I just reached the halfway point on my Audi S3 lease. My family has officially outgrown the S3 with me being 6 ft 7 and a 3 month old baby who has more stuff than I do .
Car is in great shape, maintenance is included in the payment, and there is a $10,000 damage forgiveness on turn in included in payment.
Base payment is $503.51. Sales tax should be dependent upon the county in which you reside. No downpayment or anything like that requested. Car is in the bay area, California.
[2016 Audi S3]
MSRP: [$50,295]
Original Lease Length: [36 months]
Original Yearly Mileage: [10000]
Months Remaining: [18 months]
Miles on Car: [8472 miles]
Monthly Mileage Remaining: [1,196 miles]
Residual Value: [$28,165.20]
Base Payment Before Tax: [$503.51]
Options:
Maintenance included
$10,000 damage forgiveness on turn in (subject to some exclusions) included in payment
$575–Mythos Black Metallic
$2,600–S3 Technology package
includes CD/DVD player with hd radio, Audi MMI Nav with voice control, Audi MMI touch,
Audi side assist
$2,000–Black Optic Performance Package
19" 5 V Spoke design wheels in titanium matte finish
235/35 Summer tires
Audi Magnetic ride
Black Optic exterior kit
Exterior mirrors in body color
$1,250–LED lighting package includes LED headlights with LED DRLs and LED interior lighting
$295–HomeLink
$150–Cargo net
You’re going to have to offer a really significant incentive for anyone here to be interested. It is a pre facelift model and doesn’t meet the 1% rule once you factor in tax. People were getting 2017s in the 400s range. Nice looking car though.
Thanks for the feedback, Jananth1. I’m thinking the amount of miles available per month (nearly 1200), maintenance included and damage forgiveness, plus a shorter lease, will be a good fit for somebody. I suspect the 17s that were in the 400s didn’t have all that going in their favor.
It is a surprisingly quick car. I had an STI a few years ago that also had around 300 hp, but the S3 feels so much quicker. I left it completely stock, but for someone who is a little less risk averse/less of a chicken, an APR Stage 1 tune would give a good number of more expensive cars a run for their money.
Keep in mind Audis are known for leasing poorly, so hitting 1% is a little more impressive in that regard. Especially because OP is under miles. The hard part is going to be finding someone who is preferential to Audi and also willing to pay that premium for a 2-year-old car, rather than paying less for a new vehicle in the same class from another auto maker.
2017 Audi S3 with technology package- $444/month $444 after tax. Again I’m not trying to downplay the OP at all especially since his has some very nice options but I’m just showing what I’ve seen
Thanks for all the feedback on the lease. After doing some digging, I discovered that the original Audi lessee retains liability even after transfer :/. So I’m going to probably trade the S3 in on something, or just hold onto it.
I have a 2017 GMC Sierra 1500 Denali that falls well under the 1% rule that I’m thinking about posting instead (and no retained liability!) lol.
Thanks again everyone. Cool community we’ve got here.
Eep, could you provide a link to what you found? One of the options for me was figuring out to get into a new S3, but want to retain the option to transfer.