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Audi Q7 Lease Questions

816 messages,  Last post on Nov 24, 2009 at 8:49 AM

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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#724 of 816
Re: [bobplus] by mrcr
Oct 22, 2008 (12:06 pm)
Reply

Replying to: bobplus (Oct 11, 2008 9:08 am)

What did you end up doing with the lease?
 
I have been offered the following deal:
Q7 Premium Plus
msrp 54,425
purchase 49,500
 
3.6 Premium plus
pano sunroof
bicolor wheels
36mo/10k
mf .00066
Residual 49%
1250 out the door
682 or 735 includes tax
 
Does anyone have any deals to compare?
 
Thanks.
#725 of 816
Re: [mrcr] by bobplus
Oct 22, 2008 (2:04 pm)
Reply

Replying to: mrcr (Oct 22, 2008 12:06 pm)

Hi:
 
I ended up with this deal:
 
3 year/15K miles, 3000 down, 769/mon (include tax and audi care)
 
The car is 58K, 3.6 L, prestigious option, plus sunroof and 20 wheel.
#726 of 816
Re: Lease Transfer [kyfdx] by woolooloo
Oct 22, 2008 (3:11 pm)
Reply

Replying to: kyfdx (Oct 14, 2008 8:00 am)

Thanks kyfdx, I did call and speak with them yesterday. In case anyone is interested, here's what I found out. Their lease default protection works out to roughly a lease payment every six months, so since I have 2 years left on the lease, their policy would run about 4 monthly lease payments, roughly $2500 for me.
 
The problem is that while the policy would help cover the costs if the person who picks up the lease defaults, it would not help my credit if they make late payments and my credit score gets dinged by the late payments. I'm not sure if I want to take that risk with the economy as it is where even a good intentioned person with great credit could find themselves in a position where they couldn't make the payments.
 
They do offer another alternative. Basically, you find someone who wants to take the lease, they buy out the old lease, and re-lease it through one of their banking partners. That way the old lease is satisfied and I would no longer be on the hook. The problem there is the terms of the new lease are not that generous and I was told that basically the new person would have to take the vehicle with a 3 year lease that would be basically $900/mo, a heck of a lot worse than the $660/mo for 2 years that I was hoping to entice someone with. Plus it seems people could get that sort of deal right now on a new vehicle, so I don't think I want to spend the $500 they charge to advertise the vehicle for re-lease. I guess advantages of the re-lease are that you don't need a down payment and she said they would accept anyone with a credit score over 680 and I'm not sure what Audi's threshold is.
 
Anyways, not sure what I'm going to do. I'd like to get out of the lease but it looks like I'm stuck with it.
#727 of 816
Re: Lease Transfer [woolooloo] by kyfdx HOST
Oct 23, 2008 (6:48 am)
Reply

Replying to: woolooloo (Oct 22, 2008 3:11 pm)

I feel for you.. It doesn't sound like you have any good options..
 
regards,
kyfdx
#728 of 816
Re: Lease Transfer [kyfdx] by woolooloo
Oct 23, 2008 (7:25 am)
Reply

Replying to: kyfdx (Oct 23, 2008 6:48 am)

Thanks. I think one thing I learned is not to lease from Audi since they don't let you re-lease in a way that makes you not liable for the remainder of the lease. If you care about your credit, that basically means you cannot re-lease.
 
BMW and Mercedes do release you from obligation if you re-lease. If someone would like to find out about other lease companies, they can check the link below - however obviously terms may change so make sure you check the lease documents you actually have to sign rather than rely solely on that link. I for one will not lease from Audi again or any other company that has this rule.
 
Lease companies
#729 of 816
Recently Offered Lease Deal by cdepaola
Oct 29, 2008 (5:19 pm)
Reply
Not going to post all the details but if your in the market for a Q7 I and your in the Chicagoland area I would seriously check out Continental. Here is a brief description of what I was offered.
 
