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

Answers

• syaudi18 Member Posts: 2

  October 2017

  Thank You

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• starstar56 Member Posts: 5

  February 2018

  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.
  
  

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• kyfdx Moderator Posts: 236,760

  February 2018

  starstar56 said:

  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.
  

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• starstar56 Member Posts: 5

  February 2018

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

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• kyfdx Moderator Posts: 236,760

  February 2018

  starstar56 said:

  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

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• starstar56 Member Posts: 5

  February 2018

  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.
  
  

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• kyfdx Moderator Posts: 236,760

  February 2018

  starstar56 said:

  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?

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• starstar56 Member Posts: 5

  February 2018

  sure, here you go.

  Monroney_WA1BNAFY0J2109815.pdf 1.2M

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• kyfdx Moderator Posts: 236,760

  February 2018

  starstar56 said:

  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.

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• starstar56 Member Posts: 5

  February 2018

  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.

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• kyfdx Moderator Posts: 236,760

  February 2018

  starstar56 said:

  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.

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