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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
823 messages, Last post on Dec 03, 2009 at 11:37 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: shoprey85 (Feb 04, 2007 1:26 pm) Shoprey85, to this day, the fleet manager still insisted that he was below invoice. According to Edmunds, I was above invoice. What is important to me was that I was happy w/ my numbers based on my research. I used current offer on Q7 from Audi website as my benchmark. My drive off was $2K rather $4,123. I have 12Kmi/yr rather 10Kmi/yr. My $57,310 car is loaded w/ more options than a $50K car. Compared to the current Internet offer, since I can do less lease inception, get 2K mi more per yr, depreciate the car more after 36 months, and get a car loaded w/ more options, all for just $100 more, I have become happy as a clam. I'm sure that there are others who can do much better than I can. |
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I am negotiating a new lease on a base 3.6 + Comfort Package + Sunroof + Third Row Seat. The MSRP is $45,160, invoice $41,789, and they are asking for $2,000 over invoice. I am getting $1,000 loyalty from Audi, so my monthly is around $537 (no money down) on a 12,000 miles 36 month lease. I read most are getting $1,000 over invoice, which I am if I factor in the loyalty, but that should be additional savings, correct? Thanks for any help |
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I just ordered a 2007 Q7 3.6 Premium with the Convenience Package, Infotainment Package, Technology, Moonroof, 19" wheels in Quartz Gray. MSRP is $56,420. Lease is for 36 months, 15,000 miles per year, no cap cost reduction, $1785 due at lease signing. $772.38/month including NJ taxes. I will be doing $3,000 worth of Multiple Security deposits which lowers the payment to $742/month. 12% tax free guaranteed, not a bad deal with the MSDs, I think. So how did I do?
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Audi provides lessees who pre-pay for scheduled maintenance with a 1% boost in vehicles' residual values Where can I find any documentation of this to take to the dealer? Thank you so much. This forum is invaluable. |
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Replying to: mikeoc1 (Feb 05, 2007 7:05 pm) If you want to pay $1K over invoice, negotiate for the price first before all else. The $2K loyalty should not be included in the equation until the gross capitalization is finalized. When I negotiated, it was on an impulse. I didn't have the Edmund's list in front of me. As the matter of fact, we were shopping for Land Rover LR3. There is no security deposit required for Q7. There is no PDI fee, ad fee, or any padded fee. I had to pay the acquisition fee like every body else, unless I got the exact same one as advertised on Audi Website. The guy kept saying that I was at invoice already, but I pushed for more. When I mentioned about the holdback value, he was not happy. Any how, there was a $30 difference, and we walked away. We talked on the cell phones. I told him that perhaps it was beginning of the month, and he wasn't serious as I was. I told him that if I couldn't close the deal w/ him that night, I could wait until Valentine's and close the gap bigger than $30 else where. We agreed to split the difference in half, came back, and closed the deal. The guy said that I ate into his holdback. I seriously doubt it b/c I got home and checked Edmunds, there is $1K difference. I still don't have the car. It is to be delivered. Don't shop on impulse like I did. Next time, I'll do better. |
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Here are some more details of my purchase, I would love your opinions. 2007 Q7 3.6 Premium with the Convenience Package, Infotainment Package, Technology, Moonroof, 19" wheels in Quartz Gray. MSRP is $56,420. Selling price is $53,880. Lease is for 36 months, 15,000 miles per year, no cap cost reduction, $1785 due at lease signing (plus the MSDs.) $772.38/month including NJ taxes. I will be doing $3,000 worth of Multiple Security deposits which lowers the payment to $742/month. The Residual value they used was 52% (insisted that that's what it is in NJ for 15,000 miles) The money factor was 0.00032 and was lowered to 0.00006 (0.14%!!) by the MSD program. Saves me $30/month or 12% tax free annually. Finally, I added the Audi care to the lease which raised my residual to 53% and lowered the payment by $0.30/month! The payment change is insignificant, but why wouldn't everyone do this. I have the same payment and now I have free scheduled maintenance for the life of the lease.
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Replying to: mikeoc1 (Feb 06, 2007 8:02 am)
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Replying to: luvcarzrich (Feb 06, 2007 8:10 am) My understanding is that Audi "gives" you the first service at 5,000 miles. From there, Audi Care is prepaying the service at 15, 25, 35 and 45,000 miles. Since my lease is for 3 years, 45,000 miles, I am covered for the life of the lease. |
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Hello, I was looking for 3.6 Premium with Convenience Package, 3rd Row Seat, Panorama Sunroof, and Rear Side Airbags... with beige interior. But I could not get one close. If I order one from factory, do I still have room for negotiating price? Also, it will take 3 month for delivery. Is current lease deal with low MF will stay until then? Thanks. |
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Replying to: Car_man (May 03, 2006 2:04 am) I would like some clarification regarding Q7 Lease quote for a 3.6 Premium: 1) I have been quoted a price of invoice plus a $495 inspection/advertising fee that apparently is added to all Audi vehicles invoice prices at port - is this correct? 2) I am being quoted that both the $575 acquisition fee and the dealer $345 processing fee should be paid. This does not make sense, since I thought the processing fee was for purchase not lease and if you look at the Audi website the lease deal advertised there does not show any processing fees, just the acquisition fee. What exactly is required to be paid? 3) I am being told that the residual is 52% plus 1% with Audi Care for a 36 months/15,000 mile lease. Is this correct? 4) Is it correct that sales tax is added to the base lease monthly payment, not included in the fees when determining the monthly payment? I think the dealer is trying to grab extra money by including sales tax in the fees. Thank you for your assistance, I am trying to close this deal this weekend.
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