C7 PCP

[HYFR]

4yr old car will be worth at trade £3X

[S4WON]

4yr old car will be worth at trade £3X

You sure about that?

Take the 13 C7s for sale now. All 60k+. You really think they will lose 20k in 18 months?

I don't see it...assuming the economy stays as is,, hmmmm

[HYFR]

Yes. There is £7k margin on those cars.

If you trade it in, bend over

[S4WON]

Ouch. Does any of that 7k go back to the customer in prep?

[HYFR]

Sorry I meant £7k dealer spread ... So yes to cover their multiple costs and profit

The point is, if you plan to trade in, retail prices are not a good guide

If you are looking to buy a 4yr old C7 then yes they will be £4X

[vestax32]

So you think that the early 2012 cars will be under 50k by summer next year?

[doodlebug]

2012? You mean 2013....

[S4WON]

So you think that the early 2012 cars will be under 50k by summer next year?

No '12 cars afaik mate.

[Zeebuilder]

Just for your info. I put down 20k on my RS6 in June. Had a few extras so 82k on the book price.i ended up with £10800 dealer contribution. Play them hard and get a broker quote to bend their arm. I pay £465 per month over 3 years. PCP over 4 years takes into account a higher depreciation

[vestax32]

I was thinking about the B8, duh.

[s4geo]

Yes. There is £7k margin on those cars.

If you trade it in, bend over

I'd completely agree with that - I have a Daytona from Jan 2014 (was around £89k before discount when new, so reasonably specced) with 21k miles on the clock (which I appreciate is a fair amount but it is our daily family car!) and I'm in the process of making a change in the next 6-8 weeks. I've been offered around £52k for it from some Audi dealers (as I'm thinking of changing to a different brand, the other garage is trying to organise a part-ex on my behalf from Audi dealers, as they couldn't sell it themselves).

I'm starting to think it might be better to sell it privately - although I'm really cautious about the fact there is Audi Finance on it, and so I'm just imagining scenarios where I end up with no car and still outstanding finance! With my previous S4 I paid the finance off myself first and it was also a £27k sale so not the same kind of worry versus £50-odd-k. I know that you can get the buyer to pay the finance off first and then wait for Audi finance to give the all clear but I imagine that could limit the buyers somewhat. I guess an option would be to try and sell it to someone from the forum who's pretty well known - so they get a bargain and I reduce my chances of being turned over a bit.

[HYFR]

Selling cars with finance is no hardship.

75% of new cars sold are on finance, it's not like your car is infected with the plaque, it's entirely normal.

Buyer has £60k of cash in their bank account, how they divide up who they pay and how is surely not beyond the wit of man.

Hell, I sold a £65k R8 privately with finance on and the buyer bought it on finance with Lombard!

Apparently we even put men on the moon also !

[Shinobi675]

I've got two cars on finance, I think the moon might be easier to understand!

[S4WON]

Yes. There is £7k margin on those cars.

If you trade it in, bend over

I'd completely agree with that - I have a Daytona from Jan 2014 (was around £89k before discount when new, so reasonably specced) with 21k miles on the clock (which I appreciate is a fair amount but it is our daily family car!) and I'm in the process of making a change in the next 6-8 weeks. I've been offered around £52k for it from some Audi dealers (as I'm thinking of changing to a different brand, the other garage is trying to organise a part-ex on my behalf from Audi dealers, as they couldn't sell it themselves).

I'm starting to think it might be better to sell it privately - although I'm really cautious about the fact there is Audi Finance on it, and so I'm just imagining scenarios where I end up with no car and still outstanding finance! With my previous S4 I paid the finance off myself first and it was also a £27k sale so not the same kind of worry versus £50-odd-k. I know that you can get the buyer to pay the finance off first and then wait for Audi finance to give the all clear but I imagine that could limit the buyers somewhat. I guess an option would be to try and sell it to someone from the forum who's pretty well known - so they get a bargain and I reduce my chances of being turned over a bit.

Its definitely worth advertising here to see if any regs are interested. The mileage is a little high for some but you should definitely get more than 52.

57 min id say.

[W8PMC]

Yes. There is £7k margin on those cars.

If you trade it in, bend over

I'd completely agree with that - I have a Daytona from Jan 2014 (was around £89k before discount when new, so reasonably specced) with 21k miles on the clock (which I appreciate is a fair amount but it is our daily family car!) and I'm in the process of making a change in the next 6-8 weeks. I've been offered around £52k for it from some Audi dealers (as I'm thinking of changing to a different brand, the other garage is trying to organise a part-ex on my behalf from Audi dealers, as they couldn't sell it themselves).

I'm starting to think it might be better to sell it privately - although I'm really cautious about the fact there is Audi Finance on it, and so I'm just imagining scenarios where I end up with no car and still outstanding finance! With my previous S4 I paid the finance off myself first and it was also a £27k sale so not the same kind of worry versus £50-odd-k. I know that you can get the buyer to pay the finance off first and then wait for Audi finance to give the all clear but I imagine that could limit the buyers somewhat. I guess an option would be to try and sell it to someone from the forum who's pretty well known - so they get a bargain and I reduce my chances of being turned over a bit.

Its definitely worth advertising here to see if any regs are interested. The mileage is a little high for some but you should definitely get more than 52.

It is somewhat harder to sell higher value cars privately. Of course it's doable, but with the risk of theft, tyre kickers etc. dealers know this & thus are happy to remove your pants with a smile on their face. Is quite daunting for sellers as not many folk have £60k cash in a bag to hand over, so quite often finance will be involved & while that too is doable as DK says, it does offer a further level of complexity & risk.

Sold most of my previous higher value cars through PistonHeads & never had an issue, however that's at around the £24-45k mark.

Also bear in mind if your car is on finance then you do benefit from a little bit of security as your lender won't release title until funds are fully cleared, so having the buyer settle the finance company & the balance going to you, with you only releasing the car once the finance company are happy is a small benefit.

57 min id say.