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2016 Audi Q5 Lease Questions

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Comments

  • florida2016florida2016 Member Posts: 39
    edited April 2016
    .
  • kyfdxkyfdx Moderator Posts: 265,760
    miggy1975 said:

    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.
    .00160 MF and 58% residual for March
    .00143 MF and 57% residual for April.

    Adjusted CAP cost is good, but also need MSRP to calculate the lease.. The 1% drop in residual, along with the slightly lower MF for April, would mean about the same payment.

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  • kyfdxkyfdx Moderator Posts: 265,760

    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

    .00160 MF and 58% residual for March.

    What good is a March quote, if you didn't sign?

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  • miggy1975miggy1975 Member Posts: 5
    kyfdx said:

    miggy1975 said:

    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.
    .00160 MF and 58% residual for March
    .00143 MF and 57% residual for April.

    Adjusted CAP cost is good, but also need MSRP to calculate the lease.. The 1% drop in residual, along with the slightly lower MF for April, would mean about the same payment.
    Thanks! The MSRP is 53,975.00
  • kyfdxkyfdx Moderator Posts: 265,760
    miggy1975 said:

    kyfdx said:

    miggy1975 said:

    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.
    .00160 MF and 58% residual for March
    .00143 MF and 57% residual for April.

    Adjusted CAP cost is good, but also need MSRP to calculate the lease.. The 1% drop in residual, along with the slightly lower MF for April, would mean about the same payment.
    Thanks! The MSRP is 53,975.00
    $587/mo.+tax with March numbers. (almost exactly the same with April numbers)

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  • roxieixorroxieixor Member Posts: 27
    edited April 2016
    Looking to get  2016 Q5 2.0T premium plus with technology package. 

    What is the highest mileage they will allow that would result in the lowest residual? Want a monthly payment of about $1000/mth and buy at end of lease. Any other way you can think of to end up with the lowest buyout at end of lease? 

    Interested in MF and residual for 24, 36, 39 months.  

    Thanks. 
  • MichaellMichaell Moderator Posts: 262,340
    roxieixor said:

    Looking to get  2016 Q5 2.0T premium plus with technology package. 

    What is the highest mileage they will allow that would result in the lowest residual? Want a monthly payment of about $1000/mth and buy at end of lease. Any other way you can think of to end up with the lowest buyout at end of lease? 

    Interested in MF and residual for 24, 36, 39 months.  

    Thanks. 

    FWD or Quattro ?

    15k is the highest mileage with a fixed residual. Extra mileage can be bought at .15/mile

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  • roxieixorroxieixor Member Posts: 27
    Michaell said:
    Looking to get  2016 Q5 2.0T premium plus with technology package. 

    What is the highest mileage they will allow that would result in the lowest residual? Want a monthly payment of about $1000/mth and buy at end of lease. Any other way you can think of to end up with the lowest buyout at end of lease? 

    Interested in MF and residual for 24, 36, 39 months.  

    Thanks. 
    FWD or Quattro ? 15k is the highest mileage with a fixed residual. Extra mileage can be bought at .15/mile

    Quattro

    Do you know of any other make/model in this range that allow high mileage leases?

    Thanks. 





  • MichaellMichaell Moderator Posts: 262,340
    roxieixor said:


    Michaell said:

    roxieixor said:

    Looking to get  2016 Q5 2.0T premium plus with technology package. 

    What is the highest mileage they will allow that would result in the lowest residual? Want a monthly payment of about $1000/mth and buy at end of lease. Any other way you can think of to end up with the lowest buyout at end of lease? 

    Interested in MF and residual for 24, 36, 39 months.  

    Thanks. 

    FWD or Quattro ?

    15k is the highest mileage with a fixed residual. Extra mileage can be bought at .15/mile
    Quattro

    Do you know of any other make/model in this range that allow high mileage leases?

    Thanks. 







    They all allow them, using the method I outlined above. Only Ford has published residual rates for mileage terms above 15k.

    .00030 and 60% (24/15) or 53% (36/15). .00050 and 51% (39/15).

