Thoughts on this ?

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S4WON
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Re: Thoughts on this ?

Post by S4WON » Tue Jan 31, 2017 8:25 pm

That is worth way more than wbac .

If I was selling, it price it at 38999 for a quick sale.
He will get 40 if hes in no hurry unless there is something wrong with it

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noidea
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Re: Thoughts on this ?

Post by noidea » Tue Jan 31, 2017 9:00 pm

I thought it was a bit low! I am not sure they really want any car over £20k unless it is cheap!

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Graeme4130
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Re: Thoughts on this ?

Post by Graeme4130 » Tue Jan 31, 2017 9:18 pm

114uyc wrote:I have been on the hunt for a few months now, not called or seen this one yet http://www.autotrader.co.uk/classified/ ... 500&page=3 it's almost the right spec that I am after
Be careful posting links up for Autotrader searches, as when I clicked on it, it shows me your full postcode
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Re: Thoughts on this ?

Post by Surrey Sam » Tue Jan 31, 2017 9:37 pm

WBAC is owned by BCA (British Car Auctions), they value stuff below CAP average allowing them some margin should it need go to auction.

CAP is also just an industry guide price and better suited to your mass produced vehicles, rather than performance models. I was speaking to one of the CAP valuers last week albeit about commercial stock and how well certain vehicles were performing against book. Best thing to do, is just keep an eye on what sells as that will actually tell you what the market is doing. The grey one if presented well, will sell for circa 40k given a bit of time because of the missing Pan Roof, as alluded to earlier.
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Re: Thoughts on this ?

Post by Acprc » Wed Feb 01, 2017 9:21 am

I would still factor in a set of tyres and new brakes onto the 40k asking price. Tyres will easily cost £800-900 or more and disks and pads are not cheap at all. Whilst 40k is near top end for a 2014 this is money you wont then have to go out and spend straight away. You could avoid 2k in bills that have been done already. Easy to buy one at 38k then spend 2k getting it sorted. Also the Thatcham Tracker may reduce any insurance premium and save you again.
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Re: Thoughts on this ?

Post by kmpowell » Wed Feb 01, 2017 10:59 am

Surrey Sam wrote:The grey one if presented well, will sell for circa 40k
It very much doubt it. Not when there are 2015 cars available from a main dealer, for a lot less.

I sold my very low mileage car 2015 car in mid November last year. I got £39k p/x for it from a non Audi dealer, which was a huge fight to get that amount! Some bids I received were as low as £35k (from Audi dealers), but on the whole they were coming in at £37-38k. I put it up privately and the only interest was sub £40k, so there was no point selling private.

Trust me, WBAC prices are not that far away from CAP. WBAC were bidding £38k for mine at the time, a quick check now shows it at c£35k, so the earlier prices being quoted for a 2014 car seem spot on to me.

The arse has fallen out of the the B8 market, and the £40k+ priced cars are not shifting, so trade bids are now low as dealers don't want to take teh risk having stock sitting about, which in turn is dragging the market down. My old car was put up at £45k, but it was reduced slowly week after week, it disappeared the 2nd week of January when it was priced at £40,500.
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Re: Thoughts on this ?

Post by Surrey Sam » Wed Feb 01, 2017 1:04 pm

Red RS4's are never easy to sell, so they need to be cheaper. Grey, Black, Blue and possibly White, now it's back in vogue are the colours that have always moved well. In all RS4 generations.

I've just had a look on the Audi AUC site this morning and there is only 1 single 2015 car (64 reg) that is sub £40k and it looks a bit ropey with at best, an average spec. The rest of the 2015's are starting at 5k more. Yes, I certainly agree the B8 market is soft right now, loads have been finishing their PCP deals and being handed back. So the market is re-adjusting.

Cars that are either pre MY14, half leather, high mileage, un-desirable colour or poorly specified will languish. Whilst those which are not, will sell. B9 will be £60k with a couple of options ticked and 18 months away, so there is sufficient spread for B8's at the £30k to £48k area.

If the grey one was advertised by a dealer with finance facilities, it would have sold by now. People with circa £40k in cash to spend on a car, are not a common occurrence.
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Re: Thoughts on this ?

Post by kmpowell » Wed Feb 01, 2017 1:59 pm

Surrey Sam wrote:Red RS4's are never easy to sell, so they need to be cheaper.
Colour plays no major part in the 'trade' value of a B8. The only major factors are is whether a B8 has a the pan roof and Sports Pack or not. The rest is immaterial, and even then we aren't talking thousands of pounds difference. Misano on the B8 sold very well. Just because you may not like it like it, there were plenty that did. This isn't the B7.
Surrey Sam wrote:I've just had a look on the Audi AUC site this morning and there is only 1 single 2015 car (64 reg) that is sub £40k and it looks a bit ropey with at best, an average spec.
Average spec and ropey? It's your so called 'desirable' colour with average miles, Sports Pack, B&O, Black Styling, Tech Pack advanced - £38.5k. How much do you think they gave for it? I can ring Aidan at Shrewsbury Audi and ask him if you want me to find out (I know him very well), but I can tell you it would be £34-35k which is what I stated the trade value for an early 2015 car is. There's plenty of 2015 cars hovering around £40k (look on Autotrader), so a 14/14 car at £40k is over priced in the current market.
Surrey Sam wrote:B9 will be £60k with a couple of options ticked and 18 months away,
Tell us more, even though there is no information about the B9 due to the type approval problems they currently have with the TTRS, and the ongoing emissions scandal...
Surrey Sam wrote:If the grey one was advertised by a dealer with finance facilities, it would have sold by now.
A totally irrelevant statement. If a dealer had it on for £40kthey would have paid a lot less than £40k for it, which is my whole point about trade values.

