2016 Audi Q5 Lease Questions

Michaell

11bmw5 said:

hello kyfdx, do you mind to share a calculator where I can plugin "adjusted CAP cost" and compare what monthly payment should be around vs one I was given? thanks!

This article should get you started:

http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

11bmw5

quick question: is it still worth purchasing AudiCare for extra few $$ /month, will it paid itself off during 3 years of lease, or my mechanic can take care of it and not to bother with a dealer services?

bestjax

kyfdx said:

bestjax said:

3.0 are nice but expensive....
Looking at Q5 3.0 Premium Plus in CA,
MRSP 54580, Sales Price 48580, -> seems fair
36 months, 12 K with Audi Care
perfect credit
Getting 2 K discount for airbag issue for trade-in, resulting in zero drive off
662 per month. I think this is high due to MF of I believe 0.019.
Would appreciate opinion

.00143 MF and 58% residual for 36/12 w/AudiCare.

Also, $1000 Summer of Audi incentive + $750 loyalty/conquest incentive..

If the sale price is the CAP cost, I get $585/mo.+tax, with .00143 MF

Adding some numbers for further feedback please:
MRSP 54580, Sales Price 48580, -> seems fair
GRoss cap to include audi care 49500
Adjusted cap cost 47900
36 months, 12 K with Audi Care
perfect credit
Getting total of 3750 discount for airbag issue of trade in and incentives , resulting in zero drive off
662 per month. I think this is high due to MF of I believe 0.019.

kyfdx

11bmw5 said:

quick question: is it still worth purchasing AudiCare for extra few $$ /month, will it paid itself off during 3 years of lease, or my mechanic can take care of it and not to bother with a dealer services?

Adding AudiCare for $849, and then getting the 1% increase in residual, usually results in a total cost of $10/mo. You want dealer service during the warranty, because that way, it's all covered. It's either warranty work or maintenance, right?

You mechanic can't properly maintain a Q5 for $10/mo. Get the AudiCare.

kyfdx

bestjax said:

kyfdx said:

bestjax said:

3.0 are nice but expensive....
Looking at Q5 3.0 Premium Plus in CA,
MRSP 54580, Sales Price 48580, -> seems fair
36 months, 12 K with Audi Care
perfect credit
Getting 2 K discount for airbag issue for trade-in, resulting in zero drive off
662 per month. I think this is high due to MF of I believe 0.019.
Would appreciate opinion

.00143 MF and 58% residual for 36/12 w/AudiCare.

Also, $1000 Summer of Audi incentive + $750 loyalty/conquest incentive..

If the sale price is the CAP cost, I get $585/mo.+tax, with .00143 MF

Adding some numbers for further feedback please:
MRSP 54580, Sales Price 48580, -> seems fair
GRoss cap to include audi care 49500
Adjusted cap cost 47900
36 months, 12 K with Audi Care
perfect credit
Getting total of 3750 discount for airbag issue of trade in and incentives , resulting in zero drive off
662 per month. I think this is high due to MF of I believe 0.019.

$603/mo.+tax with .00190 MF
$565/mo.+tax with .00143 MF

11bmw5

Got my final numbers, please let me know what you think:
MSRP: $43,700.00

Savings: $5,505.00

Rebate: $1,750.00

Sell Price: $36,445.00

Tax: $2,648.10

Doc/ tag/ title: $632.00

Total: $39,725.10
First payment due at sign: 429.00

36 months/ 10k miles: $429.26

RV: 59% and MF .00030
Acq Fee is included in price.

kyfdx

11bmw5 said:

Got my final numbers, please let me know what you think:
MSRP: $43,700.00

Savings: $5,505.00

Rebate: $1,750.00

Sell Price: $36,445.00

Tax: $2,648.10

Doc/ tag/ title: $632.00

Total: $39,725.10
First payment due at sign: 429.00

36 months/ 10k miles: $429.26

RV: 59% and MF .00030
Acq Fee is included in price.

Adding the $795 acquisition fee to the total (not sure why they didn't just do that. lol), I get the same payment.

That's a good deal. Getting all of the numbers really helps, huh?

11bmw5

Absolutely! It did help... now do you think there is still a room in this deal to ask to include Audi Care?

kyfdx

11bmw5 said:

Absolutely! It did help... now do you think there is still a room in this deal to ask to include Audi Care?

