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Audi Q5 Lease Questions
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Jack
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks
I got the AudiCare Voucher by attending the Audi Driving Experience for the Q5 which was a 3 hour event where I beat up the Q5 in a closed driving course. Loved the way the car took the beating I gave it!
Q5 Prestige w/SLine package
MSRP: $51,650
Selling Price: $48,540
15K/36 mo. Lease
$768/mo w/$3,947 at signing.
42% Residual - .00022 Money Factor
Q5 Prestige w/20" Wheels
MSRP: $50,300
Selling Price: $47,280
15K/36 mo. Lease
$699/mo w/$3,947 at signing.
44% Residual - .00022 Money Factor
just got this offer...Q5 Premium plus
45125 Manufactures price
43985 Dealer discount price
36 months
15000 miles
3000 down
682.00 including tax per month
What do you think???THANKS!!
I just ordered a Blue Q5 with gray interior and 19in wheels .It is in transient from Germany. if it was not for this site and learning _I would not have gotten this deal.
Blue prem. plus with nav and 19 inch wheels:
agreed price is 45400
36 lease
15000 miles
659,- tax and audi care in cluded
I am turning in my A6 Avant with 56000 miles and they are paying off my loan remainder.
thought I did not want a new so soon-what a joke:)
I have never had Audi issues and this is my 4th one. They are sound car if taken care. :shades:
thanks for all your info, sounds like you did a great deal how much down did you give. They are asking me to put down 3000
thanks
Also, I was quoted on a 36 month/15k lease a 47% residual and a 3.27% rate on the Premiere Purchase...but not exactly sure what this means.....
So... those that lease pay the full tax, then if they want to purchase the car at lease end, they have to pay tax, again...
That's why they offer (push?) the Premier program.. By putting the car in your name from the beginning, if you choose to keep the car at the end of the term, no further tax is due..
However, if you are leasing with then intention of turning the car in, then that isn't a concern.
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So I think I'm going to go with Premiere Purchase as I'm not sure if I'll want to buy back or not...seems like a no-brainer.
Then i asked him to run the numbers on a lease assuming i paid the taxes upfront and he was "in the 700s" and i was out the door. what a joke! This was a premier plus with nav.
I love this car and would be fine buying it, but i'm afraid of audi reliability if i were to keep it several years, and i also know from experience that they are relatively poor at holding their value.
Audi's super-low residuals don't instill much confidence. if all these cars coming off lease are so cheap for owners to buy out or dealers to flip, then what protects the value of my car?
Audi Q5
Premium plus package
MSRP $41,500
TMV $40,140
zero down
$590 month (including tax)
36,000 miles
This seems like a good deal but I may not be asking the right questions. What do you think?
I will say that because the finance manager was pushing the Premiere Purchase on me so much, I felt a little better about buying!!! Maybe it's me, but I just don't trust those guys at all. I've gotten to the point where if they're pushing it as a good deal, I'm convinced I'm going to get screwed.
BTW, the dealer I worked with was pretty flexible on pricing. Paid a good % below MSRP. It was the last weekend of the month and they had 4 of the same models on their lot (Silver, Premium Plus.)
We LOVE the Q5, it's a blast to drive. Feel like it's much better than the 525i I just turned in.
1. Does anyone know the accurate dealer invoice for this car?
2. What is the actual inventory situation with them? Either Audi has really messed up their distribution or the dealers have been instructed to build up the hype on the new vehicle.
3. My goals are: buy for around 41.5K or lease for
under $600 with tax (up to 2K down). Realistic?
I got this offer today for a Q5 Prestige, this is in IL (you pay full taxes on the purchase price up-front):
MSRP: $49500 (selling price)
Residual: 47%
Terms: 36 Mo - 12Kmi/yr
Money Factor: 0.00022
Due: $2,000 ($1000 from a trade and $1000 more at signing)
Taxes are covered with the trade and dealer "contribution"
Montly Payment: $869 @ 36 Mo / $837 @ 39Mo
Given the low MF and that there is some money down, Does $850+ sounds a bit high)?
Premium w/moon roof, heated seats, bluetooth, and a couple of other options
MSRP 41,350
Zero down ($1,460 due at signing)
w/ Audi Care included (50% residual)
$575/Month includes 6% tax
12,000 mile per year.
Went to three dealers and I know this is as good as a deal can get.
Does this protect me if the lease terms change for May but I don't sign my lease before May 4 (when the April leases expire)?
Should there be any more formal documentation of a pending lease or other way to ensure the dealer delivers the car on those terms?
Thanks
One Audi Dealership in NJ offered me the following for a 2009 Q5 Prem Plus w/Nav and SLine Package:
MSRP: $48,275
46% Residual = (47% (PremPlus residual - 2pts (SLine deduct) + 1pt Audi Care)
Selling Price: $47,504
$5541 Down (NYS Tax included up front about $2,000)
$657/mo
Is this a good deal or am I getting killed in with the down payment?
Original quote:
Monthly Payment tax included $575.00 ($0 down)
Residual 50% (w/ Audi Care) or $20,625
Money factor 0.00037
Paperwork at signing:
Monthly Payment tax included $575.00 ($0 down)
Residual 52% (w/ Audi Care) or $21,502
Money factor 0.00075
I brought this up but got a BS answer. I then decided not to disrupt the sale, but I want to complain to Audi. Understand the only impact to me is $900 more at the lease end value, but it is a matter of not allowing a dealership to get away with dishonest practices. Any advice on how to go about this.
36 mo/ 12k lease $533 a month (includes 6% tax as i live in CT)
Money Down $1,708 (Bank fee $625, $550 Security, 1st mo 533)
Premium Dark beaige metallic w/ beige interior blue tooth
Is the above a good deal? I have been calling other dealers and they are not even close. Any way to get the bank fee waived?
2009 Q5 Prem Plus + Nav & SLine Package (Brilliant Black on Black)
MSRP: $48,275 (Invoice was about $45,600)
Selling price: $46,000 + $625 destination charge
Audi Care ($750) for free b/c I attended the Audi Driving Experience in NY
Residual: 46% (47% (PremPlus residual - 2pts (SLine deduct) + 1pt Audi Care)
Money Factor: 0.00022
Down Payment: $3,910 (includes NYS Tax which is about $2,100)
$675.75/mo
Since the SLine package includes 20" summerline tires I'll be investing in some all season 20" tires to hold me over the winter. I'm a happy camper and can't wait to enjoy my summer in my new Q5!!
Leases:
0.86% for 24 mo. --> M.F. (0.00032)
0.86% for 36 mo.
exp. 7/6/09
---or---
8.04% for 24 mo.
8.04% for 36 mo.
8.52% for 48 mo.
exp. 6/2/09
If you are a current Audi owner or lessee, you are eligible for a $500 cash incentive when leasing this truck. Audi is also waiving the first month's payment on it for all customers at this time.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The Q5 that you are interested in probably has a spread of around $3,500 between its full MSRP and its dealer invoice price. You were quoted a discount of $3,110 on the first model that you mentioned and a discount of $3,020 on the second. Both of these selling prices look attractive to me.
If you are a current Audi owner or lessee you are eligible for a $500 cash incentive on the lease of this truck. Make sure that the dealer takes this cash into account if you qualify for it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Back to this specific deal. The money factor and residual value that you were quoted look good to me. I'm confused about whether then $49,500 that you mentioned is this vehicle's MSRP or its selling price. It says both next to it. I assume that it's the latter, but I'm not positive. Either way, it would bee nice to have both numbers. That way I will be able to tell how large a dealer discount you are being given.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum