GFVs much worse?

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4.0 V8 40v biturbo TFSI - 597 bhp (Performance)
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MSF21
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Joined: Sat Mar 12, 2016 7:35 pm

GFVs much worse?

Post by MSF21 » Wed May 04, 2016 10:20 pm

Guys
Just saw an old thread on PH from 2015
Interesting as I have also been quoted c 14% off a new car, but the GFV is nearer £38-39k. No where near £46k, and thus the monthlies are materially higher (more like £1100 all in)

Food for thought !

Here is old post from Feb '15

Specced an RS6 up but unsure as to which colour combo to pick.

Must have's for me are...

21' Titanium Wheels (£2,000)
Gloss Black styling pack (£980)
Privacy Glass (£390)

Not fussed really with any other options, best way to minimise the depreciation element.
List price - £81,365
Discounted price - £70,338
Saving - £11,027 (13.55% discount)

Guaranteed future value at 36 months = £46,258 which means it is losing £24,080 over 3 yrs, roughly £8,026 per year or £669pm. It is retaining 65.76% of its value at 3 yrs in the spec I have it in at discounted price or 56.85% from its list price.

£5k deposit
35 payments of £770
Total amount payable = £31,970 ( £888 cost per month)

or

£7.5k deposit
35 payments of £693
Total amount payable = £31,755 (£882 cost per month)

S4WON
Top Gear
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Re: GFVs much worse?

Post by S4WON » Wed May 04, 2016 10:23 pm

Your new quote, is that on a PE? Id imagine PEs have hit residuals of non PEs

If u want new now, go PE

doodlebug
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Location: Somewhere. Maybe.

Re: GFVs much worse?

Post by doodlebug » Wed May 04, 2016 10:26 pm

PE or not residuals now shot. Loads of cars in the market, massive discounts, not surprising really.

MSF21
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Re: GFVs much worse?

Post by MSF21 » Thu May 05, 2016 7:29 am

My quotes had a GFV of £39.9k on a PE and £38.3 on normal RS6
So infact the PE depreciated more as a % of price
Which is contrary to what I was expecting, and is making lease payments quote rich !

Markp
5th Gear
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Re: GFVs much worse?

Post by Markp » Thu May 05, 2016 11:14 am

My GFV last year - 2016 model car good spec - was 35k after 45k miles and 3 years.

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TobyRS4
2nd Gear
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Re: GFVs much worse?

Post by TobyRS4 » Fri May 06, 2016 10:54 am

GMFV's have dropped across the industry on the whole, if you have zero intention of ever owning the car or any future potential equity id look into Personal Contract Hire (PCH) at the minute a lot of manufacturer support and margin discounts as it forces a customer rotation cycle and thus more new cars on the roads.

Manufacturers change tact, from MRRP discounts to deposit contributions, to finance rates all to attempt to manipulate the market counter slumps and ultimately sell more cars.
Sprint Blue B7 RS4 - Black/Titanium optics, Anthracite OEM 19's, De-resonated OEM Exhaust, TTRS FBSW, MRC Stage 2 De-flapped manifold, Full Carbon Clean, MRC Stage 2 Re-map, 431.5 BHP...... must...not...spend....more...

MSF21
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Re: GFVs much worse?

Post by MSF21 » Fri May 06, 2016 10:57 am

Thanks
My current C63 is on a 2yr lease and its very cheap
I would be very happy continuing to lease and swap into a new one every 2-3 yrs
I was not aware Audi did much PCH - seems more BMW/MB?

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