MF: .00264
Term: 36months. 12k/year
Location: Seattle, WA
I got no discount off of MSRP. The MSRP was close to Edmunds TMV.
Also got Audi Care included free of charge for the 3 years of this lease.
Thoughts on this lease offer?
Also, how does tax work on this leased vehicle? I see that sales tax is a large amount. Am I paying all of the sales tax for the entire MSRP of the vehicle or am I paying just for what I pay in depreciation?
Sprint, don’t just run away. No discount? $8,500 down? NO NO NO NO
Is it even possible to do better? Trying to get a low down payment lease on a luxury sports car such as the RS5 seems nearly impossible unless I want a ridiculously high monthly payment… Even then, out of the 7 dealers in my area I contacts and negotiated, the most off MSRP I was able to get was like 1.5%.
This should feature in the worst lease deals.
OP - Try other dealers, you’d need to sweat, but not consider this.
You can get a $0 down payment on any car. Yes, the monthly goes up proportionately, but the outlay is the same and you aren’t throwing money down into something you don’t own. You shouldn’t put money down.
But honestly, you also shouldn’t lease an RS5. The lease is going to suck. Just buy it.
Trying other dealers won’t help. There will be no way to get a reasonable lease on a RS5. If you must have that car, buy it or prepare to pay up for a lease.
I don’t understand this no money down thing. Why is no money down with a high monthly payment better than a high down payment and a low monthly payment? Wouldn’t you pay less in interest to have a higher down payment (similar to when you finance a car)?
Is there such a big difference between leasing (then financing) and financing alone? I mean, there’s the amount in time it takes to pay everything off but I don’t mind that. Is there just more paid in interest for the longer duration to own the car?
On the Audi forums, I haven’t seen anyone have luck talking dealers down on price. 8k seems to be the down payment to cover taxes, registrations, fees, first month, so it’s not so outlandish on a near 90k car.
At least, I know NYC dealers aren’t discounting ant RS5s. Finance this one, don’t lease it.
That MF rate is also insane. The car should retain value relatively well… Three year old RS5s with 36k miles still go for 45k/50k+.
I have a buddy who is the Audi sport expert at an Audi dealership near me, he got sent to Germany or Switzerland last winter to test drive the RS5 and various other RS’s. He told me Audi USA are incredibly strict with pricing on the RS line. The supply is so carefully controlled that you will almost never see any decent deals for them, the last time was on the R8’s last year I think.
Buy/finance, don’t lease.
If I were to buy/finance it instead of leasing, what %apr do you think is reasonable? Around 5-6%? I have a 788 credit score,
previously already paid off a car and no late paymentsever.
I’d speak to banks and credit unions as you’ll likely get a slightly better rate than Audi FS. In certain situations going through the brands Financial Services can get you a decent discount on the car or incentives but with this vehicle you’re not going to get any so no point. A small savings on the interest rate will save you quite a bit if you finance over 6/7 years as well.
I hope you’re going for the RS5 in the sonoma green! It’s an amazing color. Still haven’t seen one on the road.
0-down is preferable, because if you put down, say $10k “cap reduction” on a car and it gets totalled, that $10k is gone - you won’t get it back from the insurance or the car company.
An Rs5 is not worth msrp.
What does he say about the regular S models? Can he give us a write up of when deals are likely to occur and where?
Unfortunately my bank only approved up to 55k loan. I have not tried to finance through AFS… I may not even get approved from them. Also don’t want to apply and damage my credit score from the multiple applications.
Also, I’m considering Nardo Grey. There were no Sonoma Green RS5s in my area 
The Sonoma Green is a beaut though.
@cquinn34 I’m in Houston so we have the combo of full sales tax and oil money which means very few good Audi deals here as they sell too well. Audi is all about stock levels though, A4/S4 and SQ5 all tend to undersell or need discounts. Have a check on cargurus.com for models that are on the lot for > 300 days and you’ll likely get more price movement.
@KerbinJ7 Are you able to put more money down with the loan? AFS will likely lend you a bit more but at the higher rate. You’re absolutely right about not wanting to apply at multiple providers. Might want to speak to a financial advisor to see what options you have based on your circumstances. That way you’re not risking multiple declines. A $55k loan will get you plenty of great cars, including CPO.
Last time I checked they were marking up the sonoma greens, but that was local to me and about 6 months ago.
When it comes to financing special performance line cars pushing the six-figure boundary, banks are a little different with handing out loans.
You could have a perfect credit score and they still would only approve you up to a certain point. Your only option here would be to shop around interest rates and come to the table with a large down payment. This car is absolutely better financed than leased.
If the bank will only approve you up to 55k, it’s because they don’t know the risk with lending more for a car that expensive. You have to gradually work up to it, banks won’t just lend someone 90k for a car with no history of taking loans out for cars that expensive.
Watch Vinwiki videos on YouTube. Ed Bolian goes into great detail about financing sport and exotic cars. A lot of that information also applied to just regular car buying, as well.
Honestly? I’d just buy a low mileage 2015 RS5 with that naturally aspirated high revving V8. Thing revs up to 8500 rpm, it’s a damn screamer. It’s how a sport coupe should be, dammit!
If you only got approved for a $55k loan, there’s a 0% chance you’d get approved to lease the RS5.
