It’s not the best number and I was fully aware that S5s don’t lease well and have little incentives, but I was able to take advantage of the Costco 10% off offer despite the shortage of S5 models. The dealer would not budge past 10% and I tried a few times. I was very selective on the vehicle, so I wasn’t able to shop around for a better deal. There are only 4 blue S5 within a 500 mile radius. Dealer did try to get me with a higher MF but I had them bring it down to buy rate.
This is the exact vehicle I got and I took this picture from the dealership’s website.
A friend of mine just leased one a month a ago, his monthly payment is about $100 higher than yours. S5s are hard to find and really heard to negotiate as well.
If you are a Costco member, they may be able to take 10% off the MSRP automatically. If not, then you’re out of luck. They’re not discounting these vehicles much due to short supply. Second, do look up the MF and residuals on Edmunds so that the dealer do not mark up the MF.