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  • nkf2008nkf2008 Member Posts: 89
    Hi folks, I am getting the following quote on a 2016 Q5 Premium. Price is 42760. This is for 36 months 10k year. I am getting quoted with 398$ a month with taxes (NY) in the payments. Due at signing is 1700$ which is the drive off fees, first months, sec dep, destination fees. Does this sound like a good deal for this car? thx
  • Kirstie_HKirstie_H Administrator Posts: 11,242
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  • MichaellMichaell Moderator Posts: 262,340
    nkf2008 said:

    Hi folks, I am getting the following quote on a 2016 Q5 Premium. Price is 42760. This is for 36 months 10k year. I am getting quoted with 398$ a month with taxes (NY) in the payments. Due at signing is 1700$ which is the drive off fees, first months, sec dep, destination fees. Does this sound like a good deal for this car? thx

    What is the MSRP and adjusted cap cost?

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  • nkf2008nkf2008 Member Posts: 89
    Michaell said:

    nkf2008 said:

    Hi folks, I am getting the following quote on a 2016 Q5 Premium. Price is 42760. This is for 36 months 10k year. I am getting quoted with 398$ a month with taxes (NY) in the payments. Due at signing is 1700$ which is the drive off fees, first months, sec dep, destination fees. Does this sound like a good deal for this car? thx

    What is the MSRP and adjusted cap cost?
    msrp is 42760, I dont know the adjusted cap cost. All i have is the numbers above form the quote.
  • MichaellMichaell Moderator Posts: 262,340
    nkf2008 said:

    Michaell said:

    nkf2008 said:

    Hi folks, I am getting the following quote on a 2016 Q5 Premium. Price is 42760. This is for 36 months 10k year. I am getting quoted with 398$ a month with taxes (NY) in the payments. Due at signing is 1700$ which is the drive off fees, first months, sec dep, destination fees. Does this sound like a good deal for this car? thx

    What is the MSRP and adjusted cap cost?
    msrp is 42760, I dont know the adjusted cap cost. All i have is the numbers above form the quote.
    Ask the dealer - they will know.

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  • tippcitytippcity Member Posts: 6
    Looking for leasing numbers for a 2016 Q5 Premium 2.0 Quattro ($48995 MSRP) Would like to do 36/15. Also what additional fees can I expect as well as any incentives I should get. I am in Florida by the way. Thanks!
  • MichaellMichaell Moderator Posts: 262,340
    tippcity said:

    Looking for leasing numbers for a 2016 Q5 Premium 2.0 Quattro ($48995 MSRP) Would like to do 36/15. Also what additional fees can I expect as well as any incentives I should get. I am in Florida by the way. Thanks!

    .00030 and 56%

    No incentive information.

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  • mustgofastmustgofast Member Posts: 65
    @Michaell
    Can you clarify the current Resid/MF for the '16 Q5 Prem Plus (I'm looking at the 3.0 for 12k/yr 36mo)
    I expected the Q5s to have one rate and I see a few in your last couple posts wanted to make sure I'm looking at the right one Thanks!
  • MichaellMichaell Moderator Posts: 262,340

    @Michaell
    Can you clarify the current Resid/MF for the '16 Q5 Prem Plus (I'm looking at the 3.0 for 12k/yr 36mo)
    I expected the Q5s to have one rate and I see a few in your last couple posts wanted to make sure I'm looking at the right one Thanks!

    2016 Q5 3.0T Premium Plus 36/12 - .00143 and 57%

    2.0T Premium Plus, by comparison, is .00030 and 55%

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  • mustgofastmustgofast Member Posts: 65
    Thank you.
  • mustgofastmustgofast Member Posts: 65
    @Michaell - can you confirm if there is 2 rebates right now.
    I believe I'm seeing 1k Lease credit & a $750 conquest bonus for someone coming from BMW
  • MichaellMichaell Moderator Posts: 262,340

    @Michaell - can you confirm if there is 2 rebates right now.
    I believe I'm seeing 1k Lease credit & a $750 conquest bonus for someone coming from BMW

    We have no information on Audi incentives.

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  • warz00warz00 Member Posts: 34
    Can I get April MF and resid for 2016 SQ5 - NY, 3 yr, 12k miles

    Thx
  • MichaellMichaell Moderator Posts: 262,340
    warz00 said:

    Can I get April MF and resid for 2016 SQ5 - NY, 3 yr, 12k miles

    Thx

    .00120 and 58% for Premium Plus, 55% for Prestige

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  • worldbfree21worldbfree21 Member Posts: 9
    Hi,
    Looking for numbers for 2016 2.0T Premium Plus - 36/7.5, 39/7.5 and 42/7.5. Also does addition of Audi Care do anything to Resid?
    Thanks!
  • MichaellMichaell Moderator Posts: 262,340

    Hi,
    Looking for numbers for 2016 2.0T Premium Plus - 36/7.5, 39/7.5 and 42/7.5. Also does addition of Audi Care do anything to Resid?
    Thanks!

