2017 Audi Q7 Lease Deals and Prices

norman_sky

Test drove 2017 Q7 and liked it. Any one has idea about the lease terms? Premium Plus trim.

I searched the old Q7 thread and saw RV for 36/10 is around 55% ...

kyfdx

norman_sky said:

Test drove 2017 Q7 and liked it. Any one has idea about the lease terms? Premium Plus trim.

I searched the old Q7 thread and saw RV for 36/10 is around 55% ...

No info on that model, yet

ven7782

norman_sky said:

Test drove 2017 Q7 and liked it. Any one has idea about the lease terms? Premium Plus trim.

I searched the old Q7 thread and saw RV for 36/10 is around 55% ...

I too am waiting for more info on the new 2017 Q7. Unless the 2017 Q7 hit the dealership there won't be any information available. Is the virtual cockpit available on the premium plus model?

saint_cabbage

We have a deposit on one at the port with a conditional deposit as the rates aren't out yet. Any idea when Audi will have the lease details for this car?

Michaell

saint_cabbage said:

We have a deposit on one at the port with a conditional deposit as the rates aren't out yet. Any idea when Audi will have the lease details for this car?

It's possible they will be released with the rest of the January numbers later this week.

yungi

they're in stock. anybody have the money factor for a 3 year lease? and 2 year lease?

Michaell

yungi said:

they're in stock. anybody have the money factor for a 3 year lease? and 2 year lease?

Yes, yes I do.

.00243 MF and 66% for 24/15 (Premium or Premium Plus) or 64% (Prestige)

Subtract 7% from the residual for 36/15

saint_cabbage

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Michaell

saint_cabbage said:

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Add 2% for 12K and 3% for 10K.

The MF is for any lease term up to 36 months .. the 39 month MF is .00020 higher (!)

New car, high demand = high MF.

saint_cabbage

Hey I get it, but I can lease a car that's 20k more for less than that with that kind of MF in play... thanks for the numbers!

Michaell

saint_cabbage said:

Hey I get it, but I can lease a car that's 20k more for less than that with that kind of MF in play... thanks for the numbers!

Yep, exactly. GL450, anyone?

saint_cabbage

Michaell said:

saint_cabbage said:

Hey I get it, but I can lease a car that's 20k more for less than that with that kind of MF in play... thanks for the numbers!

Yep, exactly. GL450, anyone?

Yeah really, that Lexus LX for $999/mo. for a $91k car is looking pretty damn appealing right now.

ven7782

Michaell said:

saint_cabbage said:

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Add 2% for 12K and 3% for 10K.

The MF is for any lease term up to 36 months .. the 39 month MF is .00020 higher (!)

New car, high demand = high MF.

That's definitely discouraging. There is no way I am paying that kind of MF. Has anyone tried to get any discount on the new Q7?

Michaell

ven7782 said:

Michaell said:

saint_cabbage said:

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Add 2% for 12K and 3% for 10K.

The MF is for any lease term up to 36 months .. the 39 month MF is .00020 higher (!)

New car, high demand = high MF.

That's definitely discouraging. There is no way I am paying that kind of MF. Has anyone tried to get any discount on the new Q7?

My guess is that the early adopters will gladly pay the MF premium and not expect to get much of a discount from sticker until more inventory is available to choose from.

Folks on the XC90 board have been saying the same thing for quite a few months, now. They've all been hoping the release of the new '17 Q7 will finally force Volvo dealers to discount more.

We will see.

Testing123

Michaell said:

ven7782 said:

Michaell said:

saint_cabbage said:

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Add 2% for 12K and 3% for 10K.

The MF is for any lease term up to 36 months .. the 39 month MF is .00020 higher (!)

New car, high demand = high MF.

That's definitely discouraging. There is no way I am paying that kind of MF. Has anyone tried to get any discount on the new Q7?

My guess is that the early adopters will gladly pay the MF premium and not expect to get much of a discount from sticker until more inventory is available to choose from.

Folks on the XC90 board have been saying the same thing for quite a few months, now. They've all been hoping the release of the new '17 Q7 will finally force Volvo dealers to discount more.

We will see.

