2017 Q7 leasing rates

xswildwood

What are June AFS numbers for Q7 Prestige, 36 months, 15K?

Michaell

xswildwood said:

What are June AFS numbers for Q7 Prestige, 36 months, 15K?

.00210 and 55%

chenday

2018 Q7s are arriving. I'm looking for MF and resid on 2018 P+ and Prestige Q7 3.0 10k/36 months. Thanks

Michaell

chenday said:

2018 Q7s are arriving. I'm looking for MF and resid on 2018 P+ and Prestige Q7 3.0 10k/36 months. Thanks

No 2018 Q7 numbers, this month. Perhaps in July....

scookdds

Hi.  Looking for June info on MF and residual for 2017 Q7 3.0 Prestige and Premium Plus.  36/12 and 42/12. Southern California area.  Should the numbers be relatively equal for July?  Thank you!

kyfdx

scookdds said:

Hi.  Looking for June info on MF and residual for 2017 Q7 3.0 Prestige and Premium Plus.  36/12 and 42/12. Southern California area.  Should the numbers be relatively equal for July?  Thank you!

.00210 MF and 57% residual
.00230 MF and 53% residual

New program starts Saturday, but we don't know where rates will go. Doesn't seem like they could be worse, but you never know.

scookdds

Thanks for your quick response.  Are those numbers for Prestige or for Premium Plus?  Or are they both the same?  Thank you.

Michaell

scookdds said:

Thanks for your quick response.  Are those numbers for Prestige or for Premium Plus?  Or are they both the same?  Thank you.

The above residuals are for the Prestige.

Add 4% for P+

valleyhockey65

Has anyone seen a residual and MF for Premium Plus at 36m/20K ?  Thanks.

Michaell

valleyhockey65 said:

Has anyone seen a residual and MF for Premium Plus at 36m/20K ?  Thanks.

2.0T or 3.0T?

Extra miles are charged at .15/mile - therefore, you'd have to deduct $2250 from the calculated residual.

valleyhockey65

Interesting, 3.0T.  Would it be the same rate if it went to 25K miles per year per year? 

kyfdx

valleyhockey65 said:

Interesting, 3.0T.  Would it be the same rate if it went to 25K miles per year per year? 

.00210 MF and 59% residual for 36/15.

Yes, same rate per mile.

Though, you should check with the dealer. They may have special programs for high mile leases that we don't know about.

cruiser8_8

I see many 2017 Q7s on my local dealers lot. I'm wondering if they are ready to deal seeing that the 2018 is upon us. With that said, what is the current MF and RV for a 3.0 Premium Plus and also on the Prestige on a 36 month/15k miles lease. I would think it's more attractive than the 2018. 

Michaell

cruiser8_8 said:

I see many 2017 Q7s on my local dealers lot. I'm wondering if they are ready to deal seeing that the 2018 is upon us. With that said, what is the current MF and RV for a 3.0 Premium Plus and also on the Prestige on a 36 month/15k miles lease. I would think it's more attractive than the 2018. 

.00210 and 59% (P+) or 54% (Prestige)

cruiser8_8

Thank you Michael. Based on my searching the forum and reading, Is it also safe to say that multiple security deposits, on this lease, will lower the MF by .00005 for each additional deposit? 

Michaell

cruiser8_8 said:

Thank you Michael. Based on my searching the forum and reading, Is it also safe to say that multiple security deposits, on this lease, will lower the MF by .00005 for each additional deposit? 

I believe that is true, though I'm not certain of the details.

sivin78

Hi, I'm new to US and getting confused by all the leasing terms. I have been offered a lease payment of $820/month + $5000 upfront for a 12K/36 month lease term for 2017 Audi Q7 3.0 premium plus with vision and cold weather packages. Is it a reasonable offer. I have tried a few dealers and this is the best I could get?

kyfdx

sivin78 said:

Hi, I'm new to US and getting confused by all the leasing terms. I have been offered a lease payment of $820/month + $5000 upfront for a 12K/36 month lease term for 2017 Audi Q7 3.0 premium plus with vision and cold weather packages. Is it a reasonable offer. I have tried a few dealers and this is the best I could get?

