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Audi Q7 Lease Questions

712 messages,  Last post on Jul 21, 2008 at 2:15 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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#98 of 712
Audi Q7 Lease Programs by ctiller
Oct 16, 2006 (10:01 pm)
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I currently have a 15k/36 month lease negotiated for a Q7 4.2 Premium with an MRSP of $60,620. Cap Cost $58,852 with a residual of $31,120. The money factor is 0.00182. Does this seem like a good deal?
#99 of 712
Re: Audi dealer cash by dpeck1
Oct 17, 2006 (1:50 pm)
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Replying to: Car_man (Oct 06, 2006 4:56 am)

I was told that Audi dealers are getting $1,000 from Audi for every Q7 sold. This came from the general manager of a brand that competes with Audi. Have you heard the same thing? $1000 dealer cash?
 
Thanks.
#100 of 712
MF and Residuals for all Q7s by turbobb
Oct 17, 2006 (2:11 pm)
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Hi Car Man,
Would it be possible to post all the MFs and Residuals by miles per year for all Q7s? This would cut down on a lot of posts re: that and makes it easy to look up everything in one post for easy comparison.
 
I'm trying to decide between a 3.6 Premium and a 4.2 non-Premium. The way I have it configured, it's only $160 difference in MSRP. If the monthly lease payment is not a big difference then I'd prefer to go with the 4.2 (hard to live without a heated steering wheel once you've had it).
#101 of 712
Re: MF and Residuals for all Q7s [turbobb] by dpeck1
Oct 17, 2006 (8:06 pm)
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Replying to: turbobb (Oct 17, 2006 2:11 pm)

I think the difference is much more than 160. More like 2000. The 4.2 non prem with no other options, starts at 49,900. sunroof is another 1800, etc.
 
How did you get 160?
#102 of 712
Q7 Lease offer by frank45
Oct 19, 2006 (8:58 pm)
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Hi car man,
 
I live in the NY area (Westchester) and I am currently looking into leasing a Q7 3.6 Premium with sunroof and some packages (infotainment and convenience) - the car comes to MSRP 54.060, the dealer is willing to take 1500 off so it comes to 52.560. Lease rate offered is 685/month with 12000/year for 36 months.
 
Security deposit will "probably" be waived - all other fees are 180 DMV, 300 Doc, 575 Acq fee. taxes also paid up front and not included in the rate.
 
The rate seems a bit high - do you know what the current money factor is for this area and how "bad" this deal is?
 
Thanks in advance.
#103 of 712
Re: 36mo 72Kmiles [gtechie] by Car_man HOST
Oct 29, 2006 (4:30 am)
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Replying to: gtechie (Oct 09, 2006 6:49 am)

You're very welcome, gtechie. The current buy rate lease money factor and residual value for a 36 month lease of a 2007 Mercedes-Benz GL450 with 15,000 miles per year are .00295 and 61%, respectively.
 
Car_man
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#104 of 712
Re: Oct MF and Residual for 4.2 Q7 Premium [newq7] by Car_man HOST
Oct 29, 2006 (4:34 am)
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Replying to: newq7 (Oct 12, 2006 5:01 am)

Here you go, newq7. Audi Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 Q7 4.2 Premium with 12,000 miles per year are .00107 and 63%, respectively. The numbers for an otherwise identical 36 month lease are .00107 and 54%. Audi has never provided any sort of cash incentive on the Q7. It is difficult to predict what automakers will do with their future incentives, but I personally don't anticipate Audi introducing any cash on this truck for a long time. The earliest that I could see it doing so is at the end of the 2007 model year and even then there's no guarantee that it will.
 
Car_man
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#105 of 712
Re: Audi Q7 Lease Programs [ctiller] by Car_man HOST
Oct 29, 2006 (4:49 am)
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Replying to: ctiller (Oct 16, 2006 10:01 pm)

Hi ctiller. The money factor that you were quoted for this truck is too high. Audi Financial Services' current buy rate lease money factor for a 36 month lease of a 2007 Q7 4.2L Premium is only .00107 with the payment of a security deposit at lease signing. This factor would be .00015 higher if you decide to have your vehicle's security deposit waived. Make sure to insist that the dealer you are working with use this truck's buy rate to calculate your monthly payment.
 
The selling price that you were quoted is probably around $3,000 over dealer invoice. I'm not sure what the market is like for this truck right now, but that is a lot of room to play with. Make sure to stop by the following discussion to see how much other community members have paid for similar vehicles lately: "Audi Q7: Prices Paid & Buying Experience".
 
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#106 of 712
Re: Audi dealer cash [dpeck1] by Car_man HOST
Oct 29, 2006 (4:54 am)
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Replying to: dpeck1 (Oct 17, 2006 1:50 pm)

Hi dpeck1. While anything is possible, I believe that it is highly unlikely that Audi is providing $1,000 dealer cash on the Q7. Audi was not providing any dealer cash on the Q7 when I looked into its incentives a couple of weeks ago.
 
Car_man
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#107 of 712
Re: MF and Residuals for all Q7s [turbobb] by Car_man HOST
Oct 29, 2006 (4:59 am)
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Replying to: turbobb (Oct 17, 2006 2:11 pm)

Hi turbobb. Audi Financial Services' current 36 month, 15,000 mile per year buy rate lease money factor and residual value for the 2007 Q7 3.6 Premium are .00113 and 56%, respectively. The numbers for an otherwise identical lease of a 2007 Q7 4.2 Premium are .00107 and 52%, respectively. The residual values for leases with only 12,000 miles per year are 2% higher.
 
Car_man
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