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Car Buying Advice - Audi and Multiple Security Deposits

xrayyouxrayyou Member Posts: 16
edited April 2017 in Audi
Hello-
Looking for latest on Audi MSD program. Specifically, max number of deposits allowed and amount of MF reduction per deposit. Thanks.
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  • MichaellMichaell Moderator Posts: 241,252
    xrayyou said:

    Hello-
    Looking for latest on Audi MSD program. Specifically, max number of deposits allowed and amount of MF reduction per deposit. Thanks.

    I believe it's a maximum of 9 MSD, each of which reduce the MF by .00005

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  • xrayyouxrayyou Member Posts: 16
    Ok, thanks. Is there a minimum allowable MF? With current MF of .00034, you would end up with a negative MF after applying 9 security deposits at .00005 each.
  • MichaellMichaell Moderator Posts: 241,252
    xrayyou said:

    Ok, thanks. Is there a minimum allowable MF? With current MF of .00034, you would end up with a negative MF after applying 9 security deposits at .00005 each.

    Minimum MF allowed by Audi is .00005. Starting at .00034, you would be allowed 5 MSDs, which would lower the MF to .00009

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  • daven1919daven1919 Member Posts: 6
    Is this info about the minimum MF still true for Audi?

    Am considering getting a 2017 Q5, and I know the dealers are already discounting them. Am wondering if they'll balk at the MSD.

    How much needs to be paid per deposit?
  • MichaellMichaell Moderator Posts: 241,252
    daven1919 said:

    Is this info about the minimum MF still true for Audi?

    Am considering getting a 2017 Q5, and I know the dealers are already discounting them. Am wondering if they'll balk at the MSD.

    How much needs to be paid per deposit?

    Yes, minimum MF is .00005 for Audi leases.

    Each deposit is the monthly payment rounded up to the next highest $50

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  • daven1919daven1919 Member Posts: 6
    Thx for the info
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