Does Audi Financial Services negotiate buyout price at end of lease?
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Does Audi Financial Services negotiate buyout price at end of lease?
My guessing is that they do not budge from the residual value stated in the lease contract, but I thought I should verify since some other automakers' leasing arm do negotiate (my brother bought his 2007 BMW 335i at lease end for a couple grand below residual).
My sister-in-law's 2010 A3 lease ends in early January. Her residual on a 3yr/36K mile lease is 54% which makes the $16,575 residual value ($30,696 sticker price) appear somewhat below market price. She is also 3,000 miles below the 36K mile allowance, so purchase may be an attractive option for that reason too.
Finally, does she need to do the transaction at an Audi dealer or can she do this remotely with AFS directly?
Thanks,
Ali
My sister-in-law's 2010 A3 lease ends in early January. Her residual on a 3yr/36K mile lease is 54% which makes the $16,575 residual value ($30,696 sticker price) appear somewhat below market price. She is also 3,000 miles below the 36K mile allowance, so purchase may be an attractive option for that reason too.
Finally, does she need to do the transaction at an Audi dealer or can she do this remotely with AFS directly?
Thanks,
Ali
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