Audi TT not shifting?

Cyrus

Morning all

just looking to canvas some opinion (hope this is ok mods im not trying to promote my sale and ive done this before). Ive listed my TT for sale as the customary cyrus 9 month ownership draws to a close .

Its been up on adverts, vagdrivers, donedeal and carzone for 7 days now and not a dickybird.

Im in the nice situation that im only selling to buy something else to try out so there is no pressure on my side, im also loath to sell this car for less than 23k, reason being that it is literally like new and anyone who knows me would know that i dont say that lightly.

so, im well aware that people will tell me if there is no interest the price is too high and thats a fair point, however it is the lowest price coupe on Carzone save for a high miler from a dealer.

so, in your opinion is my asking price off, relative to whats out there, or is the market for a relatively unpractical sporty car over 20k gone?

This is the car in question:

http://www.carzone.ie/search/Audi/TT/2.0-TFSi/201027198707728/advert?channel=CARS

mickdw

Ya market seems to be in sh1t. I had my 08 A5 up for a few weeks, It like yours was the cheapest except for a high mile car & the only interest I got was from people who would ask all the right questions with reasonable knowledge of the car so they were interested to a degree but when they would hear that I wasnt prepared to drop a further pile of money off the asking price, they were not interested. Like yourself, I dont need to sell so will just hold on to it.

I see a set of sessantas on there. Fabulous tyre for any money.

mickydoomsux

2.0 Petrol is the problem. Tax and fuel would be silly expensive.

I'm looking to get rid of my 1.6 Hyundai Coupe because of these factors. €50 a week just to get to work is retarded.

peasant

Maybe you should offer a pair of free, high quality scissors with it?

SCNR :D:D

I'd say this

is the market for a relatively unpractical sporty car over 20k gone

is probably the nub of it. You'll just have to be patient

Cyrus

mickydoomsux wrote: »

2.0 Petrol is the problem. Tax and fuel would be silly expensive.

I'm looking to get rid of my 1.6 Hyundai Coupe because of these factors. €50 a week just to get to work is retarded.

does that attitude still prevail, i find this car incredibly cheap to run, that said my last three cars were 3 litre, 3.2 and 3 litre all bmw 6 cyl petrols, one of them with M power

mickydoomsux

Cyrus wrote: »

does that attitude still prevail, i find this car incredibly cheap to run, that said my last three cars were 3 litre, 3.2 and 3 litre all bmw 6 cyl petrols, one of them with M power

Still prevail? The price of petrol keeps rising and petrol cars over like 1.4 just drink the stuff for the most part. Also the tax costing 3 times what an equivalent diesel will hurts a bit as well.

Cyrus

mickydoomsux wrote: »

Still prevail? The price of petrol keeps rising and petrol cars over like 1.4 just drink the stuff for the most part. Also the tax costing 3 times what an equivalent diesel will hurts a bit as well.

dunno, it does 35-40mpg on a long run, for a light car with 200bhp thats pretty ok me thinks

plus its a 07 so a 2.0 diesel will cost the same to tax?

i dunno i think i have a different mindset

Fizman

mickydoomsux wrote: »

2.0 Petrol is the problem. Tax and fuel would be silly expensive.

I'm looking to get rid of my 1.6 Hyundai Coupe because of these factors. €50 a week just to get to work is retarded.

Nonsense. I have the same engine as the OP ('06 GTI) and like him, I'm finding the car to be a bit more economical than expected. I went from a 1.4 petrol to this 2.0 Tfsi and there is not a whole lot of difference in the mileage I get out of a full tank. I average about 34mpg, but can get around the 40 mark on long runs.

Tax is €614. That's not exactly silly expensive.

TestTransmission

mickydoomsux wrote: »

2.0 Petrol is the problem. Tax and fuel would be silly expensive.

I'm looking to get rid of my 1.6 Hyundai Coupe because of these factors. €50 a week just to get to work is retarded.

mickydoomsux wrote: »

Still prevail? The price of petrol keeps rising and petrol cars over like 1.4 just drink the stuff for the most part. Also the tax costing 3 times what an equivalent diesel will hurts a bit as well.

