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RS4 Depreciation
Posted: Wed Apr 05, 2006 9:13 am
by stevez
Had my test drive yesterday in the RS4 and have to say it is one sensational car.
My concern however is depreciation of a £50k asset. Anyone any thoughts on what the retail value of a RS4 saloon will be in 2 years time?
Posted: Wed Apr 05, 2006 9:40 am
by Simon_M
Some mags (Autoexpress) are saying same as S4, 50% after 3 years. I think this is just them being lazy and using the S4 figures to be honest.
best bet is to get a finance quote from the dealer with a 'guaranteed future value' in 2 years. Take this as the worst case scenario.
Posted: Wed Apr 05, 2006 12:51 pm
by harry
And bare in mind Steve that all cars except out and out classics that have limited availability ARE depreciating assets. Its the nature of the beast I'm afraid.
Posted: Wed Apr 05, 2006 1:40 pm
by Gekko
Unfortunately it's something Audi suffers by more to an extent than BMW by comparison- I'm intending to keep mine until new M3 arrives next year- I know I'll lose money without a doubt.... as to how much? God knows- perhaps £4k, possibly £8k!?? I know I won't lose a penny even if I kept the M3 3 months or so, maybe lose 2-3K in 8-10 months. When I looked at nice, fat, RS6 on the forecourt recently, I asked about buying it whilst waiting for the RS4- cost was £34k.... they said they'd buy it back off me when the RS4 arrived for £30.... basically a loss of £4k in 6 weeks!!!! He then told me that the same RS6 would lose around £8k a year on average for the next 2-3 years. Comparatively the M5 has done much better. Damn branding!!!!
Posted: Wed Apr 05, 2006 6:36 pm
by audimartin
Simon_M wrote:Some mags (Autoexpress) are saying same as S4, 50% after 3 years. I think this is just them being lazy and using the S4 figures to be honest.
best bet is to get a finance quote from the dealer with a 'guaranteed future value' in 2 years. Take this as the worst case scenario.
the S4 isn't quite as limited with production /sale numbers. i would estimate that the RS will be at least 5 if not 10% higher
Posted: Wed Apr 05, 2006 8:54 pm
by Daz
My dealer mentioned 50% in 4 years when we talked about finance on the cab.
Posted: Wed Apr 05, 2006 9:44 pm
by Merlot
High thirties trade? If so this would be an average loss of c£15k. That's cheap motoring for that level of performance.
Posted: Thu Apr 06, 2006 3:07 pm
by Iain
We are getting residuals values off our funder of 30k after 5 yrs. This compares with only 22k on the new M5 after the same period.
PM me for more details.
Posted: Thu Apr 06, 2006 9:21 pm
by Merlot
Iain wrote:We are getting residuals values off our funder of 30k after 5 yrs. This compares with only 22k on the new M5 after the same period.
PM me for more details.
WOW!
Posted: Fri Apr 07, 2006 9:58 am
by Davey_B
Lombard, who finance all of our fleet, gave me a balloon finance figure of £17K after 5 years.
Posted: Fri Apr 07, 2006 2:37 pm
by johneroberts
£27-32K depends on spec and milage after 3 years
jr
Posted: Sun Apr 09, 2006 10:17 am
by Fluff
Iain wrote:We are getting residuals values off our funder of 30k after 5 yrs. This compares with only 22k on the new M5 after the same period.
PM me for more details.
Bloody hell, that's good. Who's this with Iain ???
Fluff
Posted: Mon Apr 10, 2006 12:15 pm
by Iain
Fluff,
The finance deal is via the company I work for. We supply and finance all sorts.
PM me for more details
Iain
Posted: Mon Apr 10, 2006 1:03 pm
by Fluff
Hi Iain
You have PM
Fluff
Posted: Mon Apr 10, 2006 10:11 pm
by fishface
Iain, can you explain what this means. Does your company agree to buy back in 5 years at £30k because they are so sure of the residuals or is it that they will make so much money on the finance in that time that even if they move the car on for £5k less they are still quids in?