Last post on Nov 18, 2013 at 4:52 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Audi A4, Sedan
#1231 of 2072 Re: The summer of audi event [sondu51]
Jun 04, 2009 (9:20 am)
Just bought our new Audi end of May. In all honesty, you need to walk into the dealerships and tell them of what you expect or already have in hand. Initially, I had no idea of the different incentives until I gathered bits of info here and there. Live in California and if you look at the San Jose Audi website, you'll see what kinds of incentives are / were available (they called it a "Garage Sale"). Def ask for:
1) Conquest rebate if you have another premium model year 2004 or later
2) Cheap financing if you have good credit
3) If you finance, have the manufacturer pay the first two payments
4) Ask under dealer invoice by a good margin
In the end, I'm sure I could've squeezed out more but here's what I got:
2009 Audi A4 Avant quattro w/ metallic paint Premium-Plus trim
MSRP = 40,150 + TTL according to Edmunds
Dealer invoice = $37,400 according to Edmunds
BEFORE incentives I got $36k + TLL
Then $1k cash back Conquest Rebate
1.9% financing for 36 mo...I did 100% financing because...
Manufacturer paid first 2 pmts for Summer Event
If you net the all incentives out, I paid about $32,500 + TTL
No dealer will tell you these are available until you press them on it and say some other dealer has this offer in front of you. They didn't say anything like "we need to do this deal before May 31" or anything like that which leads me to believe it is somewhat open-ended.
One more thing, I got them to throw in some other things/accessories which costs another couple hundred for free.
#1232 of 2072 Re: The summer of audi event [bear_4_life]
Jun 04, 2009 (9:33 am)
How much is your payment?
#1233 of 2072 Re: The summer of audi event [mbrokerny]
Jun 04, 2009 (1:50 pm)
Well, unfortunately, tax is crazy high in CA...almost 10% in my county. That said, price I paid was $36k + TTL which amounted to over $4k and I financed 100% to max out the pmts. At about $40k principal, 1.9% annual rate, 36 payments (again, I took the shortest timeframe to max my pmts, and thus the benefit), the monthly pmts are around $1,150 so they eat nearly $2,300 and I make only 34 payments. After the first two months, I could theoretically pop in a lump sum (as if I did a down payment), to cut the monthly payments down a bit, however, at 1.9%, that's pretty cheap lending. My goal was to max out the payments and end up having Audi take those two pmts. That help? I brought my trust HP 12C to make sure of everything.
#1234 of 2072 Re: The summer of audi event [bear_4_life]
Jun 04, 2009 (2:19 pm)
Congratulations on your new A4. When put into consideration the interest saving of at least 3% over regular car loans, you got your new ride for under $30 grand. Unbelievable! Awesome deal and great strategy! You must be a business major.
As to the nearly 10% CA sales tax, you can deduct it on your income tax return this year. That helps, too.
#1235 of 2072 Re: The summer of audi event [jtla]
Jun 04, 2009 (2:33 pm)
Bingo...I did forget to mention that too. I did take this into consideration and made sure that I could qualify for the "Tax Provisions in the American Recovery and Reinvestment Act of 2009" as defined by the IRS. See following link:
My thought was to upgrade one of my old cars in the next couple years, however, the deals, tax breaks, and incentives made me pull the trigger earlier than I planned.
Finally, I do have my MBA...so the moral of the story here is - stay in school and you can get a killer deal if you crunch the numbers!
#1236 of 2072 Hi all...I was offered a quote for premium plus with
Jun 04, 2009 (6:34 pm)
sports suspension - $38,165.00 (No navigation). Including taxes etc it comes to 41K.
(They will be picking-up 2 payments. So, the price will come down by 1400 or so)
Any thoughts on how good/bad of a deal this is?
#1237 of 2072 Re: Hi all...I was offered a quote for premium plus with [anitha]
Jun 04, 2009 (7:36 pm)
What's the MSRP and invoice ? Do you qualify for Conquest or Loyalty?
#1238 of 2072 Re: Hi all...I was offered a quote for premium plus with [s0l0]
Jun 04, 2009 (9:17 pm)
Hmm...should I ask him to breakdown the quote as MSRP and Invoice? He hasn't given me such break down. No, I don't qualify for loyalty or conquest. Audi will pay 2 of my payments though.
#1239 of 2072 Re: Hi all...I was offered a quote for premium plus with [anitha]
Jun 05, 2009 (4:55 am)
Invoice for Premium Plus with one of the sport packages (18" or 19") and metallic paint is $37073. You should aim for invoice minus $500 which is roughly $36,500.
Unless the car has other options or is the Avant, your offer is really bad.