[Dermu]

Im just curiose to know what type of retention deals had been offered to you guys by Audi after your PCP term has finished.

Currently I have signed a 3year PCP, which after the 3 year period I have been told that I can either buy the car at the GVF or hand back they keys or get into a new Q5 like for like without having to put down a deposit (cars equity + dealers contribution) and continue on exactly same monthly payments.

Cost of the car £40,000
Deposit £8,500
Term 3years
Monthly payment £349.00
Interest @ 3.5%

It would be great to hear from anyone who has upgraded or have experience in this field.

 

[rifleman]

I'd happily continue life in a new Q5 every 3 years with the same payments - but unfortunately as with anything that sounds too good to be true,...

Let me know!

 

[ch83443]

I think a member of the forum (SQ5JOHN) has experience of this; it does sound almost too good to be true, but would be interested to know how it works.

 

[Dermu]

The way that this was explained to me by the business manager at audi was that PCP customers upgrade their cars every 22months (average) it's called a loyalty scheme where PCP clients get profiled for exclusive upgrades. I was showed lots of contracts for existing clients that they have upgraded and guess what.... They have not paid a penny towards their new car. This gave me some confidence in going with audi as apposed to another dealer.

Long as you drive a premium line car that holds good residual value like the q5 sline plus then you can't go wrong

 

[Swany]

I change my Q5 every 18 months, I'm awaiting my 4th just now. I've paid £500 deposit last 2 cars and my PCP payments have went down each month whilst spec of car has risen.

 

[Dermu]

Swany: did you have to negotiate for your payments to be reduced or did they just offer you the deal ? Also how much room does one have to negotiate freebies for upgrades such as heated seats etc......

I just wanted to know what the boundaries are.

From your response you seem to be the best person to ask.

 

[?? SQ-BEAST ??]

http://www.myaudiq5.com/index.php/topic/12937-2013-sq5-replacementwith-another-identical-sq5/

 

[Swany]

Swany: did you have to negotiate for your payments to be reduced or did they just offer you the deal ? Also how much room does one have to negotiate freebies for upgrades such as heated seats etc......

I just wanted to know what the boundaries are.

From your response you seem to be the best person to ask.

I basically shop around the brokers to check on discounts available then present it to my Dealer. Tell him I'm willing to pay £500 deposit today if he can beat my current monthly payment. Last car was £18 a month less. New car couple of quid more, but I'm probably going to go elsewhere for PCP as Audi's rate of 7.2% apr isn't competitive.

 

[rifleman]

Swanny - I will need to pick your brains! This sounds awesome.