2016 Audi Q5 Lease Questions

Michaell

lovemkwan said:

Forgot to add: I'm $0 down because I hear thats what I should do


The dealer sent me this message when I said I wanted to $0 down. I don't understand the last paragraph. is he giving me the run-around?

1st payment - $569.46
Sales tax upfront - $78.75
1st year fees - $427.75
Bank fee (Audi FS) - $875.00
Total Initial Pmt - $1,950.96

If you do not want to put any money down when you sign the lease, those monies have to be collected. The Drive Off amount, $1,950.96 is added to the selling price of the car. When the price of the car is adjusted, then the tax, license, registration increase due to the higher selling price. So for the benefit of no money down you will pay $79.02 in additional taxes and fees.
…

He is not. The amounts listed are lease inception fees, which is different than a down payment. As noted, you can do a true 'sign and drive' lease and add those amounts to your cap cost, but your payment will increase accordingly.

lovemkwan

Thanks so much!! Does that mean I should still go the $0, down route or pay up and pay the $79?

Michaell

lovemkwan said:

Thanks so much!! Does that mean I should still go the $0, down route or pay up and pay the $79?

That's up to you .. if you roll in those costs, they are subject to both interest and tax.

woods1234

I am looking for the MF/Residual for the 2016 Q5 2.0T AWD Premium Plus, 36/10K

Michaell

woods1234 said:

I am looking for the MF/Residual for the 2016 Q5 2.0T AWD Premium Plus, 36/10K

.00112 and 57%

barnwah

I'm looking at 3 year/36k miles lease on '16 Q5 3.0T Premium Plus. I live in MA.
MSRP- $52,545
Negotiated Price- $47,290
MF- .0018
Residual - $31,002
$672/month
No money down, other than first month's payment of $672.

Is this a good deal?

thanks

Michaell

barnwah said:

I'm looking at 3 year/36k miles lease on '16 Q5 3.0T Premium Plus. I live in MA.
MSRP- $52,545
Negotiated Price- $47,290
MF- .0018
Residual - $31,002
$672/month
No money down, other than first month's payment of $672.

Is this a good deal?

thanks

.00160 and 58% for 3.0T Prem Plus. MF is marked up for extra profit.

Using the base MF and your prices, I get a payment of $591/mo + tax.

Find out what the net cap cost is - if higher than your negotiated price, determine what's been added.

barnwah

Thanks. Also, is there a rough estimate of how much a payment goes up/down per $1k in price? I've heard anywhere from $10-$20 per month, per thousand.

Michaell

barnwah said:

Thanks. Also, is there a rough estimate of how much a payment goes up/down per $1k in price? I've heard anywhere from $10-$20 per month, per thousand.

For a 36 month lease, every $1000 affects the payment about $28/mo (1000/36).

lovemkwan

Michaell said:

lovemkwan said:

Leasing a 2016 Audi Q5 Premium Plus + Tech Package + 19' Wheels

Location: Northern California, Bay Area

MSRP: $48.835
Selling Price: $42,975
MF: 0.00162
RF: 58%
36/7,500
Acquisition Fee:$875

Can anyone comment on these terms?

MF is marked up the max; base is .00112.

Using that base MF, I calculate a payment of $487/mo + tax. Inflated MF is adding about $35/mo to your pre-tax payment.

Curious- same configuration; but changing miles to 12.5K/36 months.

Whats the MF and RV?

kyfdx

lovemkwan said:

Michaell said:

lovemkwan said:

Leasing a 2016 Audi Q5 Premium Plus + Tech Package + 19' Wheels

Location: Northern California, Bay Area

MSRP: $48.835
Selling Price: $42,975
MF: 0.00162
RF: 58%
36/7,500
Acquisition Fee:$875

Can anyone comment on these terms?

MF is marked up the max; base is .00112.

Using that base MF, I calculate a payment of $487/mo + tax. Inflated MF is adding about $35/mo to your pre-tax payment.

Curious- same configuration; but changing miles to 12.5K/36 months.

Whats the MF and RV?

It's 12K/yr, not 12.5K...

Same numbers, just subtract 2% from the residual

manku

FWIW, I just totaled my 2015 Q5 purchased last May. I'm OK, as is everyone else involved. These cars are rock solid.

Thinking about just replacing...dealer in town has offered me zero drive off/589 including tax and audicare for a p+ sticker 48995. I live in Los Angeles, 9% tax.

Will probably pass...it's a good deal, I didn't even negotiate. But I'm tired of spending so much money on cars...sign of turning 50?

