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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
816 messages, Last post on Nov 24, 2009 at 8:49 AM
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I thought that we (US Customers) couldn't order the S-line and the Adaptive Air Suspension. However, it will let me do it on the www.audiusa.com site and I have a 2007 Order Guide (from the dealer) and it does not say that one option excludes the other. Financing was delayed, as I'm doing it through an S-Corp (which they really didn't want to do), but since they've not received an order confirmation yet, my salesman says we can still change the order. So, I'd like to add the Suspension and the Rear Side Airbags (basically everything except the Adaptive Cruise Control). Here's the new deal: Term/Miles: 36/12K MF: 0.00115 Residual: 57% ($38058) MSRP/Price Paid: $66770/$65670 Total Up-fronts: $1973 (including 1st month's payment Downpayment: $0 Monthly Lease Payment: $887 + tax (~$62/mo) |
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Officially ordered yesterday. Term/Miles: 36/12K MF: 0.00115 Residual: 57% ($38058) MSRP/Price Paid: $66770/$65770 Total Up-fronts: $2000 (including 1st month's payment, tag, dealer fee, etc...) Downpayment: $0 Monthly Lease Payment: $888.31 + tax (~$62/mo) Gave the $2000 up-fronts as a deposit. Put it on my Amex to get Delta Skymiles (as well as added protection). The order and pricing is in writing, and they provided me with the Audi commission number, which is the order number. PLEASE don't tell me that Audi started offering better rates or higher residuals today!! I'm happy with the deal.
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Replying to: audiguy2 (Jul 06, 2006 8:48 am)
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Replying to: audiguy2 (Jul 06, 2006 8:48 am) Personally, I would like to see a higher residual than 57%. These luxury 7-seat SUV's have held their value very well, particularly the Volvo XC90 and Lexus GX. Many affluent families are looking for an alternative to the minivan, and they have the money to spend, but there are just not many options out there. That's why Audi put the third row in the Q7, why BMW is adding one to the X5, and why Mercedes introduced the GL. Audi has a real opportunity here. Along with the GL, the Q7 is the new kid in town, and it seems to have the goods to compete. With the new Acura and BMW coming out in a few months, Audi should do what it can to get the Q7 on the streets in noticable numbers. They should run a high residual, short term, low mileage lease program. Lexus did this when they first introduced the 1990 LS sedan. They offered a 2 year lease with an 81% residual. People traded in their S-class, 7-series, and other high-end cars to try the Lexus. It was a huge success. Word of mouth spread among the wealthy that this new Lexus was outstanding. The rest is history. Audi has that same opportunity now. If they offer a 2 year low mileage lease with, let's say, 75% residual, they will move a lot of Q7's. These wealthy folks will spread the word of how great the Q7 is, and when other buyers are looking for this type of vehicle in the coming months, Audi will be ahead of the Acura and BMW rollouts. In two years, Audi will have a supply of low mileage 2-year-old Q7's, which will certainly be attractive on the pre-owned market.
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Replying to: realbill (Jul 07, 2006 5:39 am) Where did you read that about the 21" wheels? I REALLY want them, but they just became available in the UK - no word on US. I wish I could wait for the iPod/MP3 too, but that's not as important to me. The dealer is guessing mid September delivery.
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Replying to: rbirns1 (Jul 07, 2006 7:55 am) If you can lease a premium 4.2 model Q7 (low 60's MSRP) with practically every option and be in the low 800's payment wise with not much mony down, I don't think that's a bad deal. |
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Stopped by Audi of Huntington in NY to check on availability and potential pricing. Salesman showed me the incoming board and found an incoming 3.6 Premium with comfort package (standard), convenience, technology, and infotainment packages, 3rd row seat, and 4 zone heating. Basically, a fully loaded 6-cylinder model (no sunroof, though). He checked their new pricing charts (he says they arrived today), and worked up the following numbers for me: MSRP $54,660 Cap cost $53,346 (note that is below sticker) 36 month lease, 10K miles (my request) 61% residual .00155 money factor Bank fee and 8.625% sales tax rolled into payment Monthly payment $777.34 Due at signing only first payment and DMV fees. There is a $749 security deposit, but he believes Audi will waive it for me as an existing customer (I have a current VW loan for my wife's Passat). He said no guarantee, but worst case I'll have to come up with the deposit. No big deal. This seems to me like a great deal. A 61% residual is very generous, and that MF works out to only 3.7%. And the deal is for $1300 less than sticker. All for the 3.6 Premium, which I expect will be in even higher demand than the other models. I put down a $500 deposit, got it all in writing, and I have about 2 months to think it over (estimated arrival September). I have been assured that not only is that money fully refundable, but if the lease terms improve, I will get the better deal. If they get worse, I am guaranteed to get the terms above. In short, I have nothing to lose, and I have locked up first dibs on that car. By the way, it is Condor Gray with Limestone Gray interior. Any comments or questions?
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Replying to: audiguy2 (Jul 07, 2006 10:29 am)
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Replying to: rbirns1 (Jul 09, 2006 4:27 pm) |
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Replying to: quattroporte12 (Jul 12, 2006 8:11 pm) http://www.audiworld.com/features/tests/d3s8.shtml http://forums.audiworld.com/lrqc/msgs/51454.phtml http://pictureposter.audiworld.com/19478/dsc01112.jpg http://www.pbase.com/shauncox/rs6 |
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