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2016 Audi Q5 Lease Questions

1678911

Comments

  • MichaellMichaell Moderator Posts: 258,896

    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!

    SQ5 Prestige - .00120 and 57%
    Q5 3.0T Prestige - .00143 and 55%

    These numbers expire today.

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  • esunt14esunt14 Member Posts: 14
    Hello! I'm in New Jersey and interested in leasing a 2016 Q5 2.0T Premium Plus with Tech Package. What is the MF and Residual? Is it the same for a 2017 model?

    Thank you!
  • MichaellMichaell Moderator Posts: 258,896
    esunt14 said:

    Hello! I'm in New Jersey and interested in leasing a 2016 Q5 2.0T Premium Plus with Tech Package. What is the MF and Residual? Is it the same for a 2017 model?

    Thank you!

    2016 - .00030 and 53% for 36/15.

    2017 Q5 discussion is here:

    http://forums.edmunds.com/discussion/42275/audi/q5/2017-audi-q5-lease-questions/p1?new=1

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  • manakatsmanakats Member Posts: 17
    Hello Michaell, Can you please let me know the lease values for 2016 Q5 2.0T Premium 24/10k and 36/10k. Zipcode is 21090, MD. Is there a lease bonus this month ? Can I add 1% to the residual with Audicare for this particular model ?

    Thank You..
  • MichaellMichaell Moderator Posts: 258,896
    manakats said:

    Hello Michaell, Can you please let me know the lease values for 2016 Q5 2.0T Premium 24/10k and 36/10k. Zipcode is 21090, MD. Is there a lease bonus this month ? Can I add 1% to the residual with Audicare for this particular model ?

    Thank You..

    .00030 and 66% / 59%

    $1000 summer of Audi incentive, and $750 loyalty or conquest

    Yes, add 1% for AudiCare

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  • pcullen1pcullen1 Member Posts: 41
    Could I please get the MF and residual on a Q5 3.0 premium plus, 36/42 months, 10k/12k.

    thank you,
  • MichaellMichaell Moderator Posts: 258,896
    pcullen1 said:

    Could I please get the MF and residual on a Q5 3.0 premium plus, 36/42 months, 10k/12k.

    thank you,

    36/12 - .00143 and 57%
    42/12 - .00164 and 53%

    Add 1% for 10K

    $1000 summer of Audi incentive; $750 loyalty or conquest incentive.

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  • rarekatrarekat Member Posts: 26
    kyfdx said:

    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
    Guys,
    I finally picked my new Q5.
    Really appreciate all your feedback and inputs. I definitely wouldn't have been able to get this deal without all your help, moderators.
    BTW, if anyone is shopping for an Audi in NC, ping me. I can point you to a very good dealer here in NC.

    Thanks again all the moderators. You guys ROCK!

  • MichaellMichaell Moderator Posts: 258,896
    rarekat said:

    kyfdx said:

    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
    Guys,
    I finally picked my new Q5.
    Really appreciate all your feedback and inputs. I definitely wouldn't have been able to get this deal without all your help, moderators.
    BTW, if anyone is shopping for an Audi in NC, ping me. I can point you to a very good dealer here in NC.

    Thanks again all the moderators. You guys ROCK!

    Feel free to share the dealer and salesman name .. just no contact information, please.

    And, write up a dealer review - there is a link in my signature.

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  • jschmo1jschmo1 Member Posts: 7
    My brother and I just leased Q5's. We are paying $501 / month with 0 out of pocket at signing. 12k/ year miles for 36 months. Audi care is included. MSRP was around 51-52k on the Premium Plus 2.0T. I believe our price was around 43k all said and done. Options include MMI, Interior Sport Pkg, and 19" wheels. Thank you for the MF and Residual numbers to base the deal off of!!
  • MichaellMichaell Moderator Posts: 258,896
    jschmo1 said:

    My brother and I just leased Q5's. We are paying $501 / month with 0 out of pocket at signing. 12k/ year miles for 36 months. Audi care is included. MSRP was around 51-52k on the Premium Plus 2.0T. I believe our price was around 43k all said and done. Options include MMI, Interior Sport Pkg, and 19" wheels. Thank you for the MF and Residual numbers to base the deal off of!!

