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Used prices

Posted: Sun May 03, 2015 2:31 pm
by hvm5
Noticed now used prices have started to drop below £60k

http://www.autotrader.co.uk/classified/ ... 293022553/
http://www.autotrader.co.uk/classified/ ... 4293035655
http://www.audi.co.uk/used-cars/used-ca ... 26728.aspx? (this one's been on a few a while)

I guess it's a big drop for what those people paid for the cars in 2013, but given that after discounts, the base price of the car is essentially £67k now, I think they need to drop into the 50's for me to consider. Also, I think the facelift is subtle enough that hasn't affected the value of prefacelift cars, correct?

Re: Used prices

Posted: Sun May 03, 2015 3:39 pm
by doodlebug
Not sure the facelift is subtle, there's a number of technology upgrades.

Going to be a while before they are consistently 50s. Always going to get the odd car that goes cheap due to odd spec or time on the books.

Re: Used prices

Posted: Tue May 05, 2015 1:42 pm
by W8PMC
hvm5 wrote:Noticed now used prices have started to drop below £60k

http://www.autotrader.co.uk/classified/ ... 293022553/
http://www.autotrader.co.uk/classified/ ... 4293035655
http://www.audi.co.uk/used-cars/used-ca ... 26728.aspx? (this one's been on a few a while)

I guess it's a big drop for what those people paid for the cars in 2013, but given that after discounts, the base price of the car is essentially £67k now, I think they need to drop into the 50's for me to consider. Also, I think the facelift is subtle enough that hasn't affected the value of prefacelift cars, correct?
Hardly surprising & happens across the spectrum at this price point. Folk will have been paying list price in late 13 & much of 14 for the car so shelling out upwards of £85+k for a half decent spec. Now these cars are dated a little they'll naturally be down in the £50's & will continue to fall on a steady curve. This is then further enhanced by brand new cars being available sub £70k so much of the drop is right there.

When they need to shift metal dropping the price is the only way to do it, after that it's sexy funding offers.