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Audi Q7 Lease Questions

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  • Hi wlrdlr. Audi Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a 2010 Q7 3.6 Premium with 15,000 miles per year are .00108 and 46%, respectively.

    I don't think that Audi is providing lease support on the '10 (it looks funny to write that doesn't it...man I feel old) Q7 3.0 TDI.

    It is highly unlikely that you will be able to find a dealer that will sell you a 2010 Q7 for less than dealer invoice. If I was in the market for one right now, I personally would shoot for $500 over and see what happens. Dealers might not even go for that.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • rbirns1rbirns1 Posts: 211
    Interesting. I got my 2007 3.6 Premium exactly 3 years ago (lease ends in 2 weeks). Let's use this current MF and residual, along with the Edmunds TMV price, less my $1500 loyalty credit. When I plug these numbers into a lease calculator, the resulting payment is 26 cents less than my current lease. Since the '09 is identical to the '07, it would be like having a 6 year lease, with new paint and new car smell half way through.
  • Car_man kerryjth rbirns1

    I have a 2007 4.2 non premium with third row Panorama heated seats and metalic gray/black. It has 37K. I am over by 1000 miles (.25cents per) on my lease ends in three months. I am paying $699 a month with $32,000 end of lease option to purchase ( I see ebay prices are lower more like 29K) Please advise what to do? shall I go ahead and lease a new 2009 Q7? I would rather have the 4.2 because for me it is much better than the 3.6, I do not care for all the bells and whistles. Few notes: I installed four new tires ($1000) and four new rotors and brakes ($2000) last year that still can go another year, not sure if I would still have audi care for that long though. The car runs great but I have few electrical issues (lights and bulbs) that never seem to go away.

    thanks for any help
  • jayriderjayrider Posts: 3,261
    The leases on Q7's and most cars are not attractive now nor in the forseeable future. You could inquire about extending your current lease. Postponing the decision. Don't know if audi does that.
  • I am looking at the 2010 Q7 TDI Premium Plus now, but I was looking at a 3.6 before and got a lease # of $800 per month on the gas model for 36 months 10k mi per year. Then I was told by one dealer that although the TDi cost a bit more (I see 4K from the Audi site) that since the residual was better than the 3.6 I probably could get the same $800 per month lease on the TDI. Then one dealer told me it woudl be 950 for the TDI.

    How much better is the residual on the TDI? Should it not work out to the same as the 3.6? THX
  • Hi, What was the outcome?

    Thanks
  • Seems it was not apples to apples and the TDi lease is much more. They were willing to come down to 850.

    Are you a dealer?
  • Has anyone yet turned in a Q7 from lease? If so, what were your experiences? What did they try to charge you with? Did the dealer try to get you to buy it?

    Did they offer a good deal for buying or leasing a new one? I saw that Audi is offering $5000 towards the purchase of a 2009 Q7, plus $4000 manufacter to dealer cash (this is on the Edmunds site as well).
  • Did you return your Q7 yet? If so, what did they charge you for? Did you need an independent inspection?
  • vip9vip9 Posts: 30
    I returned my '07 3 months ago.
    1. Audi FS REFUSED to extend my lease on a month-to-month or for a set period - they told me they "were not in business of doing that". I checked my Lease agreement - it was marked "Close-Ended", plus my monthly payments were SUPER-LOW - don't know which one of these factors (or a combination?) affected their decision. Good luck selling it for $35K :) If I REALLY wanted it, I probably could have followed it to the auction and get it for about $20K tops.

    2. I called and scheduled EoL inspection in my office. I think they give you 30 or 60 day window. Took about 20 minutes. Car was spotless. He checked paint levels, I guess couldn't believe the condition. Tires right at the border-line - thank goodness - another $1K+ would have been thrown out the window if I had to install BRAND-NEW tires for someone else to use. :mad:

    3. Inpsector paid EXTRA attention to brakes - mine were "relatively" new

    4. Returned to the servicing dealer by my office - all done in 20 minutes as well.
    Overall - PAINLESS as it can possibly be.

