2018 Audi Q5 Lease Deals and Prices

1117

Michaell said:

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

Thanks Michaell. What changes if it's a Prestige instead of Premium Plus?

Michaell

1117 said:

Michaell said:

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

Thanks Michaell. What changes if it's a Prestige instead of Premium Plus?

Subtract 3% from the residual

venki2018

venki2018 said:

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.

Hi Sir,

So I worked with the other dealer and I got the below details on Quote :
Q5 Prestige
MSRP : 56210 $ - Discount (7%) 3934 = 52276 $
36 Months - 12 K Miles
Down 2000 $ (First Month payment and so on )
After my credit score validation , approx score is 742 , which once they confirm in proof , they told me that they will lower my monthly payment to 831 $.

Please suggest if this a good deal . Thank you.

venki2018

Also what is the best/reasonable discount percentage can we target to negotiate on Q5 Prestige ? Is 7% good or can I target higher ? Please suggest .

Michaell

venki2018 said:

venki2018 said:

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.

Hi Sir,

So I worked with the other dealer and I got the below details on Quote :
Q5 Prestige
MSRP : 56210 $ - Discount (7%) 3934 = 52276 $
36 Months - 12 K Miles
Down 2000 $ (First Month payment and so on )
After my credit score validation , approx score is 742 , which once they confirm in proof , they told me that they will lower my monthly payment to 831 $.

Please suggest if this a good deal . Thank you.

.00169 and 55%

With those prices, I get $785/mo with 7% tax included.

Looks like the dealer is marking up the MF on you.

Michaell

venki2018 said:

Also what is the best/reasonable discount percentage can we target to negotiate on Q5 Prestige ? Is 7% good or can I target higher ? Please suggest .

7% is a good discount, but as I noted above, the MF is marked up for profit in the financing.

kellyfjn

Just signed my lease contract (premium 36/10, Audi Care, NJ), but could not get the numbers (especially rent charge)

msrp 45350.00
gross capitalized cost 41234.02 --- [incl Audi Care, lease acquisition fee]
capitalized cost deduction 1095.00 --- [trade 3000 - doc fee 449 - licence fee 304.5 - tax 1151.1]
adjusted cap cost 40138.62
residual 27210.00
depreciation 12928.62
rent charge 5788.86 --- [I cannot get this number with the 0.00169 MF promised by the sales manager]
total base payment 18717.48
lease payment 519.93


I ended with a $519.93 monthly payment, with $3000 trade and first month payment 519.93 at time of sign.

Could you please check whether the numbers make sense (rent charge and monthly payment), assuming that they're using the base MF? Thank you!

kyfdx

kellyfjn said:

Just signed my lease contract (premium 36/10, Audi Care, NJ), but could not get the numbers (especially rent charge)

msrp 45350.00
gross capitalized cost 41234.02 --- [incl Audi Care, lease acquisition fee]
capitalized cost deduction 1095.00 --- [trade 3000 - doc fee 449 - licence fee 304.5 - tax 1151.1]
adjusted cap cost 40138.62
residual 27210.00
depreciation 12928.62
rent charge 5788.86 --- [I cannot get this number with the 0.00169 MF promised by the sales manager]
total base payment 18717.48
lease payment 519.93


I ended with a $519.93 monthly payment, with $3000 trade and first month payment 519.93 at time of sign.

Could you please check whether the numbers make sense (rent charge and monthly payment), assuming that they're using the base MF? Thank you!

If that's a 36 month lease, then the money factor isn't .00169.
.00239 MF, with those numbers

$47/mo. difference

kellyfjn

Is there any chance to argue and adjust as I've already signed yesterday? Since I emphasized many times with my sales manager that I want 0.00169?

The sales manager showed me on his computer that he's giving me 0.00169 as MF and a number of $48x.xx per month when we had the deal. Then when I went to the finance manager, he added $34.95 + tax saying that it's for the Audi Care. Now I suspect the originally $48x.xx provided by the sales manager alreally included Audi Care and the finance manager did something on the MF to increase the payment.

kyfdx said:

kellyfjn said:

Just signed my lease contract (premium 36/10, Audi Care, NJ), but could not get the numbers (especially rent charge)

msrp 45350.00
gross capitalized cost 41234.02 --- [incl Audi Care, lease acquisition fee]
capitalized cost deduction 1095.00 --- [trade 3000 - doc fee 449 - licence fee 304.5 - tax 1151.1]
adjusted cap cost 40138.62
residual 27210.00
depreciation 12928.62
rent charge 5788.86 --- [I cannot get this number with the 0.00169 MF promised by the sales manager]
total base payment 18717.48
lease payment 519.93


I ended with a $519.93 monthly payment, with $3000 trade and first month payment 519.93 at time of sign.

