A5 black edition new lease and using old A5 off old lease
A5 black edition new lease and using old A5 off old lease
Author
Discussion

robofire

Original Poster:

8 posts

75 months

Wednesday 17th June 2020
quotequote all
All.
Looking at couple of cars nationwide at Audi dealerships. Got a couple of ideas. But I’m honestly scared of getting done over as such.
Obviously want a decent deal and thinking
A:how much To barter off them.
And B got final settlement figure from Audi and want to use that off poss on the new one.
Any tips greatly received.

Nickp82

3,943 posts

122 months

Wednesday 17th June 2020
quotequote all
What do you mean on B? You have a settlement figure and want to be left with money to use as deposit on the next one? I guess it is not a lease you have but a PCP agreement with the option to return or upgrade etc?

robofire

Original Poster:

8 posts

75 months

Thursday 18th June 2020
quotequote all
Yes that is corrrect. Sorry for the lack of info on that. This bit is all a bit new to me.

Jamescrs

6,335 posts

94 months

Thursday 18th June 2020
quotequote all
If you are on PCP you will have an optional final payment figure for your current car assuming it is coming to the end of the PCP deal, that's your base figure to work from. When you find a new car you like tell the dealer you want to look at trading in your current car and see what they offer you in part exchange.

If the part exchange figure is higher than your final payment you trade in, pay off the old agreement through the dealer and anything over that is your deposit for the new car.

If the part exchange value is lower than the final payment you hand the old car pack to the finance company and you start from scratch with a new deal and find your own deposit from savings or whatever.