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Lease on 2017 Audi SQ5 - Good deal?

ASHISHKBANSALASHISHKBANSAL Member Posts: 4
edited January 2017 in Audi
Hi, am looking at an 2017 Audi SQ5 Premium Plus, here are the different scenarios. Can you tell me if this is a good deal?

36 month/10k miles
Cash Due: $2500
Monthly Payment: $887
MF: 0.00193
Residual: 59%

Thanks.

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    kyfdxkyfdx Moderator Posts: 237,210

    Hi, am looking at an 2017 Audi SQ5 Premium Plus, here are the different scenarios. Can you tell me if this is a good deal?

    36 month/10k miles
    Cash Due: $2500
    Monthly Payment: $887
    MF: 0.00193
    Residual: 59%

    Thanks.

    MSRP?
    Selling price?
    Adjusted CAP cost?
    State and tax rate?

    .00143 MF and 59% residual
    They are marking up your rate, assuming you have top tier credit.

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    ASHISHKBANSALASHISHKBANSAL Member Posts: 4
    Thanks for the follow up, here is the additional information.

    Vehicle Price: $61,835.00
    Dealer Price (after discount and rebates): $58,422
    Sales Tax: $3,758.82
    Tag/Registration Fee: $109.50
    State Inspection Fee: $23.75
    Documentation Fee: $150.00
    Buyers Tag Fe: $18.00
    Title Fee: $35.50
    Balance Due: $62,522.57

    Some additional scenarios:
    39 months/10k miles
    $2500 due
    $822 per month
    .00203 MF
    57% Residual

    42 months/10k miles
    $2500 due
    $860 month
    .00203 MF
    55% Residual

    Thanks again.
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    kyfdxkyfdx Moderator Posts: 237,210

    Thanks for the follow up, here is the additional information.

    Vehicle Price: $61,835.00
    Dealer Price (after discount and rebates): $58,422
    Sales Tax: $3,758.82
    Tag/Registration Fee: $109.50
    State Inspection Fee: $23.75
    Documentation Fee: $150.00
    Buyers Tag Fe: $18.00
    Title Fee: $35.50
    Balance Due: $62,522.57

    Some additional scenarios:
    39 months/10k miles
    $2500 due
    $822 per month
    .00203 MF
    57% Residual

    42 months/10k miles
    $2500 due
    $860 month
    .00203 MF
    55% Residual

    Thanks again.

    .00163 MF for 39 and 42 month terms.
    The deal looks average, except for the money factor markup, which makes it worse than average.

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    ASHISHKBANSALASHISHKBANSAL Member Posts: 4
    Is anyone aware of any other dealer discounts/cash going on? So far I have seen $750 for having a BMW and $750 for lease. Maybe some dealer cash on demos?
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    kyfdxkyfdx Moderator Posts: 237,210

    Is anyone aware of any other dealer discounts/cash going on? So far I have seen $750 for having a BMW and $750 for lease. Maybe some dealer cash on demos?

    We don't show any other incentives

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    ASHISHKBANSALASHISHKBANSAL Member Posts: 4
    Hi, was wondering if the pricing on Edmonds is close to the selling price at the dealers? If not, can you tell me what might be missing so I can do a compare on what is being offered?
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    MichaellMichaell Moderator Posts: 241,318

    Hi, was wondering if the pricing on Edmonds is close to the selling price at the dealers? If not, can you tell me what might be missing so I can do a compare on what is being offered?

    The Edmunds pricing is based on feedback we get from folks who share their prices with us. It is regional, and represents an average. Your goal is to beat that average.

    For Audi, we've always suggested 6% off sticker, before applying any available incentives.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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