Our Premier Purchase* option combines the rewards of ownership with many of the benefits of leasing. As with purchasing, the title of the car is in your name and every payment you make builds ownership. But like leasing, your monthly payments may be lower.
At the end of your contract, there is a final payment called a "balloon payment," which is predetermined at the beginning of your contract. Audi Financial Services offers you the following three options at the end of your contract:
- Pay off your contract balance, which includes the final balloon payment on the vehicle, and you take ownership of your Audi.
- Finance your final balloon amount.
- Return the vehicle. Just notify us 30 days prior to your contract end date and make arrangements to turn in your vehicle.
The Mileage Factor
Premier Purchase monthly payments are calculated using 15,000 miles per year for new Audi vehicles and 12,000 for Audi Certified pre-owned vehicles. If you drive more than that, you'll pay a standard mileage fee for any excess miles at the end of the term—that is, if you plan to return the vehicle at the end of the contract instead of paying the final balloon payment. You can always buy upfront miles at a discount. If you'll drive less than the mileage allowance, consider a lease with an allowance of 10,000 miles per year. This may even lower your monthly payment. Either way, you're in control. For advice tailored specifically for you, please see your local Audi dealer.
Next Step
Find an authorized Audi dealership near you to determine your actual purchasing terms and begin your application process. If you qualify, we'll design a purchasing arrangement that meets your needs.
Notable NumbersWhen and why Premier Purchase may be the ideal fit for you:
- If the years you intend to own this Audi exceed: 4
- If the miles per year you intend to drive your new Audi are equal to: 15,000
- If the miles per year you intend to drive your Audi Certified pre-owned vehicle are equal to: 12,000
- Typical loan term: 12-48 months
Experience
Experience