2008 Q7 Premium
 
MSRP 52,000.00
 
First and Plates Only - Drive Off
 
$709.00 per month
#730 of 816
Re: Lease Transfer [woolooloo] by heiko
Nov 13, 2008 (6:32 pm)
Reply

Replying to: woolooloo (Oct 22, 2008 3:11 pm)

I am looking at a Q7, after one year, what are your thoughts? Does the v6 have enough power? Is there something about the car that is unsatisfying
#731 of 816
Re: Lease Transfer [heiko] by ody02tjk
Nov 14, 2008 (3:48 am)
Reply

Replying to: heiko (Nov 13, 2008 6:32 pm)

After 18 months with my 3.6 Q7, I can honestly say it is a love hate relationship. I love the way the car handles. Only the Mazda CX9 handled better. I completely enjoy the cars ride, comfort, and agility. It has been a great car to teach my oldest to drive on. Audi's ergonomics are among the best designs available. The Bluetooth interface is great. I do wish I had gotten the back up camera and the Ipod interface. The 3.6 engine is more than enough in my opinion, and is well matched to the car. The interior (in Cardamon Beige) is very well executed, and put together excellently. I have the Panorama Roof, and that sold me on the car. The drivers seat is extremely comfortable, and the back seat gets rave reveiws from both adult friends and my teenagers. I also love the Garnet Red paint color and 20 inch wheels. The car is solid and luxurious.
 
That being said, there are quite a few things that drive me crazy with this car. First, I have had to take it into the shop at least 6 times since March for a recurring programming error with the ESP and Adapative headlights. The display will give me a ESP fault, followed by the Adaptive Headlight fault, and stay lit from 2 minutes to a few hours. It is now at the dealer AGAIN as I write this comment for the same problem. The dealer's service department are consulting with Audi in Germany because they cannot figure out the problem here. When coming to any slow stop, the brakes SCREECH loudly. This also occurs with every one of the loaner Q7s my dealer has provided. Audi needs to do something about its brakes. In addition, I had to replace the front brakes on my Q7 (at a cost of nearly $800) at ONLY 15K miles (my old Lexus LX would go 40K miles before needing brakes). There is a very irritating rattle with the 2nd row seats any time we hit a bump of any sort (Audi Service claims not to hear it). The parking brake release must be pulled at least 3 times before it releases (not fun when you have carpel tunnel in your left arm). Every few days, with no rhyme or reason, the display screen between the gauges goes completely blank. It will work the next time I start the car. The gas mileage on the 3.6 engine is only 14.5 running around town, but I have gotten a consistent 23 MPG on the highway cruising at 70MPH. At this point, I only have 20K miles on the car, and I can truly say I am glad I leased it. I will not be keeping it when the lease ends.
 
IF you are going to get an Audi, my recommendations would be to lease the car (if you are willing to live with the annoying issues). With Audi's spotty reliability record, you may want to bail out of any unreliable car in a few years. Also, if you can wait, I would recommend getting the 3.0 Diesel engine to get better fuel mileage.
 
If you are purchasing, I would recommend getting the Acura MDX, or Lexus RX (if you do not need the 3rd seat). Also, when I was looking 19 months ago, I was quite impressed with both the Buick Enclave and Mazda CX9. Judging from what I have read in Consumer Reports, I would go for a Mazda, Lexus, or Acura.
#732 of 816
Q7 3.6 Lease Deal by krm13
Nov 14, 2008 (9:52 am)
Reply
I got the following quote on a 2009 Q7 3.6 premium plus w/ panorama sunroof and cold weather package from a Northern NJ dealer:
 
36 months -- 15k miles/year
$795/month
$1370 inceptions
1st month's payment waived
MSRP $53,325
Invoice $50,109
Sales Price $50,109 plus $650 Audi Care N/C Maintenance Program
Money factor .00036
Residual 47%
 
Can I do much better?
 
Anyone looking at comparable SUVs offering better lease deals?
#733 of 816
December Lease Offers by robda
Dec 04, 2008 (1:17 pm)
Reply
Does anyone know what Audi is currently offering for a 2009 Q7 Premium Plus with sunroof lease? I would be looking at 3-years and 12,000 miles per year. I am looking for the residual, money factor, etc.
 
Thanks.

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