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Audi Q7 Lease Questions
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Can anyone help me with the current June residual and MF rates for Q7 3.6 premium for 36 months w/ 12k?
Thanks!
Thanks
ody02tjk if you don't mind, can you share the deal you got? Thanks!
It seem to me that no matter how much I discount a price to plug into lease calculators, I always end up with outrageous monthly payments. I'm wondering if I'm doing something wrong...
Thanks
Jose
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It makes the use of a cellular phone much safer and it makes the armrest look much nicer with covers over the cupholders instead of both cupholders being exposed.
Could someone please look at these numbers? I’m looking to lease a Q7. Based on the June numbers above, here’s what I’m coming up with (assuming that I am able to negotiate invoice as selling price)
3.6 Premium
- Convenience
- Infotainment
- Technology
- 3rd Row
- 20” wheels
- iPod integration
- Second-Row comfort
- Panorama
MSRP 58,620
Invoice 54,068
MF 0.00019 (0.456%)
Residual 52%
PAYMENT $671.23 + 40.27 (6% tax) = $711.50
4.2 Premium
- 20” wheels
- iPod integration
MSRP 60,990
Invoice 56,852
MF .00050 (1.2%)
Residual 47%
PAYMENT $825.73 + $49.54 (6% tax) = 875.27
If these are correct. Would I be better off waiting for the ’08? These numbers looking kinda bad to me
Also, would I have any sales tax advantage negotiating a trade in with the Audi dealer vs. leasing outright? I prefer clean deals and can always get rid of the other car on my own
Thanks in advance. You guys are always so helpful!
Jose
Does anyone have residuals/money factor, etc on a 3.6 Premium with 10K miles/year over 36 months?
I want to check that the dealer isnt padding the repayments.
Regards,
24-36 Month
$2,500 Down
Money Factor
Monthly Payments
Thank you
Thanks!
I personally wouldn't touch that car for more than $47k and then only if it included the CPO warranty on top of the factory warranty.
Car_man
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Car_man
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Car_man
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No I never did. The funny thing was that when I went into the dealer to sign the lease they wrote up the lease as a 12K/year even though we negotiated it as a 10K. I did the right thing and pointed it out to the dealer but he said 'not to worry about it'. So I now have signed up my Q7 as a 12K/year... should give me plenty of breathing room. I have had my Q7 for about a week now and so far I couldnt be happier...
Thanks for the info on the Q7 lease numbers! If you happen to be around the Infiniti forum, I posted a question regarding IFS July numbers for the '08 QX56. I'd appreciate it if you could head over ther to get me those numbers. I'm hoping to make a decision this weekend and go lease either a Q7 or a QX56.
Thanks!
Jose
P.S. To everyone else, PLEASE no comments bashing either car. This is the lease questions thread. :P
57% for the Q7 (24 mos, 15k)
54% for the A4 (24 mos, 12k)
56% for the A3 (24 mos, 15k)
I guess they have low Money Factors, but that usually isn't as significant a factor...
What do you guys think? Is it just tough to lease an Audi? Or are this just due to the upcoming 2008 lineup?
Audi 3.6 Premium. Silver w/ black interior. Panorama Sunroof, 3rd Row Seat, 19" wheels. The MSRP is $50,015 and because I am using the special finance and lease rates the selling price is $46,631 plus tax, license and dealer fees.
On a 36 month lease at 12k miles per year with $1120 drive offs you have a payment of $641.39 plus tax. The residual value is 26007.86 and it does include the Audi Care scheduled maintenace program.
You should double check with your dealer as I dont think your numbers are accurate. The residuals have changed on the 3.6P and the $4,000 Ad money is only good if you don't use Audi financial. You dont get both. I have been looking really hard and then the good residual on the 36 changed to 50 from 53.
Let me know if I am wrong but i dont think i am. I have been dealing with audi MV in cali.
I probably won't be buying it today. I was originally going to this dealer near my inlaws, which is where my appointment is at, but I found out last night that they made a quick trip to vegas.
This will give me another week to think about it.
I haven't had a car payment in 3 years. That's pretty much what is holding me back. :confuse:
3.6 Premium
Infotainment
Tech
20 inch wheels
iPod
Convenience
MSRP: 52720
Selling: 51500
Sales Tax 6%
I am looking at 27 months and 36 month (would do 39 if favorable).
Would add the audicare on as well.
Thanks...
Car_man
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Prices Paid Forum
When you arrive at a selling price that you are comfortable with, have the dealer that gives it to you calculate your monthly payment using Audi Financial Services' current buy rate lease money factor of .00014.
Car_man
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MSRP $60865
Invoice $56795
Sale Price $56995
36 Month Lease 10k per year milage.
$2k down
$760/mo plus tax = $823
You pay $400 each for trucking.
