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2017 Audi Q5 Lease Questions

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  • nono002nono002 Member Posts: 5
    kyfdx said:

    nono002 said:

    I'm negotiating a lease with a Chicago area dealership for 2017 Q5 Premium Plus/Season of Audi.

    They showed me an offer sheet with some information, but as I'm analyzing there are a few areas that I am unable to figure out.

    1. Is cash down always the minimum cap cost adjustment you should see? (ex. assuming you had no rebates or allowances, if you but $2k down your cap adjustment should be at least $2k?) If not, can you explain why your cap adjustment would be lower than your down if all other fees are being calculated within your gross cap cost?

    2. Anyone understand how taxes are applied in Chicago? It seems there is a 'sales' tax and a use tax. So in the offer sheet we see a tax amount (let's say $2000 or so give or take $500) and then there is a tax on top of the loan payment (so payment of x = lease financing for net cap cost + interest/term... then its payment plus another tax amount). It seems like double taxation?

    Any insight would be much appreciated!

    1) Is it "$2000 down", or is it "$2000 due at signing"?
    If it's $2000 due at signing, part of that pays for the first payment, title/registration, etc, etc.. So, the CAP reduction is only the money leftover, after upfront items are paid for. So, even if all of the fee/taxes are paid upfront, your first payment will still come out of your "due at signing" money, making the CAP reduction less than that amount. (Oh yeah, don't forget about sales tax on your CAP reduction. That will also reduce it).

    2) Illinois sales taxes are assessed against the sum of the lease payments, and collected upfront.
    Chicago also has a use/sales tax, and it's a percentage added to the monthly payments (and collected monthly). Total tax in the city runs about 17%. It's a lot.

    1. Good Question. We were describing it as "down"... they have it listed as "drive away".

    So here are more specific data points that I cannot seem to reconcile;

    As a starting point, our factors are; .00060 MF, 10k miles, 36 month lease, 4k "down"... they have the 4k listed as "customer cash" OR "drive away"

    Cash Sale Price; $44600
    Acq Fee; $795
    Doc Fee; $172.15
    State Tax; $1662.45

    Vehicle Total; $47,289.60

    License Fee; $101
    State Title; $95
    State Transfer; $25

    Total Cap; $47,510.60
    Cap Reduction; $2889.05
    Adj Cap; $44621.55

    Monthly PMT; $528.88
    Tax; $47.60
    total monthly pmt; $576.40

    This is all the information that was given and I am trying to reconcile the payment with the given interest rate (MF x 2400), tax rates (I believe it is 9.5 % purchase, 8% month), and the capital costs given the fees they are disclosing at this point. It appears to me that we are financing all the fees, yet our cap reduction is less than our down payment. I'm not sure where the $1100 is going?

    Any thoughts here?
    Are there fees we are not seeing? Or simply doing math wrong?

    Thanks
  • nono002nono002 Member Posts: 5
    nono002 said:

    kyfdx said:

    nono002 said:

    I'm negotiating a lease with a Chicago area dealership for 2017 Q5 Premium Plus/Season of Audi.

    They showed me an offer sheet with some information, but as I'm analyzing there are a few areas that I am unable to figure out.

    1. Is cash down always the minimum cap cost adjustment you should see? (ex. assuming you had no rebates or allowances, if you but $2k down your cap adjustment should be at least $2k?) If not, can you explain why your cap adjustment would be lower than your down if all other fees are being calculated within your gross cap cost?

    2. Anyone understand how taxes are applied in Chicago? It seems there is a 'sales' tax and a use tax. So in the offer sheet we see a tax amount (let's say $2000 or so give or take $500) and then there is a tax on top of the loan payment (so payment of x = lease financing for net cap cost + interest/term... then its payment plus another tax amount). It seems like double taxation?

    Any insight would be much appreciated!