    Had to pay miles overage @ .25c per :mad: + Lease-End fee - I think like $300 WTF! :mad: :mad: :mad:
  • Hi dennischris. Let's compare the lease residual values for these two trucks. Audi Financial Services' current 36 month, 10,000 mile per year residual for the 2010 Q7 3.6L Premium is 49%. This compares with 53% for the 3.0 Diesel Premium. So yes, the TDI's residual value is much better...alas, the fact that Audi is not providing any lease support on it makes its money factors much worse.

    I would be very surprised if the 3.0 wasn't cheaper to lease than the TDI.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Car_man,
    I was at multiple dealerships and their residual value for Q7 2010 premium plus /36/10k is 47% (MF 0.00108) and not 49%. If you add Audi care then your residual goes up to 48%. ( Is 49% for September?).
    Do you think you could post complete table with RVs and MFs for all Q7 models/options for this month? It would be much easier to compare and decide what to get.
    Also, are there any other credits available besides loyalty $1000 lease credit? Are there any rebates for finance?
    And last question: Do you know why salesmen are negotiating with you monthly payment and not the sales price of the car? What am I missing?
  • Car_man never mind about residual values. I found the answer.
    Can you please answer on loyalty and my last questions.

    Thanks
  • Hey audi_man. the only ccash incentive that I am aware of on leases of the 2010 Q7 right now is $1,000 loyalty cash.

    It's in salespeople's best interest to keep consumers in the dark about the actual selling price of the vehicle that they want. If they just talk payment, they can play all sorts of games with the term, mileage allowance, etc to make a deal look more attractive when it really isn't. To me, knowing the selling price of a vehicle is the clearest way to find out of good a deal one is getting. Salespeople what to keep the picture cloudy.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks Car_man

    ......
    Does anyone know if someone could out bit Q7 2010 Premium plus with 19" wheels deal $690/month incl taxes - $1500 due at signing. I'm ready to rap this up this week..

    let me know: email2vlad@hotmail.com
  • dpeck1dpeck1 Posts: 51
    That sounds virtually impossible. That is a 55,000 car. What is the sales price going into the lease, the Money factor and residual. Thanks
  • if you are saying it's virtual impossible then you must know mf and rv.
    What is possible? What numbers do you have in mind?
  • tlecotleco Posts: 34
    It is not possible
    I leased my 08 Q7 for $630 a month NO $$ down with Audi care 15K miles per year. Of course at that time the MF was 00006 and $5000 off discount
  • Can someone recommend any dealer? looking for Q7 2010
  • Hi,

    I originally leased a '07 Q7 3.6 with 12K miles/yr. A year into my lease, they swapped my car into a brand new '08 Q7 3.6 Premium with extra options that my original car did not have. The sticker was close to $8K more than the original Q7. Audi USA said that the '08 would be only a substitute of collateral and that only the VIN# changes in the lease agreement, but the lease terms remain the same. I have about 32K miles on the car and am in a dilemma because my lease is up in early next year. The dealer is offering to pay the 2 payments left on the car and offer it as Certified Pre-Owned if I agree to pay extra $2.5K and finance the car. I have $29K left in residual value. What can you Audi gurus suggest in my situation? I have brakes that are squeaking and need replacement and the outer edges of rear tires are balding. Is it a good deal to pay the CPO fee and finance the car and move on? Or is it better to just return it? Please help!
  • CARMAN

    Do you know why dealers claiming that they have only few Q7s in stock?
    Is it true that it is in high demand? is it hard to believe with this economy
  • Hi audi_man. As of mid-October Audi dealers had around 570 Q7s in stock. That represents a 24 day supply of the truck. When compared to the nearly 50 day's supply of Audi cars it certainly appears as though dealers have a limited number of Q7s to sell and that you are being told the truth. Remember a vehicle doesn't have to be selling like hotcakes to be in short supply. Audi could have slashed its production of the Q7 as a result of the sluggish economy.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Nice...at the same time their rates are crazy compare to Mercedes and BMW.
    Mercedes and BMW have better programs and incentives.

