skeezer782

need some expert advice! im happy to get it under 700 with nothing down but can i get further?

heisnuts

Wow, you did not provide a lot of info. Items that would be helpful are:

year and model
premium plus or prestige
options you want on the car
credit score range
term of loan or lease you are looking at

For example, you could easily get a 2018 A5 Sportback Premium model with no options on a 48 month lease with no money down and an 800 fico score for well under $700 a month.

Edit: I see you beat me to it....

heisnuts

Are there any other dealers in your area and have you talked to them about maybe a better deal?

I am not an expert on leases, but you will find a lot depends on the selling price of the car, the money factor they are using for the lease and the residual amount at the end of the lease.

skeezer782

this guy has been pretty significantly lower

heisnuts

Well, there you go. It sounds like you have a motivated dealer and it really comes down to how you feel about the deal AND the car. I have always believed it is better to spend a little more (assuming it is in the budget) and get exactly what you want rather than getting something else just because it is a better "deal".

skeezer782

for sure, and finally got the sticker i wanted: just never hurts to compare to what other people are seeing in their areas

scoopman

You can search to learn more, but I'm not sure OP is thinking about the right things if just focused on the monthly payment.

This is exactly what the dealer wants you to focus on.

You have to know the money factor (= interest rate) and the residual at the end of the lease. Residuals for these cars appear to be much higher than the anticipated market value at the end of the lease (over 60% resid, Audis generally hold ~ 55% after 2-3 yrs), so these leases are not objectively "a good deal".

However, if you are okay with actually paying more for the benefits of a lease, go ahead and just focus on the monthly payment.....

PS -- benefits being only wanting to keep the car 2-3 years, not drive it much, need to keep it stock and pristine, wanting a low monthly payment. If any of these are tradeoffs you are wavering on, the lease terms I've seen for A5/S5 have really not been good compared with financing.

skeezer782

yeah, ive always been a leaser do my own financial imperil. but thanks, waiting on those figures back.

BreedsAs

Seems like a good deal with the information you furnished.
I am a bit confused about the trade allowance ($1000) and rebate ($750).
What are they for because it does not look like you are actually trading anything. Also, I thought the Sportbacks were not eligible for any rebates/

19hole

Looks to be about a 7.5% discount from MSRP before any rebates, that is pretty good as there is really only 6% in the car. I would not put any money down on a lease as you really don't get it back anywhere.