EuroCK

What are your thoughts on the following scenario? Currently have 2005 A6 3.2 with 49K. This is currently being leased. I have gone over my mileage by 12,900. My lease ends in May and I'm able to get out of my lease within the 90 day period. I have inquired about leasing the new A5; however my sales agent is telling me the monthly would be around $800-$900 what the F%$*?

What are your thoughts on leasing or financing? What are some of you paying per month on the A5? Don't have to much money to put down but willing to pay about $650-$700 per month.

Also has anyone experienced early return in on a lease and Audi taking the hit on mileage over?

Thanks

Misplacedyankee

Your out of luck trying to get down to those numbers with the extra headache of handing in a car with 12900 miles over the lease allotment. Would have been one thing if you were over by 2000 miles, but 12900 is a lot on these cars - In many cases thats more than 1 year's total allowed miles. Your also dealing with a car that the dealers aren't really discounting. If they could offer $2-3K off MSRP you might be able to wash the mile overage.

Sorry. Wasn't trying to be mean, but thats the likely reality. Good luck.

Angel B7

I just placed an order last Friday for my S5, phantom black/magma red and navigation. Here are the numbers from my dealer:
$56,215.00- 36 mo., 12,000 mi./ yr., $1600.00 total out of pocket=$869/mo +tax

They have an allocation and claim I should have the car in 90-120 days. My regular dealer in another part of Florida tried to quote me $1200 per with $4k down! I called around and found what appears to be a very ethical dealer on the West Coast of Fl. I have a commission number, let's see when I actually get the production date. Fingers crossed.

Andrewaw

Sounds like a very good deal. I ordered mine in January and have been given no such promises... oh well, guess I will keep waiting.

Are you sure you are going to get a 2008? sounds like that time frame may be a 2009, and I would be surprised if they can guarantee taht price? Hope they do though!

Good luck!!

bks5

wow thats really good actually... what numbers are you getting? money factor? residual? thats liek the price for an a5 around here

icehawks18

as i have posted, i got a pretty good deal with US Bank. Zero down (833 out-of-pocket), and $833 a month on my A5 with Cap-cost of $49175. This was significantly lower than $980's that AFS was offering. this is also INCLUSIVE OF TEXAS TAX which much be paid at inception (either cash or rolled in), of 6.25 %. US bank was aggressive and paid 5% of my 6.25% tax.

Generally speaking, the reason the rates are so bad, is because of a high MF (money factor, the APR expressed for a lease), and a LOW residual. Bad news if you simply want low payments, good news if you think you MIGHT buy the car at lease-end.

most people will STRONGLY recommend against paying cash down for a lease - why LEND your money to a bank who is going to charge you interest anyways? better to take whatever down payment you are looking at putting down, and investing that money and offsetting (or profitting) over the APR you are paying onthe car. obviously that means higher payments, but it's worth it to pay more and be paying less in the long end.

That being said, with Zero down, there's NO WAY you're going to get CLOSE to 600's or 700's on the A5. there's just NO way.

BMW's 335's are much much much better leases because of a higher residual and lower MF, and with Zero down, you will get a rock-bottom-price of $740/month on a $49,100 sticker (same as my A5), and that's if you can find a dealer to go $750 over invoice with no MF/MACO markup and no dealer fees. if you are looking for one, let me know and i can refer you

icehawks18

the major difference between AngelB7 and the rates i mentioned below is TAX (6/25 in Texas on $56000 = another $100.00 per month. making your payments about $969-$1000. (depends on your state whether they are paid monthly or rolled+interest added).

However, Angel obviously got a better deal on Money Factor and/or residual, since my $49175 A5 payments through AFS were coming to $980/month with tax rolled in.

Angel: did you take into account the Gas Guzzler tax?

cowts

I think you should check out leasecompare.com. They can get you the same deal by shopping banks.

Best deal for a comparable $56,215 on leasecompare.com is:

MF .00212 with 56% residual for 12K/36 mo. Zero down is $900/mo. With $1K cap reduction (which I'm estimating is the case with $1800 out of pocket), the best monthly is $870.

Angel B7

My car came out to $56,215 and that includes gg and destination. My only options were the paint, carbon trim and navigation. I was actually pretty shocked myself when they quoted me. They actually have a black on black loaded S5 on the boat but that is spoken for, if it falls thru I will ****** it up. I am a little about a price increase with the whole euor v $ debacle. My salesman also told me that he expects the lease will better by the time the car gets here due to increased residuals..

STaSISnRI

What is the Comm. Number I can Look it up for you