Experieince with Low Mileage Lease Turn In

dmh3333dmh3333 Member Posts: 10
edited May 2015 in Audi
Has anyone had any direct experience with a dealer giving them credit towards a new Audi based on the value of the car coming off lease due to low mileage or due to high demand for that car?
Tagged:

Comments

  • MichaellMichaell Moderator Posts: 265,212
    dmh3333 said:

    Has anyone had any direct experience with a dealer giving them credit towards a new Audi based on the value of the car coming off lease due to low mileage or due to high demand for that car?

    Unlikely that you'll get any sort of credit. When you signed for the lease the residual value was based on the expected number of miles that were to be driven.

    However, it is possible that the current value of the car is higher than the contract residual value .. head over to the "Real World Trade in Values" discussion to get a good estimate on that. You could buy the car at the end of the lease for the residual value then resell it at market price and pocket the difference as profit.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

Sign In or Register to comment.

Helpful Tools

Most popular vehicles

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.