Here's to A4 extremely poor resale value
09-22-1999, 12:58 PM
#1
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Here's to A4 extremely poor resale value
Well my Pearl Blue S4 is here after 10 months.
I went in to look at the figures and they will only give me $ 23,000.00 on my 98.5 A4 2.8 fully loaded ($ 36,000.00 + when I bought it this past July) Santorin Blue with Ecru piped leather that has 17" R28s and etc.
Nice to know that my car has dropped in value $ 13,000.00 after 14 months.
I rarely keep a car for more than 2 years and I have never seen such depreciation.
I went in to look at the figures and they will only give me $ 23,000.00 on my 98.5 A4 2.8 fully loaded ($ 36,000.00 + when I bought it this past July) Santorin Blue with Ecru piped leather that has 17" R28s and etc.
Nice to know that my car has dropped in value $ 13,000.00 after 14 months.
I rarely keep a car for more than 2 years and I have never seen such depreciation.
09-22-1999, 01:07 PM
#3
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I've to agree w/Duh. Don't accept that, they're gonna low ball you
to begin with anyway, less trade-in value for you, more $ for them. Call another dealership and inquire, or run a KBB and find out really what the value is. Don't let your dealer give it to you in your shorts just because they believe they've got your cajones in their hand (S4). If you ordered that S4, they know they've the upper hand and they're going to play it. If you trade in cars every 2 years, you should be privvy to this more-so than others. As much as I'd like a S4, I would not take it up the financial **** to get one.
09-22-1999, 01:17 PM
#5
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Just because your dealer says that it's worth $23K doesn't mean that it's true
<center><img src="http://www.kbb.com"></center><p>According to the Kelly Blue book, A 1998 fully loaded 2.8 with 15K miles should be worth 25,960 at trade in, and $31,240 Retail. And that's for a 1998, not a 98.5. Your dealer is trying to rip you off. See for yourself (link below)
09-22-1999, 01:24 PM
#7
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Perhaps $ 25,000.00, but not $ 23,000.00 . . .
The car has less than 15,000 miles.
My wife gets a new BMW approximately every 2 years and I lease a new car for my business every two years. Prior to this A4, I have had MB, BMW, Infinity and etc. I often get a bit restless and trade-in prior to the end of the lease. I do not sell on my own because it is simply too much of a hassle to me. I am accustom to seeing nasty drops in value, but never quiet that bad.
S4 being washed and delivered this evening. Audi's resale still sux.
My wife gets a new BMW approximately every 2 years and I lease a new car for my business every two years. Prior to this A4, I have had MB, BMW, Infinity and etc. I often get a bit restless and trade-in prior to the end of the lease. I do not sell on my own because it is simply too much of a hassle to me. I am accustom to seeing nasty drops in value, but never quiet that bad.
S4 being washed and delivered this evening. Audi's resale still sux.
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09-22-1999, 01:25 PM
#9
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retail value...
It's been mentioned previously, but 23,000 is not the resale value of your car - it's that dealer's opinion of trade-in value. Publications like Edmunds and Blue Book show that quattro resale is better than the average car.
(Look on the bright side - wait for a 1 year old S4)
(Look on the bright side - wait for a 1 year old S4)