illineye

Hello all. I'm an apologetically long time lurker. I recently turned in my leased 2003 A4 3.0 quattro. I've had my eye on the MK2 3.2 for a very long time now. In February I put a deposit down for an early delivery TT with a MSRP of $51,460. The salesman called me today and informed me that the car was loaded on a truck at the port on Monday and should arrive on Wednesday or Thursday. Now for my dilemma. I need to lease again due to my business and need some advice/input on negotiations. I live in Illinois which is one of the worst states to lease in due to having to pay tax on the entire cost of the car regardless of usage. I'm a repeat customer and assumed a little help on the MSRP to make the payments manageable. With NO money down and 3yr/45K I'm being told $955 a month! I laughed at first because I thought he was joking but he was dead serious. He basically said MSRP was the price. Now don't get me wrong, I know with this car being brand new paying MSRP is not to be unexpected. However with that monthly it mentally doesn't make sense knowing I can get so much more car with another make i.e. BMW. The downside is I really long for the TT. I've read posts in this forum stating people getting a discount off MSRP. Is it worth my time to press for a better rate? Approach another dealer? Or should I give up for now on the TT? After driving the A4 (first Audi) I'm hooked on the Audi brand. I like the fact the TT is sporty yet can be a daily driver. I really don't even have another car in mind at this time and I'm currently driving a rental. Any input from you leasers out there would be greatly appreciated. Again, I apologize for posting only when I need something. I hope from now on I can add to this forum since I have driven both the 2.0 and 3.2 and hopefully will own one.

Thanks in advance

JeffreyTT

Audi Financial Services Lease Programs - Effective 4/6/07

2007 Audi TT 2.0T Coupe
24 Month - Residual 65% of MSRP - .00190 Base Rate
36 Month - Residual 56% of MSRP - .00190 Base Rate

2007 Audi TT 3.2 Quattro Coupe
24 Month - Residual 63% of MSRP - .00225 Base Rate
36 Month - Residual 54% of MSRP - .00225 Base Rate

2007 Audi TT 2.0T Convertible
24 Month - Residual 64% of MSRP - .00190 Base Rate
36 Month - Residual 55% of MSRP - .00190 Base Rate

2007 Audi TT 3.2 Quattro Convertible
24 Month - Residual 63% of MSRP - .00225 Base Rate
36 Month - Residual 54% of MSRP - .00225 Base Rate

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

I also think that adding Audicare gives an additional 1% on residual.

illineye

They're actually not padding the rate of 5.4% (.00225) and giving the standard 54% residual. Using a lease calculator and incorporating $3500 in taxes I'm coming up with $941. I'm sure that there were some costs that he didn't elaborate over the phone. You're right about the Audicare and 1% increase in residual.

StarFlare

JeffreyTT,

Where can I find these numbers for different models?

Thanks.

JeffreyTT

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