Buying a new 2022 Q7. Any tips for negotiation? Thanks!
How much are all the fees usually? The audi site says "Price excludes taxes, registration, title, other options and dealer fees. Final price will vary based on the final negotiated price and terms agreed upon by you and the Audi dealer." How much is registration, title, other options, and dealer fees?
Should I pay all cash or finance? I see on the audi website that it's 1.99% APR.
Any other tips? Thank you!
Taxes, fee registrations, title and other options are determined by your location. Dealer fees are optional. Based on the current market you may have to pay it to get a new car. In years passed I'd just flat out refuse to pay them, in this climate your milage will vary.
What's your money doing right now? Is it earning more than 1.99% interest? If not pay cash if you have the means. If it's working in investments then keep it where it is.
I can give you a personal example - I have a brokerage account that earned 32% in one year an increase of over 15k - in one year - so for me, I wouldn't cash out to buy a depreciating asset - a car - its cheaper for me to pay a monthly cost and finance at 1.99%. I could cash out but the cost of doing so is potentially - the cost of the car PLUS the interest I would have earned. Plus I'd pay taxes etc. That's the true cost of money.
I don't know you from Adam but I'm not sure that you've explored whether buying a new car is the best financial if you're asking such basic questions on the internet vs your financial person.
If you don't know cars, I'd heartily recommend you do a bit of reading in the forum for the newer model Q7 (MARK II Q7 FORUM 2016-?)
to find out what real owners are talking about with their cars. Let's just say they haven't exactly been problem free. Go into it with your eyes wide open, and you won't be disappointed that way. Buy an extended warranty and/or service plan if you plan on keeping the car long-term, as the Audi dealer will take your lunch money every single time otherwise.










