Pricing and Lease Questions
#1
Pricing and Lease Questions
I am coming back to Audi after being with BMW for many years. In between the BMW's i did have an Audi S4 V-8 version. Great car. I would love to pull the trigger on an S8.
I am trying to find out what the lease values of these cars are? Can anyone share their experience leasing this car or at least tell me where I can find out what these care are selling for, money factors, residuals, etc. Also I am going to become a lifelong member of the Audi club. Will that give me the 6% reduction in the sales price? Any other incentives.
Thanks
I am trying to find out what the lease values of these cars are? Can anyone share their experience leasing this car or at least tell me where I can find out what these care are selling for, money factors, residuals, etc. Also I am going to become a lifelong member of the Audi club. Will that give me the 6% reduction in the sales price? Any other incentives.
Thanks
#3
Last month the deal was ....
Audi Financial Services' June buy rate lease money factor and residual value for a 39-month lease of a 2013 A8L 3.0 with 12,000 miles per year are .00009 and 46% for consumers who qualify for its top credit tier.
Audi Financial Services' June buy rate lease money factor and residual value for a 39-month lease of a 2013 A8L 3.0 with 12,000 miles per year are .00009 and 46% for consumers who qualify for its top credit tier.
#4
AudiWorld Member
Are you sure you don't have an extra "0" in that MF? That would be 0.216% APR--seems like a give away and I don't think Audi is that desperate to sell their cars.
#5
No extra zero, the MF is right, 0.00009. I think the residual for 12K a year is 48%, for 10K 49%, and it increases 1% because of the free Audi Care.
These are the terms for the A8L, not sure if they also apply to the A8 NWB or the S8.
These are the terms for the A8L, not sure if they also apply to the A8 NWB or the S8.
#6
AudiWorld Member
Wow--I've never seen a MF that low. That's like almost no interest at all. The residuals are a little low, but if you can participate in the sale at the end of the lease you might build up a little equity and get a rebate. Are those residuals for a 39 month lease?
Does anyone know the figures for an S8? Do they offer a 24 month lease? I should take delivery of mine next week and I would sure jump on a great lease deal especially since I can write off the payments through my business, which makes it an even sweeter deal.
Does anyone know the figures for an S8? Do they offer a 24 month lease? I should take delivery of mine next week and I would sure jump on a great lease deal especially since I can write off the payments through my business, which makes it an even sweeter deal.
#7
Thanks everyone for the information. If we can get some information on leasing an S8 and also lease info on a NWB A8 4.0 that would be great.
I have been looking at an S6, but seeing I can get a better deal on the A8's I might just do that
Thanks
I have been looking at an S6, but seeing I can get a better deal on the A8's I might just do that
Thanks
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#8
AudiWorld Member
I was at my dealer yesterday checking on the status of the delivery of my S8 (it has been pushed back a week--now supposed to be at the Port of Houston next Friday instead of this past Friday because it sat at the origination port for 10 days before it was loaded on the ship). I asked them what the current lease parameters were for a '14 S8 and they told me that the money factor is 0.00125 (3% APR) and a 36 month residual of 46%. I asked about a 2 year lease and the residual was only 48%--they justify their low residuals by saying that you build up some equity so you can get out of the lease early with no payoff. That is a ridiculously low residual for a 2 year lease. I don't think I will be leasing the car. The really hot lease deals right now are on the A8's--they really don't need to incentivize the S8's since they are so hard to get.
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