Current A4 Special Edition Lease...Thoughts?

Saw this offer, and I think I might jump on it.  I'm looking to pick something up this month, and have been looking for a few months.  Came down to an S60r, A4, or G35.

This lease deal is pretty tempting...$399, 10K miles, $0 down except for taxes/title.

Went to the dealer, drove her around, and had a blast.  They even had one loaded exactly how I wanted with the convenience packge, nav, and black on black.  Upgrading these options and to 15K miles per year, comes out to $2,500 down and $538 a month.

What do you guys think of this?
 
Also, they're offering the service package for $650.  Good deal?  Bad deal?  Worth it or not?

Umm..Thats not tooo great...I just leased a white 08 a4 special edition quattro with full S line/interior. Everything included except navi. im paying 411 a month for it. Oh, and i got the titanium package with the 18'' 15 spoke rims. I think if you look a little further you might pull a better deal..

Thanks for the reply/info.

How many miles on your lease?
What did you put down?
Was it this current promotion I'm talking about, or was it there regular lease offer?
How'd you manage to get the Ti package on the Special Edition?  Did you ask them to install it, or did they have one like that?

Sorry for all the questions!!
 
Oh, and since I'm new to leases...I'm not sure how this works, but can you ask for extras?  How do you look around for leases?  I thought the lease deals were dictated by Audi and it is what it is, I didn't know there variances for the same vehicle?
 
Also the convenience ($2,100) and navi ($2,100) add a bit to the lease.

They gave me 10000 miles a year... I put down 2000. Im not sure if it was the same exact promotion. The dealer i went to didnt have the one i was looking for, so they did a trade in from another dealer. The Ti package was already on the car, but im sure you can always add it to one if they dont come with it. Last i checked the package was around 500$ and they come with Pirelli P6's. I got really lucky with mine cause they arent that easy to find in manual. Im leasing the car for three years. You dont end up paying the whole car which is around 38K$, instead you pay around 22-24K$ by the time your lease is over. Usually for every extra 1000$ worth of packages to the car it adds about 20$ a month to your payment. They can give you a way better deal, they just chose not to sometimes..For 675$ a month i could have gotten a manual 335 fully loaded, which is a much faster car obviously. At first i was looking for the new S4..but they were marking the price up wayyyyyy to much. It all depends on luck man, if i were you id try to get one towards the end of the month, they give you much better deals then because of the fact they want to make some more commission before they get their paycheck. Which dealer did you go to?

I'd wait for the 2009 (B8) to come out and look for a lease then, or better yet buy a B7.  The prices probably won't bottom out immediately, but look for dealers with extra B7 stock to want to move 'em. 

OUCH!!

Here's what they're asking now:
 
Black on Black
2008 A4 2.0T Quattro Special Edition (gives rims/sat radio/heated seats/sun roof/s line exterior/sport interior/ipod (rather have the cd changer to be honest))
Add Navigation Package ($2100)
Add Convenience Package (2100)
Add Maintenance Package ($650)
Add miles to 15K per year from 10K
Residual at about $19K at end of lease.
 
$538 a month, $1K down sign and drive (Audi pays first month lease, waive security deposit, etc)
 
What do you guys think?
 
I may offer them $511 a month and ask for free winter mats.

What are you guys thinking putting money down on a lease?
 
You need to look at what a lease actually is before you hop into these deals.  Putting $2500 down on a lease is just buying your monthly payment down up front, that is it.  Imagine you rented an apartment and the landlord said "Well, rent is $1500 a month, but if you pay me $2000 right now, it will only be $1300 a month!"
 
As you can see, that is pretty damned stupid.  Not to mention, if anything happens to that car, you just lost $2500.  Just think how pissed you would be if you wrecked it a month after buying it.  Not only do you not have a car (since insurance will pay Audi Financial for it), but you already pissed away $2500 to buy your payment down, and you aren't getting it back.
 
Never, ever, ever, ever buy into those payment buydown deals.  They are complete bullshit.

I've been looking at doing a lease as well.

