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Purchasing A4 at the end of the lease

10 messages, Last post on Oct 21, 2008 at 10:19 AM
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My lease is up in two months on my 2005 A4 1.8T in two months and trying to figure out all the angles to factor in when deciding to buy or not. The residual value is $18.5K. I'm 15K mi over my mileage There has been a coolant leak problem a couple times during the last year. It'll cost $500 to fix it & needs rear breaks they say. Do you have to fix these things before you turn it in? They are offering 0.9% interest if we refinance through audi credit again and buy an extended warrant, which cost $2500.00. Can you negotiate on the residual value of the car (18.5k)? What other factors should I consider in my decision. I'd like to go the cheapest route.
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Replying to: kevin34 (Oct 30, 2006 8:53 am) The car business is slow now. You should be able to negotiate the buy off price down a bit. My case may not apply to A4. - I negotiated my lease end RX-8 $1,500 lower than residual value and waived $500 process fee. I end of buy off the RX-8 and sell to the other party. Make about $1,000 from it. You may try to call you lease maturity department. |
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Replying to: matthans (Apr 28, 2008 10:57 am) Ed |
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| Hi. My general message is not to own an Audi out of guarantee regardless of the apparent external condition. Problems with coils, motors, oil leaks, bad brakes, etc. are too expensive to deal with. Audi sells cars are purveyors of quality products. Far from it. Audi does not look back to make improvement. I just received a notice from Infinity. They want to look at my '03 QX4's anti pollution system to see how it is doing. They keep they car for up to 10 days and any needed repairs will be free. A free of charge vehicle will be provided. My car will be returned full of gas, about 100 more miles on the odometer and there will be a $300 payment for my troubles.That is a quality car company. On top of that, after 75,000 miles all I have had to replace are the rear shocks. All other items have been scheduled maintenance item. STAY AWAY FROM AUDIs. They will bleed your checking account dry. My 2001 TT has had its share of problems and soon will be sold. Good luck. | |
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