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Audi Q7 Lease Questions

812 messages,  Last post on Nov 10, 2009 at 12:48 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Audi Q7, Car Leasing, Car Buying, SUV


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#709 of 812
Re: July Lease rates Q7 [christianj] by rdxer
Jul 10, 2008 (6:16 am)
Reply

Replying to: christianj (Jul 10, 2008 5:52 am)

This sounds legit -- I was told the same thing (before leasing an X5). They want to sell, not lease Q7s. My guess is due to the declining SUV resale market they don't want to be stuck with overpriced vehicles down the road.
#710 of 812
Re: July Lease rates Q7 [rdxer] by rdxer
Jul 10, 2008 (6:19 am)
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Replying to: rdxer (Jul 10, 2008 6:16 am)

meant to add...
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.
#711 of 812
Re: July Lease rates Q7 [christianj] by tleco
Jul 10, 2008 (6:25 am)
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Replying to: christianj (Jul 10, 2008 5:52 am)

Residual value - for 24 months is 58%? I had mine with 36 months 15k at 59% and 50% with Audi care.
Money factor was .00006
Things changed but one thing for sure ...you should get more discount on the car. AT least $5000 Off
#712 of 812
Re: [kp22] by Car_man HOST
Jul 21, 2008 (1:15 am)
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Replying to: kp22 (Jul 08, 2008 7:05 am)

Hello kp22. Audi's lease program for the Q7 varies by term, mileage, and trim level. You never mentioned what any of these variables are, so for now I will assume that you are interested in a 36 month lease of a 2008 Q7 3.6 non-Premium with 15,000 miles per year. Let me know if you want something different. Audi Financial Services' buy rate lease money factor and residual value for the aforementioned variables are currently .00297 and 45%, respectively. As you can see, Audi is no longer providing lease support on the Q7. It replaced its special lease program on it with dealer cash, specifically $5,000 on the 3.6 and $6,000 on the 4.2.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#713 of 812
Re: July Lease rates Q7 by mewantee
Jul 26, 2008 (9:17 am)
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After reading everyone else's deals (thanks for posting!!) I went into my local dealer in northern California and got the following lease on my Q7 3.6 premium:
 
MSRP = $58,825
36 months
10,000 miles
$0 down payment
Monthly: $768 ex tax / $832 inc tax
 
For that price, I also got an extra $1500 worth of extras included - first car payment $830, full maintenance plan (it will cost me nothing to service for the life of the lease), and 2 full tanks of gas.
 
What do you think - did I get a good deal?
#714 of 812
Re: July Lease rates Q7 [mewantee] by loiseau82
Jul 30, 2008 (3:18 am)
Reply

Replying to: mewantee (Jul 26, 2008 9:17 am)

I'm hunting for a Q7 now...
 
I'd love to know what dealer you went to? ...and when?
 
What was your residual at lease end?
 
Bay Area dealer I saw last night offered up a ridiculous lease on a loaded Q7 3.6:
 
Cap Cost $54661
Residual .43
Lease Rate Factor .00350
Monthly Payments $1144
Drive Off $2283 (includes 1st payment, tax, 1st year fees & "other" upfront..)
 
Also, anyone have an ear to the ground the 3.0 TDI?
 
Thanks,
#715 of 812
Re: Looking for the current residual percentage [luvaudi19] by jnjcali
Jul 30, 2008 (6:50 pm)
Reply

Replying to: luvaudi19 (May 18, 2008 7:40 am)

Hello Jerry,
 
I really appreciate all your input for the Audi Q7 leases. How are the August lease programs going to be designed with the 2009 Models coming out. Is the money factor going to be any better?
 
Thank you
#716 of 812
is this better than the summer event? by cofla99
Jul 30, 2008 (6:55 pm)
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Hi guys as you can see I am still in the market for a q7 premium, conv pack and nav.
Do you think current lease deals are better than the summer event? should I act now or wait for august deals.
Thanks
#717 of 812
audi by zkaudio
Jul 31, 2008 (9:13 am)
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I have a good friend who works for audi who says there will be no deals on the 08 q7's that can touch the June deals until the lots are stocked with 09's. They are short on inventory of 08's due to a delay in delivery of the 09s.
#718 of 812
Re: Looking for the current residual percentage [jnjcali] by luvaudi19
Aug 04, 2008 (9:29 am)
Reply

Replying to: jnjcali (Jul 30, 2008 6:50 pm)

Unfortunately, Audi Q7 leases are no longer as attractive as a few months ago. The residuals have dropped significantly while the money factor has also risen. This is slightly offset by the "marketing allowance" being offered now, but after penciling out some leases recently, I find that they are not very attractive.
 
You should be able to negotiate a very low cap cost, but the rates/residuals are pretty poor right now on the 08 models.
 
-Jerry

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