Michaell: I am one of those guys from XC90 forum. One dealer wrote this like 5 seconds ago to me when I pointed to Q7 and XC90 etc.
______
If you want an Inscription XC90, they are still on a order basis. (possibly I could find one, just depends on equip)
As far as comparing prices to the Audi Q7, if you compare ''APPLE to APPLES'' the XC90 will come in about $8-10,000 less. I will tell you the Inscription is being discounted but not @ invoice... It is the MotorTrend SUV of the Year! We re also offering 1.9%.
__________

Testing123

ven7782 said:

Michaell said:

saint_cabbage said:

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Add 2% for 12K and 3% for 10K.

The MF is for any lease term up to 36 months .. the 39 month MF is .00020 higher (!)

New car, high demand = high MF.

That's definitely discouraging. There is no way I am paying that kind of MF. Has anyone tried to get any discount on the new Q7?

Michaell,

I am confused which post to read to add and subtract. Kindly provide the following please:

2017 Q7
Premium/P Plus:
36/10 = MF & RV
36/12 = MF & RV
Prestige:
36/10 = MF & RV
36/12 = MF & RV

Thanks a ton

Michaell

Testing123 said:

ven7782 said:

Michaell said:

saint_cabbage said:

How about 36/10 and 36/12? Does Audi do 39 mo. leases?

PS - that MF is god awful... maybe because it's 24 mo.?

Add 2% for 12K and 3% for 10K.

The MF is for any lease term up to 36 months .. the 39 month MF is .00020 higher (!)

New car, high demand = high MF.

That's definitely discouraging. There is no way I am paying that kind of MF. Has anyone tried to get any discount on the new Q7?

Michaell,

I am confused which post to read to add and subtract. Kindly provide the following please:

2017 Q7
Premium/P Plus:
36/10 = MF & RV
36/12 = MF & RV
Prestige:
36/10 = MF & RV
36/12 = MF & RV

Thanks a ton

36/12 numbers:
Prem / Prem + - .00243 and 61%
Prestige - .00243 and 59%

Add 1% to the 12K residual for 10K

Testing123

Thanks Michaell

ven7782

Michaell the 2015 premium plus for 36/12 had 55% residual. Since the new Q7 is 61% the increase in MF is mitigated by the higher residual right? I am new to leasing so still trying to understand the details.

Michaell

ven7782 said:

Michaell the 2015 premium plus for 36/12 had 55% residual. Since the new Q7 is 61% the increase in MF is mitigated by the higher residual right? I am new to leasing so still trying to understand the details.

That is correct. The ideal situation is a high residual coupled with a low MF. Worst is a high MF and a low residual.

I suspect that the 2017 Q7 will lease worse than the outgoing model, given the discounts from sticker you can negotiate.

Testing123

I got the following numbers from a dealer in PA for Q7 on a 10K miles lease.
36 months: 60% residual. Money Factor is: .00243
39 months: 58% residual. Money Factor is: .00263
42 months: 56% residual. Money Factor is: .00263
48 months: 53% residual. Money Factor is: .00264

The above numbers appear to be in sync with the one Michaell provided.
In other words, Audi does not want you to get their cars at this rate.
or they want to charge new customers more money to pay EPA fines for fake software.

Michaell

Testing123 said:

I got the following numbers from a dealer in PA for Q7 on a 10K miles lease.
36 months: 60% residual. Money Factor is: .00243
39 months: 58% residual. Money Factor is: .00263
42 months: 56% residual. Money Factor is: .00263
48 months: 53% residual. Money Factor is: .00264

The above numbers appear to be in sync with the one Michaell provided.
In other words, Audi does not want you to get their cars at this rate.
or they want to charge new customers more money to pay EPA fines for fake software.

Or, they are looking to maximize their profit on what they believe is a new a desirable model.

Gotta pay to play.

saint_cabbage

I'm getting quoted .00275 and 61% residual on a 36/12 prestige... kind of makes me throw up in my mouth a little...

ven7782

The higher residuals coupled with higher MF is making me think to go for purchase rather than lease. One can easily get financing below 2% APR (CS > 750)

Testing123

ven7782 said:

The higher residuals coupled with higher MF is making me think to go for purchase rather than lease. One can easily get financing below 2% APR (CS > 750)

Might make sense if you plan on keeping the vehicle at least 60 months. I am not sure if this world will be around 60 months from now with so many crazy things going on. Ask Kim of North Korea
Perhaps waiting a few months might bring the MF down. The other issue with luxury brands and purchasing is the repairs will start to pop up after the mfg warranty runs out. And they can be quite expensive. Which is why I am leaning towards leasing.

