Lease #'s on 2016 left over

[jzinckgra]

I'm about to pull trigger on used 2014, but wanted to look at lease as well. Currently coming off 2013 A4 so familiar with leasing. S4 P+ with sports diff, adaptive susp, 19" rims, but no NAV or B&O. The offer:

The MSRP is $56,280. 10% off for a selling price of $50,562, plus an additional loyalty discount of $1,000. for a selling price of $49,562.
MF @ 36 months = 00065
Residual = 52% ($29,265.)
Money down = $2000
Monthly = $605.

I think I can do better. Thoughts?

[The Fat Kid]

The only thing I know about leasing is BMWs have the best deals in this segment. Guys were getting F80 M3s for about what you would be paying.

Throw studded snow tires on the M3 if you travel on rural roads in the winter

[jzinckgra]

The only thing I know about leasing is BMWs have the best deals in this segment. Guys were getting F80 M3s for about what you would be paying.

Throw studded snow tires on the M3 if you travel on rural roads in the winter

thanks. I'm just not a bimmer fan.

[Sailingtime]

I'm about to pull trigger on used 2014, but wanted to look at lease as well. Currently coming off 2013 A4 so familiar with leasing. S4 P+ with sports diff, adaptive susp, 19" rims, but no NAV or B&O. The offer:

The MSRP is $56,280. 10% off for a selling price of $50,562, plus an additional loyalty discount of $1,000. for a selling price of $49,562.
MF @ 36 months = 00065
Residual = 52% ($29,265.)
Money down = $2000
Monthly = $605.

I think I can do better. Thoughts?

Yes you can, if you aren't going to keep the car tell them to increase residual lowering ur monthly payments. Or let them drop the price. You should be somewhere around 580-90's on this car per month. With this much money down.

Good luck

[weaselp1]

I'm about to pull trigger on used 2014, but wanted to look at lease as well. Currently coming off 2013 A4 so familiar with leasing. S4 P+ with sports diff, adaptive susp, 19" rims, but no NAV or B&O. The offer:

The MSRP is $56,280. 10% off for a selling price of $50,562, plus an additional loyalty discount of $1,000. for a selling price of $49,562.
MF @ 36 months = 00065
Residual = 52% ($29,265.)
Money down = $2000
Monthly = $605.

I think I can do better. Thoughts?

yes you can do better - my brother got one with zero down for 607 a month with audicare a few months ago

[jzinckgra]

yes you can do better - my brother got one with zero down for 607 a month with audicare a few months ago

Seems like they could do better than 10% off msrp. My dilemma is deciding between another lease or buying used. I can get a 2014 with 33k miles for $36,800. If I finance 33K for 5yrs @ 1.49% = $571/month. The caveat to the used car is I'd have to pick up extended warranty within a year or so at the cost of ~$4,000. I'd probably only hold onto the used S4 for 3-4 years, so it would seems lease makes better sense plus don't have to worry about warranty, but not having any equity in a car at the end of a lease hurts.

[weaselp1]

Seems like they could do better than 10% off msrp. My dilemma is deciding between another lease or buying used. I can get a 2014 with 33k miles for $36,800. If I finance 33K for 5yrs @ 1.49% = $571/month. The caveat to the used car is I'd have to pick up extended warranty within a year or so at the cost of ~$4,000. I'd probably only hold onto the used S4 for 3-4 years, so it would seems lease makes better sense plus don't have to worry about warranty, but not having any equity in a car at the end of a lease hurts.

that was the exact same decision i had a few months ago along with my brother - he went the lease route and i picked up a 2013 S4 P+ with 18k miles for 38k because to your point, i wanted the equity at the end. I also generally hold my cars 6-8 years and my brother likes to drive something new every 3. Interesting decision you have - at the end of the day you will have a s4, so its a win win :) Good luck!

[SportVier]

thanks. I'm just not a bimmer fan.

Have you driven an E90/92 M3?

[jzinckgra]

Have you driven an E90/92 M3?

I have not. I drove a 335 3 years ago and the fit/finish paled in comparison to audi and I don't care for bimmer interiors. M3 probably much better, but don't see any current leases on them around here.

[jzinckgra]

that was the exact same decision i had a few months ago along with my brother - he went the lease route and i picked up a 2013 S4 P+ with 18k miles for 38k because to your point, i wanted the equity at the end. I also generally hold my cars 6-8 years and my brother likes to drive something new every 3. Interesting decision you have - at the end of the day you will have a s4, so its a win win :) Good luck!

So I assume you'll be buying extended warranty?

