Facelift Time for a change?

[Bradneyyyy]

Had my A3 Facelift for 18 months in March and unfortunately, I’m slowly losing my love for it mainly due to the fact I hardly drive it as I work away all week.

Got told by a friend that his dealer contacted him around 18 months into his PCP asking about upgrading his A4... wondering if anyone has upgraded early and what sort of deals Audi offered and how to go about it.

Help appreciated as I’m seriously considering chopping it in!


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[DrEskimo]

You can work out deals by looking at online brokers for current discount levels (like CarWow, OrangeWheels or Coast2Coast). I then use the Audi Finance calculator to work out what the likely PCP deals would look like.

In terms of your current car, you can request a settlement figure from VWFS and then use WeBuyAnyCar to get a rough estimation of the trade in value. This will indicate what the cost will be to settle your current deal, or indeed if you have any 'equity'. This will depend entirely on the discount, deposit, term and market valuation, so will vary person to person.

Have to ask though...why do you think another new car will be any different? You suggest the reason is that you don't drive it much, not that you dislike the A3 in particular? You need to keep in mind that it will be a lot of money...
Do you want a different car, or do you just want the excitement associated with buying a new car again...?

 

[Jassyo06]

Sell it on Autotrader.co.uk at worst you'll break even simples

 

[Bradneyyyy]

You can work out deals by looking at online brokers for current discount levels (like CarWow, OrangeWheels or Coast2Coast). I then use the Audi Finance calculator to work out what the likely PCP deals would look like.

In terms of your current car, you can request a settlement figure from VWFS and then use WeBuyAnyCar to get a rough estimation of the trade in value. This will indicate what the cost will be to settle your current deal, or indeed if you have any 'equity'. This will depend entirely on the discount, deposit, term and market valuation, so will vary person to person.

Have to ask though...why do you think another new car will be any different? You suggest the reason is that you don't drive it much, not that you dislike the A3 in particular? You need to keep in mind that it will be a lot of money...
Do you want a different car, or do you just want the excitement associated with buying a new car again...?

Good call, I’ll have a look!

Well I have recently accepted a new position where I’ll be at home and actually using the car more frequently. I do enjoy the A3 when I drive it but just felt like I’ve lost my love for it as of late when I’m driving it... probably because I keep seeing my friends S3 every time I go back to the work unit. As you say, will be a lot of money to switch it over early so will probably end up keeping it until Sept 19 when my 3 years are done and I can swap it in or keep paying the remainder.

Most likely I’m missing the “new car feel”!


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[TYb]

You can voluntarily return it at a certain point, details below

https://www.thecarexpert.co.uk/car-finance-voluntary-termination-pcp-hp/

 

[S32B]

As you say, will be a lot of money to switch it over early so will probably end up keeping it until Sept 19 when my 3 years are done and I can swap it in or keep paying the remainder.

I had the S3 on a 48 month PCP, 2 years and 7 months in I sold it and made a few quid on it!!! If Audi had bought it off me I'd have broke even. I then got 21.4% off the A5 coupe

Call Audi finance and see what you owe, then use webuyanycar to get a price for yours, Audi will be around the same!

As TYb said, you can VT once you have paid 50% of the total payable figure. On your finance agreement it will say how much you need to pay back (Total amount payable) it's 50% of that figure, that can be made up of your deposit and payments.

So for arguments sake it says £35,000 you can hand it back after £17,500 has been paid, which could be made up of £5,000 deposit leaving £12,500 So as soon as you have made X amount of monthly payments equal to £12,500 you can hand it back.

 

[Bradneyyyy]

I had the S3 on a 48 month PCP, 2 years and 7 months in I sold it and made a few quid on it!!! If Audi had bought it off me I'd have broke even. I then got 21.4% off the A5 coupe

Call Audi finance and see what you owe, then use webuyanycar to get a price for yours, Audi will be around the same!

As TYb said, you can VT once you have paid 50% of the total payable figure. On your finance agreement it will say how much you need to pay back (Total amount payable) it's 50% of that figure, that can be made up of your deposit and payments.

