I was considering leasing, mostly so that I wouldn't be locked into 2023 tech when everything's advancing so quickly, but the cost of keeping the car for only 3 years seemed excessive (I'm trying to "amortize" my big down payment over more years). Would you mind sharing what your total 3-year cost will be, including any down payment you may have made?
'22 e-tron GT leases - keeping or trading in?
I'm two-thirds of the way into my 3-year lease with just over a year left (August '21 delivery). Are others who may be leasing thinking about keeping or turning it in at lease-end? I'll only be at 25k or so mileage when my lease is up.
I really love the car aside from the half-dozen or so electrical quirks and recalls, but am undecided if I want to keep it long-term. In the usual Audi ways, I don't see any new or exciting changes coming to the GT in the next year or so, so maybe it's time to try something else.
I also just had to replace the tires at just under 15k miles, which was expected.
Any thoughts?
I really love the car aside from the half-dozen or so electrical quirks and recalls, but am undecided if I want to keep it long-term. In the usual Audi ways, I don't see any new or exciting changes coming to the GT in the next year or so, so maybe it's time to try something else.
I also just had to replace the tires at just under 15k miles, which was expected.
Any thoughts?
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I think I'm right at $72k all-inWould you mind sharing what your total 3-year cost will be, including any down payment you may have made?
Edited because apparently I can't do math.
Thanks. That's what I feared. I can't spend that kind of money every 3 years.I think I'm right at $72k all-in
Edited because apparently I can't do math.
It doesn't matter if you buy, borrow, or lease -- those first three years will end up at around $2k/month.
If you plan to keep the car for another 5 years, and pay it off with a 5 year used car loan, you might pay about $1400/month or so, after which point you own the car outright, and maybe it's still worth something at the end.
The way I see it: The other cost is insurance and maintenance, and we don't know how well these will last past the warranty period -- if we believe it's solid, it's cheaper to keep the car rather than get something new. If we want something new, it's either back to $2k/month, or buy something along the lines of a BMW i4 M50... (Or a Chevy Bolt, which saves a lot of money! :-D)
If you plan to keep the car for another 5 years, and pay it off with a 5 year used car loan, you might pay about $1400/month or so, after which point you own the car outright, and maybe it's still worth something at the end.
The way I see it: The other cost is insurance and maintenance, and we don't know how well these will last past the warranty period -- if we believe it's solid, it's cheaper to keep the car rather than get something new. If we want something new, it's either back to $2k/month, or buy something along the lines of a BMW i4 M50... (Or a Chevy Bolt, which saves a lot of money! :-D)
That's the decision I have to make. We got rid of my wife's BMW X5 as soon as the warranty was over, assuming non-warranty repairs would be stupid expensive. I have a similar feeling about the e-tron GT.The way I see it: The other cost is insurance and maintenance, and we don't know how well these will last past the warranty period -- if we believe it's solid, it's cheaper to keep the car rather than get something new. If we want something new, it's either back to $2k/month, or buy something along the lines of a BMW i4 M50... (Or a Chevy Bolt, which saves a lot of money! :-D)
I’m at about the same point in my S5 lease as you and looking to get a GT. I would much prefer an RS6 etron though and will ask for a lease extension to see if I could make that happen if allocations line up. If you wanted to try something different, maybe that would be the way to go as well?
I have considered that, but the only other Audi that I like is the RS6 Avant and I'd like to stick with an EV.
The A6 Avant etron from videos does look a little weird, but I was hoping that was just some of the pre-production futurist design that would be removed.I have considered that, but the only other Audi that I like is the RS6 Avant and I'd like to stick with an EV.
Don't hold your breath for an A6 Avant etron. Audi is over a year late in finally getting out something they call the Q8 etron and it isn't even quite what was rumored (instead of being on the PPE EV platform it is still on the old hybrid MLB-evo platform). Audi is having major software problems that is delaying the introduction of cars on the EV platforms. The Q6 etron is 2 years late, based on the early announcements. The Q4 etron has been hampered by big burps in the software.The A6 Avant etron from videos does look a little weird, but I was hoping that was just some of the pre-production futurist design that would be removed.
This is my predicament. The only decent EV from Audi is the e-tron GT, and I've driven a few of them. I'm just really concerned about maintenance post-warranty, so I'm learning towards turning it in at lease-end.
What would you trade it in for? Naturally, I was very interested in the Taycan, but they have huge waitlists and are essentially in a stop sale due to various parts issues. I would likely also break the bank; unable to contain myself with the options.
Polestar 5?
Polestar 5?
Either an RS6 Performance or a Polestar 4. Unless Audi makes an EV version of the R8. I mean, Toyota is bringing back the Lexus LFA as an EV, so why not?What would you trade it in for? Naturally, I was very interested in the Taycan, but they have huge waitlists and are essentially in a stop sale due to various parts issues. I would likely also break the bank; unable to contain myself with the options.