    1) Is it "$2000 down", or is it "$2000 due at signing"?
    If it's $2000 due at signing, part of that pays for the first payment, title/registration, etc, etc.. So, the CAP reduction is only the money leftover, after upfront items are paid for. So, even if all of the fee/taxes are paid upfront, your first payment will still come out of your "due at signing" money, making the CAP reduction less than that amount. (Oh yeah, don't forget about sales tax on your CAP reduction. That will also reduce it).

    2) Illinois sales taxes are assessed against the sum of the lease payments, and collected upfront.
    Chicago also has a use/sales tax, and it's a percentage added to the monthly payments (and collected monthly). Total tax in the city runs about 17%. It's a lot.

    1. Good Question. We were describing it as "down"... they have it listed as "drive away".

    So here are more specific data points that I cannot seem to reconcile;

    As a starting point, our factors are; .00060 MF, 10k miles, 36 month lease, 4k "down"... they have the 4k listed as "customer cash" OR "drive away"

    Cash Sale Price; $44600
    Acq Fee; $795
    Doc Fee; $172.15
    State Tax; $1662.45

    Vehicle Total; $47,289.60

    License Fee; $101
    State Title; $95
    State Transfer; $25

    Total Cap; $47,510.60
    Cap Reduction; $2889.05
    Adj Cap; $44621.55

    Monthly PMT; $528.88
    Tax; $47.60
    total monthly pmt; $576.40

    This is all the information that was given and I am trying to reconcile the payment with the given interest rate (MF x 2400), tax rates (I believe it is 9.5 % purchase, 8% month), and the capital costs given the fees they are disclosing at this point. It appears to me that we are financing all the fees, yet our cap reduction is less than our down payment. I'm not sure where the $1100 is going?

    Any thoughts here?
    Are there fees we are not seeing? Or simply doing math wrong?

    Thanks
    Sorry, also, the residual is $27,131
  • kyfdxkyfdx Moderator Posts: 266,526
    nono002 said:

    kyfdx said:

    nono002 said:

    I'm negotiating a lease with a Chicago area dealership for 2017 Q5 Premium Plus/Season of Audi.

    They showed me an offer sheet with some information, but as I'm analyzing there are a few areas that I am unable to figure out.

    1. Is cash down always the minimum cap cost adjustment you should see? (ex. assuming you had no rebates or allowances, if you but $2k down your cap adjustment should be at least $2k?) If not, can you explain why your cap adjustment would be lower than your down if all other fees are being calculated within your gross cap cost?

    2. Anyone understand how taxes are applied in Chicago? It seems there is a 'sales' tax and a use tax. So in the offer sheet we see a tax amount (let's say $2000 or so give or take $500) and then there is a tax on top of the loan payment (so payment of x = lease financing for net cap cost + interest/term... then its payment plus another tax amount). It seems like double taxation?

    Any insight would be much appreciated!

    1) Is it "$2000 down", or is it "$2000 due at signing"?
    If it's $2000 due at signing, part of that pays for the first payment, title/registration, etc, etc.. So, the CAP reduction is only the money leftover, after upfront items are paid for. So, even if all of the fee/taxes are paid upfront, your first payment will still come out of your "due at signing" money, making the CAP reduction less than that amount. (Oh yeah, don't forget about sales tax on your CAP reduction. That will also reduce it).

    2) Illinois sales taxes are assessed against the sum of the lease payments, and collected upfront.
    Chicago also has a use/sales tax, and it's a percentage added to the monthly payments (and collected monthly). Total tax in the city runs about 17%. It's a lot.

