UPDATE: The Q5 is sold out as of December 22, 2020.

AT A GLANCE

• Pre-Negotiated Deal: Terms have been reviewed by Leasehackr. No surprises. Save $61 per month compared to the official Audi lease offer!

• Zero Hassle: Review and sign the lease paperwork at home. Get the car delivered or schedule for pick-up.

• Limited Availability: Eight (8) available in the Tri-State Region until December 31, 2020. First come, first served.

ABOUT PRE-NEGOTIATED DEALS

People join the Leasehackr community to learn the ins and outs of negotiating a car lease. But if all that sounds a bit too complicated or confusing, don’t fret—we have something that will help! 

For the first time, we are connecting readers to deals on popular cars, specifically aimed at those who want to put in minimal effort while still having the confidence that they’ve gotten a Leasehackr-worthy deal. Just sign up below! The dealer will honor the offer with zero negotiation and have it ready for pick-up or deliver the car to your home (for those who live within 30-mile radius of the participating dealer).  

We are calling this pilot program the Pre-Negotiated Deal, a Leasehackr exclusive.

HOW DO I RESERVE MY PRE-NEGOTIATED DEAL?

Simply walk through the video-guided sign-up process below. Please make sure you meet all the criteria before you start:

1. You live in the Tri-State Region (NY, NJ, CT, PA);

2. You have good credit (700 or above);

3. You have a valid driver’s license and proof of insurance;

4. You are genuinely interested in this deal. As supplies are limited, please do not reserve one of the slots if you don’t intend on taking delivery. There are a lot of other great deals on the forum.

To start, view the video below and click the yellow “Let’s get started” button.

*We would only pass your information to the participating dealer after you have completed the sign-up process.

THE DEAL!

The deal in question is for the 2021 Audi Q5 Premium 45 TFSI quattro, an upscale luxury SUV. While the base Q5 starts at $44,395, the Pre-Negotiated Deal model has an MSRP of $48,595 including destination charge.

The Pre-Negotiated Deal is simple: $441 per month with $0 down payment. First month's payment, tax, registration, fees, and security deposit are due at signing.

Below are sample deal sheets showing final pricing for a New Jersey resident, including taxes (6.625%) and three years of NJ MVC registration fees ($400). One deal includes a refundable security deposit, while the other deal does not require a security deposit and has a higher monthly payment. The choice is yours!

For those who love numbers, here is the breakdown of the deal on the Leasehackr Calculator: with security deposit and without security deposit. Note that different annual mileage options, ranging from 7,500 miles to 15,000 miles, are available.

DEAL EVALUATION

Selling Price: The selling price on this Pre-Negotiated Deal Audi Q5 lease is 9% below MSRP, or 13% below MSRP with incentives applied—excellent for a popular Audi SUV. By contrast, the official Audi lease offer for the Q5 has only a 4.5% discount off MSRP.

At such a large discount, the Pre-Negotiated Deal dealer is selling the vehicle significantly below cost ($1,524 below invoice) in the hopes of meeting a volume bonus this month. We do not expect this same level of discount into the new year as the first quarter is historically slower, and dealers will be chasing gross profit rather than volume.

Money Factor: We’ve made sure that the Pre-Negotiated Deal money factor is the same as the buy rate set by Audi Financial Services: .00034 (0.82% APR), or .00005 (0.12% APR) with a security deposit. There is no markup on the money factor.

Document Fee: The document fee of $499 is above the average document fee of $335 for New Jersey, but this increase is easily offset by the large discount reflected in the selling price.

ABOUT THE AUDI Q5

Audi’s best-selling Q5 has been refreshed for 2021. It’s an upscale luxury SUV that prioritizes style and technology. 

Every Q5 comes equipped with LED headlights, blind spot warning, and leather upholstery, while the Pre-Negotiated Deal cars add panoramic sunroof and the Convenience Package. A turbocharged engine and quattro all-wheel drive enhance both dry and wet weather performance.

THE FINE PRINT

This Pre-Negotiated Deal is only available within the Tri-State Region for residents of the following states: New York, New Jersey, Connecticut, and Pennsylvania. Delivery is available only to a location within a 30-mile radius of the selling dealership and is subject to availability. Deal is valid through December 31, 2020, or until vehicles are sold.

Pre-Negotiated Deal offer is available upon approved credit only. Security deposit amount may vary based on credit score. Amount due at signing and monthly payment may vary from the sample New Jersey deal sheets shown above depending on vehicle registration location, due to variations in sales tax rate, registration fee, and tax structure. 

At lease end, lessee is responsible for disposition fee of $495 to Audi Financial Services, $0.25/mile for miles driven in excess of the allotted mileage, and any excessive wear and tear. Excess wear and tear protection may be purchased at additional cost.

Exact vehicle color and configuration are subject to availability. The dealer will try its best to assign the customer a car that matches the desired color. If not possible, the customer will be notified and may choose to select another color or forfeit deal reservation.

Comparison between Pre-Negotiated Deal offer and official Audi lease offer is based on normalizing the official Audi lease offer to account for differences in vehicle MSRP ($48,595 versus $45,495, respectively) and customer down payment ($0 versus $3,099). Official Audi offer requires $2,056 dealer contribution, which is equivalent to a discount of 4.5% off MSRP.

Leasehackr does NOT sell or lease any vehicle to you or broker your deal. All transactions and agreements made for the sale of the vehicle are between you and the dealer.

FUTURE DEALS

If you like what you’re seeing and would like us to seek out more Pre-Negotiated Deals like this one, please submit your vehicle of interest below. We will notify you via our Deal Alert email when new PND arrives.