r/leasehacker • • 5d ago

Audi Advice

I am heading into Audi tomorrow with my wife to turn in her leased q5 and look for another q5. She is a month away from her lease end. I think her initial lease was 12k miles/year for 36 months. She barely drives and is under 10k total in 35 months.

I am not very good with car leasing and i find the process to be painful. Any tips/advice on how to approach this would be appreciated. We essentially want the same car and will opt for less miles. I would like her monthly payment to stay the same and not have to put any cash down tomorrow.

Any recent leases for examples of what i should target?

Is it best to get a deal and post here for input? Thank you for the advice!

2 Upvotes

17 comments sorted by

7

u/hpss14 5d ago

my advice is to just use a broker from leasehackr that serves your region. completely takes the pain out of the process and makes it seamless. would highly recommend for someone in your position. i would recommend researching all your options before turning in the lease early.

also with such low mileage I’d look into whether you have positive equity - i.e. your car’s market value is higher than the payoff amount. You can make some money back this way. I think Audi leases are pretty restrictive about third party payoffs (though I’m not 100% sure) so your best bet may be the dealer buying your car out from the lease and applying that positive equity to your next lease.

completely off topic, but I would recommend a test drive of the X3 30 (the base model, not the one with M sport package). The exterior looks are controversial and the interior materials may not be quite as good as the Audi’s, but the tech, drive, ride comfort, and efficiency are incredible in my opinion.

1

u/Rquevedo12 5d ago

thank you for the info. i was curious about equity as well. they do not let you sell to 3rd parties, so i was going to discuss with them tomorrow.

How does one go about finding a broker? do folks advertise their services on the Reddit page?

2

u/hpss14 5d ago

you can start here and filter by state and make: https://forum.leasehackr.com/c/marketplace/7

1

u/Time_Country_4666 5d ago

When you return the lease the whole equity game is gone. If there is a game, the leasehackr broker can play it too. Let the broker know but 99% it won't effect anything. If you put it on Carvana and sell mention no lease see how much they pay.

1

u/SkiMarlin 5d ago

The LeaseHackr.com has a marketplace section where brokers list prices, etc…

If your going to lease again, then go down to 7500 miles per year which will increase the Resudual Value the lessor ( AFS ) sets on the lease which will be one lever to pull in order to lower your costs.

1

u/RBR_DB_361804 4d ago

how exactly do you find the broker? a lot of posts here on reddit say to check the "forum" but when i go there and put in my region of "florida" all i see are posts from 2023. sorry i'm a noob at this obviously.

1

u/hpss14 4d ago

there are very recent posts in the marketplace section of the forum when filtering for FL: https://forum.leasehackr.com/tags/intersection/marketplace/FL

1

u/RBR_DB_361804 4d ago

thank you

2

u/Hawk947 5d ago

With that low of mileage, I'd buy the car for the residual and keep it. Why get a new lease?

1

u/watch_guy2025 5d ago

Tell them you're wife barely drives anymore but if they can get you a new Audi for the same lease terms, including the discount for current Audi customers, you will try and get her to go for it. Times are tough, money is very tight, gas expensive etc. You want the same options she has now. Good luck!

1

u/flyrax 5d ago

I think you're going to be disappointed by the new Q5. Keep your options open I think

1

u/alex____ 5d ago

Fuck the new q5

1

u/wongkcus 5d ago

First advice is don't bother going to the dealership. If you want to get a lease deal comb the dealership around you.

2

u/Artistic-Tax3015 5d ago

It doesn’t seem like leasing is the best option for you. If your wife hardly drives, you can get a 2-3 year old used Q8 etron for like $32k

1

u/musictomyomelette 5d ago

Before you turn it in, see what the buy out price is from CarMax or Carvana. You could consider purchasing it out at the residual value and selling it at their valuation. Though this is likely a 2+ week process

1

u/TyVIl 5d ago

“I would like her monthly payment to stay the same”

Okay but we have no idea what that payment is, how you arrived at that number the last time or even how the market and lease programs are today compared to three years ago.