Purchase or Lease (USA)

[wolfie]

Has anyone leased their R8 in the US? I was planning on purchasing mine (arriving next month) but given the upcoming v10 release and the increased availability of the v8 next year and beyond, I may consider a lease. The advantages of a lease (as I see it and provided that milage is not a concern) are (1) your depreciation is locked in but you still have the opportunity for upside IF the car is still worth more than the residual at the end of the lease term, (2) IF you ever get into an accident you do not bear the burden of the huge depreciation that is associated with an accident car (especially if it is significant - yes this has happened to me); and (3) of course your payments are less. The third advantage is not really a big factor but I will say that taking money out of the market right now is not an option!

Any leasing or purchasing rates/terms/experience would be appreciated. Also any thoughts on the advantages/disadvantages.

[wedouglas]

They are letting you lease them? I don't know of any dealerships with leases on them.

[wolfie]

Sure. Leasing is simply a financing option available on any audi through audi financial services. The dealer has nothing to do this audi financing options, they are just processors.

[R8RUNNER]

I considered leasing but couldn't because I did the european delivery thing. I believe that Putnam Leasing has a lease plan for the car... or Audi Financial Services.

[wedouglas]

Sure. Leasing is simply a financing option available on any audi through audi financial services. The dealer has nothing to do this audi financing options, they are just processors.

I assumed it was up to the dealer to offer the lease.

[20C4S]

few things to consider:

- where u are depends how much u are going to pay in tax.

- do u have a business to write it off if u lease it.

- how long are u going to keep the car.

it's either pay it all up front or at the end for the lost. u'll get hit regardless. audi lease is terrible not to mention dealer will jack u big time in the terms. buying it just make it easier if u can write the check.

[lightninhopkins]

i did a lease and it went through Chase Auto lease.

Doing an Audi lease is not a must.

[Jas667]

My previous car (and I intend to buy my V10 the same way) I bought putting down a deposit, then the monthly payments with a baloon at the end. I find this is the best way to purchase a car as you are saving yourself the huge initial purchase cost(this money does better invested, making u money instead of depreciating). When my current car is up I just pay the baloon and use the car as my deposit for the next 1. In the 3 years I have had the car, using the 50k I did not have to put down I have made several times this with investments. Hope that helps, I find it a win win :-)

[wedouglas]

My previous car (and I intend to buy my V10 the same way) I bought putting down a deposit, then the monthly payments with a baloon at the end. I find this is the best way to purchase a car as you are saving yourself the huge initial purchase cost(this money does better invested, making u money instead of depreciating). When my current car is up I just pay the baloon and use the car as my deposit for the next 1. In the 3 years I have had the car, using the 50k I did not have to put down I have made several times this with investments. Hope that helps, I find it a win win :-)

They aren't charging you interest on the money you owe before your balloon payment at the end

[audi281]

I hear Audi will buy back the car for what you paid for it - within the first year. is this true? Let me rephrase this - they have the first right of refusal to buy back the car for the first year @ the price you paid for it - or else you can sell it on the open market (hopefully for a premium) - Does anyone know this is fact - or does it very dealer to dealer?

I say if you want to hold on to this car for a year - 2 years - it would be a good deal to buy.

A - you get a tax write off on the taxes/interest you pay.

B - from the info i know 'supercars' - do not depreciate like normal cars.