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2016 Audi Q5 Lease Questions

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Comments

  • NYCENGNYCENG Member Posts: 18
    edited May 2016
    Hi Good morning...
    This is for NY
    Can you provide me with the MF & residual values for a 2016 2.0T premium plus and premium..? 36months / 10,000 miles per year..

    is the 3.0T any different in terms of residual?

    Thank you!!
  • MichaellMichaell Moderator Posts: 258,878
    NYCENG said:

    Hi Good morning...
    This is for NY
    Can you provide me with the MF & residual values for a 2016 2.0T premium plus and premium..? 36months / 10,000 miles per year..

    is the 3.0T any different in terms of residual?

    Thank you!!

    36/10 numbers
    2.0T Premium - .00030 and 59%
    2.0T Premium Plus - .00030 and 56%
    3.0T Premium Plus - .00143 and 58%

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  • NYCENGNYCENG Member Posts: 18
    Thank you! 12k reduces residue values by 1%?
  • MichaellMichaell Moderator Posts: 258,878
    NYCENG said:

    Thank you! 12k reduces residue values by 1%?

    Correct.

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  • _carrera_carrera Member Posts: 25
    Could you please post the 24mo./10k miles numbers for the 2016 Audi Q5:
    • Premium 2.0
    • Premium Plus 2.0
    • Premium Plus 3.0
    • Prestige 3.0
  • MichaellMichaell Moderator Posts: 258,878
    _carrera said:

    Could you please post the 24mo./10k miles numbers for the 2016 Audi Q5:

    • Premium 2.0
    • Premium Plus 2.0
    • Premium Plus 3.0
    • Prestige 3.0
    Are you having trouble deciding on what to lease? :sunglasses:

    Instead of chasing the best deal, perhaps you should drive some of the cars you've inquired about and narrow the field.

    That said, here are the Q5 numbers:

    2.0T Premium - .00030 and 66%
    2.0T Premium Plus - .00030 and 63%
    3.0T Premium Plus - .00143 and 65%
    3.0T Prestige - .00143 and 61%

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  • kyfdxkyfdx Moderator Posts: 260,696
    _carrera said:

    Could you please post the 24mo./10k miles numbers for the 2016 Audi Q5:

    • Premium 2.0
    • Premium Plus 2.0
    • Premium Plus 3.0
    • Prestige 3.0
    Also, it's rare to find a 24 month lease deal that is cost effective. Better to focus on 36 months, unless there are extenuating circumstances.

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  • jables78jables78 Member Posts: 2
    Hi, I'm looking to lease a 2016 Q5 Premium Plus w/Tech Pack. Below is the quote the dealer gave me and I just wanted to make sure everything looks good. Any help or suggestions is greatly appreciated.

    36mo/15k

    MSRP: $48525
    Residual 53%
    MF .00099
    Selling Price: 45000
    Rebate     1000
    Cap Fees. 795
    Taxes.  1942.92
    Adjusted Cap Cost. 44795
    Upfront Fees. 270.50
    Amount Due at Start. 924.19
    Total Monthly Payment. 653.69
  • MichaellMichaell Moderator Posts: 258,878
    jables78 said:

    Hi, I'm looking to lease a 2016 Q5 Premium Plus w/Tech Pack. Below is the quote the dealer gave me and I just wanted to make sure everything looks good. Any help or suggestions is greatly appreciated.

    36mo/15k

    MSRP: $48525
    Residual 53%
    MF .00099
    Selling Price: 45000
    Rebate     1000
    Cap Fees. 795
    Taxes.  1942.92
    Adjusted Cap Cost. 44795
    Upfront Fees. 270.50
    Amount Due at Start. 924.19
    Total Monthly Payment. 653.69

    The 36/15 numbers this month for the Q5 Premium are .00030 and 56%.

    Confirm these numbers with your dealer - they can mark up the MF for more profit but can't touch the residual.

