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  1. #1
    Veteran Member Four Rings nick71692's Avatar
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    Leasing a new r8

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    My local dealer has an R8 that someone backed out of. The msrp is 128K. I am looking to lease this vehicle, and am looking to compared prices to anyone that has leased this vehicle. All leases are for 15k
    24months: 3200
    36months: 2800
    48 months: 2600

    Seems a little high to me, my guess is the residual factor is not very good.
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  2. #2
    Veteran Member Four Rings fusionx's Avatar
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    Re: Leasing a new r8

    36 months ftw

    does seem a little high but im not really familiar with r8 leasing
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  3. #3
    Senior Member Three Rings zbrock06's Avatar
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    Re: Leasing a new r8

    if your lease is 2600/month for 48 months you should just buy it.
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  4. #4
    Veteran Member Four Rings 2001A6's Avatar
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    Re: Leasing a new r8

    I didnt think they would lease a R8 period... WOW!
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  5. #5
    Veteran Member Four Rings Sharkfin's Avatar
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    Re: Leasing a new r8

    ^neither did I, once you hit 15k the service charge is unreal and the clutch normally goes by 20k

  6. #6
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    Re: Leasing a new r8

    Quote Originally Posted by nick71692 View Post
    My local dealer has an R8 that someone backed out of. The msrp is 128K. I am looking to lease this vehicle, and am looking to compared prices to anyone that has leased this vehicle. All leases are for 15k
    24months: 3200
    36months: 2800
    48 months: 2600

    Seems a little high to me, my guess is the residual factor is not very good.
    worst deals ever

    they assume residual (on a $130,000 car as a guess) will be something like 50,000 after 3 years. This is based on quick math. If you're paying too much in lease payments, you'd be a fool to walk away, thus will just have to buy it anyway. This is because you've paid more than depreciation/interest...and will be walking away on your equity in the car.

    that's not even close. Those leases are designed to make you buy the car. They don't want anyone returning an R8 after a lease.

  7. #7
    Registered User Four Rings OEMplus.com's Avatar
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    Re: Leasing a new r8

    Sakimano is right. I've spoken to the Audi folks and the R8 lease rates are intentionally terrible. They really want folks to buy them...

  8. #8
    Active Member Two Rings 09R8's Avatar
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    Re: Leasing a new r8

    not worth it to lease unless you're writing the car off for business.
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  9. #9
    Veteran Member Four Rings
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    Re: Leasing a new r8

    I don't know who you were quoted through in terms of leasing companies but Audi only lets you lease up to 10k then you have to buy the extra miles up front.

  10. #10
    Veteran Member Four Rings a4dc89's Avatar
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    Re: Leasing a new r8

    just buy it, if you cant afford it then you just cant. i know i couldnt
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  11. #11
    Veteran Member Four Rings yung turbo's Avatar
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    Re: Leasing a new r8

    1-why would you lease a r8?
    2-why would you lease a r8?
    3-why would you LEASE a R8?
    why not buy a S5, S6, S8, RS6
    or lease a A8 or A8L W12
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  12. #12
    Veteran Member Three Rings djez016's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by yung turbo View Post
    1-why would you lease a r8?
    2-why would you lease a r8?
    3-why would you LEASE a R8?
    why not buy a S5, S6, S8, RS6
    or lease a A8 or A8L W12
    1- its an r8
    2- its an r8
    3- its an R8

    lol yea those other cars are nice but its not an r8lol
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  13. #13
    Veteran Member Four Rings slimmj0k3r's Avatar
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    Re: Leasing a new r8

    if you've got the bank for it, hell why not

  14. #14
    Registered Member Four Rings
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    Re: Leasing a new r8

    Going from an A4 to an R8, impressive.

  15. #15
    Veteran Member Four Rings aaron1085's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by nsmith12 View Post
    ^neither did I, once you hit 15k the service charge is unreal and the clutch normally goes by 20k
    extra weak clutch in the R8??

  16. #16
    Veteran Member Four Rings Sharkfin's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by aaron1085 View Post
    extra weak clutch in the R8??
    I guess you could say weak, I just know from others experience that if you drive it like its meant to be driven, the clutch is going sooner than you would like. At each service they give you a rating on your clutch wear.

  17. #17
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    Re: Leasing a new r8

    Quote Originally Posted by Sharkfin View Post
    I guess you could say weak, I just know from others experience that if you drive it like its meant to be driven, the clutch is going sooner than you would like. At each service they give you a rating on your clutch wear.
    How do they manage that, unless they drop the tranny every time? Pedal pressure? I'm assuming its a hydraulic system.

    If they drop the tranny each service then I now understand the ridiculous costs haha.

  18. #18
    Veteran Member Four Rings Sharkfin's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by MikeWasHere05 View Post
    How do they manage that, unless they drop the tranny every time? Pedal pressure? I'm assuming its a hydraulic system.

    If they drop the tranny each service then I now understand the ridiculous costs haha.
    You mean the wear rating? I'm not sure if its a physical check or a electrical one.

  19. #19
    Veteran Member Four Rings Audi Skate Snow's Avatar
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    Re: Leasing a new r8

    if you lease this car your an idiot
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  20. #20
    Senior Member Three Rings slakr4's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by 09R8 View Post
    not worth it to lease unless you're writing the car off for business.
    you can still write off a portion of the car for business if you buy it as well
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  21. #21
    Account Terminated Four Rings
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    Re: Leasing a new r8

    I would lease an rs4.. or hell go ballsy and lease an rs6

  22. #22
    Established Member Two Rings jonmiles's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by slakr4 View Post
    you can still write off a portion of the car for business if you buy it as well
    The write off is capped at a pretty low number in most states.


    Those lease numbers are actually on the agressive side from the dealership's perspective. They could charge you a little more if they wanted to.
    Audi Sales

  23. #23
    Established Member Two Rings
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    Re: Leasing a new r8

    The prices I found were a little higher... http://www.globalautosports.com/inde...came_from=make
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  24. #24
    Active Member Two Rings 09R8's Avatar
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    Re: Leasing a new r8

    out of curiosity, what is the money factor? The numbers seem pretty high. The only way it would make sense is if the mf is 0.004, which is about 9.6%!
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  25. #25
    Veteran Member Four Rings channad's Avatar
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    Re: Leasing a new r8

    wow, that's insane...$2600 a month?! Wow!
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  26. #26
    Senior Member Three Rings ChampionV63.2's Avatar
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    Re: Leasing a new r8

    Quote Originally Posted by nick71692 View Post
    My local dealer has an R8 that someone backed out of. The msrp is 128K. I am looking to lease this vehicle, and am looking to compared prices to anyone that has leased this vehicle. All leases are for 15k
    24months: 3200
    36months: 2800
    48 months: 2600

    Seems a little high to me, my guess is the residual factor is not very good.
    BUY the car, Audi does not even offer a 15k lease so you have inaccurate information. It is only a 10k lease and the over mileage is $1.00 per mile. The money factor is .00385 so you are much bettter of buying the car. I did a 36 month lease for a customer and he was paying more than the MSRP for the term of the lease. Retarded
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  27. #27
    Veteran Member Four Rings
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    Re: Leasing a new r8

    im going from an A4 to an S5 lol
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  28. #28
    Stage 3 Forum Advertiser Four Rings
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    Re: Leasing a new r8

    Quote Originally Posted by ChampionV63.2 View Post
    BUY the car, Audi does not even offer a 15k lease so you have inaccurate information. It is only a 10k lease and the over mileage is $1.00 per mile. The money factor is .00385 so you are much bettter of buying the car. I did a 36 month lease for a customer and he was paying more than the MSRP for the term of the lease. Retarded
    Thats so stupid its funny HAHA... Assuming an R8 is $140k after taxes (looking on eBay it seems doable) a 48 month loan at 5% comes out to $3200 per month. I'm guessing the lease price is so silly due to Audi not knowing the residuals.

  29. #29
    Senior Member Three Rings ChampionV63.2's Avatar
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    Re: Leasing a new r8

    No its just Audi has no interest in leasing the vehicle so there is no special program. Almost every R8 buyer is a cash buyer so Audi just has a standard finance and lease program on the car. It sells without incentives. Oh btw, I fucked up the overmileage is 1.25 per mile!
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  30. #30
    Stage 3 Forum Advertiser Four Rings
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    Re: Leasing a new r8

    Quote Originally Posted by ChampionV63.2 View Post
    No its just Audi has no interest in leasing the vehicle so there is no special program. Almost every R8 buyer is a cash buyer so Audi just has a standard finance and lease program on the car. It sells without incentives. Oh btw, I fucked up the overmileage is 1.25 per mile!
    Whats more disturbing is that if someone is willing to dish out $3k a month for a car, they must be making good money, and so it kind of discounts the fact that the buyer is an idiot LOL. Unless it is a "corporate incentive" which gives an allowance to LEASE but not to buy, maybe thats how its done. No shortage of money i guess . Either way, it contributes to your sales performance which is excellent for you!

