Lease buyout options on my A4
#1
Lease buyout options on my A4
I have a 2006 A4, Quattro, manual, 2.0.
I love this car but I will probably upgrade to the 2009 A4 or A5 when the lease is up next spring. This car will have no more than 35K (probably 30K) on it when the lease is due. The buyout is about $25K at that point and there's no damage anywhere on the vehicle (knock on wood!).
I'm considering buying it out and reselling. I see these selling at much higher prices than $25K with much greater mileage than mine. Does this make sense or should I just let the lease expire?
This may seem like a dumbish question, but I've never had a lease before and, as the saying goes, there's no such thing as a dumb question!
TIA, Franz
I love this car but I will probably upgrade to the 2009 A4 or A5 when the lease is up next spring. This car will have no more than 35K (probably 30K) on it when the lease is due. The buyout is about $25K at that point and there's no damage anywhere on the vehicle (knock on wood!).
I'm considering buying it out and reselling. I see these selling at much higher prices than $25K with much greater mileage than mine. Does this make sense or should I just let the lease expire?
This may seem like a dumbish question, but I've never had a lease before and, as the saying goes, there's no such thing as a dumb question!
TIA, Franz
#2
Re: Lease buyout options on my A4
I would let the lease expire or list it on lease busters.com or something and let someone else buy it out so the dealer doesent make money. I bought an 04 in 07 and it was way less km's then any other car on the market, and the dealer sold it to me with warranty and tax etc all that good stuff for 1500 more then the asking private sale price and the private sale guy would have lowered the price. You might make a $1000 profit but it is diffucult to sell high end cars on a private sale. The interest will cost you more in the end if you take out the 25k from a bank then you would make back. IMHO I would list it on the website and let someone else buy it out and boycott the dealer!!
#4
Re: Lease buyout options on my A4
I would let the lease expire or list it on lease busters.com or something and let someone else buy it out so the dealer doesent make money. I bought an 04 in 07 and it was way less km's then any other car on the market, and the dealer sold it to me with warranty and tax etc all that good stuff for 1500 more then the asking private sale price and the private sale guy would have lowered the price. You might make a $1000 profit but it is diffucult to sell high end cars on a private sale. The interest will cost you more in the end if you take out the 25k from a bank then you would make back. IMHO I would list it on the website and let someone else buy it out and boycott the dealer!!
This is something I'm considering. The only issue for me is timing. I'm looking at either an A5 or 2009 A4. I've got 12 months left on the lease. It would be easy to unload, as there's a boatload of KMs available that I have not used.
Does anyone have experience with unloading a lease in this manner?
TIA, Franz
Thread
Thread Starter
Forum
Replies
Last Post
Sumesh Gupta
Audi Mailing List
0
08-07-2003 10:38 AM
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)