    1. Good Question. We were describing it as "down"... they have it listed as "drive away".

    So here are more specific data points that I cannot seem to reconcile;

    As a starting point, our factors are; .00060 MF, 10k miles, 36 month lease, 4k "down"... they have the 4k listed as "customer cash" OR "drive away"

    Cash Sale Price; $44600
    Acq Fee; $795
    Doc Fee; $172.15
    State Tax; $1662.45

    Vehicle Total; $47,289.60

    License Fee; $101
    State Title; $95
    State Transfer; $25

    Total Cap; $47,510.60
    Cap Reduction; $2889.05
    Adj Cap; $44621.55

    Monthly PMT; $528.88
    Tax; $47.60
    total monthly pmt; $576.40

    This is all the information that was given and I am trying to reconcile the payment with the given interest rate (MF x 2400), tax rates (I believe it is 9.5 % purchase, 8% month), and the capital costs given the fees they are disclosing at this point. It appears to me that we are financing all the fees, yet our cap reduction is less than our down payment. I'm not sure where the $1100 is going?

    Any thoughts here?
    Are there fees we are not seeing? Or simply doing math wrong?

    Thanks
    Now it's $4000? In your first post it was $2000?

    Anyway..

    $4000 Due at signing (drive -away, startups... whatever they want to call it)
    - $576.40 (1st payment)
    - $505 (tax on $2889 cap reduction)
    = not exactly $2889, but I'm estimating the tax.

    Any CAP reductions reduce the taxable payments, so they are taxed upfront.

    (adjusted CAP cost + residual) X MF = Monthly finance charge
    Don't try to convert it to an APR, as that won't help you calculate it.

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  • nlclhc1nlclhc1 Member Posts: 77
    Hi, what are the numbers and incentives for a 2017 Q5 2.0 AWD P+ for 36/7500 in Indiana now?

    Thanks 
  • MichaellMichaell Moderator Posts: 262,918
    nlclhc1 said:

    Hi, what are the numbers and incentives for a 2017 Q5 2.0 AWD P+ for 36/7500 in Indiana now?

    Thanks 

    .00060 and 57%
    $1000 marketing allowance

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  • ihuntsmanihuntsman Member Posts: 9
    2017 AUDI Q5 PREMIUM PLUS

    MSRP : 48980. Selling price : 45525

    36 months. 10000 miles.

    $0 down

    all fees, registration and taxes rolled into the lease.

    Monthly payment includes tax $655.00 a month.

    What can we do better?

    Thanks advance.

  • MichaellMichaell Moderator Posts: 262,918
    ihuntsman said:

    2017 AUDI Q5 PREMIUM PLUS

    MSRP : 48980. Selling price : 45525

    36 months. 10000 miles.

    $0 down

    all fees, registration and taxes rolled into the lease.

    Monthly payment includes tax $655.00 a month.

    What can we do better?

    Thanks advance.

    .00060 and 56%

    What is the net cap cost, with all taxes and fees rolled in?

    State and tax rate?

    You are getting 7% off sticker, which is decent for an Audi. However, with the new 2018 Q5's hitting the lots, dealers might be more aggressive to get the old model off the lot.

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  • ihuntsmanihuntsman Member Posts: 9
    Hello there...

    MSRP : 48980. Selling price : 45525
    Sales Tax, 3185.00
    Dealer doc fee.399.00
    Registration fee. 245.00
    Other fees. 399.00
    Total : 49,753

    Monthly payment tax included at $ 655.00 per month.

    Many thanks for the reply




  • ihuntsmanihuntsman Member Posts: 9
    California Tax 7.75%

    Thanks in advance



  • MichaellMichaell Moderator Posts: 262,918
    ihuntsman said:

    Hello there...

    MSRP : 48980. Selling price : 45525
    Sales Tax, 3185.00
    Dealer doc fee.399.00
    Registration fee. 245.00
    Other fees. 399.00
    Total : 49,753

    Monthly payment tax included at $ 655.00 per month.

    Many thanks for the reply

    ihuntsman said:

    California Tax 7.75%

    Thanks in advance

    CA taxes the monthly payment, so the tax amount is irrelevant in your calculations.

    Ask the dealer for the adjusted cap cost.

    Was it $0 down or $0 out of pocket - they are not the same.

