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Comments
My 30 month lease was up at the end of May which I extended a month. The buyout price is 23.6k, the dealer offered to throw in a 2 year extended. I was allotted 30k in mileage but the car only has 16k miles on it. The sticker price is $34.3k which includes the premium package. I've been trying to find a good used car to replace it but am I overlooking a potential deal here?
Audi Financial said it would give me a $2200 credit card but not sure if this would in conjunction with the extended warranty or not.
Any advice much appreciated!
Thank you
According to Edmunds the Invoice on this car is $36,955 w/o metallic paint (I prefer blk). The dealer considers invoice to be $37,789, this includes $834 of dealer costs (prep fee, port and advertising fee, etc.). Have you found any wiggle room in these fees?
Is this a good deal? I live in NY and got the deal from a Long Island dealer. Thoughts? Suggestions?
I am having a hard time figuring out where to start negotiation. I looked at blue book value for a trade-in, and that’s approx $22,000 in excellent condition. Is that a reasonable estimate of dealer’s cost? Should I go lower given that they picked it up in an auction?
What do you all think is a fair price? And what is a good starting price for negotiation?
Also, what are thoughts on going used w/o CPO certification? Vehicle has 37,000 miles and 27 months left on original warranty. I’m not going to put a lot of miles on the car – I don’t drive to work.
Any thoughts are much appreciated.
2009 A4 Avant Premium Plus model with Quartz Grey paint job. They even threw in a couple hundred bucks of accessories.
When I checked on Edmunds, I shot for something around $2k under "Dealer Invoice" and TMV. Whatever Dealer Invoice they are showing you is more smoke and mirrors. Shop it around like everyone else says and if the same car is on other lots, you should be able to get it much cheaper.
Good luck.
Thanks
Therefore I test drove a silver one and the ride was quite nice. This is my first time driving an Audi. The 2.0t is quiet but before you know it you are going 80mph. The ride was very comfortable and like i said very quiet, it was nice to be able to talk to my girlfriend without have to repeat myself every time. The car was what I expected, luxury and sporty at the same time. Now the color.......I really wanted Aruba Blue b/c it looks very sporty and that is the look i like. When my girlfriend saw the DSB she said it looks like black and she didnt want that. So I got my way with the Aruba blue and Gray interior. She be easier to keep clean.
Now to negotiations......the fun part. The car's MSRP was $38,000. I pitched him $34,500. He was a little bit worried about that bid but the guy was very cool and appeared to be fighting for me. When all is said and done and me making him go back and forth with the SM about 4 times. We met at $35,200.......My goal was $35,000. So i was pretty satisfied. When the SM realized I knew my stuff and was up for some haggling he came over and helped close the deal.
Overall I was VERY happy with JD Audi in Ramsey. They were quick and did not push me at all. At one time he wanted to talk monthly payment and I brought him back to the PRICE of the car.....the most important thing. he said ok.....no problem. The salesman was very nice and didn't try and push anything and generally didn't talk to much. The only thing was I question his knowledge of the cars. i don't expect much as these guys are salesman and probably not car guys like us.
I pick the car up Friday and we shall see how the rest of the transaction completes. I was in and out in about an hour and 15 mins.
I would recommend them, their pricing was the best so far from calling around and they seem to have no problem haggling. I could have probably walked out and talked them down another coupole hundred, but I was pretty exhausted of all the research I have been doing and calls i have been making. I am glad i am all done and cant wait till Friday.
now on to ordering some VMR wheels....those stock wheels have to go!! Thanks to all the people on the board and the info posted as it helped me 10-fold in closing the deal.
I post this to help anyone in the market
One last question: What are the finance rates on the 09 Avant. I'm financing for 60 months, b/c . . . why not. I thought the rate for 60 months was 3.9%, but the dealer is now quoting 4.9%. Is this correct or a last minute bait and switch? I'd like to get the deal done, but will walk if this business manager is just blowing smoke (it's the principle).
Any help is appreciated.
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Financing Start: 05/05/2009 End: 07/06/2009
1.9% APR Term: 12 months
1.9% APR Term: 36 months
2.9% APR Term: 48 months
3.9% APR Term: 60 months
4.4% APR Term: 66 months
Restrictions Special APR available on Standard, Premium, Premium Plus and Prestige models. Vehicle must be financed through the manufacturer's captive finance company.
Comments Dealer participation may vary. Incentives and Rebates are provided subject to the terms of our Visitor Agreement.
******************
That said, ask the salesperson for your credit score to make sure that something funky isn't going on like your score being unusually low making qualifying for best terms not do-able. If you have great credit, check the listing (and other Audi dealers in your area) to see what others around you are able to do.
Also, did you get VW finance to eat any of the payments? I know up until the end of May, Audi manufacturing / VW Finance was going to take the hit on the first two payments. I ended up paying zero down, financing for 36 months to increase the payments, and making them eat as much as possible. Ask other dealers if this incentive is out there...they may not tell you up front and quite frankly, I think it's really Audi who takes this hit (not the dealer) but there might be some incentive for the dealer to not give this money away so easily. It's in the loan docs that Audi manufacturing pays the first two payments. FYI, no salesperson I spoke to offered it as I chatted with them until I mentioned it well into our talks. I say this because if they didn't have an ulterior motive holding this info back, they should have mentioned it right at the start of our conversation to draw me in.
Finally, make sure you remember to deduct the sale tax on the car for your 2009 IRS filing if you qualify...you can thank Congress for that.
