2017 Audi Q7 Lease Deals and Prices

Michaell

erikcris said:

Michaell and Kyfdx, just want to thank you both for providing me info and details. Ended up getting the Q7 on Friday in Nor. Cal. If anyone wants details or any recommendations, don't hesitate to reach out to me privately. I got an amazing deal. Cheers.

Congrats!

If you're comfortable with it, feel free to share your numbers here. I'm sure others who are looking for a Q7 can use your deal as a reference point.

dantawangzi

Michaell said:

dantawangzi said:

Hi can you let me know the MF and RV for 2017 Q7 2.0 Prem Plus?
looking at
36 mo / 7500 miles
36 mo / 12k miles
I
n Charlotte, NC.

Thanks a lot!

.00187 and 62% / 60%

Thanks for the info.
I got couple quotes from my local dealers
one quote me 3% off MSRP and 0.00247 MF 36/10k, and says it is set by Audi financial and they are not incentivizing the money factor.

Another one with higher MF and did not even disclose it to me.

are these normal?

Michaell

dantawangzi said:

Michaell said:

dantawangzi said:

Hi can you let me know the MF and RV for 2017 Q7 2.0 Prem Plus?
looking at
36 mo / 7500 miles
36 mo / 12k miles
I
n Charlotte, NC.

Thanks a lot!

.00187 and 62% / 60%

Thanks for the info.
I got couple quotes from my local dealers
one quote me 3% off MSRP and 0.00247 MF 36/10k, and says it is set by Audi financial and they are not incentivizing the money factor.

Another one with higher MF and did not even disclose it to me.

are these normal?

The dealer is allowed to mark up the MF for more profit.

Be polite and tell them you won't sign a deal where that has been done - they know the base rate.

atwater3

Michaell said:

atwater3 said:

Hi there, could you share MF and RV in the Dallas/Fort Worth area with a 2017 Q7 3.0 Premium Plus for 36/10? Any recent deal/incentive given 2018 models are already out? Many thanks!

.00210 and 62%

You'd think so, but you'll have to talk to the dealer to see how motivated they are to clear out old inventory.

Thank you. Another question. Dealer's inventory has a 3.0 base trim with "Premium Plus package" insalled. Is there any difference than the P+ trim?

Michaell

atwater3 said:

Michaell said:

atwater3 said:

Hi there, could you share MF and RV in the Dallas/Fort Worth area with a 2017 Q7 3.0 Premium Plus for 36/10? Any recent deal/incentive given 2018 models are already out? Many thanks!

.00210 and 62%

You'd think so, but you'll have to talk to the dealer to see how motivated they are to clear out old inventory.

Thank you. Another question. Dealer's inventory has a 3.0 base trim with "Premium Plus package" insalled. Is there any difference than the P+ trim?

They are the same thing.

greatdeal2017

Hi Guys,

Looked at the Q7 3.0 Premium plus 36/15 in Florida

-Driver Assistant Package
-Vision Package
-Bose 3D Surround
-20'' wheels
-Ventillation Pkg
-Cold Weather Package

MSRP $69,580

Sales Price: $65358

Trade in $8600

Taxes: $1919

Net Residual: $41,052

MF .002292******* Seems high? Tier 1 Credit

Also saw $1620 in dealer fees

I feel like they're raising the mf and can go lower being that the 18s are already out. 

What do do you think?

greatdeal2017

Meant to ask What payment do you get with the above?

They quotes me at $815/Mo

Michaell

greatdeal2017 said:

Hi Guys,

Looked at the Q7 3.0 Premium plus 36/15 in Florida

-Driver Assistant Package
-Vision Package
-Bose 3D Surround
-20'' wheels
-Ventillation Pkg
-Cold Weather Package

MSRP $69,580

Sales Price: $65358

Trade in $8600

Taxes: $1919

Net Residual: $41,052

MF .002292******* Seems high? Tier 1 Credit

Also saw $1620 in dealer fees

I feel like they're raising the mf and can go lower being that the 18s are already out. 

What do do you think?

greatdeal2017 said:

Meant to ask What payment do you get with the above?

They quotes me at $815/Mo

.00210 and 59%

Florida taxes the monthly payment - ask the dealer for the adjusted cap cost, and how they got to that number from the selling price.

MF is marked up, as you've noted.

And, we suggest you use the trade equity for just the first payment and DMV costs; have the dealer cut you a check for the balance.

Using the MSRP and selling price, I get $899/mo plus tax with the base MF, or $919/mo plus tax with the marked up MF.

greatdeal2017

So if I were to trade in the whole car, my payment should be about $700 correct? 

greatdeal2017

How much should the Check be for if I take the $899/mo plus tax payment? 

greatdeal2017

Also, wouldn't my taxes be about $600 less with the trade in?

kyfdx

greatdeal2017 said:

Also, wouldn't my taxes be about $600 less with the trade in?

