End of Lease Advice - Should I buy my 2004 AR?
#1
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I have only 22k on the car (2.7) and the engine was rebuilt at 3k b/c of hydro-lock (insurance paid all of the 14k for this work). Car has been perfect since but I would prefer a larger vehicle for an expanding family (maybe new Mercedes G class). Car has new tires at 21k.
My lease states that I can purchase for 24k in May 2007 (I'll probably have only 29-30k on the car. That seems like a good deal so I could turn around and sell it.
I fear that if I don't buy it the dealer/Audi USA will rack up some minor (but very $$$$) damage charges at the end of the lease. I was once raped by GE Capitol at the end of a Honda lease.
Any advice?
My lease states that I can purchase for 24k in May 2007 (I'll probably have only 29-30k on the car. That seems like a good deal so I could turn around and sell it.
I fear that if I don't buy it the dealer/Audi USA will rack up some minor (but very $$$$) damage charges at the end of the lease. I was once raped by GE Capitol at the end of a Honda lease.
Any advice?
#3
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If I would have known they were this bad, I would have never bought mine. buy it if you want to keep it or drop it at the end of the lease.
#5
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I am liking it better...either way these cars, especially in certain locations do not hold their value, so as everyone says if you really like it keep it otherwise it's pay me now or pay me MORE later
(the hit you'll take on a trade the longer it goes)
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#6
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For me its somewhat diferent. My former company, now dead and almost burried, was paying the lease. At that time business was great and buying it out after the lease was part of the plan.
Now the company is gone and I have to buy out the car myself....so I really love my car.
Now the company is gone and I have to buy out the car myself....so I really love my car.
#7
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hold it's value better than an American made vehicle..haha...now I am just glad that if I have to be so upside down it is on something this much fun...now I can simply tell everyone I can't afford to sell it, not that I don't want to
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#8
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then buy it. However, your margin will be pretty thin if any and it's not worth the time in my opinion. If you can afford something new and different, get it. Isn't that the purpose of leasing anyway?
#10
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Get an 6spd 2.7T or go for S6/ar 4.2T. That's only if I don't have my eye on other all-in-one vehicles.
Then again, in a few years and as business stablizes, I might just get my dream combo. A 997 C2 convertible and a Range Rover Sport/Cayenne S.
Then again, in a few years and as business stablizes, I might just get my dream combo. A 997 C2 convertible and a Range Rover Sport/Cayenne S.