Audi Financial Services | Full Guide (2024)

Audi Financial Services: Ultimate Guide to Car Financing and Leasing

Audi Financial Services (AFS) is more than just a way to finance or lease a vehicle—it’s an integral part of the premium Audi experience. Whether you’re looking to drive the latest Audi model or explore the benefits of owning a pre-owned vehicle, AFS offers a range of financial solutions tailored to meet your needs. In this guide, we’ll delve into the various services offered by Audi Financial Services, helping you make informed decisions about your next vehicle.

Vehicle Financing

When it comes to purchasing a new or used Audi, financing through Audi Financial Services provides flexibility and convenience. Here’s how AFS can make your dream car a reality:

New Car Financing

If you’re eyeing a brand-new Audi, AFS offers a variety of loan options that can be customized to fit your financial situation. Whether you prefer a longer term with lower monthly payments or a shorter term to pay off your vehicle faster, AFS has a plan for you. Plus, with competitive interest rates and the ability to finance up to 100% of the vehicle’s purchase price, getting behind the wheel of a new Audi is more accessible than ever.

Used Car Financing

Audi’s high standards extend to their pre-owned vehicles, making them an excellent choice for those looking for quality and reliability at a lower price point. AFS provides financing solutions for these vehicles too, ensuring that you can enjoy the Audi experience regardless of whether your car is fresh off the assembly line or has a few miles under its belt.

Benefits of Financing through AFS

Financing with AFS means more than just driving away in an Audi. Customers benefit from:

• Flexible Loan Terms: Choose a payment plan that suits your budget.
• Competitive Rates: Enjoy lower interest rates than many traditional lenders.
• Audi’s Expertise: Work with finance professionals who understand Audi vehicles and your financial needs.

Leasing Options

Leasing is a popular option for those who want to enjoy the latest Audi models without committing to long-term ownership. Audi Financial Services offers leasing solutions designed to fit a variety of lifestyles and budgets.

Standard Lease

A standard lease from AFS typically spans 24 to 48 months, offering lower monthly payments compared to purchasing. At the end of the lease, you can choose to return the vehicle, purchase it at a predetermined price, or lease a new Audi. This flexibility is ideal for those who like to keep their driving experience fresh and up-to-date with the latest technology and features.

Audi Select Lease

For those who love the idea of driving a new Audi every few years, the Audi Select Lease is an excellent choice. This program allows you to switch models more frequently, giving you access to the newest innovations and styles Audi has to offer. It’s perfect for those who crave variety and the latest in automotive luxury.

Lease-End Options

As your lease term nears its end, Audi Financial Services provides several options:

• Return Your Vehicle: Hand back the keys and walk away.
• Purchase Your Audi: Buy your leased vehicle at a predetermined price.
• Lease a New Model: Transition seamlessly into a new Audi lease.

Certified Pre-Owned Programs

If you’re looking for a pre-owned vehicle with the peace of mind that comes from rigorous quality standards, Audi’s Certified Pre-Owned (CPO) program is an excellent choice.

Overview of Audi’s CPO Program

Every Audi CPO vehicle undergoes a thorough inspection and meets strict criteria to ensure it meets Audi’s high standards for quality and performance. These vehicles often come with extended warranties and additional perks, making them a smart investment.

Financing and Leasing for CPO Vehicles

Audi Financial Services supports the financing and leasing of CPO vehicles, offering flexible terms and competitive rates similar to those for new vehicles. Whether you’re buying outright or leasing, AFS makes it easy to enjoy the benefits of a certified pre-owned Audi.

Balloon Financing

Balloon financing is a unique option provided by Audi Financial Services that can make owning an Audi more affordable in the short term.

What is Balloon Financing?

This type of loan offers lower monthly payments by deferring a large portion of the loan principal to the end of the term. This final payment, known as the “balloon payment,” is larger than the earlier payments but allows for smaller installments throughout the loan period.

Advantages of Balloon Financing

• Lower Monthly Payments: Ideal for those who need to manage their cash flow.
• Flexible End-of-Term Options: Choose to pay off the balloon payment, refinance it, or trade in the vehicle.
• Ownership Potential: Unlike leasing, balloon financing gives you the option to own the vehicle outright at the end of the term.

Fleet Services

For businesses needing multiple vehicles, Audi Fleet Services offers tailored financial solutions to meet corporate needs.

Tailored Solutions for Businesses

Whether you’re managing a small business fleet or a large corporate one, Audi Fleet Services provides customized leasing and financing options, maintenance packages, and fleet management tools. This ensures your business operations run smoothly and efficiently.

Benefits for Corporate Clients

• Cost-Effective Fleet Management: Enjoy the luxury and performance of Audi vehicles while keeping costs manageable.
• Maintenance and Support: Access to comprehensive maintenance plans and dedicated fleet support.
• Flexible Financing Options: Choose from a variety of lease and purchase options to suit your business needs.

Insurance Products

Protecting your investment is crucial, and Audi Financial Services offers a range of insurance products to keep you covered.