Good luck everyone, and enjoy...it's a great car.

q5chicago

Hello, Is AFS does allow one time payment ? Is it wise to do one time payment? mainly to reduce interest paid (I'll take GAP insurance if that's the case ). Are there any discounts for 1 time payment ?

kyfdx

q5chicago said:

Hello, Is AFS does allow one time payment ? Is it wise to do one time payment? mainly to reduce interest paid (I'll take GAP insurance if that's the case ). Are there any discounts for 1 time payment ?

MF discount of .00100

jaybird426

I am looking for the MF and RV for the 2016 Q5 2.0T AWD Premium Plus, 36/15K. Thanks!

kyfdx

jaybird426 said:

I am looking for the MF and RV for the 2016 Q5 2.0T AWD Premium Plus, 36/15K. Thanks!

.00112 MF and 54% residual

miggy1975

Can I please get MF and RV (both with and without AudiCare) for 2016 Q5 3.0T Premium Plus with Technology Package? Area is Northern California. Thank you.

kyfdx

miggy1975 said:

Can I please get MF and RV (both with and without AudiCare) for 2016 Q5 3.0T Premium Plus with Technology Package? Area is Northern California. Thank you.

.00160 MF and 56% residual for 36mo, 15K/yr.

Add 1% for AudiCare

miggy1975

kyfdx said:

miggy1975 said:

Can I please get MF and RV (both with and without AudiCare) for 2016 Q5 3.0T Premium Plus with Technology Package? Area is Northern California. Thank you.

.00160 MF and 56% residual for 36mo, 15K/yr.

Add 1% for AudiCare

Thank you.

Sorry, but new at this: My local dealer is offering me 36 month/7,500 miles/yr., $3,000 down, $674.62/mo., 61% residual with a MF of 2.29 (I assume they mean .00229).

The MF is higher but the residual is also higher - resulting in a similar monthly lease payment. What am I missing please?

Michaell

miggy1975 said:

kyfdx said:

miggy1975 said:

Can I please get MF and RV (both with and without AudiCare) for 2016 Q5 3.0T Premium Plus with Technology Package? Area is Northern California. Thank you.

.00160 MF and 56% residual for 36mo, 15K/yr.

Add 1% for AudiCare

Thank you.

Sorry, but new at this: My local dealer is offering me 36 month/7,500 miles/yr., $3,000 down, $674.62/mo., 61% residual with a MF of 2.29 (I assume they mean .00229).

The MF is higher but the residual is also higher - resulting in a similar monthly lease payment. What am I missing please?

It's likely that the dealer is using a 3rd party bank for this lease - dealer cannot modify the residual percentage set by the bank, but can mark up the money factor for more profit.

kyfdx

miggy1975 said:

kyfdx said:

miggy1975 said:

Can I please get MF and RV (both with and without AudiCare) for 2016 Q5 3.0T Premium Plus with Technology Package? Area is Northern California. Thank you.

.00160 MF and 56% residual for 36mo, 15K/yr.

Add 1% for AudiCare

Thank you.

Sorry, but new at this: My local dealer is offering me 36 month/7,500 miles/yr., $3,000 down, $674.62/mo., 61% residual with a MF of 2.29 (I assume they mean .00229).

The MF is higher but the residual is also higher - resulting in a similar monthly lease payment. What am I missing please?

36/7.5K/yr residual is 61%, if you are purchasing AudiCare.

Also, they can markup the money factor for extra profit.

charrban

I created a thread for this not realizing that this one already exsited. Can someone please price check this lease I just got quoted on? Thanks


$2,198.83 Down (Inceptions) / 36 Months / 12,000 Miles / $585 Per Month
$632 Down (1st Month​ Only)​ / 36 Months / 12,000 Miles / $632 Per Month\

MSRP ​ $48,525.00
Price ​ ​ ​ $43,863.50

For a 2016 Audi Q5 premium plus + with technology package.

kyfdx

charrban said:

I created a thread for this not realizing that this one already exsited. Can someone please price check this lease I just got quoted on? Thanks


$2,198.83 Down (Inceptions) / 36 Months / 12,000 Miles / $585 Per Month
$632 Down (1st Month​ Only)​ / 36 Months / 12,000 Miles / $632 Per Month\

MSRP ​ $48,525.00
Price ​ ​ ​ $43,863.50

For a 2016 Audi Q5 premium plus + with technology package.

2.0T?

.00112 MF and 56% residual.

If the price is the CAP cost, then $543/mo.+tax.

charrban

ky - is the $543 what you got for the $2,198 down or the $632 down? Thanks.

kyfdx

charrban said:

ky - is the $543 what you got for the $2,198 down or the $632 down? Thanks.

With $2198 due at signing... and, plus tax

infoplease1

Are there any money factor or residual changes for March? Thanks in advance.

dm2007

Can you provide money factor and residual numbers for 2.0T premium plus and 3.0T premium plus (both 36/12K) in March? Thanks++.

kyfdx

infoplease1 said:

Are there any money factor or residual changes for March? Thanks in advance.

