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A8?
Anyone have experience with an A8?
Are there any good Audi boards? What is an '01 worth with avg milage good shape? Thanks, Jeb '79 930 |
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They are awesome cars, but depreciate like a peanut butter sandwich. Which makes them one of the biggest bargains out there for a used car, just make sure that you steal it because it will continue to lose value on a monthly basis. For current market values, (on any common car), check ebay. 11 or 12 A8s on there yesterday. Good luck. :cool:
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Why do they depreciate so much?
A car dealer freind of mine just bought one at the auction to try. They seem to be a really good value for a great car. Are there service or longevity issues? Is it the aluminum body? Just wondering - off P-car topic. Jeb '79 930 |
My wife bought an A8 about 1.5 years ago. She got a '98 w/26K miles on it, Audi Assured (used warranty) from a dealer for $35K. That purchase was in 2001, so a car with about 8K miles/year dropped to about half it's original MSRP in 3 years. Ouch. The car now has 50K miles on it, and is probably worth low-mid $20s. Ouch again, but less ouch than the original owner. Very nice car...total luxo, gobs of torque, and the quaatro makes for pretty good handling on a heavy car. If you get one out of warranty though I suspect it could end up being pretty expensive. They are very complex cars. Hers will be out in 6 months or so and she's considering a swap, especially since she doesn't have to commute any more.
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audiworld.com is awesome, good people. My dad has an a8 it is awesome but for some reason its value dropped like a hot rock. Bag the a8. Get a6 4.2 it is same engine but lasts.
joe 68 l (wife has a6 wagon w/quattro ...it is sweet) |
Most Audi's seem to turn into money pits at around 60K miles. I bought a 97 A6 Quattro Avant, with 25K miles, in March 2000 for $25K (almost 50% depreciation!). It had two years left on the 5 year/75K warranty, which was a blessing becases the local dealer has had to do lots of warranty work (transmission seals, both rear brake calipers, new sunroof, water pump, speed sensor, to name a few). From what I read on the Audi BBs, my experience is not atypical. As soon as the warranty expired, it needed new front struts, shocks and rear transmission pinion seal (total $1600). As a precaution, I had the timing belt replaced ($350) at 55K miles, because lots of them break well before the 90K recommended change period. I will probably sell it in the spring ...
There is a good reason why Audis depreciate so fast: they are unreliable and very expensive to repair. I love my Audi - the way it drives, looks and feels - but I would never buy another Audi, unless I planned to sell before the warranty expired. On the bright side, friends who own Volvos tell me stories that make my experience seem cheap by comparison. |
It has been a while since I owned one - but I loved both of the ones I owned, and their longevity seemed very good.
I had an 87 Coupe which I put 150K on and had almost no repairs other than the stupid digital dash. I sold it with about 180k and it had a bad ring - but no other problems (in hindsite I should have rebuilt the engine and kept the car because I loved it. I then had a 1991 90 Quattro. Which I also liked very much - but didn't have more than a year or so. It was totaled in an 18 car pile-up. My wife and I walked away without a scratch - but the car was toatled. NOSTATIC - knowing you - I'm sure you drove everything around. How did it compare to a 740? Jeb |
I have had a 100cs, 90 quattro, a6 quattro, s4 quattro. All great cars. I buy used (5k-20k miles)and sell before 100K. I have put over 270k on Audis without a problem...but I would sell before the warranty is up.
Jim |
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BY Comparison..... I own a 98 Ford F150 with 68K on it so far I had to replace the tires at 67K. Front Pads and Fuel Filter at 51K...about $700.00 so far. I know trucks and cars are apples and oranges.
I owned a Rolls Royce another rock as far as depreciation goes.... the oxygen sensor on the Rolls was $60.00 the very same oxygen sensor was used on a Volvo $110.00. Get the idea... BTW I also owned a Volvo to... In other words I got tired of paying matience on cars...... |
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