Cyrus wrote: »

dunno, it does 35-40mpg on a long run, for a light car with 200bhp thats pretty ok me thinks

plus its a 07 so a 2.0 diesel will cost the same to tax?

i dunno i think i have a different mindset

Don't worry,plenty of us think like you do.
The day I buy a 1.4/1.6 diesel cause its cheap to tax I'll know I'm old

mickydoomsux

Petrol cars just aren't shifting anymore. My ma was looking to trade in her 1.6 petrol 08 Suzuki SX4 with f'k all milage to get a diesel SX4 or Kia C'eed and she couldn't get any more than about 9000 for her own.

Dealerships don't want petrol cars because people are dumping them by the truckload and buying diesels.

I fully expect i won't get any more than about 3000 for my '04 Hyundai Coupe when i go to trade it in to get a diesel S40.

mickydoomsux

mickydoomsux wrote: »

2.0 Petrol is the problem. Tax and fuel would be silly expensive.

I'm looking to get rid of my 1.6 Hyundai Coupe because of these factors. €50 a week just to get to work is retarded.

mickydoomsux wrote: »

Still prevail? The price of petrol keeps rising and petrol cars over like 1.4 just drink the stuff for the most part. Also the tax costing 3 times what an equivalent diesel will hurts a bit as well.

Tax on a 2007 2.0 petrol is €600 ish, hardly silly expensive, won't be looney on the fuel either. Your selling a 1.6 Hyundai Coupe because of tax and fuel cost ?

Gumbo

mickydoomsux wrote: »

Petrol cars just aren't shifting anymore. My ma was looking to trade in her 1.6 petrol 08 Suzuki SX4 with f'k all milage to get a diesel SX4 or Kia C'eed and she couldn't get any more than about 9000 for her own.

Dealerships don't want petrol cars because people are dumping them by the truckload and buying diesels.

I fully expect i won't get any more than about 3000 for my '04 Hyundai Coupe when i go to trade it in to get a diesel S40.

tbh, i think its the car that was the problem there!
there are still alot of people buying petrol cars out there!!!

recently sold an 2004 1.6 petrol civic for asking price of just under 8k.

mickydoomsux

RoverJames wrote: »

Your selling a 1.6 Hyundai Coupe because of tax and fuel cost ?

Doesn't make sense to me to pay ~€450 tax a year for the priviledge of putting €50 petrol a week into the car.

If i get a diesel s40 i'll be paying €156 tax and the fuel economy is close to double that of the Coupe.

Vanbis

RoverJames wrote: »

Tax on a 2007 2.0 petrol is €600 ish, hardly silly expensive, won't be looney on the fuel either. Your selling a 1.6 Hyundai Coupe because of tax and fuel cost ?

I'm selling a Golf GTI because of fuel and tax cost and looking to change to a diesel.

OP would you not look a trading in the car if you see or have found something you like? I know you wont get near the asking price but id be surprised if you found a buyer with the asking price. You can tell its in great condition and being well looked after.

Good look with the sale.

Gumbo

mickydoomsux wrote: »

Doesn't make sense to me to pay ~€450 tax a year for the priviledge of putting €50 petrol a week into the car.

If i get a diesel s40 i'll be paying €156 tax and the fuel economy is close to double that of the Coupe.

yes but you'll also pay the premium to buy the 2008 car in the first place which will balance out the savings over the lifetime of your ownership.

mickydoomsux

kceire wrote: »

yes but you'll also pay the premium to buy the 2008 car in the first place which will balance out the savings over the lifetime of your ownership.

I plan on holding on to the s40 for a few years so i'll end up saving. I was going to drive the Coupe into the ground but it just feels like throwing away money now.

Factor in the shafting you get when trading in your car coupled with the auto shaft you get when buying it's replacement and the depreciation on the newish cheap to tax car and you save f all over 3 to 5 years. If you need to replace the DMF or have injector trouble etc it won't be long before you wish you had your petrol back again. False economy is the term I think.

