Trade In Values

dubg

Just wondering what trade in value should i be getting for my car against the same model. Have an 2011 Audi A1 im trading in against another new A1. I have seen a similar model on carzone but mine is a sport and better equipped. Cost 26k new and buying a similar priced A1. Car is in great condition and low mileage. Thanks

Henry Ford III

60% of the new gross list price maybe?

pburns

Why on earth are you changing after one year for an identical car? You know 1st year depreciation is the biggest and that you will lose a packet?

dubg

pburns wrote: »

Why on earth are you changing after one year for an identical car? You know 1st year depreciation is the biggest and that you will lose a packet?

It will be 2 years in Jan. Changing to auto for the OH to drive... They dont like sticks...

pburns

dubg wrote: »

It will be 2 years in Jan. Changing to auto for the OH to drive... They dont like sticks...

Well yeah I guess you need to change then.

If the A1 is in demand you should get a fair whack. Selling it privately and buying straight might get you a better deal but you'd need to do the sums for that particular model and factor in the hassle involved.

racer1

Mate of mine went to trade in there present 11 registered for a 13 reg new car. They have kid on the way and want 5 door. Car cost 27k new. Got offered 16k for it... I think Audi resale value is a myth lol.... He told salesman to go jump....

dgt

dubg wrote: »

It will be 2 years in Jan. Changing to auto for the OH to drive... They dont like sticks...

You have more than one other half? :eek::pac:

All I can suggest is look at similar spec cars for sale on the interweb

dubg

dgt wrote: »

You have more than one other half? :eek::pac:

All I can suggest is look at similar spec cars for sale on the interweb

One OH is enough to deal with.......:D:D:D

dubg

OK update... I just got offered 45% of what i paid for the Audi off the dealer i purchased it from new 2years ago... Audi cars holding value is a joke........

FrontDoor

I'm not surprised.

People who trade every couple of years get roasted, with very few cars being an exception.

I know some people on their 4th B6 Passat for instance. I wouldn't like to think how much all that cost.

dubg

Well i don't trade that often. I was planning to keep the car for 4 years. But circumstances have changed. Anyway i wont be trading at that price circumstances or not.

FrontDoor

I'd put it up on the web at a bit below what you'd expect to pay in a garage and forget about it.

Sooner or later, somebody might bite.

Go with cash then.

Otherwise, tell the missus to get used to a stickshift ...

I'd also travel around the country a bit and see about trading elsewhere. Somebody like Al Hayes could give you a great price for it, or just as easily, worse ....

dubg

I am getting a feeling talking to people here all the dealers know each other too well and that they are not going to be much difference between them. I am going down the country this weekend so i hope to get to a couple of dealers. I may put it up online myself.

partyatmygaff

Depreciation is bad enough in a private sale, having to take an even bigger hit so the dealer can make a profit makes it much worse. Trading in a nearly new car is a sure-fire way to lose a huge amount of money. Especially with premium marques like Audi.

I'd say you should expect to get around 60-70% of the new value of the car. It has to be low enough to make it attractive compared to a new car.

Henry Ford III

Sell it yourself. It's got to be worth €1000+ to you.