Signing: 2018 Audi R8 V10+

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UPDATED: As pointed out the residual wasn’t what the GM believed and the deal has been readjusted.

Please critique away and tell me if I could have done any better here- every $1,500 in MSD only adjusted the MF by .00005 and the math didn’t work out to do it.

I am going in to finalize paperwork tomorrow evening but re-worked the deal where I trade in my current '17 R8 V10 Plus (MSRP: $199K) for a '18 R8 V10 Plus (MSRP: $207K) and save $200/month as I use the equity in my 17 to bring down the payment on my 18. Only difference is going from black to white.

2018 Audi R8 V10 + (White/Black)

**MSRP: $207,915
**Selling Price: $164,915 (20.68% off)
**Monthly Payment: $1,375 (Includes CA tax)
**Cash Due at Signing: $1,566
**Equity: $16,570 (Traded In 2017 Audi R8 V10+, Triple Black, 7,234 miles, Good Condition for $147K)
**MSD- $0
**Incentives: $750 Rebate $13,000 Marketing Allowance, $25,000 at 12% Discount
**Months: 24
**Annual Mileage: 5,000
**MF: .00216 (5.184%)
**Residual: 66% (added Audi Care to get the additional +1%)
**Registration: $1,376
**Audi Care: $1,249

**Region: No.Cal
**Leasehackr Score: 9.2

Will post pictures as soon as I take delivery!!

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Seems pretty good. Did you consider selling the '17 R8 separately instead of using it as a trade in?

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You are effectively around 1800/month

The SP and trade-in value for your '17 R8 are probably the best places to claim some more value in this deal. You don’t mention any specifics, like condition, mileage, value, balance owed, etc.

Either way, use max MSD and walk away with a check for any remaining equity rather than use that as a down payment.

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Hi Jananth- I have considered selling my current '17 R8 but when you look at carguru’s or autotrader it isn’t going for too much more. As my car is Triple Black right now with only 7,100 miles (18 months old) I could probably get $150K for it without too much headache but I also don’t have the time or patience to go through that myself just to pull another $6K off my R8 now. Dealer is offering me what the car just recently sold for at the Manaheim Acutions.

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Hey Max-

With respect to SP of the car, its almost at 20% off sticker. Have you seen a dealer go more than that? The 2018 Audi R8 V10+ that I am picking up is brand new (22 miles), White on Black. My 2017 Audi R8 V10+ is Triple Black with 7,100 miles, Good Condition (small chip off carbon fiber in front splitter), but has Ultimate Xpel Clear Bra in full front plus 8 coats of Ceramic Pro covering the entire car. The balance owed on my car is $129K and the value through auction is $144K, private party $150K.

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I gotcha, and for such an expensive car, I can see how you don’t want to hassle over a few K. Mannheim auctions tend to be “wholesale” prices though (if I understand them correctly), so it might be worth it to at least try to get $2-3K extra for the trade.

Another way to look at it is that $6K, while a small percent of the value of your '17 R8, would amount to an extra $250 off your monthly payment (6000/24). That would turn this great deal into an unbelievable deal!

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How much of the discount is lease/dealer cash? (quick scan of edmunds implies there’s no cash)

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If there is lease support, there is probably trunk money (just my intuition)

Anyway private party can be great for the two tails of the market (i.e. not a $40K car) and is then often a case of “You miss 100% of the shots you don’t take”

Is 15-60 minutes of your time to take some photos, throw up an a free ad on cars.com and some Audi forums, and take some phone calls worth $6-8,000? Personally I’d put up a ad for 152k and see what happens, screen some calls and meet the one or two most seriously interested individuals in person.

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Yes, majority of it is trunk money- I am going to get specifics and dig deeper into the numbers with the GM who i am working directly with. I just posted it on CarGuru’s with a a couple pics and will take a shot without holding my breathe. Problem is CarGurus states that $150K is just a fair deal, so I dropped it to $147K just so it can be ahead of everyone elses in the country. The market doesn’t seem to be treating this car right these days but like you said, worth a shot!

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Yeah I’m not a huge fan of that feature. I’d rather advertise on cars dot com and avoid having some algorithm assign a judgement on it.

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Looks great, Seems like putting MSD’s would be a better choice than such a large down payment.

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Thats a good point, I’ll evaluate that option. No clue how that would change things

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I believe your residual may be off. Residual for the v10 is 70% and v10+ is 65%

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Lets see what happens when we get into finance! Seems as if there might be a mistake if what you are sharing is accurate- can anyone else validate this to be the case on 24mo/7.5K for V10+ w/AudiCare? Already have email confirmation and text confirmation from GM on the numbers. Lets see what happens.

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Basically you are able to put a deposit down to reduce the money factor (interest rate) at the end of the lease the money is refunded back to you. the deposit is usually X amount of payments

Example: $1,800 payment, 7 deposits = $12,600 in refundable security deposits

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-2% for 7500
+1% for audicare

I think the GM made a mistake on the numbers…

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Thanks for sharing- this is going to be interesting. I will keep you all posted given this new and factual information

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Sure! If you need any further assistance or just looking for a great deal on any make or model feel free to send me a PM or text me at (323)574-3360.

Thank you

Moses
Platinum Auto Leasing