[Dr GP]

Have them throw in Audicare for free( Dealer did it for me on my last 2 S4 leases) . This will Increase the residual by 1% thus lowering your monthly payment. BTW, my 2010 had no Nav or B&O and really liked the car. BUT you really will want the Nav and B&O is nice . BTW, how do you get a $56K S4 without having Nav and B&O? My 2014 Prem + with Nav ,B&O, CF trim, SD and 19" wheels was $57k. . Find a different car

[jzinckgra]

Have them throw in Audicare for free( Dealer did it for me on my last 2 S4 leases) . This will Increase the residual by 1% thus lowering your monthly payment. BTW, my 2010 had no Nav or B&O and really liked the car. BUT you really will want the Nav and B&O is nice . BTW, how do you get a $56K S4 without having Nav and B&O? My 2014 Prem + with Nav ,B&O, CF trim, SD and 19" wheels was $57k. . Find a different car

It has sports diff, adaptive susp, 19" rims and nappa leather. Adds ~$4K to base price which is $50K. MSRP is actually 55K, my mistake.

[Dr GP]

So I assume you'll be buying extended warranty?

I hope not. The beginning of a lease /purchase is not the right time to buy an extended warranty. When factory warranty is almost done is a better time. Who knows how long you will actually have the car . Things happen and can go wrong. Why pay for something you may never need or use. Total the car and your money you spent for an extended warranty will be lost.

[jzinckgra]

I hope not. The beginning of a lease /purchase is not the right time to buy an extended warranty. When factory warranty is almost done is a better time. Who knows how long you will actually have the car . Things happen and can go wrong. Why pay for something you may never need or use. Total the car and your money you spent for an extended warranty will be lost.

good points.

[Dr GP]

It has sports diff, adaptive susp, 19" rims and nappa leather. Adds ~$4K to base price which is $50K. MSRP is actually 55K, my mistake.

Makes sense, but I would rather have the Nav and B&O instead of the Adaptive suspension. IMHO, the quintessential S4 has Nav, SD, B&O,. Everything else is gravy. I personally would want leather and CF trim and 19" wheels. None of my 3 B8 S4s had adaptive suspension. Many love it, but IMHO, it is not a "must have". Some may not agree. But my point is that if you get an S4, it should have some features that the car you after looking at lacks. Perhaps your dealer can locate and trade for a different S4 and still give you a similar deal. I would go onto autotrader.com and search for new s4s in a 100 mile radius. Find one with the options I listed , if dealer won't trade, travel and get it at a different dealer. Not sure how amny dealers ar in Maine or in reasonable distance. You already know what your current dealer is offering. Ask if they other dealer will do better on a different car. You are going to drive this car for a long time. A deal on a car that doesn't have the options that you should have is just a compromise

[crimson773]

Wow, I got a 2014 from their loaner stock for $50k out the door two years ago with only 5500 miles on it. Payments are $570 a month no money down, through a credit union.

[ClarkGriswold]

Wow, I got a 2014 from their loaner stock for $50k out the door two years ago with only 5500 miles on it. Payments are $570 a month no money down, through a credit union.

96 month loan? LOL

[Shaun Perry]

Leasing used is not ideal especially when it has higher than low miles(which I am assuming based off that terrible residual %. I can see they're very motivated by the $5k off. Money factor is good but it balances out with the high residual.

[Shaun Perry]

The only thing I know about leasing is BMWs have the best deals in this segment. Guys were getting F80 M3s for about what you would be paying.

Throw studded snow tires on the M3 if you travel on rural roads in the winter

BMW's have great leases but they're very rarely worth their residual at the end. They most likely will try their best to get you to buy it because they will lose money taking it back. They'll dangle a nice discount in front of you to sway your decision

[jzinckgra]

Leasing used is not ideal especially when it has higher than low miles(which I am assuming based off that terrible residual %. I can see they're very motivated by the $5k off. Money factor is good but it balances out with the high residual.

The 2016 is not used. It's new. I thought the residual was bad too. I think my A4 was 58%

[Shaun Perry]

Oh I must have misunderstood then sorry. Well being a 2016 lease then, 58% is better. I sell New for Lexus and our residuals are usually in the low 60%'s

[Dr GP]

Oh I must have misunderstood then sorry. Well being a 2016 lease then, 58% is better. I sell New for Lexus and our residuals are usually in the low 60%'s

Exactly. BMW, Lexus and others Artificially set their residuals high in order to keep lease payments low. At the end of the lease, the residuals are usually higher than the wholesale value of the car . At that point, the financially sound decision is to just give the car back. Manufactures are subsidizing these leases in order to sell more cars. Audi does not do this. Many times at lease end, Audi residuals are lower than wholesale, The cars actually have equity, which makes it unreasonable to just turn them in. Trading before lease end or buying the car are viable options. I got $6k when I traded my 2010 S4. I put that down on the lease on a a new 2014 lease. I could have just as well put it in my pocket. Plus you don't even have to trade it in on an Audi either. BUT in the last 90 days of the lease AFS will make a non Audi dealer buy the car fro near retail price , even though you can buy it for a lot less.

