2016 Audi Q5 2.0T leasing question

ipic_0825ipic_0825 Member Posts: 9
edited January 2016 in Audi
I am looking at a 2016 Audi Q5T quattro tiptronic. Leasing for first time possibly. What is the current money factor and residual value I should be shooting for in a 36-39 month lease / 18,000 miles annually. i live in fort lauderdale, fl

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  • kyfdxkyfdx Moderator Posts: 253,065
    ipic_0825 said:

    I am looking at a 2016 Audi Q5T quattro tiptronic. Leasing for first time possibly. What is the current money factor and residual value I should be shooting for in a 36-39 month lease / 18,000 miles annually.

    2.0T or 3.0T?

    Premium, Premium Plus or Prestige?

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  • ipic_0825ipic_0825 Member Posts: 9
    edited January 2016
    2.0T, premium plus package. Also has technology package and 19" wheel package. The MSRP on the car I am looking at is $48,995. I have yet to negotiate price. Thinking I should be able to get it down by 6% or so... I live in Fort Lauderdale, FL if that makes a difference
  • ipic_0825ipic_0825 Member Posts: 9
    Thank you. I will let you know how it goes!
  • ipic_0825ipic_0825 Member Posts: 9
    edited January 2016
    This is the first pass I have from Audi for a 2016 Q5 2.0 Premium Plus

    MSRP: $48,995
    Sale Price: $46,241
    Residual: 54%
    Money Factor: .00146

    Same for 36 months/18K and for 39months/18K

    I plan to go in tomorrow to place an application. My credit score is very good, over 800. Does this help with money factor?

    What additional fees will I be seeing? Any negotiable? Do they get paid up front or built into the lease?

  • ipic_0825ipic_0825 Member Posts: 9
    So you overall consider this a good deal? Any fees I should be wary of? I have never leased before...
  • q5chicagoq5chicago Member Posts: 23
    Hi, Did you buy Q5 and at what price ?
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