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Do any of you car buffs know why the 2008 TT market is so soft ?

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Old 01-28-2008, 05:03 AM
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Default Do any of you car buffs know why the 2008 TT market is so soft ?

I did not really expect this when I bought, But I guess the slightly used TT's are very soft in the US Market place. You can buy a used TT with say 3K miles for over $10K off MSRP. All the dealers I talked to said the same thing - TT are soft. (I hate to here this) are they wrong, why is this ? Is it the economy that is pulling the TT value down?
Old 01-28-2008, 05:10 AM
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Simple...there isn't much value factor to them.
Old 01-28-2008, 05:33 AM
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Default 50K is tough to swallow for a TT...in addition there are plenty of other factors...

1. Time of year. People arent buying many sports cars in the dead of winter.

2. The economy def. doesnt help the current situation.

In the next few years I would think this will firm up a little...but it will never be great.
Old 01-28-2008, 06:08 AM
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Default Couple of reasons...

1. Competition (350Z; Corvette; Miata; Boxster; Cayman; Z4; S2000) Each has its merits.
2. Price: 50K just too much IMHO. If Audi goes higher, they are making a big mistake.
3. Dealers:
I got some lease quotes that were astronomical. Was about to get something else till I came accross the forum and got the real numbers. I also brought up the fact that I could have leased a brand new boxster for far less, as well as a Z4M roadster for far less at the time.
Dealer finally relented. Audi really had not been competitive in the leasing end.
4. Economy is not a factor IMHO. Audi is having a record year; Porsche sales increased 20%; Lambo increasing its US presence.
Old 01-28-2008, 06:16 AM
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lack of demand.
Old 01-28-2008, 06:26 AM
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Default KBB reports that Audi is one of the top 10 brands in 5-year resale value

VW is #1 (48.1% of value retained)
BMW is #2 (45.6%)
Audi is #9 (42.6%)

Wonder where the TT will eventually fall into the mix after a few years (probably just a blip on the radar).
Old 01-28-2008, 06:54 AM
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Default I agree with S4 111 also

1. Time of the year

2. Competitive market. BMW was offering a $7,500 incentive on its Z4's. when you can get a Z4M for around the same price as a 3.2 TT, makes ya go hhhhhhmmmmmmm. There are a ton of choices out there. And if you factor in a a 1 or 2 year old CPO sports car it becomes mind-boggling.

3. Economy. If you've got some cash you can pick up some great homes for very reasonable $$$. At least in my neck of the woods. So the folks that were living above their means are thinking twice before purchasing a car.
Old 01-28-2008, 07:29 AM
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The Z4m roadster was really tempting, but by the time I was looking to buy, the deal was gone.
Old 01-28-2008, 08:49 AM
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Default Re: 50K is tough to swallow for a TT...in addition there are plenty of other factors...

I agree with The Chef, plus there is plenty of choice out there as an alternate in the same or less price range.
Old 01-28-2008, 12:31 PM
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I bought one.......'nuff said!!!


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