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Audi Q7 Lease Questions

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Comments

  • beopersonbeoperson Posts: 54
    Yes,
    Jack Daniels and Paul Miller match them
  • towsonnctowsonnc Posts: 9
    any other details on the $2000 incentive... im being told $1000 by a dealer in south jersey. thanks in advance.
  • loggieloggie Posts: 31
    are you being told that you can apply the $2000 towards a lease and still get the march money factor of .00006 ?

    jack daniels has the largest inventory, about 80 Q7s,
    I would think they are quite motivated to reduce their inventory.
  • camy2079camy2079 Posts: 8
    .00006.... what the heck. I just signed on Feb 28th and the MF was .00033. It looks like the difference for me would be right at $20. I guess I should have picked up on this earlier, does anyone think I could call AFS and get the lower MF? I have not gotten my first invoice yet....

    Take care,
    Charles
  • beopersonbeoperson Posts: 54
    No I'm wrong - there is no incentive of $2000, Not in March anyway. I guess It's just they way present their discount on paper.
    I'm at $1200 below invoice on 3.6 Premium. Not sure if I should pull the trigger.
    I will still have about month on my old lease.
    But I realize that in April numbers may change.
  • loggieloggie Posts: 31
    I would wait it out till the very end.
    whatever works best for you.
    gas prices are rising, Q7 inventories are rising,
    not much good news on wall street,
    so any deal you have in-hand today,
    will most likely be available in april.

    have your salesman shoot me an email,
    just add aol.com to my screen name,
    I am ready to buy before the end of the month,
    maybe you can get something for the referral.

    good luck
  • antgonzantgonz Posts: 3
    Have an offer on an 08 3.6 Premium with Panoramic roof.

    MSRP 50,975
    Neg. Price: 47,795
    MF .00006
    1K down and 1K from Audi of America
    no security deposit
    $1225 in costs including Audi care
    52% residual
    36mo. 12k year
    654 per month including 7% tax

    Please let me know what you think.
  • mssurreymssurrey Posts: 48
    Thanks to all on Edmunds for your feedback. As I (think I) got a great deal, I want to share what happened with me this evening (only a couple of hours ago).

    Antgonz and others - you can get much more off the MSRP.
    I was invited into the Sales Manager's office directly today (forget about the salesman!) and offered coffee, mince pies etc!!!
    OK, he asks, what do I want?. I was thinking $1500 below invoice (invoice = $53,377). The monthly figure came to $669. I said I was looking for (random thoughts at this time!) a monthly figure of $650. So he starts putting in figures into his lease worksheet on his computer in front of me.
    First $52000, then $51,500, then $50,800 at which point the monthly lease hit $650.01). That was it. I put a deposit down there and then.
    Wow, never had a sales manager call me into his office and simply generate a figure to meet my 'target'.
    After this, I had a long chat with the manager for about half an hour - a really nice guy! If you want a Q7 NOW, he has 3 or 4 left and wants (NEEDS) to hit his quarter target befoe MONDAY 31st.

    CARMAN:-
    This is what i've just been offered.........
    Now, my only issue is whether to go with a 27 or a 36 month lease ????
    Please, please, please let me know before Saturday as I have to sign the lease for the car at that time....Much appreciated.

    MSRP $56,825 plus Audicare = $57475 (3.6 Premium with 20in wheels, dvd nav, sunroof, convenience pack, and cold weather pack).
    0 down other than Fees = $823.30 (acq fees, plate transfer, doc fees) plus first month upfront (see below).
    12K miles p.a.

    Adjusted Cap Cost = $50,800 inc Audicare (over $6,500 OFF the MSRP !!!!!!!!!!!!!!!!!!!!!!!)

    Residual = 52% (36m) or 58% (27m)
    MF = 0.00006
    Lease term = 36 or 27 months
    Payments Inc tax = $650 (36m) or 731.33 (27m)

    What's the better deal?

    Thanks once again to all at Edmunds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the information that you're looking for, chrism124. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Q7 3.6 Premium with 10,000 miles per year are an amazingly low .00006 and 52%, respectively. The numbers for an otherwise identical lease of an '08 Q7 4.2 Premium are .00044 and 50%. I have not seen AFS' 42 month money factors for these models. Audi is not providing any cash incentives on the Q7 in the Northeast right now.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello awedio. Audi Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 Audi Q7 3.6 non-Premium with 15,000 miles per year are .00006 and 58%, respectively. The numbers for an otherwise identical lease of an '08 Q7 4.2 are .00044 and 55%. The 36 month numbers for the 4.2 are .00044 and 47%.

    The $1,500 die at signing assistance is still available on the '08 Q7, but it is a regional program that is only available in the Western U.S.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey Charles. Audi Financial Services; current buy rate lease money factor and residual value for a 36 month lease of a 2008 Audi Q7 3.6 Premium with 12,000 miles per year are .00006 and 51%, respectively. Audi is providing a special $1,500 cash incentive on leases of this truck in the Western U.S., but I do not believe that it has any owner loyalty incentives available on it at this time.

