Buying vs Leasing
What Is the Difference Between Buying vs Leasing?
Buying an Audi usually involves making a down payment, as well as applying for financing and taking out an auto loan. You then pay off the loan until you own the Audi. In comparison, leasing is like taking an Audi for an extended rental or test drive. Below, you can see a few of the key differences between the two options:
Buying an Audi
- Results in Audi ownership
- Best option for drivers who want to have the same Audi for several years
- Option to add additional warranty coverage
- Drive the Audi as far and as often as you want
Leasing an Audi
- Does not result in Audi ownership
- Best option for drivers who want to switch to a new or different Audi every few years
- Warranty coverage is included
- Typically includes specific mileage restrictions
As you can see, both buying and leasing an Audi offer unique benefits. Either option may be the right fit for you, depending on your automotive goals.
When you buy an Audi, you get to drive it as much and as far as you want. On top of that, you can customize it to suit your needs by adding Audi Genuine Accessories.
Since financing an Audi leads also to ownership, you will not have any more monthly payments once you pay off the loan. This can make buying an Audi a wise fiscal decision. Along with that, you can sell or trade it in down the road. Then, you can apply its value towards the down payment on another model.
Leasing is an excellent option for drivers who like to change vehicles every few years because they typically last between about 24 and 36 months. This enables you to experience the latest, most innovative automotive features soon after they appear on the market.
Compared with financing the same model, leases generally require lower monthly payments, which can make it an economical option.
At our dealership, we offer a rotating selection of Audi lease deals to help you drive the model you want.
