View Full Version : B8 S4 Lease Advertised
S-Fore
09-14-2009, 05:12 AM
Just an FYI, I saw this past Sunday;
'10 S4 6MT
$52k car
42 mo lease
10k mi/yr
$4200 out of pocket
$699/mo + tax of course
Advertised deals are usually the best deal available on said car. Most times they don't even exist, or 1 available. Good to use as a guidline.
ataylor
09-14-2009, 08:05 AM
10k/yr? :< this is why i could never lease
ibiski
09-14-2009, 10:49 AM
$4200 out of pocket? I understand it's to reduce the payments, but kind of defeats the purpose of leasing.
marty was here
09-14-2009, 10:55 AM
$4200 out of pocket? I understand it's to reduce the payments, but kind of defeats the purpose of leasing.
put it back into the lease and pay close to 799/month on a 52k car (which is near bare bones)
snosk8tr123
09-14-2009, 01:21 PM
where did you see this?
speedchangesU
09-14-2009, 07:12 PM
put it back into the lease and pay close to 799/month on a 52k car (which is near bare bones)\
Put 4200 down and finance at 5% for 60 months at 900 per month, better deal than giving it up after 3 1/2 years!
S-Fore
09-14-2009, 09:27 PM
\
Put 4200 down and finance at 5% for 60 months at 900 per month, better deal than giving it up after 3 1/2 years!
buy or lease, at the end it is worth the same amount of money. Buying is for people that plan to keep a car longer than the length of the financing. These cars are overpriced (I say that as a big fan anyway and have one) and will always plummit in value because of it. I am so happy that I leased my car; in a year my buyout is a bit more than its worth right now. That would put me about $6K in the hole. I have spoken to the bank that I leased it through and I stated these facts, which they acknowledged, and said that they will negotiate with me no sooner than 180 days before the maturation of my lease. Unless they offer me my car less than $20k, I'll return it with a smile knowing that I got the best out of the car. If I purchased, I'd have no choice but to be buried in it. Thats just my story.
speedchangesU
09-15-2009, 10:25 AM
buy or lease, at the end it is worth the same amount of money. Buying is for people that plan to keep a car longer than the length of the financing. These cars are overpriced (I say that as a big fan anyway and have one) and will always plummit in value because of it. I am so happy that I leased my car; in a year my buyout is a bit more than its worth right now. That would put me about $6K in the hole. I have spoken to the bank that I leased it through and I stated these facts, which they acknowledged, and said that they will negotiate with me no sooner than 180 days before the maturation of my lease. Unless they offer me my car less than $20k, I'll return it with a smile knowing that I got the best out of the car. If I purchased, I'd have no choice but to be buried in it. Thats just my story.
Talking about the money spent on the car for payments not how much its worth. If you put down money on a lease you can never get that back. One could pay off there car in about the same amout of time and at least get some money back on a trade or out right sale. just my thoughts!
LakeShow41
09-15-2009, 11:17 AM
Talking about the money spent on the car for payments not how much its worth. If you put down money on a lease you can never get that back. One could pay off there car in about the same amout of time and at least get some money back on a trade or out right sale. just my thoughts!
Putting money down on a lease will really only hurt you if you total the car... You'll never see that initial payment again. Otherwise all you are doing is paying for more of your "rent" up front to lower your monthly payments. I guess you could consider opporunity costs as well... But it all depends on what you want to do. For me I like having new cars every 3 years and I like lower payments, so a lease has always made sense. But I'll still weigh both options when my S4 arrives...
Blake P
09-15-2009, 01:08 PM
10k/yr? :< this is why i could never lease
+1, I will have done ~30k by the time my A4's first birthday rolls around in November.
02A4TURBO
09-15-2009, 04:28 PM
+1, I will have done ~30k by the time my A4's first birthday rolls around in November.
Holy bejesus... maybe you should learn to fly?! Yikes.
+1, I will have done ~30k by the time my A4's first birthday rolls around in November.
This is why I am crying that I leased. [headbang]
5.6K miles in 6 months on a 10k/year and snow season hasnt started yet.
MiracleWhips
09-16-2009, 12:34 AM
This is why I am crying that I leased. [headbang]
5.6K miles in 6 months on a 10k/year and snow season hasnt started yet.
MUNI around town whenever possible.
Really sucks ass sometimes, but it saves mileage, and stress!
S4Olympics
10-01-2009, 11:41 PM
Just an FYI, I saw this past Sunday;
'10 S4 6MT
$52k car
42 mo lease
10k mi/yr
$4200 out of pocket
$699/mo + tax of course
Advertised deals are usually the best deal available on said car. Most times they don't even exist, or 1 available. Good to use as a guidline.
This deal is horrible!
I'm putting $7500 down for a 36mo 10k allowance and I'm going to be paying $550 a month.
My MSRP is also $53,075.
Raz5219
10-02-2009, 06:41 AM
It really doesn't make sense to put anything down on a lease. Don't forget you need to pay taxes, bank fee, security deposit which all adds up to over $3,500. So your out of pocket is really $7,700 (4,200 + $3,500 taxes &fees). Plus anything put down is now gone and not recoverable if something happens to the car. I'd rather make a higher payment and hold on to my out of pocket money in case you need it for anything else that life brings you.
If you didn't make the $4,200 out of pocket payment the lease advertises, your monthly payment is really about $825/month. The $599/mnth payment looks good onthe advertisement and people ignore the out of pocket portion.
So to conclude, the advertised lease deal really isn't good. You can do better negotiating on your own.
