GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models

too soon to switch?

Thread Tools
 
Search this Thread
 
Old 02-03-17, 09:50 AM
  #1  
fungke
Driver School Candidate
Thread Starter
 
fungke's Avatar
 
Join Date: Mar 2016
Location: Ontario
Posts: 12
Likes: 0
Received 0 Likes on 0 Posts
Default too soon to switch?

Hey everyone, new to CL but the community has been a pretty good source of info.
A little background....I had a Camry for 14 years before I decided to change cars. The Camry was still good, just thought it was time.
In any case, as much as I wanted to get into a new GS, it did not make sense financially. As much as I love german vehicles, the stigma of
lack of reliability is always with me. So, rather than buy, I decided to lease a 2017 Audi A4 back in May. It's a gorgeous car and checked all the right
boxes for me at the time.

Looking at it now, I still love the car, but can't shake the feeling that when the lease is up, I am going to start this process all over again, where as if I
got a reliable Japanese car to start, I would probably buy it back and keep it for a long time like I did my Camry.

So, my question is....having only leased my 2017 A4 for less than a year, would it be wise to trade it in for a CPO GS? I was told that it would be best
to lease the car for about 2 years before making a more like this, something to do with the fact that I did not pay enough into the vehicle which I did not
really understand. So I wanted to seek the advice of this community. Do I start approaching Lexus dealers now to see if they would be wiling to trade?

Lastly, when it comes to used vehicles. Is there a time in which I should wait for it to be a good model year to buy? ie If I try to pick up a 2016 used now, does the model year
need to be 3-4 years old in order to take less of depreciation?

Any help would be much appreicated
Old 02-03-17, 10:18 AM
  #2  
sick21
Lexus Test Driver
 
sick21's Avatar
 
Join Date: Nov 2013
Location: NM
Posts: 1,081
Received 8 Likes on 8 Posts
Default

So you want to jump out of your lease now for something else because you know you're going to have to shop for another vehicle if you waited out the lease? Lol dude... Just enjoy your A4 and worry about car shopping when you're in the second half of your lease. That's the point in leasing, always getting a new car every few years. And you're afraid of having to do it again? Just makes no sense. Then again, I think people that buy out their lease are buffoons.

Last edited by sick21; 02-03-17 at 10:21 AM.
Old 02-03-17, 10:32 AM
  #3  
islandbeef
Racer
 
islandbeef's Avatar
 
Join Date: Feb 2014
Location: SoCal 858
Posts: 1,679
Received 63 Likes on 39 Posts
Default

Enjoy it until it's over, not before. For me, I've leased many cars but decided to purchase my GS. Like your Camry, I may keep it for awhile because it's been less of a headache to own than my Euro leases.
Old 02-03-17, 10:52 AM
  #4  
AJLex19
Lead Lap
 
AJLex19's Avatar
 
Join Date: Mar 2014
Location: NY
Posts: 3,658
Received 1,168 Likes on 863 Posts
Default

I think you should consider riding-out the lease on your Audi since its a brand new car. By the time your lease is up with the Audi,the new 5GS should be making its way into the dealerships. The release of the next gen GS will drop prices of the 4GS significantly and you will be able to score a great deal.
Old 02-03-17, 11:30 AM
  #5  
fungke
Driver School Candidate
Thread Starter
 
fungke's Avatar
 
Join Date: Mar 2016
Location: Ontario
Posts: 12
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by sick21
So you want to jump out of your lease now for something else because you know you're going to have to shop for another vehicle if you waited out the lease? Lol dude... Just enjoy your A4 and worry about car shopping when you're in the second half of your lease. That's the point in leasing, always getting a new car every few years. And you're afraid of having to do it again? Just makes no sense. Then again, I think people that buy out their lease are buffoons.

Lol...if you put it that way it does sound weird...but what I meant to say is that rather than put the money I saved towards the remainder of the lease onto a car that I don't intend to keep, why not just cut my losses and use that same money to buy a used car outright. That way, I won't have any payments and have a paid for vehicle that is reliable.
Old 02-03-17, 12:11 PM
  #6  
phins2rt
Pole Position
 
phins2rt's Avatar
 
Join Date: May 2003
Location: Iowa
Posts: 235
Received 20 Likes on 20 Posts
Default

Originally Posted by fungke
Lol...if you put it that way it does sound weird...but what I meant to say is that rather than put the money I saved towards the remainder of the lease onto a car that I don't intend to keep, why not just cut my losses and use that same money to buy a used car outright. That way, I won't have any payments and have a paid for vehicle that is reliable.
Sounds like this may have been a good strategy to use when you were shopping for the Audi? Good luck with your decision.
Old 02-03-17, 04:56 PM
  #7  
DP03
Driver
 
DP03's Avatar
 
Join Date: Aug 2016
Location: MD
Posts: 167
Received 11 Likes on 9 Posts
Default

Your new GS payments will probably end up pretty steep. Negative equity from the Audi. You will owe your remaining lease payments plus the residual value, and then compare to the appraised value of the Audi. Doesn't usually come out well.....
Old 02-03-17, 05:04 PM
  #8  
JDR76
Lexus Champion
 
JDR76's Avatar
 
Join Date: Nov 2013
Location: WA
Posts: 12,510
Received 1,625 Likes on 1,035 Posts
Default

Pretty sure the cost of getting out of the Audi lease will make this an expensive endeavor, rather than a cost saver.
Old 02-03-17, 08:30 PM
  #9  
Dkp1111
Driver
 
Dkp1111's Avatar
 
Join Date: Oct 2016
Location: California
Posts: 109
Likes: 0
Received 5 Likes on 4 Posts
Default

Pretty sure your audi is upside down by at least $7-8000. Really wise choice 🤣.
Old 02-04-17, 07:50 PM
  #10  
dseag2
Lead Lap
 
dseag2's Avatar
 
Join Date: Oct 2002
Location: TX
Posts: 4,664
Received 18 Likes on 14 Posts
Default

From a different perspective, the '17 A4 is a great all-around car that ticks all the boxes. I had a '13 GS F Sport (which I loved) and the A4 is every bit as good if not better. Why you would want to end your lease is beyond me.
Old 02-04-17, 08:56 PM
  #11  
SW17LS
Lexus Fanatic
 
SW17LS's Avatar
 
Join Date: May 2012
Location: Maryland
Posts: 57,617
Received 2,753 Likes on 1,968 Posts
Default

Agreed, makes no sense to do this. Enjoy the Audi, and decide what to do at the end of the lease.
Old 02-05-17, 06:42 AM
  #12  
Mewannalex
Pit Crew
 
Mewannalex's Avatar
 
Join Date: Jan 2017
Location: MD
Posts: 166
Received 22 Likes on 16 Posts
Default

Yes, you will end up in an upside down situation pretty bad, I wouldn't do it.
Old 02-05-17, 07:09 PM
  #13  
Bartman619
Driver
 
Bartman619's Avatar
 
Join Date: Apr 2015
Location: SDCA
Posts: 194
Received 11 Likes on 8 Posts
Default

Have you tried Leasetrader ? You should check it out. http://www.leasetrader.com
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
E46CT
IS - 3rd Gen (2014-present)
21
05-18-18 09:41 AM
Aeromotive
IS - 3rd Gen (2014-present)
10
04-03-16 12:24 PM
joebruin
ES - 6th Gen (2013-2018)
5
05-06-14 01:21 PM
Whitigir
Car Chat
31
04-27-14 05:11 PM
mjr24
Car Chat
37
10-08-07 05:31 AM



Quick Reply: too soon to switch?



All times are GMT -7. The time now is 06:35 PM.