2018 Audi Q5 Lease Deals and Prices

[Deleted User]

Thanks Michael for your prompt response.

Tax rate is 6% and everything is rolled into the payment. I was not given an adjusted cap cost. So at this point I do not know what other fees like acquisition or deal fees. But perhaps can work it backwards and estimate what they may be.

Here is what I do know:

2018 Audi Q5 Prestige Plus including 20" wheels and Cold Weather Packages.

MSRP: $48,575
Location: South Florida
Duration: 36 months
Miles/Year: 10k
Dealer discount: 10% off MSRP ($4,858)
Dealer Fee: $?
Tag: $? (Although I do have my tag from my previous vehicle)
Acquisition Fee: $?
Residual Value: 59%
FL Lease Tax: 6% on lease payments only and not full car price.
Dealers best offer: $639 per month with $0 down (OTD, includes tax and fees).

Michael, any help would be greatly appreciated!

Michaell

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Michaell

tobias17 said:

Thanks Michael for your prompt response.

Tax rate is 6% and everything is rolled into the payment. I was not given an adjusted cap cost. So at this point I do not know what other fees like acquisition or deal fees. But perhaps can work it backwards and estimate what they may be.

Here is what I do know:

2018 Audi Q5 Prestige Plus including 20" wheels and Cold Weather Packages.

MSRP: $48,575
Location: South Florida
Duration: 36 months
Miles/Year: 10k
Dealer discount: 10% off MSRP ($4,858)
Dealer Fee: $?
Tag: $? (Although I do have my tag from my previous vehicle)
Acquisition Fee: $?
Residual Value: 59%
FL Lease Tax: 6% on lease payments only and not full car price.
Dealers best offer: $639 per month with $0 down (OTD, includes tax and fees).

Michael, any help would be greatly appreciated!

OK, there are a few variables here, but let's see if we can back into the numbers.

.00169 and 59% for 36/10 on Q5 Premium Plus

With the MSRP and tax rates provided, the adjusted cap cost is in the neighborhood of $45,800 to get to $639/mo, tax included.

So, with a selling price of $43,717, that's $2083 to bridge:

$639 first payment
$895 acquisition fee
$549 doc fee (just a guess)

However, if this is a $0 due at signing "sign and drive" lease, then I can't make the numbers work. Just so you know, $0 down is not the same as $0 due at signing. Is the dealer asking for any money when you sign the paperwork?

duncanmax

Just got a quote on Audi premium plus MSRP at $50,350 and negotiated price at $47,400
36 months/12K, MF at .00179 and residual at 58%. Upfront fees at $2500. Monthly quote at 690. Is that a good deal? Any hidden charges?

Michaell

duncanmax said:

Just got a quote on Audi premium plus MSRP at $50,350 and negotiated price at $47,400
36 months/12K, MF at .00179 and residual at 58%. Upfront fees at $2500. Monthly quote at 690. Is that a good deal? Any hidden charges?

.00169 is the base MF, so that is marked up a small amount.

What state and tax rate is this?

What is the breakdown of the $2500?

That's a decent discount from sticker, for an Audi; might be a few hundred more you could shave off, if you wanted to push it.

vin7826

Hi!
Could you please provide RV and MF 24/10 for '18 Q5 Premium Plus.
Zip code : 94588. Appreciate your response.

Michaell

vin7826 said:

Hi!
Could you please provide RV and MF 24/10 for '18 Q5 Premium Plus.
Zip code : 94588. Appreciate your response.

.00169 and 66%

argile6

Hi Michael-

I am new to this forum and I am new to leasing cars, so I wanted to check with you to see if the following was a decent deal:

2018 Audi Q5, Premium Package + Navigation, 20" wheels, B&O sound, + small additional items with MSRP of $54,375

I have a printout of their "blue screen" - it quotes cash sales price of $47,440. Chicago sales tax of $4541 and document fees of $176. My first question is how do they get the cash sales price? Looks like it's down 12.75% of MSPR, that's good right? But how did they come to the cash sales price?

Our terms negotiated are $4650 cash down, $1000 rebate, 48 months, 10k miles/yr, $565 monthly payment which includes Audi Care, Ding Protection + Gap Insurance (valued at $2659 for those 3 additional items).