The A4 2.0 T CVT Special Edition is $31,825 for $399 or monthly payment of 1.2537% of the vehicle price
The A4 2.0 T quattro Special Edition is $34,100 for $419 or monthly payment of 1.2287% of the vehicle price
The A4 Cabriolet 2.0 T CVT   is $41,275 for $479 or monthly payment of 1.1605% of the vehicle price
The A4 Cabriolet 2.0 T quattro  is 43,375 for $499 or monthly payment of 1.1504% of the vehicle price

Just calculate the percentage of the price to make sure you are still getting the same/similar deal when you add on the options. Changing the mileage will increase the percentage.

Yes, not having to put any money down makes these deals sweet compared to the other lease deals for BMW, Mercedes, etc...

All you need to worry about is the residual value and the money factor in a lease.  Audi's have a pretty damn good residual compared to other vehicles. 

They do have a pretty good resid value, but not worth $500+ a month.  Even if the buyout price at the end of the lease accounts for the higher monthly rate paid over the term.
 
Be patient.  There's plenty of B7 stock to choose from and you can get a much better deal.  500 a month is too damn high. (I've seen lease offers in my area and on this site for $300)

If you must lease...Check out the specials on Audi's site.  $0 down on an A4 SE and $399 a month.

My recommendation...
Hit the dealerships and check out the CPO specials in your area.  If you're gonna put money down for a lease, then why not put it down to own instead. Yeah, it may be slightly used but you can get a lot more car for less in the long run.  (fully loaded baby!)  You can also haggle when your're gonna buy. 

I just did a CPO search in my area (Boston) and came up with 40 2.0Ts with price ranges from $20k to $34k.  Find something for say $23,900, put $4k down and finance the rest...you're looking at $418 a month based on Audi's standard 5.9% financing.  Up the downpayment a little and you're sub $400 a month and you own the ride.

ya thats exactly what i did, it is way better than leasing a vehicle... plus if you wanna do any type of mods to it you dont have to worry about second guessing yourself cuz you might turn it back in at the end of the lease

where do you find the money factor 2ndGen? I'm not interested in keeping the vehicle after the lease so the residual value doesn't help me.

Well it should matter, the residual value is what the car is worth at the end of the lease term and you are paying the difference in depreciation. 
 
Ask the dealers finance guy about money factor, it is basically interest. 
 
And again, it all depends on what you are looking for.  I just leased mine, and I am below $500 a month.  I also got the S-Line interior package, sport suspension, ipod connector, Audi Care package, Quattro, etc.  The numbers make sense for a $36,000 car, right around $500 is where you should be at.  That is, if you get one loaded.
 
The thing about leasing is, you have no worries whatsoever.  I make my monthly payment and don't have to do **** other than drive the car and put some mods on it if I want (but remove them before turning it in).  I don't have to deal with the outrageous maintenance costs because it is all covered, I don't even have to be particularly careful with the car.  I drive it, I pay the insurance, and in 3 years I get a brand new car.  Not only that, but I don't have to deal with the hassle of selling the car that I purchased, possibly be stuck with a car that is worth less than I owe, etc. 
 
Leasing is the way to go, by and far.  Unless you really love a particular car and plan to keep it forever, or you just can't afford something new, then I would recommend a lease.  This way, I can go ahead and purchase the 993 I've been wanting and use that as a weekend car.

2ndGen - thanks. 

I agree on leasing. 

Anytime.  If anyone else has any financing questions, feel free to ask.  I am a banker after all :D.

Just took a 36 month 10k/yr lease out on an 08 A4 special edition myself blk/blk $399/month only paid tax at the dealer
 
everything else 335, CTS, IS350 wanted at least 3k down and I'm not about that lol

That's because the residual values on those cars suck, especially Bimmers. 

Hi guys, this So Cal Audi dealer made me this offer, what do you all think?

Audi A4 2.0 T CVT, Special Edition w/ Nav and Convenience packages and Bluetooth
MSRP: 36,525
Selling price: 33,425
Residual Value: 18,718 (53%)
MF: 0.00002
36 months / 45,000 miles (only 35 payments needed, first is covered)
Monthly payment: $425 + tax
Due at signing: $340 for CA DMV fees

thats not such a great deal, my friend just got a 2008 A4 fully loaded black on black with DSG tranny,s-line package, convenience package, heated saets, navi, blue tooth, top of the line. He pays 435/m tax INCLUDED and zero out of pocket. no fees for dmv no thing, just 0.

well it looks like your friend got a hell of a deal

Hey Virus, what city was that deal found in? How long was his lease term, and how many miles anually was he allotted?