Lease buyout question
11-19-2014, 08:32 AM
#11
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Shiva, assuming they're buying your car from the lease company and re-selling it to you, they're buying at a value somewhat lower than your stated residual. It's probably several thousand dollars less. I gather they're re-selling the car to you at your residual value (from the original lease contract) and then adding the $2,000 for the cost of the CPO. And adding the $600 fee...
If you take a step back, decide whether you want the car at this price which may not be duplicated elsewhere, it's likely a very good deal to you.
If you take a step back, decide whether you want the car at this price which may not be duplicated elsewhere, it's likely a very good deal to you.
If they don't come down on the interest rate we can still buy it out in cash from Audi and then go to the Credit Union to take a loan for a partial financing of the car unless they only offer such low interest rate on a new vehicle.. We do not need to finance the car through Audi to get it certified.
11-19-2014, 09:43 AM
#12
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Shiva, assuming they're buying your car from the lease company and re-selling it to you, they're buying at a value somewhat lower than your stated residual. It's probably several thousand dollars less. I gather they're re-selling the car to you at your residual value (from the original lease contract) and then adding the $2,000 for the cost of the CPO. And adding the $600 fee...
If you take a step back, decide whether you want the car at this price which may not be duplicated elsewhere, it's likely a very good deal to you.
If you take a step back, decide whether you want the car at this price which may not be duplicated elsewhere, it's likely a very good deal to you.
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