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Audi Q7 Lease Questions

703 messages,  Last post on Jul 01, 2008 at 10:28 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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#545 of 703
Re: 2008 Audi Q7 Lease Rates - 1/2008 [pbels] by acscorp
Jan 05, 2008 (8:20 pm)
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Replying to: pbels (Jan 05, 2008 8:14 pm)

The rates on all models are the same for the 24 and 36 month terms.
 
-Tarry
#546 of 703
Re: 2008 Audi Q7 Lease Rates - 1/2008 [acscorp] by pbels
Jan 05, 2008 (8:54 pm)
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Replying to: acscorp (Jan 05, 2008 8:20 pm)

It didn't read that way in the grid
 
Thank you for the clarification
 
Peter
#547 of 703
Re: 2008 Audi Q7 Lease Rates - 1/2008 [acscorp] by ocautoseeker
Jan 06, 2008 (5:57 pm)
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Replying to: acscorp (Jan 05, 2008 11:16 am)

Also, if you purchase Audi Care for approx $600, it bumps the residual an additional 1%. It's worth it, as it literally adds pennies to your payments.
#548 of 703
Audi Q7 Deal by sayuriq7
Jan 07, 2008 (2:48 pm)
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wondering if i am getting a good deal 42 month term lease... MSRP is 56,875 - cap cost 54,753 - residual 47% - money factor 0.00078. they are requesting 2,500 down, monthly payment including tax = 781.89
 
This is an 08 Q7 3.6 Premium quattro with conv. package, navigation, 20" wheels, panoramic sunroof and towing package.
#549 of 703
Re: Help on leasing [fenicep3] by Car_man HOST
Jan 09, 2008 (4:25 am)
Reply

Replying to: fenicep3 (Dec 25, 2007 4:02 am)

Greetings fenicep3. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the best way to negotiate a good deal on a leased vehicle is to shop around for the lowest possible selling price on the vehicle that you want. Once you have arrived at a selling price that you are comfortable with, have the dealer that gives it to you calculate your monthly payment using its buy rate lease money factor. Audi Financial Services' current buy rate for a 36 month lease of a base 2008 Audi Q7 is .00033.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#550 of 703
Re: '08 Q7 3.6 Pemium lease deal [anj2] by Car_man HOST
Jan 09, 2008 (4:30 am)
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Replying to: anj2 (Dec 27, 2007 6:26 pm)

Congratulations on getting your new Q7, anj2. Thanks for taking the time to share the details of your deal with everyone. Make sure to stop by the new Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new Q7 .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#551 of 703
Re: Is lease deal good or bad? [vahn] by Car_man HOST
Jan 09, 2008 (4:32 am)
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Replying to: vahn (Dec 28, 2007 3:50 am)

Hey vahn. Do you know what your Q7's selling price was? Looking at it is a great way to evaluate your deal. Let me know and I'll tell you what I think.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#552 of 703
Re: M.F. and Residuals for 08 Q7 [chrism124] by Car_man HOST
Jan 09, 2008 (4:37 am)
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Replying to: chrism124 (Dec 31, 2007 10:23 am)

Hi chrism124. 36 months seems to be the "sweet spot" for Q7 leases this month. Audi Financial Services' new January buy rate lease money factor and residual value for a 24 month lease of a 2008 Q7 3.6 Premium with 12,000 miles per year are .00033 and 58%, respectively. The numbers for an otherwise identical 36 month lease are .00033 and 50%.
 
AFS' current 24 month, 12k numbers for the '08 Q7 4.2 Premium are .00085 and 57%. The numbers for an otherwise identical 36 month lease are .00085 and 49%, respectively.
 
If you were to lease either of these trucks with only 10,000 miles per year, its residual value would be 1% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#553 of 703
Re: Audi Q7 Deal [sayuriq7] by Car_man HOST
Jan 09, 2008 (4:47 am)
Reply

Replying to: sayuriq7 (Jan 07, 2008 2:48 pm)

Greetings sayuriq7. The dealer invoice price of the 2008 Q7 that you described is $52,948. That puts the selling price that you were quoted at around $1,800 over dealer invoice. That's not terrible, but if you are in an area that has a decent level of competition, I would not be surprised if you were able to negotiate a lower selling price than this by comparison shopping with a few dealers. Make sure to stop by the "Audi Q7 Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar trucks lately.
 
The money factor that you were quoted is slightly higher than the buy rate that I have seen for this model According to the latest information that I have seen, Audi Financial Services' buy rate lease money factor for this model is .00058. Make sure that the dealer that you decide to lease from uses this factor to calculate your monthly payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#554 of 703
Re: 2008 Audi Q7 Lease Rates - 1/2008 [acscorp] by ckm1515
Jan 20, 2008 (8:16 am)
Reply

Replying to: acscorp (Jan 05, 2008 7:04 pm)

What is the max mark up that Audi is allowed? Coming from "BMW land", dealers are allowed to mark up the LRF by as much as .0004, which I'm sure you already know.

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