Observed lease details?

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pjanisch

Member
Joined
Feb 7, 2016
Messages
12
For everyone that has leased an e-tron so far, what are the details of your lease?

Here is what I quoted yesterday and it didn't see he would go much lower

Premium plus 17" wheel package, so MSRP around $41k
36 month, 15k miles/year, $503/month with $3k down

Seems a little high for the base model with just upgraded tires when they are leasing 2.0T A3s for $300 - 350/month.
 
I got a prestige with sport package, base price ~$48k, 36mo, 15k/yr for $638/mo. I think the high lease price has a lot to do with the low residual value that Audi gave the car. I would guess the car will be worth more after the lease period and it would be possible to make some money back by purchasing and selling it.

All that being said I'm getting about 600 miles per 10 gallon tank so with gas savings even as cheap as gas is, it's making a huge difference
 
I got the Prestige two weeks ago:

MSRP $41,900 (incl destination)
down $2,222
monthly $495 x 35
10,000 mi/yr

Really like the car but didn't drive it much. Was delivered with the general warning light on which ended up being a faulty hood latch. Car has been sitting in service for nearly a week waiting for techs talking back and forth with headquarters about how to proceed with the repair. :(
 
RKD2":d6ulfh1p said:
I got the Prestige two weeks ago:

MSRP $41,900 (incl destination)
down $2,222
monthly $495 x 35
10,000 mi/yr

Really like the car but didn't drive it much. Was delivered with the general warning light on which ended up being a faulty hood latch. Car has been sitting in service for nearly a week waiting for techs talking back and forth with headquarters about how to proceed with the repair. :(

Where in the USA do you get a Prestige A3 e-tron with MSRP of $41,900? MSRP starts at $46,800!!!
 
Whoops! Sorry, meant to say Premium.

Options were heated seats, roof rails, homelink,
also steel pedals, all weather floor mats, first aid kit which I didn't want.
 
Spoke to another dealer close by and got a little better of a deal:

MSRP $41,495
Down $2,300
Monthly $499 x 36
15,000 mi/yr

Also willing to buy out the last 3 months on my Ford Ford Electric, effectively bringing the down payment down to $1,500
 
pjanisch":3n31fwx1 said:
Spoke to another dealer close by and got a little better of a deal:

MSRP $41,495
Down $2,300
Monthly $499 x 36
15,000 mi/yr

Also willing to buy out the last 3 months on my Ford Ford Electric, effectively bringing the down payment down to $1,500
Does this include tax, license and registration? Or do you pay for those extra?
 
bruintoo":jwrn816n said:
pjanisch":jwrn816n said:
Spoke to another dealer close by and got a little better of a deal:

MSRP $41,495
Down $2,300
Monthly $499 x 36
15,000 mi/yr

Also willing to buy out the last 3 months on my Ford Ford Electric, effectively bringing the down payment down to $1,500
Does this include tax, license and registration? Or do you pay for those extra?

Yes, those are out the door. Pretty good deal in my eyes, right?
 
I was happy with my deal above and a broker negotiated it for me. Yours looks pretty close. Only thing is note that my down payment also included the 1st month payment (hence the "x 35"). The broker also called me back the day after I accepted the lease and he said a new $750 rebate just came out and they credited me with it.

However I'm only allowed 10,000 a year compared to your 15k. Not sure what the difference in cost would be. Also I prepaid the 3 years of the lease and they discounted $2200.
 
Pulled the trigger tonight

Went with the premium in Florett Silver with the 17" wheel package and navigation plus package; MSRP of $43,775.

With 15k miles/year was able to get out the door for $1608 down and $530/month.
 
Hi, thanks for sharing your lease details.

Can you tell us a bit more, such as

- where you're located, or your dealer?
- was your $1608 down in addition to tax/tag fees?
- do you know what money factor/residual they gave you? I've been quoted a 5.2% equiv money factor (.00217) and 49% residual on a 36 month / 15k mile lease. This doesn't seem that great.
- did they get you out of the last months of your previous lease? I have a couple payments left on mine and am interested in doing the same - I'm over my contract mileage so these last couple months are much more expensive than just my payment.

Thanks! Appreciate your time.
Josh
 
jgenc":2bsik6e1 said:
Hi, thanks for sharing your lease details.

