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Audi Q 5 premium plus lease

sg70sg70 texasPosts: 3
edited September 2018 in Audi
What is money factor Audi dealers use in Houston for 10K/36 months with 57 %residual on 2018 Audi q5 premium plus ?
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Answers

  • kyfdxkyfdx Posts: 148,569
    sg70 said:

    What is money factor Audi dealers use in Houston for 10K/36 months with 57 %residual on 2018 Audi q5 premium plus ?

    .00165 MF and 56% residual
    $1500 lease bonus

    The only way to get 57% on 36/10 is to purchase AudiCare

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

    Edmunds Moderator

  • sg70sg70 texasPosts: 3
    Thanks .They gave quote 57 % residual
    Here is deatails they offered on 2018 audi q5 premium plus
    MSRP : 50765
    sale price 44765 (after discounts )
    Audi rebate 1500
    Essential pkg 787 add on
    Sale price w/ adds 44052

    Tax 2753.25
    Acquisition fee 895
    licence fee, reg fee 353

    57 % residual 36 months 28936.05

    Lease payment 36 months 10K $5000 down >payment $586.26/ month
    or $22518.32 one time lease payment

    Not sure Isit good offer ? what money factor and APR they used with good credit?
    need input
    Thanks
  • kyfdxkyfdx Posts: 148,569
    sg70 said:

    Thanks .They gave quote 57 % residual
    Here is deatails they offered on 2018 audi q5 premium plus
    MSRP : 50765
    sale price 44765 (after discounts )
    Audi rebate 1500
    Essential pkg 787 add on
    Sale price w/ adds 44052

    Tax 2753.25
    Acquisition fee 895
    licence fee, reg fee 353

    57 % residual 36 months 28936.05

    Lease payment 36 months 10K $5000 down >payment $586.26/ month
    or $22518.32 one time lease payment

    Not sure Isit good offer ? what money factor and APR they used with good credit?
    need input
    Thanks

    If I add up your charges, then deduct $4400 from that (what's left over from $5000, after making the first payment), the adjusted CAP would be $43,650 approx.

    Using my residual and money factor, that gives me $542/mo.
    That looks like a big bump to the money factor, or other charges not listed. Maybe, they've added AudiCare?
    Anytime you put a big number upfront like $5000, there is room to hide a lot of stuff.

    Ask them for the money factor used.... and, ask them if they included AudiCare, because you think their residual is wrong for 36/10.

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

    Edmunds Moderator

  • sg70sg70 texasPosts: 3
    They used money factor 0.00188 for Audi q 5 told me that One time lease payment for 36 m and 10 K
    is 22053.00 Says that will pay taxes upfront in texas for vehicle
  • kyfdxkyfdx Posts: 148,569
    sg70 said:

    They used money factor 0.00188 for Audi q 5 told me that One time lease payment for 36 m and 10 K
    is 22053.00 Says that will pay taxes upfront in texas for vehicle

    .00188 MF on the single payment lease?
    They've jacked up the money factor, before giving you the discount for single-pay.

    The base MF with single payment is .00105.

    That alone adds about $2100 to the single payment amount.

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

    Edmunds Moderator

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