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Audi S5 Prices Paid and Buying Experience

kyfdx@Edmundskyfdx@Edmunds Posts: 25,914
Tell us about shopping for a new S5!

Moderator - Prices Paid, Lease Questions, SUVs

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Comments

  • from discussions on other boards with buyers of the car, it sounds like they are tight but around, and are trading pretty much at msrp, but some guys are getting small discounts (biggest i heard about was 1500)...really nice car!
  • rjlaerorjlaero Posts: 659
    Supply is very short for S5's as many dealers are sold out and waiting for cars to arrive. Most people are paying MSRP. Seen a few dealers asking as much as 10k over sticker.
  • afm35afm35 Posts: 7
    FYI - I went to a South Florida Audi dealer and their lease price on an S5 is as follows:
    36/10K
    60% residual
    MSRP - no discounts
    money factor was .00417

    I was willing to go MSRP but I found the money factor absured. I have excellent credit 800+ and already qualified with Audi Finance as I currently have an A6.
    They stated that Audi finance was not dealing on the S5 because of demand and that while the money factor was high on the S5 they were very low on the Q7 and A4 in other words they make up the difference on the S5.
    Any other experiences out there???
  • rjlaerorjlaero Posts: 659
    You're almost better off buying the S5 unless you need to lease for business or tax reasons. Audi knows it has an incredibly hot car, so don't look for any sweet money rate factors.

    But that translates in an interested rate of 11.3%. Your Audi dealer can sandbag multilple points on the back end to try to make more money for the finance people in the business office. No doubt there trying to do it there to make some extra money.

    Car rates are around 7% at most banks right now if it's not subsidized through the manufacturer.

    Even with 4 or 5 grand down, on a loaded S5 in the 58k range, your not going to get much change out of $1,000 on a lease payment.
  • THE CAR IS STICKER, FIRM. DEALERS ARE SELLING THIS CAR BEFORE IT GETS TO THE DEALERSHIP, EVEN BEFORE ITS GONE INTO PRODUCTION.
  • afm35afm35 Posts: 7
    That is exactly true as the dealer gave me the ability to select exactly the car I want color, options etc... the car would be built for me. Place the order and the car would be received in 90 days.
  • rjlaerorjlaero Posts: 659
    90 days might be a bit optimistic. Some of the S5's are getting back-ordered and it could take 4-5 months to get one. Even if you punch a sold car in the system, if you don't have an allocation to build one at your dealership, you have to wait until your dealer gets one.

    Audi can't make enough of the 4.2 engine and the production plants are getting max-out with V8 orders.
  • I just negotiated (?) an S5 for MSRP with Audi Care thrown in ($600 value). I financed through my credit union at 5.99%. When the dealer got the request to send the signed sales order to the bank, they offered to finance and asked what rate I got. I said 5.99, they said they thought they could beat it. I sent the app over, and they approved me at 5.90. But then my credit union lowered my rate .25 to 5.74 if I made direct withdrawal payments, which I will.

    So you can get a competitive rate with Audi on this car.
  • bmlexusbmlexus Posts: 755
    whats the difference between a s5 and a5? i started liking this car today LOL but im serious.
  • laurasdadalaurasdada Posts: 2,487
    V8 v. V6 and $40k v. $50k to start...

    '13 Jaguar XF, '11 BMW 535xi, '02 Lexus RX300

  • The best price is MSRP, pretty much anywhere. I just got mine and I love the car. I went back and forth with the Corvette and the 911 Porsche. For the value the Vette is the car but for the performance and handling the Porsche is king. And then I saw this S5, all I can say is WOW this is the car of my dreams. Drove it, it drove like the Porsche with the same hp but 25k less. Plus you have full back seats that a normal person can fit into just incase. More options than the Porsche, and much nicer interior than the Porsche. Totally forgot about the Vette. Go test drive an S5, you wont be dissapointed. As for the interest rate they started at 7.4 and I got them down to 6.19 and then went to 5.49 for 60 months or less. I ordered one and they told me 90 days. A week later someone cancelled there S5 and I took it. So I waited a week and had one by luck in Palm Beach. They have a White/Tuscan available for sale in Feb. or the demo right now if they still have it.
  • bmlexusbmlexus Posts: 755
    Nice car. Is there some kind of shape difference between a s5 and a5? I know there is a difference is it a lot.