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  • jables78jables78 Member Posts: 2
    Thanks for the help. For premium plus he told me it was 53%, is this info available in writing 
  • MichaellMichaell Moderator Posts: 258,878
    jables78 said:

    Thanks for the help. For premium plus he told me it was 53%, is this info available in writing 

    Whoops .. somehow I missed the "plus" part of your original post. I confirm the 53% residual for P+ for 36/15

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  • johnny2001johnny2001 Member Posts: 15
    edited May 2016
    Hi
    Picked up a 2016 2.0 P + with tech last night. This is the deal I got (i think it was a decent deal)
    MSRP: $48585
    Negotiated price: $43850
    36/10K
    Upfront: $1499 (First month, DMV, Reg, Dealer)
    Monthly with tax included: $490

    Did not use M.F or residual but i told them that i wanted to stay under $500 per month.
    Also, dealer told me that March 2016 was the last order of 2016 Q5. All new dealer orders now will be 2017 models.
    Thanks
  • MichaellMichaell Moderator Posts: 258,878

    Hi
    Picked up a 2016 2.0 P + with tech last night. This is the deal I got (i think it was a decent deal)
    MSRP: $48585
    Negotiated price: $43850
    36/10K
    Upfront: $1499 (First month, DMV, Reg, Dealer)
    Monthly with tax included: $490

    Did not use M.F or residual but i told them that i wanted to stay under $500 per month.
    Also, dealer told me that March 2016 was the last order of 2016 Q5. All new dealer orders now will be 2017 models.
    Thanks

    Congrats on your new Audi!

    Thanks for sharing your deal details with us.

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  • chicatchicat Member Posts: 14
    What is May 2016 MF and residual for 2016 Q5 Premium 2.0 at 36/10k in northern Illinois? How about 36/12k? And what is a "reasonable" discount off MSRP? Thanks!
  • MichaellMichaell Moderator Posts: 258,878
    chicat said:

    What is May 2016 MF and residual for 2016 Q5 Premium 2.0 at 36/10k in northern Illinois? How about 36/12k? And what is a "reasonable" discount off MSRP? Thanks!

    .00030 and 59% / 58%.

    4-6% off MSRP is good for Audi.

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  • cooklawcooklaw Member Posts: 7
    Can you please provide lease cash, MF and residual on 2016 q5 premium w nav and q5 premium plus in Texas. 
    I was offered $450/ m and 3k down (Inc TTL) out door for 3yr 36 on premium w nav. 44.7k Msrp. 
    Thanks. 
  • kyfdxkyfdx Moderator Posts: 260,696
    cooklaw said:

    Can you please provide lease cash, MF and residual on 2016 q5 premium w nav and q5 premium plus in Texas. 
    I was offered $450/ m and 3k down (Inc TTL) out door for 3yr 36 on premium w nav. 44.7k Msrp. 
    Thanks. 

    .00030 MF and 58%/55% residual for Premium/PremiumPlus.

    No incentive information.

    Considering the high taxes on a lease in Texas, that looks like a decent deal. Would need the adjusted CAP cost to check it.

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  • donkizinganidonkizingani Member Posts: 3
    Hello,
    Could you please provide May lease cash, MF and residual on a Q5 Premium Plus with Tech package in Central Florida for a 36month / 15K per year lease?
    I am about to strike a deal and I want to ensure I get the best deal possible.
    I am currently being quoted the following
    MF .00078
    Res 53%
    MSRP $48,625.00
    Savings $3,149.91
    Rebate $1,750.00
    Cap $43,725.09

    Sales Tax $2,795.89
    Tag/Registration Fees $498.75
    Tire/Battery/MVWEA: $8.50
    Documentation Fee: $699.95
    Balance Due $47,728.18

    Cash down $2500
    Monthly Payment
  • donkizinganidonkizingani Member Posts: 3
    Sorry
    Monthly Payment $601

    Seems a bit high
  • MichaellMichaell Moderator Posts: 258,878
    Hello, Could you please provide May lease cash, MF and residual on a Q5 Premium Plus with Tech package in Central Florida for a 36month / 15K per year lease? I am about to strike a deal and I want to ensure I get the best deal possible. I am currently being quoted the following MF .00078 Res 53% MSRP $48,625.00 Savings $3,149.91 Rebate $1,750.00 Cap $43,725.09 Sales Tax $2,795.89 Tag/Registration Fees $498.75 Tire/Battery/MVWEA: $8.50 Documentation Fee: $699.95 Balance Due $47,728.18 Cash down $2500 Monthly Payment
    Sorry Monthly Payment $601 Seems a bit high
    .00030 and 53%. MF is marked up. 

