A4 (B7 Platform) Discussion Discussion forum for the B7 Audi A4 produced from 2005-2008.5

Lease Question

Thread Tools
 
Search this Thread
 
Old 10-01-2005, 07:06 PM
  #1  
New Member
Thread Starter
 
Bearis123's Avatar
 
Join Date: May 2005
Posts: 69
Likes: 0
Received 1 Like on 1 Post
Default Lease Question

When you lease a car, can you break the lease early to switch or transfer to another car of the same make?
Say I wanted to lease an A6 for three years, can I after switch over to an A8 lease after one year?
Old 10-01-2005, 07:54 PM
  #2  
New Member
 
s130turbo's Avatar
 
Join Date: Dec 2004
Posts: 191
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Lease Question

usuallu not..you are generally married to the car for the lease term. Sometimes a manufacturer, or dealer, will allow you get out early to get into another same make car, but not something I would count on
Old 10-02-2005, 04:19 AM
  #3  
New Member
 
dszpiro's Avatar
 
Join Date: Sep 2005
Posts: 7
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Lease Question

With many car leases there is typically a "pay-out schedule" that specifies what you must pay to purchse the car before the lease ends. With a two or three year lease the payout amount is often greater than the retail value of the car until quite late in the lease term.

You may have some leverage to cut a lease short if you are offering to purchase or lease another vehicle from the same organization. However, it is possible that you would get dinged on that transaction if they try to carry-forward some of the first lease's shortfall.

Good luck!
Old 10-02-2005, 05:36 AM
  #4  
AudiWorld Member
 
saholz's Avatar
 
Join Date: Aug 2002
Posts: 431
Likes: 0
Received 0 Likes on 0 Posts
Default No.

With Audi, you are liable for all the lease payments. If you are buying another Audi you have two other options available to you:

1. If your new car is not in yet, you may keep your leased Audi by just extending the payments until you take delivery of the new car.

2. Audi will now pay up to your final two lease payments if you lease a new Audi.

My A6 lease is up at the end of November, but my new A4 will be in late October. In my case, Audi will credit the last lease payment towards my new lease.
Old 10-02-2005, 04:50 PM
  #5  
AudiWorld Member
 
cr8nA4's Avatar
 
Join Date: Jul 2005
Posts: 539
Likes: 0
Received 0 Likes on 0 Posts
Default That is why I went with Premier Purchase - payments like lease, sell when I want.

Car in my name.

However, car depreciates faster than principle is paid.
Old 10-02-2005, 07:08 PM
  #6  
New Member
 
RJsAudi's Avatar
 
Join Date: Sep 2005
Posts: 152
Likes: 0
Received 0 Likes on 0 Posts
Default Re: That is why I went with Premier Purchase - payments like lease, sell when I want.

Here's How It Works
Like leasing, your monthly payment is calculated based on the portion of your car that you use during the term. Terms can be from 12 to 48 months. You make a down payment and enjoy your new or pre-owned Audi, paying lower payments than you would with conventional financing. The final payment is a balloon amount that is predetermined at the beginning of the contract.

As that balloon payment comes due, you have three choices.
You can pay off the contract balance and keep or sell the vehicle.
You can refinance the final balance with Audi Financial Services.
You can return the vehicle. Just notify us 30 days prior to the contract end date and make arrangements to turn in your vehicle.*

I was able to get 300 per mo 42mo 10k down
car w/tax 40k
Old 10-02-2005, 10:08 PM
  #7  
AudiWorld Member
 
NVS4's Avatar
 
Join Date: Aug 2005
Posts: 187
Likes: 0
Received 0 Likes on 0 Posts
Default I did.

I moved from an A4 to an S4 11 months into my lease (42).

Dealer called AFS to get a payoff quote for the A4, offered me a fair price, and I paid what I was upside down. (yes, somewhere around bend over, and bend way over)

Audi was very easy to work with, btw.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Dave335i
S4 (B8 Platform) Discussion
15
11-12-2015 04:00 PM
scopeman07
A7
3
09-09-2015 03:27 AM
JWhite1089
New Member Welcome Area
0
09-05-2015 08:37 PM
striders
Q5/SQ5 MKI (8R) Discussion
11
09-05-2015 06:01 PM
kevf95
Canadian Discussion
1
09-01-2015 04:34 PM



Quick Reply: Lease Question



All times are GMT -8. The time now is 07:46 PM.