Booo! Confirmed the $1500 was not applicable to leases…However, you can still use it if you don’t use Audi Financial Services to finance the lease. You won’t have access to the $750 though since that’s only through AFS. Sorry about that folks! I got everyone excited over a great lease and it turned out the biggest incentive of all didn’t really apply to leases. There is a silver lining though! It looks like there is a $1000 in conquest cash available on the A4 CVT model. Again, my apologies for getting everyone all excited about leasing an Audi. I do think the numbers have improved though, so that’s a start. Still a lot of 2012 left for things to get better!

You will NOT see me say this often, so pay attention. Audi has revised their lease rates for May and as expected, the residual values and money factors have dropped. Here’s where things get interesting…Looking at the Audi A4 Quattro Premium, there is $1500 in loyalty cash PLUS $750 in lease cash that is available. If you are an existing Audi customer, there is a lot of potential here!

Using TrueCar data, I am getting a whopping 93.0 RWG rating on the A4 Premium Quattro. Of course, the catch is that you need to qualify for that fat $1500 loyalty cash. Amazingly enough, this is the first time in five months that I can actually recommend an Audi lease. Shocking, I know.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
MSRP – $35,475
Sale Price – $32,959 ($750 lease cash applied)
Monthly – $416+ tax
RWG Rating – 93.0

Support my site by getting your “no obligation” quotes from:
TrueCar
CarsDirect.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 51% of MSRP – .00071 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 52% of MSRP – .00026 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 51% of MSRP – .00085 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 50% of MSRP – .00038 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 47% of MSRP – .00051 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM PLUS
36 Month – Residual 47% of MSRP – .00051 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 47% of MSRP – .00051 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 46% of MSRP – .00053 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 49% of MSRP – .00134 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 50% of MSRP – .00144 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 52% of MSRP – .00142 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 54% of MSRP – .00044 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 55% of MSRP – .00081 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 54% of MSRP – .00086 Base Rate

2012 AUDI TT 2.0T COUPE QUATTRO PREMIUM PLUS
36 Month – Residual 49% of MSRP – .00014 Base Rate

No change from last month. Incentives remain the same as well. There really isn’t much to say about Audis. I don’t really find their lease programs all that attractive right now so it’s tough to recommend as a lease. Sure, there is lease cash and loyalty cash available for retail purchases, but I think the residual is too low and the average sale price isn’t aggressive enough to turn a lease into a great deal. I’m not holding out a lot of hope for great Audi leases this month. However, if you are planning to lease an Audi this month, please drop in and leave a comment about the quotes you are getting. I am interested in seeing what kind of numbers you are getting.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
MSRP – $35,475
Sale Price – $33,593 ($750 loyalty lease cash applied)
Monthly – $453+ tax
RWG Rating – 81.5

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 52% of MSRP – .00089 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 53% of MSRP – .00080 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 53% of MSRP – .00122 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 52% of MSRP – .00075 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 48% of MSRP – .00070 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM PLUS
36 Month – Residual 48% of MSRP – .00070 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 50% of MSRP – .00143 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 44% of MSRP – .00057 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 50% of MSRP – .00136 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 51% of MSRP – .00162 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 53% of MSRP – .00160 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 55% of MSRP – .00062 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00099 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 55% of MSRP – .00104 Base Rate

2012 AUDI TT 2.0T COUPE QUATTRO PREMIUM PLUS
36 Month – Residual 50% of MSRP – .00034 Base Rate

It seems all Audi’s got a drop in residual value (1-2%). They also received a MF adjustment to compensate for the loss in residual. There is one exception, the Q7 got a slight bump on the MF. Not I understand the logic there.

I’m going to switch gears this month and switch my sample calculation to the A4 (instead of the A3). In SoCal, TrueCar indicates a sale price of about 3% off MSRP before any incentives are applied. Audi is offering customer cash in a variety of ways:

1. $1500 loyalty cash for retail purchases.
2. $1000 new owner cash. I think this is similar to a conquest cash…restrictions do apply.
3. $750 loyalty cash for leases.

