2019 Audi Q8 Lease Deals and Prices

mike99cmike99c Member Posts: 17
edited January 2020 in Audi
Hi...do you happen to have the lease rates for October/November for an Audi Q8 Prestige in zip code 02062 (Massachusetts)? Thank you.
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  • mike99cmike99c Member Posts: 17
    Sorry to clarify 36 months/10k miles and 24 months/10k miles. Thanks!
  • kyfdxkyfdx Moderator Posts: 249,125
    mike99c said:

    Hi...do you happen to have the lease rates for October/November for an Audi Q8 Prestige in zip code 02062 (Massachusetts)? Thank you.

    Nothing on the Q8, yet.

    Maybe, next month.

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  • mike99cmike99c Member Posts: 17
    Ok thanks. I’ll check back then. Thanks for the quick response.
  • bigthumperbigthumper Member Posts: 35
    My dealer just got 2 of them. They gave me a quote which I'm guessing is very much inflated (based on how they quoted me for an A7).

    I will also wait until November when you can validate the MF and residual.
  • mike99cmike99c Member Posts: 17
    I picked one up over the weekend. What I know is that the residuals for 36/10 are 56% for Prestige; 58% for Premium Plus. 24/10 residual for Prestige is 63%. Add 1% for Audi Care ($869) which for me had the net effect of adding about $7 per month to my payment.

    The money factors I was quoted - base rate .00254. They initially wanted .00304 but was able to negotiate to .00274. Since I wanted the car and got a decent discount (4%) for a brand new model and a good trade number I was willing to live with that. Picking it up tomorrow. It's an awesome vehicle! At this price point, it isn't all about the economics of the deal.
  • mike99cmike99c Member Posts: 17
    Also, there is $1k loyalty available if you lease/finance through Audi Financial.
  • kyfdxkyfdx Moderator Posts: 249,125
    mike99c said:

    I picked one up over the weekend. What I know is that the residuals for 36/10 are 56% for Prestige; 58% for Premium Plus. 24/10 residual for Prestige is 63%. Add 1% for Audi Care ($869) which for me had the net effect of adding about $7 per month to my payment.

    The money factors I was quoted - base rate .00254. They initially wanted .00304 but was able to negotiate to .00274. Since I wanted the car and got a decent discount (4%) for a brand new model and a good trade number I was willing to live with that. Picking it up tomorrow. It's an awesome vehicle! At this price point, it isn't all about the economics of the deal.

    Congrats on the new Audi!

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  • mike99cmike99c Member Posts: 17
    Thank you!!
  • bigthumperbigthumper Member Posts: 35
    mike99c said:

    I picked one up over the weekend. What I know is that the residuals for 36/10 are 56% for Prestige; 58% for Premium Plus. 24/10 residual for Prestige is 63%. Add 1% for Audi Care ($869) which for me had the net effect of adding about $7 per month to my payment.

    The money factors I was quoted - base rate .00254. They initially wanted .00304 but was able to negotiate to .00274. Since I wanted the car and got a decent discount (4%) for a brand new model and a good trade number I was willing to live with that. Picking it up tomorrow. It's an awesome vehicle! At this price point, it isn't all about the economics of the deal.

    Congrats! My initial quoted MF was .00304. However, they have told me they will give me the base rate for whichever Audi I wanted. I was able to demonstrate I knew what the base rate is....on the A7 at least. :-)

    Thanks for the guidance on how much off MSRP you got. I was wondering about that.
  • rytashrytash Member Posts: 17
    Hello! Can you please tell me what the 36/15k and 39/15k MF and RES are for this month. 
  • rytashrytash Member Posts: 17
    Zip Code 97005
  • MichaellMichaell Moderator Posts: 248,879
    rytash said:

    Hello! Can you please tell me what the 36/15k and 39/15k MF and RES are for this month. 

    rytash said:

    Zip Code 97005

    .00261 and 57%
    .00281 and 55%
    Premium and Premium Plus; subtract 4% for Prestige

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  • gibsontgibsont Member Posts: 1
    Hi! Could you please tell me the MF and RES for a 36/10 lease on a Audi Q8 Prestige (w/ options MSRP at $80,795) for zip 80202?
    Thanks!
  • kyfdxkyfdx Moderator Posts: 249,125
    gibsont said:

    Hi! Could you please tell me the MF and RES for a 36/10 lease on a Audi Q8 Prestige (w/ options MSRP at $80,795) for zip 80202?
    Thanks!

