S3 Trade-in value

SpeedyFrog said:
PCP is silly money... But this time around I wanted 4 things for my car: 1) Be the 1st owner knowing that apart from the Audi guys etc.. the car has not been driven by anybody else, 2) Choose exactly the options and colour I wanted, 3) S- Tronic and 4) Not have to worry about warranty for the next 4 years. :racer:
No way in hell I'd buy a used car with S Tronic and I really wanted to drive the car away and think wih a big grin that's it that's my baby (minus the obvious fact it still belongs to the finance company... But let's put that aside for now!). Also been a while I haven't spec'ed a car myself so always had to accept what someone else enjoyed having as options somehow... and I wouldn't trust 3rd party warranties!
So there you go :) But of course I'm paying silly money for the privilege :scared2:
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I think the phrase 'silly' comes under the same category as 'man maths'....Anyway as long as you are happy then that's all that matters.....Personally I'm as happy as pig in sh*t with my/finance company car...lol
 
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pburv said:
I think the phrase 'silly' comes under the same category as 'man maths'....Anyway as long as you are happy then that's all that matters.....Personally I'm as happy as pig in sh*t with my/finance company car...lol
Click to expand...
That ^^ of course :D
Oink Oink!
 
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SpeedyFrog said:
PCP is silly money... But this time around I wanted 4 things for my car: 1) Be the 1st owner knowing that apart from the Audi guys etc.. the car has not been driven by anybody else, 2) Choose exactly the options and colour I wanted, 3) S- Tronic and 4) Not have to worry about warranty for the next 4 years. :racer:
No way in hell I'd buy a used car with S Tronic and I really wanted to drive the car away and think wih a big grin that's it that's my baby (minus the obvious fact it still belongs to the finance company... But let's put that aside for now!). Also been a while I haven't spec'ed a car myself so always had to accept what someone else enjoyed having as options somehow... and I wouldn't trust 3rd party warranties!
So there you go :) But of course I'm paying silly money for the privilege :scared2:
Click to expand...

Certainly agree about 3rd party warranties, but if its only say 2yrs old, don't you have the option to extend the warranty with Audi?

Must of been just me, but I didn't find the whole new car experience any more or less rewarding than buying used...I never go heavy on the options as they have such an impact on the finance, so if anything buying used ables me to afford a bunch of tech and shiny bits that I couldn't get new...

I also quite like the idea of getting a slightly less well cared for car and using all my dealing gear to getting it looking better than brand new :)
 
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You can only extend the manufacturer/factory warranty at the point of buying new. Any warranty bought afterwards through the Audi dealer is something different and probably not as comprehensive as factory, but I'd expect would still cover major concerns such as s-tronic etc.


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pauly69 said:
You can only extend the manufacturer/factory warranty at the point of buying new. Any warranty bought afterwards through the Audi dealer is something different and probably not as comprehensive as factory, but I'd expect would still cover major concerns such as s-tronic etc.
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Mmm I think at the end of the normal 3y warranty period you have the option to extend for a 4th year or for a 4th and 5th year and these warranties are the same as you had for the initial 3y period. Also if you extend only for a 4th year then at the end of the 4th year you should be able to extend for a final 5th year. However if at the end of the initial 3y period you choose not to extend then yes you effectively get out of the Audi warranty system. You can also buy the 4th and 5th year of warranty at the beginning of ownership if you want to.

Or am I wrong here??

I actually need to know because I'm going to be on a 4y PCP and it's my plan to extend for a 4th year towards the end of the initial 3y warranty so that I don't buy it at the beginning of ownership in case I decide to part company with car after 3 years (no need to pay another £245 or something for a car I don't own anymore)
 
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DrEskimo said:
Certainly agree about 3rd party warranties, but if its only say 2yrs old, don't you have the option to extend the warranty with Audi?

Must of been just me, but I didn't find the whole new car experience any more or less rewarding than buying used...I never go heavy on the options as they have such an impact on the finance, so if anything buying used ables me to afford a bunch of tech and shiny bits that I couldn't get new...

