Current levels of discount?

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Leo-RS
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Re: Current levels of discount?

Post by Leo-RS » Wed Nov 11, 2015 9:47 am

W8PMC wrote:
Leo-RS wrote:Fair enough, you obviously can get the base spec cars for £66.5k then :thumbs:
Suppose it all helps on the depreciation curve, the less you pay, the less you'll lose :thumbs:

It is slightly misleading though as the Audi contribution is £7k, not £4K, direct from Audi here...

http://www.audi.co.uk/explore-models/fi ... &period=36

At 3yrs old, 30k miles, Audi will guarantee the value at £37k. With a base price of £66.5k, that's a £29.5k loss over the 3yrs or roughly £10k a year. In reality, the oldest 2.5yr old cars today are still selling for £55-£60k so there should be a fair whack of equity left in the cars at 3yrs old.
You've painted a very unusual picture there Leo.

Whilst no doubt their will be equity in 3yrs against the Audi GFV, do you really think a base car sold today for £65-60k will be worth £55-60k in 2.5yrs?

Once these cheaper cars start hitting the used market, values will tumble. When the C7 RS6 was launched, Audi gave the car no financial support so the cars were selling for (with a few options), close to £90k with a few over £100k. These cars are now £55k so a drop of £35-45k in real money which is about right.

If i'm wrong then the C7 RS6 will be the only Audi RS that's ever bucked the market trend for such cars, including previous RS's.
Not sure Paul, let's take a look at the current market...

2010 Audi RS6's are still selling for £35k thereabouts (Plenty of examples between £32-£40k on PH/Autotrader/Audi Used) - there's even one up at £48k but i'll dismiss this one as a wishful thinker.

So if we take that as a benchmark - Audi RS6 (C6) 2010 - £35k then naturally you could assume that a 5-6yr old C7 in 2018 will sell for similar amounts. This means their 3yr value is far higher than £35k. Taking that further, the oldest C7 RS6's are just turning 2.5yrs old and are being advertised at around the £60k mark. (Cheapest on PH is £58k for a July 13 car, one of the earliest cars)

So you can buy a 2.5yr old car for £58k or you can buy a brand new 2015/16 car for £66.5k as per the orangewheels screenshot on the previous page.

I agree, due to the discounts now on offer, values should dip a little but I'm not sure they really are. There has been good deals on the C7 RS6 for upto a year now and the 13 reg cars have hardly budged.

If I was a betting man, I would say a 3yr 36k mile car bought today in November 2015 will be worth between £45-£50k thereabouts in November 2018. If you bought at base £66.5k then that is a very reasonable depreciation curve.
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Re: Current levels of discount?

Post by kmpowell » Wed Nov 11, 2015 10:13 am

Leo-RS wrote:
W8PMC wrote:
Leo-RS wrote:Fair enough, you obviously can get the base spec cars for £66.5k then :thumbs:
Suppose it all helps on the depreciation curve, the less you pay, the less you'll lose :thumbs:

It is slightly misleading though as the Audi contribution is £7k, not £4K, direct from Audi here...

http://www.audi.co.uk/explore-models/fi ... &period=36

At 3yrs old, 30k miles, Audi will guarantee the value at £37k. With a base price of £66.5k, that's a £29.5k loss over the 3yrs or roughly £10k a year. In reality, the oldest 2.5yr old cars today are still selling for £55-£60k so there should be a fair whack of equity left in the cars at 3yrs old.
You've painted a very unusual picture there Leo.

Whilst no doubt their will be equity in 3yrs against the Audi GFV, do you really think a base car sold today for £65-60k will be worth £55-60k in 2.5yrs?

Once these cheaper cars start hitting the used market, values will tumble. When the C7 RS6 was launched, Audi gave the car no financial support so the cars were selling for (with a few options), close to £90k with a few over £100k. These cars are now £55k so a drop of £35-45k in real money which is about right.

If i'm wrong then the C7 RS6 will be the only Audi RS that's ever bucked the market trend for such cars, including previous RS's.
Not sure Paul, let's take a look at the current market...

2010 Audi RS6's are still selling for £35k thereabouts (Plenty of examples between £32-£40k on PH/Autotrader/Audi Used) - there's even one up at £48k but i'll dismiss this one as a wishful thinker.

So if we take that as a benchmark - Audi RS6 (C6) 2010 - £35k then naturally you could assume that a 5-6yr old C7 in 2018 will sell for similar amounts. This means their 3yr value is far higher than £35k. Taking that further, the oldest C7 RS6's are just turning 2.5yrs old and are being advertised at around the £60k mark. (Cheapest on PH is £58k for a July 13 car, one of the earliest cars)

So you can buy a 2.5yr old car for £58k or you can buy a brand new 2015/16 car for £66.5k as per the orangewheels screenshot on the previous page.

I agree, due to the discounts now on offer, values should dip a little but I'm not sure they really are. There has been good deals on the C7 RS6 for upto a year now and the 13 reg cars have hardly budged.

