Half through lease, options?

Ask the Hackrs
,
1

Hi all,

We are hald through our 3 year lease on a 2024 Audi q4 etron. We really enjoy the car but would be purchasing it at the end of the lease. We got a call from the sales rep asking if we have thought about our next car lease. We told him we havent considered it yet since we still have a 1.5 years to go. We are now thinking maybe leaseing q6 etron in a year if the offer is good.

With that said, for a fully loaded q6 what should we consider to be a good deal? How should we negotiate? We dont want to put anything down and want to keep the monthly low as possible.

Fyi the q4 was our first lease ever and this community helped us get an awesome deal on the q4. It also helped that the dealer was pteety much giving it away lll

2
  1. you don’t have to do anything because your salesperson called you. If you weren’t thinking about, this is where you make an excuse and eject.
  2. if you exit your lease now it’s likely upside down, and that negative gets rolled into the next lease with more interest and tax. Run all the numbers yourself on the Q4
  3. separate the trade and the new lease if you are going to do something. Check Signed Deals and the Marketplace here to see what a Q6 should lease for.
3 Likes
3

I’d only worry about it in a year, when you’re ready and able to move on a new lease. No one knows what terms or deals will be available in a year; enjoy what you have now!

Plus the salesguy calling is just the typical sales pitch/call…

4 Likes
4

Thanks for the response. We weren’t actually thinking of taking any action until our lease is in the final months. I guess the call just got us thinking about sooner and preparing

1 Like
5

Yah thats what we are thinking. Just wait until we are in the final months and the see the deals. Thanks for the response

6

Since you’re in Texas, this is a bit more complicated. Usually you pay sales tax on the full amount of the purchase price. When you lease again from the same brand, they take the trade in value against the price of the new car and you pay tax on the difference.

When manufacturers want to move product, they’ll offer tax credits (they cover most of the tax) on a lease in Texas, but it’s infrequent and is done on a model by model basis.

When your current lease is a few months out, start shopping and checking the marketplace to get an idea on pricing and discounts. Most manufacturers will allow you to extend the lease for a few months, you can use this to your advantage if you haven’t found a great deal yet.

Part of doing well in the leasing game is being okay with leasing whatever meets your needs and is leasing competitively.

1 Like
7

Won’t be purchasing correct? Odds of buying it out at the end of the lease making financial sense are low.

Doesn’t cost you anything to have them give you a quote on the q6 with them taking the q4. I’m guessing it would be outrageous and make up your mind for you but I could be wrong.