Buy vs Lease | Warwick RI

Learn Which Financing Solution is Best for You

So you've decided that your next car is going to be an Audi. Congratulations! As you determine which sedan, coupe, or SUV looks best on you, you have one more decision to make. And it's an important one at that. Depending on your driving style and preferences, choosing the wrong financing approach can cost you money. Read on to learn the benefits of each, as well as some drawbacks.

Benefits of Buying Your Audi:

  • There are no mileage restrictions or excessive wear and tear charges
  • Because you own your Audi, you're able to customize it however you'd like
  • Once your loan is paid off, you're entitled to all the equity you've built up
  • It's your choice when to either sell or trade-in your Audi

Drawbacks of Buying Your Audi:

  • You typically have a bigger initial down payment
  • Your monthly payments are generally going to be higher
  • Once the manufacturer's warranties have expired, you're responsible for all maintenance and repair expenses

Benefits of Leasing Your Audi:

  • You put less money down initially
  • Your monthly payments are usually lower
  • any repairs are usually covered under the manufacturer's warranty
  • You may be able to drive a nicer, better-equipped vehicle than if you were to buy

Drawbacks of Leasing your Audi:

  • You have to keep mileage restrictions in mind, which may limit your freedom to take off on a road trip
  • You have to keep your Audi in original condition, or you may pay a penalty for wear and tear
  • When your lease is up, you have no equity to use towards your next vehicle

Turn to us for Advice

At Audi Warwick, our finance pros are here to help if you have any further questions. Just visit our Warwick showroom, proudly serving Providence, Cumberland, Cranston, East Greenwich and North Kingstown in Rhode Island. Our finance team will walk you through the available new specials and help you find the Audi of your dreams.

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Contact

Audi Warwick

1517D Bald Hill Road
Directions Warwick, RI 02886

  • Sales: (877) 361-1805
  • Service: (877) 361-1871
  • Parts: (877) 361-1865

Finance Hours

  • Monday 8:30 am - 7 pm
  • Tuesday 8:30 am - 7 pm
  • Wednesday 8:30 am - 7 pm
  • Thursday Closed Thanksgiving
  • Friday 8:30 am - 7 pm
  • Saturday 8:30 am - 6 pm
  • Sunday Closed
See all department hours

Dealership Hours

  • Monday 8:30 am - 7 pm
  • Tuesday 8:30 am - 7 pm
  • Wednesday 8:30 am - 7 pm
  • Thursday Closed Thanksgiving
  • Friday 8:30 am - 7 pm
  • Saturday 8:30 am - 6 pm
  • Sunday Closed

Parts Dept. Hours

  • Monday 7:30 am - 5:30 pm
  • Tuesday 7:30 am - 5:30 pm
  • Wednesday 7:30 am - 5:30 pm
  • Thursday 7:30 am - 5:30 pm
  • Friday 7:30 am - 5:30 pm
  • Saturday 8:00 am - 4:00 pm
  • Sunday Closed

Service Dept. Hours

  • Monday 7:30 am - 5:30 pm
  • Tuesday 7:30 am - 5:30 pm
  • Wednesday 7:30 am - 5:30 pm
  • Thursday 7:30 am - 5:30 pm
  • Friday 7:30 am - 5:30 pm
  • Saturday 8:00 am - 4:00 pm
  • Sunday Closed