So for arguments sake it says £35,000 you can hand it back after £17,500 has been paid, which could be made up of £5,000 deposit leaving £12,500 So as soon as you have made X amount of monthly payments equal to £12,500 you can hand it back.

Sounds likes you got a good deal then!

How do you go around selling the car privately? Would you just make the new owners aware that the finance is still on the vehicle and that once the purchase has been made you will provide proof of payment that the settlement agreement has been paid?

My friend does this every year with his cars. Gets bored, sells them private and then goes back to the same dealer to get a new vehicle!! Not doing to bad for himself upgrading every year!


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[Jassyo06]

Sounds likes you got a good deal then!

How do you go around selling the car privately? Would you just make the new owners aware that the finance is still on the vehicle and that once the purchase has been made you will provide proof of payment that the settlement agreement has been paid?

My friend does this every year with his cars. Gets bored, sells them private and then goes back to the same dealer to get a new vehicle!! Not doing to bad for himself upgrading every year!


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l have sold my past 2 cars of which where still on finance both where car dealers....as they are the most likely peeps to buy your car,one wrote me a cheque....Evans Halshaw....the other paid Audi Finance Directly.....it's a common occurrence

 

[Bradneyyyy]

l have sold my past 2 cars of which where still on finance both where car dealers....as they are the most likely peeps to buy your car,one wrote me a cheque....Evans Halshaw....the other paid Audi Finance Directly.....it's a common occurrence

Wow... didn’t realise that was a possibility!!

Might go down that route in that case and see how I get on!


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[S32B]

How do you go around selling the car privately? Would you just make the new owners aware that the finance is still on the vehicle and that once the purchase has been made you will provide proof of payment that the settlement agreement has been paid?

My friend does this every year with his cars. Gets bored, sells them private and then goes back to the same dealer to get a new vehicle!! Not doing to bad for himself upgrading every year!

Once I'd ordered the A5 I paid off the finance on the S3 in full, that way I saved 2-3 months of interest whilst the A5 was being built/delivered. A day before I took delivery of the A5 I sold the S3 to the sports car specialist who did an instant bank transfer to my account, I then just moved it back into my savings account.

If you sell privately you could always go into the bank with the buyer, let them transfer the money into your account and then ask your bank to transfer that money directly to Audi finance. That way the buyer knows it's been paid off, then when you get the letter from Audi to say it's finance free send it to them for piece of mind.

Fords of Winsford gave me a decent price for one of my cars a few years back when I bought the S3, £1,000 more than Audi had offered!!!...They just took the car around the back to get it looked at by one of their mechanics to make sure it was all OK, then gave me a cheque for the amount they'd offered over the phone...all done in less than 45 minutes...worth a try https://www.fow.co.uk/part-exchange

 

[Terminator x]

Imho on a PCP you won't be the right side of the cash until about 6 months from the end. Before that probably the dreaded neg equity ...

TX.

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[wab172uk]

Had my A3 Facelift for 18 months in March and unfortunately, I’m slowly losing my love for it mainly due to the fact I hardly drive it as I work away all week.

Got told by a friend that his dealer contacted him around 18 months into his PCP asking about upgrading his A4... wondering if anyone has upgraded early and what sort of deals Audi offered and how to go about it.

Help appreciated as I’m seriously considering chopping it in!


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If you swap for an A4, won't the payments be more a month?

You'll then have a more expensive car sat around not being driven, as you work away a lot.

 

[Jassyo06]

Imho on a PCP you won't be the right side of the cash until about 6 months from the end. Before that probably the dreaded neg equity ...

TX.

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IF you trade it in....too Audi....Over the course of my PCP of my Sepeng car,my valuation was always a bit more than l owed AFS,actually l was offered £1000 more than l owed when the car was just over a year old and l will sell my current car again this way when the right car for me appears

 

[S32B]

If you swap for an A4, won't the payments be more a month?

You'll then have a more expensive car sat around not being driven, as you work away a lot.

