is price of lease end purchase negotiable?

[jiunnfang]

Has anybody known anything about this?

My lease is due at the end of March and I am thinking about buying.


Al

[BlueTurbo]

It's negotiable before you sign the lease. Now, probably not, unless economic conditions are on your side.

[audiway]

hey guys! my lease was up and i tried negotiating with Audi Finance. they said no way. but what you could do is, take it to a dealer and buy it through them. they can negotiate with Audi Finance. My dealer, charged me 2500 for certifying the car, 6 years 100,000 warranty. or i could've paid 1000 for just the inspection. all in all i paid about the same as i would have paid if i had gone through audi financial directly. maybe about a grand cheaper but atleast my warranty is extended, which i wouldn't have got if i bought from Audi Financial. let me know if you have any questions

[Montreal Ray]

Has anybody known anything about this?

My lease is due at the end of March and I am thinking about buying.


Al

Kinda sort of :-)

In most cases no. The only way it is negotiable is IF the buy back is higher that what the vehicle is actually worth. If the buy back is higher, that means that the manufacture is stuck with a ton of cars that will get auctioned off after lease return. In that case, they are desperate to sell as many as they can before it gets to auction.

The ONLY one able to take advantage of this is your dealership. He is able to buy the vehicle from the manufacture for MUCH less than what the buy back is and then sell it to you.

You need to have a very close friend within the dealer to take advantage of this.

Here is a quick example I just witnessed. Client had to return a 3 year old ******, the buy back was 31,000 and change. Retail value was roughly 25K. The dealer bought it from ****** for 22,000 and sold it to his client for 26,000.

In the end, the guy returning his lease saved 5K! and the dealer still made himself 4K!

Gotta love it!

Btw, I’m in Canada. 90% of buybacks are higher that what the car is actually worth.

Ray