View Full Version : Got a letter from my dealership offering to buy my leased S4 back
phantomblack
11-23-2011, 08:12 AM
is anyone familiar with this?
I'm considering it, but would like to know if it can be negotiated to be in my favor. I don't have the letter in front of me, but it mentioned that the car is in high demand and they'd be willing to give me an attractive offer to buy the car back prior to my lease end. And in addition to the buyback, they would make my first payment towards the purchase or lease of another Audi.
Will I end up spending more on this type of deal?
I was considering getting a newer S4, as mine is a '10.
Fonzie@DipYourCar
11-23-2011, 08:21 AM
ttrs
NWS4Guy
11-23-2011, 08:22 AM
ttrs
I know I would do this if I didn't need 4 doors! Yes the S4 is holding value well and is in high demand.
NunyaBiz
11-23-2011, 08:25 AM
Audi is just trying to get you back into the dealer to spend more money. I've seen these letters before over the years and many a post mentioning the same thing over the last 10 years or so. If you weren't thinking about getting a new car before...you are now. Mission accomplished on Audi's part :)
OmaHahn
11-23-2011, 08:27 AM
Yes, in high demand, but they also want to "move cars." That's what it's all about. Call them, you never know! Audi loyalty incentives? Could be a good thing.
viceprp
11-23-2011, 08:29 AM
I have an 11 yo Audi and they send me the same line every year. They want to give me $4000 for my car but what they don't know is there is $8k in parts hanging from my rings. It's just a way to sell more cars.
crisp74
11-23-2011, 08:33 AM
Audi is just trying to get you back into the dealer to spend more money. I've seen these letters before over the years and many a post mentioning the same thing over the last 10 years or so. If you weren't thinking about getting a new car before...you are now. Mission accomplished on Audi's part :)
this. i have gotten similar letters from infiniti, bmw, etc. the dealership will likely come out ahead on any deal you make. when they offer to buy out your lease early, they will find a way to recoup that money on the new lease somehow. if you decide to get another car, base your decision on what value they are placing on the car, same as in a finance / cash purchase, not how much you are paying monthly.
Fonzie@DipYourCar
11-23-2011, 08:39 AM
I have an 11 yo Audi and they send me the same line every year. They want to give me $4000 for my car but what they don't know is there is $8k in parts hanging from my rings. It's just a way to sell more cars.
your signature is hilarious
geektoad
11-23-2011, 08:51 AM
Agreed, I've gotten these letters from just about every dealer I've ever purchased a car from. The just want you in the door.
A5RIZ
11-23-2011, 08:55 AM
I returned my 2010 A5 13 months early...which was modded and a little over the mileage...put me in a 2013 S4 no money out of pocket ( except $100 for plates )...free first month on the S4...no penalties for mileage or wear on the return...
and i got my last payment back from the A5...best deal of my life.
AofC_RR
11-23-2011, 09:03 AM
I returned my 2010 A5 13 months early...which was modded and a little over the mileage...put me in a 2013 S4 no money out of pocket ( except $100 for plates )...free first month on the S4...no penalties for mileage or wear on the return...
and i got my last payment back from the A5...best deal of my life.
Sweet! You got a 2013 already?!?
Ok seriously though. I work at a dealership, the letter is purely a marketing to get you back in the store to maybe buy something or generate good used cars for the used lot.
tomh009
11-23-2011, 09:05 AM
this. i have gotten similar letters from infiniti, bmw, etc. the dealership will likely come out ahead on any deal you make. when they offer to buy out your lease early, they will find a way to recoup that money on the new lease somehow. if you decide to get another car, base your decision on what value they are placing on the car, same as in a finance / cash purchase, not how much you are paying monthly.
In the end, it'll be Audi buying out the lease, not the dealership. The dealer will just make money selling the new car, the lease return will be just like any other lease return, just earlier.
jrclutch55
11-23-2011, 09:13 AM
In the end, it'll be Audi buying out the lease, not the dealership. The dealer will just make money selling the new car, the lease return will be just like any other lease return, just earlier.
Wrong, It would be the dealership buying out the lease. The Audi residuals are very conservative, and because of this, many leased Audi's are actually coming back in with equity. They can buy you out of the lease, get a nice pre-owned vehicle on their lot, and sell a new car. Its a win for them because of this, and if the deal on the new car is good, its a win for you.
tomh009
11-23-2011, 09:52 AM
Wrong, It would be the dealership buying out the lease. The Audi residuals are very conservative, and because of this, many leased Audi's are actually coming back in with equity. They can buy you out of the lease, get a nice pre-owned vehicle on their lot, and sell a new car. Its a win for them because of this, and if the deal on the new car is good, its a win for you.
