Lease Rates
#11
AudiWorld Super User
![Default](https://www.audiworld.com/forums/images/icons/icon1.gif)
There is a flip side to this though...if at any point during your Audi lease, the exit value (residual+sum of remaining payments) is typically less than (or close to) the market value, which means that it's relatively easy to get out of your car and into a new one should you so choose. In a BMW, you're stuck...
Because of the heavy discounts from BMW and Mercedes right now, they are completely devaluing their cars whenever it comes time to get out of them. Its not like years ago when they would hold significant value at time of trade.
You might pay more for an Audi lease but its extremely easy to get out of one if you need to.
#12
![Default](https://www.audiworld.com/forums/images/icons/icon1.gif)
Yes, when i traded in my S4 there was a good amount of equity in the car at lease end. I think it is pretty smart of Audi... I only lease due to the car being business use and it is a good write off. I like knowing that i most likely wont have to come up with a down payment in 3 years as i can just roll the equity into the new lease and carry on making payments.
I am sure most think Audi leases suck... and while the payments may not be as low as BMW or Merc.... The upside is on trade in or buyout...
Mike
I am sure most think Audi leases suck... and while the payments may not be as low as BMW or Merc.... The upside is on trade in or buyout...
Mike
#13
AudiWorld Member
![Default](https://www.audiworld.com/forums/images/icons/icon1.gif)
I have a BMW X5 and my lease ends this November and although I would love to order/own the S6 now, I can not since I am about 10k upside down. So, I will keep as close as I can to lease end and then try my local carmax. I won't be leasing again no matter what the business write-off is. My accountant tells me I can write-off a portion of a purchase as well.
Thread
Thread Starter
Forum
Replies
Last Post
DrGP
S4 (B6 & B7 Platforms) Discussion
3
11-24-2008 03:27 PM