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Audi Q7 Lease Questions

719 messages,  Last post on Aug 10, 2008 at 3:23 PM

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


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#523 of 719
Q7 Premium Deal by afm35
Dec 21, 2007 (6:23 pm)
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From Miami, FL, wanted to clue everyone in on the deal I cut yesterday... 08 Q7 Premium with 20" wheels and conv. package. 53% residual with Audi care, MF .00076, MSRP $53425, got it 49040, invoice according to dealer paperwork includes destination charge of 775. This is for 36 mo. 10K /year.
#524 of 719
Re: Q7 Premium Deal [afm35] by copper
Dec 22, 2007 (9:24 am)
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Replying to: afm35 (Dec 21, 2007 6:23 pm)

afm35 - what's the monthly figure?
#525 of 719
Re: Q7 Premium Deal [copper] by afm35
Dec 22, 2007 (12:52 pm)
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Replying to: copper (Dec 22, 2007 9:24 am)

$667.72 + tax
#526 of 719
Re: Q7 Premium Deal [afm35] by copper
Dec 22, 2007 (9:38 pm)
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Replying to: afm35 (Dec 22, 2007 12:52 pm)

afm35 -
 
What exactly did you have to pay upfront and what is your total monthly payment including tax?
#527 of 719
Re: Q7 Premium Deal [copper] by afm35
Dec 23, 2007 (8:07 am)
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Replying to: copper (Dec 22, 2007 9:38 pm)

Copper here you go:
$714.46 (7% tax), upfront fees were $1600 (includes first month, tax, title, fees, etc.. no security deposit I am already a Audi Finance customer) The total cap cost is $50205 (includes agreed price, Audi service and dealer fees).
Hope that helps.
#528 of 719
Help on leasing by fenicep3
Dec 25, 2007 (4:02 am)
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I am considering leasing for the first time...How do I go about negotiating and what are the main factors to consider. What are the most important terms that I must familiarize myself with and how do I begin this process. Thank you very much..I am a lil lost with leasing...And I would appreciate all help, thank you
#529 of 719
'08 Q7 3.6 Pemium lease deal by anj2
Dec 27, 2007 (6:26 pm)
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hello, just wanted to let everyone know about the lease deal i got on '08 q7 3.6 premium with sunroof, convenience, 4zone climate, running boards and premium color. msrp 55,755, selling price 51,490, leased for 36 months, 12k miles, $1,400 inception fees, $751/mo. i also got cross bars and all weather floor mats in the deal.
#530 of 719
Is lease deal good or bad? by vahn
Dec 28, 2007 (3:50 am)
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I just leased a Q7. The MSRP was $48,025. I paid $4,000 drive off. (including all fees, taxes and first month payment.) 12K/36. Monthly came out to $600 including taxes. 50% residual. I dont really know the money factor. Does this sound like a good deal or a bad deal?
#531 of 719
Why is the residual on a Q7 so horrible? by copper
Dec 28, 2007 (9:19 am)
Reply
50% - 52% ?? BMW is 62%.
#532 of 719
Re: Why is the residual on a Q7 so horrible? [copper] by ocautoseeker
Dec 29, 2007 (3:12 am)
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Replying to: copper (Dec 28, 2007 9:19 am)

It's actually not that horrible, it's just very realistic. Plus, Audi is smart by using low money factors as oppossed to inflated residuals. It's more beneficial to the bank and/or the lessee at lease-end. If lessee likes the car and wants to purchase, the residual is likely very close to market value. If lesse returns, bank has the opportunity to recoup some of it's money or at least break even at auction or negotiate a buyout with the dealer.
 
BMW's are great vehicles, no doubt, and they pretty much have the market cornered on leasing. The vehicles do retain their values well, but they're still high and banks take baths on lease returns all the time.
 
It's a mysterious world how all the money moves around, but after the leasing debaucle of the 90's that almost bankrupted some companies, they're starting to figure things out and are not nearly as aggressive as they used to be.
 
Like Ken Bragg says, "two out of three ain't bad in the leasing world."
 
1. Low Cap Cost
2. Low money factor
3. High Residual
 

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