Could you please check whether the numbers make sense (rent charge and monthly payment), assuming that they're using the base MF? Thank you!

If that's a 36 month lease, then the money factor isn't .00169.
.00239 MF, with those numbers

$47/mo. difference

kyfdx

kellyfjn said:

Is there any chance to argue and adjust as I've already signed yesterday? Since I emphasized many times with my sales manager that I want 0.00169?

The sales manager showed me on his computer that he's giving me 0.00169 as MF and a number of $48x.xx per month when we had the deal. Then when I went to the finance manager, he added $34.95 + tax saying that it's for the Audi Care. Now I suspect the originally $48x.xx provided by the sales manager alreally included Audi Care and the finance manager did something on the MF to increase the payment.

kyfdx said:

kellyfjn said:

Just signed my lease contract (premium 36/10, Audi Care, NJ), but could not get the numbers (especially rent charge)

msrp 45350.00
gross capitalized cost 41234.02 --- [incl Audi Care, lease acquisition fee]
capitalized cost deduction 1095.00 --- [trade 3000 - doc fee 449 - licence fee 304.5 - tax 1151.1]
adjusted cap cost 40138.62
residual 27210.00
depreciation 12928.62
rent charge 5788.86 --- [I cannot get this number with the 0.00169 MF promised by the sales manager]
total base payment 18717.48
lease payment 519.93


I ended with a $519.93 monthly payment, with $3000 trade and first month payment 519.93 at time of sign.

Could you please check whether the numbers make sense (rent charge and monthly payment), assuming that they're using the base MF? Thank you!

If that's a 36 month lease, then the money factor isn't .00169.
.00239 MF, with those numbers

$47/mo. difference

Have you taken delivery?

AudiCare is residualized. Adding that would only change the payment by $10-$15/mo., at most

mmmcars

Greetings,

Could you please provide the money factor, residual, and any incentives in the Audi Q5 premium plus in Los Angeles, CA with a 36 month 12,000 and a 10,000 mile lease? Weighing if I really need the 12,000 mile based in a previous lease.

Thank you,

David

kyfdx

mmmcars said:

Greetings,

Could you please provide the money factor, residual, and any incentives in the Audi Q5 premium plus in Los Angeles, CA with a 36 month 12,000 and a 10,000 mile lease? Weighing if I really need the 12,000 mile based in a previous lease.

Thank you,

David

.00169 MF and 58%/59% residual
$1000 loyalty

rowi

Q5 AWD premium 36/15 60585. Please and thank you 

kyfdx

rowi said:

Q5 AWD premium 36/15 60585. Please and thank you 

.00169 MF and 56% residual

eurocarlov1

Hello! Could you please provide the MF and residual for a 2018 Q5 Premium Plus 36/15k? I am in Pennsylvania. Thanks!

kyfdx

eurocarlov1 said:

Hello! Could you please provide the MF and residual for a 2018 Q5 Premium Plus 36/15k? I am in Pennsylvania. Thanks!

.00169 MF and 56% residual

dieguito

Q5 AWD premium plus 36/10k and 7.5k 94043 ?. Thank you!!

kyfdx

dieguito said:

Q5 AWD premium plus 36/10k and 7.5k 94043 ?. Thank you!!

.00169 MF and 59%/60% residual

dantm

Hello, can somebody provide money factor and residual for SQ5 in 02446 zip code? Thank you!

kyfdx

dantm said:

Hello, can somebody provide money factor and residual for SQ5 in 02446 zip code? Thank you!

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

kingbear

Hi, can you please provide MF and residual for a premium plus w\ navigation package Q5 in 60076?

42/7.5
36/7.5
36/10

Thx

Michaell

kingbear said:

Hi, can you please provide MF and residual for a premium plus w\ navigation package Q5 in 60076?

