How much do you think audi offered me for my car?

4.2 V8 32v Naturally Aspirated - 414 bhp
User avatar
alex_123_fra
4th Gear
Posts: 649
Joined: Sun Apr 16, 2006 8:57 pm

Post by alex_123_fra » Sat Jun 14, 2008 11:27 am

I fear we are now entering a poor time to sell cars like these. Buyers are laughing as they can negotiate stupid amounts of money off.

I sold mine to audi for £38k (bought for £42k 9 months previously). They had it on the audi approved site for 4 months initially for £43 k and dropping steadily to £41k over the course of its time there. I would have thought, whoever bought it paid a lot less than that too. No wonder they are offering such low part ex prices now.
Current: C7 RS6 - Black, VW Passat CC R36 - Black, Freelander 2 - Black
Sold: 911 C4S (991) - Black, Panamera Turbo ('11) - Carrera White, Nissan GT-R - DMG, B8 S4 - Phantom Black, B7 RS4 - Daytona grey saloon, Noble M400, Golf R32, Evo VIII MR, M3, Cooper S, Civic Type-R, BMW 120D (black), Mazda 6 MPS

User avatar
audijohn
5th Gear
Posts: 1076
Joined: Wed Mar 22, 2006 6:25 pm
Location: South

Post by audijohn » Mon Jun 16, 2008 2:27 pm

hunty wrote:there is a BIG drop coming on these cars, the trade prices being offered is not due just to excessive mark up - they are not selling.

There are main dealers with 50 cars in stock all of which were purchased over the current book price - the market has collapsed and dealers are faced with serious stock problems - even huge dealer networks like Sytner are simply not buying stock

They may ask for £47k but there will be NO takers

The country is about to implode with fuel prices, rampant inflation, housing crash etc.

If people dont need it they are not buying it
You have it, RS4 or not no one wants them, my mate got offeredd very poor RV on his, tried to sell private; to date no one offered anything! :(
He will end up back at the stealers and get shafted, but the stealers can't shift them either, so LOW RV, this is not just RS4, the new M3 saloons are gathering dust in showrooms, no one wants them. :?
My mate has sold his ML63 AMG, under a year old 6K on the clock for 38K, thats the best offer he got and it's almost HALF what he paid for it.

55JWB
3rd Gear
Posts: 477
Joined: Tue Nov 18, 2003 8:04 am
Location: The Midlands

Post by 55JWB » Mon Jun 16, 2008 4:18 pm

Dealers have us over a barrell, very few people will want to part with £40k privately for a car, I for one certainly would not like to sell this kind of car privately... I have just been through this myself, I was orginally bid £34k for mine which was going to sell thru a dealer for £42k any day of the week.. I got a good deal more than the £34k but not from the dealer supplying my new car and I know they sold it in within 3 days at the £42k... with mine there were no costs to bear either, no wheel refurbs, tyres or brakes to worry about, it was valleted to a higher standard by me than they would have sent it out as anyway... its gut wrenching but one of those things...
Image

June 08 S5 ¦ Phantom Black ¦ Black Silk Nappa Interior ¦ Carbon Trim ¦ DVD Nav Plus ¦ DAB Radio ¦ AMI ¦ Phone Prep High ¦ Bang & Olufsen ¦ Parking Plus ¦ Heated Memory Seats ¦ Auto Dipping Rear & Side Electrically Folding Mirrors ¦ Adaptive Xenon's and no Mod's just yet ;)

Robbo66
2nd Gear
Posts: 132
Joined: Sun Feb 05, 2006 10:00 pm

Post by Robbo66 » Mon Jun 16, 2008 5:13 pm

Have to agree, following my cancellation of the RS6, the dealer rang me and offered me a significant discount (and I mean considerable) to reconsider and take delivery of the NEW RS6.

That has never happened to me before and I find it both remarkable .....and worrying.

Now if there was ever a white elephant.....the RS6 is.

