SHOULD I BUY MY A8 AT THE END OF LEASE
#1
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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.
#2
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.
Is yours a SWB? Sport package? Good, I'll take it off your hands so you don't have to make this decision.
#3
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THE ANSWER TO YOUR QUESTION
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.
Is yours a SWB? Sport package? Good, I'll take it off your hands so you don't have to make this decision.
THKS
#4
AudiWorld Member
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
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#6
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.
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#8
AudiWorld Junior Member
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.
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