    36/7.5 - .00030 and 57%
    39/7.5 - .00050 and 55%
    42/7.5 - .00050 and 53%

    Add 1% to the residual for AudiCare

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  • evo_massevo_mass Member Posts: 1
    Hi,

    What are the MF and Residual for a 2016 Q5 2.0 Premium Plus for 24/7500 and 36/7500 ?

    Thanks
  • MichaellMichaell Moderator Posts: 262,340
    evo_mass said:

    Hi,

    What are the MF and Residual for a 2016 Q5 2.0 Premium Plus for 24/7500 and 36/7500 ?

    Thanks

    .00030 and 64% / 57%

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  • marinabmwmarinabmw Member Posts: 4
    Sir,
    Interested in leasing Audi Q5 2.0 Premium Plus for 36 months and 12k miles.
    1-can u confirm MF and Residual for April---believe i've seen... .00030-MF.../not sure on Residual for 36/12
    2-how does different mileage effect these numbers?
    3-pls confirm adding audicare will increase residual by 1%

    Thank you very much in advance --this is a valuable service and we appreciate your insights! Best MarinaBMW
  • MichaellMichaell Moderator Posts: 262,340
    marinabmw said:

    Sir,
    Interested in leasing Audi Q5 2.0 Premium Plus for 36 months and 12k miles.
    1-can u confirm MF and Residual for April---believe i've seen... .00030-MF.../not sure on Residual for 36/12
    2-how does different mileage effect these numbers?
    3-pls confirm adding audicare will increase residual by 1%

    Thank you very much in advance --this is a valuable service and we appreciate your insights! Best MarinaBMW

    .00030 and 55% for 36/12. Subtract 2% for 15K; add 1% for 10K and 2% for 7,500 miles

    I confirm the addition of AudiCare does increase the residual by 1%

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  • cwa318cwa318 Member Posts: 79
    Looking for lease numbers for the following 2016 Q5's.

    Q5 TDI Premium Plus
    Q5 3.0 Premium Plus
    Q5 2.0 Premium Plus
    Q5 2.0 Premium

    All 36 months w/ 15K on miles
    In Florida as well

    Thanks!
  • MichaellMichaell Moderator Posts: 262,340
    cwa318 said:

    Looking for lease numbers for the following 2016 Q5's.

    Q5 TDI Premium Plus
    Q5 3.0 Premium Plus
    Q5 2.0 Premium Plus
    Q5 2.0 Premium

    All 36 months w/ 15K on miles
    In Florida as well

    Thanks!

    Q5 TDI Premium Plus - no TDI numbers
    Q5 3.0 Premium Plus - .00143 and 55%
    Q5 2.0 Premium Plus - .00030 and 53%
    Q5 2.0 Premium - .00030 and 56%

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  • tippcitytippcity Member Posts: 6
    Thanks for the information. We inked the deal this afternoon. Here are the details.

    2016 Q5 Premium
    MSRP $45145
    Cap Cost $41000 ($1,000 Lease Cash Included)
    Residual 57% (36/15 - Audi Care Added $845)
    Money Factor .72% (.00030) Dealer at first tried to charge 1.44%
    Fees - $695 Acq fee / $599 dealer fee
    Out of pocket was first payment only / Edmunds lease calculator was within $20 of the final payment.
  • MichaellMichaell Moderator Posts: 262,340
    tippcity said:

    Thanks for the information. We inked the deal this afternoon. Here are the details.

    2016 Q5 Premium
    MSRP $45145
    Cap Cost $41000 ($1,000 Lease Cash Included)
    Residual 57% (36/15 - Audi Care Added $845)
    Money Factor .72% (.00030) Dealer at first tried to charge 1.44%
    Fees - $695 Acq fee / $599 dealer fee
    Out of pocket was first payment only / Edmunds lease calculator was within $20 of the final payment.

    Congrats! Enjoy the new Audi.

    And, thanks for sharing your deal details with us.

