liquidforce138

My first Audi is on its was from the port (18 s5 sb), and it has a pretty good residual on my lease (65%).

Have any of you had enough equity there at lease end that you bought it just to sell it for a profit? I'm thinking it may be possible on mine, but that may be naive.

BreedsAs

It is really hard to say because you did not give the term of the lease so that the 65% residual you got can be deemed good (or bad).

liquidforce138

Standard 36 month lease. 65% is very good residual.

liquidforce138

The point of my post was to ask if anyone had recently resold an Audi for a profit after buying out their lease.

BreedsAs

I figured 36, but I was not positive.
I would assume that the option is always on the table, but if I were you, I would run the Blue Book numbers towards the end of the lease and match up what the "actual market value" at the time with your residual. It could be higher, could be lower.
Leases are based off predetermined residuals. As you know, nobody can guarantee what the actual residual will be 3 years from now as that is impacted by many things.
A large Audi recall, excessive Audi rebates/incentives, another "Dieselgate" type scandal, a new 4 door coupe introduction from luxury brand competitors can all impact the value.

Goldswing

Instead of you having to finance a buyout or laying out a large amount of cash, if the value of the car far exceeds the residual, I would try to work out a private deal before lease end or sell to another dealer. Not saying either are easy, but it minimizes your risk.

irenesbob

Residual, like other lease terms can by "adjusted" by AFS to achieve whatever Audi wants. The 65% sounds pretty high if it is a guess at what the actual resale value will be 36 months down the road.

uberwgn

https://www.audiworld.com/forums/a8-...vices-2924404/

Emerson11

My last lease was a 24 mo., paid in advance lease. At turn in, I received a nice check from the dealer. Single transaction, super easy. "Price" at lease had been msrp, less 6%.