2017 Audi Q7 Lease Deals and Prices

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  • gravi_tx2gravi_tx2 Member Posts: 6
    Also add that US Bank offers a tax rebate charging 1.25% instead of 6.25% in TX. Without that AFS would be better deal by a big margin instead of just slightly if my assumptions are correct.
  • kyfdxkyfdx Moderator Posts: 267,528
    edited May 2017
    gravi_tx2 said:

    Also add that US Bank offers a tax rebate charging 1.25% instead of 6.25% in TX. Without that AFS would be better deal by a big margin instead of just slightly if my assumptions are correct.

    Without a tax credit, I show the AFS deal to be about $15/mo. better.
    But, with a 5% tax credit, I show the USBank numbers to be better by $75/mo.

    All assumptions with no downpayment.

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  • kyfdxkyfdx Moderator Posts: 267,528
    gravi_tx2 said:

    Appreciate the info and all the advice in this forum. I have a few questions:

    - When I plug the numbers into my calculator the AFS (.00204 and 61% for 12K/36) works better than USB (.00195 and 53% for 12K/42), assuming I get $1000 loyalty credit from AFS. Are the AFS numbers still valid?
    - Is the dealer obliged to disclose the USB buy rate and any markup if I ask?
    - I have a big trade-in, which the dealer was very fair with. I applied that to cap cost but is it better to take cash out and put minimum down and increase the monthly payment to protect against gap? If so are dealers willing to do that?
    - I signed the paperwork yesterday but since the car is getting shipped it will be another week before I take delivery. Is there a right to rescind window in Texas for lease deals like they have for loans? Just in case...

    Thx

    You are skewing the numbers by putting in a big downpayment. That will lower the monthly payment on a 36 month term by much more than on 42 months, as you are amortizing that downpayment over fewer months.

    Better off just making first payment and DMV charges at lease signing. Dealers have no problem cutting you a check for the excess, as it makes no difference to them.

    But, check to see if the USBank lease includes GAP insurance.

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  • kenny_h_kenny_h_ Member Posts: 361
    gravi_tx2 said:

    I just signed a lease and doing my research stumbled on this forum. Having read through it seems like residuals and MFs differ by state for the same lender. Is that correct? I am buying a Q7 2.0T P+, $60,765 MSRP, $1500 discount. I am in Texas and the dealer told me US bank offered the best deal and 42 month was the sweet spot. The MF quoted was .00195 and residual 53 percent. Does that sound reasonable or is there a markup in the MF?

    This whole bank issue is giving me cold feet on Audi. The numbers are all over the place and it seems like the dealers are trying to get away with as much as possible. Also there is no truecar with audi, at least where I am so that's another minus.
  • beachbum19beachbum19 Member Posts: 10
    edited May 2017
    Do you know what is the max number of MSDs? I always thought it was 9 but a dealer is asking for 10. 
  • kyfdxkyfdx Moderator Posts: 267,528

    Do you know what is the max number of MSDs? I always thought it was 9 but a dealer is asking for 10. 

    Not familiar with Audi's MSD program, sorry.

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  • MichaellMichaell Moderator Posts: 263,818
    kyfdx said:

    Do you know what is the max number of MSDs? I always thought it was 9 but a dealer is asking for 10. 

    Not familiar with Audi's MSD program, sorry.
    I think Audi Finance does allow 10 MSDs to be made. Each MSD lowers the MF by .00005, IIRC.

    But, don't hold me to that.

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  • chrisch70chrisch70 Member Posts: 46
    What is the MF/RV for 2017 Q7 2.0T; 36m/12k? Thanks
  • kyfdxkyfdx Moderator Posts: 267,528
    chrisch70 said:

    What is the MF/RV for 2017 Q7 2.0T; 36m/12k? Thanks

    .00204 MF and 61% residual

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  • chrisch70chrisch70 Member Posts: 46
    kyfdx said:

    chrisch70 said:

    What is the MF/RV for 2017 Q7 2.0T; 36m/12k? Thanks

    .00204 MF and 61% residual
    Thanks!
  • gasapple2gasapple2 Member Posts: 6
    Well, this thread will make your head spin! Valuable information to be had, sure! I've been talking to a dealer and they won't budge from MSRP - well, not yet at least.

