Sell or keep?

Titan · #1 24th March 2016, 03:53 PM

Having just bought a Golf automatic for my Mum, her A8 (FL 2.8QS that once belonged to The Laird) is surplus to requirements. I've got it in storage and wonder if I should just lay it up and keep it? It's probably not worth much, hence my thoughts about storing it for a long time but I'm aware it's not an S8 so will it be worth anything in the future? I've seen Audi 100's and 200's being sold for decent money recently, even basic models, so it might be a worthwhile gamble.
I think the A8 will be a future classic but who knows. This all stems from selling my Audi Coupe GT about 12 years ago for buttons and now wishing I had kept it for all I got for it! I didn't have the space back then but I do now so should I keep the A8?

tintin · #2 24th March 2016, 04:24 PM

I think there's two ways of looking at this: financially, and emotionally.

Financially, given that you've said got storage, you could simply do a comparison of the cost of keeping it vs it's appreciation in value - which is a moot point, as you've said.

I think they will appreciate, but not by as much as a Coupe (or even an S8); large saloons are a lot less fashionable and desirable in the eyes of the general public, so I wouldn't bank on it being worth, say, more than £6-10k in five years time (depending on condition, history, mileage, etc). On the other hand, if it's SORNed, your maintenance and running costs are minimal.

Emotionally, would you miss it? If so, and the ££ costs are minimal, then I'd keep it, provided you've got the time/inclination to give it some periodic TLC, which can be therapy/fun, rather than a chore, if it's not your main daily car.

tc4332 · #3 24th March 2016, 05:20 PM

+1 Exactly what he said.

Dezzy · #4 25th March 2016, 09:09 AM

I'm in the same place at the moment. Only 60 something of mine left and it's been legendary truly a stalwart. I did say to my self I'd get shot when it died but bloody thing hasn't. I'll genuinely be sad to see it go. But I'm sure it's new owner will have plans.
You're in a quandary only you can decide.

tonupkid · #5 25th March 2016, 05:03 PM

Sell it. Get an S8 and keep that

The_Laird · #6 26th March 2016, 08:31 AM

IMHO, as and when the '8s start to appreciate, the S8 will be the one that fetches the serious money (even though some may argue that the 4.2 is a more practical option). And, much as I really like my old 2.8 (and might consider taking her back!), I doubt if that model will ever be a real collectors item. Consider the Escort Cosworth vs a standard Escort, for example.