You can always ask. If not, the payment should only go up $12/mo.

jbrew33

I was hoping you could provide the following residual rate and MF for the following:
2016 Q5 2.0T with Prem Plus w/tech 36/10 & 36/12.
2016 Q5 3.0T with Prem Plus w/tech 36/10 & 36/12.

I am located in MA if that helps.

Michaell

jbrew33 said:

I was hoping you could provide the following residual rate and MF for the following:
2016 Q5 2.0T with Prem Plus w/tech 36/10 & 36/12.
2016 Q5 3.0T with Prem Plus w/tech 36/10 & 36/12.

I am located in MA if that helps.

36/12 numbers:
2.0T - .00030 and 55%
3.0T - .00143 and 53%

Add 1% for 10K

$1000 Summer of Audi incentive and $750 loyalty or conquest incentive

dlc0721

Could you please provide the July MF and Residual Value for the below:

2016 Q5 2.0T with Premium 36/12.

kyfdx

dlc0721 said:

Could you please provide the July MF and Residual Value for the below:

2016 Q5 2.0T with Premium 36/12.

.00030 MF and 58% residual

nicu2001

Could you please provide the July MF and Residual Value for the SQ5 36/10? Any incentives? Thanks

Michaell

nicu2001 said:

Could you please provide the July MF and Residual Value for the SQ5 36/10? Any incentives? Thanks

.00120 and 59% for Premium Plus trim.

$1000 Summer of Audi incentive, and $750 for either loyalty or conquest.

joemitchell

Can you please comment on lease vs. balloon payment in TX? I've been told there are sales tax differences. Thank you

kyfdx

joemitchell said:

Can you please comment on lease vs. balloon payment in TX? I've been told there are sales tax differences. Thank you

I don't know the particulars on the balloon program, but the basic premise is all about the sales tax.

Texas is one of the few states that taxes the full selling price of the vehicle, even on a lease. So, tax is the same with either program. The problem with the lease is you don't own the vehicle, so at lease end, when you go to lease another vehicle, you don't get any trade-in credit for the taxes. If you decide to purchase your vehicle at lease end, you still owe tax on the buyout.

But, if you use the balloon program, at the end of the term, you can pay for the car and keep it, with no further sales tax (it's already in your name), or if you turn/trade it in, you get a sales tax credit against the next vehicle.

pinksnyper

@kyfdx found you again. Since I didn't see them already posted, may I ask for numbers for 2016 Q5 Prem Plus 2.0 for 15/36 in NJ?

Michaell

pinksnyper said:

@kyfdx found you again. Since I didn't see them already posted, may I ask for numbers for 2016 Q5 Prem Plus 2.0 for 15/36 in NJ?

.00030 and 53%. $1000 Summer of Audi incentive, and $750 loyalty or conquest incentive.

abby2629

Hello Michaell,

Could you please help to check attached lease deal for Audi 2016 Q5 Premium plus



Thank You!

kyfdx

abby2629 said:

Hello Michaell,

Could you please help to check attached lease deal for Audi 2016 Q5 Premium plus



Thank You!

Like most Autonation lease quotes, it's woefully short on real lease information.

Which state are you in? It's like those taxes are for purchase only. And, no mention of the acquisition fee.

Looks like you have $7230 equity in your current vehicle. I sure wouldn't want to put that much down on a lease.

abby2629

kyfdx said:

abby2629 said:

Hello Michaell,

Could you please help to check attached lease deal for Audi 2016 Q5 Premium plus



Thank You!

Like most Autonation lease quotes, it's woefully short on real lease information.

Which state are you in? It's like those taxes are for purchase only. And, no mention of the acquisition fee.

Looks like you have $7230 equity in your current vehicle. I sure wouldn't want to put that much down on a lease.

State is Washington.

Michaell

abby2629 said:

kyfdx said:

abby2629 said:

Hello Michaell,

Could you please help to check attached lease deal for Audi 2016 Q5 Premium plus



Thank You!

Like most Autonation lease quotes, it's woefully short on real lease information.

Which state are you in? It's like those taxes are for purchase only. And, no mention of the acquisition fee.

Looks like you have $7230 equity in your current vehicle. I sure wouldn't want to put that much down on a lease.

State is Washington.

Washington taxes the monthly payment on a lease; the tax information in the quote is irrelevant.

Ask the dealer for the adjusted capitalized cost.

abby2629

abby2629 said:

kyfdx said:

abby2629 said:

Hello Michaell,

Could you please help to check attached lease deal for Audi 2016 Q5 Premium plus



Thank You!

Like most Autonation lease quotes, it's woefully short on real lease information.

Which state are you in? It's like those taxes are for purchase only. And, no mention of the acquisition fee.

Looks like you have $7230 equity in your current vehicle. I sure wouldn't want to put that much down on a lease.

State is Washington.

Here are details,
Audi Q5 Premium plus with Tech and Navi package

CAP cost - 44773.79
Cap reduction - 8032.19
Lease Residual Value - 26804.25
Acquisition Fee - 792

12,000/36 months

Monthly payment $350 (including all charges)

Michaell

abby2629 said:

abby2629 said:

kyfdx said:

abby2629 said:

Hello Michaell,

Could you please help to check attached lease deal for Audi 2016 Q5 Premium plus



Thank You!

Like most Autonation lease quotes, it's woefully short on real lease information.

Which state are you in? It's like those taxes are for purchase only. And, no mention of the acquisition fee.

Looks like you have $7230 equity in your current vehicle. I sure wouldn't want to put that much down on a lease.

State is Washington.

Here are details,
Audi Q5 Premium plus with Tech and Navi package

CAP cost - 44773.79
Cap reduction - 8032.19
Lease Residual Value - 26804.25
Acquisition Fee - 792

12,000/36 months

Monthly payment $350 (including all charges)

The $8000 in cap reduction is masking $222 on the payment - your "true" payment is $572/mo

Using the $48,735 MSRP and $44,774 cap cost, along with the 36/12 lease numbers of .00030 and 55%, I get $521/mo before tax. Tax rate in Washington is close to 10%, right? If so, then the post-tax number is - wait for it - $572/mo.

So, the good news is that the dealer is not marking up the MF for more profit.

The bad news is that you'll lose that $8K if the vehicle is stolen or totaled during the lease.

Better to save that money and use it to help with the higher payment.

rarekat

Can you please provide July MF and Residual numbers for 2016 Q5 Prem Plus 2.0 W/Tech for 36/10 and 36/15 in NC?

Michaell

rarekat said:

Can you please provide July MF and Residual numbers for 2016 Q5 Prem Plus 2.0 W/Tech for 36/10 and 36/15 in NC?

.00030 and 56% / 53%

$1000 Summer of Audi cash

$750 loyalty or conquest cash

avdosha

Can you please provide money factor and residual for WA state? Is it really that low? .00030?
I just spoke to the dealer, he had no clue about MF but told me residual on Q5 base model is 50%. is that true?

kyfdx

avdosha said:

Can you please provide money factor and residual for WA state? Is it really that low? .00030?
I just spoke to the dealer, he had no clue about MF but told me residual on Q5 base model is 50%. is that true?

Q5 2.0T Premium: .00030 MF and 56% residual for 36/15.

rarekat

Michaell said:

rarekat said:

Can you please provide July MF and Residual numbers for 2016 Q5 Prem Plus 2.0 W/Tech for 36/10 and 36/15 in NC?

.00030 and 56% / 53%

$1000 Summer of Audi cash

$750 loyalty or conquest cash

I have received a quote from a dealer on a 2016 Q5 Prem Plus 2.0 W/Tech for 36/12.

Market Value : 48,625
Dealer discount (3%) and $1000 Rebate (Audi Summer event) and with Audi Care added - $1555
Vehicle Price (Net after Rebate): $47,770

Money Factor is .0008. This is in NC state.
Due at Signing is $3000 which covers the 1st month payment, tag ($94.00) and doc ($598) fees and $2300 of the $2999 cap cost.

Monthly payment is at $555.00 (including taxes).
Residual at the end of the lease is $27,622.00)

Please let me know if this is a good deal. I am planning on asking the dealer to reduce my payments to $500 or so without going any higher further on the down payment.

Appreciate any feedback. Thanks again.

kyfdx

rarekat said:

Michaell said:

rarekat said:

Can you please provide July MF and Residual numbers for 2016 Q5 Prem Plus 2.0 W/Tech for 36/10 and 36/15 in NC?

.00030 and 56% / 53%

$1000 Summer of Audi cash

$750 loyalty or conquest cash

I have received a quote from a dealer on a 2016 Q5 Prem Plus 2.0 W/Tech for 36/12.

