Deal Check: Q5 PP Lease

Hey guys - i decided to lease my next car (first ever) and liked the 2020 Q5. Got some initial quotes from dealers around Seattle/Portland and if it wasnt for you guys, i would have accepted what now looks like an absolutely ridiculous quote - so just wanted to say thank you to all.

i now have the following quote from a dealership in OR. It’s for 36months, 1500 down and 690 per month incl. tax. Honestly, still looks too high (the MF is 0.0014!!) so i am not sure on the next steps - should i keep looking?

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Every single Q5 quote posted here recently has been atrocious.

Might wanna look at other vehicles.

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Effective payment of $731 per month on a $53k car. Hard pass.

Thanks guys. So i have exchanged some 50 emails with dealerships across the area. This is where one has landed. How would you guys rate this? 600 with tax monthly payment and 0 down. I have asked for other details but the MSRP on this vehicle was 54k.

Here is some free advice: Re-read leasing 101 multiple times. Then ask yourself whether you would take that deal.

You would need a bigger discount for this deal to look decent, but without additional incentives from Audi it is still not a good deal.

Your best bet is to wait for the Summer Of Audi (SOA) event.

Who at the dealerships were you emailing? Internet sales managers? GMs? I would have just called the internet sales manager and made them an offer. They would either have said YES or NO.

Starts off with internet sales manager and then eventually someone with a specialist title responds back. Let me continue hunting and I’ll post the leasehackr calc numbers here. If they still don’t seem decent, then you’re right that I might just wait for summer event.

Damn I thought this was a better deal. This one’s a fully packed option with driver assistance, black optics and cold weather package.

Someone just posted an SQ5 lease transfer for $649

As others have mentioned, deal is terrible. With that monthly payment you can get into a lot of car for the money.

Are you set on the Q5? Honestly I think it’s boring - way too many on the road.

Have you looked into an XC60? I got a 55k XC60 with all the bells and whistles for a monthly payment of $460. YMMV but I think the XC60 looks a bit sharper.

You should probably consider a broker.

Hi… I was just in the showroom yesterday and looked at XC60… inscription trim… 55k… I like it a lot and was wondering what part of the country was this deal you received… I’m in NY… Also what discount % did you neg. Off MSRP… Any help is appreciated… Thx

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Was that with the advanced pack ? Msd down?

Don’t fixate on the monthly payment. Sure $600 a month is lower than $690 but these are presumably different cars at different MSRPs? Share a breakdown of the lease quote for the $600 offer and we can review to help.

I had the same experience here in Florida on a SQ5, they where trying to bump MF up about 10 points and wanted payments $800-1100, I moved on to other cards.

As a reference, I leased my 2018 Q5 P+ in April 2017, when they first hit the US market and I’m paying $590, which is high. MSRP was around $53k.

I got a deal for $590/month (all taxes and fees upfront + Audi Care and $600 down payment) on one of the first Q5s P+ that hit NY and I understand I paid a premium due to that situation. I love my car but I’m also conscious about cost/benefit, therefore I decided to now lease an 2020 X3 M40i, which has an MSRP $16k higher than my Q5, and I will be paying $535 - $567 (still haven’t decided if I will do MSDs).

Take a look at other brands. Can’t hurt.

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T5 Inscription, Advanced, Park Assist, Protection Package Premier.

5500 in MSDS

Midwest!

13.9% pre-incentive discount on a 55k MSRP. RV was 61% and MF was 0.00181 before MSDs. 2k taxed lease incentive.

Drives real nice - super sharp looking. You don’t see a lot of XC60s on the road so definitely an eye catcher.

Thank you… I’ll post when I get firm numbers…

How much does the MSD’s take off the
.00181 MF… Just curious… Thx again