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You are in the Prices Paid - Buying & Leasing Experiences
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Audi Q7, Car Leasing, Car Buying, SUV
#90 of 302 Can someone tell me if this is a good deal?
Apr 15, 2007 (11:29 am)
I'm about to sign this lease deal:
2007 Audi Q7 3.6 Premium
3rd row seat
Muti-panel sun roof
It's a 36 month lease, 15K miles/year
Due on delivery $2600 (includes 1st payment and all the usual fees - no security deposit though - plus $946 cap reduction to reduce my payments)
Dealer selling the car for $52,200 ($735 above invoice)
My monthly payments are $743.14 (which includes the Audi Care program to cover routine maintencance for the length of the lease).
A friend of mine who recently leased an A8 from the same dealership tells me that he thinks I'm getting a good deal.
I would be interested in hearing what other people have to say about it. Thank you.
#91 of 302 What is money factor as of April 1, 2007?
Apr 15, 2007 (12:08 pm)
I saw in another post that the money factor on a 36 month lease, 15K miles per year, Q7 3.6 premium was .00034.
In the lease deal that I mentioned above, the dealer calculated it on a money factor of .00068. Is this correct? Did the money factor change as of the end of March?
#92 of 302 Re: Can someone tell me if this is a good deal? [bfeldstein1]
Apr 15, 2007 (3:39 pm)
That is virtually the same car I bought in early Feb. I have the 19" wheels - and paid in the $53K area. Great deal. Given the 2008s are coming out, you should make one last push.
#93 of 302 Good deals and good dealing...?
Jun 05, 2007 (9:07 am)
I can't believe how the internet has destroyed the little things that buying from a dealership were all about.
Let me put it this way...
Most of you that are on this forum are here to do one main thing...BLEED THE DEALER OUT OF PROFITS!
People are under the impression that there are millions in every car deal and there isn't. Dealers have the right to a fair profit too!
Did you know that the average markup (profit) in a Q7 is about 7%?
Guess how much is in each gallon of that gasoline you buy for the gas station? 18!!!!
Do you haggle at the pump? Didn't think so..
Here is what is being lost here......
You bleed a car salesman to convince his highline manager (who is on salary and usually unit bonus) to come down to 1000 over invoice....When the unit sells at that price, the salesman gets what is known as a MINI (minimum comission) which is equivalent to minimum wage for the time he spent on your deal Mr Haggle.
Do you think the salesperson will even want to remember your name? Do you think he will want to ever go out of his way for you when you need a vehicle for your daughter?
Will you recieve a thank you card from him? Will you recieve a birthday card from him?
Will he help you out in getting that loaner at the last minute when you come in for service or maintenance?
In so many words, I believe the relationship between the salesperson and buyer is being destroyed..
#94 of 302 Re: Good deals and good dealing...? [av8rdavid]
by kyfdx@Edmunds HOST
Jun 05, 2007 (12:10 pm)
You're kidding, right?
Not one salesperson that I've ever bought a car from has been there the next time I went back. Not only that, 99% of my contacts with a dealership after purchase are with the service department. In my experience, a salesperson has little or no pull with service, anyway.
My goal, when I purchase a car, is to pay as little as possible. The dealership's goal is to have me pay as much as possible. I have no problem with that. The dealership has never sold me a car at a price that wasn't acceptable to them. The salesperson's pay plan is not my problem, or my business.
If you are unhappy with your pay scale, or your job, I suggest finding another line of work. Expecting a customer to pay more, for the benefit of a relationship with you, is asking for an awful lot.
If I'm bleeding the dealership out of their profit, I'd expect them to go out of business, eventually.. Haven't seen that happen, yet. Would I feel bad if it did? Hmmm... I could probably get over it.
I'm a nice guy.. and I prefer a non-confrontational approach. But, I'm not paying extra so you can be my friend.
#95 of 302 Newbie Salesman av8rdavid
Jun 05, 2007 (5:12 pm)
i'm guessing av8rdavid is some newbie salesman who thought selling cars would be an easy way to make some cash and escape the real world all his friends and others have to live in to make it. well now I'm betting that he's done a couple of deals and realizes money doesn't grow on trees there either and he's po'd so he's decided to take it out on the internet
I give you another 2 weeks TOPS!
So really, how close am I?
#96 of 302 Re: Good deals and good dealing...? [av8rdavid]
Jun 06, 2007 (4:34 am)
A good relationship between dealers (or salemen)and customers should not be measured with how much a customer is willing to pay. I have owned cars from BMW, Audi, Lexus, Honda, Nissan, etc over the years. The longest relationship that I have (and still have) is with the Lexus. In many way, a good relationship is how you position yourself and market yourself the right way. I don't think that I paid more by buying lexus, but I do think that I have spend more with Lexus service department. Not because the Lexus had more trouble than other brand (in fact it is the other way around), but I was better treated as a true customer when I went there everytime. If a dealer thinks the only way to be profitable is to have salemen ask for more money from customer, then it won't last long in business.......
I am not the one that necessary walk into the dealer is to "bleed" dealer to death. It is an competitive market and it is all about to be ab educated customer and getting a fair deal during the process.
Here is another example, I have two Audi dealers in the area, when I presented myself with same purchase for a specific configured Audi A6, I was quoted nearly $2000 in difference. The one who quted less has better service department, better environement in general, and most important with better customer attention through out process. Guess who got my order.
#98 of 302 Re: Can someone tell me if this is a good deal? [bfeldstein1]
Jun 22, 2007 (5:47 am)
I just bought this exact same car. My price was $52,500 (slightly higher then yours). The other difference was that it was 10,000 miles per year and not 15 likeyours. My monthly repayments were about $710/month.
Jun 22, 2007 (7:25 pm)
found an 07 Q7 4.2 with 1,500 miles on it. Has virtually nothing xtra on it but sat radio, 4 zone climate side air bags listed 500.00. It has been licensed and the dealer drives it.
I should be able to get this for 1500 below invoice don't you think? or should it be more below the invoice.