User avatar
audijohn
5th Gear
Posts: 1076
Joined: Wed Mar 22, 2006 6:25 pm
Location: South

Post by audijohn » Mon Jun 16, 2008 9:44 pm

Robbo66 wrote:Have to agree, following my cancellation of the RS6, the dealer rang me and offered me a significant discount (and I mean considerable) to reconsider and take delivery of the NEW RS6.

That has never happened to me before and I find it both remarkable .....and worrying.

Now if there was ever a white elephant.....the RS6 is.
Mate you did the right thing dropping it, it will loose an absolute fortune over the next few months, I recon it would be worth almost half price in one year :cry: and thats no joke.

Dom81
Top Gear
Posts: 2124
Joined: Fri Jan 19, 2007 12:00 am
Location: London

Post by Dom81 » Mon Jun 16, 2008 10:25 pm

audijohn wrote:You have it, RS4 or not no one wants them, my mate got offeredd very poor RV on his, tried to sell private; to date no one offered anything! :(
He will end up back at the stealers and get shafted, but the stealers can't shift them either, so LOW RV, this is not just RS4, the new M3 saloons are gathering dust in showrooms, no one wants them. :?
My mate has sold his ML63 AMG, under a year old 6K on the clock for 38K, thats the best offer he got and it's almost HALF what he paid for it.
I imagine that no-one wants to buy the sofa I bought last year, the suit I bought last month or the paper I bought this morning. I bought the car to drive (which it does rather well) and not to trade...

Obviously we all need to move on at some point (and it's a bummer about the current climate) but surely we opened ourselves to shafting the minute we wrote the cheque?!
2007 Daytona RS4 Avant

ARSEY4
5th Gear
Posts: 1146
Joined: Tue Apr 24, 2007 5:58 pm

Post by ARSEY4 » Mon Jun 16, 2008 10:44 pm

Dom81 wrote:
audijohn wrote:You have it, RS4 or not no one wants them, my mate got offeredd very poor RV on his, tried to sell private; to date no one offered anything! :(
He will end up back at the stealers and get shafted, but the stealers can't shift them either, so LOW RV, this is not just RS4, the new M3 saloons are gathering dust in showrooms, no one wants them. :?
My mate has sold his ML63 AMG, under a year old 6K on the clock for 38K, thats the best offer he got and it's almost HALF what he paid for it.
I imagine that no-one wants to buy the sofa I bought last year, the suit I bought last month or the paper I bought this morning. I bought the car to drive (which it does rather well) and not to trade...

Obviously we all need to move on at some point (and it's a bummer about the current climate) but surely we opened ourselves to shafting the minute we wrote the cheque?!
I originally thought that this car would not break the 30k barrier in 3 years but now it looks as though it will do it in 2 years. Im sure this would not of been the case had it not been for the fuel problem.
I see Toyota have sorted the first hydrogen powered car, maybe this will now spurr manufacturers to make this technology available to the masses.

SR71
5th Gear
Posts: 1376
Joined: Fri Jan 20, 2006 9:58 am

Post by SR71 » Tue Jun 17, 2008 12:07 am

If you drive your car ~8000 miles/year and do about 250 miles per tank, you need 32 tanks a year.

I reckon a full tank used to cost ~£60....now it cost ~£75.

The difference is ~£500/year.

Now tell me that the kind of owner who spends £50K on a car worries about that kind of cash over a year?

The rising cost of fuel merely incentivizes me to stick two fingers up at the establishment in this country who would tax or legislate us out of existence if they could....to fund their public pensions....

I just don't subscribe to the idea that potential RS4 owners worry that much about fuel economy. If you scrape 30mpg out of the bloody thing on the motorway, with diesel being 20% more expensive, isn't that like getting 36mpg?

Thats pretty decent in my book.

F**k the dealers with their phony arguments and those neanderthals suggesting 30mpg from a V8 is s**t and will precipitate an ice-age.

