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# Audi Q7 Lease Questions

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21If I gave them my A6 for the trade-in, doesn't it mean that I pay less sales tax on the Q7 lease? So if I get 7,000 off the price of the Q7, I am now saving on the tax.

Here are the numbers I ran through LeaseGuide.com, without and with the trade-in. This is for a base Q7 with a NJ sales tax. Please tell me if this is realistic!

According to LeaseGuide.com w/o trade-in

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MSRP: 39900

Base Cap Cost: 38000

Costs Added: 575 (aquisition fee)

Cap Cost Reductions: 0

Adjusted Cap Cost: 38575

Residual Value: 23940 (60% - 10k/yr)

Money Factor: 0.0004

Term: 36

Sales Tax: 7%

Depreciation: 14635

Finance (Rent) Charge: 900

Total Sales Tax: 1087

Total of All Pmts: 16622

Total Lease Cost: 16622

Monthly Pmt: 431

Tax: 30

Total Monthly Pmt: 461

According to LeaseGuide.com w/ trade-in of $7,000

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MSRP: 39900

Base Cap Cost: 38000

Costs Added: 575 (aquisition fee)

Cap Cost Reductions: 7000

Adjusted Cap Cost: 31575

Residual Value: 23940 (60% - 10k/yr)

Money Factor: 0.0004

Term: 36

Sales Tax: 7%

Depreciation: 7635

Finance (Rent) Charge: 799

Total Sales Tax: 100

Total of All Pmts: 9024

Total Lease Cost: 15534

Monthly Pmt: 234

Tax: 16

Total Monthly Pmt: 250

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0 · Like LOL46In the 2nd example, you say total sales tax is $100. Then you say that of the 250 monthly payment, 16 of it is tax. After 36 months, that's $576 of tax. This represents a $504 tax savings along with a $100 interest savings.

Second, you have the total lease cost in the 2nd example as being $15534. $250*36 = 9000 + 7000 down payment = 16000. This compares to the 16,662 cost of the lease in example 1. This more accurately reflects the tax and interest savings.

While saving $600 is nice, the downside of doing this is if the car is totaled or stolen and not recovered, you lose the $7000 trade in. A cap cost reduction does indeed save some interest and I do believe a trade in would save the tax on a lease.

I do belive, though, that the general consensus would be to avoid any cap cost reduction on a lease, tax savings or not.

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0 · Like LOL21The big question for me on the Q7 remains - is the money factor is also .00038 for the base model just like it is for the premium? I called Audi Fin Svs but of course they didn't tell me this information... Anybody know? Carman?

Before I even started to discuss numbers, the salesperson telling me that the lease deal on the Premium is better. Are they getting some incentive from the manufacturer on the premium models?

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0 · Like LOL21Are there any reasons not to get a 39 month lease instead of 36 months? The warranty still covers it.

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0 · Like LOL38,515Car_manHost

Prices Paid Forum

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Prices Paid Forum

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Prices Paid Forum

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Prices Paid Forum

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0 · Like LOL16Oh darn it, I was hoping to be somewhere in the neighborhood of $500 above invoice. Any how, leasing contract does not list every padded or hidden cost, possibly such as ad fee and any other added in.

You mentioned about good quoted price given dealer swapping models. Would you please give me a little explanation why such was the case?

BTW, is it worth it to buy the Audi Care at this point, considering the cost of regular maintenance at intervals of 15K, 25K, 35K, and 45K (if I purchase the car after 36K mi lease)?

I'm still learning. Thank you so much.

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0 · Like LOL46Let's take a scenario and run it.

MSRP 60,000

Selling Price 58000

MF 0.00125

Residual Value 55%

Taxes 7%

Let's say the residual value is the same for 36 months and 39 months. This is the way it was on my current lease.

From Lease Calculator

For 36 month lease, the monthly payment would be $864.76. Let's assume that all of the upfront fees are the same, in this case $0. 36 $864.76 payments = $31,131.36 total cost of the lease.

For a 39 month lease, the montly payment would be $807.61. 39 $807.61 payments = $31,496.79

You are payment a little more in total payments because you are using their money for 39 months instead of 36 months.

The depreciation cost is the same. You are paying it over 39 months instead of 36, so the payment is lower, but you make more payments.

If the residual value is much lower on a 39 vs 36, then you have the analyze the two and see which is better.

This scenario costs you $365 over 39 months to have a payment that is $57/month lower.

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0 · Like LOL21Do you know if I should be paying both the Destination Charge and the Acquisition (Bank) Fees, or just one of them? Should this fee(s) be capitalized as a part of my Net Cap, or paid up front?

Please look at my numbers that I got from the dealer yesterday:

http://tinyurl.com/33h269

The dealer said he's charging me $300 over invoice, yet the Net Cap includes the Tax amount...

I also have the right to give them multiple security deposits to reduce my MF ?

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0 · Like LOL46As for the MSDs, they should be allowed but check on their program. For instance, a Mercedes dealer told me that for them, MSDs reduce their base money factor. If MB Financial is offering a subsidized money factor, MSDs do not lower the subsidized rate, making them a non-factor.

I know for sure that BMW and Audi allow for MSDs to reduce whatever the rate they offering.

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