2019 Audi Q8 Lease Deals and Prices

kyfdx

Marco said:

Mf rv and incentives on 2019 q8 prestige in nyc 11228 please.  Thank you in advance.  

Marco said:

36 mos 7500 miles please 

.00222 MF and 55% residual
No lease incentives

Frankie

What are the RV/MF/Incentives for 2019 Q8 Premium Plus AWD SUV for 36/12 in 07731?

Michaell

Frankie said:

What are the RV/MF/Incentives for 2019 Q8 Premium Plus AWD SUV for 36/12 in 07731?

.00222 and 57%
No lease incentives

fliptrip

2019 q8 prestige 36/12 07086

Marco

May Mf rv and incentives on 2019 q8 prestige in nyc 11228 please. 36 mos 10k and 7.5k Thank you in advance.

kyfdx

fliptrip said:

2019 q8 prestige 36/12 07086

.00217 MF and 53% residual

kyfdx

Marco said:

May Mf rv and incentives on 2019 q8 prestige in nyc 11228 please. 36 mos 10k and 7.5k Thank you in advance.

.00217 MF
54%/55% residual
No lease incentives

Marco

kyfdx said:

Marco said:

May Mf rv and incentives on 2019 q8 prestige in nyc 11228 please. 36 mos 10k and 7.5k Thank you in advance.

.00217 MF
54%/55% residual
No lease incentives

Thank you

mb_enthusiast

I would lease this car in a heartbeat if they could knock down the MF. There are gobs of them all over dealership lots in my area (more than 170), most of which seem to have been sitting around for months.

The one I test drove (not a demonstrator) when they first started appearing in dealers is still sitting on the lot of the largest volume Audi dealer in Chicagoland after more than five months.

One of the salesmen that I keep in touch with said that they are hoping that there will be a rate cut towards the 2020 model year and that moving anything without the Y1 package is exceptionally difficult.

Why no flexibility on the pricing even? They're talking shaving a thousand or two here or there... The programs on these are not remotely competitive, and I can count on one hand the number of times I have seen one driving around or parked.

carsearcher18

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

kyfdx

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

carsearcher18

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

kyfdx

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

carsearcher18

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Agreed on learning to love the P+. How often do the MF and RES change? Seems monthly? And it differs by state? Thanks.

kyfdx

carsearcher18 said:

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Agreed on learning to love the P+. How often do the MF and RES change? Seems monthly? And it differs by state? Thanks.

Yes, programs update monthly.

MF and residual don't vary by region, but incentives might. Of course, no incentives on this model, so far.

mb_enthusiast

mb_enthusiast said:

I would lease this car in a heartbeat if they could knock down the MF. There are gobs of them all over dealership lots in my area (more than 170), most of which seem to have been sitting around for months.

The one I test drove (not a demonstrator) when they first started appearing in dealers is still sitting on the lot of the largest volume Audi dealer in Chicagoland after more than five months.

One of the salesmen that I keep in touch with said that they are hoping that there will be a rate cut towards the 2020 model year and that moving anything without the Y1 package is exceptionally difficult.

Why no flexibility on the pricing even? They're talking shaving a thousand or two here or there... The programs on these are not remotely competitive, and I can count on one hand the number of times I have seen one driving around or parked.

Do you have May numbers for the Premium Plus and Prestige in 60202? Terms: 36-39 months, 15k miles-Thank you

Michaell

mb_enthusiast said:

mb_enthusiast said:

I would lease this car in a heartbeat if they could knock down the MF. There are gobs of them all over dealership lots in my area (more than 170), most of which seem to have been sitting around for months.

The one I test drove (not a demonstrator) when they first started appearing in dealers is still sitting on the lot of the largest volume Audi dealer in Chicagoland after more than five months.

One of the salesmen that I keep in touch with said that they are hoping that there will be a rate cut towards the 2020 model year and that moving anything without the Y1 package is exceptionally difficult.

Why no flexibility on the pricing even? They're talking shaving a thousand or two here or there... The programs on these are not remotely competitive, and I can count on one hand the number of times I have seen one driving around or parked.

Do you have May numbers for the Premium Plus and Prestige in 60202? Terms: 36-39 months, 15k miles-Thank you

P+
36/15 - .00217 and 55%
39/15 - .00237 and 53%
Subtract 4% for Prestige
No lease incentives

mb_enthusiast

Michaell said:

mb_enthusiast said:

mb_enthusiast said:

I would lease this car in a heartbeat if they could knock down the MF. There are gobs of them all over dealership lots in my area (more than 170), most of which seem to have been sitting around for months.