On a different note, you can get 1.9% financing on the A4 up to 5 years. The lease MF is practically the same 0.00080 x 2400 = 1.92% so there isn’t much of an advantage to buy.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
MSRP – $35,475
Sale Price – $33,593 ($750 loyalty lease cash applied)
Monthly – $453+ tax
RWG Rating – 81.5

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 52% of MSRP – .00089 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 53% of MSRP – .00080 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 53% of MSRP – .00122 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 52% of MSRP – .00075 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 48% of MSRP – .00070 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM PLUS
36 Month – Residual 48% of MSRP – .00070 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 50% of MSRP – .00143 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 44% of MSRP – .00057 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 50% of MSRP – .00136 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 51% of MSRP – .00162 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 53% of MSRP – .00160 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 55% of MSRP – .00062 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00099 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 55% of MSRP – .00104 Base Rate

2012 AUDI TT 2.0T COUPE QUATTRO PREMIUM PLUS
36 Month – Residual 50% of MSRP – .00034 Base Rate

There is no change to Audi numbers this month. If you haven’t noticed the pattern, it seems lease rates change every other month in most cases. There have been a few times where numbers either changed monthly or bi-monthly, but it’s been monthly every other month. Expect lease rates to change in March.

I don’t have any recommendations for Audi’s this month because they just don’t look very attractive. Without any incentives, you are looking at anywhere from 0% off MSRP to about 3%, depending on the model. If you factor in the lukewarm lease numbers, you pretty much get a below average lease. Alternatively, there are decent 60-month financing rates available for select models, such as 1.9% for the A3.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
MSRP – $31,725
Sale Price – $29,802 ($1000 loyalty cash applied)
Monthly – $411+ tax
RWG Rating – 80.7

Support my site by getting your “no obligation” quotes from:
TrueCar
Edmunds.com
CarsDirect.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00126 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00098 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00140 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 53% of MSRP – .00120 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 49% of MSRP – .00089 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM PLUS
36 Month – Residual 49% of MSRP – .00089 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 51% of MSRP – .00161 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 45% of MSRP – .00077 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 51% of MSRP – .00155 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 52% of MSRP – .00155 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 54% of MSRP – .00154 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00080 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 57% of MSRP – .00117 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00122 Base Rate

2012 AUDI TT 2.0T QUATTRO PREMIUM PLUS
36 Month – Residual 51% of MSRP – .00053 Base Rate

As usual, Audi dropped the residual and money factor for this month. I haven’t seen an Audi lease I liked, but the A3 always look promising, but usually ends up disappointing. There are two major issues with Audi leases. 1) The combination of sale price, residual and money factor rarely aligns properly in order to provide you with an outstanding lease. 2) Audi does not like it when you trade in your car to non-Audi dealers before lease expires, so the payoff is inflated in order to discourage that practice.

Anyway, moving on to my sample calculation below, the A3 last month yielded a 83.1 RWG rating. This month, the rating drops to 80.7, making it very unattractive. I’m not seeing any incentives on Edmunds right now, but doesn’t mean there aren’t any. I recommend checking the Edmunds Incentives page often because sometimes it just hasn’t been updated yet.

Please note that I am not saying that you shouldn’t lease an Audi. My job here it to let you know that if you are looking for a deal, Audis probably aren’t what you should be driving. However, if you love Audis and will settle for nothing less, make sure you nail a competitive sale price, pick a model that has low money factor and high residual, and opt for MSDs if your state allows them.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
MSRP – $31,725
Sale Price – $29,802
Monthly – $411+ tax
RWG Rating – 80.7

Support my site by getting your “no obligation” quotes from:
Edmunds.com
CarsDirect.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00126 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00098 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00140 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 53% of MSRP – .00120 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 49% of MSRP – .00089 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM PLUS
36 Month – Residual 49% of MSRP – .00089 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 51% of MSRP – .00161 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 45% of MSRP – .00077 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 51% of MSRP – .00155 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 52% of MSRP – .00155 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 54% of MSRP – .00154 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00080 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 57% of MSRP – .00117 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 56% of MSRP – .00122 Base Rate

