Last post on Dec 05, 2013 at 3:34 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Audi Q7, Car Leasing, Car Buying, SUV
#476 of 1080 Re: Current 2008 lease rates [jph7]
Sep 18, 2007 (2:19 am)
Hi jph. You're right about the lease party (ohhh boy I'd love to go to that, I'm sure that it's a rockin' time ) for 2007 models is over. Audi is no longer providing lease support on leftover '07s, but it is providing $4,000 dealer cash on the '07 Q7. If you want to lease an '07 model now you will either have to use Audi's standard lease program or go through an independent bank. Audi's lease program for the 2008 Q7 is more attractive than the '07 model's program in September.
Prices Paid: Buying & Leasing Experiences Forum
#477 of 1080 Re: Car_Man Where Art Thou??? :-) [baxterdown]
Sep 18, 2007 (2:21 am)
Hey Jose. I just responded to your earlier post. Good luck and let me know if have any other questions.
Prices Paid: Buying & Leasing Experiences Forum
#478 of 1080 Re: Current 2008 lease rates [Car_man]
Sep 18, 2007 (3:46 am)
You told Midnightblue that "Audi Financial Services, current buy rate lease money factor and residual value for a 36 month lease of a 2008 Q7 4.2 Premium with 10,000 miles per year are .00140 and 52%, respectively assuming that you pay a security deposit and acquisition fee." Could you please tell me how much that changes for 15,000 miles?
#479 of 1080 Re: 2008 Audi Q7 Premium Lease - What to expect? [Car_man]
Sep 18, 2007 (5:00 am)
Thanks. Am I correct that the AFS acquisition fee is $575? Why does the 4.2 Premium command a higher MF than the 3.6? Also, does the MF change from 10K to 12K miles? At 10K, the 52% residual seems low. What is the residual at 12K miles?
Lastly, what is the fee for AudiCare?
Appreciate your guidance. I'm heading to the dealer next week.
#480 of 1080 Re: Message for Car_Man :-)
Sep 20, 2007 (3:59 pm)
I hope you're still around to offer some insight...
This month's lease rate numbers for the Q7 3.6P do not make sense... According to your numbers, the MF jumped 500% (from 0.00014 to 0.00075). That alone represents an average $80 to $100 jump on a monthly payment.
I went back and looked at MF and residuals you so kindly posted from June 2006 through August 2007 and calculated a payment using leaseguide.com's calculator for each month. The payment remained consistent within a few dollars every single month with the exception of Nov/Dec 06 when Audi Financial Services had a program and the payment dropped by about $50. Other than that, as residulas were adjusted through out the model year, so were money factors, thus keeping the monthly payment consistent.
Naturally, I'm alarmed to see that the MF all of a sudden jumped so much this month!
If you could offer some insight as to why you think MF jumped so high this month I would appreciate it. Of course, it would also be great to hear your prediction
I'm heading to the dealer this weekend and I'm afraid its not going to be pleasent...
Thanks in advance!
#481 of 1080 Re: Message for Car_Man :-) [baxterdown]
Sep 25, 2007 (5:34 am)
So how's the trip to the dealership? Did you get the car? Keep us posted!
#482 of 1080 Re: Message for Car_Man :-) [houstontxmob]
Sep 25, 2007 (8:36 am)
Hey, still waiting! Dealer said the car was arriving to port and the end of last week so I'm sure they'll be calling me soon...
I'm really worried about September's MF and Residuals. The numbers really went to h*ll this month, which effectively have bumped the payment by about $70 x month. That times 36 months is 25 hundred bucks!!!
With a little bit of luck, my car will get delayed and not arrive until October when the rates will be better
I'll keep you posted
#483 of 1080 Re: Message for Car_Man :-) [baxterdown]
Sep 25, 2007 (8:51 am)
Hope everything works out well for you. Don't worry, you have 5 more days before Oct. Most likely u will do alright if they really wanted to sell the car to you. Good luck.
Can't wait to have u discussing about yr new ride in Audiworld forum
#484 of 1080 Dealer Advertising / Dealer Prep Fee
Sep 26, 2007 (7:35 am)
I'm located in PA and my dealer is claiming that Audi adds a dealer advertising fee to the invoice. This fee is additive to the dealer invoice price for the car and options. In addition, the dealer claims that there is a dealer prep fee which is also additive. Together, these fees amount to $756 which are added to the invoice price in order to calculate true dealer cost. It is from this adjusted cost that dealer markup is applied.
I just want to verify that these cost adjustments are legit. They did show me an invoice from Audi (although from a vehicle transferred from NY) that did in fact include about $400 for dealer advertising fees.
Can anyone confirm or repudiate that these fees are indeed legit?
#485 of 1080 I need urgent help with money factor!
Sep 28, 2007 (1:58 pm)
Dealer gave me "1.2" as money factor. That doesn't make sense. AFS's MF for september is .00075 which translates to 1.8% interest rate.
1.2% interest rate equals to 0.0005 MF which I know is not AFS's september lease rate.
Any thoughts? I'm heading to the dealership tomorrow Saturday to do the deal!
Here are the initial numbers they gave me:
36months at 12k yearly
$2,129 due at signing
$829 plus tax
Selling price is $56,625
$2,129 breakdown- $399 bank fee- $575 acquisition fee- $145 license fee- first month payment- taxes- and florida surcharge for the lease of about $70.00
The 829 is without tax. With tax the payments are $879.16.
Besides the MSRP, Aquisition Fee, and Residual, the rest of the numbers are a bunch of BS! I ran them through leasecalc and they come out to $795 X month with tax!
Here are a few questions,
- as I understand it, "bank fee" and "aquisition fee" are the same. Am I mistaken?
- Isn't the aquisition fee included in the calculation of the lease rather than paid at inception?
- What the h*ll is a "Florida Surcharge"?!
Thanks in advance for your help