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Audi Q5 Lease Questions
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Can you please post AFS May lease rates for 2013 Audi Q5 2.0T Premium Plus 12,000 miles for 36 month? Thank You!
It seems REALLY high to me...I realize that the Q5 is very much in demand these days (top 10 days on lot for ALL cars in USA), but I just leased a 49K allroad for ZERO driveoff and 550/month including taxes. Seems like a really high (nearly 10K over three years) premium for the Q5.
My friend always thinks he gets a great deal and is a fantastic negotiator - it seems that he was taken to the cleaners here though!
Comments?
Thanks.
I just did a calculation..
MF 0.00139
Residual 56%
MSRP 47,345
Final price 47,000 (Basically only a discount amount of $345)
with 9% tax, you get $730/month.
I'm not aware of any website that has details on the multiple security deposit option, you will probably have to ask a dealer.
Car_man
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The numbers for an otherwise identical 39-month lease are .00159 and 52%.
The numbers for an otherwise identical 42-month lease are .00159 and 50%.
The only cash incentive on this truck right now is $1,000 owner loyalty cash.
Car_man
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Car_man
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Is there any chance I'll be able to a Q5 base model for the same monthly price as the A4? I have excellent credit and I noticed they're running a $1000 Audi owner incentive on the Q5.
I live in SoCal.
Any advice would be much appreciated.
Can you give me the residual and MF numbers for a base model Q5 with 10,000 miles per year? Thanks
The dealer I'm talking too is saying I can't because Audi is waiving the security deposit right now.
If you can do them, how many can you do ?
And how much does each one reduce the Money Factor by ?
Also, what should the current residual value be at for a 36 month lease with 10k miles per year ?
The dealer is telling me its 55%
And lastly, what should the base Money Factor be ?
The dealer is telling me its .00189
Which is higher than what's being mentioned in previous posts here.
Thanks in advance for any help given.
http://forums.audiworld.com/showthread.php?t=2777842
I actually had found that one before I posted.
What I'm hoping to find out is if anyone knows if it can be done now since Audi is not requiring a security deposit.
That's what this dealer is telling me.
And I'm hoping it's not true since the MSD's can reduce the monthly lease payment by over $50/month.
While I have no actual knowledge of the program that doesn't require a security deposit, it doesn't seem likely that it would affect the MSD program... After all, the MSDs are extra security deposits..
It sure doesn't work that way with BMW... like most brands, loyal customers don't have to pay a security deposit... but, they can still do MSDs....
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The numbers for an otherwise identical 36-month lease are .00139 and 51%.
The money factors for the 2013 Q5 3.0 Premium Plus are the same, but its residual values are 3% higher.
Car_man
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Car_man
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Car_man
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I'm new to this forum.....planning to buy a Q5 in a month.
Received an offer from a local dealer today:
Car: Q5 2.0T Premium Plus MMI,B&O,19.5 wheels
MSRP:$46845
Price: $44288 +tax +audi care+fee = out the door $49594
Out of Pocket:$3000
Term: 36 month 12000 miles/year
Lease payment:$648.57/month
I know this may not be a reasonable but just wondering what should be the rignt leasing price for this car...
Thank you!
Close to a lease purchase and want to see if I'm in the ballpark.
Can you help provide money factor and residual on Q5 2.0T Premium Plus - MM nav, B&O, 19.5,
42/month, 10k/yr?
And what portion, if any of the cash on delivery are generally negotiable?
Thank you
Once you are comfortable with that, have the dealer calculate your payment using Audi Financial Services' buy rate lease money factor of .00139 (for top credit tier customers).
$3,000 is a lot of money to pay at lease signing as well. How does that break down? I always advise consumers to pay as little as possible at lease signing.
Car_man
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You really don't have to pay anything, or much other than your vehicle's first month's payment at signing if you don't want to. In most areas things like sales tax, the acquisition fee, etc can all be rolled into your vehicle's capitalized cost to make them part of your monthly lease payment.
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3 years, 36,000 miles lease
price of car, $800 above invoice (salesperson showed me the invoice:
54% residiual
$5000 towards my trade-in (2005 Hyundai Santa Fe)
No other money down
Total monthly payment $563.00 per month.
I researched this page quite a bit before agreeing upon these terms. Please let me know your thoughts on the quality of this deal. Thanks!!!!!!!!!!!!!!!!
Looking to lease a loaded '13 Q5 3.0T premium plus. I've negotiated price to $49,351. Based on the 54% residual and .00139 MF I'm coming up with a $633 after tax payment including 9% tax. I used $600 for doc/title fees. I am figuring this correctly (within a few bucks?). Thank you for the input
Redline325
Is this as good as I can get? Or should I push a bit further?
Please can you confirm the money factor and residual for both the 2.0L and 3.0L for 36month 30000 and 36000 mile leases assuming +720 credit and -720 credit?
I am also being told that my 2000 downpayment will go towards license and registration etc with less than 10% going against reducing the cost of the vehicle.
Is this normal?
The numbers for an otherwise identical '13 Q5 3.0 Premium Plus are .00139 and 54...interestingly exactly the same.
The residual values for leases of this truck with 10,000 miles per year would be 1% higher.
