AlexS4

thinking of ordering an allroad
fairly soon,can someone tell me the advantages
of premium purchase vs lease

CHIPFREE

I would stay away from a lease unless you have a specific TAX reason to do so. Auto makers and dealers love you to lease...extra profits. Most people I know who lease, do so because it allows them to drive a car they really can't afford and shouldn't be driving. Leasing is a glamorized and expensive rental agreement. If you can afford this car, BUY IT.

adk

After learning about the "Premier Purchase" program on the audi website I was interested since it appears to be the same as a straight purchase except that you don't need to finance the residual currently. Since neither the salesperson nor the finance manager at my local dealer seemed to know anything about the program, I called the 800 number and was told that the differences between premier purchase and lease are (1) car is titled in buyer's name, (2) no "acquisition fee" is charged (don't know what that is), (3) buyer has to pay sales tax on full sales price of car at time of "purchase". Like a lease, there is a balloon payment that would need to be paid or refinanced at the end of the term. Based on a 48-month term and a down payment of $5k the calculator gave a difference of about $400 in monthly payments, which conceivably you could put to better use during those four years and just deal with the balloon when the time comes.