945 messages,
Last post on May 19, 2013 at 7:41 AM
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Audi Q5, Car Buying, Car Leasing, SUV
#754 of 945 Re: Lease Turn In Question [crossover1]
by flyersrule
Oct 05, 2012 (6:19 am)
Three years back I was looking for a Q5 but because of limited availability and pricing I ended up going with a Lexus. My 2010 Lexus RX 350 lease is up next month. The purchase price is around 30k. I have 32000 miles on it. I am thinking about buying it. What would be an acceptable price for the car? Who do you negotiate with, the dealer or Lexus Financial services? Do I have to go back to the original dealer or can I use any dealer? This is my first lease, this is all new to me. How do I start the negotiations process?
Thanks
Mark
#755 of 945 October Numbers?
by aham23
Oct 05, 2012 (9:04 am)
Just looking started looking at leasing a 2013 Q5 2.0T Premium Plus. I am not seeing to many dealers budging on pricing though.
What are the OCT numbers for both a 36 and 39 month lease wit 15k miles per year. Thank you!
#756 of 945 Re: Hoping to lease Q5 2.0T Premium Plus [Car_man]
by erickropp
Oct 06, 2012 (6:44 pm)
Hi Car man
I am about to lease a 2013 q5 2.0 premium plus and the dealer told me for 42 months the money factor is .00189 which is higher than the .00179 I expected. Residual 54.
Has the rate changed? Can the dealer change the rate to make more money, is this possible? The only reason I ask is because I negotiated a good price and am wondering if they can raise the rate without telling me to make something back?
Thanks in advance.
#757 of 945 Re: Hoping to lease Q5 2.0T Premium Plus [erickropp]
by erickropp
Oct 06, 2012 (6:45 pm)
Forgot to mention 12,000 miles a year.
#758 of 945 Re: Hoping to lease Q5 2.0T Premium Plus [erickropp]
by erickropp
Oct 06, 2012 (6:54 pm)
Also if they did mark it up can I make them change it to .00179 if I already gave a deposit and did initial paperwork? I haven't signed the final papers yet. Can I just tell the finance guy that the rate is wrong and insist he changes it back to the AFS rate?
Thanks
#759 of 945 Re: October Numbers? [aham23]
by Car_man HOST
Oct 10, 2012 (3:29 pm)
Here's the information that you're looking for, aham23. Audi Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2013 Q5 2.0T Premium Plus with 15,000 miles per year are .00159 and 56%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 39-month lease are .00179 and 54%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#760 of 945 Re: Hoping to lease Q5 2.0T Premium Plus [erickropp]
by Car_man HOST
Oct 10, 2012 (3:33 pm)
Hi erickropp. The money factor for a 42-month lease of this car has not changed. It's still .00179 for consumers who qualify for its top credit tier. Are you having your vehicle's security deposit waived? While Audi often runs specials that waive its vehicles security deposits for free, technically the dealer needs to mark up vehicles' money factors for consumers who do not want to pay a security deposit at lease signing. This is one possible explanation for the difference.
Another is that the dealer is marking your vehicle's money factor up. Dealers are usually allowed to mark banks' buy rates up to add additional, back-end profit to deals. This sort of thing is quite common at luxury brand dealers.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#761 of 945 Q5 3.0T lease rate
by audibg
Oct 12, 2012 (12:02 pm)
Hey Car_man,
I am about to lease a 2013 Q5 3.0T, could you tell me what the Oct buy lease rate is for 10k miles per year and a 36 month lease. Many thanks
V
#762 of 945 2013 Lease amount Paid
by asplatt
Oct 12, 2012 (2:20 pm)
Hey,
I just leased a 2013 q5 premium plus 2.0 with navigation and advanced key for $1200 down and $695 a month including tax. I have it for 36 months and 10k miles per year. Hope this help people.
#763 of 945 Re: 2013 Lease amount Paid [asplatt]
by anh3
Oct 12, 2012 (4:00 pm)
was your $1200 down toward 1st month payment, bank fees, deal doc fee....? or was it for Cap reduction?
I'm negotiating same car, 2013 Q5, 2.0 w/ prem. plus, advance key, and Navi.
36 mos, 12k/yr. So far I'm being quoted:
MSRP $46,845 selling $45,054
$1095 up front for bank fee and dealer doc fee
$687/mo include tax
money factor is .00179
I'm being told Audi wants security deposit if I haven't leased an Audi before?!
thanks,