RS6 price discounts

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Discussion

Leo-RS

288 posts

157 months

Tuesday 2nd February 2016
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Ed T said:
If you pop onto autotrader they've dropped the same car to £54.9k with the 21". You are right it is a 2013 though. There are a few more 2013 at the 56k - 59k ish mark with good kit and 21". You then have a load of 2014 plates at £59.x with 21". What's my point? I guess it's do we think the 2014 plates are about to drop 3-5k k in the immediate future, say March when the new plate is out?

I ask as I am interested and done mind a car with 25k on the clock.
14 reg cars will be 2yrs old in 4wks when the 16 reg cars are released so if they are selling for mid to high 50's then that's a decent amount retained after 2yrs. The oldest cars are coming up for 3yrs old around June 16 and again, if they are selling for £50k+ which is highly likely, then that's also a good amount retained at 3yrs.

The bottom price will be protected somewhat by the prices of the C6 RS6's that are advertised for £30-£40k and also the early GFV of the C7's as set by Audi at nearly £50k retained value. I'm sure from memory, the initial GFV of the car was around £48k 30k miles. This in itself will keep 2nd hand values quite high as Audi will not buy them back at £48k and sell them at a loss.

Ed T

462 posts

139 months

Tuesday 2nd February 2016
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Leo-RS said:
14 reg cars will be 2yrs old in 4wks when the 16 reg cars are released so if they are selling for mid to high 50's then that's a decent amount retained after 2yrs. The oldest cars are coming up for 3yrs old around June 16 and again, if they are selling for £50k+ which is highly likely, then that's also a good amount retained at 3yrs.

The bottom price will be protected somewhat by the prices of the C6 RS6's that are advertised for £30-£40k and also the early GFV of the C7's as set by Audi at nearly £50k retained value. I'm sure from memory, the initial GFV of the car was around £48k 30k miles. This in itself will keep 2nd hand values quite high as Audi will not buy them back at £48k and sell them at a loss.
Makes sense. All in the rounding of 55+/-k then really for the older cars. Just pick one i like then ;-)

Cheib

23,237 posts

175 months

Tuesday 2nd February 2016
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Not sure I agree with a that analysis. You can buy a brand new car for £68k in base spec and there is tons of availability, I was offered a spec changeable car yesterday delivered by end of March.

My local deal has an admittedly dodgy spec 2015 5,000 mile car up for £65k. Trade bid on 2015 cars is currently about £55k. It cant be any more with new cars in mid to high £60's.

RS6 used market is all over the shop! Lots of dealers ex demo cars are advertised for more than new cars would cost.

I just put the details of a 2013 car from the AUC site in webyyanycar, £44k. That will be low but that car is listed for £56k

I very seriously want to buy one but the new cars look better value than a lot of the used market!

Burwood

18,709 posts

246 months

Tuesday 2nd February 2016
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Maybe quite a few buyers just pay the advertised price. Hard to believe but my father wouldn't google anything. He'd go to his local dealer and haggle a bit bug ultimately just buy what was on offer

Leo-RS

288 posts

157 months

Wednesday 3rd February 2016
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Cheib said:
Not sure I agree with a that analysis. You can buy a brand new car for £68k in base spec and there is tons of availability, I was offered a spec changeable car yesterday delivered by end of March.

My local deal has an admittedly dodgy spec 2015 5,000 mile car up for £65k. Trade bid on 2015 cars is currently about £55k. It cant be any more with new cars in mid to high £60's.

RS6 used market is all over the shop! Lots of dealers ex demo cars are advertised for more than new cars would cost.

I just put the details of a 2013 car from the AUC site in webyyanycar, £44k. That will be low but that car is listed for £56k

I very seriously want to buy one but the new cars look better value than a lot of the used market!
Not sure where you are getting your trade valuations from but they are way out. (If it's we buy any car, they really are taking the pi**)

An example taken this morning direct from Audi's valuation tool...




Obviously this car will be in excellent condition, it's only 5 months old.

Trade price of £61,800
Listed at £68,433

So just over £6.5k markup on the trade price.

Use the valuation tool here...

https://www.audi.co.uk/used-cars/part-exchange.htm...

Edit...

This is the WBAC valuation for the same car, comical...






Edited by Leo-RS on Wednesday 3rd February 09:49

Leo-RS

288 posts

157 months

Wednesday 3rd February 2016
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Another example, this time of an early July 2013 13 reg car..

Listed at £58k with Audi...



Only a £47k trade in price with Audi though..



And a strange valuation from WBAC which beats the Audi figure...



So we have £48.5k trade price for the earliest July 2013 car and a £61.8k trade price for the newer Sept 2015 cars.


Ed T

462 posts

139 months

Wednesday 3rd February 2016
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LEO using your analysis it suggests the older cars priced by Audi are not great value. Almost over valued by £4k (Well the example you posted at least). 10k mark up is not right in my opinion.

Raven Flyer

1,642 posts

224 months

Wednesday 3rd February 2016
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Ed T said:
LEO using your analysis it suggests the older cars priced by Audi are not great value. Almost over valued by £4k (Well the example you posted at least). 10k mark up is not right in my opinion.
Let's not forget that Audi control the second hand market of these. Aside from classics, very few people pay £50k for any car, without full main dealer services and back up. If Audi aren't selling it, it wont sell.

Cheib

23,237 posts

175 months

Thursday 4th February 2016
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Leo-RS said:
Cheib said:
Not sure I agree with a that analysis. You can buy a brand new car for £68k in base spec and there is tons of availability, I was offered a spec changeable car yesterday delivered by end of March.

