cap reduction was $6300.......15k miles

[MidlifeMN]

Could you explain the member's and lender's fee. Is this a common practice in which dealers offer this to reduce the taxes paid or does the consumer have to bring this up? I'm considering the special lease on the S4.

[Crazy Quattro]

Hey frankie! [:D]


<-- crazybimmer

[TxShepS4]

Members and Lenders fee is just something they charge if you are trying to get tax credits. If you are not trying to get tax credits (ie, if you are in a state that doesn't charge sales tax on cars), then you don't have to worry about it. Otherwise, it is just a fee you pay to get the benefit of the tax credit. In Texas, where the sales tax rate is 6.25% the Members and Lenders fee is 1.25%--so you can really just think of it in terms of paying 1.25% to avoid paying 6.25%. Again, though, if you talk to your dealer about tax credits, just ask what the 'fee' (Members and Lenders fee) is to get the tax credits.

[t&a]

Originally posted by Bye Bye M
I'm on the AudiUSA website and they have a lease special going for the 2005 S4s. Heres a quick rundown:

42-month lease
3,794$ down payment
499$ a month

Rate based on $50,020.00 MSRP of 2005 Audi S4 sedan with 6-speed automatic transmission with tiptronic and quattro® all-wheel drive including Premium pkg., Metallic/Pearl effect paint, Northeast Emissions, and destination charge.


500$ a month rocks, but I think 42months is a bit too long for me. I know by 2 years I will want to get rid of the car for something else, thats just how I am. Also, the S4 of my choice would be cheaper because I would get it in Brilliant Red (w/o metallic/pearl effect paint), and a 6-speed manual transmission which doesnt hike the cost of the car.

I was wondering if it was possible to get the car I want for a less amount of time, and have somewhat of the same monthly payment. If its possible, how much extra would I have to put down to still get it for 500$/mo. Can this even be done? Thanks

dude you have a E46 M3 right? if so why are you thinking about getting a b6 s4 then?