End of Lease experience?
#1
AudiWorld Super User
Thread Starter
End of Lease experience?
My wife's A4 lease is ending in July. We were thinking of buying it and transfering it to her parents in FLA...
I have had a great deal of experieince with end of lease with Ford, Mitusbishi, Bank of NY, Isuzu, etc. They all negotiated for a figure lower than the contracted residual/buyback. Do anyon know if this can happen with Audi Financial? Has anyone been succesfull in a below contracted buy out?
Any and all tid bits of information would be helpfull.
Thanks,
I have had a great deal of experieince with end of lease with Ford, Mitusbishi, Bank of NY, Isuzu, etc. They all negotiated for a figure lower than the contracted residual/buyback. Do anyon know if this can happen with Audi Financial? Has anyone been succesfull in a below contracted buy out?
Any and all tid bits of information would be helpfull.
Thanks,
#3
AudiWorld Super User
Thread Starter
Not at all....
Every lease I have ever had I was able to negotiate a lower $$ than the contact called for.
My Sable was a buy back of 16500 and I got it for 13750. My Explorer was 22,500 and they offered me 18,500 but I wanted the allroad. No joke here. Perahps Audi Financial doesn't want to negotiate...
My Sable was a buy back of 16500 and I got it for 13750. My Explorer was 22,500 and they offered me 18,500 but I wanted the allroad. No joke here. Perahps Audi Financial doesn't want to negotiate...
#4
My sister's A4 lease ended in January and AoA wouldn't move a penny...
on the payoff. She had a 2000 1.8Q stick that she'd only driven 45,000 miles and wanted to buy but the residual was thousands higher than market value. She ended up leasing a new '04 1.8Q stick for only a few $$ more than her old lease.
#5
After the SUV resale problems manufacturers had a few years back.
Read: they lost millions of dollars because of low resale most companies now buy gap insurance on leases. The reason why they wont budge a penny is because they'd rather get the money from insurance than lose money. You might be able to get a few hundred off but thats about it.
#6
It all depends on the numbers @ the time.
AoA wouldn't budge on my '01 A6 4.2 when the lease was up and I still ended up leasing 2 more Audis. My dad's MB E320 lease is up in 3 weeks and he got a letter in the mail, unsolicited, taking $6,000 off of the residual. My GMC Yukon went back last fall--no deals, residual only. I'm sure Audi & Union Bank of California (who owned the Yukon), had residual insurance and didn't care whether you bought the car, while MB knows that the new E class makes the old ones worth less, so that on top of the fact that they DID NOT insure the residual make them desperate to ditch the car, and fast.
How do the numbers look @ KBB?
How do the numbers look @ KBB?
Thread
Thread Starter
Forum
Replies
Last Post
Rahul Gupta
Audi A5 / S5 / RS5 Coupe & Cabrio (B8)
2
10-01-2017 11:17 PM
box986
A4 (B6 Platform) Discussion
28
12-07-2001 04:29 PM