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2015 AUDI Q5 3.0 Lease (w/ 2012 S4 trade-in)
2015audiq5
Member Posts: 1
Hoping someone can validate an offer I just received:
New 2015 Q5 3.0T Premium Plus -- MSRP $52,350
36 month lease
10k/annual miles
$3k cash at signing (all-in: 1st month, tax, title, etc).
Dealership is asking $625/month
Dealership is taking over a 2012 S4 (MSRP $54k), 21k miles, 36 month lease WITH 5 months remaining.
Dealership located in New York State.
Good deal? Bad deal?
any insight is appreciated.
New 2015 Q5 3.0T Premium Plus -- MSRP $52,350
36 month lease
10k/annual miles
$3k cash at signing (all-in: 1st month, tax, title, etc).
Dealership is asking $625/month
Dealership is taking over a 2012 S4 (MSRP $54k), 21k miles, 36 month lease WITH 5 months remaining.
Dealership located in New York State.
Good deal? Bad deal?
any insight is appreciated.
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Comments
With the trade, and without knowing how much the dealership has to eat on it, it's impossible to know.. Also, would need to know the selling price of the vehicle and the money factor they are using.
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Also, it's possible that you have some equity in your S4 lease. Try appraising it here and then comparing that value to the buy out price for your lease (all remaining payments + the original residual value from your lease contract). Here's an article that explains this in more detail: http://www.edmunds.com/car-leasing/3-ways-to-turn-your-lease-into-cash.html