improved just pino

I want an A4, and I'm deciding between new and used. Looking at www.audiusa.com, I see they have a plan where you pay a little more than a lease, but you OWN the car, so you can mod it and stuff... and at the end of the period, you return the car, sell it, or refinance.... Does anyone here do that or know of anything more?

Sounds like a good plan for those of us who are strapped on cash. What do you guys think? Is there a catch I'm missing? Thanks IN Advance as always...

-Phil, almost A4

schneids_a4

The balloon payment at the end of the term, should you decide to keep the car, is outrageous. If you want to refinance that, that's fine, if you want to be financing a car for the next 5-10 years.

They offset their risk of lower monthly payments with the huge balloon payment. There are also mileage limits like a lease and if I remember correctly, its $.15/mile for every mile over the limit at the end of the term.

What I would suggest is find out how much you can come up with for a down payment to calculate the amount you would need to finance, then contact the Audi dealer's finance dept and ask them for numbers for this plan (and the balloon payment), and call a bank and ask them for numbers for a straight up financing plan for same length of time and same rate (if possible), then calculate the cost of each and decide what works for you.