Looks like our Res is 56%. Is this good for stats above?

Let me know if there is anything else you need to understand if we are making a good decision?

Thank you!

Michaell

argile6 said:

Hi Michael-

I am new to this forum and I am new to leasing cars, so I wanted to check with you to see if the following was a decent deal:

2018 Audi Q5, Premium Package + Navigation, 20" wheels, B&O sound, + small additional items with MSRP of $54,375

I have a printout of their "blue screen" - it quotes cash sales price of $47,440. Chicago sales tax of $4541 and document fees of $176. My first question is how do they get the cash sales price? Looks like it's down 12.75% of MSPR, that's good right? But how did they come to the cash sales price?

Our terms negotiated are $4650 cash down, $1000 rebate, 48 months, 10k miles/yr, $565 monthly payment which includes Audi Care, Ding Protection + Gap Insurance (valued at $2659 for those 3 additional items).

Looks like our Res is 56%. Is this good for stats above?

Let me know if there is anything else you need to understand if we are making a good decision?

Thank you!

12% off sticker is a good price for any Audi.

But, we don't recommend large down payments or ding protection. Gap insurance is standard with any Audi Financial Services lease, so no need to purchase it separately.

We do recommend Audi Care, as it increases the residual by 1%.

If you live in the city of Chicago, the lease taxes are gonna hurt. You'll have both the IL state tax as well as the city tax - something like 17% combined.

venki2018

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Michaell

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

venki2018

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

Thank you Sir, will speak to the dealer and see what happens.

venki2018

venki2018 said:

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

Thank you Sir, will speak to the dealer and see what happens.

I tried to speak to the dealer and was told that TAX of 3622 $ on vehicle is necessary and money factor of 0.00209. I am trying to negotiate and will keep you posted.

Michaell

venki2018 said:

venki2018 said:

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

Thank you Sir, will speak to the dealer and see what happens.

I tried to speak to the dealer and was told that TAX of 3622 $ on vehicle is necessary and money factor of 0.00209. I am trying to negotiate and will keep you posted.

Have you contacted another dealer?

rtg112144

Hello. I took a snapshot of the deal sheet. How does this look. It’s a prem plus with all the extras. They told me MF is .0028 I believe. 30 months no money at signing. Why are the discounts on separate lines?

Michaell

rtg112144 said:

Hello. I took a snapshot of the deal sheet. How does this look. It’s a prem plus with all the extras. They told me MF is .0028 I believe. 30 months no money at signing. Why are the discounts on separate lines?

What state is this?

MF is marked way, way up (base MF is .00169).

I don't understand the multiple discounts on that worksheet, either.

rtg112144

Michaell said:

Hello. I took a snapshot of the deal sheet. How does this look. It’s a prem plus with all the extras. They told me MF is .0028 I believe. 30 months no money at signing. Why are the discounts on separate lines?

What state is this? MF is marked way, way up (base MF is .00169). I don't understand the multiple discounts on that worksheet, either.

Michaell this is TX. 

kyfdx

rtg112144 said:

Michaell said:

rtg112144 said:

Hello. I took a snapshot of the deal sheet. How does this look. It’s a prem plus with all the extras. They told me MF is .0028 I believe. 30 months no money at signing. Why are the discounts on separate lines?

What state is this?

MF is marked way, way up (base MF is .00169).

I don't understand the multiple discounts on that worksheet, either.

Michaell this is TX. 

What is the quoted payment?

Is it a 2018 model?
Is it a demo or service loaner?

That discount is huge for a Q5. Almost unbelievable. I'd guess the "additional discount" is only available with the huge markup in money factor.

rtg112144

What is the quoted payment?

Is it a 2018 model?
Is it a demo or service loaner?
______

That discount is huge for a Q5. Almost unbelievable. I'd guess the "additional discount" is only available with the huge markup in money factor.

The quoted payment for 30 Mo with $0 down is $917. Yes it's a 2018 and brand new, not a loaner. Also excellent credit with that .0028 MF?

Also what is the dealer services of $497. Our negotiated deal over the phone was 51,500 "Out the Door" then that term sheet is what i

kyfdx

rtg112144 said:

What is the quoted payment?

