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Lease on 2015 Audi Q5

rmbQ5rmbQ5 Posts: 7
edited October 2014 in Audi
Wanted to find out if this was a good deal or if I'm missing something:
New Q5 2015 msrp 42K
10,000 miles
42 months
$0 down(in reality 400+ because of tax, license, etc)
Trading in my current Q5(has 1 yr left on the lease)
$529 a month plus tax

Let me know - thanks!

rmb

Answers

  • kyfdxkyfdx Posts: 130,713
    rmbQ5 said:

    Wanted to find out if this was a good deal or if I'm missing something:
    New Q5 2015 msrp 42K
    10,000 miles
    42 months
    $0 down(in reality 400+ because of tax, license, etc)
    Trading in my current Q5(has 1 yr left on the lease)
    $529 a month plus tax

    Let me know - thanks!

    rmb


    Numbers vary according to engine and trim..

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

    Edmunds Moderator

  • rmbQ5rmbQ5 Posts: 7
    Sorry - 2.0 Premium
  • kyfdxkyfdx Posts: 130,713
    .00154 MF and 57% residual with AudiCare

    Need a selling price or CAP cost to calculate a payment.

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

    Edmunds Moderator

  • rmbQ5rmbQ5 Posts: 7
    Understood - dealership trying to insist i physically go in - I am trying to nail them down over email - they are reluctant to commit to a price over email...a bit frustrating.
  • rmbQ5rmbQ5 Posts: 7
    Ok - this is what i got:
    msrp of Q5 2.0 Premium $42,855
    adjusted selling price $39,961
    10k miles a year
    42 months
    Audi care included
    Trading in your Q5
    Inception fees $1,768 (minimum drive off)
    Total cash out of pocket $450
    Money factor 0.001540
    Residual 53%
    Financed thru Audi financial Services.

    535.00/month(includes tax) - this seem like a good deal? Also, why would the residual and MF be different than 57% and .00156?

    Thanks!
  • kyfdxkyfdx Posts: 130,713
    rmbQ5 said:

    Ok - this is what i got:
    msrp of Q5 2.0 Premium $42,855
    adjusted selling price $39,961
    10k miles a year
    42 months
    Audi care included
    Trading in your Q5
    Inception fees $1,768 (minimum drive off)
    Total cash out of pocket $450
    Money factor 0.001540
    Residual 53%
    Financed thru Audi financial Services.

    535.00/month(includes tax) - this seem like a good deal? Also, why would the residual and MF be different than 57% and .00156?

    Thanks!


    .00154 is the correct MF.. But, that residual is not correct.. It's either a different year, different model (premium plus?) or they are quoting the wrong mileage allowance..

    No point in doing any other calculations, if you can't agree on the correct residual.

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

    Edmunds Moderator

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