Market Value : 48,625
Dealer discount (3%) and $1000 Rebate (Audi Summer event) and with Audi Care added - $1555
Vehicle Price (Net after Rebate): $47,770

Money Factor is .0008. This is in NC state.
Due at Signing is $3000 which covers the 1st month payment, tag ($94.00) and doc ($598) fees and $2300 of the $2999 cap cost.

Monthly payment is at $555.00 (including taxes).
Residual at the end of the lease is $27,622.00)

Please let me know if this is a good deal. I am planning on asking the dealer to reduce my payments to $500 or so without going any higher further on the down payment.

Appreciate any feedback. Thanks again.

.00030 MF and 55% residual for 36mo, 12K/yr.
The list price for AudiCare on a Q5 is just $849.
This also adds 1% to the residual , or 56% in this case.

So, to recap
3% off MSRP (should be looking for 5%-6% off)
marked up AudiCare (should be $849)
$598 dealer fee (consider this a reduction to your discount)
.00080 MF (.00030 base. This adds $37/mo.)

Not a good deal.

angel933

Looking at the Q5 2.0T Technology and Premium Plus Package
36m/20k
MSRP $49,375
Selling price $45,000 less $1750 rebates = $43,250
Adjusted Cap $48,500
Residual $23,892
MF .0003
Payment $700 nothing out of pocket since taxes and fees into payment, only 1st month payment due at signing
NJ 7% tax
Acquisition fees, DMV fees and Document fees should total $1411
Is this payment fair? Seems high but maybe I'm just doing my calculations wrong as I'm new to leasing.

kyfdx

angel933 said:

Looking at the Q5 2.0T Technology and Premium Plus Package
36m/20k
MSRP $49,375
Selling price $45,000 less $1750 rebates = $43,250
Adjusted Cap $48,500
Residual $23,892
MF .0003
Payment $700 nothing out of pocket since taxes and fees into payment, only 1st month payment due at signing
NJ 7% tax
Acquisition fees, DMV fees and Document fees should total $1411
Is this payment fair? Seems high but maybe I'm just doing my calculations wrong as I'm new to leasing.

Why is the adjusted CAP cost $5250 higher than the selling price? Do you have to pay for the extra miles, upfront?

angel933

kyfdx said:

Looking at the Q5 2.0T Technology and Premium Plus Package 36m/20k MSRP $49,375 Selling price $45,000 less $1750 rebates = $43,250 Adjusted Cap $48,500 Residual $23,892 MF .0003 Payment $700 nothing out of pocket since taxes and fees into payment, only 1st month payment due at signing NJ 7% tax Acquisition fees, DMV fees and Document fees should total $1411 Is this payment fair? Seems high but maybe I'm just doing my calculations wrong as I'm new to leasing.

Why is the adjusted CAP cost $5250 higher than the selling price? Do you have to pay for the extra miles, upfront?

That's what I was trying to figure out myself. I thought the low residual was because of the extra miles. I know the cap goes up from taxes and fees but knowing fees of 1411 I figured with tax that would be around 2850 not 5250.  I arrived at a payment of $617 nothing out of pocket. I will email asking what the 5250 consists of. 

avdosha

Please let me know if this is a reasonable offer? The dealer is telling me mf is .0003 and kind of unclear on residual so I can't calculate.
This is for Audi Q5 Premium Plus in WA state.

MSPR: $48,735
Autonation Savings: -$3,615
Customer Rebate: -$1,000
Price: $44,119
--
Sales tax (estimate): +$4,421.72
Documentation Fee: +$150
Tax Registration (estimate): +$300
Balance Due: $48,991.33

They want $1,500 down for a 36/10K, monthly payments with tax included is $550.

Michaell

avdosha said:

Please let me know if this is a reasonable offer? The dealer is telling me mf is .0003 and kind of unclear on residual so I can't calculate.
This is for Audi Q5 Premium Plus in WA state.

MSPR: $48,735
Autonation Savings: -$3,615
Customer Rebate: -$1,000
Price: $44,119
--
Sales tax (estimate): +$4,421.72
Documentation Fee: +$150
Tax Registration (estimate): +$300
Balance Due: $48,991.33

They want $1,500 down for a 36/10K, monthly payments with tax included is $550.

.00030 and 56% for 36/10

It is my understanding, that in Washington sales tax is a flight to the monthly payment, not all upfront. This looks like a purchase quote, not a lease quote.

