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"Used Luxury Cars see Big Price Drops" Wall St. Journal today (Excerpts)----->

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Old 04-22-2003, 10:36 AM
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Default "Used Luxury Cars see Big Price Drops" Wall St. Journal today (Excerpts)----->

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Old 04-23-2003, 10:48 AM
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Default Re: "Used Luxury Cars see Big Price Drops" Wall St. Journal today (Excerpts)----->

Funny you should mention this. I was talking to my wife this morning about her A8. We purchased it almost exactly 2 years ago - a 98 4.2 Q, in near perfect condition ( a few minor scratches), Audi Assured, all options except Winter package and with only 19,000 miles - for $36,000. I thought that I stole it.

It now has 50,000 miles a few more scratches but otherwise in quite good shape. Based upon what I can tell, I might be able to sell it for 22-24. So much for letting the first owner take the big hit.
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