The 2024 Audi e-tron GT is a high-end EV coupe with MSRPs well over $100K. Still, current lease offers can bring the effective cost down. Industry sites estimate a typical lease at around $1,000–$1,100 per month, with about $2,000 due at signing for 36 months and 12,000 miles/year. (Rates vary by trim and region.) For example, dealer listings show a 2024 e-tron GT Prestige (MSRP ~$122,000) quoted at roughly $1,507/mo with $5,000 down. Lower trims and strong incentives can cut that dramatically. In many markets today, negotiated deals and factory lease credits mean payments often fall into the mid-$700–$900 range.
Several real-deal reports illustrate what shoppers see now. In California, a buyer got a 24‑month/7.5k‑mile lease on a loaded Premium Plus e-tron GT (MSRP ~$117K) for $780/mo (including tax) with $3,000 due at signing. That deal included about $39,000 in discounts and incentives on the $113K sticker price – roughly 10% off before rebates. In Nevada, a similar 24-mo lease (7.5k miles) on a $113K Prestige model ran $602/mo + tax with a $2,900 drive-off; the financing data showed a 0.00302 money factor and a 68% residual. Up in Texas, an RS e-tron GT lease (24/12k) was reported at ~$850/mo (with ~$4K due at signing) after a 12% dealer discount and ~$20K in incentives. Even shorter 12‑month leases have appeared: one signed deal was a 12-mo/7.5k on a $113K GT Prestige for $602/mo (with $2,900 DAS). Across the country, swap-to-lease sites list 2024 e-tron GTs per month for remaining terms in the mid-$800s (and up).
Audi e-tron Typical Lease Terms:
Most advertised deals assume about 36 months and 10–12,000 miles per year. The standard example above ($1,029/mo) was for 36 mo/12k mi with $2,000 due. Many shoppers do 36 months, but shorter (24 or even 12 months) can yield lower monthly payments if you’re open to switching cars more often. Lease payments generally rise with higher mileage limits. TrueCar’s data show a 24-month lease for 12,000 mi at ~$1,095/mo vs ~$1,180/mo for 15,000 mi. (So roughly $80+/month extra for the 3k-mile bump.) Down payments (cap cost reductions) also lower the payment; typical drive-offs in reports range from $2K–$5K. Expect to pay the first month, fees (like doc fee), and a ~$895 acquisition fee on Audi leases. Taxes vary by state (some are paid upfront).
Understanding Money Factor and Residuals: The Key to Smarter Audi Leasing:
1. Two lease terms often confuse buyers:
Money factor and residual value. The capitalized cost is simply the negotiated selling price of the car (MSRP minus dealer discounts). The residual value is the projected worth of the vehicle at lease end, usually expressed as % of MSRP. For example, a 36-month lease might carry a 55–60% residual (hot trims like RS can be higher, 65–70% for short leases). A higher residual means a lower monthly lease payment (since you’re financing a smaller difference). In one reported deal, a 12-month lease had a 68% residual.
2. The money factor (MF):
The lease’s interest rate, expressed in a tiny decimal. Multiply MF by 2400 to estimate an APR: e.g., 0.0005 ≈ 1.2% APR, 0.002 ≈ 4.8%. In our examples, buy‑rate MFs were very low on the RS (as little as ~0.00037) – roughly a 0.9% equivalent. The Premium Plus deal above used MF = 0.00302 (≈7.25% APR), which is unusually high due to residual adjustments. Always ask the dealer for the MF and residual for your specific lease. Lower MF and higher residual give a better deal; all else is equal.
3. Simple terms summary:
Think of leasing as renting a car. You pay for the car’s loss of value (MSRP minus residual) and a small rental fee (interest/MF). Lowering the negotiated price (capitalized cost) or boosting the residual value cut your payments. Audi even lets you include the optional Audi Care maintenance plan in the lease cost – as one lessee noted, this adds a 1% bump in residual, essentially covering the maintenance fee by slightly lowering payments.
Lease vs. Buying: Audi Pros and Cons:
1. Why lease?
Leases often mean lower monthly payments than buying because you only pay depreciation, not the whole vehicle cost. With today’s big incentives, leases can be very attractive. You stay under warranty for the entire term (AudiCare or bumper-to-bumper typically covers 3 years), so most repairs are covered. At lease-end, you return the car (or buy it for the residual price if it makes sense). Leasing is convenient for people who like driving a new car every few years. Also, buyers with upcoming tax obligations can’t benefit much from the $7,500 federal EV tax credit (it goes to the lease), so leasing lets you capture that incentive anyway.
2. Why buy instead?
If you drive a lot, a lease can get expensive. Typical leases cap at ~10–15k miles/year; exceeding that often costs ~$0.25/mi. Conversely, buying can build equity if you plan to keep the car long-term. New e-tron GTs hold far less value now, so paying off the car may not make financial sense (45–50% depreciation in 1–3 years). However, a savvy shopper might find a used e-tron GT for far less. Kelley Blue Book reports a 2022 e-tron GT has lost ~49% of its value in 3 years, putting many used models in the ~$45–70k range. Some commenters note that used RS e-tron GTs (2022 model) are around $65–70k under the new MSRP. That means your effective “lease cost” (or finance cost) on a new car may be similar to simply buying a 2–3-year-old one outright (especially if you factor in the remaining federal/state incentives on a new purchase).
3. Inventory and Regional Factors:
Availability varies by region. Coastal markets (CA, NY, TX, etc.) often see the deepest dealer discounts and incentives, while others may have fewer cars or less flexible pricing. For example, Leasehackr users in California or Nevada reported much lower payments than those in high-tax states. Sales tax rules differ: some states tax the monthly fee, others tax the entire sale upfront (spreading tax over 24 mo can help those in high-tax areas, as one user did by extending a 12‑mo lease). Audi also adjusts the money factor regionally. For instance, a special low MF was noted in CA/NY/FL, though taking that low MF meant missing a larger upfront credit. Call dealers in multiple states if you can – sometimes, the best offer is 100–200 miles away.
