March 2021 Lease Figures for new SQ5 Premium Plus?

JRinSM2021JRinSM2021 Member Posts: 3
edited March 2021 in Audi
Hey there - Looking to lease a 2021 SQ5 Premium Plus
Can anyone share the Money Factor and Residual on Premium Plus SQ5's for March 2021 in zip code 90405?

And also any other deals, incentives or rebates?

Thank you!

Answers

  • kyfdxkyfdx Moderator Posts: 248,923

    Hey there - Looking to lease a 2021 SQ5 Premium Plus
    Can anyone share the Money Factor and Residual on Premium Plus SQ5's for March 2021 in zip code 90405?

    And also any other deals, incentives or rebates?

    Thank you!

    36/15

    .00024 MF and 56% residual
    $500 lease cash

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  • JRinSM2021JRinSM2021 Member Posts: 3
    edited March 2021
    No deal yet. I went into Audi Beverly Hills last night but had a really bad experience, unfortunately. We agreed on the price of the car (negotiated with their General Sales Manager, Juan Maldonado) but he ended up lying to me. I was told if I came into their dealership I would get the deal that I wanted, as it showed good faith and that I was serious about the lease deal. They knew I was asking for 12% off MSRP and after hours of negotiating, we agreed on a deal of 11% off MSRP for the Audi SQ5 Premium Plus. They required that I jump through all of their hoops, fill out the credit application, they pulled my credit, and I was approved. I then ran the monthly payment they came up with against my calculations and noticed a $15 discrepancy on the monthly payment. (I'd like to note and correct me if I'm wrong, but I think even with the increased $15/mo on the monthly this would have been a good deal, but I was really rubbed the wrong way by their dishonest sales tactics and walked out after they continued to lie to me about the discrepancy).

    Here were the specs on that deal:

    2021 SQ5 Premium Plus
    MSRP: 68,415
    Negotiated Price: $60,898.5
    Residual: 59%
    MF: .00024
    10K / 36 mo Lease
    Zip: 90405
    Rebate: $500

    (Drive offs paid upfront)
  • MichaellMichaell Moderator Posts: 248,790

    No deal yet. I went into Audi Beverly Hills last night but had a really bad experience, unfortunately. We agreed on the price of the car (negotiated with their General Sales Manager, Juan Maldonado) but he ended up lying to me. I was told if I came into their dealership I would get the deal that I wanted, as it showed good faith and that I was serious about the lease deal. They knew I was asking for 12% off MSRP and after hours of negotiating, we agreed on a deal of 11% off MSRP for the Audi SQ5 Premium Plus. They required that I jump through all of their hoops, fill out the credit application, they pulled my credit, and I was approved. I then ran the monthly payment they came up with against my calculations and noticed a $15 discrepancy on the monthly payment. (I'd like to note and correct me if I'm wrong, but I think even with the increased $15/mo on the monthly this would have been a good deal, but I was really rubbed the wrong way by their dishonest sales tactics and walked out after they continued to lie to me about the discrepancy).

    Here were the specs on that deal:

    2021 SQ5 Premium Plus
    MSRP: 68,415
    Negotiated Price: $60,898.5
    Residual: 59%
    MF: .00024
    10K / 36 mo Lease
    Zip: 90405
    Rebate: $500

    (Drive offs paid upfront)

    What payment did you and the dealer come up with?

    It's possible that the adjusted cap cost was slightly higher than the negotiated price.

    Could have been a good faith mistake.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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