cshama

My audi A6 is coming offlease soon and I am think of buying the car. The residual is very high for a 3 year car- $23k. Is it possible to negotiate with Audi Financial Services.

They told me they dont negotiate- they put the car up for auction. But that sounds crazy if I am willing to buy it at a reasonable price.

Any ideas??

dbjb

eventually...they will negotiate. If they want to lose money, let them. Its just a car.

Chances are, you can find the same car an an Audi lot, certified, and for a lower price.

cshama

are their any succeful strategies for dealing with these putzes

Anrosphynx

is it usually a bad idea to buy a car that is just off lease? I have heard some horror stories about how people treat their cars like crap cause it is a leased car... any thoughts?

NS2000X

I believe that cshama is talking about the car they have been driving for the past 3 years. I assume they have a good idea of how it has been treated.

NS2000X

Anrosphynx

i know, i guess i am kinda hijacking the thread a little.. just wanted some general imput..

cshama

yes its my car

Octane-Girl

[hijack]

Hey Anrosphynx!

If one is in the market for a 3ish y.o. car, lease returns are very good choices. Since the mileage is set by contract, the acutal miles on the car is generally lower than 3 y.o. cars that have been purchased/financed.

Leases also have a hard end-date to them, and when that end date arrives, the car must be turned in. If there is any damage to the car outside a nominal wear-and-tear allowance, or if the car has any mechanical problems, or if the lessee did not maintain the car, the lessee gets hit with a fine. Most lessees do not want to wrap up a lease with no car AND a big bill to pay.

This is going to sound a bit boorish...but they aren't my rules. People that are not of sound credit standing cannot qualify for a lease. In a lease, the bank owns the car for the entire period...and the banks want some assurance that the driver is of proper financial standing to care for the car. Drivers with sub-prime credit can, however, apply for a loan...and the drivers that can't care for their car and end up dumping out of the loan, or trading for something cheaper...end up in the market as trade-in car...not a lease car.


[/hijack]

(sorry cshama)

steven975

you CAN likely negotiate, but not with the customer service rep.

have them pass you on. if you find someone with actual power who KNOWS the leasing market AND that they have a chance to lose less money, they will talk to you. they really do want you to buy it as owning it is a liability for them.

The fact that GM and Ford are throwing money in rebates and giving 0% deals means the bottom has fallen out of the used market. Of course they HAVE to do that to sell their junk This lowers prices for all brands of used cars, domestics mostly though. 3 years ago audi didn't factor this in.

Mutlu

I leased a Saab for my brother in law and they gave him a $7000 discount on the buy out. My friend told me yesterday that when returning his 996 C4 they were offering him $4000 off.

Personally, I would look around to see what's out there. There a lot of good deals out there with the economy being the way it is right now.

Good luck!