Lease quote advice

ctobin1ctobin1 Member Posts: 29
edited December 2015 in Audi
I'm looking to lease a 2016 Audi Q5 Premium with heated seats and metallic paint. MSRP of about $42,000. I have 6 months remaining on my current lease now at $481 a month. The dealers are sending me non stop messages about wanting my car back and telling me to upgrade now. One dealer i went to wants to roll my remaining payments into the msrp of new lease which at that point i'll wait til my lease is up and decide then. With the remaining payments added and loyalty discounts and incentives of 4k off they are offering $540 a month with NY taxes(8.625%) rolled in and about $1700 down for fee's and first months payment. The dealer said it's with 2.9% through audi financial. 36 month lease, 12k miles a year.

What are your thoughts, I feel like I could do better. I have never had to roll my remaining payments into a new lease so that seems strange to me because like I said, at that point I might as well wait til june when my lease is up and decide.

What is the money factor and residual for a q5 premium for 36/12 and 42/12?

Comments

  • kyfdxkyfdx Moderator Posts: 207,717
    ctobin1 said:

    I'm looking to lease a 2016 Audi Q5 Premium with heated seats and metallic paint. MSRP of about $42,000. I have 6 months remaining on my current lease now at $481 a month. The dealers are sending me non stop messages about wanting my car back and telling me to upgrade now. One dealer i went to wants to roll my remaining payments into the msrp of new lease which at that point i'll wait til my lease is up and decide then. With the remaining payments added and loyalty discounts and incentives of 4k off they are offering $540 a month with NY taxes(8.625%) rolled in and about $1700 down for fee's and first months payment. The dealer said it's with 2.9% through audi financial. 36 month lease, 12k miles a year.

    What are your thoughts, I feel like I could do better. I have never had to roll my remaining payments into a new lease so that seems strange to me because like I said, at that point I might as well wait til june when my lease is up and decide.

    What is the money factor and residual for a q5 premium for 36/12 and 42/12?

    Unless there is a formal program from Audi to forgive your lease payments, then all they are doing is sending you marketing materials. Why eat $3000 to get into a new car now?

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