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  • juliek9971juliek9971 Member Posts: 4
    I've been reading the posts, but I am getting different numbers from my dealer in Houston, Tx. They ran it with a trade-in for my current 2014 Audi A4 lease, in which I have negative equity. But I've backed into my numbers and calculated these numbers without the trade-in. I have the detailed fee sheet from my salesman, so I can verify every number except the MF, which I backed into. (This isn't final deal, just where we are on a first round.)
    2015 Audi Q5 2.0 AWD Quattro Premium Plus
    MSRP: 48,195.00
    Cap Cost: 49,580.50 [Minus incentives, but Audi adds in dealer services fees, TTL, acquisition fee, taxes, and document fees. Did not include AudiCare in this quote.]
    Term: 42 mos [I'm told this is the sweet spot term]
    Mileage: 15k
    Residual: 49% [from salesman]

    If I back into my numbers, I'm showing a MF of .00075. Which is higher than the .00030 being quoted in the other posts. Resulting monthly payment of $673.11. [If I drop the MF to .00030, I get $640/mo.]

    Curious if these numbers seem unusual or odd?

    Note on other Residuals for same car: 36/15k: 53% and 39/15k: 51%, also from salesman
    If I back into the MF using these residuals, I get .00056 on the 36/15k and .0008 on the 39/15k.

    Interesting side note: I also looked at the new 2017 A4 Premium and backed into extremely high MFs.
    36/15k: 57% Res; .001975 MF
    39/15k: 55% Res; .0021 MF
    42/15k: 53% Res; .00222 MF

    It is obvious that Audi is pushing the 2016 2.0 Q5s right now. I suspected they were inflating the MFs to deter me from the new A4, but maybe I'm just a conspiracy theorist.

    Would be curious to know what you're seeing on the Residual and MF for a 2016 Audi Q5 3.0 Quattro Premium Plus in Houston, TX. Thanks!
  • MichaellMichaell Moderator Posts: 262,340

    I've been reading the posts, but I am getting different numbers from my dealer in Houston, Tx. They ran it with a trade-in for my current 2014 Audi A4 lease, in which I have negative equity. But I've backed into my numbers and calculated these numbers without the trade-in. I have the detailed fee sheet from my salesman, so I can verify every number except the MF, which I backed into. (This isn't final deal, just where we are on a first round.)
    2015 Audi Q5 2.0 AWD Quattro Premium Plus
    MSRP: 48,195.00
    Cap Cost: 49,580.50 [Minus incentives, but Audi adds in dealer services fees, TTL, acquisition fee, taxes, and document fees. Did not include AudiCare in this quote.]
    Term: 42 mos [I'm told this is the sweet spot term]
    Mileage: 15k
    Residual: 49% [from salesman]

    If I back into my numbers, I'm showing a MF of .00075. Which is higher than the .00030 being quoted in the other posts. Resulting monthly payment of $673.11. [If I drop the MF to .00030, I get $640/mo.]

    Curious if these numbers seem unusual or odd?

    Note on other Residuals for same car: 36/15k: 53% and 39/15k: 51%, also from salesman
    If I back into the MF using these residuals, I get .00056 on the 36/15k and .0008 on the 39/15k.

    Interesting side note: I also looked at the new 2017 A4 Premium and backed into extremely high MFs.
    36/15k: 57% Res; .001975 MF
    39/15k: 55% Res; .0021 MF
    42/15k: 53% Res; .00222 MF

    It is obvious that Audi is pushing the 2016 2.0 Q5s right now. I suspected they were inflating the MFs to deter me from the new A4, but maybe I'm just a conspiracy theorist.

    Would be curious to know what you're seeing on the Residual and MF for a 2016 Audi Q5 3.0 Quattro Premium Plus in Houston, TX. Thanks!

    The MF on the 2.0T is .00030 for up to 36 months - for 39/42 months, the MF jumps to .00050.

    I confirm the 53% / 51% / 49% residual for 36, 39, and 42 months, 15K per year.

    I don't believe you can reverse engineer the MF from all the other numbers in the formula, however.

    Using the prices you've given (and, I'm not surprised the cap cost is higher than the sticker, given the tax situation for leases in TX), I get $655/mo for 42/15, $678/mo for 39/15 and $690/mo for 36/15.

