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Audi Q7 Lease Questions

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Comments

  • fikisportsfikisports Posts: 3
    Hi Car_man,
    Please fill me in on the following lease rates for a 2010 Audi Q7 Premium Plus, based on 15,000 month and 36 or 42 month terms. Thank you
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi fikisports. Here's the numbers that you're interested in. Audi Financial Services' May buy rate lease money factor and residual value for a 36 month lease of a 2010 Q7 Premium Plus with 15,000 miles per year are .00151 and 45%, respectively.

    The numbers for an otherwise identical 42 month lease are .00171 and 41%.

    Car_man
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  • shivrajrshivrajr Posts: 4
    Hi Car_man - Can you post MF and residual for 36 months and 10k miles for 2010 Q7 Preimium.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here you go, shivrajr. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 Q7 Premium with 10,000 miles per year are .00151 and 50%, respectively.

    Car_man
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  • Hi Car_man,

    How about the same as above, but for 15,000 miles?

    Thanks!
  • kyfdxkyfdx Posts: 28,057
    Subtract 3% from the residual to go from 10K/yr to 15K/yr..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Thank you Walt!
  • max27tmax27t Posts: 35
    Hello Car_Man,

    Do you have any information on the current rates for 2011 models? Delivery won't be for a couple months, but the MF I was given today seemed a little high. It is for a 2011 Q7 TDI Prestige 15K miles 36 months. Thank you very much.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I certainly do, max27t. Through July 5th, Audi Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2011 Q7 TDI Prestige with 15,000 miles per year are .00214 and 48%, respectively.

    This program is fairly irrelevant though because Audi's program for this truck will likely be very different several months from now.

    Car_man
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  • max27tmax27t Posts: 35
    Thank you, Car_man.

    I realize the MF will change, but I wanted to get a calibration point. I was told the MF would be 0.00269, which seemed high. I believe you have confirmed my suspicion. The residual is the same. Thank you very much.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome, max27t.

    Car_man
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  • kwakagykwakagy Posts: 3
    edited July 2010
    Car_Man,

    Do you know what the current rates are for a 2011 Q7 TDI Premium Plus - 15K miles 48 months?

    Thanks in advance.
  • jd15jd15 Posts: 2
    Hi Car_man

    I am in the market to lease a Q7. The dealers are quoting me prices above the TMV for those areas. Is this just a process of haggling? I've never bought or leased such an expensive vehicle before. One guy even quoted options with accurate MSRP, Invoice but said he can sell the car for more than TMV, so wont sell it at that price. I can pay 1-2% extra but really bothers me to do so. He wants me to pay more than something is worth. I just hope other buyers feel the same way and dont give into these salesmen's tactics. I know some body else will buy it at a price he wants but I just refuse to pay extra. Any thoughts? suggestions ?

    Thanks

    JD
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the info that you're looking for, kwakagy.

    Audi Financial Services' July buy rate lease money factor and residual value for a 48 month lease of a 2011 Q7 TDI Premium Plus with 15,000 miles per year are .00214 and 53%, respectively for consumers who qualify for its top credit tiers.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jd15. I usually find that savvy consumers who are in an area that has a decent level of competition are usually able to negotiate lower selling prices than TMV. It's possible that there's a lack of competition or a shortage of the Q7 in your area, but I have not heard anything specific about this truck being more expensive than normal. Have you tried all the dealers in your area? Are you negotiating over the phone / via e-mail or have you physically gone to these dealerships? Dealers are usually a lot more willing to work with consumers who are physically on their lots rather than giving them a price on e-mail that they can shop around.

    Car_man
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  • I would just like to say "Thank God for forums like this" You have been very helpful. I went into a local dealership in the metro DC area. I am looking to lease a 2011 Q7 TDI prestige package. I have ben reading the forum here for the past few days and realized that it seems there are no deals on the Q7 and it is difficult to locate the exact package you are looking for "color, engine, etc" I bargained the sales rep I was talking with from $888 per month with 12K per year 36 month lease and $5K down for a 3.6ltr 2010 premium plus package. They didn't have the package or color I wanted in stock, and basically talked me out of the TDI as they said it would be more expensive roughly $950 per month. What is your opinion of this deal? I think its a crock of sXiX myself.