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  • ihuntsmanihuntsman Member Posts: 9

    CAP COST $44480

    $0 OUT OF POCKET






  • ihuntsmanihuntsman Member Posts: 9
    Thanks again




  • MichaellMichaell Moderator Posts: 262,918
    ihuntsman said:


    CAP COST $44480

    $0 OUT OF POCKET

    How can the cap cost be lower than the selling price, with $0 out of pocket?

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  • ihuntsmanihuntsman Member Posts: 9

    screen shows cap cost $44480

    $0 OUT OF POCKET includes first monthly payment, taxes, registration, acquisition fee, doc fee.

    $655.00 monthly payment includes tax





  • ihuntsmanihuntsman Member Posts: 9

    I appreciate your time





  • MichaellMichaell Moderator Posts: 262,918
    ihuntsman said:


    screen shows cap cost $44480

    $0 OUT OF POCKET includes first monthly payment, taxes, registration, acquisition fee, doc fee.

    $655.00 monthly payment includes tax

    Those up front costs are normal for a lease; none of which would lower the selling price.

    Could it be an incentive that is lowering the selling price? I would confirm that with the dealer.

    In fact, we recommend that you limit your up front monies to just the first payment, doc fee and registration. Add the acquisition fee into the cap cost and amortize it over the life of the lease.

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  • thehankthehank Member Posts: 99
    Do we have MF and residual for 36 months / 12k miles a year? for P+

    I am in Missouri. Thanks!
  • kyfdxkyfdx Moderator Posts: 266,526
    thehank said:

    Do we have MF and residual for 36 months / 12k miles a year? for P+

    I am in Missouri. Thanks!

    .00060/.00102 MF for 2.0/3.0 and 55% residual

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  • jp76109jp76109 Member Posts: 10
    Can I please get the numbers for 24/15 on 2.0 Prem? Incentives? In TX.
  • MichaellMichaell Moderator Posts: 262,918
    jp76109 said:

    Can I please get the numbers for 24/15 on 2.0 Prem? Incentives? In TX.

    .00060 and 60%

    $1000 marketing allowance

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  • gettingacar84gettingacar84 Member Posts: 7
    Hey guys,
    May I please also get the MF/RES numbers for the 2018 Q5 Premium and P+ in Florida 36/12K? Thanks a lot!
  • MichaellMichaell Moderator Posts: 262,918

    Hey guys,
    May I please also get the MF/RES numbers for the 2018 Q5 Premium and P+ in Florida 36/12K? Thanks a lot!

    The 2018 thread is here:

    https://forums.edmunds.com/discussion/45058/audi/q5/2018-audi-q5-lease-questions#latest

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  • fp10023fp10023 Member Posts: 14
    hi! i need help, confused on what i should be aiming for

    Q7 premium+ w/navi. tech package
    loaner car w//3,900 miles

    $39,800

    Residual is at 55% and money factor is at 0.0099

    i attached the document provided, if it can't be viewed ill repost #'s

    the MF and monthly payments seem high. id like to be in the high $300 for monthly, how do i get there (if possible)?

    thank you for help :)
  • fp10023fp10023 Member Posts: 14
    fp10023 said:

    hi! i need help, confused on what i should be aiming for

    Q7 premium+ w/navi. tech package
    loaner car w//3,900 miles

    $39,800

    Residual is at 55% and money factor is at 0.0099

    i attached the document provided, if it can't be viewed ill repost #'s

    the MF and monthly payments seem high. id like to be in the high $300 for monthly, how do i get there (if possible)?

    thank you for help :)



    i forgot to mention I'm in the was. d.c. area. can buy in maryland, va, or dc but am willing to buy in any state if it will get me a better deal
  • fp10023fp10023 Member Posts: 14
    fp10023 said:

    fp10023 said:

    hi! i need help, confused on what i should be aiming for

    Q7 premium+ w/navi. tech package
    loaner car w//3,900 miles

    $39,800

    Residual is at 55% and money factor is at 0.0099

    i attached the document provided, if it can't be viewed ill repost #'s

    the MF and monthly payments seem high. id like to be in the high $300 for monthly, how do i get there (if possible)?

    thank you for help :)



    i forgot to mention I'm in the was. d.c. area. can buy in maryland, va, or dc but am willing to buy in any state if it will get me a better deal
    and....are there any incentives i can utilize ?
  • kyfdxkyfdx Moderator Posts: 266,526
    @fp10023 Is this a Q7 or Q5?

    What is the original MSRP?

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  • fp10023fp10023 Member Posts: 14
    kyfdx said:
    @fp10023 Is this a Q7 or Q5? What is the original MSRP?
    I think the sticker said 41, 085 ,  it is a Q5. Do you mean the sticker for it became a "used car"?
  • fp10023fp10023 Member Posts: 14
    fp10023 said:
    kyfdx said:
    @fp10023 Is this a Q7 or Q5? What is the original MSRP?
    I think the sticker said 41, 085 ,  it is a Q5. Do you mean the sticker for it became a "used car"?
     I think before it became a used car  $47,725 
     As a used car $41,085 
  • fp10023fp10023 Member Posts: 14
    fp10023 said:
    kyfdx said:
    @fp10023 Is this a Q7 or Q5? What is the original MSRP?
    I think the sticker said 41, 085 ,  it is a Q5. Do you mean the sticker for it became a "used car"?
     I think before it became a used car  $47,725 
     As a used car $41,085 
  • MichaellMichaell Moderator Posts: 262,918
    fp10023 said:


    fp10023 said:


    kyfdx said:

    @fp10023 Is this a Q7 or Q5?

    What is the original MSRP?

    I think the sticker said 41, 085 ,  it is a Q5. Do you mean the sticker for it became a "used car"?

     I think before it became a used car  $47,725 
     As a used car $41,085 

    If it is a used car, then this becomes a CPO lease - we do not have the numbers for those programs.

    However, if this is a service loaner or demo vehicle that has never been titled, then it qualifies for the new car lease programs.

    Can you confirm which it is, in your case?

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  • fp10023fp10023 Member Posts: 14
    it was a service loaner, it was never titled
  • fp10023fp10023 Member Posts: 14
    Michaell said:

    fp10023 said:


    fp10023 said:


    kyfdx said:

    @fp10023 Is this a Q7 or Q5?

    What is the original MSRP?

    I think the sticker said 41, 085 ,  it is a Q5. Do you mean the sticker for it became a "used car"?

     I think before it became a used car  $47,725 
     As a used car $41,085 

    If it is a used car, then this becomes a CPO lease - we do not have the numbers for those programs.

    However, if this is a service loaner or demo vehicle that has never been titled, then it qualifies for the new car lease programs.

    Can you confirm which it is, in your case?


    it was a service loaner, it was never titled

  • MichaellMichaell Moderator Posts: 262,918
    fp10023 said:

    Michaell said:

    fp10023 said:


    fp10023 said:


    kyfdx said:

    @fp10023 Is this a Q7 or Q5?

    What is the original MSRP?

    I think the sticker said 41, 085 ,  it is a Q5. Do you mean the sticker for it became a "used car"?

     I think before it became a used car  $47,725 
     As a used car $41,085 
    If it is a used car, then this becomes a CPO lease - we do not have the numbers for those programs.

    However, if this is a service loaner or demo vehicle that has never been titled, then it qualifies for the new car lease programs.

    Can you confirm which it is, in your case?


    it was a service loaner, it was never titled



    .00060 and 55% are the base numbers for 36/10 on the 2.0T Q5 P+.

    So, MF is marked up.

