2018 Audi Q7 Lease Deals and Prices

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  • MichaellMichaell Moderator Posts: 263,559
    edited March 2018

    1) What is the residual value for an Audi Q7 2.0 Prestige Plus+ 36/12k and 42/12k in NEW JERSEY? What about 36/15k and 42/15k?
    2) What payment should I expect on a car with MSRP $65000. Out of pocket expense of $1500 ONLY? On a 36/12 and a 42/12
    3)What would buying the AudiCare do to the price?

    The 2.0T only comes in Premium or Premium Plus trims.

    36/15 - .00185 and 56%
    42/15 - .00205 and 52%
    Add 2% for 12K
    $1000 loyalty

    We would need the selling price or adjusted cap cost to model a payment

    AudiCare is $869 for the Q7, and adding it increases the residual by 1%

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  • gmatv16gmatv16 Member Posts: 12
    Hello Michael, kyfdx,

    Could you please tell us MF and residual for 3.0 P+/ Prestige for 10k/36 & 12k/36 in TX? 

    thanks.
  • kyfdxkyfdx Moderator Posts: 267,338
    gmatv16 said:

    Hello Michael, kyfdx,

    Could you please tell us MF and residual for 3.0 P+/ Prestige for 10k/36 & 12k/36 in TX? 

    thanks.

    .00187 MF and 56%/55% residual

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  • gmatv16gmatv16 Member Posts: 12
    Is it same for 10k and 12k miles ?
  • gmatv16gmatv16 Member Posts: 12
    Or same for premium plus and prestige?
  • kyfdxkyfdx Moderator Posts: 267,338
    gmatv16 said:

    Or same for premium plus and prestige?

    Sorry, those were the Prestige residuals.

    Premium Plus residuals are 3% higher.

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  • gmatv16gmatv16 Member Posts: 12
    In that case does it make sense to get premium plus with vision package + warm weather to match features of base prestige but i get higher residual?
  • MichaellMichaell Moderator Posts: 263,559
    gmatv16 said:

    In that case does it make sense to get premium plus with vision package + warm weather to match features of base prestige but i get higher residual?

    Yes, absolutely.

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  • bigdipper2bigdipper2 Member Posts: 4
    Hi:
    Leasing a 2018 Q7 Prestige w MSRP of 71,095 purchase price of 66,118.  36m/12k miles.  I'm being quoted a residual rate of .55 and MF of .00203.   Buying in CT but live in NY.  Is this a good deal? Is the MF based on your credit rating like an APR finance rate is?Also, is it typical to see incidental fees in leases like a $3 lemon law surcharge and initial reg fee of $10 and multiple registration fees totaling over 500 on top of an already included dealer conveyance fee of 499?
    Thank you  

  • kyfdxkyfdx Moderator Posts: 267,338

    Hi:
    Leasing a 2018 Q7 Prestige w MSRP of 71,095 purchase price of 66,118.  36m/12k miles.  I'm being quoted a residual rate of .55 and MF of .00203.   Buying in CT but live in NY.  Is this a good deal? Is the MF based on your credit rating like an APR finance rate is?Also, is it typical to see incidental fees in leases like a $3 lemon law surcharge and initial reg fee of $10 and multiple registration fees totaling over 500 on top of an already included dealer conveyance fee of 499?
    Thank you  

    .00187 MF and 55% residual

    Yes, money factor can vary with credit rating. Dealers can also mark up the rate for extra profit.

    I don't know all of the fees you are being charged, but the two you listed are normal.
    Seems like NY DMV fees (which you will be paying) are less than $300 total. Plus, the doc fee is capped at $75. Just consider that $499 conveyance fee as part of the price, and see if you still like the price after adding $500.

    Is it a good deal? What is the payment?

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  • maxbayesmaxbayes Member Posts: 10
    Michaell said:

    maxbayes said:

    Michaell said:

    maxbayes said:

    Hi

    I got quoted the following for a Q7 2.0 premium plus in NJ 36/12 lease

    MSRP 56775
    Selling price: 53700
    Lease: $745/month, with $4738 in taxes and fees

    Does it look reasonable, what're the typical fees that I should be paying, want to make sure I am not being overcharged over there. I'll call back tomorrow to get a breakdown of the fees/taxes

    Thanks,

    .00185 and 58%

    Assuming the $4738 covers everything, the prices provided give me a payment of $737/mo. Close, but still about $300 apart on the cap cost.

