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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
712 messages, Last post on Jul 21, 2008 at 2:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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3.6 Premium, Nav, Sunroof, 4 zone climate control, Convenience, Cold Weather, and 20" Tires. So nice... Let me tell you about my experience: I started out at Walters Audi in Riverside, had not such a great experience. My sales person was great, but the sales manager was a jerk (stormed off in the middle of negotiations). And when I asked them about the $1,500 dealer rebate, they claimed that it wasn't available. Finally agreed on a price on the phone, and when I called to pick it up two days later, found out it was sold (to be fair, I guess I can't blame them for this part - I hadn't put down a deposit, so why should they have held the car?). Tried a couple other dealers in LA. They were very nice, but I still wasn't able to find the car that I wanted. Then I happened to sign on to Carspace today, and saw the post from the person at Penske. Called him and negotiated a great deal on the phone, and by the end of the day, I had my car. Cuz I know he's on here, I don't want to say how much I paid. I can say that the price was really good, and we didn't even really negotiate. Definitely check out Penske. I wouldn't have found this deal if I hadn't happened to check on Carspace.com today. Gotta love the internet. I can't remember what we did before. - R |
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I found this forum in a google search for Audi Q7 lease prices. I've been reading some of the discussions and I have a couple of questions myself. First, what do the terms cap cost, residual, and money factor mean? I'll give a little insight on my situation and hopefully somebody can help me. I currently lease a 2005 Audi A4. My lease is maturing and my turn-in date is anytime from now until 5/7/08. I've already had SGS Automotive complete the inspection process and I'm "good to go". I would like to turn the car in and lease an Audi Q7. I'm undecided if I want to do it now or wait until the fall. I was planning on driving a family vehicle until the fall, pay off some bills and get ahead. But Audi is offering to waive the fees that would normally uphold at signing and I figure it would be around $2500, if not more. The only contingency is that I lease an Audi vehicle within 30 days of my current lease mature date. So if I want to take the deal, I need to do it soon. I have a Q7 that I am looking at. The sticker price is $52,125. Its a 2008 Audi Q7 premium, 3.6L V6. I prefer the V6 over the V8 for gas prices, etc. It is also the color I prefer. I am planning on making an appointment to talk #'s with the dealer but I've been reading other peoples comments and just need some clarification on some things. I've read about the $1000 incentive but that it is not offered in the Northeast area. And the terms cap cost, residual, and money factor are confusing to me which I think is a really bad start!! It sounds like terms I should or need to know before leasing this vehicle. Can anyone help me? And maybe give a "ball-park" figure on what I might be looking at for a lease price...let's say 12,000 miles per year and a 24 or 36 mo. lease. I want to make sure it's in my allowed price range before I even think about going to the next step. Thanks 
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Replying to: jmunroe (Apr 07, 2008 1:59 pm) Secondly for the Central Region (not sure if available in your area, so go AUDI.com to check specials) we can get a MSRP $52,295 - Q7 3.6 Premium with convenience package, panorama sunroof and destination charge for $589 / month. That is for 10K miles / year and amount due at leas (security waived and first month included) $3,534 Pretty sweet deal in my mind
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Replying to: mdiab (Apr 07, 2008 2:24 pm) I think I misunderstood what is waived during sign-on. I thought when I read it, it meant that I would only owe the first inital down payment and everything else would be waived! But I may be wrong...I really want to try and stay away from the $3000+ due at signing...But I guess we'll see. Thank you for all of your help 
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Lease Deal in NY After months on going back and forth with the dealers - I was between an Audi Q7 3.6 Premium and an Acura MDX w-tech. I just signed the lease on the following: Audi 3.6 Premium Q7 (20 in Wheels, Panaromic Sunroof, Convenience Package, Navigation, Cold Weather Package, Ipod adapter and Audi Care ) for a total of $2,200 out of pocket (basically $1500 + first months payment) and $705 per month. I think this is a great deal...any comments
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Replying to: rpowers1 (Apr 12, 2008 12:31 pm) is sales tax part of the $2200 or in the payment ? which dealership ? |
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I just want to share & listen your comments on the deal that I just signed. (April 12th 2008) You Experts!!!.... Please reply with some comments. Q7 3.6 Prem. MSRP $57,075 Options Included, 1. PPX - Conv Pkg 2. 3FU - Panorama roof 3. PND - Navigation 4. PRM - 20'' Wheels 5. Quartz Gray Metalic - (additional $750) 36 month, 10K per year. Residual 52% + 1% (Audi Care  $650) = 53% Money Factor - 0.0006 Dealer Contribution : $1,500 (applied to reducing cap cost) Drive Off : $3,200 (including dealer contribution & first month payment, DMV, and ect) Final Monthly Payment : $660 per month (Including 7% NJ Tax) How do you think? Was it good or bad deal? I really can't figure it was good or bad deal. I am not sure it was below invoice deal or not. I don't think I did too bad but just want to listen your thoughts. Your help would be highly appreciated. God Bless and Thank you all. JH
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I just want to share & listen your comments on the deal that I just signed. (April 12th 2008) You Experts!!!.... Please reply with some comments. Q7 3.6 Prem. MSRP $57,075 Options Included, 1. PPX - Conv Pkg 2. 3FU - Panorama roof 3. PND - Navigation 4. PRM - 20'' Wheels 5. Quartz Gray Metalic - (additional $750) 36 month, 10K per year. Residual 52% + 1% (Audi Care $650) = 53% Money Factor - 0.0006 Dealer Contribution : $1,500 (applied to reducing cap cost) Drive Off : $3,200 (including dealer contribution & first month payment, DMV, and ect) Final Monthly Payment : $660 per month (Including 7% NJ Tax) How do you think? Was it good or bad deal? I really can't figure it was good or bad deal. I am not sure it was below invoice deal or not. I don't think I did too bad but just want to listen your thoughts. Your help would be highly appreciated. God Bless and Thank you all. JH
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Replying to: rpowers1 (Apr 12, 2008 12:31 pm) |
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Replying to: psyopmnd (Apr 12, 2008 5:51 pm) I assume from your Drive Off : $3,200 you paid only $1700 after dealers contribution of $1500 I have just pulled the trigger in NJ dealership Q7 3.6 Prem. MSRP $56,825 Options Included, 1.Conv Pkg 2.Panorama roof 3. Navigation 4. 20'' Wheels 5. Cold Weather (36 month 10K) Inseption Fees $1729 including first payment and Bank Fee Monthly payment $633 includes audi care and NY tax (%8.375)
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