The New Audi S4 2014 Release date? B9 ..2nd Hand Residuals
Discussion
I'm looking at purchasing a 5dr 2010-2011 Audi S4 which is the B8 model in Audi Editions speak for circa £22,000. However slightly worried at purchasing at the wrong time and losing a pile of ca$h because of the new B9 that is on the horizon. Already worried at what two years does on depreciation.
2008 - 50k miles are @ £14-£16k
2010 - 45K miles are @ £20-£23k
Probably should just pay the money, enjoy the car and think about residuals in 2-3 years ... procrastinator
2008 - 50k miles are @ £14-£16k
2010 - 45K miles are @ £20-£23k
Probably should just pay the money, enjoy the car and think about residuals in 2-3 years ... procrastinator
What £ value are you happy to accept in losing in depreciation a year?
Used cars over 3 years old tend to lose at least 20% of their market value each year so buy a £20k car expect to lose at least £4k year one then £3.2k year two then by the end of year three it will be worth under £10k.
Of course it might lose less - but I'd doubt more unless there is a problem with your car. Plan for the worst /expected and if its not as bad that's a nice problem to have but plan for the best then you only have a problem to face.
Used cars over 3 years old tend to lose at least 20% of their market value each year so buy a £20k car expect to lose at least £4k year one then £3.2k year two then by the end of year three it will be worth under £10k.
Of course it might lose less - but I'd doubt more unless there is a problem with your car. Plan for the worst /expected and if its not as bad that's a nice problem to have but plan for the best then you only have a problem to face.
Welshbeef said:
What £ value are you happy to accept in losing in depreciation a year?
Used cars over 3 years old tend to lose at least 20% of their market value each year so buy a £20k car expect to lose at least £4k year one then £3.2k year two then by the end of year three it will be worth under £10k.
Of course it might lose less - but I'd doubt more unless there is a problem with your car. Plan for the worst /expected and if its not as bad that's a nice problem to have but plan for the best then you only have a problem to face.
Cranking info.. thanks for thatUsed cars over 3 years old tend to lose at least 20% of their market value each year so buy a £20k car expect to lose at least £4k year one then £3.2k year two then by the end of year three it will be worth under £10k.
Of course it might lose less - but I'd doubt more unless there is a problem with your car. Plan for the worst /expected and if its not as bad that's a nice problem to have but plan for the best then you only have a problem to face.
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