2020 Audi SQ5 - Closer inspection

2020 SQ5 Prem+ (Link to vehicle)
MSRP: 66,460
Selling Price: 60,749 (8.6% discount)

  • $895 Acq
  • $638 CC Reduct
    Total: 61,005.03

MF 0.00086 (2.06%)
Residual 59%
36 month lease/10k miles per year

Monthly Depreciation: $605.38
Monthly Finance Charge: $86.19
Monthly Tax: $53.60

Total: $745.16/month
$1,500 out of pocket to cover first payment + DMV fees (Actually is $1,469.00)

Sales guy mentioned $750 mnfg rebate - but this didn’t reduce cap cost. Looks like they just added it to the driveoff total. Which they’ve listed $1,500 to cover fees… plus the $750 rebate? I don’t receive any benefit it from what I can tell. Can someone explain?

I think I can do better. My plan is to either get a steeper discount on this model, or find something with a lower MSRP and work on the MF.

Leasehakr calculation HERE (Little off)

Why not try @Samaudibh and @AudiGuan

That’s buy rate and a solid discount on a 2020 SQ5. Maybe you can squeeze a bit more, but it’s already a good deal.

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Can you give me any insight to the $750 rebate question? Wouldn’t the rebate drive the cap cost down?

Looks like the deal was desked with $2250 @ signing.

But, you only need to come up with $1500 because the $750 rebate is being applied to it.

6 of one. You could alternatively do $2250 @ signing and reduce the cap cost/payments by $750.

I would wait until you speak with one of the guys above who are in CA and can probably do better.

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Donny I thought you had a much better deal on the 2020 SQ5.

Take the deal . It’s Kosher

I might. Taking a look at BMW X3 M40i as well. I will keep the crew posted. Hopefully I will have made my decision by Sunday.