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Prices Paid: Buying & Leasing Experiences Audi Q7 Prices Paid and Buying Experience
235 messages, Last post on Nov 20, 2009 at 10:25 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ltooz_audis (Mar 18, 2008 8:46 am)  .00006 08 Q7 premium + pano roof + convenience + 4Zone Sticker 53875.00 Capcost 49399 Bank fee 575 Audi Care 650 4500 cash 500+tax x 35 53% residual 28554. In CA Picked up the car last Friday. |
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Hello all- Looking for some help with a deal on a new Q7 I have been offered in Miami, FL. Looks good and the dealer seems pretty firm on the offer, but I thought I would ask for advice. Thanks for any and all feedback. 2008 Q7 3.6 Premium MSRP of $59,425. Mugello Blue over Black Leather Panorama Sunroof Conv Pack S-Line Pack with 21" Rims Navigation 4 Zone Climate Lease is 36 months with 12k miles per year. Money Factor is .00031 Net Selling Price (Cap Cost including rebate) is $56,502 (only if you lease) Residual is $30,306.75 Total Due at Signing is $3,137.72 Rebate $1000 (From Audi for Leasing) Net Due from Customer at Signing $2,137.72 (Includes 1st month, Dade taxes, tag, title) Monthly Payment is $754.56 + tax |
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Replying to: go4itmia (Apr 08, 2008 5:42 pm) 56502 -2000 = 54502 (54502-30306)/36 = 672 (54502+30306)*.00031 = 26.29 672+26.29 = 698.29 + tax The rate should be .00006 which lease charge can be $5 or $6 a month. Check the invoice on edmunds, offer 1000 below invoice, ask for buy rate and the dealer will make $1500 with the rebate and you get a nice deal since they have 1500 lease incentive + 1000 rebate. Good luck,
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Replying to: ltooz_audis (Apr 09, 2008 3:31 am) Not sure where you are getting the -$2000 from. The out of pocket cost is inceptions only. Either way I get the point I need them to drop the payment by $54 a month however, they do it. I have found telling them how to do (i.e. asking for the buy rate) makes them very defensive  . Edmunds shows an invoice amount of $55320. So, if I plug that number in with the buy rate I am right at the $699+ tax number you are suggesting. Thanks! 
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I've been told that audi extended their incentive of $1500 on Q7 to the east coast. (It was available on the West for a while now) Can anyone confirm?
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Replying to: go4itmia (Apr 09, 2008 6:49 am) 8.75%) + 760 + 400 ~ 3335 Always ask to know what is the registration is for your car? To me +/- $100 or $5/month is OK, off a lot, you need to question. The dealer should make about 1200-1500 depends on the car. If you choose the color and the options that they have many on their lot, they may let it go for 1000 profit or less. Edmunds invoice is pure invoice, dealer invoice is about 400-500 higher due to PDI, advertisement, interests, etc. Good luck, PS: find out what you want with the car also, like all weather floormats, rear mud guards, roof rack, you can get 20% off list price from the salesperson. I got my all weather mats front/rear/cargo for $100. |
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Replying to: go4itmia (Apr 09, 2008 6:49 am) if he sells to you for -1000 below invoice Capcost = 54320 bank fee = 575 audicare = 650 this one will bump your residual 1% Total capcost = 55545 cap reduction = 2000 adjusted = 53545 Depreciation 53545 - 30,306.75 = 23238.25 / 36 = 645.50 / month Interests (53545 + 30306.75)*.00006 (buy rate) = 5.03 / month Total monthly payment = 650.53 + tax Total drive off = 2000 + tax + (650.53+tax) + registration ~ $3100 Now, if he gives you the rebate 1000 then you only need 2100 then he only makes 500 from pure invoice which he may not do. If he keeps the 1000 rebate then he makes 1500 from pure invoice which he may do. You negotiate with this. If he keeps the rebate, you have to pay 3100. Try many dealerships and try to get a manager to work out deal with you, because if you go with a salesperson, the manager has to keep some money for the finance manager then you wouldn't get the buy rate. I think it's fair that the dealer should make 1000-1500 profit and give you great service. You want win-win and NOT hostile situation since it's very easy to get too while negotiating. Cheers and good luck, |
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Does anyone know if Audi finance still allows the dealers to lower the residual value of the vehicle to 5%? I am trying to buy the Q7 and take advantage of the very low money factor. Thanks for any input.
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Replying to: audieric (Apr 09, 2008 3:43 pm) divide that by 36, and pay that into an interest paying account on a monthly basis. then at the end of your lease make the balloon payment. if you pay more to AFS every month and the car gets totaled, you may loose some of the $$$ that you paid to AFS. |
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2008 Q7 3.6 Prem. Towing Package Panorama Sunroof Cold Weather Package DVD Navigation Convenience Package 20" Wheels w/ all-season tires Invoice: $ 53,892 MSRP: $57,375. MF: .00006 Selling Price: $53,500--Including Audicare At Delivery: $1,000. Monthly Payment: $700.43 plus sales tax= $742.46 36 months/15K per year. I'm thinking this is pretty good--Any opinions/comments. Thanks, 2 Goose
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