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Audi Q5 Lease Questions

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

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

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


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#148 of 228
Re: Tier [ipipip316] by Car_man HOST
Jun 26, 2009 (1:55 am)
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Replying to: ipipip316 (Jun 11, 2009 6:40 pm)

Hi ipipip316. I'm sorry, but I have not seen Audi Financial Services' money factors for any credit tier other than its top one. If I am not mistaken, I believe that AFS is actually fairly lenient about what credit scores it allows to qualify for its top tier anyhow.
 
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Prices Paid: Buying & Leasing Experiences Forum
#149 of 228
Re: 2010 Q5 Lease [psu1226] by Car_man HOST
Jun 26, 2009 (2:22 am)
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Replying to: psu1226 (Jun 16, 2009 8:45 am)

Hi psu1226. Is your username a reference to Penn State? If so, go lions. I'm a big fan. Audi has not introduced a lease program for 2010 models yet. I don't think that the '10 Audis have even started to arrive at dealers yet. AFS probably won't launch a lease program on them until they do. It is difficult to say what the '10 Q5's lease program will be like when it launches.
 
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Prices Paid: Buying & Leasing Experiences Forum
#150 of 228
Re: Drive off? [ddyouandme] by Car_man HOST
Jun 26, 2009 (2:29 am)
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Replying to: ddyouandme (Jun 17, 2009 7:35 pm)

I;m glad that you have found this discussion so helpful, ddyouandme. Normally at lease signing, Audi Financial Services charges a security deposit, acquisition fee, and first month's payment at lease signing. However, as part of the "Summer of Audi Event," which coincidentally is currently being advertised in the ad box to the right, Audi is waiving its security deposit requirement and the first month's payment on all Audi models, including the Q5. As a result, $2,000 sounds like an awful lot of money to have to pay at lease signing. You definitely ask the dealer to break it down for you. When you get an explanation of what it includes, let us know. I usually advise consumers to put as little money down as possible when leasing.
 
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Prices Paid: Buying & Leasing Experiences Forum
#151 of 228
Re: Q5 deal [pc323] by bethbarnes
Jul 04, 2009 (7:46 am)
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Replying to: pc323 (May 29, 2009 11:04 am)

That doesn't sound like a great deal at all. I just leased a 09 Q5 with a MSRP of 41650 ( a little less than yours) for 12k for $505.00 with $1500 down and Audi waived the first months payment as part of The Summer of Audi event. I didn't get the Premium plus with navigation but I am sure that feature can't be $200 more a month. It is an amazing vehicle but that price is way too high!
#152 of 228
Audi Tier 1 leasing question by bethbarnes
Jul 04, 2009 (2:57 pm)
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Does anyone know the mythical credit score requirement for Tier 1 credit? I already picked up my car but am now starting to wonder if I was told I didn't make tier 1 just for them to add some money back onto a really good deal they were matching from another dealer. I am suspicious now because I was told 720, but then some people at that score in different forums were told 830 so I am wondering if they use that as leverage to add to the payment. I was tier 1 no problem with BMW and am just under 700.
#153 of 228
2009 Q5 Lease by edwells
Jul 05, 2009 (7:56 am)
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Los Angeles area lease under "Summer of Audi" program
 
Brilliant Black w/ Cardamon Interior
Premium Plus w/ MMI Nav (MSRP $45,325 includes $825 destination fee)
$638 drive off (CA license fee, CA DMV electronic filing, CA tire fee)
$678 mo (excluding tax)
36 month/10,000 miles
Audi Care maintenance pkg
$100 gift certificate for parts/accessories
 
MSRP $45,325
Vehicle Capital cost $44,425
Gross Capital cost $45,835 (incremental cost over vehicle is maintenance plan, acquisition fee, document fee)
TMV $42,733
Invoice $42,210
 
Residual increased by 2% with the Audi Care maintenance pkg
$400 charge at end of lease if all scheduled maintenance has not been performed by an Audi dealer and stamped in the maintenance book
$350 charge at end of lease to buy the car
 
I've had previous leases for Toyota, Lexus, and BMW. Used a broker on all previous leases.
 
Key Points
 
Didn't know about the dealer quotes off Edmunds. Use them to start the negotiation process.
 
If the dealer has a couple of cars (color etc) that meet what you want, take the lease info and leave the dealership. Study the info and you return later in the day or the next day.
 
If you don't take the Audi Care pkg, does the $400 charge at end of lease for scheduled maintenance still apply.
 
If you know of someone who has leased a vehicle recently, ask for a copy of their lease agreement so that you can see how the numbers come together.
 
Key is to bring the capitalized cost down as low as possible through negotiation asking for free maintenance plan (the other offset to capitalized cost is your money down)
 
Bottom Line
 
Don't beat yourself up about the price you pay, learn from the experience. If the lease decision was all about price, you wouldn't be looking at an Audi.
#154 of 228
Audi Care by yuli
Jul 16, 2009 (9:29 pm)
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How much is Audi Care on the Q5 and how much does it add to the residual? I thought it was 1% but the previous post notes 2%.
 
Also, I believe the Premium Plus residual is currently 45% for 15,000 miles/yr. Am I correct that the 10,000 mile/yr. residual is 48%.
 
Thanks in advance.
#155 of 228
Fall Leases by cubbiestim
Jul 17, 2009 (9:55 am)
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Now that the Summer of Audi offers have expired, any suggestion on the best time to lease? Should I wait for a 2010 or go in at the end of the month to try for a deal on a 2009 sitting on the lot?
#156 of 228
Lease in New York Queens by derrick_ny
Jul 18, 2009 (11:36 am)
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So glad that I found this forum, learn a lot
 
Could any one tell me is there any promotion for the Q5 in New York, Queens?
#157 of 228
Q5 Premium Plus '10 w/ NAV by haveblue
Jul 31, 2009 (4:32 pm)
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I really like reading this forum, the quality of the responses from members and moderators alike always seems high. Thanks in advance!
 
This sound good from a DC area dealer?
 
Premium Plus w/ Nav $43,725 (includes $500 disc.)
Tax, Doc Fees & DMV ~$1500
Total Price: $45,206
36 month / 12k year
$2500 Cap Cost Reduction
 
$681.39 / Month
 
I got numbers for 30 & 42 month 12k leases if anyone is interested..

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