Is it a 2018 model?
Is it a demo or service loaner?
______

That discount is huge for a Q5. Almost unbelievable. I'd guess the "additional discount" is only available with the huge markup in money factor.

The quoted payment for 30 Mo with $0 down is $917. Yes it's a 2018 and brand new, not a loaner. Also excellent credit with that .0028 MF?

Also what is the dealer services of $497. Our negotiated deal over the phone was 51,500 "Out the Door" then that term sheet is what i

.00169 is the base money factor for top tier credit. Anything additional is a dealer markup.
Dealer Services and Phantom FP are garbage charges.

Why a 30 month lease? The 36 month residual is just 3% lower and will result in a lower payment.
What is the mileage allowance?

rtg112144

kyfdx, the mileage allowance is 15000

kyfdx

rtg112144 said:

kyfdx, the mileage allowance is 15000

Using the numbers on your sheet, I get $883/mo. for 30/15
However, you said your out the door price was $51,500 (it's 50,500 on the sheet). That would give me $919/mo.
A 36 month lease with the same terms would be $844/mo vs. the $919/mo.

All of those numbers are a lot for a $52K MSRP vehicle.

rtg112144

Using the numbers on your sheet, I get $883/mo. for 30/15
However, you said your out the door price was $51,500 (it's 50,500 on the sheet). That would give me $919/mo.
A 36 month lease with the same terms would be $844/mo vs. the $919/mo.

All of those numbers are a lot for a $52K MSRP vehicle.
______

I just got confirmation from the dealer that there was a large markup in the MF. They discounted the total cost and increased the MF to make up for it.

Also they are telling me that the dealer services and Phantom are "required" to be in there by the dealership.

At the end of the day if i get the MF back down to the standard .00169 is the rest a good deal?

rtg112144

They show the residual as being 61%

Michaell

rtg112144 said:

Using the numbers on your sheet, I get $883/mo. for 30/15
However, you said your out the door price was $51,500 (it's 50,500 on the sheet). That would give me $919/mo.
A 36 month lease with the same terms would be $844/mo vs. the $919/mo.

All of those numbers are a lot for a $52K MSRP vehicle.

______

I just got confirmation from the dealer that there was a large markup in the MF. They discounted the total cost and increased the MF to make up for it.

Also they are telling me that the dealer services and Phantom are "required" to be in there by the dealership.

At the end of the day if i get the MF back down to the standard .00169 is the rest a good deal?

If you can preserve that big discount from sticker, getting the MF down to .00169 would be fantastic.

Required? Only because they put those things onto every car that comes off the truck. Tell them to lower the selling price more to offset those garbage charges.

rtg112144

Thanks guys you have been a huge help. They came down to the base MF and keeping the 50,520 Bottom line

kyfdx

rtg112144 said:

Thanks guys you have been a huge help. They came down to the base MF and keeping the 50,520 Bottom line

Good luck!

ufo007

Could someone please comment on this deal in WA state? That's the best they are offering as a deal for last day of the month. Wiggle room anywhere? Thanks!

2018 Q5 Prestige
MSRP: $54,650
Discount: $3,279
Selling Price: $51,371
License: $800
Doc: $150
Residual: $30,604
Miles: 10K
MF: .00199

36 months lease

At signing $2054: $846.33/month
At signing $4000: $786.34/month
At signing $6000: $724.70/month

Michaell

ufo007 said:

Could someone please comment on this deal in WA state? That's the best they are offering as a deal for last day of the month. Wiggle room anywhere? Thanks!

2018 Q5 Prestige
MSRP: $54,650
Discount: $3,279
Selling Price: $51,371
License: $800
Doc: $150
Residual: $30,604
Miles: 10K
MF: .00199

36 months lease

At signing $2054: $846.33/month
At signing $4000: $786.34/month
At signing $6000: $724.70/month

MF is marked up from the base of .00169

What does the up front money cover?

With the prices provided, I get $740/mo, before tax. With the base MF, that drops to $715/mo

6% off sticker is a good discount, but tell them you won't sign a deal where the MF is inflated.

ufo007

Michaell said:

ufo007 said:

Could someone please comment on this deal in WA state? That's the best they are offering as a deal for last day of the month. Wiggle room anywhere? Thanks!

