jeffmo

I was quoted a rate of 5.9% for 48-60 months on a 2006 CPO A6. Can anyone tell me what the current buy rates are? I would like to know how much this is being marked up.

Also, will taking this deal qualify me for a waiver on the disposition fee for my lease return?

Thanks!

baldbull

I just received 4.9 today.

jeffmo

Thanks. Does anyone know if that is the buy rate or we are both being marked up? Does the dealer keep the entire difference in interest? What if the loan is paid off early?

Pete_In_NH

the dealer gets a flat fee for being the intermediary for a loan. Usually they offer both Audi and third party financing... offering you the best rate they can get (for themselves!)

I think they usually get an 1/8th...

have you considered third party financers yourself? i.e. your bank, etc. I know that Capital One has some great auto rates.

jeffmo

I had wanted to go with AFS to have my end of lease disposition fee waived. However, I can definitely get a much lower rate through my credit union. I may end up going with AFS and then refinancing.

By 1/8th, do you mean 1/8th of one percent of the amount financed? If I knew how much was at stake for the dealer, it would help me to bargain.

Pete_In_NH

Ah... a lease.

I know less about those.

Not sure if dealer gets a little "sugar" from AFS for that.

I think it's an 1/8th... edmunds.com used to have a very good section on how to negotiate but now that they are owned by their advertisors (read: car makers) they have less useful info.

maybe it's more... an 1/8th on a $30K loan is not much at all...