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Audi Q7 Lease Questions

721 messages,  Last post on Oct 11, 2008 at 10:08 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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#12 of 721
Q7 best time to Buy or Lease? by anumolu
Jun 05, 2006 (1:43 pm)
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Is it the right time if looking for a good deal on the Audi Q7 or wait for few more months?. I asked the dealer to work and let me know if $3500/down + $599/mth on a $54,520 can be do-able on 15k/yr for a 36m lease, I think the above may go up to $100/mth more lets see. They have given me a drive appointment this Wed 6/7/06, Had I really liked the vehicle and want to get it now, whats the best leasing payments you would suggest?. pls let me know.
#13 of 721
Re: Q7 best time to Buy or Lease? [anumolu] by bwedotnet
Jun 05, 2006 (2:08 pm)
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Replying to: anumolu (Jun 05, 2006 1:43 pm)

Hi Anumolu:
 
I am no expert but $599/mo seems optimistic. I ran the numbers on a $55K purchase price 0.00117 money factor, $3000 down, 56% residual (36mo/15K). The monthly rate was approx $790 including tax. $733 before taxes.
 
NOTES:
1. Assumes MSRP = Purchase Price. I doubt you'll get a discount off of MSRP right now
2. Money Factor assumes 2.8% Audi special lease rate is still valid for June
#14 of 721
Re: Received the lease numbers a month ago [tlevy] by Car_man HOST
Jun 06, 2006 (3:26 am)
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Replying to: tlevy (May 27, 2006 5:57 pm)

Yes, Audi Financial Services' .00115 money factor for the 2007 Q7 is good through July 5th.
 
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#15 of 721
Re: MF for June 2006? [bwedotnet] by Car_man HOST
Jun 06, 2006 (3:31 am)
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Replying to: bwedotnet (Jun 04, 2006 8:02 pm)

Hello bwedotnet. If you were to lease a 2007 Audi Q7 4.2L (not the Premium model) through Audi Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00115 and 56%, respectively.
 
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#16 of 721
Re: Q7 best time to Buy or Lease? [anumolu] by Car_man HOST
Jun 06, 2006 (3:36 am)
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Replying to: anumolu (Jun 05, 2006 1:43 pm)

Hi anumolu. I don't think that the first couple of months after a brand new model is introduced is ever the best time to get a good deal. Dealers try to hold onto their grosses on new models for as long as possible. Having said this, Audi's lease program for the Q7 isn't bad. So if you are able to find a dealer that will give you one for a reasonable price, leasing one right now is not that bad. Rather than focusing on the payment for the Q7 that you want, focus on the two negotiable aspects of your deal - this truck's selling price and the money factor that is used to calculate its lease payment. If you negotiate an attractive selling price and use its buy rate lease money factor, its payment will take care of itself. FYI, Audi Financial Services' current buy rate lease money factor for the '07 Q7 is .00115.
 
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#17 of 721
Re: MF for June 2006? [Car_man] by bwedotnet
Jun 06, 2006 (7:57 am)
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Replying to: Car_man (Jun 06, 2006 3:31 am)

Hi Car_man:
 
Thanks a lot for confirming. I am scheduled to pick my Q7 up in a week or so. I'll let you know how it goes.
#18 of 721
Q7 3.6 Lease Speculation by wadamspad
Jun 06, 2006 (12:10 pm)
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Although pricing has not yet been released on the Q7 3.6 FSI, any speculation on what residual values/money factors for standard and premium versions will look like? Especially as compared to the 4.2 FSI numbers -- higher/lower RV's, same MF's, etc...
 
Also, what would be the best way to negotiate on 3.6 pre-orders at this point?
#19 of 721
Re: Q7 3.6 Lease Speculation [wadamspad] by rjlaero
Jun 07, 2006 (6:33 am)
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Replying to: wadamspad (Jun 06, 2006 12:10 pm)

I doubt you're going to get any substantial discount off a 3.6 in the next 6 months. With limited production of the V6's, they'll probably be in short supply for a while as they come in the late summer/early fall.
 
The 3.6's may indeed be more popular than the 4.2's in some parts of the country with the way gas prices are, and just overall cost of the 3.6's probably being 5-6k less expensive.
 
It's hard to say as nobody has driven a 3.6 yet, and how they'll be in power department. I think that's the biggest factor in how they'll sell.
#20 of 721
Re: Q7 best time to Buy or Lease? [Car_man] by anumolu
Jun 08, 2006 (7:49 am)
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Replying to: Car_man (Jun 06, 2006 3:36 am)

Thank you "car_man & bwedotnet". heres the deal I got from the dealer and Q7 is to go. NoDiscount-SP=$58,770 , $5000 down, $590/m, 12k/y on 36m lease. Based on your suggested numbers I think I got a reasonable deal. I am working on 15K/y bargain for a $30 more instead. Lets see...
Now comming to test drive experience and looks, I enjoyed the driving feel of Mercedes GL450 than this Audi Q7. However the interior, exterior, pickup of Audi while changing lanes on highway seemed lot better to me. Overall based on the deal I got from the dealer I am inclined for the Audi Q7 deal. Before I go ahead, Can one you give me your final suggestion pls, will highly appreciate it.
#21 of 721
Re: Q7 best time to Buy or Lease? [anumolu] by rbirns1
Jun 08, 2006 (8:48 am)
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Replying to: anumolu (Jun 08, 2006 7:49 am)

My suggestion: never put money down on a lease. One of the worst financial moves you can make.

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