My Take: I wasn’t going to even bother posting the TT numbers since they don’t look very attractive this month. Feel free to take a pass on this vehicle for now. Definitely don’t bother with the R8, I know I’m not.
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2010 Audi TT
2010 Audi TT 2.0T quattro Premium Coupe
24-month | 15k miles | residual 59% | .00218 base money factor
36-month | 15k miles | residual 52% | .00218 base money factor
48-month | 15k miles | residual 45% | .00278 base money factor
2010 Audi TT 2.0T quattro Premium Plus Coupe
24-month | 15k miles | residual 58% | .00218 base money factor
36-month | 15k miles | residual 51% | .00218 base money factor
48-month | 15k miles | residual 44% | .00278 base money factor
2010Audi TT 2.0T quattro Prestige Coupe
24-month | 15k miles | residual 56% | .00218 base money factor
36-month | 15k miles | residual 49% | .00218 base money factor
48-month | 15k miles | residual 42% | .00278 base money factor
2010 Audi TT 2.0T Premium Cabriolet
24-month | 15k miles | residual 58% | .00225 base money factor
36-month | 15k miles | residual 51% | .00225 base money factor
48-month | 15k miles | residual 44% | .00278 base money factor
2010 Audi TT 2.0T Premium Plus Cabriolet
24-month | 15k miles | residual 57% | .00225 base money factor
36-month | 15k miles | residual 50% | .00225 base money factor
48-month | 15k miles | residual 43% | .00278 base money factor
2010 Audi TT 2.0T Prestige Cabriolet
24-month | 15k miles | residual 55% | .00225 base money factor
36-month | 15k miles | residual 48% | .00225 base money factor
48-month | 15k miles | residual 41% | .00278 base money factor
2010 Audi TTS 2.0T quattro Premium Coupe
24-month | 15k miles | residual 58% | .00205 base money factor
36-month | 15k miles | residual 51% | .00205 base money factor
48-month | 15k miles | residual 44% | .00278 base money factor
2010 Audi TTS 2.0T quattro Prestige Coupe
24-month | 15k miles | residual 54% | .00205 base money factor
36-month | 15k miles | residual 47% | .00205 base money factor
48-month | 15k miles | residual 40% | .00278 base money factor
2010Audi TTS 2.0T quattro Premium Cabriolet
24-month | 15k miles | residual 60% | .00237 base money factor
36-month | 15k miles | residual 53% | .00237 base money factor
48-month | 15k miles | residual 46% | .00278 base money factor
2010Audi TTS 2.0T quattro Prestige Cabriolet
24-month | 15k miles | residual 55% | .00237 base money factor
36-month | 15k miles | residual 48% | .00237 base money factor
48-month | 15k miles | residual 41% | .00278 base money factor
I ordered a 2010 TT (Coupe, Prestige with BBall leather, iPod kit and Magnetic Ride). MSRP as per Audi site is $47,000. How much can I expect the price would be (how much under sticker price) and what the MF and Residual Value be for a 36 mo lease @ 12K/yr, assuming excellent credit record and 8K down from a trade in? The car will arrive in November so the rates would be whatever Audi publishes for Nov I guess. I like this car, but BMW has very attractive rates for the 2010 335X model which is also AWD, with residuals of 56% and MF in the 0.017 range. My Audi dealer is telling me they cannot negotiate because the car is “hot”… I checked average days in lot to be 250 days for the TT so I find it a bit arrogant to say that they cannot negotiate terms.
Cheers & Thanks
@LJ. Few things. You should be able to lock in the rates for this month even if you don’t get the car until Nov. Generally speaking, I always try to shoot for 10% off the MSRP or at least invoice, whichever is lower. If there are any rebates that you may qualify for, I’d go invoice + rebates as the sale price. I cannot predict the MF and residual values for Nov, no one can. I can give it a wild guess, but I’d be lying to you if I told you I knew. These numbers are usually published by the bank in the first few days of each month, so they do change on a regular basis. Now I would advice you against putting a $8k trade-in towards a lease. You are better of using part of that car’s equity to pay off any inception fees and pocketing the rest. I know you can lower the payments down, but it doesn’t do you any good if your car gets into an accident or is stolen. Any cap reduction you put towards a lease is lost when that happens and the insurance will only pay the bank whatever the “market value” is for the vehicle.
As for negotiations, normally, you can only negotiate the sale price of the vehicle and that’s about it. Sometimes you can negotiate fees, specially if they are unusual and shady (meaning other dealers don’t charge it). MF is fix, but dealers have been known to pad it, simply request the BUY RATE and you should be able to get it if you have excellent credit. Sometimes you may be required to put a security deposit in order to attain that.
The 335x sounds good to me too, very solid car, fast and fun. The rates are fairly attractive, but beware of some unusual fees BMW dealers sometimes charge (MACO & training). I’m hoping to find the Audi rates a few weeks before the month ends so it helps people negotiate their deals. Stay tuned.