Do dealers lease certified pre-owned audi's?
12-29-2002, 07:39 AM
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I agree w/2turbos1mission
Certified pre-owned is best to be bought. The residual on a used car is far worse than on a new car and your payment could be even higher than just leasing the new car.
For example:
48 month lease on a 2003 1.8T has a residual of 50%... so that means you're leasing the car for 4 years and paying on roughly $16,000
48 month lease on a 2001 1.8T has a residual of approximately 15-20% (It'll be 5 years old at the end of the lease and most banks have a 5 year depeciation write-off on these cars.) Assuming $20,000 purchase and 20% residual, you'll be paying for 48 months on $16,000
So the difference is: For the same payment, do you want an '03 1.8TQ or a 01 1.8TQ?
Bob K.
For example:
48 month lease on a 2003 1.8T has a residual of 50%... so that means you're leasing the car for 4 years and paying on roughly $16,000
48 month lease on a 2001 1.8T has a residual of approximately 15-20% (It'll be 5 years old at the end of the lease and most banks have a 5 year depeciation write-off on these cars.) Assuming $20,000 purchase and 20% residual, you'll be paying for 48 months on $16,000
So the difference is: For the same payment, do you want an '03 1.8TQ or a 01 1.8TQ?
Bob K.
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