Performance Edition at Audi City (pic content for MikeFish!)

4.0 V8 40v biturbo TFSI - 553 bhp
4.0 V8 40v biturbo TFSI - 597 bhp (Performance)
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MikeFish
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Re: Performance Edition at Audi City (pic content for MikeFi

Post by MikeFish » Mon Jan 25, 2016 11:09 pm

The Audi finance calculator has been fixed so that the PE works. As suspected my monthly payments should drop and my final payment goes up. Makes no odds to me as I'm expecting to keep it at the end but anyone looking to give it back at the end of term will be looking at paying less.

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by mat776 » Tue Jan 26, 2016 9:47 am

Thanks for all your replies.

MikeFish - viewed as you describe, old car has 21's and sports exhaust, now standard on PE, there is at least 3k there that is lost immediately on the old car. Plus its 8 months older. Thank you I had not really looked at it like that.

DragonRR - Yes I can drive my current car until the new one arrives, price remains fixed. The car should be here before end of March, but if it takes longer the deal remains the same.

I suppose what I am struggling with is that whichever way you look at it, its still another 10k, for a car which for all practical purposes is identical to my current car. Which is by some distance the best car I have ever driven.
I am not really sure whether I am trying to persuade myself to go for it or not to !

As a another question - I love the 21" black gloss twin spokes. Would spec'ing them on a PE detract from its saleability in a couple of years ? Likewise I am not sure about the longevity of alcantara with kids and time!, could I just spec leather or would it make the car much less desirable ?

Thanks again for your replies

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by mat776 » Tue Jan 26, 2016 9:49 am

Thanks for all your replies.

MikeFish - viewed as you describe, old car has 21's and sports exhaust, now standard on PE, there is at least 3k there that is lost immediately on the old car. Plus its 8 months older. Thank you I had not really looked at it like that.

DragonRR - Yes I can drive my current car until the new one arrives, price remains fixed. The car should be here before end of March, but if it takes longer the deal remains the same.

I suppose what I am struggling with is that whichever way you look at it, its still another 10k, for a car which for all practical purposes is identical to my current car. Which is by some distance the best car I have ever driven.
I am not really sure whether I am trying to persuade myself to go for it or not to !

As a another question - I love the 21" black gloss twin spokes. Would spec'ing them on a PE detract from its saleability in a couple of years ? Likewise I am not sure about the longevity of alcantara with kids and time!, could I just spec leather or would it make the car much less desirable ?

Thanks again for your replies

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by W8PMC » Tue Jan 26, 2016 10:53 am

mat776 wrote:Thanks for all your replies.

MikeFish - viewed as you describe, old car has 21's and sports exhaust, now standard on PE, there is at least 3k there that is lost immediately on the old car. Plus its 8 months older. Thank you I had not really looked at it like that.

DragonRR - Yes I can drive my current car until the new one arrives, price remains fixed. The car should be here before end of March, but if it takes longer the deal remains the same.

I suppose what I am struggling with is that whichever way you look at it, its still another 10k, for a car which for all practical purposes is identical to my current car. Which is by some distance the best car I have ever driven.
I am not really sure whether I am trying to persuade myself to go for it or not to !

As a another question - I love the 21" black gloss twin spokes. Would spec'ing them on a PE detract from its saleability in a couple of years ? Likewise I am not sure about the longevity of alcantara with kids and time!, could I just spec leather or would it make the car much less desirable ?

Thanks again for your replies
The key point though is your current car having depreciated only £10k in 6 months is pretty good going (especially given this are dealer figures), so to write that off & get a brand new better spec/superior model C7 RS6 seems like a no brainer to me as you're kind of getting the PE for free as that £10k change cost really doesn't even cover the depreciation so if i'm reading it right you're in a win/win situation which for Audi dealers is possibly a first.
Paul
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Re: Performance Edition at Audi City (pic content for MikeFi

Post by kmpowell » Tue Jan 26, 2016 11:07 am

If you're on a PCP, also take into consideration that a PE GFV is slightly stronger, so be sure to minus the total savings (either from monthly payment and/or interest) from the £10k 'cost'.
'15 B8 RS4 - SOLD

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by DragonRR » Tue Jan 26, 2016 1:15 pm

W8PMC wrote:
mat776 wrote:Thanks for all your replies.

MikeFish - viewed as you describe, old car has 21's and sports exhaust, now standard on PE, there is at least 3k there that is lost immediately on the old car. Plus its 8 months older. Thank you I had not really looked at it like that.

DragonRR - Yes I can drive my current car until the new one arrives, price remains fixed. The car should be here before end of March, but if it takes longer the deal remains the same.

I suppose what I am struggling with is that whichever way you look at it, its still another 10k, for a car which for all practical purposes is identical to my current car. Which is by some distance the best car I have ever driven.
I am not really sure whether I am trying to persuade myself to go for it or not to !

As a another question - I love the 21" black gloss twin spokes. Would spec'ing them on a PE detract from its saleability in a couple of years ? Likewise I am not sure about the longevity of alcantara with kids and time!, could I just spec leather or would it make the car much less desirable ?

