Thanks to everyone’s help here, I got what I think is a solid deal in Southern California on a 2020 Audi SQ5 Premium Plus. Really appreciate all the guidance from this forum.
2020 Audi SQ5 Premium Plus MSRP $65,405 Discounted price $58,300 (10.9% off) Audi incentives/lease cash $2750 (includes Season of Audi) Final cap cost $55,550
Monthly payment: $546 + tax ($597/mo. after CA tax of 9.25%)
36/10 lease
MF .00042 (buy rate)
RV 57%
No MSDs (no desire on my part)
Drive offs only ($2598 - TTL/DMV/acquisition fee)
Southern California (I live in Northern California, so I left at 9am and picked up the car at 3p, got back home at 11p!)
Edit: Added Audi Care in finance - $999 set price, but it bumped RV to 58%, so the $999 product added $10/mo to my payment (which means it only costs me $360 over the life of the lease), they also comped a clear bra (which is standard practice at this dealership)
Congrats on the deal! and good looking car and color combo! Just an FYI, your effective monthly payment isn’t 546 since you paid your fees upfront. I would adjust your title and post to be more reflective of the deal.
The deal is accurate in the sense that that’s my monthly payment (600 after tax, and 610 after Audi Care), and I did disclose that I paid tax tags title and acquisition up front - but there was no customer cash cap reduction, which is usually when people say you need to be more transparent. (I don’t see many people posting deals where they did a pure sign and drive, but yes, I could’ve increased the monthly at my option and rolled in my acquisition fee and DMV fees and taxes - you’re right!)
At least I laid out all the numbers - a lot of people post good deals and neglected to link the calculator or disclose that they did $2000 down payment or that the MF is inflated, lol. None of that here.
I blacked it out out of respect for them. If anyone is shopping for this car and wants to DM me for advice, they’re welcome to - but I figure better etiquette not to put the dealership on blast if they feel like they did a loser deal for them and don’t want dozens of phone calls suddenly expecting same.
At least that seems to be the etiquette on this site.
That’s right - I waited until this time of year on purpose. Most dealerships were quoting me 4% off MSRP on the 2021 model. Between not feeling like I needed the new model year and feeling like that was a joke of a discount, the 2020 model year was a no brainer.
If you want a 2021, I would get them in April/may once they’ve had the new model year for a while.
A lot of the 2021s on dealer websites aren’t even at the dealership lot yet, so not much incentive for them to take a haircut to move the unit that isn’t taking up any space yet. That’s my thought at least.
I have a deal on the table for 2021 Q7 45 premium plus. MSRP $59,100 and they are willing to do 8% off MSRP in addition to a $1500 incentive. From what you are saying, sounds like that’s a good deal? Maybe I should take it