    When will there be a new s6 ?
  • Shape is the same, just missing the Hi-Perf motor and all the up grades.
  • rjb6rjb6 Posts: 29
    Just put a $2,500 deposit on an 2009 S5 Automatic. Could have negotiated that deposit price but didn't. He also said it was a non-refundable deposit. Again, could have negotiated for refundable clause e.g. car must arrive before XX date or stuff like that.

    Had to 0rder a 2009 and got the dealerships last 2009 Allocation slot. Dealer's allocations are by transmission type also.

    They are talking about a July Delivery - but I have no clue how accurate that is.

    NO pricing as the MSRP is not released.

    They also have a new 2009 Only option - Slot Box?? Can't remember what it is called but it allows you to adjust the suspension and drive on the fly. Not sure if I want to pay the 1500 to 3000 price tag. They don't know how much it is yet.

    Debated between the following cars:
    - Infiniti Sedan G35x (currently own an 05)
    - BMW Coupe 335xi

    All of which are great cars and worthy of purchase and enjoyment. Been seriously considering the S5 since Dec-07 and Finally Today April-08 signed.

    I think my Girlfriend is very happy that she does not have to get dragged along to an endless line up of dealerships on Sat/Sun days.
  • I ordered my 2008 S5 manual transmission model in January from a dealer here in Milwaukee, WI. The dealership is being very ellusive about providing any information to me as to when I might get my car and I'm getting really impatient! I called a dealer in Chicago and she told me 10 months!!! Is this possible? I have an S4 that is almost out of warranty and I want to get rid of it but I can't believe I have to wait 10 more months for my car. Does this sound right or is the Midwest just the wrong place to find an S5? I will travel if need be to get an S5...gotta have it!
  • bmlexusbmlexus Posts: 755
    10 months I dont know if the dealers are telling the truth or not.

    IMO very high end luxury don't even take 10months. well maybe an aston takes around 2 years but audi 10months

    You should really check somewhere.

    You can also read other posts here who have ordered the s5 they will get delivery within 3 to 4 months.
  • Well, the dealership in Milwaukee is TERRIBLE!!! My business partner is in Chicago today looking for me. Thanks!
  • schuhccschuhcc Posts: 5
    I'm in Illinois and am 8th in line in the West Suburbs. They think that they'll probably have an allocation for me in November with the ability to take European delivery between May and August 2009.
    There was one 'demo' (grey and red that all the dealers got) that was 10k above msrp because of the immediate availability.

    I have a 2000 C70 which is never going away so I can afford to wait 14-19 months. But I imagine you'll find the same answer at all the dealers that you'll be ending up somewhere to 3rd to 10th in line depending on where in the Chciagoland area you go.

    Within a 30 mile radius of the city the dealers can be pretty awful and snobby. That's why I went 31 miles out. ;)
  • You'd think we're trying to get a one of a kind car, wouldn't you? Talked to that particular dealer yesterday with the demo for 10k over msrp....they'll get it from someone! I can wait for a 2009, I guess, but no one in Milwaukee can guarantee anything. May I ask which dealer you went to for your order? Don't really want to order out of Chicago, but I will if they can guarantee I'll get a car SOMETIME!!! :) :)
  • schuhccschuhcc Posts: 5
    The only problem is that I think that the board will end up blocking dealership names, but let's give it a go.

    Continental Audi in Naperville
    Family owned and just a great bunch of guys. R. Charleson is the salesman and you can let him know Craig referred you.

    I try to stay away from Laurel Audi of Westmont at all costs.
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