Automotive

Leasing demos/CPO's

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Jan 27, 2009
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Leasing demos/CPO's

I recently leased a demo through Audi, and got a great deal. Anybody aware of any other manufacturers that lease their demos or CPO's? Volkswagen perhaps?
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Jul 30, 2007
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pretty well all brands Smiling Face With Open Mouth

some will waive their freight/pdi, while some will try to make it as mandatory and make you pay, regardless. Sure hope you did not pay this freight/pdi fees of ver $2100 to begin with.
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Oct 6, 2010
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I don't get the lease used car option. Can someone explain the actual benefit if there is one?
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koffey wrote: I don't get the lease used car option. Can someone explain the actual benefit if there is one?
Cheaper?
A demo may only have a few miles on it but still pretty new. A lease can be as little as 12 months old.
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Sep 1, 2004
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koffey wrote: I don't get the lease used car option. Can someone explain the actual benefit if there is one?
I would assume you get a lease of 3 years for a price of 4 years lease.
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Pete_Coach wrote: Cheaper?
A demo may only have a few miles on it but still pretty new. A lease can be as little as 12 months old.
Xtrema wrote: I would assume you get a lease of 3 years for a price of 4 years lease.
I get cheaper. But relative terms of a cpo can be 2-3 even 4 years old. And I know that some dealers will lease a cpo car. I'm just not sure if I see what the actual benefit would be. I don't know if I see any pluses with dumping money into a used car that you probably have a lot less chance of keeping and something that is already aged. Exotic car or something I get. Random run of the mill 3/5 series/a4/6/cla ect... ?
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koffey wrote: I get cheaper. But relative terms of a cpo can be 2-3 even 4 years old. And I know that some dealers will lease a cpo car. I'm just not sure if I see what the actual benefit would be. I don't know if I see any pluses with dumping money into a used car that you probably have a lot less chance of keeping and something that is already aged. Exotic car or something I get. Random mill of the run 3/5 series/a4/6/cla ect... ?
Well, I am pretty sure we are not talking about a Corolla or Hyundai Accent:)
The reason BMW, Mercedes and other "higher end" dealers do used or second leases is because wannabes can't pay the rate for new one so they offer lower monthly on a used lease option. Even a 2 - 4 year old 3 series or C Class can be a lot cheaper second time around.
Leasing a lease return is usually getting a car in pretty good condition. The previous lease holder had to take care of it or was paying for any repairs upon lease return. Dealers win, big time.
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So in reality it's all about balling on a budget.
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koffey wrote: So in reality it's all about balling on a budget.
Ha! You got that on absolutely right LOL
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Well if you're not going to be keeping the car after lease ends, what's the issue? Why not take the upfront discount on a leased demo.
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Mar 22, 2004
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koffey wrote: I don't get the lease used car option. Can someone explain the actual benefit if there is one?
What's not to get? Leasing is just a financing method. The lower cost of a used car is then used in the lease formula (along with an adjusted residual), so the overall payments are lower. The other advantage of leasing is that you only pay the tax on the amount that you use, vs purchasing or financing, where you pay the entire amount up front. New or used, it doesn't make any difference for a lease.

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