Q7 3.6 Mugello Blue
- S-Line with 21"
-Towing package
-Panorama roof
-Rear side airbags
-6 seat configuration
-4 zone climate control
-Convenience package
-Technology package
-Infotainment package
700 per month including tax. Good deal?
Panorama Sunroof
19" wheels
3rd row
Convenience Package
MF .00014
53% Residual
36 month lease at 10K year for $650 per month (which includes tax).
$1200 drive off + $675 deposit + $590 audicare.
The guy even took off the charge for the premium color.
It was a great deal, and I couldn't have been happier. I got the car I wanted with the options I wanted, at a very good price.
Thanks for all your help with MF and residuals! I ended up ordering an '08 Q7 as there were no 07's with the options I want. It is scheduled for delivery at the end of September or begining of October. So, I'm gonna request your help again with numbers in a couple of months
Thanks again!
Jose
I have two quotes as below - which one should I take? Both are 3.6 Premium models with identical options. Should I walk away from both dealers?
MSRP 55403 55403
Discount 4107 2000
Term 36/10000 36/10000
Payment 671.54 680.00
Amt Due 3526.34 6696.45
MF 0.00054 0.00094
LEV% 53% 46%
LEV 29420 25122
I'm new at this leasing thing, so I appreciate your help.
I am not a host, but have learned a fair amount from this forum. Your numbers don't add up. I ran them through a lease calculator (www.leaseguide.com/calc.htm) and for the $4,107 discount, (assuming you pay 6% sales tax), the payment should be $586.11 including tax. The payment on the $2,000 discount car comes out to be $775.61.
So, in both cases, dealers are not giving you real numbers.
Lease Guide (leaseguide.com) has all the information you need to learn how leasing works. I suggest you go an read it.
But, in a few words, this is the skinny:
- MSRP (is set by the manufacturer)
- Miles, Term, MF and LEV (are set by the finance company)
- Sales tax (is set by the government)
All you have to negotiate is the price of the car and any money you want to put down to reduce your monthly payment (this is called the "cap cost reduction"). Once you have the price of the car negotiated, simply plug everything into the lease calculator mentioned above and your lease payment comes out. What you come up with should match your dealer's number or at least be very very close.
I strongly suggest that you buy the Lease Guide package (20 bucks). Also, if you have a laptop with an internet card, take it to the dealer with you! That way you can run YOUR numbers parallel to the dealer's.
Good luck!
Jose
P.S. Remember that cap cost reduction (money down) is money you would loose should your car ever get stolen or totaled. The consensus out there is to never give a down payment on a lease. Keep your cash!
I am looking at leasing the following:
3.6 Premium
Infotainment
Tech
20 inch wheels
iPod
Convenience
MSRP: 52720
Sales Tax 6%
I am looking at 27 months and 36 month (would do 39 if favorable).
Would add the audicare on as well.
What are the specials (money incentives) on the remaining 07's currently? I know the MF is .00014. Residual on 27 and 36 months with AudiCare included?
Thanks....
I just ordered my Q7 last week. You won't be negotiating your deal when you place your order. All my dealer required was a $500 deposit (fully refundable).
You'll negotiate your deal when the car arrives and at the rates and residuals avilable at that time. Mine is set to arrive mid october.
By the way, the Q7's standard equipment and options were re-suffled for 2008. So, based on what you describe above, you might end up with a few things you don't want and a higher MSRP. You can check-out the changes here
Good luck!
- Audi Side Assist
- Adaptive Cruise Control
- 20" Wheels
MSRP: $64,075
Drive off: $4000
Money factor: 0.000395
Monthly Payment: $899 incl.tax
This is in California.
Thoughts? Where is the dealer working me?
Options:
Third Row seat
20' inch wheels
Panorama Sunroof
4 way climate
MSRP $51710
Cap cost $44245 (got the $4000 below invoice deal)
Residual %52(with audi care)
MF .00084 (can't combine .00014 with the $4000 discount, but still a pretty good rate)
Drive off:
$595 Bank fee
$590 Audi care
$581 First month
$45 Doc fee
$360 Registration
Tire fee I think was $8
Total drive off $2179
$581 a month (including 7.25 tax)
Any comments are welcome!
That seems like a great deal that you got. Can you tell me how you were able to get the $4000 below invoice? Is this state specific? can you tell me what dealership/state this was in?
Thanks.
Good luck in your search!
Looking to lease a 2008 Q7 3.6 Premium dealer invoice of $54,546.- Dealer told me they sell the car for $500.-- over Dealer invoice. What are the residual and money factor used for a 2008 by Audi finance. Looking for 15.000 miles 36 month lease sign and drive. Only tax title first month.
Thanks,
Marcel
Cap cost- $59,500
36 month lease
12000 miles a year
money factor -- .00140
Residual -- 51%
$912 PLUS TAX
I really need your help with this as I am new at leasing . Really feel the 51% residual is low for a brand new 2008 .
Please let me know if I am getting ripped off or how I could bargain .