Ask the dealer for the adjusted capitalized cost. Also, find out how the $1500 is going to be applied.

avdosha

Michaell said:

avdosha said:

Please let me know if this is a reasonable offer? The dealer is telling me mf is .0003 and kind of unclear on residual so I can't calculate.
This is for Audi Q5 Premium Plus in WA state.

MSPR: $48,735
Autonation Savings: -$3,615
Customer Rebate: -$1,000
Price: $44,119
--
Sales tax (estimate): +$4,421.72
Documentation Fee: +$150
Tax Registration (estimate): +$300
Balance Due: $48,991.33

They want $1,500 down for a 36/10K, monthly payments with tax included is $550.

.00030 and 56% for 36/10

It is my understanding, that in Washington sales tax is a flight to the monthly payment, not all upfront. This looks like a purchase quote, not a lease quote.

Ask the dealer for the adjusted capitalized cost. Also, find out how the $1500 is going to be applied.

Michaell, thank you! I plugged the numbers and if the adjusted cap cost is 44,119 with .0003 MF and residual 56% then the payment should be $446 (no tax) and $490 with WA state tax. I will make sure to ask him tomorrow, going back to seal the deal. Where else the $1500 can be applied to? I was hoping it's going against the adjusted cap cost, so $44,119 - 1500...
Are they losing money on this deal? He kept saying that I'm getting this car under the invoice.

Michaell

avdosha said:

Michaell said:

avdosha said:

Please let me know if this is a reasonable offer? The dealer is telling me mf is .0003 and kind of unclear on residual so I can't calculate.
This is for Audi Q5 Premium Plus in WA state.

MSPR: $48,735
Autonation Savings: -$3,615
Customer Rebate: -$1,000
Price: $44,119
--
Sales tax (estimate): +$4,421.72
Documentation Fee: +$150
Tax Registration (estimate): +$300
Balance Due: $48,991.33

They want $1,500 down for a 36/10K, monthly payments with tax included is $550.

.00030 and 56% for 36/10

It is my understanding, that in Washington sales tax is a flight to the monthly payment, not all upfront. This looks like a purchase quote, not a lease quote.

Ask the dealer for the adjusted capitalized cost. Also, find out how the $1500 is going to be applied.

Michaell, thank you! I plugged the numbers and if the adjusted cap cost is 44,119 with .0003 MF and residual 56% then the payment should be $446 (no tax) and $490 with WA state tax. I will make sure to ask him tomorrow, going back to seal the deal. Where else the $1500 can be applied to? I was hoping it's going against the adjusted cap cost, so $44,119 - 1500...
Are they losing money on this deal? He kept saying that I'm getting this car under the invoice.

It's up to you to decide how to apply the $1500, but in the end, I don't think it will make much of a difference on the payment.

Not your concern whether they are losing money or not. Trust me, they wouldn't make the deal if that were the case.

leeby2k

Hi, I'm looking to lease a 2016 Audi SQ5 with Premium Plus Pkg for 36 months with either 10K or 12K miles per year. What is the current MF and % Residual for Washington State? Thank you!

Michaell

leeby2k said:

Hi, I'm looking to lease a 2016 Audi SQ5 with Premium Plus Pkg for 36 months with either 10K or 12K miles per year. What is the current MF and % Residual for Washington State? Thank you!

.00120 and 59% / 58%

rarekat

kyfdx said:

rarekat said:

Michaell said:

rarekat said:

Can you please provide July MF and Residual numbers for 2016 Q5 Prem Plus 2.0 W/Tech for 36/10 and 36/15 in NC?

.00030 and 56% / 53%

$1000 Summer of Audi cash

$750 loyalty or conquest cash

I have received a quote from a dealer on a 2016 Q5 Prem Plus 2.0 W/Tech for 36/12.

Market Value : 48,625
Dealer discount (3%) and $1000 Rebate (Audi Summer event) and with Audi Care added - $1555
Vehicle Price (Net after Rebate): $47,770

Money Factor is .0008. This is in NC state.
Due at Signing is $3000 which covers the 1st month payment, tag ($94.00) and doc ($598) fees and $2300 of the $2999 cap cost.

Monthly payment is at $555.00 (including taxes).
Residual at the end of the lease is $27,622.00)

Please let me know if this is a good deal. I am planning on asking the dealer to reduce my payments to $500 or so without going any higher further on the down payment.

