2019 Audi Q7 3.0 lease - good or bad?

Ask the Hackrs
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1

Hi all - how does the deal below look?
Feedback greatly appreciated!

2019 Audi Q7 Premium 3.0
Southern California
$62k MSRP
Cap Cost: $55k
Residual: 56%
36 mos
12k miles
$3,500 out of pocket
$699 inc tax

2

$4000 dealer discount is all they gave you ?
Did you figure in the $3,000 incentive that is currently going on for the Q7 3.0 ??

3

They gave me the $1,000 Season of Audi incentive for a total drive off of $4,500 (customer cash + incentive).

I believe the $3,000 incentive you are referring to was a) for 2018 3.0s and b) ended in Nov? I would love to be wrong, of course.

4

I’m trying to get a Q7 3.0 Prestige among other cars I’m considering. Its a tough nut to crack! When you find a demo, the residual is lower. Getting a Q7 where the payment is 1% of the MSRP would truly be a unicorn at this point.

5

You won’t get the 1% on a Prestige but last month you could get 1% on a 2018 3.0 Premium Plus before stock disappeared. The last few weeks has been the best period to lease an Audi Q7 in years.

6

I just got an ‘18 Q7 @ 1%, but I did a one pay lease. Using MSD would have yielded a similar result.

Msrp of my Q7 is 63.5k and effective selling price was 51.9k after all incentives. I qualified for loyalty.

7

What state did you get that in? Was it for a 3.0 prestige?

8

Original poster here - just want to add that I am just trying to understand directionally whether the current deal I’m looking at is good, OK, or bad. For example, on a scale of 1-10, with 1 being a rip off and 10 being the best deal ever, where does it land for an Audi lease?

2019 Audi Q7 Premium 3.0
Southern California
$62k MSRP
Cap Cost: $55k
Residual: 56%
36 mos
12k miles
$3,500 out of pocket
$699 inc tax

9

It’s a 2019 which has just come out so there’s not much to compare it to, other than a 2018 model which have brought much better numbers recently. Personally I would go for a Premium Plus if I could get the MSRP within a couple of $k’s of your MSRP as you’ll get significantly more features and a better residual, so will be similar or only a little more money.

As Michael on Edmunds told you, ditch the money down or use it for MSD’s. Add Audicare to reduce your servicing costs.

10

The deals will be on a premium or P-plus.

Not prestige.