Have an offer for 2024 Audi Q4-50 eTron Quattro:
MSRP - $61k
Dealers discount + Manufacturer rebates - $15k
Total downpayment including everything for me - $6k
Lease - 7500 Miles per year | 24 months
Monthly payment: $350 per month post tax total
Residual - 63%
Rate - 0.00248
Is this a good deal?
You might want to put a calculator together so people can help you better by knowing the discount off of MSRP and the incentives offered. I think most people here will tell you to reduce the amount of money you’re putting down.
You’d reduce your total lease cost by maxing MSD instead of such a large DAS.
Based on the image I shared, which number do I want to look to bring down?
Its a Good deal . Take it
A little off topic but as an Audi dealer, do you have any information about the Audi EV Ride and Drive incentive ($1000)? I’m in the northeast and dealers don’t seem to know about it. Is it an email code? Thanks
It’s only for the LA area
Damn, appreciate it
I would not put $6000 down
Especially on a 2 year lease with a 7500 mile cap
The etron is also very inefficient and is being phased out
However. You definatly are better off leasing because these have a terrible resale value.
What’s the reasoning behind not putting $6k down for this? I have flexibility to play around with downpayment/lease.
Have you read this?
Noob question - what does maxing MSD mean?
Putting down as many MSD (multiple security deposits) as the lessor allows. Which would be 9 or 10 in Audi’s case.
Because if you total the car, that money is gone. Only pay taxes and acquisition fees, what’s called “drives.”
If you want to lower your payment and don’t mind putting cash out to do so, do MSDs to lower your overall cost by lowering interest rate (bc unlike down payment, you’ll get that money back), and just stick that money in a high yield savings account and use it to pay a portion of your payment for the next 36 months, or the entire payment for however long the money lasts. Better than giving it to Audi.
each security deposit would be one monthly payment rounded. and you get a slight decrease in the MF for every security deposit you put in upto max allowed. so instead of putting down 6k, you might as well do max MSD, which would reduce your MF, effectively reducing your total lease cost.
