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2018 Q5 P+ MF / Residual & % off of MSRP?

syaudi18syaudi18 Posts: 2
edited October 2017 in Audi
Hello

Can you please advise on the MF & residual for a 2018 Q5- 36 month/12k for premium plus in the NVA/DC metro area? Also what's the typical percentage off of the MSRP for this vehicle??

Thank you
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  • Thank You
  • Hi kyfdx.

    I am looking to lease a 2018 Audi Q5 Prestige for 36 months/12k per year miles in the Chicago area. an you pls advise on the MF & residual and also the typical percentage off the MSRP for this car.?

    The following is a reply that I got for a local dealer. Is this info correct? Thanks very much!

    ***'
    John,

    I ran the numbers at $1,000 over dealer invoice. I have to pay to ship two cars so at the end of the day, after I jump through Audi's 360 different hoops, and I pay True Car a referral fee of $400 I might make $350 on a $58,000 investment. Not sure why you are putting the blame on us as being high?

    Residual is 56% which is $32,076
    The Audi Acquisition fee is $895
    Selling price including shipping is $54,843
    Money Factor is standard rates of .001945

    Monthly depreciation $713
    Monthly interest $174

    sales tax $2,013.30
    doc fee $175.94
    new plates $221


    Total of monthly payments with interest is $31,964.40


    This is without the $2,000 down.

  • kyfdxkyfdx Posts: 113,964

    Hi kyfdx.

    I am looking to lease a 2018 Audi Q5 Prestige for 36 months/12k per year miles in the Chicago area. an you pls advise on the MF & residual and also the typical percentage off the MSRP for this car.?

    The following is a reply that I got for a local dealer. Is this info correct? Thanks very much!

    ***'
    John,

    I ran the numbers at $1,000 over dealer invoice. I have to pay to ship two cars so at the end of the day, after I jump through Audi's 360 different hoops, and I pay True Car a referral fee of $400 I might make $350 on a $58,000 investment. Not sure why you are putting the blame on us as being high?

    Residual is 56% which is $32,076
    The Audi Acquisition fee is $895
    Selling price including shipping is $54,843
    Money Factor is standard rates of .001945

    Monthly depreciation $713
    Monthly interest $174

    sales tax $2,013.30
    doc fee $175.94
    new plates $221


    Total of monthly payments with interest is $31,964.40


    This is without the $2,000 down.

    .00169 MF and 55% residual for 36/12
    56% is either for 36/10, or with AudiCare.

    Looks like they've marked up the money factor some.
    6% off MSRP is pretty decent for an Audi.

    If they are doing a dealer trade for you, that isn't going to help your cause.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thank you very much. What should a reasonable acquisition fee be for a 2018 Q5 Prestige Plus lease?

    Great information, thank you very much.
  • kyfdxkyfdx Posts: 113,964

    Thank you very much. What should a reasonable acquisition fee be for a 2018 Q5 Prestige Plus lease?

    Great information, thank you very much.

    The AFS acquisition fee is $895

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks.

    Does this seem like a fair proposal?

    2018 Q5 Premium Plus MSRP of $52,150
    Please see attachment for vehicle I used.

    36 months 12,000 miles per year 58% Residual 0.00169 Money Factor
    $529/mo. includes tax and no loyalty incentive.
    Due at signing 1st payment, plates, and Acquisition fee and $4,000

    Please let me know how this looks as it is based on True Car discount as well.

  • kyfdxkyfdx Posts: 113,964

    Thanks.

    Does this seem like a fair proposal?

    2018 Q5 Premium Plus MSRP of $52,150
    Please see attachment for vehicle I used.

    36 months 12,000 miles per year 58% Residual 0.00169 Money Factor
    $529/mo. includes tax and no loyalty incentive.
    Due at signing 1st payment, plates, and Acquisition fee and $4,000

    Please let me know how this looks as it is based on True Car discount as well.

    Attachment?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sure, here you go.
  • kyfdxkyfdx Posts: 113,964

    sure, here you go.

    So, the only thing that's included in the lease payment is tax, right?
    Everything else, plus a $4000 CAP reduction is paid upfront?

    If the tax is in the CAP cost, I get a selling price of around $47,200.
    That's a pretty good discount for an Audi.
    But, I wouldn't put an extra $4000 upfront.
    I'd keep that in my pocket and just take the $639/mo. payment.

    If my assumption is wrong, and you have to pay the sales tax upfront, then the deal isn't nearly as good.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • according to his email, yes and yes to your questions above.

    Amid those conditions, even with the $4895 up front ($4000 down plus $895 acquisition fee), is it a good deal?

    Thanks for all of this.
  • kyfdxkyfdx Posts: 113,964

    according to his email, yes and yes to your questions above.

    Amid those conditions, even with the $4895 up front ($4000 down plus $895 acquisition fee), is it a good deal?

    Thanks for all of this.

    It's $4895 + 1st payment and DMV, right?
    So, more like $5700 due at signing?

    Yes, it's a good deal, though as you can see, Audis are not cheap to lease.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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