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Car Buying Advice - 2018 Q7 lease a good deal?
I am ordering a 2018 Q7 Premium Plus and am thinking of leasing. The sticker is 65,100 and he took 5% off and deducted my 1000 audi ownership bonus to come to a price of 60,845. the lease money factor is .0021 and the residual is 62%. they also want 2k down. Total payment will be 869.34 per month. Is that a fair deal? Am i missing anythign?
Also, they have a premium plus model without adaptive cruise control in the 2017 model they are looking to move since it was stolen off their lot and now has 700 miles on it. Is the adaptive cruise control that great? I do commute on the freeway each day but just wanted to be sure it is worthwhile.
Tahnks!!!
Also, they have a premium plus model without adaptive cruise control in the 2017 model they are looking to move since it was stolen off their lot and now has 700 miles on it. Is the adaptive cruise control that great? I do commute on the freeway each day but just wanted to be sure it is worthwhile.
Tahnks!!!
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Answers
The sales price looks good. If the MF drops to .00186, you would save yourself about another $25-30/mo.
I would reach out to another Audi dealer and see what they say the money factor is. Just tell them you qualify for the top tier money factor of .00186.
3.0 liter and Bay Area zip code of 94104
I am a ACNA Member and wanted to also know what other Incentives, Rebates, Manufacture Rebates, AUDI PROGRAMS that I can use to get the Selling Price Lower.
Any Bonus Cash for returning lease owner (I had a 2010 Audi A6 and 2012 Audi A6 Earlier)
Any Incentive using Audi Financial, Audi Owner Loyalty Program, Conquest Program for new Audi Customers or having an American Express Card, AAA Member or All State Insurance.
I requested the Dealer to share these payment terms:
Option#1: 1st and Fees Lease
Option#2: Sign and Drive Lease
Option#3: Total Out of Pocket Lease
Option#4: Inceptions, Tags, License and Fees
Now the dealership said, they are willing to take off 7% of MSRP. This will be a BUILD I believe rather than a Dealer Stock, Swap or LOCATE.
Here is what I was looking for 36 or 39 Months Lease with 12,000 or 10,000 miles per year.
Please see below is the number are correct, I just feel the MF and Depreciation is somewhat questionable.
QUOTE #1: 2018 Audi Q7 PREMIUM PLUS
MSRP- $68,625
Invoice- $64,507
Selling Price- $63,821
CAP Cost- $67,082
Doc Fee- $299
Residual Value- $41,175
Money Factor- .00240
Buy out- $41,861
Miles per year- 12k
Money down -1st payment
Monthly Payment ( 39 Months) 961.44
Bank Fee -$795(Acquisition)
Gap Insurance Cost - Should be Included
Total Depreciation (%)42
QUOTE #2: 2018 Audi Q7 PRESTIGE
MSRP - $73,025
Invoice - $68,643
Selling Price - $67,913
Cap CostT- $71,451
Doc Fee - $299
Residual Value - $41,624
Money Factor- .00240
Buyout- $41, 624
Miles per year- 12k
Money down - 1st payment
Monthly Payment $1077
Bank Fee $795(Acquisition)
Gap Insurance Cost - Should be Included
Total Depreciation 43%
Also what is the running MF, Residual for September 2017 and possible for October 2017
Please kindly Advise. Thank you.