Hello, so I working out a deal and wanted to have a second opinion. See the numbers below.
2019 Q7 Premium Plus 2.0T SE
12 Miles Per Yr/36 Months Residual Value 56% Money Factor .00145
MSRP: $62,090 Dealer Selling Price: $52,242
$895 Bank Fee $798 Dealer Fee $236.47 Electronic Filing Fee $226.50 DMV/Impact Fees $118.51 Tax on Fees —— $2,274.48 Total Fees
Pretax Monthly Payment: $630.00
Monthly Payment with Tax (FL 7%): $674.00
$2,274.48 + First Month = $2,948.48 Due Upfront
Dealer Zip Code is 33304
Let me know your thoughts! Thanks!
I confirm .00145 and 56%
Of the dealer discount, $3750 is coming from Audi in the form of incentives.
With the prices given, I get $654/mo with tax included. My guess is the MF is marked up slightly, to account for the elevated payment.
I'd also ask to restructure the deal and include the bank and dealer fee into the monthly payment; this will lower the up front costs but inflates the monthly payment.
Hey Michaell,
Thanks for the prompt response!
I actually got the same as you $654.00, I told the sales manager that my calculation was giving me a different monthly payment then his and he said that online or app based calculators are good but not perfect. He said that CDK is showing $674/mo. Not sure how to contest that.
If they give you a screenshot of the deal, it should all become clear. Pay close attention to the Adjusted CAP cost. Your assumption is that it is the same as the selling price, but that may not be the case. (also, a chance they didn't use the .00145 MF)
Hello, so I working out a deal and wanted to have a second opinion. See the numbers below.
2019 Q7 Premium Plus 2.0T SE
12 Miles Per Yr/36 Months Residual Value 56% Money Factor .00145
MSRP: $62,090 Dealer Selling Price: $52,242
$895 Bank Fee $798 Dealer Fee $236.47 Electronic Filing Fee $226.50 DMV/Impact Fees $118.51 Tax on Fees —— $2,274.48 Total Fees
Pretax Monthly Payment: $630.00
Monthly Payment with Tax (FL 7%): $674.00
$2,274.48 + First Month = $2,948.48 Due Upfront
Dealer Zip Code is 33304
Let me know your thoughts! Thanks!
I confirm .00145 and 56%
Of the dealer discount, $3750 is coming from Audi in the form of incentives.
With the prices given, I get $654/mo with tax included. My guess is the MF is marked up slightly, to account for the elevated payment.
I'd also ask to restructure the deal and include the bank and dealer fee into the monthly payment; this will lower the up front costs but inflates the monthly payment.
Hey Michaell,
Thanks for the prompt response!
I actually got the same as you $654.00, I told the sales manager that my calculation was giving me a different monthly payment then his and he said that online or app based calculators are good but not perfect. He said that CDK is showing $674/mo. Not sure how to contest that.
If they give you a screenshot of the deal, it should all become clear. Pay close attention to the Adjusted CAP cost. Your assumption is that it is the same as the selling price, but that may not be the case. (also, a chance they didn't use the .00145 MF)
Hey guys!
So here an update on the deal I’m working on. So far I’ve negotiated to bring the selling price of the car down (not quite where I want to be but working on it). I got the sales manager to send me a screen shot of the deal.
It showed the following:
MSRP: $62,090 Cap Cost: $51,158.11 Cap Reduction: $729.21 Customer Cash: $2,274.97 Drive Off: $2,274.97 Lease Term: 36 Money Factor: 0.001450 Residual Rate: 56% Residual: $34,770.40 Tax Rate: 7.0% Gov. Fees: $276.50 License Fees: $546.47 Dealer Fee: $798 Bank Acq. Fee: $895 Program Miles: 12,000 Without Tax: $607.98 Current Payment: $650.54
The rest of the fields in the screenshot were empty as far as I can see. Just don’t understand why I get $598/mo (including tax) with the same exact information when I calculate it. Let me know what you guys think!
Looking at optimizing this deal further. Dealership is offering great reduction in MRSP (23%) to clear remaining 2019s. Was shooting for a payment sub $600/mo with little out of pocket. There may be an option for MSD but the dealer is less familiar with this.
MSRP 62,500 Sales Price 47,975 Incentives? Fees 194 MF 0.00146 Region Northwest Residual 57%for 7500/miles year or 56% for 10k/miles year 10k miles/year 36 month w/ 1200 driven off = $639/mo or $622 for 7500/miles year
Is the RV and MF correct? Maybe there is a little more room with the deal incentives.
