Last post on May 20, 2013 at 3:16 PM
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Audi Q5, Car Buying, Car Leasing, SUV
Feb 13, 2013 (11:32 am)
car_man & kyfdx,
Need some info - can you give me the MF and residual for the vehicle below?
I am looking at a 3 yr 36k lease on a 2.0 Q5 Premium. The only upgrades on the unit I want are the metallic paint, lighting package and heated front seats.
Also - do you know what MSRP is for the Audi Care? As far as I can tell, it is basically 3-4 oil changes and some "inspections" that they typically do when the car is in for service and I am trying to find out if it is overpriced.
Lastly, are there any special incentives on the Q5 other than what is posted on Edmunds?
Thanks for your help,
#881 of 949 Re: Basic Q5 [albert72]
Feb 14, 2013 (8:42 am)
I would go for audi care as it increases the residual value by 1%. On a 3 year lease, you will need only 3 scheduled maitenances for this SUV. It does not cover brakes or tires.
#882 of 949 Re: Basic Q5 [mlevine]
Feb 15, 2013 (7:36 am)
Thanks. I did a bit of research. Looks like it covers 15k, 25k, 35k & 45k service. At 35k, they change the spark plugs and some other stuff. Interesting that they push it for people who are getting 3yr 36k leases as the 35k service basically preps the car for when it goes off lease and is sold so in some respects, I am absorbing the cost of Audi certifying the car.
Dealer quoted me an additional $300 for Audi Car spread out over the life of the lease so it is not unreasonable. I think at 2 years it covers brake fluid. Also, in the past, the 4 cyl engines had sludge problems for a variety of reasons not the least of which was owners not following oil change protocol.
#883 of 949 Re: Basic Q5 [albert72]
Feb 15, 2013 (1:23 pm)
At $300 its worth it, plus the extra increase of the residual by 1%. I would check the price of the 3 services needed. Will be much more than audi care costs. I also believe it may not cover tire rotations, but I recommend you go to a tire place for this anyway.
#884 of 949 Q5 2.0T Lease "Special" - is this a good number?
Feb 17, 2013 (12:09 pm)
My local dealer in Long Beach, CA offered a "special" lease with the following:
2013 Q5 2.0T Premium
- No security deposit required
- $3,999 down, 1st payment, tax, & fees due at signing
- 10,000 miles/year
- 42 months
Must qualify for Audi Loyalty Incentive. $0.25/mile for every mile over 10,000 miles.
I am approved for Audi FS top-tier credit.
Feb 21, 2013 (8:15 am)
So I gave a check for $1500 after reaching a deal on a Q5. The exact vehicle was to be shipped from about 3 hours away and I would have it within a week. The next day the dealership called me and told me the car we had discussed was actually already sold. Shouldn't they have known this prior to taking my deposit and having me sign papers? The entire thing now seems shady and it's as if they just wanted my signature and deposit and would find the car later. Now they are saying there is one on a boat and it could be 10 days or maybe a month. This does not work for me. Am I able to get my $1500 deposit back since our original agreement terms have changed? I simply do not want to work with this dealership and want out of the deal. Thanks!
#887 of 949 Re: Basic Q5 [albert72]
by Car_man HOST
Feb 21, 2013 (6:02 pm)
Hi albert72. Audi Financial Services' buy rate lease money factor and residual value for a 36-month lease of a 2013 Q5 2.0 Premium with 12,000 miles per year are .00141 and 55% for consumers who qualify for its top credit tier.
I believe that the MSRP of Audi Care is $740. Ir provides service at 15,000, 25,000, 35,000 and 45,000 mile intervals. That's $185 per service, which seems fairly expensive to me for a leased vehicle where I personally would only change the oil and rotate the tires.
There is a $1,000 owner loyalty cash incentive on leases of this truck. That's the only cash that I'm aware of.
Prices Paid: Buying & Leasing Experiences Forum
#888 of 949 New Aud Q5 Lease
Feb 25, 2013 (8:34 pm)
I got the following figures for a new Q5 lease.
2013 Audi Q5-Prem Plus
Lease Period-42 Months with 10000 miles per year
Monthly Payment - 670 USD (final negotiated price).
Is this a good deal ???
Any help is appreciated.
#889 of 949 Re: New Aud Q5 Lease [dnp9999]
Feb 25, 2013 (11:25 pm)
that sounds like a ridiculous/terrible deal to me. $670 for a q5 thats worth 45k?
id suggest looking at the cadillac srx or the lexus rx