Lease or Purchase
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My Audi arrives this week.
Sticker is 87k
Equity in my trade $14k
Excited about the car but know that eton and SQ7 are coming (When?)
I could use equity and purchase 60 month note
Lease 24 months for flexibility or 36 months as standard. Penalties seem manageable although not certain it will hold its value on a lease buyout which is very different than residual.
1. Has anyone been debating which way to go
Suggestions?
It seems from another thread that US bank is great with residual so that should favor leasing, it may come down to flexibility to get out when needed.
Thoughts
Thank you
Peter
Sticker is 87k
Equity in my trade $14k
Excited about the car but know that eton and SQ7 are coming (When?)
I could use equity and purchase 60 month note
Lease 24 months for flexibility or 36 months as standard. Penalties seem manageable although not certain it will hold its value on a lease buyout which is very different than residual.
1. Has anyone been debating which way to go
Suggestions?
It seems from another thread that US bank is great with residual so that should favor leasing, it may come down to flexibility to get out when needed.
Thoughts
Thank you
Peter
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