Some help please (Post-lease purchase)
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Some help please (Post-lease purchase)
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My father's lease is up and he's thinking about purchasing his car. It's a 2000 A6 2.7T, 6-speed, with every option and only 21k miles. The financing company wants 24.5k. I called them up and made them an offer, but they said they were only willing to give me a $1000 pre-paid mastercard and 1.9% financing. I wouldn't mind paying the $24.5k if they would give me an extended warranty. Should I talk to the dealership, or is it out of their hands? Thanks
My father's lease is up and he's thinking about purchasing his car. It's a 2000 A6 2.7T, 6-speed, with every option and only 21k miles. The financing company wants 24.5k. I called them up and made them an offer, but they said they were only willing to give me a $1000 pre-paid mastercard and 1.9% financing. I wouldn't mind paying the $24.5k if they would give me an extended warranty. Should I talk to the dealership, or is it out of their hands? Thanks
#5
Re: Some help please (Post-lease purchase)
The reality is that you can either buy the car from the lessor or it goes to auction. No lessor or dealer obligation to give you a warranty. However, it sounds like a good, low mileage car that you obviously know well, so keeping it makes sense from that angle. While the price sounds a bit high, the residual was probably set that way initially (high) to allow you to have lower lease payments during the lease. You might ask the dealer if he can certify the car and if so how much it would cost. Certification costs the dealer about $1,300-$1,500 including the payment to Audi and other typical work to be done. Or maybe you can just purchase an Audi aftermarket warranty from the dealer. The dealer should be able to help if there is a little something in it for them.
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