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
#952 of 1112 Re: Payment help [redline325]
May 28, 2013 (11:39 am)
OK, so I'm answering my own question here since I went by the dealer today. Car is a 2014 Q5 3.0T Black Pearl/Black, S-line, sport interior, MMI, B&O. MSRP is $52,670. I have an Audi Friends & Family cert so that gets me $300 over invoice. They initially tried to add in over $800 of advertising fees and I told them no after a lot of back and forth. Also they initially tried to use .00159 as the money factor. I wound up with .00139 and 55% residual on a 36 month lease 10k miles. $5,000 down and $646 a month after tax (9%)
Is this as good as I can get? Or should I push a bit further?
#953 of 1112 Re: Payment help [redline325]
May 28, 2013 (11:49 am)
My message is right above yours. No one responded to mine, so I thought we could help each other! After being unsure about the deal I was offered, I emailed 5 other dealerships in the area. Over the past couple of days I have gone back and forth and the best deal I could find was only about $10 a month less than what I was offered. There are so many variables. I think the best thing to do is simply email other dealers and see if they can beat your price. If they cannot do much better, and you like the dealership, I would assume you got a good deal and stick with it.
#954 of 1112 Re: Brand new member and brand new q5 help! [jls008]
May 28, 2013 (12:23 pm)
I think you have some room to move lower than $800 above invoice, shoot for $300 above. These dealers say the cars are limited and in demand but that's not true. I was looking at a V6 Cayenne and the Porsche dealer (same owner & attached to Audi dealership) told me that Porsche doesn't discount because the cars are in demand and the Audi's are "distressed inventory" They want to dump 2013's before the '14's come in. You don't need to buy a new car, but they need to sell cars.
#955 of 1112 Q5 May Lease rates
May 29, 2013 (12:42 pm)
Please can you confirm the money factor and residual for both the 2.0L and 3.0L for 36month 30000 and 36000 mile leases assuming +720 credit and -720 credit?
I am also being told that my 2000 downpayment will go towards license and registration etc with less than 10% going against reducing the cost of the vehicle.
Is this normal?
#956 of 1112 Re: Q5 May Lease rates [russ495]
May 29, 2013 (3:36 pm)
Hi russ495. Audi Financial Services' May buy rate lease money factor and residual value for a 36-month lease of a 2013 Q5 2.0 Premium Plus with 12,000 miles per year are .00139 and 54% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical '13 Q5 3.0 Premium Plus are .00139 and 54...interestingly exactly the same.
The residual values for leases of this truck with 10,000 miles per year would be 1% higher.
At lease signing consumers typically have to pay their vehicle's first month's payment (in this case say $500+) and the acquisition fee (AFS charges $695). Those two things alone will add up to $1,200. I'm sure that the dealer will have to charge you some sort of fees for license, title, tax etc. on top of that. They may try to slip some dealer fees in there as well to pad their profit.
Prices Paid: Buying & Leasing Experiences Forum
#957 of 1112 Re: Q5 May Lease rates [Car_man]
May 30, 2013 (7:23 am)
What would be the Residual and money factor on a Premium 2.0 on a 36 month, 20k per year mile lease? Thanks!
#958 of 1112 How do we calculate the impact of MSD's?
May 30, 2013 (8:31 am)
To anyone who can help:
Audi financial allows 9 additional security deposits (a total of 10). Each deposit effectively reduces the money factor (interest by another name, of course).
If the sec dep is -- for the sake of argument -- $600 (even if it is NOT technically required) how much of an impact does each additional deposit make (if it is linear) or, is there someplace to plug in the sec dep and "see" the mo payment drop?
I read somewhere that the sec deps would drop a payment by $50. Is that ONE sec dep, SEVEN sec deps, etc?
I would also gather that the most accurate answer is only correct for a maximum of 30 days -- so, what I would most like to know is the "formula" that is used.
I still see people here on Edmunds wanting to (or at least planning on) making cap cost reductions out of pocket. Truth be told, we leased a new Infiniti FX in 2010 and our start up costs included about $3K as a "down payment." Of course that money is gone now. Had we made a $3K or more MSD instead, we would be getting a check back from Infiniti at the end of the year -- but the unknown is what the MSD's impact regarding LOWERING the mo pmt is.
Thanks for your help.
Confused in Cincinnati . . . .
#959 of 1112 Carman Lease rate please
May 30, 2013 (9:05 am)
I would like to know the MF and residual for (3yr. 10k/yr):
1. Q5 2.0T Premium Plus
2. Q5 3.0T Premium Plus
#960 of 1112 Re: How do we calculate the impact of MSD's? [markcincinnati]
by kyfdx@Edmunds HOST
May 30, 2013 (9:46 am)
I don't have the specifics on Audi's MSD program, but I can give you general answers to your questions, as I've done MSDs with both BMW and Infiniti..
BMW gives a MF reduction of .00007 per MSD, up to a maximum of 7...
7 X .00007 = .00049 total reduction.. On a typical $50K car, this will save about $40+tax/month (for 7 MSDs)
Infiniti allows up to 9 MSDs, and the reduction is .0001 for each one, for a total reduction of .0009.. Again, on a typical $50K car, this will save about $70+tax/month..
So... the question is: How much of an MF reduction does Audi allow for each of the MSDs? I've seen mentions of .00005 and .00008.. a quick search didn't yield an answer...
Hope that helps...
#961 of 1112 Re: How do we calculate the impact of MSD's? [kyfdx]
May 31, 2013 (10:06 am)
AFS offers reduced Rent Charge Factors when more than one security deposit is collected on the same contract.
Reduce the rent charge factor .00008 for each additional security deposit. Collect up to nine additional deposits over the initial required security deposit for a maximum of 10 total security deposits.
The total allowable security deposit(s) in New York is $749 Multiple Security Deposit Discounts are not available with a Pre-Pay Lease. The minimum Rent Charge Factor may not be less than .00005 and cannot exceed five decimal places.