Year, Make, Model, and Trim: 2018 Audi A4 Premium Plus
Location: NJ
Great short term lease - 13 months with 1519 miles per month!
MSRP: 48,025
Monthly payment (pre-tax): 482.79
Effective monthly payment (if incentive is provided): AFS holds the original owner liable for any missed payments, etc. I am requesting a $5500 one-time payment for the remainder of the term to AFS. This includes a $776.27 incentive.
Current mileage: 16,250
Maturity mileage: 36K
Effective miles per month: 1519
Maturity date: 09/01/2021 (September 1, 2021)
MSD due (if any): 0
Cash due (if any): 0
Incentive for new lessee (if any): $776.27 will be applied towards the one-time payment
Financial institution: Audi Financial Services
Transfer fee: $450
Out-of-state transfer allowed (yes/no): Yes
Vehicle condition (accidents, tire wear, etc.), options, and other details: Excellent condition. Car comes with Audi Lease End protection coverage ($50 transfer fee).
There’s 13 payment left for this car (482.79 x 13) $6,276.27. I’ll apply a $776.27 credit if the transfer can be done prior to August. This will essentially bring the cost down to $5500 + transfer fees. You can enjoy the car until September, 2021!
if for any reason the car gets totalled before lease completion, will Audi refund the remaining months lease payments ?. Every bank or auto manufacturer has their own rules especially reg leases, hence asked.
Cannot transfer in final 12 months of lease. Family members may transfer up to 6 months remaining on lease. This lessor does not permit lease transfers to be brought into or remain in Colorado, but leases originating in Colorado may be transferred to other states (September 2013). As a result of COVID-19 this lessor is temporarily not processing lease transfers.
I just spoke with a rep at AFS. They’ve resumed lease transfers, but it could take a few additional weeks for the entire process. This lease is eligible to be transferred.
Just spoke to a rep on this. Yes, they would refund any additional payments made after the vehicle is deemed a total loss by the insurance company. I requested a document showing this, but they said the new lessor can call AFS for confirmation.
Yes, that’s what I meant to say. They will release any prepaid payments. Please feel free to call and confirm with AFS as I don’t have any documentation on this. They said it can be confirmed over the phone.