    Congrats to you and your brother. Enjoy the new Audis!

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  • kyfdxkyfdx Moderator Posts: 260,722
    jschmo1 said:

    My brother and I just leased Q5's. We are paying $501 / month with 0 out of pocket at signing. 12k/ year miles for 36 months. Audi care is included. MSRP was around 51-52k on the Premium Plus 2.0T. I believe our price was around 43k all said and done. Options include MMI, Interior Sport Pkg, and 19" wheels. Thank you for the MF and Residual numbers to base the deal off of!!

    Sounds like a great deal for a Q5. Congrats!

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  • rarekatrarekat Member Posts: 26
    Michaell said:

    rarekat said:

    kyfdx said:

    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
    Guys,
    I finally picked my new Q5.
    Really appreciate all your feedback and inputs. I definitely wouldn't have been able to get this deal without all your help, moderators.
    BTW, if anyone is shopping for an Audi in NC, ping me. I can point you to a very good dealer here in NC.

    Thanks again all the moderators. You guys ROCK!

    Feel free to share the dealer and salesman name .. just no contact information, please.

    And, write up a dealer review - there is a link in my signature.
    Here's the info (Feel free to contact the sales manager directly):
    Dealer: Flow Audi - Winston Salem
    Sales Manager: Jason Keranen

    Thanks.
  • straightdopestraightdope Member Posts: 62
    2016 Audi Q5 Premium Plus, Northern Calif.
    I culled these numbers from the above comments, but need the RV for 7500 miles.
    (I assume the August MF .00030 is the same for all mileages)
    56% =36/10k miles
    55%=36/12k
    53% =36/15k

    7500 miles???

    Thanks guys.
  • steevosteevo Member Posts: 389
    I see above somewhere the 36m MF for a Premium is .00030. WHat is the 12k and 15k residual? Thanks.
    Is 24 months better right now?
  • MichaellMichaell Moderator Posts: 258,896

    2016 Audi Q5 Premium Plus, Northern Calif.
    I culled these numbers from the above comments, but need the RV for 7500 miles.
    (I assume the August MF .00030 is the same for all mileages)
    56% =36/10k miles
    55%=36/12k
    53% =36/15k

    7500 miles???

    Thanks guys.

    57% for 7500 miles

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  • MichaellMichaell Moderator Posts: 258,896
    steevo said:

    I see above somewhere the 36m MF for a Premium is .00030. WHat is the 12k and 15k residual? Thanks.
    Is 24 months better right now?

    58% / 56%

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  • writetokarwritetokar Member Posts: 3
    We are first time leasers and need your help to decide on the deal.
    Audi Q5 2.0T premium plus package with no navigation (Is premium plus package without navigation worth it?)
    MSRP - $46139
    Adjusted CAP COST - $39482.72
    Residual - $25376.40 (55% for 12k miles for premium plus)
    Monthly payment - $448.32 (base $411.30 + tax 37.02)
  • writetokarwritetokar Member Posts: 3
    Audi care is included and money down is $1850 that includes first month payment + acquisition fee + tax + Document fees
  • MichaellMichaell Moderator Posts: 258,896

    We are first time leasers and need your help to decide on the deal.
    Audi Q5 2.0T premium plus package with no navigation (Is premium plus package without navigation worth it?)
    MSRP - $46139
    Adjusted CAP COST - $39482.72
    Residual - $25376.40 (55% for 12k miles for premium plus)
    Monthly payment - $448.32 (base $411.30 + tax 37.02)

    Audi care is included and money down is $1850 that includes first month payment + acquisition fee + tax + Document fees

    I get the same pre-tax payment.

