Finance Lease About your agreement

Drive the car you want, without the task of selling it at the end of your agreement.

How Finance Leases work

A Finance Lease lets you drive the latest Audi, without the commitment to own the car at the end of the agreement. Instead, you receive a percentage of the payment following the sale of the vehicle.

You choose your car, pay a deposit and select a repayment plan that’s affordable for your circumstances. You can choose to either pay the entire cost over an agreed lease period, or, you opt to pay lower monthly rental payments with a final rental payment at the end of the agreement.

Audi Finance offer two different finance lease rental plans:

  • Full Payout Lease – where the entire cost is paid over an agreed term with monthly rental payments (plus VAT).

  • Balloon Lease – which allows cheaper monthly rental payments (plus VAT) but requires a lump sum to be paid as the final rental payment.

 

Please note, the options at the end of these agreements are slightly different.

 

At the end of your agreement you simply hand the car back. Finance Lease customers do not have the option to own the vehicle at the end of the contract period, however they do receive a portion of the resale value of the car.

 

At the end of the agreement

 

If you have undertaken a full payout lease, once you have made your final payment you will return the vehicle. If you have taken out a balloon lease you will need to pay your final balloon payment before returning the car.

 

Following the sale of the vehicle you will receive a portion of the total (depending on your agreement type).

 

More information about Finance Lease agreements: