2015 Audi Q5 Lease Questions

skydeck

When I asked back, it is the response from my dealer : Please print out what you got on line from Audi so I can show Audi financing and make sure it is for the Q5 3.0 2015.

kyfdx

@skydeck said:
And when I asked further, the dealer said MF is 2.46/ RV 60% for 36 mo/10K and 2.77/53% for 48 mo. Is that the right numbers? I have top tier 1 credit scores and I reside in California.

Looks like a huge mark-up in the money factor.... Base MF is .00146 for 36 months, and it looks like they are charging you .00246.

Because I get $561/mo.+tax and they are charging $640/mo.+tax.. The residual is real strong on this model, but the base money factor is already sort of high.... they are adding .0010 to the base money factor and that adds $80/mo.+tax to your payment.

That's assuming you qualify for Top Tier credit.. If you can get the base money factor, I would certainly lease, rather than buy.

skydeck

Is there any regulation they can't mark up this much different ? I know my credit scores above 800. If they try to rip me off from leasing, I'd rather buy. Or am I lost in translation somewhere ? (When I mention your quote, the dealer replied like this : This is not from Audi and we have to submit it to Audi and see what they say about this rate quote from Edmunds. I don’t think Edmund do Financing. I will look into it for you.) (Is he trustworthy to do business? At all ?) I just have $1000 deposit now held by my credit card, I can quit if they try to rip me off.

kyfdx

@skydeck said:
Is there any regulation they can't mark up this much different ? I know my credit scores above 800. If they try to rip me off from leasing, I'd rather buy. Or am I lost in translation somewhere ? (When I mention your quote, the dealer replied like this : This is not from Audi and we have to submit it to Audi and see what they say about this rate quote from Edmunds. I don’t think Edmund do Financing. I will look into it for you.) (Is he trustworthy to do business? At all ?) I just have $1000 deposit now held by my credit card, I can quit if they try to rip me off.

Just tell him that you know the base rate is .00146.. that the guy on Edmunds said so. "If you are marking up the base rate, tell me now, because if I find out that you are, we won't do the deal, anyway".

I don't have a lot of patience for dealers that aren't upfront with the numbers. I'm not taking a marked up rate, but I can at least respect a dealer that tells the truth about it.

He is right... Edmunds doesn't do financing. We also don't lie.. ;-)

skydeck

Thanks, Kyfdx! Fair enough. I've been bitten once with our first lease of Lexus ES 350, we negotiated the purchase price and ended up leasing "without doing homework", they did juggled up the numbers and I paid so dearly. Is there any published source of reference for money factors and RV, etc. for leasing cars ? So I can give my dealer a quote. Anyway, really do appreciate your advice. Hope many others can benefit from your suggestions too.

kyfdx

@skydeck said:
Thanks, Kyfdx! Fair enough. I've been bitten once with our first lease of Lexus ES 350, we negotiated the purchase price and ended up leasing "without doing homework", they did juggled up the numbers and I paid so dearly. Is there any published source of reference for money factors and RV, etc. for leasing cars ? So I can give my dealer a quote. Anyway, really do appreciate your advice. Hope many others can benefit from your suggestions too.

No.. they are confidential numbers.

dave1129

does the residual value change if you purchase Audi Care? On my 2012 Audi lease the residual increase 1%

Michaell

dave1129 said:

does the residual value change if you purchase Audi Care? On my 2012 Audi lease the residual increase 1%

The same is still true = AudiCare bumps the residual by 1%

cheyjey1

Hi - Has this changed for September:
- Prem + 2.0T - .00152 and 58% for 36/10
- What are September's MF and Resid on TDI for 35/10?

kyfdx

cheyjey1 said:

Hi - Has this changed for September:
- Prem + 2.0T - .00152 and 58% for 36/10
- What are September's MF and Resid on TDI for 35/10?

2.0T rates are the same

TDI Prem+ is .00144 MF and 61% residual for 36mo, 10K/yr

dave1129

I just leased a Q5 2.0T premium plus. 36 months, 45k miles. Sticker on car was $47605. I agreed to $648 a month with every last nickel rolled into payment including Audi Care. I'm in VA and sales tax is 4.0%. Seemed like a fair deal. Thoughts?

