A4 (B6 Platform) Discussion Discussion forum for the B6 Audi A4 produced from 2002-2005

Please help a dummy with lease payment calculation...

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Old 07-12-2002, 06:07 AM
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Default Please help a dummy with lease payment calculation...

MSRP on a A4 is $31800, neg. price is $30500. On a 48 month lease with 12,000 allowable miles I have a Residial of 51% and a MF of .00250, I put $1000 down so my cap cost is $29500. Montly payment is $391. With 6% tax payment becomes $414.46 . My salesman is quoting me $457. Am I getting screwed? Am I missing something? Are there any other costs that I have overlooked? Thanks in advance to you all. I'm stressing a little, I ordered this car with the promise the payments whould be at or close to $400/month. Now I got a new salesman who won't budge on the payment.
Old 07-12-2002, 06:45 AM
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Default Your calculations seem correct if no cost was added to the lease...

http://www.leaseguide.com/calc.htm
Old 07-12-2002, 09:19 AM
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Default I think you are forgetting the rental fee

Logically the way you are thinking of it is correct but for the dealer to make money on a lease not just breakeven they include a rental fee for the term of the lease. Although I am not sure how it is determined you lease is a bit higher then mine my sticker was 33 and change and I negotiated to 30,400 with 1500 down and I financed the tax for 48 mths with 12,000 a year my tax rate is 7.875 percent and my moneyly pymt is 448.50 hope that helped
Old 07-12-2002, 12:12 PM
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Default What state is the car being reg'd in? Without knowing if the taxes are sales/use etc no way

to answer your question...

Assuming it's sales tax on the payment and cap red tax then something is wrong, it should be 415..
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