2018 Q5 Prestige
MSRP: $54,650
Discount: $3,279
Selling Price: $51,371
License: $800
Doc: $150
Residual: $30,604
Miles: 10K
MF: .00199

36 months lease

At signing $2054: $846.33/month
At signing $4000: $786.34/month
At signing $6000: $724.70/month

MF is marked up from the base of .00169

What does the up front money cover?

With the prices provided, I get $740/mo, before tax. With the base MF, that drops to $715/mo

6% off sticker is a good discount, but tell them you won't sign a deal where the MF is inflated.

The minimum drive off is 2054 which will cover 1st month payment, doc fee, registration and upfront sales tax.

Michaell

ufo007 said:

Michaell said:

ufo007 said:

Could someone please comment on this deal in WA state? That's the best they are offering as a deal for last day of the month. Wiggle room anywhere? Thanks!

2018 Q5 Prestige
MSRP: $54,650
Discount: $3,279
Selling Price: $51,371
License: $800
Doc: $150
Residual: $30,604
Miles: 10K
MF: .00199

36 months lease

At signing $2054: $846.33/month
At signing $4000: $786.34/month
At signing $6000: $724.70/month

MF is marked up from the base of .00169

What does the up front money cover?

With the prices provided, I get $740/mo, before tax. With the base MF, that drops to $715/mo

6% off sticker is a good discount, but tell them you won't sign a deal where the MF is inflated.

The minimum drive off is 2054 which will cover 1st month payment, doc fee, registration and upfront sales tax.

Roll the doc fee into the monthly payment.

uzman85

Hi, can i get the March incentives for 2018 SQ5 (RV and MF)? thanks

kyfdx

uzman85 said:

Hi, can i get the March incentives for 2018 SQ5 (RV and MF)? thanks

36/15
.00171 MF and 60%/59% residual for Premium Plus/Prestige

tmzfla001

Hi, do you have the March MF and residual for 2018 Q5 Premium Plus, 36/10 for Florida?

Thank you!

uzman85

kyfdx said:

uzman85 said:

Hi, can i get the March incentives for 2018 SQ5 (RV and MF)? thanks

36/15
.00171 MF and 60%/59% residual for Premium Plus/Prestige

Thanks! What about 36/12?

gschnick

Do you have March MF and residual for 2018 Q5 Prestige in California? 36/10 & 36/12

Michaell

uzman85 said:

kyfdx said:

uzman85 said:

Hi, can i get the March incentives for 2018 SQ5 (RV and MF)? thanks

36/15
.00171 MF and 60%/59% residual for Premium Plus/Prestige

Thanks! What about 36/12?

Add 2% to the residual for 12K

Michaell

tmzfla001 said:

Hi, do you have the March MF and residual for 2018 Q5 Premium Plus, 36/10 for Florida?

Thank you!

.00171 and 63%

Michaell

gschnick said:

Do you have March MF and residual for 2018 Q5 Prestige in California? 36/10 & 36/12

.00171 and 62% / 61%

alamask

Hi there, do you have March MF/RV for 2018 Q5 Prem Plus: 36/10 and 36/12 for Washington?

Michaell

alamask said:

Hi there, do you have March MF/RV for 2018 Q5 Prem Plus: 36/10 and 36/12 for Washington?

.00169 and 59% / 58%
$1000 loyalty

venki2018

Michaell said:

venki2018 said:

venki2018 said:

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

Thank you Sir, will speak to the dealer and see what happens.

I tried to speak to the dealer and was told that TAX of 3622 $ on vehicle is necessary and money factor of 0.00209. I am trying to negotiate and will keep you posted.

Have you contacted another dealer?

Hi Sir , as a follow-up , Few things here please

1. There is only one Dealer in my city for Audi:

And this is the Lease info from the Dealer for Prestige


and this is for Premium Plus :


2. I tried to negotiate the MF , but here is the response from them : "you are absolutely correct that the wholesale rate is 0.00169. We are given the option from Audi to mark it up to 0.00294. We are only marking up the Money Factor by what is effectively 1 percentage point, which equals the 0.00209 that you were shown. Wholesale interest is 4.056%. Our retail rate is 5.016%. We feel that less than 1% markup is fair to our customers."