Michaell

dave1129 said:

I just leased a Q5 2.0T premium plus. 36 months, 45k miles. Sticker on car was $47605. I agreed to $648 a month with every last nickel rolled into payment including Audi Care. I'm in VA and sales tax is 4.0%. Seemed like a fair deal. Thoughts?

If it was a true $0 out of pocket lease, then I think you did fine. Enjoy!

cheyjey1

Can you please give Residual and MF on
2015 3.0 Prestige 36/10
2015 TDI Prestige 36/10

kyfdx

cheyjey1 said:

Can you please give Residual and MF on
2015 3.0 Prestige 36/10
2015 TDI Prestige 36/10

3.0: .00146 MF and 56% residual. (Premium Plus is 60%)

TDI: .00144 MF and 57% residual (Premium Plus is 61%)

tad2480

Good Morning - we are looking to lease a 2015 Q5 Premium Plus and need 10,000 miles per year over 36 months. What is current money factor and residual?

Troy

Michaell

tad2480 said:

Good Morning - we are looking to lease a 2015 Q5 Premium Plus and need 10,000 miles per year over 36 months. What is current money factor and residual?

Troy

2.0T - .00152 and 58%

3.0T - .00146 and 60%

TDI - .00144 and 61%

tad2480

Thanks Michaell. Which model is generally the best deal to lease over these terms?

Troy

Michaell

tad2480 said:

Thanks Michaell. Which model is generally the best deal to lease over these terms?

Troy

Based on the numbers alone, the TDI has the lowest MF and the highest residual. But, you may not be able to negotiate as much of a discount off the sticker price.

It's really personal preference.

skydeck

Hi Kyfdx, my Audi dealer finally agreed to the Edmunds quote of MF/RV. and sent me back these numbers.

Lease for 36 months/10k per year is, $560.80 plus 46.13 sales tax, for a total of $606.93. The lease factor is 1.46 and the residual is 60% of the window sticker of $52505, which is $31503.00. The total drive off is $1893.42, based on approval of credit from Audi top tier, which I have. We're in California.

For 48 month lease/10k per years is $544.02 plus tax of $44.75, for a total of $588.77. The lease factor is 1.77 and the residual is 53% which is $27827.65 of the $52505.00 window sticker. The drive off is $1875.26

Although MSRP is $52505, my negotiated selling price is $47600.

*** Are these good lease rate for either 36 months/48 months? Why lease rate is calculated on sticker price, not purchase price I negotiated? ***

(Again my package is
-
Year 2015
Model

Q5 3.0T QUATTRO TIPTRONIC($44,900)


Options

AUDI GUARD PROTECTION KIT($330)

FRONT LICENSE PLATE - HOLDER($0)

INLAY - FINE GRAIN ASH NATURAL($0)

BANG & OLUFSEN SOUND SYSTEM($850)

AUDI CONNECT($NA)

IPOD CABLE FOR AUDI MUSIC INTERFACE - NO CHARGE($NA)

TECHNOLOGY PACKAGE($4,000)

WHEEL & TIRE PACKAGE - SEE ORDER GUIDE FOR DETAILS($800)

CARGO NET($150) )

kyfdx

skydeck said:

Hi Kyfdx, my Audi dealer finally agreed to the Edmunds quote of MF/RV. and sent me back these numbers.

Lease for 36 months/10k per year is, $560.80 plus 46.13 sales tax, for a total of $606.93. The lease factor is 1.46 and the residual is 60% of the window sticker of $52505, which is $31503.00. The total drive off is $1893.42, based on approval of credit from Audi top tier, which I have. We're in California.

For 48 month lease/10k per years is $544.02 plus tax of $44.75, for a total of $588.77. The lease factor is 1.77 and the residual is 53% which is $27827.65 of the $52505.00 window sticker. The drive off is $1875.26

Although MSRP is $52505, my negotiated selling price is $47600.

