<prompt> Human: I have owned my car for 8 years now since I was 16 and now that i am done university and have a well paying job and have money saved up I want to buy a new car. I dont want to buy an intermediate car though, I want my next car to be the one I want. More specifically Audi S4. Say it is gonna cost 60,000 with 3 financing and I can put down a 10 downpayment. If a 36-month lease has 930month payments, and 72-month own is 930month, how do I figure out which is more cost effective by the end of the lease term? I looked up quickly and found depreciation is approx. 5000 a year. So how do I determine whether or not leasing or buying is a better option for me?  <response>: Depreciation is likely a lot more than 5,000 a year. The residual value of an Audi S4 after 3 years is 30,400 USD, MSRP of 53,525 USD. 7,700yrBuy a 3 year old used one with a Certified Pre-owned Warranty from an Audi dealer for 60 the original sticker. 