Wass

My dealer keeps telling me the best interest rate is 2.9, not 1.9. Anyone getting 1.9 recently? My credit is excellent. I think he is trying to squeeze some extra money since he sold me the car for $2,300 below MSRP. I take delivery tomorrow. Thanks.

audi40

Check rates at your local credit union or AAA:

http://www.southernnewengland.aaa.co...ancial.aaa.com

Dealership FI guys are generally willing to match competitive loan rates, rather than lose your business.

NHman

It can be common practice for the finance mgr to modify the interest rate (or money factor on a lease). This is back-end profit and often not contested by the potential buyer. According to True Car, 1.9% is valid from 24 to 60 months. The 2.9% is for 72 months.

My credit union is offering 1.5% with direct deposit and auto deduct.

uberwgn

You should go ahead and calculate the difference in payments (1.9% vs. 2.9%) and you'll realize you are talking about a couple of dollars on the monthly payment

georgehf

It all adds up. Why pay the bank an extra 1% when you can use that money to get your car detailed once a year

j1118almost

I picked up my Q5 a couple weeks ago, was able to get 1.9 for up to 60 months or 2.9 up to 72 months, this was in northern New Jersey

jbozz79

$2,300 below MSRP - that's incredible!! I just got 2.59% for 72 months, and I assume you can do 1% better for 60 months.

Wass

Thanks. I was pretty lucky. I've bought from my salesman 4 times in the past He located the car I wanted on the boat and I'll take delivery tomorrow. We settled at 2.59% for 48 months. I'm not financing much so its not a big factor.

AmyL

We just picked up our '12 Q5 this week and we were able to get 1.9 for 66 months at $1500 below MSRP.

Mr Kram

congrats, but FWIW it's 1.9 for tier 1 credit up to 60 months.