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Audi Q5 Lease Questions
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Comments
2010 Audi Q5
Premium plus Navigation and B&O Sound System Upgrade MSRP is $46,550
15,000 Miles/year
36 Month Lease
Blue on Black (i.e. more expensive paint)
$3000 down (nothing more, includes 1st payment)
$698 per month (Includes everything, i.e. tax)
Audi Care included
Love the car...
if you bought already, what do you think?
Check out post 206 and that is exactly what I got offered
I'm sure someone can get a deal on a car that is in front of them, but to get a dealer to seriously lift a finger, on a car they don't have, I doubt a $500 over invoice will cut it.
Dealer was JD in northern NJ.
I signed the lease through BELL Audi in Edison, NJ.
They had 15 Q5s in stock last week, but are down to 10 this week (end of month push I assume). By far they seem to have the most available in NJ.
My specs were Dark Blue on Black (by far best colors in my opinion), Premium Plus, Navigation, B&O Upgrade... MSRP $46,550
$3000 total due at signing (about $1100 went to Cap Cost reduction, the rest was 1st payment, Audi Bank Fee, Other fees).
$698 per month (includes tax)
36 months and 15,000 miles per year
I love the car so far... but I only have 100 miles on it.
MSRP: $46,875
Selling price: $45,076.25 plus tax and lic.
Res: 48%, MF: 0.00108
3K down, which some of that goes to Bank Doc fee, security deposit and first payment
Is it a good deal?
BTW today my dealer told me that for November deals:
LMF went from .00108 to .00105 and residual dropped 1%.
Audi is also waiving security deposit on a lease.
Is it true?
how many miles?
how many months?
15K mileage
with downpayment of 4K
(from down payment only ~1200 goes toward cap reduction)
around 600 bank doc fee
around 600 security deposit
and first monthly payment covers the rest
monthly: 665+tax
Total payment with tax for you in NJ comes out to ~ $711 per month, which is 13 more per month than I negotiated for a car that had an MSRP of $46,550.
Only differences between us is that I picked a more expensive color but you got the 19 inch wheels.
The money factor and residuals have slightly changed between last month and now, but they definitely have some wiggle room there.
Maybe try to get them to come down another 5-10 per month, but that is probably close to the best you will do.
good luck and let me know what you decide to do!
I am absolutely loving this car and understand why so many people rate it so high on every site.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2009 models: A8, S8 and TT models only
2010 models: All except S5, S5 Cabriolet and R8 models
Sec dep waiver ends 1/5/2010.
MSRP: $45,700
Agreed Value: $43,773
Amount due on signing: $4,647 (of which $2044 tax and $740 Audi care). $0 down
Monthly payment: $640
3 yr lease w/ 10,000 miles per year.
This is the first car I have owned (have always lived in big cities with public transport). Would be curious to know if I got a decent deal.
I don't think it's such a good deal. The "due-at-signing" and the monthly payment seems too high for this lease, based on just 10K miles/y.
You could buy it ind pay roughly the same!
You could see my deal in my earlier posts, but here it is: Premium Plus (no navi), MSRP $42650 or so, negotiated price was at ~39K.
12,000 mi/y, 42 mo. $2500 down(incl. 1st payment), $475/mo, incl. taxes
I'm just trying to feel my way around this whole leasing thing, but if I were to get the same deal, wouldn't I have had to pay an additional 2,000 or so in taxes up front since I'm an NY resident, which would mean my "drive-off" fees would have been: $2,860 (based off your earlier post) + 2000 (approx. in taxes) = $4,860 upfront payment? Also, if you did not purchase aud care up front, adding another $700 or so to that would bring your upfront payment to $5,560.
Also, not sure how significantly this reduces monthly payment, but you took a 42 month lease to my 36, on a car with an MSRP about 3 grand less than my car - (you were able to negotiated approx 3 grand off whereas, I was only able to get 42 grand off).
Let me know if I'm totally off track here, but bascally seems that you got a better deal than I did, but mine doesn't appear to be too outlandish.
A little confused about your deal - did you really come away with lease payments of $475 including taxes? What was your base lease payment before taxes and do you know what the residual was?