;-)
58 C6 RS6 Stage 2+
58 C6 A6 Allroad 2.7 TDi

Previous:

2000 B5 S4 MRC 550 Saloon
2007 B7 RS4 Saloon
1994 S2 Coupe

Robbo66
2nd Gear
Posts: 132
Joined: Sun Feb 05, 2006 10:00 pm

Post by Robbo66 » Tue Jun 17, 2008 8:29 am

I tend to agree with the theory regarding petrol prices not making a huge difference to the residual value of a car such as the RS4.

What makes the difference id the numbers out there, and as in the case of the new RS6, the ludicrous initial price.

I can't believe I'm still hearing the argument that we ' opened ourselves up to a shafting blah blah blah...'
We ALL know that....it's the level and speed at which something can and will depreciate that's the issue.

All I know is that if your looking to spend circa £50k on ANY car, but particularly Audi....your going to lose at least £1000 per month.

As regards the RS6, and following the discount I was offered, I reckon at at least £30,000 in 12 months.

Now that's ridiculous.

User avatar
APM
3rd Gear
Posts: 251
Joined: Tue Mar 11, 2008 12:14 am

Post by APM » Tue Jun 17, 2008 10:01 pm

:<beep>_you: i bought an rs4 because i wanted one and i can afford to run one,i got mine for 60% of what it was new,the first owner had the big hit,over a £1000 a month for 24 months,cars are one the worst products for depreciation.There are some on here who hardly use their cars and so reason that they are still worth nearly new prices.
if petrol doubles and road tax quadruples i'll still have it because i want it.
so when i come to sell in the not to distant future i won't be asking 40-45k,
nearer 30k.

neckarsulm
Cruising
Posts: 4468
Joined: Mon Aug 14, 2006 1:13 pm
Location: The Point

Post by neckarsulm » Thu Jun 19, 2008 9:00 am

If you drive your car ~8000 miles/year and do about 250 miles per tank, you need 32 tanks a year.

I reckon a full tank used to cost ~£60....now it cost ~£75.

The difference is ~£500/year.

Now tell me that the kind of owner who spends £50K on a car worries about that kind of cash over a year?
Well said SR71, the problem is the actual impact on people is hyped up by the media.
What gets me is that people forget they still need to drive from A to B in a car and unless you go for a flimsy, low powered hatch that will disintegrate in an accident and deafen you on the motorway or a diesel (which does 20% better MPG but costs 10% more to fuel and a lot more to buy) you'll still be doing 30mpg or so against 20-25 mpg in an RS4.
So £500 year difference in fuel per year for RS4 owners is still £330 for normal car owners so the real difference is under £200, a week's depreciation!

We need to be patient and ride this out as people will slowly get used to the situation, it's people panicing and dumping their cars now that's causing the oversupply.

Also this time of year is a notoriously slow time in the motor trade what with holidays (people without kids prefer May and June) and the economic slow down headlines have clashed with it making matters worse.

People still love performance cars, the popularity in track days and Top Gear viewing figures confirms that, and the RS4 is one of the best so there will always be demand in the longer term.
[youtube]https://youtu.be/-I1Ok9LTn6o[/youtube]

ARSEY4
5th Gear
Posts: 1146
Joined: Tue Apr 24, 2007 5:58 pm

Post by ARSEY4 » Thu Jun 19, 2008 11:41 am

Well after a quite ridiculous offer from one Audi garage i have accepted an offer from another dealer which was not a milliion miles from the asking price and 6k more than Sytner offerred. I also had 2 other offers on the table as well as another person who was very interested.
Good news for you lot and if I can get what I want in the current market id say that that looks good for firm residuals for everyone else.
I will still be lurking and I have a few things I will be selling.

Dom81
Top Gear
Posts: 2124
Joined: Fri Jan 19, 2007 12:00 am
Location: London

Post by Dom81 » Thu Jun 19, 2008 12:01 pm

Congratulations - better news all round!
2007 Daytona RS4 Avant

Post Reply

Return to “RS4 (B7 Typ 8E) 2006–2008”

Who is online

Users browsing this forum: No registered users and 134 guests