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There are no deals on the cars, either special financing or lease rates. People buy because they want them.
There are at least 20 S5's for sale on the net. Perhaps they're not selling as well as you think. And ''offers'' are now being accepted on the A5 (as was the case when i contacted a dealer last week).
With teh market at this time of the year. I was wondering what type of deals I could get. What type of "offers" are they willing to take?
Just from your figures alone, you'll be paying over $1000 a month and around $8500 in interest over 5 years. I'm not even considering the rest of the running costs here which won't be insignificant, ie insurance for a 22year old on an S5....
The S5 is a large GT cruiser car anyhow, more suited for older gents. Why don't you check out the any number of great cars at half that price and save yourself a fortune? You'll regret being stuck with such a financial burden after a while. At 22 you should be traveling, going out, saving something for a house/condo etc. Don't waste everything on a car. Just so you know, after even just a month or two, your $10k cash down-payment will have vanished. Just contemplate that for a minute or two. At the very least, you should be looking at used cars. IF you have to have a V8 Audi, get a two year old S4 and save yourself half the money.
You'll be doing well to get 5% discount on S5s still at the moment, still fairly hard to come by.
$270 a month for insurance is insane as well. You're going to end up paying $1300+ for car and insurance alone. Try bankrate.com. You can plug in whatever interest rate you can get and it will show you the payments over time along with the interest.
If you can afford those sorts of monthly payments, then you should still buy a cheaper car for a few years. Put the rest of the high payments away for a couple of years (it's called saving), then you'll be in a significantly better position to buy an expensive car. Just look at how much interest you'll be paying. It's your money though. Good luck.
There are a lot of choice at that price point. I would consider a BMW 335i or maybe wait for the new MB E Class coupe.
As amdscot said, $1300 / month car payment and insurance is a lot of money.
I would rather invest it on something else.
If you decide to purchase this car and select the little extras that I did, you should be aware of their true cost.
Audicare - price $650, dealer price - $350
Tirecare - price $475, dealer price - $175
These extras were given to me at cost to close the deal.
WHAT A CAR !!!!! Wow.
I've read your messages, and I see your very eager to purchase an S5,
I am in a similar situation as you are, but not for buying the S5, but a different car, and not by taking a 5 years loan.
Since this will be your first purchase for such an expensive car, have you test driven other cars? For example, 135i,335i, there is a newer E class coupe coming, IS F, but I think IS F is even more expensive.
Keep us updated and do remember to share your experience.
I noted the advice you gave to (AudiS5)
I was thinking about doing a similar thing as (AudiS5) is doing, but without taking such a big 5 years loan, and for a different car, not the S5.
I might take up on your advice and think about what you said.
You're right there are many cars to choose from, which aren't as expensive.
I'll most probably go for a Japanese car.
I myself am trying to convince myself to not buy such an expensive car,but its hard to decide.
Its easy to buy an expensive car, but paying for the next 5 years will be a big headache.
Do remember that there will always be a better car coming.
Thats a smart choice for looking at a used S5,A5. I asked you about test driving other cars, but you didn't reply anything, so I'll just assume that you're not interested in any other car.
Remember that European cars gets very expensive to repair once its out of warranty.
I really want to go for a bmw, just like you want the S5, but its to complicated for me. You have no idea how many negative things I've listen from my friends who works at bmw.
I've made up my mind for going for a Japanese brand, most probably a Lexus.
Just for your info, the newer S5 2010 will be replacing the 4.2 v8 with a 3.0 supercharged.
Where have you been (AudiS5) Its been 3 weeks, where have you and everybody else suddenly gone.
I have actually considered other cars, for example the Infiniti G37's are fantastic looking. I haven't had a chance to test drive one yet, but am hoping to in the near future. I am seeing some used A5's for the 39k mark and some used S5's for the 45k mark. For a 45k used S5 most of them come fully loaded with about 15,000 miles to their name. You are right about the warranty, that scares me a bit. Insurance also scares me. I visited the Audi dealership not too long ago and spoke with the dealer(of course given my age he didn't think I was serious), and he quoted me 59k for an S5 with nav, sound, and premium package.
I wonder what type of payments a car like that would run for 59k. I have plugged it in several websites and it says approx 800$ monthly. Anyone have any experience with this? That excites me about your new quartz colored S5, congratulations! Glad you enjoy it
No, friends did not lie to me, they told me the truth, after all they work for bmw.
15,000miles is a lot for a new S5, I wouldn't consider it,
Yeah, you should be scare regarding the warranty, unless you're in a good position financially.