4. End-of-Lease Options:
At the end of a lease, you generally have three choices: 1) Return the car (easy, but you must pay any excess mileage or damage fees); 2) Buy it for the residual value (this can be smart if the car’s market value exceeds the buyout price); or 3) Lease or buy another car (often the manufacturer gives loyalty bonuses or reduced fees). For example, Audi offers a loyalty program that can give a credit toward your next lease or purchase. If depreciation stays steep on these cars, buying out a lease end-of-term might be tempting, but remember you then own a vehicle that will keep falling in value.
Lease Incentives and Audi e-tron GT Deal Strategy:
To make a good deal, always ask for the breakdown of incentives. Key items to request or negotiate include:
1. EV Lease Bonus ($7,500):
This $7,500 credit (via Audi Financial Services) applies only on leases of new e-tron GTs through Audi’s lender. Make sure the dealer applies it.
2. Customer Bonus ($7,500):
Independent of the lease, Audi is offering $7,500 off any new 2024 e-tron GT (purchase or lease) through 6/2/2025. This usually appears as a “customer cash” or rebate.
3. Audi BEV Loyalty ($2,000):
If you currently own or lease an Audi EV, Audi will credit the transaction with another $2,000.
4. Dealer Discount:
Many dealers will take off some percentage of MSRP on top of factory programs. Leasehackr deals indicate around 10–12% off MSRP before incentives are possible. It doesn’t hurt to ask for even more (some score 15% or more on outgoing models) — every thousand off lowers your monthly payment.
5. MSRP/Pricing Transparency:
Get the capitalized cost in writing. If the dealer markets the car for $100,000 but you drive it out at $90,000 net (after discounts), that $10k lower cap cost directly reduces depreciation charges.
6. Mileage and Term:
Choose the mileage allowance you realistically need. Shorter terms can reduce the total interest paid (especially if MF is high), but longer terms spread out upfront taxes/fees. Shop 24 vs. 36 vs. 48 months to see which gives the best monthly payment for your budget.
7. Documentation Fees vary by dealer:
compare them or negotiate if they are unusually high. And remember that the ~$895 AFS acquisition fee is common on Audi leases.
Finally, don’t forget additional perks: Audi offers 2 years of free Electrify America charging on purchase (though not on a lease) and home-charger installation discounts. Ask if any dealer-specific or regional EV incentives exist (some utilities or states have rebates).
In Plain Language: e-tron GT Key Lease Terms:
1. Capitalized Cost:
Consider this the “price tag” you pay in the lease. Negotiating a lower cap cost is like getting a discount on a purchase.
2. Residual Value:
This is the value the car is assumed to have at lease-end (usually a percentage of MSRP). A higher residual means you’re financing less of the car’s cost, so payments go down.
3. Money Factor (MF):
The interest rate for your lease, in disguise. A smaller number is better. (For a rough APR, multiply MF by 2400. E.g., MF 0.0005 ≈ 1.2% APR.)
4. Monthly Payment:
Roughly (Capitalized Cost – Residual) ÷ months, plus a finance charge. In other words, you pay for how much the car depreciates plus a small monthly “rent” fee.
5. Due at Signing (DAS):
This usually includes your first month’s payment, any down payment (cap cost reduction), taxes/fees, and maybe prepaid items (like AudiCare). Ask for the full “signing” amount – some dealers quote low monthly only if you put a lot down.
Frequently Asked Questions:
Q1. How much does it cost to lease an Audi e-tron GT?
Lease prices vary by location, dealer, and the trim you choose. Currently, most monthly payments fall between $1,000 and $1,100, often with $2,000 to $4,000 due at signing. Always check for current incentives or dealer-specific offers.
Q2. What lease terms should I expect (mileage, down payment, etc.)?
Standard leases are usually for 24 to 36 months with 10,000 to 12,000 miles per year. You may need to pay a down payment or upfront costs, often around $3,000, though this can change based on credit or deals.
Q3. Can I buy the Audi e-tron GT at the end of the lease?
Yes, most leases offer a buyout option. The price you’ll pay is called the residual value, which is set when the lease begins. Check that number before you sign so there are no surprises later.
Q4. Why do Audi e-tron GTs lose value so quickly?
The car has high upfront pricing, and electric vehicles (EVs), in general, are seeing faster price drops due to newer models, changing tax credits, and supply chain shifts. This doesn’t mean the car isn’t good—it just affects resale and lease pricing.
Q5. How can I get the best lease deal on an e-tron GT?
Compare offers from multiple dealers, ask about manufacturer rebates, and try to negotiate the selling price (also called capitalized cost). Watch the money factor (interest rate) and residual value, as these affect your monthly payment. Lease forums like Leasehackr can help you spot fair deals.
Conclusion:
Today, leasing a 2024 Audi e-tron GT can be a smart financial decision if you drive below the allowed miles and don’t mind not owning the car. With large incentives ($15K total from Audi’s programs) and dealer discounts, lease payments can be surprisingly affordable given the car’s high sticker price. However, because these cars depreciate steeply (nearly half their value in a few years), savvy shoppers should also crunch the numbers when buying used cars. For many, leasing offers peace of mind (new-car warranty, easy turnover) at a known cost. Remember: read the lease contract carefully, compare money factor vs financing rates, and ask about every rebate or credit. Ultimately, the best deal depends on your driving habits, budget, and whether you prioritize new-car luxury or long-term value.
