2017 Audi A7 Competition

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

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

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.

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.

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.

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:

That seems about right

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.

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

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