If I was a betting man, I would say a 3yr 36k mile car bought today in November 2015 will be worth between £45-£50k thereabouts in November 2018. If you bought at base £66.5k then that is a very reasonable depreciation curve.
But... what a car is priced at and what's it's worth, are two very different things.

Take your example of the oldest C7 RS6's with a screen price of £58k, the actual trade/px price of that car is nowhere near that amount. I'd guess it would be c£45-48k. So take those prices, add them into your equation, and things start looking very different indeed. :)
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Re: Current levels of discount?

Post by Leo-RS » Wed Nov 11, 2015 10:45 am

kmpowell wrote:But... what a car is priced at and what's it's worth, are two very different things.

Take your example of the oldest C7 RS6's with a screen price of £58k, the actual trade/px price of that car is nowhere near that amount. I'd guess it would be c£45-48k. So take those prices, add them into your equation, and things start looking very different indeed. :)
Fair point but there is nothing forcing you to sell at trade price.

Out of interest, I just checked the WBAC offer for the £58k listed car mentioned and the offer was bang on £50k, Audi perhaps would beat that slightly so they are not quite making £13k on a used car ;)
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Re: Current levels of discount?

Post by kmpowell » Wed Nov 11, 2015 10:57 am

Leo-RS wrote:
kmpowell wrote:But... what a car is priced at and what's it's worth, are two very different things.

Take your example of the oldest C7 RS6's with a screen price of £58k, the actual trade/px price of that car is nowhere near that amount. I'd guess it would be c£45-48k. So take those prices, add them into your equation, and things start looking very different indeed. :)
Fair point but there is nothing forcing you to sell at trade price.

Out of interest, I just checked the WBAC offer for the £58k listed car mentioned and the offer was bang on £50k, Audi perhaps would beat that slightly so they are not quite making £13k on a used car ;)
Ah, but just because a dealers offers £10-13k under current screen priced equivalent car, a dealer won't make the full £13k on the 3yr old car... by the time they have checked/replaced brake pads, tyres, kerbed alloys, bodywork, added a £warranty, factored in the VAT payable on the used car profit, factored in the overheads of a shiny showroom and staff to pay, factored in stocking costs, factored in depreciation costs, factored in the 'haggling' of potential customer... the £13k suddenly becomes much much smaller. ;)
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Re: Current levels of discount?

Post by W8PMC » Wed Nov 11, 2015 1:15 pm

Leo-RS wrote:
W8PMC wrote:
Leo-RS wrote:Fair enough, you obviously can get the base spec cars for £66.5k then :thumbs:
Suppose it all helps on the depreciation curve, the less you pay, the less you'll lose :thumbs:

It is slightly misleading though as the Audi contribution is £7k, not £4K, direct from Audi here...

http://www.audi.co.uk/explore-models/fi ... &period=36

At 3yrs old, 30k miles, Audi will guarantee the value at £37k. With a base price of £66.5k, that's a £29.5k loss over the 3yrs or roughly £10k a year. In reality, the oldest 2.5yr old cars today are still selling for £55-£60k so there should be a fair whack of equity left in the cars at 3yrs old.
You've painted a very unusual picture there Leo.

Whilst no doubt their will be equity in 3yrs against the Audi GFV, do you really think a base car sold today for £65-60k will be worth £55-60k in 2.5yrs?

Once these cheaper cars start hitting the used market, values will tumble. When the C7 RS6 was launched, Audi gave the car no financial support so the cars were selling for (with a few options), close to £90k with a few over £100k. These cars are now £55k so a drop of £35-45k in real money which is about right.

If i'm wrong then the C7 RS6 will be the only Audi RS that's ever bucked the market trend for such cars, including previous RS's.
Not sure Paul, let's take a look at the current market...

2010 Audi RS6's are still selling for £35k thereabouts (Plenty of examples between £32-£40k on PH/Autotrader/Audi Used) - there's even one up at £48k but i'll dismiss this one as a wishful thinker.

So if we take that as a benchmark - Audi RS6 (C6) 2010 - £35k then naturally you could assume that a 5-6yr old C7 in 2018 will sell for similar amounts. This means their 3yr value is far higher than £35k. Taking that further, the oldest C7 RS6's are just turning 2.5yrs old and are being advertised at around the £60k mark. (Cheapest on PH is £58k for a July 13 car, one of the earliest cars)

So you can buy a 2.5yr old car for £58k or you can buy a brand new 2015/16 car for £66.5k as per the orangewheels screenshot on the previous page.

I agree, due to the discounts now on offer, values should dip a little but I'm not sure they really are. There has been good deals on the C7 RS6 for upto a year now and the 13 reg cars have hardly budged.

If I was a betting man, I would say a 3yr 36k mile car bought today in November 2015 will be worth between £45-£50k thereabouts in November 2018. If you bought at base £66.5k then that is a very reasonable depreciation curve.
Although impossible to know for sure Leo, i'll repeat what i said above that if the C7 RS6 depreciation (real money) is only £15-20k over 3yrs, it will be by far the lowest depreciating car in the Audi range & that goes against the entire history of such cars as they are heavy fallers.

A base car bought for £66k today would depreciate as a minimum 40% over 3yrs & i'd bet closer to 50%.

