OK here's the deal on my lease rollover
07-29-2003, 04:51 PM
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OK here's the deal on my lease rollover
residual is $2887. Audi will discount $750 and finance at 1.9%. Talked to dealer fleet mgr. He says wholesale is $27300 and retail is $32000.
They aren't going to buy it back because they can pick them up at auction for $24000. He said Audi is being really stupid for not negotiating because if I turn it in they will take a much bigger hit.
They aren't going to buy it back because they can pick them up at auction for $24000. He said Audi is being really stupid for not negotiating because if I turn it in they will take a much bigger hit.
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07-29-2003, 06:16 PM
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Well here's my logic
If I keep leasing I'll have to pay $600 to $700 payments the rest of my life. Let's say I refi for 4 yrs. At 7Kmi a yr. I'll own it outright with 49Kmi on the car. In SoCal that's just broken in. If I buy a 2004( it would have to be a V6+DSG) for say $44K in 4 yrs it will have 28Kmi. So I wind up paying another $16K+ finance difference (don't know if I could get 1.9% on new 2004) for basically the same car with 21Kmi less on it.
I still have my 93 Miata. It has 71Kmi on it, still looks great, runs great, and I still love that little car. It been payed off for 5 yrs.
I still have my 93 Miata. It has 71Kmi on it, still looks great, runs great, and I still love that little car. It been payed off for 5 yrs.
