Anyone planning to keep their S5 SBs for at least 6 years or more?
#14
Whats 10 years? time is flying by these days!
Weekend car for me but since i live in socal its pretty simple to add 1,000 miles a month on it.
Mainly highway driving so most of my cars never give me any problems
Plus i got the 7 Year/100,000 Mile warranty!
Weekend car for me but since i live in socal its pretty simple to add 1,000 miles a month on it.
Mainly highway driving so most of my cars never give me any problems
Plus i got the 7 Year/100,000 Mile warranty!
#17
I've set myself a challenge of keeping this one 5 years, something I've ... had issues with in the past (usually flip cars every 18-24 mo).
Made a bet with myself if I can keep this one 5-6 I'll do Euro delivery on an S5 next time around.
Made a bet with myself if I can keep this one 5-6 I'll do Euro delivery on an S5 next time around.
#18
AudiWorld Member
Join Date: Mar 2018
Location: NW Indiana / Chicagoland
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After high school, I have only purchased new vehicles, and I've never owned any of them for less than 9 years (most 10-12 years.) I typically have an HD truck and then either a small SUV or car as the other vehicle. While the annual depreciation has been wonderfully low, I've been missing out on a lot of features. (Before I upgraded my truck in 2016, neither my car or truck even had Bluetooth capabilities!)
So, I went into the S5 purchase thinking I would upgrade that on a more regular basis, assuming there are compelling features and options I'd like to enjoy. All my vehicles (except the wife's) are company vehicles. So the recent tax law change that allows me to write of a max of 47k of it over the next 5 years (vs 15k previously) played a large part making the A5 or S5 decision an easy one for me.
Time will tell, but I would think I'm likely to see the full 5 years at a minimum.
So, I went into the S5 purchase thinking I would upgrade that on a more regular basis, assuming there are compelling features and options I'd like to enjoy. All my vehicles (except the wife's) are company vehicles. So the recent tax law change that allows me to write of a max of 47k of it over the next 5 years (vs 15k previously) played a large part making the A5 or S5 decision an easy one for me.
Time will tell, but I would think I'm likely to see the full 5 years at a minimum.
#19
AudiWorld Senior Member
The problem with buying the car off-lease is that you will pay WAY more than the car is worth 99% of the time in the current market. Audi has inflated the residual values, and they do not negotiate purchase price off the end of lease residual value. I wanted to buy my TT of lease. Currently cars with HALF the mileage of my TT sell for thousands less than my end of lease purchase price. I could save thousands of dollars by turning in my TT and buying a CPO TT with HALF the miles for less money. The problem is I want to own MY car. Financially it makes zero sense to buy off-lease when the used market offers considerable savings....like 10% or more. It's likely your sportback will suffer the same issue (unless something changes with the used market in the future), and buying your car off-lease will be a costly decision. Sad but true. I'll be forced to turn in my car and do something different, and buying off-lease is a total waste of money.