There is a new program. Don't know what is different. Ask for the model you need.

kyfdx

dm2007 said:

Can you provide money factor and residual numbers for 2.0T premium plus and 3.0T premium plus (both 36/12K) in March? Thanks++.

2.0T: .00112 MF and 56% residual
3.0T: .00160 MF and 58% residual

ctsoxfan2

kyfdx said:

dm2007 said:

Can you provide money factor and residual numbers for 2.0T premium plus and 3.0T premium plus (both 36/12K) in March? Thanks++.

2.0T: .00112 MF and 56% residual
3.0T: .00160 MF and 58% residual

There is a different MF between models? Is that typical of Audi. I haven't bought one in a few years.
Also, is the residual +2% for 10K (vs. 12k)? What about 7.5K?

Thanks.

Michaell

ctsoxfan2 said:

kyfdx said:

dm2007 said:

Can you provide money factor and residual numbers for 2.0T premium plus and 3.0T premium plus (both 36/12K) in March? Thanks++.

2.0T: .00112 MF and 56% residual
3.0T: .00160 MF and 58% residual

There is a different MF between models? Is that typical of Audi. I haven't bought one in a few years.
Also, is the residual +2% for 10K (vs. 12k)? What about 7.5K?

Thanks.

Add 1% to the 12K residual for 10K and 2% for 7.5K

Yes, the different engine types have different MF.

dsmith1984

Hello,

Can you give me the MF & Residual for a 36 month 30,000 mile lease on the following:

2016 3.0T Q5 Premium Plus with Technology Package

Thank you,

Michaell

dsmith1984 said:

Hello,

Can you give me the MF & Residual for a 36 month 30,000 mile lease on the following:

2016 3.0T Q5 Premium Plus with Technology Package

Thank you,

.00160 and 59%

ctsoxfan2

Does Audi still offer the multiple security deposit option? If so, what are the terms (each payment reduces the MF by X with a max of Y deposits)?

Michaell

ctsoxfan2 said:

Does Audi still offer the multiple security deposit option? If so, what are the terms (each payment reduces the MF by X with a max of Y deposits)?

Max 9 MSD, each of which lower the MF by .00005

johndeere20

12k/36

MSRP: 48,480
Capitalized Cost: 41,813

2016 Q5 Premium Plus w/ Tech Package

Monthly Payment: $585 all taxes title fees rolled in

Is this a correctly calculated monthly fee?

kyfdx

johndeere20 said:

12k/36

MSRP: 48,480
Capitalized Cost: 41,813

2016 Q5 Premium Plus w/ Tech Package

Monthly Payment: $585 all taxes title fees rolled in

Is this a correctly calculated monthly fee?

Which state?
Tax rate?

Does the CAP cost you list include everything?

johndeere20

kyfdx said:

johndeere20 said:

12k/36

MSRP: 48,480
Capitalized Cost: 41,813

2016 Q5 Premium Plus w/ Tech Package

Monthly Payment: $585 all taxes title fees rolled in

Is this a correctly calculated monthly fee?

Which state?
Tax rate?

Does the CAP cost you list include everything?

State is NJ
Tax rate is 7%

The cap cost is the selling price of the car, and the sales associate said the monthly fee is with everything included. I'm assuming first month payment, basically sign and drive

kyfdx

johndeere20 said:

kyfdx said:

johndeere20 said:

12k/36

MSRP: 48,480
Capitalized Cost: 41,813

2016 Q5 Premium Plus w/ Tech Package

Monthly Payment: $585 all taxes title fees rolled in

Is this a correctly calculated monthly fee?

Which state?
Tax rate?

Does the CAP cost you list include everything?

State is NJ
Tax rate is 7%

The cap cost is the selling price of the car, and the sales associate said the monthly fee is with everything included. I'm assuming first month payment, basically sign and drive

.00112 MF and 56% residual (assuming 2.0T).

If I add $2400 for $795 acq.fee, $300 doc fee and about $1300 tax, I get $553/mo.
$44,200 CAP cost..

I didn't add in title/registration, because I don't know those costs. (and, estimated the other costs).

Ask them for the adjusted CAP cost, and a breakdown of the amounts over the selling price. Also, ask them to disclose the money factor. At this point, with me guessing, they are about $1000 total, over. $400-$500 of that could be title/registration, so not that far off. But, you need exact numbers.

From here, looks pretty close... devil is in the details.

botrnewmusic

Was wondering if someone can help advise on if this is a good deal or not (seems VERY good)
My current Audi A4 just hit its allowed miles and I still have 4 months left on the lease $522 a month.