    Theyve located a vehicle that met my specs at another dealer but want 1500 to get it to them! Of course, I am expected to cover that cost.

    That said, could someone please provide the June 2017 MF/LF and Residual using Audi Financial on the following:

    2017 Q7 Prestige Plus (MSRP of 69800)
    36/15

    Thanks in advance!






  • kyfdxkyfdx Moderator Posts: 267,528
    gasapple2 said:

    Well, this thread will make your head spin! Valuable information to be had, sure! I've been talking to a dealer and they won't budge from MSRP - well, not yet at least.

    Theyve located a vehicle that met my specs at another dealer but want 1500 to get it to them! Of course, I am expected to cover that cost.

    That said, could someone please provide the June 2017 MF/LF and Residual using Audi Financial on the following:

    2017 Q7 Prestige Plus (MSRP of 69800)
    36/15

    Thanks in advance!






    .00210 MF and 55% residual

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  • gasapple2gasapple2 Member Posts: 6
    Thank you, KYFDX.

    So the dealer stated there is a 59% Residual for this build - is that inaccurate?
  • gasapple2gasapple2 Member Posts: 6
    Oh and sorry - this is for the 3.0 T; change anything?
  • kyfdxkyfdx Moderator Posts: 267,528
    gasapple2 said:

    Thank you, KYFDX.

    So the dealer stated there is a 59% Residual for this build - is that inaccurate?

    59% is for Premium Plus. You stated Prestige?

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  • gasapple2gasapple2 Member Posts: 6
    You're right, I did in error. Thank you.
  • gasapple2gasapple2 Member Posts: 6
    Is the MF still 0.00210 on the Premium Plus (not Prestige)?
  • MichaellMichaell Moderator Posts: 263,818
    edited June 2017
    gasapple2 said:

    Is the MF still 0.00210 on the Premium Plus (not Prestige)?

    For the 3.0T, that is the correct base MF for both trims.

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  • gasapple2gasapple2 Member Posts: 6
    edited June 2017
    Thank you. Dealer stated the 0.00210 was their cost # so I was only able to garner a 0.00220 MF - but it needed to be shipped over 500 miles and I was able to negotiate the shipping and a little off the MSRP, but not much. Nonetheless, Edmunds and all the info here helped me to become more a more "informed" consumer! Thanks again!
  • MichaellMichaell Moderator Posts: 263,818
    gasapple2 said:

    Thank you. Dealer stated the 0.00210 was their cost # so I was only able to garner a 0.00220 MF - but it needed to be shipped over 500 miles and I was able to negotiate the shipping and a little off the MSRP, but not much. Nonetheless, Edmunds and all the info here helped me to become more a more "informed" consumer! Thanks again!

    Congrats!

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  • bkbigfish815bkbigfish815 Member Posts: 2
    MF and residual for 2017 Q7 Premium Plus 2.0t - 36/10k please. Thanks!
  • MichaellMichaell Moderator Posts: 263,818

    MF and residual for 2017 Q7 Premium Plus 2.0t - 36/10k please. Thanks!

    00204 and 62%

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  • pem252pem252 Member Posts: 3
    Hi there! MF and residual for 2017 Q7 Premium Plus 3.0 - 36/10k please. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,528
    pem252 said:

    Hi there! MF and residual for 2017 Q7 Premium Plus 3.0 - 36/10k please. Thanks!

    .00210 MF and 62% residual

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  • davie123davie123 Member Posts: 3
    edited June 2017
    Hi, I just got a lease deal on Q7 and want to hear experts' opinions.

