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Audi Q5 Lease Questions

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Comments

  • 2.0T model? .00162 MF and 57% residual..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Yes for a 2.0T model. Thanks. Something seems wrong here because I went to the dealership yesterday and got my car appraised for $8,000 (2007 Honda Civic EX with 65K miles) and got an estimate back for 2014 2.0T Premium Plus Q5 with 12K miles/year for $573.97 per month. They are taking the full $8K as down payment for the calculation. With the .00162 MF and 57% residual I get a much lower number, wonder if I'm calculating this correctly.
  • kyfdx%40Edmundskyfdx%40Edmunds Posts: 25,879
    edited September 2013
    With no Cap Cost reduction, and no allowance for upfront costs, I show $604/mo.. So, yeah... there is a lot going on there..

    Let's assume they think the invoice is $750 more than you do (advertising charges, BS charges, etc..) Then, add the acquisition fee ($700 or so).. Now, let's add a dealer doc fee of $600 (more BS).. So, now we are up about $2000 more than you thought... Subtract that, plus the first payment, plus about $500 in registration/title fees.. So, that eats up about $3000 of your $8000... Now, lets subtract the $5000 from my previous calculation.... as a CAP cost reduction... New payment = $457/mo....

    Of course, you have to account for sales tax... What state do you live in?

    (you can see where I'm going here, right? Selling a car at invoice means nothing, if they don't specify what that number is, and add in a lot of extra bogus fees..) I might be a little cynical.. ;-)

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • KYfdx,

    What do you have for Prestige for 36 and 42?...i saw one post that the residual is usually 4% less but is the money factor the same?

    Thanks..Mike
  • Residual for the SQ5 Prestige are 53% and 49% respectively, for 15K/yr leases for 36 and 42 months..

    And, yes... those are 4% lower than for the Premium Plus model.. The money factor is the same for both models at .00167

    Moderator - Prices Paid, Lease Questions, SUVs

  • To infinito - I am in a similar situation, same area, similar model, supplier disc.
    You might want to ask for the MF they've quoted you with.
    Sounds like in the area they start with 0.00262 and not 0.00162.
    This might explain some of the difference seen.
  • I'm looking at a loaded 2.0L Premium Plus Q5 in Northern NJ, which will be registered in NYC (8.875% sales tax). The MSRP is $47,275, the negotiated price is $44,277. What am I looking at in terms of MF and RV? And does that seem like a good deal (Moonlight Blue, Navigation Plus, 19" wheels, Audi protection kit)?
  • Hi,

    I am looking at a Q5 2.0T Premium model with Panorama sunroof and lighting package in SF Bay Area (8.75%). The MSRP is $41,440, (with metallic color and heated front seats) the negotiated price is $39,500. The proposed MF is 0.00192 and RV 57%. With no money down (except standard charges and fees) this translates into a pricey lease in my mind at about $636.
    Is this a good deal?
    Seems to me I can get a better MF (around 0.00151) assuming excellent credit, which in my calculator translates to about a $535 monthly payment (incl' tax).

    Would greatly appreciate your comments and thoughts
  • " 2.0L Premium Plus Q5"

    2013?

    .00151 MF and 51% residual for 36mo/15K/yr..

    Moderator - Prices Paid, Lease Questions, SUVs

  • Is that a 2014? Base MF is .00162

    Moderator - Prices Paid, Lease Questions, SUVs

  • It's a 2014 actually. We'd probably only drive it 10,000 to 12,000 miles a year too, pretty much on weekends only; does that change the residual?
  • " 2.0L Premium Plus Q5"

    2014..

    .00162 and 57% residual for 36mo, 12K/yr.. add 1% for 10K/yr...

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • whats the money factor and residual value thats reasonable for AUDI TDI premium plus for 42 month lease, 2,500 down with excellent credit history. thank you in advance.
  • for 15,000 miles per year thanks.
  • looking to lease audi Q5 premium plus with navigation.
    I live in Central NJ. Any recommendation on dealer with good deal in NJ ?
  • 2014 Audi Q5 TDI for 42 mo, 15K/yr..

    .00166 MF and 53% residual for the Premium Plus model.. 49% for Prestige.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Hi guys:

    Thanks for spending the time to assist us clueless purchasers. This thread is a fantastic source if information. Can you please advise as to the MF and RV for the following vehicles on a 36 month lease with 12k/year

    1. 2014 Q5 TDI 3.0 premium plus

    2. 2014 Q5 3.0 premium plus

    One other question, would the inclusion of any other options such as navigation effect either of these numbers.

    Thanks,

    Nick
  • 2014 Q5 TDI Premium Plus 36mo, 12K/yr lease
    .00166 MF and 59% residual

    2014 Q5 3.0T Premium Plus 36mo, 12K/yr lease
    .00163 MF and 58% residual

    Once you settle on engine model and trim line, options have no effect on residual percentage

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Thanks kyfdx. Sorry for my cluelessness but are these fixed numbers, best deals or negotiable numbers? Just wondering if these are figures I would have to negotiate to and whether I could do any better with good credit on the MF.

    Thanks again,

    Nick
  • Sorry kyfdx--last question, I promise. I read in one of the Edmunds leasing guide articles that the MF should not be higher than the interest rate I could get on a loan to purchase the car. With my credit score, according to bankrate.com, I should be able to get a new car loan at a figure under 3%. This would equal an MF of .00125 or lower. Is this unrealistic?

    Thanks,

    Nick
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