We don't rate deals by payment. If you are confused, suggest you educate yourself about leasing before signing a contract. Also, suggest you don't make a large downpayment on a lease.

duke330

Evaluating a lease on a 2018 Q7 2.0T P+ with selling price of 53,467 (7% off MSRP). MF is 0.00185 with a 58% residual on a 36/15k term. Is this a good deal? Also, I'm considering lowering my MF via multiple security deposits, but unclear if 0.005 MF reduction is worth tying up the cash ($825/MSD).

Michaell

duke330 said:

Evaluating a lease on a 2018 Q7 2.0T P+ with selling price of 53,467 (7% off MSRP). MF is 0.00185 with a 58% residual on a 36/15k term. Is this a good deal? Also, I'm considering lowering my MF via multiple security deposits, but unclear if 0.005 MF reduction is worth tying up the cash ($825/MSD).

The MF reduction is .00005 per MSD, and it's worth it. Depending on the other numbers, it's likely a 10-15% return on the money.

7% off sticker along with the base MF is good for Audi.

annasan

Got a quote for q7 2.0 premium lease. 63,000 MSRP. 58000 after discount.3000 down. Residual 59% and money factor at .00206. It is NJ so 7% tax. Cap reduction of 1149. Monthly lease is coming to $822. What would be the best deal here. It 12k , 36 months lease.

Michaell

annasan said:

Got a quote for q7 2.0 premium lease. 63,000 MSRP. 58000 after discount.3000 down. Residual 59% and money factor at .00206. It is NJ so 7% tax. Cap reduction of 1149. Monthly lease is coming to $822. What would be the best deal here. It 12k , 36 months lease.

MF is marked way up - I show a base rate of .00158 for the 2017 Q7 2.0T. This is adding over $45/mo to the payment.

annasan

Money factor is 0.00158 or 0.00185?

Michaell

annasan said:

Money factor is 0.00158 or 0.00185?

.00158, this month.

virginia100

Would like to know competitive RF and MF for 12K 36 months
a) 2017 Q7 3.0t Premium Plus (Acquisition Cost - discounted by $6K)
b) 2018 Q7 3.0t Premium / Premium Plus

The advertised deals are showing money factors close to 0.00208 which seams really high.. So I assume you have to sit down with them to get a "real" deal.

Thanks for your help

Michaell

virginia100 said:

Would like to know competitive RF and MF for 12K 36 months
a) 2017 Q7 3.0t Premium Plus (Acquisition Cost - discounted by $6K)
b) 2018 Q7 3.0t Premium / Premium Plus

The advertised deals are showing money factors close to 0.00208 which seams really high.. So I assume you have to sit down with them to get a "real" deal.

Thanks for your help

2017 - .00183 and 60%
2018 - .00169 and 59%

Politely tell them you won't sign a lease deal where the MF has been marked up.

And, work with multiple dealers - the competition will get you the best deal.

virginia100

Thank you for the quick response. Do you know if there are additional cost with returning the vehicle to a different dealer at the end of the lease? For example, if I move to a different part of the country. (e.g. Live in Virginia now and may move to Colorado in 12 months)

Michaell

virginia100 said:

Thank you for the quick response. Do you know if there are additional cost with returning the vehicle to a different dealer at the end of the lease? For example, if I move to a different part of the country. (e.g. Live in Virginia now and may move to Colorado in 12 months)

No additional costs from the lease itself. There may be tax implications, however.

VA taxes the entire selling price, even for a lease, and collects that money up front.

CO taxes the monthly payment.

You may end up paying taxes twice.

virginia100

Any updates for November yet...
Would like to know competitive RF and MF for 12K 36 months
a) 2017 Q7 3.0t Premium Plus (Acquisition Cost - discounted by $6K)
b) 2018 Q7 3.0t Premium / Premium Plus

kyfdx

virginia100 said:

Any updates for November yet...
Would like to know competitive RF and MF for 12K 36 months
a) 2017 Q7 3.0t Premium Plus (Acquisition Cost - discounted by $6K)
b) 2018 Q7 3.0t Premium / Premium Plus

2017: .00183 MF and 60% residual
2018: .00184 MF and 59% residual