    Their rates are telling me that they are not interested to sell their cars. I drive 07 model and I like the car but not in the position to jump from $570/month to $800. What are they smoking? Are they in the survival mode? This is my 3rd leased Audi and I do not have a choice other then to switch to Mercedes or BMW.
    I do believe in what you just mentioned Q7s are NOT in high demand their production was slashed
    Simple example this Q7 forum is NOT moving as it used to.
    Can a vehicle be leased through different bank other then AFS?
  • audi_man, I'm with you on this one and I am in the same position as you in regards to having an '07 Q7 coming off lease in 3 months. I'm hoping that before mine ends Audi gets on par with the current MB and/or BMW, all of which I hope are still attractive come March. The Q7 was my first audi and I have for the most part been very satisfied with it, but there just aren't enough reasons to pay several hundred more dollars a month for a Q7 over an X5 or ML series.
  • tlecotleco Posts: 34
    Hi
    I think they gave away the cars the last 2 years to get the business.
    I've owned more than 25 Mercedes and BMW etc - never thought I would get an Audi.
    My Mercedes lease came up and I was going to get the GL series. My next door neightbor happned to have a Q7. The only Audi in our neugborhood of ancy cars.
    I went to Audi and got a great deal $630 a month - 15K a year audi care no $$$ down for a $55K car. The MF was .00006 plus heavy discount. The same deal for the Mercedes ML would be around $800 Plus. So I decided to give Audi a try.
    Guess what - When I oull up to pick up my daughter from school - there are 5 Black Q7 and 1 white 1 silver back to back. It remind me of the Audi Q5 commercail.
    Anyway - within 4 miles radius of my house - I would see at least 3-5 black Audi running around on any given time.
    The point is they gave away the lease to get the business and now they have it - they are not lowering the price.
    My lease is up within 12 months. I like the Q7 but would not pay $800 vs $630. I definitely will replace with a Mercedes again
  • As far as I see The problem is not with Audi and price. The problem is with the AUDI FINANCIAL's rates. ( where do insensitive come from? From the manufacture or the bank? )
    Question: Why Mercedes financial rates are much lower compare to Audi??
    MBW offers $4500 insensitive on their X5 model. I'm sure I'm missing something but what??

    alakrsfan,
    Also there is another option at least for me. Not sure if I should keep/finance my Q7 07. I have low millage of 14k and my lease is up in December
    Also, Hope to see better rates in this month.

    Car_man,
    any good news on 36m 10k 2010 Q7 prim plus 3.6 L ?
  • snow26snow26 Posts: 24
    Carman:

    About to lease a 2010 3.6 s-line and need the lease rates, resid and MF, for 36 and 42 month, 15k per year.

    Much thanks.

    Snow26
  • I just looked into buying our 2007 Q7 since the 2010 Q7's are leasing at ridiculous prices. The financing we are being offered is 4.48%. Is this reasonable? Can it be negotiated? Thanks for any advice!
  • Hi,

    Could you confirm whether this is correct for a 42 mth lease of a 2010 Q7, 3.6 premium plus, 47% residual, .00183 MF?

    Many thanks,

    Eric
  • mlocamloca Posts: 15
    Hi,
    It seems like there are a lot of people who are nearing the end of their original Q7 leases. I bought one in March of 2007 (36 month lease, 12K/year) and got what I thought was a solid deal (no money down, $630/month, Audi Care included, on a $57K 3.6 premium with all the gadgets). The residual value is $31K.

    Does AFS move at all on the residual? I would pay $25K for it.

    How strict are then on the returns? Tires, brakes, small nicks, etc.

    I am worried as I have 5 mm left on the brakes and don't want them to wear out as I am told they are VERY expensive to replace. I did find front brake pads online for $65 for a pair which would be a bit less than the $1200 the dealer wants for them (I won't be putting new rotors on if I were to return it.

    Any insight would be great.
This discussion has been closed.