2015 Audi Q7 Lease Questions

dkalbs

Hi Michaell,

That's correct, its $618/month with out tax and The Is the $618 you mentioned didnt include the Audiocare and the Excess/wear and tear fees.

The audiocare was $24/month but they're giving it for $12 as I cant see the actual price online.

Yes I live in NJ so I rolled the tax into my monthly payment which is the $667 with audicare n excess/wear warranty.  Is this still good or do you think I should still negotiate?
 I'm coming back this Monday to finalize

thanks again

Audiq7buyer

What are the MF and residuals for a 2015 Q7 TFSI (gasoline engine), Prestige trim, 48 month lease, 12,000 miles per year?

Dealer is offering, on a MSRP of $69,360, to discount by $8,138 and then apply $2,000 in factory rebates for a net capitalized cost of $59,222. I would have to pay $2,500 in drive off payments (did not detail breakdown of the drive off payments, but would include lease fee, paperwork fee, title, etc and presumably some profit for them or a cap cost reduction for the leftover) with a MF of 0.00174 and a residual of 43% for a 48 month lease with 12000 miles per year. 8.00% tax rate in California. Monthly payment (inclusive of taxes) of $840.21.

Based on my calcs, assuming the $2,500 does not go toward cap cost reduction, those inputs should arrive at a monthly payment of $828.77. Not sure why his numbers are higher than mine, unless he is using a different MF.

Any sense of whether this is a good deal? Thank you for any feedback!

kyfdx

Audiq7buyer said:

What are the MF and residuals for a 2015 Q7 TFSI (gasoline engine), Prestige trim, 48 month lease, 12,000 miles per year?

Dealer is offering, on a MSRP of $69,360, to discount by $8,138 and then apply $2,000 in factory rebates for a net capitalized cost of $59,222. I would have to pay $2,500 in drive off payments (did not detail breakdown of the drive off payments, but would include lease fee, paperwork fee, title, etc and presumably some profit for them or a cap cost reduction for the leftover) with a MF of 0.00174 and a residual of 43% for a 48 month lease with 12000 miles per year. 8.00% tax rate in California. Monthly payment (inclusive of taxes) of $840.21.

Based on my calcs, assuming the $2,500 does not go toward cap cost reduction, those inputs should arrive at a monthly payment of $828.77. Not sure why his numbers are higher than mine, unless he is using a different MF.

Any sense of whether this is a good deal? Thank you for any feedback!

Your calculations are correct, but that's only off by $12/mo. We are just guessing on whether the $2500 covers everything, or if there is CAP reduction left over. Unless they break it down, you really won't know for sure. But, that's only $550 total. Get an exact breakdown of the numbers and the answer will probably be apparent.

I'll note that the 42 month MF is .00131 and 46% residual. If you want the shorter term, it only adds about $2/mo. to the payment.

Audiq7buyer

I figured out the difference. The dealer was adding $595 to the capitalized cost for a LoJack add on. I found out that this is an add on that you can opt out of by just checking a box in the finance office. The sales guys will tell you that you can't take the LoJack out which is true but you can opt out of activating it.

kyfdx

Audiq7buyer said:

I figured out the difference. The dealer was adding $595 to the capitalized cost for a LoJack add on. I found out that this is an add on that you can opt out of by just checking a box in the finance office. The sales guys will tell you that you can't take the LoJack out which is true but you can opt out of activating it.

It pays to be vigilant.

Michaell

dkalbs said:

Hi Michaell,

That's correct, its $618/month with out tax and The Is the $618 you mentioned didnt include the Audiocare and the Excess/wear and tear fees.

The audiocare was $24/month but they're giving it for $12 as I cant see the actual price online.