2012 AUDI TT 2.0T QUATTRO PREMIUM PLUS
36 Month – Residual 51% of MSRP – .00053 Base Rate

November lease rates carry over into December. The loyalty lease cash is still available. Please check Edmunds’ page for more information. If you plan to buy, there’s a separate cash incentive you may qualify for. Overall, Audi leases suck. They suck so bad that I can’t, in good conscience, recommend leasing one. On the other hand, I have no problems recommending them as purchases since they throw a good incentives at them plus there’s 1.9% financing available for most models.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
MSRP – $31,725
Sale Price – $29,202 (*$500 loyalty lease cash)
Monthly – $394+ tax
RWG Rating – 83.1

Support my site by getting your “no obligation” quotes from:

TrueCar.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 55% of MSRP – .00144 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 55% of MSRP – .00133 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 55% of MSRP – .00158 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00138 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 50% of MSRP – .00108 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM PLUS
36 Month – Residual 50% of MSRP – .00108 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 51% of MSRP – .00161 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 46% of MSRP – .00097 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 52% of MSRP – .00157 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 53% of MSRP – .00172 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 55% of MSRP – .00172 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 57% of MSRP – .00137 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 58% of MSRP – .00146 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 57% of MSRP – .00140 Base Rate

2012 AUDI TT 2.0T QUATTRO PREMIUM PLUS
36 Month – Residual 52% of MSRP – .00071 Base Rate

No huge changes this month. Just the expect residual drop on some models and mf adjustments to keep payments hovering around the same ballpark. The one significant are of improvement is the $1500 in loyalty cash AND a leasing bonus of $750 for returning customers on the 2012 Audi A4. Correction: The $1500 is only available for purchase, while the $750 is available for leasing. As a result, the deal isn’t nearly as good as it could have been. Thanks to Ron for catching this.  These offers are good through January 4th, 2012 so you have roughly two months to figure to figure out what you want (Nov rates should remain the same through the end of the year). If you are loyal to your brand, you stand to save a substantial decent amount compared to folks such as myself (I am not loyal to any brand). Check out my sample calculation below for an example of what to expect on the Audi A4 Quattro Premium.

Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
MSRP – $35,475
Sale Price – $32,493 ($750 Owner Loyalty Bonus Cash)
Monthly – $377+ tax
RWG Rating – 85.7

Support my site by getting your “no obligation” quotes from:

TrueCar.com

2012 AUDI A3 2.0T QUATTRO PREMIUM AT
36 Month – Residual 55% of MSRP – .00144 Base Rate

2012 AUDI A4 2.0T QUATTRO PREMIUM AT
36 Month – Residual 56% of MSRP – .00133 Base Rate

2012 AUDI A5 2.0T COUPE QUATTRO PREMIUM AT
36 Month – Residual 55% of MSRP – .00158 Base Rate

2012 AUDI A5 2.0T CONVERTIBLE QUATTRO PREMIUM AT
36 Month – Residual 54% of MSRP – .00138 Base Rate

2012 AUDI A6 3.0L QUATTRO PREMIUM
36 Month – Residual 50% of MSRP – .00108 Base Rate

2012 AUDI A7 PREMIUM PLUS
36 Month – Residual 51% of MSRP – .00161 Base Rate

2012 AUDI A8 SEDAN
36 Month – Residual 46% of MSRP – .00097 Base Rate

2012 AUDI Q5 2.0L PREMIUM
36 Month – Residual 52% of MSRP – .00157 Base Rate

2012 AUDI Q7 3.0L PREMIUM
36 Month – Residual 53% of MSRP – .00172 Base Rate

2012 AUDI Q7 3.0L TDI PREMIUM
36 Month – Residual 55% of MSRP – .00172 Base Rate

2012 AUDI S4 PREMIUM PLUS AT
36 Month – Residual 57% of MSRP – .00137 Base Rate

2012 AUDI S5 COUPE PREMIUM PLUS AT
36 Month – Residual 58% of MSRP – .00146 Base Rate

2012 AUDI S5 CONVERTIBLE PREMIUM PLUS AT
36 Month – Residual 57% of MSRP – .00140 Base Rate

2012 AUDI TT 2.0T QUATTRO PREMIUM PLUS
36 Month – Residual 52% of MSRP – .00071 Base Rate