Is this Audi A7 e good deal or not?

[egmogile]

Hi everyone!
I am thinking of getting a 2021 Audi A7 e Prestige lease. These are the terms I have on the table now. Please advise me - great/good/average/bad? I will gladly take any advice.

36 months, 15,000 miles per year

MSRP: $86,775
Selling Price: $84,985
Rebate: $10,212.00
Government free: $16.25
Proc/Doc Fee: $214.00
Accessories: $0.00
Capitalized Taxes: $0.00
Gross Cap Cost - $85,880
Trade Allowance: $0.00
Cash Gap Reduction: $5,000
Cap Cost Reduction: $15,212.00
Adjusted Cap Cost: $70,668
Paid by Customer: $7,456.16
Downpayment: $5,000
Monthly payment: $1146.10

What do you think? Thank you in advance!

[Bluemkn57cars]

Any reason you’re going with the Prestige? The Premium Plus usually has a better residual value.

@egmogile

MSRP: $86,775
Selling Price: $84,985

You are getting a 2% discount off MSRP. Have you reached out to more dealers in your area?

@egmogile

Rebate: $10,212.00

What is the breakdown of the rebates? Have you confirmed the incentives, MF and RV on the Edmunds Forum?

@egmogile

Paid by Customer: $7,456.16
Downpayment: $5,000
Monthly payment: $1146.10

It is never advisable to put any money down on a lease. It masks the true monthly and if the car is stolen/totalled, all that money is gone.

In summary, your deal looks terrible. Are you open to a different model such as the A6 or A5? If not, see what broker deals look like in the “Marketplace”.

[egmogile]

Hi! Thank you for the response! Looked at rebates: $3500 customer appreciation, $6712 - PHV rebate, no other applicable (only for military which I am not).
Per your recommendation posted a message on edmunds forums, will see what the breakdown is.
I went with a7e prestige b/c it’s the only one available here, nothing around us for 200 miles. In fact, it’s the only a7e on the dealership period. Wanted A7 because A5 is too small and A6 just doesn’t appeal visually to me. Can’t justify A6 over my Acura TLX visually.

[Bluemkn57cars]

@egmogile

I went with a7e prestige b/c it’s the only one available here, nothing around us for 200 miles. In fact, it’s the only a7e on the dealership period.

I would suggest checking out broker deals in the “Marketplace”.

@egmogile

Can’t justify A6 over my Acura TLX visually.

Haha. The 55 A6 is a superior car over the TLX, IMO. I picked one up earlier last month - I was coming from an A4.

[mllcb42]

$1300/mo here seems awfully expensive. Prestige trim audis tend to be horrible leases. If you’re trying to maximize your lease value, looking for a lower trim and looking further away is probably your best option.

[sharksfan15]

I’ve seen broker here in CA offering a lot less. Please look in marketplace or shared deals.

[egmogile]

Found out: .00030 MF and 44% residual
$10212 lease cash

[sharksfan15]

from @Omegaautogroup website, I don’t know the details, somehow I think your deal is far from ideal.

[Bluemkn57cars]

@Bluemkn57cars

You are getting a 2% discount off MSRP.

@egmogile

44% residual

@egmogile

15,000 miles per year

There are quite a few factors working against you, such as the current market - chip shortage + low inventory = no incentive for dealers to discount remaining cars on their lot.

If you must have this car, see my previous comment below.

@Bluemkn57cars

I would suggest checking out broker deals in the “Marketplace”.

However, if you don’t need a car now, then I would suggest waiting for market conditions to improve. It could be a while.