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  • donkizinganidonkizingani Member Posts: 3
    Thank you sir. I'll go back to my dealer for a better MF
  • ankurgankurg Member Posts: 53
    Hi,
    I have a couple of questions around the MSD on Audi Q5.
    1. How many MSDs can we put up max? I heard it was 6 or 7. would like to confirm?
    2. By how much is the MF reduced for each MSD? again I heard its 0.00005 but want to confirm.
    3. Let's say, on Audi Q5, the current MF is 0.0003, does that mean that by putting up 6 MSDs, we can bring down the MF to 0? Is this even a valid scenario? how about putting up 7 MSDs then? does it lead to negative MF?

    thanks
    AG
  • MichaellMichaell Moderator Posts: 258,878
    ankurg said:

    Hi,
    I have a couple of questions around the MSD on Audi Q5.
    1. How many MSDs can we put up max? I heard it was 6 or 7. would like to confirm?
    2. By how much is the MF reduced for each MSD? again I heard its 0.00005 but want to confirm.
    3. Let's say, on Audi Q5, the current MF is 0.0003, does that mean that by putting up 6 MSDs, we can bring down the MF to 0? Is this even a valid scenario? how about putting up 7 MSDs then? does it lead to negative MF?

    thanks
    AG

    1. I believe Audi allows up to 9 MSDs
    2. Each MSD reduces the MF by .00005, as noted
    3. The minimum MF allowed by Audi for a lease is .00005; if the base MF is .00030, you can only have 5 MSDs to bring the MF down to .00005 (5 MSDs * .00005 = .00025)

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  • ankurgankurg Member Posts: 53
    thanks for details on MSD. one other question about the benchmarks on a well negotiated deal....you mentioned earlier 5-6% below MSRP is good deal. I can use the Employee purchase plan which is about 7% discount on MSRP. can this be combined with other discounts achieved thru negotiations?
  • MichaellMichaell Moderator Posts: 258,878
    ankurg said:

    thanks for details on MSD. one other question about the benchmarks on a well negotiated deal....you mentioned earlier 5-6% below MSRP is good deal. I can use the Employee purchase plan which is about 7% discount on MSRP. can this be combined with other discounts achieved thru negotiations?

    Generally, any sort of employee purchase plan uses a fixed price; you can either use it, or negotiate on your own and see if you can get a better deal.

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  • russejonyrussejony Member Posts: 3
    Does Audi do 24 month leases? I'm on my 2nd Q5 with a lease due this month and although I like the car, I would prefer to not be "stuck" with the old model for 2+ years after the 2017 comes out. If so, what would the 24/15 or 27/15 numbers be? Thanks!
  • MichaellMichaell Moderator Posts: 258,878
    russejony said:

    Does Audi do 24 month leases? I'm on my 2nd Q5 with a lease due this month and although I like the car, I would prefer to not be "stuck" with the old model for 2+ years after the 2017 comes out. If so, what would the 24/15 or 27/15 numbers be? Thanks!

    What engine and trim level?

    Audi offers both 24 and 30 month lease terms.

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  • russejonyrussejony Member Posts: 3
    Thanks. Looking at a Premium Plus with the 3.0
  • MichaellMichaell Moderator Posts: 258,878
    russejony said:

    Does Audi do 24 month leases? I'm on my 2nd Q5 with a lease due this month and although I like the car, I would prefer to not be "stuck" with the old model for 2+ years after the 2017 comes out. If so, what would the 24/15 or 27/15 numbers be? Thanks!

    russejony said:

    Thanks. Looking at a Premium Plus with the 3.0

    24/15 on 3.0T P+ - .00143 and 62%

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  • alfstinky1alfstinky1 Member Posts: 92
    Could you please give the June numbers for a premium plus 2.0 36/10 and 36/12 in NY when available please Thank you!
  • MichaellMichaell Moderator Posts: 258,878

    Could you please give the June numbers for a premium plus 2.0 36/10 and 36/12 in NY when available please Thank you!