  31. #31
    Stage 3 Forum Advertiser Four Rings
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    Re: Leasing a new r8

    Thinking about this again - I have a friend who owns a pre-owned car dealership who wants an R8. But, buying new, cash, requires him to pay sales tax. So his plan was to, lease for a month (pay the month's lease payment + sales tax) and write a check in full to the leasing company to get the title. At the end, he has only paid tax for $3k. instead of $130k.

  32. #32
    Veteran Member Four Rings chrissurfr's Avatar
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    Re: Leasing a new r8

    ^great way to get audited really fast
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  33. #33
    Stage 3 Forum Advertiser Four Rings
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    Re: Leasing a new r8

    ^^ Actually its a perfect legitimate way of acquiring vehicles so long as the MFR's don't have a buy-out clause with the contract.

    CA law states used car dealers cannot buy inventory from new car dealers tax free.

    On top of that, sales tax is only applied to that month's lease payment.

    Lastly, the kicker, I guess, is that, if you lease a new car from the dealer, drive it 5 miles to your own showroom, buy out the lease and get the title, the car is no longer classified as a "New Car", its now "Pre-Owned". In either case it sounds like shady business because the intent was not to use the lease to its full term. A couple of years back, there were domestic dealerships who offered $5k discount on vehicles so long as we do the financing thru the dealership at 8-9%. Needless to say after two months, people were refi'ing the loan away. Buying cars is a love-hate relationship I guess

  34. #34
    Veteran Member Four Rings Hockenheim's Avatar
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    Re: Leasing a new r8

    leasing a supercar is lose,

  35. #35
    Senior Member Three Rings ChampionV63.2's Avatar
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    Question Re: Leasing a new r8

    Quote Originally Posted by Peter@VMRWheels View Post
    ^^ Actually its a perfect legitimate way of acquiring vehicles so long as the MFR's don't have a buy-out clause with the contract.

    CA law states used car dealers cannot buy inventory from new car dealers tax free.

    On top of that, sales tax is only applied to that month's lease payment.

    Lastly, the kicker, I guess, is that, if you lease a new car from the dealer, drive it 5 miles to your own showroom, buy out the lease and get the title, the car is no longer classified as a "New Car", its now "Pre-Owned". In either case it sounds like shady business because the intent was not to use the lease to its full term. A couple of years back, there were domestic dealerships who offered $5k discount on vehicles so long as we do the financing thru the dealership at 8-9%. Needless to say after two months, people were refi'ing the loan away. Buying cars is a love-hate relationship I guess

    With all the pre-payment penalties involved in leasing and the high money factor through Audi is it mathematically impossible to pay less for the car by buying the lease out versus buying the car originally and paying the sales tax! I have had people try the math on cars before that had much lower money factors and it mad no sense. How could it possibly work on a car that your paying about 10% interest? Why doesn't your friend by the R8 from a dealer outside of California? I can sell to dealer's tax free as long as buyer provides dealer license and tax-exempt status.
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  36. #36
    Registered Member One Ring
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    Re: Leasing a new r8

    whats wrong with leasing an R8?

    in the uk you can contract hire (lease) an r8 for 3 years, tax included, and for a little extra you can tick the "maintained" option which covers tyres and general maintainance.

    besides this, after three years, you can do exactly the same again and get a second brand new r8. you wont be constantly looking at your miles thinking that your driving your £100k to its death because in 3 years you will have another one to drive.

    peace of mind in an RRR EIGHT? worth every penny, thats why im doing it when i leave uni. ha.

  37. #37
    Veteran Member Three Rings
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    Re: Leasing a new r8

    and whats the insurance like for a R8?

  38. #38
    Registered Member One Ring
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    Re: Leasing a new r8

    not astronomical

    ALL the quotes ive recieved so far have been about the same as the quote i got on my astra when i first started driving. £1.5k, could always be a second driver on your grandads insurance? 30 years no claims?

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