I was recently given this offer from the Audi dealer in Omaha, NE for a 2019 Q5 Premium Plus. This doesn’t look great to me, but I’m far from a lease expert. Any advice is much appreciated:
Lease Term: 36 months/10K miles
Make: 2019 Audi Q5 Premium Plus with cold weather package
MSRP: $50,700 (The window sticker has an original MSRP of $52,200, but the sales person says it has been dropped to $50,700 and that was the MSRP quoted to me).
Selling Price: $44,469 ($45,219 - $750 rebate)
Residual: 52%
MF: 0.00081
Fees: $1,149 ($850 Acquisition fee, $299 documentation fee)
Monthly Payment: $630
There’s $1500 convenience package credit so msrp would be $50700. Base your adjusted cap cost and % off that number. You should be able to get at least 10% before rebate and incentives.
That’s a good starting point. I know CA has $2000 incentive $750 rebate currently. MF/Resi is .00031/52 for 36/10k. If you max msd you should be able to get under $500. Should be able to push for 16.5%+ adj cap cost but then again CA has a ton of dealers.
How about this offer in Ohio…
2019 Audi Q5 Quattro Premium Plus- Cold Weather
MSRP $51,295
GCC $45,000
Rebate $750
Down $1,600
Res $25,647.50
39 month lease
Monthly $567.80
Hi all…a bit wrapped around the axle on this one. Leased many times but first time asking here.
Looking at a 2019 Q5 P+ configured as most are right now with warm weather, cold weather, 20" wheels, B&O audio, etc… Dealer has over 30 cars and there are many here in the SF Bay Area.
Deal is:
MSRP - $55,395
Sell - $47,541
Term - 36/12
MF - .00045
Res. - 51%
Nothing down, standard drive off (license - $640, plus first month) would be $1284.
I keep coming up with $595 ($644 w/local sales tax) and he shows $612/$665. I am confused about the $750 post sale rebate. Am I folding that into the wrong place? Does that reduce my drive-off or does it count as a cap reduction/down payment?
Question: is this a good deal? Seems that with the $2000 from Audi (which I also assume is going to reduce the selling price) they should be moving 2019s more aggressively. Wrong?
Love to hear your thoughts. Many thanks and love the website.
BTW, this is all with the assistance of a broker who I have worked with for years and leased many cars through.