Audi Lease North Miami FL

 

One of the most important decisions you will make, before you drive your Audi vehicle off of the lot, is whether you will finance or lease the vehicle. While financing can be considered the default by many buyers, many others find leasing the more attractive option.

Should I Lease Or Should I Finance?

This decision comes down to personal taste, but the reason many people enjoy leasing their vehicle comes down who exactly owns the vehicle.

When you finance a vehicle, you get an auto loan. While you own the vehicle, you will make payments on this loan. Assuming you don't sell the vehicle beforehand, once you finish paying off the loan you will fully own the vehicle.

When you lease the vehicle you do not own it, nor do you have to get an auto loan. Instead, you pay a monthly fee for the privilege of driving the car. Many people prefer leasing because they don't have a loan hanging over their heads, and sometimes the monthly payments can be more affordable.

You can estimate your payment with our hassle-free online tool.

Mileage Options, Wear and Tear, and Lease-End Process

Mileage: At Audi North Miami, we know that not all drivers travel the same distance. That's why we have various mileage options. No matter what you choose, though, you can purchase additional miles later on. These prices can be seen in the chart.

Wear and Tear: We know that driving your vehicle causes some wear and tear, and an average amount of this kind of damage is covered by your lease. However, larger and more excessive damage will result in further charges when your lease ends. You can also purchase optional vehicle protection plans to help avoid charges for excessive wear.

The End of Your Lease: When your lease ends, you have a few options going forward. You can return your leased vehicle to the dealer, purchase that vehicle for a predetermined price, or buy or lease a new Audi vehicle. This allows you the greatest amount of freedom to decide what you prefer to do at the end of your lease.

Whenever you turn in a lease, though, you will be responsible for things like excessive wear and tear, remaining payments, excess mileage charges, state fees, a disposition fee (if you do not lease or buy a new or pre-owned Audi vehicle through AFS within ninety days), or other charges you can discuss with your dealer.

Interested In Leasing?

If you are interested in leasing a vehicle, you can stop by Audi North Miami in North Miami Beach, FL, and our expert and friendly team can sit down with you, answer any questions, and show you our current inventory.

Mileage: We offer a variety of mileage options for you to choose from that will meet your driving needs. Whatever you choose as your base mileage option, you'll retain the opportunity to purchase additional miles later on. If you're looking to purchase additional miles, refer to the chart below.

 

Base annual mileage options and costs of additional miles

Base Annual mileage options

Purchase additional miles (optional)

 

Lease Inception

Lease Mid-Point

Lease End

15,000

$0.15 per mile

$0.20 per mile

$0.25 per mile

12,000

 

$0.20 per mile

$0.25 per mile

10,000

$0.20 per mile

$0.25 per mile


Note:

  • Cost per additional mile varies by model, and higher mileage options may increase your monthly payment.
  • Any additional miles purchased will not be refunded

 

Wear and use: A normal amount of wear and use is covered under your lease. But, dents, gouges, or chipped glass can happen to even the most conscientious driver. Additional charges will apply for excessive wear and use at the end of your lease term.  Refer to our optional Vehicle Protection plans for service contracts that may help avoid potential charges for excess wear.

 

Lease-end process: At the end of the lease, you have the flexibility to return your leased vehicle to your dealer, purchase it for a predetermined price, or buy or lease a new Audi vehicle.

 

At lease turn in, you are responsible for:

  • Excess wear and use
  • Any remaining payments
  • Any charges specified in your lease agreement that have not been paid
  • Excess mileage charges
  • Any state fees
  • Disposition fee (if you do not lease or purchase a new or Certified pre-owned Audi through AFS within 90 days)


Visit your My Account portal toward the end of your term for all your lease-end options. If you're interested in our current Audi lease specials in Miami, browse our offers online. For any additional questions or to schedule a test drive, contact Audi North Miami today!

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