42/7.5
36/7.5
36/10

Thx

36/10 - .00171 and 63%
42/10 - .00191 and 59%
Add 1% for 7.5K

mgarza5

Looking for MF and RV for following situations:

NJ - 36m/12k/Premium
NJ - 36m/12k/Premium Plus
NJ - 36m/10k/ Premium
NJ - 36m/10k/Premium Plus

NYC Metro - 36m/12k/Premium
NYC Metro - 36m/12k/Premium Plus
NYC Metro - 36m/10k/ Premium
NYC Metro - 36m/10k/Premium Plus

I'm based in Long Island (zip 11554 - 8.625% sales tax) - Does it matter where I lease?

Trade in value around $4000. No other down payment.

Looking to get a deal around $450/month with taxes included. Praying it can happen.

Thanks in advance!

kingbear

Michaell said:

kingbear said:

Hi, can you please provide MF and residual for a premium plus w\ navigation package Q5 in 60076?

42/7.5
36/7.5
36/10

Thx

36/10 - .00171 and 63%
42/10 - .00191 and 59%
Add 1% for 7.5K

I'm afraid you gave me the numbers for the SQ5. The actual numbers for a Q5 P+ are as follows:

36/10 - .00169 and 59%
42/10 - .00189 and 55%
Add 1% for 7.5K

kyfdx

mgarza5 said:

Looking for MF and RV for following situations:

NJ - 36m/12k/Premium
NJ - 36m/12k/Premium Plus
NJ - 36m/10k/ Premium
NJ - 36m/10k/Premium Plus

NYC Metro - 36m/12k/Premium
NYC Metro - 36m/12k/Premium Plus
NYC Metro - 36m/10k/ Premium
NYC Metro - 36m/10k/Premium Plus

I'm based in Long Island (zip 11554 - 8.625% sales tax) - Does it matter where I lease?

Trade in value around $4000. No other down payment.

Looking to get a deal around $450/month with taxes included. Praying it can happen.

Thanks in advance!

.00169 MF and 59%/58% residual for 10K/12K/yr
Either trim
Either location.

What MSRP?

kyfdx

kingbear said:

Michaell said:

kingbear said:

Hi, can you please provide MF and residual for a premium plus w\ navigation package Q5 in 60076?

42/7.5
36/7.5
36/10

Thx

36/10 - .00171 and 63%
42/10 - .00191 and 59%
Add 1% for 7.5K

I'm afraid you gave me the numbers for the SQ5. The actual numbers for a Q5 P+ are as follows:

36/10 - .00169 and 59%
42/10 - .00189 and 55%
Add 1% for 7.5K

You are correct

kingbear

mgarza5 said:

Looking for MF and RV for following situations:

NJ - 36m/12k/Premium
NJ - 36m/12k/Premium Plus
NJ - 36m/10k/ Premium
NJ - 36m/10k/Premium Plus

NYC Metro - 36m/12k/Premium
NYC Metro - 36m/12k/Premium Plus
NYC Metro - 36m/10k/ Premium
NYC Metro - 36m/10k/Premium Plus

I'm based in Long Island (zip 11554 - 8.625% sales tax) - Does it matter where I lease?

Trade in value around $4000. No other down payment.

Looking to get a deal around $450/month with taxes included. Praying it can happen.

Thanks in advance!

I'm not a dealer so all I can say is I don't think the location matters. The MF and residual remains the same.

36m/12k/Premium & Premium Plus: .00169 - 58%
+1% for 10k

mgarza5

kyfdx said:

mgarza5 said:

Looking for MF and RV for following situations:

NJ - 36m/12k/Premium
NJ - 36m/12k/Premium Plus
NJ - 36m/10k/ Premium
NJ - 36m/10k/Premium Plus

NYC Metro - 36m/12k/Premium
NYC Metro - 36m/12k/Premium Plus
NYC Metro - 36m/10k/ Premium
NYC Metro - 36m/10k/Premium Plus

I'm based in Long Island (zip 11554 - 8.625% sales tax) - Does it matter where I lease?

Trade in value around $4000. No other down payment.

Looking to get a deal around $450/month with taxes included. Praying it can happen.

Thanks in advance!

.00169 MF and 59%/58% residual for 10K/12K/yr
Either trim
Either location.

What MSRP?

Looking at a Premium for $45,800 MSRP. $450/month puts me at approximately 11.5% off MSRP. Doable?

kyfdx

mgarza5 said:

kyfdx said:

mgarza5 said:

Looking for MF and RV for following situations:

NJ - 36m/12k/Premium
NJ - 36m/12k/Premium Plus
NJ - 36m/10k/ Premium
NJ - 36m/10k/Premium Plus

NYC Metro - 36m/12k/Premium
NYC Metro - 36m/12k/Premium Plus
NYC Metro - 36m/10k/ Premium
NYC Metro - 36m/10k/Premium Plus

I'm based in Long Island (zip 11554 - 8.625% sales tax) - Does it matter where I lease?

Trade in value around $4000. No other down payment.

Looking to get a deal around $450/month with taxes included. Praying it can happen.

Thanks in advance!

.00169 MF and 59%/58% residual for 10K/12K/yr
Either trim
Either location.

What MSRP?

Looking at a Premium for $45,800 MSRP. $450/month puts me at approximately 11.5% off MSRP. Doable?

Seems doubtful.

Out of your $4000
$1600 sales tax
$895 acquisition fee
$300 DMV/doc fees
$450/mo. 1st payment
That only leaves $750 for CAP reduction.

At .00169 MF and 59% residual, adjusted CAP cost of $39,200 to get $450/mo.
So.. selling price of 39,950.
That's almost 13% off MSRP, when we mostly see 5%-6% off on Audis.

hrishiks

Hello - Could you please provide the money factor, residual value, and any incentives for an Audi Q5 premium plus trim in NJ and NY with a 36 month 12,000 mile lease? Thanks!

Michaell

hrishiks said:

Hello - Could you please provide the money factor, residual value, and any incentives for an Audi Q5 premium plus trim in NJ and NY with a 36 month 12,000 mile lease? Thanks!

.00169 and 58%
$1000 loyalty

hrishiks

Michaell said:

hrishiks said:

Hello - Could you please provide the money factor, residual value, and any incentives for an Audi Q5 premium plus trim in NJ and NY with a 36 month 12,000 mile lease? Thanks!

.00169 and 58%
$1000 loyalty

Thank you - does it vary for NY. Assume its the same? Also does the MF go down if I do MSDs? If so by how much?

hrishiks

Michaell said:

hrishiks said:

Hello - Could you please provide the money factor, residual value, and any incentives for an Audi Q5 premium plus trim in NJ and NY with a 36 month 12,000 mile lease? Thanks!

.00169 and 58%
$1000 loyalty

Also, does incl. Audi Care change residual value? Thanks!

johntillman

Hi - Could you let me know Q5 P and P+ MF and residual for 36/10 in Chicago?

Any thoughts appreciated also on an offer I have for any Q5 at dealer invoice +$500. Many thanks!

Michaell

hrishiks said:

Michaell said:

hrishiks said:

Hello - Could you please provide the money factor, residual value, and any incentives for an Audi Q5 premium plus trim in NJ and NY with a 36 month 12,000 mile lease? Thanks!

.00169 and 58%
$1000 loyalty

Thank you - does it vary for NY. Assume its the same? Also does the MF go down if I do MSDs? If so by how much?

Both NJ and NY are in the Eastern region.

Audi does offer an MSD program, but we don't have the details.

Michaell

hrishiks said:

Michaell said:

hrishiks said:

Hello - Could you please provide the money factor, residual value, and any incentives for an Audi Q5 premium plus trim in NJ and NY with a 36 month 12,000 mile lease? Thanks!

.00169 and 58%
$1000 loyalty

Also, does incl. Audi Care change residual value? Thanks!

Yes, add 1% to residual for AudiCare

Michaell

johntillman said:

Hi - Could you let me know Q5 P and P+ MF and residual for 36/10 in Chicago?

Any thoughts appreciated also on an offer I have for any Q5 at dealer invoice +$500. Many thanks!

.00169 and 59%, both trims
$1000 loyalty

The concept of "invoice" can mean whatever the dealer wants it to mean. How much of a discount off MSRP is it? We suggest you target 6%.

johntillman

Thanks, Michaell - it's a Friends & Family certificate that says "The vehicle is to be sold at Dealer Invoice plus $300, subtracting all current retail and Dealer incentives." (I think an older version of the form said $500.) Unfortunately, I'm not actually a friend or family -- I got the certificate through FoundersCard.