R.O.R

While it looks like a mint example of a 2007 TT Cyrus, the price just seems a bit on the high side to me. I've no idea what others are going for, but book value on an 07 Coupe with 61,000km is €21,100 - that's what it would be expected to sell for from a dealer.

Looking at a similar type of vehicle, an 07 325i Coupe seems to be cheaper. Is it this type of competition that's stopping it from selling?

Gumbo

mickydoomsux wrote: »

I plan on holding on to the s40 for a few years so i'll end up saving. I was going to drive the Coupe into the ground but it just feels like throwing away money now.

have you done the figures to see if you will actually save anything over the course of ownership?

Cyrus

R.O.R wrote: »

While it looks like a mint example of a 2007 TT Cyrus, the price just seems a bit on the high side to me. I've no idea what others are going for, but book value on an 07 Coupe with 61,000km is €21,100 - that's what it would be expected to sell for from a dealer.

Looking at a similar type of vehicle, an 07 325i Coupe seems to be cheaper. Is it this type of competition that's stopping it from selling?

is the 'book value' not what a dealer would offer as a trade in? at €23.5k its the cheapest coupe bar one (the one has nearly 90,000 miles). Then there are some second hand dealers between 24.9 and 26 say, from an audi dealer you are looking at 26.5+?

i take the point on the 325, but again i would have thought the target market would have been scared off by the 'big' road tax and insurance concerns of a 2.5?

GTE

Cyrus wrote: »

dunno, it does 35-40mpg on a long run, for a light car with 200bhp thats pretty ok me thinks

plus its a 07 so a 2.0 diesel will cost the same to tax?

i dunno i think i have a different mindset

Though with a diesel that close to the tax change over to emissions you will probably find people are looking for cars one year younger to avail from it.

Theboinkmaster

Cyrus wrote: »

Morning all

just looking to canvas some opinion (hope this is ok mods im not trying to promote my sale and ive done this before). Ive listed my TT for sale as the customary cyrus 9 month ownership draws to a close .

Its been up on adverts, vagdrivers, donedeal and carzone for 7 days now and not a dickybird.

Im in the nice situation that im only selling to buy something else to try out so there is no pressure on my side, im also loath to sell this car for less than 23k, reason being that it is literally like new and anyone who knows me would know that i dont say that lightly.

so, im well aware that people will tell me if there is no interest the price is too high and thats a fair point, however it is the lowest price coupe on Carzone save for a high miler from a dealer.

so, in your opinion is my asking price off, relative to whats out there, or is the market for a relatively unpractical sporty car over 20k gone?

This is the car in question:

http://www.carzone.ie/search/Audi/TT/2.0-TFSi/201027198707728/advert?channel=CARS

I think the price is reasonable for the car but TBH it's just the overall economy. Rising unemployment etc and the type to spend this money on a car, let along this type of car, is rapidly reducing.

I'd say leave it there and see what happens but i don't think you'll get many calls. Also the colour wouldn't be to my taste at all so think that will make it a bit harder - quite specific to one's own taste.

Best of luck with the sale though.

Cyrus

Theboinkmaster wrote: »

I think the price is reasonable for the car but TBH it's just the overall economy. Rising unemployment etc and the type to spend this money on a car, let along this type of car, is rapidly reducing.

I'd say leave it there and see what happens but i don't think you'll get many calls. Also the colour wouldn't be to my taste at all so think that will make it a bit harder - quite specific to one's own taste.

Best of luck with the sale though.

the colour doesnt photo well at all, it looks more green than grey in the pics, its a colour that changes with the light but 70-80% of the time it looks kinda graphite

R.O.R

Cyrus wrote: »

is the 'book value' not what a dealer would offer as a trade in? at €23.5k its the cheapest coupe bar one (the one has nearly 90,000 miles). Then there are some second hand dealers between 24.9 and 26 say, from an audi dealer you are looking at 26.5+?

i take the point on the 325, but again i would have thought the target market would have been scared off by the 'big' road tax and insurance concerns of a 2.5?

Book value should be what a car is expected to sell for, and should be around what the dealer offers as a trade in. Trade value of the car would be circa €3,000 lower.

