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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
813 messages, Last post on Nov 11, 2009 at 6:11 AM
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I Just signed a deal with DCH Audi for a Basic Q7 w/ Comfort Package and Panaromic sun roof. MSRP $48,025 36 months/12K year $1500 Total out of Pocket $550 month Price includes all NY taxes and fees. As a novice to Leasing did I get an honest deal?
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| Anyone have any numbers on current lease payments on Q7 4.2 or on 3.6. Looking at one that is MSRP of 63k was wondering what a good deal would be on it? | |
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Replying to: luvaudi19 (May 18, 2008 7:40 am) Thanks in advance
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Replying to: 2001a6 (May 24, 2008 6:41 pm) I generally have to say at this point though with subvented money factors on 2008 models (.00006) vs money factor on 2007 models (.00170-.00350 depending on which bank), the odds are that the 2008 model will lease much better. There are a lot of variables in leasing previous model year cars and used cars. Not many people know how to do it (including 95% of sales managers and finance managers at car dealerships from personal experience). Usually the residual is a numerical value that one has to figure out and add/subtract for miles/options/etc. If you want to post the exact miles and options on the car, I can run some numbers on the 2007 demo when I get back to the office Tuesday for you. -Jerry
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Replying to: luvaudi19 (May 25, 2008 8:41 pm) The car is a 2007 4.2 Premium * Leather Interior * Moonroof * Navigation System * Premium Stereo * Roof Rack * Side Air Bag * Towing Package Vin#: WA1BV74L47D063252 It has just under 6,000 miles on it.
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Replying to: 2001a6 (May 26, 2008 5:55 pm) Rate: .00190- .00200 Bank Fee: $695 at tier (1) Residal for 36/15K: 23675 (add 2% to this number for 12K) Hope this is enough to get you started. But a very quick calculation shows a payment of low $900s + tax with no cap reduction assuming a sale price of $51.5K. -Jerry
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Replying to: luvaudi19 (May 28, 2008 10:08 am) |
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Replying to: emonstr (May 19, 2008 12:29 pm) I just bought the exact same car this weekend (5/26/08) with the MSRP of $48,775 ($750 for the paint color) and got this deal. 36 months/10K year $900 out of pocket (includes $689 dealer fee and all taxes) $567 month + tax Used Audi Summer Event as a baseline, so they paid first month's payment as well. |
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Replying to: luvaudi19 (May 28, 2008 10:08 am) We were intending to just purchase a Q7 this summer, but times have changed and a baby and new house are now on the way. We're looking to lease now....we want a 2008 Q7 3.6 Premium, S-Line with the 20" rims (WQB), moonroof (3FU), convenience (PPX) and technology packages (XTA) - MSRP: $60,175, Actual Price:$56,800. We will most likely being purchasing it at the end of the lease. What kind of monthly should I expect on that kind of lease? Also, what kind of purchase price am I looking at when it's done? Are extended warranty plans available to vehicles coming off lease? Thanks in advance for any help!
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Replying to: bamiller60610 (May 30, 2008 8:56 pm) Not knowing what your tax rate is nor your DMV fees, a quick calculation under Cali taxes shows a payment of low-to mid $800s (pre-salestax) based on $0 drive-off (Summer of Audi program) and 15k miles per year. For your own calculations: Rate: .00006 Residual for 15K (3.6 Premium with S-Line) 45% Bank fee: $575 In terms of end-of lease buyout and extended warranties, my best advice (and this may not hold true in the future) is get it CPOed. To do this is very easy though most dealers don't have a lot of experience with it. Basically, the dealer buys it from AFS when you return the car, runs it through the CPO process, and sells it back to you. Basically, you pay residual (or less based on the market pricing when these cars come off lease), a couple of shop hours, and the actual CPO costs, plus taxes and tags (as applicable in your county/state). Most extended warranties are a pain-in-the-butt to deal with from the dealership level and rather expensive. The CPO process should be around $2K plus the costs of the reconditioning necessary, so it should be less expensive. Hope this answers most of your questions -Jerry
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