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Prices Paid: Buying & Leasing Experiences 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
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Replying to: Car_man (Apr 17, 2008 2:49 am) I am here in Dallas I've owned and lease 20 mercedes, 4 BMW and 2 Porsche I test drove the Q7 the other day and like it better than Mercedes R350 FYI - Boardwalk Audi in Plano have $5000 discount on most if not all of their 08 Q7. I am still working on a deal with them I am looking at a car with sticker of $53000 minus $5000 discount Tax her ein TX is 6.25% and you have to pay for the entire cost - not just the lease portion. The net cost of this car is $47000 Trade in $23000 Taxable $47000 - $23000 = $24000 or $1500 ($41.66 per month for 36 months) my calucation is $613 plus tax (.0006 money factor) They quoted $750
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Replying to: Car_man (Apr 17, 2008 2:45 am) My Q7 MSRP $53000 Buying price $47000 Money factor .0006 lease 36 month Trade in $23000 (for tax purpose only - I trade in my car but will not put down payment) my calculation residual vaule 50% $26500 depreciation $20500 : 36 = $569 moany factor .0006 x $73500 = $44.10 (buying price + residual) x .0006 payment $569 +$44.10 = $613 taxable value $47000 - $23000 (trade in) = $24000 $24000 x 6.25% = 1500 monthly tax $1500 : 36 = $41.66 total cost of lease $613 plus tax $41.66 = $654.66 Please tell me if this is correct Best regards
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Hi Car Man - Can you tell me if you think I am getting a good deal on a Q7 3.6 Premium, NAV Premium Package Comfort Package IPOD Black/Grey no Sunroof MSRP $50,925 Selling Price of $47,500 Less $1000 Conquest money to switch from BMW My Cash Contribution of $3000 Sale Subtotal: $43500 Total Financed $46133 Residual of 53% APR of 0.68% = MF approx of 0.00028 36 month deal Taxes and Title, $1531, (VA 3% +$59) Monthly: $553 Good Deal or Not? |
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Replying to: tleco (Apr 16, 2008 9:44 am) MSRP -- $51450 (premium, sunroof, cold, Quartz metallic, Black Leather) $3000 off MSRP (36mos, 12k, Audicare 51+1=52%, .00006, ) $3000 Down (keep payments lower) i have a Monthly pmt of $643 and includes NY 8.XX% tax |
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Replying to: capsfan (Apr 17, 2008 12:30 pm) that MSRP seems really low with NAV and & comfort
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Replying to: fishhead (Apr 17, 2008 3:26 pm) So I take it you think it is a good deal, then.
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Replying to: capsfan (Apr 17, 2008 4:36 pm) |
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this issue is driving me crazy and would love some input. One dealer is giving me $3000 off MSRP and no discounts. I am actually eligible to get $750 for Audi Loyalty + another $750 for Audi Conquest (state specific offers for people coming off lease) I asked the one dealer with the $3000 off MSRP if can i put the AUDI discounts ontop of that deal- he said no, the other dealer is giving me a pretty good price with the discounts. At the end of the day, the final prices i am getting from both is pretty similar -- I guess i shouldn't worry about it, but why would some dealers disregard the Audi Loyalty discounts and give their own $$$ discounts? Also, i see on this board some people are getting $5000 of MSRP -- what is the going rate these days for offers like these?
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I've found this deal online and have visited a local dealer in CA, but I'm a bit hesitant as I had never leased a car before. I've always bought; but this deal has caught my attention: "$559* lease per month for 36 months Now through May 2, 2008 Down payment: $1,999 Refundable security deposit: $0 Acquisition fee: $575 First month's payment: $559 Amount due at lease inception: $3,133 Excludes taxes, title and dealer fees *36-mo. closed-end lease offered to qualified customers by Audi Financial Services through participating dealers. Must take delivery by 5/2/2008. Rate based on $50,975 MSRP of 2008 Audi Q7 3.6 Premium with Quattro, Panorama Sunroof and destination charge. Purchase option at lease end for $26,507. Required dealer contribution could affect final negotiated transaction. Lessee responsible for insurance and may have some financial liability at lease end. Lessee responsible for $0.25/mile over 10,000 miles per year and a disposition fee of $350 due at lease end." I'd appreciate your thoughts, I like the car and it seems to me that I could get away with paying $23K for the first three years and then buy the car for $26.5K  5.5% and end up paying $30K in total. Any feedback will be greatly appreciated. 
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Replying to: tleco (Apr 17, 2008 8:10 am)  . Thanks for taking the time to share the price that you were quoted for the Q7 with others. You sound like you would be a fountain of information for the Dealer Ratings & Reviews section of this site. Make sure to stop over and check it out. Thanks. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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