CPT Midnight

The following are conclusions on my leasing a RS4 and hoping to roll over the vehicle at the end of the lease for some profit.

Some believe 39.9k is about all it is worth at end of lease making it essentially break even to roll it over at end of lease.

Some think Mid-40's making it about a 10k profit at end over (give or taking depending on residual, 07/08, tax, and a host of other issues). Something to hope for I guess.

Virtually nobody believes it will be worth 50k+ at the end of 3 years.

Some don't understand why leasing works for business owners and advise against it no matter what.

My personal conclusion is based on my own opinion projected 3 years out. If I were in the market for one in 3 years what would I be willing to pay? For this vehicle I would be absolutely willing to pay 39.9k in 3 years (with 35k miles) - no questions. I bet alot of people would be willing to do this meaning that the price will be higher than that - I would guess in mid to upper 40's possibly approaching 50 but probably only through the dealers.

This means to me that my only obstacle to doing it is my wife

Thanks for listening - I will let this subject go for now.

Bob W.

...I've leased 3 different Audis since '99 (and a 4th that I traded in before the end of the lease). NONE of them have ever been worth more than the projected residual at the end of the lease...in fact, they all were worth quite a bit less than the residual. One of them was worth less than the residual a full YEAR before the end of the lease!

Take a look at the 2003 RS6 prices...right now they're selling for about 50% of their original MSRP. So in 3 years, your $73k RS4 will *probably* be worth about $38-41k (52-56%).

Having said that, I hope you're right....my residual is $35k!

NYC_S

Damn... that's it?? Can I buy your car after your lease. : )

sparkhill

FWIW, my residual is just over $51K ending June, 2008

Parikh1234

<center><img src="http://www.hostdub.com/albums/PanEuropean/used_car_salesman.jpg"></center><p>i knew I shouldnt have financed through this guy....

RS4brit

.....so that means it costs me just about $30 per day for the best all-round car I've owned in quite a while - I'd say that was cheap!

TxShep

Sounds to me like your stretching some of your "assumptions" to justify--funny how we always do that

daveak05

on several things. obviously term of lease. but also, the actual MSRP(as equipped) price of the car new...the mileage accommodation...the market(geographic area), etc.

you get to pony up if you want to buy at end of lease, with some wiggle room. but, if looking to sell an owned car at 3 years, just going to have to wait and see. blue book won't necessarily save you.

Bob W.

sure, i'll sell it to ya for $39,999. ;-)

CPT Midnight

Grin