Yes I live in NJ so I rolled the tax into my monthly payment which is the $667 with audicare n excess/wear warranty.  Is this still good or do you think I should still negotiate?
 I'm coming back this Monday to finalize

thanks again

My response may be too late, but the deal seems pretty solid now that I know you are adding tax to the cap cost.

radicalforce1

Hi,

Received this quote. Please share your thoughts. Dealer in NJ

2015 Q7 Premium plus - MSRP -$58775
Selling Price - $52000
12K/36 months

Down Payment - $0
Title & Registration - $391
Doc Fee - $399
MF - 0.00131
Residual - 54%
Tax Rate - 7%

Monthly payment initially quoted - $760

I asked for a one time lease payment quote. Was initially offered $25832 but then negotiated that to $24700 (including tax, doc fee, title and registration and all payments)

Please advise.

kyfdx

radicalforce1 said:

Hi,

Received this quote. Please share your thoughts. Dealer in NJ

2015 Q7 Premium plus - MSRP -$58775
Selling Price - $52000
12K/36 months

Down Payment - $0
Title & Registration - $391
Doc Fee - $399
MF - 0.00131
Residual - 54%
Tax Rate - 7%

Monthly payment initially quoted - $760

I asked for a one time lease payment quote. Was initially offered $25832 but then negotiated that to $24700 (including tax, doc fee, title and registration and all payments)

Please advise.

Gas? .00079 MF and 54% residual.

Pretty big markup on the money factor.

radicalforce1

Thanks Kyfdx. Is the MF on Q7 0.00079? Wasn't it 0.0031 in September? Thanks. 

markderek

Hello,

I'm about to begin negotiating a lease on a 2015 Audi Q7 3.0T Premium Plus (Tiptronic) in Maryland. Looking for the latest MF and Residual for a 36 month/15k deal. Can you help?

Thanks.

kyfdx

radicalforce1 said:

Thanks Kyfdx. Is the MF on Q7 0.00079? Wasn't it 0.0031 in September? Thanks. 

Yes.. and no. it was higher in September

kyfdx

markderek said:

Hello,

I'm about to begin negotiating a lease on a 2015 Audi Q7 3.0T Premium Plus (Tiptronic) in Maryland. Looking for the latest MF and Residual for a 36 month/15k deal. Can you help?

Thanks.

.00079 MF and 52% residual

markderek

Thanks @kyfdx. Appreciate the info.

radicalforce1

Thanks kyfdx. Could you please help me calculate payment both monthly and one time lease?

2015 Q7 Premium plus - MSRP -$58775
Selling Price - $52000
12K/36 months

Down Payment - $0
Title & Registration - $391
Doc Fee - $399
Tax Rate - 7%

Thanks!

kyfdx

radicalforce1 said:

Thanks kyfdx. Could you please help me calculate payment both monthly and one time lease?

2015 Q7 Premium plus - MSRP -$58775
Selling Price - $52000
12K/36 months

Down Payment - $0
Title & Registration - $391
Doc Fee - $399
Tax Rate - 7%

Thanks!

.00079 MF and 54% residual
$629/mo.+tax.

With just first payment and title/registration upfront, about $707/mo. including tax.

New Jersey, right?

wolfsburg2

Can someone please post the MF/Residuals for 36/36k for the Q7 TDI Premium Plus?

Also, I believe there is an $1850 option package credit for the warm weather plus package. Is there an additional incentive for the premium plus? I believe the dealer mentioned an additional $2k credit.

Thanks!

Michaell

wolfsburg2 said:

Can someone please post the MF/Residuals for 36/36k for the Q7 TDI Premium Plus?

Also, I believe there is an $1850 option package credit for the warm weather plus package. Is there an additional incentive for the premium plus? I believe the dealer mentioned an additional $2k credit.

Thanks!

2015 Q7 TDI Premium Plus 36/12 - .00090 and 55%

No information on incentives.

pcullen1

kyfdx, could I get the October numbers for a 3.0T Q7 Premium Plus and S-Line? 36/12 and 42/12. Also, do you know what the dealer incentives are? I know there are tons since they are trying to move these before the '16/'17s arrive in January(ish).

Thank you

pcullen1

Sorry, didn't see the last comment about incentives...

Michaell

pcullen1 said:

kyfdx, could I get the October numbers for a 3.0T Q7 Premium Plus and S-Line? 36/12 and 42/12. Also, do you know what the dealer incentives are? I know there are tons since they are trying to move these before the '16/'17s arrive in January(ish).

Thank you

2015 Q7 3.0T Premium Plus:

36/12 - .00079 and 54%
42/12 - .00099 and 50%

No specific S-Line numbers

No incentives that we see - use the "Car Research" tab at the top of the page to link to Edmunds' incentive information.

pcullen1

Michaell said:

pcullen1 said:

kyfdx, could I get the October numbers for a 3.0T Q7 Premium Plus and S-Line? 36/12 and 42/12. Also, do you know what the dealer incentives are? I know there are tons since they are trying to move these before the '16/'17s arrive in January(ish).

Thank you

2015 Q7 3.0T Premium Plus:

36/12 - .00079 and 54%
42/12 - .00099 and 50%

No specific S-Line numbers

No incentives that we see - use the "Car Research" tab at the top of the page to link to Edmunds' incentive information.

How much does residual drop for Prestige?

thank you.

pcullen1

Michaell said:

pcullen1 said:

kyfdx, could I get the October numbers for a 3.0T Q7 Premium Plus and S-Line? 36/12 and 42/12. Also, do you know what the dealer incentives are? I know there are tons since they are trying to move these before the '16/'17s arrive in January(ish).

Thank you

2015 Q7 3.0T Premium Plus:

36/12 - .00079 and 54%
42/12 - .00099 and 50%

No specific S-Line numbers

No incentives that we see - use the "Car Research" tab at the top of the page to link to Edmunds' incentive information.

Thank you.

What about Prestige? Rather than S-Line.

Michaell

pcullen1 said:

Michaell said:

pcullen1 said:

kyfdx, could I get the October numbers for a 3.0T Q7 Premium Plus and S-Line? 36/12 and 42/12. Also, do you know what the dealer incentives are? I know there are tons since they are trying to move these before the '16/'17s arrive in January(ish).

Thank you

2015 Q7 3.0T Premium Plus:

36/12 - .00079 and 54%
42/12 - .00099 and 50%

No specific S-Line numbers

No incentives that we see - use the "Car Research" tab at the top of the page to link to Edmunds' incentive information.

Thank you.

What about Prestige? Rather than S-Line.

Prestige residual is 5% lower than Premium Plus

yarman26

I am being given a MF of .00106 for 2015 Q7 premium plus for 12k/36months.  How did you get .00079? Is there anyway I can prove this to the dealership?  This is in NJ

Michaell

yarman26 said:

I am being given a MF of .00106 for 2015 Q7 premium plus for 12k/36months.  How did you get .00079? Is there anyway I can prove this to the dealership?  This is in NJ

Be polite and tell them you won't sign a deal with an inflated MF. They know what the base rate is; no need to negotiate it with them.

And, reach out to several Audi dealers - it only takes one to make a deal on your terms.

yarman26

Michaell said:

I am being given a MF of .00106 for 2015 Q7 premium plus for 12k/36months.  How did you get .00079? Is there anyway I can prove this to the dealership?  This is in NJ

Be polite and tell them you won't sign a deal with an inflated MF. They know what the base rate is; no need to negotiate it with them. And, reach out to several Audi dealers - it only takes one to make a deal on your terms.

Thanks Michaell! Great info for ppl like me who are 1st time leasers 

fynride1

Can anyone confirm MSDs for Audi (looking for total number permitted and effect of each). I believe I read .00008 per MSD up to a total of 10.

Also, what would be a fair price to expect a '15 Q7 Prestige S-line (MSRP $70,130). Looking to lease 36/10 or 36/12.

kyfdx

fynride1 said:

Can anyone confirm MSDs for Audi (looking for total number permitted and effect of each). I believe I read .00008 per MSD up to a total of 10.

Also, what would be a fair price to expect a '15 Q7 Prestige S-line (MSRP $70,130). Looking to lease 36/10 or 36/12.

Not sure of the Audi MSD program, but I don't think it's that generous. (maybe 10 X .00005?)

