Audi Leasing Deals MA

Q3LeaseQ3Lease Member Posts: 4
edited July 2020 in Audi
Does anyone have any current info on Money Factor, Residual value, and incentives for Audi 2020 Q3 with premium plus package in Massachusetts? Thank you.
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  • MichaellMichaell Moderator Posts: 250,508
    Q3Lease said:

    Does anyone have any current info on Money Factor, Residual value, and incentives for Audi 2020 Q3 with premium plus package in Massachusetts? Thank you.

    What lease term and how many miles per year?

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  • Q3LeaseQ3Lease Member Posts: 4
    36 months. 12K/year
  • MichaellMichaell Moderator Posts: 250,508
    Q3Lease said:

    Does anyone have any current info on Money Factor, Residual value, and incentives for Audi 2020 Q3 with premium plus package in Massachusetts? Thank you.

    Q3Lease said:

    36 months. 12K/year

    .00123 and 56%
    No incentives

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  • Q3LeaseQ3Lease Member Posts: 4
    Thank you. How did you find the money factor? I have a lease quote for two Q3s. One with premium package and one with premium plus. The residual value is 57%. When I use the lease calculator to get the MF, I get .00153 and.00169 for the quotes. I pointed out to the dealer that I thought these rates were quite high and his response was "using a lease calculator will not always be exact to the systems that the lease is based off of". This makes absolutely no sense to me. I know that dealers try to make money by inflating the interest rate so I am trying to understand if there is an official Audi rate from finance.
  • kyfdxkyfdx Moderator Posts: 251,349
    Q3Lease said:

    Thank you. How did you find the money factor? I have a lease quote for two Q3s. One with premium package and one with premium plus. The residual value is 57%. When I use the lease calculator to get the MF, I get .00153 and.00169 for the quotes. I pointed out to the dealer that I thought these rates were quite high and his response was "using a lease calculator will not always be exact to the systems that the lease is based off of". This makes absolutely no sense to me. I know that dealers try to make money by inflating the interest rate so I am trying to understand if there is an official Audi rate from finance.

    Just ask the dealer to disclose the money factor used.

    Dealers are permitted to markup the base money factor for extra profit.

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  • Q3LeaseQ3Lease Member Posts: 4
    They are clearly marking it up. What are the chances that they would change it. They are also doing their best not to be transparent. I think its time to try another dealership.
  • kyfdxkyfdx Moderator Posts: 251,349
    Q3Lease said:

    They are clearly marking it up. What are the chances that they would change it. They are also doing their best not to be transparent. I think its time to try another dealership.

    I think you answered your own question

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