You can trade your car in, without putting all of that money into a downpayment on the lease. They can just cut you a check for it.

Since FL taxes the monthly payment and it's the bank buying the car, not you.... not sure you'll get any sort of tax credit on the trade (but, not an expert on FL sales taxes)

greatdeal2017

I was unable to strike a deal because the Dealer lied about the MF. Secretly marking it up to .0033 and tried to hide a $895 Prep fee. Ridiculous. Anyway, any incentives/dealer cash on the 17's this month? I'll try another dealer

kyfdx

greatdeal2017 said:

I was unable to strike a deal because the Dealer lied about the MF. Secretly marking it up to .0033 and tried to hide a $895 Prep fee. Ridiculous.

Anyway, any incentives/dealer cash on the 17's this month? I'll try another dealer

3.0 Premium Plus 36/15

.00210 MF and 59% residual
$750 loyalty, if you have an AFS contract

scancell

Morning, could I get the numbers on a Premium 2.0 and 3.0 for 36/12k and 48/12k

Thank you again!

Michaell

scancell said:

Morning, could I get the numbers on a Premium 2.0 and 3.0 for 36/12k and 48/12k

Thank you again!

36/12
2.0 - .00187 and 60%
3.0 - .00210 and 61%

48/12
53% (2.0) or 54% (3.0) and .00235

monello96

Can someone share The % off Msrp they have seen or received with the 2017 q7?  Anyone know what percent dealer cost is at?

Michaell

monello96 said:

Can someone share The % off Msrp they have seen or received with the 2017 q7?  Anyone know what percent dealer cost is at?

We've always suggested 6% off MSRP for Audi, though the A7 is pretty popular and you may not be able to attain that discount.

billt18

Does anyone know if Audi has fleet discount like BMW? Thanks!

scancell

Wife is exiting her current lease early. We will owe a few thousand on the lease when trading it in. Dealer states we can trade the car in and place the amount we owe on the car down as a down payment to avoid buying the car out ourselves and waiting for the title. Does this sound logical for this situation?

Also, they are listing 115.00 as taxable fees and 1097.00 as non tax fees. Please let me know what you think these fees could be before I negotiate them down. They ALSO have the dealer prep fee listed separate.

Thank you!

kyfdx

billt18 said:

Does anyone know if Audi has fleet discount like BMW? Thanks!

No info on that. We've never heard of one, though I'm sure they have some "supplier" discount programs, like most makes.

kyfdx

scancell said:

Wife is exiting her current lease early. We will owe a few thousand on the lease when trading it in. Dealer states we can trade the car in and place the amount we owe on the car down as a down payment to avoid buying the car out ourselves and waiting for the title. Does this sound logical for this situation?

Also, they are listing 115.00 as taxable fees and 1097.00 as non tax fees. Please let me know what you think these fees could be before I negotiate them down. They ALSO have the dealer prep fee listed separate.

Thank you!

Are you sure the taxable and non-taxable amounts aren't the other way around?
You don't want to buy out a vehicle, then trade it in, as you'll be subject to sales tax. Trading it in is the way to go, as that absolves you of any lease-end charges.

Part of the fees is the $895 acquisition fee. That is unavoidable. If you see any other fees you think are excessive, try to negoitiate a lower sale price to make up for them.

scancell

Great thanks for that. Can you check my math?

MSRP: 63000
Sale price: 60000
Loyalty: 1000
Dealer fee: 700
Acquisition fee: 900
Tag fees: 400
Money down (which is the lease buy out): 6500

Trade in: 32000
Amount owed on trade in (lease buy out): 6500

Leasing at 12k/36mo
MF: .0021 and 60% residual

I am getting payments of 880/month

Thanks for your time.

Michaell

scancell said:

Great thanks for that. Can you check my math?

MSRP: 63000
Sale price: 60000
Loyalty: 1000
Dealer fee: 700
Acquisition fee: 900
Tag fees: 400
Money down (which is the lease buy out): 6500

Trade in: 32000
Amount owed on trade in (lease buy out): 6500

Leasing at 12k/36mo
MF: .0021 and 60% residual

I am getting payments of 880/month

Thanks for your time.

What number are you using for the cap cost? Are you rolling all the fees into it?

Why are you buying your lease out early?

scancell

I plugged numbers into Edmunds lease calculator. But it looks like cap cost is 60000 (which is just the sale price?)

All fees rolled in.

They said its 60% residual, but I know they cant change that, think it was a mistake. 3.0 premium plus.

Wife has never disliked anything more than her car. This is someone who never complains about anything. Has something to do with the smell and her feeling nauseous everything she gets in it....among other reasons.

Michaell

scancell said:

I plugged numbers into Edmunds lease calculator. But it looks like cap cost is 60000 (which is just the sale price?)

All fees rolled in.

They said its 60% residual, but I know they cant change that, think it was a mistake. 3.0 premium plus.

Wife has never disliked anything more than her car. This is someone who never complains about anything. Has something to do with the smell and her feeling nauseous everything she gets in it....among other reasons.

The cap cost would be the sale price plus all the taxes and fees added in.

Bummer about the wife not liking her current car.

ekh443

Is it safe to say that 10% off of MSRP is a good deal?

Michaell

ekh443 said:

Is it safe to say that 10% off of MSRP is a good deal?

Yes

billt18

I got Q7 quote from a local dealer. And there are two items SCADA2 #350 and AoA LA DAA #351 which costs $516 and $320. The dealer told me they are advertise expenses from Audi. In addition there is a $235 charge 'PREPARATION AND INSPECTION". I guess all these three fees are mark-up by the dealer, right? Should I continue deal with this dealer:( Thanks!!

Michaell

billt18 said:

I got Q7 quote from a local dealer. And there are two items SCADA2 #350 and AoA LA DAA #351 which costs $516 and $320. The dealer told me they are advertise expenses from Audi. In addition there is a $235 charge 'PREPARATION AND INSPECTION". I guess all these three fees are mark-up by the dealer, right? Should I continue deal with this dealer:( Thanks!!

The first two look to be legitimate costs from Audi to the dealer and are part of the invoice price of the car.

Is the Prep and Inspect also on the official paperwork, or is this something from the dealer?

Don't get in the weeds with the minutia; figure out the price you want to pay and offer that amount to the dealer. Trying to determine $X under or over invoice will just lead to frustration, as you will never know what the dealer paid for the car. Invoice price can be adjusted a dozen different ways, and most of them are hidden from the public.

billt18

Thank you for the advice!

kyfdx

billt18 said:

I got Q7 quote from a local dealer. And there are two items SCADA2 #350 and AoA LA DAA #351 which costs $516 and $320. The dealer told me they are advertise expenses from Audi. In addition there is a $235 charge 'PREPARATION AND INSPECTION". I guess all these three fees are mark-up by the dealer, right? Should I continue deal with this dealer:( Thanks!!

It looks like you might be offering $XXX over invoice. If that's the case, be prepared to pay whatever is on the dealer's invoice. That's a slippery slope to head down.

kenny_h_

ekh443 said:

Is it safe to say that 10% off of MSRP is a good deal?

Hi, could you share where are you getting 10% off MSRP on Q7?
I stopped by a local dealer, he said he can give us $750 discount on a $65k MSRP.

ekh443

kenny_h_ said:

ekh443 said:

Is it safe to say that 10% off of MSRP is a good deal?

Hi, could you share where are you getting 10% off MSRP on Q7?
I stopped by a local dealer, he said he can give us $750 discount on a $65k MSRP.

A dealer in the Los Angeles area. $750 off MSRP is not good at all. You can easily get at least 6% off MSRP on a 2017 right now.

sniogicar

Do you have numbers for a 2017 q7 prestige 36 months 7,500 and 10K miles in NY? Many thanks.

Michaell

sniogicar said:

Do you have numbers for a 2017 q7 prestige 36 months 7,500 and 10K miles in NY? Many thanks.

.00210 and 58% /57%

sniogicar

Thank you

billt18

Hello, I got a Q7 quote with 6% off in Los Angeles area. MF is .00165 with MSD, not too bad I guess. But a quick calculation on the interest confuses me. .0016 is equivalent to 3.84% interest rate. However, interest payment of (sale price-residual+tax) with 3.84% should only be $1400. But if I lower MF to 0 in lease calculator, the total payment is reduce by almost $6k, i.e. interest payment is $6k. What did I do wrong?:(

Michaell

billt18 said:

Hello, I got a Q7 quote with 6% off in Los Angeles area. MF is .00165 with MSD, not too bad I guess. But a quick calculation on the interest confuses me. .0016 is equivalent to 3.84% interest rate. However, interest payment of (sale price-residual+tax) with 3.84% should only be $1400. But if I lower MF to 0 in lease calculator, the total payment is reduce by almost $6k, i.e. interest payment is $6k. What did I do wrong?:(

Use this link to build your own lease calculator:

https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

kyfdx

billt18 said:

Hello, I got a Q7 quote with 6% off in Los Angeles area. MF is .00165 with MSD, not too bad I guess. But a quick calculation on the interest confuses me. .0016 is equivalent to 3.84% interest rate. However, interest payment of (sale price-residual+tax) with 3.84% should only be $1400. But if I lower MF to 0 in lease calculator, the total payment is reduce by almost $6k, i.e. interest payment is $6k. What did I do wrong?:(

Finance charges on a lease are assessed against an average of the CAP cost and residual. Your calculation only assesses it against depreciation.

billt18

Thanks for the information! I was thinking finance is only on the depreciation.

cduteau

Hello again.
Can you please share the current MF and residual for a 2017 2.0T Premium Plus for 36/10k and 12k in Vermont? Also, the current MF and residual for a 2017 3.0T Premium Plus for 36/10k and 12k in Vermont.
Thank you!

