AudiSTL

I went to the Audi dealer this past weekend...maybe thought I'd trade out of my current 335i....2011 A4 Premium Plus, no money down (plus $1000 off for some dealer incentive to get someone out of a BMW/MB into an Audi), ~ $38,000, 10k mi year lease....600/month for 36 months! A month! I've read on here that Audi lease rates usually aren't as good as BMW, but that just seems insane to me.

UmIsThisThingOn

Yeah, my lease numbers weren't that good either.
I decided to buy and just deal w/ the depreciation if I end up selling in a few years.

jperryrocks

On a $38,000 car with no money down, $600mo is not unreasonable. The 399mo A4 national lease ads are with 3500 down or so. So when you put no money down on a car pushing $40,000, I'm not sure what your expecting.

BMW is the same way for 2011 models. BMW can no longer subsidize leases the way they did they did in the past. Go back to your BMW dealer and ask to run a lease on a 2011 model comparable to a premium plus A4 Quattro.

The party is over for BMW owners who leased cars for super cheap in the past.

BMW lost untold millions of dollars on lease charge offs with those ridiculous high residuals that gave customers stupid low payments.


You'll have to get back to reality when your 335 lease is up.

Jay 4R

^^^This.

AudiSTL

I guess I expected something in the $450 range...Oh well, what I expected was obviously different from today's economic reality...that being said, the test drive was great and I was more than surprised/excited with how well the 2.0T engine pulls...

tgdA4

Yes, lease rates are pretty high for Audi's right now. My last 2006 A4 2.0T was about $37k, and leased for $468 (no money down, 36 mo, 12k miles).

Then when I leased my current 2009 A4 it came to $844 a month (no money down, 36 mo, 12k miles). Granted this time around it stickered for nearly 50k, being a loaded 3.2, but still excessive for an A4. If I had known that the S4 would be similar money, I would have waited a year for it to come out.

Next time around I may consider buying instead of leasing.

jperryrocks

You can lease a 55k S4 cheaper than that, now.

450mo with no money down on a 38k car? Most residuals are low 50's % on a 39 month lease. Very unrealistic to expect that in the market, now.

Mercedes Benz is advertising a bottom end GKK with an MSRP of $38,000 for 459/mo - with $4600 due @ signing.

At least Audi's are holding their value really well. You can but your Audi off lease for cheaper than dealers can even buy cars at auctions at times.

The 1 bad thing about those stupid high residuals is that you better not change your mind or ever have to sell your car for pesonal or family reasons. You'll NEVER get out of that lease and you're stuck with that car.

People want to buy $40,000 cars and put no money down and let everybody take the heat for lease end values. We're spoiled at what we can lease cars for here in the US. We've all got to get just a little more realistic.

The free ride is over w/ the bank and the manufactuer picking up the tab.

irenesbob

These rates seem very high to me. In June '10 I leased a 2010 A6 Premium Plus for 42 months. No money down, AudiCare, lease excess wear insurance and 8.375% Sales Tax all rolled-in and 12,000 miles a year. The only cash up front was the Bank Fee ($750 I think). Monthly payment for all this is $707, for a car that listed for a bit over $52,000 with a sell price of $49,600.

When I was dealing on this car I also looked into 2010 A4's and a Premium Plus Tiptronic with wood interior trim, metallic paint and a few other things like floor mats was $535 for 42 months, no money down, Audi Care, sales tax, etc. (same as my A6). In addition the dealer took in my 2008 A4, bought it outright and paid the last four monthly lease payments for me. I keep my cars like they are always brand new looking and they wanted a clean 2008 A4 for their lot.

av_audi

If you are willing to keep a car for 6 years, it is always a far better deal than leasing.
Someone mentioned $600/mo for a $38K car for 36mos and 12K/year. If you do two such lease cycles, you end up paying $43K for driving at most 72K miles. If you outright buy the car for $38K and drive it for six years and 72K miles, how much do you think it will still be worth? How much do you think you would have spent on maintenance and repairs? It is basically a no-brainer in my book, assuming you are willing to keep the car for 6 years.

Davisjl

Not only that... those people that come to the table with 2 and 3k for cap reduction cost are crazy... Money is much better used to help pay the lease over the term of the lease than it is to pay up front. If you total the car, you lose that cap reduction as the gap insurance only covers the difference in what's owed and car value. It doesn't cover any moeny you've put down to lower the capitalizaiotn cost.... Bad bad move....