[Author Prev][Author Next][Thread Prev][Thread Next][Author Index][Thread Index]
Re: Sticker prices?
On Sat, 20 Apr 1996, Cobram wrote:
> I attribute alot
> of this to the discussion now on the list...unintended
> accelation, which destroyed the market for Audi. My 1990 V8Q
> listed for $47,450, and is now worth $13,250 wholesale.
> But, like the printed sticker, the value guides don't take
> manufacturer incentives, rebates etc. into account.
there was a $8000 rebate on v8s in late 1990, which prompted me
to consider one. with a bit of extra arm twisting i purchased
my v8 for $38K before taxes plus a good deal on the extended
warranty. today the car can probably fetch $16K or $17K retail.
not bad depreciation at all i don't think. a tad under 50%
over 6 years.
> Those on the list who bought their Audi's new, can take
> some solice from the resale on the BMW 750IL.
> The 1989 model sold new for a little over $70,000.00 US, and
> today is worth $13,205 at wholesale.
ah, bmw never did suffer from accusations of IA, so what's the real
excuse for the crashing depreciation of these cars? i think the real
reason are the $6000 gearboxes, $1000 control units and $500 broken
electric windows, the same kind of maladies that afflict audis. stuff
like that. i hear that the early 750i's were buggy as hell. what's
a '88 or '91 M5 worth? the bmw salesman even tried to dissuade me
from considering one because he said that the maintenence was
horrifying, even for an audi owner.