    .00030 and 56% / 55%

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  • pfgray2008pfgray2008 Member Posts: 24
    How about the Money Factor and residual on a Audi Q5 3.0 with 36/10k in Portland Oregon?
  • MichaellMichaell Moderator Posts: 258,878

    How about the Money Factor and residual on a Audi Q5 3.0 with 36/10k in Portland Oregon?

    .00143 and 58% (Prem Plus) or 54% (Prestige)

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  • harpua728harpua728 Member Posts: 23
    How's this deal look for a Premium w/heated seats 36/10. In NY.

    Price before dealer rebates: $41,142
    Price After Rebates: $38,892
    Residual: $25,715
    Money Factor: 0.0003
    Due at Signing: $1,460 tax plus $795 bank fee plus $399 monthly payment ($2,654 total)
    Monthly payments: $399

    Seems like this is a great money factor that Audi is currently offering.

    Can I expect $2,654 to be the true amount due at signing or are there other hidden costs?

    I may have to go back for another test drive as I'm almost certain they had me test drive a Prestige and told me it was the same engine as the Premium. Shady.
  • harpua728harpua728 Member Posts: 23
    ...and they offered to cover my final payment on my current RDX lease via a 'coupon'. Not quite sure how this works.
  • kyfdxkyfdx Moderator Posts: 260,696
    harpua728 said:

    How's this deal look for a Premium w/heated seats 36/10. In NY.

    Price before dealer rebates: $41,142
    Price After Rebates: $38,892
    Residual: $25,715
    Money Factor: 0.0003
    Due at Signing: $1,460 tax plus $795 bank fee plus $399 monthly payment ($2,654 total)
    Monthly payments: $399

    Seems like this is a great money factor that Audi is currently offering.

    Can I expect $2,654 to be the true amount due at signing or are there other hidden costs?

    I may have to go back for another test drive as I'm almost certain they had me test drive a Prestige and told me it was the same engine as the Premium. Shady.

    What is the MSRP?

    Yes, the MF on this model is low.
    Hidden costs at signing? That depends on the dealer.

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  • harpua728harpua728 Member Posts: 23
    I'm not exactly sure what the MSRP is. Does it really matter? On my current lease my actual gross cap cost is more than MSRP but it includes EVERYTHING (taxes, fees, tags, etc.) and I have a pretty good deal.
  • kyfdxkyfdx Moderator Posts: 260,696
    harpua728 said:

    I'm not exactly sure what the MSRP is. Does it really matter? On my current lease my actual gross cap cost is more than MSRP but it includes EVERYTHING (taxes, fees, tags, etc.) and I have a pretty good deal.

    It might be easier to keep your questions in one discussion.

    I've answered you here:
    http://forums.edmunds.com/discussion/41384/audi/q5/audi-q5-lease-terms-numbers-dont-make-sense-to-me#latest

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  • joe_328joe_328 Member Posts: 2
    Anyone have the MF and Res on a 2016 SQ5 P+, 36/12?
  • MichaellMichaell Moderator Posts: 258,878
    joe_328 said:

    Anyone have the MF and Res on a 2016 SQ5 P+, 36/12?

    .00120 and 58%

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  • joe_328joe_328 Member Posts: 2
    Michaell said:

    joe_328 said:

    Anyone have the MF and Res on a 2016 SQ5 P+, 36/12?

    .00120 and 58%
    Thanks, Michaell!
    Will the numbers look similar for 2017? Or do they tend to be at more of a premium? Debating whether I should hold out for several months or not.
  • kyfdxkyfdx Moderator Posts: 260,696
    joe_328 said:

    Michaell said:

    joe_328 said:

    Anyone have the MF and Res on a 2016 SQ5 P+, 36/12?

    .00120 and 58%
    Thanks, Michaell!
    Will the numbers look similar for 2017? Or do they tend to be at more of a premium? Debating whether I should hold out for several months or not.
    No telling what might be coming. We usually don't see great lease deals from Audi, when a new model comes out.