The one I test drove (not a demonstrator) when they first started appearing in dealers is still sitting on the lot of the largest volume Audi dealer in Chicagoland after more than five months.

One of the salesmen that I keep in touch with said that they are hoping that there will be a rate cut towards the 2020 model year and that moving anything without the Y1 package is exceptionally difficult.

Why no flexibility on the pricing even? They're talking shaving a thousand or two here or there... The programs on these are not remotely competitive, and I can count on one hand the number of times I have seen one driving around or parked.

Do you have May numbers for the Premium Plus and Prestige in 60202? Terms: 36-39 months, 15k miles-Thank you

P+
36/15 - .00217 and 55%
39/15 - .00237 and 53%
Subtract 4% for Prestige
No lease incentives

I know you don’t track pricing, but does anyone have any input on how much wiggle room Audi is giving these dealers on pricing? Can they go down to invoice?

mikikuki

What’s the current lease numbers for Q8 Prestige for 36/39/15 zip code 78501.  Thank you.

mb_enthusiast

What is this about?

kyfdx

mikikuki said:

What’s the current lease numbers for Q8 Prestige for 36/39/15 zip code 78501.  Thank you.

.00217 MF and 51% residual
.00237 MF and 49% residual

kyfdx

mb_enthusiast said:

What is this about?

I don't have any further info than what you've copied

mb_enthusiast

Do you have the numbers for 42-month/15k mile terms (Premium Plus and Prestige)?

I was told that Audi Care was residualized. It has an MSRP of $999. Is that amount added to the MSRP along with the +1% residual?

I can confirm to those that are wondering that dealers are starting to sell these for closer to invoice, even with the Year 1 package. Look for your volume dealers. You can do better than the quoted TMV.

Michaell

mb_enthusiast said:

Do you have the numbers for 42-month/15k mile terms (Premium Plus and Prestige)?

I was told that Audi Care was residualized. It has an MSRP of $999. Is that amount added to the MSRP along with the +1% residual?

I can confirm to those that are wondering that dealers are starting to sell these for closer to invoice, even with the Year 1 package. Look for your volume dealers. You can do better than the quoted TMV.

Premium Plus
42/15 - .00237 and 51%
Subtract 4% for Prestige

AudiCare increases the residual by 1%, but it is not added to the MSRP.

carsearcher18

The $3000 conquest incentive looks great, but is it as good as it gets? What's the best incentive that anyone has seen in the recent year for an Audi? And is it worth waiting for, say until the end of the year?

carsearcher18

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Is the MF negotiable with Audi? Just referencing what the current MF is on my BMW X6M and also have seen what it is on Jaguar (0.0001!!!), seems that Audi's MF is just really expensive.

mb_enthusiast

carsearcher18 said:

The $3000 conquest incentive looks great, but is it as good as it gets? What's the best incentive that anyone has seen in the recent year for an Audi? And is it worth waiting for, say until the end of the year?

I think the conquest incentive on the Q8 is pretty good, but if I compare it to the incentives on my other top choices: the Jaguar F-Pace S and Range Rover Velar P380s, it's not particularly strong. There is $3,525 dealer lease cash on the F-Pace S right now. Q8s seem to be hard to negotiate on. I've been watching them since last year. The offer that I have in hand today for a Q8 Premium Plus is below invoice after the conquest incentive. That's from a top volume dealer with more than 80 Q8s on its lot. Even so, I am not one of the experts.

carsearcher18 said:

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Is the MF negotiable with Audi? Just referencing what the current MF is on my BMW X6M and also have seen what it is on Jaguar (0.0001!!!), seems that Audi's MF is just really expensive.

My understanding is that the Edmunds duo provide us with the base money factor rates. The base money factor is set by the captive lenders and is not negotiable. Virtually all dealers mark the MF up, and that markup is negotiable. I've been able to get it down to the base rate with a local Jaguar dealership—and yes, it's .00001. However, the residuals on the F-Pace are pretty low, so be sure to cross shop with competitor vehicles. That super low MF on the F-Pace might not make up for the low residuals. Again, I'm not the expert, but those are my thoughts as one who is currently in the thick of it.

kyfdx

carsearcher18 said:

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Is the MF negotiable with Audi? Just referencing what the current MF is on my BMW X6M and also have seen what it is on Jaguar (0.0001!!!), seems that Audi's MF is just really expensive.

