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Audi Q5 Lease Questions

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Comments

  • pootie563pootie563 Posts: 1
    So my lease on my 5 series is coming up and I have been receiving horrific numbers from them that I am thinking about purchasing/leasing a q5. I am negative about 4000 dollars and was looking to lease a q5, 15k, 36 months and it would be priced around 42k. What kind of numbers would I be looking at.....with money and no money down. I was also considering just paying off the car at carmax and starting fresh with audi. We do have loyalty with audi since we just bought a car from them last december.......any suggestions?
  • palleg33palleg33 Posts: 12
    edited January 2011
    Have been shopping around the past couple weeks for a Q5 and this is the best price I could get.
    2.0 Premium Plus without navigation and upgraded wheels -39900 selling price, 1650 out of pocket and 42mos for 667 month and 15k miles per year
    With Navigation the payment goes to 708 a month

    Best price but still seems high for this class of car. My Infiniti EX35 is coming off lease and was 150.00 cheaper per month!!
    Do you feel this is the best I can do. I do realize this car is in demand. So much so, that those prices are with me ordering the car for delivery in late March. There aren't 2.0's anywhere to buy by january 4th to take advantage of Audi making the first payment too.

    Thanks
  • milenpmilenp Posts: 8
    Thanks Carman,

    Though, the one I was asking was Q5 wit Premium Plus package, which according to previous posts had a money factor 0.00149 and residual value of 49% if purchased with Audi Care Program. Anyway, I ended up getting one for selling price of 39815 with 19 inches wheels, cargo mat and all season floor mats in addition to the premium plus. Unfortunately in Illinois, one has to pay sales taxes on the whole price upfront and at the end of the lease, if desired to purchase the car - pay tax one more time on the purchase price at that time :(. I am posting this here for future buyers information. Thanks! Great site!
    Millen
  • milenpmilenp Posts: 8
    Where are you located. It took me a hack of time to find one in Chicago.
    About the lease - look at you numbers again. My lease for 36 months with 2500 down is 680/month, so you probably could work out your 42 months lease a bit. Good luck!
  • palleg33palleg33 Posts: 12
    This would be on an order, not one on the lot
  • milenpmilenp Posts: 8
    Again it depends where you are and how many of these vehicles are around. One of my local dealers is chasing me to reserve one, coming in........... about 3 weeks for MSRP :), almost like I have to put even more to make sure I get it ;). Of course, there are plenty others who can get you the car right away. Keep in mind hidden charges, such as aquisition fee ~$600-700. Good luck!
  • CarMan@Edmunds[email protected] Posts: 38,515
    No problem wtw2.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@Edmunds[email protected] Posts: 38,515
    You're welcome, Millen. Thanks for taking the time to give back and share the details of your lease with everyone.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • valenkavvalenkav Posts: 18
    Looking for 42/48 w/10K lse of Q5 Premium Plus. Any information regarding RV & MF appreciated in advance.
  • njaudinewnjaudinew Posts: 1
    edited January 2011
    What is the money factor and residual value with a 36 months lease and 15000 mileage allowance in nj. Also is this public information and if so where do I find it or is it specific to dealerships
  • kjg124kjg124 Posts: 3
    edited January 2011
    posted a few weeks ago inquiring about some leasing options. signed the deal 2 days before christmas, and i'll share my numbers with everyone. I qualified tier b status. income is just over 100k/yr credit score avg. is 665. Car was purchased in New Jersey

    2011 Audi Q5 2.0T, premium plus w/ nav B&O sound system, and all weather mats,
    and Audi Care

    42 Months at 10k miles per year

    MSRP $44365, Invoice $41320, my price $42250

    Lease Down Payment $5000 monthly payment w/ tax $629.70

    I'm sure people will see its a bit high but my Money Factor was a bit higher b/c of Tier B credit, and the 5k was the total amount I put out of pocket
  • mumuxumumuxu Posts: 30
    My A4's lease is about to mature. Have been looking around to see what Q5 is being leased at in tri state area. Came across this site.

    http://www.rluxurycars.com/2011-Audi-Q5-577

    Have seen quite a few vehicles in Manhattan with their number plates. Does anyone have any experience of dealing with this kinda co.?Wonder how they offer such low rates...Any feedback would be appreciated. Thanks
  • ac3ac3 Posts: 12
    Car Man

    Can you post the January Audi Finance lease buy rates and residuals for Q5 2.0T Premium
    36 and 42 month lease with 12,000 miles per year.
  • boltsdynastyboltsdynasty Posts: 8
    First off, thanks to everyone for the useful information in the prior posts. Great resource prior to heading into the dealership for the first time.

    I'm looking at 2011 2.0T Q5 Premium Plus w/nav in the Chicago area. MSRP is 43,990. Truecar shows factory invoice of $41,384 and dealer cost of $41,053.

    Anyone have thoughts on a good target price? I'm thinking $41,500 as a reasonable goal.

    For lease, what is money factor and residual for 36 and 48 months at 10,000 and 12,000 per year?
  • leasechickleasechick Posts: 1
    Car_man,
    been reading your posts for several years, and they've been a tremendous help with our last two leases. Acura lease is expiring soon, and we are looking at the '11 Audi q5, 2.0T, premium plus + nav.
    These 2.0Ts are in high demand here in Maryland, have to order them. The MSRP is $43275; is it reasonable to try for $41,000 on this vehicle? That's about $700 over invoice.

