New to the forum! I was offered the following in SoCal - Los Angeles:
MSRP $62435
Selling price $55970
Residual at 12k miles/year is 57%
MF .00145
Adj Cap cost $53608
$5000k downpayment.( includes 1st payment , acq fee, DMV fees )
No incentives at this time or Rebates
$629+tax /month
$5K down
36 months and 12k miles a year — This is my first lease I’m negotiating completely myself and want to see if it’s a good deal or if I’m missing anything. Any suggestions are much appreciated!
That quote is atrocious. TBH the car is a dinosaur and honestly no one should touch one until pricing reflects how obsolete it is.
Same thing was said about the Volvo XC90 a few months ago and now it’s on clearance. Virtually guaranteed the same thing will happen on the Q5 because it’s just not competitive any more.
Check out the Marketplace instead for the brand new GLC350e hybrid
I had a 2024 Q5 that I used for a weekend as a loaner, it just didn’t have the black optic package and 21" wheels. It really felt like a dinosaur of a car and I’m not sure the MSRP is justified. I was surprised that I couldn’t sit in front of my kids car seat after I had installed it. I was pretty disappointed with it and crossed it out from my list.
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