I was hoping to just go into the dealership and use it without having to do further negotiation, but it sounds like that's not in the cards if "Dealer Invoice" doesn't really mean anything.

Michaell

johntillman said:

Thanks, Michaell - it's a Friends & Family certificate that says "The vehicle is to be sold at Dealer Invoice plus $300, subtracting all current retail and Dealer incentives." (I think an older version of the form said $500.) Unfortunately, I'm not actually a friend or family -- I got the certificate through FoundersCard.

I was hoping to just go into the dealership and use it without having to do further negotiation, but it sounds like that's not in the cards if "Dealer Invoice" doesn't really mean anything.

I'll bet that if you go to three different pricing websites, you'll find three different values for the invoice price.

If the price that certificate gives you is 6% off the MSRP, then you're fine.

Audi Denver is a nice store.

y2jdmbfan

Can you guys tell me how this looks?

Q5 Prestige - MSRP $58,580.00
Drive Assist
Warm Weather
Fine Gray Ash Gray
Trailer Hitch
Cold Weather
Audi Guard
Audi Beam
Cargo cover

Looks to be about a 10.5% discount off MSRP

This includes my trade of a fully paid off 2011 Chevy Equinox with 150,000 miles which needs about $3000 of work if I were to keep it, which is why I am here to begin with. They originally offered $3,000 for it.

Michaell

y2jdmbfan said:

Can you guys tell me how this looks?

Q5 Prestige - MSRP $58,580.00
Drive Assist
Warm Weather
Fine Gray Ash Gray
Trailer Hitch
Cold Weather
Audi Guard
Audi Beam
Cargo cover

Looks to be about a 10.5% discount off MSRP

This includes my trade of a fully paid off 2011 Chevy Equinox with 150,000 miles which needs about $3000 of work if I were to keep it, which is why I am here to begin with. They originally offered $3,000 for it.

MF looks to be marked up.

And, we'd suggest you have the dealer cut you a check for the equity in your trade. That money would be lost if the car is stolen or totaled.

You live in Cook County, IL? You're paying a lot of tax - state and city. State taxes the total of the payments, while the City taxes the resultant monthly payment. Something like 17% total. Ouch.

y2jdmbfan

Michaell said:

y2jdmbfan said:

Can you guys tell me how this looks?

Q5 Prestige - MSRP $58,580.00
Drive Assist
Warm Weather
Fine Gray Ash Gray
Trailer Hitch
Cold Weather
Audi Guard
Audi Beam
Cargo cover

Looks to be about a 10.5% discount off MSRP

This includes my trade of a fully paid off 2011 Chevy Equinox with 150,000 miles which needs about $3000 of work if I were to keep it, which is why I am here to begin with. They originally offered $3,000 for it.

MF looks to be marked up.

And, we'd suggest you have the dealer cut you a check for the equity in your trade. That money would be lost if the car is stolen or totaled.

You live in Cook County, IL? You're paying a lot of tax - state and city. State taxes the total of the payments, while the City taxes the resultant monthly payment. Something like 17% total. Ouch.

I asked them about the Money Factor and I got a strange look but he went and asked the finance guy, and on the first go round it was 0.00191.

I didn't ask on this go around because they adjusted numbers to get the monthly lease payment where I wanted it.

Yeah, CROOK County, IL, you don't even want to see my property tax bill, it is ridiculous. They massaged the numbers to get my monthly payments to $699. What MF markup would be acceptable? I'm new to leasing. If she sees payments higher than $699 she may go nuts.

Also, exactly what do you mean in dummy terms about "cutting a check for the equity"?

I also have the WF (WIFE FACTOR) who I've already had a hard time explaining by leasing we can use that money we would have used as a down payment on a regular finance to pay off higher interest rate credit cards.

Thanks again for your help!

Michaell

y2jdmbfan said:

Michaell said:

y2jdmbfan said:

Can you guys tell me how this looks?

Q5 Prestige - MSRP $58,580.00
Drive Assist
Warm Weather
Fine Gray Ash Gray
Trailer Hitch
Cold Weather
Audi Guard
Audi Beam
Cargo cover

Looks to be about a 10.5% discount off MSRP

This includes my trade of a fully paid off 2011 Chevy Equinox with 150,000 miles which needs about $3000 of work if I were to keep it, which is why I am here to begin with. They originally offered $3,000 for it.

