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Discussion Starter · #1 ·
Hi,

Deciding whether to lease or buy. My dealer tells me they are deducting from the sales price the tax credit in a lease? Can they do that and if they can is it better to lease or buy?

Thanks,

Karen
 

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Yes they will deduct the tax credit up front for a lease. For buy, you do it at the end of the year when you file taxes provided you qualify for it.

I also prefer to buy because I keep my cars for 5+ years. The e-tron is advanced enough for me and has sufficient range for 99% of my trips that I don't see the need to go for a longer range EV. Buy v/s Lease is something you will have to decide based on your car owning and driving habits.
 

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2019 Audi eTron Prestige, 2019 Audi eTron Premium Plus, 2019 Audi Q5 Premium Plus, 87 Saleen Mustang
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You will have to consider the pros vs cons of each.


IMO, since technology in this space is improving every year and batteries (including EV) are consumable products so I choose to lease since I don't put a lot of miles on my vehicles (< 10k).

Look at the differences between 2019 and 2021. Look similar outwardly, but 18 more miles range, MIB 3 with Verizon as the carrier. Black optics. Improved SW bugs. Tech improves every year. Always under warranty and won't get stuck with big bill to replace some of the sensors/EV batteries. And in 5 years- even if you replaced those things- you would have old technology. How many us would want to have a certified remanufactured replacement iPhone 7 in 2021? It may be "new", and the camera, processor, screen, battery, etc are functional, but can't compete with the latest model. And I certainly don't want to pay sales tax on 100% of the vehicle when I can only pay for the portion I use.

[I had a B5 A4 that I was my last purchased vehicle. Even with my own trusted indy mechanic and get discounted OEM/performance parts- that car cost an arm and a leg out of warranty to maintain/fix things that continually broke/wore out. After throwing 2 rods thru the block and getting new engine, the transmission failure was the last straw where I decided to never buy again. With a lease, it's perpetual payments, but they costs are known and relatively fixed and I will always have the latest tech and a vehcile under factory warranty so that I can get "1st generation, brand new models like eTron without fear of all the engineering kinks not yet worked out.]

If you drive > 15k annual, purchasing will make more financial sense.

But the decision is a personal one since everyone's individual situation is different.
 

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I leased. As expected, the Dealer gave me the $7500 discount up front. If I had bought, they would have given me the paperwork to file for a credit against my taxes. An upside to the Leasing was that I did not end up having to finance the the $7500 since it came off the cost up front.
 
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