I don’t think they do on the etron gt, but the lease contract would have the answer. I’m assuming no since it wasn’t discussed here.
I just checked on Edmunds, and there is $7,500 lease cash on the etron GT
If so, then the implications on the above deal is even more catastrophic.
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Why wouldn’t it? The 7500 was put on the lease as cap reduction…
Out of curiousity since you joined LH a little over two years ago and have read 10 hours on here….any reason you didn’t want to seek community input on a potential deal structure before signing?
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This is information that was not included in your breakdown of the deal. Most of us don’t keep a running tally of which specific vehicles under which banks get the tax credit applied as lease cash, so when no incentive is mentioned, it’s assumed that no incentive was applied.
I wonder if it would have worked out better to take the 16k cash and use that to pay 8 months of the lease and then try and flip it at the 8th month?
Best use of money probably would have been to take the $16k and apply it as msds.
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They said no msd
And you could have said “have a nice day” and gone to a dealer that would do msds.
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Alright everyone let’s stop being critical without offering some kind of advise to help the situation.
Worst deal, no. Bad deal even in this market for someone that has this website, yes. If you already have lease credit of $7500 just refi, if not see if dealer can change to finance deal.
It is a great car so please enjoy without strangers on the internet making you feel bad. Blessings.
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And the “blessings” thing isn’t directed at you personally. It’s just something that popped up in another thread a few days ago and it’s taken on a life of its own 
Enjoy the new ride OP 
share lots of pics! The Audi ads are cool…
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By the same token, the OP needs to do some research instead of just breathlessly replying to every post here.
77 posts and counting, no indication anything has been learned.
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Why do you think you will be driving it for free? Isn’t the 16K your money? You had a choice to invest it and get a different lease. That lease gets your sales person’s picture on the wall right next to the GM.
As others have stated, since it appears you used the equity towards cap cost reduction, your deal was not $0 due at signing (DAS)
Are you really asking this question after already signing and taking delivery of the car?
For future reference:
Do not use any equity towards CCR.
Understand how leasing works before signing your next lease.
Enjoy your new car.
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Everyone is saying it’s a bad deal, and let’s be honest… it isn’t a good deal. However, it’s a $122k car so you clearly have enough disposable income to pay for this thing (unless you don’t, then REAL BLESSINGS to you)…
My hot take: $1400/mo to drive this nice ass whip (even if it’s $2k/mo effective) is a pretty reasonable amount of cash to part with each month for a car of that cost. Now, is it worth $122k? Idk, you’ll have to tell us.
But in a market where X5s are leasing for not a whole lot less… ignore the haters and just enjoy the car. At a certain price point it isn’t about getting a great deal. If you have the money for this car then you probably aren’t that worried about how well you did on the deal.
So I say enjoy it, as most people in the world could never even stomach paying this much for a car and will never be able to. Send pictures and a review of the thing, though!
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A lot of people are getting hung up on the CCR. Ignore it.
CCR is not reflective of how good or bad any deal is, aside from sometimes revealing the lessee’s preference for mental gymnastics like “My monthly payment is only…”
You can have a good deal with CCR; you can have a bad deal with no CCR.
We can agree that it isn’t a good deal. Here are few things that went against OP:
- Brand new car
- Brand new EV model
- Low supply
- High demand (Yes, there is still demand for $100k+ cars)
I would be the first to admit that I have no clue what the market looks like for this car. I am happy with my current daily driver, a $70k 2021 A6 P+.
The MSRP of a car does affect the lease cost, However, assuming that a high MSRP car will always be “extremely” expensive to lease, might not always be accurate.
I leased my brand new A6 last May in MA for $629/month (including Audicare and 6.25% sales tax):
The RV was in the low 50s. However, I had a total of $8500 in incentives to make it LH-worthy. Was my deal a great deal? Probably not, but I did get 9% off MSRP (if I adjust for the slightly marked up MF). I did pay about $2100 at signing, but there was no down payment.
Having been on this site for more than 2 years, the one piece of advice I can share from my personal experience is to EDUCATE yourself and be open to constructive criticism. There is a WEALTH of information. It is a lot to absorb, but that is why we are here. ASK for feedback before signing.
I can’t speak for OP, but let’s assume you are right. Folks providing feedback, are mostly giving constructive criticism. I do it all the time. I try to show people where they can improve on the next deal.
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I think the response from the community would have been better if OP just said “hey this is a crap deal but I wanted the car anyways and want to share the details”.
But setting your money on fire and then asking people how to not set your money on fire while getting defensive makes you look ignorant.
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This is definitely not true. My Dad just recently used a portion of his 16k in equity on an Audi to get into something else (around 4k for inceptions) but irrespective of whether he leased another car or not he was going to get a check for the sales price minus his payoff.
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