The book is sometime way, way off though so maybe the other TT's listed for sale are priced correctly.

I'd see the target market for Coupe's like that as more concerned with the way it looks and how fast it can go (sweeping generalisation), rather than the running costs.

I also suspect the colour might not be to everyone's taste, but someone will be looking for that colour eventually.

Won't start on the dirty, stinking, cheating MH plate

Cyrus

bbk wrote: »

Though with a diesel that close to the tax change over to emissions you will probably find people are looking for cars one year younger to avail from it.

i take the point, but if we are comparing the diesel tt to a petrol one, there is no comparison really, petrol is more powerful, more refined and cheaper second hand id imagine,

if you are going to pay 4-5k more to get a diesel one year newer it will take you a long time to make up the difference in a road tax saving,

but i take the point that a lot of people see the annual road tax as a headline figure for some reason!

Cyrus

R.O.R wrote: »

Book value should be what a car is expected to sell for, and should be around what the dealer offers as a trade in. Trade value of the car would be circa €3,000 lower.

The book is sometime way, way off though so maybe the other TT's listed for sale are priced correctly.

I'd see the target market for Coupe's like that as more concerned with the way it looks and how fast it can go (sweeping generalisation), rather than the running costs.

I also suspect the colour might not be to everyone's taste, but someone will be looking for that colour eventually.

Won't start on the dirty, stinking, cheating MH plate

see my comments on the colour above, i should probably take more pics on a brighter day!

LOL at the MH plate

Cyrus

here are some pics i found on tinterweb showing the various faces of condor grey

GTE

Cyrus wrote: »

i take the point, but if we are comparing the diesel tt to a petrol one, there is no comparison really, petrol is more powerful, more refined and cheaper second hand id imagine!

You are the one that mentioned the diesel tax being the same to be fair so thats why Im continuing to compare but regardless of whether its a petrol or diesel if its an 07 buyers would definitely prefer the 08.

The purchase price is much more but that probably wont register with buyers for different reasons.

Right now there are so many obstacles to overcome and tax is just one part of it all.

Cyrus

bbk wrote: »

You are the one that mentioned the diesel tax being the same to be fair so thats why Im continuing to compare but regardless of whether its a petrol or diesel if its an 07 buyers would definitely prefer the 08.

why would buyers prefer a 08 petrol tt over a 07, tax difference is around €40?

GTE

Cyrus wrote: »

why would buyers prefer a 08 petrol tt over a 07, tax difference is around €40?

I dont quite know, I don't pay much attention to tax myself but to the "average" for want of a better word buyer they will know from once source or another that 08 cars and younger are lower tax in general so that generalisation will stick in their mind when the skim over carzone and the likes. Indeed people who have their homework done will have the actual tax savings in mind but there are even less of those around in the current market.

Anan1

There's a lot of green in all those pics. I prefer it to a simple grey, but i'm not sure that the average buyer would. I recently sold a 1986 Porsche 911, it took a lot of patience and a willingness to drop the price quite a bit when the right buyer came along. It is doable, but you might think a bit more long-term when buying your next car. Or am I already too late?:)

Cyrus

Anan1 wrote: »

There's a lot of green in all those pics. I prefer it to a simple grey, but i'm not sure that the average buyer would. I recently sold a 1986 Porsche 911, it took a lot of patience and a willingness to drop the price quite a bit when the right buyer came along. It is doable, but you might think a bit more long-term when buying your next car. Or am I already too late?:)

bought nothing yet

i thought i was being sensible buying a TT, i thought they appealed to a broad market, compared to the large engined bmws i had before :pac:

TheZ

are people reluctant to drop 23k on a private sale?
at that kind of money do people like the reassurance of a dealer?

Other thing I would say is that it is 07 car and has three owners so that might make people stop and think (not saying any issue).

Cyrus

TheZ wrote: »

are people reluctant to drop 23k on a private sale?
at that kind of money do people like the reassurance of a dealer?

