Long-time lurker, first-time poster was wondering if I could get some feedback on this Audi deal we’re looking at for a Q7. Been in the market for a while (and can wait longer if deals will get better) but wanted feedback on offer on the table right now-
We’re eligible for USAA/TrueCar, Military, Audi Owner, and Conquest- but not sure if any of those apply. Would love to get feedback or perspective. Especially with regard to the idea of a 4k Down Payment and 39-month lease term.
Yes, but I would hedge that the dealer is (in my eyes) being very generous with trade- giving us essentially the private party value for the trade-in which makes it a bit more palatable
Get another value check for your vehicle before you assume that the dealership is being generous. On the surface if you take the down + trade equity and spread it across the 39 months you’re looking at $767 a month before taxes, which feels kinda meh to me. Are you able to get the MF / Residual Value from the dealership?
Seems terrible… even if they are giving you above trade-in value, they are just charging you a higher amount for the Q7. You are better off negotiating the lease out right to limit the variables and give them the option to buy your car after you are in agreement with numbers, otherwise go with Carvana.
You need to understand what incentives you are eligible for and being applied as they would be separate from the dealer discount. I would guess conquest and Audi loyalty is close to $5k based on other recent posts so the dealer discount is 5% or less. Go to Q7 forum on Edmunds and get residual, MF, and incentives for your area by trim. Audi residual can vary significantly by trim so sometimes it’s worth going with whatever is the highest, even if it’s more expensive trim.
You also need to know the MF they are using and ensure they aren’t marking it up.
Money down is a big no-no here so even if you traded in your car, just have them cut you a check or cover fees and first month.
You need to nail down your numbers. What of those incentives are being applied? What’s the MF? I’d bet they’re giving you a better trade in price but marking up the MF, that’s a classic dealer tactic to trick you into thinking they’re giving you something for free.
In Florida here, dealer did not give MF or RV used here. Asked for an incentive breakdown but all Audi US is showing on their site is $3k conquest and $750 loyalty.
Talking with them again tomorrow, outside of those things any suggestions on what else to ask or how I should ask to restructure the deal without the trade-in lumped in?
Also posted on Edmunds to get base MF and RV details.
Get them to specify what’s in that discount amount, I’m guessing it’s ~$5k in incentives and only $3k in dealer discount. Should try and aim for 10% dealer discount plus max incentives.
In Florida, dealer says that they can’t go greater than 6% because they aren’t a volume dealer. Was considering making a final offer at 8% off MSRP and seeing if they go with it
Ya so I’ve heard, but it still eats away the discount even further. Obviously if you’re happy with the deal then take it. I’m just providing some input