Car Chat General discussion about Lexus, other auto manufacturers and automotive news.

2019 Audi A6 gets almost $10k Price Hike

Thread Tools
 
Search this Thread
 
Old 08-23-18, 08:59 AM
  #16  
Kense
Instructor
 
Kense's Avatar
 
Join Date: Apr 2016
Location: CA
Posts: 794
Likes: 0
Received 3 Likes on 2 Posts
Default

Way too expensive for that.
Kense is offline  
Old 08-23-18, 09:09 AM
  #17  
UDel
Lexus Fanatic
 
UDel's Avatar
 
Join Date: Feb 2005
Location: ------
Posts: 12,274
Received 296 Likes on 223 Posts
Default

Originally Posted by mmarshall
I may be wrong, but I don't think the Bread-and-Butter A6 ever had a V8...that was saved for the S6.
I test drove and considered getting a A6 with a 8 cylinder option in 2005 that was not a S6, they definitely made one. S6's or RS6's had a V10 at one time.
UDel is offline  
Old 08-23-18, 11:41 AM
  #18  
bagwell
Lexus Champion
 
bagwell's Avatar
 
Join Date: Oct 2002
Location: The Woodlands, TX
Posts: 11,205
Received 11 Likes on 11 Posts
Default

Yep definitely had V8s available...



bagwell is offline  
Old 08-23-18, 11:59 AM
  #19  
Johnhav430
Lexus Fanatic
 
Johnhav430's Avatar
 
Join Date: Sep 2016
Location: PA
Posts: 8,491
Received 372 Likes on 346 Posts
Default

Originally Posted by bagwell
Yep definitely had V8s available...



If I recall, at least with the wagon, the fenders bulged out on the 4.2, but not the 3.0 TT (if that was what it was, from memory)
Johnhav430 is offline  
Old 08-23-18, 01:38 PM
  #20  
Fizzboy7
Lexus Test Driver
 
Fizzboy7's Avatar
 
Join Date: Mar 2008
Location: California
Posts: 9,712
Received 167 Likes on 99 Posts
Default

This is more of a fake news story. The A6 will get the four cylinder next year, just like the last model got. Then the price will drop, but few will talk about it at that time because the car's newness will have faded. I rather see Audi be smart and offer it from the start before people write it off as "$10k more expensive." Stories like these mislead the public and the memory sticks longer than they realize.
Fizzboy7 is offline  
Old 08-23-18, 02:08 PM
  #21  
Hoovey689
Moderator
iTrader: (16)
 
Hoovey689's Avatar
 
Join Date: Oct 2008
Location: California
Posts: 42,296
Received 125 Likes on 83 Posts
Default

As Bagwell mentioned, it's $2,420 than last years V6 model. Because the 4-pot is on a year hiatus and the 2018 starts at $49,700, they have to start at V6 price hence the nearly $10k discrepancy. Makes sense, but yes the article is misleading.
Hoovey689 is offline  
Old 08-23-18, 03:58 PM
  #22  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: Maryland
Posts: 56,938
Received 2,722 Likes on 1,949 Posts
Default

The biggest thing holding Audi back is crappy leases. Its MUCH more expensive to lease an Audi compared to a similar BMW, Mercedes or even a Lexus (Lexus leases aren't great either).

For instance, when shopping a loaded A6, lease payments were similar to an LS vs a GS despite the LS being $25k more.
SW17LS is offline  
Old 08-23-18, 05:37 PM
  #23  
jrmckinley
Pole Position
 
jrmckinley's Avatar
 
Join Date: Mar 2014
Location: fl
Posts: 3,045
Received 367 Likes on 252 Posts
Default

Originally Posted by SW17LS
The biggest thing holding Audi back is crappy leases. Its MUCH more expensive to lease an Audi compared to a similar BMW, Mercedes or even a Lexus (Lexus leases aren't great either).

For instance, when shopping a loaded A6, lease payments were similar to an LS vs a GS despite the LS being $25k more.
I am someone who has never leased and don't fully understand the math behind what comprises a good lease deal, so can you explain your theory on why Audi leases would be worse than their peers? Does this mean they factor in higher depreciation, therefore a lower guaranteed trade value, therefore a higher payment?
jrmckinley is offline  
Old 08-23-18, 05:58 PM
  #24  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: Maryland
Posts: 56,938
Received 2,722 Likes on 1,949 Posts
Default

Originally Posted by jrmckinley
I am someone who has never leased and don't fully understand the math behind what comprises a good lease deal, so can you explain your theory on why Audi leases would be worse than their peers? Does this mean they factor in higher depreciation, therefore a lower guaranteed trade value, therefore a higher payment?
Audi leases have low residuals and high money factors, thats why their payments aren't good.

When you lease you're paying for the difference between the capitalized cost (your negotiated sales price) and the residual (the anticipated value at the end of the lease as a % of the MSRP determined by the finance company) plus a finance charge (the money factor) divided by the term in months.