    Cheers
    MK
  • mbi1mbi1 Posts: 1
    What are the lease factors for a 36mo, 12,000 miles, 2010 Q7?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi rugby1972. The easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor. It would be much easier for us to evaluate this deal if you provided us with this truck's MSRP and selling price. Let us know and I'm sure that either myself or another helpful community member will gladly let you know what they think.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Mbi1, Audi Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2011 Q7 3.0T Premium with 12,000 miles per year are .00214 and 56%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • jd15jd15 Posts: 2
    I got a notification of email thread in audi q7 section...about some one from Nigeria who wanted to buy and ship a Q7 to Nigeria.....I can assure you this is a scammer ! I wanted to reply by giving him Chris Hansen's email (Dateline, NBC) but decided not to as this guy may use my email for phishing....anyways I would like to flag his post as a scam and make everyone aware ! Beware of the Nigerian prince...lol !
  • Hi Car Man:

    Looking for some help with a Q7 lease deal w/ following options:
    Prem Plus package
    Full body paint
    Warm Weather package
    19 " wheels
    Audicare

    MSRP: 55,675
    plus Audicare: $695
    Total MSRP: $56,370
    Purchase price: 53,385 - $1,000 Audi loyalty money = $52,285 ($750 over invoice)

    Terms: 36 month, 12k miles w/ 53% residual and .00214 MF

    What do you think ? Thank you ...
  • Hi JPeriwinkle. $750 over dealer invoice is a pretty good deal for this car.

    The money factor that you were quoted isn't bad either, but it's slightly high. Consumers who qualify for Audi Financial Services' top credit tier are eligible for a buy rate of .00199.

    I would shoot for this selling price, but the lower money factor and see what happens. All in all though this is still a pretty good deal.

    Car_man
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  • I've looked at a 2010 Q7 TDI with an MSRP of $59755. The best they would do on it is $56,574 and include free maintanence for four years. There is practically no inventory of Q7's within 100 miles so there is no competition in the area. Is this too much for a 2010?
  • Car Man,

    I am looking for a Q7 3.0T Premium. It will be a factor order. Dealer will sell for 500 over invoice. This is a good deal?
  • I have my final configuration. This is a factory order.
    3.0T Premium with 19" wheel with destination:
    MSRP 47375

    Invoice 44121
    Dealer profit 500
    Audi Loyalty (1000)
    Bank Acq 625

    10k/yr lease. MF is .00199. Residual 57%.
    Min Drive off is 1358. Payment is 701 (with tax 9.25%).

    Is Bank Acq 625 standard rate? Can it be waived?
    Base on my calculation, there is a hidden charge for 700. This is more than dealer profit. Dealer said it is advertising and vehicle prep fee. Can it be waived?

    Am I getting the best deal?
  • Do you need to pay for any Advertise fee and dealer prep fee? Is so, how much is it?
  • Dealer invoice: when you look up dealer invoice on Edmunds.com, there is a disclaimer regarding ad fees:
    The invoice price does not include any fees that may be charged by the manufacturer to dealers in a particular area of the country, such as local advertising fees, dealer association fees, or docking and storage fees. Edmunds.com does not track or provide such local fees.
    If a local fee appears on the invoice, it is an actual cost that the dealer paid to the manufacturer when buying the vehicle. In other cases dealers may choose to write in their own ad fees on the consumer sales contract. However, in either case these local fees are a part of the dealer's cost of doing business


    Aquisition fee cannot be waived, it has to be paid upfront, or spread over payments.
  • kjhokjho Posts: 4
    Hi,

    I''ve an 08 Q7 with 29K miles with an option to purchase it for 27160 from Audi FS. As this seems to be a low price, my friend would like to purchase this vehicle. Does anyone know if this can be done. I got conflicting answers from Audi when I called. I would appreciate any insight on this,

    thx.
  • Hi chchoi. $500 over invoice is a very attractive selling price for an ordered Q7. Just make sure that the dealer uses Audi Financial Services' current buy rate lease money factor to calculate your payment and you're in business.

    Car_man
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  • Hey Car Man,

    I am looking for some advice on the Q7. I am looking at a 3.0T S Line. They seem to be very hard to get in CA. I spoke with the dealer tonight who quoted me 50% residual and .0028 MF. These don't seem quite right to me based on my research.

    Do you have the October numbers from Audi Financing for MF and Residual? I would be interested in 12K and 15K per year.

    What do you suggest is a fair price? $500 over invoice, $750? Given that they are hard to come by, I am interested in your thoughts.

    Finally -- sorry for so many questions -- if I factory ordered, would you change your response? The reason I ask is that there are some options that I want that are not available in the know inventory/incoming shipment, so I am thinking about factory order.

    Thanks!
This discussion has been closed.