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  • dglozmandglozman Member Posts: 178
    kyfdx said:

    joe_328 said:

    Michaell said:

    joe_328 said:

    Anyone have the MF and Res on a 2016 SQ5 P+, 36/12?

    .00120 and 58%
    Thanks, Michaell!
    Will the numbers look similar for 2017? Or do they tend to be at more of a premium? Debating whether I should hold out for several months or not.
    No telling what might be coming. We usually don't see great lease deals from Audi, when a new model comes out.
    Are there any indications when 2017 Q5 goes on sale?
  • kyfdxkyfdx Moderator Posts: 260,696
    dglozman said:

    kyfdx said:

    joe_328 said:

    Michaell said:

    joe_328 said:

    Anyone have the MF and Res on a 2016 SQ5 P+, 36/12?

    .00120 and 58%
    Thanks, Michaell!
    Will the numbers look similar for 2017? Or do they tend to be at more of a premium? Debating whether I should hold out for several months or not.
    No telling what might be coming. We usually don't see great lease deals from Audi, when a new model comes out.
    Are there any indications when 2017 Q5 goes on sale?
    Sorry... we don't have that info.

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  • harpua728harpua728 Member Posts: 23
    What's the residual on a premium plus tech 42mo lease w/10,000 miles per year?

    Also, is a deal too good to be true if a dealer is offering a $47,880 MSRP Q5 for an adj cap cost of $40,806.72 after $1,750 in dealer rebates?
  • kyfdxkyfdx Moderator Posts: 260,696
    harpua728 said:

    What's the residual on a premium plus tech 42mo lease w/10,000 miles per year?

    Also, is a deal too good to be true if a dealer is offering a $47,880 MSRP Q5 for an adj cap cost of $40,806.72 after $1,750 in dealer rebates?

    .00050 MF and 52% residual. (assuming 2.0T)

    You can't tell if a deal is too good to be true, until they quote the payment that goes along with it.

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  • harpua728harpua728 Member Posts: 23
    kyfdx said:
    What's the residual on a premium plus tech 42mo lease w/10,000 miles per year? Also, is a deal too good to be true if a dealer is offering a $47,880 MSRP Q5 for an adj cap cost of $40,806.72 after $1,750 in dealer rebates?
    .00050 MF and 52% residual. (assuming 2.0T) You can't tell if a deal is too good to be true, until they quote the payment that goes along with it.
    Thanks. 

    That price was actually for a 36/10 lease. 

    Msrp $47,880. Cap cost $40,745 including discount/rebates. Rebates of $1,750 I believe. $26,813 residual. MF 0.0003. $2,694 @ signing (ny tax, $795 bank fee, and first month payment). $409 monthly.  

    How does this look?


  • MichaellMichaell Moderator Posts: 258,878
    harpua728 said:


    kyfdx said:

    What's the residual on a premium plus tech 42mo lease w/10,000 miles per year?

    Also, is a deal too good to be true if a dealer is offering a $47,880 MSRP Q5 for an adj cap cost of $40,806.72 after $1,750 in dealer rebates?
    .00050 MF and 52% residual. (assuming 2.0T)

    You can't tell if a deal is too good to be true, until they quote the payment that goes along with it.

    Thanks. 

    That price was actually for a 36/10 lease. 

    Msrp $47,880. Cap cost $40,745 including discount/rebates. Rebates of $1,750 I believe. $26,813 residual. MF 0.0003. $2,694 @ signing (ny tax, $795 bank fee, and first month payment). $409 monthly.  

    How does this look?




    .00030 and 56% for 36/10.

    I get $407/mo with those prices, so pretty close to the dealer quote.

    I'd get the full breakdown of the $2694 due at signing.

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  • harpua728harpua728 Member Posts: 23
    You're right. It's $407 a month. But is that overall deal too good to be true?
  • MichaellMichaell Moderator Posts: 258,878
    harpua728 said:

    You're right. It's $407 a month. But is that overall deal too good to be true?

    If you've got it on paper and the dealer is willing to honor it, it's a great deal. Not seen that large of a discount from sticker on the Q5.

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