Negative Equity Privilege > Vehicle Loss Privilege Program > Audi After Care > Care & Warranty > Audi Canada

Negative Equity Privilege

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Negative Equity Privilege

Consider this:

If you experience a total loss of your Audi…(any instance where your vehicle has been declared a permanent loss by your insurer resulting from such things as collision, fire or theft) and you have negative equity…(when you owe more on your vehicle loan than what the vehicle is worth) your insurer may only pay the fair market value of your vehicle. How will you get a replacement Audi?

We can assist

With Negative Equity Privilege, you are eligible for an in-store loyalty discount towards a replacement vehicle in an amount equal to the difference between your insurer payout and the remaining loan balance.

A straightforward explanation

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For example:

• Outstanding loan balance: $23,000
• Insurer payout: $16,000
• In-store Audi loyalty discount: $7,000

The graph on this page is for illustrative purposes only and may not accurately represent values for your circumstance. Variable in-store Audi loyalty discount is capped to 150% of the suggested retail selling price.

* Vehicle Loss Privilege Program is not available in Quebec.

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