Audi Q5 Lease Questions

roadragee

one more...

Please also post same thing for 2014 Q5 TDI

Thanks!

iamgort

I'd like to know this month's residual/MF on 2013 3.0T premium plus please. (36mo/10K and 24mo/10K).

hoops25

Hello. What would be a reasonable lease payment per month for the following car in California?

SQ5
Monsoon Grey
Prestige
Comfort
$2,500 down
15,000 mi per year
36 months

Any advice or thoughts would be appreciated as I am in the process of negotiating the sales price and lease rate with a dealership.

Thanks.

dfd3

Hi CarMan:

I have ordered a 2014 SQ5 and am hoping for an August delivery. Can you provide the July 2014 residuals and money factors? I ordered a Premium + and am looking for 36 month 15K factors. Thanks!

lilaloca

Hi. Its my first time leasing a car. When i'm at the desk negotiating, should I negotiate the final price of the car first or the monthly payments. And what else should I look for.

roadragee

I am no Car_Man.. but in his absence, I have some official info.

AFS July MF & RV for Top tier customers

2014 Q5 2.0T Prem/Prem+ 36month, 12k/yr ==> 0.00162 & 57%

2014 Q5 TDI Prem+ 36 month, 12k/yr ==> 0.00160 & 59%

for 15k/yr, subtract 2% RV.

dfd3

Hi roadragee:

Anything on the 2014 SQ5 Premium +? 36 month, 15K miles/year.

Thanks!

roadragee

Hi dfd3

AFS MF & RV for 2014 SQ5 P+ 36 month, 15k/yr for Top Tier customers are (July)

0.00161 & 57%

iamgort

could you post the 2014 RV/MF for 3.0 (gas )10K/year? premium plus and prestige please

dfd3

Wow - 57% residual on a 15K/year lease? That seems high, but if so, that's good news. Are you sure that's not for a 10K or 12K lease?

roadragee

Yeah, pretty good isn't it? With TDI, the residual value is now comparable with what BMW/M-Benz offer for gasoline X3/GLK. Still, the not as favorable rent charge rate (MF) makes the Q5 a bit more expensive with higher payment than those.

2014 Q5 3.0T P+, 36month, 15k/yr ==> 0.00163, 56%
2014 Q5 3.0T Prestige, 36month, 15k/yr ==> 0.00163, 52%

2% higher for 12k/yr

dfd3

So, just to clarify, the 57% and .00161 are for the SQ5, not the Q5, correct? Is the residual and/or MF any different on the SQ5 Prestige? And, I'm assuming that AFS still adds 1% to the residual for purchasing Audicare, right?

Many thanks for your assistance!!!!!!

roadragee

Correct - from the information I have. MF & RV are basically same for Q5 TDI & SQ5. Prestige models have lower RV. Glad I could help.

CarMan@Edmunds

Hi roadragee. Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2013 Q5 2.0T Premium Plus with 12,000 miles per year are .00120 and 53% for consumers who qualify for its top credit tier.

The numbers for an otherwise identical lease of a 2014 model are .00162 and 57%.

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CarMan@Edmunds

Ah ha. The TDI as well. OK, AFS' July buy rate lease money factor and residual value for a 36-month lease of a 2014 Q5 TDI Premium Plus with 12,000 miles per year are .00160 and 59%.

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CarMan@Edmunds

Certainly iamgort. Audi Financial Services' July buy rate lease money factor and residual value for a 24-month lease of a 2013 Q5 3.0T Premium Plus with 10,000 miles per year are .00121 and 61% for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 36-month lease are .00121 and 54%.

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CarMan@Edmunds

I'd be happy to help you out, dfd3. Through August 5th, Audi Financial Services' buy rate lease money factor and residual value for a 36-month lease of a 2014 SQ5 Premium Plus with 15,000 miles per year are .00160 and 57% for consumers who qualify for its top credit tier.

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CarMan@Edmunds

Welcome lilaloca. Since you are new to leasing, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

In short, to me 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.

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CarMan@Edmunds

Hi gort. Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2014 Q5 3.0 Premium Plus with 10,000 miles per year are .00163 and 59% for consumers who qualify for its top credit tier.

The money factor for the Prestige model is the same, but the residual value is much less attractive...4% lower.

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hoops25

Hi Car_Man,

What purchase price and/or lease payment would be reasonable for a

SQ5
Monsoon Grey
Prestige
Comfort

I am looking at the following lease in CA and have negotiated the following lease:

$2,500 down
15,000 mi per year
36 months
$1,025 Monthly payment including taxes, fees, etc.

Thanks in advance.

roadragee

Thank you Car_Man!

Much appreciated.

dfd3

Thank you, Car_Man! I appreciate the info!