Can you tell us a bit more, such as

- where you're located, or your dealer?
- was your $1608 down in addition to tax/tag fees?
- do you know what money factor/residual they gave you? I've been quoted a 5.2% equiv money factor (.00217) and 49% residual on a 36 month / 15k mile lease. This doesn't seem that great.
- did they get you out of the last months of your previous lease? I have a couple payments left on mine and am interested in doing the same - I'm over my contract mileage so these last couple months are much more expensive than just my payment.

Thanks! Appreciate your time.
Josh

Here in Los Angeles, my lease is also based on 49% residual (MSRP for my Premium Plus is $43,585 and residual is $21,457. The equivalent money factor for my credit score for 36 month lease with 12K miles per year is 0.00241.

The only deduction I received for capital reduction of MSRP is $500 Audi customer loyalty as well as the $4,168 federal tax rebate.

-Ben
 
jgenc":3ah5v47d said:
Hi, thanks for sharing your lease details.

Can you tell us a bit more, such as

- where you're located, or your dealer?
- was your $1608 down in addition to tax/tag fees?
- do you know what money factor/residual they gave you? I've been quoted a 5.2% equiv money factor (.00217) and 49% residual on a 36 month / 15k mile lease. This doesn't seem that great.
- did they get you out of the last months of your previous lease? I have a couple payments left on mine and am interested in doing the same - I'm over my contract mileage so these last couple months are much more expensive than just my payment.

Thanks! Appreciate your time.
Josh

-Located just outside of Chicago and leased from the dealer in Morton Grove, IL
-They actually did buy me out of the last two months of my Ford Focus electric. So down payment was $2178 - $570 for last two month's lease. The $1608 included first payment, tax, title, license, and doc fees.
-Unsure of the residual value but it sounds like the 49% is normal.
 
Wanna share with you guys on my recently leased A3 e-tron here in OC, SoCal.

MSRP: $40,700 (USD)
Package: Premium (17" wheel package)
Lease term: 36 months
Drive off: $3,000 (including down payment, 1st month payment, licensing fee and other fees)
Annual mileage: 7,500
Monthly payment: $359.81 tax included (8%)
Money factor: 0.00146 (3.5% if translated to APR)
Residual value: 53%

Federal tax credit: $4,502 (applied to the selling price)
A3 e-tron is eligible for $1,500 mail-in rebate in CA. That will bring my out-of-pocket from $3,000 to $1,500.

Thought I got a good deal. Cheers.
 
This is is the $328/month lease that I posted in another thread. It's not for everyone with ONLY 7,500 annual miles! Hence the lower money factor.
darrenho":24hz0cbr said:
Wanna share with you guys on my recently leased A3 e-tron here in OC, SoCal.

MSRP: $40,700 (USD)
Package: Premium (17" wheel package)
Lease term: 36 months
Drive off: $3,000 (including down payment, 1st month payment, licensing fee and other fees)
Annual mileage: 7,500
Monthly payment: $359.81 tax included (8%)
Money factor: 0.00146 (3.5% if translated to APR)
Residual value: 53%

Federal tax credit: $4,502 (applied to the selling price)
A3 e-tron is eligible for $1,500 mail-in rebate in CA. That will bring my out-of-pocket from $3,000 to $1,500.

Thought I got a good deal. Cheers.

Here's my post:
bruintoo":24hz0cbr said:
Tycho":24hz0cbr said:
Has anyone seen the details for getting a $328 lease.
Here ya go!

Lease a 2016 Audi A3 e-Tron
Lease a 2016 Audi A3 e-Tron for $328* per month plus tax

Mckenna Audi Request Info

36 month lease
7,500 miles per year
$0 security deposit
$328 per month plus tax
$3,000 customer cash due at signing
One at this offer, VIN 088185

*Offer valid only at McKenna Audi. Closed end lease for 2016 Audi A3 e-Tron for $328 per month plus tax for 36 months on approved tier one + credit. $3,000 due at lease signing after application of Audi Acquisition of $750. Must be 2001 or newer BMW, Lexus, Mercedes Benz, Acura, Infiniti, Toyota, or Honda. Includes 1st payment, $0 security deposit, tax, license and fees. Drive off example based on the current Los Angeles tax rate and actual amount may vary. 7,500 miles per year with $.25 per mile thereafter. Offer expires 3/1/16.
 
Dang! Thought I got a good deal. Obviously I didn't do enough homework.
I got my A3 e-tron from a different dealer tho.


bruintoo":3juept4e said:
This is is the $328/month lease that I posted in another thread. It's not for everyone with ONLY 7,500 annual miles! Hence the lower money factor.
darrenho":3juept4e said:
Wanna share with you guys on my recently leased A3 e-tron here in OC, SoCal.

