Implication of WLTP on D5 Prices - Bargains to be had!

[paulrstaylor]

So I was at a local dealer last weekend, they were making a big thing about new emissions standards meaning they had a fire sale on.

Actually for most of the models the discounts were minimal, already sold all their A3 allocation and Q7's selling themselves, but the A8 seemed to be causing them some headaches as they had a lot to move of what is a low volume car.

Given the deadline they are obviously keen, so they had a pretty good deal available, with an £18K dealer deposit on a 4 year interest free finance package. £4,999 deposit and £499 per month over 4 years seems to good to be true That is on a factory fresh NEW car!!!!!!

I'm not on commission, and sadly I don't need an A8 at the moment, but if anyone is interested the offer can be viewed here https://www.jardinemotors.co.uk/audi...ers/a8-saloon/

[sarg]

Originally Posted by paulrstaylor

£499 per month over 4 years seems to good to be true That is on a factory fresh NEW car!!!!!![/url]

If you only do 5000 miles or year...

Still means you are borrowing 46k on a car that’ll be worth no more than about 38k trade soon as you drive away

[paulrstaylor]

Originally Posted by sarg

If you only do 5000 miles or year...

Mileage could be changed I am sure, doubt it will make a huge difference to deal. It only really matters if you send the car back at 4 years old anyway!

Originally Posted by sarg

Still means you are borrowing 46k on a car that’ll be worth no more than about 38k trade soon as you drive away

Yup, or you could clear the loan on day 1 and pay 46k cash and not borrow it a 0% APR!

It is still cheaper than a demo car, zero previous owners, spec it yourself, new car smell etc..

Any way you slice it, it is a huge discount on RRP - which is likely to reflect badly on used values and undermine D4's also.

A 48 month, 6000 mile per year PCP on this late D4 would be a deposit of £2,500 and ~£493 per month!

Monthly payments	£493.24
Contract length	48 Months
Cash price	£29,782.00
Customer deposit	£2,500.00
Total amount of credit	£27,282.00
Total amount payable	£38,242.28
Representative APR	10.9%
Total interest payable	£8,460.28
Fixed rate of interest pa	10.38%
Optional final paymentThe future market value of the vehicle as predicted/estimated by the lender based on the mileage you expect to drive during the agreement. An optional payment which you have to pay if you want to own the vehicle at the end of the agreement. You must pay this amount to own the vehicle at the end of the agreement, but payment is optional. Some lenders may refer to as a ‘guaranteed minimum future value’.	£12,560.00
Option to purchase fee	£10.00

Some would rightly point out that £2,500 and £0 per month would get you a D2 - but that isn't really comparing apples with apples is it!

Used values are going to be poor, but still they reckon the 20k mile 4 year old D5 will trade for £22k - personally I am not convinced

[sarg]

Mileage makes a huge difference

I’m in the market for something similar, I’d bet 20k per annum would make it at least 600 per month

And why would you pay off 0% finance, that would be pointless

As for speccing it yourself, try it and see the impact that has on payments too as options add nothing at all to residual value

Wait another 3 months and you’ll be able to buy new at not much more than 40k

[sarg]

As for 10.38% APR on the used, is anyone that stupid? Shop around for finance, 6-6.5 is easily achievable, I’m getting offered 5.0 APR on cars younger than 5 years.

And if you borrow less than 25k, Sainsbury’s Bank loans are 2.9% APR

[sarg]

See attached