Calling Los Angeles-based car shoppers: Have you recently traded in (or plan to trade in) a car with negative equity (i.e. the amount you owe on your auto loan is greater than the car's value)? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 11/6 for details.
How is this S5 Coupe Deal?
Hi guys,
I got the following quote from a genteman dealer in northern california. Good? Bad? Average? I don't like the 3K down and I also don't like the RV. There's also some crap included like floor mats and $120 USB cables in the price..anything that can be done about this?
Audi S5 Coupe 2018 3.0T Quattro
Lease Terms: 36month, 12K
Sticker Price: 66,620
Sale Price: 61,500
RV: 56%
MF: 0.00123
Acquisition Fee: 895
DMV: 722
"Tire": 8.75
Taxes: Yolo County, CA
Payments quoted: $779/month pre-tax, $842/month with tax. $3000 down.
I've also thought about getting a broker but haven't done any negotiating myself yet with the dealer. This is the first quote he presented me with. Thoughts?
I got the following quote from a genteman dealer in northern california. Good? Bad? Average? I don't like the 3K down and I also don't like the RV. There's also some crap included like floor mats and $120 USB cables in the price..anything that can be done about this?
Audi S5 Coupe 2018 3.0T Quattro
Lease Terms: 36month, 12K
Sticker Price: 66,620
Sale Price: 61,500
RV: 56%
MF: 0.00123
Acquisition Fee: 895
DMV: 722
"Tire": 8.75
Taxes: Yolo County, CA
Payments quoted: $779/month pre-tax, $842/month with tax. $3000 down.
I've also thought about getting a broker but haven't done any negotiating myself yet with the dealer. This is the first quote he presented me with. Thoughts?
0
Comments
.00093 MF and 56% residual
$1000 lease bonus
The money factor markup is adding about $32/mo. to the payment.
$3000 is the total amount due at signing? That's just a big round number to keep the payment down.
You can put less upfront, but of course the payment will go up accordingly.
The calculations are correct, with the marked up money factor.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator