AntzE60

Hello guys,

Just wondering if it's possible for me to trade in my leased Q7 for another Audi from the same dealership that i leased my q7 ?

Will there be any penalty if i do it?

Mitaka

... it also depends on the bank. My cousin did it with Mitsubishi. You terminate your lease they auction the vehicle you pay the difference. He ended up paying something like 2K but he got out of it.

MarkItZero

If it was leased from Audi Financial, call them and ask for a payoff the same way you would if you financed a car. Just like a financed car, the payoff will most likely be more than the car is worth if the lease is fairly new due to front loaded depreciation on the vehicle. At that point you go to the dealer, with the trade-in amount and get them to give you that amount for a trade. Anything negative you pay out of pocket or roll into a new vehicle (if they will let you).

Jason Teller

Just did exactly that same thing with my wife's Honda Odyssey. Broke a 48 month lease about 27 months into it. Got the payoff figure independently and got the very best trade I could. I was under water unfortunately, but had to pay the difference out of pocket. Shouldn't be a big deal so long as you can live with the economics.

Jusforfun

Over here it is the "Settlement " figure, but my point is this.

When using A lease I always asked for the figure "Settlement for new business" as well.
That way they had the option of discounting the figure in the interest of getting my next deal too. Usually they came up trumps.
That gave me the chance to push the percentage interest down a little too, reminding them I was now a preferred customer having completed the previous contract!!
(even though technically I had not at that time, but any excuse to push it)