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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
823 messages, Last post on Dec 03, 2009 at 11:37 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: luvaudi19 (May 31, 2008 8:59 am) We have the option of Cook or DuPage county in Illinois for registering the car. Is one location better for registering under a lease? I thought I heard somewhere that there was a benefit to leasing in the city; conversely, a purchase is more beneficial in DuPage because of the lower sales taxes. And, finally, last question - is there any way in that scenario to put something down at Lease Inception to lower the monthly payment? Not prepaying, but instead paying the fees, etc (altering the Summer Event a bit)? Thanks again.
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Replying to: bamiller60610 (Jun 01, 2008 10:05 am) In terms of the putting money down to lower the payment, that's at your discretion, but when you get to borrow money at .00006 money factor, you're not paying anything in terms of profit for the bank. Also, the higher the payment, the higher the "rebate" from Audi under the Summer of Audi event. I would personally put as little down as possible (heck maybe even roll in the start-up fees if possible), and take the slightly higher payment. You're realistically going to be spending roughly the same amount of money in the long run. -Jerry |
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Replying to: lansa (May 06, 2008 3:57 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Dear all, I just went to the Audi Dealer, and got these quote for a Q7 3.6/Premium, with Navigation System, along with 21" S-Line package, can anyone tell me if the deal is a go or i should look for somewhere else, since i live in Los Angles area, can anyone tell me which dealer i should go and the name of the sales person. Any help would be appreciated. Thanks in advance. Vehicle MSRP $56525 Cash Sale Price $54500 Acq $575 Cap Reduction $624.44 ResFactor 48% (since 2 pts for S-Line) Residual $27132 State DMV Fee $447 TTL Cap Cost $55075 TTL CC REduct $624.44 ADJ Cap Cost $54450.56 Customer Cash $2000 Drive Off $2000 Mthly Base $763.74 Mthly Tax $59.19 Mthly Paymt $822.93 Term 36 Rate .00006 10k/yr
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Replying to: sky61775 (Jun 05, 2008 3:25 pm) Down Payment: $2,699 Refundable Sec. Deposit: $0 Acquisition fee: capitalised ($575) 1st month's payment: $499 Purchase Option at end $21,537 10,000 miles/year ($0.25/mile over) Disposition fee $350 These numbers sound too good to be true. Has anyone taken advantage of this offer? If so what's the catch and what should I watch out for? I know for one that it does not include dealer contribution and other dealer fees. How much should these typically be? I plan to lease next week.
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Replying to: perosticks (Jun 05, 2008 5:35 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi guys, my VW trouareg lease expires on july 7 and I am planning to upgrade to a Q7 premium tomorrow (end of the month). Their summer special is 649 a month 0 down which i like a lot but the truck is missing nav, so I added a couple of packages, can you help me figure out whats the best deal I can aim for at the dealership. This are the specs: 2008 Audi Q7 3.6 Premium quattro 4dr SUV AWD (3.6L 6cyl 6A) Base price MSRP $48,350 Invoice $44,965 XTB Technology Package MSRP $4,300 Invoice $4,001 PPX Convenience Package MSRP $1,950 Invoice $1,813 3FU Panorama Sunroof MSRP $1,850 Invoice $1,721 Total Optional Equipment MSRP $8,100 Invoice $7,535 Destination Charge $775 Total with Options MSRP $57,225 Invoice $53,275
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