Finance Lease What to do at the end of your agreement

Your options depend on which type of Finance Lease you have:

Full Payout Lease

 

When you reach the end of your agreement, after all rental payments have been made, you have the following options:

  • Option 1: Provide details of an independent third party to Audi Finance who would like to purchase the car. We will then sell them the vehicle for the current fair market value and you will receive 90% of the vehicle sale proceeds (minus VAT). The independent third party is usually your Audi Centre. Find your Audi Centre.

  • Option 2: Enter into an annual secondary hiring period and retain the use of the vehicle. The secondary hiring rental payment is 1% (plus VAT) of original (VAT exclusive) invoice price, payable annually in advance.

Balloon Lease

 

At the end of your agreement, once all rental payments have been made, including the final rental payment you can:

  • Option1: Provide details of an independent third party to Audi Finance. We will then sell them the vehicle for the current fair market value (as per Full Payout) and you will receive a percentage of the vehicle sale proceeds (minus VAT). The independent third party is usually your Audi Centre. Find your Audi Centre.

  • Option 2: Enter into a secondary hiring period and retain use of the vehicle. The secondary hiring rental payment is 1% (plus VAT) of original (VAT exclusive) invoice price, payable annually in advance.

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