New Audi Leasing Guide
Should I Buy a New Audi? The Advantages of Buying a New Audi vs. Used Audi
The time has come to get a new set of wheels. The word “new” however, is up to interpretation.
As a consumer, you have several options. You can purchase a new vehicle outright, you can purchase a “new to you” vehicle or you can lease a new vehicle. In this article, we’ll be focused on actually purchasing a vehicle.
Is is better to buy a new or used Audi?
It is important to realize that every situation is different, and a new car doesn’t make sense for everyone. Neither option is truly better than the other on a universal level.
There is a sense of satisfaction that comes with driving an Audi fresh from the factory with zero miles, the newest technology and that intoxicating new car smell. Also the interest rates on "new" cars are always lower than a pre-owned car.
Advantages of buying a Used Car
Cost, a used car is going to cost you less than a new car. Sure, it’s not new, but it is important to remember that cars depreciate the second they drive off the lot. You can get a newer used car that may still have lingering new car smell at a discount of thousands of dollars. The finances of buying new may not make sense for everyone. A solid used car can provide years of reliability at an affordable cost and be a much-needed upgrade from your current vehicle.
While the vehicle market can always change, and even used cars can be expensive, they are generally more affordable than buying a new car.
Lower Insurance Rates
You’re not only saving money on the purchase price of a new vehicle. Insurance rates are historically lower on used vehicles and continue to decline as a vehicle ages. Before deciding on a vehicle, get insurance quotes on your desired new and used vehicle options and consider these rates during your decision-making process.
Should I Buy a New Audi? The Advantages of Buying a New Audi vs. Used Audi
The time has come to get a new set of wheels. The word “new” however, is up to interpretation.
As a consumer, you have several options. You can purchase a new vehicle outright, you can purchase a “new to you” vehicle or you can lease a new vehicle. In this article, we’ll be focused on actually purchasing a vehicle.
Is is better to buy a new or used Audi?
It is important to realize that every situation is different, and a new car doesn’t make sense for everyone. Neither option is truly better than the other on a universal level.
There is a sense of satisfaction that comes with driving an Audi fresh from the factory with zero miles, the newest technology and that intoxicating new car smell. Also the interest rates on "new" cars are always lower than a pre-owned car.
Advantages of buying a Used Car
Cost, a used car is going to cost you less than a new car. Sure, it’s not new, but it is important to remember that cars depreciate the second they drive off the lot. You can get a newer used car that may still have lingering new car smell at a discount of thousands of dollars. The finances of buying new may not make sense for everyone. A solid used car can provide years of reliability at an affordable cost and be a much-needed upgrade from your current vehicle.
While the vehicle market can always change, and even used cars can be expensive, they are generally more affordable than buying a new car.
Lower Insurance Rates
You’re not only saving money on the purchase price of a new vehicle. Insurance rates are historically lower on used vehicles and continue to decline as a vehicle ages. Before deciding on a vehicle, get insurance quotes on your desired new and used vehicle options and consider these rates during your decision-making process.
The Major Advantages of Leasing a new Audi
• You drive the car during its most trouble-free years.
• You’re always driving a late-model vehicle that’s covered by the manufacturer’s new-car warranty.
• The lease will require little maintenance. (oil changes)
• You can drive a higher-priced, better-equipped vehicle than you might otherwise be able to afford.
• Your vehicle will have the latest technology & active safety features.
• You don’t have to worry about fluctuations in the car’s trade-in value or go through the hassle of selling it when it’s time to move on.
• There could be significant tax advantages for business owners.
• At the end you just drop off the car at the dealer.
Disadvantages to Leasing
• In the end, leasing usually costs you more than an equivalent loan because you’re paying for the car during the time when it is most rapidly depreciating.
• Lease contracts specify a limited number of miles. If you go over that limit, you’ll have to pay an excess mileage penalty. That can range from 10 cents to as much as 40 cents for every additional mile. So be sure to calculate how much you plan to drive. You don’t get a credit for unused miles.
• If you don’t maintain the vehicle in good condition, you’ll have to pay excess wear-and-tear charges when you turn it in.
• You need to bring the car back in “as it left the showroom” condition, minus usual wear and tear, and configured like it was when you leased it.
• You’re still on the hook for expendable items such as tires,& brakes.
• You may have to pay a fee when you turn in the vehicle at the end of the lease.
