I recently bought an Audi A4 1.8t with 5sp, moonroof, and quattro for what I thought was $1600 over invoice. However, when I got home, I realized that I had paid about $30,300 out the door! I negotiated the price in the showroom but I must have overlooked the financing contract in the Finance Department. Is there anything I can do? I paid about $2,000 more than I should of. My parents were both witnesses... but we all must have missed it! I can't believe it. The worst of all, this happened about five months ago. I just stumbled onto the contract stuff when I was cleaning my room today. Is there anything I can do? Please help!!! I already know I made an idiotic mistake... please help me!!

OK, let's see:

Base: 21180
Moonroof: 880
Quattro: 1650
Over-invoice: 1600
Subtotal: 25310
w/ Tax: 27200
(you didn't say where you are, but assuming somewhat of an average value of 7.5%)

Add to that 500 for destination, roughly another 500 for license+reg, you're at 28,200.

Hmm, are you sure those were the only options you had? Did you have a cool shade paint? Did they sneak in an extended warranty? Maybe the OTD price included a finance charge (this should NOT be the case, but maybe that's where they sneaked it in)?

Sorry, looks like they jacked you.

Dude you cant do nothing, you should have checked it before but obviously YOUR STUPID AND YOU CANT HANDLE MONEY DUMBASS!!!!!!!!!!!!!!! you cant do nothing man your stuck, sell the piece of crap

Thanks for your thoughtful insights. Your parents must be quite proud that a 2 year-old such as yourself is able to reach the keyboard of their PC.

Did you finance it? My car was $27,000 before tax,title,etc.., but after five years of payments I will have payed over $31,000.

RichD

When you say "out the door", are you sure that figure doesn't include tax, title, license. That would definitely bring it closer to the figure you paid.

Wow!!! where do you live.... here in Wisconsin, sales tax is 5% and License and registration are only about $80...

Total cost of ownership is the price you paid plus the financing charge if you took out a loan. A loan over 4 years does adds up to several thousannd dollars (or more) of interest. Look at your paperwork again.

The price you should be concerned with is the bottom line you paid the day you picked up the car. That is: deposit plus an additional check from you, if any, and the check from the finance company. This amount should be listed at the bottom of your sales receipt. The total payout at the end of the term will appear in the loan papers and is usually much higher. As long as you got a competitive rate on your loan (around 7%) you're in the same financial boat as most of the rest of us.

HTH

The 5 months issue is only relative in that the dealership may not be willing to budge on something so old, but it probably should not have an affect on your legal rights against the dealership, should you choose to exercise them.

If you post your state, some helpful legal beagle on this site might help you.

You may have negotiated the price of the car excluding tax and license. Some people negotiate an out the door price and other the cost of the car, it just depends on your strategy.