PX PRICE!

[RSON19]

Evening all

So, I’m thinking about changing the A4......

Popped into Audi and got offered a ridiculous figure to PX my B9 A4 for a new A5.

A4 2.0tdi S-Tronic 190

Baring I mind my a4 is on a 65 plate(the first of the new B9 shape), boasts £13,000 worth of factory goodies and is one of the highest specs I’ve seen - I was insulted to get offered £17,000 against a new A5!! Had a nose on eBay/autotrader and you can buy the old shape for that.

Looks like it’s going to be a private sale after all! I’m that annoyed I’m likely to end up having a chat with a salesman in Mercedes or BMW.

 

[samh1992]

From a dealerships point of view there isn’t many added extra’s that they will care about to add value to your px.

You would be better off selling privately but Mercedes and bmw will offer the same if not a worse price for your car as they then have to try and sell it on to a trader or another Audi dealership.

Don’t be annoyed, cars absolutely plummet in price, german brands are one of the worst for it. Think how hard it is for me as a salesman to tell you that your £40,000 car has dropped 50% if it’s value in 3 years and it’s worth sod all.

 

[WesT-gefül]

Unfortunately the factory goodies don’t count for much going by the dealer. They work on trade prices. It’s more about the year & model than goodies & mileage. Definitely worth a try privately.

 

[Nickfrog]

They might simply not want it so it's a way for them to tell you that. Options don't retain much of their value, if any. The trade is just that, a trade, they needs gross margin to pay for overheads, that's basic commerce. You can't compare a trade price to an ebay price.

An A5 is essentially an A4, isn't it ? Might be a better idea to keep what you have - or look into leasing deals for such mass produced white goods as Audis as that can return lower actual total cost (but not always) when all parameters are looked at.

 

[Gingertom]

Which is one reason why I tend to look after my cars and hold onto them. I guess you could say I get my monies worth even if it's at the expense of not having the latest thing on the drive! What you don't touch you don't miss? Had my last Volvo S60 for the best part of 14 years from new and it was still a pleasure to drive when it departed. Also got a half decent price for it compared to the trade in offered using Ebay small fixed price charging to sell with hardly any delay in selling it once published!
Try it out if you're confident to go private. It really was simple.
I guess i'll have my A4 for a while yet. Let's hope the IT tech holds up - maybe not 14 years though!.

Good luck with the sale whatever way you go.

 

[mrobbie]

Have you tried selling to a local specialist? One outside Aberdeen (Autocentre Inverurie) tends to pay above main dealer prices which lets you go to your dealer looking for a no trade in deal.

But, as above, Glasses guide etc are model/year/mileage/condition based and not options added. Some dealers may offer a few hundred £ more but you are talking £200-300 tops. Thy will then list it as “wow! £13k of options” to justify why it’s more expensive than the standard one it’s parked beside...

 

[doncarlyon]

Lease has got to be the cheapest way to own an Audi (and other brands). They plummet in price.

 

[Terminator x]

Imho when they offer PX all the options bought as new count for nothing! Irony is strong as there is a certain amount of encouragement to "go mad" on options when sat at Audi using their configurator.

You will always feel insulted with a PX so I don't even bother asking now.

TX.

Sent from my BBB100-2 using Tapatalk

 

[doncarlyon]

Have you tried the Arnold Clark website for a price to buy the car from you?

I was pleasantly surprised by the price offered for my 2017 Focus ST3 - was 2k more than WBAC would offer. Hence me not having a car ha ha!

 

[samh1992]

Have you tried the Arnold Clark website for a price to buy the car from you?

I was pleasantly surprised by the price offered for my 2017 Focus ST3 - was 2k more than WBAC would offer. Hence me not having a car ha ha!

Ah so you’re also coming out for a focus st3 to a s4 like me then

 

[doncarlyon]

Ah so you’re also coming out for a focus st3 to a s4 like me then

Not an S4 unfortunately.

A4 Black Edition.

 

[Nickfrog]

Lease has got to be the cheapest way to own an Audi (and other brands). They plummet in price.

It can be. But not always. It's a case by case basis, particularly as lease rates have gone up over the past 6 months and the stupid/no brainer deals are few and far between.

 

[holly35]

Has the TDI badge anything to do with it ?

 

[samh1992]

Has the TDI badge anything to do with it ?

Massive getting hit with diesels at the moment. The media has scared the public about them so much that we’ve seen a massive hit in prices

 

[1oldaudi]

Its not good news is it and always a shock when you think your pride and joy that was probably listed way over £40 a few years ago is worth just that now. There could be a number of reasons I guess:
Dealers tend not to care about the optional extras when they take it form you but will certainly highlight them when they come to sell it.
They may simply not want your car and offer you a really bad offer hoping you go away.
Are A4s selling?
You'd of thought getting you into a new A5 and all the finance/extras etc that they could sell with it would be a priority for them.
But is £17K really that bad? Looking on ebay there are plenty of B8.5 models just a year older for about £10K.
TDI and its first MOT coming up with these new tests?
Looking on AutoTrader there are plenty of cars, same spec in the 16K to 17K range so assuming the seller is also making some money they've been part exchanged for even lower prices (granted I dont know he exact spec/miles of yours)

Audi A4 2.0 TDI Ultra 190 Sport 4dr S Tronic - DAB/CD/AUX/USB/SD - BLUETOOTH AUDIO- SAT NAV
£15,190
65 Plate



I went through this with a BMW 1 Series when they first came out in about 2006. Massive deposit and a few years on the monthlies (no final balloon payment) and after 3 years I owned it. Lost 60% in value.... dealer said that with cars so cheap to get into new on monthlies people prefer to spec their own colour and have a new number plate. I got rid of it to a BMW main dealer (circumstances changed, baby and company car) just to make things easy and they got shot of it to an auction site, didnt even bother listing it at their own garage despite it being (at the time) a highly sought after car.