Again, please not that it's for 42 mo lease with 12000 miles/year.
Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2010 Q5 Premium with 15,000 miles per year are .00105 and 49%, respectively.
You never mentioned what trim level, term, or mileage allowance you're interested in so I had to make some assumptions. Let me know if you want something different.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Enjoy your new ride :shades: !
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I have a quote for a 2010 Q5 premium plus lease for $539 + taxes. The details are:
36 months & 10k miles
Security Deposit $0 (waived during the Season of Audi Event)
1st Month Payment $569
Acquisition Fee $625
Down Payment $2,499
Due at Signing $4,900 (Includes taxes, title and dealer fees)
I get 6% off the MSRP ($42,500) through the Audi Supplier Program. Do you think this is this a good deal?
http://www.ridewithg.com/index.php/2009/11/2010-audi-q5-q7-lease-rates-november-- 2009/
2010 Audi Q5 3.2L Premium
24-month | 15k miles | residual 56% | .00105 base money factor
36-month | 15k miles | residual 49% | .00105 base money factor
48-month | 15k miles | residual 42% | .00230 base money factor
2010 Audi Q5 3.2L Premium Plus
24-month | 15k miles | residual 54% | .00105 base money factor
36-month | 15k miles | residual 47% | .00105 base money factor
48-month | 15k miles | residual 40% | .00230 base money factor
2010 Audi Q5 3.2L Prestige
24-month | 15k miles | residual 51% | .00105 base money factor
36-month | 15k miles | residual 44% | .00105 base money factor
48-month | 15k miles | residual 37% | .00230 base money factor
Good luck!
When I picked up the car, there were no surprises and it was out of there in an hour. They even picked me up at the Amtrak station.
I put $1500 down. My payment is $723/mo. 42mos @ 12k / yr. I might have been able to squeeze them down to $713 but relative to the other posts, $723 seemed reasonable.
The down payment didn't even cover VA taxes.
I got a White/Cinnamon 2010 Prem Plus / Nav / 19's / B&O sound / Audi Care / VA Taxes & Fees
Had to special order to get the color combination.
This car replaces a much loved '04 Cayenne S. The Q5 is a pretty comparable car before you consider the $20k price difference.
I read this forum for months before I pulled the trigger. Thank you all for your responses and insight.
I live in California and the rates they are quoting seem way off - to get to their lease rate the money factor would need to be close to .00370 with a residual of 38% (they said it was 41% but the math didn't work out). I can't see any lmf anywhere published above .00105.
Thanks for the help.
36months
- 12k
- 15k
42months
- 12k
- 15k
I am wondering if anyone has an idea about the fairness of this leasing deal.
Premium Q5 white
36 mos
12K miles
$1811 down (bank fee, TTL, first month and a tire tax)
AudiCare Maintenance
$574 a month
I need to make a decision ASAP as my current lease expires 12/31
You get that enormous panoramic roof that you'll enjoy in the spring and summer, Not so much now in the dead of winter. The power liftgate and the awesome LED daytime running lights. They give the Audi that nice look with the huge grill. But I've come to enjoy the heated and memory seats, Homelink to open my garage, bluetooth to hands free use my cell, the SD card slot can play hundreds of songs and the folding mirrors are great.
My only regret is not getting the B&O system as people rave about its surround sound quality.
Having said all this, I realize that the Audi can get expensive, especially if you go to the Prestige edition which includes NAV and B&O. But do try to get the Premium Plus as it is worth the extra $$$$.
She and I both agree that the Bose blows away her B&O.
I do miss the steerable headlights, the convenience key, and the blind spot sensor when changing lanes would be nice. I would have taken a prestige to get those, but I could care less about the adaptive cruise control or Audi drive-select. The problem is that I pretty much had to take the first PP with Nav and 19" wheels that was allocated to my dealer because nobody would do a trade and there are very few Q5's on the ground in the Northeast that aren't already sold.
And yes, the panoramic roof makes the car. Everyone who sees that roof is blown away and it's my wife's favorite feature.
My best friend (living in California) already went to drive the Q5 for his wife based on my review to him.
Happy Holidays!