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Audi Q7, Car Leasing, Car Buying, SUV
#694 of 1080 Audi New Lease Specials
Jun 05, 2008 (5:35 pm)
Dear All, I've just recently joined this forum and need some help. I would like to lease a 2008 Q7. I noticed a few days ago that Audi has a new lease special for the summer in my market area - 2008 Q7 3.6 Premium with Convenience Package ($51,075 MSRP)at $499/month for 36 months with the following terms:
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.
#695 of 1080 Re: Audi New Lease Specials [perosticks]
Jun 20, 2008 (1:48 am)
Welcome perosticks. Manufacturers' official advertised lease payments are definitely not too good to be true. On the contrary, savvy consumers who shop around in areas that have a decent level of competition are usually able to beat automakers advertised payments. Negotiate as low a selling price as possible on the new Q7 that you want. Chances are you will be able to beat this deal.
Prices Paid: Buying & Leasing Experiences Forum
Jun 28, 2008 (2:38 pm)
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)
XTB Technology Package
PPX Convenience Package
3FU Panorama Sunroof
Total Optional Equipment
Total with Options
#697 of 1080 Re: [cofla99]
Jun 29, 2008 (7:25 am)
Howdy -- I'm iin the same boat. My Treg lease exires late July. Been going back and forth with my local Audi dealer. On a Premium with Convenience Package, Panorama and Nav (MSRP at $54,725). I've got him at about invoice $51,400). With $3000 out of pocket (this includes 3% sales tax which we pay all upfront in my state), I'm at $699/month 36 months and 10K miles per year. I'm gonna role the dice and hope the incentives get better in July (Audi Q7 sales have totally sucked this month -- so I've been told). I'm hoping they bring back the dealer cash they had this spring.
Good luck and please post any info/results you get.
#698 of 1080 Re: [rdxer]
Jun 29, 2008 (8:56 am)
We ae looking at almost the same numbers, I am down to 699 mo with 1109 due at signing for 36 months, conv package, nav, upgraded wheels but no tech package.
If anybody has a clue of their july incentives please let me know I am kind of afraid to blindly rol the dice.
#699 of 1080 Q7 3.6 Premium
Jun 29, 2008 (5:41 pm)
With the summer event that ends on July 2nd, what are the cash incentives from Audi Financial? Also, a couple of Audi dealerships have stated invoice prices about $1k higher than what I see on edmunds (and claims will show me paperwork to verify those invoice prices).
I'm looking at a Q7 3.6 Premium with convenience, navigation, sunroof, and 19" wheels.
Edmunds invoice is: $51,565
Dealer said invoice is: $52,581
What is a good offer price on this car? $500 below the edmunds invoice price?
#700 of 1080 Re: [cofla99]
Jun 29, 2008 (5:52 pm)
yup, seams pretty similar. What's your MSRP? Is tax included with each monthly payment (a use tax) or do you pay it all upfront (a sales tax, like I have)?
The money factor calculates to 1.68% with a 50% residual -- is this the same for you?
I understand where you're coming from about not wanting to wait. This is my 2nd Treg and I've been leaning toward the X5. If I'm going to have a third VW/Audi product (and more ups and downs) it's got to be a super sweet deal otherwise I'll cough up a few more bucks and go for the Bimmer.
#701 of 1080 Re: Q7 3.6 Premium [pnorton1]
Jun 30, 2008 (5:38 am)
On the Audi Vehicle Invoice the Dealer adds certain charges to inflate the invoice amount. For example, in Southern California they add these additional charges:
"Southern California Audi Ad Assoc.": $449.65
"SCADA2 Audi DAA": $272.75
"Preparation and Inspection": $195.00
So that's $917.45 of added charges that Edmunds doesn’t show.
Audi is currently offering $1,000 Customer Cash, so $500 below the Edmunds Invoice price would be a good price in my opinion.
#702 of 1080 Re: Q7 3.6 Premium [bubblesusf]
Jun 30, 2008 (8:06 am)
Thanks for this info on the added charges.
#703 of 1080 ok does this make sense
Jul 01, 2008 (9:28 pm)
hi guys Using edmunds guide to calculate bottom line monthly payment ( http://www.edmunds.com/advice/leasing/articles/48365/article.html ) I came up with this numers using invoice as cap cost.
Please let me know if my calculations are correct.
10k miles, 36 mo Q7 premium nav, conv & panoramic roof.
Residual Factor 50%
Residual Value 26917.5
Money Factor 0.00006
36 mo depreciation 23,193.50
Lease Terms 36
Monthly Depreciation 644.2638889
Cap cost + residual 77,028.50
(cc + res) X MF 4.62171
MF pmt + mo dep 648.89
Tax 6% 38.9
Bottom Line Mo Pmt 687.79
Is this the lowest possible monthly payment on this truck with 0 down just tax, tag, title and dealer fee due at signing?
How much more would it be for audi care?
TODAY IS THE LAST DAY FOR THE SUMMER EVENT SO YOUR HELP IS VERY APPRECIATED.