kentr

Any luck? When my BMW lease was ending I told them I wouldn't pay the stated residual. They offered $3K off, I said $4K and they wouldn't go for it so I walked.

Current car is a 2017 A4 Quattro Premium Plus in outstanding condition with Tech package, sport, navi, ,etc. 7,700 miles (almost broken in ( lol) residual is $28,500 and KBB "trade in" value is right about there)

So, anybody have any luck lowering the residual? Lease doesn't expire until Dec 31 so I've got a little time.

Thanks in advance

uberwgn

Audi doesn't negotiate the residual value. It's a fixed number you contractually agree to when signing their lease.

DaveSNJ

More accurately the leasing company or financing arm sets the residual. The dealer has zero ability to change that amount or negotiate it with you.

This is why leasing only makes sense if
A. Your willing to walk away at lease end if
B. the value of the vehicle is actually worth the same or less than the residual.

If at lease end the vehicle is actually worth more than the residual then it might be okay to finance the used car purchase, or use the equity on the next purchase or lease.

VM

Of course, that depends on taxes in your jurisdiction - here with 13% sales tax, I'd say it's unlikely that the car is worth at least 13% more than the residual...

DaveSNJ

Excellent point

A4Driver

Audi Financial refused to negotiate my residual value when my lease was up. But the market value of my car was 7-8k more than the residual, so it made sense for me to buy the car.
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