2016 Audi Q5 Lease Questions

bjhunnicutt

In VT considering a 2016 Audi Q5 3.0T Premium Plus lease, 12 or 15k/mo, prob 36 mos. MSRP $52,180. They have one on the lot. What would a good deal look like on this right now? I might end up buying at the end - not sure. Thanks!

kyfdx

bjhunnicutt said:

In VT considering a 2016 Audi Q5 3.0T Premium Plus lease, 12 or 15k/mo, prob 36 mos. MSRP $52,180. They have one on the lot. What would a good deal look like on this right now? I might end up buying at the end - not sure. Thanks!

.00143 MF and 57%/55% residual.
$1000 Summer of Audi bonus

Usually, 6% off MSRP minus the incentive, is a good price for Audi.

gscottyg

Can someone assess these two deals:
1)2016 Q5 3.0 12k/36 mon
MSRP: 52,480
Total Cash/Rebate/Equity $3750.00 (getting 1750 from audi summer(1k + 750 loyalty)
Inception Fees: 4371.85
Cash deficiency: 621.65 don't know what that is
Residual: 55% $28,864
Adjusted residual: $30,438.40
Dealer Cost: 49,331.00
Selling Price: 47,385.44
Price adjustment: 621.65
Adjusted selling price: 48,007.29
Audicare: 849
Total Cap Cost: $48856.29
Sales tax (NY) 8.875%
MF .00143
Monthly payment $625.00 (w/ ny sales tax included in monthly payment)
$2000.00 due at signing (1st month/doc fee/dmv etc)

2)2016 Q5 3.0 12k/36 mon
MSRP: 52,635.00
1st month: 601.31
acq fee: 795
fees and insurance: 868.00
upfront taxes: 231.08
Total inception fees: 2495.39
rebate as cap reduction: 1750.00
Total drive off: 4245.39
Remaining due on delivery: 2495.39
MF: .00143
Residual 55%
Total selling price: 47650.00
customer rebate: 1750.00
Cap cost: 45,900.00
Cap taxes: 1751.51
Total cap cost: 47651.51
Doc fee: 299.00
Reg: 300.00
window etch insurance: 269.00
So monthly 601.31 with ny sales tax included and 2500.00 at signing

kyfdx

@gscottyg

Deal 1) You have $3750 cash available (your $2000 + their $1750. Inception fees are $4371.85. Since the $3750 isn't enough to cover it, the balance is the $621.65, and that's rolled into the CAP cost.

The calculations are good... What you need to know is what's included in the $4371.85. That's a big number, with room to hide a lot of extras. Sales tax, $795 acquisition fee, DMV fees? You need a breakdown of that number.

The second deal is similar, just with a lot of the fee numbers broken out.

gscottyg

Deal 1: So ask if they can get the cap cost down by lowering the total inception fees by the diff of 621.65? If i am paying 2000 down which I assume covers DMV,bank fee, acq, 1st month then they must be charging additional fees via inception which is extra.

kyfdx

gscottyg said:

Deal 1: So ask if they can get the cap cost down by lowering the total inception fees by the diff of 621.65? If i am paying 2000 down which I assume covers DMV,bank fee, acq, 1st month then they must be charging additional fees via inception which is extra.

Your $2000 doesn't really pay for anything directly. The total amount due at signing is $4371.85, and you have $3750 to give them ($2000 cash + $1750 rebate). The overage has to be added to the lease.
You want to know what that $4371.85 consists of, so you know if there is something you can negotiate. There really isn't anything called "inception" fees. DMV, acquisition fee (this is the bank fee..they are the same thing), 1st payment, plus no telling what else. In your second deal, you can see they have a $299 doc fee and $269 window etching. They might as well say, "Give us $568 extra for nothing".

leasecruncher

Looking at a 16 Q5 premium plus 12K lease, could you please provide MF and Residual.
Thanks

leasecruncher

FYI looking for those numbers on a 2.0, thanks

Michaell

leasecruncher said:

Looking at a 16 Q5 premium plus 12K lease, could you please provide MF and Residual.
Thanks

leasecruncher said:

FYI looking for those numbers on a 2.0, thanks

.00030 and 55%. $1000 bonus cash.

bern214

I am looking for the current MF and Residual for the following in MA:

2016 2.0 Premium 36 months/12K and 15K
2016 2.0 Premium Plus 36 months/12K and 15K.

Does Audi Care still add 1%?
Is there any loyalty credit?
Are there any special offers? 

Thank you

kyfdx

bern214 said:

I am looking for the current MF and Residual for the following in MA:

2016 2.0 Premium 36 months/12K and 15K
2016 2.0 Premium Plus 36 months/12K and 15K.

Does Audi Care still add 1%?
Is there any loyalty credit?
Are there any special offers? 