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  • juliek9971juliek9971 Member Posts: 4
    Thanks Michaell, I'm not surprised they're marking up the MF. Would you mind providing the Residuals and MF for the 2016 Q5 3.0 Quattro Premium Plus?
  • MichaellMichaell Moderator Posts: 262,340

    Thanks Michaell, I'm not surprised they're marking up the MF. Would you mind providing the Residuals and MF for the 2016 Q5 3.0 Quattro Premium Plus?

    .00143 and 55% for 36/15; .00163 and 53% for 39/15 or 51% for 42/15

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  • lvglgd123lvglgd123 Member Posts: 7
    I have a quote for a Q5 Premium Plus 2016 36 \15
    MSRP 54520
    Net Cap - 50000
    Residual .55
    MF .00143
    Base Monthly - 682
    Tax 59
    Total Payment $742
    CA - Tax Rate 8.5%
    Out of Pocket - $742

    is this a Good deal?
  • MichaellMichaell Moderator Posts: 262,340
    lvglgd123 said:

    I have a quote for a Q5 Premium Plus 2016 36 \15
    MSRP 54520
    Net Cap - 50000
    Residual .55
    MF .00143
    Base Monthly - 682
    Tax 59
    Total Payment $742
    CA - Tax Rate 8.5%
    Out of Pocket - $742

    is this a Good deal?

    That is the base MF for the 3.0T.

    I get a slightly different payment ... base of $670 and total payment of $727.

    I would confirm the net cap number - might be slightly different than what you've given us.

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  • betha4betha4 Member Posts: 16
    Hello, I received he following lease quote for the 2016 Q5 2.0T Premium, 36 months/10k miles in CA-Los Angeles. It seems like this is a good deal - can you confirm please?

    MSRP: $43,450
    Cap cost: $38,967.18
    Cap reduction: $1,000
    Net cap: $37,967.18
    Residual value: $25,635.50
    Money factor: .00030
    Out of pocket: $400 (goes to 1st monthly payment)
    Monthly payment: $395.98 (includes tax)

    All fees included in cap cost (bank doc fee $795; tax on doc fee $102.60; DMV fees $384; CA tire tax $8.75; advanced payments $395.98)..totaling $1,766.33.

    Would it be more worthwhile for me to pay these fees at signing, rather them being baked into the cap cost?
  • kyfdxkyfdx Moderator Posts: 265,760
    betha4 said:

    Hello, I received he following lease quote for the 2016 Q5 2.0T Premium, 36 months/10k miles in CA-Los Angeles. It seems like this is a good deal - can you confirm please?

    MSRP: $43,450
    Cap cost: $38,967.18
    Cap reduction: $1,000
    Net cap: $37,967.18
    Residual value: $25,635.50
    Money factor: .00030
    Out of pocket: $400 (goes to 1st monthly payment)
    Monthly payment: $395.98 (includes tax)

    All fees included in cap cost (bank doc fee $795; tax on doc fee $102.60; DMV fees $384; CA tire tax $8.75; advanced payments $395.98)..totaling $1,766.33.

    Would it be more worthwhile for me to pay these fees at signing, rather them being baked into the cap cost?

    36mo, 10K/yr, right?

    I get $362/mo.+tax, so looks good

    But, if the $795 is in the CAP cost, it isn't taxed (and, that's the acquisition fee, not a doc fee). Maybe the tax is on the $1000 rebate?

    I would pay the DMV and tire tax fees upfront, as those are non-taxable fees, and by putting them in the CAP cost, you are essentially paying tax on them, by virtue of the taxable monthly payment.

    Other than that, it looks good. Paying that $393 upfront will knock about $12/mo. off the payment.

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  • ajd0385ajd0385 Member Posts: 10
    I received the below quote for a 16 SQ5 Premium Plus. I should be a tier A lessee with ~815 credit. MSRP is $63,595 with a negotiated price of 60,415.

    1. One pay lease without Audi care: $27,057
    2. Lease 36 months, 12k, $0 down = $865 per month (all taxes and fees rolled into payment)
    3. Lease 36 months, 12k, $2465 down to cover taxes = $762 per month

    *If you want to add Audi care it will bump each payment up $10 per month

    *We don't have MSDs

    Residual is 58% of MSRP = $36,885.10
    MF = .0017
    Rebates applied already = $1750

    Questions:

    What is the Base MF and Residual for April in PA and VA?
    What is the MSD policy with Audi, is it dealer dependent?

    Thanks a ton!

