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Audi Q5 Lease Questions

228 messages,  Last post on Nov 23, 2009 at 3:20 PM

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What is this discussion about? Audi Q5, Car Buying, Car Leasing, SUV

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#219 of 228 Re: Lease/Trade In Question [jayrider] by Car_man HOST Nov 09, 2009 (2:56 am)
Replying to: jayrider (Oct 23, 2009 1:50 pm) Hi jayrider. Good question. It is my understanding that in the event of an accident that totals a vehicle gap insurance will cover the difference between what you owe on your lease and what your car is currently worth on the open market. If you owe more than your car is currently worth, gap pays the bank that you are leasing through off. I do not believe however that the bank then refunds any money that was paid at signing to the lessee. If that is indeed the case, that money would be lost.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#220 of 228 Re: What do you think of this deal [behcar] by azroadster Nov 15, 2009 (6:48 am)
Replying to: behcar (Nov 05, 2009 6:24 pm) I cannot confirm the mf or resid but the waiver of sec deposit on leases is true per audiusa.com website for these models:   2009 models: A8, S8 and TT models only 2010 models: All except S5, S5 Cabriolet and R8 models   Sec dep waiver ends 1/5/2010.
#221 of 228 wondering whether I got a good deal by charliemango Nov 16, 2009 (9:09 am)
I'm based in Manhattan and leased a 2010 premium plus Q5 (with the full navigation package) from a New Jersey Dealership:   MSRP: $45,700 Agreed Value: $43,773 Amount due on signing: $4,647 (of which $2044 tax and $740 Audi care). $0 down Monthly payment: $640 3 yr lease w/ 10,000 miles per year.   This is the first car I have owned (have always lived in big cities with public transport). Would be curious to know if I got a decent deal.
#222 of 228 not really by disla Nov 16, 2009 (9:19 am)
hey, charliemango, I don't think it's such a good deal. The "due-at-signing" and the monthly payment seems too high for this lease, based on just 10K miles/y. You could buy it ind pay roughly the same! Replies to this message: charliemango (Nov 16, 2009 9:28 am) disla (Nov 16, 2009 1:30 pm) charliemango (Nov 16, 2009 2:14 pm) basad1 (Nov 22, 2009 12:48 pm) and 1 more...
#223 of 228 Re: not really [disla] by charliemango Nov 16, 2009 (9:28 am)
Replying to: disla (Nov 16, 2009 9:19 am) Hi disla -- looking at some other peoles posts on this site, I thought that I had done pretty well with this. Not sure what state you are based in but in NY sales tax has to be paid upfront -- $640 includes tax. I paid $0 down on the car. Replies to this message: disla (Nov 16, 2009 1:30 pm) charliemango (Nov 16, 2009 2:14 pm) basad1 (Nov 22, 2009 12:48 pm) disla (Nov 23, 2009 3:20 pm)
#224 of 228 Re: not really [charliemango] by disla Nov 16, 2009 (1:30 pm)
Replying to: charliemango (Nov 16, 2009 9:28 am) I am in NJ, leased mine from Bell Audi in Edison. You could see my deal in my earlier posts, but here it is: Premium Plus (no navi), MSRP $42650 or so, negotiated price was at ~39K. 12,000 mi/y, 42 mo. $2500 down(incl. 1st payment), $475/mo, incl. taxes Replies to this message: charliemango (Nov 16, 2009 2:14 pm) basad1 (Nov 22, 2009 12:48 pm) disla (Nov 23, 2009 3:20 pm)
#225 of 228 Re: not really [disla] by charliemango Nov 16, 2009 (2:14 pm)
Replying to: disla (Nov 16, 2009 1:30 pm) Sounds like you got a good deal - although I'm assumng the 475 should actually be 575 (based on your previous post).   I'm just trying to feel my way around this whole leasing thing, but if I were to get the same deal, wouldn't I have had to pay an additional 2,000 or so in taxes up front since I'm an NY resident, which would mean my "drive-off" fees would have been: $2,860 (based off your earlier post) + 2000 (approx. in taxes) = $4,860 upfront payment? Also, if you did not purchase aud care up front, adding another $700 or so to that would bring your upfront payment to $5,560.   Also, not sure how significantly this reduces monthly payment, but you took a 42 month lease to my 36, on a car with an MSRP about 3 grand less than my car - (you were able to negotiated approx 3 grand off whereas, I was only able to get 42 grand off).   Let me know if I'm totally off track here, but bascally seems that you got a better deal than I did, but mine doesn't appear to be too outlandish.
#226 of 228 New to leasing--please help by ashishg Nov 20, 2009 (4:25 am)
Carman, what is current MF and residual on the Audi Q5 in the ongoing Season Of Audi event? Is the MF or the residual on the car negotiable? I am new to leasing a car, please help.
#227 of 228 Re: not really [disla] by basad1 Nov 22, 2009 (12:48 pm)
Replying to: disla (Nov 16, 2009 1:30 pm) Disla,   A little confused about your deal - did you really come away with lease payments of $475 including taxes? What was your base lease payment before taxes and do you know what the residual was? Replies to this message: disla (Nov 23, 2009 3:20 pm)
#228 of 228 Re: not really [basad1] by disla Nov 23, 2009 (3:20 pm)
Replying to: basad1 (Nov 22, 2009 12:48 pm) Oops, my bad My current payment is $575, not 475. I am not sure what the exact residual was, but somewhere around 50%. Base payment would be this amount - 7% NJ tax. Again, please not that it's for 42 mo lease with 12000 miles/year.

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