    .00261 MF and 56% residual

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  • jrjunior31jrjunior31 Member Posts: 14
    mike99c said:
    I picked one up over the weekend. What I know is that the residuals for 36/10 are 56% for Prestige; 58% for Premium Plus. 24/10 residual for Prestige is 63%. Add 1% for Audi Care ($869) which for me had the net effect of adding about $7 per month to my payment. The money factors I was quoted - base rate .00254. They initially wanted .00304 but was able to negotiate to .00274. Since I wanted the car and got a decent discount (4%) for a brand new model and a good trade number I was willing to live with that. Picking it up tomorrow. It's an awesome vehicle! At this price point, it isn't all about the economics of the deal.
    what state? Dealers in SoCal are saying no discount off msrp?!
  • mike99cmike99c Member Posts: 17
    Massachusetts
  • jrjunior31jrjunior31 Member Posts: 14
    mike99c said:
    I picked one up over the weekend. What I know is that the residuals for 36/10 are 56% for Prestige; 58% for Premium Plus. 24/10 residual for Prestige is 63%. Add 1% for Audi Care ($869) which for me had the net effect of adding about $7 per month to my payment. The money factors I was quoted - base rate .00254. They initially wanted .00304 but was able to negotiate to .00274. Since I wanted the car and got a decent discount (4%) for a brand new model and a good trade number I was willing to live with that. Picking it up tomorrow. It's an awesome vehicle! At this price point, it isn't all about the economics of the deal.
    What state is this? Anyone getting discounts in SoCal?
  • clevernameclevername Member Posts: 7
    Could you please tell me the MF and RES for a 36/10 lease on a Q8 Prestige for zip 06830? Thanks.
  • kyfdxkyfdx Moderator Posts: 249,125

    Could you please tell me the MF and RES for a 36/10 lease on a Q8 Prestige for zip 06830? Thanks.

    .00261 MF and 56% residual

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  • AbbAbb Member Posts: 8
    Can someone explain the MF and how the the rate affects price? I see discussion on it being negotiated and I never knew that was possible. 
  • MichaellMichaell Moderator Posts: 248,879
    Abb said:

    Can someone explain the MF and how the the rate affects price? I see discussion on it being negotiated and I never knew that was possible. 

    The MF we quote is for top tier credit, and it represents how much "rent charge" (interest) you pay for the lease.

    The price is a negotiable part of the transaction.

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  • kyfdxkyfdx Moderator Posts: 249,125
    Abb said:

    Can someone explain the MF and how the the rate affects price? I see discussion on it being negotiated and I never knew that was possible. 

    It's just any possible markup that's negotiable. The base rate is as low as you can go.

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  • AbbAbb Member Posts: 8
    kyfdx said:
    Can someone explain the MF and how the the rate affects price? I see discussion on it being negotiated and I never knew that was possible. 
    It's just any possible markup that's negotiable. The base rate is as low as you can go.
    So to clarify: the MF can be negotiated?
  • MichaellMichaell Moderator Posts: 248,879
    Abb said:


    kyfdx said:

    Abb said:

    Can someone explain the MF and how the the rate affects price? I see discussion on it being negotiated and I never knew that was possible. 

    It's just any possible markup that's negotiable. The base rate is as low as you can go.

    So to clarify: the MF can be negotiated?

    Only if the dealer has marked it up.

    The number we provide is the base rate, and you cannot go lower than that, other than to use MSDs

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  • jky72jky72 Member Posts: 4
    edited December 2018
    Do you happen to know the RV/MF for December 2018 for 36 months, 10k miles in 92831, Audi Q8 Prestige? Thank you in advance.
  • kyfdxkyfdx Moderator Posts: 249,125
    jky72 said:

    Do you happen to know the RV/MF for December 2018 for 36 months, 10k miles in 92831, Audi Q8 Prestige? Thank you in advance.

    .00271 MF and 56% residual

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  • ktg75ktg75 Member Posts: 1
    Can you please provide RV and base rate MF for December 2018 for 36 months, 10k miles for zip code 60093. Audi Q8 Premium Plus and Q8 Prestige. Thank you very much.
  • kyfdxkyfdx Moderator Posts: 249,125
    ktg75 said:

    Can you please provide RV and base rate MF for December 2018 for 36 months, 10k miles for zip code 60093. Audi Q8 Premium Plus and Q8 Prestige. Thank you very much.