MF looks to be marked up.

And, we'd suggest you have the dealer cut you a check for the equity in your trade. That money would be lost if the car is stolen or totaled.

You live in Cook County, IL? You're paying a lot of tax - state and city. State taxes the total of the payments, while the City taxes the resultant monthly payment. Something like 17% total. Ouch.

I asked them about the Money Factor and I got a strange look but he went and asked the finance guy, and on the first go round it was 0.00191.

I didn't ask on this go around because they adjusted numbers to get the monthly lease payment where I wanted it.

Yeah, CROOK County, IL, you don't even want to see my property tax bill, it is ridiculous. They massaged the numbers to get my monthly payments to $699. What MF markup would be acceptable? I'm new to leasing. If she sees payments higher than $699 she may go nuts.

Also, exactly what do you mean in dummy terms about "cutting a check for the equity"?

I also have the WF (WIFE FACTOR) who I've already had a hard time explaining by leasing we can use that money we would have used as a down payment on a regular finance to pay off higher interest rate credit cards.

Thanks again for your help!

The base MF is .00169 - simply tell the dealer you won't sign a deal with an inflated MF

If the dealer is willing to give you $4250 for the Equinox (BTW - wow!), use it to pay the first payment and any registration costs, and the dealer can give you a check for the rest.

Not a marriage counselor, nor a personal financial advisor, so can't help you on that account.

If you're looking for a lower payment, may I suggest something other than Audi? The lease programs for them are just not as good as other brands.

kingbear

Michaell said:

Audi does offer an MSD program, but we don't have the details.

The details are as follows. Audi allows up to 10 MSD's, but only 9 of them count to reduce MF by .00005. Basically, the first one doesn't count - so from 2 through 10 will take you (for example) from .00169 to .00124

y2jdmbfan

kingbear said:

Michaell said:

Audi does offer an MSD program, but we don't have the details.

The details are as follows. Audi allows up to 10 MSD's, but only 9 of them count to reduce MF by .00005. Basically, the first one doesn't count - so from 2 through 10 will take you (for example) from .00169 to .00124

What is an MSD? Can you explain?

Michaell

y2jdmbfan said:

kingbear said:

Michaell said:

Audi does offer an MSD program, but we don't have the details.

The details are as follows. Audi allows up to 10 MSD's, but only 9 of them count to reduce MF by .00005. Basically, the first one doesn't count - so from 2 through 10 will take you (for example) from .00169 to .00124

What is an MSD? Can you explain?

Multiple Security Deposit - an amount equal to the monthly payment, rounded up to the next $50.

Those monies are returned at the end of the lease.

flux_dmc12

Could I get the numbers for the 2018 Q5 premium plus with navigation in the Dallas-Ft. Worth Area, 36 months at 10k and 12k.

Thanks!

kyfdx

flux_dmc12 said:

Could I get the numbers for the 2018 Q5 premium plus with navigation in the Dallas-Ft. Worth Area, 36 months at 10k and 12k.

Thanks!

.00169 MF and 59%/58% residual

kingbear

Michaell said:

y2jdmbfan said:

kingbear said:

Michaell said:

Audi does offer an MSD program, but we don't have the details.

The details are as follows. Audi allows up to 10 MSD's, but only 9 of them count to reduce MF by .00005. Basically, the first one doesn't count - so from 2 through 10 will take you (for example) from .00169 to .00124

What is an MSD? Can you explain?

Multiple Security Deposit - an amount equal to the monthly payment, rounded up to the next $50.

Those monies are returned at the end of the lease.

Audi's MSD's are rounded up to the nearest $25, not $50.

hrishiks

Hi - I am looking at leasing (12k/36 mos) a 2018 Q5 Premium Plus in the state of NJ. MSRP is $47,855 and I have negotiated a selling price of $42,000 including the $1,000 loyalty incentive I qualify for given that I am a current Audi owner. Assuming that I am NOT making any down payments/capital cost reduction and assuming that I purchase Audi Care, what would my monthly lease payment be if I only capitalize the sales tax?

Also, do you think there is more room to negotiate anything beyond the 12.2% discount the selling price represents (incl. the loyalty incentive)?

Thanks!