Once out of warranty, German cars can be quite expensive to fix.
My cousin friend recently purchased a cls63 amg in 2009,l I think he paid around over $150K for it, not sure about the exact amount, now he wants to sell it, he is very likely to lose around $40 to $50k.
More detail: Prestige / Driver Assist / 5-spoke Tri / Dark Blue MSRP $61035. It was dealer's inventory.
Z.
S5 4.2 FSI® Premium Plus with six-speed manual transmission and quattro®
Base MSRP$ 52,400
Options price$ 400
Destination charge$ 825
Price as Built*$ 53,625
This is in Arizona
I am interested how much would be a realistic lease rate for this one on 36 months/10k miles with zero down and possibly a $1k down.
Is $800 tax included too low? My current lease on Q7 3.6L quattro premium with panorama and rear-view camera package or whatever it is is $790 tax included with zero down 36months/12k miles for $58k MSRP.
I have a specific issue and have to trade in my Q7 and get an S5 with some luck for 36 months/10k miles. I was looking into some offers Audi gives now and I can get fully loaded A5 for same price I'm paying now (tax included) with my Q7 trade-in.
It does seem a bit expensive to pay $790 (tax included) for an A5 with zero down and a trade in but I'm totally out of the loop.
Could someone chime in and help me out with some numbers here. What could be considered a good deal on S5 given my situation and whether or not A5 price I mentioned above is too steep? Is it completely unrealistic to hope for $800 a month (tax included) with $1000 down for S5 lease?
Thanks.
Options:
Metallic paint $475
B/O stereo $850
MSRP $54,925
Tax (NY) $2,968
48/months, lease payment $790/month (tax included)
Im Just paying first month,audi care maint,and bank fee up front.
The car is due for delivery in a couple weeks and I havent signed the lease yet, im curious what eveyone else is paying for the premium plus package seems most people are getting this car with the prestige package for like $1k/month.
Sports Rear Differential
Metallic paint
MSRP- 56000
Negotiated- 53427 (+750 over invoice)
48mo/10k
MF- .00216
Acq- 625
Doc- 150
Sec deposit- 800
WA- 9.5% tax
$779.05/month including tax
Thanks
p.s. Does anyone know when the 2011 model starts production?
Just wondering when 2011 models start production.
Thanks
Just an FYI. Purchased my S5 this past Friday. Amazing car.
Here are the details:
Trim Package: Prestige
Exterior: Phantom Black
Interior: Black with Carbon Atlas inlays
Options:
Driver Assist Package
Sports Rear Differential Package
19" 5 Tri-Spoke Wheel Package
Carbon Atlas Inlays
MSRP: $63,500
Paid: $61,000
Dealer threw in paint protection("MSRP" $600). Might have been able to haggle a lower price, BUT was last remaining Phantom Black S5 in Southern Cal area.
Cheers!
Z.
Do you have the lease rates for 2011 Audi S5 Premium Plus for 10k/36mo and 10k/48mo? Thanks.
In CO the dealers are really tight and are sticking to MSRP
Thank you in advance!
Do you have the lease rates for July? Looking to lease either a 2010 or 2011 S5, Premium Plus, for 15k/year what are the MF and Res for 36, 39 month lease? Are there any incentives this month? Looking to make a deal happen in the next 2 weeks...
Auto Prestige carbon inlays, side assist, rear shade, $63K
36-month | 15k miles | residual 57% | .00176 base money factor
its from http://www.ridewithg.com/index.php/2010/09/2011-audi-lease-rates-september-2010/-
Prestige Package, Comfort Package, Sport Rear Diff, Carbon Inlay, 19" 5 Tri-Spoke Wheels
Currently, these are the figures I'm looking at which is MSRP less 3%. On this vehicle, the internet sales consultant told me Audi's margin is 6%.
$ 67125 X 97% = $65111.25 + 6% tax + $190 doc fee + $47 title and license if transferring a plate which I'll be doing when the time comes.
The orders are running out until February which means if I order today, delivery won't be until February which is fine since I have an SUV to get me through a majority of the winter.
The dealer requires no money down since the car would be optioned out in a manner that would allow them to sell it easily if I change my mind.
How does this deal sound so far? Based on this thread, it doesn't sound too bad since TMV seems to be running right around MSRP across the nation.
No hidden fees or other options they're trying to throw at me (yet) so I'm pretty comfortable so far.
And I haven't hit them up with the trade aspect of the deal. I'm holding off until I make my final decision.
Thanks!