Learn More About Your Audi Leasing Options

When it comes time to purchase your new Audi car or SUV, you'll have plenty of auto financing options from which you can choose. One of our most popular is leasing. Unlike a normal loan, leasing terms can be more complicated and require a more in-depth look. If you have leasing questions, hopefully we, here at The Collection Audi, can help you find the answers.

Why Should You Lease Your New Audi Car Or SUV?

Leasing is a great option for drivers around Miami, Coral Gables, and beyond that love to have the latest and greatest vehicles in their driveway. Whether you're interested in driving the most popular Audi Q7 SUV, you are looking for the premium features the newest Audi A4 has to offer, or you'd rather cruise around South Miami in a brand-new version of the Audi A6, a lease will allow you to keep up with the new trends, models, and luxury features within. Leasing also comes with many benefits and is a less expensive monthly option for those that are looking for a brand-new vehicle.

Frequently Asked Questions About Leasing

• How Does Leasing A Car Work?

  Once you've chosen a new car you'd like to lease, like one of our many new Audi vehicles, you'll want to discuss with the finance associate what leasing options are available. You'll then decide on the Cap Cost, the Residual Value, and the Money Factor, as well as the length of the lease. Provide your down payment, if one is required, go over the leasing terms and requirements, and sign the necessary paperwork.

• When Leasing A Car, Who Is Responsible For Repairs?

  Repair coverage is based largely on what type of lease you settle on. Because you're driving away with a new car, you'll have the benefit of whatever warranties and new-car bonuses come attached, but, in some cases, can sign on for a lease that includes coverage on other repair and maintenance issues.

• When Is Leasing A Car Better Than Buying?

  Leasing a new Audi car or SUV is better for drivers that not only want the latest vehicles, but that also have less money for a down payment and are looking for a lower monthly payment. Leases tend to be less expensive up front than a loan and include many perks that a loan doesn't.

• What Happens At The End Of Lease?

  When your lease is up, typically every two to three years, you'll have different options available. Depending on the type of lease you have, you could be able to either buy the vehicle outright, lease a new model, or extend the lease on your current vehicle. Whatever option you choose, you'll have to go through the final process and see if you've followed the lease appropriately.

Visit The Collection Audi To Learn More

If you'd like to see what new Audi cars and SUVs we currently have to lease in Miami, we suggest stopping by our The Collection Audi dealership. We have a long-list of the latest Audi vehicles, in every trim level and color option, and even offer many leasing specials to save our Florida drivers more of their hard-earned money. To learn more about leasing or to ask us whatever questions you may have, feel free to contact us or stop by our Coral Gables dealership today!

Mileage: We offer a variety of mileage options for you to choose from that will meet your driving needs. Whatever you choose as your base mileage option, you'll retain the opportunity to purchase additional miles later on. If you're looking to purchase additional miles, refer to the chart below.

 

Base annual mileage options and costs of additional miles

Base Annual mileage options	Purchase additional miles (optional)
	Lease Inception	Lease Mid-Point	Lease End
15,000	$0.15 per mile	$0.20 per mile	$0.25 per mile
12,000		$0.20 per mile	$0.25 per mile
10,000		$0.20 per mile	$0.25 per mile

Note:

• Cost per additional mile varies by model, and higher mileage options may increase your monthly payment.

• Any additional miles purchased will not be refunded

 

Wear and use: A normal amount of wear and use is covered under your lease. But, dents, gouges, or chipped glass can happen to even the most conscientious driver. Additional charges will apply for excessive wear and use at the end of your lease term.  Refer to our optional Vehicle Protection plans for service contracts that may help avoid potential charges for excess wear.

 

Lease-end process: At the end of the lease, you have the flexibility to return your leased vehicle to your dealer, purchase it for a predetermined price, or buy or lease a new Audi vehicle.

 

At lease turn in, you are responsible for:

• Excess wear and use
• Any remaining payments
• Any charges specified in your lease agreement that have not been paid
• Excess mileage charges
• Any state fees
• Disposition fee (if you do not lease or purchase a new or Certified pre-owned Audi through AFS within 90 days)

Visit your My Account portal toward the end of your term for all your lease-end options.