Other thing I would say is that it is 07 car and has three owners so that might make people stop and think (not saying any issue).

yeah i suppose people would be more reluctant to trade privately, again i actually favour private sales as you can meet the owner and get a feel for how the car was looked after but i can understand thats not a common sentiment.

the owner thing, again could be seen as a negative, personally ive never kept a car longer than a year and i think once anyone saw mine their fears would be allayed if they were interested but i take the point!

CountingCrows

I think the colour, private sale factor etc aern't the issue, money talks.

Advertised my GT for a month at 12,950 not a single call, dropped it to 11,500 and the next day I got two enquires, one of whom was lucky enough to drive it away for a bargain

At 21K that car will be gone in no time.

langdang

RoverJames wrote: »

Factor in the shafting you get when trading in your car coupled with the auto shaft you get when buying it's replacement and the depreciation on the newish cheap to tax car and you save f all over 3 to 5 years. If you need to replace the DMF or have injector trouble etc it won't be long before you wish you had your petrol back again. False economy is the term I think.

SSSHHHH! Don't tell them - Petrol cars with proper engines are nice and cheap now, I'd like it to stay that way!

Cyrus - definitely try again with pics, different location/background, different sunlight. I think the green and grey in the background is affecting your camera auto-adjustment. I'm using an awful monitor here tho!

Anan1

Cyrus wrote: »

i thought i was being sensible buying a TT, i thought they appealed to a broad market, compared to the large engined bmws i had before :pac:

'Sensible' is a relative term, you might actually have managed to fall between two stools this time.;)

x in the city

that is cheap for a 07, 21k..

you'd want to lose the hedge and take pics out in the open

next to some vista landmark would be nice.

but the market is f***ed, cars in Ireland are miles cheaper than say Holland or Germany even and almost on par with England

The Recliner

Personally Cyrus I think the colour of the car is great and it looks like it is well cared for and loved

I think it is just the market to be honest, people might be tempted by bargain basement prices but are not looking for reasonably priced non standard cars at the moment

If youa re willing to sell for a cut price then you probably will, if not I think people in general need to be prepared to be in for the long haul these days

Rick Deckard

here's part of your problem;

http://www.carzone.ie/search/Audi/TT/2.0-TFSI/201023198378204/advert?channel=CARS

http://www.carzone.ie/search/Audi/TT/2.0-TFSI/201028198791032/advert?channel=CARS

both come with FASH..
and a warranty..
and seriously undercut you..
i know you'll say you've less mileage, people buying a 3/4 year old car are ready to go for an 80kr

plus you really should be pushing it in it's primary consumer market area:
http://irishhairdressermagazine.ie/

Cyrus

peatcass wrote: »

here's part of your problem;

http://www.carzone.ie/search/Audi/TT/2.0-TFSI/201023198378204/advert?channel=CARS

http://www.carzone.ie/search/Audi/TT/2.0-TFSI/201028198791032/advert?channel=CARS

both come with FASH..
and a warranty..
and seriously undercut you..
i know you'll say you've less mileage, but the day an Audi isn't able for 80K..

To say mine has less mileage is an understatement, even at high annual mileage of 30k, mine has just about 2 years worth of driving less than both of these

they are cheap for a reason, if they were 2005 cars they would struggle to shift them with 90k, not to talk of 07 cars,

also, if i was buying a car coming up on 100k id want a warranty too

bazz26

I think there maybe a combination of factors here:

• The type of car, the TT is not your average run of the mill family car so has a limited appeal in this country.
• The purchase price, €23500 is alot of money to stump up for any car imo. Banks are not lending like they used to.
• Private sale, a bit related to the previous point about banks not lending. I've heard banks only giving loans for cars bought from garages where they will make the draft out directly to the garage. Not sure if this is true but may be a factor when buying private.
• Time of year, summer time is a bad time of the year to sell a car imo, most people are thinking holidays, etc and not really thinking about buying a car.

Just my 2c.

Cyrus

bazz26 wrote: »

I think there maybe a combination of factors here:

• The type of car, the TT is not your average run of the mill family car so has a limited appeal in this country.
• The purchase price, €23500 is alot of money to stump up for any car imo. Banks are not lending like they used to.
• Private sale, a bit related to the previous point about banks not lending. I've heard banks only giving loans for cars bought from garages where they will make the draft out directly to the garage. Not sure if this is true but may be a factor when buying private.
• Time of year, summer time is a bad time of the year to sell a car imo, most people are thinking holidays, etc and not really thinking about buying a car.

