Got a quote from a Dealer for my '04
#1
AudiWorld Senior Member
Thread Starter
Got a quote from a Dealer for my '04
Northern Blue '04 w/ 44,000mi.
premium stitch
19" 12-spoke
auto trunk
premium package
sport package.
It's got normal wear and tear, however it's never been in an accident (not even a love tap). I was going to trade it in and get a brilliant black/amaretto. They were only going to give me $43K+/- for mine and told me the one pay for a three year lease was a total of $49K (I hate payments). The selling price of the '06 is $79,190. I have somewhat of a problem with them wanting more cash from when I'm trading my '04 in for an '06 lease. Maybe I'm unrealistic but it seems on the surface that I should be getting a little money back or worst case break even.
By the way, they told me the residual on an '06 A8L three year lease (15Kmi./yr.) was 55%. Does that sound right?
Thoughts?
premium stitch
19" 12-spoke
auto trunk
premium package
sport package.
It's got normal wear and tear, however it's never been in an accident (not even a love tap). I was going to trade it in and get a brilliant black/amaretto. They were only going to give me $43K+/- for mine and told me the one pay for a three year lease was a total of $49K (I hate payments). The selling price of the '06 is $79,190. I have somewhat of a problem with them wanting more cash from when I'm trading my '04 in for an '06 lease. Maybe I'm unrealistic but it seems on the surface that I should be getting a little money back or worst case break even.
By the way, they told me the residual on an '06 A8L three year lease (15Kmi./yr.) was 55%. Does that sound right?
Thoughts?
#3
Kelly Bluebook Online - for trade...for 2004 A8L
Excellent $47,875
(Selected)
Good $45,390
Fair $40,930
List Your Sedan For Sale
Shop for a New Vehicle
Vehicle Details Change Equipment
Engine: V8 4.2 Liter
Transmission: Automatic
Drivetrain: Quattro AWD
Mileage: 28,000
Selected Standard Equipment
Air Conditioning
Power Steering
Power Windows
Power Door Locks
Telescoping Wheel
Cruise Control
AM/FM Stereo Multi Compact Disc
Bose Premium Sound
OnStar
Navigation System
Dual Front Air Bags
F&R Side Air Bags ABS (4-Wheel)
Traction Control
Leather
Dual Power Seats
Moon Roof
Alloy Wheels
Selected Optional Equipment
Integrated Phone Parking Sensors<ul><li><a href="http://www.kbb.com/">Kelly Blue Book</a></li></ul>
(Selected)
Good $45,390
Fair $40,930
List Your Sedan For Sale
Shop for a New Vehicle
Vehicle Details Change Equipment
Engine: V8 4.2 Liter
Transmission: Automatic
Drivetrain: Quattro AWD
Mileage: 28,000
Selected Standard Equipment
Air Conditioning
Power Steering
Power Windows
Power Door Locks
Telescoping Wheel
Cruise Control
AM/FM Stereo Multi Compact Disc
Bose Premium Sound
OnStar
Navigation System
Dual Front Air Bags
F&R Side Air Bags ABS (4-Wheel)
Traction Control
Leather
Dual Power Seats
Moon Roof
Alloy Wheels
Selected Optional Equipment
Integrated Phone Parking Sensors<ul><li><a href="http://www.kbb.com/">Kelly Blue Book</a></li></ul>
#5
Potsie, gotta be honest that is a very good offer for trade on your car.
Wholesale number for your car is $39,900 - 41,700 depending on the region.
The one pay with 15k per year doesn't look to bad, but they cannot really play much with the numbers as the MF is reduced compared to monthy pay. I think they showed you a few $k on the trade value. What is the cap cost on the new car?
The one pay with 15k per year doesn't look to bad, but they cannot really play much with the numbers as the MF is reduced compared to monthy pay. I think they showed you a few $k on the trade value. What is the cap cost on the new car?
#7
Potsie - with a little help from friends on this list I got the dealer up to $49K...
but my car had a lot fewer miles than yours. Also, one dealer *really* wanted the car. He knew his clientele and thought he'd be able to sell it quickly. (And he did, indeed.) It's worth it to shop your car around to different dealers, if my experience is any indication.
Good luck!
Good luck!
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#8
Audi A8L values drop faster than bad internet stocks...
I'm amazed at how fast this car drops in value. I love it but might have to look elsewhere for the next lux sedan. Its too bad.
24 months old in June, 22k miles and looking at $42K on a trade... damn!!
24 months old in June, 22k miles and looking at $42K on a trade... damn!!
#9
It's really not that bad...
If you compare wholesale values with similar cars...Using 30k mile avg...
2004 Audi A8L 4.2:
Above - $48,600
Average - $45,600
Below - $42,600
2004 BMW 745Li:
Above - $53,200
Average - $49,900
Below - $46,600
2004 Mercedes-Benz S430:
Above - $49,700
Average - $46,200
Below - $42,600
2004 Lexus LS430:
Above - $42,400
Average - $40,000
Below - $37,700
2004 Audi A8L 4.2:
Above - $48,600
Average - $45,600
Below - $42,600
2004 BMW 745Li:
Above - $53,200
Average - $49,900
Below - $46,600
2004 Mercedes-Benz S430:
Above - $49,700
Average - $46,200
Below - $42,600
2004 Lexus LS430:
Above - $42,400
Average - $40,000
Below - $37,700
#10
Re: Got a quote from a Dealer for my '04
I'm interested in exchanging my leased 2004 A8 for a 2006.
I ordered the car before it was in the showroom and before all the options were available. There are new options I'd like to have.
How much of a hit will I take if I re-lease early?
Keep in mind my lease payment is expected to increase, is this an incentive for Audi to negotiate or don't they care?
I ordered the car before it was in the showroom and before all the options were available. There are new options I'd like to have.
How much of a hit will I take if I re-lease early?
Keep in mind my lease payment is expected to increase, is this an incentive for Audi to negotiate or don't they care?