What to do with a 2022 Audi e-Tron Prestige with Very Low Mileage?

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Dear Hackrs,

Hope everyone is doing well.

A family member is about to return his 2022 Audi e-Tron Prestige leased vehicle with very low mileage (~11K miles). The car is in pristine condition. The residual value of the vehicle is ~$46K.

The current market value of these cars is significantly lower than the residual (KBB Private Party range $35K-40K), so Audi is likely to take a loss on the lease return.

Given the condition of the vehicle, I’m wondering if an Audi/VW dealer would be able and willing to take the car back and immediately resell it to me at lower than market value, but still making a reasonable profit?

The dealer may have an incentive to do this as they wouldn’t be getting the car back otherwise and I would be getting a car in excellent condition with the depreciation already taken out and be able to buy it at lower than market rates.

Does this make sense? Your feedback is appreciated.

Cheers!

-SSB

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The dealer will collect it on AFS’ behalf and it will most likely head to Manheim to be auctioned.

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Dealer doesn’t really care; the car belongs to the bank. For desirable cars they can resell, they’ll buy it from the bank and turn it around. Otherwise it goes straight to auction like @jeisensc said.

Backdoor deal like you said.., you could try asking :man_shrugging:t2: manufacturers like bmw frown on that practice big time, which is why you almost never hear of that from bmw dealers. Audi? :man_shrugging:t2:

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Thanks @jeisensc and @Kctham18 for your feedback.

@DonnyAudi, @Samaudibh or @SamMBofBH (if you are still tracking this forum), do you know of any Audi Dealers that may be willing to entertain this idea?

Thanks again!

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Or pay someone with access to Manheim to track it down and buy it for you for a fee if all else fails. Obviously, a bit of a gamble, but it may end in Riverside.

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Sam’s at mercedes now. Should change his tag to @SamMBofBH :grin:

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