2010 S4 is this a deal?

[orlandosk2]

51,600 MSRP 6 % off per audi supplier discount 48547.20

$2000 out of pocket

I owe 36,623 on my current A4 rolling in the negative minus 2 g's down

12k per year

$1022 out the door


36 month lease

[Stubek]

Someone had a similar price a few days ago on here with $5k rolled into their price for their current car.
http://www.audizine.com/forum/showthread.php?t=306949&highlight=lease


You could finance and buy the car with 1 more year worth of payments and probably find a better finance rate from a third party or your bank instead of Audi Credit.

[orlandosk2]

Just got another quote and they are giving me the suppliers discount on it.


$1022 a month with tax included 51,600 on the car and $2500 down

12k a year and 36 months

[ShawFM]

51,600 MSRP

$2000 out of pocket

I owe 36,623 on my current A4 rolling in the negative minus 2 g's

12k per year

$1053 out the door


39 month lease

$2k up front? And $1k per month for 3 years and own nothing?
I like the car, but not that much.
Years ago I would have said go for it, today?
Not saying it is bad, just my priorities have changed a bit.

[orlandosk2]

$2k up front? And $1k per month for 3 years and own nothing?
I like the car, but not that much.
Years ago I would have said go for it, today?
Not saying it is bad, just my priorities have changed a bit.

you only live once brother and then u get married and have kids which I have not done yet

[MattT516]

You do realize you are paying about 80-90% on a $51k car, right? You might as well buy the thing or finance it and sell it in a couple of years and get a minimum of 40% of the value of the car back if you sell it in that 39-month period.

That, combined with the fact that you could probably get an M5 for $1,050 a month. I say pass without a doubt...

[Black3.2]

you were talking about this a few days ago also, you are obviously obsessed with the car (not a bad thing), stop asking other people what you should do. do what you want. you know you are going to talk yourself into it.

[ShawFM]

you only live once brother and then u get married and have kids which I have not done yet
That is true, but I still love lots of money in the bank / invested over a new car.

[alifelessplague]

you only live once brother and then u get married and have kids which I have not done yet
[up] to your words.... and not for nothing, getting married and having kids isnt in the 'instruction manual' to life, its just what has become the 'society standard'. you can live your life however you want, but what you said i agree with.

[notjoefromnh]

you only live once brother and then u get married and have kids which I have not done yet

hey if u can afford it (and i suggest you finance it not lease)...

just do it.

do it.


DOOOOOOOOOO IT



do it


now

[orlandosk2]

hey if u can afford it (and i suggest you finance it not lease)...

just do it.

do it.


DOOOOOOOOOO IT



do it


now

lol did you finance and if so what kind of terms and stuff did you agree to if you dont mind me asking?

[audi_noob]

51,600 MSRP

$2000 out of pocket

I owe 36,623 on my current A4 rolling in the negative minus 2 g's

12k per year

$1053 out the door


39 month lease

I can’t imagine paying that much for the car and then turning it in to the dealer in 39 months with nothing other then a broken heart to show for it. Probably will be the sadist day of your life, it would be for me.

I would say finance it, but really it’s up to you. Just do what you think is right.

Drive on... [drive]

[orlandosk2]

I can’t imagine paying that much for the car and then turning it in to the dealer in 39 months with nothing other then a broken heart to show for it. Probably will be the sadist day of your life, it would be for me.

I would say finance it, but really it’s up to you. Just do what you think is right.

Drive on... [drive]

cant I just buy it afterwards then the payment wont be as big for as long?

[Brooklyn]

Definitely sounds like you should be financing this car. That's an ass load of money each month on a lease.

[orlandosk2]

Definitely sounds like you should be financing this car. That's an ass load of money each month on a lease.

dont u think instead of financing for 60/72 months that a 36 month lease then a 26,000 residual then buy it then? Then I dont have as big of payments come 3 years from now?

[audi_noob]

dont u think instead of financing for 60/72 months that a 36 month lease then a 26,000 residual then buy it then? Then I dont have as big of payments come 3 years from now?

You can always finance it and pay more then the minimum monthly payments and pay it off sooner then the 60-72 month period. But even if you finance the residual 26k do you plan on spreading over 3,4 or 5 years? If you do 3 years, I bet the payments will be close to what they would have been if you originally financed.

I plan on financing over 60-72 month and then paying more then the minimum when I can afford.

Dont know about you but all this money talk makes me want to
---> [headbang]

[orlandosk2]

You can always finance it and pay more then the minimum monthly payments and pay it off sooner then the 60-72 month period. But even if you finance the residual 26k do you plan on spreading over 3,4 or 5 years? If you do 3 years, I bet the payments will be close to what they would have been if you originally financed.

