2021 Audi S5 SB Premium+ Deal Check

Ask the Hackrs
1

Hello guys,

I would appreciate all inputs on this deal whether it’s a good deal for the time being or not.

It’s Glacier white on Magma Red interior.
MSRP is $66,865
Selling price is $60,195
36/12k
Residual is 58%
Money factor / 0.00168
Monthly payment is $730 including Tax with $3000 out of pocket total.
Please let me know if you need any other info on this.

Thanks in advance !

2

It is practically impossible for us to tell you what a “good” monthly payment is for your specific lease as lease programs are highly dependent on region, personal qualifications, tax rates, etc.

We always recommend the following method before you ever contact a dealership. If you do all of the work up front, you’ll have a stress free dealer experience and set yourself for success.

  1. Read Leasing 101 (Blog | LEASEHACKR) to understand how to calculate a lease payment and the variables. Monthly payment is an output, not an input!!
  2. Pick a specific vehicle that you want to target
  3. Gather the current MF, RV and incentives from Edmunds forums for your zip code
  4. Research the LH marketplace and other deals that have been made recently on your vehicle - what was their pre-incentive discount? How did their lease terms differ?
  5. Plug your numbers into the LH calculator, and use a pre-incentive discount similar to what you have seen
  6. Create a target deal, this is what you’re trying to negotiate to. You can try different terms, selling price discount, etc. and see how your monthly payment is affected. It is also possible that different trims of your vehicle may have different MF and RV (i.e. this is very common with GM), so make sure that you look into that. Come up with a set of inputs that give you the output that you want - your desired monthly payment.

With a target price determined, you now have a deal to pursue and compare dealer offers against. More importantly, you have a solid foundation to work from.

1 Like
3

Didnt you just ask about an m440? I’m sure everyone explained how to evaluate a good deal there.

Lacking information too… but follow the steps above or reach out to whomever helped ya before for Texas.

4

Yes they did, excuse me I’m a beginner here trying to gather all the info needed.

6

All good

All ya kind of did here was just throw some info out and ask if it’s a good deal again. People may not reply as keenly the second time :sweat_smile:

Do some research and DD of your own following the steps he provided in the post above^ that will lead you to your answer.

7

If you look at the LH calculator, these aren’t inputs.

The term and mileage, however are. :slight_smile:

1 Like
8

Being a newbie does not excuse you from providing all the required info to evaluate a lease. I could go down the list of all that you are missing.

There is already a ton of advice provided by other members. STOP reaching out to dealers. Read up on the basics of leasing and figure out (from research here) what an achievable pre-incentive discount looks like.

SPOILER ALERT: Do not expect a good deal on this car.

3 Likes
9

Next at 11:00

C43 Deal Check?

8 Likes
10

@AJA - At this rate, just go with a broker if you are not prepared to put in the work.

1 Like
11

However, there is an extra 1250 available from Costco!

1 Like
12

Not sure if this was directed at the OP. If they are not a Costco member, not sure how it is going to help.

Full disclosure: I am not a Costco member.

EDIT: If OP has an extra $5 and is in no rush to lease, they could sign up for a Penfed membership. After 60 days, they will be able to generate a savings coupon (certificate) for additional savings. More info can be found here: PenFed Benefits - Up to $2000 BMW Volvo MB FCA Mini (usually $500 towards leases).

1 Like
13

Thanks for all the input, both negative and positive. I do understand and read the comments about leasing 101.
I have edited the post with the exta info I acquired.

14

Max I see no reason for your comment since comparing between two deals of BMW and AUDI is very common.

15

So based on the information that you’ve acquired, how does the dealer offer compare to your target deal?

1 Like
16

Your discount is just a shade under 10% (9.97%). What does the $3k include?
Do you need a car right now?

EDIT: Have you confirmed on Edmunds whether the MF is base?

17

I actually am a member of Penfed.
That got me an extra $1000 discount
Thanks !

18

I think after inquiring a little bit more I got where I wanted to be.
Thanks for the help !

19

Good to hear. Where did you end up as far as pre-incentive discount goes vs the comps you researched?

20

I got to 60178 which is almost 10% + 1000 from PenFed. I am paying $3000 that includes All fees and first payment.
Payment is now 695 including taxes for 36/12k

21

Was your mf marked up? Almost $800/mo seems high for that pre-incentive at first glance.