I also quite like the idea of getting a slightly less well cared for car and using all my dealing gear to getting it looking better than brand new :)
Click to expand...
2y old is fine and 4th/5th year audi warranty should be ok too.
But see my points 1 and 2. Basically I'd like (for once) a car when I know someone hasn't been farting on my Super Sports Seats for the last 2 freaking years ;-)
 
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SpeedyFrog said:
2y old is fine and 4th/5th year audi warranty should be ok too.
But see my points 1 and 2. Basically I'd like (for once) a car when I know someone hasn't been farting on my Super Sports Seats for the last 2 freaking years ;-)
Click to expand...

Ha nothing a bit of Febreeze and Dettol won't solve :p

Nah thats fair enough. I certainly see the appeal. Just surprised that it wasn't as important to me as I thought it would be...
 
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DrEskimo said:
Ha nothing a bit of Febreeze and Dettol won't solve :p
Nah thats fair enough. I certainly see the appeal. Just surprised that it wasn't as important to me as I thought it would be...
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It's just knowing it has been done... Repeatedly... that annoys me :D (1st world problem I know)
I'm sure the appeal will dimishish sharpish after a few months of paying the sharks at VW Finance... But hey ho :)
 
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SpeedyFrog said:
It's just knowing it has been done... Repeatedly... that annoys me :D (1st world problem I know)
I'm sure the appeal will dimishish sharpish after a few months of paying the sharks at VW Finance... But hey ho :)
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I am sure the time span will be quite long before you start grudging your monthlies mate roundabout the time the New S3 comes oot...lol,l still don't but come the 3rd year l definitely will,but that's just the way l am wired
 
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SpeedyFrog said:
2y old is fine and 4th/5th year audi warranty should be ok too.
But see my points 1 and 2. Basically I'd like (for once) a car when I know someone hasn't been farting on my Super Sports Seats for the last 2 freaking years ;-)
Click to expand...

.....don't buy a car off me then ***!! lol
 
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Just thought I would have a look on Auto Trader again to see what lowest price 8V S3 is.

There is one at £19995......but it's a CAT D!

Cheapest 'straight' one is £21.5k for a 63 plate with 33k on the clock. Black/manual/3door/private seller/2 owners.

I think they are holding value pretty well tbh.
 
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Well if someone is wants a 64 plate SB with half that mileage I'll do it for 23K with 3 years FACTORY warranty remaining ;)


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Soulboy said:
Just thought I would have a look on Auto Trader again to see what lowest price 8V S3 is.

There is one at £19995......but it's a CAT D!

Cheapest 'straight' one is £21.5k for a 63 plate with 33k on the clock. Black/manual/3door/private seller/2 owners.

I think they are holding value pretty well tbh.
Click to expand...

Yeah but they are Trade prices...???
 
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Soulboy said:
Just thought I would have a look on Auto Trader again to see what lowest price 8V S3 is.

There is one at £19995......but it's a CAT D!

Cheapest 'straight' one is £21.5k for a 63 plate with 33k on the clock. Black/manual/3door/private seller/2 owners.

I think they are holding value pretty well tbh.
Click to expand...
Didn't think of that...Cheapest S3 saloon is £26000 on a 14 plate with 18k on the clock...
 
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The End Game is..your never going to make much money if any selling privately, to break even on your settlement figure is the best you'll do,roughly off the top of my head l know what my settlement figure will be come March after 2 years ownership,l also know roughly how much l will get for my car..mileage included...condition and spec comes into play a lot as well in a private sale
 
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pauly69 said:
Well if someone is wants a 64 plate SB with half that mileage I'll do it for 23K with 3 years FACTORY warranty remaining ;)


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Click to expand...

See, thats exactly what I will be looking for when I come to change...problem is I am still a good year away...

I think everyone should post up their car before trading in and see if anyone is interested. Even if it's just £1k more than the trade in, the buyer will benefit by not paying Audi the stupid over-inflated price it will end up on the forecourt at, and the seller gets and extra £1k...
 
