I feel OP got fleeced with the MF rate . Again I have no idea of sales volume and demand for q3 but Volkswagen is doing .002 MF . So Audi should not be any different . 3 % premium in interest rate sadds close to 100$ additional per month.
I also feel buy out might be better . The Interest rate is insane. Op is paying around 22k for the car over 3 years while cap - residual is only 10k . If OP is paying 43k for the car with taxes the depreciated car assuming 22k payment would be 21k after 3 years . Probably positive equity . Again this is moot if financing is required .
Enjoy the car. Don’t want to play spoilsport.
Why is everyone apologizing for commenting on the deal with regard to what could have been better? Compliments are ok, but criticism of the parts that are not great are less than ok?
OP came on a public forum to say “Here is my deal!” He/she (like anyone else) will get what you will get in response - good, bad and ugly.
I’m curious to hear how this deal could have been better.
Not signing on the inflated MF. Or doing a buyout. Or having residual at 70% considering the markup or doing maximum MSDs which bring it to less than 450 a month .
45k car needs to top at 450 -500 for a good deal. I understand interest rate share high. That’s why the deal needs to be in that range especially for a luxury car which depreciates significantly.
Has the OP commented on @Samaudibh’s last post?
Bet everyone scared them off
#yallsellouts
What happens to the number of shared deals when people see prior threads were open season to shit all over them?
Which in a 47$k car is +66$ before CA taxes and interest.
A base rate of +6.5% of extra cost. It does make a difference.
They go up in quality (and probably quantity as well) because people are then more informed going forward by learning from the missteps of the past.
Reading comprehension and math are hard, but not that hard.
Scroll up.
In case you missed it, interest rates are pretty high right now.
The RV is set by the manufacturer/ finance company. It is also based on mileage terms.
Your math is flawed here. What pre-incentive discount would you need to get to that monthly on this car?
Based on what?
Some folks are criticizing OP for signing this deal. Please show me a dealer/broker’s deal offering a 14% pre-incentive discount on a 2023 Q3 P+.
To himself I would imagine - repeatedly.
Volkswagen is doing .002 MF . So Audi should not be any different
Lowest I could find among the Audi dealers I spoke to was 6.49% (+Leasehackr’s PND on a Q5 has 6.67% APR). But that dealer’s discount on the car was much lower, so the monthly was $689.
I rather pay ‘high interest’ if it means lower monthly
Is this how you calculate the MF???
OP’s money factor was not marked up by the dealership at all!
The MF was not marked up and FYI the residual is not set by the dealer
JFC people just crawling out of the woodwork with absolutely nothing constructive to add and revealing their ignorance of how things work.
I get interest rates are high . But lot of manufacturers have started to pass on discounts with lower Rates . So if Audi is not doing it, and purchase timing can be tweaked better to wait it out .
Maybe this might be the best deal of an q3 at this point of time considering all variables, but does it mean it’s a good deal when you are buying high. Probably not.
That might be your opinion, but we can agree to disagree on this.
Again, show me a better deal on a new Q3 P+ in today’s market.
If you think anyone thinking about sharing their deal is going to watch this absolute shitshow of a thread and become more motivated to share, you are just deluding yourself.
People who aren’t informed can inform themselves by asking in Ask the Hackrs … the theoretical benefits of people “learning from the mistakes of the past” in this sub are completely outweighed by the costs of fewer shared deals because most rational people don’t want a shitshow resulting from sharing.