Any upcoming reduced finance rates from Audi Canada??

It seems like everyone (Volvo, BMW, ..) has been offering reduced lease and finance rates this spring and was wondering if anyone has heard anything regarding Audi. I'm buying a 99.5 1.8TQMS in May/June and a better finance rate would certainly be muchly appreciated

I called AoA finance and VCI regarding the various finance options available. American customers have about three finance choices. While Canadians have basically two. The missing choice is the "Prestige Finance" option offered by AoA finance. It is basically the same as the Canadian "Royal Buy Back" from RBC. You obviously cannot get it through VCI (which does all the fin./leas. for Audi/VW Canada). I find VCI a complete pain in the ass and far too restsrictive than they need to be. If I were you and was looking for some financing, I'd go to either RBC or NBoC. Though NBoC is no great shakes as far as rates.

Good luck.

The great rates we see being offered by other manufacturers (BMW:1.9-3.9%, Ford:0-5%, etc.) is really the car company paying you to buy their cars.

These rates are usually below their cost of lending. They do this to generate sales. For the car company, the cost of reducing production is often greater than the cost of subsidizing your purchase.

VW/Audi pretty much sell every car they can make. Therefore they have no reason to loose money on the financing. If you don't buy it, someone else will.

It sucks, but thats the price to pay for a car that is appreciated by the public.

Dwayne
94 S4

d

nt

At Agincourt Autohaus... didn't get the car though. I was hoping for a better deal (thru Autobytel) but they don't have much room to move for the 99.5 ($37131). The manager I spoke to said they could 'definately' do better on a 99. Not ready to buy anyways... still got to graduate
Arun.