Appreciate any feedback. Thanks again.

.00030 MF and 55% residual for 36mo, 12K/yr.
The list price for AudiCare on a Q5 is just $849.
This also adds 1% to the residual , or 56% in this case.

So, to recap
3% off MSRP (should be looking for 5%-6% off)
marked up AudiCare (should be $849)
$598 dealer fee (consider this a reduction to your discount)
.00080 MF (.00030 base. This adds $37/mo.)

Not a good deal.

Got another quote for a different dealer:

2016 Audi Q5 2.0T Quattro Tiptronic
. Glacier White metallic
. Pistachio Beige interior
. Audi Guard Protection Kit
. Front filler panel
. Audi first aid kit
. Audi travelspace base carrier bag
. Technology package
. 19" Wheel package
. Cargo net
. Premium Plus Package

This is the dealer quote:
MSRP $49,575.00
Less Discount - $4,082.00
Dealer Savings Price = $45,493.00
Dealer Installed Accessories + $849.00
AUDI CARE $849.00
Less Manufacturer Incentive - $1,000.00
Trade Value - $.00
Trade Difference = $45,342.00
Taxable Amount $45,342.00
Taxes + $1,407.93
Administrative Fee + $589.00
DMV Fees + $89.00
Electronic Filing Fee + $12.00
Payoff on Trade(s) + $.00
Total Amount Due = $47,439.93

Money Factor is at .00030 (in NC state). Tax rate is at 3%.
Lease for 36m/12K is at 500/month with 3000 due at signing.

Edmunds TMV is listed as $46,945, and Invoice price shows $46,196.

Please let me know if this is a good deal? Thanks.

kyfdx

rarekat said:

kyfdx said:

rarekat said:

Michaell said:

rarekat said:

Can you please provide July MF and Residual numbers for 2016 Q5 Prem Plus 2.0 W/Tech for 36/10 and 36/15 in NC?

.00030 and 56% / 53%

$1000 Summer of Audi cash

$750 loyalty or conquest cash

I have received a quote from a dealer on a 2016 Q5 Prem Plus 2.0 W/Tech for 36/12.

Market Value : 48,625
Dealer discount (3%) and $1000 Rebate (Audi Summer event) and with Audi Care added - $1555
Vehicle Price (Net after Rebate): $47,770

Money Factor is .0008. This is in NC state.
Due at Signing is $3000 which covers the 1st month payment, tag ($94.00) and doc ($598) fees and $2300 of the $2999 cap cost.

Monthly payment is at $555.00 (including taxes).
Residual at the end of the lease is $27,622.00)

Please let me know if this is a good deal. I am planning on asking the dealer to reduce my payments to $500 or so without going any higher further on the down payment.

Appreciate any feedback. Thanks again.

.00030 MF and 55% residual for 36mo, 12K/yr.
The list price for AudiCare on a Q5 is just $849.
This also adds 1% to the residual , or 56% in this case.

So, to recap
3% off MSRP (should be looking for 5%-6% off)
marked up AudiCare (should be $849)
$598 dealer fee (consider this a reduction to your discount)
.00080 MF (.00030 base. This adds $37/mo.)

Not a good deal.

Got another quote for a different dealer:

2016 Audi Q5 2.0T Quattro Tiptronic
. Glacier White metallic
. Pistachio Beige interior
. Audi Guard Protection Kit
. Front filler panel
. Audi first aid kit
. Audi travelspace base carrier bag
. Technology package
. 19" Wheel package
. Cargo net
. Premium Plus Package

This is the dealer quote:
MSRP $49,575.00
Less Discount - $4,082.00
Dealer Savings Price = $45,493.00
Dealer Installed Accessories + $849.00
AUDI CARE $849.00
Less Manufacturer Incentive - $1,000.00
Trade Value - $.00
Trade Difference = $45,342.00
Taxable Amount $45,342.00
Taxes + $1,407.93
Administrative Fee + $589.00
DMV Fees + $89.00
Electronic Filing Fee + $12.00
Payoff on Trade(s) + $.00
Total Amount Due = $47,439.93

Money Factor is at .00030 (in NC state). Tax rate is at 3%.
Lease for 36m/12K is at 500/month with 3000 due at signing.

Edmunds TMV is listed as $46,945, and Invoice price shows $46,196.

Please let me know if this is a good deal? Thanks.

