Wondering if anyone has any experience with these, and what the financing gurus here in this forum think about these plans.
From what I understand the terms offered are similar to a lease, except your payments build equity (albeit not very much). When the finance period is up, you have a balloon amount that you have to deal with in one of several ways. You can either:
payoff the balloon amount and keep the car
refinance the balloon amount
turn the car in
sell the car, payoff the balloon amount (and "keep the profits" Audi says!)
Like a lease, there are mileage restrictions and the car needs to be free from excess wear & tear, if you decide to turn it in.
When you use the finance calculator on Audi's website, you get some great monthly numbers, but for some reason they have decided not to show the final balloon amount. Also, no info on interest rates, or anything really that help you evaluate if this was a good finance plan or not. (I wonder why )