If you are leasing an Audi and you are approaching the end of your lease term, you may be unsure what the next steps are. You have some choices to make before the lease ends, as far as whether you are ready to buy or lease another vehicle or keep the vehicle you have been leasing. Here are some tips from Clearwater Audi for what to do when your Audi lease is up:
Return Lease and Get a New Audi
If you like leasing vehicles and decide you will lease another Audi when your current lease expires, explore your options and pick out your next car. You can visit our Clearwater Audi dealership to test drive cars that interest you and decide which car will be your next lease. Once you’ve chosen the car, follow these steps for returning your existing lease:
- Look at the Audi Wear & Use Guide to review the condition of your leased vehicle. Knowing whether your car has experienced normal wear and tear or has what is considered excess damages will help you know what to expect when you trade-in your lease.
- Call and schedule an appointment with Clearwater Audi to have leased vehicle inspected.
- If your leased vehicle has excess wear, you are billed on a Turn-In Settlement Invoice (or you can choose to have items repaired before you turn the vehicle in). If you have anything repaired before returning your lease, bring the receipts for repairs to the dealership to ensure the repairs are credited to your account correctly.
- Once your leased vehicle is returned and any invoices are settled, you can then get your new Audi lease!
Buy Your Leased Audi
If you decide you don’t want to let go of the vehicle you leased, you can choose to buy it. Simply contact your Clearwater Audi dealer and let us know you plan to buy the leased vehicle so we can provide you with a payoff quote.
If you do not have cash on hand available to make the payoff, you might request our dealership financing programs, or you can seek financing from your own bank, credit union or chosen third party lender. When buying your leased Audi, you can choose Audi Vehicle Protection options as well.
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