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Audi Q7 Lease Questions

817 messages,  Last post on Nov 26, 2009 at 9:50 PM

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

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#761 of 817 Pretty good offer to lease a Q7 by gt97 May 18, 2009 (7:27 am)
Here is what we are considering. Please let me know your feedback on whether this is a good deal or not. It seems pretty aggressive.   2009 Q7 3.6 with Premium Plus Package and Panoramic Sunroof   MSRP = 52,825 Invoice = 49,642 Sales Price = 48,825 In addition, Deal is putting in $1500 of loyalty cash-back as cap cost reduction Lease 36 months w/ 10K miles / year Audi Maintenance Pkg included Money Factor = .00015 Residual = 45% First payment paid by Audi Financial And, dealer is paying the last two lease payments on current car ($1200 total) No out-of-pocket money for down payments, etc.   Monthly payment = $725 per month including local taxes Replies to this message: trabd123 (May 18, 2009 8:02 am) gt97 (May 18, 2009 8:23 am) trabd123 (May 18, 2009 9:00 am) gt97 (May 19, 2009 2:46 pm) Car_man (Jun 09, 2009 1:45 am)
#762 of 817 Re: Pretty good offer to lease a Q7 [gt97] by trabd123 May 18, 2009 (8:02 am)
Replying to: gt97 (May 18, 2009 7:27 am) Sounds like an excellent and very aggressive deal. Below invoice deals are something that we don't experience up here in the Northeast.   The money factor is 0.0015 and not 0.00015 and it should make a big difference in the monthly payment.   Here's what I found based on your numbers:   MSRP = 52,825 Selling price = 48,825 Loyalty Incentive = 1,500 Residual Value = (52,825 * 45%) = 23,771.25 Leased portion = (47,325 - 23,771.25) = 23,553.75 /36 = 654.27 Money factor = (47,325 + 23,771.25) * 0.0015 (not 0.00015) = 106.65 Total monthly payment = $760.92 Taxes = ???   So I'm not sure why your payment is only $725 a month including taxes? Replies to this message: gt97 (May 18, 2009 8:23 am) trabd123 (May 18, 2009 9:00 am) gt97 (May 19, 2009 2:46 pm) Car_man (Jun 09, 2009 1:45 am)
#763 of 817 Re: Pretty good offer to lease a Q7 [trabd123] by gt97 May 18, 2009 (8:23 am)
Replying to: trabd123 (May 18, 2009 8:02 am) The sales rep told me the money factor was .00015, which was a big drop from earlier this year. If you use that money factor, then it gets you to right around $725 per month, taxes included). I double-checked and it looks like those are the current money factors in place for Audi Financial. I have worked with this sales rep before and he has never done a bait and switch or anything shady. Thanks for your feedback. Replies to this message: trabd123 (May 18, 2009 9:00 am)
#764 of 817 Re: Pretty good offer to lease a Q7 [gt97] by trabd123 May 18, 2009 (9:00 am)
Replying to: gt97 (May 18, 2009 8:23 am) I will verify the money factor again from the dealer and let you know. If it's 0.00015, then, my dealer is mistaken when he said that Audi Q7 doesn't have a good money factor in May.
#765 of 817 Re: Pretty good offer to lease a Q7 [trabd123] by gt97 May 19, 2009 (2:46 pm)
Replying to: trabd123 (May 18, 2009 8:02 am) I just saw that there is an Audi Conquest rebate program for the Q7 3.6 for $1,000 this month. As you can see in my previous post, the dealer is already including $1,500 rebate of Audi Loyalty cash since we own an A6.   The car we are replacing is a BMW X5, so will Audi let us combine the Loyalty and the Conquest rebates for a total of $2,500? Replies to this message: Car_man (Jun 09, 2009 1:45 am)
#766 of 817 Audi Q7 3.0 Lease by danf1222 Jun 06, 2009 (5:13 am)
Car_Man, do you know what the current MF, Residual (12K/yr) for the Q7 3.0 and 3.6 for a 3 year lease. Is a 48 month lease available, and if so is it worth it to lease for 4 years. Is the $1,000 conquest still available for new customers.   Thank you. Replies to this message: Car_man (Jun 09, 2009 1:49 am)
#769 of 817 Re: Looking to lease a Q7 [trabd123] by Car_man HOST Jun 09, 2009 (1:44 am)
Replying to: trabd123 (May 13, 2009 5:24 am) No problem, trabd123. You are much better off keeping the bank that you are leasing through in the dark about your car's mileage when attempting to negotiate your vehicle's end of term purchase price.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#770 of 817 Re: Pretty good offer to lease a Q7 [gt97] by Car_man HOST Jun 09, 2009 (1:45 am)
Replying to: gt97 (May 19, 2009 2:46 pm) Hi gt97. You can give it a shot, but unfortunately I do not believe that the loyalty and conquest cash promotions are compatible.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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