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I really doubt your car is worth the buy-out price, but you might get an offer that will mitigate some of your turn-in costs.. I'd take any trade-in offer immediately that saved $1000 or more.
In most states, if you buy the car, and then re-sell it to an individual, you'll have to pay sales tax on it first. That would effectively eat up any cost savings. I highly recommend against doing that.
Good luck!
kyfdx
EDIT: $14,900 for a 60K '03 Audi A4 1.8? Is it Quattro? Even if it is, I don't think I'd pay $14,900 for it... But, you've been driving it.. Do you want to keep it?
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I wouldn't attempt to do anything but sell it to a dealer... Find out the payoff (without sales tax), then solicit offers from Audi dealers or CarMax...
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Recently I had the same issue with my BMW. I ended up paying the lease penalties rather than trading it in. Your situation could be different though.
There was only 1 dealer who could match with KBB. Rest of them were quoting below KBB, even if I wantd to trade it in with a new car. Some car dealers would point you towards the auction prices as well; They might be lower than KBB.
I would suggest to take the car and get quote from couple of dealers who would purchase it, so that you would have ball park estimate of your profit.
Viz
Just came back from an Audi dealer here in NY and thei si what he "offered" for an A4 2.0T:
Quattro
Convenience pkg.
Audio pkg.
Nav
prem
36/15k
total price 37400
otd 1133.00(1st mo(513) + bank fee 620)
A4 3.2
Same options as above.
36/15k
Total price 41640.00
monthly pymnt 634.30
He did say as I was walking out the door that he might be able to do better.
I need some feedback. Car-Man.
While someone here might have an opinion on your lease price, if you have specific questions for Car_man, he usually patrols the Lease Questions forum. Please post in Audi A4: Lease Questions , and he can take a shot at it.
Some extra information that would be helpful: Actual MSRP, and selling price.
regards,
kyfdx
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I'm also looking at a few '06 loaners with about the same equipment and 3800-6500 miles, all of which are priced at $29,870. I was thinking more like $27K. These cars have been in service since last May, so they have a very attractive warranty that's almost 5.5 years/100K miles, plus maintenance is included through the original warranty. Still, they are loaners (although a quick inspection shows clean bodies and interiors, plus new tires on all.)
Any thoughts would be appreciated on rock-bottom pricing, especially your thoughts on the loaners. I bought a certified Audi (not a loaner) at this particular dealer before and have had a good service experience, so I'm tempted by the '07 or '06 mentioned above.
what the dealer claimed as their invoice value was correct?
Thanks!
Jeff
PS: do you like carlsen as a dealer?
I'm not interested in lease info.
I was interested in leasing an AUDI A4 2T Quattro. I had wanted to take delivery of the car on Dec 30, but due to the saleperson/ finance manager (at the dealership) not having given me complete information on all the documentation required the approval did not go through.
Thereafter, I finalized a lease on the vehicle and obtained the approval in the first week of January from Audi Finacial Services as per a special offer then currently being offered. $379 per month, Money Factor - .00115, Residual - 73%. I negotiated a deal @ $430 a month with only the first payment down.
Since I was travelling out of the country for a couple of weeks, I requested the dealership to be able to pick up the car after I return since I had not been able to take delivery when I wanted to be able to take it and I would now be taking delivery only to not use the car at all for the rest of the month. The dealership readily agreed and did not at any point inform me that there is an expiration date when the approval lapses.
I also made the PAYMENT FOR THE FIRST INSTALLMENT OF THE LEASE as a gesture of good faith and firm intention to lease the vehicle. A referral of mine did infact sign the lease and take delivery of another vehicle at that time (all conditions were identical).
I was scheduled to return on the 29th of January, but due to the global British Airways strike, my flight was cancelled and I could not return till the 6th of February. On calling the dealership upon my return I was informed that my approval had been cancelled (even though I had never been informed about a deadline) and I would have to get reapproved at the new (much higher) rates. The fact that I had already made the first payment was deemed irrelevant.
I do understand that the dealership could not reasonably be expected to hold the car indefinitely, but the least I could expect from AUDI and the dealership was to have been informed. I was not reachable by phone since I was abroad, but my email address as well as the contact details of my colleague and referral (we had finalized the deal for both the cars together) were with the dealership. I recieved neither an email nor did my colleague get word that the approval would be cancelled by a certain date so that I could have been informed.
