While the monthly is attractive - the discount seems like it could be more. This is for a Prestige which has been on the lot for 143 Days:
MSRP: $68,555
With that being said, here is a breakdown of our Prestige package.
$7,500 Tax Credit
$750 private offer $3,000 dealer discount
$3,000 total due
$1,700 equity in vehicle
57% residual
.00090% interest (2.16%)
Monthly $549 per month (includes tax)
Thoughts on a target selling price? Appreciate the feedback - also I know Costco is coming up next month so do I wait - Trading in a 21 A4 w/ 13k miles.
I asked that same question as I wanted a P+. Here was their answer: I will start off by saying a premium plus with the black optic package comes in close to $67k. The car we quoted is $68,555. Now the residual is 1% higher on the Prestige package which makes the payment better by $20 per month, so even with this car being less by $1,500 it ends up being close to a wash and actually not as good since there are basically none in Ohio so we would have to ship a vehicle in, but it wouldn’t be cheap enough for it to make a dent in the difference of payment.
They are not going to come close to 10% off so I am going to walk. There are dealers with P+ but are almost at sticker - was quoted $685/mo on a P+ today.
After about 5 months this is the best I could do with a local dealer with an in-stock car
2024 Audi Q4 Sportback Prestige
MSRP: $68,555 (would have accepted a straight Prestige, but you can’t find them right now) (Prestige, Blackout Package, Glacier White Paint)
Selling Price: $64,050 (About 6.5% Off)
Residual:58%
MF: .00096
Rebates: $10,750 ($750 Private Offer, $1500 Costco, $7500 EV, $1000???)
Trade in: $2410 (By far the most I have received)
DAS: $1,337.29
Monthly Payment: $477.29 includes Taxes (8%)
Also, on their deal sheet it says Sell Rate: .00096 and Published .00281 - I am getting the .00096, correct?
Brokers on here were at 8% - problem is, there are no Prestige to be had and once you pay broker fee and shipping, you were right back there. Also, getting an extra almost $1k by selling to dealer as opposed to going to Carvana. Cars are stuck at ports and no clue how the programs will change. Right now, Prestige RV is higher than P+