Last post on Dec 05, 2013 at 8:16 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Audi Q5, Car Buying, Car Leasing, SUV
#852 of 1112 My first Audi, coming from BMW...good deal?
Jan 19, 2013 (1:18 pm)
This is the deal my Florida Audi dealer gave me today, is it good? Can you negotiate money factor and residual? Is this a good deal?
2013 Q5 2.0 Premium Plus
Audi Advanced Key
Selling Price: $42,983
Miles per year: 10,000
FL State Tax is 7%
Dealer Fee + Doc Fee: $971
Down Pmt: $0 / $2,500 / $5,000
42 months: $707 / $639 / $573
This would be my first Audi and I don't want to get ripped off on the payments.
#853 of 1112 Re: My first Audi, coming from BMW...good deal? [jnew00]
Jan 19, 2013 (2:09 pm)
The dealer should provide you with the MF and residual for the Q5 (both are set by Audi) - if they do not would walk away from the deal. The monthly payment seems high by about $50 to $60 a month (not sure how FL handles the taxes). The last MF / residual I saw for this vehicle type was .00163 (x2400 = 3.91%) and 52% (think AudiCare may add 1% to that). Might also want to look at a 39 month lease - residual comes up to 54%.
#854 of 1112 Re: My first Audi, coming from BMW...good deal? [jnew00]
Jan 19, 2013 (6:35 pm)
I would look at the 36 to 39 month lease and find out the money factor and residual from this site. Go with Audi Care for maintenance and 1% increase of the residual, it is worth it. The dealer and doc fees in Florida are very common, very hard to not pay, and are all for extra profit. Up front expect to pay bank fee, motor vehicle fee, 1st month, and the $971. You can add the bank fee and $971 to the cap cost and put less money down.
#855 of 1112 Re: 2013 Q5 Hybrid Prestige [ajitpk1]
Jan 20, 2013 (7:12 am)
Certainly ajitpk1. Audi Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 Q5 Hybrid Prestige with 15,000 miles per year are .00162 and 50% for consumers who qualify for its top credit tier.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Prices Paid: Buying & Leasing Experiences Forum
#856 of 1112 Re: 2013 Q5 Hybrid Prestige [Car_man]
Jan 20, 2013 (6:08 pm)
I've seen the new MF/Res for the Q5 2.0 Premium Plus for 12k and 15k, but what about the 10k? Is eoghan27 correct in it being .00163/52%? With AudiCare adding 1%? I looking at the 39 or 42 month lease.
Also, thank you eoghan27 and mlevine for the useful information!
#857 of 1112 2013 Q5 3.0T Premium Plus + Nav+ B&O
Jan 23, 2013 (4:41 pm)
Here are the lease rates that I got from my dealer for a 2013 Q5 3.0T premium plus with MMI and
Spl Price - $46743
MSRP - $49670
12000 miles/ 36 months
Minimal payoff - $1999
Monthly before tax - $683
Residual - 56%
Money Factor - 4.5
Is this a good deal?
#858 of 1112 Re: 2013 Q5 3.0T Premium Plus + Nav+ B&O [qforce0]
Jan 24, 2013 (8:54 am)
#859 of 1112 Re: 2013 Q5 3.0T Premium Plus + Nav+ B&O [qforce0]
Jan 24, 2013 (3:20 pm)
When I run the numbers, I get around $665/month based on the criteria you have provided. Not sure what the 1999 up front is for if you are rolling the taxes into the payment? First month payment plus something else? Is part of that money going towards reducing the cap cost? The money factor seems padded as well - 4.5%, seems high for this vehicle (think it is around 3.9% right now). The dealer is definitely hiding some fees in the monthly payment. Would get a complete breakout of all the numbers and re-nogiate the money factor. The actual price of the Q5 does not seem that bad (would never pay more than $500 over invoice).
#860 of 1112 Re: 2013 Q5 3.0T Premium Plus + Nav+ B&O [eoghan27]
Jan 24, 2013 (8:02 pm)
Thanks a lot for reply eoghan27
Here is the breakdown I got,
cap cost - 46743+695(acq)+80(doc)+414(lic) +437.75(cap fees) = 47261
down = 1510 (755.67(1st month) + 754.94(???)
Residual - 0.55
rate/money factor = 1.9
The monthly payment now has gone up to $755.67(w/ tax)
What do you think?
#861 of 1112 Re: 2013 Q5 3.0T Premium Plus + Nav+ B&O [qforce0]
Jan 25, 2013 (3:04 pm)
Seems about right for 36 months - would definitely be in the mid -700s a month. Good luck - the Q5 3.0 is a great vehicle!