    I'd look at that list of fees and taxes very closely....we recommend only paying the first payment and registration fees at signing, and roll the rest into the lease payment.

    Might also be a few hundred more to give in the selling price, as well.

    The Q7 lease program isn't just that great, to begin with.
    Thanks got this from another dealer who suggested 39/12 on a car with MSRP $51,850

    39/12000
    $4257 taxes and fees
    689 a month

    MF:00140
    Res:57%

    breakdown of due at signing
    document fee 449 dmv 399 bank fee 895 first payment 689 taxes 1825

    Does anything looks marked up here. This does seem like a better deal, 1% residual for 3 months and lower MF.

    Thanks
    The base 39 month MF is actually .00020 higher than the base 36 month residual, which tells me that the first dealer was marking up the MF.

    What is the net cap cost of the second offer?

    Same advice applies to taxes and fees - roll them into the lease payment.
    Michaell said:

    maxbayes said:

    Michaell said:

    maxbayes said:

    Hi

    I got quoted the following for a Q7 2.0 premium plus in NJ 36/12 lease

    MSRP 56775
    Selling price: 53700
    Lease: $745/month, with $4738 in taxes and fees

    Does it look reasonable, what're the typical fees that I should be paying, want to make sure I am not being overcharged over there. I'll call back tomorrow to get a breakdown of the fees/taxes

    Thanks,

    .00185 and 58%

    Assuming the $4738 covers everything, the prices provided give me a payment of $737/mo. Close, but still about $300 apart on the cap cost.

    I'd look at that list of fees and taxes very closely....we recommend only paying the first payment and registration fees at signing, and roll the rest into the lease payment.

    Might also be a few hundred more to give in the selling price, as well.

    The Q7 lease program isn't just that great, to begin with.
    Thanks got this from another dealer who suggested 39/12 on a car with MSRP $51,850

    39/12000
    $4257 taxes and fees
    689 a month

    MF:00140
    Res:57%

    breakdown of due at signing
    document fee 449 dmv 399 bank fee 895 first payment 689 taxes 1825

    Does anything looks marked up here. This does seem like a better deal, 1% residual for 3 months and lower MF.

    Thanks
    The base 39 month MF is actually .00020 higher than the base 36 month residual, which tells me that the first dealer was marking up the MF.

    What is the net cap cost of the second offer?

    Same advice applies to taxes and fees - roll them into the lease payment.
    This was from US Bank, a lot of dealers are giving me a good rate with US Bank leasing. Any opinions on them.

    The best I've got is $639/mo 36/12 with 4000 down (taxes/fees) for MSRP $56900
    and $569 for 36/12 with 4000 down (taxes/fees) for MSRP $52400
  • bigdipper2bigdipper2 Member Posts: 4
    Thanks.  I know Audi had a recent 2.99% financing/leasing rate.  Don't see this, but getting the 1k audi loyalty. MF seems to equate to 4.87%. Payment is quoted at 1,089. 2k down that will be covering 1st mo. and fees like ACQ 895, doc 499 and assoc taxes on those.  357 actual going to cap reduction. Thanks again  
  • MichaellMichaell Moderator Posts: 263,559
    maxbayes said:

    Michaell said:

    maxbayes said:

    Michaell said:

    maxbayes said:

    Hi

    I got quoted the following for a Q7 2.0 premium plus in NJ 36/12 lease

    MSRP 56775
    Selling price: 53700
    Lease: $745/month, with $4738 in taxes and fees

    Does it look reasonable, what're the typical fees that I should be paying, want to make sure I am not being overcharged over there. I'll call back tomorrow to get a breakdown of the fees/taxes

    Thanks,

    .00185 and 58%

    Assuming the $4738 covers everything, the prices provided give me a payment of $737/mo. Close, but still about $300 apart on the cap cost.

    I'd look at that list of fees and taxes very closely....we recommend only paying the first payment and registration fees at signing, and roll the rest into the lease payment.

    Might also be a few hundred more to give in the selling price, as well.