MSRP: $40,700 (USD)
Package: Premium (17" wheel package)
Lease term: 36 months
Drive off: $3,000 (including down payment, 1st month payment, licensing fee and other fees)
Annual mileage: 7,500
Monthly payment: $359.81 tax included (8%)
Money factor: 0.00146 (3.5% if translated to APR)
Residual value: 53%

Federal tax credit: $4,502 (applied to the selling price)
A3 e-tron is eligible for $1,500 mail-in rebate in CA. That will bring my out-of-pocket from $3,000 to $1,500.

Thought I got a good deal. Cheers.

Here's my post:
bruintoo":3juept4e said:
Tycho":3juept4e said:
Has anyone seen the details for getting a $328 lease.
Here ya go!

Lease a 2016 Audi A3 e-Tron
Lease a 2016 Audi A3 e-Tron for $328* per month plus tax

Mckenna Audi Request Info

36 month lease
7,500 miles per year
$0 security deposit
$328 per month plus tax
$3,000 customer cash due at signing
One at this offer, VIN 088185

*Offer valid only at McKenna Audi. Closed end lease for 2016 Audi A3 e-Tron for $328 per month plus tax for 36 months on approved tier one + credit. $3,000 due at lease signing after application of Audi Acquisition of $750. Must be 2001 or newer BMW, Lexus, Mercedes Benz, Acura, Infiniti, Toyota, or Honda. Includes 1st payment, $0 security deposit, tax, license and fees. Drive off example based on the current Los Angeles tax rate and actual amount may vary. 7,500 miles per year with $.25 per mile thereafter. Offer expires 3/1/16.
 
Can you live with only 7,500 miles per year?
darrenho":1tocpr3r said:
Dang! Thought I got a good deal. Obviously I didn't do enough homework.
I got my A3 e-tron from a different dealer tho.
 
Yes, I can. I have a '14 Honda Odyssey for the weekends or long trips, and a '14 Nissan Leaf for the wife.


bruintoo":2emu0xyr said:
Can you live with only 7,500 miles per year?
darrenho":2emu0xyr said:
Dang! Thought I got a good deal. Obviously I didn't do enough homework.
I got my A3 e-tron from a different dealer tho.
 
Hi guys,

Here's what I was able to do this week. San Diego area.

MSRP $47,250 (Plus, Tech, Sport packages)
Sell Price: $42,300 (about 10.5% under MSRP; this took a lot of comparison shopping)
Incentives: $6500 ($4500 Fed Tax, $1000 New Owner Acquisition, $1000 Western Region)
Acquisition Fee: $795
AudiCare: $895
Adjusted cap cost $37,885
36 month/15k miles/Residual 48% (note that AudiCare raises the Residual 1% effectively reducing its price to under $500)
Money Factor .00141 (higher than best available as a concession in negotation)
License/Tag/docs: ~$500
Tax: 8%
Monthly Payment (Incl. Tax) $548 ($508 without taxes)
Total Drive Off: $1,085

I will also get the California $1500 incentive, effectively reducing drive off costs to zero and reducing payment $11/month for the 36 months. So on net, $537 a month with $0 out of pocket.
 
Those extra $2000 worth of incentives are great. Never heard of the Western Region incentive. All I got when I my car early January is the Federal and Audi loyalty of $500 (so much for LOYALTY!!!). And 10% under MSRP? That's extra great. No luck here in LA area. And when people say $0 out of pocket, does that mean that folded tax, license and registration into the total cost?
-Ben
jgenc":1vz547ca said:
Hi guys,

Here's what I was able to do this week. San Diego area.

MSRP $47,250 (Plus, Tech, Sport packages)
Sell Price: $42,300 (about 10.5% under MSRP; this took a lot of comparison shopping)
Incentives: $6500 ($4500 Fed Tax, $1000 New Owner Acquisition, $1000 Western Region)
Acquisition Fee: $795
AudiCare: $895
Adjusted cap cost $37,885
36 month/15k miles/Residual 48% (note that AudiCare raises the Residual 1% effectively reducing its price to under $500)
Money Factor .00141 (higher than best available as a concession in negotation)
License/Tag/docs: ~$500
Tax: 8%
Monthly Payment (Incl. Tax) $548 ($508 without taxes)
Total Drive Off: $1,085

I will also get the California $1500 incentive, effectively reducing drive off costs to zero and reducing payment $11/month for the 36 months. So on net, $537 a month with $0 out of pocket.
 
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