Hi there,
I received the following offer on a Premium Audi Q5 with the following options:
Ibis White, Black interior
Convenience package $1,500.00
Panoramic sunroof $1,450.00
Cargo cover $255.00
Audi Beam - Rings $250.00
Audi Guard All-Weather Floor Mats $200.00
Apple® Lightning® and USB Type-C cables $110.00
Destination Charge $995.00
Which brings the MSRP to 47,710
I’ve calculated Taxes (NY) to be at around $2000
The lease is at 10k/39 months (I believe the RV is 50% and the MF is .00054 based on Edmunds data)
The monthly pay is 557
With only the DMV and first month due at signing
If my calculations are correct, this represents an 11% discount in the cost of the car from the MSRP.
I’d love to also get your thoughts on how I did this calculation:
I’ve calculated the total I’ll be paying (e.g. 557*39 = 21,723), and then, I calculated the MSRP minus the Residual value (47,710-50%=23,855) which is the price I’m supposed to pay without a discount
but then I got a bit lost… so the 11% is not exactly firm…
Can you explain the best way to understand the actual discount?
No. You can’t just make up numbers to match your quote. That’s why you want a detailed lease worksheet. I would guess that the following info is wrong.
Selling price, incentives, dealer fees, DMV fees and possibly MF.
Thanks for the feedback, I’ll work on trying to figure this out from the dealer as well as trying to get a better handle on this - for the time being, I’d love to get feedback on the offer if you have any - is this a good deal or a bad one?