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Audi Q5 Lease Questions

949 messages,  Last post on May 20, 2013 at 3:16 PM

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

Messages Page 88 of 96

#864 of 949 Re: 2013 Q5 3.0T Premium Plus + Nav+ B&O [qforce0] by eoghan27

Jan 26, 2013 (2:28 pm)

Replying to: qforce0 (Jan 26, 2013 12:17 pm)
The MF being 3.38% is definitely better than the 3.0T - most of the dealers have over stock of the 2.0T and limited quantities of the 3.0T - would see if you could get invoice price for the 2.0T. Not sure what is all in the 2K up front, seems high. Also, if you are a repeat Audi customer, you can get loyalty money which is what I will typically use as my down to cover all the fees which makes the deal a 0 down drive off. Not sure if the residual of 55% already includes AudiCare or not, but you should look at that - adds 1% to the residual which will just about absorb the additional cost of that service.

#865 of 949 Re: 2013 Q5 2.0 Lease number [Car_man] by joline0727

Jan 30, 2013 (10:26 pm)

Replying to: Car_man (Jan 10, 2013 4:29 pm)
Hi Car Man
 
I am a first time leaser and my first Audi. Had BMW, Benz, Caddy but never an Audi- i feel like im getting jipped. MSRP is $45,195 for the Audi Q5 2.0 prem plus I was told today 6000 down 36mos lease of $659.55 monthly payment. Can you tell me or help me with numbers. What should I get it for/ask for? I live in Seattle, WA

#866 of 949 Re: 2013 Q5 2.0 Lease number [joline0727] by rr4mywife

Jan 31, 2013 (8:02 am)

Replying to: joline0727 (Jan 30, 2013 10:26 pm)
You are totally getting jipped. I got a quote on the exact car, 12K miles per year, NY registered for $663/month, but with only $1800 out of pocket (bank fee, first month and tags). This payment includes NY taxes rolled into the payments. The dealer gave me the car at invoice. Does not sound like your dealer is discounting the car at all.
 
Hope this helps.

#867 of 949 Re: 2013 Q5 Hybrid Prestige [jnew00] by Car_man HOST

Jan 31, 2013 (2:47 pm)

Replying to: jnew00 (Jan 20, 2013 7:08 pm)
Hi jnew00. AFS' 10,000 mile per year residual values are 3% higher than its 15,000 mile per year residuals.
 
Audi Care does indeed add 1%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#868 of 949 Re: 2013 Q5 2.0 Lease number [joline0727] by Car_man HOST

Jan 31, 2013 (2:50 pm)

Replying to: joline0727 (Jan 30, 2013 10:26 pm)
Welcome joline0727. Since you are new to leasing, 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.
 
$6,000 is way too much money to put down on a leased vehicle. I always advise consumers to make no capitalized cost reduction when leasing. I do so because consumers who make large down payments on leases risk losing part or all of the money that they put down 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, it's much safer to go with a zero down lease.
 
Shoot for a selling price that's as close to dealer invoice as possible and make sure that the dealer uses Audi Financial Services' buy rate lease money factor of .00141 (top credit tier) to calculate your payment.
 
Good luck and let us know if you have any other questions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#869 of 949 Re: 2013 Q5 2.0 Lease number [Car_man] by joline0727

Jan 31, 2013 (3:45 pm)

Replying to: Car_man (Jan 31, 2013 2:50 pm)
Thank you so much for your response! This really helps. As mentioned before I am new to this and not sure how to handle the situation. How would you recommend I get my dealer to give me what I want/ what you have suggested.
 
The Audi dealer I am working with claims that asking for a sale price of 43000 for a 46000 car is below invoice. BMW has recently quoted me a residual of 57% and MF of .00130 and I was using that as a base and asked Audi to do the same. He replied that the requested residual is low and the money factor is below buy rate. He also mentioned that discounts on the Q5 typically dont happen as the demand is higher than the supply and if and when they do its usually hundreds not thousands.
 
Any suggestions? Thank you all in advance!

#870 of 949 Re: 2013 Q5 3.0 Premium Plus numbers [Car_man] by marckymarck

Feb 01, 2013 (11:31 pm)

Replying to: Car_man (Jan 13, 2013 9:13 am)
Picked up my new 2013 Audi Q5 last week, just wanted to share my deal:
 
2013 Audi Q5 3.0 Premium Plus
MMI Navigation Plus
S Line package
Sport Interior
B&O
Sale Price: $49,587
Audi Care $800
Wear and Tear $743
Registration $425
Doc Fee $350
Disp Fee $350
NJ Tax 7%
42month with 10,000 miles/year
MF=0.00163
Residual Value=51%
Money Upfront $4,000
Monthly payment $650
The dealer threw in genuine Q5 rubber mats and bike racks for free, and offered lifetime free oil change.
 
Big thanks to Car_man and everyone posting suggestions on the forum, when I asked the dealer about MF and residual value they were the same numbers Car_man provided.

#872 of 949 Audi Q5 2.0 Premium Plus by hit22

Feb 02, 2013 (8:26 pm)

Went to Audi dealer and got this deal from the grand wizard:
Metallic Paint
Audi Advanced Key
 
10k
36 months
56 residual
.0014 money factor
$3,000 down
 
$475 per month
 
Do you think this is a good deal or keep negotiating?

#873 of 949 Re: 2013 Q5 2.0 Lease number [joline0727] by Car_man HOST

Feb 03, 2013 (7:20 am)

Replying to: joline0727 (Jan 31, 2013 3:45 pm)
I'm glad that I was able to help you out, joline0727. Ideally you are in an area that has a couple of Audi dealers. The increased competition usually leads to better prices.
 
A discount of $3,000 probably puts you at right around dealer invoice. You can look up the exact invoice price of the truck that you want by clicking on the following link: 2013 Audi Q5 Pricing. Shoot for a selling price that's as close to dealer invoice as possible, going to multiple dealers if you have the time and have to to get a good deal.
 
What the dealer is telling you about the Q5 pricing may indeed be true. I have not looked into the pricing for this model in a little while, but the late time I did supply was fairly low and as a result the discounts that dealers were willing to provide on them weren't great. In fact, I'd go as far as to say that if you want to get a good deal on a leased vehicle, the Audi Q5 probably is not the way to go. If you just really like the Q5 and want one regardless of whether it's the best deal, that's a different story.
 
Audi Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 Q5 2.0 Premium Plus with 15,000 miles per year are .00141 and 53% assuming that you qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 88 of 96

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