ven7782

Testing123 said:

ven7782 said:

The higher residuals coupled with higher MF is making me think to go for purchase rather than lease. One can easily get financing below 2% APR (CS > 750)

Might make sense if you plan on keeping the vehicle at least 60 months. I am not sure if this world will be around 60 months from now with so many crazy things going on. Ask Kim of North Korea
Perhaps waiting a few months might bring the MF down. The other issue with luxury brands and purchasing is the repairs will start to pop up after the mfg warranty runs out. And they can be quite expensive. Which is why I am leaning towards leasing.

If you do the Math, You can purchase with financing use it for the term of your intended lease period and sell it yourself in the open market. You will save significantly over leasing. If you don't want that hassle then yes leasing makes sense. I am thinking of waiting for 6 months for the MF to be respectable.

saint_cabbage

ven7782 said:

Testing123 said:

ven7782 said:

The higher residuals coupled with higher MF is making me think to go for purchase rather than lease. One can easily get financing below 2% APR (CS > 750)

Might make sense if you plan on keeping the vehicle at least 60 months. I am not sure if this world will be around 60 months from now with so many crazy things going on. Ask Kim of North Korea
Perhaps waiting a few months might bring the MF down. The other issue with luxury brands and purchasing is the repairs will start to pop up after the mfg warranty runs out. And they can be quite expensive. Which is why I am leaning towards leasing.

If you do the Math, You can purchase with financing use it for the term of your intended lease period and sell it yourself in the open market. You will save significantly over leasing. If you don't want that hassle then yes leasing makes sense. I am thinking of waiting for 6 months for the MF to be respectable.

Honestly, most people can't afford to do that, that's why they are leasing in the first place.

Testing123

ven7782 said:

Testing123 said:

ven7782 said:

The higher residuals coupled with higher MF is making me think to go for purchase rather than lease. One can easily get financing below 2% APR (CS > 750)

Might make sense if you plan on keeping the vehicle at least 60 months. I am not sure if this world will be around 60 months from now with so many crazy things going on. Ask Kim of North Korea
Perhaps waiting a few months might bring the MF down. The other issue with luxury brands and purchasing is the repairs will start to pop up after the mfg warranty runs out. And they can be quite expensive. Which is why I am leaning towards leasing.

If you do the Math, You can purchase with financing use it for the term of your intended lease period and sell it yourself in the open market. You will save significantly over leasing. If you don't want that hassle then yes leasing makes sense. I am thinking of waiting for 6 months for the MF to be respectable.

Selling in open market is no easy for a car that price. I have a 2011 Highlander SE in impeccable condition with 39K miles. Priced it right and am finding it hard to sell in the open market. Rather than struggle, I have decided to trade in and get at least the tax benefit. You know that when you trade in, you are to pay taxes only on the difference. Q7 $60K, highlander $25K, you pay taxes on $35K.

Testing123

My Subjective Review of Q7: Guys I just test drove a Q7 at a dealer nearby.

Pros:
1. Awesome driving dynamics
2. This SUV drives like a sports car
3. The initial speed, acceleration, and the vehicle control during sharp turns - all are awesome and delightful.
...but that is where it stops for me.

Cons:
1. Extremely obstructive Nav screen which cuts into the forward visibility and can be quite distracting. My wife found it quite distracting more than me. The salesman that was accompanying us during the drive said that a few people have issues with Nav and suggested that we tuck it in.
2. The Nav screen is not touch. So, you have to operate using a trackpad or something similar. My 6 year old car has a touch screen Nav which works even with my gloves on.
3. Looks. From the front, it looks great and from the rear, it looks like a Van. It has all the van characteristics if you see it from the back. Too low.
4. Totally unusable third row. I strongly urge you or your children to sit in the third row. Uncomfortable is an understatement. It is usable for a kid under 6.
5. Overly pricey options. For $65000 for a Premium Plus, you will NOT get Audi's premium leather or premium audio. Cold and Warm weather features are NOT standard even on an intermediate trim. The signature Audi LED lights are not Standard on Premium Plus. And many more that you need to add as options/packages, which can make the vehicle quite expensive. The standard leather seats feel cheap and rough.
6. The cockpit/instrument cluster is convoluted and confusingly arranged.
7. Rear Side Bags are an option for $250 or $300. Crazy. Why is this not a standard? Air bags. They know everyone will choose it so they get to make some money off of it. What is next - car comes with front seats only and the rear seats are an option???????