I have called the dealership and they have informed me of their inability to do anything since this is in the hands of Audi Financial Services (AFS). I called the AFS helpline and the customer care associate informed me of her inability to help me. Do I have any options at all?
Thanks a lot,
Sam
If your dealership won't help you, I doubt you have any options.. If you feel they treated you poorly, then I wouldn't want to do business there again.
regards,
kyfdx
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However, I must say that based on the information in your letter if I were selling the car I would have done the same thing! Lease deals are usually time limited- and when they are over they are over! Sad that strange and unusual circumstances seemed to provide such an obstacle but those are the facts. I recently sold a house and the P&S indicated that the buyer had 15 days to obtain financing. On day 16 I sold the house to the second buyer in line and have no remorse! BTW, I love my Audi!!
Go through the list, I open google and find the dealers web site, check inventory and ask questions through e-mail. I keep a spread sheet of those that respond and relative $$ values. From there the negotiations begin. I have a local Dealer whom I just purchased a jetta from @ $1028 under invoice. To keep him honest, he will be my last check although in preliminary discussions he has made some very deep cuts. You can look him up under zip 26301. Anthony is the owner... tell him Bob sent you!
How did you manage to get such a low quote? I wonder if the dealers are trying to make room for the 08 Avants?
Well done!
I just submitted a quote request from Edmunds, and thats it!
I can not find this car in any US reference sources. My thought is that in Europe they make this car available with the small 1.8 turbo engine as an option to the huge 4.2liter engine that is sold here since gas is so expensive there. I like all the fancy extras and think the 1.8t engine teamed up with the 6speed manual trans. will go fast enough while saving me a lot of gas $. Any knowledge about the S line with the 1.8t and the correct price for this car.
I am paying mid 20's
Adolph Stammler, the owner of this Audi dealership, has a monopoly in the Boulder area and appears to know it. When I initially went to purchase my Audi I test drove a car there and did some price comparisons of their price vs. a few of the dealers in the Denver area. They were the absolute highest price, even for the exact same model car with the same options. I gave the salesman a courtesy ‘last-look’ at the prices I received and their best offer was several thousand dollars over every other deal I had in hand. If you are looking for a new or used Audi I would highly recommend heading off to Denver. McDonald provided me with some of the best sales and service I have had.
Compounding the dissatisfaction of dealing with Stammler is their poor performance on several minor issues with my vehicle. I once had a malfunctioning driver side window. During the repair Stammler scratched the tinting up. I spent an hour with their service manager trying to get the dealership to repair the damage they did to my car. In the end they left it up to me with a vague assurance they would reimburse me for the damage after I got it repaired. I spent the time and money for their incompetence and they still stiffed me on the bill.
I have had instances where they gave me the wrong parts for a minor repair I tried to do my self or they take my car and do not have the parts available for a repair, two or even three times in a row for the same issue. These were all minor issues, but when I brought them to Adolph’s attention he tells me “We have excellent service here, if you don’t like it you need to go somewhere else” Well I did, I do and I hope you will too.
1) Is this a big deal? Why can't I just buy the extra warranty and get a new car?
2) Has anyone bought one of these cars and if so, have you haggled them down substantially?
3) Is it not smart to get these due to bad break in driving by the loanees?
I am pitching for around 26K + TT&L for the above configuration for 2006 CPO. The dealer is also providing me 5.9% APR financing and other standard Audi CPO features like added warrenty, etc.
Does 26,000 sound a good deal on this?
Also any feedback you may have before I lock into this car?
Thanks in advance.
Jason
2007 A4 2.0T fronttrak multitronic transmission
premium package
cold weather package
msrp 31750
purchase price 28500 (about 700$ under invoice!)
1500 down 368/mo 36mos/10k miles
did some serious over the phone negotiating at the end of the month picked it up the same day
love the car!!!
-2007 A4 2.0T CVT
-S line package
-premium package, tech package, bluetooth, Convenience
-8800 miles
MSRP: 38,185 (when it was new)
Asking price: 30,495
I originally wanted to lease...but now I am leaning towards buying. Here are the numbers:
Lease 1:
-2000 down, 36 months, 12k Miles, money factor: .00175.
