2015 A6 Lease w/Neg Equity - looking at s90 or Volt

#37

My vote is to stick with the 2018 T6 for 700 a month. Chances of finding a dealer willing to roll in 9k on a 2017 are going to be very very low IMHO …

As for E300 loaner for 351, I would say don’t even go there - these are rare unicorns…

#38

Why not 2017 T5 that she found for $595? Why “Chances of finding a dealer willing to roll in 9k on a 2017 are going to be very very low”?

#39

Sure if she gets the same term as the T6 go for it …

#40

All she needs to do is to stick to 10% off sticker and buy rate.

#41

I had to wait 5 hours to post again b/c I’m new on this site! So I reached out to another dealer on a demo with 3k miles, it’s a 2017 T5 FWD Momentum MSRP 51,005 for 36/12. Residual 51% and money factor .00148. He came back with sales price of $38164 which includes my 6 months pull ahead discount (3963) and 3k from Costco making my payment $531.29 incl tax. and they cut me a check for 3k to pay off my Audi. I get $463.37 when I calculate? The first dealer gave the money factor at .00020 and 54% residual on the 2018 T5.

#42

If you were to agree with one of these Volvo deals, what will you do with the Audi? Is the Volvo dealer going to take it in as a trade-in or are they just cutting you a check to cover the 6 months worth of payments?

#43

Dealer A has offered to cut me a check for $9142 to pay off my Audi. (a number they miscalculated) MSRP : $54,625.-
Sale $$: $51,075.-
Residual: 54 % ($29,497.50)
$$ Factor: 0.00020

Dealer B offered the demo model I just posted about with a different money factor and a check for 3963 which is my remaining payments. I need to just get rid of the Audi.

#44

For offer #1, you will just park the A6 for the next 14 months?

For offer #2, will you attempt to sell it? You would have to front the rest of the balance?

#45

For offer #1 they just got back to me. I would return the Audi and they will cut me a check to pay them off and I pocket 1.3k. I offered, per @vhooloo, 50k sales price and 15k miles, they give me check for 9142. They have countered with $50,375 sales price, 15k miles/36 months and a monthly of $706 which includes tax. She said the residual drops 2% with the extra miles to 52%. THis is on the 2018 T5 momentum with msrp $54,625 No money down and I get the check for $9142.

Option B, I am responsible for the remaining $3800 in payments. or I can try to roll that into that demo deal

#46

Latest from Dealer A - 2018 T5 Mom. MSRP $52475 36/12 54% residual
Sales Price - 48,225
check for $9142 to payoff Audi
payment $644.85 incl. tax

This is with costco and conquest/pull ahead. It seems like a great deal, but I’m having a tough time figuring out with the calculator.

#47

Looks good. Use this calc, much easier
http://www.ridewithg.com/rwg-calculator/

Did you check MF on Edmunds? You sure you got pull ahead?
Something doesn’t add up. Is sales price before $4,250 Volvo cash? And then $3,000 Costco and $3,918 Audi?

#48

Take it asap - wonderful deal ---- That’s like 400 a month + 9142 to pay Audi :slight_smile:

#49

I can’t get it to match up when I use the calculator, but if they really want to give me 9142 to pay off the Audi, then I’m probably in! I guess I am just wondering if there’s more room somewhere. Edmunds does say MF is .00019 and 54% residual for 36/12. She quoted me .00020 and 54%. Heading to dealership now and will post some details. Thanks again for all the help!

#50

No, Edmunds shows .00020 on T5 Mom FWD. Ask to put down 3 MSD, if you have cash. That will bring MF down to .00005 and should save you $15-20/mo.

#51

I didn’t have any extra money to put for MSD’s so I just pulled the trigger, but on a slightly more equipped model bc I liked the color combo better. I got a 2018 T5 Momentum with vision and convenience package. MSRP 54040 sales price $49699. Monthly payment of $663.50 including tax. I had zero out of pocket and they are giving me a check for $9142 to payoff the Audi. I know the deal is not perfect, bc I couldn’t get it to add up for me on the calculator, but I wanted to get out of the Audi and I technically had 14 months left and I kept reading that you needed to be within 12 months. So I just pulled the trigger. I hope this helps someone looking for some info! And thanks to all you hackers!

Lets try this one more time! Need lease w/ neg eq trade in
#52

Good job, enjoy your car. Not every day you can roll in $9k negative equity and still drive newest model well equipped luxury car for mid $600/mo :slightly_smiling_face:

#53

Thank you! I’ve been driving myself nuts over this wondering if I could have done better negotiating, but you’re right. :slight_smile: tytytyty

#54

Next time you"ll do better. Just don’t go over miles and do not roll over negative equity again :grin:

And post the pics, I want more Volvos :slight_smile:

#55

662.50 - 9412/36 is effectively 402 with taxes for a 54k S90. Kaboom. Next deal will be 399 and someone on this board better get ready for crow.

#56

Has to be almost perfect storm with conquest pull-ahead.