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

#889 of 949 Re: New Aud Q5 Lease [dnp9999] by speedyhen

Feb 25, 2013 (11:25 pm)

Replying to: dnp9999 (Feb 25, 2013 8:34 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

#890 of 949 Re: New Aud Q5 Lease [speedyhen] by mlevine

Feb 27, 2013 (3:34 pm)

Replying to: speedyhen (Feb 25, 2013 11:25 pm)
I agree with you very high lease payment. Suspect the deal may be better as the sweet spot for this lease is probably at 36 months rather than 42 months. If you could wait for March, may be able to get better deals on not only audi, but other manufacturers. This month money factors seem to be higher and incentives less or even non-existent.

#891 of 949 Re: New Aud Q5 Lease [dnp9999] by Car_man HOST

Mar 03, 2013 (9:23 am)

Replying to: dnp9999 (Feb 25, 2013 8:34 pm)
I agree with the consensus. The Q5 is a really nice vehicle, but I can't ever imagine spending nearly $700 per month for one. That's a lot of money and would could get something truly amazing for that much.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#892 of 949 2013 Q5 2.0 Premium Plus lease no - please advise by striders

Mar 03, 2013 (11:12 am)

Hello all,
 
Just want to get your input on the following lease number for a 2013 Q5 2.0 Premium Plus with Advanced Key and 19" Rim:
 
MSRP: $42,550
Negotiation prices: $40,990
Trade-in value: $3,500 (positive - goes towards down payment for cap cost reduction, tax, 1st month, etc.)
Residual value: $21,646 (dealer said res value is based on MSRP, NOT net cap)
Rent charge: $4,125.89
 
Lease length: 42 months
Mileage: 12,000 miles / year
 
Monthly total: $567 (tax included)

#893 of 949 Audi Q5 3.0 Premium Plus by estebanbruin

Mar 11, 2013 (11:21 am)

Hi Car_man, can you please post new March lease details for 2013 Audi Q5 3.0 Premium Plus based on 12,000 miles for 36 months? Is there a better lease term (39, 42) and if so can you post those numbers as well? Thank you so much.

#894 of 949 Color on my 2013 audi q5 by sylwio30

Mar 13, 2013 (4:36 pm)

Hi I lease Audi Q5 2013 few weeks But I am not sure if I like the color Do anyone know If I can switch the car for the different color Thanks For your help

#895 of 949 Re: New Aud Q5 Lease [Car_man] by tkh1

Mar 14, 2013 (8:19 pm)

Replying to: Car_man (Mar 03, 2013 9:23 am)
Car_man: Just curious: What would you consider "truly amazing" at this payment level ($700/mo) ?
 
tkh1

#896 of 949 Q5 New Lease or Used Buy? by brewin

Mar 15, 2013 (9:27 am)

Hello Car_Man and all, based on all the useful data on this forum, I am trying to decide whether it makes more sense to lease or buy used, with $15,000 cash today (combined value of trade-in and cash on hand).
 
Here are the inputs for the lease:
Description: 2013, 2.0T, Premium Plus, and MMI
MSRP: $45,920
Residual: 55%
Invoice: $42,770
Lease term: 36 months
Money factor (MF):0.00141 (thanks car_man)
Cap cost reduction: $3,000 (keeping $12k cash)
Calculated Payment: $494.85 + tax, or $540.63 (with 9.25% tax)
Total 3-year payments: $19,462.58
 
At the end of the 3-years, I'd have paid about $19,500 for the lease. Q5 would be "worth" $25,000 then. Assuming I purchase the Q5 at the end of the lease ($15,500 loan, 3 years, 3% interest), then it would cost another $16,500 in payments, bringing the total to $36,000 in payments over 72 months or about $500 per month.
 
Here are the inputs for the used buy:
Description: 2011, 2.0T, Premium Plus, Navigation, 36,000 miles
Used: $35,000 + $4,500 (costs)
Down: $15,000
Loan: $24,500
Rate: 1.75%
Months: 48
Payments: $530
Total Payments: $25,440
 
Even though used prices seem very high these days (compared to residual percentages), 48 payments * $530 = $25,500. This appears to be a savings of $10,500 over 6 years or $1,750 per year, buying used instead of leasing.
 
Am I look at this the right way? Even if used Q5 prices seems higher than expected, would it still make sense to go the used route (understanding we may have different priorities, etc.)?

#897 of 949 Re: Audi Q5 3.0 Premium Plus [estebanbruin] by Car_man HOST

Mar 24, 2013 (5:31 am)

Replying to: estebanbruin (Mar 11, 2013 11:21 am)
Certainly estebanbruin. Audi Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2013 Audi Q5 3.0 Premium Plus with 12,000 miles per year are .00143 and 55% for consumers who qualify for its top credit tier.
 
The numbers for 39- and 42-month terms are .00163 / 53% and .00163 / 51%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#898 of 949 Re: New Aud Q5 Lease [tkh1] by Car_man HOST

Mar 24, 2013 (5:38 am)

Replying to: tkh1 (Mar 14, 2013 8:19 pm)
Hi tkh1. I haven't run payments on every vehicle out there this month, though some times it seems like I have . The one vehicle that I always personally use as a high-end luxury vehicle lease reference point in my mind is the BMW 7-Series. To me, that's one of the best luxury vehicles out there, so if any other car or truck out there costs more than a 7 to lease then it's not a good deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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