    Can't help you with what trim or options to get .. I've never shopped in that price range.

    And, AudiCare bumps the 36/12 residual to 56%, and the pre-tax payment drops to $399/mo.

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  • writetokarwritetokar Member Posts: 3
    Thank you Michaell. Need your or others opinion on this quote

    Audi Q5 2.0T premium package 36k months 12k miles/year

    MSRP - $43970
    Adjusted CAP COST - $38684.66
    Residual - $25942.30 (59% for 12k miles for premium with audi care)
    Monthly payment - $406.94 (base $373.34 + tax 33.60)
    Down Payment - $1850 (includes first month payment + other fees)
  • MichaellMichaell Moderator Posts: 258,896

    Thank you Michaell. Need your or others opinion on this quote

    Audi Q5 2.0T premium package 36k months 12k miles/year

    MSRP - $43970
    Adjusted CAP COST - $38684.66
    Residual - $25942.30 (59% for 12k miles for premium with audi care)
    Monthly payment - $406.94 (base $373.34 + tax 33.60)
    Down Payment - $1850 (includes first month payment + other fees)

    I get the same pre-tax payment.

    Looks like a solid deal.

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  • norcal_buyer1norcal_buyer1 Member Posts: 4
    What's the money factor for 2016 Q5 3.0 Premium Plus 36/10? Thanks in advance!
  • MichaellMichaell Moderator Posts: 258,896

    What's the money factor for 2016 Q5 3.0 Premium Plus 36/10? Thanks in advance!

    .00143 and 58%

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

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  • norcal_buyer1norcal_buyer1 Member Posts: 4
    Michaell said:

    What's the money factor for 2016 Q5 3.0 Premium Plus 36/10? Thanks in advance!

    .00143 and 58%

    $1000 Summer of Audi, and either $750 conquest or loyalty cash.
    Thanks for the prompt response! My dealer is quoting me 0.00220. Is he crazy?!
  • MichaellMichaell Moderator Posts: 258,896

    Michaell said:

    What's the money factor for 2016 Q5 3.0 Premium Plus 36/10? Thanks in advance!

    .00143 and 58%

    $1000 Summer of Audi, and either $750 conquest or loyalty cash.
    Thanks for the prompt response! My dealer is quoting me 0.00220. Is he crazy?!
    Crazy? No

    Greedy? You be the judge...

    Reach out to other dealers ... only takes one to make a deal on your terms.

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  • norcal_buyer1norcal_buyer1 Member Posts: 4
    i was surprised how firm he was on the mf. he went from 0.00240 to 0.00220. i even threaten to go financing at the promotional apr of 2.9%. he would not budge.
  • MichaellMichaell Moderator Posts: 258,896

    i was surprised how firm he was on the mf. he went from 0.00240 to 0.00220. i even threaten to go financing at the promotional apr of 2.9%. he would not budge.

    Is there something special about the car you want? I know 2016 inventory is getting thin; perhaps he can hold fast on the MF knowing that somebody will take it.

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  • norcal_buyer1norcal_buyer1 Member Posts: 4
    I don't think so. It's one of the few whites left in norcal, but that shouldn't be it.

    I did negotiate the price from MSRP $53K to $45K. That could be the reason, that he wants to make up the difference?

    Should I go with financing at 2.9% given this scenario?

    Thanks so much for all your input!
  • MichaellMichaell Moderator Posts: 258,896

    I don't think so. It's one of the few whites left in norcal, but that shouldn't be it.

    I did negotiate the price from MSRP $53K to $45K. That could be the reason, that he wants to make up the difference?

    Should I go with financing at 2.9% given this scenario?

    Thanks so much for all your input!

    Yeah, that's a huge discount from sticker. Can't say I'm surprised they are holding firm on the MF. Usually you get one or the other (big discount or base MF) but rarely both.

    How long do you plan to keep the car?