*** Are these good lease rate for either 36 months/48 months? Why lease rate is calculated on sticker price, not purchase price I negotiated? ***

(Again my package is
-
Year 2015
Model

Q5 3.0T QUATTRO TIPTRONIC($44,900)


Options

AUDI GUARD PROTECTION KIT($330)

FRONT LICENSE PLATE - HOLDER($0)

INLAY - FINE GRAIN ASH NATURAL($0)

BANG & OLUFSEN SOUND SYSTEM($850)

AUDI CONNECT($NA)

IPOD CABLE FOR AUDI MUSIC INTERFACE - NO CHARGE($NA)

TECHNOLOGY PACKAGE($4,000)

WHEEL & TIRE PACKAGE - SEE ORDER GUIDE FOR DETAILS($800)

CARGO NET($150) )

I would definitely stick with the 36 month lease. My calculated payment is within a couple of dollars of the quote, so that's good.

Only the residual is based on the MSRP. That is how much the car is worth at lease end. That is a fixed percentage of MSRP, because no matter what price you negotiate, it's still the same car. Your depreciation is the difference between your selling price and the residual, so with the fixed residual, every dollar you negotiate lower goes right to your bottom line.

Audis are not cheap to lease, but if you can get a lease with the base rates and a good discount from MSRP, then that is the best you can do.

brstealth

Can you calculate lease payment for a 2015 Audi Q5, 2.0 Premium Plus, Sales tax 9%, MSRP 47,270 based on 36mth/12mi. Also what is MF and Residual for this lease? Thanks

Michaell

brstealth said:

Can you calculate lease payment for a 2015 Audi Q5, 2.0 Premium Plus, Sales tax 9%, MSRP 47,270 based on 36mth/12mi. Also what is MF and Residual for this lease? Thanks

.00152 and 60% for 36/12.

We would need to know the negotiated selling price to model a payment.

brstealth

Negotiated Selling Price is 45,500

Michaell

brstealth said:

Negotiated Selling Price is 45,500

$588.33 pre-tax; $641.28 with 9% tax

jesseramos

kyfdx,

How about the Q5 3.0T 15k/yr at 36 mos and 42 mos?

Thanks!

kyfdx said:

@jesseramos said:
Looking for MF and RV for a 2015 SQ5 Premium Plus and Q5 TDI Premium Plus. 36 mos and 15k/yr. Thanks!

.00144 MF and 58% for the TDI

.00143 MF and 58% for the SQ5

kyfdx

jesseramos said:

kyfdx,

How about the Q5 3.0T 15k/yr at 36 mos and 42 mos?

Thanks!

Premium Plus:

.00146 MF and 57% residual
.00166 MF and 53% residual

tad2480

Hello - Just curious if this is a good lease deal on a 2015 Q5 2.0T Premium Plus. Lease is for 10,000 miles a year, 36 months. MSRP on the car is $47,605. Trying to get 7% of the sticker. I'm assuming dealer does not mark up Sep money factor (.00152) and residual is what is set by Audi which I believe is 58% plus 1% for $860 Audi care.

Cap cost is as follows:

$44,273 (7% off sticker)
+$2,100 (this is Texas 6.25% sales tax on price of the Q5 less about $11,000 for a trade)
+$860 (Audi Care)
-3000 equity applied from trade (mostly just offsetting the up front taxes)
____________

44,233

Monthly pmt = 558


Due at Signing
Capital reduction $3,000 (from trade)
1st month pmt $533
initiation fee
bank fees 695
docs 125
plates and reg 250
Total $4,603

Wondering if there is any way to do better on this lease?

Troy

kyfdx

tad2480 said:

Hello - Just curious if this is a good lease deal on a 2015 Q5 2.0T Premium Plus. Lease is for 10,000 miles a year, 36 months. MSRP on the car is $47,605. Trying to get 7% of the sticker. I'm assuming dealer does not mark up Sep money factor (.00152) and residual is what is set by Audi which I believe is 58% plus 1% for $860 Audi care.

