Don’t put that much down on a lease. Strive to make your first payment at signing and maybe put down some multiple security deposits if they allow it.

Not a good deal. Read up over at leasehackr forums. You never should put any money down on a lease - you total that car driving off the lot, you lose all that downpayment money. You need to understand how leases work - MF (and how they marked it up, basically the interest rate, RV, etc.

Anonymous wrote:

Anonymous wrote:The next person I meet who saved money leasing a car vs. buying it will be the first one.

Leasing always works in your favor if you use it when you should and know how to negotiate a lease. If your goal is to change cars every three years or so leasing is the way to go.

My goal is to hang onto my cars for at least 10 years, so I guess leasing isn’t for me.

Go over to the Edmunds leasing forums and look around until you figure out how leasing works. If you down know how it all goes together, you will get fleeced.

To the anti-leasing folk . . .leases may be good deals, maybe not. It depends upon the car, the numbers and what your goal is.

Anonymous wrote:The next person I meet who saved money leasing a car vs. buying it will be the first one.

Leasing always works in your favor if you use it when you should and know how to negotiate a lease. If your goal is to change cars every three years or so leasing is the way to go.

The next person I meet who saved money leasing a car vs. buying it will be the first one.

Don't buy a depreciating asset, it's a waste of money.

Don’t lease a car, it’s a waste of money.

^ I'll add that you may need to press the sales associate for this information (namely the pre-incentive sales price and the MF), since the numbers they're inclined to provide a customer usually are quite opaque (intentionally).

To really analyze the deal, you need to know what the pre-incentive selling price of the car is (the % off MSRP), what the current base money factor is for that make/model (pull from the Edmunds forums), what money factor the dealer is using (may need to explicitly ask the sales associate for this), what (if any) incentives are available to you and are applied to the deal, and what's rolled into the fees due at start (along w/ first month's payment).

Anonymous wrote:

Anonymous wrote:$654 with $0 down

Zero down or $5500 down?

$0 down good

$5500 down bad

Anonymous wrote:I am planning to lease 2021 Audi A6 45 Quattro premium plus sedan (Msrp $63,025)in md for $654 a month with $5500 down payment for 3 years with 10k miles per year. Is this a good deal? If not, what numbers would make it a good deal?

I just spent a lot of time considering this car. How is MSRP this high? Is the car pimped out? A premium plus should not cost this much. Have you checked Kelly blue book or edmunds.com. Maybe msrp doesn’t matter if your payments are set. Why lease when you could likely own by adding another year to the payments 48 mo?

Anonymous wrote:$654 with $0 down

Zero down or $5500 down?

$654 with $0 down

I am planning to lease 2021 Audi A6 45 Quattro premium plus sedan (Msrp $63,025)in md for $654 a month with $5500 down payment for 3 years with 10k miles per year. Is this a good deal? If not, what numbers would make it a good deal?