2020 Audi SQ5 Deal Check

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1

2020 Audi SQ5 Premium Plus
MSRP $60,190
Residual 57%
36/12k
I brought the dealer down to $615/month with taxes and fees at signing ($4000)
NY

Is this a good deal? I guessed the MF based on what I found on Edmunds and adjusted the selling price accordingly

Leashackr link: leasehackr.com/calculator?make=Audi&miles=12000&msd=0&msrp=60190&sales_price=56740&months=36&mf=0.00061&dp=0&dealer_fee=65&acq_fee=995&taxed_inc=1000&untaxed_inc=1250&rebate=0&resP=57&reg_fee=257&sales_tax=8.375&demo_mileage=0&memo=&acqFee_check=true&totalLeaseTax_radio=true

2

For incentives, there is the $1250 Lease Cash which should be in taxed incentives. The $1000 dealer marketing allowance should not be treated as an incentive, but rather reduce your selling price by the $1k.

When you make those adjustments that puts you at 7.4% pre-incentive discount. Hard pass.

Personally I wouldn’t sign for a 2020 right now unless I was at least around 12% pre-incentive at base MF. While still a nice truck, a 2020 is an outdated model now with the refreshed 21’s hitting dealers as we speak (I test drove one today). With Costco the standard discount on these was 10% all summer long, for example.

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3

Not a great discount. Push for 12%-15%. IMO, the 2021 model is a refresh so you should command a better discount on a 2020 plus you don’t get the benefit of MSDs with an NY dealer and you should make that known to them.

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4

Thank you for the corrections. I will renegotiate with the dealer.

5

I’ve been getting quote in Southern California for 2020 SQ5 Prem + with at least 15% off MSRP

6

Wow that’s good. was that only during the costco discount or more recently?

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FYI Audi came out yesterday with their Season of Audi incentives. Looks like $750 on '20 and '21 SQ5’s.

So for a 2020 you should be able to stack the $1250 Lease Cash with $750 Season of Audi for $2k total incentives now. Of course this doesn’t change the fact that the pre-incentive discount is still way to low on the deal above.

This typically wouldn’t be launched till November however my dealer said yesterday they were rushing it out this week to get it in before the election.

9

Thank you. I asked for a breakdown of the price and the dealer said there is a manufacturer rebate of $2250. Is this something separate from the $1250 lease cash you mentioned and the new $750 Season of Audi?

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FYI in your other post someone posted the fine print and it looks like $1,000 on the SQ5.
https://leasehackr-assets.b-cdn.netoptimized/3X/2/1/21362fa5b5d59a377620477025abee9a440aa4fa_2_279x500.png

11

Yep, weird. Looking at the T&C’s on my dealer’s website it lists SQ5’s at $750, but it’s $1,000 on the main Audi USA website. $1k sounds better to me.

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