    The Q7 lease program isn't just that great, to begin with.
    Thanks got this from another dealer who suggested 39/12 on a car with MSRP $51,850

    39/12000
    $4257 taxes and fees
    689 a month

    MF:00140
    Res:57%

    breakdown of due at signing
    document fee 449 dmv 399 bank fee 895 first payment 689 taxes 1825

    Does anything looks marked up here. This does seem like a better deal, 1% residual for 3 months and lower MF.

    Thanks
    The base 39 month MF is actually .00020 higher than the base 36 month residual, which tells me that the first dealer was marking up the MF.

    What is the net cap cost of the second offer?

    Same advice applies to taxes and fees - roll them into the lease payment.
    Michaell said:

    maxbayes said:

    Michaell said:

    maxbayes said:

    Hi

    I got quoted the following for a Q7 2.0 premium plus in NJ 36/12 lease

    MSRP 56775
    Selling price: 53700
    Lease: $745/month, with $4738 in taxes and fees

    Does it look reasonable, what're the typical fees that I should be paying, want to make sure I am not being overcharged over there. I'll call back tomorrow to get a breakdown of the fees/taxes

    Thanks,

    .00185 and 58%

    Assuming the $4738 covers everything, the prices provided give me a payment of $737/mo. Close, but still about $300 apart on the cap cost.

    I'd look at that list of fees and taxes very closely....we recommend only paying the first payment and registration fees at signing, and roll the rest into the lease payment.

    Might also be a few hundred more to give in the selling price, as well.

    The Q7 lease program isn't just that great, to begin with.
    Thanks got this from another dealer who suggested 39/12 on a car with MSRP $51,850

    39/12000
    $4257 taxes and fees
    689 a month

    MF:00140
    Res:57%

    breakdown of due at signing
    document fee 449 dmv 399 bank fee 895 first payment 689 taxes 1825

    Does anything looks marked up here. This does seem like a better deal, 1% residual for 3 months and lower MF.

    Thanks
    The base 39 month MF is actually .00020 higher than the base 36 month residual, which tells me that the first dealer was marking up the MF.

    What is the net cap cost of the second offer?

    Same advice applies to taxes and fees - roll them into the lease payment.
    This was from US Bank, a lot of dealers are giving me a good rate with US Bank leasing. Any opinions on them.

    The best I've got is $639/mo 36/12 with 4000 down (taxes/fees) for MSRP $56900
    and $569 for 36/12 with 4000 down (taxes/fees) for MSRP $52400
    We don't have the numbers from US Bank to confirm whether or not the dealer is marking them up.

    One thing to be aware of is that US Bank won't have a vested interest in you as a repeat customer, so the end of lease charges may be higher.

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  • kar_freakkar_freak Member Posts: 148
    Looking for lease numbers on a 2.0 Premium 12k miles for 24/36/39/42 terms in TX. Any incentives?

    Do you know if VW owners qualify for loyalty?

    Thanks!
  • MichaellMichaell Moderator Posts: 263,559
    kar_freak said:

    Looking for lease numbers on a 2.0 Premium 12k miles for 24/36/39/42 terms in TX. Any incentives?

    Do you know if VW owners qualify for loyalty?

    Thanks!

    .00185 and 65% / 58% (24/36)
    .00205 and 56% / 54% (39/42)
    $1000 loyalty

    VW owners do not qualify.

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  • gmatv16gmatv16 Member Posts: 12
    edited March 2018
    Hi Michaell, kyfdx,

    can you help me giving me monthly payment with base MF 0.00187 and 60% residual (premium plus w audi care for 10k/3yr)

    MSRP: $67,985
    SP: $58,543+157.25(doc fee)+3,658.94(TX sales tax)+1098(DMV other fee) == $63,457.19.

    i wanted 0 down but dealer gave me quote of $860 per month with 2500 down. Refusing to give details on residual and MF

    So what is monthly payment with 0 down for 60% resi and 0.00187 MF? My math tells me I should be paying $824 per month instead of dealers $929 with 0 down. Is that correct? I am getting big discount but he is marking MF..

