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Audi Q5 Lease Questions

970 messages,  Last post on Jun 18, 2013 at 5:31 AM

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

Messages Page 67 of 98

#656 of 970 Re: Money Factor [Car_man] by hakinet

Jan 12, 2012 (6:17 pm)

Replying to: Car_man (Jan 03, 2012 6:20 pm)
Hi Car_man,
 
You mentioned earlier that Audi was set to release a new lease program this week. Any details?
 
I'm specifically looking for the MF and residual on a 2012 Q5 Premium Plus lease.
 
Also - I qualify for the Audi Supplier Discount of 6% off of MSRP. Do you know if that's just 6% off of the base, or if that would include any features (nav, etc) in the MSRP price as well? Does Audi reimburse the dealer for the difference? Just curious if it's worth doing or if it's better to negotiate my own deal. Details are a little difficult to come by.
 
Thanks!

#657 of 970 Re: Money Factor [hakinet] by radoncgs

Jan 13, 2012 (6:18 pm)

Replying to: hakinet (Jan 12, 2012 6:17 pm)
I am intereted in the new lease information too. Thanks.

#658 of 970 2012 Audi Q5 in Texas by oldfatslow

Jan 19, 2012 (6:08 am)

I am about to purchase an 2012 Audi Q5.
 
On a three year lease the money factory quoted to me was .00205 and residual of .53.
 
Assuming I should qualify for Audi's top credit tier the money factor seems way out of bounds with market (car loans are available at 2.5-3%).
 
What is the actual money factor currently for an 2012 Audi Q5 for a well qualified buyer via Audi Financial Services?

#659 of 970 Audi leases not as bad a deal as you may think ... by tsol

Jan 19, 2012 (6:35 am)

An interesting aside to those looking at the relatively "poor" lease deals from Audi. We have owned seven Audis and leased several, the last being a loaded 2010 Q5 Prestige. We paid around $710 a month with zero down with cost about $400 over invoice. In our state sales tax is collected up front becoming part of the cap cost of the vehicle so no add'l sales taxes included in that payment.
 
What I find interesting is the last two leases have traded with very positive cash going toward the down payment on a new car. We just purchased a new 2012 Q5 that we ordered three months ago and paid $500 over invoice which included Audicare, taking advantage of the 1.9% financing from AFS. The 2010 Q5 had over $6k "equity" that I used toward the purchase of the new Q5. This effectively lowered our 29 month lease payment (we traded 7 months early!) to about $500/mo. The point being, the trade/resale value on a nice, clean, 12k miles/yr. Q5 is very high right now. A similar situation occurred when we traded a leased allroad back in 2006. No guarantees of course and to some this will seem like to much of a gamble, but has worked for us so far. Something to consider though I'd recommend buying an Audi over leasing in general.

#660 of 970 Re: Money Factor [asteinberg] by Car_man HOST

Jan 24, 2012 (7:14 pm)

Replying to: asteinberg (Jan 09, 2012 10:43 pm)
Hi asteinberg. This month it's tough because the awesome dealers aren't out there like they were in December. The BMW X3 and potentially even the X5 were better deals than the Q5 last month. They're still pretty close. The Acura MDX and RDX are likely cheaper as well. So is the Cadillac SRX and probably the Lexus RX 350, Lincoln MKX, & Mercedes-Benz GLK350.
 
The 2011 ML was a better deal, but certainly not the redesigned 2012 model. It's really expensive right now.
 
There's a ton of really nicely appointed SUVs out there that just don't have the "luxury" nameplates as well.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#661 of 970 Re: Money Factor [hakinet] by Car_man HOST

Jan 24, 2012 (7:17 pm)

Replying to: hakinet (Jan 12, 2012 6:17 pm)
Here you go hakinet. Audi Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2012 Q5 2.0T Premium Plus with 15,000 miles per year are .00155 and 51%, respectively for consumers who qualify for its top credit tier.
 
I suspect that the pricing for the Audi Supplier Purchase Program is 6% of of the vehicle's MSRP, including the destination charge and any factory-installed options, but I haven't looked into the program specifically.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#662 of 970 Re: 2012 Audi Q5 in Texas [oldfatslow] by Car_man HOST

Jan 24, 2012 (7:19 pm)

Replying to: oldfatslow (Jan 19, 2012 6:08 am)
HA, I love the username, oldfatslow. You're right, the money factor that you were quoted is way too high. Audi Financial Services' current buy rate for a 2012 Q5 2.0T is .00155 for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#663 of 970 Re: Money Factor [Car_man] by oldfatslow

Jan 25, 2012 (12:20 pm)

Replying to: Car_man (Jan 24, 2012 7:17 pm)
The way the supplier program was explained to me (and on the FAQ on the website) you simply take MRSP minus destination and mulitply by 6%. You then subtract that amount from the MSRP and you are good to go.

#664 of 970 Audi Q5 3.2 Premium Plus Lease by mineshg

Feb 06, 2012 (10:26 pm)

Hello,
 
I am new to leasing a car and this is my first time.. I really like the Audi Q5 and i live in Chicago where the taxes are pretty high. The tax is 9.75% and i have to pay taxes on the entire amount of the car. I got some quotes from a couple of dealers which I feel are ridiculous. For a Q5 3.2 Premium Plus with Navigation, 12,000 miles for 39 months with $5000 down, they are quoting me $700/month which I feel is too high. The MSRP of the car is around $46,500. After this the residual which they are claiming on the car is 53%. What would be the monthly cost which I should consider as a good deal for the above configuration of the car?? Also these dealers claim that they cannot negotiate anything on their offers since there are no Q5's in the market and there is a wait time of at least 1 month. Please advice.

#665 of 970 first time leasing help by hannasmomjo

Feb 10, 2012 (10:51 am)

Hi and thanks in advance. I am looking at one of the top 6 luxury crossovers to lease. Audi caught my attention. I read not to tell dealers I am leasing but to get a buy price. How does one negotiate a lease price. I am great at doing so for purchases. I don't unerstand, carman, the numbers and %I you have put out. Perhaps if I tell you my budget is 500/mo and though hubby would prefer 0the down, there wont be a car in this category for that. So let's say I put 5,000 down on the Audi Q5 premium, what would a dealer tell me and what would I expext to negotate to?
 
By the way I am in MA and am looking also at bmw X3 and the. Mercedes. Whichever one is iin the same range.

Messages Page 67 of 98

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