S4 (B8 Platform) Discussion Discussion forum for the B8 Audi S4 produced from 2009-2016

CPO vs Lease vs Buy New

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Old 01-26-2013, 01:54 PM
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Default CPO vs Lease vs Buy New

Hello,

I am set on my next car being a 2013 S4. I found a nice CPO with ~7K miles, fairly loaded asking $52,995. I found another new S4, basically similar options, they are asking ~$57,000.

I will be trading a 2007 BMW 335xi so will be eligible for $1000 conquest savings...only on a new lease or purchase.

I don't think I want to put much $$ down and I might want the lower lease payment (vs purchase). The CPO warranty is a draw, but is it worth it?

For the lease, I will probably end up putting 60-75k miles on the car in 3 years. Sounds like it might be painful at the end of the lease so I may need to purchase it at that point.

Just looking for feedback on the 3 options. I am leaning towards the lease, but something is telling me the CPO is the better decision.

Thanks everyone.

s4newb
Old 01-27-2013, 12:15 AM
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With the mileage, I think you've pretty much ruled out the lease, low mileage cop seems like a winner if you get it with the right options, make sure it has that sport diff!
Old 01-27-2013, 08:47 PM
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I would say if the CPO has everything you want, then you could get a better deal.

Depending on the options, 53k may be kinda high, especially since you're only saving 4k (~7%) by buying used with 7k miles.

Even though S4s been known to retain its resale value very well, see if you can get that price down.
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