GAP Insurance

Guaranteed Asset Protection (GAP) insurance covers the difference between your vehicle’s value and what you owe on your loan if it’s totaled or stolen. This can save you from significant financial loss in case of an unfortunate event.

Vehicle Protection Plans

AFS provides various protection plans that cover repairs and maintenance, ensuring your Audi stays in peak condition without unexpected expenses.

Coverage for Wear and Tear

Leasing customers can opt for coverage that includes wear and tear, protecting against additional charges for excess wear at the end of the lease term.

Loyalty Programs

Audi Financial Services values customer loyalty and offers special benefits to returning customers.

Audi Loyalty Benefits

Loyalty programs can include reduced rates, waived fees, and exclusive offers when you finance or lease your next Audi through AFS. It’s Audi’s way of saying thank you for choosing their brand again.

Special Offers and Incentives

AFS frequently provides special offers and incentives, making it even more appealing to stay within the Audi family for your next vehicle.

How to Apply for AFS

Applying for Audi Financial Services is straightforward, whether you’re in a dealership, online, or prefer a phone consultation.

In-Dealership Application

Visit any Audi dealership to start your financing or leasing application. Dealership finance managers will guide you through the process, helping you find the best option for your needs.

Online Application Process

For convenience, you can also apply online through the Audi Financial Services website. The online portal allows you to pre-qualify and begin the financing or leasing process from home.

Phone Consultations

Prefer to talk to someone? Audi Financial Services representatives are available for phone consultations to answer your questions and assist with the application process.

Customer Support

Audi Financial Services prides itself on providing excellent customer support throughout your financing or leasing journey.

Dedicated Support Teams

Whether you have questions about your account or need help with a service issue, AFS’s dedicated support teams are there to assist you.

Managing Your Account Online

AFS offers robust online account management tools, allowing you to make payments, view your account details, and manage your loan or lease anytime, anywhere.

Managing Your Audi Loan or Lease

Once you have an Audi loan or lease, managing it effectively is key to a smooth ownership experience.

Payment Options

Audi Financial Services provides several payment options, including online payments, automatic withdrawals, and traditional mail-in payments, to suit your preferences.

Early Payoff and Refinancing

If you want to pay off your loan early or refinance to lower your payments, AFS offers flexible solutions to accommodate these needs.

Handling Lease Returns

When your lease term ends, Audi Financial Services makes it easy to return your vehicle or transition to a new lease, ensuring a seamless process.

Tips for Choosing Between Financing and Leasing

Choosing between financing and leasing depends on your personal preferences and financial situation. Here’s how to decide:

Factors to Consider

• Driving Habits: Do you drive a lot or prefer to switch cars frequently?
• Budget: How much can you afford to spend monthly?
• Ownership Goals: Do you prefer owning a car long-term or enjoying new models every few years?

Pros and Cons of Each Option

• Financing: Provides ownership, potential for customization, but usually higher monthly payments.
• Leasing: Lower payments, access to new models, but with mileage limits and no ownership at the end.

Sustainability and Audi Financial Services

Audi is committed to sustainability, and AFS supports this mission through various programs.

Supporting Green Initiatives

Audi Financial Services offers special financing options for electric and hybrid vehicles, encouraging customers to choose more environmentally friendly options.

Financing for Electric and Hybrid Vehicles

AFS provides attractive rates and terms for Audi’s electric and hybrid models, making it easier for you to contribute to a greener future.

Audi Financial Services Worldwide

Audi Financial Services operates globally, providing consistent quality and service across different markets.

Global Presence and Reach

AFS serves customers worldwide, adapting its products and services to meet the needs of diverse markets while maintaining Audi’s high standards.

How AFS Adapts to Local Markets

Whether you’re in Europe, Asia, or the Americas, AFS offers localized solutions that reflect regional market conditions and customer preferences.

Conclusion

Audi Financial Services is a comprehensive provider of financial solutions that enhance the Audi ownership and leasing experience. With flexible financing, competitive leasing options, and excellent customer support, AFS ensures that every step of acquiring and managing an Audi is smooth and enjoyable. Whether you’re a first-time Audi buyer or a returning customer, AFS has a solution tailored to your needs.

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FAQs

What credit score is needed for Audi Financial Services?

A credit score of 650 or higher is typically preferred for competitive financing and leasing rates with AFS. However, individual eligibility may vary, and it’s best to consult directly with AFS for specific requirements.

Can I finance or lease a pre-owned Audi?

Yes, Audi Financial Services offers financing and leasing options for certified pre-owned (CPO) vehicles, making it easy to own or lease a high-quality pre-owned Audi.

What happens if I exceed my lease mileage?

If you exceed the mileage limit on your lease, you will be charged a fee per mile over the agreed-upon limit. It’s important to estimate your annual mileage accurately when setting up your lease to avoid these additional costs.

How does Audi’s loyalty program work?

Audi’s loyalty program rewards returning customers with benefits such as lower interest rates, waived fees, and special incentives when they finance or lease their next Audi through AFS.

Can I apply for AFS if I’m not buying from an Audi dealership?

Generally, Audi Financial Services partners directly with Audi dealerships. For purchases outside of this network, it’s recommended to contact AFS directly to explore your options.