    And, the residual value should be adjusted down to account for the miles. The rate is .15/mile, or $585

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  • fp10023fp10023 Member Posts: 14
    thank you for you help, I'm not computing correctly.
    can i get them to a high $300 monthly? if so, what is my target sale price
  • MichaellMichaell Moderator Posts: 262,918
    fp10023 said:

    thank you for you help, I'm not computing correctly.
    can i get them to a high $300 monthly? if so, what is my target sale price

    Audis do not lease well; unlikely to see a payment under $400/mo on a car that stickers for $47k

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  • fp10023fp10023 Member Posts: 14
    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high
  • fj40chifj40chi Member Posts: 15
    Still some 2017s around. Hoping for a deal. Lease terms and incentives on Prestige Plus 24 month - 7500 or 10000 miles. Thanks!
  • MichaellMichaell Moderator Posts: 262,918
    fj40chi said:

    Still some 2017s around. Hoping for a deal. Lease terms and incentives on Prestige Plus 24 month - 7500 or 10000 miles. Thanks!

    2.0T or 3.0T?

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  • MichaellMichaell Moderator Posts: 262,918
    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.

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  • fj40chifj40chi Member Posts: 15
    Michaell said:

    fj40chi said:

    Still some 2017s around. Hoping for a deal. Lease terms and incentives on Prestige Plus 24 month - 7500 or 10000 miles. Thanks!

    2.0T or 3.0T?
    2.0T. Located in Chicago.
  • fp10023fp10023 Member Posts: 14
    Michaell said:

    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.
    maryland
  • kyfdxkyfdx Moderator Posts: 266,526
    fj40chi said:

    Michaell said:

    fj40chi said:

    Still some 2017s around. Hoping for a deal. Lease terms and incentives on Prestige Plus 24 month - 7500 or 10000 miles. Thanks!

    2.0T or 3.0T?
    2.0T. Located in Chicago.
    .00060 MF and 63%/62% residual
    That's Premium Plus. There is no Prestige trim on the 2.0

    $1500 Bonus Cash
    $750 loyalty/conquest

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  • fp10023fp10023 Member Posts: 14
    Michaell said:

    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.


    the above is the latest price point--does this look like a good price and proper breakdown?
  • kyfdxkyfdx Moderator Posts: 266,526
    fp10023 said:

    Michaell said:

    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.


    the above is the latest price point--does this look like a good price and proper breakdown?
    .00060 MF and 55% residual for 36/10.

    That quote doesn't disclose the money factor, or show the $895 acquisition fee or monthly sales tax.

    You need that information to check the calculations.

    But, $499/mo, with $499 due at signing looks pretty reasonable.

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  • fp10023fp10023 Member Posts: 14
    kyfdx said:

    fp10023 said:

    Michaell said:

    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.


    the above is the latest price point--does this look like a good price and proper breakdown?
    .00060 MF and 55% residual for 36/10.

    That quote doesn't disclose the money factor, or show the $895 acquisition fee or monthly sales tax.

    You need that information to check the calculations.

    But, $499/mo, with $499 due at signing looks pretty reasonable.
    the MF is .0008. do you think there is anywhere else to reduce the cost?

    Is there a list of cars with the highest residual value anywhere? I would like to find something INEXPENSIVE for my son, a car he can manage the payments on
  • MichaellMichaell Moderator Posts: 262,918
    fp10023 said:

    kyfdx said:

    fp10023 said:

    Michaell said:

    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.


    the above is the latest price point--does this look like a good price and proper breakdown?
    .00060 MF and 55% residual for 36/10.

    That quote doesn't disclose the money factor, or show the $895 acquisition fee or monthly sales tax.

    You need that information to check the calculations.

    But, $499/mo, with $499 due at signing looks pretty reasonable.
    the MF is .0008. do you think there is anywhere else to reduce the cost?

    Is there a list of cars with the highest residual value anywhere? I would like to find something INEXPENSIVE for my son, a car he can manage the payments on
    If you are looking for an inexpensive lease, I would suggest a mid-sized sedan (Camry, Accord, Sonata). Lots of payments between $200-275/mo for a car that is very well equipped.

    No Audi is going to be inexpensive to lease, even compared to their competition (BMW, MB, Infiniti, etc.)