    Much appreciated.
  • MichaellMichaell Moderator Posts: 263,559
    gmatv16 said:

    Hi Michaell, kyfdx,

    can you help me giving me monthly payment with base MF 0.00187 and 60% residual (premium plus w audi care for 10k/3yr)

    MSRP: $67,985
    SP: $58,543+157.25(doc fee)+3,658.94(TX sales tax)+1098(DMV other fee) == $63,457.19.

    i wanted 0 down but dealer gave me quote of $860 per month with 2500 down. Refusing to give details on residual and MF

    So what is monthly payment with 0 down for 60% resi and 0.00187 MF? My math tells me I should be paying $824 per month instead of dealers $929 with 0 down. Is that correct? I am getting big discount but he is marking MF..

    Much appreciated.

    2.0T or 3.0T?

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  • gmatv16gmatv16 Member Posts: 12
    3.0T Premium Plus
  • kyfdxkyfdx Moderator Posts: 267,338
    gmatv16 said:

    Hi Michaell, kyfdx,

    can you help me giving me monthly payment with base MF 0.00187 and 60% residual (premium plus w audi care for 10k/3yr)

    MSRP: $67,985
    SP: $58,543+157.25(doc fee)+3,658.94(TX sales tax)+1098(DMV other fee) == $63,457.19.

    i wanted 0 down but dealer gave me quote of $860 per month with 2500 down. Refusing to give details on residual and MF

    So what is monthly payment with 0 down for 60% resi and 0.00187 MF? My math tells me I should be paying $824 per month instead of dealers $929 with 0 down. Is that correct? I am getting big discount but he is marking MF..

    Much appreciated.

    gmatv16 said:

    3.0T Premium Plus

    $824/mo. is correct.

    They would have to mark up the MF by .00100 to get to $929/mo.

    No wonder they didn't want to give you the money factor..
    Just a mere $3780 markup.. ;)

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  • rjs_214rjs_214 Member Posts: 5
    Anyone know of an MSD program with 2018 q7 P+3.0?
    I'm looking for all advantages for a lease vs. buying.
    Thanks!
  • MichaellMichaell Moderator Posts: 263,559
    rjs_214 said:

    Anyone know of an MSD program with 2018 q7 P+3.0?
    I'm looking for all advantages for a lease vs. buying.
    Thanks!

    Audi does have a lease program, but we aren't certain of the details.

    Use this link to get started:

    https://www.edmunds.com/car-leasing/

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  • bigdipper2bigdipper2 Member Posts: 4
    Hi:
    Leasing a 2018 Q7 Prestige w MSRP of 71,095 purchase price of 66,118. 36m/12k miles. I'm being quoted a residual rate of .55 and MF of .00203. Buying in CT but live in NY. Is this a good deal? Is the MF based on your credit rating like an APR finance rate is?Also, is it typical to see incidental fees in leases like a $3 lemon law surcharge and initial reg fee of $10 and multiple registration fees totaling over 500 on top of an already included dealer conveyance fee of 499?
    Thank you
    In addition to the above:
    I know Audi had a recent 2.99% financing/leasing rate. Don't see this, but getting the 1k audi loyalty. MF seems to equate to 4.87%. Payment is quoted at 1,089. 2k down that will be covering 1st mo. and fees like ACQ 895, doc 499 and assoc taxes on those. 357 actual going to cap reduction.
    Does it make sense to put another $2k down which would actually go to cap reduction?
    Many thanks.
  • MichaellMichaell Moderator Posts: 263,559

    Hi:
    Leasing a 2018 Q7 Prestige w MSRP of 71,095 purchase price of 66,118. 36m/12k miles. I'm being quoted a residual rate of .55 and MF of .00203. Buying in CT but live in NY. Is this a good deal? Is the MF based on your credit rating like an APR finance rate is?Also, is it typical to see incidental fees in leases like a $3 lemon law surcharge and initial reg fee of $10 and multiple registration fees totaling over 500 on top of an already included dealer conveyance fee of 499?
    Thank you
    In addition to the above:
    I know Audi had a recent 2.99% financing/leasing rate. Don't see this, but getting the 1k audi loyalty. MF seems to equate to 4.87%. Payment is quoted at 1,089. 2k down that will be covering 1st mo. and fees like ACQ 895, doc 499 and assoc taxes on those. 357 actual going to cap reduction.
    Does it make sense to put another $2k down which would actually go to cap reduction?
    Many thanks.

    .00187 and 55% for 36/12

    Dealer can mark up the MF for extra profit.

