2018 Audi Q7 - Is this a good lease?

mariedwa4mariedwa4 Member Posts: 5
edited November 2018 in Audi
Hi, just wondering if anyone on the forum could help me understand how good/bad this lease deal is. Thanks for any help you can provide!

2018 Audi Premium 3.0
Location: Southern California
MSRP: $62k
Selling Price: $54k
Miles: 12k
Term: 36 months
Drive off: $4k
Monthly payment: $650 inc tax

Other info:
Rate: 0.00150
Rebate: $1,000
Cash cap reduction: $2,500
Capped fees: $1,000

Comments

  • MichaellMichaell Moderator Posts: 248,765
    mariedwa4 said:

    Hi, just wondering if anyone on the forum could help me understand how good/bad this lease deal is. Thanks for any help you can provide!

    2018 Audi Premium 3.0
    Location: Southern California
    MSRP: $62k
    Selling Price: $54k
    Miles: 12k
    Term: 36 months
    Drive off: $4k
    Monthly payment: $650 inc tax

    Other info:
    Rate: 0.00150
    Rebate: $1,000
    Cash cap reduction: $2,500
    Capped fees: $1,000

    .00150 and 55%

    With those prices, I get $685/mo, plus tax.

    How much are you giving the dealer?

    Ask them for the adjusted cap cost for that payment quote.

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  • mariedwa4mariedwa4 Member Posts: 5
    $4,000 down
    $51k adjusted cap cost

    Do you think this is a good deal or is there room to negotiate?
  • kyfdxkyfdx Moderator Posts: 248,874
    mariedwa4 said:

    $4,000 down
    $51k adjusted cap cost

    Do you think this is a good deal or is there room to negotiate?

    There is $2000 of dealer incentive and $1000 customer rebate on this model.

    With that adjusted CAP, I get $597/mo.+tax, which looks to be in-line with your quote.

    For an Audi, it's not a bad deal, given the lease program.

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