sent pm, im in after i get the details.

 

Nice!

 

Pm sent

 

Firstly, I thought I would introduce myself as this is my first post.

I recently test drove an A4 (2.0T - premium). It's a nice car. I think 2.9% for 72 months is a good finance rate for an entry level luxury vehicle. Given that every economic projection seems to be getting more and more pessimistic. I was wondering what the general consensus is regarding how long this finance rate will be offered and possibly improved?

All of your comments/opions are greatly appreciated!

 

The special is good until March 31st. No word yet if they'll extend it into April. As far as making it better, this is the best we've ever had it in years, and I've been with Audi for 7 years!
Another reason why they won't lower it is that the cars are selling like hot cakes! No need to give more incentives. This rate along with two payments (one paid by dealer) for free should be enough to motivate you.

 

Thank's for your feedback. It is a very motivating incentive. However, I would be in a much better position at the end of the year.

 

Here is an apples to apples comparison. Do not bother to read any further if you just cannot stand to buy a used car.

Situation A - Buy a brand new Audi A4. $45,000 out the door with all taxes in, freight, PDI, etc. more?

$45,000 @ 2.9% (assuming no down payment) = $681.70/m for 72 months

Total obligation = $49,083

Value of the car after 6 years. $10,000?

$49,083 - $10,000 = $39,083 total out of pocket



Situation B - Buy a 2005.5 Audi A4. $25,000

$25,000 @ 7% (bank loan/auto loan) = $426.23 for 72 months

Total obligation = $30,688

Value of the car after 6 years. $5,000?

$30,688 - $5,000 = $25,688 total out of pocket



A rough estimate here shows that you will save about $13,395 buying used. If my numbers are wrong I can correct them. Just let me know what new and used Audi prices I should be using.

Just some numbers to keep in mind.

 

A couple of comments...

What is a 2005.5 A4? I've been selling them for 7 years and we never got them.

Your analogy doesn't make sense, VitaminA never mentioned any used cars.

 

I really appreaciate all of the replies and feedback. I believe one thing to include when considering the purchase of used car is how much one is going to be out of pocket for maintenance. These costs are substantially higher for a luxury vehicle and should be considered when evaluating affordability.

 

I cannot post URLs yet so I can't post the link I found. Just search google for '2005.5 audi a4' and you will see what I was talking about. I have seen one or two for sale in Vancouver.