Is there room for more savings on this deal?

Ask the Hackrs Buy/Finance
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1

Hello Experts,

is the below a good deal or do I have room to negotiate further down? What can I ask to reduce?

  • Vehicle: 2026 Audi Q7 45 Premium
  • Exterior/Interior: White with Brown interior
  • MSRP: $66,000
  • Selling Price: $59,730.30
  • Audi Loyalty Rebate: $8,000
  • Lease Term: 36 months
  • Mileage: 10,000 miles/year
  • Residual Value: 52%
    • Residual amount: $34,320
  • Money Factor: 0.00242
  • Monthly Payment: $820.63
  • Due at Signing would just be your first month: $820.63
    • Due at signing includes:
      • First month’s payment
      • Registration
      • Nitrogen fill
      • Documentation fee
      • Inspection
      • NY Tire Fee
      • VeriFi transaction fee

Buyout for your current lease: 2023 Audi Q5 Sportback 45 TFSI quattro Premium, 23k miles

Selling price: 34,365.00

Total fee: 65.00

Total tax amount: 3054.19

72months @697.08

APR 9.99% (subject to change once we run the credit; this would be an estimate )

Thank You!

2

When does your current lease end normally?

3

Deal on the Q7 looks good. Total rebates is $8K; the loyalty portion itself is $2K. Just know that a new Q7 is right around the corner, if that’s something that will bother you.

As for other SUVs, a BMW X5 while cost more to lease, while a Volvo XC90, Acura MDX, Lexus TX, and Mercedes GLE will be comparable leases. An INFINITI QX60 will be less.

For your current Q4 e-tron lease, does that align with your contractual residual or payoff, or are they charging you a market-based value?

4

Residual on myAudi financial services is $33,900. So I think it more or less aligns.

I have one more month payment left before term ends.

thanks and good to know that I am getting a solid deal.

5

Since you are buying, you may want to see what other lenders are offering for new purchases. That is room on savings.

6

Are you comparing the cost of buying out your Q5 vs leasing a new Q7?

7

Audi leases are mostly trash rn so wrong brand to look at.