Leasing a new Q5 for the wife, need help on money factors....
#1
AudiWorld Junior Member
Thread Starter
Leasing a new Q5 for the wife, need help on money factors....
As the title states Im having a new Q5 built for my wife, it should be delivered in the next 2-3 weeks. My sales guy shot over the lease info last week and it seems a little high so I wanted to post here and see what you guys think.
Money Factor = .00246
retail price = 47,495,
paying = 45,000
residual = 24,697
Payments with 4500 down 42 mo @ 10K/ yr = 651.09
does this seem in line with what others have gotten lately? I feel its a little high but not sure. Thoughts? Thanks
Money Factor = .00246
retail price = 47,495,
paying = 45,000
residual = 24,697
Payments with 4500 down 42 mo @ 10K/ yr = 651.09
does this seem in line with what others have gotten lately? I feel its a little high but not sure. Thoughts? Thanks
#3
As the title states Im having a new Q5 built for my wife, it should be delivered in the next 2-3 weeks. My sales guy shot over the lease info last week and it seems a little high so I wanted to post here and see what you guys think.
Money Factor = .00246
retail price = 47,495,
paying = 45,000
residual = 24,697
Payments with 4500 down 42 mo @ 10K/ yr = 651.09
does this seem in line with what others have gotten lately? I feel its a little high but not sure. Thoughts? Thanks
Money Factor = .00246
retail price = 47,495,
paying = 45,000
residual = 24,697
Payments with 4500 down 42 mo @ 10K/ yr = 651.09
does this seem in line with what others have gotten lately? I feel its a little high but not sure. Thoughts? Thanks
As he stated above - see Edmunds.com.
However that money factor works out to 5.9%. I would say a tad high.
Rate = Money Factor X 2,400 = .00246 X 2,400 = 5.904%.
.
#5
AudiWorld Senior Member
#7
I wouldn't put $4500 down unless it is for multiple security deposits (MSD). If you total the Q, that $4500 is gone if it is a down payment. In the same scenario, you would get the MSD money back. You would also get the MSD money back at lease end. The MSD is used to lower your money factor.
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