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Audi Q5 Lease Questions

942 messages,  Last post on May 14, 2013 at 3:32 PM

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

Messages Page 67 of 95

#661 of 942 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
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Prices Paid: Buying & Leasing Experiences Forum

#662 of 942 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
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Prices Paid: Buying & Leasing Experiences Forum

#663 of 942 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 942 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 942 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.

#666 of 942 Re: first time leasing help [hannasmomjo] by Car_man HOST

Feb 15, 2012 (5:44 pm)

Replying to: hannasmomjo (Feb 10, 2012 10:51 am)
Hi hannasmomjo. It sounds as though you are new to leasing. If so, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
 
As far as your down payment goes, you definitely should not put $5,000 down on a leased vehicle. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen or never recovered. Even though it means that your monthly payment will be a little higher it is much safer to go with a zero down lease.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#667 of 942 Re: first time leasing help [Car_man] by radoncgs

Feb 15, 2012 (8:48 pm)

Replying to: Car_man (Feb 15, 2012 5:44 pm)
Hi, Car_man, what should one do when leasing a new car but at the same time you have a trade-in? I assume one can just get the agreed trade-in value from the dealer but not put it as a down payment. Thanks.

#668 of 942 Audit 2.0T Residual Value/MF by westside4

Feb 15, 2012 (11:17 pm)

Hi Car Man,
 
What is the up-to-date Audi 2.0T adn 2.0T Premium Plus Q5 residual value and money factor? Please assume 10,000 miles; 36 months lease.
 
Also, is the Q5 particularly expensive (residual value, Money factor and even interest financing rates offered)? It appears that is particularly expensive relative to the X5 and the Mercedez ML.
 
Lastly, I have spoken to a car broker who tried to indicate that Edmunds pricing model wasn't accurate and led me to a pricing model on Overstock (yes, of all places) was more accurate for this particular car.
 
Thanks for your insight.
 
Thanks!

#669 of 942 Re: Audi Q5 3.2 Premium Plus Lease [mineshg] by mineshg

Feb 21, 2012 (10:49 pm)

Replying to: mineshg (Feb 06, 2012 10:26 pm)
Car_man, can you please advice..

#670 of 942 Should I buy my Q5 when lease ends? by felixny

Feb 23, 2012 (11:22 am)

I would like to get your thoughts on purchasing a Q5 at the end of a lease. My 2009 Premium Plus Quatro 3.2 Audi's lease ends next month, and I have the option to buy it or turn/trade it in. Apparently it maintained its value at 33,600 miles and is very well kept. I could pay the balance off and keep the car as it's been a great car. My hesitation is that it's an older car, it will continue to depreciate, and I will need to purchase an extended warranty (about 2K), tires, and $100 every time I take my car for service to the dealership. I will also need to pay tax on the price of the vehicle, and I am not sure if in general purchasing a car at the end of a lease is a good idea. The good thing is that I was the only owner, took good care of it and I know it's been in good hands. It would also be nice not having car payments (although dishing out 28K would be a bit painful).
 
The other scenario is using its "equity" for a new lease/purchase. If I add the Audi loyalty rebate ($750/$1500 - Lease/Purchase), supplier program discount (6% off MSRP) and dealer incentive (additional $1000) I get about 10-12K worth of a discount for another CPO/brand new Audi. Perhaps a smaller engine or diesel and also newer technology would be nice perks as well. This is tempting, as I could get a more updated car with relatively less worries, and not paying the tax on my previous Audi.
 
Let me know your thoughts!

Messages Page 67 of 95

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