I plan on financing over 60-72 month and then paying more then the minimum when I can afford.

Dont know about you but all this money talk makes me want to
---> [headbang]


hahah im not sue but I think for me it would be best to lease then buy at the end because I wouldnt be paying a grand for 6 years I would be paying a grand for 36 months and pay only about 750 for 36 more months on the buy paying more each time

[Haenszel20v]

severe mistake.

[audi_noob]

hahah im not sue but I think for me it would be best to lease then buy at the end because I wouldnt be paying a grand for 6 years I would be paying a grand for 36 months and pay only about 750 for 36 more months on the buy paying more each time

I would do just what you feel is best for you and your situation. I think you will find there are Finance people and there are Lease people. Getting to two types to agree is like herding cats...

[orlandosk2]

severe mistake.

tell me why please?

[Esoteric]

It looks like you've already bought the car (so this is probably moot), but if you do what you are suggesting here, you will pay thousands (maybe tens of thousands) more for the car by the time you're finished making all these payments.

You'll be paying interest on the lease payments themselves, plus the interest on the money you borrow to pay the residual.

I know when I did my comparison of lease vs. buy on this car, the difference was over $6000, and that was assuming I paid the residual in cash at the end of the lease term. In your scenario, that differential would grow because of the additional interest you pay financing the residual pay out.

Good luck with the new car.


hahah im not sue but I think for me it would be best to lease then buy at the end because I wouldnt be paying a grand for 6 years I would be paying a grand for 36 months and pay only about 750 for 36 more months on the buy paying more each time

[speedchangesU]

dont u think instead of financing for 60/72 months that a 36 month lease then a 26,000 residual then buy it then? Then I dont have as big of payments come 3 years from now?
do the math you will pay more if you buy after the lease is up! don't forget the 2500 you are willing to drop!

[surfsidedetail]

$1000+ a month is a lease payment on a $100K car not a $50K car

[charliemike]

Did you create another thread for this because you didn't like the answers in the last one?

[HobbesA5]

[up] to your words.... and not for nothing, getting married and having kids isnt in the 'instruction manual' to life, its just what has become the 'society standard'. you can live your life however you want, but what you said i agree with.
Amen, brother. There is no rule book that says everybody has to follow the prescribed path. Many more people should put real thought into whether they should get married or have kids, instead of just following the standard plan. My wife and I made a well-thought decision to never have kids, and couldn't be happier.


tell me why please?
Why? You obviously don't care to listen.

[ProgMetalHead]

The answer seems pretty obvious to me.

I'll see if I can break my thoughts down nicely:

Roughly $49,000 for the car.

$1000/mo for 39 months = $39.000. Remaining amount is $10,000. Financing would take care of this entire amount in 49 months (taxes and interest aside).

If I read what you said correctly, the buyout option at the end of the lease term is $26,000. So, you pay $39,000, and you're left with $26,000, equalling $65,000. This number is $16,000 more than the financing total.

Maybe I misunderstood something, but if not, leasing seems 100% unjustified.

[orlandosk2]

The answer seems pretty obvious to me.

I'll see if I can break my thoughts down nicely:

Roughly $49,000 for the car.

$1000/mo for 39 months = $39.000. Remaining amount is $10,000. Financing would take care of this entire amount in 49 months (taxes and interest aside).

If I read what you said correctly, the buyout option at the end of the lease term is $26,000. So, you pay $39,000, and you're left with $26,000, equalling $65,000. This number is $16,000 more than the financing total.

Maybe I misunderstood something, but if not, leasing seems 100% unjustified.


factor in that my final loan after taxes and roll in is 58k

[djwimbo]

If I read what you said correctly, the buyout option at the end of the lease term is $26,000. So, you pay $39,000, and you're left with $26,000, equalling $65,000. This number is $16,000 more than the financing total.

Exactly. Leasing = you not owning SHIT.

If you pay $12k annually for the vehicle on a 3yr lease, that's $36K you paid to drive something you don't own. Like mentioned above (with more accurate figures) the buy out option would be excessively more than the actual value of the vehicle. The insurance requirement is the same for both lease or financed, so that isn't a factor.

If you BUY(finance) the car and want to sell it after 3 years, you're further ahead (or less behind) than you would be on a lease. NTM 99% of leases are limited on mileage. In the next 3yrs is your life going to change enough to change your driving habits or annual mileage?

