Early End of Allroad Lease (Audi Buyback)
#1
Early End of Allroad Lease (Audi Buyback)
Hi. I have a 2001 Audi Allroad under a lease program. It was $0 down, Audi made first payment, etc. The lease is for 48 months and the cost is $600/mo. I have 16 more payments remaining. Under the 4/50k warranty plan I am now nearing the 50k point. I talked with my dealership about a buy back and purchase. They said they would buy back the car for the residual value of $31,500. I could then purchase the car for $31,500 under their 'pre-owned' car deal which would provide me additional warranty coverage (100k/6 years) of which, deducting the current mileage I would have another 50k of warranty coverage. The cost quoted to buy the car under the Audi deal would be at 2.99% financing for 60 months for about $600/mo.
Would you venture into this type of deal or just let the present Audi lease run its life and start over again?
I plan to talk with Audi again to see about some extension of warranty for the remainder of the lease term.
Thanks, Steve
Would you venture into this type of deal or just let the present Audi lease run its life and start over again?
I plan to talk with Audi again to see about some extension of warranty for the remainder of the lease term.
Thanks, Steve
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