Cap cost is as follows:

$44,273 (7% off sticker)
+$2,100 (this is Texas 6.25% sales tax on price of the Q5 less about $11,000 for a trade)
+$860 (Audi Care)
-3000 equity applied from trade (mostly just offsetting the up front taxes)
____________

44,233

Monthly pmt = 558


Due at Signing
Capital reduction $3,000 (from trade)
1st month pmt $533
initiation fee
bank fees 695
docs 125
plates and reg 250
Total $4,603

Wondering if there is any way to do better on this lease?

Troy

Your calculations are correct. Not much you can improve on.

brosher

Hello, Can you please post the residual and money factor for the Q5 TDI Prem Plus for October? Looking at 36/15k. Thank You.

jcarlough

Hi - would you be able to tell me the Residual & Money Factor for October on:

Both for 36 & 48 and 10,000 miles (I know, a lot to ask!)

SQ5 Prestige
Q5 TDI Premium Plus
Q5 3.0 Premium Plus

If available of course.

Thanks!
Jason

Michaell

jcarlough said:

Hi - would you be able to tell me the Residual & Money Factor for October on:

Both for 36 & 48 and 10,000 miles (I know, a lot to ask!)

SQ5 Prestige
Q5 TDI Premium Plus
Q5 3.0 Premium Plus

If available of course.

Thanks!
Jason

36/10:

SQ5 - .00126 and 56%

TDI - .00127 and 60%

3.0 - .00129 and 59%

Standard rate for MF and subtract 7% for 48/10

jcarlough

Michaell said:

jcarlough said:

Hi - would you be able to tell me the Residual & Money Factor for October on:

Both for 36 & 48 and 10,000 miles (I know, a lot to ask!)

SQ5 Prestige
Q5 TDI Premium Plus
Q5 3.0 Premium Plus

If available of course.

Thanks!
Jason

36/10:

SQ5 - .00126 and 56%

TDI - .00127 and 60%

3.0 - .00129 and 59%

Standard rate for MF and subtract 7% for 48/10

Awesome. How about an SQ5 in Prem Plus trim?

Michaell

jcarlough said:

Michaell said:

jcarlough said:

Hi - would you be able to tell me the Residual & Money Factor for October on:

Both for 36 & 48 and 10,000 miles (I know, a lot to ask!)

SQ5 Prestige
Q5 TDI Premium Plus
Q5 3.0 Premium Plus

If available of course.

Thanks!
Jason

36/10:

SQ5 - .00126 and 56%

TDI - .00127 and 60%

3.0 - .00129 and 59%

Standard rate for MF and subtract 7% for 48/10

Awesome. How about an SQ5 in Prem Plus trim?

Same MF but add 4% to the residual.

kevin_a1

Hi all,

Looking into leasing a 2014 2.0 Premium Plus here in the next month or two in hopes that I'll have more bargaining power with MSRP. What should I be looking for in terms of MF and RV for 12k/36mo?

jcarlough

Last request-

2015 Q5 2.0 Premium

36/10

Thanks!

kyfdx

kevin_a1 said:

Hi all,

Looking into leasing a 2014 2.0 Premium Plus here in the next month or two in hopes that I'll have more bargaining power with MSRP. What should I be looking for in terms of MF and RV for 12k/36mo?

.00134 MF and 54% residual.

kyfdx

jcarlough said:

Last request-

2015 Q5 2.0 Premium

36/10

Thanks!

.00134 MF and 60% residual

Michaell

jcarlough said:

Last request-

2015 Q5 2.0 Premium

36/10

Thanks!

