LAS VEGAS — How to buy an Audi with an American lease agreement is a trickier task than it seems.
In a new report, U.C.L.A. economist Jeffrey Miron has looked at how many Audi leases there are in the country, and how much money the owners earn on them.
Miron found that there are about 1,800 such Audi leases, with an average cost of about $1,100 per year.
The average Audi lease includes a $1.50 upfront payment, and a $5,000 maintenance fee, plus the owner’s annual tax obligation.
But there are several caveats to the average Audi leasing agreement.
For example, the buyer must pay a $250 maintenance fee before the Audi can be sold.
And if the lease expires before the owner pays the tax, the car can be kept in a locked state until it is sold.
Miron says the average annual tax burden is about $300.
It is worth noting that the average car is only sold for about $4,000 to $5.7 million.
That means a typical Audi lease pays about $700 to $1 million, and about $200 to $250,000 in annual maintenance fees.
If a buyer wants to buy one of these cars, he or she will need to pay $4.6 million to $8.2 million for the car.
Most people who purchase a car through an Audi leasing company do so to buy the car from an owner.
A lot of those people end up signing a long-term lease for a period of time, typically around 10 years.
However, Miron notes that the Audi leasing industry has become more competitive since 2007, when the National Automobile Dealers Association mandated that companies that lease vehicles must sell their vehicles at least two years in advance.
According to Miron, the average sticker price for an Audi now is about half of what it was in 2007, though it is still cheaper than buying the car outright.