Thank you

15K/yr. Add 2% for 12K/yr

.00030 MF and 56%/53% residual for Premium/Premium+
AudiCare adds 1%
$1000 bonus cash
$750 loyalty

ejp_boston

Confirming September MF and Residual for 2016 Q5 3.0 Premium Plus in MA:
MF: .00143
Residual: 57%
Thanks

Michaell

ejp_boston said:

Confirming September MF and Residual for 2016 Q5 3.0 Premium Plus in MA:
MF: .00143
Residual: 57%
Thanks

Correct for 36/12

ejp_boston

Current offer: pricing looks OK, but room to move on the MF. $0 down, 36/12.
MSRP: $51,835
Selling price: $46,100
Doc fee: $389
License/reg: $167.50
Acq fee: $795
Gross cap cost: $47,451.40
Rebate: $1,000
Net cap cost: $47,119.21
MF: .00183
Residual: 57%
Monthly: $667.71

My math takes off ~$30 /month if I use .00143 as the MF variable vs .00183.

Michaell

ejp_boston said:

Current offer: pricing looks OK, but room to move on the MF. $0 down, 36/12.
MSRP: $51,835
Selling price: $46,100
Doc fee: $389
License/reg: $167.50
Acq fee: $795
Gross cap cost: $47,451.40
Rebate: $1,000
Net cap cost: $47,119.21
MF: .00183
Residual: 57%
Monthly: $667.71

My math takes off ~$30 /month if I use .00143 as the MF variable vs .00183.

Correct on both.

Sungjee

Could anyone please give an adivce on how to approach leasing on pre-owned cars?
I'm looking towards leasing 2015 Q5. How do we get MF / Residual Value?

kyfdx

Sungjee said:

Could anyone please give an adivce on how to approach leasing on pre-owned cars?
I'm looking towards leasing 2015 Q5. How do we get MF / Residual Value?

Banks usually have dollar based residuals on used cars.
Given all the possible combinations of years/mileage, we don't have that information.

In most cases, it's not any cheaper than leasing a new one.

krwoibnvts

MF, residual, documentation fee, acquisition fee, and possible credits for Q5 2.0 TFSI... at 24mo/36mo//7.5k/10k?

Does Audi have MSDs? If so, how many can you buy and what is the MF decrease per security deposit?

Michaell

krwoibnvts said:

MF, residual, documentation fee, acquisition fee, and possible credits for Q5 2.0 TFSI... at 24mo/36mo//7.5k/10k?

Does Audi have MSDs? If so, how many can you buy and what is the MF decrease per security deposit?

What trim level?

Audi allows 9 MSDs, each of which lower the MF by .00005

krwoibnvts

Michaell said:

krwoibnvts said:

MF, residual, documentation fee, acquisition fee, and possible credits for Q5 2.0 TFSI... at 24mo/36mo//7.5k/10k?

Does Audi have MSDs? If so, how many can you buy and what is the MF decrease per security deposit?

What trim level?

Audi allows 9 MSDs, each of which lower the MF by .00005

Premium 2.0 TFSI 8-speed tiptronic

kyfdx

krwoibnvts said:

Michaell said:

krwoibnvts said:

MF, residual, documentation fee, acquisition fee, and possible credits for Q5 2.0 TFSI... at 24mo/36mo//7.5k/10k?

Does Audi have MSDs? If so, how many can you buy and what is the MF decrease per security deposit?

What trim level?

Audi allows 9 MSDs, each of which lower the MF by .00005

Premium 2.0 TFSI 8-speed tiptronic

.00030 MF and 66%/59% for 10K/yr.
Add 1% for 7.5K/yr.
$1000 bonus cash
$750 loyalty/conquest cash

ankurg

Hi, I am in market looking for a 2016 Q5 premium plus to lease. I was offered a "LOANER" model from a dealer in NJ. the initial price offered on this is good but still has some room to go down. the car has about 7500 miles on it which doesn't bother me since the car is fully loaded and I am going to lease it for 36 months only anyways.

I was wondering if it is fair to expect the same MF and Residual on these kind of "LOANER DEMO" vehicles as the new car?

Also - does the same warranty, Audi care package etc. apply while leasing these vehicles?

The price is too tempting to resist but want to make sure I am not going down the wrong path.
please advice
AG

Michaell

ankurg said:

Hi, I am in market looking for a 2016 Q5 premium plus to lease. I was offered a "LOANER" model from a dealer in NJ. the initial price offered on this is good but still has some room to go down. the car has about 7500 miles on it which doesn't bother me since the car is fully loaded and I am going to lease it for 36 months only anyways.

I was wondering if it is fair to expect the same MF and Residual on these kind of "LOANER DEMO" vehicles as the new car?

Also - does the same warranty, Audi care package etc. apply while leasing these vehicles?

The price is too tempting to resist but want to make sure I am not going down the wrong path.
please advice
AG

If the car hasn't been titled, it qualifies for new car lease terms. Be advised that the residual is deducted for the miles, so that offsets the great price somewhat.

