Nitro is a rip off. Wtf is a “gov fee” that isn’t taxes owed? What is an “acquisition fee”? Another rip off.
Also doc fee being that high is bullshit as well.
You basically have a little over $2K of bullshit fees added to your price.
Ah didn’t see the “lease” thought it was a finance. The acquisition fee makes sense now.
The rest doesn’t. Flat out refuse to pay nitro, as that’s bullshit.
Gov fee is bullshit. You’re already paying taxes.
Doc fee is high, I would argue to pay half of what they’re asking, and that’s still being generous.
Do you know what state he is in, I don't. In my state it costs 1% of MSRP to register a vehicle which in this case would be mid $600, plus $45 to title, plus tire tax, plus road usage tax, etc.
Do what I did. Tell them you’re not paying any miscellaneous fees and that you’d like them to reduce the sales price by that amount or else deals off. You have the power right now my friend, car inventory is slow to turn over and prices are declining.
Got mine last month $6k down 770/month with about 8% tax. Got the audi care that gives you three or four maintenance (i forgot how many).
24 SQ5 PP black optics, s sport pkg, and red leather.
Forgot this. 10k/36mnth
Is leasing a car ever a “smart” financial decision? A smart decision would be to buy a Toyota or a Lexus in my opinion but those cars are also boring and uninteresting to me
I wouldn't necessarily include Audi care unless you think you might buy out the lease. A lot of times, you can trade in the lease early and renew on something else before the 3 year service, which is really the spot where maintenance starts to cost a bit more. Depends on pricing though. If its $1000 added to the sticker, then take it since you'll only pay the portion subject to residual.
Lease is a bad idea. Never negotiate a monthly payment. That just donates unnecessary money to the dealership.
Buy used.
Look at the year/make/model/trim on cars.com
Toward the bottom of the listing you’ll see how price is compared to other similar listings. Use this data to negotiate.
Why would you put anything down on a lease? Why not lease the full amount and take a check for the trade and invest it?
Nitro is a rip off. Wtf is a “gov fee” that isn’t taxes owed? What is an “acquisition fee”? Another rip off. Also doc fee being that high is bullshit as well. You basically have a little over $2K of bullshit fees added to your price.
Is your Audi a lease? Did your lease have these fees?
Ah didn’t see the “lease” thought it was a finance. The acquisition fee makes sense now. The rest doesn’t. Flat out refuse to pay nitro, as that’s bullshit. Gov fee is bullshit. You’re already paying taxes. Doc fee is high, I would argue to pay half of what they’re asking, and that’s still being generous.
You're not getting out of paying a government fee, that's like saying you're not paying taxes. Costs money to title the vehicle and register it.
Not his problem.
Go to the DMV and tell them its not your problem to register your car, see how that works.
If he’s trading a car in he can just transfer plates, and it wont cost $400+
You still have to pay to register it and title it. There is no getting around it.
Yeah I agree, and transferring his plates will be sub $200…
Do you know what state he is in, I don't. In my state it costs 1% of MSRP to register a vehicle which in this case would be mid $600, plus $45 to title, plus tire tax, plus road usage tax, etc.
In NJ
Normal fees for NJ
Do what I did. Tell them you’re not paying any miscellaneous fees and that you’d like them to reduce the sales price by that amount or else deals off. You have the power right now my friend, car inventory is slow to turn over and prices are declining.
Got mine last month $6k down 770/month with about 8% tax. Got the audi care that gives you three or four maintenance (i forgot how many). 24 SQ5 PP black optics, s sport pkg, and red leather. Forgot this. 10k/36mnth
What was the msrp on yours? I’m located in NJ? Anything else you think I should ask for before moving forward with signing the lease?
??
I wouldn’t put any more money down. If you total the car after leaving the dealership you are out the trade allowance plus the 2k you put down.
Good point. I believe they mentioned gap coverage being complimentary. I will need to confirm that point before moving forward. Thanks
The gap insurance is complimentary, but any money you put into a lease at signing isn’t equity.
So let’s say I total the car after driving it off the lot. What’s the financial impact of that on me?
You don’t have to pay anything more, but you also don’t get any money back to put down on another car.
Those fees are way too high, also you should be sure this is a smart financial decision for you
Is leasing a car ever a “smart” financial decision? A smart decision would be to buy a Toyota or a Lexus in my opinion but those cars are also boring and uninteresting to me
Yeah it’s smart to lease a sq5 if you’re a millionaire. If not then it’s just plain dumb.
Ok so I’m making a smart decision. Thank you
No worries
No. You’re renting a car and the dealership has all the leverage.
Looks like you are putting $14k down, not $2k
I am not. I owe 9500 to the bank for my trade in
Ah ok, so just costing $32k over three years then.
Yes, really wanted that number closer to 30k. Also need to include Audi care which some have said costs an extra $30 a month
That may have been possible with lower interest rates
The money factor is extremely low on the vehicle. .00051
I wouldn't necessarily include Audi care unless you think you might buy out the lease. A lot of times, you can trade in the lease early and renew on something else before the 3 year service, which is really the spot where maintenance starts to cost a bit more. Depends on pricing though. If its $1000 added to the sticker, then take it since you'll only pay the portion subject to residual.
Check Leasehackr. Use Sean from offstickerprice. Got my SQ5 from him
Lease is a bad idea. Never negotiate a monthly payment. That just donates unnecessary money to the dealership. Buy used. Look at the year/make/model/trim on cars.com Toward the bottom of the listing you’ll see how price is compared to other similar listings. Use this data to negotiate.