Cab lease rates
04-15-2004, 04:25 PM
#1
New Member
Thread Starter
Join Date: Apr 2002
Posts: 2
Likes: 0
Received 0 Likes
on
0 Posts
Cab lease rates
ANyone out there familiar with current lease rates? I'm negotiating on an 3.0 quattro Cab and looking for a 36 month/12,000 mile lease. I've been given a variety of quotes from dealers on the current lease rate ranging from 0.00150 (3.6%) to .00250 (6.0%). THe spread is worth about $75/month in payments, so not inconsequential. Can;t figure out if Dealer A is lowballing me and something will change when I'm ready to sign or if Dealer B is juicing the rate on me.
04-18-2004, 04:46 PM
#4
We just bought.. or will as soon as its off the boat.. read on...
ABOVE ALL.. determine the total that you are paying for the car FIRST, not payments, not interest, nothing else matters EXCEPT what the dealer is selling the car for. Once you have agreed on your price then determine how to pay for it.
We went with Audi Preffered their Baloon Loan. I've been leasing for years but this made more sence for us.
1. We want to put money down, but will never do this on a lease.. You don't own it.. you can never recover the down.
2. With the Audi Pref financing. we own the car from day 1. We put 6K down and 48 months at $600.00.
3. If at any time we want we can sell the car we can...because we own it. We would pay off the note, + the residual. NOT THE TOTAL OF THE PAYMENTS like a lease, but the Pricipal just like a regular loan.
4. The residual is the same % as the lease.
For me this was the way to go.. Determine the sell of the car then how to pay for it.. Good Luck
We went with Audi Preffered their Baloon Loan. I've been leasing for years but this made more sence for us.
1. We want to put money down, but will never do this on a lease.. You don't own it.. you can never recover the down.
2. With the Audi Pref financing. we own the car from day 1. We put 6K down and 48 months at $600.00.
3. If at any time we want we can sell the car we can...because we own it. We would pay off the note, + the residual. NOT THE TOTAL OF THE PAYMENTS like a lease, but the Pricipal just like a regular loan.
4. The residual is the same % as the lease.
For me this was the way to go.. Determine the sell of the car then how to pay for it.. Good Luck
Thread
Thread Starter
Forum
Replies
Last Post