The numbers we quote are the base rate. The dealer can mark it up, but that is the lowest rate for top tier credit.

carsearcher18

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Is the MF negotiable with Audi? Just referencing what the current MF is on my BMW X6M and also have seen what it is on Jaguar (0.0001!!!), seems that Audi's MF is just really expensive.

The numbers we quote are the base rate. The dealer can mark it up, but that is the lowest rate for top tier credit.

Ok thanks. The Audi Q8 MF at .00217 seems meaningfully higher than other luxury brands, but does that fluctuate seasonally? Or is that pretty much where Audi is at historically, and generally higher than competitors?

Also, for 36/10 residual for prestige is 54%. P+ is 58%. What about premium?

kyfdx

carsearcher18 said:

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

kyfdx said:

carsearcher18 said:

Hi all, can someone please explain why the Prestige trim would have a lower residual?

And is a 36/10 lease in 90077 at

.00217
54%

Thanks!

Those are the correct terms.

Higher level trims often have lower residual percentages.

Short answer: The banks sets the residual. Reasons don't really matter.

Thanks. So if I went with P+ trim, the residual would be 59%, same MF at .00217. Correct?

The delta is +4% between the trims.

I'd learn to love the Premium Plus trim.

Is the MF negotiable with Audi? Just referencing what the current MF is on my BMW X6M and also have seen what it is on Jaguar (0.0001!!!), seems that Audi's MF is just really expensive.

The numbers we quote are the base rate. The dealer can mark it up, but that is the lowest rate for top tier credit.

Ok thanks. The Audi Q8 MF at .00217 seems meaningfully higher than other luxury brands, but does that fluctuate seasonally? Or is that pretty much where Audi is at historically, and generally higher than competitors?

Also, for 36/10 residual for prestige is 54%. P+ is 58%. What about premium?

Premium is the same as Premium Plus

It is a popular vehicle, and Audi evidently doesn't feel the need to subsidize rates.

tbonesteak

Can I get the MF/RV on a Q8 Premium Plus 36/7.5 registering in 08861?

TIA!

Michaell

tbonesteak said:

Can I get the MF/RV on a Q8 Premium Plus 36/7.5 registering in 08861?

TIA!

.00217 and 59%
No lease incentives

donchar

Hi there-

92821

Q8 Prestige 36 month 10K numbers please. Also will it be USB or Audi financial numbers?

Thanks!!

Michaell

donchar said:

Hi there-

92821

Q8 Prestige 36 month 10K numbers please. Also will it be USB or Audi financial numbers?

Thanks!!

We only have the Audi Financial numbers

.00217 and 54%
No lease incentives

mb_enthusiast

Why isn’t the TMV feature working anymore?

mb_enthusiast

Well, I was prepared to do a deal on a Q8 PP this evening, but even though the salesmen had expressed to me that the money factor would be .00217 and that I'd receive Audi Care for $799, I went into the finance manager's office, and the money factor was still marked up, and Audi Care was nowhere to be found. A new agreement was printed, and $2,000 was knocked off the rent charge. I also realized that the sales price that I negotiated was a little too high, according to what I found on KBB. I didn't feel comfortable at that point and asked to take home the lease agreement to review it. I was told that I couldn't do that, so I started to take a photo and it was ripped from my hands, and one of the salesmen started screaming at me. Are you kidding me?

kyfdx

mb_enthusiast said:

Why isn’t the TMV feature working anymore?

Haven't heard that complaint from anyone else.

kyfdx

mb_enthusiast said:

Well, I was prepared to do a deal on a Q8 PP this evening, but even though the salesmen had expressed to me that the money factor would be .00217 and that I'd receive Audi Care for $799, I went into the finance manager's office, and the money factor was still marked up, and Audi Care was nowhere to be found. A new agreement was printed, and $2,000 was knocked off the rent charge. I also realized that the sales price that I negotiated was a little too high, according to what I found on KBB. I didn't feel comfortable at that point and asked to take home the lease agreement to review it. I was told that I couldn't do that, so I started to take a photo and it was ripped from my hands, and one of the salesmen started screaming at me. Are you kidding me?

Dog bites man is not news..

Xystus

Looking for MF, R, and incentives for a Premium Prestige 36/12 in 60047.  Thank you.

Michaell

Xystus said:

Looking for MF, R, and incentives for a Premium Prestige 36/12 in 60047.  Thank you.

