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FYI for those who wants to lease the new A3

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Old 06-21-2005, 10:14 AM
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Default FYI for those who wants to lease the new A3
AFS Captive Lease Programs â€" Effective 5/23/2005

2006 Audi A3 5dr Hatchback 2.0T Base

24 mo/15k mi - 62% residual â€" Money Factor .00250 Base Rate
36 mo/15k mi - 51% residual â€" Money Factor .00250 Base Rate
48 mo/15k mi - 41% residual â€" Money Factor .00270 Base Rate
60 mo/15k mi - 33% residual â€" Money Factor .00410 Base Rate

2006 Audi A3 5dr Hatchback 2.0T Luxury

24 mo/15k mi - 60% residual â€" Money Factor .00250 Base Rate
36 mo/15k mi - 50% residual â€" Money Factor .00250 Base Rate
48 mo/15k mi - 40% residual â€" Money Factor .00270 Base Rate
60 mo/15k mi - 32% residual â€" Money Factor .00410 Base Rate

2006 Audi A3 5dr Hatchback 2.0T Sport

24 mo/15k mi - 60% residual â€" Money Factor .00250 Base Rate
36 mo/15k mi - 50% residual â€" Money Factor .00250 Base Rate
48 mo/15k mi - 41% residual â€" Money Factor .00270 Base Rate
60 mo/15k mi - 32% residual â€" Money Factor .00410 Base Rate

Add 2% to residual for 12k mi/yr and 3% for 10k mi/yr
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Old 06-21-2005, 10:26 AM
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anyone have that link with the formula to figure out payments?
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Old 06-21-2005, 10:42 AM
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Default Here's a decent one
<ul><li><a href="http://www.leaseguide.com/calc.htm">lease calculator</a></li></ul>
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Old 06-21-2005, 10:48 AM
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nevermind, doesn't look like anything has changed, unless i'm and idiot
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Old 06-21-2005, 11:06 AM
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Default hopefully they'll release a lease deal on July 5th, would be great...
otherwise those residuals need to go up about 5% minimum and the money factor has to be cut in half!
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Old 06-21-2005, 11:51 AM
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Default Probably wont change much in two weeks..
with your 4k down you might want to consider traditional financing. Your payments will be close to a 36 mos lease v. 60 mos financing.
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Old 06-21-2005, 01:59 PM
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Default they change on july 5th again, so i'm being optimistic...
not buying the car, pointless for me tax wise.
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Old 06-21-2005, 02:22 PM
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Default Leasecompare.com seems to have pretty decent leases
.00194 Money Factor for a 48 mo/15K lease with a residual of about 41%.

Assumes total cost (including taxes, faxes, schmaxes) of $32K with $4k down and a credit score of 760.

Payments come out to $390.
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Old 06-21-2005, 02:25 PM
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Default that's still nuts, $4k down and $390/month...
assuming you have 760, which is rare when the national average is 670 and only 1% of the population is above 720. eeek!
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Old 06-21-2005, 02:48 PM
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Default Re: that's still nuts, $4k down and $390/month...
Well, using the average credit rating of 670 (I thought it was much higher than that) it comes out to $410 - no huge difference.

Look $390/mo is not bad. You won't find that from any foreign car manufacturer for this price vehicle.
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