ASU Daniel
10-08-2009, 04:15 AM
It really doesn't make sense to put anything down on a lease. Don't forget you need to pay taxes, bank fee, security deposit which all adds up to over $3,500. .
The $3,000 i put down on my A4, which was advertised on the special i found, included all of the fees you mention above. I thought all of those fees were going to be additional charges, however they were included in the down payment.
A6.S-line
10-08-2009, 06:47 AM
Advertised deals are usually the best deal available on said car
No they are not, as others have mentioned.
You're better off shopping for the lowest selling price or cap cost on your particular car - the base MF and residual is neither in your control nor in your dealer's (they are set by Audi FS), so there is no negotiating there. Just make sure they are not marking up the MF to squeeze more $$$ out of you.
A6.S-line
10-08-2009, 06:57 AM
This is why I am crying that I leased. [headbang]
5.6K miles in 6 months on a 10k/year and snow season hasnt started yet.
Sounds like you may have been better off doing a 12k/yr lease (did you underestimate the number of miles you drive in a year?), but it's hardly the end of the world. Most lease contracts allow you to buy additional miles. The 600 'extra' miles you drove over the last 6 months would cost you $120 @ 20c/mile or $20 per month
The more one drives, the higher one's ownership costs are - that is true regardless of leasing or purchasing. Leasing simply itemizes that extra cost down to the last penny (this last part seems to give grief to quite a few people)
notjoefromnh
10-08-2009, 07:39 AM
This is turning into a debate that has been going on for years
I bought my S4 partially due to the terrible experience I had leasing my A4. I never had mileage overages it was the hidden turn in fee’s and crazy damage charges at the end of the lease.
Leases used to be great, high residuals and low money factors...
Nowadays leases are becoming unattractive to the dealers due to the inability to sell the return cars and miss-calculations of the residuals.
Thats a terrible deal and your better financing it.
S-Fore
10-10-2009, 10:18 AM
Anyone that knows about the car business knows the structure of leasing. The residual is set and is what it is, cap cost is negotiable and the moneyfactor, well you can shop lenders however it usually depends on the buyers credit. It's true, you are going to spend the same amount of $$$ for ownership no matter what you put down during the life of the lease. Buying, IMO, makes sense if your going to keep a car for more than the life of the financing. When you drive it for free, your earning money on it. Most start out with this in mind, but there is always something tempting us just around the corner. Buy an S4 using a modest down payment, and after three years said car will be slightly backwards or almost even, and what about the money you put down. Lost either way. High mileage drivers, well it's a different story.
LODOSS
10-12-2009, 09:23 PM
This deal is horrible!
I'm putting $7500 down for a 36mo 10k allowance and I'm going to be paying $550 a month.
My MSRP is also $53,075.
Does not sound like your deal is much better. FYI do some research.. never put down money on a lease. Especially on an AUDI.
Does not sound like your deal is much better. FYI do some research.. never put down money on a lease. Especially on an AUDI.
I am going out on a limb here, is he even talking about an audi, or is it more 335 is a better deal talk.
A6.S-line
10-14-2009, 08:14 AM
Agreed on not putting money down on a lease. But what does "especially an AUDI" have to do with it? Are you saying the chances of having your car totaled or stolen are higher if it's an Audi?
And yes that 335i deal is nothing to brag about. I've done much better and so have many people.
zillmc
10-17-2009, 10:58 AM
Buying, IMO, makes sense if your going to keep a car for more than the life of the financing. When you drive it for free, your earning money on it. Most start out with this in mind, but there is always something tempting us just around the corner. Buy an S4 using a modest down payment, and after three years said car will be slightly backwards or almost even, and what about the money you put down. Lost either way. High mileage drivers, well it's a different story.
Perfect summary of the lease/buy argument as these are really the key factors, and in my mind, the ONLY reason to buy is if you fit these characteristics: high mileage driver and plan to keep the car for longer than the finance time. Not to mention, BMWs/Mercs/Audis get ridiculously expensive to maintain as the years go on, especially with how technically advanced these cars are these days. Something goes wrong with a key part after like 4 years and expect to pay a couple thousand bux to fix it. A friend of mine will never go back to Audi for this reason as like a week after warranty was up, something broke and had to pay like $5,000. Fortunately he was able to negotiate with audi and only had to pay half.
That being said, that lease deal advertised sucks ass. I got mine for:
'10 S4 6MT
$58k car
36 mo lease
15k mi/yr
$0 down (just title/reg/etc, no down payment)
$900/mo + tax of course
So you are paying 1200 dollars more for you lease to drive an additional 15k miles. (once the car cost is factored in)
zillmc
10-17-2009, 02:30 PM
Yah I was fortunate to get a pretty good deal on it through a family friend. For a fully loaded S4 like the one I have on order (everything but ADS and cruise control), everywhere else I looked the best lease deal I was able to find (in California) was around $1100-$1300/mo before tax including a down payment of like $3k-$5k and at that point I was just going to finance.
Called the friend up who has a car sales business that manages a lot of Silicon Valley companies' corporate car programs and he was able to get that deal for me which I couldn't turn down. He had been getting my dad's corporate cars which were BMW 540s for the past like 15 years (old 540i boxy version - his current 550i) and myself and my brother's cars for about the last 6 years at or below invoice. He does on average like 200 cars a month, well at least three years ago when the economy was still decent when i got my last car from him!
The best part about it is how easy it is, I faxed him my order specs, he found a build allotment the next day had it done. Gets dropped off at my door via flatbed, no delivery charges, included Audi Care, he drives my current car back details it and turns it over as the lease is done. Well worth the $1500/car commission he takes, which I guess I will consider as my down payment =). February can't come fast enough =(