Inquire about tax credits, that’s an easy way for them to knock another ~$2k off and it doesn’t cost them anything. Double check the APR 5.53% and make sure it’s base for 48 months. 36/39 won’t be that much more but will save you more on servicing/tires/brakes/etc.
Thank you for your insights. But do you think $550 / month is a good deal with $1750 down (which includes 1st payment)?
I am planning to keep this car after 48 months, so i guess any which was i have to change.
Why wouldn’t you purchase it and get Audi car and extended warranties? The cost over 5/6 years may be better compared to a lease especially considering you may be able to get a lower interest rate this way.
Right off the bat a lease is subject to a $900 acquisition fee that I don’t believe applies to a purchase.
Don’t bother leasing with the intent to buy, just finance it from the start.
I was thinking this as well… there may be different incentives for a purchase as well over a lease. Leasing for 4 years and then purchasing after it doesn’t seem to make much sense since you’re making no principal payments and only paying on depreciation.
Audi Q5 Premium Plus
Just got this offer from Audi in FL.
MSRP $51,935
Final price: $44,892
Residual: 59%
MF: .00236
36mo/10k mi year
0 down
No SD
$599 per month after taxes…
Thoughts?
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In Texas you should definitely not lease to buy unless you get tax credits as you’ll pay 100% tax on the lease, and then tax again on the buyout price, effectively ~150% tax.
It’s a pretty good deal, obviously the Texas sales tax and your negative equity is bumping the cost up. Tax credits or MSDs are about the only way to improve this deal.
If you do want to have a lower lease like payment but with the option to hand the car back, only BMW have a financial product called Owners Choice that does that.
Jeff_Craig, that looks pretty good. What is the pretax amount? Are there any other drive-off fees?
They’re marking up your MF. If you have solid credit, aim for the base MF, which I think it .00147.
Negotiated this Nov 30 in WI
2018 Q5 Premium Plus Tech 36/10
MSRP: 52075
DAS: 925.12 (sales use tax 178.75 + 1st month 582.37 + title/registration 164.00)
monthly including taxes and AudiCare: 582.37
I know not the best deal on here but local dealer couldn’t get close to this and had to travel 90 miles to pick the car up. All done over the phone with the internet sales manager.
Finally closed the deal.
Went with Premium purchase for 48 months.
Down: 1750 (includes 1st payment + TTL + $1000 for my trade in -ve value )
Monthly: $520
Residual : 50% - 25350
So i am closing with another dealer… deal rated at 7.6 in calculator.
2018 Audi Q5 (out of Florida)
MSRP $53,737
Final price: $47940 (-$1,250 year end incentive)
Residual: 55%
MF: .00187
39mo/10k mi year
No SD
$620mo $868 Drive Off (First months payment at signing + Tags)
Poor, Average or Good Deal?
What’s the monthly then? What state are you in?
Oops, $620, i’m in FL
Have a search here on Audicare, for 39 months it will probably make sense as you’ll get 2 services out of it. Might be worth checking with a couple of brokers here and see if they can beat that if you’re flexible on the exact vehicle. I like the Q5 but ~$600p/m is a lot when comparing it to the Stelvio or other similar crossovers.
In the market for Q5 premium Plus , Florida
36 months ,12000 miles
MSRP 52185$
Discount - 7947$
Rebate - 1250$
Adjusted Price - 42987
Taxable Fees - 101
Doc fee - 999$
Tax - 90$
Non Tax fee - 1,180$
Balance - 45358$
With 1000 $ down
584 per month including taxes
Is this a good deal ?
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What’s the incentive from, Season of Audi? What’s the MF?
Discount looks very good but they’re probably bumping up the interest to compensate. Does it include Audicare? For 36k miles probably worth it for 20k and 30k service as it increases the residual.
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Hello ,
It is a 2018 model and dealer said they want to clear the 2018 stocks before 2019 arrives. Not sure where the discounts are from .Money factor .00147 . Yes, It includes Audi care.
For 12k miles and Audicare included in Florida that looks a good deal.