2017 Q50 Red Sport Help Needed!

Ask the Hackrs
1

Hi, received this quote today and I am still trying to understand it. Does the rebate and cap reduction look correct? Thoughts?

MSRP: 55880
Selling Price: 49380
Gross Capitalized Cost: 49380 (selling price) + 29 (Cap Fees) + 85 (Cap Tax) = 49409
Net Cap Cost: 1000 (cap reduct) +1000 (rebate) -1756 (Drive Off) = 48494
MF: .00007
Residual: 57%
Term: 39 months/36k miles
Tax: 8.5%

Monthly aftertax: 470

Drive Off: 1000 (cap reduct) - 1000 (rebates) + 700 (acquisition) + 587 (title/doc/etc) + 469 (first month) = 1756

Monthly: 468

2

Nah, this doesn’t look very good. Too much down and going to CCR.

I would shoot for 1st payment due at signing only and roll everything else into lease at .00007 MF, it’s so cheap.