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Audi Q5 Lease Questions

237 messages,  Last post on Dec 04, 2009 at 10:03 AM

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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#197 of 237
Re: my deal ... [tsol] by paradiddle7
Oct 06, 2009 (5:33 pm)
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Replying to: tsol (Sep 01, 2009 5:48 am)

tsol:
 
I think $800 over invoice on that equipment on a car in low supply is pretty close to a steal. I'd say a steal would be about $500 over invoice. Audi does not have holdbacks, so the dealer made less than a 2% profit on that vehicle most likely. If they had to take that deal all the time, the sales department would go belly up fast.
#198 of 237
Current Supply and Going Prices for Q5 by paradiddle7
Oct 13, 2009 (9:31 am)
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I've called dozens of Audi Dealers in the NY, PA, CT, NH, RI, OH area. There were maybe 3 cars on the ground that met my specs (Deep Sea Blue (Brown or Beige), Premium Plus + Nav, 19" 5-Spoke wheels). I was ok with B&O or more equipment too, airbags, mats, etc... Let me just say that any dealer with that actual car was unwilling to trade to any other dealer and only willing to reduce the price by $750. Considering I would have to fly and drive home, that's hardly a discount. I'm trying to work with my local dealer now to get me that car and keep the money in our local economy and save me a trip. Is anyone else running into the same scenario? Oh, most dealers also wanted to charge me an additional $300 for their bogus "doc" fee that they print right into their contracts.
#199 of 237
Re: Q5 Lease Offer [audimanhouston] by ashishg
Oct 15, 2009 (3:48 pm)
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Replying to: audimanhouston (Sep 18, 2009 7:44 pm)

Hi Audimanhouston
 
Where did you find this lease deal? I am also looking for a similar deal and if I get this one in my state, I would be first one to grab it. Which state are you from?
 
Thanks
#200 of 237
Lease/Trade In Question by dpix
Oct 16, 2009 (2:55 am)
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I'm currently in the market for a Q5 Premium Plus and this will be my first lease.... Although the price I was quoted for a 2010 Premium Plus was not attractive to me $628/month with 12k miles. I am currently requesting the price break down for how they arrived at this price and trying to lower it if possible.
 
My question though is related to my trade in, edmunds.com calculators lists my trade in approx $6500. If for example $4000 is needed at inception of lease, can the trade-in be used and the dealer cut a check for the difference, as depending on how much there are willing to give on trade-in ofcourse?
 
Is this possible? My guess is this should be worked out in advance, just wondering if this is standard or dealers require customer to come with some cash
 
Thanks in advance
#201 of 237
Re: Lease/Trade In Question [dpix] by paradiddle7
Oct 16, 2009 (6:46 am)
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Replying to: dpix (Oct 16, 2009 2:55 am)

Use an auto lease calculator like this one: http://www.leaseguide.com/calc.htm to play with the costs and interest/mf, and residual.
 
I'm not sure how your vehicle is equipped, so I don't know the MSRP. Use that leaseguide.com site (read the articles) to see what expenses are in a lease and how everything is calculated and what can and can't be negotiated. Put ZERO down on a lease, never pay cash to reduce the capitalized cost of the vehicle (the actual negotiated selling price). You'll learn the reasons for this if you read articles about leasing.
 
Remember, there are 3 deals when buying/leasing a car and there are 3 distinct ways dealers make money. 1. The price of the new car, 2. The Financing, 3. The price they pay for your used car. Always ask for more of a discount on the car you are buying and more money for your trade-in. You will probably have a hard time getting a large discount on the Q5 but don't let them steal your trade-in. To get the best deal, always walk away from the deal the dealership is offering you and never call them back or inquire again. Let them come to you. If they don't call you back within a few days, you know they are at the best deal they are willing to offer you. You can always play dealers against each other too. Of course, you have to weigh out how much your time is worth to play these games.
#202 of 237
Re: Lease/Trade In Question [dpix] by Car_man HOST
Oct 19, 2009 (2:03 am)
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Replying to: dpix (Oct 16, 2009 2:55 am)

Hi dpix. It is in your best interest as a consumer to put as little money down as possible when leasing. Consumers who make large payments at lease signing on vehicles risk losing part or all of that money if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much better off going with a zero down lease.
 
As far as your trade goes, you absolutely can have the dealer cut you a check for any equity that you have in it. I've don it before. That is a much better idea than using the proceeds from it as a capitalized cost reduction for your new lease. Just make sure that you tell the dealer that's what you want to do.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#203 of 237
Re: Lease/Trade In Question [Car_man] by dpix
Oct 20, 2009 (1:39 am)
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Replying to: Car_man (Oct 19, 2009 2:03 am)

Great....... Thank you sooo much
#204 of 237
Re: Lease/Trade In Question [Car_man] by jayrider
Oct 23, 2009 (1:50 pm)
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Replying to: Car_man (Oct 19, 2009 2:03 am)

Car-man -- does gap insurance help if you put a chunk down and the car gets totalled?
#205 of 237
2010 q5 prem plus by bestdeal4
Oct 27, 2009 (3:10 pm)
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I paid 500 over invoice after working on two dealers in new york city area. Love this car, it make me smile when i drive.
#206 of 237
What do you think of this lease deal? by mattstudney
Oct 27, 2009 (3:28 pm)
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Guys - was offered the following - what do you think?
 
2010 Audi Q5
Premium plus Navigation and B&O Sound System Upgrade MSRP is $46,550
15,000 Miles/year
36 Month Lease
Blue on Black (i.e. more expensive paint)
$3000 down (nothing more, includes 1st payment)
$698 per month (Includes everything, i.e. tax)
Audi Care included

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