Buy 1:
-4000 down, 591 a month, 60 months, 6.9%APR
Let me know what you think. Am I getting a fair deal?
Pick from at least 30+ base models, some which have been sitting on the lot over a month, with the premium package (all running from $30,0XX - $32,XXX)
-or-
Pick from at least 1 or 2 S-Line CVT, one with Navigation for $35,5XX and without for $34,3XX).
I really like the S-Line package, all the subtle changes really make it stand out to me however there is only 1 or 2 usually available which makes me think they won't want to drop the price so much.
I usually purchase everything up front. Some people will argue that I am crazy, I really don't see how, but thats just the way I have always purchased cars and usually works out for the lowest cost of ownership in the end after I crunch the numbers, however this is the most expensive car I have purchased so far. I am planning in this case to pay for 85% of the car up front ($13,000 for trade in of 2005 Scion tC, $10,000 down cash), and then pay the difference in the next 4 months.
With that much down, can I expect to maybe shoot for the following prices:
Base model 2.0t cvt w/ premium package- $28500?
Base model 2.0t cvt w/ S-Line package - $29500-$30500?
Higher? Lower? Will they likely not want to deal with me as much because they won't be getting much interest off me? Do car dealers like customers like me or grunt when someone makes an offer like this? So far I have gotten the 'Have you thought about leasing' spiel from every salesman I have talked to, at any dealership when I talk of my plan.
Thank you!
That way you're getting the exact car you want with out any add-ons.
It has Titanium, Premium, Convenience, and Nav Package (no Bose though (
MSRP: 44,890.00
12K Lease
I put $3000 down becuase I wanted to lower the payment a little bit.
My Payment is $545 a month which includes all tune-up/services and the Lease Wear and Tear Protection. $588 w/Tax
Is it a good deal???
Please let me know
Christian
2004 A4 Quattro AWD 6 Speed Manual
Color: Black
Mileage: 32000
Asking Price: $21500 + $2195 (Extended Warranty)
It has leather seats, all power features (including moonroof), heated seats, etc.
The same dealership also has the following car:
2005 A4 Quattro AWD 6 Speed Manual
Color: Silver
Mileage: 27000
Asking Price: $21900 + $2195 (Extended Warranty)
There is not much difference between the price, and the 04 is a year older and has more miles on it. But I drove both and I felt more hp on the 04 and the exterior/interior conditions are better (05 one had noticeable scratches and dings)
Thanks.
Happens all the time, someone has a 25 thousand dollar accord and they pay 550 a month. They want to get into a 50 thousand dollar car for 100 bucks more a month. Where did you folks go to school? Twice the car, twice the payment, its not voodoo or crazy math.
To be honest, yes car salesmen do cringe when you come through the door. You grind and grind for minimal amounts of money. If they discount a A4 more then 500 bucks you have a "mini", usually 100-200 dollar that the salesmen receive. People think that we make thousands and thousands of dollars off everyone. Its simply not true. If you are an educated person, you make a fair offer, not 1000 dollars under invoice, if you do, dont expect to get treated like a king. You make a low ball offer and you will get treated like a low ball customer.
Anyone in business knows, If you make 7-10 percent profit its a good business. You ask us to give all our profit and make no money on interest rate's or anything and still ask to be treated with kid gloves. Give me a break. I dont ask you to tile my house for a grand under what you pay for it. Its a slap in the face honestly.
Point being is, make fair offers, dont be unreasonable. We want to sell you a car more then you want to buy one! We are always willing to work with you on price. If all this goes as it should then its a very fun process, but you crying over 10 bucks a month is crazy. I expect alot of negative response to this, I am not attacking anyone at all, just trying to give some actuall infomation to you all.
To be quite honest, a good deal is in the eye of the beholder. What may be reasonable to a savvy buyer who's purchased cars for 10 years may be unreasonable to some one like yourself, who sells cars for a living. And to be fair, this is part of the business that you, as a salesman, have signed up for. You're going to get a spectrum of buyers who understand that dealerships need to make a profit and will make what you constitute as a "fair" offer, and you're going to get the other end of buyers who will stop at nothing to buy a car at cost.