3. I tried to (phone) contact another dealer , 3 Hrs drive away from my city . I was informed that , it will a monthly payment of 900 $ for zero down , inclusive of taxes for Prestige , where MSRP was $56,140. I am yet to receive the break down . I think I was told residual was 58% and MF was 0.00200 , I am yet to receive the email with break down from them tomorrow .

Kindly suggest . Thank you very much.

jayaudinj

Thank you for all the help on the topic. Can you please provide money factor and rv for 2018 q5 premium plus in NJ. 36/10. Thank you

Michaell

jayaudinj said:

Thank you for all the help on the topic. Can you please provide money factor and rv for 2018 q5 premium plus in NJ. 36/10. Thank you

.00169 and 59%
$1000 loyalty

Michaell

venki2018 said:

Michaell said:

venki2018 said:

venki2018 said:

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

Thank you Sir, will speak to the dealer and see what happens.

I tried to speak to the dealer and was told that TAX of 3622 $ on vehicle is necessary and money factor of 0.00209. I am trying to negotiate and will keep you posted.

Have you contacted another dealer?

Hi Sir , as a follow-up , Few things here please

1. There is only one Dealer in my city for Audi:

And this is the Lease info from the Dealer for Prestige


and this is for Premium Plus :


2. I tried to negotiate the MF , but here is the response from them : "you are absolutely correct that the wholesale rate is 0.00169. We are given the option from Audi to mark it up to 0.00294. We are only marking up the Money Factor by what is effectively 1 percentage point, which equals the 0.00209 that you were shown. Wholesale interest is 4.056%. Our retail rate is 5.016%. We feel that less than 1% markup is fair to our customers."

3. I tried to (phone) contact another dealer , 3 Hrs drive away from my city . I was informed that , it will a monthly payment of 900 $ for zero down , inclusive of taxes for Prestige , where MSRP was $56,140. I am yet to receive the break down . I think I was told residual was 58% and MF was 0.00200 , I am yet to receive the email with break down from them tomorrow .

Kindly suggest . Thank you very much.

1. Lack of competition does hurt you - good that you're looking at other dealers, anyway.
2. So, they're only screwing you a little bit, not as much as they could. Nice of them to admit that. Lots of folks get the buy rate when leasing from Audi.
3. While I agree with the math on the worksheet, there is more room to negotiate on the price. Generally, 6% off sticker is a good discount, but if they are marking up the MF, then I would target an even bigger discount to offset that.
4. Sounds like the second dealer is already offering you a better deal on the Prestige. Higher MSRP, but a lower payment.
5. The Premium Plus is the better buy, given the higher residual.

venki2018

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

venki2018 said:

Michaell said:

venki2018 said:

Michaell said:

venki2018 said:

Hi

Can you please share 2018 Q5 Premium Plus : MF and RV : for

36/12, 39/12 :
36/10, 39/10 :

For Nashville , TN.

Thanks,
Venki

36/12 - .00169 and 58%
39/12 - .00189 and 56%
Add 1% for 10K
$1000 loyalty

Thank you Mr. Michaell. I got the below quote from dealer. This is my first lease, can you please confirm, if this a good one? I feel this very high and equivalent to finance numbers.

Premium Plus Quattro: Zero Down, Zero amount at Signing

MSRP 53235
Discount 3724
S_____ Price 49511
Phantom Footprint 99
PermaPlate Protection 995
Total Purchase 50605
Doc Fee 589
Tax 3622
Title Fee 90
Business Tax 153
Net Price 54 816
Balance 55059

Zero Down Payment : 36 months : 10,000 Mile : 839 to 854 $ per month
I was told that Monet Factor is : .0.00209
And Residual is : 59%
Kindly Suggest.

Lots wrong with that quote:

1. MF is marked up from .00169
2. TN taxes the monthly payment, so you can ignore the tax amount - that is for a purchase
3. The phantom footprint and permaplate are junk fees, and are adding $30/mo to the payment.

The one positive aspect of the quote is the 7% off sticker price.

Politely tell the dealer you won't sign a deal with an inflated MF; they know what the base rate is.

Negotiate as much as you can off the sticker to mitigate the junk fees.

Also, if you have another dealer close by, reach out to them; the competition between them for your business will get you the best price.

Thank you Sir, will speak to the dealer and see what happens.

