bm196, '02 4.2

In production on an A-4 3.0Q. If plan to sell/trade in 2 years, would two year lease with 18K mile buy-down be a better choice than an outright purchase/resale (AFS rates vs. 5% home equity)?

brianz540

Honestly, from my experience owning and leasing cars, I would purchase it. I generally have very high turnover of my cars -- I'm usually buying (or leasing) a new car every two years. I just don't see how a lease makes more sense. The only time I recommend a lease to someone is if they drive a relatively low number of miles and just don't have enough cash to put down to get the payment reasonable.

Assuming that you have enough cash up front, I'm almost certain you'll be better of purchasing the car. Oh, and it doesn't hurt that the A4 seems to hold it's value pretty well.. Unless you do something like buy it without leather or a sunroof!

Brian

MattB

That way they know your coming back through the door in a few years. I would do the research up front and don't let them convince you to lease, if you decide to buy.

Also, Audi has great rates on both ways right now 4.9 on a purchase and 2.4 on a lease. I considered both and decided to buy.

moogle077

I thought it was 1.9% on purchase ... I got 1.9 o_O

surfboard

with the exception of those who have the money to pay lease amounts every month of their lives and want a new car every 3 years.

If you don't fall in the above, then you are getting a car that is out of your financial range and the only way to get in the seat of that car is to lease. Otherwise you should be looking at VW, Rice burners, american cars.

Spazmo

If you own your own business then it may make sense to lease since the luxury auto limits per the IRS rules limit the amount of depreciation you can take on the car each year. If you lease then you can write off almost the entire payment (with a small lease inclusion disallowance).