Polestar 5?
Post warranty maintenance or out-of-pocket repairs?This is my predicament. The only decent EV from Audi is the e-tron GT, and I've driven a few of them. I'm just really concerned about maintenance post-warranty, so I'm learning towards turning it in at lease-end.
The former should be a non-issue. Risk of the latter can by mitigated by an Audi "Pure Protection" plan.
We are going to keep the GT for ~6 to 6.5 years, in order to amortize the insane upfront costs. An 84 month/105k extended warranty coupled with the 96 month/100k battery coverage, should cap costs for that period and if dumped before those warranties end, should bump the value up a bit at disposition.
We did the same thing on my wife's Panamera PHEV, which was a total electrical/battery nightmare throughout the 8 years we owned it, but with a new battery, it pulled in a very good number on trade. Also went the same route with my AMG E63S that I kept for about 6 years.
Neither of us care about the newest tech or having a brand new model every 3 years, especially when factoring the acquisition costs and property taxes.
This is me. I have the extended warranty and plan to keep the car for the duration with nary a care about costs for repair. I purchased mine outright and negotiated the extended care for $2,500. It'll pay for itself on the first repair after the initial 4 year warranty expires. And, it's transferrable if I change my mind and sell my car.Risk of the latter can by mitigated by an Audi "Pure Protection" plan.
We are going to keep the GT for ~6 to 6.5 years, in order to amortize the insane upfront costs. An 84 month/105k extended warranty coupled with the 96 month/100k battery coverage, should cap costs for that period and if dumped before those warranties end, should bump the value up a bit at disposition.
Neither of us care about the newest tech or having a brand new model every 3 years, especially when factoring the acquisition costs and property taxes.
Thanks for the replies @ace10 and @das2.7t
I guess I wasn't thinking about an extended Audi plan. That might make me think twice about not keeping it longer, depending on how much it is when I start discussing with Audi. I did not negotiate any extended warranty on the front end, as I normally do not keep vehicles more than 3-4 years. There is so much new battery tech (specifically range as I'm only getting ~250 mi or so) coming out that I assumed I would want to trade up every 3 years.
I guess I wasn't thinking about an extended Audi plan. That might make me think twice about not keeping it longer, depending on how much it is when I start discussing with Audi. I did not negotiate any extended warranty on the front end, as I normally do not keep vehicles more than 3-4 years. There is so much new battery tech (specifically range as I'm only getting ~250 mi or so) coming out that I assumed I would want to trade up every 3 years.
Wow, this all sounds complicated!
I have always taken the view that if a buy a car then keep it 10 years (Why 10? Because I know how to divide by 10) and anticipate that it's value will to drop to zero, anything from the sale is a nice bonus.
Audi E-tron 55 cost me about £80k so that's a nice simple £8k a year.
Job done
I have always taken the view that if a buy a car then keep it 10 years (Why 10? Because I know how to divide by 10) and anticipate that it's value will to drop to zero, anything from the sale is a nice bonus.
Audi E-tron 55 cost me about £80k so that's a nice simple £8k a year.
Job done
Do manufacturers cover battery replacement out to ten years in the UK?Wow, this all sounds complicated!
I have always taken the view that if a buy a car then keep it 10 years (Why 10? Because I know how to divide by 10) and anticipate that it's value will to drop to zero, anything from the sale is a nice bonus.
Audi E-tron 55 cost me about £80k so that's a nice simple £8k a year.
Job done
In the US, they are required to offer at least 8 years/100k miles replacement coverage. Tesla, Merc, Hyundai, Kia, and Rivian offer beyond that.
A failed battery in the 97th month could result in writing off the vehicle.
Returning mine at the end of my lease. I love my car, no issues in the 18 months I’ve had it but technology is advancing too quickly to stay with a car designed in 2020.I'm two-thirds of the way into my 3-year lease with just over a year left (August '21 delivery). Are others who may be leasing thinking about keeping or turning it in at lease-end? I'll only be at 25k or so mileage when my lease is up.
I really love the car aside from the half-dozen or so electrical quirks and recalls, but am undecided if I want to keep it long-term. In the usual Audi ways, I don't see any new or exciting changes coming to the GT in the next year or so, so maybe it's time to try something else.
I also just had to replace the tires at just under 15k miles, which was expected.
Any thoughts?
There speaks a true pessimist.A failed battery in the 97th month could result in writing off the vehicle.
Anything can go wrong with any product. Although expensive, batteries appear to be one of the most reliable parts of modern cars. There are still plenty of 10 - 13 year old Tesla's driving around and I doubt that many have been fitted with new batteries.
And remember, 13 years ago when they were built, the technology was in many ways in it's infancy.
Regarding guarantees, they are pretty much the same world-wide.
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