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Discussion Starter #1 (Edited)
Do you own or lease your car? I've never considered leasing a car because I would be making a monthly payment forever. It would make sense to own when I did not put in a lot of mileage, but now I put in an average 18K miles per year. I was talking to a friend who switched from owning to leasing his car and his wife's car for many years now. After talking to this person, I am considering it myself, but I'm not sure yet.

I have a 2016 Q3 Prestige with a 72 months finance. I have this vehicle for just over 7 months. By the time I pay off this car, I would put in over 100K miles on it. After paying off the car in 6 years, I would be able to drive it without making anymore monthly payments, but I'm not sure how much longer I can keep it for with over 100K miles. And with this much mileage on it, I'm sure it would require quite some repairs and be very expensive. With a lease, I can swap out every 3 years, which I do not expect much major repairs before the lease term is up for any car. So it seems like financing and leasing is about the same for me since its going to be about time to get another car when there's over 100K miles, which means I'll still end up having to make payments on another car. If that's the case, why not lease and get a new car every 3 years.




Anyone here lease a Q3? How much are you paying per month? I just want an idea of the difference between leasing and how much I'm paying on financing it.

On a different forum, someone said German cars are not very reliable with this much mileage. I thought German cars are more reliable.


Since I still have about 4K miles before my 15K oil change, I'm thinking maybe I can talk to one of the salesperson for a price comparison, and what my options are.
 

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I kept my 2004 A4 10 years and ~215K miles. Personally, I put too many miles on a car to make a lease affordable. My 2015 Q3 is on track to be another high mileage car.
 

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I don't know...it seems like if you've already purchased the car and want to revert to a lease, it would be an expensive proposition. I've heard of leasing as the car depreciates in value the few years and then buying it for the depreciated cost but not the other way around. Having said that, I probably shouldn't comment since I know nothing about this topic having never leased a car before!
 
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