    .00271 MF
    60%/56% residual for P+/Prestige

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  • florencevaflorenceva Member Posts: 17
    can you provide RV and MF for December 2018 on 12k/year for premium and premium plus for zip code 76117.thank you
  • MichaellMichaell Moderator Posts: 248,879

    can you provide RV and MF for December 2018 on 12k/year for premium and premium plus for zip code 76117.thank you

    36/12
    .00271 and 59%

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  • mb_enthusiastmb_enthusiast Member Posts: 234
    I am looking for the current MF and residual for the Prestige trim in zip code 60202.

    36/10k, 36/12k, and 36/15k or other best term.

    Thank you!
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • kyfdxkyfdx Moderator Posts: 249,125

    I am looking for the current MF and residual for the Prestige trim in zip code 60202.

    36/10k, 36/12k, and 36/15k or other best term.

    Thank you!

    36/15
    .00271 MF and 53% residual

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  • mb_enthusiastmb_enthusiast Member Posts: 234
    kyfdx said:

    I am looking for the current MF and residual for the Prestige trim in zip code 60202.

    36/10k, 36/12k, and 36/15k or other best term.

    Thank you!

    36/15
    .00271 MF and 53% residual
    I am a Mercedes guy, and I am looking at Land Rover and Volvo this time around. Are Audi MFs usually this high? I feel like this is crazy! I know this is a brand new model and all, but really?

    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • kyfdxkyfdx Moderator Posts: 249,125

    kyfdx said:

    I am looking for the current MF and residual for the Prestige trim in zip code 60202.

    36/10k, 36/12k, and 36/15k or other best term.

    Thank you!

    36/15
    .00271 MF and 53% residual
    I am a Mercedes guy, and I am looking at Land Rover and Volvo this time around. Are Audi MFs usually this high? I feel like this is crazy! I know this is a brand new model and all, but really?

    That's it... you'll be the first one on the block! ;)

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  • mb_enthusiastmb_enthusiast Member Posts: 234
    Out of curiosity, do you have any numbers for any terms for less than 36 months?

    The MFs on the Q8 and the Mercedes E450 wagon are killing me. I like both of these models more than anything else I have looked at, but $400/month in interest is ridiculous to me.

    I'm looking to replace a loaded 2011 R350 BlueTEC (heated steering wheel, heated rear seats, premium sound, lighting package, adaptive damping suspension, panoramic sunroof, blind spot assist, etc.). I like the massive amount of low-end torque coming out of that 3.0L V6 (400ft-lb @ 1600 rpm). I also want the absolute latest technology, safety, and driver assistance features. I want something smaller, but not too small. The Velar and the GLC strike me as a little small—the smallest that I would like to go (I have a 150lb dog). That's one of the reasons the Q8 is also really attractive, and why I have been forced to look at the Discovery and XC90. I would like to be around $1200/month or lower with 0 down (8.25% tax rate here), but I am flexible. Does anyone have any recommendations?
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • kyfdxkyfdx Moderator Posts: 249,125

    Out of curiosity, do you have any numbers for any terms for less than 36 months?

    The MFs on the Q8 and the Mercedes E450 wagon are killing me. I like both of these models more than anything else I have looked at, but $400/month in interest is ridiculous to me.

    I'm looking to replace a loaded 2011 R350 BlueTEC (heated steering wheel, heated rear seats, premium sound, lighting package, adaptive damping suspension, panoramic sunroof, blind spot assist, etc.). I like the massive amount of low-end torque coming out of that 3.0L V6 (400ft-lb @ 1600 rpm). I also want the absolute latest technology, safety, and driver assistance features. I want something smaller, but not too small. The Velar and the GLC strike me as a little small—the smallest that I would like to go (I have a 150lb dog). That's one of the reasons the Q8 is also really attractive, and why I have been forced to look at the Discovery and XC90. I would like to be around $1200/month or lower with 0 down (8.25% tax rate here), but I am flexible. Does anyone have any recommendations?

    The numbers don't get any better with shorter terms.

    What's wrong with the Q7?