Just my 2c.

Just as an aside, the missus was getting a car loan, and the bank tried the same trick, they are trying to get people to take out car finance with them instead of personal loans so thats why they want you to buy from a garage, however if you insist on a personal loan they invariably back down

MarkN

Banks, private sale, price. In that order are your problems.

The banks have a HUGE amount to answer for both in the past but also the present. I know of seriously wealthy people being blankly refused money. BOI and AIB in the last couple of hours have been told they've to lend 12BN in the next year and a half or so - the only thing I've heard mentioned is small businesses though not the public who want to travel, get their kids braces, extend their house, buy a car etc

I sold the M3 in two days, it was more than twice what you're looking for, it was a 4.0L V8 petrol and it still sold. I undercut every other M3 out there and it sold in a dealers - opening up a lot more options for a buyer. "Security", warranty and the banks option of finance through a dealer. I think you need to look at this option if you can.

Cyrus

MarkN wrote: »

Banks, private sale, price. In that order are your problems.

The banks have a HUGE amount to answer for both in the past but also the present. I know of seriously wealthy people being blankly refused money.

I sold the M3 in two days, it was more than twice what you're looking for, it was a 4.0L V8 petrol and it still sold. I undercut every other M3 out there and it sold in a dealers - opening up a lot more options for a buyer. "Security", warranty and the banks option of finance through a dealer. I think you need to look at this option if you can.

would you mind pming me and let me know how this worked mark?

altho my relationship with maxwells isnt as good as yours :rolleyes:altho they owe me a favour :mad:

MarkN

Cyrus wrote: »

would you mind pming me and let me know how this worked mark?

altho my relationship with maxwells isnt as good as yours :rolleyes:altho they owe me a favour :mad:

Oh don't worry, mine wasn't much better until that car sold and the money was in my account.

conneem-TT

I don't think the price is far off Cyrus, it is just the market for the TT is not that big so I don't think you can expect to sell it in one week. The cheapest 07's in the UK are 15.5k pounds and VRT is 6.5k, so that is up on 25k to get the cheapest from the UK but the market here for them is definitely worse so 23k is not out there.

Vertakill

Cyrus wrote: »

does that attitude still prevail, i find this car incredibly cheap to run, that said my last three cars were 3 litre, 3.2 and 3 litre all bmw 6 cyl petrols, one of them with M power

This is part of the problem unfortunately.

People think that their underpowered 1.4's and 1.6's are more economical than a 2.0 litre, without even checking the MPG of the 2.0.

You pay an extra couple hundred euro p/year on road tax, but that money actually buys you an enjoyable driving experience unlike most of the weener engines.

I think 35mpg is probably as good as you can expect from any sports derived car.

I'd hold out at that price. A week is nothing considering the state of the place. If it were me, I wouldn't fiddle with the price too much if you're already at the very cheapest end of the market. People see prices dropping and just sit back and see how low you'll go over the course of a few weeks.

Good luck!

conneem-TT

Vertakill wrote: »

This is part of the problem unfortunately.

People think that their underpowered 1.4's and 1.6's are more economical than a 2.0 litre, without even checking the MPG of the 2.0.

You pay an extra couple hundred euro p/year on road tax, but that money actually buys you an enjoyable driving experience unlike most of the weener engines.

I think 35mpg is probably as good as you can expect from any sports derived car.

A couple of month's ago I was heading over to Germany in my TT, I got from Dublin, through England and half way through Belguim before I had to refill and averaged 41mpg. The 2.0T engine is very efficent when cruising but then can be great fun when you want it

unkel

kceire wrote: »

recently sold an 2004 1.6 petrol civic for asking price of just under 8k.

You did well

The words I had in mind for the buyer however are not exactly compliments

PaulKK

Hmm, I thought your gearbox was borked when I read the title, GLWS though, nice car