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2018 Q5 Premium Plus
SoCal
MSRP = $47,175
Selling Price = $42,276
Rebates = $750 loyalty + 1st payment free
36/10K
Residual = 61%
MF = .00177 (drops to .00132 with 9 MSDs)
Due at signing = $609 (registration/DMV and taxes) + MSD
Monthly = $501 including tax
Considering adding Audicare which would have a net cost of ~$450 over the 36 months.
Thanks!
What is the tax rate?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We always recommend AudiCare
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
They are giving me:
Rebate: $1,927
Residual: 61%
Tax: 7%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
It's not a rule, but more of a guideline.
And, Audi's do not lease all that well, compared to their competitors.
If you're happy with the selling price, everything else looks good.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $52600.00
Discount: $2836.87
Tag and Title : $47.00
Doc Fee: $210.00
Tax: $2999.83
Total: $53019
Residual $31560
Lease Quote 12k miles and 5000 down for 36 month $611-$620. They will pick the first month payment.
What is a reasonable monthly lease payment on this vehicle with 5000 down?
Truly appreciate any feedback on this.
Ask the dealer for the adjusted cap cost they used for their payment quote - this would be the selling price plus any fees you aren't paying up front.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 Q5 Premium Plus, Navigation Package, 20" Wheel Package, Cold Weather Package, with B&O sound system. Located in Boston, MA.
36/15
Cap Cost=$47912
Res=58%
MF=.00177
$1600 down
$647/month
What does the $1600 cover?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
retail was 65,545
selling 63,350
fees 499
Sales tax 3801
3k down
Lease 3yrs/12k was 913.28
They wouldn't tell me MF or residual.
Thoughts?
Is it Prestige or Premium Plus?
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I was going to leave after the saleman would't tell me the MF when I asked twice but then he had the manager come over to feed me some BS.
By making extra refundable security deposits, AFS lowers the money factor by .00005 for each one
I believe there is a maximum of 9 MSDs, for a total money factor reduction of .00045.
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$550 due at signing
12K miles
36 months
Prestige Plus
1) MSRP $49,985 / $553 pre tax
2) MSRP $51,985 / $556 pre tax
and finally......
3) MSRP $51,410 / $506 pre tax. I had to call this guy twice to double check he didnt quote me the wrong car, but sure enough, he says it's a real offer. I even showed this offer to 1) and 2) and they said I am basically getting better than the employee discount of over $8k off MSRP.
Is this too good to be true?
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Closed a deal on a SQ5. Wanted to know if you recommend Audi care and Audi's wear and tear program for $1068 (covers up to 10k), and why you do or don't...can't make a decision on these two things.
Thanks in advance!
The $1600 is total out of pocket. Trying to get the payment to $600 and was told that to do that I would need to put an additional $1500 on top.
AudiCare is a good deal, because by purchasing it, your residual goes up by 1%. On a $65K MSRP vehicle, that lowers your costs by $650, meaning your net cost is only $219. That's very cheap for scheduled maintenance for 36K miles.
I generally avoid wear and tear, but if it's only $199 extra, I'd be inclined to get it. But, that seems extremely cheap. Check on the pricing, and make sure of the numbers. If it's $1068 more, in addition to paying for AudiCare, then just say no. What's a realistic estimate of what you might owe at lease end? Don't be swayed by the $10K coverage, if that's something you would never need. I've had at least 8-10 leases, and the highest charges I've ever had for damage was $70.
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$1600 should cover DMV fees and $895 acquisition fee, plus tax on acq.fee and first payment rebate.
That makes your discount over $5000. Not sure you can do much better. If they want $1500 more to drop the payment to $600/mo, that's not a price concession, that's just math.
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Can't really evaluate your deal as the numbers you've provided are for a purchase - PA taxes the monthly payment for a lease, and there is no mention of the $895 acquisition fee that is charged. The number you want from the dealer is the adjusted cap cost.
And, we do not recommend so much up front cash - just first payment and registration costs should be paid at signing.
I can tell you that the discount from sticker is pretty small - just over 3%. For Audi, we recommend you target 6% off sticker - roughly $61,500.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The numbers are or were supposed to be for a lease. Would the MF and residual be different if it wasn't a Premium Plus or Prestige? The sticker doesn't mention either in it but just says S Sports package.
I'm just not used to dealing with Audi as this would be my first if I wind up leasing the car. However, as I said I appreciate the info you gave me on the 6% target. If you could let me know about the MF and residual so I can try to target a payment on my own from them that'd be helpful also.
Thanks
MG
Complimentary first payment
$750 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Look at the window sticker - if there is a "Prestige" package on it, then that's the trim level. If not, then it's the "Premium Plus" (aka base) SQ5.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
It's $869 for the AudiCare. Is it only $199 more for wear and tear?
AudiCare is a good deal, because by purchasing it, your residual goes up by 1%. On a $65K MSRP vehicle, that lowers your costs by $650, meaning your net cost is only $219. That's very cheap for scheduled maintenance for 36K miles.
I generally avoid wear and tear, but if it's only $199 extra, I'd be inclined to get it. But, that seems extremely cheap. Check on the pricing, and make sure of the numbers. If it's $1068 more, in addition to paying for AudiCare, then just say no. What's a realistic estimate of what you might owe at lease end? Don't be swayed by the $10K coverage, if that's something you would never need. I've had at least 8-10 leases, and the highest charges I've ever had for damage was $70.
***The wear and tear alone is $1068 and they said it covers everything including tires etc...
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Does anyone know if I’ll be required to complete the 30K/3yr maintenance before returning the car? I’ll almost certainly not hit 30K miles and 3 years is obviously the exact lease term so not sure if I’m on the hook for that service. If not, Audi Care would only cover the 20K service so likely not worth ~$400. Thanks!
Complimentary first payment
$750 loyalty
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Require? If you won't get to 30K on the odometer, I don't see how anyone can force you to perform the service before you turn in the vehicle.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The service intervals are EITHER time-based OR mileage based.
Let's flip the script - if you drive 10K in the first 8 months of the lease, the maintenance minder would suggest you get the 10K service done; same at 20K, 30K, etc.
I only put 6K on my Jetta lease in the first 12 months. The maintenance minder started to remind me a few weeks before the 365 days was up. I'm going to be nowhere near my mileage allotment (12K per year) when the lease is over. Should I get my 3 year service done before I turn my car in?
Talk to me in the summer of 2019, and I'll let you know.
But, still not sold on the idea of "required". If it isn't in the lease paperwork, I'm not sure where you would be, legally.
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I just signed the lease today
$550 due at signing
12k miles
36 months
Premium plus
MSRP: $51,410
Selling price: $43,433.91
Net cap cost: $44,784
MF: 0.0177
Residual: 60%
Monthly payment: $507
Sales tax: 39.35
Total monthly payment: $547.04
How did I do?
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