This is why I lease now (for a reliable get me to work car) and buy a car for a few K and hope it lasts a few years (to do school runs, shopping etc)
But lets not turn this into a "how do you finance your car" thread.

 

[Simonb1975]

Can't burn the candle at both ends. We all want a nice car without paying too much. This will knock on come resale though.
I'd try and keep the options on the next car to 3K max.

Then again, people use PCP to get a nicer car than can normally be afforded and (I'm guilty of this myself) keep wanting to change early.
That's not the real point of PCP. If you take out the PCP for say 4 years, that's how long you keep it for. I don't see anything wrong with the finance method its 'self. It's the buying public misusing it.

 

[cuke2u]

I found this http://youwheel.com/home/2016/07/12/audi-lease-rates-july-2016/ usually german brand cars have good residual values but unfortunately because of dealers discounts the bottom has dropped out of the resale values to the same level as a Ford it seems..

 

[Nickfrog]

I found this http://youwheel.com/home/2016/07/12/audi-lease-rates-july-2016/ usually german brand cars have good residual values but unfortunately because of dealers discounts the bottom has dropped out of the resale values to the same level as a Ford it seems..

That's obsolete US data without a source though. Heavy discounting only affect early buyers in the life cycle who haven't bought at the max historical discount, for those who have bought at max discount it actually is neutral in % terms and helps in £ terms as the basis is lower. If you have then you can do very well. I know I have in the past (M135i, Megane RS) but then switched to lease for the white goods cars. Will probably buy the M2 at 2 years old unless there is a turnaround on currently relatively depressed residuals until the blasted Brexit thing has a clear outcome. Which it won't !

 

[guestlinger]

WBAC offered me >£2000 more than Audi main dealer on a p/x ... and that was after they had knocked off some £s due to non-perfect alloys. So worth checking WBAC offer especially if your car is in excellent condition.

 

[Kev M]

I was in my local main dealers at the weekend and they said that all A3 & A4 Diesel have taken a bit hit on price.

I'm looking to trade my B8.5 A4 3.0 TDI Quattro Black Edition Nav with loads of factory options fitted, only to be told it's lots over 50% of its original value. Which is annoying after the same dealer phone me asking if I was looking to change the car as it was very desirable and would sell easily.

 

[cuke2u]

WEBAC values mine at £17500, a car that is less than two years old. As stated before when dealerships start offering large discount the residuals drop like a stone.

 

[Zakalwe]

Try the Sytner buying team.

I’ve sold a Bimmer to them. Got a 25% better offer on my Z4 coupe than my local Sytner dealership offered and the figure I got was 5% under what I advertised it for on a private listing.

I described the car’s history and condition over the phone and via email. The buyer came to my house, took it for a 1 minute spin round the block and made good on the agreed offer. Left a cheque, car picked up by a third party company a couple of days later. They even had no problem with me commuting in it in the couple of days between the offer being finalised and the pick up date. All it cost me was 20 mins of my time and a cup of tea.

You’d probably get more private sale, though maybe not vastly more, but for me the hassle-free sake was entirely worth it.

 

[WesT-gefül]

WEBAC values mine at £17500, a car that is less than two years old. As stated before when dealerships start offering large discount the residuals drop like a stone.

With the MY19 A4 facelift coming, this doesn’t help for future values. Technology looks to be the focus. They are revamping MyAudi app and the back end.

 

[cuke2u]

Always the case a previous version will show a drop, however the fl a4 isn't out until the end of the year yet so the real impact is yet to be known...

 

[WesT-gefül]

Massive getting hit with diesels at the moment. The media has scared the public about them so much that we’ve seen a massive hit in prices

Has done no hitting of prices here in the North of Ireland. People love derv here and are still buying them. Also car tax stays the same if purchased before March 2017.

 

[Nickfrog]

WEBAC values mine at £17500, a car that is less than two years old. As stated before when dealerships start offering large discount the residuals drop like a stone.

Only if you bought badly/early. If you buy at max discount for the cycle you're normally not suffering more than the inherent depreciation and actually less in £ terms - add the fact that few people actually pay cash (and those who do don't always realise what discounts are out there) which means that an increasing amount of the cars are yield managed in the network and there are some seriously good opportunities for surprisingly low depreciation. Ask me how I know !

 

[wideboybloke]

Erm...how do you know?

 

[Nickfrog]

Bought a new M135i LCI in 2015 for £26k (22% off) - sold for £23k privately 18 months later (£166 dep / month)- it was still cheaper than in the network for the buyer.
Bought one of the last Megane RS for £20k at 28% off - sold last month at 24 months for £17k, £125 dep/month. It was still the cheapest car on the market for the spec.

It doesn't always work of course but the assumption that heavy discounting always affects residuals is wrong.

 

[cuke2u]

No not always but one car doesn't say anything. For example, I purchased a new mk4 mondeo in 2008 heavily discounted at £18,000, everbody, magazine's, motor dealers etc, stated the residual value of a mondeo was poor, around 35%. I sold it three and half years later, to a dealership, for £12,500.
The reasons for a residual dropping, such has been the case for Audi's, are more complex than just being discounts. Another reason could be is the huge number of pcp's these days and the caculated value of a vehicle.
For sure though the residual value for our vehicles have dropped to being not far off a Ford...

 

[Nickfrog]

Yes all converging towards 50% at 3 years indeed. Hence the beauty of so many lease deals at 1% per month without the opportunity cost either. That's where the REAL discounting is.