Hey guys, new here and this is the last deal I got from an Audi dealership in LA today (Nov 2, 2018):
Audi SQ5 2018
MSRP $62,735,
dealer price $54,481,
$15k down,
10k miles,
24 months
$199.43/month (CA tax included).
I have $15k that I need to write off from my taxes this year and I was just going to put that as down payment on a lease, but now I’m learning that I’d basically loose that if my car was totaled or stolen after 3 months, for example. Is that correct? What are my options in this case? I need to have the $15k expensed this year and keep my monthly payments low toward the rest of the lease. I read on Audi’s brochure saying GAP insurance would not apply to leased cars?
I’d greatly appreciate any insight, thanks in advance!