My local deal has an admittedly dodgy spec 2015 5,000 mile car up for £65k. Trade bid on 2015 cars is currently about £55k. It cant be any more with new cars in mid to high £60's.

RS6 used market is all over the shop! Lots of dealers ex demo cars are advertised for more than new cars would cost.

I just put the details of a 2013 car from the AUC site in webyyanycar, £44k. That will be low but that car is listed for £56k

I very seriously want to buy one but the new cars look better value than a lot of the used market!
Not sure where you are getting your trade valuations from but they are way out. (If it's we buy any car, they really are taking the pi**)

An example taken this morning direct from Audi's valuation tool...




Obviously this car will be in excellent condition, it's only 5 months old.

Trade price of £61,800
Listed at £68,433

So just over £6.5k markup on the trade price.

Use the valuation tool here...

https://www.audi.co.uk/used-cars/part-exchange.htm...

Edit...

This is the WBAC valuation for the same car, comical...






Edited by Leo-RS on Wednesday 3rd February 09:49
Webuyanycar may be bad for valuations but my point stands about the used market for nearly new cars...I looked at two decently specced RS6's which are 2015 cars with low miles. Having got the full spec from the dealer one is £1000 cheaper than the car would be new and the other was £2k more expensive. Given a new car would be a 16 reg with zero miles and could be on my driveway in say two months those used cars don not make sense and both were "sensilbly priced" comapred to some of the lunatic prices that dealers are asking.

Your base case for valuation has to be that you can have a new car specced to your exact taste for a 15% discount.

Nearly new cars/demonstrators need to be (in my mind) priced £3k to £5k beneath that....most aren't

Leo-RS

288 posts

157 months

Thursday 4th February 2016
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I guess you have to know your market,

That blue 65 reg car above for example seems good value. Adding on the options brings the car to a sticker price of £86.5k, even with 15% discount that brings the 'real' price down to £73.5k. Not everyone is able to negotiate the maximum of 15% though, most people 12/13% unless you go down the carwow path. When I bought mine back in September, the maximum carwow and orangewheels were doing at the time I ordered was 13.7% which would have put that car at £74.5k new with maximum discount applied (At that time)

The car now 5 months old is listed at £68,433 which is at the very minimum £5k off the purchase price but you would most possibly get another £1000 or so off that sticker price.

That car above is therefore good value for money.

I do get what you are saying though, there are other examples that are taking the p*ss with what looks to be full or very close to RRP price never mind discounted price.

Cheib

23,237 posts

175 months

Thursday 4th February 2016
quotequote all
Agree on that blue car, it's properly priced. If it had the black optics pack I would be interested in it.

My impending RS6 purchase is the first proper car I have bought in a number of years. Moved out of London last summer and gave up with buying anything that would attract attention previously as we had on street parking. Having waited so long I don't want to compromise too much! Probably will go new. I checked on carwow, there are two or three dealers near me who are offering mid teens discounts. There are a lot of demos around and plenty of new cars in stock!

Icehanger

394 posts

222 months

Friday 5th February 2016
quotequote all
Leo-RS said:
Another example, this time of an early July 2013 13 reg car..

Listed at £58k with Audi...



Only a £47k trade in price with Audi though..



And a strange valuation from WBAC which beats the Audi figure...



So we have £48.5k trade price for the earliest July 2013 car and a £61.8k trade price for the newer Sept 2015 cars.
haha that's the one I looked at in Birmingham Audi...looks like they've dropped the price too

ChrisRS6

736 posts

183 months

Friday 5th February 2016
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Adrian E

3,248 posts

176 months

Saturday 6th February 2016
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ChrisRS6 said:
Can't tell from the advert, but is that more or less 'poverty' spec bar the wheels? Needs a wheel refurb by the one wheel pictured....

drgav2005

960 posts

219 months

Saturday 6th February 2016
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Adrian E said:
Can't tell from the advert, but is that more or less 'poverty' spec bar the wheels? Needs a wheel refurb by the one wheel pictured....
... and it's in white frown

Cheib

23,237 posts

175 months

Sunday 7th February 2016
quotequote all
drgav2005 said:
Adrian E said:
Can't tell from the advert, but is that more or less 'poverty' spec bar the wheels? Needs a wheel refurb by the one wheel pictured....
... and it's in white frown
All true...still very cheap for a 2014 car and it's at a main dealer.

ChrisRS6

736 posts

183 months

Sunday 7th February 2016
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Hardly call them poverty spec....they well equipped anyway.

If your not bothered about side assist and pan roof and stuff....its a good buy.

Although it is white!

Adrian E

3,248 posts

176 months

Tuesday 9th February 2016
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ChrisRS6 said:
Hardly call them poverty spec....they well equipped anyway.

If your not bothered about side assist and pan roof and stuff....its a good buy.

Although it is white!
Yeah, I agree, hence the quotes round poverty. I'm of the view though that if you're spending this amount on a car on anything other than a lease basis there's probably a few boxes you'd want to tick for a keeper.

I'd want the assistance pack (for the ACC), B&O, sports exhaust, Connect, HUD as part of an ideal spec.

And definitely not white or black!

Blue62

8,851 posts

152 months

Tuesday 9th February 2016
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I've been offered 10% plus a 4k contribution off a new car in stock, anyone know how good this deal is? The car in question is around £85k list, so coming in at just over 72k, ready to go.

silentbrown

8,826 posts

116 months

Tuesday 9th February 2016
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10% + 4K : Sounds about right. You'd get pretty much the same discount and contribution for a factory order, so make sure those options are the ones you'd actually want...