Hey Guys,

Just leased a 2007 Deep Sea Blue A4 6 Speed Quattro after reading this site from 12am to 6am last night =). Since this is my first leased vehicle I learned as much as I could but there are allot of number on this lease agreement. What numbers do I need to post so you guys can look over it and reassure me that I got a good deal?

Thanks!

-Chris

 

2007 Audi A4
2.0T quattro 4dr Sedan AWD (2.0L 4cyl Turbo 6M)

OPTIONS:
WPX Premium Package
PPX Convenience Package
-- Metallic/Pearl Effect Paint

$32,834 for the car
$2600 down ($1196 of it is capitol reduction)
24 months, 15K/year
$396.44/month

 

I have no clue about the lease but welcome to the forums and it sounds like a pretty nice car

 

Thanks

I'm looking into chipping it after the break in period. I can't believe you can get 50hp/torque for $500!

 

I don't know anything about leases but for $400 bucks a month that sounds pretty good for a brand new car. the 15k a year miles should be much of a restriction.

The color sounds hot, get us some pics.

 

For sure... I'll post up some pics. I'm actually waiting on the car to be delivered to me in the Bay Area. It's coming from the port in San Diego. Hopefully it'll arrive this week because I'm getting anxious!

 

2007 Audi A4 2.0T Quattro 200 HP 6 speed

Base: 30,340.00
Exterior Deep Sea Blue Pearl Effect 475.00
Convenience package 2,100.00
Premium package 800.00
MSRP: 33,715.00


Gross cap: 32,834.50 (price of the car)
Cap reduction: 1196.66 (my down payment towards making the car cheaper)
Adjusted cap: 31637.84
Residual value: 25137.55 (this is the purchase price if I want the car at lease end)
Depreciation: 6500.29 (the difference between adjusted cap and residual)
Rent charge: 2289.23 (interest)
Total of base monthly: 8789.52 (depreciation plus rent charge)
Lease payments: 24 months
Base monthly payment: 366.23
Tax: 30.21 (CA 8.25%)
Total monthly payment: 396.44
Total payments: 12068.13 (monthly payment x 23 months + total down of 2600.01 + turn in fee of 350.00)


Down payment explained:
Cap reduction: 1196.66
Taxes on cap reduction: 98.72 (you would pay these even if you did $0 down and the cap reduction was rolled into the monthly?)
First monthly payment: 396.44
Acquisition fee: 575.00
License fees: 277.00
Sales tax: 47.44 (for what?)
CA tire fee: 8.25
Total: 2600.01


WOW, that's allot of numbers but I think I am understanding things a little better now that they are on the computer and not this lengthy consumer lease agreement =). Anyway, how did I do, what points of the lease could I have worked on more if all?

Holy crap, my residual was like 75%?

 

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.