Financial advice?
03-08-2019, 01:44 PM
#1
Financial advice?
Getting a 2019 q7 premium+, $62,300 msrp and dealer is giving a good percentage off so I’m happy with it. I’m pretty dead set on leasing, I plan to keep it no longer than 5 years even if I bought. My last car got tboned by an uber and had the bumper ripped off while parked by a nyc sanitation truck. I worry about negative equity because of my bad luck. If you think I’m still off on the assumption that I should lease instead of buy, please do sound off.
What id like to ask is what lease term I should go for. My previous cars all had 3 year warranties, now I’m getting one with a 4 year warranty. How do I properly calculate my ‘lease value proposition’ at different terms. Like if 27/36/39/48 month prices are $w/x/y/z, what calculation would I use to pick the best value? Keeping the car for 2 years or 4 doesn’t make any difference to me, just what’s the best value for my money. Thanks!
What id like to ask is what lease term I should go for. My previous cars all had 3 year warranties, now I’m getting one with a 4 year warranty. How do I properly calculate my ‘lease value proposition’ at different terms. Like if 27/36/39/48 month prices are $w/x/y/z, what calculation would I use to pick the best value? Keeping the car for 2 years or 4 doesn’t make any difference to me, just what’s the best value for my money. Thanks!
03-08-2019, 01:59 PM
#2
AudiWorld Member
Generally 36 month leases give the best value. You don’t want to own these cars out of warranty. Look at ‘Lease hackr” and Edmunds lease forums for lots of relevant information.
03-09-2019, 06:19 AM
#3
AudiWorld Super User
If you want sound financial advice, it would be to buy a Honda CRV and drive it till it dies in 15 years. However, leasing is not always the best thing, unless you are writing off against a business or if you just cannot live without a new car every 3 years. Even with a lease you will be responsible for bad luck issues. Financing and holding the car for 5-6 is usually a smart thing, and if you can drive them even longer, then you are in a better situation. As Corgiman said, 3 year leases are the best ones. I've seen shorter, but not longer (but I'm sure they exist). Good luck
03-09-2019, 06:59 AM
#4
AudiWorld Super User
03-09-2019, 04:40 PM
#5
AudiWorld Super User
With leasing you're basically just paying the depreciation on a new vehicle. Great if you're the type of person that wants a new vehicle every 3-4 years. But no car is a "good investment". 
03-10-2019, 06:14 AM
#6
AudiWorld Member
I leased 2 A6s via Audi Financial Services, and both times it was a pleasant experience.
With the Q7, the Audi dealer said leasing US Bank was the only way to make the numbers work, and USBank has been a nightmare.
With the Q7, the Audi dealer said leasing US Bank was the only way to make the numbers work, and USBank has been a nightmare.
12-27-2019, 05:53 AM
#7
AudiWorld Junior Member
My personal approach is buy/finance a 3 year old CPO for under half of MSRP(and a deal), where most of the depreciation has already occured.
Find one fully loaded on all options packages you are looking for and enjoy at least 1 year under CPO warranty.
Find one fully loaded on all options packages you are looking for and enjoy at least 1 year under CPO warranty.
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