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Audi Q5 Lease Questions

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Comments

  • zeerazeera Posts: 18
    Hi
    I received the below quote after a lot of negotiation... but still doesnt feel right. Please advise. This is in Chicago.
    MSRP: 46980
    Negotiated Price: 44213
    Service Contract: 1000
    DMV: 194
    Doc Fee: 160
    Taxes: 3660
    TOTAL: 49228

    Based on these numbers: he gave me the below:
    with just first month payment and inception: for 10K miles per year he is quoting $834 per month. Residual ($25369)
    for 1000 Cap reduction - the monthly payment comes down to 805.
    does that seem right to you?
  • nescovernescover Posts: 5
    This seems a little high if they are using the .00136 base money factor marked up .0003 which is typical.

    I calculated $757.11 assuming you were paying $1k cap reduction assuming 36 months.
  • Hi Car_Man,

    Could you give me the lease rates for a Q5 3.2 Premier Plus, 36 months, 12k miles? We've been quoted 0.00208 and 50%, which is way off what appears to be the right rate.

    Thanks

    Ben
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi zeera. Dealer invoice is a very good deal on a Q5. If I was in your situation I probably would lease in Florida and then move to Chicago. Having said that, there is a good chance that you will have to pay any tax that you avoided by getting your truck in Florida when you go to register your vehicle in Illinois.

    I would be happy to work up a payment for you if you provide me with both this vehicle's MSRP and selling price.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey zeera. Sorry for the delay in my response, I was away last week. Audi Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 Q5 2.0 Premium Plus with 12,000 miles per year are .00136 and 52%, respectively for consumers who qualify for its top credit tier.

    The residual value for a lease with only 10,000 miles per year would be 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited April 2012
    Hi Ben. Audi Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 Q5 3.2 Premium Plus with 12,000 miles per year are .00132 and 52%, respectively for consumers who qualify for its top credit tier.

    As you can see, the factor that you were quoted is too high.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • radoncgsradoncgs Posts: 58
    hi, what is Supplier Certificate? and how to get one? thanks.
  • Thanks once again! I used your info 2 years ago for my A5 and got a good deal.

    Today I got 0.00132, 53% (+1 for Audi Care package), $0 down on a Q5 3.2L Daytona Premier Plus S-Line today. I'm basically paying the same monthly fee that I pay for my A5 :) So very happy.

    Thanks, we'll talk in 3 years!

    Ben
  • zeerazeera Posts: 18
    Hi
    if you are working for one of the companies that is a "supplier" for Audi - I guess your HR should be able to give you a company number - that you can input at www.audisupplier.com and then you get the supplier certificate.
  • Hi,
    I have moved recently to USA and I dont have any credit history here. I saw audi's foreign business professional program and went and checked that with a dealer in Englewood, New Jersey. I got the below quote. Looks ok to me but I just want to make sure its not a bad deal.
    Q5 premium plus package + Nav Invoice price= 42993
    Lease months = 42
    Mileage = 10,000/yr
    Money factor = 0.00176
    Residual Value = 21596 or 48.13%
    Monthly payments = $623.11
    Initial Charges = $3871.63(First month+$399 for registration+$695 bank fee+$249 documentation fee+$7.50 tire tax+$1898.02 Sales tax)

    Regards
    Deepan :confuse:
  • Hi Need advice on the above post urgently as i am about to close the deal

    Note: I also have weather mats worth $300 in the cost above and spoke to the dealer and negotiated for Audi care as well for the same price.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome Ben.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • scolon7scolon7 Posts: 1
    Received the following quote from a dealership and was curious whether this was a good deal. Seems like there is still room for negotiation...any feedback is helpful. Thanks...

    2012 Q5 3.2
    42mos/10k per year $727 w$1750 down

    2012 Q5 2.0
    42 mos/10kper year $705.11 w/$1750 down

    Money factor for 3.2 is .00194 and the 2.0 is .00173

    Includes discount of $1250 + $750 for loyalty
  • Here is a deal that 1 dealership has offered and another has matched for a moonlight blue/cinnamon 2012 Q5 2.0 Premium Plus with Navigation and floor/trunk all-weather mats for 36 month lease 10k miles/yr:
    1st month $597.89
    Tax $1987.55
    Inspection $10
    Tire Tax $12.50
    Doc Fee $75
    Bank Fee $695
    Total due at signing $3,377.94
    Residual 52%
    Buy Back $23,160.80
    Money Factor .00134
    MSRP 44,550
    Sell price 42,317.13

    Does this sound like a good deal or should I wait for 2013s to be delivered? This deal includes the $750 loyalty rewards. I am on Long Island, NY. Thanks for your help!!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi carnewbie2. This offer is at around $800 or so over dealer invoice with the use of Audi's buy rate lease money factor. That's a pretty good deal on a Q5 right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • azazello1azazello1 Posts: 1
    I am getting a quote from an Audi dealer for a 4yr/48k lease for a 2012 Q5 2.0 with Premium Plus, Navi package, 19" wheels, B&O sound, Audi advanced key, all weather floor mats. The MSRP is $46,750. The quoted price is $44k even. With a 4 year lease the residual quoted is $20,920. The money factor is .00336, which seems horribly high but they are saying it could improve based on credit report.

    What do you think? Really would love to hear your opinion.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi azazello1. I certainly hope that the money factor they quoted you would improve once they run your credit. Are they assuming that you're in bankruptcy. The figure they quoted you is nearly triple the best available factor for the Q5....00134 for 36-months and .00174 for 48-months. If your credit is in good shape, make sure that the dealer uses these factors to calculate your payment.

    Having said that, the selling price that they quoted you for this truck looks great.

    Just make sure to get the money factor straightened out and you'll be in good shape.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • brandmar1brandmar1 Posts: 17
    Hi Car_Man,

    Looking for the money factors and residuals on an Audi Q5 3.2 PP - 12K and 15K for 36 months.

    Thank you!
  • chrisch70chrisch70 Posts: 8
    My Q5 lease is coming to an end in October and I have the option to purchase my 2010 Q5 3.2 premium plus, 40k miles at lease end, with Nav + Bang soundsystem and premium wheels for $23k, which seems to be a good price, given the current rate for used Q5 (any thoughts on that?)

    Also is anyone willing to share some experience dealing with Audi, when their Q5 lease came to an end? Are they willing to buy the car back, or did they even lower the set purchase price. For the latter, I assume not, as the cars value is in high demand and value is holding up.

    If anyone can share their experience, I would really appreciate!

    Cheers
  • kyfdxkyfdx Posts: 27,671
    Yeah... that sounds like a great price on a 2010 3.2... Even four months from now...

    Don't think I've seen a 3.2 model below $30K...

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This discussion has been closed.