In summary:
1) check with other Audi dealers if there's a manufacturer's incentive to eat any payments for financed purchases
2) check Edmunds and other dealers for their best rates on 60 mon financing
3) check your deal to make sure your credit score isn't screwing things up or maybe it's wrong or something
4) all the while, work the other dealers too just in case this sales person is jerking you around...try to have a solid back up offer so you can walk away...
5) if you can wait another week or just before the end of June, perhaps they'll cave
I think you have a pretty good deal in hand but I think there's potential room to make it great. Don't let fatigue catch up when you are so close.
May the force be with you.
Anyone have luck getting 3.9% on 60 months as bear states above? I'm curious to know what kind of credit score is required for that.
First he offered 4.9%. I told him that another dealer is offering 3.9% (which was true) and he agreed to 3.9.
Which state do you live in?
Again, I apologize for not getting back w/ you sooner.
Check the Audi website for "Loyalty" or call other Audi dealers nearby asking what a credit score like yours should qualify for rate-wise for 60 months. Maybe Washington is really that high (on the low end for people with good credit), but I doubt it.
Or are you trying to secure financing to buyout your current lease? The rates quoted on Edmunds, etc... are for new cars. I really couldn't tell you what financing on existing leases for purchase might run.
Dealers in my area are incredibly reluctant to discuss finance rates - can't get a straight answer from anyone. I'm thinking they hold those back as a way to make a percent or two on the deal.
Anyone out there who can speak to rates in Greater Seattle area (esp. on a CPO car)?
(P.S. Yes Bear, I'm an existing Audi customer, but am hoping to buy out my leased car as a CPO)
Also, they're quoting me $299 for ceramic tinting, I'm not too sure how much this usually costs, but I didn't think tinting would be that much.
Salesdude said they just had their best ever quarter (Q1), so they're not likely to go much lower (it's true). I personally think it's still way high. Anyone in Ontario (Toronto or other area) do better?
Until June 30th, there's a $3000 CDN factory to dealer rebate. The salesman gave it back to me + the metallic paint.
I'm sure your dealer can do better.
Good luck
I paid $43,695. CDN before taxes including the $100.air conditionning federal tax, preparation and transportation.
You're right, I didn't use Audi financing.
car only 41 346
Add profit 1 650
PDI 995
freight 800
admin 295
air/gas taxes 175
reb. if cash -3000
Total bfr tx 42 261
Other options and their invoice cost that she told me about:
Sport pack 1 638
met paint 683
$34,800
-$1,000 (Conquest)
-$1,877 (Two payments by Audi)
-----------
$31,923
I only calculated the principle for the two payments by Audi, if you included the interest for two months as well it would be a bit more. I negotiated the price to include the dealer doc fee which would have been over $200 normally. Price does not include TTL, just the car and the doc fee. I'm in New England if anyone cares.
What can I really expect to pay for this.
TIA for any help you can give me. I'm really awful at negotiating and I need to know what to expect!!!
;-)
I was offered the following deal:
A4 Quattro Premium
Quartz Gray
Bluetooth
Homelink
iPod interface
Rear/side air bags
NO heated seats
My cost $470/month, $400 out-of-pocket. 12,000 miles/year for 36 months.
I'm not a big car shopper and wanted to know how I did? I think the sticker was $35,750 which was the highest priced Premiums they had on the lot.
Can you guys let me know soon? The dealer is after me to close the deal. Unfortunately I hadn't seen this forum earlier, otherwise I would have asked questions during my negotiations .
KK
Having trouble understanding the dealer's quote
35,320 is cap cost on Premium Plus quattro A4 2.0T with silver exterior, black interior, standard metal interior trim (no wood) - that is 10K miles per year with a residual of 19530. The cap cost includes 500 off via Conquest and subtracting the first month payment. The money factor is 0.00071. This makes for a total monthly payment of 503, which is 488 + 39 + 64 (base + lease fee + tax). I give 1052 down for license and title.
I thought the tax is usually paid up front? Why are they including it in each payment.
Thanks,
Marshal
Is there a limit on the amount that Audi will pay for the 2 payments? If I am buying a car with a finance for 2 years, will they pay for the 2 months with no limit on the payment amount.
thanks,
KK
Do you know if I can take a 2 year loan and make Audi eat up larger payments for 2months? Is there any limit on the amount they will pay? Thanks in advance for your help.
KK
The dealer said that the 2 payment incentive was only good for loans of 36 months or more which makes sense. They obviously want to limit the incentive somehow and this is one way to do it. I don't think you can get them to go down to 24 months but give it a shot.
To max the value of the 2 free payments, I shortened the length of the term to the min they would allow which was 36 months and didn't even put down a penny downpayment. They said that if I paid the loan off after 12 payments, that AFS could go after the dealer for the "lost" two payments. In CA, I don't think they can go after the customer for these unless it is explicitly stated in the loan docs. I still have to get my first payment in the mail (dealer said that it should show an automatic credit for the next two months and my first true payment wouldn't be till Sept) and the value of both payments should be around $2,400 in total.
Hope this helps. You should get clarity on this in case they have changed it due to people like me. Also, make sure something is amended in the loan docs and clearly states that AFS pays the first two payments so you have proof that the deal was struck.
Good luck.
Bear
"Prepayment. If you pay off all your debt early, you will not have to pay a penalty."
I wasn't told by the dealer either that I could not pay off the balance earlier. Not that I asked, but in the end only the signed contract counts.
~K