Hi folks,

I got a pre-paid 1 yearleaseona 2007 A4(Quattro). The lease is
getting over in the next 2 months. Well, I love the car, and right
now inclined towards buying it(basically refinance it), if I get a good
deal. They mailed me too, wanting to explore the options. But wanted
to bounce this off you guys first.

Anybody been in the same situation before(become emotionally attached
to your Audi by the time the lease ends :-))? Pls give any ideas/tips you
have - do/don't do/gotchas while negotiating, how not to get ripped off,
etc.

BTW, the lease was for 10K, I've already driven 12K. The agreement says
25 cents for an extra mile. Would they waive it if you are buying the car?

Thanks in advance.

 

What timing.

I am turning my A4 lease in in about a week. And I am guilty. I have become attached to this car! It has been reliable, fun, great in the snow, etc. The performance and luxury of this car is perfectly balanced IMO. great car, and I will be sad to see it go, however I am equally excited about my new ride

If you get a good deal, and really love the car, I would say buy it.

My tips for negotiating are: Do your homework. For example, before I went into the dealer, I knew exactly what the Invoice, and MSRP of the car was. This gave me great leverage. In the end, paid about 500 over invoice for the car. Good luck!

 

I leased my 2005.5 a4 2.0 quattro and my lease will be up in 3 months. I found out the buy price at the end of the lease would only be $21,xxx and I have <18,000 miles, so it's tough to say no to that! Now I'm planning on doing some mods!

 

They won't charge you for extra miles if you buy the car. They only charge you for extra miles because lower resale value, and since if you buy it they won't have to resell it, they have no reason to charge you, you buy the car and only the car

 

paid about 12K for the lease, so the total comes to about 35K(much over the MSRP of 33K).

This is proving to be an expensive thing. I was hoping I can get it for 2-3K less. But according
to the dealer, they can sell it as a used car for more than 28K(with the 300 pont inspection, etc.). He made it sound like they're doing me a favour by giving it for 22K.

I'm totally confusednow. Any ideas please? What do you guys think?

 

Personally, if you love the car, and they wont budge from that price, part with it and get a B8 chassis or A5 (s5) on the "Premier Purchase" plan. This plan allows you to pay (depending on what deals are going on) a set monthly fee from 250-500 depending on sales, for 3 years, 45k mile allowance. At the end of the 3 year term, give it back or buy it for a predetermined set price (set at signing). That way you avoid this kinda situation.

That is how if i buy mine after 3 years, id get it for 600 under invoice and some free features.

 

Unless you have alot of mods on it or are way over the mileage, part with it and get the B8 A4 as someone said before. You would still have an Audi, but it would a nice new one. Thats just my opinion, also financing it, you would probably be paying the same if not more than if you would lease a newer model.

 

Keep in mind that the "leasing company" is the one who owns the car at the end of the lease NOT the dealer. If the leasing company is Audi Financial/VW credit then you should be talking with them. By trying to deal with the dealer direct you can garantee they'll buy out the lease from Audi Financial for less than your residual valueand sell it back to you for a profit. Also Audi financial does NOT want the car back in an ideal situation as they are not a used car lot so there is some negotiating room. Look up what the "trade in" value is and compare that to the residual value that your contract states you should pay and what cars with simiar options,miles, etc. are selling for at dealerships/online. If the trade in value is less then offer them that and if not walk away and let them deal with getting even less at an auto auction or from a dealer.

Also unfortunately one critical rule to follow is to NOT get emotionally attached to the car (at least don't let the person you're negotiating with know that) as if they get a sense of that they'll never budge on price as they know you'll buy it no matter what. I've bought over 12 cars in the last 15 years (a few for friends) and I have had to walk away from a deal if they were not willing to meet my terms. Remember they need you more than you need them as there's always another car for you to buy.