Thanks again for your replies
The key point though is your current car having depreciated only £10k in 6 months is pretty good going (especially given this are dealer figures), so to write that off & get a brand new better spec/superior model C7 RS6 seems like a no brainer to me as you're kind of getting the PE for free as that £10k change cost really doesn't even cover the depreciation so if i'm reading it right you're in a win/win situation which for Audi dealers is possibly a first.
It does seem to be quite a remarkable deal, I would change. Personally I would keep the wheels because I like them anyway but you are probably correct that the car will be less desirable without the PE wheels. In my opinion Alcantara wears extremely well. Don't forget it is used on steering wheels and other heavy wear places. Looks great imo.
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Re: Performance Edition at Audi City (pic content for MikeFi

Post by mat776 » Tue Jan 26, 2016 5:22 pm

Thanks again

Exploring a little further I looked at the gfv differences between 24 month old PE and 34 month old RS6 (April delivery now looks too optimistic)

24 month PE (100k list 10k miles) - 49000
34 month RS (100k list 10k miles) - 38800

Are the figures directly comparable ? Can I really draw the conclusion that whilst I need to find 10k to swap, i will get it back in 2 years ?

Thank you

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by MikeFish » Tue Jan 26, 2016 5:32 pm

Tell the dealer you need to drive one for a day to find out if it's worth the extra outlay. Then come back and give us a decent comparison between the 2. All I've heard so far is a dealer say 'yeah it's noticably quicker' and a non-RS6 driver say it is quicker than the normal one too.

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by Heden » Wed Jan 27, 2016 1:03 am

mat776 wrote:Thanks again

Exploring a little further I looked at the gfv differences between 24 month old PE and 34 month old RS6 (April delivery now looks too optimistic)

24 month PE (100k list 10k miles) - 49000
34 month RS (100k list 10k miles) - 38800

Are the figures directly comparable ? Can I really draw the conclusion that whilst I need to find 10k to swap, i will get it back in 2 years ?

Thank you
You original post got my finger itching, so I contacted my dealer. If I put in 10k I can trade from my 6 month old RS6 to a new RS6 PE (similar spec but added Head-up display (par from 21" and Sports Exhaust). The only thing that kills the deal from my point of view is that the GFV is less and the overall discount (as a percentage) becomes less than on my current car.

My RS6 had a price of £84555 on which I received £11745 discount.

On the PE the price is £92615 and the discount comes in at £11300. <-- This can probably be negotiated further using Orangewheels as benchmark.

The GFV differs by £1136 to my current cars advantage.

All in all, the monthly payments comes in at £300 more for the PE.

So my question is, how does your quote stack up in this regard?

Regards,
Niclas

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by MikeFish » Wed Jan 27, 2016 6:49 am

So that is 10k deposit plus 300 per month? Or just £300 per month? £300 per month over 36 months is equal to 10k plus a bit of interest.

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by mat776 » Wed Jan 27, 2016 10:06 am

Heden wrote: ......
The GFV differs by £1136 to my current cars advantage.
I am not sure why the gfv is quoted as better on your current car, but I am also not the right person to give advice, I take pcp's and then pay them in the first 14 days.

In all the examples I looked at, the gfv quoted was better on the PE.
As other examples on 2 cars if bought today:

34 months 100k list 10k miles PE 43000
34 months 100k list 10k miles RS 38800

24 months 100k list 10k miles PE 49000
24 months 100k list 10k miles RS 44000

I chose to compare 34month old RS to a 24month PE because that's the reality of my situation. I suppose my question I was asking how reliable is the gfv as an estimate of future value ? and is the difference I see between the RS and the PE reasonably trustworthy as might be expected ?

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by W8PMC » Wed Jan 27, 2016 10:36 am

mat776 wrote:
Heden wrote: ......
The GFV differs by £1136 to my current cars advantage.
I am not sure why the gfv is quoted as better on your current car, but I am also not the right person to give advice, I take pcp's and then pay them in the first 14 days.

In all the examples I looked at, the gfv quoted was better on the PE.
As other examples on 2 cars if bought today:

34 months 100k list 10k miles PE 43000
34 months 100k list 10k miles RS 38800

24 months 100k list 10k miles PE 49000
24 months 100k list 10k miles RS 44000

I chose to compare 34month old RS to a 24month PE because that's the reality of my situation. I suppose my question I was asking how reliable is the gfv as an estimate of future value ? and is the difference I see between the RS and the PE reasonably trustworthy as might be expected ?
As it's a Guaranteed value it will be a fair margin less than they expect the car to be worth as they want you to come back at the end of the term for a new toy & not be asking you for much ££.

They can to a degree put any future value into the system to reduce the monthly payments/deposit or a combination of both, however that then wouldn't be a guaranteed figure so if your car's worth less than the figure they input at the end of the term then you'll be stumping up the difference. Not a chance Audi would risk a loss so the GFV is weighted in their favour.

At a guess i'd say you'd get 8-10% more than the GFV when selling.
Paul
03 Black AmD Stage3 C5 RS6 Saloon (Sold)
05 Blue DMS E60 M5 (Sold)
07 Blue DMS B7 RS4 Saloon (Sold)
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Re: Performance Edition at Audi City (pic content for MikeFi

Post by Heden » Wed Jan 27, 2016 10:03 pm

MikeFish wrote:So that is 10k deposit plus 300 per month? Or just £300 per month? £300 per month over 36 months is equal to 10k plus a bit of interest.
That is £10K upfront and another £300/month extra over 36 months.

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by MikeFish » Wed Jan 27, 2016 10:05 pm

So its an extra 20k not 10k over 3 years.

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Re: Performance Edition at Audi City (pic content for MikeFi

Post by Heden » Wed Jan 27, 2016 11:04 pm

MikeFish wrote:So its an extra 20k not 10k over 3 years.
Yes, that is correct. The reason is that a new car almost always loses the most in its first year, in my case around the whole deposit gets eaten up. So changing a car after 6 months is borderline insane :bash:

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