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • fp10023fp10023 Member Posts: 14
    Michaell said:

    fp10023 said:

    kyfdx said:

    fp10023 said:

    Michaell said:

    fp10023 said:

    Thank you for your help! And Still trying to put the numbers together… When I add costs, do i add state tax in the beginning or at the end? Also, do you happen to know why money factor so high

    What state?

    Audi sets the MF to a rate that will be profitable for them and establish a payment range they believe will move inventory.


    the above is the latest price point--does this look like a good price and proper breakdown?
    .00060 MF and 55% residual for 36/10.

    That quote doesn't disclose the money factor, or show the $895 acquisition fee or monthly sales tax.

    You need that information to check the calculations.

    But, $499/mo, with $499 due at signing looks pretty reasonable.
    the MF is .0008. do you think there is anywhere else to reduce the cost?

    Is there a list of cars with the highest residual value anywhere? I would like to find something INEXPENSIVE for my son, a car he can manage the payments on
    If you are looking for an inexpensive lease, I would suggest a mid-sized sedan (Camry, Accord, Sonata). Lots of payments between $200-275/mo for a car that is very well equipped.

    No Audi is going to be inexpensive to lease, even compared to their competition (BMW, MB, Infiniti, etc.)
    the Audi is for the Parent... while i was on the topic of leases it made me think of my child :)
    thank you fot all the assistance!
  • miguellozamiguelloza Member Posts: 45
    edited July 2017
    Hey there! Please provide MF and residual for 2017 & 2018 Audi Q5 Premium, Premium +, 36/12 & 36/15. When you state add 1% for Audi Care, where exactly do I add the 1%? Is GAP usually included in the contract? Please share available rebates, I am located in Los Angeles, CA.

    Also, is there anyway to discover dealer holdbacks & incentives in an attempt to approximate dealers net cost for new car?

    Thank you!
  • kyfdxkyfdx Moderator Posts: 266,526

    Hey there! Please provide MF and residual for 2017 & 2018 Audi Q5 Premium, Premium +, 36/12 & 36/15. When you state add 1% for Audi Care, where exactly do I add the 1%? Is GAP usually included in the contract? Please share available rebates, I am located in Los Angeles, CA.

    Also, is there anyway to discover dealer holdbacks & incentives in an attempt to approximate dealers net cost for new car?

    Thank you!

    Add 1% to the residual.
    All Audi leases include GAP at no extra charge
    2017 Q5 (premium and premium+)
    .00060 MF and 52% residual for 36/15
    Add 2% for 36/12 (to the residual..lol)

    2018 discussion is here:
    https://forums.edmunds.com/discussion/45058/audi/q5/2018-audi-q5-lease-questions#latest

    I wouldn't worry too much about the dealer's actual cost, because you'll never know what margin he needs to keep the doors open. Shop more than one dealer, and get the lowest price that you can get.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • miguellozamiguelloza Member Posts: 45
    kyfdx said:

    Hey there! Please provide MF and residual for 2017 & 2018 Audi Q5 Premium, Premium +, 36/12 & 36/15. When you state add 1% for Audi Care, where exactly do I add the 1%? Is GAP usually included in the contract? Please share available rebates, I am located in Los Angeles, CA.

    Also, is there anyway to discover dealer holdbacks & incentives in an attempt to approximate dealers net cost for new car?

    Thank you!

    Add 1% to the residual.
    All Audi leases include GAP at no extra charge
    2017 Q5 (premium and premium+)
    .00060 MF and 52% residual for 36/15
    Add 2% for 36/12 (to the residual..lol)

    2018 discussion is here:
    https://forums.edmunds.com/discussion/45058/audi/q5/2018-audi-q5-lease-questions#latest

    I wouldn't worry too much about the dealer's actual cost, because you'll never know what margin he needs to keep the doors open. Shop more than one dealer, and get the lowest price that you can get.
    Thank you! Where can I find available rebates and incentives? Sorry about my ignorance on the topic...leasing is very new to me.
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