Newbie: Deal Check / LH Broker advice - Audi Q5

Ask the Hackrs Buy/Finance
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Hi everyone,

I’m new to this forum and somewhat new to leasing (previously leased a Tesla M3 but only out of desperation and to avoid having to negotiate with dealerships) so apologize in advance for any stupid questions.

I’m interested in leasing a Q5 45 S line Premium Plus SUV for 10K / 36 mo and reached out to a few dealerships without much progress and lots of invitations for test-drives. Ultimately, I decided I didn’t have the wherewithal to deal with this and connected with a broker I found on LH.

This is where I’d love some feedback, because while I’m concerned about how the process is evolving, it could be that I’m simply unaware of lease ettiquette and everything thus far has been par the course.

I had texted said broker quoting one of the deals he had posted:
2024 Audi Q5 Premium
MSRP: $48,XXX
Monthly Payment: $449 + tax
Drive-off Amount: $4k
Term: 36/7.5k)

and asked if some variation of it would be possible but that I could be flexible on everything except the Premium Plus trim:

Q5 45 S line Premium Plus SUV
10K / 36 mo
Zip Code 94555
FICO Score 8 is 801
Very interested in using MSDs if available
Preferred exterior: Daytona Gray Pearl Effect or Chronos Gray Metallic
Interior: Atlas Beige or Rock Gray

He confirmed that he could make it happen and asked I fill out a credit application and share my DL and Insurance information which I sent over. A few hours later he texted saying that he was able to get an even better deal (see below) and asked that I complete a deposit form ($1000) and confirm the date for pick-up.

$4000 drive off
$577+tax $636 tax included 36/10K

Honestly, this was a HUGE relief and I’m still wanting to move forward with it but thought it okay to ask for a formal quote to go over the numbers. He agreed and emailed me the following:
“Here is the formal quote for your Audi Q5
$56865 MSRP
$4000 Total Due at signing ($1000 Deposit + $3000 at the dealer)
$577+tax $636 including tax”

Is this considered an acceptable level of detail to have before putting down a $1k deposit? I understand that some brokers may have been burned with clients going straight to the dealership and cutting them out but something about the limited information leaves me hesitant to move forward.

Also, is this a good deal?

Thank you in advance for any input or guidance!

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The 4k drive-off for the 56k Q5 is a bit on the expensive side. I’ve been helping my friends and family find some good Q5 deals this year, I’d share some examples with you for reference. Back in few months ago, my friend got a 23’ 45 pp+ , 55k msrp. I remember the deal was just a little over 620 a month, only first month DAS.
Also, earlier this year in Feb I found myself a 45 Premium was only 2500 drive-off , 413/mo after taxed (socal)
One of the worst deal we got in ohio : 57k msrp, 707 effectively

I’ve noticed that Audi’s recent deals haven’t been as favorable, as they’ve been steadily increasing the mf (used to be .00175 in summer). But there are some good discounts available for the 2023 model year (including a 5500 rebate). If you’re open to it, you might want to consider asking the dealer for a deal on the 2023 model.