My final point is that it's salesmen, such as yourself, that give the car buying process a bad name. Regardless if I'm purchasing the car at sticker versus purchasing the car at below invoice, the customer experience should remain the same. And it's that customer experience that will not only keep that customer coming back to your dealership, but also send referrals to your direction. If you don't think the buyer is making a fair deal, then counter it and let the negotiations begin - it's that simple. But to treat them differently because they make an offer which is unreasonable, creates a sour experience for both parties.
Most of the cars I've purchased were no more than 3% over invoice. Heck, the Audi dealership where I bought my '06 A4 sold me my car for $800 over cost, which I thought was fair, and so did they. And regardless of what I offered, they still treated me like a king, which is why I will go back without hesitation.
To your point, this process should be fun for not only the buyer, but also you as a salesman. And the enjoyment of the car purchasing process should not be contingent upon what's a fair deal in the eye of the salesman.
Best of luck in your profession and I hope my comments offer you a different perspective on the car buying process (from a purchaser's perspective). And as a final suggestion, may I advise never using a buyer's forum to vent about your frustration about selling cars to people like "us".
My advice is to go with the car you have a better connection with. While the 2005 is a bit younger, it sounds like you had a better drive in the 2004. Assuming the asking price is within reason against your research, I'd go with the 2004. The mileage is a nominal difference, and you're also buying the extended warrantry, which should help ease any concerns with buying an older car.
Sales people are not born with this attitude. The "grinder" customer just gets old at a certain point. You work with someone for four hours trying to get them a deal and they are not willing to budge and make a fair offer. I find that to be unreasonable, basically we are suppose to give everything and if its not what you want you get up and leave. You are right, it is a negotiation. Not hey im gonna offer you a really low price and not move, if your not being reasonable then why should i be? To your purchase, 800 dollars over invoice is a fair offer, and i would except it. Its the people that tell you " my offer is 2 grand under invoice, either you do it or ill leave" That is plain disrespect to a salesperson and his job. If someone feels disrespect ed then why should the sales person continue to be rational when the customer isn't? Its a 50 50 relationship in the higher end vehicles, its almost a courtship.
Also, Whatever you do for a living, lets say you install windows. You come to my house to give me a free estimate. You spend an hour with me showing me different options, giving opinions on what you think would fit me best. You've done your job very well, you lay down some pricing to me. I then proceed to tell you i want all that stuff for 2 grand less then you paid for it and if not then you can leave. This is common place in the 10-50 thousand dollar car market. That would blow your mind wouldn't it?
The majority of us car salesmen are not grease balls. The majority of dealerships are not out to rip people off. Some of us actually care about the customer and put there needs in front of our own. Many times i have pushed customers to a vehicle that suits there needs better, even though i will make less money on the vehicle.
Much like with any job, you take the bad with the good. You're going to get the rationale buyers who know how this process works and knows there is a seller involved, and you're going to get those that are going to frustrate the crap outta you because they want a Luxry car for $2K under invoice. But to be quite frank, I'm shocked that kind of buyer exists in the $35K - $50K range.
And my last post was not to insinuate all car salesmen are scum without spines; however, I've interacted with my fair share of schleprocks in the car industry. But the way your post came across made it seemed like that anyone who negotiates a "fair" deal is not worth your time. Now that I understand your perspective, I can appreciate where you are coming from and why you made your comments.
Either way, I was just trying to let people know that we are not all liars, i am 23 years old and very established in the business. My folks taught me that lying is wrong, period. I think we all know when we are getting lied to and its not a good feeling. Im just saying....try and base your opinions on a case by case basis. Its not to the same magnitude what so ever, but we all know what stereo types can do, there just unfair and with out cause.
Any who, Happy motoring!
I've been doing a lot of shopping lately. And frankly, I've been insulted at several dealerships by salepeople giving the same BS about how they don't discount the cars, that I'm so lucky I walked into the dealership today because it's the best program they've ever offered, and that if I don't buy the car today there's no guarantee they'll have any more left to sell. And I've been treated differently when I've driven in with a Civic than with my Audi. And just like a saleperson sizes up a customer, customers size up whether a saleperson is full of BS right away.
Point is - if customers get treated fairly, they'll be more reasonable back. You're absolutely correct about a 50-50 relationship. I find that people, generally, are reasonable... but you'll get bad ones no matter what income bracket you are selling cars to.