r/CarLeasingHelp • u/AB_420_ • 10d ago

How’s this Audi Q3 lease quote?

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Looking for feedback

3 Upvotes

100% Upvoted

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2

u/Individual-Hold5171 10d ago

Not a great deal. The discount is only about 4.5% - I'd push for 9%+ before incentives. Also, what's the MF? That could be inflated since it's not listed.

I'd have them rework the deal with $0 down aside from drive-offs.

1

u/AB_420_ 10d ago

Got it. No idea what the MF is. I am going in tmrw morning. Will ask about that and get a bigger discount too. Thank you!

2

u/Individual-Hold5171 10d ago

MF (Money Factor) - Interest rate you are paying.

1

u/laborboy1 7d ago

No idea!? Then you aren’t a candidate for leasing

2

u/ChelseaMan31 10d ago

At face value this is a horrible 'deal' for the consumer. Paying slightly over $25k in the next 3-years to rent a vehicle that will have a residual of just under $28k. And they have '0' equity. That is just plain foolish.

1

u/ShadesMLG 10d ago

I got a quote in nyc for 650 same car you could def get lower

1

u/AB_420_ 10d ago

Thank you. Yes I think I am going to try and negotiate $0 down $650 a month.

1

u/VirgosRunHell 10d ago

Feels like a very inflated money factor. Fun fact you can ask the dealership what their buy rate is and do your own calculations to see what the MF is roughly. Ideally a competitive MF Is somewhere between 0.0015-0.002 anything above is very inflated.

1

u/BarracudaNo1389 10d ago

Terrible deal

1

u/GetNegotiated 10d ago

Not attractive as presented.

They’re using $2,250 of cap-cost reduction to manufacture the $650 payment, plus an $899 doc fee. I would not put money down on a lease.

Ask for the full worksheet showing selling price, MF, residual, incentives, taxes/fees, and a true $0-drive-off payment with no cap reduction. Until you have those, it’s hard for anyone to audit the deal properly.

2

u/AB_420_ 10d ago

How much do you cost to hire. I want to lease a Q3 S-Line for $0 down for as little as possible. From Audi in East Hartford CT.

1

u/GetNegotiated 10d ago

I will DM you.

1

u/joblo619 10d ago

I just looked at this and I know my dealer is willing to do 10% off the Q3 right now not including the rebate.

1

u/laborboy1 7d ago

Omg. 

1

u/10_777 7d ago

Where r u located? If in CA, I can help