2010 A6 Residual and MF - Killed the car
#11
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Audi's getting arrogant ... and it will backfire soon enough.
I went to ask for the lease on the Audi Q5 and it was like $535/month with I think a $3000 downpayment. And I said, well .. what about the Q5 with an S-Line package ? The salesman came back after talking to the manager and said .. with the S-line it is $850/ month ?
WTF ? $850/month from $535/month ... a $315 difference just because of the S-Line package ????????? No thanks.
And then I said ... the other dealer was offering $480/month, so why $535/month ... and then the salesman went and talked to the manager and came back and said ... yeah, we can try and go lower.
A few months after (during summer), Audis were not selling well and the dealer has taken off about $3000 - $5000 off the MSRP for most of the Audis in their lot inventory. Not good.
I went to ask for the lease on the Audi Q5 and it was like $535/month with I think a $3000 downpayment. And I said, well .. what about the Q5 with an S-Line package ? The salesman came back after talking to the manager and said .. with the S-line it is $850/ month ?
WTF ? $850/month from $535/month ... a $315 difference just because of the S-Line package ????????? No thanks.
And then I said ... the other dealer was offering $480/month, so why $535/month ... and then the salesman went and talked to the manager and came back and said ... yeah, we can try and go lower.
A few months after (during summer), Audis were not selling well and the dealer has taken off about $3000 - $5000 off the MSRP for most of the Audis in their lot inventory. Not good.
I suspect that the original poster's dealer is marking up the money factor; most of them do. I've also found if they really want to make the sale they'll often drop back to Audi's buy rate, which is the unmarked up rate. Check around and you should be able to find out what the rate really is.
#13
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The issue here, and original poser makes this point, is that more loyal Audi customers could end up in BMWs or something else if they are looking to lease. If Audi wants to tap more of BMW's US customer base then they need to offer attractive leases.
Apparently, they are offering the same residual of 49% on the 2009 and 2010 A6 models at the same time and that doesn't make sense to me.
#14
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What do you guys think of this deal?
http://www.audiusa.com/us/brand/en/r...l_offer_5.html
That's exactly the deal I made because I didn't want to go through negotiations and stuff.
It's all over now, so if I got ripped off don't hold back.
http://www.audiusa.com/us/brand/en/r...l_offer_5.html
That's exactly the deal I made because I didn't want to go through negotiations and stuff.
It's all over now, so if I got ripped off don't hold back.
#15
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its all the cars right now. i was at manheim last month and picked up a 07 m6 with 17000k miles, still under factory warrant for 41k. thats serious depreciation. its not just audis.
#16
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I don't think many would argue with you on that. I certainly wouldn't.
The issue here, and original poser makes this point, is that more loyal Audi customers could end up in BMWs or something else if they are looking to lease. If Audi wants to tap more of BMW's US customer base then they need to offer attractive leases.
Apparently, they are offering the same residual of 49% on the 2009 and 2010 A6 models at the same time and that doesn't make sense to me.
The issue here, and original poser makes this point, is that more loyal Audi customers could end up in BMWs or something else if they are looking to lease. If Audi wants to tap more of BMW's US customer base then they need to offer attractive leases.
Apparently, they are offering the same residual of 49% on the 2009 and 2010 A6 models at the same time and that doesn't make sense to me.
It's two different cars, and you can't reasonably expect Audi to sell their car below their acceptable margins. BMW to me is taking a big gamble keeping their lease rates where they are. Look at the current values of a lot of 2006-2007 BMW's, I'm sure their current private party price is much less than their agreed to residuals.
As a buyer it's great that BMW is taking those gambles, Audi just is choosing not too. When it comes down to it, the MF and residual are not, well are not very negotiable. If the Audi is too expensive, move on. You can't negotiate it. If the BMW is more affordable, and the Audi isn't worth the extra cost, get the BMW. If Audi's weren't being leased at their current rates, Audi USA would change them.
#17
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Appreciate all of the dialogue - The topic has spun in may different ways, I guess the way I look at it is Audi is setting the depreciation rate of the cars with the residual. If they set a 49% residual in 3 years on this car, then it is going to be pretty close to that, if they set it at 54% well it would probably fall pretty close to that as well.
It amazes me that I am buying a 64k 535 and the payment is $100 less than the 57,5 A6 - help me understand the economics in that. Affordability is not the issue for me, at the end of the day the deal needs to make sense...and certainly this one doesn't (paying 49% and MF of .00141).
As for an 09, I need the sports package to kill the terrible wheel gap, there are NO Prestige with Sports available nor have there been for the last 3 months - trust me I have contacted 30 dealerships.
It amazes me that I am buying a 64k 535 and the payment is $100 less than the 57,5 A6 - help me understand the economics in that. Affordability is not the issue for me, at the end of the day the deal needs to make sense...and certainly this one doesn't (paying 49% and MF of .00141).
As for an 09, I need the sports package to kill the terrible wheel gap, there are NO Prestige with Sports available nor have there been for the last 3 months - trust me I have contacted 30 dealerships.
#19
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Appreciate all of the dialogue - The topic has spun in may different ways, I guess the way I look at it is Audi is setting the depreciation rate of the cars with the residual. If they set a 49% residual in 3 years on this car, then it is going to be pretty close to that, if they set it at 54% well it would probably fall pretty close to that as well.
It amazes me that I am buying a 64k 535 and the payment is $100 less than the 57,5 A6 - help me understand the economics in that. Affordability is not the issue for me, at the end of the day the deal needs to make sense...and certainly this one doesn't (paying 49% and MF of .00141).
As for an 09, I need the sports package to kill the terrible wheel gap, there are NO Prestige with Sports available nor have there been for the last 3 months - trust me I have contacted 30 dealerships.
It amazes me that I am buying a 64k 535 and the payment is $100 less than the 57,5 A6 - help me understand the economics in that. Affordability is not the issue for me, at the end of the day the deal needs to make sense...and certainly this one doesn't (paying 49% and MF of .00141).
As for an 09, I need the sports package to kill the terrible wheel gap, there are NO Prestige with Sports available nor have there been for the last 3 months - trust me I have contacted 30 dealerships.
#20
AudiWorld Senior Member
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Exactly, I think he needs to reconsider especially since the 2010 will be the most refined C6 of the series, the top of the mark...IMO, switching to another car regardless of which one is a step in the wrong direction.