My local dealer is willing to take back the A4, not charge me any over mileage and pay the remaining $2088 owed on my A4.

I was quoted for a MSRP 42,630 car he would sell for $40,630 using a $2000 rebate for conquest/loyalty.
NY STATE.

Total Price: $499 for Audi 2016 Q5 All Standard Equipment, No "TECH/NAV" packages. Taxes rolled in, Bank fee paid up front (total out of pocket is $1300 for bank fee plates tire fee etc first month etc). 12k miles a year
Another dealer quote $515 and when I went to the second dealer he accepted my "keep under $500" right away.


Think I can do better?

UPDATE: Went to a third dealer, lied and told him the above offers were for 15k miles can he match/beat price...
He gave me same car as above, 15k miles a year for $495. Good Deal worth taking?

matrixpr

Hi, i hope you can help. Just went to the dealer today for a quote on a
Q5 2016 2.0T Premium Plus

MSRP $49,325.00
Savings 5,942

Selling price 43,383
Fees 1,051
Florida tax 2688.00
looking for a 36/ 12k lease

The payment they gave me was $680 which seems a little high. Do you think its a good deal?

Michaell

matrixpr said:

Hi, i hope you can help. Just went to the dealer today for a quote on a
Q5 2016 2.0T Premium Plus

MSRP $49,325.00
Savings 5,942

Selling price 43,383
Fees 1,051
Florida tax 2688.00
looking for a 36/ 12k lease

The payment they gave me was $680 which seems a little high. Do you think its a good deal?

Florida taxes the monthly payment on a lease, so the tax amount is incorrect.

.00112 and 56% for 2.0T Prem +.

If I add the fees to the selling price, I get a payment of $548/mo plus tax.

antgonz

Can someone please provide the MF and residual for a 2016 Q5 premium plus 36mnth/15K per year?

Michaell

antgonz said:

Can someone please provide the MF and residual for a 2016 Q5 premium plus 36mnth/15K per year?

2.0T or 3.0T?

antgonz

Michaell said:

antgonz said:

Can someone please provide the MF and residual for a 2016 Q5 premium plus 36mnth/15K per year?

2.0T or 3.0T?

Sorry 2.0T

Michaell

antgonz said:

Michaell said:

antgonz said:

Can someone please provide the MF and residual for a 2016 Q5 premium plus 36mnth/15K per year?

2.0T or 3.0T?

Sorry 2.0T

.00112 and 54%

miggy1975

Hello,

Looking at a lease located in CA - dated 3/31.

2016 Q5, premium plus, 3.0, tech package, sport package.

36/12
Gross capitalized cost is 49035
Getting 1250 for "rebates and non cash credits" - i believe 750 of this is for the competitor acquisition rebate
Monthly is 638
Drive off 2077
Residual value is 31305

Is this a good deal? I'm told the MF on this lease is .0016. Is this correct?

What is the new MF for April?

Thank you!

Michaell

miggy1975 said:

Hello,

Looking at a lease located in CA - dated 3/31.

2016 Q5, premium plus, 3.0, tech package, sport package.

36/12
Gross capitalized cost is 49035
Getting 1250 for "rebates and non cash credits" - i believe 750 of this is for the competitor acquisition rebate
Monthly is 638
Drive off 2077
Residual value is 31305

Is this a good deal? I'm told the MF on this lease is .0016. Is this correct?

What is the new MF for April?

Thank you!

.00143 and 57% for 3.0T premier plus in April.

What is the net cap cost?

miggy1975

Michaell said:

miggy1975 said:

Hello,

Looking at a lease located in CA - dated 3/31.

2016 Q5, premium plus, 3.0, tech package, sport package.

36/12
Gross capitalized cost is 49035
Getting 1250 for "rebates and non cash credits" - i believe 750 of this is for the competitor acquisition rebate
Monthly is 638
Drive off 2077
Residual value is 31305

Is this a good deal? I'm told the MF on this lease is .0016. Is this correct?

What is the new MF for April?

Thank you!

.00143 and 57% for 3.0T premier plus in April.

What is the net cap cost?

Hello. Net cap cost? Not sure. I have the lease agreement in front of me. I don't see a "Net Cap Cost." Adjusted cap cost is 47865. If I request they rewrite the agreement for April will the terms be better?

I asked them outright about April and they said the MF is the same (.0016) but the acquisition rebate goes away.

Thanks for your help.

florida2016

Edmunds gurus! I got quoted by my dealer for MARCH the following:
2016 Q5 3.0T Premium plus MSRP $54,554 with 12K miles per year, with Audi Care included, 36 months lease, $1600 out of pocket Monthly payment $550.00 Tax included. Is this a good, average or bad deal?? Thank you for your help