.00059 MF and 50%/49% residual

Michaell

I think the Audi MSD program allows 9 @ .00005 each.

flokofjaklz

Good morning. Can I get the residual and money factors for a 2015 Q7 Premium Plus with 36/12 and 39/12? Thank you in advance for the info!

flokofjaklz

It is a 3.0T

Michaell

flokofjaklz said:

Good morning. Can I get the residual and money factors for a 2015 Q7 Premium Plus with 36/12 and 39/12? Thank you in advance for the info!

flokofjaklz said:

It is a 3.0T

36/12 - .00079 and 54%
39/12 - .00099 and 52%

flokofjaklz

Thank you!!!!

fynride1

Thanks... I was quoted 5% off MSRP. And mf of .00081 and 47% residual for 39/12. Not a good deal in my eyes.

kyfdx

fynride1 said:

Thanks... I was quoted 5% off MSRP. And mf of .00081 and 47% residual for 39/12. Not a good deal in my eyes.

Sounds like they were quoting a Prestige model.

39 months is not the best term for Audi... better off with 36 or 42

carmaster1

Can I get MF and residual value (nov) on a premium plus 3.0T in Texas please?

carmaster1

I've been quoted $660/mo (12k/36mo) before tax in Texas. MSRP $60170, selling price $49900, cap cost -? MF- ? Premium plus 3.0T, off-road pkg, warm weather pkg. first payment down. Not sure if it's a good deal. Help

Michaell

carmaster1 said:

I've been quoted $660/mo (12k/36mo) before tax in Texas. MSRP $60170, selling price $49900, cap cost -? MF- ? Premium plus 3.0T, off-road pkg, warm weather pkg. first payment down. Not sure if it's a good deal. Help

.00079 and 54% for 36/12. We would need to know the cap Cost in order to model the payment. Texas applies sales tax to the entire selling price of the vehicle, which makes leases pretty expensive 

jgarveyatl

Is Audi offering any incentives/rebates on the 2015 MY Q7 lease deal shown here? I understand they are skipping the 2016 MY for 2017. Also, what would the MF be for a 730 FICO (is this A tier)?

Model: 2015 Q7 Premium
Lease: 36 month/10K mi/yr
Purchase price: $50,867
Downpyt: $4,099 (includes 1st mo pyt $499 and $695 acq. fee)
Mo. lease pyt: $499
Total payments: $17,964 ($499 * 36)
Purchase option: $28,014 (55%)
Includes $500 bonus cash

Did I calculate the straight line depreciation correctly below?
$50,867 - $500 bonus - $2,905 deposit) - $28,014 residual = $19,448
$19,448 / 36 mo = $540.22 (but lease deal is $499/month)

Michaell

jgarveyatl said:

Is Audi offering any incentives/rebates on the 2015 MY Q7 lease deal shown here? I understand they are skipping the 2016 MY for 2017. Also, what would the MF be for a 730 FICO (is this A tier)?

Model: 2015 Q7 Premium
Lease: 36 month/10K mi/yr
Purchase price: $50,867
Downpyt: $4,099 (includes 1st mo pyt $499 and $695 acq. fee)
Mo. lease pyt: $499
Total payments: $17,964 ($499 * 36)
Purchase option: $28,014 (55%)
Includes $500 bonus cash

Did I calculate the straight line depreciation correctly below?
$50,867 - $500 bonus - $2,905 deposit) - $28,014 residual = $19,448
$19,448 / 36 mo = $540.22 (but lease deal is $499/month)

I figure MSRP at $50,934 - is your purchase price inclusive of sales tax?

Need to know the net cap cost (negotiated price + taxes & fees - down payment) in order to model the payment.

jgarveyatl

Thanks @Michaell I have 2 quotes, 10K and 12K miles, both 36 month. See details below:

MSRP: $59,455
Discount: ($4,600)
GA Tax: $3,211.63
Title: $139
Doc: $599
Lease fee $699
Rebate: ($500)
Total: $59,592.63

10K miles/36 months:
Downpyt: $860 (assuming this is 1st month payment)
Monthly: $860

12K miles/36 months
Downpyt: $876
Monthly: $876

Michaell

jgarveyatl said:

Thanks @Michaell I have 2 quotes, 10K and 12K miles, both 36 month. See details below:

MSRP: $59,455
Discount: ($4,600)
GA Tax: $3,211.63
Title: $139
Doc: $599
Lease fee $699
Rebate: ($500)
Total: $59,592.63

10K miles/36 months:
Downpyt: $860 (assuming this is 1st month payment)
Monthly: $860

12K miles/36 months
Downpyt: $876
Monthly: $876

Hmmm ... using the Audi Finance numbers of .00079 and 55% for 36/12, I get $819.93/mo.

