Lease seen on site. Thoughts?

If the lessor is keeping the tax credit and not calculating the finance (leased amount) on the basis of a reduced purchase price, you are getting ripped off. It's fully legit for the lessor to collect the tax credit, but if you are financing the difference between full retail and the project residual (which take the tax credit into account), then you should walk away! Also, not only is 7500 miles per year really low for a lease, 20c/mi for overage is higher than average, too.

You can also find third-party leasing companies in your area (e.g., a major bank or local credit union) who may give you a much better offer. Dealership and VW Credit aren't your only options.

I don’t understand why anyone would lease an ID4 when you can lease an etron for 335$/mo with 3800DAS.

egolf2id said:

I don’t understand why anyone would lease an ID4 when you can lease an etron for 335$/mo with 3800DAS.

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That's a cheap lease for a car with MSRP that starts From $65,900, is that from Audi?

I went and configured one to match my ID4 by adding the tow hitch and blue paint and ACC / lane keeping option and the price is $71,840, that seems like an impossible lease!
They do have some in stock at my local dealer, and their lease on it is $765 x 36 mo. with $7100 down. which is about double your numbers.
Edit: searching the dealers fine print, they have a special offer of Lease option 2: $569/mo. for 36 months | 10,000 miles per year. $3995 due at lease signing includes $2601 cap cost reduction, $895 acquisition fee, $499 dealer handling fee, plus 1st month payment (excludes taxes, title, and other options).

To compare, my ID4 Pro S AWD is $48,175. $519 a month. 36-month lease, $3,496 due at signing. So it does make the Audi lease look decent.

egolf2id said:

I don’t understand why anyone would lease an ID4 when you can lease an etron for 335$/mo with 3800DAS.

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Wow, where are you seeing that? I see locally a $72k e-tron that has a $468 monthly lease. $335 (US?) would be very inexpensive.

egolf2id said:

Sold out of etrons!

Seems if you renew a lapsed membership, Costco still considers you a member since the original sign up date. 👍🏼

forum.leasehackr.com

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$339 is for 7500 miles per year, 2 year lease. If that works for someone, that's a good deal. Many people might need more mileage, but even the reported $369/$389 for 10000 miles is in line with VW's advertised rate for an ID.4.

Edited to add: had to be a Costco member prior to March, so I wouldn't be able to get any of the advertised rates.

mmcbtx said:

Wow, where are you seeing that? I see locally a $72k e-tron that has a $468 monthly lease. $335 (US?) would be very inexpensive.

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I see the same $468 offer in GA (w/ $7K up front, 10K mi/yr). I'd be curious what the mileage and duration of the $335 lease is before weighing in on whether it's available. Ultimately it's all about residual value - a car that holds it's value is much cheaper to lease, even if it's got a high MSRP. I've seen Audi's that were cheaper to lease than GMs that cost 1/2 the price.

Also, it seems on that post, everyone is indicating that it won't actually be $339 out of pocket. So I think this probably isn't a fair comparison unless I'm missing something.

mmcbtx said:

Also, it seems on that post, everyone is indicating that it won't actually be $339 out of pocket. So I think this probably isn't a fair comparison unless I'm missing something.

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Agreed, and its also CA only so I will ignore it.

But that did get me looking into the Audi since its already on the lot with AWD and most of what I like about the ID.4. But no OTA updates on it is a deal killer for me knowing how important that is nowadays, after reading a few etron forums for even 15 minutes about no OTA.