Audi Q7 Buy vs Lease
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Anonymous
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Just for the sake of simplification:
Car price 50K, car plus extra cost.. let's give it 55K more less. Keeping it for 3 years. How much the car would be worth to sell at 3 year mark - how much would I loose. How much would cost the total cost of leasing of a car for the same 3 years in comparison with buy and loose money? |
Anonymous
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You lose the same if you sell the car or lease it.
Banks are not dumb - they know the resale of a 3 year old car and get their money one way or the other. I would lease and Audi due to maintenance issues, but if I were looking at the Lexus (100k range) I would buy that and keep it longer. Lower maintenance but more expensive car. |
Anonymous
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To figure this out and compare to a purchase, you need:
1. MSRP. 2. Residual value (% with the mileage). 3. Money Factor (if dealer is not willing to provide, walk out and find the next one). |
Anonymous
| Leasing a car for personal use is being financially irresponsible. |
Anonymous
| Audi Q7 done right, with nice interior color and all detailing can be breathtaking. It rides okay too. The price is really something that I like because it can be had for so much less then MB and BMW. I guess buying is better option after all. |
Anonymous
This isn’t true. |
Anonymous
| Audi do a lease. |
Anonymous
| Audis get killed with depreciation because the cars aren't reliable past 6-8 years. So def consider a lease since it's foolish to own long term |
Anonymous
+1 |
Anonymous
Not if you are only going to keep the car for 3 years. |