Just got '03 lease numbers. Are these okay?
09-23-2002, 07:54 AM
#1
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Just got '03 lease numbers. Are these okay?
For an '03 A6 2.7t:
36 month term
Residual=57%
Money factor= .0021 or 5.04% APR
Acquisition fee=$575
Total 36 month payment @ $473.13
I'm still unsure about lease versus buy, but these numbers don't look too bad to me.
36 month term
Residual=57%
Money factor= .0021 or 5.04% APR
Acquisition fee=$575
Total 36 month payment @ $473.13
I'm still unsure about lease versus buy, but these numbers don't look too bad to me.
09-23-2002, 08:23 AM
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Not enough info to tell.
Need to know total upfront out-of-pocket dollars. Miles allowed. Sticker and adjusted cap cost.
Generally, if you plan to buy the car at lease-end you are better off financially to buy it initially instead of leasing. I lease for tax reasons. Others lease to get a 3 year test drive.
Generally, if you plan to buy the car at lease-end you are better off financially to buy it initially instead of leasing. I lease for tax reasons. Others lease to get a 3 year test drive.
09-23-2002, 08:37 AM
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Sounds very good to me...but without the miles I can't tell...
if that's 15k...yeah, very good...if that's 10k, that sucks because 10k is unreasonable to 95% of drivers who like to drive.
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09-23-2002, 09:19 AM
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Owning my own business would be my only reason for leasing...
...other than that, I would purchase The Audi and run it into the ground...!!!
Call me crazy, but I enjoy NOT having a car payment.
Call me crazy, but I enjoy NOT having a car payment.
09-23-2002, 09:23 AM
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Retail is $44,800 and purchase price is $42,000. The numbers are based on a cap of $37,000 assuming a $5,000 initial payment (my choice). I asked for a 10k mileage lease since we have two cars and this will never see more than 8k miles per year. I may have my business lease this or just buy it outright...still undecided. The apartment rental/buy a home analogy doesn't work since a home appreciates over time while a car depreciates. If my car would be worth more than I paid for it in 5 years I wouldn't ever consider a lease.