This is my first time leasing a car and trying to learn as I go. Local dealership sent me this worksheet - given its an EV I want a short lease as I imagine the tech will evolve a lot in the next 2 years. I’m looking at 24 mo, 12k miles.
A couple questions; when I put this in the calculator I don’t get the same numbers as the worksheet, but I can’t spot what’s different.
You can check the LH pre-negotiated deals to use as a benchmark. The advertised deal I believe is $8,500 off msrp or something similar, so you should set your target discount higher. This is all regional of course, but the market is definitely softening and the q8 e-tron isn’t exactly in high demand from what I can tell. It’s also September and the 2024s will be replaced by the 2025s within the next few months.
I’ve had both and the iX is a much better car and ever better value. But OP, without even knowing if the MF is marked up the discount is poor and the payment is awful.
Ah thank you! That one is much cheaper, but when I change it to 24mo / 12k miles its closer to what I’m looking at here in Oregon. Seems like the biggest difference is the discount. I’m looking at 6.5% and they’re advertising 8.5%
The q8 is already on a pretty outdated platform. Not sure if an extra year will make that much difference. At any rate, there should be a little extra meat on the bone when it comes to discount off msrp.