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Audi Q5 Lease Questions

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  • Thanks kyfdx! I notice that apparently the MF and residual are better for the SQ5 than they are the Prestige. Is that typically the way it runs? That 5% difference between 52% and 57% is significant....significant enough to help me reach up for the SQ5 which is the one I actually want. I'll have to run the numbers but that's a pretty big delta...the money factor is better to apparently, though barely so.

    Appreciate the assistance.
  • kyfdxkyfdx Posts: 27,671
    edited September 2013
    In general, the Prestige trim in every Audi model has a much lower residual value than the Premium Plus trim...

    The spread is about 4 percentage points, with either the Q5 or the SQ5..

    Q5 3.0T Premium Plus = 56%
    Q5 3.0T Prestige = 52%
    SQ5 Premium Plus = 57%
    SQ5 Prestige = 53%

    (36mo/45K)

    So... skip the Prestige package and get a loaded up Premium Plus, and you'll save a lot on an Audi lease..

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  • Thanks kyfdx. One more question....a dealer in my area is trying to say marking up the money factor (from .0017 let's say to well over .002) is standard practice for a dealer. I would think it's standard practice to try, but isn't reasonable to expect that I should be able to get the MF down to the numbers quoted here? My credit is outstanding. Thanks!
  • kyfdxkyfdx Posts: 27,671
    It happens more than it doesn't.... With Euro import dealers, it almost is standard practice...

    But, you notice how the story has changed? First, the dealer says it's because of the higher mileage allowance.... now, it's because everybody does it..

    The reality? When you were finalizing your lease, he was trying to win your business.... Once he had it, and you wanted changes, he sees you as being committed, and uses that to his advantage... Ever build a house? Upgrades are cheap when you are finalizing your contract, but change orders all come at full price...

    Tell him you are disappointed that he would try to extract extra profit from you, when what you asked for doesn't cost him anything.. and, then... ask for the base rate that he agreed to, previously... even with the higher mileage allowance...

    regards,
    kyfdx

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  • yankees338yankees338 Posts: 28
    edited September 2013
    Hi,

    We're looking at a 2014 Q5 Premium Plus from a dealer in NJ. The quote was through Sun East Credit rather than Audi Financial as the dealer claimed they were offering better rates. However, we've heard of issues with early trade-ins/vehicle assessment at the end of the lease with Sun East, so any feedback on them would be great.

    Here is the offer:

    MSRP: $46,475
    Adjusted Vehicle Price: $41,750
    36 Months
    Money Factor: .00147
    Residual: 60%
    12,000 miles/year
    Due at Lease Signing: $1,238 (includes 1st month)
    Payment: $524.36/month

    Again, any feedback would be appreciated!

    Thanks,
    Ryan
  • q5audiq5audi Posts: 3
    edited September 2013
    Ryan,

    I am also looking for buying Q5 in NJ. Looks like you got the best deal. Please let me know the dealer name and sales person name. i have to finish the deal by next week.

    Thanks
    Ragow
  • disladisla Posts: 55
    Ryan,
    Your deal looks great, given the high MSRP.
    What options did you add on to the Premium Plus?
    I do have many friends in a tri-state area using leasing brokers, like grandprixmotors.com, they experienced no issues upon returns.
  • Is the MF for a SQ5 Prestige the same as the Q5 Prestige at .0017 for 36mo and 15k/yr?

    Thanks...again.
  • kyfdxkyfdx Posts: 27,671
    Q5 is .0017

    SQ5 is .00167

    A very, very small difference..

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  • Ryan,

    My dealer in NJ quoted Selling price as $43709 for MSRP $48050 and inception price as $2477 which includes 1st month payment + MV(411) + Doc(299)+tire tax(7.5)+supp(184)+bankfees (995) and residual as 60% of MSRP with 0.00147 as money factor.

    Please let me know is this a good deal.
  • theeegodtheeegod Posts: 53
    edited September 2013
    Anyone know the MF and Residual value of a 2013 2.0T Q5 premium plus 12k miles/year, 36 months, for Sept?
  • kyfdxkyfdx Posts: 27,671
    .00151 MF and 53% residual..

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  • I just ordered a 2014 premium plus TDI at a local Houston dealer. He told me the lowest he could go is 3% off MSRP and that no dealer in TX would go any lower. He also asked me to leave a fully refundable $1K check deposit, but told me he would not cash it, and once the car arrived I could just use the check towards the purchase price.
    So my question is, has anyone recently ORDERED a q5 in TX and gotten it for less than the True Market Value Price?
    Also, if you left a check for deposit, did the dealer really just hold on to it, or did they cash it?
    I am asking because I may change my mind and I do not want any problems if I do.
  • kyfdx...quick question, what would the MF and residual be for a 2013 Q5 Prestige, 36 month 15/year? How bout 12K/year?
  • Does anyone have MF and residual rates for a 2014 SQ5 Premium Plus. Would be interested in #s for both 36m and 42m lease with 12k miles.

    Thanks in advance.

    Also, does the inclusion of Audi Care increase residual rates?
  • kyfdxkyfdx Posts: 27,671
    .0015 and 48%.. add 2% for 12K/yr

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  • kyfdxkyfdx Posts: 27,671
    2014 SQ5 Premium Plus

    36mo/12K ... .00167 and 59%

    42mo/12K... .00187 and 55%

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  • kyfdx - mind sharing the MF and Residual value of a 2013 2.0T Q5 premium plus 10k miles/year, 36 months (and MMI, though doesn't matter I believe) for sept? thank you!
  • kyfdxkyfdx Posts: 27,671
    .00151 and 54%

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  • infinitoinfinito Posts: 2
    edited September 2013
    kyfdx,

    What's the MF and RV for a 2014 Audi Q5 Premium Plus with 12K/year and 36 month term in Austin, TX? Looking at MSRP of $48,445 and per Audi Sales, they have a deal with my employer where I get price of Invoice, so $45,122, is this a good deal? We have not spoken about financials yet but planning on leasing.
This discussion has been closed.