I just leased a 2025 Audi Q6 E-tron with the premium plus package. My lease was $624 a month with taxes and Audi care after paying $7500 down. The lease is a 36 month term with 12,000 miles annually. Feel free to share thoughts, questions, and comments.
I thought this was pretty good until you said $7500 down. Is that $7500 in cap cost reduction, or did that include your drives - aka tax title fees etc?
In any event, never put any cash down on a lease for reasons you can read up about.
Can you share more about the actual deal?
MSRP
Negotiated price after discount
Incentives/rebates that lowered it further
Final capitalized cost
Money factor
Residual
What state/tax rate?
This will help folks understand the deal for their own use, and also give you feedback for next time.
5 Likes
Horrible with the $7500 down unfortunately.
2 Likes
No sense in asking for thoughts, comments, and questions after you’ve signed the deal. Just enjoy the car and post pics in the trophy garage
1 Like
Quick look on the marketplace and I see this offer on a premium plus. Adjusted for 12k miles instead of 7500 probably gets you in the ballpark of this offer so probably a decent deal but yeah $7500 at signing is not good. just pay the higher monthly. Yours also includes tax and Audi care and this offer does not which I think might actually make yours a better deal than this offer from the marketplace.
2025 Audi Q6 e-TRON Premium Plus
- MSRP $74,xxx
- $3000 Total at signing
- $649 plus tax
- 36/7500
1 Like
Thank you! Well said.
Yes, the MSRP was $75,750. The discounted price of the car is $68,840. There was $7500 federal tax credit.
The taxes and fees upfront were $1,988.18, which does not include lease acquisition fee of $895. The money factor was .00111.
The gross capitalized cost was $70,784. Adjusted capitalized cost was $58,396.86. Residual was $41,712. Audi care added $1049 to the cost, but also raised the residual value.
State is California. Tax rate is 7.75%.
Sounds like a ~9-10% discount, which is DECENT. You could’ve gotten closer to 12%. Audi isn’t eligible for $7500 EV credit, so I assume that was an Audi incentive. The incentives have been much higher than that, so the incentives are just a little light right now. Not terrible.
One question - did you get buy rate money factor, or did they mark that up? That’s a covert way they make more money, and it makes it hard to evaluate if a deal is good or bad on its face without knowing if they’ve juiced the interest rate. Not sure if you know, but for next time, that can swing a deal from good to bad or vice versa.
Getting Audi Care was a good decision as it adds very little money.
I thought the EV credit applied to the Q6 because it is an electric car.
As for the money factor, I am not sure what you meant. I insisted that I receive a money factor of .00111 because that is the rate listed on leasehackr for Audi and I know I have excellent credit.
you’ve been on this forum for 5 years and don’t know that ALL leased vehicles qualify for the 7500 under the IRA? Hell, the rolls royce spectre qualifies for it.
also nobody’s doing 12% on that car at this time.
1 Like
Are you serious right now? You’re a broker and you think every EV applies for it? I may have to teach you how to use Google.
And talking down to me “you’ve been on this forum for 5 years?” isn’t a great way to advertise your services to folks, especially when you’re condescending AND factually incorrect - FWIW.
but it DOES qualify when leased. Just like how every other ev not made in america qualifies for it.
Like this.
1 Like
I believe he is right. Although, its a bit confusing but 45W provides tax credit to all lessor (bank) for all EVs. Some of the lessors chose to forward it to the lessee by adding it in RV or providing incentives/rebates.
1 Like
Yes, I got the $7500 from Audi when I leased my Q8 e-tron. But it’s Audi’s incentive, designed to match the federal EV credit - they do it because they know the car doesn’t qualify.
So it’s accurate to say Audi is giving $7500 in credits because it’s an EV, like the IRA gives for qualified vehicles.
It’s NOT accurate to say that the IRA qualifies every EV for a federal tax credit, because there are literally published lists on reputable websites like Car and Driver that iterate which cars count as qualified vehicles. The Q6 e-tron is not one of them.
So you can say the credit is LIKE the IRA’s EV credit, but the way you’re trying to describe it, you’re simply factually incorrect and/or misinformed.
Also, the AI thing you posted a couple lines up - is specifically when businesses lease vehicles. I don’t believe OP said anything about his business being the lessee on this car.
$7500 does apply to a lease with Audi. Just to clear that up. Solid deal, enjoy your new Q6!
1 Like
Again, when leased, under 45w, EVERY car qualifies for the 7500 federal ev rebate. The rebate is claimed by the lender. This is part of the reason why the current administration is so adamant about killing the IRA - the program paid out multiples more in EV rebate than ever intended because of the fleet vehicle loophole.
This isn’t a debate about whether a purchaser can claim a $7500 tax credit on his or her taxes after purchasing a q6. That obviously cannot happen. However, OP is describing a lease transaction, every one of which does qualify for this rebate. To claim otherwise is patently false.
This above, that’s misinformation. Audi DID receive $7500 from the govt for selling the car to its captive lease arm as a fleet vehicle. It then passed it on to you in the form of a cap cost reduction, used to buy down your lease.
OK - I think we’re talking past one another. I understand your point now. I thought you were saying every car can get the EV credit under IRA, which isn’t true. The nuance of a bank qualifying and passing it along on leases was my point that Audi is choosing to do that through its incentive programs, which yes, I’ve myself gotten. So sort of talking about two different things. Bottom line is he got $7500 from Audi on this lease, which was never in dispute.
For the future if you don’t want to rile people up, starting a sentence with “you’ve been here for 5 years and you don’t know…” is generally a bad way to talk to people.
“You’re correct that the Q6 e-tron doesn’t qualify for the EV credit as a purchased car, but Audi has chosen to pass it along on leases - which is an interesting nuance to the way the program is set up” is a far more constructive way to try to point out nuance.
I can understand why you picked at the way I worded my original comment, and hopefully you can now see why I picked at the way you worded yours.
Cheers.