2016 Audi Q5 Premium Total Price, Residual, MF and Down Payment?
caughtntherain
Member Posts: 2
In Seattle area looking at Audi Q5 Premium - 36 month, 12k mile lease and wondering what a great sell price, MF and cash down payment would look like.
So far I have a tentative quote at $4,500 down, 12k miles, 36 mos, $549/mo. Seems the down is more than it should be and the money factor hasn't yet been disclosed (just hasn't come up from my side of the Q&A yet).
First time leasing and the goal will be to buy it after 36 months so residual value is still unknown as well. Any help/info would be greatly appreciated.
So far I have a tentative quote at $4,500 down, 12k miles, 36 mos, $549/mo. Seems the down is more than it should be and the money factor hasn't yet been disclosed (just hasn't come up from my side of the Q&A yet).
First time leasing and the goal will be to buy it after 36 months so residual value is still unknown as well. Any help/info would be greatly appreciated.
0
Comments
The residual isn't unknown. It's fixed at 58% of MSRP. Of course, we can't calculate a payment, because you haven't provided the MSRP. Generally, we look for a 6% discount from MSRP, in addition to any other incentives.
How a lease is structured is up to you, not the dealer. They will quote big downpayments, so they can make the monthly seem smaller.
If your intention is to own the vehicle, it's usually financially advantageous to purchase it from the beginning. While the payments will be higher, you'll come out ahead in the end.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
36/30000 $480 total out of pocket $480 a month with taxes, started negotiating at the same deal they are offering you
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Price: 46300
Incentive: $1750
Due at signing $1795
Residual: 55%
MF: .00045
$585/mo
is this a good deal?
What state and tax rate?
2.0T or 3.0T?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
What is the selling price and/or adjusted CAP cost?
What state and tax rate?
2.0T or 3.0T?
46300 is the selling price. The taxes are included in the $585. Its a 2.0
Okay.. then what is the MSRP?
Still need to know the state and tax rate, if you want an opinion.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator