- #227 of 823
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Re: 3.6 Lease [rocco50]
by mikeoc1
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Feb 21, 2007 (9:54 am)
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Replying to: rocco50 (Feb 21, 2007 9:48 am)
You aren't paying tax on the sale of the car, you're paying tax on the purchase of the car. So if you receive a check, you do not have to pay taxes on the sale.
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- #228 of 823
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Re: 3.6 Lease [mikeoc1]
by rocco50
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Feb 21, 2007 (2:41 pm)
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Replying to: mikeoc1 (Feb 21, 2007 9:54 am)
Thanks, I am new to this.
Are there any reasons not to get a 39 month lease instead of 36 months? The warranty still covers it.
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- #229 of 823
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Re: multiple security deposits? [mikeoc1]
by hoosbest
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Feb 21, 2007 (3:40 pm)
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Replying to: mikeoc1 (Feb 20, 2007 11:05 am)
Mike - No disagreement with your argument. I opted not to tie up the money with Audi for the marginal benefit - which I calculated around $300 for three years versus the ability to invest it somewhere else (i.e int'l ETF fund) and have the ability to get that money if needed (which I won't). While I could have easily put down the 4 MSDs (ironically it was never offered to me), just a personal decision. Some of the int'l ETFs have been earning well in excess of 10%.
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- #230 of 823
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Re: 3.6 Lease [rocco50]
by mikeoc1
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Feb 21, 2007 (4:12 pm)
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Replying to: rocco50 (Feb 21, 2007 2:41 pm)
If you are paying the same depreciation over 39 months vs 36 months, and the interest rate is low, I see no reason why it would be a bad thing. Chances are the payment will be lower as well. The key is the difference in residual value and the Money factor.
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- #231 of 823
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Re: Impulsed Lease [lej1447]
by Car_man HOST
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Feb 22, 2007 (3:26 am)
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Replying to: lej1447 (Feb 04, 2007 12:34 am)
Hi lej1447. The price that you were quoted for the Q7 is definitely not below dealer invoice. Perhaps it is after all sorts of advertising and other fees are added in. Having said that, the price that you were quoted is still pretty good, especially if the dealer that you're working with had to swap for the model that you want. The lease program that you were quoted is right in line with Audi Financial Services' current program for this model.
Car_man
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Prices Paid Forum
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- #232 of 823
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Re: Audi Q7 MF and RV rates [shoprey85]
by Car_man HOST
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Feb 22, 2007 (3:37 am)
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Replying to: shoprey85 (Feb 04, 2007 1:26 pm)
Here's the information that you're looking for, shoprey85. Audi Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 Q7 3.6 Premium with 15,000 miles per year are .00038 and 52%, respectively. The residual value for a lease with only 12,000 miles per year would be 2% higher. $500 over dealer invoice would be a very good price for this truck. That's a good target to shoot for, but don't be disappointed if you have to pay a little more than that. Make sure to stop by the following discussion to see how much other community members have paid for similar trucks lately: "Audi Q7: Prices Paid & Buying Experience".
Car_man
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Prices Paid Forum
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- #233 of 823
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Re: New Q7 V8 Lease Rates [ny_driver]
by Car_man HOST
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Feb 22, 2007 (3:40 am)
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Replying to: ny_driver (Feb 04, 2007 1:56 pm)
You're absolutely right, ny_driver. Audi has been making up for its below average residual values on the A6 and Q7 with extremely low money factors. Good lick in your negotiations.
Car_man
Host
Prices Paid Forum
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- #235 of 823
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Re: MF rates on the base model [rocco50]
by Car_man HOST
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Feb 22, 2007 (3:44 am)
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Replying to: rocco50 (Feb 19, 2007 10:33 pm)
Hello rocco50. Audi's special lease money factors on the Q7 are the same for Premium and non-Premium models.
Car_man
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Prices Paid Forum
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- #236 of 823
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Re: Impulsed Lease [Car_man]
by lej1447
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Feb 22, 2007 (6:12 am)
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Replying to: Car_man (Feb 22, 2007 3:26 am)
Hi Car_man. Thank you for the reply.
Oh darn it, I was hoping to be somewhere in the neighborhood of $500 above invoice. Any how, leasing contract does not list every padded or hidden cost, possibly such as ad fee and any other added in.
You mentioned about good quoted price given dealer swapping models. Would you please give me a little explanation why such was the case?
BTW, is it worth it to buy the Audi Care at this point, considering the cost of regular maintenance at intervals of 15K, 25K, 35K, and 45K (if I purchase the car after 36K mi lease)?
I'm still learning. Thank you so much.
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