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  • cheez19cheez19 Member Posts: 2
    Hi, I'm looking to lease a 2016 Audi Q5 with Premium Plus with Tech for 36 months with either 10K or 12K miles per year. What is the current MF and % Residual for Texas? Thank you!
  • cheez19cheez19 Member Posts: 2
    It's a 2.0T
  • MichaellMichaell Moderator Posts: 258,896
    cheez19 said:

    Hi, I'm looking to lease a 2016 Audi Q5 with Premium Plus with Tech for 36 months with either 10K or 12K miles per year. What is the current MF and % Residual for Texas? Thank you!

    cheez19 said:

    It's a 2.0T

    .00030 and 59% / 58%.

    $1000 summer of Audi cash, and either $750 loyalty or conquest incentive.

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  • mack2897mack2897 Member Posts: 11
    why would you buy 3 year audi care when the third year of service is at the time you are supposed to return the car? if it reduces your residual by 1% which reduces your cost of depreciation?
  • MichaellMichaell Moderator Posts: 258,896
    mack2897 said:

    why would you buy 3 year audi care when the third year of service is at the time you are supposed to return the car? if it reduces your residual by 1% which reduces your cost of depreciation?

    The residual is increased by 1%, which offsets the cost of the AudiCare.

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  • pinksnyperpinksnyper Member Posts: 75
    edited August 2016
    @Michaell is this a bogus deal? I know they're marking up the MF but heavily discounting the car. He said they need to stay in business and that whole sob story. 15k/36months

    Msrp 50,890.
    Price sold to me would be 45,498.60. - 1750 for the summer of audi event and loyalty.
    Doc fee is 135
    Asq Fee is 795
    Money factor .00060 (this is being marked up, I know)
    res value .53
    NJ sales tax paid up front included in the $2,500 down payment mentioned below.

    Payments would be 558.52 a month with 2500 down payment which includes all start ups and first months payment.

    Thoughts?
  • MichaellMichaell Moderator Posts: 258,896

    @Michaell is this a bogus deal? I know they're marking up the MF but heavily discounting the car. He said they need to stay in business and that whole sob story. 15k/36months

    Msrp 50,890.
    Price sold to me would be 45,498.60. - 1750 for the summer of audi event and loyalty.
    Doc fee is 135
    Asq Fee is 795
    Money factor .00060 (this is being marked up, I know)
    res value .53
    NJ sales tax paid up front included in the $2,500 down payment mentioned below.

    Payments would be 558.52 a month with 2500 down payment which includes all start ups and first months payment.

    Thoughts?

    My calculations are less than $1 difference from the dealer offer.

    $536/mo with the base MF of .00030 ... or, put another way, about $800 ... if you can get the base MF and have the dealer only increase the sale price say, $300-500, you'd be ahead.

    Yes, dealers often provide a big discount from sticker but mark up the MF. Try multiple dealers - only takes one to give you both a big discount and the base MF.

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  • nicknaknicknak Member Posts: 4
    I am looking to lease a 2016 Audi Q5 3.0T Premium Plus with Tech Package - 10K/36Month.

    I got the dealership here in Austin, TX to come down off the MSRP of $51,990 to $46,390 after Discount and Manufacture rebates. However, I am still uncertain about what I can reasonably expect on MF and % Residual.

    On a comment from a few days ago I saw the MF and Residual in Texas are:
    .00030 and 59% (60% with AudiCare)

    Would LEWP (Lease Excessive Wear Protection) add another 1% to the RV?

    I want to make sure I have all of my facts straight before I go in to negotiate the final numbers of the lease agreement.

    I would really appreciate your guidance on this.
  • MichaellMichaell Moderator Posts: 258,896
    nicknak said:

    I am looking to lease a 2016 Audi Q5 3.0T Premium Plus with Tech Package - 10K/36Month.

    I got the dealership here in Austin, TX to come down off the MSRP of $51,990 to $46,390 after Discount and Manufacture rebates. However, I am still uncertain about what I can reasonably expect on MF and % Residual.

