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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

What is this discussion about? Audi Q7, Car Leasing, Car Buying, SUV


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#482 of 719
Re: Message for Car_Man :-) [houstontxmob] by baxterdown
Sep 25, 2007 (9:36 am)
Reply

Replying to: houstontxmob (Sep 25, 2007 6:34 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
 
j.
#483 of 719
Re: Message for Car_Man :-) [baxterdown] by houstontxmob
Sep 25, 2007 (9:51 am)
Reply

Replying to: baxterdown (Sep 25, 2007 9:36 am)

J:
 
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
 
D
#484 of 719
Dealer Advertising / Dealer Prep Fee by midnightblue
Sep 26, 2007 (8:35 am)
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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 719
I need urgent help with money factor! by baxterdown
Sep 28, 2007 (2:58 pm)
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Replying to: midnightblue (Sep 26, 2007 8:35 am)

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
 
MSRP $58,825
Selling price is $56,625
 
MF 1.2%
Residual 53%
 
$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
 
Jose
#486 of 719
Bank Fee is bogus and you should get more off of msrp by 0audilicious0
Sep 28, 2007 (10:46 pm)
Reply

Replying to: baxterdown (Sep 28, 2007 2:58 pm)

#487 of 719
which option would you chose? by surfcr
Sep 29, 2007 (10:13 am)
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value of 2008 Audi Q7 4.2l $70,500 all in.
 
lease options: 36 months, 10,000 miles, at $1,045 a month, plus $2,300start up, $399delivery fee, 6.9%taxes and $590Audicare.
 
Would love to own this car seven years. Would you buy outright or select lease option? Is Audi a car that lasts?
thank you
#488 of 719
Re: which option would you chose? [surfcr] by houstontxmob
Sep 30, 2007 (7:50 am)
Reply

Replying to: surfcr (Sep 29, 2007 10:13 am)

For that price, I'd say you have a decent deal. But I would be VERY interested to know the Residual value of the Q7 after 3 years lease. I think it's best to have the warrantee of the vehicle during the duration of your ownership.
 
Leasing the car for 36 months will give u a good picture if you would want to own that car for 7 years or not. I'd say give it a try.
 
Worst case scenario, you can return the car is 3 years and walk out with no strings attached. Or you can pay off the residual value of the car to keep it. The latter one seems good if you are indeed serious about enquiring that vehicle. Either way, you will be driving the car first.
#489 of 719
Residual by midnightblue
Sep 30, 2007 (7:58 am)
Reply
From the September AFS sheet, the residual value of an 08 4.2 Premium with Audi Care on a 36mos lease 10K miles per year is 53%.
 
IIRC, it's 49% at 15K miles per year. Add 2% for 10K miles per year and add 1% for Audi Care.
#490 of 719
Current buy rate lease factor and residula value 08 Q7 by zuzmenow
Oct 08, 2007 (6:14 pm)
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Hello! I am interested in determining the current (October) buy rate lease money factor and residual value for a 36 month lease of a 2008 Q7 3.6 Premium with S-line package with 10,000 miles per year. I appreciate any help in advance.
#491 of 719
Re: Current buy rate lease factor and residula value 08 Q7 [zuzmenow] by ocautoseeker
Oct 19, 2007 (2:34 am)
Reply

Replying to: zuzmenow (Oct 08, 2007 6:14 pm)

Just leased a 2008 3.6 Premium (Ice Silver/Limestone Gray) with Convenience Pkg. Nav, 20's, and 4-Zone Climate Control.
 
This was a rare car given it did NOT have a sunroof, which we did NOT want anyway. Only other option that we would have preferred would have been the 6-seater configuartion, but there didn't seem to be very many in SoCal, at least in our desired color combo.
 
MSRP: $55,425.00
 
Invoice: $52,066.25
 
Cap cost: $52,566.25 ($500 over invoice)
 
MF: .0009 (2.16% APR)
 
Residual: 53% w/o Audi Care 54% w/ Audi Care
 
Terms: 36mo,10k/yr (minimun drive-offs - ~$2k)
 
Total: $770.65 (includes 7.75% tax rate)
 
Dealer was Audi of Mission Viejo. Great service and even got a better deal working with a retail salesman over Fleet!
 
Standard fleet deal was $1000 over at all dealerships I contacted., and probably could have got the same deal in that department, but decided to give the kid who demo'd the car for us a shot. Just had to tell him what I wanted and he worked to get it done. Awesome customer service!
 
I did all my negotiating via phone, e-mail and fax.

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