Looking at optimizing this deal further. Dealership is offering great reduction in MRSP (23%) to clear remaining 2019s. Was shooting for a payment sub $600/mo with little out of pocket. There may be an option for MSD but the dealer is less familiar with this.
MSRP 62,500 Sales Price 47,975 Incentives? Fees 194 MF 0.00146 Region Northwest Residual 57%for 7500/miles year or 56% for 10k/miles year 10k miles/year 36 month w/ 1200 driven off = $639/mo or $622 for 7500/miles year
Is the RV and MF correct? Maybe there is a little more room with the deal incentives.
Thoughts?
Residual and money factor are correct. There is only $3000 of incentives, so the price looks great.
That's a really good deal. Ask for less, and see what happens
Comments
So here an update on the deal I’m working on. So far I’ve negotiated to bring the selling price of the car down (not quite where I want to be but working on it). I got the sales manager to send me a screen shot of the deal.
It showed the following:
MSRP: $62,090
Cap Cost: $51,158.11
Cap Reduction: $729.21
Customer Cash: $2,274.97
Drive Off: $2,274.97
Lease Term: 36
Money Factor: 0.001450
Residual Rate: 56%
Residual: $34,770.40
Tax Rate: 7.0%
Gov. Fees: $276.50
License Fees: $546.47
Dealer Fee: $798
Bank Acq. Fee: $895
Program Miles: 12,000
Without Tax: $607.98
Current Payment: $650.54
The rest of the fields in the screenshot were empty as far as I can see. Just don’t understand why I get $598/mo (including tax) with the same exact information when I calculate it. Let me know what you guys think!
Thanks!!
$3000 dealer market allowance
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$3000 dealer market allowance
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Lower your target price, accordingly
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Audi dealer says 3.0T SE has higher Residuals and Money Factors. is that true? Thanks.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$3000 dealer cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Looking for the Incentives/RV/MF on 3.0T Prestige for 36/10K Zip Code: 48168 please. Thanks in advance!
.00058 and 48%
$3000 dealer cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
My and residual. 60519 thx.
$3000 dealer market allowance
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
3.0: .00058 MF and 52% residual
$3000 dealer market allowance
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Thanks.
.00134 and 55%
$4000 dealer marketing allowance
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Thanks.
$4000 dealer market allowance
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$4000 dealer market allowance
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zip 60712 36/7.5
Thanks.
Looking at optimizing this deal further.
Dealership is offering great reduction in MRSP (23%) to clear remaining 2019s.
Was shooting for a payment sub $600/mo with little out of pocket.
There may be an option for MSD but the dealer is less familiar with this.
MSRP 62,500
Sales Price 47,975
Incentives?
Fees 194
MF 0.00146
Region Northwest
Residual 57%for 7500/miles year or 56% for 10k/miles year
10k miles/year 36 month w/ 1200 driven off = $639/mo or $622 for 7500/miles year
Is the RV and MF correct? Maybe there is a little more room with the deal incentives.
Thoughts?
3.0: .00058 MF and 53% residual
$3000 dealer market allowance
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.00058 MF
49%/45% residual for P+/Prestige
$3750 dealer market allowance
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There is only $3000 of incentives, so the price looks great.
That's a really good deal. Ask for less, and see what happens
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Would it be possible to get March MF, Residuals, & Incentives for a 2019 Q7 2.0T and 3.0 Premium Plus (both), 36 & 42 months, 7.5K? Zip 44060.
Thanks!
36/7.5 - .00146 and 57%
42/7.5 - .00166 and 53%
3.0T
.00058 and 53%
.00078 and 49%
$3000 dealer market allowance on either.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Looking at New 2019 Q7 3.0T Premium Plus and New 2019 Q7 2.0T Premium Plus
36/10
Looking for March incentives, MF, RV for zip 11753
Also, does anyone know when Lease support would end for the 2019s?
3.0: .00058 MF and 52% residual
$3750 dealer market allowance
No info on when lease support ends https://www.edmunds.com/new-cars/
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Thank you.
$4000 dealer marketing allowance
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Many thanks!
3.0T - .00058 and 51%
$3750 dealer market allowance
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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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!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$4000 dealer market allowance
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If yes, then we do not have CPO lease program information.
If this is a dealer demo or service loaner, the new car rates will apply, less an adjustment for the existing miles.
.00058 and 51%
$3750 dealer marketing allowance
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4