    On a comment from a few days ago I saw the MF and Residual in Texas are:
    .00030 and 59% (60% with AudiCare)

    Would LEWP (Lease Excessive Wear Protection) add another 1% to the RV?

    I want to make sure I have all of my facts straight before I go in to negotiate the final numbers of the lease agreement.

    I would really appreciate your guidance on this.

    Those numbers are valid for the 2.0T; for the 3.0T, the 36/10 numbers are .00143 and 58% (59% with AudiCare).

    Be advised that in TX, sales tax is applied to the entire selling price of the vehicle.

    LEWP would not affect the residual.

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  • kyfdxkyfdx Moderator Posts: 260,722
    @nicknak On VW this month, purchasing LEWP qualifies you for sales tax credits (in TX).
    You might check to see if that is the case with Audi, as well.

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  • nicknaknicknak Member Posts: 4
    Michaell said:

    nicknak said:

    I am looking to lease a 2016 Audi Q5 3.0T Premium Plus with Tech Package - 10K/36Month.

    I got the dealership here in Austin, TX to come down off the MSRP of $51,990 to $46,390 after Discount and Manufacture rebates. However, I am still uncertain about what I can reasonably expect on MF and % Residual.

    On a comment from a few days ago I saw the MF and Residual in Texas are:
    .00030 and 59% (60% with AudiCare)

    Would LEWP (Lease Excessive Wear Protection) add another 1% to the RV?

    I want to make sure I have all of my facts straight before I go in to negotiate the final numbers of the lease agreement.

    I would really appreciate your guidance on this.

    Those numbers are valid for the 2.0T; for the 3.0T, the 36/10 numbers are .00143 and 58% (59% with AudiCare).

    Be advised that in TX, sales tax is applied to the entire selling price of the vehicle.

    LEWP would not affect the residual.
    Michael - Thanks for getting back to me. Do you think the MF is likely to go down over the next month as Audi attempts to clear out the remaining 2016 Inventory? I don't fully understand why it is so different form the 2.0T to the 3.0T.
  • MichaellMichaell Moderator Posts: 258,896
    nicknak said:

    Michaell said:

    nicknak said:

    I am looking to lease a 2016 Audi Q5 3.0T Premium Plus with Tech Package - 10K/36Month.

    I got the dealership here in Austin, TX to come down off the MSRP of $51,990 to $46,390 after Discount and Manufacture rebates. However, I am still uncertain about what I can reasonably expect on MF and % Residual.

    On a comment from a few days ago I saw the MF and Residual in Texas are:
    .00030 and 59% (60% with AudiCare)

    Would LEWP (Lease Excessive Wear Protection) add another 1% to the RV?

    I want to make sure I have all of my facts straight before I go in to negotiate the final numbers of the lease agreement.

    I would really appreciate your guidance on this.

    Those numbers are valid for the 2.0T; for the 3.0T, the 36/10 numbers are .00143 and 58% (59% with AudiCare).

    Be advised that in TX, sales tax is applied to the entire selling price of the vehicle.

    LEWP would not affect the residual.
    Michael - Thanks for getting back to me. Do you think the MF is likely to go down over the next month as Audi attempts to clear out the remaining 2016 Inventory? I don't fully understand why it is so different form the 2.0T to the 3.0T.
    No predictions on what may happen next month.

    3.0T is a higher trim level, thus commanding a higher MF and lower residuals than the 2.0T

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  • nicknaknicknak Member Posts: 4
    kyfdx said:

    @nicknak On VW this month, purchasing LEWP qualifies you for sales tax credits (in TX).
    You might check to see if that is the case with Audi, as well.

    It is the case with Audi, as well. The dealer indicated, that by purchasing LEWP for $807 we were getting approximately $2,000 in sales tax credits. However, I don't really understand how it applies to the sales tax unless the manufacture is simply offering it as discount of the MSPR.