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  • mb_enthusiastmb_enthusiast Member Posts: 234
    I think the Q7 is ugly. I have mixed feelings about VW products. I owned a VW Phaeton (it was a good car), but I also won a multi-thousand dollar judgment against an Audi dealership in my area not too long ago. The Q8 is the only thing from them that has caught my attention and impressed me.
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • mb_enthusiastmb_enthusiast Member Posts: 234
    I was just quoted .00396 MF for 36/10k. Dealer zip 60053.
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • MichaellMichaell Moderator Posts: 248,879

    I was just quoted .00396 MF for 36/10k. Dealer zip 60053.

    Which represents the max AFS markup of .00125....

    Shew.

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  • mb_enthusiastmb_enthusiast Member Posts: 234
    Michaell said:

    I was just quoted .00396 MF for 36/10k. Dealer zip 60053.

    Which represents the max AFS markup of .00125....

    Shew.
    I realized that after I posted that. I think the base MF is too high anyway. Oh well, I'll have to wait or find something else.
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • jonheltjonhelt Member Posts: 1
    Hi, could you check the MF and residual for Q8 Premium Plus 36/12 lease, MSRP $82850? Zip 94110

    Thank you so much!
  • kyfdxkyfdx Moderator Posts: 249,125
    jonhelt said:

    Hi, could you check the MF and residual for Q8 Premium Plus 36/12 lease, MSRP $82850? Zip 94110

    Thank you so much!

    .00271 MF and 59% residual

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  • Smartinez24Smartinez24 Member Posts: 24
    New Jersey ... January MF and RV for prestige and p+ please 
  • AudiFan707AudiFan707 Member Posts: 1
    Just got quoted 0.00325 with 57% Residual on a Prestige 36/7500 lease. Zip code 94928
  • edmgc18edmgc18 Member Posts: 179
    Hi, can I please get the new January MF, RV, incentives, and inception fees (Bank/acquisition etc) and AudiCare price for a 2019 Q8 P+ and Prestige Quattro, 39/12 and 36/12 in zip 08527?
  • kyfdxkyfdx Moderator Posts: 249,125

    New Jersey ... January MF and RV for prestige and p+ please 

    36/15
    .00271 MF
    56%/52% residual for P+/Prestige

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  • kyfdxkyfdx Moderator Posts: 249,125
    edmgc18 said:

    Hi, can I please get the new January MF, RV, incentives, and inception fees (Bank/acquisition etc) and AudiCare price for a 2019 Q8 P+ and Prestige Quattro, 39/12 and 36/12 in zip 08527?

    36/12: .00271 MF and 58%/54% residual for P+/Prestige
    39/12: .00291 MF and 56%/52% residual

    $895 acquisition fee
    $869 AudiCare

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  • kyfdxkyfdx Moderator Posts: 249,125

    Just got quoted 0.00325 with 57% Residual on a Prestige 36/7500 lease. Zip code 94928

    .00271 MF and 56% residual

    57% residual w/AudiCare

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  • edmgc18edmgc18 Member Posts: 179
    edited January 2019
    kyfdx said:
    Hi, can I please get the new January MF, RV, incentives, and inception fees (Bank/acquisition etc) and AudiCare price for a 2019 Q8 P+ and Prestige Quattro, 39/12 and 36/12 in zip 08527?
    36/12: .00271 MF and 58%/54% residual for P+/Prestige 39/12: .00291 MF and 56%/52% residual $895 acquisition fee $869 AudiCare
    Thanks! I really don’t get how the RV for 39/12 is the same as 36/15... one adds 3k miles to the lease while the latter adds 9k miles... how does that make sense?
  • kyfdxkyfdx Moderator Posts: 249,125
    edmgc18 said:


    kyfdx said:

    Hi, can I please get the new January MF, RV, incentives, and inception fees (Bank/acquisition etc) and AudiCare price for a 2019 Q8 P+ and Prestige Quattro, 39/12 and 36/12 in zip 08527?
    36/12: .00271 MF and 58%/54% residual for P+/Prestige
    39/12: .00291 MF and 56%/52% residual

    $895 acquisition fee
    $869 AudiCare

    Thanks! I really don’t get how the RV for 39/12 is the same as 36/15... one adds 3k miles to the lease while the latter adds 9k miles... how does that make sense?

    6K miles difference, but the car is also 3 months older on the 39 month lease.

    Apples to apples: 36/12 vs. 39/12. 3000 miles difference, 2% residual difference.

    Miles vs. months. Two variables. It's not just mileage

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