    7% off sticker is a good discount for Audi, but dealer is taking some of that back with the MF bump.

    Conveyance fee is junk; if you lease in NY the doc fee is capped at $75.

    We recommend only putting down the first payment and registration costs - roll the others fees into the lease payment and keep the extra cash in your pocket.

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  • bigdipper2bigdipper2 Member Posts: 4
    Thanks Michael   
    Should I decline the conveyancce fee?
  • kyfdxkyfdx Moderator Posts: 267,338

    Thanks Michael   
    Should I decline the conveyancce fee?

    They won't negotiate it.

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  • kenyancowboykenyancowboy Member Posts: 7
    Pulled the trigger on this deal over this weekend. Think I did okay. Thanks to you all in this forum.

    2018 Audi Q7 2.0T Premium Plus
    MSRP 55560
    Selling price 48238
    12K miles/yr 36mo lease
    2500 total out of pocket
    Monthly 503 plus tax (So Cal)
    Total per mo 550.99

    Let me know your thoughts. Hope this helps.
  • vendhi1vendhi1 Member Posts: 1
    Hi

    Buying a 2018 Audi Q7 Prestige with Driver's assistance and cold weather package. MSRP was $71,000 and the dealer is offering 6.2% off on MSRP which is about $66,500. Is it a good deal?? let me know

    Thanks
  • MichaellMichaell Moderator Posts: 263,559

    Pulled the trigger on this deal over this weekend. Think I did okay. Thanks to you all in this forum.

    2018 Audi Q7 2.0T Premium Plus
    MSRP 55560
    Selling price 48238
    12K miles/yr 36mo lease
    2500 total out of pocket
    Monthly 503 plus tax (So Cal)
    Total per mo 550.99

    Let me know your thoughts. Hope this helps.

    Congrats! Looks good.

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  • MichaellMichaell Moderator Posts: 263,559
    vendhi1 said:

    Hi

    Buying a 2018 Audi Q7 Prestige with Driver's assistance and cold weather package. MSRP was $71,000 and the dealer is offering 6.2% off on MSRP which is about $66,500. Is it a good deal?? let me know

    Thanks

    6% off an Audi is a strong price.

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  • tp21tp21 Member Posts: 26
    2018 2.0 and 3.0 P+; 36/10 (does Audi offer less than 10k? If so, please provide)
    MF, RV and Incentives
    40207

    Thanks!
  • MichaellMichaell Moderator Posts: 263,559
    tp21 said:

    2018 2.0 and 3.0 P+; 36/10 (does Audi offer less than 10k? If so, please provide)
    MF, RV and Incentives
    40207

    Thanks!

    36/7.5

    2.0T - .00197 and 59%
    3.0T - .00201 and 59%
    $1000 loyalty

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  • tp21tp21 Member Posts: 26
    Michaell said:

    tp21 said:

    2018 2.0 and 3.0 P+; 36/10 (does Audi offer less than 10k? If so, please provide)
    MF, RV and Incentives
    40207

    Thanks!

    36/7.5

    2.0T - .00197 and 59%
    3.0T - .00201 and 59%
    $1000 loyalty
    Thank you. Audi Care adds 1%, right?

    What is MF and RV for 36/10?
  • MichaellMichaell Moderator Posts: 263,559
    tp21 said:

    Michaell said:

    tp21 said:

    2018 2.0 and 3.0 P+; 36/10 (does Audi offer less than 10k? If so, please provide)
    MF, RV and Incentives
    40207

    Thanks!

    36/7.5

    2.0T - .00197 and 59%
    3.0T - .00201 and 59%
    $1000 loyalty
    Thank you. Audi Care adds 1%, right?

    What is MF and RV for 36/10?
    Add 1% for AudiCare
    Subtract 1% from 7.5K residual for 10K

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  • sf_audisf_audi Member Posts: 5
    Hi!

    can you please do some quick calculations for monthly payments for lease (in NYC) of 2018 Audi Q7 Prestige
    lease for 36 months
    minimum down like $3,000
    minimum mileage 7500
    car sale price 76K-3K down -1K reabate
    what should be fair lease monthly payment??
    Thanks
  • sf_audisf_audi Member Posts: 5
    ...forgot to add MSRP price is $79,075
  • 03qx03qx Member Posts: 103
    Hi, Can you please post rate, residual and incentives for a 2018 Audi Q7 Prestige in So Cal. 36mo/12K.
    Thanks !!
  • MichaellMichaell Moderator Posts: 263,559
    sf_audi said:

