Just left the Audi Dealer for a 2017 S3… They showed me invoice and they are selling to me for 1% above that. When I put the numbers into the calculator it comes to a monthly payment of $554 but the numbers dont work out that way from them. Is this a good deal?
Yes, that is because audi’s lease terribly, I would still push for one more percent off msrp. If you want that car then go for it, but the infiniti q50 red sport could be had for much less (msrp 55k+)
MF is pretty good and the residual sucks I agree but I don’t see how it can be brought down to such a low payment (506/month)… In relation to other deals you think 1% off would make it a good deal?
EDIT::: I cannot add any more messages because of some first day limit soooo
Should I call them up tomororw and tell them I want to cancel the order or?
I take everything I said back, you should push for wayyy more. Truecar is coming up with a discount of about 4,500. In that case I would push for at least 4,800 off.
The Audi’s don’t really lease well. If you want to feel good about your deal, go check out the Audi forums. They think $1,000 for an A4 is a great deal
If you really like the car then go for it but you’re on a forum that is focused on getting amazing deals & this isn’t it. Audi has atrocious numbers most of the time when it comes to leasing. I would aim for 7.5%+ off MSRP but with the 2017 being a pretty significant refresh, they may not budge. Just realize they’re are lot of better leases out there for the money. My F-TYPE lease is almost the exact same cost as this but has an $80k MSRP.
What are the chances of negotiating after I put a deposit down? They are trying to transfer the vehicle from another dealer in jersey. and I already gave them a $500 deposit today.
True true. I just hate getting ripped off so to speak. I was under the impression that 6% off would still net them some good cash. I didnt realize they were still making away with around 2k or so. that’s like 55 dollars a month right there.
When I enter their deal info I get a significantly higher monthly payment. The drive off seems way too high - does that include a cap cost reduction (downpayment)? I suspect it does. Don’t ever put money down, except to pay for up front fees etc - these can be capitalized too, which I would recommend doing at very low interest rates like the one found here.
Use the Multiple Security Deposit (MSD) program to lower the interest rate to 0. Each MSD is your monthly payment rounded up to newest $50, and each lowers the Money Factor by .00005 so 8 brings your interest rate to 0. You get that money back at the end of the lease, provided you aren’t charged for excess wear and tear or damage.
TrueCar shows 10-12% off MSRP is achievable. This represents an exceptional price, but has been done (be careful as TrueCar price data includes incentives as far as I know - there is currently a $3k incentive for Audi owners affected by the Takata airbag recall - this could skew the data for the very best deals). I’d recommend targeting a 10% discount from MSRP - this is very aggressive not the absolute best possible deal.
When I plug all that in, I get a monthly payment of $529 including tax (calculated at 9% which is a bit above your actual tax rate).
The drive off is $5,416: $529 1st payment, $4,400 MSDs, $480 reg/doc fee, and $7 tax on your incentive. Leasehackr score is 8.7 years.
One final note - some people on here like to bash those interested in Audi leases. Jokes about $1k payments on A4s, etc. it’s true that Audis don’t really have the kind of smoking deals that some other brands do… But if an audi is what you really want just accept you’ll be paying a premium then try to get the best possible deal given the lease program and achievable discounts. This site is about working the lease system to your advantage. That doesn’t mean you should only be interested in cars that are extremely inexpensive to lease if the brand preference is important to you. Cheers.
IDK… Thats what they gave me and they said I wouldnt have to be liable for the 1700 when bringing it back.
Is this a deal I should jump on? I’m between this and a 340ix that I’m not totally in love with to be honest even though they giving me 10% off MSRP for it.
That discount is not good. Tell them you’re looking for an 11% discount - you’ll sign if they can match that.
Also canvas other Audi dealerships within 50 miles - email them all the same info and let them know you’ll come in to sign if they can make the numbers work.
Edit: also insist they run the numbers with $0 cap cost reduction (downpayment).
Ok last but not least off topic but I have possibility for 2017 340i x drive built however I want it with 10% off MSRP - 0.00120 MF and 63% residual.
Leasehackr on it is 8.9 and it seems like the best im going to get… He has it at 571 right now but that doesnt add up to the discount we originally agreed on before I made some changes so I’m going to find out where the discrepancy is but 10% off MSRP?