Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Have you recently bought/leased a new car online and requested a home delivery due to coronavirus? A reporter would like to speak to you; please reach out to [email protected] by 4/8 for more details.
Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

Q5 Premium Plus vs. Q5 Prestige Residuals

AprelAprel Hartford, CTPosts: 6
edited July 2017 in Audi
I've been reading this forum (nice job BTW) and something struck me as odd.

Question: I show the residual for Q5 Premium Plus to be around 62% and the Prestige to be around 58%. (Northeast US, 36M/12K miles/year). This is saying that the PP (at the same price) should be LESS money per month - even if the final price is the same - correct? Why is the Prestige's residual so much lower?

One other thing - if someone could provide a great URL that provides a comprehensive breakdown of all the lease calculations. I understand residual - but there seems to be other fees that confuse me a bit - every time I lease - I feel like numbers are being hidden from me and I'm not getting a fair deal.

Thanks - you guys rock.

Comments

  • kyfdxkyfdx Posts: 148,736
    Aprel said:

    I've been reading this forum (nice job BTW) and something struck me as odd.

    Question: I show the residual for Q5 Premium Plus to be around 62% and the Prestige to be around 58%. (Northeast US, 36M/12K miles/year). This is saying that the PP (at the same price) should be LESS money per month - even if the final price is the same - correct? Why is the Prestige's residual so much lower?

    One other thing - if someone could provide a great URL that provides a comprehensive breakdown of all the lease calculations. I understand residual - but there seems to be other fees that confuse me a bit - every time I lease - I feel like numbers are being hidden from me and I'm not getting a fair deal.

    Thanks - you guys rock.

    It's typical for higher trim lines to have lower residual percentages.

    You are correct.. P+ with the same MSRP as the Prestige would be much cheaper to lease. Of course, very few of the P+ will match MSRP of the Prestige, making the Prestige much more expensive.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.