    And, What should my goal be for MF for 36 mos. @ 16K miles / year? We qualify for top tier credit.

    Last thing, what are your thoughts on Audi Care to get the 1% bump in residual. Running the numbers shows a slight decrease in the monthly, not much. is there a big savings for regular maintenance?

    Would love to know what the best deal is that i can expect to get. Otherwise i'll be looking at another RDX or maybe the MB GLK.

    thanks for all your help car_man!
  • CarMan@Edmunds[email protected] Posts: 38,515
    Hi valenkav. Audi Financial Services' January buy rate lease money factor and residual value for a 42 month lease of a 2011 Q5 Premium Plus with 10,000 miles per year are .00187 and 47%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@Edmunds[email protected] Posts: 38,515
    Greetings njaudinew. Here's the information that you're looking for.

    Audi Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 Q5 2.0T Premium Plus with 15,000 miles per year are .00167 and 48%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@Edmunds[email protected] Posts: 38,515
    Hi ac3. Please see my previous two posts for the information that you're looking for.

    AFS' 12,000 mile per year residual values are 2% higher than its 15,000 mile per year residuals and 1% lower than its 10k residuals.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@Edmunds[email protected] Posts: 38,515
    Hey boltsdynasty. A couple hundred dollars over dealer invoice, like you mentioned being interested in, would be an excellent selling price.

    I mentioned this vehicle's money factors in my previous several posts. Please check there. Thanks.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@Edmunds[email protected] Posts: 38,515
    Thanks for being such a loyal community member, leasechick. $700 over dealer invoice is a pretty good target selling price to shoot for.

    If I was going to get an Audi, I'd probably go with Audi Care for only a few extra dollars per month. The residual value bump that AFS provides on vehicles with it is a nice added bonus.

    Please look a couple of posts back for the lease program information that you're looking for.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • boltsdynastyboltsdynasty Posts: 8
    Car Man,

    Is the money factor and residual you list the best I should expect (42 month, 10k, .00187 and 47%)? Are those official numbers from Audi?

    I've come to an agreement on the price of the vehicle, and am leaning towards leasing. I will be negotiating lease in the next day or two. Just curious if .00187 and 47% should be my target for 2011 2.0T premium plus.

    Thanks again!
  • valenkavvalenkav Posts: 18
    Hi boltsdynasty,
    I got just couple days ago same numbers from Audi dealer.
    MF=.00187 and 48% (47%+1% for Audi Care rolled into my monthly lse).
    Audi Care cost is $800. Good luck!
  • boltsdynastyboltsdynasty Posts: 8
    Thanks Valenkav.

    In discussing potential financing options, I've been offered the Audi Premier Purchase option as a a way to circumvent a second "use tax" imposed by the city of Chicago on leased vehicles.

    Does anyone have experience with the Audi Premier Purchase? Thoughts? Seems suspect, but I don't have much to work off. Thanks.
  • CarMan@Edmunds[email protected] Posts: 38,515
    Yes, boltsdynasty, those numbers look correct.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • palleg33palleg33 Posts: 12
    Hi there,

    Many of the posts on this board have been very helpful. I finally have gotten around to pricing on a 2011 Q5 2.0 Premium Plus with upgraded wheels. These cars are super hot right now and it is hard to get a dealer to lower their price. Anyway, here is my latest deal

    MSRP-41,550
    Sales price-39,600
    2390 down at time of sale
    15k miles/yr
    42mos- 663 36mos-695

    I still don't think the car is worth that high of a lease payment but it seems to be the best I can do. My calculations show slightly lower payments but the dealer said I am not factoring in "their fees". What does everyone think of this deal?
  • drorttydrortty Posts: 1
    Looking at a Lease for 2011 Q5 premium plus Quartz gray with Nav, 15k a year for 42 months...

    was quoted at 733/month

    0 down

    tax/fees quoted at $4087.... rolling 2000 of that into lease (part of the 733), so $2087 out of pocket....

    is this too much?
  • mumuxumumuxu Posts: 30
    Car Man,

    Can U pls post February MF & Residual numbers for 15,000 miles p.a.? Thanks
  • admancoadmanco Posts: 2
    edited February 2011
    trying to lease a 2011 Q5 in los angeles. i'm calling dealers asking for premium package (no nav). i think msrp around 38K. i wanna put down 3500 (all toll out the door) and pay 550/month with tax for 12k a year. will i get that?
  • thejeanladythejeanlady Posts: 5
    I was quoted on the exact same detail for that car $660/mo in LA, so I think you did better than I would have.

    In Nor Cal
    add Navigation...they are asking 4k up front $730/mo +tax! Which is really like $800 month with that 4k up front.

    Surely there is a location to Get my dream Audi for $600's??
    Q5 2.0 Prem Plus + Navigation...I keep getting told it doesn't exist... At this point I don't care any more about the color.
    I know there are many shipments coming in on the 15th.

    I am willing to buy in So Cal or Nor Cal...any tips on the best least for this car?
  • CarMan@Edmunds[email protected] Posts: 38,515
    I'd be happy to help you out, mumuxu.

    Audi Financial Services' February buy rate lease money factor and residual value for a 36 month lease of a 2011 Q5 2.0T Premium with 15,000 miles per year are .00167 and 51%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.