A8 / S8 (D3 Platform) Discussion Discussion forum for the D3 Audi A8 produced from 2003-2010 and Audi S8 produced from 2006-2010
Sponsored by:
Sponsored by:

SHOULD I BUY MY A8 AT THE END OF LEASE

Thread Tools
 
Search this Thread
 
Old 09-14-2009, 10:48 AM
  #1  
Audiworld Junior Member
Thread Starter
 
STARBOULDER's Avatar
 
Join Date: Sep 2009
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default SHOULD I BUY MY A8 AT THE END OF LEASE

MY 2007 A8 LEASE IS GOING TO EXPIRE DEC 2009. THE MSRP WAS $80,000...THE RESIDUAL IS $42,000....LOVE THE CAR..HAS 35,000 MILES. QUARTZ GRAY/BLACK.MINT CONDITION.MY STATE COLORADO DOES NOT ALLOW ONE TO DEAL DIRECT WITH AUDI REGARDING PURCHASE...MUST GO THROUGH DEALER...ANY IDEAS AS IF AUDI WOULD SELL THE CAR BELOW RESIDUAL?...WHAT WOULD BE A GREAT PRICE? AND THE BEST WAY TO APPROACH THIS...PS...2009 A8 RESIDUALS ARE 36% ON A 36 MO LEASE VS MINE OF APROX 52%...THANKS IN ADVANCE FOR ANY INSIGHT.
Old 09-14-2009, 12:11 PM
  #2  
Audiworld Junior Member
 
mountainhigh's Avatar
 
Join Date: Jan 2005
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
Default No - let me buy it!

If your buy-out price is $42,000, you're doing okay. Still significant warranty left -- will they CPO it? Good '07s with this mileage are going a little less than yours (like $38-$41k).

Is yours a SWB? Sport package? Good, I'll take it off your hands so you don't have to make this decision.
Old 09-14-2009, 12:57 PM
  #3  
Audiworld Junior Member
Thread Starter
 
STARBOULDER's Avatar
 
Join Date: Sep 2009
Posts: 18
Likes: 0
Received 0 Likes on 0 Posts
Default THE ANSWER TO YOUR QUESTION

Originally Posted by mountainhigh
If your buy-out price is $42,000, you're doing okay. Still significant warranty left -- will they CPO it? Good '07s with this mileage are going a little less than yours (like $38-$41k).

Is yours a SWB? Sport package? Good, I'll take it off your hands so you don't have to make this decision.
YES SWB...YES TO SPORTS PKG......THE 38-41K....DOES THAT INCLUDE CPO?
THKS
Old 09-14-2009, 02:18 PM
  #4  
AudiWorld Member
 
transporter2004's Avatar
 
Join Date: Jun 2009
Location: Bordentown, NJ
Posts: 253
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by STARBOULDER
YES SWB...YES TO SPORTS PKG......THE 38-41K....DOES THAT INCLUDE CPO?
THKS
Below is a list of 2007 A8 4.2 that went through the sale. These are actual transactions. These cars are offered for sale front line ready. Didn't know what region you were in so I included the entire country. $42000 isn't bad and if you like the car go for it. I would ask the Audi dealer to work the CPO warranty into the deal for you if you were to purchase the car. Usually they need to open a service ticket, check the car out mechanically in order to register the CPO warranty. This would be at your cost, but worth it if you wanted to keep the car.


09/09/09 CEN FLA Lease $50,200 5,029 Above IBIS WHI 8G P Yes
08/18/09 FAAO Regular $42,800 31,183 Avg BLACK 8G A Yes
09/10/09 RIVRSIDE Lease $43,000 32,510 Avg BLACK 8G A Yes
09/03/09 NEVADA Regular $41,500 34,049 Avg BLACK 8G A Yes
08/27/09 RIVRSIDE Lease $40,500 34,598 Avg BLUE 8G A Yes
09/10/09 RIVRSIDE Lease $39,000 40,376 Avg BLACK 8G A Yes
09/09/09 NADE Lease $37,600 43,876 Avg NORTHERN 8G A Yes
08/19/09 ATLANTA Lease $41,000 44,439 Avg GRAY 8G A Yes
09/01/09 ARENA Lease $37,600 45,262 Avg SILVER 8G A Yes
09/03/09 MANHEIM Lease $38,200 51,882 Avg NIGHT BL 8G P Yes
09/10/09 RIVRSIDE Lease $32,250 52,065 Below OYSTER G 8G A Yes
08/27/09 RIVRSIDE Lease $44,500 55,098 Above BLACK 8G A No
08/20/09 MANHEIM Lease $31,250 55,544 Below BLUE 8G P Yes
09/09/09 CEN FLA Lease $38,400 55,872 Avg PHANTOM 8G P Yes
09/03/09 MANHEIM Lease $39,400 58,683 Avg BRILLIAN 8G A Yes




Copyright © 1996-2008 Manheim Auctions
Old 09-14-2009, 05:12 PM
  #5  
AudiWorld Member
 
MikeNSX's Avatar
 
Join Date: May 2003
Posts: 349
Likes: 0
Received 0 Likes on 0 Posts
Default

Based on those numbers, I got a nice deal
Old 09-15-2009, 12:52 PM
  #6  
AudiWorld Member
 
thinair5280's Avatar
 
Join Date: Sep 2009
Location: Denver
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Default

Not entirely apples to apples - but another regional data point for you. I picked up an 07 A8L a few weeks back with ~6K miles for ~53K including CPO. original MSRP was around 83K. Hope that helps.
Old 09-15-2009, 01:15 PM
  #7  
AudiWorld Super User
 
AofC_RR's Avatar
 
Join Date: Oct 2007
Location: Charlotte, NC
Posts: 2,362
Likes: 0
Received 0 Likes on 0 Posts
Default

Private message me. I can probably help!
Old 09-15-2009, 09:09 PM
  #8  
AudiWorld Junior Member
 
patrickb's Avatar
 
Join Date: Apr 2009
Location: DC/SC
Posts: 37
Received 3 Likes on 3 Posts
Default

I recently bought my 2006 SWB Sport Package at the end of my lease in SoCal. Residual per lease was $39,300. I contacted several local dealers - they all were able to offer a CPO purchase at less than the residual. I ended up buying the car at 31,300 miles for $36,200. Dealer paid the CPO fee and warranty was extended to 6 yr/100,000.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Travel4surf
A8 / S8 (D4 Platform) Discussion
10
11-03-2012 11:38 AM
perlvater
A6 / S6 (C6 Platform) Discussion
8
09-10-2008 11:53 AM
audirocks1
A8 / S8 (D3 Platform) Discussion
6
02-18-2008 07:25 PM
sieben
A8 / S8 (D3 Platform) Discussion
11
01-03-2008 05:55 AM
a8seeker
A8 / S8 (D3 Platform) Discussion
6
10-15-2007 11:58 AM



Quick Reply: SHOULD I BUY MY A8 AT THE END OF LEASE



All times are GMT -8. The time now is 03:39 PM.