Hi guys, been shopping around for and am close to finalizing the following deal, 12k/36 months:
MSRP: $64600
Sales Price: $52972
MF: .00136
RV: 56% (adding audi care to payment)
Acq Fee: $895 (paying upfront)
Upfront fees: $1847.38 (need to get a breakdown of this, as it includes the 1st month plus acq fee, but dont know what the remainder is for)
Base Payment: $617.34
Tax: $43.21
Monthly Payment: $660.55
I am considering paying audicare upfront, which according to the LH calculator would bring payment down to $629 tax included, and trying to get another $1k off the sales price to get me under $600 tax included. Any thoughts or advice? Thanks for taking the time to read!
Ask the dealer to separate the dealer discount and the incentives.
Let’s assume that $5k incentive is included in the quoted sale price. If that is the case, your pre-incentive sale price is $57,972. That’s barely 10% off MSRP. You should be getting at least 15% off MSRP on a 2919 model, IMO.
Thanks for the feedback. I’ve tried to push for a higher discount but have received nothing better so far.
Every dealer I’ve asked to discount the MSRP further and then add the dealer market allowance has said they cannot do that. I’m going to give it one more shot with this current dealer and see what they say.
Hi and thanks for the feedback. As far as I am aware in my region there are no incentives and only the dealer allowance. I thought there was a loyalty incentive on the S5 but I couldn’t find a source to confirm.
I can’t comment on the discount/incentives, but I wouldn’t bother asking for any additional breakdown on the up-front amount. If you add the $199 doc fee + the $895 bank fee and hit them both with 7% tax (both are typically subject to sales tax in most states), you’re only missing $16.25 of the $1,186.83 – the remaining amount is likely some miscellaneous tax (e.g., a tire tax, a state inspection fee, etc.)
If you are not in a rush, I will follow up with dealers at the end of the month. I still think you can do better than 10% off MSRP pre-incentives on a “1 year old” car.
Yeah I agree. I am going to the dealer on Thursday prepared to ask for a further discount. If they can’t do it I am going to say thanks and follow up with them in a week or so.