At lease signing consumers typically have to pay their vehicle's first month's payment (in this case say $500+) and the acquisition fee (AFS charges $695). Those two things alone will add up to $1,200. I'm sure that the dealer will have to charge you some sort of fees for license, title, tax etc. on top of that. They may try to slip some dealer fees in there as well to pad their profit.
Car_man
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What would be the Residual and money factor on a Premium 2.0 on a 36 month, 20k per year mile lease? Thanks!
Audi financial allows 9 additional security deposits (a total of 10). Each deposit effectively reduces the money factor (interest by another name, of course).
If the sec dep is -- for the sake of argument -- $600 (even if it is NOT technically required) how much of an impact does each additional deposit make (if it is linear) or, is there someplace to plug in the sec dep and "see" the mo payment drop?
I read somewhere that the sec deps would drop a payment by $50. Is that ONE sec dep, SEVEN sec deps, etc?
I would also gather that the most accurate answer is only correct for a maximum of 30 days -- so, what I would most like to know is the "formula" that is used.
I still see people here on Edmunds wanting to (or at least planning on) making cap cost reductions out of pocket. Truth be told, we leased a new Infiniti FX in 2010 and our start up costs included about $3K as a "down payment." Of course that money is gone now. Had we made a $3K or more MSD instead, we would be getting a check back from Infiniti at the end of the year -- but the unknown is what the MSD's impact regarding LOWERING the mo pmt is.
Thanks for your help.
Confused in Cincinnati . . . .
I would like to know the MF and residual for (3yr. 10k/yr):
1. Q5 2.0T Premium Plus
2. Q5 3.0T Premium Plus
Thanks.
BMW gives a MF reduction of .00007 per MSD, up to a maximum of 7...
7 X .00007 = .00049 total reduction.. On a typical $50K car, this will save about $40+tax/month (for 7 MSDs)
Infiniti allows up to 9 MSDs, and the reduction is .0001 for each one, for a total reduction of .0009.. Again, on a typical $50K car, this will save about $70+tax/month..
So... the question is: How much of an MF reduction does Audi allow for each of the MSDs? I've seen mentions of .00005 and .00008.. a quick search didn't yield an answer...
Hope that helps...
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Reduce the rent charge factor .00008 for each additional security deposit. Collect up to nine additional deposits over the initial required security deposit for a maximum of 10 total security deposits.
The total allowable security deposit(s) in New York is $749 Multiple Security Deposit Discounts are not available with a Pre-Pay Lease. The minimum Rent Charge Factor may not be less than .00005 and cannot exceed five decimal places.
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15,000 miles per year is the highest mileage allowance that I have seen residual values for. If you need to drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
Car_man
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Interestingly, the numbers for the 3.0T Premium Plus are exactly the same.
Car_man
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Does AFS offer +1% residual with purchase of Audi Car for Q5 as well?
Thanks.
Car_man
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MSRP: $45,590
Got them down to: $42,895 (I think- we left the dealership in a rush)
$3,000 down
36 months
10k year
$600 (including tax) a month
Should I go for this? I"m new to this so any help I can get would be greatly appreciated.
Thank you!!
I'm close to pulling the trigger on the Q5 or the X3. Truly a toss-up, although the wife wants the Q5 and you know what they say about "happy wife, happy life"! Anyway, when I asked my Audi sales rep "Other then the subjective 'feel of the drive,' why do you most often lose people to the X3," he said "our lease program for the Q5 isn't very strong compared to theirs."
I appreciated his honesty, and after running his best-he-can-do numbers for a Q5 w PP+ and Nav vs the quote I got from BMW with virtually the same equipment, I found that he's right....about $50/mth more for the Audi ($650 vs. $600). FYI, each quote was for zero down, 10k miles/month, 36 month leases. In each case the numbers were worked up at $150 over invoice ($42,500 for the BMW, $41,300 for the Audi). Considering BMW bakes in maintenance so they can SAY they're giving customers all-in maintenance vs Audi's pay as you go, the gap on financials alone is even wider.
The Audi sales rep says Audi makes up for its poor residual on the Q5 by letting customers out of their lease at the 30 month mark, but that assumes I stay in Audi, and the whole idea of a lease for me is the option to try something completely new (if I want) at lease end.
So, what am I missing? Anyone hear any explanations about why Audi's program is so much worse than BMW?
I'm currently looking for a Q5 3.0 PP, with monsoon grey finish + MMI package. Through my wife's employer, we qualify for the 6% discount, so the numbers are coming out as follows:
MSRP = $47925
Final Sales Price = $45,049.50 + $895 destination fee, so my capitalized cost would be $45,944.50
I've been quoted 42 months $675/month for 10K miles.
Not knowing that it was a Premier Purchase quote, I built a spreadsheet for 36 months, using a Money Factor of 0.00139 (x2400 = 3.34%) and a Residual Rate of 55%.
When I called them back to get an explanation for the difference (and the MF and RR that they're using), that's when I learned that it is a Premier Purchase that they're offering me. They also told me that they're using an interest rate of 5.5% (I'm not sure why that's so high.. we both have great credit, but they haven't run a credit check yet) and residual of 52%.
Given that we've got good credit, is this a good deal, or could we do better?
Does anyone know when that is happening?
Thanks!
Do you have July AFS rate on 2013/ 2014 Q5 models?
2.0T P+ 36 month 12k/year.
Thanks!