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Don't bank on equity at the end! I put £1000 in, if they said tomorrow we will give you exactly what you owe on the car I'd bang another £1000 down and get another one, as long as the payments are the same I'd just see that as 'I've changed my 18 month old car for a brand new one for £1000'. I see the car as my hobby/enjoyment, not something I'm looking to make money on at the end :)

jassyo06 said:
if there's a shortfall it's you that needs to cough up the extra that's why my next car's a keeper **** paying cars up the rest of my days
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What shortfall are you talking about that needs to be coughed up? At the end if they say the car is worth less than the GFV you walk away, as you wouldn't pay more than it's worth to buy it. If it's worth more than the GFV that's towards your next one.
 
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4K said:
Yeah, very strange. 428 was kind of a stupid engine if you ask me.. Bit faster than a 420 but slower than a 430, but with as poor economy as the 430. Don't know what kind of market they were targeting with that engine, but it was pointless.
Click to expand...

I have to agree that the 428i is 'neither fish nor fowl' in the UK market. From a guess it's to fit in with the tax regime of some European markets with a sub 2L threshold. I can understand some low mileage city dwellers being content with the 420i though. I'm more knowledgeable about 1 series (coming from a M135i to the inbound S3). In 1 series land the 125i is a very rare animal because it only cost £100s less than a M135i and not surprisingly has sold in about 1/20th the number. That said, I have actually seen a fair few 428/430i about so someone must be buying them - mind the price jump to a 440i (far in a way the superior car) is much more.


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jassyo06 said:
Yeah but they are Trade prices...???
Click to expand...

Most of the cheapest ones are private sales Jassy.

And to be honest it doesn't matter too much.
Someone will be after the an 8V S3 with a limited budget (say £20k) and think they will only get a 8P or 8V Cat D.
Shouldn't matter if it's trade or private, as long as they get one on budget.
Always a benefit of buying a new release model when coming to sell.
 
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SpeedyFrog said:
Mmm I think at the end of the normal 3y warranty period you have the option to extend for a 4th year or for a 4th and 5th year and these warranties are the same as you had for the initial 3y period. Also if you extend only for a 4th year then at the end of the 4th year you should be able to extend for a final 5th year. However if at the end of the initial 3y period you choose not to extend then yes you effectively get out of the Audi warranty system. You can also buy the 4th and 5th year of warranty at the beginning of ownership if you want to.

Or am I wrong here??

I actually need to know because I'm going to be on a 4y PCP and it's my plan to extend for a 4th year towards the end of the initial 3y warranty so that I don't buy it at the beginning of ownership in case I decide to part company with car after 3 years (no need to pay another £245 or something for a car I don't own anymore)
Click to expand...
I was talking crap ^^
The "Audi Warranty covering you for up to 4 years or 75,000 miles" (£245) or "Audi Warranty covering you for up to 5 years or 90,000 miles" (£545) are only available prior to registration of your Audi.
Screen Shot 2016 08 23 at 114637
 
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SpeedyFrog said:
I was talking **** ^^
The "Audi Warranty covering you for up to 4 years or 75,000 miles" (£245) or "Audi Warranty covering you for up to 5 years or 90,000 miles" (£545) are only available prior to registration of your Audi.
View attachment 100946
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Well that ****** on my plan then :p

I'm pretty sure I was offered a warranty extension on my used A5 beyond the 12months...Perhaps thats a used approve warranty, rather than a new car warranty?

Not sure what the difference is? My only requirement is that it's with Audi directly.
 
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DrEskimo said:
Well that ****** on my plan then :p

I'm pretty sure I was offered a warranty extension on my used A5 beyond the 12months...Perhaps thats a used approve warranty, rather than a new car warranty?

Not sure what the difference is? My only requirement is that it's with Audi directly.
Click to expand...
I think the Audi Warranties are not all the same... Hence the confusion.

New Car Warranties (incl. extending to 4y and 5y). This is the proper stuff and can be transfered when you sell the car
https://www.audi.co.uk/owners-area/...e-plans/audi-warranties/new-car-warranty.html

Extended Warranty. Don't cover as much...
https://www.audi.co.uk/owners-area/...-plans/audi-warranties/extended-warranty.html

The little buggers...
 
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Falmouthboy said:
I have to agree that the 428i is 'neither fish nor fowl' in the UK market. From a guess it's to fit in with the tax regime of some European markets with a sub 2L threshold. I can understand some low mileage city dwellers being content with the 420i though. I'm more knowledgeable about 1 series (coming from a M135i to the inbound S3). In 1 series land the 125i is a very rare animal because it only cost £100s less than a M135i and not surprisingly has sold in about 1/20th the number. That said, I have actually seen a fair few 428/430i about so someone must be buying them - mind the price jump to a 440i (far in a way the superior car) is much more.


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Click to expand...
I'd take a 430i over this S3 any day of the week. I've driven the 430 in Bavaria and it's a sublime car compared to the S3. I just can't stand the tw@ts that drive BMW's, and don't want to be grouped with them. OR the 18 year old princesses that have 116i's handed down to them on their birthday by daddy.
 
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4K said:
I'd take a 430i over this S3 any day of the week. I've driven the 430 in Bavaria and it's a sublime car compared to the S3. I just can't stand the tw@ts that drive BMW's, and don't want to be grouped with them. OR the 18 year old princesses that have 116i's handed down to them on their birthday by daddy.
Click to expand...

Round this neck of the woods, I would say there is very little difference, if any, in the standard of driving of an average Audi/BMW/Merc driver.

Are BMW drivers really that much worse where you live?

Ano it certainly wouldn't put me off buying a car which I think is much better.

But.....each to their own.
 
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OK explain this one, just been looking on carwow and noticed an old car valuation I did back in March:

1


I just did it again:
2


Surprised at this I looked back at the quote from the Mike Brewer site last week = £23,700.

I then went on the Audi finance site and looked at what I owe= £24,000 :) which is less than I thought!!! So on those figures I can virtual break even 18 months into a 48 month PCP ;)

I've done a build on another site for a FL S3 and they will be contacting me soon....if they give me the PX prices above I will order a new FL S3 :D So basically I put £1000 down and start again with a brand new FL S3, payments would be £5 less than I'm paying now and on a 36 month PCP rather than a 48!!!
 
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S32B said:
OK explain this one, just been looking on carwow and noticed an old car valuation I did back in March:

View attachment 101223

I just did it again:
View attachment 101224

Surprised at this I looked back at the quote from the Mike Brewer site last week = £23,700.

I then went on the Audi finance site and looked at what I owe= £24,000 :) which is less than I thought!!! So on those figures I can virtual break even 18 months into a 48 month PCP ;)

I've done a build on another site for a FL S3 and they will be contacting me soon....if they give me the PX prices above I will order a new FL S3 :D So basically I put £1000 down and start again with a brand new FL S3, payments would be £5 less than I'm paying now and on a 36 month PCP rather than a 48!!!
Click to expand...

Fingers crossed for you! :) What spec of S3 are you considering this time around?
 
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Keeping it simple: white S3 3door hatch, parking system plus, folding mirrors.

A lot now comes as standard that didn't before, such as Sat Nav, interior LED pack etc.

Wow


Oh yeah with the manual box, been out today and had so much fun going through the box around some lanes ;) I think I'd miss using the left leg too much to get the s-tronic box.
 
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S32B said:
Keeping it simple: white S3 3door hatch, parking system plus, folding mirrors.

A lot now comes as standard that didn't before, such as Sat Nav, interior LED pack etc.

View attachment 101226

Oh yeah with the manual box, been out today and had so much fun going through the box around some lanes ;) I think I'd miss using the left leg too much to get the s-tronic box.
Click to expand...

You thought about the comfort pack instead of parking plus mate? Gives you B&O, rear sensors and something else...but it's only £995. Seems like a good deal if considering parking plus?
 
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DrEskimo said:
You thought about the comfort pack instead of parking plus mate? Gives you B&O, rear sensors and something else...but it's only £995. Seems like a good deal if considering parking plus?
Click to expand...

No, the Comfort pack is not an option on the S3. I think because it already comes with heated seats as standard, and Bang & O is cheaper when you specify separately...?
 