Warranty and AudiCare are the same.

l_p_v_99

Hi!
Could I get the MF and Residual for 36/12 for 2016 2.0T Premium Plus? Live in Washington, DC. Dealer in VA or MD.
Thanks!

Michaell

l_p_v_99 said:

Hi!
Could I get the MF and Residual for 36/12 for 2016 2.0T Premium Plus? Live in Washington, DC. Dealer in VA or MD.
Thanks!

.00030 and 55%

cyno

36/12 for 2016 3.0 Premium Plus

Michaell

cyno said:

36/12 for 2016 3.0 Premium Plus

.00143 and 57%

complimentary first payment

ankurg

What's the current MF and RV for 2016 Q5 Premium Plus 2.0T 36 months / 12,000 miles per year in NY/NJ/PA area? also how many max MSD does Audi takes? what's the MF for one-pay lease please? Thanks!

Michaell

ankurg said:

What's the current MF and RV for 2016 Q5 Premium Plus 2.0T 36 months / 12,000 miles per year in NY/NJ/PA area? also how many max MSD does Audi takes? what's the MF for one-pay lease please? Thanks!

.00030 and 55%

$500 bonus and complimentary first payment

One pay MF would be .00005

9 MSD @ .00005 deduct each is max allowed - however, you can only use 5 MSD to reduce the MF to .00005

casper08

Hi,
Could you help me, I am looking to lease Audi Q5 2.0 Premium Plus Quattro with Season of Audi 20" + Tech Package
Mythos Black Color
10,000/36months
MSRP - 49325
Payment coming up 635 (Including Tax, Wear and Tear package, Audi Care, Tires)
I asked the dealer, but he wouldn't give me the break down. Has any one leased a similar package? could i get the ball park numbers.
Would Trade in my audi a4 (7 payments still left as lease ends on 4th july, the dealership said they would cover the 7 payments, by sending us a check and we should give that check to audi financial services)
Reading the previous post, I feel 635 is high.
Thank you in advance for your time and help.

casper08

sorry its 2017 audi q5.. will repost it in the correct thread

bill_luv2fly

What would be the MF and residual for a 2016 Q5 2.0T Premium Plus for 36/10? This would be for a lease in the northern CA area (if it would matter). Happy holidays, and thanks in advance!

Michaell

bill_luv2fly said:

What would be the MF and residual for a 2016 Q5 2.0T Premium Plus for 36/10? This would be for a lease in the northern CA area (if it would matter). Happy holidays, and thanks in advance!

.00030 and 56%. $500 bonus cash and complimentary first payment.

[Deleted User]

Hi Mods, thanks in advance for your insight.

Looking for MF and RV figures on a 2016 Q5 3.0T Prem+ on 36mo/10k schedule in Southern CA area, with Technology Package, Sport Interior Pkg, and 20" 5-arm design wheels.

Dealer has proposed RV @ 57% on their printout. MF is not shown.

"Market Value" (didn't see the sticker but this seems higher than MSRP) $54k
Selling Price $47k

8% sales tax @ $3648.70
Doc fee @ $80.00
"Fees" @ $441.75
No rebates or incentives included

Dealer proposes $2,000 cash down to hit lease payment of $705.99/mo

Based on other scenarios outlined in this thread (as well as the 2017 Q5 lease thread) the monthly payment seems quite high, but maybe I'm missing something?

Thanks again

kyfdx

andrewmc said:

Hi Mods, thanks in advance for your insight.

Looking for MF and RV figures on a 2016 Q5 3.0T Prem+ on 36mo/10k schedule in Southern CA area, with Technology Package, Sport Interior Pkg, and 20" 5-arm design wheels.

Dealer has proposed RV @ 57% on their printout. MF is not shown.

"Market Value" (didn't see the sticker but this seems higher than MSRP) $54k
Selling Price $47k

8% sales tax @ $3648.70
Doc fee @ $80.00
"Fees" @ $441.75
No rebates or incentives included

Dealer proposes $2,000 cash down to hit lease payment of $705.99/mo

Based on other scenarios outlined in this thread (as well as the 2017 Q5 lease thread) the monthly payment seems quite high, but maybe I'm missing something?

Thanks again

.00211 MF and 57% residual
$2000 marketing allowance
$750 loyalty/conquest

Disregard the sales tax number, as CA taxes the monthly payment.

If we assume the $2000 covers the first payment, fees + $795 acquisition fee (which seems about right), then the selling price would be the same as the adjusted CAP cost ($47K). Using $54K as the MSRP, we get $615/mo.+tax. or $664/mo.

Your MSRP and selling price numbers look to be rounded off. Get the actual numbers and we can see where we are.

[Deleted User]

Thanks @kyfdx !

It looks like this dealer was actually proposing the $2k as a down payment, so safe to say the +$700 monthly payment figure quoted was quite high.

We're moving to a different dealer on a similar spec 2017, will post quotes in appropriate thread for feedback.

Thanks again, cheers