Joe-2008-S-Line

My 2008 3.6 s-line is due in this week and based on the September rates they tell me my monthly payment with be $750 per month. This includes all taxes and $5000 out of my pocket. The purchase price we agreed on was about $56,000 and the lease is 36 months at 10,000 per year.

I know the August and September rates were very high and I am going to wait to see wnat October brings before taking delivery. But the $750 sounds high and I wanted to see how this compares to other out there who leased an '08 recently.

Thanks,
Joe

CarGuy2

The $5,000.oo out of pocket sounds crazy high IMO -

Houstonmobilian

I think it sounds reasonable based on the special lease Audi has right now.<ul><li><a href="http://www.houstonaudidealers.com/audi/regional_aoa/houstonaudidealers/Audi_Q7_Special_Lease_Offer.html">Audi's Q7 Special Lease</a></li></ul>

Joe-2008-S-Line

Do you think the payment is high considering the money down? It's really not that much when you look at where it is going. This is what Audi assumes from thier website when they post lease monthly payments:

Down payment: $2,500
Refundable Security Deposit: $600
Acquisition fee: $575
First month's payment: $578
Amount due at least inception: $4,253
EXCLUDES TAXES, TITLE and DEALER FEES

My deal includes taxes, title and dealer fees.

Midnight Blue

The best way to evaluate a lease is by providing the following information:

1. MSRP of vehicle
2. Negotiated price of vehicle
3. Lease term
4. Residual Value
5. Money factor
6. Cap cost reduction (your money down against purchase price. not for startup costs)
7. Miles per year
8. Specify any additional costs that are being rolled in to the lease such as tax, Audi Care, etc.

Leasing is just mathematics. The two most important items are:

1. Are you getting a good discount on the vehicle? The very first thing you do is negotiate price.

2. Are you getting the best money factor? Is the dealer giving you the buy rate or something higher?

So I would ask you this... How much above dealer invoice are you paying and what is the money factor?

Millennium

http://www.leaseguide.com/calc.htm
This is very easy to use. You need to know purchase price, money factor, residual. Also you can calculate with specific money down, tax included or not etc.
Money factor and residual you can find on the web. One of the site is here: http://www.carspace.com/csItemGroups/section.makes/item.Audi. Go to Q7, lease questions. Carman is the moderator who can/will provide you these or you can find this already published there.

Sachsi

Adjusted for the cost and capital cost reduction difference your numbers sound about the same as mine. My money factor is equivalent to about 1.7% APR, clearly below inflation.
Make sure you negotiated a good sale price and go for it (you may want to capitalize those 5K. Leases with money down make no sense, especially with Audi's subsidized interest)!