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finance - feed back pls

Posted: Tue Jan 27, 2015 12:29 pm
by smudge
Morning all,

I've been chatting to a friend over the weekend who's been looking at a new C7. He can't come on here for reasons too boring & complicated to explain!

Figures from the dealer on a car that is in build but currently unsold. Delivery for March '15 is as follows:

Car OTR £90,080.00
discounted to: £83,716.00
Dealer contribution £15k
deposit £12k
Monthly payments £860 x48
Final payment £35,767.00

Full spec of the car is on audi code: ACFNSGHJ


Anyone got any thoughts on this? I'm clueless on what the RS6 has to offer deal wise.....

Thanks

Al.

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 12:33 pm
by kent_andy
dealer contribution of 15k (3k more than deposit) seems huge but then im no finance expert or guru

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 1:19 pm
by doodlebug
That's a large discount!

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 1:47 pm
by smudge
Ok, gonna check with my pal that deets are correct!

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 2:03 pm
by doodlebug
Yeah, something's not right. Car discounted to 83k AND a 15k deposit contribution? Seems highly unlikely. Dealer contribution 3k, then it looks about right.

The finance is the finance, standard fair @ 4.9%.

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 2:42 pm
by RSphantom
Think all the figures are right except the dealer contribution (Audi Finance really) should read £3K and deposit of £12K (individuals contribution) for a total deposit of £15K. If you have a quick play on the Audi Finance Calculator using the figures above it works out about right. Overall discount of £9,364 sounds pretty good :beerchug:

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 2:52 pm
by Mcma1
how many months is the term?

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 3:45 pm
by doodlebug
48

Re: finance - feed back pls

Posted: Tue Jan 27, 2015 6:17 pm
by Mcma1
I shall go get my eyes tested tomo

Re: finance - feed back pls

Posted: Wed Jan 28, 2015 12:01 am
by smudge
RSphantom wrote:Think all the figures are right except the dealer contribution (Audi Finance really) should read £3K and deposit of £12K (individuals contribution) for a total deposit of £15K. If you have a quick play on the Audi Finance Calculator using the figures above it works out about right. Overall discount of £9,364 sounds pretty good :beerchug:
Yep, confirmed as the correct combination. :thumbs:

So not a bad deal then?

Re: finance - feed back pls

Posted: Wed Jan 28, 2015 1:28 pm
by RSphantom
smudge wrote:
RSphantom wrote:Think all the figures are right except the dealer contribution (Audi Finance really) should read £3K and deposit of £12K (individuals contribution) for a total deposit of £15K. If you have a quick play on the Audi Finance Calculator using the figures above it works out about right. Overall discount of £9,364 sounds pretty good :beerchug:
Yep, confirmed as the correct combination. :thumbs:

So not a bad deal then?
Yes, in my opinion. I ordered my car from my local dealer who I have dealt with for the last six years and got a bit more discount than that but not by much. However, they did a good trade in as well which sweetened the deal. I did check on Carwow to see how the discount stacked up and was pleased to find that the quotes I received were not as good. Most dealers were not giving any more than the £3K + £3K and one even quoted just the £3K Audi contribution with no discount from the stealer. All I would say is when your spending this much on a car make sure its what you want rather than compromise for a good deal. :beerchug:

Re: finance - feed back pls

Posted: Wed Jan 28, 2015 2:11 pm
by GLM
there are some deals still to be had and it sounds similar to this which i saw this the other day:

http://www.pistonheads.com/classifieds/ ... nt/3426441

Re: finance - feed back pls

Posted: Wed Jan 28, 2015 5:15 pm
by M1R XE
Heard of them local to me mostly only good if leasing the vehicle.

Re: finance - feed back pls

Posted: Wed Jan 28, 2015 8:16 pm
by smudge
Thanks guys.

:thumbs: