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Audi Q5 Lease Questions

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Comments

  • yuliyuli Posts: 1
    How much is Audi Care on the Q5 and how much does it add to the residual? I thought it was 1% but the previous post notes 2%.

    Also, I believe the Premium Plus residual is currently 45% for 15,000 miles/yr. Am I correct that the 10,000 mile/yr. residual is 48%.

    Thanks in advance.
  • Now that the Summer of Audi offers have expired, any suggestion on the best time to lease? Should I wait for a 2010 or go in at the end of the month to try for a deal on a 2009 sitting on the lot?
  • So glad that I found this forum, learn a lot :)

    Could any one tell me is there any promotion for the Q5 in New York, Queens?
  • I really like reading this forum, the quality of the responses from members and moderators alike always seems high. Thanks in advance!

    This sound good from a DC area dealer?

    Premium Plus w/ Nav $43,725 (includes $500 disc.)
    Tax, Doc Fees & DMV ~$1500
    Total Price: $45,206
    36 month / 12k year
    $2500 Cap Cost Reduction

    $681.39 / Month

    I got numbers for 30 & 42 month 12k leases if anyone is interested..
  • I just got the meteor gray premium plus with Nav. and 19 inch wheels:

    MSRP est $46500.00
    Invoice est $44075.73 (I paid invoice)
    42 Month lease rate .00143
    Residual 47% with Audi Care and 12k miles per year
    $2189.46 to start $700.00 including taxes in California

    I was able to negotiate at invoice. How does this look? Thanks.
  • Got a lease quote on a 2010 Q5 this weekend, and the dealer is trying to charge me a tax rate that is 3% higher than my local sales tax. When questioned, he said it was a "use tax" that gets paid to Audi USA, and that such a use tax is standard on all leases, Audi or otherwise. And, no, this isn't just the interest rate/money factor, but is an add-on to the base lease price. Anyone ever hear of this.

    Thanks
  • Have tried three dealerships in the Chicago area. I visited two dealerships in person and contacted a third by email to get a quote on a 2010 Premium Plus. All they will provide is the amount of the total monthly payment. I pin one down on sales price, residual and money factor, but he will not provide additional fees that drive the cost up $50 per month over my calculations. I explain he is too high based on the numbers provided and to clarify license, doc, registration...any other fees to explain the discrepancy. No response.

    Schaumburg Audi flat out refuses to provide me a quote. I met with the sales guy (Al) who took my info and promised to email me a quote on a 2010 Premium Plus in a specific color combo they did not have on the lot. He never got back to me. I sent an email and he called to say he got the email. Still no quote. I like to Q5 but it's certainly not the only vehicle out there. Thinking I'm better off sticking with BMWs like I've had for the last 8 years. The Infiniti EX is supposed to come out with a new design in 2010. May just wait based on this first attempt with Audi.
  • Q5s are rated #1 in category and are in high demand but it is still shocking they wouldnt give you all of the numbers. I would speak to the manager.
  • kyfdxkyfdx Posts: 128,188
    Sounds like Pennsylvania?

    Tax on leases is an extra 3% in PA.. it's got nothing to do with Audi..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks. Yes, I'm in PA.

    (This was from the same salesperson who told me that it would violate state law for him to give me a copy of their lease quote!)
  • kyfdxkyfdx Posts: 128,188
    LOL...

    Well... at least he got the tax thing mostly right... Extra 3% on leases in PA>

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Any reason I shouldn't go with a 2009 over a 2010 at this time? The dealer has a few 09's left and the lease is about $40 less a month?
  • Forgot to mention, here is what I received on '10 Premium Plus lease @ 12k/36mo

    MSRP 42,465
    Cap Cost 40,353
    Cap Reduction $0
    Residual 50%
    Money Factor .00108

    $1,253 due at signing and 657.15

    Financing deals will change the end of this month.
  • That sounds pretty much like what I am getting quoted though in Illinois I have to pay 8% tax on the entire value of the car which brings my monthly payment up. How does the $1,253 at signing break down and what do you know about the changing finance terms next month? Thanks.
  • Sorry that $1253 number was a little off since it included some cap reduction to lower the monthly fee which I have since decided against. Anyway what is due at signing is:
    1st Payment
    Acquisition Fee of $625
    Tag Fee of $150

    Not sure about changes in financing next month. I put down $500 to secure a vehicle for delivery in early September. The sales rep said I could finance with what is available now or at September's rates if they are better.
  • d4mod4mo Posts: 3
    hi what should I expect to pay for the following Q5

    Premium plus
    Sat Nav

    $2,000 down 36 Months /12,000 miles ??
  • I am a friend of someone who works for Penske. They get a friends and family discount on the Audi Q5. The discount is 300 over invoice.