36/10 residual is 56%, and the payment is $803.89.

I would confirm that the net cap cost is equal to the $59,593 above - if not, have the dealer explain what else has been added.

Or, the MF is marked up on you.

jgarveyatl

@Michaell are there any additional incentives offered by Audi on the Q7's (in addition to the $500/$100 on Premium+/Prestige models)? I don't own an Audi so I can't take advantage of the Customer Loyalty rebate.

Michaell

jgarveyatl said:

@Michaell are there any additional incentives offered by Audi on the Q7's (in addition to the $500/$100 on Premium+/Prestige models)? I don't own an Audi so I can't take advantage of the Customer Loyalty rebate.

I don't have that information .. use the "car research" tab at the top of the page to link to the Edmunds info.

c300miami

Hi, in the market for another car, this time the Q7. Credit is 795 so A tier. The deal advertised in Miami (sales tax 6.5%) is:

MSRP $49,600
$4160 total due at signing including tax
7500 miles per year
36 months
$479/month

This is on the Premium model, so i need your help:

1. What is the MF and residual for the Premium model?
2. What is the MF and residual for the Premium Plus model?
3. What is the MF and residual for the S-Line Prestige model?

Going shopping tomorrow so any response is highly appreciated!

c300miami

Michaell said:

carmaster1 said:

I've been quoted $660/mo (12k/36mo) before tax in Texas. MSRP $60170, selling price $49900, cap cost -? MF- ? Premium plus 3.0T, off-road pkg, warm weather pkg. first payment down. Not sure if it's a good deal. Help

.00079 and 54% for 36/12. We would need to know the cap Cost in order to model the payment. Texas applies sales tax to the entire selling price of the vehicle, which makes leases pretty expensive 

WOW which dealer in Texas discounted the Q7 over $10K?

kyfdx

c300miami said:

Hi, in the market for another car, this time the Q7. Credit is 795 so A tier. The deal advertised in Miami (sales tax 6.5%) is:

MSRP $49,600
$4160 total due at signing including tax
7500 miles per year
36 months
$479/month

This is on the Premium model, so i need your help:

1. What is the MF and residual for the Premium model?
2. What is the MF and residual for the Premium Plus model?
3. What is the MF and residual for the S-Line Prestige model?

Going shopping tomorrow so any response is highly appreciated!

.00079 MF and 57%/56%/51% residual.

steves7

Hi. I just received the following quote for a 2015 Premium Plus Q7. Trying to figure out if it's a good deal - I forgot to ask about the money factor (they said it was not marked up) and the residual.

MSRP: $57,370
Disc: ($4,500)
Rebate: ($500)
Adjusted Price: $52,370
12,000 miles/year

36 months $756/month
42 months $733/month

I'd prefer 42 months, but don't know which is a better deal.

Thanks.

kyfdx

steves7 said:

Hi. I just received the following quote for a 2015 Premium Plus Q7. Trying to figure out if it's a good deal - I forgot to ask about the money factor (they said it was not marked up) and the residual.

MSRP: $57,370
Disc: ($4,500)
Rebate: ($500)
Adjusted Price: $52,370
12,000 miles/year

36 months $756/month
42 months $733/month

I'd prefer 42 months, but don't know which is a better deal.

Thanks.

.00079 MF and 54% residual for 36/12
.00099 MF and 50% residual for 42/12

36: $660/mo.+tax
42: $644.mo.+tax

Of course, we don't have any allowances for acquisition fees, taxes, or what amount is due at signing. You need those details to see if they are marking anything up. Or, you could ask them to disclose the money factor they are using.

gjperera

Great discussion and timely. I am in the market for a lease myself and I am being offered the following terms:

Q7 Premium Plus
>MSRP $58,105
>Sale Price $54,039
>39 Mos lease/15k
>MF 0.00149
>Residual 50%
>lease is $764.95 per month plus tax
>$2500 down at signing includes start up fees, first payment, and registration fees

Based on the MF seen here this appears high...no? Credit scores 795 highest and 757 the lowest with transition. Any suggestions/comments much appreciated. Thanks.