You can talk values up as much as you want, but in reality screen values are all over the place as the market tries to find its feet, but trade values are rock bottom. The cars over £40k screen have been sat there for a while. If you walked into any of those dealers an offered £40k for one of their 2015+ RS4's which is at £42-43k and they've had for ages, they'd bite your hand off, because for each week that goes by they have to write down the values and lose money.
Last edited by kmpowell on Wed Feb 01, 2017 2:48 pm, edited 1 time in total.
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Re: Thoughts on this ?

Post by PSB1 » Wed Feb 01, 2017 2:08 pm

Financially, glad I got out of mine in September - I got just shy of 40k with 16k miles, but I still keep looking at them. Great looking cars!
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Re: Thoughts on this ?

Post by too hot » Wed Feb 01, 2017 2:12 pm

I`m loving this!
I am looking for one just now and just reading this thread is saving me £5k.
If it keeps going I might change my mind and save myself £35k !!!!

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Re: Thoughts on this ?

Post by Ian_C » Wed Feb 01, 2017 2:59 pm

kmpowell wrote:
Surrey Sam wrote:I've just had a look on the Audi AUC site this morning and there is only 1 single 2015 car (64 reg) that is sub £40k and it looks a bit ropey with at best, an average spec.
Average spec and ropey? It's your so called 'desirable' colour with average miles, Sports Pack, B&O, Black Styling, Tech Pack advanced - £38.5k. How much do you think they gave for it? I can ring Aidan at Shrewsbury Audi and ask him if you want me to find out (I know him very well), but I can tell you it would be £34-35k which is what I stated the trade value for an early 2015 car is. There's plenty of 2015 cars hovering around £40k (look on Autotrader), so a 14/14 car at £40k is over priced in the current market
This car is the one I was referring to in the other thread two days back, does look a bargain compared to others. Lots of extras- just no buckets and no pan roof

When we were A3 hunting, we did look as old as two years if the spec and mileage were good, one option we considered was to negotiate a years extended warranty up front as part of the deal, ie. a two year old car with two years warranty remaining. Ended up with a six month old car, the 2.5 years factory warranty is a huge factor imo
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Re: Thoughts on this ?

Post by Surrey Sam » Wed Feb 01, 2017 4:04 pm

kmpowell - If we took your line of thinking, everybody should be advertising at trade price and then paying trade price. There would be no used car industry then. Take Riv's car, two years older than yours and double the mileage, yet it went for near enough what your own car did and in a matter of days. How does that work? You'd have valued it at low 30's. You say I'm talking up the market, yet you're doing the exact opposite, so we'll never see eye to eye on this.
Paul789 wrote:I got just shy of 40k with 16k miles, but I still keep looking at them. Great looking cars!
I really wanted to get into a GTS, just a bit beyond me though. They haven't really moved value wise in 2 years, in fact I believe they dipped to about £56k and since the 718 got such a very flat reception, have risen back over £58K which certainly helps you owners. Do you ever find the Cayman a bit slow compared to your old B8?
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Re: Thoughts on this ?

Post by kmpowell » Wed Feb 01, 2017 4:34 pm

Surrey Sam wrote:kmpowell - If we took your line of thinking, everybody should be advertising at trade price and then paying trade price.
That's not what I'm saying. If trade value for a car is £32-33k, then a screen price of £40k is unrealistic and overpriced, regardless of it being private/indi/franchise.

Out of curiosity this afternoon I put the grey car (the one in the OP's original post) into the CAP system to see what they say a buyer should pay for it in a private sale...

Average private sales price £33800 - £35300

That tells you everything you need to know about the ridiculous £40k price being asked.

Oh, and Silas's car wasn't two years older than mine, it was a very individual car and it had a £10k plus price difference to start with, so I'm not surprised if it fetched more than trade price. Try that exercise with a more indicative example.
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Re: Thoughts on this ?

Post by Surrey Sam » Wed Feb 01, 2017 5:50 pm

You're missing the point. As a buyer you can go view all the cars in the world and offer them "trade in price" 5-8k below what the asking price is. Doubt anyone will be polite to you and they certainly won't be selling you their car. CAP is a trade tool and an indication of expected auction price, totally irrelevant to an individual shopping within the retail market.

FYI - Riv was a '13 and according to you, sports pack and pan roof are the only things to factored in on price. Riv had no panroof, so using your line of thinking it would be valued around £32-£34k. The market spoke differently though. Like I said, we won't see eye to eye on this and we're just going around in circles. I'm leaving it there.

Riv.jpg
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Re: Thoughts on this ?

Post by kmpowell » Wed Feb 01, 2017 6:04 pm

Surrey Sam wrote:You're missing the point. As a buyer you can go view all the cars in the world and offer them "trade in price"
No, you're the one missing the point, very badly. I'm NOT saying a buyer should offer trade price, that's just stupid! I'm saying a private sale price (to be salable) has to be realistic in relation to a trade-in-price, and what dealers are selling at.

Trade price - cheapest
Private price - next
Indi - next
Franchise - next.

In the current market, and with current values, anybody who pays £40k for the grey car in the OP's post, is a moron. As was very clear above, if trade price for that car is £33k and CAP value it as £35k for a private sale, that tells you all you need to know about the £40k asking price. CAP/trade is not "totally irrelevant to an individual shopping within the retail market", it is totally relevant, it dictates ALL market values because it dictates margin at a dealer level which in turn pitches private sale prices where they have to be in order to be attractive to tempt somebody away from the 'security' of a dealer.

You can keep using RIV's car all you want, that isn't an indicative example, it's not a normal car, therefore isn't the 'market'.
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