Audi leases have low residuals and high money factors, with little in terms of rebates. BMW and MB especially have very high residuals, low money factors and big rebates, so their lease payments are considerably less. This puts finance risk on the manufacturer and reduces overall profit, but they do that to be aggressive and drive value. Lexus is less aggressive, but moreso than Audi.

In my experience Audi leases are similar to a 60-72 month finance payment.

Does that make any sense?
SW17LS is offline  
Old 08-23-18, 06:42 PM
  #25  
LexBob2
Lexus Champion
 
LexBob2's Avatar
 
Join Date: Aug 2006
Location: Illinois
Posts: 11,129
Received 138 Likes on 112 Posts
Default

Originally Posted by SW17LS
The biggest thing holding Audi back is crappy leases. Its MUCH more expensive to lease an Audi compared to a similar BMW, Mercedes or even a Lexus (Lexus leases aren't great either).

For instance, when shopping a loaded A6, lease payments were similar to an LS vs a GS despite the LS being $25k more.
Yeah, it seems like Audi leases have been crappy for quite a while. You'd think that would limit their sales when compared to the leases for BMW, Mercedes etc. Any idea why they wouldn't want their leases to be more competitive?

I have a 2016 A6 which has been a great car. I'll be taking a look at the new gen when it comes out later this year. It looks very good from what I've seen in the early reports.
LexBob2 is offline  
Old 08-23-18, 06:48 PM
  #26  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: Maryland
Posts: 56,938
Received 2,722 Likes on 1,949 Posts
Default

Originally Posted by LexBob2
Yeah, it seems like Audi leases have been crappy for quite a while. You'd think that would limit their sales when compared to the leases for BMW, Mercedes etc. Any idea why they wouldn't want their leases to be more competitive?

I have a 2016 A6 which has been a great car. I'll be taking a look at the new gen when it comes out later this year. It looks very good from what I've seen in the early reports.
I don't know why they don't have more competitive leases, and I'm sure it does limit their sales. its kept me out of an Audi a couple of times.
SW17LS is offline  
Old 08-23-18, 07:05 PM
  #27  
jrmckinley
Pole Position
 
jrmckinley's Avatar
 
Join Date: Mar 2014
Location: fl
Posts: 3,045
Received 367 Likes on 252 Posts
Default

Originally Posted by SW17LS
Audi leases have low residuals and high money factors, thats why their payments aren't good.

When you lease you're paying for the difference between the capitalized cost (your negotiated sales price) and the residual (the anticipated value at the end of the lease as a % of the MSRP determined by the finance company) plus a finance charge (the money factor) divided by the term in months.

Audi leases have low residuals and high money factors, with little in terms of rebates. BMW and MB especially have very high residuals, low money factors and big rebates, so their lease payments are considerably less. This puts finance risk on the manufacturer and reduces overall profit, but they do that to be aggressive and drive value. Lexus is less aggressive, but moreso than Audi.

In my experience Audi leases are similar to a 60-72 month finance payment.

Does that make any sense?
Definitely helpful, thank you. I'm conflicted on what would cause this - and you have to assume it's intentional by Audi. I wonder what % of their vehicles are leased compared to the other luxury brands. Initially I would think maybe Audi offers the low residual to the lease buyer in effort to create a nice margin on a used car for the next buyer. Perhaps they feel there is more money to make in that scenario when they make a hefty margin on the resale of a lease vehicle plus standard maintenance is no longer included (oil changes, etc) for the 2nd certified buyer? What's throwing me off is they may be doing this but they're also penalizing the lease customer on the money factor and lack of rebates. Wonder why they place so much risk on the consumer. Is any brand under the VW umbrella any different on leases?
jrmckinley is offline  
Old 08-23-18, 07:31 PM
  #28  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: Maryland
Posts: 56,938
Received 2,722 Likes on 1,949 Posts
Default

It’s just a different focus, BMW and Mercedes are subsidizing their leases by offering those high residuals, the benefit is the low lease payments drive their new car sales.
SW17LS is offline  
Old 08-23-18, 09:42 PM
  #29  
pman6
Racer
 
pman6's Avatar
 
Join Date: Aug 2012
Location: CALIFORNIA
Posts: 1,918
Likes: 0
Received 15 Likes on 11 Posts
Default

F that. paired with fast depreciation, no thanks.
pman6 is offline  
Old 08-24-18, 02:16 AM
  #30  
Fizzboy7
Lexus Test Driver
 
Fizzboy7's Avatar
 
Join Date: Mar 2008
Location: California
Posts: 9,712
Received 167 Likes on 99 Posts
Default

Audis had bad depreciation for some time. The poorer lease offerings where a result of them trying to boost resale values. I can see what they were trying to do, but those problems where from the mid to later 2000's. Since then, Audi has upped the quality and reliability of their products considerably. So the worry of poor resale should be fading. Yet, their leases are still lousy. Not sure what they are going for at this point.
At least here in Los Angeles, things are so competitive, the regional Audi A4 lease isn't too much more than a Lexus IS. The 3 series still offers the best value.
Fizzboy7 is offline  


Quick Reply: 2019 Audi A6 gets almost $10k Price Hike



All times are GMT -7. The time now is 11:38 AM.