Anyone planning to keep their S5 SBs for at least 6 years or more?

Reply Subscribe

Thread Tools

Search this Thread

06-26-2018, 04:55 AM

#21

ArvX147

AudiWorld Senior Member

Join Date: Jan 2013

Location: Boston, MA

Posts: 1,193

Likes: 3

Received 36 Likes on 25 Posts

Quote:

Originally Posted by farmerjones

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.

There are lease deal structures that are favorable for purchasing at the end of the lease, but they are not the same deal that is good for the scenario of just leasing, so you have to decide at the beginning to make it worth your while. This tactic is mostly a risk mitigation tool for a lemon car and a way to manage cash flows in certain situations.

One major thing to consider is that you're swapping a known good car (presumably) for an unknown quality car, in order to save 10% - some people wouldn't even risk it.

Last edited by ArvX147; 06-26-2018 at 05:01 AM.

Reply Like

06-26-2018, 04:56 AM

#22