I’ve purchased a lot of cars through the years but never leased. I have been considering leasing as I like to get a car every few years. I received this info on an Audi. I know their residual causes me to take a hit. Is there anything else I’m missing here? Likely viewed as a bad deal? Thank you.
Check the residual/MF/incentives with Edmunds and run through the calculator
Most likely. 5% pre-incentive discount, an effective 4.34% interest.
On any Audi it’s recommended to add AudiCare for the 1% residual bump.
Search previous deals here and marketplace offers. Strongly consider a broker.
Have you considered 2 m760is instead? You could do different colors for the week and the weekend.
My brain can’t even comprehend that much trunk space. How many golf clubs would I need to buy?!?!
I don’t think the current programs makes a new A8 very leasable. The only way I’ve seen a A8 lease work is with a loaner. They are not as uncommon as you may think as dealerships are required to provide A8 loaners for A8 owners – and they are in the shop all the time. Your much better off buying a 2 year old CPO and letting some other guy loose 44K in the first 2 years. In fact your better of buying a 2 year old S8.
In a word, terrible.
Run away from this one.
Not sure where you are located but I have a much cheaper one posted!
Would be great to know why/specific reasons. Thanks.
Besides what everyone else said?
Why would you spend 60k to drive a 98k car for three years and give it back?
There are good deals, average deals, bad deals, deals where you make the down payment on their boat, and deals where you paid for the boat.
The heart wants what it wants, but you’re somewhere between boat payment and the entire boat on this one.
If you must have an A8, you can afford a broker to keep as much of your own money as possible. Or you can drive (2) 760s for the same payment. Or a McLaren.
Exactly what @jeisensc said.
There are so many CPO A8s our there at a low $60 K price point with 2-3K miles on them. Even going with the 36 month option, you are going to pay the price of a low mileage CPO A8 to “rent” this car for three years.
So you have to ask yourself: If you really want this vehicle, how is it best to spend your money? Is it worth to spend $60,000 over three years and just turn it in, or buy a slightly used fart car with low mileage for the same price and be able to recoup a bit of money when you trade it in?