Should a New Engine increase car's value-Your opinion Please

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George1976
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Should a New Engine increase car's value-Your opinion Please

Post by George1976 » Mon May 25, 2009 2:04 pm

Hi All

Genuine Question - I'm looking to sell my 06/39k B7, which has just had a brand new engine, new exhuasts, and new discs/pads allround - for approx 31k

Would I be wrong to expect/ask £1000 to £1500 more than similar cars for sale? Given the number of issues with coking I thought it would be a reasonable expectation.

I'd appreciate your thoughts.

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pippyrips
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Re: Should a New Engine increase car's value-Your opinion Pl

Post by pippyrips » Mon May 25, 2009 2:09 pm

George1976 wrote:Hi All

Genuine Question - I'm looking to sell my 06/39k B7, which has just had a brand new engine, new exhuasts, and new discs/pads allround - for approx 31k

Would I be wrong to expect/ask £1000 to £1500 more than similar cars for sale? Given the number of issues with coking I thought it would be a reasonable expectation.

I'd appreciate your thoughts.
Potentially yes, I would say that's fair enough, why was it all changed and who did the work? These can impact perception and price.

I wouldn't use the inlet build up issue though as I dare say even your new engine is now dirty to. The selling point is it's new so has done less miles...

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pippyrips
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Re: Should a New Engine increase car's value-Your opinion Pl

Post by pippyrips » Mon May 25, 2009 2:11 pm

George1976 wrote:Hi All

Genuine Question - I'm looking to sell my 06/39k B7, which has just had a brand new engine, new exhuasts, and new discs/pads allround - for approx 31k

Would I be wrong to expect/ask £1000 to £1500 more than similar cars for sale? Given the number of issues with coking I thought it would be a reasonable expectation.

I'd appreciate your thoughts.
Potentially yes, I would say that's fair enough, why was it all changed and who did the work? These can impact perception and price.

I wouldn't use the inlet build up issue though as I dare say even your new engine is now dirty to. The selling point is it's new so has done less miles...

George1976
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Re: Should a New Engine increase car's value-Your opinion Pl

Post by George1976 » Mon May 25, 2009 2:13 pm

It was done under warranty by Derby Audi, to cure a hesitation issue. It's done about 800 miles since.

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klauster
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RE: Re: Should a New Engine increase car

Post by klauster » Mon May 25, 2009 3:31 pm

the only issue i see is explaining to a new buyer why the engine was replaced, by the time you have explained it, they might go off the idea of buying an RS4 all together!
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RE: Re: Should a New Engine increase car

Post by lengster1 » Mon May 25, 2009 4:06 pm

I wouldnt really use the new engine as a selling point,it could give the wrong impression about the car,new brakes is a definate bonus ive recently looked at plenty of rs4s for sale and all had front discs/pads near the end of there life,that includes the car i bought which had just been serviced and main dealer retailed!!

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PetrolDave
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Re: RE: Re: Should a New Engine increase car

Post by PetrolDave » Mon May 25, 2009 6:17 pm

klauster wrote:the only issue i see is explaining to a new buyer why the engine was replaced, by the time you have explained it, they might go off the idea of buying an RS4 all together!
Second that.

Any unusual replacement of major parts raises questions about what's happened to the car and why the replacement has been necessary, and will put off many buyers.

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A20LEE
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RE: Re: RE: Re: Should a New Engine increase car

Post by A20LEE » Mon May 25, 2009 6:48 pm

as above, i'd want it cheaper!

Oli
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RE: Re: RE: Re: Should a New Engine increase car

Post by Oli » Tue May 26, 2009 5:49 pm

A new engine will definately add value, it certainly won't loose any. I would definately see it as a good thing, if a car I was purchasing/selling had a new engine, as long as it was fitted by a dealer.

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booski
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Re: RE: Re: RE: Re: Should a New Engine increase car

Post by booski » Tue May 26, 2009 7:35 pm

Oli wrote:A new engine will definately add value, it certainly won't loose any. I would definately see it as a good thing, if a car I was purchasing/selling had a new engine, as long as it was fitted by a dealer.
I agree 100%
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RE: Re: RE: Re: RE: Re: Should a New Engine increase car

Post by GBrownlow » Tue May 26, 2009 8:30 pm

To be truthful, I have to say it would completely put me off buying it at any price and certainly not a premium.

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PetrolDave
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RE: Re: RE: Re: RE: Re: Should a New Engine increase car

Post by PetrolDave » Wed May 27, 2009 5:10 pm

Looks like we're splitting into two groups - those to whom a new engine is a good thing, and those to whom a new engine would put them off buying the car at all.
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PaulF
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RE: Re: RE: Re: RE: Re: Should a New Engine increase car

Post by PaulF » Wed May 27, 2009 5:20 pm

A new engine just because the car had a hesitation sounds a bit dramatic. I would have thought that a competent engine management man could have resoved it.

George1976
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Re: RE: Re: RE: Re: RE: Re: Should a New Engine increase car

Post by George1976 » Wed May 27, 2009 6:08 pm

PaulF wrote:A new engine just because the car had a hesitation sounds a bit dramatic. I would have thought that a competent engine management man could have resoved it.
Thanks for your opinion guys, facinating to see such two distinct groups. I think think I know which one I prefer (!), and I suspect a true B7 enthusiast would only see it as a good thing, given that most high milers are developing a few niggles here and there, and can certainly tell when a car's been abused in anyway. The fact that the Brake pads lasted 38k is evidence enough!

Any further concerns about "why" can be met with a very detailed explanation from Derby Audi as to why it took them 6 months to find a tiny crack in one of the inlet manifold flaps AFTER replacing the engine. No fault codes were ever triggered and Audi UK were heavily involved; to the point where they've offered me a significant contribution if I buy another Audi. This has been discussed at length in the "hesitation at high rpm" thread

In conclusion I think I'll go for a compromise of 30k given that the new discs all round seems to be an appealing saving, plus the wheels had a bare metal refurb last year. Of course there is a 2 year parts and labour warranty on all the new bits too! I'm selling it though an independent dealer so that finance can be an option, seems like a sensible idea.

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Re: RE: Re: RE: Re: RE: Re: Should a New Engine increase car

Post by PetrolDave » Thu May 28, 2009 5:36 pm

George1976 wrote:I suspect a true B7 enthusiast would only see it as a good thing
I regard myself as a true B7 enthusiast and I am in the group that would see an engine change as a good reason NOT to buy the car.

Why? The engine change would only have a temporary effect on any engine problems caused by e.g. inlet fouling, and I would be nervous of the knock-on effect of letting a dealer change an engine (many dealers have proved themselves to not be competent at simple jobs let alone changing an engine).

Short term benefit from an engine change - maybe?
Long term benefit from an engine change - none that I can see.

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