I now see Q7 as a five seater, not seven.
I ended up ordering Volvo XC90. For $63500, I ended up getting the top-of-the-line Inscription with Nappa Leather ventilated seats, Air suspension, climate, vision, convenience packages, Apple Carplay, and Bowers/Wilkins Premium Sound w/CD player. And a totally usable third row for Adults not just kids.

ven7782

I cannot believe these so called German luxury cars have still not introduced touch screen navigation. The Japanese cars have had it since 2008. 2017 Q7 has screwed up its looks from the rear. They have shorten the length so the third row was expected to be a disaster.

Is the virtual cockpit available in Premium plus? I am now having second thoughts on the 2017 Q7. I have heard in various forums how the XC90 beats the Q7 hands down.

Testing123

ven7782 said:

I cannot believe these so called German luxury cars have still not introduced touch screen navigation. The Japanese cars have had it since 2008. 2017 Q7 has screwed up its looks from the rear. They have shorten the length so the third row was expected to be a disaster.

Is the virtual cockpit available in Premium plus? I am now having second thoughts on the 2017 Q7. I have heard in various forums how the XC90 beats the Q7 hands down.

After driving both vehicles within a few hours of each other, XC90 wins handsdown in all aspects. Virtual Cockpit is part of Vision Package on P Plus and Standard on Prestige.
http://www.stuff.co.nz/motoring/nz-autocar/75227066/head-to-head-volvo-xc90-v-audi-q7-comparison-test

Testing123

EuroNCAP Crash Test Ratings

huntm2000

Virtual cockpit is the Vision package. It can be added as an option to the Premium Plus Package, or the other option is to get the Prestige Package which includes the Vision package, 20" wheels, cold weather pkg, and the warm weather package.

huntm2000

I drove the XC90, the new Q7, and the Acura MDX. I thought the Q7 by far blew the doors off of the XC90 and the MDX. The Q7 rocks! I ended up purchasing a 2017 Q7 Prestige and love it. Keep finding excuses to go out and drive it.

huntm2000

Btw, the pictures you see of the Q7 on the web are misleading, they are mostly of the European version, which is lower, less aggressive grill, and more like a wagon. You have to see the 2017 in person to realize how good it looks. The hardest decision is which color

ven7782

I did test drive the new Q7 over the weekend and I loved it. The new looks that everyone is complaining about seems a bit exaggerated. I loved the looks and the handling. However i am disappointed that a number of options are left out of Premium plus. Also Audi put the 3rd row a bit too close to the 2nd row rendering it useless for adults. Still overall I liked the Q7 better. However there are absolutely no discounts available and its priced at MSRP. Did you get any discount on yours?

huntm2000

I did get a nice discount on the car. I get Audi Supplier discount (6% off of MSRP) as well as the $500 Audi Loyalty credit, So I got the car for a little of $5000 off. Most people are paying sticker right now on the Q7, but I think its probably possible to get at least a $1000 discount off MSFP if you go to the table to deal on the car you want.

ven7782

There are some dealers who are offering the supplier discount. The dealer I went to did not and I just walked off. If I don't get the supplier discount I will just wait a few months as I am sure once the early adopters craze wanes the dealers will start offering it.

Michaell

ven7782 said:

There are some dealers who are offering the supplier discount. The dealer I went to did not and I just walked off. If I don't get the supplier discount I will just wait a few months as I am sure once the early adopters craze wanes the dealers will start offering it.

Exactly. At some point supply will be bigger than demand and then you'll start to see discounting from sticker.

vbchells4

Just leased a 2017 q7 premium yesterday. Posting here in case it helps anyone. 
Sticker $58750
$4000 down, 42 months, 10k miles/year $590/month +tax. (In LA my total payment is $640/month). 
The residual through the us bank (need excellent credit) lease on this model was 62% and you will have to do reverse math to find MF. 

ven7782

Did you pay sticker price on the lease? Need to know the agreed upon price to calculate the MF.