That looks pretty good

crossfit402

Can you pleas provide MF and residual for 2016 Q5 2.0 Prem Plus in Northern Ca. 36/10. Thanks

Michaell

crossfit402 said:

Can you pleas provide MF and residual for 2016 Q5 2.0 Prem Plus in Northern Ca. 36/10. Thanks

.00030 and 56%

caymanty

I leased a Q5 2.0T last week from a high volume SoCA dealer, 36/10 term. Here are the numbers.

MSRP: $44,025
Selling Price: $36,970 (Includes $1750 rebate)
Cap Reduction: $89
Adjusted Capitalized Cost: $36,881
MF: 0.0003
Residual: $25,975 (59%)
Monthly Payment: $351 (incl 9% tax)

I paid the lease acquisition fee ($795), tax & licenses, cap reduction ($89) and first month payment upfront for a total of $1,950.

What is interesting is the dealer was not eager to sell Audicare. They showed me the numbers in passing ($37 month) and since they did not residualize, I declined. They gladly wrapped up the paperwork and I was out of there in less than 10 minutes (that includes redoing my paperwork because they had the wrong address). This is a high volume So CA dealer so I was very surprised that they do not residualize Audicare.

Thank you to all the members who share information. I have leased four cars in the last four years based entirely on the information posted here. I could not have done it without this forum.

Michaell

caymanty said:

I leased a Q5 2.0T last week from a high volume SoCA dealer, 36/10 term. Here are the numbers.

MSRP: $44,025
Selling Price: $36,970 (Includes $1750 rebate)
Cap Reduction: $89
Adjusted Capitalized Cost: $36,881
MF: 0.0003
Residual: $25,975 (59%)
Monthly Payment: $351 (incl 9% tax)

I paid the lease acquisition fee ($795), tax & licenses, cap reduction ($89) and first month payment upfront for a total of $1,950.

What is interesting is the dealer was not eager to sell Audicare. They showed me the numbers in passing ($37 month) and since they did not residualize, I declined. They gladly wrapped up the paperwork and I was out of there in less than 10 minutes (that includes redoing my paperwork because they had the wrong address). This is a high volume So CA dealer so I was very surprised that they do not residualize Audicare.

Thank you to all the members who share information. I have leased four cars in the last four years based entirely on the information posted here. I could not have done it without this forum.

Congrats, and enjoy the new Audi!

Appreciate you sharing your numbers with us.

Not heard of a dealer not residualizing AudiCare. Didn't realize it was an option.

moemoe7

Hi Michaell, I would really appreciate your take on the following deal in NY:

2016 Ibis White Q5
MSRP: $49,560
Selling Prics: $43,588.13
Total Customer Cash: $2,000
Rebate Amount: $1,750
Residual: 54% (Includes 1% for Audicare)
Lease Factor: .00030
Total Tax Window: $1,671.26
Car Care/Audi Care: $849
Adjusted Cap Cost: $44,207.45
Total Monthly Payment: $505.87
Total Annual Fees: $336
Doc/upF Fees: $1,085
Amount Due At Start: $2,077.81
Total Working Cash: $2,000

15k per year for 36 months
$2,000 Down
$505.87 per month

Thank so much. You guys are the best.

Michaell

moemoe7 said:

Hi Michaell, I would really appreciate your take on the following deal in NY:

2016 Ibis White Q5
MSRP: $49,560
Selling Prics: $43,588.13
Total Customer Cash: $2,000
Rebate Amount: $1,750
Residual: 54% (Includes 1% for Audicare)
Lease Factor: .00030
Total Tax Window: $1,671.26
Car Care/Audi Care: $849
Adjusted Cap Cost: $44,207.45
Total Monthly Payment: $505.87
Total Annual Fees: $336
Doc/upF Fees: $1,085
Amount Due At Start: $2,077.81
Total Working Cash: $2,000

15k per year for 36 months
$2,000 Down
$505.87 per month

Thank so much. You guys are the best.

The math is correct. Only way to improve on the deal is to negotiate a better selling price, or use 5 MSDs to buy down the MF to .00005.

moemoe7

Thank you! I'll try to negotiate on the selling price.

silverclky

Hi! Can you help with MF/Residual for a 2016 SQ5 Prestige with 36 months / 7500 miles. Also a 3.0 Q5 Prestige with 36 M and 7500 miles? Thank you!