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2015 Audi Q5 lease question

neuro33neuro33 Member Posts: 2
edited November 2014 in Audi
I am being offered a 2015 q5 premium plus in Virginia with technology package. Here is the breakdown

36 m/12k
msrp 47320 and negotiated 44320
mf .00134 and residual is 56.6%
i will pay taxes up front and no down payment

when I calculate payments it comes up to $582.  They keep telling me $634

i ask for any other fees that are not transparent and they told me that they are adding taxes in the depreciation calculation.  Why would they do that if I am already paying taxes.  

Am I missing something or are they?

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    kyfdxkyfdx Moderator Posts: 237,185
    neuro33 said:

    I am being offered a 2015 q5 premium plus in Virginia with technology package. Here is the breakdown

    36 m/12k
    msrp 47320 and negotiated 44320
    mf .00134 and residual is 56.6%
    i will pay taxes up front and no down payment

    when I calculate payments it comes up to $582.  They keep telling me $634

    i ask for any other fees that are not transparent and they told me that they are adding taxes in the depreciation calculation.  Why would they do that if I am already paying taxes.  

    Am I missing something or are they?


    .00134 MF and 56% residual are correct. (not sure where your 56.6% comes from)

    With that, payment is $590/mo. I'm not sure how Virginia tax works on leases..

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    MichaellMichaell Moderator Posts: 241,316
    kyfdx said:

    neuro33 said:

    I am being offered a 2015 q5 premium plus in Virginia with technology package. Here is the breakdown

    36 m/12k
    msrp 47320 and negotiated 44320
    mf .00134 and residual is 56.6%
    i will pay taxes up front and no down payment

    when I calculate payments it comes up to $582.  They keep telling me $634

    i ask for any other fees that are not transparent and they told me that they are adding taxes in the depreciation calculation.  Why would they do that if I am already paying taxes.  

    Am I missing something or are they?


    .00134 MF and 56% residual are correct. (not sure where your 56.6% comes from)

    With that, payment is $590/mo. I'm not sure how Virginia tax works on leases..

    I think VA calculates sales tax up front (similar to NY and NJ) - can be paid at lease inception or rolled into the cap cost.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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