Hi,
I recently got an offer from my dealer to get into a new lease and they would “take care of my remainder payments on current lease”… I went to another dealer and they made a much better offer (attached here)… would it be possible to lower payments to $460 or is it wishful thinking from my part? I believe it would with them offering the base MF of 0.00029.
Your pre-incentive discount is at 13%. That is good. Have you confirmed the RV, MF and incentives on Edmunds? Is the market value selling price the MSRP listed on the window sticker? What is due at signing? $1500? What does it cover?
Not sure if you can do better, given the 15k mileage requirement. On a side note, do you want a base A4? Have you looked at the P+?
EDIT: Are you rolling in $850 in remaining payments? Don’t do it.
Thanks for you input.
I actually worked a better offer with another dealer:
MSRP: $40,145.00 (Premium FWD w/ convenience package)
16/15K
MF:0.00049 (edmunds says .00029)
RV: 51%
Out of pocket: first month
Monthly: $449(tax included)
Includes audi care
Yes, they reached out offering me a deal to get into a new lease as there is a rebate/incentive to cover I believe up to 3 months worth of payments… I had 5 left so they are rolling two.
Is this good deal? The net sale price of this vehicle is higher than the one I posted before, yet the payments are way lower… I don’t get it. i tried putting it on the calculator but failed miserably.
You are getting a bigger pre-incentive discount (About 14.6%).
They are marking up the MF in lieu of the better discount.
Why not wait in a couple of months to avoid rolling in any remaining payments? What’s the rush to get into a new car now?
Share your calculator link.
Why not ask the first dealer what MF they used?
I did… .00059, he refused to lower it saying that’s how much they do on all leases. I guess I could push back now with this other offer to see if they are willing to go lower.
I guess worried the three month rebate would be gone by then. Plus, mileage is getting close to limit on current car.
They aren’t the only Audi dealer out there, shop the deal. Audi is waiving the payments not the dealer, any other dealer can do the same thing
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My advice still stands. If you can’t afford to make the last two payments ($850) on your existing lease, it does not make financial sense to roll those payments into a new lease.
What is your current mileage? How many miles were you allocated per year? If you go over mileage at lease turn in, would that cost you less than $850?