wow that is a big difference . you would think audi would give better trader ins to stop people going with other brands . i,am taking note for when i trade in .I did this! Audi offered me 10k for my last trade-in. Got WBAC value, went to Evans Halshaw and they beat that. Ended up with £12,225 instead of 10k at Audi.
I'm looking to buy an S3 but want to know what sort of financial hit I'm getting into before hand.
Mid December last year
I'd be quite happy to loose about 2.5k a year on the car making it a 20k car after 4 years, am I dreaming lol?. The 2012 S3s are still going for 20k.
Sorry....not a chance. try doubling it.
You will lose £5k a year for the first 2 years and then maybe £3k a year for the next two.....
Yep I got told by the finance guy at Audi that they look to put 2-3k on every car they buy in.Second hand S3s are going on autotrader minimum 25k after two years. Are Audi really putting an extra 2-3k on these cars?
If you want to get rid of a car after only 1 or 2 years, expect to get turned upside down and shaken till all of your money tumbles out. The depreciation curve on an a new car is like a cliff in year one. It's value plummeting as it sits on your driveway. The losses start to reduce over the subsequent years, until after 36 months you should have lost something around 44% of the original cost. The A3 is among the better cars out there for depreciation. It'll retain just over 56% of its value over three years according to CAP, but the vast majority of the loss occurs in the early stages as much as 30 or 40% in the first six months.
If you really want to feel depreciation, try a Maserati quattroporte (£108k!), a Citroen C5, or just about any vauxhall, where you can expect to have retained about a quarter of the value after 3 years.
View attachment 85421
BMW where dishing out loans at extremely low percentage rates to existing clients that where still in negative equity after 3/4 years..just to help them into another deal there GMFV didn't hold,the same could happen with yer S3/A3
Supply and demand that will always apply
Over supply of the A3/S3 is what's happening, yeah l heard a while back BMW where dishing out loans at extremely low percentage rates to existing clients that where still in negative equity after 3/4 years..just to help them into another deal there GMFV didn't hold,the same could happen with yer S3/A3
I'd rather do things along the lines of this deal: http://www.petervardybmw.co.uk/cars...or/m135i/m135i-5-door-sports-hatch/m135i-5dr/
or if you need a saloon http://www.petervardybmw.co.uk/cars...ve-m-sport-saloon/320i-xdrive-m-sport-saloon/
Low deposit, monthly payments below the £400 I want to blow each month, no negotiating on discount, then at the end just give it back and start again, no worry about how much you have lost on a big deposit or having to save each month during the term of the PCP for the same deposit again. Basically you give them the agreed amount each month for the car and at the end start again.