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2020 Audi Q5 P+ Hybrid Lease

sankhedekarsankhedekar OregonPosts: 3
edited March 2020 in Audi
Please let me know if this deal looks good.
Planning to buy 2020 Audi 2020 Premium Plus Hybrid by March 2020 end.

2020 Audi Q5 55 TFSI e quattro
Mythos Black Metallic
Black Interior
Premium Plus Package
Driver Assistance Package
Cold Weather Package
Bang and Olufsen sound system

Lease Details:
MSRP: $61,440
Savings: $3,025
Lease Price: $58,415

Sales Tax: 519
Dealer/State Fees: 701.50
Total Price: $59,636

Rebate: $6,712

For 36 months/10k miles:
Cash Down: $2500
Lease Payment: $720

Cash Down: $3500
Lease Payment: $689.55

Cash Down: $4500
Lease Payment: $658.74

Depreciation Percent: 53%
Money Factor: 0.00213


Please let me know how can I negotiate with the dealer?
Is this deal good or I need to ask other dealer for the quotes?

Please let me know how can I use the calculator as I am new to buying a car.

Thanks.

Comments

  • kyfdxkyfdx Posts: 180,054

    Please let me know if this deal looks good.
    Planning to buy 2020 Audi 2020 Premium Plus Hybrid by March 2020 end.

    2020 Audi Q5 55 TFSI e quattro
    Mythos Black Metallic
    Black Interior
    Premium Plus Package
    Driver Assistance Package
    Cold Weather Package
    Bang and Olufsen sound system

    Lease Details:
    MSRP: $61,440
    Savings: $3,025
    Lease Price: $58,415

    Sales Tax: 519
    Dealer/State Fees: 701.50
    Total Price: $59,636

    Rebate: $6,712

    For 36 months/10k miles:
    Cash Down: $2500
    Lease Payment: $720

    Cash Down: $3500
    Lease Payment: $689.55

    Cash Down: $4500
    Lease Payment: $658.74

    Depreciation Percent: 53%
    Money Factor: 0.00213


    Please let me know how can I negotiate with the dealer?
    Is this deal good or I need to ask other dealer for the quotes?

    Please let me know how can I use the calculator as I am new to buying a car.

    Thanks.

    .00172 MF and 53% residual
    $6712 lease cash

    The dealer has marked up the money factor. You want the base rate.

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

    Edmunds Moderator

  • sankhedekarsankhedekar OregonPosts: 3
    @kyfdx What does base rate means?
    Sorry Im new to buying cars and its terminology.
    So u mean base rate of the car?
  • kyfdxkyfdx Posts: 180,054

    @kyfdx What does base rate means?
    Sorry Im new to buying cars and its terminology.
    So u mean base rate of the car?

    Money Factor: 0.00213

    .00172 MF

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

    Edmunds Moderator

  • sankhedekarsankhedekar OregonPosts: 3
    I got a new quote from other dealer.
    2020 Audi Q5 55 TFSI e quattro
    Brilliant Black
    Black Interior
    Premium Plus Package
    Driver Assistance Package
    Cold Weather Package
    Bang and Olufsen sound system

    Lease Details:
    MSRP: $60,845
    Savings: $2,434
    Lease Price: $58,411

    Rebate: $6,712

    For 36 months/10k miles:
    Depreciation Percent: 53%
    Money Factor: 0.00172

    Lease Payment: $771.78

    Cash Down: $2500
    Due at signing
    First month payment: $771.78
    Cap cost reduction: $792.04
    Registration and Fres: $643.50
    Privilage Tax: $292.68

    Will negotiate to get the lease price to $54000 (min 10%) and monthly payment to $600/month including audi care.

    Is this possible and what number should I target for:
    Lease price
    Monthly payment

    Thanks in advance.
  • kyfdxkyfdx Posts: 180,054

    I got a new quote from other dealer.
    2020 Audi Q5 55 TFSI e quattro
    Brilliant Black
    Black Interior
    Premium Plus Package
    Driver Assistance Package
    Cold Weather Package
    Bang and Olufsen sound system

    Lease Details:
    MSRP: $60,845
    Savings: $2,434
    Lease Price: $58,411

    Rebate: $6,712

    For 36 months/10k miles:
    Depreciation Percent: 53%
    Money Factor: 0.00172

    Lease Payment: $771.78

    Cash Down: $2500
    Due at signing
    First month payment: $771.78
    Cap cost reduction: $792.04
    Registration and Fres: $643.50
    Privilage Tax: $292.68

    Will negotiate to get the lease price to $54000 (min 10%) and monthly payment to $600/month including audi care.

    Is this possible and what number should I target for:
    Lease price
    Monthly payment

    Thanks in advance.

    Sorry, but we don't know what price you can achieve.

    Edmunds price research is here:
    https://www.edmunds.com/new-cars/

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

    Edmunds Moderator

  • ADub94070ADub94070 Posts: 4
    edited April 2020
    Hi. Could I get the MF, Residual, any rebates or loyalty benefits for 2020 Q5 E premium plus in 94118. 36/10 and 36/12. Thanks!
  • MichaellMichaell ColoradoPosts: 175,009
    ADub94070 said:

    Hi. Could I get the MF, Residual, any rebates or loyalty benefits for 2020 Q5 E premium plus in 94118. 36/10 and 36/12. Thanks!

    36/12
    .00172 and 52%
    $6712 lease cash
    No loyalty

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi there. Could I get the MF, residual, and any rebates or loyalty benefits for 2020 Q5 E premium plus in 97209.
    36/12 and
    36/15

    Thanks!
  • MichaellMichaell ColoradoPosts: 175,009

    Hi there. Could I get the MF, residual, and any rebates or loyalty benefits for 2020 Q5 E premium plus in 97209.
    36/12 and
    36/15

    Thanks!

    36/15
    .00166 and 49%
    $6712 lease cash
    $1000 loyalty

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

This discussion has been closed.