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Buying out our lease

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Old 06-01-2011, 07:15 PM
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Default Buying out our lease

My husband is buying our '08 A4 SE. Audi gave a buy out price of about $20,538.23. Includes taxes, title and reg.

For financing, Audi's rate is 4.59%, but we applied at our credit union where their rate is 4.49% and maybe less since we will do auto pay.

I haven't shopped around with rates too much. I was going to check with AAA and call the dealership directly to see if I get better rates.

Is this a good price/rate? Is the buy out price negotiable?

Thanks
Old 06-02-2011, 04:39 AM
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Originally Posted by trlyka
My husband is buying our '08 A4 SE. Audi gave a buy out price of about $20,538.23. Includes taxes, title and reg.

For financing, Audi's rate is 4.59%, but we applied at our credit union where their rate is 4.49% and maybe less since we will do auto pay.

I haven't shopped around with rates too much. I was going to check with AAA and call the dealership directly to see if I get better rates.

Is this a good price/rate? Is the buy out price negotiable?

Thanks
Price sounds good to me. Here in St. Louis 2008 A4s are listing for $25k+. The fact that you have owned this car should make it worth the $20K quoted easy(IMO). If Audi is .10% higher than a credit union then the rates sound okay. Depends on the lenght of the loan as well. A friend just got a 3% rate for 48 months.
Old 06-02-2011, 05:37 AM
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AAA has great rates right now for members "starting at 2.49% APR" for 60 month loan or less.

I got one from them in Oct 2010 and it was close to this...more towards 3% I believe.

Last edited by Shanster; 06-02-2011 at 06:31 AM.
Old 06-20-2011, 07:43 AM
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We ended up getting 3.49% though our credit union bank. So I feel that was a good deal. The price for the car after taxes was around $19,991.00. From what I saw on pricing for this car, I think we got a pretty good deal
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