Leverage
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From: WA
Leverage
If you were to put down about half the price of the car, does anyone know what kind of leverage I would get in ordering the S4?....if there any. I saw post where people get 1000 or less over invoice and it seems that most of them are cars that are already on the lot or car of someone who cancel the order. I'm not in a hurry to get the S4 but would want to get it before the design changes. Some car looks great at first then just so so after a while but definitely not the 2010-2012 S4 in my opinion. Thanks in advance for any input.
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I don't think it matters how much you put down. A deposit is enough to get your order going, and after that, the dealer gets the price of the car from the financing organization. More money down might help you get financing, but that's about it.
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From: Seattle, WA
Yep it won't matter, I put down $1k and ordered exactly what I wanted and got the next availible slot in the factory order line for that dealership. 103 days later my baby was delivered.
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From: Seattle, WA
Well I had a trade in and financed some, I didn't put a ton down, the 1K will secure the order - in fact they will not even discuss finance till the car arrives, since interst rates, lease rates, trade in values, incentive can all change by the time the car arrives.
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Really? So does that meant that you could still cancel your order after the car gets here if it didn't work out .....say if the interest rates, lease rates, etc... is higher than expected? That would be a better buy for the next Joe that's looking for the same options in the S4. Yes, no?
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I just placed my order last Sat and I had most of those same questions.
On paper, if the car comes in and you don't complete the purchase, you lose your deposit. My salesman assured me that in practice they'd usually be happy to refund your deposit provided they expect to be able to sell the car on the lot. They'd rather be out a few bucks and have an S4 on the lot than deal with someone complaining about them left and right. On the other hand, if you spec your car in an odd way, and they think it would be hard to move, you're probably out the $1000. Getting the deposit back depends on your dealer, so be careful.
On paper, if the car comes in and you don't complete the purchase, you lose your deposit. My salesman assured me that in practice they'd usually be happy to refund your deposit provided they expect to be able to sell the car on the lot. They'd rather be out a few bucks and have an S4 on the lot than deal with someone complaining about them left and right. On the other hand, if you spec your car in an odd way, and they think it would be hard to move, you're probably out the $1000. Getting the deposit back depends on your dealer, so be careful.
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AudiWorld Super User
Joined: Sep 2009
Posts: 4,361
Likes: 5
From: Seattle, WA
I just placed my order last Sat and I had most of those same questions.
On paper, if the car comes in and you don't complete the purchase, you lose your deposit. My salesman assured me that in practice they'd usually be happy to refund your deposit provided they expect to be able to sell the car on the lot. They'd rather be out a few bucks and have an S4 on the lot than deal with someone complaining about them left and right. On the other hand, if you spec your car in an odd way, and they think it would be hard to move, you're probably out the $1000. Getting the deposit back depends on your dealer, so be careful.
On paper, if the car comes in and you don't complete the purchase, you lose your deposit. My salesman assured me that in practice they'd usually be happy to refund your deposit provided they expect to be able to sell the car on the lot. They'd rather be out a few bucks and have an S4 on the lot than deal with someone complaining about them left and right. On the other hand, if you spec your car in an odd way, and they think it would be hard to move, you're probably out the $1000. Getting the deposit back depends on your dealer, so be careful.
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Really? So does that meant that you could still cancel your order after the car gets here if it didn't work out .....say if the interest rates, lease rates, etc... is higher than expected? That would be a better buy for the next Joe that's looking for the same options in the S4. Yes, no?
We agreed to a price relative to invoice, I knew roughly what that would be but even that isn't confirmed until the car arrives.
After 6 months and 10,000 miles, I can say I have no regrets. Even with deeper pockets I can't think of a sedan I'd rather have as a daily driver than the S4.