[Shaun Perry]

Exactly. BMW, Lexus and others Artificially set their residuals high in order to keep lease payments low. At the end of the lease, the residuals are usually higher than the wholesale value of the car . At that point, the financially sound decision is to just give the car back. Manufactures are subsidizing these leases in order to sell more cars. Audi does not do this. Many times at lease end, Audi residuals are lower than wholesale, The cars actually have equity, which makes it unreasonable to just turn them in. Trading before lease end or buying the car are viable options. I got $6k when I traded my 2010 S4. I put that down on the lease on a a new 2014 lease. I could have just as well put it in my pocket. Plus you don't even have to trade it in on an Audi either. BUT in the last 90 days of the lease AFS will make a non Audi dealer buy the car fro near retail price , even though you can buy it for a lot less.

True. So Audi puts the owner in a good financial position at lease end by keeping the residual low, but if low payment is ideal for you then that may not help so much. Again, to each their own and to what you're trying to achieve.

In Lexus' defense, in contrary view. The market always has high remarks for our vehicles and how their value holds up. A car is not the best investment all across the board. But I've been able to find positive equity in my customers' cars and move them into a new car with no money out of pocket with minimal change if any to their payment on a brand new car. So Lexus does have capabilities of giving low lease payments, high residuals, but also achieving equal value to pay off. Not in all cases 100%, but historically achievable on certain models like the RX SUV.

[jzinckgra]

Exactly. BMW, Lexus and others Artificially set their residuals high in order to keep lease payments low. At the end of the lease, the residuals are usually higher than the wholesale value of the car . At that point, the financially sound decision is to just give the car back. Manufactures are subsidizing these leases in order to sell more cars. Audi does not do this. Many times at lease end, Audi residuals are lower than wholesale, The cars actually have equity, which makes it unreasonable to just turn them in. Trading before lease end or buying the car are viable options. I got $6k when I traded my 2010 S4. I put that down on the lease on a a new 2014 lease. I could have just as well put it in my pocket. Plus you don't even have to trade it in on an Audi either. BUT in the last 90 days of the lease AFS will make a non Audi dealer buy the car fro near retail price , even though you can buy it for a lot less.

You did well. My buyout price right now for my 2013 A4 is $23K. Audi dealer would offer 18-19K. Uh, I don't think so.

[Dr GP]

Might be the difference in demand and prices of an S4 vs an A4 or just a higher residual. I had 30k miles on my 2010 which was a lightly loaded. (MSRP $50K) I think the depreciation on a $60k Prestige would have been greater. Had a similar situation on my leased 2004 B6 S4. Purchased the S4 from AFS at lease end. Paid $2k in state sales tax. Immediately sold the car below retail price . Put $3k in my pocket.

[Dr GP]

True. So Audi puts the owner in a good financial position at lease end by keeping the residual low, but if low payment is ideal for you then that may not help so much. Again, to each their own and to what you're trying to achieve.

In Lexus' defense, in contrary view. The market always has high remarks for our vehicles and how their value holds up. A car is not the best investment all across the board. But I've been able to find positive equity in my customers' cars and move them into a new car with no money out of pocket with minimal change if any to their payment on a brand new car. So Lexus does have capabilities of giving low lease payments, high residuals, but also achieving equal value to pay off. Not in all cases 100%, but historically achievable on certain models like the RX SUV.

Too bad Lexus has no cars with a manual transmission. AND the grilles are FUGLY! BTW, I currently have a RX 350. Wife had an IS 250 AWD which we leased. (girls car)

[Shaun Perry]

Too bad Lexus has no cars with a manual transmission. AND the grilles are FUGLY! BTW, I currently have a RX 350. Wife had an IS 250 AWD which we leased. (girls car)

Yeah it is unfortunate about their choice in transmission. Obviously for performance enthusiasts, there are better options than Lexus(hence myself, I work for them and believe we make a great product but I have a 12 S4 and the racecar is a 13 FR-S that I threw a turbo in running 10psi).

I'm a fan of the shift in grille design, but again to each their own.

The RX is a great vehicle, especially the new 2016. the IS I wouldn't say is purely a girls car but I can see that point of view also.

[chaos2984]

My lease was bought in June of 2014 on a 14 and it was almost 58K on a P+ Paid 48K after all incentives on it. Had to put down 3K due to my stupid state charges full tax on the entire vehicle not just lease term. I pay 599 for it. So its a decent price. I'm going to buy mine out since the new S4 will look like ass. I have all options on my P+ but the suspension. DSG B O tech package 19'' summer tires. side assist. sports diff.

[jzinckgra]

Well dealer sweetened the deal on the lease. He'll throw in AudiCare, no money down except first month payment and acquisition fee totalling $1100. After that, monthly is $597. I could live without nav and b&o. Good deal?

[vwblackb5]

Why is the residual so low at 52% ? It was 56% for a P+ Model Year 16' 5-6months ago. When you add AudiCare, that bumps it up 1% so 57%.

Since you say you're familiar with leases, you do know to NEVER put a down payment or a.k.a Cap cost reduction ever. Maybe dealers think they have all the leverage now since B9 S4's are not due until Q4 16 / Q1 17. Either way go back in the lions den and don't leave until you can get 12-15% off MSRP before that 1k loyalty. Are you looking at a stripped model? Kind of odd no Nav/BO as that means no PNY but it has GH2 and 1BL?


Sent from my iPhone using Tapatalk

[jzinckgra]

Why is the residual so low at 52% ? It was 56% for a P+ Model Year 16' 5-6months ago. When you add AudiCare, that bumps it up 1% so 57%.

Since you say you're familiar with leases, you do know to NEVER put a down payment or a.k.a Cap cost reduction ever. Maybe dealers think they have all the leverage now since B9 S4's are not due until Q4 16 / Q1 17. Either way go back in the lions den and don't leave until you can get 12-15% off MSRP before that 1k loyalty. Are you looking at a stripped model? Kind of odd no Nav/BO as that means no PNY but it has GH2 and 1BL?


Sent from my iPhone using Tapatalk

Here is the car. Waiting to see what the revised residual is.
http://www.audinatick.com/new/Audi/2...0bdcae9a94.htm

[importraceram]

Just started a lease last month. P+, 19s, technology package. Here's mine for comparison sake. Dealer told me not to tell anyone because it was such a sweet deal. After reading this thread I'm thinking otherwise . Plan to go slightly over the mileage and buy it out after 36mo.

MSRP: $54xxx
Selling price: $49xxx
Residual: $304xx
Miles: 10k/yr
Money down: $4000 + $1000 loyalty
Monthly: $592

^ don't have the lease agreement in front of me so don't know exact numbers but you get the idea.

[Dr GP]

Well dealer sweetened the deal on the lease. He'll throw in AudiCare, no money down except first month payment and acquisition fee totalling $1100. After that, monthly is $597. I could live without nav and b&o. Good deal?

Obliviously a better deal that initially offered. I lived without Nav and B&O on my first car. The good thing is that you will not know what you are missing. I"m not an audiophile so the B&o was not a big deal for me. Standard radio isn't really bad. In fact, I'm not overly impressed with the B&O either. The $597 include state tax? Its 9% on car leases here in PA.

[jzinckgra]

Obliviously a better deal that initially offered. I lived without Nav and B&O on my first car. The good thing is that you will not know what you are missing. I"m not an audiophile so the B&o was not a big deal for me. Standard radio isn't really bad. In fact, I'm not overly impressed with the B&O either.

I have STD radio on a4 and its fine. Nav is ok but Google maps on phone will work. Will miss backup cam but not critical

[Dr GP]

You might be able to retrofit a back up camera. In early models, back up camera was a separate option. Did not automatically come with the Nav. It has always been my philosophy to try to get the lowest price possible, but also the dealer is entitled to make some profit. The new deal doesn't seem bad to me.

[jzinckgra]

Well pulled the trigger on the 2016 lease. Daytona grey. I was impressed with the new A4 and wished I test drove it, but lease numbers would not have been as good as S4.

[jygesq]

Well pulled the trigger on the 2016 lease. Daytona grey. I was impressed with the new A4 and wished I test drove it, but lease numbers would not have been as good as S4.

congrats on your car. An A4 will not be a nice as an S4. Let us know about the grins theS4 put n your face after a little behind te wheel. Every time I drive my S4 is happy time.

[Dr GP]

The B8 S4 is far superior to a B9 S4. I'm sure you will love this car. Congrats and enjoy.

[chaos2984]

Nice like the color. But is that the same one you linked it to with the pics outside. How does it add up to that cost of 56 msrp with no tech package. Does it have the suspension and everything else.? Mine was 57K with the tech package and everything else you can put on the car for a P+ but the black optics and suspension.

[jzinckgra]

Nice like the color. But is that the same one you linked it to with the pics outside. How does it add up to that cost of 56 msrp with no tech package. Does it have the suspension and everything else.? Mine was 57K with the tech package and everything else you can put on the car for a P+ but the black optics and suspension.

The base was 50k. Add ons are nappa, sports diff, adaptive suspension, 19" rims, all weather mats, badges and wheel lock kit. Total cost 55k.
I was able to get them down to 12% off msrp, 0.00044 MF. Monthly is $594.