Audi S3, ideas of what depreciation I am looking at?
Audi S3, ideas of what depreciation I am looking at?
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EdEd

Original Poster:

97 posts

161 months

Sunday 18th January 2015
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The initial message was deleted from this topic on 06 April 2015 at 22:28

RammyMP

7,748 posts

184 months

Sunday 18th January 2015
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The wife has just part-ex'd her 2010 S3 and got £15500 for it. I thought that was a good price until I went on the Audi used web site and saw they were priced similar to the one you're looking at. I found hers on Autotrader at a shonky used car lot up for £18500, and it's now been sold!

EdEd

Original Poster:

97 posts

161 months

Sunday 18th January 2015
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How did she or you find the car? Why did you part exchange it instead of selling private seeing as they do get 'snapped' up rather quick?

MattS3

2,115 posts

222 months

Sunday 18th January 2015
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Just sold mine to an independent dealer.

2011 plate, on a 60 reg
Black edition sportback
DSG
63k miles.

WBAC we're offering £13,500, local dealer offered £15k 2 months ago, so I advertised it privately for £17,250 (it did require an oil service which I offered to do if it sold but it was a month away from it, so would have cost an extra £200 out of my sale price.

Dealer offered me £16,250, I bid him up to £16,500 with no service. He came and bought it 2 days later with no hassle.

I think they're a little over priced and can be a touch hard to sell privately. Also quite an expensive car to buy for some people who might want dealer finance etc.
To answer your question, you'll probably lose around £2.5 to £3k.

Is it a 3dr or a sportback? The latter is much more saleable as a 'family' car.

Edited by MattS3 on Sunday 18th January 20:21

Adrian E

3,368 posts

207 months

Sunday 18th January 2015
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Expect to lose £5k or so and if it's less than that, all good smile

A 2010 model a year on will be a 6 yr old car, not 5 yr old, so it's on the more gentle depreciation slope, but still has plenty of value to lose.

Mileage is average whereas most around now are low, so priced keenly it will sell. You might find a private buyer but anything over £10k is a struggle for a lot of private buyers that might be interested, which limits your buyers somewhat. Private buyers are typically exceptionally picky so if it's less than perfect in terms of wheel kerbing, tyre life etc expect a low ball offer.

There's been a new model out for a while, so more old shape models will come on to the market as they reach 3 years old and original owners bail out.


RammyMP

7,748 posts

184 months

Sunday 18th January 2015
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EdEd said:
How did she or you find the car? Why did you part exchange it instead of selling private seeing as they do get 'snapped' up rather quick?
Just searched for that car, colour, mileage, age, etc and found it. Didn't sell if privately as I didn't want the hassle.

Driver101

14,451 posts

152 months

Sunday 18th January 2015
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In 18/24 months there is going to be lots of Golf Rs hitting the market due to all those cheap lease deals.

With so many Golfs hitting the market, their depreciation is going to be heavier than the usual hot Golf as there will be too many.

The S3s values will be pushed down as I'm sure more people will be tempted by the newer model, more powerful and a car that is much better.