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Audi Q5 Lease Questions

219 messages, Last post on Nov 09, 2009 at 2:56 AM
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Replying to: pc323 (May 29, 2009 11:04 am) |
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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. | |
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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. |
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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. |
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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? | |
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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? |
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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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I just got the meteor gray premium plus with Nav. and 19 inch wheels: MSRP est $46500.00 Invoice est $44075.73 (I paid invoice) 42 Month lease rate .00143 Residual 47% with Audi Care and 12k miles per year $2189.46 to start $700.00 including taxes in California I was able to negotiate at invoice. How does this look? Thanks. |
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Got a lease quote on a 2010 Q5 this weekend, and the dealer is trying to charge me a tax rate that is 3% higher than my local sales tax. When questioned, he said it was a "use tax" that gets paid to Audi USA, and that such a use tax is standard on all leases, Audi or otherwise. And, no, this isn't just the interest rate/money factor, but is an add-on to the base lease price. Anyone ever hear of this. Thanks
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Have tried three dealerships in the Chicago area. I visited two dealerships in person and contacted a third by email to get a quote on a 2010 Premium Plus. All they will provide is the amount of the total monthly payment. I pin one down on sales price, residual and money factor, but he will not provide additional fees that drive the cost up $50 per month over my calculations. I explain he is too high based on the numbers provided and to clarify license, doc, registration...any other fees to explain the discrepancy. No response. Schaumburg Audi flat out refuses to provide me a quote. I met with the sales guy (Al) who took my info and promised to email me a quote on a 2010 Premium Plus in a specific color combo they did not have on the lot. He never got back to me. I sent an email and he called to say he got the email. Still no quote. I like to Q5 but it's certainly not the only vehicle out there. Thinking I'm better off sticking with BMWs like I've had for the last 8 years. The Infiniti EX is supposed to come out with a new design in 2010. May just wait based on this first attempt with Audi.
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