looking to lease a CPO 2019 audi a5 sportback that was a loaner vehicle. the dealer has several with less than 5k miles that they are able to lease still. the following numbers were sent over. i feel like there might be room to negotiate as they are looking to move anything. have around 22 2020 models and 19 2019 models. any help would be greatly appreciated
Just skimmed the posts for the A5 Sportback, and other posters have gotten brand new A5s w/ a similar MSRP for the roughly the same monthly you’ve been quoted.
The discount is nice, but the MF totally destroys this deal. I’m assuming this is technically a used car, if it’s a CPO?
yeah i tried to go back on the MF and residual - MF “set by audi” and residual “changes with mileage”. they are identifying it as a pre owned so i am waiting to hear back. hoping for some help.
i said MF ~ .001 and resi ~55%
I was offered $450 month in FL for new including taxes With $1500 down (that’s $491 effective), 36/12, and 50% off Audi care ($500). Same year and MSRP. I’d say you have more wiggle room to negotiate. My deal was before 2020’s arrived.
Used cars generally don’t lease well b/c of the lack of incentives and such.
Have you reached out to any of the SoCal brokers or Audi dealers on the board to see what they can do for you on a brand-new car?
What did you base this on?
just looking at previous posts on 2019 leases that were around FEB and MAR
i have not yet i just started my search today
There’s 2 problems with that…
- Programs change monthly, so using the numbers from previous months don’t do you any good.
- Leases on used cars(rather than loaners) don’t use new car lease programs
understood. do you think there is room for improvement here?
I think you could get a new 2020 for that price.
For 36/12k
.00155 and 54% residual. Add Audicare and it’s +1% residual.
For reference, buddy of mine leased (well…awaiting to pick up with dealership closed) A NEW 2019 51k P+ for $510 including Audicare and only taxes, fees, acq., and first at sign (region: NJ)
I believe he said it was 16-17% off MSRP. I think you should be able to do better now but not sure on your region.
Does all of that apply only if the car still has lease support from Audi? I assume that a used car does not.
There is no value to leasing a CPO car. You’re not saving any money just because the used car price is lower than MSRP.
The 3rd party bank the dealer is using probably has a poor MF and definitely has poor residual on the car.
Just email Audi dealers in your area for new 2020 A5 Sportbacks with similar MSRP’s and add AudiCare to increase RV by one point. Probably best to look at Premium Plus trims as they tend to lease the best based on combination of RV vs. MSRP.
I don’t think I’ve ever seen a competitive used car lease.
makes sense. its almost better in a sense to just buy something like this than lease because of the decrease in MSRP?
These numbers are for April 2019 on A5 SB P+ so there is still lease support.
I would not lease a CPO as mentioned above. Look at new 2019 left in inventory or 2020.
Can’t answer that for you because you haven’t run both numbers.
You need to run ALL of the numbers (fees, taxes, selling price, interest, time-frame of purchase/lease) and compare them side by side to make the determination of what’s better.
For example, if you financed the car at 60 months versus leased at 36 months at a higher interest rate, would it make sense to you to spend the money?
Would you rather spend ~26k+ instead of the full ~37k (not including interest or fees) over 36 months instead of 60 months? These are person decisions only you can make based on your needs and what you want to do.
Some folks just want to trade out a car every 2/3 years and never be out of warranty. Other folks believe in paying principal and interest at the same time and just selling the car after three years. Some even want to keep the car for the full 6 to 10 years. It’s really up to you on what makes sense.
In feb I leased a 2019 p+ with 51msrp for 505 a month. Only first payment due at signing. Delivered to my door with Audicare. So idk if that is that great if a deal. Like others said look for a leftover 19 or gi after new 20