    As far as this vehicle's selling price goes, I am not intimately familiar with what the market is like for it right now. If I was interested in one and I was in an area that has a decent level of competition, I personally would shoot for $500 to $1,000 over invoice and see what happens. Try stopping by the "Audi Q7 Prices Paid and Buying Experience" discussion to see how much other community members have reported paying for their Q7s lately.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • hamomhamom Posts: 13
    We are looking at the Q7....love it...but wanted some advice on a "good" lease for this. Any help would be greatly appreciated. I live in NJ...
  • towsonnctowsonnc Posts: 9
    mssurrey - where are you located? what dealer? im looking for the same deal and would jump on it if given the opportunity. thanks.
  • mssurreymssurrey Posts: 48
    Hi CARMAN,

    Can you get back to me urgently on my deal (see my post March 27th)
    I'd like to know what's best 27 or 36 month lease (figures for 30 month were the same as 27 month so won't bother with 30 months)
    Thanks !!!!!!!!!!!!!!!!!!!!!
  • mssurreymssurrey Posts: 48
    Located in Farmington Hills, MI

    Dealer is Bill Cook Audi (part of the Suburban group).
    Ask to speak with the sales manager direct (no names allowed by Edmunds?)

    Good luck!!!
  • caveatcaveat Posts: 1
    I leased a Q7 3.6 today. Sticker nearly $58,000.00. Premium, Cold Weather, Trailer Hitch, Ipod Sync, Nav, Larger Wheels, Panaramic Sun Roof. 2100 down, $797/month (inc. 6% sales tax) 15,000 miles per year, 36 months. $1,000.00 lease rebate included.

    I drove the GL450 and ML350/500. The GL was nice, but the Audi interior was far superior, the MMI is great and the ride is very pleasant. It's a dash louder than I'd prefer (exhaust howl). Other than that, it's great.
  • rpowers1rpowers1 Posts: 5
    Is this dealership anywhere in the tri-state area - I would like to go there this weekend if possible.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi wildbill750. $500 over dealer invoice is a very good price for a leased 2008 Audi Q7, unless you are in the Western U.S. where Audi is providing a special $1,500 incentive on leases of this truck. The money factor that you were quoted is higher than Audi Financial Services' March buy rate for this model. If you haven't finalized your lease yet, make sure that the dealer that you are working with uses AFS current buy rate of .00006 to calculate your monthly payment.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey wildbill750. Good question. While I don't know the exact rules for this specific program, incentives eligibility is usually based upon one's place of residence not where the vehicle comes from. As a result, while I am not 100% positive I doubt that you would qualify for the $1,500 as a Texas resident who is having a vehicle shipped form California. Definitely check with the dealer to make sure that is the case though.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi hamom. The best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible on the vehicle that you want and then have the dealer calculate your monthly payment using its buy rate lease money factor. Coincidentally, a number of people from New Jersey have recently reported how much they have paid or been quoted for the Audi Q7. Scroll back a few messages to get an idea of what the market is like for this truck and how much you should pay for it in your area right now. As far as the money factor goes, through May 2nd, Audi Financial Services' buy rate lease money factor on the 2008 Q7 is an amazingly low .00006. Make sure that the dealer that you are working with uses that factor to calculate your monthly payment.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey mssurrey. Just missed you. Sorry. Did you finalize the deal yet? If not, let me know and I'll gladly answer your questions. If you did, how did it go?

    Car_man
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  • towsonnctowsonnc Posts: 9
    can anyone confirm that april residuals and money factor of .00006 are the same?
  • beopersonbeoperson Posts: 54
    I just got confirmation from norternn NJ dealer that April numbers have not changed.
  • beopersonbeoperson Posts: 54
    1. What the offer should be like for a Q7 with 3000 miles on them?
    I personally think that it should be at least 25c per mile less than similar car with no miles.
    I'm already getting about $1000 of Invoice, but for car with 3K miles I should get even better discount in my opinion.

    2. I have been offered 39 month lease and numbers look about $22 a month better.
    Personally I think this will work for me and it adds only 3 month to the 36 month term. Any comments? Where did dealer get 39 month numbers?

    Thanks in advance
  • mssurreymssurrey Posts: 48
    Hi Carman,

    Yep - did the deal. Took delivery last night.

    I'm paying $731 (inc tax and Audicare) for a 27 month lease with 12K miles p.a. I believe that if everything is proportioned out, the lease will cost me about $20 extra per month over the 36 month rate. I can live with that condsidering that i'll be able to return the vehicle 9 months earlier.

    MSRP, cap cost, MF, rediduals etc figures are as stated in my previous posts. Although, it's a moot point now, but what do you think of the deal anyways?
  • Got the car last weekend

    53875 Sticker
    49399 Capcost
    4500 drive off
    543.4 x36 including tax 8.75 and Audi care @650
    Residual 28554 = 53%

    Q7 3.6L Premium + Convenience + Pano Roof + 4Zone

    Cheers,
  • Important factors are
    Rebate 1000
    Incentives 1500
    Money factor .00006
    Audi Care add 1% to residual
  • beopersonbeoperson Posts: 54
    ltooz_audis
    Are you on the west coast?
    Incentive of 1500 is only available on the West Coast right now.
    Can you tell us more about 1000 rebate?
    Thanks
  • chrism124chrism124 Posts: 133
    Jerry,

    Is the $1000 rebate region specific and/or Q7 model specific?

    Regards,
    NHman
  • 2goose2goose Posts: 5
    I was offered a lease at my local dealer and I was wondering what your take is on it:

    Q7 Prem. Stiker: $58,125 (Towing, Sunroof,Cold Weather, Nav., Convenience,20" wheels)

    39 months/15K per year
    $ 1,000. Total up front
    $ 794. per month-tax included

    My wife has fallen in LOVE with this car and I want to make sure it is a good deal.

    Thanks
This discussion has been closed.