Hi, I’m in LA, and just got this lease offer, I waned to ask opinions before I went through with it. How does this lease for a 2024 Q8 etron look?
I wanted to get your input on the lease offer before I actually go through with it. When inputting the numbers into the lease calculator, the calculated monthly payment a bit lower than the monthly payment the dealership is offering, so I wanted to make sure that I was getting a genuinely good offer.
That doesn’t really mean anything. It just means your inputs were different from their inputs.
Depends on how you’re defining a good deal. As the oldest and least competitive car in its segment it should cost substantially less than its competitors but that’s not the case here.
I have been shopping this car for a friend here in NJ. I believe in LA, the $9.5k customer facing rebates are $7.5k plus $2k costco. But there are also $11.5k (of your $16k discount) dealer facing rebates in your area, verify with edmunds etc. Theoretically, I’d be looking to wipe out your entire DAS with additional discounts assuming I’m correct on the rebates… that would be about 10% off which I seem to be hitting a wall at around here in NJ, and our rebates are lower and our MF is higher also.
That seems like a very solid deal then. Maybe instead of extra discount push for CPO warranty just in case you exceed 50K miles or want to buy out at the end.
Did I miss something? They mentioned a plan for 15k miles for a 2 year lease. CPO warranty and 50k miles exceeded?
Also, today’s MMR on this vehicle with little to no miles, is probably the same as what the 24 month RV is currently set to give or take… I don’t see anyone buying it for RV after 2 years…
edit: I was generous it seems, the 2024 used listings in LA area are all around $54k with around 3k miles on them, there’s even one with 500 miles on it.
This lease program is structured to bring your cap cost after heavy rebates and discounts down close to the artificial RV, and collect finance charges on a high MF.
Now it all makes sense, hah! I did notice the Q8 leases, without aggressive net loser discounts, are almost the same lease cost as all-new Q6 models. SQ6 I’m sure is another level higher tier of payment. We were looking for a 24 month, 15k/yr, but all in it’s around $875 in NJ with 10% off pre- $7.5k + $10k rebates, no Costco. At 13% off it starts to make sense. There aren’t many new units left, and dealers seem fine doing a net 0 deal but not much past, as the rebates are enticing enough, considering many are doing 7.5k and 10k leases.
OP if you like the car this seems like a decent deal/good starting point. Personally I would counter with an additional couple grand off the selling price and see what happens.
You’re getting 20% off before sticker and want to know if it’s a good deal? Yes! Take it!
Also - don’t call your cash due at signing a down payment. Those are your drive off fees. Down payment is where you bring additional cash to the table to lower your payment, which you should never do on a lease.
If the applicable customer and dealer facing rebates on the car make up around 25% discount, before any dealer discount is even discussed, is 20% off still a good deal? The actual dealer discount in OP’s deal is less than 6% off as presented…
Don’t fully understand your question. I look at the PRE-INCENTIVE agreed upon sales price, with no markup on the money factor or other forced add-ons (or minimal forced add-ons) - 10% off MSRP is solid. 11-12% is achievable through negotiation. 15% is aggressive and hard to get, but doable - sometimes called VIP, though VIP has gone down to 14%. If you’re at 20% off MSRP before any incentives, you’re killing it. Take the deal and run. Sign it today before someone takes the car. They’re losing money on it, I’m going to guess. Go find my SIGNED for my Q8e P+ and you’ll see a comparison (it’s two years old on a 2024 model).
I guess it would be more clear if we had OP’s calculator. What I’m trying to say is that it seems like the $16,250 “dealer discount” OP mentions, is including $11.5k dealer cash in the LA area, making the dealer contribution $4,750, or less than 6% off MSRP and not 20%. The additional $9.5k customer cash is listed in OP as incentives, which I’m assuming $7.5k lease cash and $2k Costco. That can be verified on Edmunds forums or thru Super Supporter Rate Finder I guess. At quick glance it seemed the CA zips requesting info on edmunds are being replied to with $7.5k base lease cash, and $11.5k dealer cash with a 0.00282 MF. Here in NJ we have 7.5k + 10k, and 0.00352 MF. Costco is $2k nationwide I believe. I’ve achieved 10% off with base programs so far but hard to crack further.
NE often has better discounts than does CA for various brands (I’m not sure about Audi specifically).
I haven’t been loooking at Q8 e-tron deals, so I guess the questions would be, is 6% off good for CA, would it be cheaper to ship from an out-of-state dealer, and how much does the OP want a Q8 e-tron specifically?