And, I assume that AFS will still add 1% to the residual for purchasing AudiCare, correct?

gb47

Hi Car man!

What lease payment/terms would be reasonable for a Q5 premium plus?

Thanks!!

gb47

There would be 15k miles per year.

roadragee

From the information you provided and current Audi Financial Services's MF & RV, it looks like you are leasing the car at MSRP and more.

MSRP $62000
Downpayment $2500
Net Cap Cost $59500
Acquisition Fee $695
Registration $504
MF 0.00161
RV 53%

The lease payment based on above criteria is $1008.24 including tax, fee, registration. So your monthly payment of $1025 is certainly looking quite high.

SQ5 is a new vehicle in demand, thus dealers may not want to discount much. However, If you already own Audi, you get automatic $1000 off. and there is always a room for negotiation, especially in CA where there are many dealers (Greater LA by any chance?)

Good luck~ SQ5 is going to be awesome Q5!

CarMan@Edmunds

You're very welcome roadragee.

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CarMan@Edmunds

You're welcome dfd3. You're correct, AudiCare does provide a 1% bump.

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CarMan@Edmunds

Hi gb47. If you provide me with this vehicle's MSRP and dealer invoice price I can work up a payment for you. You can find that information in the New Vehicle Pricing section of this site.

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hoops25

I renegotiated under $1K...Thank you very much for the advice!

nupeskee1

Looking to get lease numbers for SQ5 for 36, 42, and 60 months at 12k and 15k miles. Include MF and RV. MSRP is 60,345. Purchase price $55,724. Thanks

nupeskee1

Forgot to inlcude invoice pricing. $56,214 minus the $895 for shipping

holyrolly

Im in Houston Texas,

What should I expect to Pay/Lease for a 2014 Q5 2.0 - MSRP Price 47325 - Dealer Discount - 954 = True Price $46371.

How much lower can a Dealer get to invoice Price?

Thanks

Options Below

Premium Plus Package
Audi Advanced Key
Lighting Package
Auto-Dimming & Power-Folding Outside Mirrors
Auto-Dimming Interior Mirror w/Digital Compass
3-Step Heated Front Seats
2-Position Driver Side Memory
Deep Tinted 2-Panel Panorama Sunroof
Power Opening/Closing Tailgate
Aluminum Trunk Edge Trim & Door Sills
Audi Xenon Plus Headlights

Additional Options
Audi Guard Protection Kit
Audi MMI Navigation Plus Package
8-Color Driver Information Display
Audi Parking System Plus w/Rear View Camera
Audi Connect w/Online Services
Bang & Olufsen Sound System

av8tr2

Hello CarMan,

Would appreciate your insight into the following lease options (considering both cars)

Q5 2.0 and TDI
10K Miles / Year
36 month term
Stellar credit
Audi Supplier Discount (MSRP-6%)

Would you please share with me the latest MF and Residuals?

Thanks!

darrenk4

Carman,

I am considering two cars. Both 2014 Q5. Can you tell me the MF and Residual for each @ 12k/mi at 36 and 39 months?

Config 1:
2.0T Prem Plus
Sport Package
B&O
sticker price 43745
Audi Supplier Price 41120
Audi Loyalty -1000
Selling price 40120

Config 2
3.0T Prem Plus
Sport Package
B&O
sticker price 46645
Audi Supplier Price 43846
Audi Loyalty -1000
Selling Price 42846

kyfdx

I'm sorry, but it doesn't look like we'll have Audi lease numbers for August.

regards,
kyfdx

drkimble

Hi, brand new here. Hoping someone can help.

I'm being quoted between $570 and $580 per month for a 36 month lease, 15k miles, $5,000 out of pocket for a 2014 q5 premium plus with nav, MSRP around $46,500. The payments seem high to me? What would a good price be for this lease?

Thanks very much

cb444

I have never leased a car so I appreciate your help. This is for a 36mo lease and 10k miles from Audi Springfield in Springfield, Missouri.

MSRP: $47,845
Invoice: $44,564
Tentative Negotiated price: $46,845

The dealer showed me a printout with a payment of $633/mo with $6,000 paid out of pocket (incl. 1st payment, security deposit, tax on down payment, license, title, and documentation). Is this a fair payment? If not, what should it be based on whatever latest lease numbers you have.

Thank you!
cb4

DIMNJ

You should be able to get much closer, if not below the invoice, the negotiated price seems too high.
Additionally, why would anyone want to pay $6K up front, it's way too much, especially considering the resulting monthly payment. Take a look at the earlier posts for better deal numbers. Good luck!

drryl

Yeah that sounds like a pretty bad deal...

$6000 + ($633 * 36 months) = $28,788

You're essentially agreeing the car will lose 60% of its value (not the case), and you're still only getting 10k miles per year.

You may be able to negotiate the purchase price lower, but mainly you're getting killed on a totally wack estimate of the car's residual value after 3 years.

I haven't begun my own negotiations yet – but I would not agree to those terms.

dfd3

Hi Car_man:

My 2014 SQ5 is due at the dealer later this month. You were kind enough to share AFS August 2013 lease factors several weeks back. Do you have their September 2013 SQ5 lease factors? Looking at 36 month, 15K miles, SQ5 Premium Plus.

Thank you, sir!

cb444

Still trying to understand what is possible in a lease. These 36mo/10k lease offers are from 09/03 - 10/01 at a dealer in St. Louis. Are they good deals?

1) 3.0T Premium Plus, MSRP $45295, $2000 down, $3163 due at signing, security deposit waived,
$519/month, purchase for $26724 at end of lease.

2) 3.0TDI Premium Plus, MSRP $47395, $2500 down, $4273 due at signing, security deposit $550,
$529/month, purchase for $28437 at end of lease.

The total due at signing includes an acquisition fee of about $695. Does the rest of the amount due at signing go towards the price of the car? For both options, the purchase price at the end of the lease is within $100 of the original purchase price (MSRP) plus the total monthly payments over the lease term. I don't know if that is coincidence. How is the ending purchase price actually calculated?

I used the Edmunds lease article to create a spreadsheet for estimating monthly payment for a lease. It includes an estimate for monthly interest and sales tax. For option 2, it estimates a monthly payment of $567. Does that mean the original price paid was less than MSRP?

Thanks,
cb4

cb444

It was an interesting day in the process of trying to lease a Q5. The salesman at the local Audi dealer said they require 10% down on a custom build order and that the sales price is MSRP i.e. there is no negotiation. Based on what I have read here I can get a better deal so I have expanded my search to include the nearest cities... I'll keep you posted and thanks for the feedback.

cb4

vision_tx

Car_man,

Thanks for all the assistance you give in this forum. Much appreciated.

I'm curious about the MF and residual factor for:

2014 Q5 Prestige
S-line package
Driver Assist Package
MSRP = $59,750

Hoping to negotiate down about 6-7% off MSRP. I'm also curious how much the RV and MF vary from region of the country to the other as well. Thanks in advance.

pcullen1

drryl, that information is definitely not accurate. I have an A5 and was going to order it, they said same terms as one that was on the showroom. I was going to put $1,000 down and purchase price would have been same markdown as one on the lot. If they aren't willing to budge I'd find a different dealer.

kyfdx

" Do you have their September 2013 SQ5 lease factors? Looking at 36 month, 15K miles, SQ5 Premium Plus. "

.00167 and 57% for 2014 SQ5 Premium Plus

kyfdx

"MF and residual factor for:

2014 Q5 Prestige
S-line package
Driver Assist Package "

.00170 and 52% residual... 36 mo., 15K/yr

vision_tx

Thanks kyfdx! I notice that apparently the MF and residual are better for the SQ5 than they are the Prestige. Is that typically the way it runs? That 5% difference between 52% and 57% is significant....significant enough to help me reach up for the SQ5 which is the one I actually want. I'll have to run the numbers but that's a pretty big delta...the money factor is better to apparently, though barely so.

Appreciate the assistance.

kyfdx

In general, the Prestige trim in every Audi model has a much lower residual value than the Premium Plus trim...

The spread is about 4 percentage points, with either the Q5 or the SQ5..

Q5 3.0T Premium Plus = 56%
Q5 3.0T Prestige = 52%
SQ5 Premium Plus = 57%
SQ5 Prestige = 53%

(36mo/45K)

So... skip the Prestige package and get a loaded up Premium Plus, and you'll save a lot on an Audi lease..

vision_tx

Thanks kyfdx. One more question....a dealer in my area is trying to say marking up the money factor (from .0017 let's say to well over .002) is standard practice for a dealer. I would think it's standard practice to try, but isn't reasonable to expect that I should be able to get the MF down to the numbers quoted here? My credit is outstanding. Thanks!

kyfdx

It happens more than it doesn't.... With Euro import dealers, it almost is standard practice...

But, you notice how the story has changed? First, the dealer says it's because of the higher mileage allowance.... now, it's because everybody does it..

The reality? When you were finalizing your lease, he was trying to win your business.... Once he had it, and you wanted changes, he sees you as being committed, and uses that to his advantage... Ever build a house? Upgrades are cheap when you are finalizing your contract, but change orders all come at full price...

Tell him you are disappointed that he would try to extract extra profit from you, when what you asked for doesn't cost him anything.. and, then... ask for the base rate that he agreed to, previously... even with the higher mileage allowance...

regards,
kyfdx