Michaell

cduteau said:

Hello again.
Can you please share the current MF and residual for a 2017 2.0T Premium Plus for 36/10k and 12k in Vermont? Also, the current MF and residual for a 2017 3.0T Premium Plus for 36/10k and 12k in Vermont.
Thank you!

36/12 numbers; add 1% for 10K

2.0T - .00187 and 60%
3.0T - .00210 and 61%

rjs_214

Looking to lease a Q7 3.0T Premium plus- could you please provide the MF and residual for 2017 and 2018 36/12k to compare? Also, the specifics on MSD (how many and amount of each and the MF reduction) Thank you in advance!

Michaell

rjs_214 said:

Looking to lease a Q7 3.0T Premium plus- could you please provide the MF and residual for 2017 and 2018 36/12k to compare? Also, the specifics on MSD (how many and amount of each and the MF reduction) Thank you in advance!

2017 - .00210 and 61%

We think MSD is 9 @ .00005 each

2018 Q7 lease thread is here:

https://forums.edmunds.com/discussion/46001/audi/q7/2018-audi-q7-lease-questions#latest

scancell

So the Q7 will be picked up this weekend. Can you check my math?

3.0 Premium Plus in Florida: 61 residual, MF .0021 at 36mo/12k


MSRP: 62935
Residual: 38390
Cap Cost: 58983
Fees: 1842 (dealer fee, acquisition fee, dmv fees)
Gross Cap: 60825
Incentive: 1000
Adjusted Cap: 59825
Depritiation: 21438

Base Payment: 595
Rent Charge: 206
Pretax Payment: 801

Total Payment (6% tax for Florida): 849

Drive off: First months payment


Thanks

kyfdx

scancell said:

So the Q7 will be picked up this weekend. Can you check my math?

3.0 Premium Plus in Florida: 61 residual, MF .0021 at 36mo/12k


MSRP: 62935
Residual: 38390
Cap Cost: 58983
Fees: 1842 (dealer fee, acquisition fee, dmv fees)
Gross Cap: 60825
Incentive: 1000
Adjusted Cap: 59825
Depritiation: 21438

Base Payment: 595
Rent Charge: 206
Pretax Payment: 801

Total Payment (6% tax for Florida): 849

Drive off: First months payment


Thanks

$196 for monthly rent charge.

$791.84+tax

kyfdx

scancell said:

So the Q7 will be picked up this weekend. Can you check my math?

3.0 Premium Plus in Florida: 61 residual, MF .0021 at 36mo/12k


MSRP: 62935
Residual: 38390
Cap Cost: 58983
Fees: 1842 (dealer fee, acquisition fee, dmv fees)
Gross Cap: 60825
Incentive: 1000
Adjusted Cap: 59825
Depritiation: 21438

Base Payment: 595
Rent Charge: 206
Pretax Payment: 801

Total Payment (6% tax for Florida): 849

Drive off: First months payment


Thanks

$196 for monthly rent charge.

$791.84+tax

scancell

Dealer sent this worksheet:

Selling price : 62,935
Discount: 2951
Rebate: 1000
Adjusted: 58983

Total : 58983
Doc Fee: 697

Taxable Fees: 115
Trade allow: 32000
Trade difference: 27796

Tax: 415

Non Tax Fees: 1097
Net Price: 29309
Trade Payoff: 38642
Balance: 67951


They are telling me with 6642 (the trade difference) down at 36/12k my payments will be 976.00
All fees rolled in (acquisition, cap cost red tax, dmv, dealer fee, 1st month) about 3295.00

I don't understand where they are getting this payment from, any idea? Last question I promise lol

kyfdx

scancell said:

Dealer sent this worksheet:

Selling price : 62,935
Discount: 2951
Rebate: 1000
Adjusted: 58983

Total : 58983
Doc Fee: 697

Taxable Fees: 115
Trade allow: 32000
Trade difference: 27796

Tax: 415

Non Tax Fees: 1097
Net Price: 29309
Trade Payoff: 38642
Balance: 67951


They are telling me with 6642 (the trade difference) down at 36/12k my payments will be 976.00
All fees rolled in (acquisition, cap cost red tax, dmv, dealer fee, 1st month) about 3295.00

I don't understand where they are getting this payment from, any idea? Last question I promise lol

The important question is, why are you trading, if you are $6642 under water on your current vehicle?