[ProgMetalHead]

^ That's another thing. If you do not buyout the car at the end of the lease, it basically means that you paid $1000 just to have the option to drive the car for that 30 days. Is ONLY driving the car worth $1000/mo? Not to me... I'd have to be paying that much knowing that there's a cherry at the end. OWNING the S4, and being able to drive it for years after, or selling it to get a good $20,000 back would be that cherry on top.
The point of leasing is to have significantly lower monthly payments. To me, $500/mo seems fair... $600 CDN, lol.

[saw1]

Reality check brother, NEVER, EVER, EVER roll negative equity into a new car!!!!!!!!!!!!!!!!!!!!!!!!!

The thruth is, you will not purchase the car after the lease is up. You will most likely try to get out of this lease early in 2 years when they upgrade the S4.

You owe 36K on your car and the dealer was going to give you 28K on trade.

My suggestion is to hold onto your car for 1 more year, pay down some equity, then buy a used 2010 S4, certified, with low miles for around 42K next summer.

Flipping new cars in 1 year is a bad financial move, unless you have cash to burn, but obviously you don't or you wouldn't be soliciting our opinions on this deal.

[MiracleWhips]

Reality check brother, NEVER, EVER, EVER roll negative equity into a new car!!!!!!!!!!!!!!!!!!!!!!!!!

The thruth is, you will not purchase the car after the lease is up. You will most likely try to get out of this lease early in 2 years when they upgrade the S4.

You owe 36K on your car and the dealer was going to give you 28K on trade.

My suggestion is to hold onto your car for 1 more year, pay down some equity, then buy a used 2010 S4, certified, with low miles for around 42K next summer.

Flipping new cars in 1 year is a bad financial move, unless you have cash to burn, but obviously you don't or you wouldn't be soliciting our opinions on this deal.


Sound advice, but too late.....check for the users other threads.

[AAAA]

^ That's another thing. If you do not buyout the car at the end of the lease, it basically means that you paid $1000 just to have the option to drive the car for that 30 days. Is ONLY driving the car worth $1000/mo? Not to me... I'd have to be paying that much knowing that there's a cherry at the end. OWNING the S4, and being able to drive it for years after, or selling it to get a good $20,000 back would be that cherry on top.
The point of leasing is to have significantly lower monthly payments. To me, $500/mo seems fair... $600 CDN, lol.

Again, this is different for different people. Leasing can do essentially everything you want it to. If you buy the car, and 3 years down the road you sell it, you are not going to get 20k back (or a cherry on top) because you will still owe on the car, and most likely in 3 years you'll still owe more than its worth because the depreciation curve has not slowed down enough to catch up with its market value. You'd have to pay on it all 5 years then you'll have equity in it.

All these people saying you pay 36k or however much to "rent" the car or just drive it/borrow it, yeah, this is true with a lease. However, unless all of you plan on owning a car to its maturity date and owning it outright, you're doing the same thing. If I buy a car and use it for 3 years, then sell it and don't make any money off of it or owe, then essentially I've paid for those 3 years to just "borrow" it and still have no asset to show for it. the only difference is that you know this for a fact with a lease.

Also, with a lease you pay to rent it, but you still can buy it at the end, which if you do it turns out to be the exact same as financing it in the first place. And in many cases, the money factor translated to an apr is lower than the apr to finance it. So that "rent charge" for a lease is just taking your apr in a finance situation, adding it up, and putting it in a line by itself on the cost sheet, then dividing by the term. With financing, you amortize the interest each month (and really each day you pay per diem interest).

So basically after all that, its to each his own. Did this guy make a good deal/decision. Fuck no.

[HobbesA5]

Also, with a lease you pay to rent it, but you still can buy it at the end, which if you do it turns out to be the exact same as financing it in the first place.
It seldom works out that way. You are paying a premium for the ability to rent your usage and be certain of it's value upon lease-end. The value in a lease lies in the likelihood of returning it once the lease is up. If there is a strong probability that it will purchased at lease-end it almost always costs less to buy it outright instead of lease.

Leasing is great for folks who are sure they will get a new car in 3 years. Leasing may make sense if you think you'll want a new car in 3 years, but aren't sure. Leasing usually makes no sense if you fully intend to purchase once the lease is up.

[sukebe]

you only live once brother and then u get married and have kids which I have not done yet

i'm sure most of us have rationalized our decisions using that exact same reasoning. what you won't realize until much later is that you're enslaved in a cycle of never-ending pursuit for a desire that can never be satisfied. as manufacturers raise the bar, your expectations and desires will also increase -- question is whether your paycheck will be able to keep up with your appetite, or will you be another one of those guys who drives a cool car, parks it in the carport of his $600/mo studio apartment, then bemoans the moral decay of society when one morning he discover someone jacked his dope wheels.