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Prices Paid: Buying & Leasing Experiences Audi Q7 Lease Questions
809 messages, Last post on Oct 19, 2009 at 2:09 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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. MSRP 53825 INVOICE 50111 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. THANKS |
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I am interested in possibly leasing a Q7 this month. Does anyone have the various lease factors for July (money factor, residual, etc.)? Any assistance would be greatly appreciated! Thanks! |
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Replying to: kp22 (Jul 08, 2008 7:05 am)
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Replying to: kp22 (Jul 09, 2008 11:34 am)  .0024 and resid 56%). Plus, free maintenance.
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Replying to: kp22 (Jul 09, 2008 11:34 am) |
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Currently nearing the end of the Land Rover LR3 lease and have decided that the Audi Q7 will work well for me. Talked to the dealer and got the following offer on a 24mth/15k lease: MSRP = $46,175 Sales Price = $43,900 Initial Payment = $3,000 towards first payment, etc. Residual = 58% Rate = .00036 Payments worked out a $766.21 which worked for me BUT here comes the kicker....they said that this was based on lease rates before July 7! Evidently since I don't need the vehicle until the end of July these lease rates cannot be applied. The dealer said they would contact the Regional Manager to get more info on future lease rates but they called me back and said they could not get those rates for leases during the last 3 weeks of July. According to them Audi has NO lease deals for the last 3 weeks and they don't anticipate getting any more deals until August when they will start selling 2009 models. Does this seem kosher? Should I try another local Audi dealer. My problem is that the money factors for 24mth leases seem to be really bad this year and Audi was one of the few that had a decent offer. Land Rover didn't have anything due to their purchase by Tata and BMW, MB, etc. have HORRIBLE rates for 24mth leases. Yes...I know I should look at other terms but my company allows me to get a new lease every two years so why should I agree to a longer term? Max payment can be $800 per month.
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Replying to: christianj (Jul 10, 2008 5:52 am)
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Replying to: rdxer (Jul 10, 2008 6:16 am) my understanding is that there is a large ($5K amount, I've heard) of dealer cash available on sales, not leases. Maybe you want to look at third-party leasing companies (try leasecompare*com) who would buy the car (so you can take advantage of the dealer cash) and then lease it back to you. Not sure if this makes sense, but you can look online to check it out. |
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Replying to: christianj (Jul 10, 2008 5:52 am) Money factor was .00006 Things changed but one thing for sure ...you should get more discount on the car. AT least $5000 Off |
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Replying to: kp22 (Jul 08, 2008 7:05 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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