Value of Canada-spec 2002 A6 2.7tt
10-18-2007, 10:23 AM
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Value of Canada-spec 2002 A6 2.7tt
A friend of mine has a 2002 A6 2.7tt tip which is coming off lease. It has 75,000 km on it has has an extended warranty until May 08. Dealer serviced, excellent condition.
The buy out is $18.9K, I think its worth more than that on the private market, perhaps $23K.
He is sitting on the fence on whether he wants to keep it. I think he should buy it out regardless and sell it if he decides he doesn't want it.
Any advice would be appreciated.
The buy out is $18.9K, I think its worth more than that on the private market, perhaps $23K.
He is sitting on the fence on whether he wants to keep it. I think he should buy it out regardless and sell it if he decides he doesn't want it.
Any advice would be appreciated.
10-18-2007, 10:54 AM
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If he could actually get $23k for it he would be smart to buy it, but...
On what are you basing that value? $23k seems very optimistic $20k seems to be the high end at KBB and NADA.
Not sure what the used car market is like in your area, but here in MI you'd have a hard time getting $17k for that car.
Not sure what the used car market is like in your area, but here in MI you'd have a hard time getting $17k for that car.
10-18-2007, 10:58 AM
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Thanks. In Canada, especially Vancouver, prices are very high compared
to the US market. That's what makes it so attractive for us Canucks to import cars from the US.
10-18-2007, 11:56 AM
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I think most motorists are afraid of used Audis and with good reason.
Although 23.5K sounds like a great price for that much car I think one could sit on a car like that for a long time trying to sell it for 23.5k. Look on Ebay, there are a bunch of 2004's for well under 20k. I rememmber when I was looking for Stephs Avant I was considering buying a 2002 Avant and there were really nice ones that sat for a long long time on Ebay never selling and they were way less than 20k a year ago.