Michaell

ven7782 said:

Did you pay sticker price on the lease? Need to know the agreed upon price to calculate the MF.

And the breakdown of the $4000 due at signing .. how much (if any) of that was for cap cost reduction (down payment)?

vbchells4

Yes the agreed upon price was sticker plus the Audi acquisition fee. I tried for hours to get them to budge and the best I got was $10/month lower than the advertised US bank lease special. I had it printed up and it says $599 with $4k due at signing. I'm not sure what that 4K was applied to exactly I don't have it in front of me. But I didn't have a trade in or anything else to affect the lease special. I ended up with $590/month plus tax.  I haven't heard anyone drive this car yet with that low of a payment but who knows... Either way, I'm in love. 

Michaell

vbchells4 said:

Yes the agreed upon price was sticker plus the Audi acquisition fee. I tried for hours to get them to budge and the best I got was $10/month lower than the advertised US bank lease special. I had it printed up and it says $599 with $4k due at signing. I'm not sure what that 4K was applied to exactly I don't have it in front of me. But I didn't have a trade in or anything else to affect the lease special. I ended up with $590/month plus tax.  I haven't heard anyone drive this car yet with that low of a payment but who knows... Either way, I'm in love. 

Congrats on the new Q7!

You'll enjoy driving it far longer than any issues you may have had on the financial dealings.

socal1024

Be careful with a US Bank lease, although your residual on a 42 mo seems really high. I just returned a 2013 Range Rover Sport, well under our milage, my buy out was $36k, Audi dealer offered $39.5, US Bank refused to sell to them at the buyout. I've done this with several other cars and never had this problem.

They had the nerve to ask $39k if we leased with US Bank and $43k if not!!!

Something to think about when you chose who to lease from, if you don't drive the miles or the residual isn't artificially low (like my 550 BMW) then you are leaving money on the table with US Bank.

Our new 2015 Q7 has a 51% residual, we don't drive all that much so I am sure they will be some equity left over that we'll roll into our next lease.

Never again with US Bank, don't care the savings.

vbchells4

Hey, thanks for the info. Question... on all my leases, i usually take them to carmax and sell them for more than my payoff. Are you saying that if I try to have carmax buy my car and they offer me more than my $36,400 pay off, US Bank won't sell it to them? What would prevent me from just paying it off myself then turning around and selling it to carmax and pocketing the profit? the US bank lease was literally hundreds of dollars a month less than the audi financial lease.

kyfdx

vbchells4 said:

Hey, thanks for the info. Question... on all my leases, i usually take them to carmax and sell them for more than my payoff. Are you saying that if I try to have carmax buy my car and they offer me more than my $36,400 pay off, US Bank won't sell it to them? What would prevent me from just paying it off myself then turning around and selling it to carmax and pocketing the profit? the US bank lease was literally hundreds of dollars a month less than the audi financial lease.

If you buy it yourself, you have to pay sales tax on it, even if you flip it to CarMax

socal1024

vbchells4 said:

Hey, thanks for the info. Question... on all my leases, i usually take them to carmax and sell them for more than my payoff. Are you saying that if I try to have carmax buy my car and they offer me more than my $36,400 pay off, US Bank won't sell it to them? What would prevent me from just paying it off myself then turning around and selling it to carmax and pocketing the profit? the US bank lease was literally hundreds of dollars a month less than the audi financial lease.

That's exactly what I'm telling you. Was considering an LR4 Land Rover, they called US Bank and US Bank told them $39k if I lease another car from US Bank or $43k if I didn't. Buy out for me was $36k.

In CA with sales tax I was looking at $39k to buy the car after tax and their fees. Screwed me out of $3k. Never again.

socal1024

And also, if you want to buy it, you need to send them the money and they said you'd get title in 2-4 weeks.

ven7782

Buying a leased car at the end of lease is always a losing proposition. Lease only if you intend to return the car.

vbchells4

I usually intend to return my leases, but it just so happened on my 2012 Evoque, Carmax offered me $5,000 more than my payoff. I sold it to them a month before my lease was over and made a profit (even though i was over on my miles). I read online that in california you have 10 days to resell a car and avoid paying the tax. Is that not the case? Either way, I appreciate the info on the US Bank lease. I read tons of horrible reviews about them online. I will likely return the car at the end to avoid any funny business. Thanks again, everyone.