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Gordo77 said:
No, the Comfort pack is not an option on the S3. I think because it already comes with heated seats as standard, and Bang & O is cheaper when you specify separately...?
Click to expand...

Heated seats, that was it...

Ah OK cheers mate. Yes your'e quite right. B&O + Rear sensors is just £920 in total.

Ignore me!
 
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4K said:
I'd take a 430i over this S3 any day of the week. I've driven the 430 in Bavaria and it's a sublime car compared to the S3. I just can't stand the tw@ts that drive BMW's, and don't want to be grouped with them. OR the 18 year old princesses that have 116i's handed down to them on their birthday by daddy.
Click to expand...

What a ridiculous statement - If you really choose you car by prioritising your rather unscientific opinion of the owner demographic over the qualities of the vehicle itself, you don't have much of an argument.


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Falmouthboy said:
What a ridiculous statement - If you really choose you car by prioritising your rather unscientific opinion of the owner demographic over the qualities of the vehicle itself, you don't have much of an argument.


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Click to expand...
It's definitely a factor in peoples thinking though. These are self styled 'premium' brands, and like all such brands reputation and customer impression is often more important than the product itself. A positive brand image sells products, often undermining common sense and some glaringly obvious deficiencies. Is a 3 series really an order of magnitude better than a Mondeo? No. It's an A4 a quantum leap above a Passat? No. The BMW X series are all woeful cars, yet they sell like hot cakes because of a carefully cultivated brand.

When you have what are in reality fairly ordinary and occasionally less than stellar products selling at a premium price based on little more than how well you've advertised it, then you have a problem. Your business model is based upon a thin tissue of psychological manipulation, and it takes very little to bring it crashing down. They are aspirational products, so the sort of people that you might not want buying your product start to want it, and that can be very damaging. Likewise, when your product is considered a step up above the crowd below, and yet by paying a premium your customers join the ranks of social miscreants and mouth breathing halfwits that already have them, then you're going to leave your desired customers a tad disappointed. They will look elsewhere.

It's a very fragile ecosystem up there in the upper echelons. Burberry took a massive hiding when chavs starting wearing (fake) Burberry check, and Bentley or Aston Martin very publicly disassociated themselves from silicon enthusiast Katie Price to avoid a similar fate.

The next brand to falter in Britain will probably be Maserati. Grand Tourismo's are now so cheap on the used market that I regularly see them being driven to cruises in Beckton. I don't think images of lowered maseratis on 23" chrome rims being driven by baseball cap and bling wearing plastic gangsta's doing doughnuts in an urban McDonald's car park are what the brand directors in Italy had in mind, and it's very doubtful it'll be positive for the brand or attract new buyers to drop £80k on a new GT.

I have no desire to own a BMW for many reasons, but if be lying if I said that the type of people who currently own them here in East London wasn't also a factor.
 
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Falmouthboy said:
What a ridiculous statement - If you really choose you car by prioritising your rather unscientific opinion of the owner demographic over the qualities of the vehicle itself, you don't have much of an argument.


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Click to expand...
Mmm It's his view and it's certainly not a ridiculous statement. I don't want to own a BMW partly for these reasons... :whistle2:
 
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DrEskimo said:
You thought about the comfort pack instead of parking plus mate? Gives you B&O, rear sensors and something else...but it's only £995. Seems like a good deal if considering parking plus?
Click to expand...
I read the other posts from yourself and Gordo after this one, thanks for the heads up I'll have a bigger look at the options...yesterday it was a bit of a rush when I realised I owe less than I thought....I may even hang on until the A5 coupe prices are released!

Still think it looks lovely, think it's the only car I'd give up all the power and quattro for!!!

A5
 
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S32B said:
I read the other posts from yourself and Gordo after this one, thanks for the heads up I'll have a bigger look at the options...yesterday it was a bit of a rush when I realised I owe less than I thought....I may even hang on until the A5 coupe prices are released!

Still think it looks lovely, think it's the only car I'd give up all the power and quattro for!!!

View attachment 101272
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I would love a car like this but for practical reasons(parking at work) it's just too big....:friends:
 
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