Their are 2yr old cars on the Audi website for £55k & these looking at the spec would have been originally sold for North of £85k. Also a 2015 car up for £60k which again must have been North of £80k so that's £20k in the 1st year & over £30k over 2 years. Some speculative cars on the Audi website & they may be very highly spec'd as quite a few 2015 examples at North of £80k & even a couple above £90k which given a new one can be had for £25k less is quite an ask.
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Re: Current levels of discount?

Post by scottie1979 » Wed Nov 11, 2015 4:47 pm

When you say it out loud £66k for an RS6 seems like an astonishing price .... base spec ok but well loaded already .... is it me or is that not a great price for a sub 4 second car

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Re: Current levels of discount?

Post by kmpowell » Wed Nov 11, 2015 6:26 pm

scottie1979 wrote:When you say it out loud £66k for an RS6 seems like an astonishing price .... base spec ok but well loaded already .... is it me or is that not a great price for a sub 4 second car
It's a great price, but IMO you have to spend a minium of £5-6k to get it to a place which makes it complete. By the time you've added the bigger wheels, Sports Zorst, Black Pack, tints, and DRC, you've added another 10% back on top and wiped out 35-40% of the discount.
Last edited by kmpowell on Wed Nov 11, 2015 7:12 pm, edited 1 time in total.
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Re: Current levels of discount?

Post by HYFR » Wed Nov 11, 2015 7:07 pm

always work on 50% value at 3yrs.

the next 3yrs are where a car can beat the typical depreciation curve by being a good car as demand meets supply

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Re: Current levels of discount?

Post by kmpowell » Wed Nov 11, 2015 8:27 pm

kmpowell wrote:
scottie1979 wrote:When you say it out loud £66k for an RS6 seems like an astonishing price .... base spec ok but well loaded already .... is it me or is that not a great price for a sub 4 second car
It's a great price, but IMO you have to spend a minium of £5-6k to get it to a place which makes it complete. By the time you've added the bigger wheels, Sports Zorst, Black Pack, tints, and DRC, you've added another 10% back on top and wiped out 35-40% of the discount.
Ok, I'm scrubbing my need for DRC, I didn't realise the standard air suspension included the Comfort and Dynamic modes, which is what I was speccing it for. So the only thing outstanding for me is the Sports exhaust. My dealer tells me that the standard RS6 system is dual branch and louder than my B8 with the Sports Exhaust engaged, anybody who's had both care to comment on that?
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Re: Current levels of discount?

Post by Paulm » Thu Nov 12, 2015 9:20 pm

I got around £13k off mine. Cant remember the exact figure or what % the equates to but good discount all the same.

its coming early as well, now due 20th ish of Dec instead of mid Jan :bigblink:
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Re: Current levels of discount?

Post by VantageRS » Sun Nov 22, 2015 8:15 pm

Hi , there is a 15mdl car for sale now with 5k miles on it at main dealer for under 60k! low spec i admit but with the discounts around some of the advertised prices are just dream land.

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Re: Current levels of discount?

Post by doodlebug » Sun Nov 22, 2015 8:51 pm

Depends what you mean by 15 model. 15 plate doesn't mean facelift. Also depends on the cars history.

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Re: Current levels of discount?

Post by kmpowell » Sun Nov 22, 2015 8:54 pm

VantageRS wrote:Hi , there is a 15mdl car for sale now with 5k miles on it at main dealer for under 60k! low spec i admit but with the discounts around some of the advertised prices are just dream land.
If you mean the pre-facelift, pretty much boggo standard, Misano car at Camberley, that's an ex Audi management/press/fleet car. The OV reg number prefix gives that away... OV64XLC

:)
Last edited by kmpowell on Sun Nov 22, 2015 9:01 pm, edited 1 time in total.
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Re: Current levels of discount?

Post by doodlebug » Sun Nov 22, 2015 8:59 pm

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Re: Current levels of discount?

Post by boff » Sun Nov 22, 2015 10:12 pm

kmpowell wrote:
kmpowell wrote:
scottie1979 wrote:When you say it out loud £66k for an RS6 seems like an astonishing price .... base spec ok but well loaded already .... is it me or is that not a great price for a sub 4 second car
It's a great price, but IMO you have to spend a minium of £5-6k to get it to a place which makes it complete. By the time you've added the bigger wheels, Sports Zorst, Black Pack, tints, and DRC, you've added another 10% back on top and wiped out 35-40% of the discount.
Ok, I'm scrubbing my need for DRC, I didn't realise the standard air suspension included the Comfort and Dynamic modes, which is what I was speccing it for. So the only thing outstanding for me is the Sports exhaust. My dealer tells me that the standard RS6 system is dual branch and louder than my B8 with the Sports Exhaust engaged, anybody who's had both care to comment on that?
Careful buddy, that car i borrowed was on standard air and it was shocking compared to the B8, and to the point at which my wife could tell - it wallows a lot, when you turn in it feels wallow, the front corner will dip.

Unless you are towing, you need DRC

Also - I think my b8 S/E is just as loud as the RS6 S/E (I.e. you need it)
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