    Alex

  • MichaellMichaell Moderator Posts: 262,340
    ajd0385 said:

    I received the below quote for a 16 SQ5 Premium Plus. I should be a tier A lessee with ~815 credit. MSRP is $63,595 with a negotiated price of 60,415.

    1. One pay lease without Audi care: $27,057
    2. Lease 36 months, 12k, $0 down = $865 per month (all taxes and fees rolled into payment)
    3. Lease 36 months, 12k, $2465 down to cover taxes = $762 per month

    *If you want to add Audi care it will bump each payment up $10 per month

    *We don't have MSDs

    Residual is 58% of MSRP = $36,885.10
    MF = .0017
    Rebates applied already = $1750

    Questions:

    What is the Base MF and Residual for April in PA and VA?
    What is the MSD policy with Audi, is it dealer dependent?

    Thanks a ton!

    Alex

    2016 SQ5 Premium Plus, 36/12 - .00120 and 58%. Add 1% to the residual for AudiCare. .00100 deduction in MF for one-pay lease.

    Audi MSD allows 9 total, each of which lower the MF by .00005. Not dealer dependent.

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  • danaudidanaudi Member Posts: 2
    Hi All,
    I am interested in 2016 Q5 Premium plus Quattro with Technology package. Last night I was in a dealership for a Q5 with $48500 MSRP. They offered $2000 off sticker price with $1750 rebate. With around $1000 fees and including 8% tax, the monthly payment became $589 with first month payment sign and drive. Salesperson told me the least MF they can give me is 0.00069, and RV was 51% for 42/12K term. I was wondering what is the MF and residual value percentage for 42/12K in NY? Is $2000 off sticker price reasonable or they have more room? This is my first time leasing a car. Any help will be appreciated.
    Thanks
  • MichaellMichaell Moderator Posts: 262,340
    danaudi said:

    Hi All,
    I am interested in 2016 Q5 Premium plus Quattro with Technology package. Last night I was in a dealership for a Q5 with $48500 MSRP. They offered $2000 off sticker price with $1750 rebate. With around $1000 fees and including 8% tax, the monthly payment became $589 with first month payment sign and drive. Salesperson told me the least MF they can give me is 0.00069, and RV was 51% for 42/12K term. I was wondering what is the MF and residual value percentage for 42/12K in NY? Is $2000 off sticker price reasonable or they have more room? This is my first time leasing a car. Any help will be appreciated.
    Thanks

    .00050 and 51% for 42/12

    MF is marked up.

    For Audi, 4-6% off sticker, before incentives, is a good target to achieve.

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  • danaudidanaudi Member Posts: 2
    Michaell said:

    danaudi said:

    Hi All,
    I am interested in 2016 Q5 Premium plus Quattro with Technology package. Last night I was in a dealership for a Q5 with $48500 MSRP. They offered $2000 off sticker price with $1750 rebate. With around $1000 fees and including 8% tax, the monthly payment became $589 with first month payment sign and drive. Salesperson told me the least MF they can give me is 0.00069, and RV was 51% for 42/12K term. I was wondering what is the MF and residual value percentage for 42/12K in NY? Is $2000 off sticker price reasonable or they have more room? This is my first time leasing a car. Any help will be appreciated.
    Thanks

    .00050 and 51% for 42/12

    MF is marked up.

    For Audi, 4-6% off sticker, before incentives, is a good target to achieve.
    Thank you very much Michaell.
  • mmendoza2mmendoza2 Member Posts: 193
    Good afternoon. Can I please have the MF and residual rates for a 2016 Q5 Premium in South Florida for the following terms:

    36/12
    36/15

    42/12
    42/15

    Thank You.
  • MichaellMichaell Moderator Posts: 262,340
    mmendoza2 said:

    Good afternoon. Can I please have the MF and residual rates for a 2016 Q5 Premium in South Florida for the following terms:

    36/12
    36/15

    42/12
    42/15

    Thank You.

    36/15 - .00030 and 56%

    42/15 - .00050 and 52%

    Add 2% for 12K

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  • geedubsgeedubs Member Posts: 3
    Good Evening, can I please have the MF and residual rate for a 2016 Q5 Premium in South Florida for 36/7.5? Thank you.
  • MichaellMichaell Moderator Posts: 262,340
    geedubs said:

    Good Evening, can I please have the MF and residual rate for a 2016 Q5 Premium in South Florida for 36/7.5? Thank you.

    .00030 and 60%

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