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2016 Audi Q5 Lease Questions

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  • bjhunnicuttbjhunnicutt Member Posts: 18
    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!
  • kyfdxkyfdx Moderator Posts: 265,778

    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.

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  • gscottyggscottyg Member Posts: 40
    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
  • kyfdxkyfdx Moderator Posts: 265,778
    @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.

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  • gscottyggscottyg Member Posts: 40
    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.
  • kyfdxkyfdx Moderator Posts: 265,778
    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".

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  • leasecruncherleasecruncher Member Posts: 4
    Looking at a 16 Q5 premium plus 12K lease, could you please provide MF and Residual.
    Thanks
  • leasecruncherleasecruncher Member Posts: 4
    FYI looking for those numbers on a 2.0, thanks
  • MichaellMichaell Moderator Posts: 262,362

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

    FYI looking for those numbers on a 2.0, thanks

    .00030 and 55%. $1000 bonus cash.

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  • bern214bern214 Member Posts: 10
    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
  • kyfdxkyfdx Moderator Posts: 265,778
    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

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  • ejp_bostonejp_boston Member Posts: 2
    Confirming September MF and Residual for 2016 Q5 3.0 Premium Plus in MA:
    MF: .00143
    Residual: 57%
    Thanks
  • MichaellMichaell Moderator Posts: 262,362

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

    Correct for 36/12

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  • ejp_bostonejp_boston Member Posts: 2
    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.
  • MichaellMichaell Moderator Posts: 262,362

    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.

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  • SungjeeSungjee Member Posts: 4
    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?
  • kyfdxkyfdx Moderator Posts: 265,778
    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.

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  • krwoibnvtskrwoibnvts Member Posts: 7
    edited September 2016
    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?
  • MichaellMichaell Moderator Posts: 262,362

    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

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  • krwoibnvtskrwoibnvts Member Posts: 7
    edited September 2016
    Michaell 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
  • kyfdxkyfdx Moderator Posts: 265,778

    Michaell 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

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  • ankurgankurg Member Posts: 53
    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
  • MichaellMichaell Moderator Posts: 262,362
    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.

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  • l_p_v_99l_p_v_99 Member Posts: 4
    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!
  • MichaellMichaell Moderator Posts: 262,362
    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%

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  • cynocyno Member Posts: 29
    36/12 for 2016 3.0 Premium Plus
  • MichaellMichaell Moderator Posts: 262,362
    cyno said:

    36/12 for 2016 3.0 Premium Plus

    .00143 and 57%

    complimentary first payment

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  • ankurgankurg Member Posts: 53
    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!
  • MichaellMichaell Moderator Posts: 262,362
    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

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  • casper08casper08 Member Posts: 13
    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.
  • casper08casper08 Member Posts: 13
    sorry its 2017 audi q5.. will repost it in the correct thread
  • bill_luv2flybill_luv2fly Member Posts: 33
    edited December 2016
    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!
  • MichaellMichaell Moderator Posts: 262,362

    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.

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  • 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
  • kyfdxkyfdx Moderator Posts: 265,778
    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.

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  • 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
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