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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
850 messages, Last post on Mar 18, 2010 at 12:08 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: fishhead (Apr 17, 2008 2:26 pm) So I take it you think it is a good deal, then.
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Replying to: capsfan (Apr 17, 2008 3:36 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 7:10 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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Replying to: tleco (Apr 17, 2008 7:19 am) Let's work up a sample lease payment on this vehicle and see what we come up with. According to my calculations, if you were to lease a 2008 Audi Q7 that has an MSRP of $53,000 and a selling price of $47,000 through Audi Financial Services right now for 36 months using a money factor of .00006 and a residual value of 50%, its zero down, pre-tax monthly payment would be around $574. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: capsfan (Apr 17, 2008 11:30 am) I see that you are considering making a $3,000 capitalized cost reduction on your lease. I always advise consumers against making large cap cost reductions when leasing. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much better off going with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: fishhead (Apr 17, 2008 4:59 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: orzo (Apr 17, 2008 8:43 pm) In my experience, savvy consumers who live in an area that has a decent level of competition are usually able to negotiate better deals than manufacturers' official advertised lease payments on their own by shopping around. The best way to get a good deal on a lease of an Audi Q7 is do some research here at Edmunds.com to find out what the dealer invoice price of the exact model that you want is. then comparison shop with a couple of dealers to see how close you can get to that number. Once you have arrived at a selling price that you are comfortable with, have the dealer that is giving it to you calculate your truck's monthly payment using Audi Financial Services' buy rate lease money factor. AFS' buy rate for a 36 month lease of a 2008 Q7 3.6L Premium is .00006. Good luck in your quest for your first leased vehicle and let us know if you have any other questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: orzo (Apr 17, 2008 8:43 pm) Tax in CA is it 8%? plus fee Here in Texas we have to pay tax for the whole amount of the selling price - not just portion of the lease. |
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