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9% off of MSRP of a 2015 SQ5 - Is this an awesome, or just good deal?

gedalneilgedalneil Member Posts: 16
edited May 2015 in Audi
MSRP-$61,105 Sell Price-$58,161.60 (includes $2,400 for current car lease payments)
7,500 miles a year
NY Tax- 7.375% included in monthly payments
Residual-58%
Money Factor-0.00101
$2,400 is being added to the sell price (already in the $58k) to pay off current car, so true negotiated price of car is $55,761.60. This translates into a 9% savings off of MSRP.
Monthly-$807.56 with $1,055.01 due

Options:
Audi Guard Protection Kit
Bang & Olufsen Sound System
Technology Package
Supercharged Badges
Audi Guard Wheel Lock Kit
Fine Nappa Leather Package
MSRP:$61,105

Thank you all for your input.

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    MichaellMichaell Moderator Posts: 241,316
    gedalneil said:

    MSRP-$61,105 Sell Price-$58,161.60 (includes $2,400 for current car lease payments)
    7,500 miles a year
    NY Tax- 7.375% included in monthly payments
    Residual-58%
    Money Factor-0.00101
    $2,400 is being added to the sell price (already in the $58k) to pay off current car, so true negotiated price of car is $55,761.60. This translates into a 9% savings off of MSRP.
    Monthly-$807.56 with $1,055.01 due

    Options:
    Audi Guard Protection Kit
    Bang & Olufsen Sound System
    Technology Package
    Supercharged Badges
    Audi Guard Wheel Lock Kit
    Fine Nappa Leather Package
    MSRP:$61,105

    Thank you all for your input.

    Base MF and a healthy discount from sticker - can't see how you can do much better.

    Enjoy your new Audi!

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    gedalneilgedalneil Member Posts: 16
    Michaell said:
    MSRP-$61,105 Sell Price-$58,161.60 (includes $2,400 for current car lease payments) 7,500 miles a year NY Tax- 7.375% included in monthly payments Residual-58% Money Factor-0.00101 $2,400 is being added to the sell price (already in the $58k) to pay off current car, so true negotiated price of car is $55,761.60. This translates into a 9% savings off of MSRP. Monthly-$807.56 with $1,055.01 due Options: Audi Guard Protection Kit Bang & Olufsen Sound System Technology Package Supercharged Badges Audi Guard Wheel Lock Kit Fine Nappa Leather Package MSRP:$61,105 Thank you all for your input.
    Base MF and a healthy discount from sticker - can't see how you can do much better. Enjoy your new Audi!
    Thank you so much.  Just confirmed this is for 10k miles.  For 7,500 it is $50 less a month.  

    You mention base money factor as compared to?

    also, have you heard of a dealer eating payments? 
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    MichaellMichaell Moderator Posts: 241,316
    gedalneil said:


    Michaell said:

    MSRP-$61,105 Sell Price-$58,161.60 (includes $2,400 for current car lease payments)
    7,500 miles a year
    NY Tax- 7.375% included in monthly payments
    Residual-58%
    Money Factor-0.00101
    $2,400 is being added to the sell price (already in the $58k) to pay off current car, so true negotiated price of car is $55,761.60. This translates into a 9% savings off of MSRP.
    Monthly-$807.56 with $1,055.01 due

    Options:
    Audi Guard Protection Kit
    Bang & Olufsen Sound System
    Technology Package
    Supercharged Badges
    Audi Guard Wheel Lock Kit
    Fine Nappa Leather Package
    MSRP:$61,105

    Thank you all for your input.
    Base MF and a healthy discount from sticker - can't see how you can do much better.

    Enjoy your new Audi!

    Thank you so much.  Just confirmed this is for 10k miles.  For 7,500 it is $50 less a month.  

    You mention base money factor as compared to?

    also, have you heard of a dealer eating payments? 

    Compared to a marked up MF that the dealer can choose to do.

    I wouldn't say that the dealer "ate" the payments .. it was added back into the cap cost.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    brian125brian125 Member Posts: 5,244
    edited June 2015
    @Rudriving, and @gedalneil

    Did you buy the SQ5 yet . Looking for feed back on the Q'5 ride on uneven roads. I'd hate to plunk down 65k and be bouncing all over the place. This vehicle will be driven mostly in NYC area where the roads are not good. I'm thinking the Q5 might be a better fit. I test drove the SQ5 out in NJ where the roads are so much better. Looking to buy the 2016 model

    23 Telluride SX-P X-Line, 23 Camry XSE

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    gedalneilgedalneil Member Posts: 16
    Pardon the late response here.

    I wound up ordering a 2016 with 20'' wheels scheduled to arrive in August. Regarding the ride, it is definitely firm. We had a car with 21'' wheels on the test drive so we did notice the ride, even around Westchester, NY. It rode exactly as expected, firm and predictable.

    My suggestion if you go with SQ5 in NYC (I lived in NYC for 15 years)? I would get the 20'' wheels with wheel insurance if you are concerned about potholes.
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    gedalneilgedalneil Member Posts: 16
    Here is the update on a 2016 I ordered. I appreciate everyones comments.

    What do you think? I still feel like there is room in the monthly. Thank you so much.

    MSRP 62,800
    Negotiated 57,147.99
    Monthly (including 8.375% Tax) $839.46
    Payment at Sign - $1,086.91
    Miles - 10000

    7,500 Miles = $821.61
    Payment at Sign = $1,069.06
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    MichaellMichaell Moderator Posts: 241,316
    gedalneil said:

    Here is the update on a 2016 I ordered. I appreciate everyones comments.

    What do you think? I still feel like there is room in the monthly. Thank you so much.

    MSRP 62,800
    Negotiated 57,147.99
    Monthly (including 8.375% Tax) $839.46
    Payment at Sign - $1,086.91
    Miles - 10000

    7,500 Miles = $821.61
    Payment at Sign = $1,069.06

    Addressed in the other thread ... .00155 and 58% for 36/10. $781/mo with tax.

    MF or net cap cost may be inflated.

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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