Hello Friends,
Received this deal on a 2024 Audi Q5 40 Premium Plus -
The monthly $$ seems unusually high.
Also, I am having trouble with understanding how the “Due on Delivery” part was calculated. As per my naive understanding, DAS should be Upfront charges + 1st month payment i.e. 1975.90 + 759.85 = 2735.75. Guessing there is some catch with “Customer Cash” listed in the quote.
Can anyone help clarify this & whether the dealer is not trying to rip me off?
DAS can be anything. If you try to fill out the calculator more people can help you.
You are forgetting about the cap cost reduction assuming you give them $2500. Your $2500 plus the $2500 rebate minus the upfront costs results in the cap cost reduction used to calculate your payment. Without your $2500 the cost will be another $60 a month added to an already astronomical lease payment for a Q5. Q5s don’t lease well. Get an e-tron instead.
Umm… wait so my 2500 payment doesn’t count towards the upfront fees but towards downpayment? That’s a bummer.
I thought,
I’ll look around for a better Discount on MSRP. I’ve reached out to someone in the Bay area who is willing to honor this Q5 PND, is that better?
Get a 23, no difference
You’re wasting your time trying to get a deal on a Q5.
Your adjusted cap = sell price - cap reduction
= 51,253.50 - 2,264.25
= 48,989.25
Base Payment = 0.00297 x (48,989.25 + 32,715) + (48,989.25 - 32,715) / 36
= 694.72
Monthly Payment = 694.72 + tax @9.375%
= 759.35
5,000 = 2,500 Customer Cash + 2,500 rebate
Upfront Charge = 895 + 691.75 + 85 + 304.15 = 1,975.90
Of the 5,000, 1,975.90 is allocated to upfront charges (excludes 1st payment), 2,264.25 is allocated to cap reduction and 759.85 is allocated to your 1st payment. Note that the 1st payment and upfront charge are itemized separately. Why? I don’t know. Therefore, the 2,500-customer cash is due at delivery (DAS).
Hope this helps.
Following up on the advice I received in Deal Check - 2024 Audi Q5 40 Premium Plus Quote?
I managed to find a 2023 Q5 P+ with the packages I am interested in. The dealer has for now agreed on 11% discount as I asked.
Details:
2023 Q5 P+
MSRP: 59,400
MF: 0.00297
Audi Rebate: 5,500
Dealer Discount: 11%
Agreed to do DAS = 1st lease + Taxes + fees
Does this seem like a good deal?
I am wondering if I should be aiming for more % off MSRP since this is 2023 model.
Signed a 23 p+ q5 for 492 with $2600 DAS no MSDs
Where are you located
I am in Bay Area, but I can consider so-cal leases
I just picked mine up in NorCal. If you are serious about one message me with options you want. You might be able to get something. There are only 3 left between the two dealers so you will have to go tomorrow. See my exact numbers posted.
Thanks, this should be the updated calculator based on my research for 23’ Q5
With 0 MSD
7.5k/36: 582 + Taxes
12k/36: 612 + Taxes
I will chat with the dealer and see if they can do MSDs
With 10 MSD, 7.5k/36 drops to 545 + Taxes
@Carbuster1 I checked out your lease post and seems like you got a 13% discount on MSRP. I’ll try to get there 
. Apart from that, I don’t qualify for CPO + Fleet discounts you got, so that’s the max I can reach. With 13% discount, it should be $546 + Taxes which seems reasonable hack for a 59k MSRP car
CPO you don’t have to qualify, those you just have to find a dealer who has the certs. Audi $500 just join penfed and put a few dollars in savings acct. It’s all online takes 5 mins.
That’s not right. The Audi discount is $5500 directly from Audi, not $2500 on a 23.
Oops… updated the calculator link. Thanks for the other tips
Your fees are wrong California will charge you $550 just on the rebate from Audi. So your acquisition is most likely rolled in. I would definitely push for 13.
Pen Fed has 60 day waiting period before you can generate a certificate.
Oh didn’t know that.
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