Looking for a gut check, would you sign this?
Audi S3 Premium Plus
MSRP: 52,885
Tax Rate: 6.25
Final Selling price: $47,500
Incentives: 3,000
Residual: $33,317
Amount Due on signing $3,000
36 month / 10,000 miles
Monthly: $574
Effective Monthly: $657
657 a month with 3k due or is it 573 with 3k due
Not bad. Residual is high, as is MF. But 10.7% off pre-incentives seems petty good to me.
Calculator shows $573 with $3k DAS
657 with 3k due, I haven’t been able to give me an itemized breakdown of fees yet
Pretty sure @AutoCompanion can beat that
Have you considered buying a GTI?
So then the effective is way more than $657
GTI is missing AWD and I’m terrified of that new infotainment.
Dealer has been cryptic about the difference in down payment vs tax/title/fees so nailing the effective monthly has been tricky.
Short answer is no. Although you are getting a double digit discount, the high MF does not help the overall deal. Is that base MF?
Any reason you are looking at this particular car?
Fairly certain it is base MF, unless there is a lower regional deal that I can’t see.
S3 checks a lot of the the boxes, it has 4 doors, AWD, under $50k (with incentive), 300hp.
The mrs vetoed a Charger and anything with a MT.
The state of MA makes buying out of state more complicated than it should be. Unless something changes then I’m steering clear of paying a broker fee for now.
I don’t know if you have more than one vehicle in the household or not, but we each just pick out our own cars.
If we compromised every time, we’d have three vehicles that neither of us really likes very much. 
The response I was given was $3000 includes “everything”, so presumably tax, title, registration, first month, dealer fees. So I think less than $1000 would go toward cap cost reduction? Without paperwork I can’t say for sure. Do you have any advice on how to negotiate this?
I would strongly suggest confirming on the Edmunds Forum.
MA residents here, so I totally understand.
The effective is defined as the total lease cost divided by the term (number of months).
It doesn’t split CCR vs tax vs doc fees vs reg.
@pkona - You will need to create a free account before you can post.
But you’re not checking these boxes. “Under $50K” should have a total lease cost way lower than the $25,000+ you would be paying.
What’s the point of being fiscally responsible (“under a certain selling price”) only in theory
Is this the only car you’re set on?
