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Lease or Purchase

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Old 03-27-2016, 05:34 PM
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Default Lease or Purchase

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
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