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S5 in next week, Lease or Buy?

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Old 08-15-2009, 05:14 PM
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Default S5 in next week, Lease or Buy?

My 2010 S5 is due in this next week. Ibis white on magma red, carbon, prestige, B+O, Drive select with sport diff, 6speed manual, adaptive cruise control and drive assist. With taxes and registration the total will be around 67,000. I was planning on paying cash, buying extended warranty and driving 6 or so years. Extended warranty due to $9000 in post warranty repairs on my 2003 S4.
recently I have thought more about a 4 year lease which would run about 54,000 in total payments. Considering lease due to thousands in lost value on my S4 due to carfax report of accident where I was rear-ended and had moderate damage. But I keep thinking that if I buy it is only costing me 13,000 more to own the car outright. If I lease I would be sure to get another Audi in 4 years and not have to worry about lost value if I am hit by another phonebooth pilot.
What do you think?
Old 08-16-2009, 07:21 AM
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Originally Posted by bounts4
My 2010 S5 is due in this next week. Ibis white on magma red, carbon, prestige, B+O, Drive select with sport diff, 6speed manual, adaptive cruise control and drive assist. With taxes and registration the total will be around 67,000. I was planning on paying cash, buying extended warranty and driving 6 or so years. Extended warranty due to $9000 in post warranty repairs on my 2003 S4.
recently I have thought more about a 4 year lease which would run about 54,000 in total payments. Considering lease due to thousands in lost value on my S4 due to carfax report of accident where I was rear-ended and had moderate damage. But I keep thinking that if I buy it is only costing me 13,000 more to own the car outright. If I lease I would be sure to get another Audi in 4 years and not have to worry about lost value if I am hit by another phonebooth pilot.
What do you think?
If paying $13,000 is not an issue to you, I would buy the car! No question about it since you are planning to drive the car for 6 years or more.
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