Yes, but it’s likely that something is causing your payment to actually be slightly over $550. Like if they are mistakenly using a 9% tax rate when running the quote.
Should be easy enough to resolve if you ask them to explain how they come to that $5400.
Been shopping this deal around with 3-4 different dealers.
Lowest payment I got from 3 places was $570/mo incl. 8% tax on a FWD (58k msrp) 2017 QX60, with max MSD and 0$ towards CCR. Another quoted me $590 for same car as above and another was $599.
Now, I realize that $546 is the absolute best I can do…
I’m finalizing a deal now on an AWD (60k msrp) for $546/mo w 8% tax, with max MSD and 0$ towards CCR.
Aim for at least 12% discount(You are currently getting 8%). Assuming you get 12% discount, with 9 MSDs, you should be getting $535 monthly payment including tax.
Ask your salesperson about putting down MSD. Although, don’t be surprised if he has no clue, or “acts” like he has no clue.
If your sales guy can’t answer your question about MSD (or any questions really), immediately ask to speak to the general manager. That should get the ball rolling rather quickly.
Generally speaking, the Finance guy/gal at the dealership will be the best person to ask about MSD - but they generally don’t speak to anyone until a car is already sold. But, if you’re not getting anywhere, ask to speak to Finance as last resort.