Maybe in some cases it's the dealership; in others it's not.
And regardless of who buys out the lease, the dealer can still buy the car from Audi Finance and put it on the lot.
jrclutch55
11-23-2011, 10:06 AM
Maybe in some cases it's the dealership; in others it's not.
And regardless of who buys out the lease, the dealer can still buy the car from Audi Finance and put it on the lot.
In an early buyout its always the dealer who buys it, the only other way that they would do it would be to roll the remaining payments into the next car and turn it in early if it didnt make sense financially to buy it.
TTRS, or if you get money from them GTR
Auditude2.0T
11-23-2011, 11:33 AM
I returned my 2010 A5 13 months early...which was modded and a little over the mileage...put me in a 2013 S4 no money out of pocket ( except $100 for plates )...free first month on the S4...no penalties for mileage or wear on the return...
and i got my last payment back from the A5...best deal of my life.
I call BS
A5RIZ
11-23-2011, 11:45 AM
Sorry meant 2012...damn everyone relax
caitovS4
11-23-2011, 11:46 AM
^ Entirely possible. - Because what we don't know is how much that new payment is.... I'm sure money is being made somewhere.
audisarecool
11-23-2011, 12:22 PM
^ Entirely possible. - Because what we don't know is how much that new payment is.... I'm sure money is being made somewhere.
Money will be made selling the returned A5, and ofcourse they are making some on the new lease as well.
A5RIZ
11-23-2011, 12:24 PM
Only my monthly payment went up because i upgraded from an A5 2.0 to a fully loaded S4...
Nothing out of pocket at all...was perfect for me because i wanted out of the 2.0 and didn't have
to deal with a lease return of a modded car and nothing out of pocket for the S4
Worked for me...i'm sure it worked out for the dealer as well but who cares...it's a win win
Ciscokidz
11-23-2011, 08:53 PM
Did this before on a leased BMW. The game is they will attempt to move you to a higher model or optioned car, but I ended up stubbornly getting a no-cash trade up, 2 year newer model, same options package, same payment and terms and actually a few extra options that were new to that year. At the time a no-brainer since I was going to continue leasing, newer car, better color scheme and just paid registration and tags. VW Auto Group is starting a very public attempt at becoming the #1 auto company, they are getting very aggressive at finding ways to get new cars sold, their cost of money has gone down so they've already made more on your current lease than they figured and the S4 is likely worth equal or better than your calculated residual as they've held value so easy deal for them.....Check it out you can always say no!
cory_can
11-23-2011, 09:09 PM
They've got you back in the dealership....your 3-4 year lease has now turned into a 5-6 year lease...new car or not. Bottom line is that they've kept you as a customer as apposed to potntially losing you after the original term to BMW/Merc or whatever.
jamesj2k
11-23-2011, 09:26 PM
that's the key...to keep you as long as they can...not that there is anything wrong with that
showcarmike
11-24-2011, 03:03 AM
i got a letter in the mail and an email. I hhave a choice, either to trade in for another Audi or they will buy the car back from me. My qiestion is, if i decide to sell to the dealer, how bad will they rip me off..lol
zerinA4
11-24-2011, 05:53 AM
THIS. Nothing but marketing materials.
Audi is just trying to get you back into the dealer to spend more money. I've seen these letters before over the years and many a post mentioning the same thing over the last 10 years or so. If you weren't thinking about getting a new car before...you are now. Mission accomplished on Audi's part :)
Kandiru
11-24-2011, 05:56 AM
The letter from your dealer is a reflection of the culture of consumerism
in American society but also all over the Western hemisphere. People do a
lot of impulse buying, same applies to cars. Nobody wants to wait 3-5 months
for a car to arrive, so dealers see people bailing out of their orders. It would
be hard for the average Joe 2-pedal A-B "enthusiast" to ignore the plethora
of slushie AWD sedans out there, while us 6MT dinos really have very few other choices.
Dealers want to sell and hate to lose out to bailers so they will do anything
to retain customers and make a buck.
Keep your S4 if you are happy, i have a family of 5 and this auto is a great
for our needs, for groceries and daddy's psycho twistie sprints alike.