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Audi Q7 Lease Questions

809 messages,  Last post on Oct 19, 2009 at 2:09 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Audi Q7, Car Leasing, Car Buying, SUV


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#1 of 809
Audi Q7: Lease Questions by Car_man HOST
May 03, 2006 (2:04 am)
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Hi everyone. Please use the following discussion to post any questions that you have about leasing an Audi Q7. Thanks.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#2 of 809
Received the lease numbers a month ago by trabd123
May 03, 2006 (7:11 pm)
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Hi Car_man,
The Audi dealer in NY faxed me the following lease numbers two months ago for an Audi Q7 4.2:
 
12k/36 months: $735.13
10k/36 months: $720.61
MSRP: $54,520
 
The initial payment includes: $575 Bank Fee, 1st Month Payment, MV Fees and NY taxes.
NOTE: AUDI HAS WAIVED SECURITY DEPOSIT OF LEASES CONTRACTED BY 5/31/06.
 
This car has the Technology package, 4 zone climate control and XM Satellite Radio.
 
I think he came up with the numbers above based on the A6 3.2q lease numbers. Do these numbers make any sense to you and am I getting a good deal here?
 
Thanks,
TARBD123
#3 of 809
Re: Received the lease numbers a month ago [trabd123] by rbirns1
May 04, 2006 (9:19 am)
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Replying to: trabd123 (May 03, 2006 7:11 pm)

Which Audi dealer was this? What availability do they have or expect to have? In other words, when can you have that car they quoted?
#4 of 809
Re: Received the lease numbers a month ago [trabd123] by Car_man HOST
May 07, 2006 (7:04 am)
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Replying to: trabd123 (May 03, 2006 7:11 pm)

Welcome to this new discussion, trabd123. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month, 12,000 mile per year lease of a 2007 Audi Q7 4.2 are .00115 and 58%, respectively. The money factor for a lease with only 10,000 miles per year would be the same, but the residual value would increase to 59%. The selling price of the Q7 that you want will depend upon its selling price. Since this is a brand new model that just began to trickle into dealers, for now I will assume that you are paying full MSRP for the one that you want. Correct me if I am wrong. According to my calculations, if you were to lease a 2007 Audi Q7 4.2 with an MSRP and a selling price of $54,520 through Audi Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $736. The payment for an identical lease with only 10,000 miles per year would drop to around $721. As you can see, the payments that I came up with are right in line with the ones that you were quoted. I am sure that you would be able to get this truck for well below full MSRP if you waited a few months to get one, but if you want to be the first on the block to have a Q7 you will have to pay more.
 
Car_man
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Smart Shopper / Prices Paid Forums
#5 of 809
Re: Received the lease numbers a month ago [Car_man] by trabd123
May 07, 2006 (8:16 am)
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Replying to: Car_man (May 07, 2006 7:04 am)

Thanks very much for this valuable info. The lease of my BMW x5 will terminate by the beginning of next month and I need a 7 seats car. I have to choose between either lease an Audi Q7, buy 06 Cadillac Escalade or extend my current BMW x5 lease for another six month to get into the Audi Q7 or the new BMW x5. What do you think the best choice?
 
Thanks,
trabd123
#6 of 809
I am by dhamilton
May 07, 2006 (6:54 pm)
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a huge Audi fan. That said I might be a little leery of any first year German model. I think if you have a good relationship with the dealer this can nullify that issue. The other thing is that I wouldn't expect much if any discount on this new model.
 Having said all that I would still buy the Q7 over any other model in it's category. I have been to the Audi mountain, and the mountain is good. I suggest trying to extend the lease on your X5 and see what things look like in 6 months. I have driven both the Q7 and the escalade and their is no comparison IMO.
 Whatever you do, good luck and let us know how you did.
#7 of 809
I also heard this comment by trabd123
May 07, 2006 (7:20 pm)
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from the dealer today. No discount will be given on the Q7 until Sept. or maybe later if Q7 sales go well in the next few months. Also, my wife wasn't so happy about the 3rd row seat. It's designed for young kids or anyone around 5'3". We are completely changing gears now and leasing an Audi A6 3.2q. We're getting a $675 a month (taxes in payment) for 12k/36 months with only first payment and bank fee up front. The MF and RS are 0.000611 and 53% and the sell price is $46,100 for an MSRP of 49,160. The sell price includes a $1000 loyalty for BMW customer. What do you think of this lease number?
 
Thanks,
TRABD123
#8 of 809
Third seat by rbirns1
May 08, 2006 (12:06 pm)
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What bothers me about the third row seat is not so much the legroom (most of these SUV third rows are only good for kids or short trips for small adults). The problem I see is that with the third row up, there is almost no trunk space behind that row. The headrests are within a couple inches of the tailgate (questionable safety?). My XC90 has a useable area (about 18" deep) back there when the third row is in use.
#9 of 809
Re: Received the lease numbers a month ago [trabd123] by Car_man HOST
May 17, 2006 (2:03 am)
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Replying to: trabd123 (May 07, 2006 8:16 am)

You're very welcome, trabd123. I don't know if you have seen the Q7 in person yet, but if you haven't you definitely should check it out. Most Audi dealers just started to get them in a couple of weeks ago. It is a very nice truck. Its current lease program is very similar to the one that BMW is running on the '06 X5, so which one is more expensive will all boil down to price. In your post you mentioned the 2006 Cadillac Escalade, however I personally would much rather have the redesigned 2007 Escalade. It is a really nice truck and a dramatic improvement over the '06 model, which already was a pretty good vehicle. You really can't go wrong with the Q7, X5, or '07 Escalade. They're all nice trucks.
 
Car_man
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Smart Shopper / Prices Paid Forums
#10 of 809
Re: Received the lease numbers a month ago [Car_man] by tlevy
May 27, 2006 (4:57 pm)
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Replying to: Car_man (May 07, 2006 7:04 am)

Is the Money Factor still .00115 today (5-27-06)at Audi Financial?

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