2017 Audi A7 Competition

Ask the Hackrs
1

Hey, I am about to lease a 2017 Audi A7 Competition in Texas. Want some help on the lease if I am getting a good deal or not.

MSRP - $81065
$5000 down
$996/month for 42 months
10,000 miles a year.

Thoughts? Thanks

2

An ideal deal would be $0 down and $810 a month per the 1% rule (monthly payments should be 1% of the MSRP)

Putting money down is nothing but risk because if the car is totaled, any money down is lost

3

Thanks. Can you elaborate on the 1% rule. does anyone actually do 0 down? the dealer was telling me that I would have to pay tax and fees up front.

4

You don’t have to pay anything upfront - everything can be rolled in into your lease. But it will significantly increase your monthly payments, of course. 1% is just a rule of thumb. It does not always work, but can be used as a reference point.

5

Thanks Ursus.

So back to my original question. Does that seem like a good deal for an audi A7, ive been driving a toyota corolla for the last 10 years and its been a while since i bought a new car.

6

10 year old corolla into an a7… this is probably the automotive equivalent of a street punk being allowed to pilot the space shuttle :slight_smile:

7

That seems about right

8

Get MF and Residual here or on Edmunds, get sale price from the dealer and calculate payments yourself (http://www.leaseguide.com/calc/). You will get a much better idea than just guessing with the dealer’s quote. Also - I’m not sure if 42 month is a good idea. See what you can get for 36/24 month.

9

Q7’s are selling well and Audi’s notoriously lease bad, best bet is to wait until the winter incentives or shop other dealers.

10

That probably won’t be possible on an Audi with a high MF and possibly no incentives.