I tried to speak to the dealer and was told that TAX of 3622 $ on vehicle is necessary and money factor of 0.00209. I am trying to negotiate and will keep you posted.

Have you contacted another dealer?

Hi Sir , as a follow-up , Few things here please

1. There is only one Dealer in my city for Audi:

And this is the Lease info from the Dealer for Prestige


and this is for Premium Plus :


2. I tried to negotiate the MF , but here is the response from them : "you are absolutely correct that the wholesale rate is 0.00169. We are given the option from Audi to mark it up to 0.00294. We are only marking up the Money Factor by what is effectively 1 percentage point, which equals the 0.00209 that you were shown. Wholesale interest is 4.056%. Our retail rate is 5.016%. We feel that less than 1% markup is fair to our customers."

3. I tried to (phone) contact another dealer , 3 Hrs drive away from my city . I was informed that , it will a monthly payment of 900 $ for zero down , inclusive of taxes for Prestige , where MSRP was $56,140. I am yet to receive the break down . I think I was told residual was 58% and MF was 0.00200 , I am yet to receive the email with break down from them tomorrow .

Kindly suggest . Thank you very much.

1. Lack of competition does hurt you - good that you're looking at other dealers, anyway.
2. So, they're only screwing you a little bit, not as much as they could. Nice of them to admit that. Lots of folks get the buy rate when leasing from Audi.
3. While I agree with the math on the worksheet, there is more room to negotiate on the price. Generally, 6% off sticker is a good discount, but if they are marking up the MF, then I would target an even bigger discount to offset that.
4. Sounds like the second dealer is already offering you a better deal on the Prestige. Higher MSRP, but a lower payment.
5. The Premium Plus is the better buy, given the higher residual.

1. Lack of competition does hurt you - good that you're looking at other dealers, anyway.
[Venki] : True Sir , I am trying.

2. So, they're only screwing you a little bit, not as much as they could. Nice of them to admit that. Lots of folks get the buy rate when leasing from Audi.

[Venki]: This is what is disturbing me from signing the dotted line. On a monthly basis if I am paying amount too close to a buying a car on loan , it just doesn't make any sense for me to be leasing it at all. But being my first luxury car , i wanted to test the waters by leasing it. I am contemplating between GLC and Audi. I liked the steering feel / driving feel of Audi . I liked the ride quality of GLC very much but I didn't like the GLC Steering feedback at all, it felt dead . Also the old school mode of changing gears using a stalk under the steering is a turn-off. I am torn between these 2 , but will have to a make a decision in next 2 days and move on. Don't want to spend much time pondering over this, will have to close this quickly.

Any expert advice of wisdom would be highly appreciated.

3. While I agree with the math on the worksheet, there is more room to negotiate on the price. Generally, 6% off sticker is a good discount, but if they are marking up the MF, then I would target an even bigger discount to offset that.

[venki] : Definitely I will negotiate for better price. yesterday when was given this quote , I was told that Premium Plus will be 6 to 7 % off but for Prestige , it will be 5 %. Doesn't matter , i will still negotiate.

4. Sounds like the second dealer is already offering you a better deal on the Prestige. Higher MSRP, but a lower payment.

[venki] : I am working with the second dealer to get the details today on a email as I cant drive 3 hrs only the quote. So waiting on them .

5. The Premium Plus is the better buy, given the higher residual.
[venki] : Premium Plus is enough. But hardly 50 $ difference in payment between Premium Plus and Prestige : And I am getting the fully features loaded for security and driver assistance , is the reason I am brought in Prestige in the picture.

Thank you for the help.

1117

Hi, can you please (re)confirm March figures for Premium Plus, 36/39/42 mo., 10k mi in DC? Thanks.

Michaell

1117 said:

Hi, can you please (re)confirm March figures for Premium Plus, 36/39/42 mo., 10k mi in DC? Thanks.

36/10 - .00169 and 59%
39/10 - .00189 and 57%
42/10 - .00189 and 55%
$1000 loyalty

HokNYC

Hi, please provide MF,RV and any incentives for 2018 q5 premium plus in NJ. 36/12. Thanks

Michaell

hok_97 said:

Hi, please provide MF,RV and any incentives for 2018 q5 premium plus in NJ. 36/12. Thanks

.00169 and 58%
$1000 loyalty