Buyout or Return the Lease?
#21
I have a 2017 Audi A4 2.0T Ultra sedan with a residual amount of $21,491.50 remaining. For the 36 months, I got the 15K per year mileage option and I am currently at 48K miles. Would it be better for me to purchase the car at the residual amount or just return the lease with many incentives being offered (~$8,000 credit). Any suggestions?
#22
AudiWorld Super User
I'm at the end of my '17 A4 as well and looking at getting a '19. Certainly seeing some excellent deals (L.A. area) but nothing like the $8,000 credit plus "many incentives" that you're being offered to do another lease. My current lease is with AFS as will be the new one.Thanks!
#23
AudiWorld Senior Member
#24
AudiWorld Super User
I was looking at the Prestige and they wanted 610-640 depending on the dealer and they wouldn't budge. IL deals are horrible because of taxes and comparatively low sales volumes.
A similarly specced 330I (Which I got) was much less. I pay $550 monthly. Compared to 630 for a similarly specced A4.
#25
AudiWorld Senior Member
I did. But I didn't want the B9. Maybe B9.5 cuz I already have two B9s at home.
I was looking at the Prestige and they wanted 610-640 depending on the dealer and they wouldn't budge. IL deals are horrible because of taxes and comparatively low sales volumes.
A similarly specced 330I (Which I got) was much less. I pay $550 monthly. Compared to 630 for a similarly specced A4.
I was looking at the Prestige and they wanted 610-640 depending on the dealer and they wouldn't budge. IL deals are horrible because of taxes and comparatively low sales volumes.
A similarly specced 330I (Which I got) was much less. I pay $550 monthly. Compared to 630 for a similarly specced A4.
#26
AudiWorld Member
I did. But I didn't want the B9. Maybe B9.5 cuz I already have two B9s at home.
I was looking at the Prestige and they wanted 610-640 depending on the dealer and they wouldn't budge. IL deals are horrible because of taxes and comparatively low sales volumes.
A similarly specced 330I (Which I got) was much less. I pay $550 monthly. Compared to 630 for a similarly specced A4.
I was looking at the Prestige and they wanted 610-640 depending on the dealer and they wouldn't budge. IL deals are horrible because of taxes and comparatively low sales volumes.
A similarly specced 330I (Which I got) was much less. I pay $550 monthly. Compared to 630 for a similarly specced A4.
If 330i had Android Auto, I would most likely get it though. I spend some time in it during LA Auto Show, and the interior seemed much nicer.
#27
AudiWorld Super User
You're welcome!
The prices I quoted was with 0 down. MSRP on my 330i was $52xxx. The prestige A4 (which I found only at one dealership) had an MSRP around that much. I got my 330i for around $70 less per month compared to the A4 after their “$8000 credit”. I was hoping for less than $500 with zero down on a premium plus after applying the credit which they couldn’t do. So I walked away.
Sounds about right with higher residuals on BMWs. For comparison, I got about ~11k off (with dealer discount and Audi incentives+ loyalty) from 54K sticker, and lease is about $590 with 2.5k down (1k of which towards Audi Care). So for me the payment is not much different than 2017 Prestige (remaining residual is so low though that I'm really considering just buying it off depending on market situation at the time).
If 330i had Android Auto, I would most likely get it though. I spend some time in it during LA Auto Show, and the interior seemed much nicer.
If 330i had Android Auto, I would most likely get it though. I spend some time in it during LA Auto Show, and the interior seemed much nicer.
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DeXel (11-29-2019)
#28
AudiWorld Member
2017 Premium Plus
The residual on my 2017 A4 was $29k, so I turned it in June 2019. I would have been happy to purchase it for $25k, but Audi Financial Services won't negotiate.
#29
AudiWorld Super User
I just found my ex-car in MO with an asking price of $31k.
#30
AudiWorld Member
Hard to imagine that they can sell it for $31k. Sedans aren't popular now, so my lease residual turned out to over-estimate the value in 2019. At least it helped lower the cost of the lease.