Initial response from the dealer before negotiation. According to Edmunds, the MF should be .00084. This pretty standard deals people are seeing 2024 SQ5 Prestiges?
Here is the worksheet from the dealer:
Thanks in advance.
Plug numbers into the calculator and see what a target monthly should be with a base MF and higher discount and present them as a counter to the dealer.
Hows SQ5 inventory in norcal? Can try closer to 10-12% with base MF. Audicare adds 1% RV i think, may be worth considering to add.
Prestige has the worst RV, if youre looking for a lower monthly, consider one of the lower trims (the plus or whatever its called).
You’re right, Premium Plus residual is 61%. Prestige inventory in norcal is pretty bad currently. A couple premium plusses.
I’ll shoot for closer to 10-12% with base MF. Thanks for the advice.
I personally would rather get the Porsche Macan or Cayenne deals if I have 1k/month to spend. I know some of the Porsche deals are CPO and not brand new.
Another option is the Q5e which is as fast as the SQ5.
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I considered the Q5e but plugging it in would be a challenge (Condo currently doesn’t have the infrastructure to allow regular charging).
Not sure what Porsche deals are around me but Norcal prices still seem up. Maybe they’ll drop now the 2025s have been announced.
Very unlikely. NorCal penalty and Porsches are Porsches.
Base MF: .00084
Residual: 58%
$0 Incentives
Apologies but I’m having trouble putting the above into the calculator handling the negative equity.
Originally posted about a 2024 SQ5 Prestige but sourcing one proved difficult. Got the attached quote for one on the lot instead and am pretty happy with it.
Dealer mentioned MF is higher as they put a bigger discount off the MSRP. They also said that they could not do $0 DAS but could take the first monthly payment when I picked it up and it would be that price for 35 months after that.
Not sure if the above sounds fishy but any and all advice is appreciated. Thanks in advance.
There is literally a field for trade in equity applied…just put -1095 there.
Post the link to your attempt.
This is what I get. I guess effectively this is correct. If I add the $900 and divide by 36 and add that to 900 it’s $925. Let me know if I’m missing something
There ya go. You do know Q5 is being updated for next year so I’d push for a bit more discount just to see if they budge…
Trying that now. Aiming for another 1k at least. Deal look ok to you otherwise?
Why the rush to dump a MY22 car with sub 15k miles?
It’s not like you’re getting a stellar deal on the new car
I’ve had my eye on an SQ5 for a while, Don’t think I would build up enough equity carrying the lease to term to make it worthwhile. I could be wrong though, open to input.
Generally ending a lease with negative equity not a great thing to do compared with just taking to term end especially if any money was placed down. I get you want the SQ but have you thought of gas costs here in CA as that thing will gobble premium? Also have you checked out the insurance increase you will get too?
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Try in the 2-week period leading up to 12/31.
Your goal should be $0 NE on the old one and an effective $700+tax on the new one.
Had 0 down. Normally don’t put anything down but these guys are adamant they have to take first months payment.
Might do that if they won’t go any lower
Yeah I’d be in no hurry depending on when current lease end is. Plus if there is a recession could be some deals coming…
Appreciate the advice
This SQ5 in Sac needs to be 20% off to sell because the color is hideous.
https://audi.niello.com/new/Audi/2024-Audi-SQ5-ecf1280b0a0e0a940703aba7a2fee161.htm