Depends what offer he gets. My S3 was on a 4 year pcp, the A5 coupe is on a 3 year pcp, the A5 list price was about £6k more and the loan value is about £700 more, yet the monthly payments are only £6 more! I got 21.4% off the A5 which helped

 

[Jassyo06]

Depends what offer he gets. My S3 was on a 4 year pcp, the A5 coupe is on a 3 year pcp, the A5 list price was about £6k more and the loan value is about £700 more, yet the monthly payments are only £6 more! I got 21.4% off the A5 which helped

Yer obsessed with the 21-4% figure...........lol,your going to get higher discounts on larger cars with S-Line designation,even big discounts on S5's/S4's.....because Audi struggle to sell them without larger discounts as the medium sized car sector has far more competition,but you wont get nowhere near that discount on a A3/S3,hence they hold there value better....basically the A3/S3 Sells itself as you should know

 

[S32B]

Yer obsessed with the 21-4% figure...........lol,your going to get higher discounts on larger cars with S-Line designation,even big discounts on S5's/S4's.....because Audi struggle to sell them without larger discounts as the medium sized car sector has far more competition,but you wont get nowhere near that discount on a A3/S3,hence they hold there value better....basically the A3/S3 Sells itself as you should know

lol but they didn't offer it upfront think I got 10.5% off the S3 The point being a bigger/more expensive book price for about the same on a shorter term. Hence why I replied like I did to @wab172uk's post of "If you swap for an A4, won't the payments be more a month?". Just because it's bigger and more expensive doesn't mean it will cost more! Some people are scared to ask for discount and just take what they are offered!

I've lost count of how many times I've tried to explain to friends, family and guys in work that they can afford a bigger, more expensive, better make car than what they have for the same sort of money, big discounts with a slower depreciation = the same as what you are paying for your cheaper Ford, Vauxhall etc. most don't listen!!!

An example I did a while back, after discount and a £1,000 deposit:

After a £1,000 deposit & discounts! You can get a black edition s-tronic S3 saloon with a book price of £39,645 for £528 over the same term!!! a better car and £50 pm less. (Change the figures to get the loan value to the price of the car after discount - £1k deposit)

 

[Jimbbobw1977]

lol but they didn't offer it upfront think I got 10.5% off the S3 The point being a bigger/more expensive book price for about the same on a shorter term. Hence why I replied like I did to @wab172uk's post of "If you swap for an A4, won't the payments be more a month?". Just because it's bigger and more expensive doesn't mean it will cost more! Some people are scared to ask for discount and just take what they are offered!

I've lost count of how many times I've tried to explain to friends, family and guys in work that they can afford a bigger, more expensive, better make car than what they have for the same sort of money, big discounts with a slower depreciation = the same as what you are paying for your cheaper Ford, Vauxhall etc. most don't listen!!!

An example I did a while back, after discount and a £1,000 deposit:

After a £1,000 deposit & discounts! You can get a black edition s-tronic S3 saloon with a book price of £39,645 for £528 over the same term!!! a better car and £50 pm less. (Change the figures to get the loan value to the price of the car after discount - £1k deposit)

View attachment 149407 View attachment 149408

Interesting post and I’m not criticising but a comparison test recently of a Stinger vs A5 saw the stinger win the group test...

 

[S32B]

Interesting post and I’m not criticising but a comparison test recently of a Stinger vs A5 saw the stinger win the group test...

Kia Stinger for £1,000 deposit and £577 per month, or my A5 coupe for £1,000 deposit and £380 per month!!! No question

 

[Jassyo06]

Kia Stinger for £1,000 deposit and £577 per month, or my A5 coupe for £1,000 deposit and £380 per month!!! No question

Only if the A5 was in Daytona though......lol

 

[S32B]

Only if the A5 was in Daytona though......lol

lol love white, it's sooo easy to look after, after having a black car!!! Drip dry and no watermarks to be seen, could never get away with that on black

 

[Bradneyyyy]

Got a settlement quote which was just over £17.5K.

Evans Halshaw offered me £16.5K. If I sold private suppose I would get more than £17.5K mark.

That’s with me 18 months into my contract!


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