RS4 (B7 Platform) Discussion Discussion forum for the B7 Audi RS4

What to do when RS4 lease runs out?

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Old 02-11-2009, 10:03 AM
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Default Really? hmmm... a discount may change my decision

I would seriously entertain the thought of keeping my car if say the buyout were closer to 40g's, even with the accident

Thanks for the info Reggie!

I will call another dealer and see what they say!
Old 02-11-2009, 10:12 AM
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Default Good luck - His own dealer refused to do anything here in Fort Collins but Prestige in Denver

was very accommodating

Good luck
Old 02-11-2009, 11:00 AM
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get them to knock a few grand off and CPO the car
Old 02-11-2009, 02:37 PM
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You buy one (after negotiating a suspension replacement).
Old 02-11-2009, 03:30 PM
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Default I live in Canada and the last 2 I saw for sale on Autotrader were $85k

Granted that's dealer mark up but if you buy an RS4 for $50K US right now it's still works out to $70K Cdn so I don't get where you're coming from.

Plus a friend of mine who is the used car sales manager at an Audi dealership just told me, he'd be looking to give me in the $50's for my car..wholesale.

$40 k by June...It's not Armegeddon guys.
Old 02-11-2009, 06:58 PM
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Default Ideally, hand it in and then buy it again at market value, obsticles?..

Will they send it off to auction or try it on the forecourt? Been in an accident so likely auction?
How easy is it to research aucton values? They'll surely sell it back to you rather than pay the auction commission.
Old 02-12-2009, 06:38 AM
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Default Thanks for all the comments

It seems lots of current RS4 owners have the same dilemma...what to do!

I don't have confidence that market value will be > buyout as it always was with my previous S4's (I made money on both of them). In this case I have some equity on the car (money down) as well...ok that depreciates just like the rest of the car but even if I take 50% of money down + buy-back, I'm in the low 60's and I'm not confident I'll get that. Maybe a buyer who wants a super clean low mileage rare RS4 steps to the plate, but I doubt it. There are really very few in Canada, and around where I live I see one maybe once a month or less.

The fact they don't sell them anymore and the C$ depreciated back to the same place when I took delivery helps.

First and foremost though, I need to decide if I somehow keep it or not. Getting another one (eg 2008 very low mileage) is an option but seems like a headache just to end up with the same car. I love the RS4, there won't be anything like it until the B8RS4 comes along!!
Old 02-12-2009, 07:50 AM
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Default Audi will usually allow you to extend your lease, if you are waiting for a new model

so waiting for an S4 should not be a problem. go drive an '09 A6 with the 3.0T and see what you think. it's a great motor (and the S4 will have 35hp more than the A6), but it's a very different feel from the V8s. if you like it, put in an order and deposit now so you can get one of the first S4s.

as far as buying your lease, sometimes it is possible to purchase the car for below residual. AFS will assign a "market" value to the car, but this is dependent upon the car's mileage at lease turn-in. If you car has extremely low mileage or is in high demand, the market value may actually be more than the residual.

if you turn the car in, do not expect to be able to buy it a week later at "market" value. if the receiving dealer does not want the car, it will go to online auction and be made available to other audi/vw dealers. if it does not sell online, it'll be picked up and sent to a regular auction. if you don't indicate that you want the car, it will likely be gone.

i run the CPO program at Inskip Audi in RI. if you have any other questions, don't hesitate to ask.
Old 02-13-2009, 05:18 AM
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Default Thanks, but...

I am not on an Audi lease. Private leasing co. purchased the car and leased to me. Advantage is that I can get out of the lease at any time by arranging a sale.
Old 02-13-2009, 10:29 PM
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From the Horse's mouth, we will make money, you will lose.
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