    2017 Q7 2.0T P+
    MSRP $60,765
    Negotiated Price $56,511
    Gross Cap Cost 61275 (inc 6% tax, title, lic, audicare etc)
    Res 62% with Audicare
    MF 0.00245
    Nothing down;
    $869 per month

    What do you guys think?
  • kyfdxkyfdx Moderator Posts: 267,528
    davie123 said:

    Hi, I just got a lease deal on Q7 and want to hear experts' opinions.

    2017 Q7 2.0T P+
    MSRP $60,765
    Negotiated Price $56,511
    Gross Cap Cost 61275 (inc 6% tax, title, lic, audicare etc)
    Res 62% with Audicare
    MF 0.00245
    Nothing down;
    $869 per month

    What do you guys think?

    Which state?
    What term and mileage allowance?

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  • davie123davie123 Member Posts: 3

    Maryland, 36 months / 12k per year

    thx
  • MichaellMichaell Moderator Posts: 263,818
    davie123 said:

    Hi, I just got a lease deal on Q7 and want to hear experts' opinions.

    2017 Q7 2.0T P+
    MSRP $60,765
    Negotiated Price $56,511
    Gross Cap Cost 61275 (inc 6% tax, title, lic, audicare etc)
    Res 62% with Audicare
    MF 0.00245
    Nothing down;
    $869 per month

    What do you guys think?

    davie123 said:


    Maryland, 36 months / 12k per year

    thx

    Base MF is .00204, so that is marked up for extra profit.

    With your prices, I get $898/mo with the marked up MF, and $857/mo with the base MF.

    Your number splits the difference, so I'm honestly not sure what to say, other than to confirm the adjusted cap cost.

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  • davie123davie123 Member Posts: 3
    Yeah, I know the MF had a mark up. The gross cap cost is straight from the contract, so it should be right. I get $848.10 when I run it through the lease calculator, may be I have the wrong MF? The paper work doesn't explicitly mention mf. What about the discount of MSRP? Is 7% off enough to justify the MF markup? I wish I had known the base mf rate when I walked in to the dealer. Thanks
  • MichaellMichaell Moderator Posts: 263,818
    davie123 said:

    Yeah, I know the MF had a mark up. The gross cap cost is straight from the contract, so it should be right. I get $848.10 when I run it through the lease calculator, may be I have the wrong MF? The paper work doesn't explicitly mention mf. What about the discount of MSRP? Is 7% off enough to justify the MF markup? I wish I had known the base mf rate when I walked in to the dealer. Thanks

    Yeah, the MF is never mentioned on the paperwork - you'll generally see a 'rent charge' amount for the lease term.

    7% is a strong discount on the Q7, which might mitigate some of the MF bump.

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  • johnd30johnd30 Member Posts: 2
    Michael,

    Could you post current lease numbers for prestige 36m/15k year for Southern California.

    Thanks so much
  • kyfdxkyfdx Moderator Posts: 267,528
    johnd30 said:

    Michael,

    Could you post current lease numbers for prestige 36m/15k year for Southern California.

    Thanks so much

    .00210 MF and 55% residual

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  • roman_groman_g Member Posts: 18
    Hello guys!
    Can you please provide the numbers for Northern California 2017 Q7 2.0 P+ 36m/10K?
    Also, do you know what rebates are available (lease cash, loyalty, conquest...)?
    Thanks a lot!
  • MichaellMichaell Moderator Posts: 263,818
    roman_g said:

    Hello guys!
    Can you please provide the numbers for Northern California 2017 Q7 2.0 P+ 36m/10K?
    Also, do you know what rebates are available (lease cash, loyalty, conquest...)?
    Thanks a lot!

