Im working on a lease deal on a 2019 Audi s4… I brought the dealer down to 3000 down and 500/mo with tax. However he ended up making a mistake on the initial quote since he forgot to include the acquisition fee so he is throwing in the Audi term care for free ($1200) value. I will also add Audi care which adds an additional 13$. So $513 total with Audi care and term care. I was also thinking of purchasing lease protection for an addditonal $1600, is it even worth it?
39/10k
MSRP: 58,345
Selling price: 51,000
MF: 0.00005
Residual: 51%
Down: $3000 cash
MSD: $4500
$500/mo + $13 for Audi care
This is my first lease so idk what to expect, I asked another local Audi dealer if they can beat it they said they couldn’t as the price was already “aggressive”
I’m not familiar with Audi’s currently but you shouldn’t be putting any money down. This is effectively just shy of 600/month. Can’t comment on the others. As a general note, the residual is low and the money factor is high, so this will be a tough nut to crack.
Don’t put $3k down! That’s seriously the first rule of leasing. You are at $576 for a mid trim S4. That’s solid. You are at 1%. Sign.
Lease protection is literally lighting $1600 on fire. No. Notably with Audi, it only cover single incident damage under $1k. It prepaying $1600 to maybe save $300-400 you might be charged for scratches, but probably won’t be charged for.