Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
719 messages, Last post on Aug 10, 2008 at 3:23 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
|
|---|---|
|
Replying to: houstontxmob (Aug 31, 2007 10:25 am)  It looks like my truck might arrive early (before October). I want to be prepared, so I would appreciate it if you help me. Here are the specs on my car, 2008 Audi Q7 3.6 Premium, Calla White, Cardamon Interior, Technology Package, Convenience Package, Panorama Sunroof, 20” Alloy Wheels. MSRP $58,825. Invoice $54,229. I am planning to lease for 36 months (or 33 or 39 if more advantageous) with typical 15,000 miles per year (or 12,000 if more advantageous) Can you please provide me with: MF Residual Cost of Audi Care (and if it is worth it in your opinion) What I should expect to pay (base cap cost) for this car in Florida around this time of the year. I’m pretty good negotiating; I just want an educated opinion! Ability to not pay an acquisition fee and/or security deposit (keeping in mind I am not a previous Audi customer) Thanks in advance, Jose
|
|
| I'm thinking about leasing a 2007 Q7 and I'm wondering how important it is to do it by Sept 4 when the "special" lease goes away? Any idea what will go away on Sept 5, will the deal I can negotiate really be worse? Will the MF get worse? Residuals? Thanks for the input. | |
|
If I can get out to try to negotiate a 36 month lease tomorrow (Sept 4), can someone tell me if the following is a fair deal, or is it unrealistic? They have a 2007 Q7 (3.6 Premium) with the following options: Sunroof, Infotainment Nav, 4 zone climate, 3rd row seating, 19" wheels, rear side airbags, convenience package. It says the MSRP is about $56000, invoice would be around 51700. I read on here that there is an offer available for $4000 below invoice, bringing the cap cost to $47700. I read on here the residual with Audi Care is 0.52, which would be $29154. I read on here that if you take the $4000 below invoice, you can't get the low MF, so would a MF of 0.00165 (~3.96%) be a reasonable expectation? Using an online lease calculator, I calculate the following: Capitalized Cost: 47719 (56010 MSRP minus discount) Residual Value: $ 29154.00 (after 36 months) Depreciation Fee:$ 515.69 - part of lease payment Lease Fee: $ 124.92 - part of lease payment Monthly Payment :$ 640.61 without tax Usage Tax: $ 19.22 over full loan (3.00 % of 18565.00) Total Monthly Payment: $ 659.83 including tax So is a $640/mo payment (without tax) a reasonable expectation for this vehicle? Were any of my assumptions wrong? Is it unlikely that I can reach this deal in Charlotte, NC where there are no other local dealers for competition? If I take the 0.00014 MF and negotiate $500 over invoice, the payment would seem to be about $10/mo higher so I guess I could go that way too. I qualify for tier 1, but is $500 over invoice reasonable for the 2007s? With either case, what would I be looking at for initial payment? First month payment + $590 audi care + $575 acq + one month payment security deposit? Would this be 12k miles/year for these figures? 10k miles/year? Thanks, there is a lot of information on here, but I can't tell what is still valid and what has expired. Is there anything on here that will be valid Sept 4, but not Sept 5? |
|
|
|
|
Replying to: woolooloo (Sep 03, 2007 7:16 pm) http://www.costcoauto.com/research/incentives/default.aspx I have read a lot about 1k below invoice PLUS the 4K deal, which in effect is 5K below invoice. There should only be a few '07s left over and the '08s are coming in. The dealer (competition or not) should be encouraged to move those cars. If you need a good lease calculator, go to leasecalc.com, they have an awesome calculator!! Good luck! |
|
|
|
|
Replying to: woolooloo (Sep 03, 2007 7:16 pm) And yes, if your area has move than 1 Audi Dealerships, it helps a lot to shop around and get a better deal. And yes, based on your calculation, it's safe to say that the monthly payment is as such. Give and take $20 per month. Since you have an idea on the number now, so go ahead and go negotiate based on that number in mind. Good luck!
|
|
|
Replying to: houstontxmob (Sep 04, 2007 6:36 am)
|
|
|
|
|
Replying to: woolooloo (Sep 04, 2007 1:07 pm)
|
|
|
Replying to: houstontxmob (Sep 04, 2007 3:40 pm) Here are the details of what I got. MSRP $56010 Cap cost $49525 (around $2200 below invoice) Other financed charges ($575 acq, $590 Audi Care) Gross cap cost $50690 Residual value $28005 (50%) Money factor 0.00014 (0.336% interest rate equivalent) Monthly payment (without sale tax) $641.16 Initial payment = first month + $675 security deposit + $69 title/license + $513.97 processing fee/tax Anyways, I think it is a good deal, not sure if it is a great deal. But I hope this information is helpful to others trying to negotiate a deal. I know the info I got off the board about other deals was invaluable. So based on my initial assumptions, I got more off invoice, but didn't get the 52% residual. I got the payment I wanted which is what I cared about, and having the lower residual will make purchasing the vehicle at the end more appealing (though I have never done so on a previous lease). I wonder if I could have gotten this cap cost and the 52% residual with better negotiating though. It is probably a goal for the next person! I bought the car sight unseen and ended up a little disappointed. I've had voice activated bluetooth on my BMW for a couple years, so I thought it was going to be included in the bluetooth package for the Audi - wrong. Dialing via the MMI interface is going to be a pain versus just saying "Dial Home" or whatever. Likewise I didn't realize it didn't have a backup camera until I had already bought it (didn't back up during the test drive). It was on some of the cheaper vehicles I was looking at so I thought it was going to be included. I guess it is my fault for not looking closely enough at the different option packages. The other thing is the Sycamore Green is very much like my BMW and I wanted something different. Their website just said "green" and it's not what I expected. I really wanted IPod integration, but the '07s they had with that and the technology package were at least another $5000. They told me that will be available as a dealer installed option soon, although I'm not sure if they were just telling me what I wanted to hear. Good luck everyone! |
|
|
|
|
Replying to: woolooloo (Sep 06, 2007 6:32 am) But please explain it to me, what does your Q7 equipped with? Mine is the 2007 Q7 3.6 Premium, Silver exterior and interior, Infotainment, Technology, Convenience Package, 4-Zone Climate Control, Ipod Interface ($300 more), 19" Alloy w/all season tires, 3rd row seats and it's pretty loaded except I don't have the sunroof which I didn't want it. I'm assuming yr car doesn't have the Technology package ($2400 extra). But u had the sunroof ($2800 more). And my Q7's MSRP was $55,805. You might want to ask them is it possible to retrofit the Ipod interface, it seems to me that it's very reasonable. Anyway, I think you did VERY well on negotiating the final car price. Check it out, good luck and congratulation again!
|
|
|
Replying to: houstontxmob (Aug 31, 2007 9:59 am) you were right the price i just got on a 2008 Q7 3.6 prem - which now has ipod/sirius/bluetooth pan roof audi care msp 50,975 sell price 48,753 res 52% money factor .00075 726 month 36 months 12k miles inc tax 1761 due at signing for first mo/575 bank fee/110 doc fee etc sound good?
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2009 Audi Q7
Browse by Board
Browse by Topic
Today's Chats