    Could you please explain how or why LEWP qualifies a lease for Sales Tax Credits (in TX)?
  • nicknaknicknak Member Posts: 4
    Michaell said:

    nicknak said:

    Michaell said:

    nicknak said:

    I am looking to lease a 2016 Audi Q5 3.0T Premium Plus with Tech Package - 10K/36Month.

    I got the dealership here in Austin, TX to come down off the MSRP of $51,990 to $46,390 after Discount and Manufacture rebates. However, I am still uncertain about what I can reasonably expect on MF and % Residual.

    On a comment from a few days ago I saw the MF and Residual in Texas are:
    .00030 and 59% (60% with AudiCare)

    Would LEWP (Lease Excessive Wear Protection) add another 1% to the RV?

    I want to make sure I have all of my facts straight before I go in to negotiate the final numbers of the lease agreement.

    I would really appreciate your guidance on this.

    Those numbers are valid for the 2.0T; for the 3.0T, the 36/10 numbers are .00143 and 58% (59% with AudiCare).

    Be advised that in TX, sales tax is applied to the entire selling price of the vehicle.

    LEWP would not affect the residual.
    Michael - Thanks for getting back to me. Do you think the MF is likely to go down over the next month as Audi attempts to clear out the remaining 2016 Inventory? I don't fully understand why it is so different form the 2.0T to the 3.0T.
    No predictions on what may happen next month.

    3.0T is a higher trim level, thus commanding a higher MF and lower residuals than the 2.0T
    Michaell - Thanks again for the help. Its good to have the facts, even when I don't like them.
  • Vito DiGiorgioVito DiGiorgio Member Posts: 88
    can i have the MF and residual for 36 months 18k per year premium and premium plus.

    thank you
  • MichaellMichaell Moderator Posts: 258,896
    pizan619 said:

    can i have the MF and residual for 36 months 18k per year premium and premium plus.

    thank you

    2.0T?

    .00030 and 56% (Prem) or 53% (Prem Plus) for 36/15.

    Extra miles are charged at .15/mile, or $1350 total, deducted from the 15K residual.

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  • kyfdxkyfdx Moderator Posts: 260,722
    nicknak said:

    kyfdx said:

    @nicknak On VW this month, purchasing LEWP qualifies you for sales tax credits (in TX).
    You might check to see if that is the case with Audi, as well.

    It is the case with Audi, as well. The dealer indicated, that by purchasing LEWP for $807 we were getting approximately $2,000 in sales tax credits. However, I don't really understand how it applies to the sales tax unless the manufacture is simply offering it as discount of the MSPR.

    Could you please explain how or why LEWP qualifies a lease for Sales Tax Credits (in TX)?
    AFS gets sales tax credits, because they are basically trading leases back in at lease end. It's a Texas thing, and all banks get them. I'm not sure of the ins and outs of the credits, but guessing at some point, the bank can't keep the credits or maxes out on them, and has to offer them as incentives to new lessees.

    Audi/VW has chosen to use the LEWP program as a qualifier. A couple of reasons? The LEWP is a profit center for the dealer, which makes them happy. LEWP helps AFS offset the costs of re-selling the cars at lease end. It's a win/win for AFS/dealers, and the customer still saves money on the front end (tax credits) and on the back end (no wear/tear charges at lease end).

    I've not seen it tied together, before, but it seems like a good idea, from a business perspective.

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  • gscottyggscottyg Member Posts: 40
    What is the MF and Residual for Q5 3.0 Premium Plus 36mon/12k and are these numbers good through labor day?
  • gscottyggscottyg Member Posts: 40
    Both 2016 and 2017
  • MichaellMichaell Moderator Posts: 258,896
    edited August 2016
    gscottyg said:

    What is the MF and Residual for Q5 3.0 Premium Plus 36mon/12k and are these numbers good through labor day?

    gscottyg said:

    Both 2016 and 2017

    2016 - .00143 and 57%
    2017 - .00190 and 60%

    Audi numbers expire 9/5

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