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Hi all,

It's itch time again.

Based on the following rough spec, I've had a couple of options in - one PCP and one PCH. I was wondering what people thought. Many thanks

Sub 10k miles a year owner.

Nardo
EA6 Audi Warranty, 4 years or 75,000 miles WFL Convenience Pack
PA7 Gloss black styling package including air intake duct with quattro logo
4A4 Heated front/rear seats
6FJ High-gloss black exterior mirror housings
5TL Inlays, Black piano finish
N7S Leather/Alcantara diamond stitched design with RS6 emobssing on the front seats
3FU Panoramic glass sunroof WC9 Parking pack
PQR 21" x 9.5J 5-twin-spoke; design black gloss alloy wheels with 285/30 R21 tyres
0P6 Sports exhaust
Advanced key

PCH Quote:
Finance Term: 36 Months
Annual Mileage: 8,000
Road Tax Inc

INITIAL PAYMENT STRUCTURE
Finance Initial Payment £8255.74
Maintenance Initial Payment £0.00
Finance Doc Fee (One off Payment inc.VAT) £0.00
Total Initial Payment £8255.74

MONTHLY PAYMENT STRUCTURE
No. of Monthly Payments 35
Finance Monthly Payment £917.30
Maintenance Monthly Payment £0.00
Total Monthly Payment £917.30

PCP Quote:

Term 49 Months
Cash Price £81,322.90
Less Deposit 20k and 6k Contribution £26,000
Balance £55,322.90
Add Charges £8217.51
Balance £63,540.41
48 months of £679.67
Optional Final Payment £31,041.25
APR 4.8%
Based on 10k miles pa.

Thanks again, my tiny brain struggles with this stuff.

bobjebb wrote:Hi all,

It's itch time again.

Based on the following rough spec, I've had a couple of options in - one PCP and one PCH. I was wondering what people thought. Many thanks

Sub 10k miles a year owner.

Nardo
EA6 Audi Warranty, 4 years or 75,000 miles WFL Convenience Pack
PA7 Gloss black styling package including air intake duct with quattro logo
4A4 Heated front/rear seats
6FJ High-gloss black exterior mirror housings
5TL Inlays, Black piano finish
N7S Leather/Alcantara diamond stitched design with RS6 emobssing on the front seats
3FU Panoramic glass sunroof WC9 Parking pack
PQR 21" x 9.5J 5-twin-spoke; design black gloss alloy wheels with 285/30 R21 tyres
0P6 Sports exhaust
Advanced key

PCH Quote:
Finance Term: 36 Months
Annual Mileage: 8,000
Road Tax Inc

INITIAL PAYMENT STRUCTURE
Finance Initial Payment £8255.74
Maintenance Initial Payment £0.00
Finance Doc Fee (One off Payment inc.VAT) £0.00
Total Initial Payment £8255.74

MONTHLY PAYMENT STRUCTURE
No. of Monthly Payments 35
Finance Monthly Payment £917.30
Maintenance Monthly Payment £0.00
Total Monthly Payment £917.30

PCP Quote:

Term 49 Months
Cash Price £81,322.90
Less Deposit 20k and 6k Contribution £26,000
Balance £55,322.90
Add Charges £8217.51
Balance £63,540.41
48 months of £679.67
Optional Final Payment £31,041.25
APR 4.8%
Based on 10k miles pa.

Thanks again, my tiny brain struggles with this stuff.

Your first problem is these are not like for like quotes due to different terms (3yr and 4yr)

If you look at a three year PCP quote in line with your PCH quote you just need to work out the total costs you pay on each over the term.

PCH quote = £8255.74 deposit plus payments of £917.30 x 35 = £40,361.24 and then you give the car back, no equity for next car.

Working on a 3 yr PCP quote I took from the finance calculator on the Audi website your payments based on 10k per annum are.

Deposit = £20,000 (I didn't included the extra £6k as you don't pay that)
Payments work out at £565.09 per month x 35 payments = £19778.15

Total payable = £39778.15

Therefore PCP is slightly cheaper overall. Also the optional final payment on the car is £42,470.89. You could potentially have some equity in that figure.

I would get yourself another PCP quote over the three year period to confirm

agree with the above. And just for clarity, in your 48 month PCP deal, you'll pay £52624.16 over 48 months, nearly £8.5k of that being interest.

PCP It will be for those interested the spec is now:

Nardo

PA2 Dynamic package
PA7 Gloss black styling package including air intake duct with quattro logo
4A4 Heated front/rear seats
6FJ High-gloss black exterior mirror housings
3FU Panoramic glass sunroof
WC9 Parking pack VW4 Privacy glass
PQ4 21" x 9.5J 5-twin-spoke design black-gloss alloy wheels with 285/30 R21 tyres
0P6 Sports exhaust
Advanced key

Cash price £83,303
Deposit 20k + 6k Allowance
48 monthly payments of £700.64
Total amount payable £92,014.95
8,000 miles pa.

I must admit I've found a quandary with spec - there are things I have added because I want them and things I have added because I think I should have them for resale.

Can you nego on the £6k contribution on PCP with your dealer as broad speed are showing £10.5k currently
If not, then it's well worth travelling a few miles to another dealer if there's £4.5k in your pocket

i went with broadspeed and got a lot more than £10k off (inc the PCP contrib)... obviously timing will play a factor as this was a little while ago, but i get the impression that deals may be easier to come by now.

The full price of that car is around £88,300 so I think he has already got his extra £4.5K discount

Yup, total best discount including a further 1% if I take a week 26 car versus a week 22 one from another dealer is c. £11,200

Waiting for another call before making the decision.

All done... Apparently there's an imminent small price rise?

Anyway settled a deal today on wk 20 build.

Looking forward to having my 4th!

small price rise across the A6 range apparently.

Sorry chaps, one further question if I may for your opinions.

These are the two different options I have to chose from based on the car I have ordered. £87,750.

I'm assuming generally speaking the shorter the term the better providing the monthly payments are where you need them to be?! Obviously the 'total amount payable' is key, but I always struggle with the 'final rental' figure and what this should aim to be.

Here are the two over 2 and 4 years. Historically I have kept my previous RS's for 2 years.

Thanks again, from an ad creative who hates numbers.

I also am a bit miffed! Our dealer only offered the 6k dealer contribution towards our new RS6! Should I have pushed him for more??? Build date now week 23 so not long to go but just had a quote from BroadSpeed with 10k discount??? Has anyone else been down this road??

If this helps, and I'm no expert...

I specced my car last weekend at £87,750

Discount including dealer contribution was £10,447

My broker couldn't beat this, nor the build slot of week 20. I actually didn't even try anywhere else, my broker said take it. We shall see of course if it actually turns up this side of Christmas....

If your dealer is only offering 6k contribution then go somewhere else. Everyone gets the 6k off so not to be offered anymore is a bit <beep>.

I cancelled my order but I was getting over £12k off a £86k list car.