.00134 and 60%

skydeck

Dear all,

What is the lastest MF and RV for Model Year:
2015
Q5 3.0T QUATTRO TIPTRONIC $44,900 ?
36 months lease/10 K
Exterior Color: W1W1 MOONLIGHT BLUE METALLIC $550
Interior Color: VI BEIGE $0
Options: 5PK AUDI GUARD PROTECTION KIT $330
6W3 FRONT LICENSE PLATE - HOLDER $0
7TL INLAY - FINE GRAIN ASH NATURAL $0
9VK BANG & OLUFSEN SOUND SYSTEM $850
9ZW AUDI CONNECT $NA
AMI IPOD CABLE FOR AUDI MUSIC INTERFACE - NO CHARGE $NA
PNY TECHNOLOGY PACKAGE $4,000
PR1 WHEEL & TIRE PACKAGE - SEE ORDER GUIDE FOR DETAILS $800
Q5N CARGO NET $150
DESTINATION CHARGE $925

Michaell

skydeck said:

Dear all,

What is the lastest MF and RV for Model Year:
2015
Q5 3.0T QUATTRO TIPTRONIC $44,900 ?
36 months lease/10 K
Exterior Color: W1W1 MOONLIGHT BLUE METALLIC $550
Interior Color: VI BEIGE $0
Options: 5PK AUDI GUARD PROTECTION KIT $330
6W3 FRONT LICENSE PLATE - HOLDER $0
7TL INLAY - FINE GRAIN ASH NATURAL $0
9VK BANG & OLUFSEN SOUND SYSTEM $850
9ZW AUDI CONNECT $NA
AMI IPOD CABLE FOR AUDI MUSIC INTERFACE - NO CHARGE $NA
PNY TECHNOLOGY PACKAGE $4,000
PR1 WHEEL & TIRE PACKAGE - SEE ORDER GUIDE FOR DETAILS $800
Q5N CARGO NET $150
DESTINATION CHARGE $925

.00129 and 59% for Premium Plus.

Deduct 4% for Prestige

eurocarlov1

Hello! Would you please provide residual and MF for 2015 Q5 2.0 T Premium Plus - 36 months and 15k miles per year? Thanks very much!

Michaell

eurocarlov1 said:

Hello! Would you please provide residual and MF for 2015 Q5 2.0 T Premium Plus - 36 months and 15k miles per year? Thanks very much!

.00134 and 54%

eurocarlov1

I will just put it out there and say WOW, those numbers suck! :-P But thank you none the less.

Michaell

eurocarlov1 said:

I will just put it out there and say WOW, those numbers suck! :-P But thank you none the less.

Audi rarely supports their leases with low MF or high residuals.

brstealth

What is October MF and RV for a 2015 Audi Q5, 2.0 Premium Plus, 36mth, 12K/yr

kyfdx

brstealth said:

What is October MF and RV for a 2015 Audi Q5, 2.0 Premium Plus, 36mth, 12K/yr

.00134 MF and 56% residual.

tntillini

Hello. First timer. Looking at a 2015 Audi Q5 3.0 TDI with a MSRP of $54,525. Haven't negotiated a lease before. 12,000 miles/36 months; $5 K down titled in Philadelphia. Not sure what a good target purchase price would be along with a MF and Residual Factor. Thanks!

kyfdx

tntillini said:

Hello. First timer. Looking at a 2015 Audi Q5 3.0 TDI with a MSRP of $54,525. Haven't negotiated a lease before. 12,000 miles/36 months; $5 K down titled in Philadelphia. Not sure what a good target purchase price would be along with a MF and Residual Factor. Thanks!

.00127 MF and 59% residual.

6% off MSRP is usually about the best you can do on a new Audi, unless there are other incentives, but plenty of people do worse than that..

a6ricardo

Hi…can I have your comments as to this deal I signed today?

2015 Q5 2.0 premium, with options, and audi care, selling price $41,443.00.

salesman said they won’t do less than $750. over invoice, which is what he’s charging.

upfront cost = $2,051, less $1,000 loyaty rebate, so $1,051 out of pocket

lease @ 36 mo/15K

MF @.00134

Residual 57%

As part of deal... the dealer will absorb my last month lease payment from my expiring lease of $560., and he’ll eat the $500.00 or so of excess mileage charge on my outgoing car.

Q5 monthly lease will be $583…including NJ tax

How’d I do?

a6ricardo

btw, the msrp on the Q5 I just asked about, with audi care, is $43,235.00