Lease on 2015 Audi Q5

rmbQ5rmbQ5 Member 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 Moderator Posts: 207,889
    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..

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  • rmbQ5rmbQ5 Member Posts: 7
    Sorry - 2.0 Premium
  • kyfdxkyfdx Moderator Posts: 207,889
    .00154 MF and 57% residual with AudiCare

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

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  • rmbQ5rmbQ5 Member 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 Member 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 Moderator Posts: 207,889
    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.

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