.00217 and 57% (P+) or 53% (Prestige)
No lease incentives

mb_enthusiast

2019 Audi Q8 Premium Plus

MSRP - $83,365

Capitalized cost - ($77,500sp + $6,416ne - $3,000cc + $800ac)= $81,716

Residual - $83,365 x 56% = $46,684

Money factor = .00217

Term - 36/15

Depreciation

($81,716 - $46,684) / 36 = $973

Rent charge

($81,716 + $46,684) x .00217 = $279

Taxes

($84,716cc + $10,044rc) / 36 = $211

Monthly payment

$1,463

Do you think that this represents a good deal?

Michaell

mb_enthusiast said:

2019 Audi Q8 Premium Plus

MSRP - $83,365

Capitalized cost - ($77,500sp + $6,416ne - $3,000cc + $800ac)= $81,716

Residual - $83,365 x 56% = $46,684

Money factor = .00217

Term - 36/15

Depreciation

($81,716 - $46,684) / 36 = $973

Rent charge

($81,716 + $46,684) x .00217 = $279

Taxes

($84,716cc + $10,044rc) / 36 = $211

Monthly payment

$1,463

Do you think that this represents a good deal?

I agree with the pre-tax payment calculation.

Decent discount from sticker.

mb_enthusiast

Took delivery this evening...

kyfdx

mb_enthusiast said:

Took delivery this evening...

Congrats! Thanks for the report.

carsearcher18

mb_enthusiast said:

2019 Audi Q8 Premium Plus

MSRP - $83,365

Capitalized cost - ($77,500sp + $6,416ne - $3,000cc + $800ac)= $81,716

Residual - $83,365 x 56% = $46,684

Money factor = .00217

Term - 36/15

Depreciation

($81,716 - $46,684) / 36 = $973

Rent charge

($81,716 + $46,684) x .00217 = $279

Taxes

($84,716cc + $10,044rc) / 36 = $211

Monthly payment

$1,463

Do you think that this represents a good deal?

Congrats!!! By the way, what are the $6416ne and $800ne? And the $3000cc is the conquest credit?

mb_enthusiast

Michaell said:

mb_enthusiast said:

2019 Audi Q8 Premium Plus

MSRP - $83,365

Capitalized cost - ($77,500sp + $6,416ne - $3,000cc + $800ac)= $81,716

Residual - $83,365 x 56% = $46,684

Money factor = .00217

Term - 36/15

Depreciation

($81,716 - $46,684) / 36 = $973

Rent charge

($81,716 + $46,684) x .00217 = $279

Taxes

($84,716cc + $10,044rc) / 36 = $211

Monthly payment

$1,463

Do you think that this represents a good deal?

I agree with the pre-tax payment calculation.

Decent discount from sticker.

Haha. I realize I didn't add the * 8% tax rate. LOL

estellep

Hello,
Could I please get residuals and MF for the 3.0 Premium and Premium Plus for 36mo/7,500mi and 39mo/7,500mi? zip 92620
Thank you, much appreciated!

Michaell

estellep said:

Hello,
Could I please get residuals and MF for the 3.0 Premium and Premium Plus for 36mo/7,500mi and 39mo/7,500mi? zip 92620
Thank you, much appreciated!

.00217 and 59%
.00237 and 57%

mb_enthusiast

carsearcher18 said:

mb_enthusiast said:

2019 Audi Q8 Premium Plus

MSRP - $83,365

Capitalized cost - ($77,500sp + $6,416ne - $3,000cc + $800ac)= $81,716

Residual - $83,365 x 56% = $46,684

Money factor = .00217

Term - 36/15

Depreciation

($81,716 - $46,684) / 36 = $973

Rent charge

($81,716 + $46,684) x .00217 = $279

Taxes

[($84,716cc + $10,044rc)*8%] / 36 = $211

Monthly payment

$1,463

Do you think that this represents a good deal?

Congrats!!! By the way, what are the $6416ne and $800ne? And the $3000cc is the conquest credit?

"$6416ne" was negative equity I was rolling in. "$800ac" was my initial offer for AudiCare, but no one was willing to negotiate on it, because my real cost is about $500 after it is residualized anyway. I am happy with my deal. My local Audi dealerships seem pretty shady to me, but this transaction was pretty smooth following the blowup on the first attempt. I did notice that they had miscalculated the depreciation; they had left off the +1% residual value for AudiCare. That blow up was probably one of the best things that happened in this whole process if you think about it. Overall, this is costing me less than I thought.

Xystus

Quick update: lease offers in the Chicagoland area for the P+ year 1 for 36/12 zero down have been coming in at $1,200 per month with decent haggling. Could likely do a little better if you can find a demo/loaner to lease. Still too high for my liking - X5 pricing out under well under $900.