Hey guys,
Just wanted to run a financing scenario by you and see if the numbers are reasonable or if there's wiggle room.
I'm looking at an 2013 Audi S-line A5 with 69,000km's and comes with a set of 17" winters. I am also open to getting an S4 as well.
The breakdown is as follows:
Car - $31400
New summer tires - $1800
2 yr CPO until Feb 2018 or 160k km's - $1700
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Total - $34900
I told them to take the summers off and they said they would knock off $1800. I can source a set of 19's with tires for less than that.
The 2 yr CPO for $1700 seems like a very reasonable price. I'll be financing this vehicle for 5 years as well @ 2.9% for $2710 in interest which can change if I decide to pay it off earlier.
Other charges include:
Finance Acquisition Fee - $595
Vehicle Preparation - $395
I asked the rep why the vehicle preparation cost was being passed on to the consumer. I would imagine that prepping the vehicle comes at the cost of doing business.
In the end, I'm looking at
A5 - $33100 with 2yr CPO
Fees - $990
Tax - $1704.50
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Total - $35794.50 OTD
What do you guys think? What would be a fair offer on this A5 with a 2yr CPO?
By comparison, there is a 2011 A5 (66,000km) for $28,988 in Vernon VW, a 2011 S4 (74,000km) for $29,889, and a 2012 S4 (56,000km) for $31,995.
I feel like I can get them to toss the fees, but $31400 for the car seems quite high. I never found out what they bought it back for and it isn't a number I would expect them to tell me.
Any help would be appreciated!