    They got me in touch with a dealer in CT (I am in NJ) and these are the numbers he is quoting me.
    Everything is over the phone - I think I got all of the numbers correct:

    2010 Q5 Premium Plus with Nav,
    Meteor Gray, Light Grey Interior

    Purchase
    MSRP: $45,700
    Invoice: $43,260
    0 Down
    Out the door: $47,169 - Includes all NJ taxes, fees

    Finance Purchase
    3.9% @ 36 months - $1,392

    Lease
    36 @ 10,000
    $2,180 down
    Residual 51%
    $673.95 month

    36 @ 12,000
    $2,193 down
    Residual not sure
    $687.03 month

    How do they sound? Any feedback would be greatly appreciated.

    Mark
  • dssxxxxdssxxxx Posts: 69
    I got a friends & family discount on our Meteor Gray w/black interior - Prestige Pkg for $47,140.00 (6% off list $50,150.00 - which is lower than invoice), less trade in (beat all others).

    Being delivered around the 18th. Check your various dealers. Not many customers out spending $50K on cars at the moment.
  • grkmecgrkmec Posts: 12
    Flyersrule,

    Sounds like good deal on the price. I am also in the market for a Q5 and in Fairfield county, so I was hoping you were willing to share with me your dealer info and who your sales associate is. Can you please e-mail me this info. My e-mail is grkmec "AT" yahoo "DOT" com

    Thanks!
  • DIMNJDIMNJ NJPosts: 71
    Hi,
    I was offered this "only today"- like lease deal on the leftover '09 from showroom, in NJ:
    Silver w/Premium Plus, MSRP ~$42K:
    3K down, $569/mo
    What do you think? I called one other dealer who told me that "it's a great price, I cannot beat it".
    Thanks,
    D
  • DIMNJDIMNJ NJPosts: 71
    Wel, it's too bad no one wanted to respond to my message. Anyway, I just took a delivery of a beautiful 2010 Premium Plus, in quartz gray.
    $2860 due at signing @ 575/mo for 42 mo lease w/12K miles.
    They also covered a remaining month on my Murano Lease ($388)
    Bell Audi in Edison, NJ, ask for Marc Levine, if anyone is interested.
  • tsoltsol Posts: 40
    Hi, Disla, sorry no-one answered your question. I just joined this particular forum myself. What was your discount in $ off of MSRP? Enjoy your new Q5!
  • DIMNJDIMNJ NJPosts: 71
    about $3K
  • tsoltsol Posts: 40
  • tsoltsol Posts: 40
    Can you quote current AFS lease rates ... MFs and residuals for 10k and 12k per year, 2010 Q5 premium-plus with Navi?

    Thanks!
  • tsoltsol Posts: 40
    Shame not much activity here ...
    Just leased 2010 Q5, prem plus, navi, mmi, B&O, 19" ... $46976 sticker, paid $800 over invoice.

    Lease details at the time:

    36 mo. 12k
    MF=0.00168
    Residual = 50%
    $2,249 plus 1st month of $750 to get out the door

    In my opinion, an average deal ... not a steal, but didn't get ripped off either.
  • Anyone have the new finance details from AFS?
  • tsoltsol Posts: 40
    The sheet they were showing me had the rates through today, 09/01, so I would expect new details (changed or unchanged?) to be at the dealers tomorrow.
  • Sorry - some newbie questions here on leasing. I've got a 2010 Q5 on order with my dealer with delivery expected in a few weeks. I've always been a buy and hold kind of car buyer, but am now more inclined to keep a car a few years and then trade in to get the newer, better technology that will inevitably come with time. I've never leased a car before but am thinking that may be a better option for me now. My questions are:

    1. Does the dealer care if I am leasing or buying? In other words I was planning on buying but if I move to lease will they care?

    2. I have a trade in with blue book of about 8K. How are trade-ins factored in, or do you not do a trade in with a new lease?

    3. What is "residual" and "MF"?

    Thanks for all the info.
  • Hi Car Man, yes, can we please have the money factor and residuals for the Q5, premium plus with nav. 36 months, 12,000. Thank you!
This discussion has been closed.