    Hi!

    can you please do some quick calculations for monthly payments for lease (in NYC) of 2018 Audi Q7 Prestige
    lease for 36 months
    minimum down like $3,000
    minimum mileage 7500
    car sale price 76K-3K down -1K reabate
    what should be fair lease monthly payment??
    Thanks

    sf_audi said:

    ...forgot to add MSRP price is $79,075

    .00201 and 56%

    Using $79,075 as the MSRP and $72,000 as the cap cost, the payment is $1004/mo

    Assumes taxes and fees are paid up front, in addition to the $3000.

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  • MichaellMichaell Moderator Posts: 263,559
    03qx said:

    Hi, Can you please post rate, residual and incentives for a 2018 Audi Q7 Prestige in So Cal. 36mo/12K.
    Thanks !!

    .00201 and 54%
    $1000 loyalty

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  • sf_audisf_audi Member Posts: 5
    Thank you!

    I got dealer offer now with monthly payment $999 and 6K down which cover all fees (incl. first month lease)
  • MichaellMichaell Moderator Posts: 263,559
    sf_audi said:

    Thank you!

    I got dealer offer now with monthly payment $999 and 6K down which cover all fees (incl. first month lease)

    Do you have a full breakdown of the $6000 up front money?

    We do not recommend making a cash down payment on a lease; that money would be lost if the car is stolen or totaled.

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  • sf_audisf_audi Member Posts: 5
    No I don't,
    from 3K I had breakdown like;
    Security Deposit: $0
    Advanced Payment: $1,192.63
    Upfront Charges: $1,800.00
    Total Cap Reduction: $1,007.17
    Due on delivery: $3,000.00
  • sf_audisf_audi Member Posts: 5
    but they made on the same time monthly payments for $1,192.63
  • MichaellMichaell Moderator Posts: 263,559
    sf_audi said:

    No I don't,
    from 3K I had breakdown like;
    Security Deposit: $0
    Advanced Payment: $1,192.63
    Upfront Charges: $1,800.00
    Total Cap Reduction: $1,007.17
    Due on delivery: $3,000.00

    I'd ask what the up front charges include.

    And, skip the cap reduction.

    In CA, we recommend only the first payment and DMV costs be paid at signing; roll all other fees into the lease payment.

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  • v8nmotionv8nmotion Member Posts: 16
    Please provide me 2018 Q7 3.0T Premium Plus MF and RV for 12K in WA State.

    Thank you very much.
  • MichaellMichaell Moderator Posts: 263,559
    v8nmotion said:

    Please provide me 2018 Q7 3.0T Premium Plus MF and RV for 12K in WA State.

    Thank you very much.

    Assuming 36 months, .00201 and 57%
    $1000 lease cash

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  • v8nmotionv8nmotion Member Posts: 16
    Michael, Yes 36 months. Wow MF is .0021 wow 5% interest.... Thanks
  • kyfdxkyfdx Moderator Posts: 267,338
    v8nmotion said:

    Michael, Yes 36 months. Wow MF is .0021 wow 5% interest.... Thanks

    Q7 lease numbers have never been good.

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  • v8nmotionv8nmotion Member Posts: 16
    Thank you very much.
  • bigblueapplebigblueapple Member Posts: 8
    Could you help to explain payment for the initial payment on the right column? It's for 2018 q7 p+ 36/10k.


    The mf and rv is 0.0026 and 57%. It looks pretty high. I'm in bay area, ca.
    Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 267,338

    Could you help to explain payment for the initial payment on the right column? It's for 2018 q7 p+ 36/10k.


    The mf and rv is 0.0026 and 57%. It looks pretty high. I'm in bay area, ca.
    Thanks in advance.

    .00201 MF and 58% residual for 36/10.
    What is the MSRP?

    1st payment - obvious
    CAP reduction: Likely added to get your payment under $1100
    SLS tax upfront: tax on the CAP reduction and the "other upfnt"
    1st yr fees: CA DMV fees
    Other upfrnt: $895 AFS acquisition fee + $80 dealer doc fee (taxable fees)


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