    .00204 and 62%

    $1000 loyalty incentive

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  • jimmybradyjimmybrady Member Posts: 106
    Can i get the mf and residual for Q7 premium and premium plus 2.0 and 3.0. 36/12k. Michigan
  • MichaellMichaell Moderator Posts: 263,818

    Can i get the mf and residual for Q7 premium and premium plus 2.0 and 3.0. 36/12k. Michigan

    2.0 - .00204 and 61%
    3.0 - .00210 and 61%

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  • fmuhammedfmuhammed Member Posts: 30
    what is the residual and MF for prestige in NJ 3.0
  • fmuhammedfmuhammed Member Posts: 30
    for 36/12
  • MichaellMichaell Moderator Posts: 263,818
    fmuhammed said:

    what is the residual and MF for prestige in NJ 3.0

    fmuhammed said:

    for 36/12

    .00210 and 57%

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  • fmuhammedfmuhammed Member Posts: 30
    thanks
  • renzopalmsrenzopalms Member Posts: 7
    edited June 2017
    So there's a special running here in sfl for the q7 premium 2.0.... $499/ month with $4389 down. 

    Has anyone walked into into the dealer and negotiated based on this offer. I wonder if they'll negotiate on the msrp let alone acknowledge the special. 

    Inserting a picture for reference. 
  • MichaellMichaell Moderator Posts: 263,818

    So there's a special running here in sfl for the q7 premium 2.0.... $499/ month with $4389 down. 

    Has anyone walked into into the dealer and negotiated based on this offer. I wonder if they'll negotiate on the msrp let alone acknowledge the special. 

    Inserting a picture for reference. 

    You can always negotiate.

    For reference, the $4389 down equates to about $122/mo, so the "true" cost of the lease is $621/mo

    Before taxes, fees, etc.

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  • financeguypasfinanceguypas Member Posts: 22
    Hi guys --- can i get the Residual and MF for a 2017 Q7, 2.0, Premium +, 36 mo - 12k/yr, Southern Cal

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,528

    Hi guys --- can i get the Residual and MF for a 2017 Q7, 2.0, Premium +, 36 mo - 12k/yr, Southern Cal

    Thanks!

    .00204 MF and 61% residual

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  • tahoeman4tahoeman4 Member Posts: 5
    Could I get the residual and money factor for Audi Q7 3.0T Premium Plus. MSRP of 66,380. In Virginia
  • tahoeman4tahoeman4 Member Posts: 5
    For 36 months 12 or 42 months-1K miles per month
  • MichaellMichaell Moderator Posts: 263,818
    tahoeman4 said:

    Could I get the residual and money factor for Audi Q7 3.0T Premium Plus. MSRP of 66,380. In Virginia

    tahoeman4 said:

    For 36 months 12 or 42 months-1K miles per month

    36/12 - .00210 and 61%
    42/12 - .00230 and 57%

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  • gausi123gausi123 Member Posts: 1
    Could I get the residual and money factor for Audi Q7 3.0T Premium Plus. MSRP $65,130 + $1850 extra packages (audi care + excess wear and tear). In Seattle, WA. I am trading a car worth $2200 with additional 3K down (total: $5200) and dealer is asking for $950 per month including everything. Seems like a right price?
  • MichaellMichaell Moderator Posts: 263,818
    gausi123 said:

    Could I get the residual and money factor for Audi Q7 3.0T Premium Plus. MSRP $65,130 + $1850 extra packages (audi care + excess wear and tear). In Seattle, WA. I am trading a car worth $2200 with additional 3K down (total: $5200) and dealer is asking for $950 per month including everything. Seems like a right price?

    What lease term and miles per year?

    We do not recommend using trade equity and up front cash to lower the payment - that money is at risk and would be lost if the car is stolen or totaled.

    .00210 MF

    That payment is way too high with that much cash down - if this is a 36 month lease, that $5200 works out to over $140/mo - so the 'true' payment is closer to $1100.

    Not a good deal for a $65K car.

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  • financeguypasfinanceguypas Member Posts: 22
    Hi guys, possible to do '17 Q7 2.0, Prem Plus, 36 mo and 48 month Residual and Money Factor? thanks!
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