I know very little about leases, though I'm trying to learn by reading a ton now. What do you guys think of this lease. What do you think the taxes could be? How do they figure taxes on a lease...I mean you're not buying it really...or if the MSRP is 31K and buyout is 17K, do they charge you on the difference since that's kinda what the sale price is? Might a 2.0T be a little boring to drive? Might test drive one today or tomorrow to get a feel.


Now, for a limited time, Audi is offering an exceptional lease through Audi Financial Services on a nicely equipped 2008 A4 2.0 T CVT Special Edition. (See complete details below.) This offer is good through July 2, 2008 so hurry into your local Audi dealer today to take advantage of these winning savings.*

2008 A4 2.0 T CVT Special Edition
$399 per month
36-month lease*
---------------------------------------------------
Down payment $0
Security deposit $0
Acquisition fee - capitalized within lease contract ($575)
First month payment $0
---------------------------------------------------
Amount due at lease inception $0

Excludes taxes, title and dealer fees. See dealer for details.

*36-mo. closed-end lease offered to qualified customers by Audi Financial Services through participating dealers. Must take delivery by 7/2/2008. Rate based on $31,825 MSRP of 2008 Audi A4 2.0 T with Continuously Variable Transmission, Special Edition Package and destination charge. Purchase option at lease end for $17,503.75.

Required dealer contribution could affect final negotiated transaction. Lessee responsible for insurance and may have some financial liability at lease end. Lessee responsible for $0.25/mile over 10,000 miles per year and a disposition fee of $350 due at lease end. See dealer for details. Refundable security deposit return subject to excess mileage and wear charges.

http://www.audiusa.com/audi/us/en2/s...ec_ed_sse.html

 

10,000 miles/year FTL

 

Yup. Agreed. Is it possible to upgrade slighty? What could it cost?

I'd need like 15K.

 

To go from 10k to 15k would generally equal about $25-40 per month

 

Thats exactly correct. Thanks.

Just got off the phone with a dealer. Cousin knows the sales mgr there I guess, and gave me his #.

$15 - $25 more per month for 12,000
$40 - $45 more per month for 15,000

Taxes/Title/etc...comes out to about $2,800 down to walk out the door.


I dont' understand how they can charge you taxes on the sale price of the car if you're leasing it. Shouldn't it be the sale price - the purchase price at lease end...because technically that's what you bought it for for 3 years. Say its $34K brand new, $17K to buy at the end...original tax should be on 34-17=17 and if you buy at then end...then you pay taxes on the $17K the buyouts for.

I'm not really buying it, I'm borrowing it, taxes should be different.

 

Your state makes the rules, not the dealer.

Obviously your state likes $34k worth of taxes more than $17k

 

Texas and IL do the same thing. What sucks even more... is that if you plan to buy the car after the lease, you have to pay tax AGAIN.

Sucks leasing in IL.

 

Definitely double taxation. Maybe after law school I'll look into that and hopefully win big against the state!!