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RS4 prices

Posted: Mon Aug 16, 2010 11:07 am
by Revolution
Hi all

I'm still on the hunt for the "right" RS4 and i'm determined to get the correct spec at a sensible price so prepared to wait for however long it takes.

However, I've just had a conversation from a reliable source in the VAG trade who said the following, which surprised me a lot:

*Glass's guide is expecting a big drop in prices in September 3k+

*Audi UK wont be taking in part-ex's after the end of the year as the car is now "too old" and a dealer has just offered 17k part-ex on a 40k saloon (1-owner) against an RS5 as they are expecting them to plummet soon.

*There is a new Ins group coming out in Jan 2011 for supercars that will push up RS4 premiums up by at least 10%. Its been put in this bracket due to cost of repairs etc.

Known him for a while and he has no reason to scare monger as he loves RS4's himself but told me to hang out another month or so and watch them fall and big up a minter for low 20's.....

I've seen a few posts from people in the car trade and wondering its a rumour thats blown out of proportion or is their any truth in this?

Any advice would be helpful but dont want to buy now if they're due to take a major dip.

Glenn

RE: RS4 prices

Posted: Mon Aug 16, 2010 11:37 am
by pauly-b
Glenn - I'd be amazed if any if any of that was true - except the insurance. Audi dealers can sell all the good RS4's they get easily - demand is still really high for good ones.

Why on earth would Audi UK get involved with who the dealers can take in as part-ex's? Even if they don't sell the car themselves it would get sold via auction etc so they'd take it in. As for £17k trade in, car could be trolleyed I suppose but most likely a dealer trying it on...

Being honest it sounds total cobblers to me... :D

RE: RS4 prices

Posted: Mon Aug 16, 2010 12:03 pm
by sock
A used golf gti is still around £ 22000 at dealers so why would a mint rs4 touch 20k ? A 10% insurance increase is not really going to bother someone who is prepared to fuel a 4.2 v8 anyway .

IMO a nice rs4 for 25K will hold it's value very well, but finding one with a warranty will be very hard till at least next year.

Regards

Sock

Posted: Mon Aug 16, 2010 12:15 pm
by P_G
Prices are all over the place already though. I was comparing mine with those available for the near same mileage within 1500 miles and there was a £5k price difference and very little difference in the spec.

Insurance prices have already gone up. The new insuarnce groups are already in place with some insurers if your contact means the 40 group classification.

You may well get more choice in a few months given how the economy is going so if it all comes true you'll be a double winner.

Posted: Mon Aug 16, 2010 1:14 pm
by RickyD
Hopefully the price of B7 RS4's will come down for me as I will seriously consider one come December time to replace my '07 Leon Cupra.

My budget will be around £25k - £30k to include warranty. Looking around, I doubt I could afford a one from an Audi dealership.

Cheers

RickyD

Posted: Mon Aug 16, 2010 3:08 pm
by Dom81
It's a 50 group classification, and like P_G says is already live (hence why my premium went up)

RS4s have gone from group 20 to group 42, which is slightly ahead of the standard doubling

http://www.thatcham.org/research/index.jsp?page=33

Posted: Mon Aug 16, 2010 3:17 pm
by RS6chris!
Insurance up!!!! paying for the scum driving around with no insurance!!! String them up!!!

No deterent thats the problem.....the fine they get is less than the cost for these scroats to get insured anyway.

God i hate this country sometimes.

RANT OVER.

Posted: Mon Aug 16, 2010 3:32 pm
by Revolution
Hi Guys

Guess prices for good ones will always hold out well, just concerned if i buy one next week its going to take an immediate hit in a months time. Gradual depreciation is life and i can live with losing on a used car as its always less depreciation than a new one anyway.

Insurance wouldnt bother me too much unless it doubles anyway and it still annoys me too with non insured drivers on the roads.

I dont think Audi uk would getting invloved in who part-ex's what but maybe it was a particular Audi dealer had mentioned something to the guy I know.....guess the RS4 could have been a rough one and there's plenty of them about.

Anyone got an upto date glasses guide?

Posted: Mon Aug 16, 2010 3:40 pm
by P_G
Dom81 wrote:It's a 50 group classification, and like P_G says is already live (hence why my premium went up)

RS4s have gone from group 20 to group 42, which is slightly ahead of the standard doubling

http://www.thatcham.org/research/index.jsp?page=33
Dom is spot on and my hastened writing is crap; I meant to say 50 and no spelling mistakes!

8 more classification to 50 though is a worry, I don't know whether to be flattered that I have a car insurers reckon is in super / hyper car territory or bewildered at how wrong the classifications still are.

And as for insurance it should now be redefined and renamed as to insure is not what it is anymore. Your 'Exploitation' renewal this year is £x.......

Posted: Mon Aug 16, 2010 4:01 pm
by approved
glasses guide is a guide, and nothing more.

as for costs increasing, well they will increase for all performance cars, so anyone wanting to drive perfomance cars will swallow it.

i dont see residuals faloling anything like that mentioned, however, the trade will see it as an opportunity to aquire stock from those concerned, and will pedal the doom and gloom accordingly.

there is nothing above the rs4 in the rs range to naturally drop into its place, and that wont change as uptake of new rs5 is low.

i wouldnt worry too much about it in a nutshell.

Posted: Mon Aug 16, 2010 4:12 pm
by approved
i would also add audi dealers will still happily retail a suitable c5 rs6.

one went recently on a 53 plate in red , it had done 40k miles and they sold it for 25 grand.

as long as there is demand, they will pay the approriate price to supply.

2 dealers i spoke to recently confirmed demand for rs4 is still very stong.

Posted: Mon Aug 16, 2010 4:17 pm
by Revolution
Thats reassuring!!

Lol for the insurance renewal reply...

Posted: Mon Aug 16, 2010 4:43 pm
by ArthurPE
how would anybody know this?
if so, he's missed his calling in the stock market...

prices have stabilized in the US, and have actually crept up, the limited production numbers should be a good hedge against depreciation...
how many in the UK? how many for sale in the UK?
THAT will determine price...supply/demand...

if there are 5k cars and only 1% on the market at any given time, higher prices...if 10% on the market, lower prices

Posted: Mon Aug 16, 2010 4:49 pm
by Revolution
I think he's heard from someone else you has access to Glasses Guide.

Supply and demand is 100% correct.

Average models with low spec may fall and better models will remain strong i guess?

Posted: Mon Aug 16, 2010 4:52 pm
by P_G
I think your contact is wrong and it'll be the ones with little carbon build up that will sell best because they at least will last longer before seizing altogether. Duffers will be in their £teens! :wink: