Hi Matt,
I would welcome your guidance on the following;
5 years ago I bought a new Audi A4 3.0 Sport Cabriolet costing approximately £33k. I’m advised that the car is now worth approximately £13k part exchange, despite it being looked after very well and having a full manufacturers service history etc. Although I get close to 30mpg, I am concerned about fuel prices rising yet higher in the future and the additional expense that will arise. I thought about trading it in for another car which is a couple of years younger, of good build quality and economical on fuel, say a BMW coupe 2.0 d, and putting in £2-3k of my own money, but the choice isn’t great at that value. When I look at other models I can’t help thinking that I’d be trading in a very nice car for something that is a bulk standard car of a lower build quality.
An alternative is to buy a second old small car which I can use to run around in most days for short journeys – if I can get one for around £1,000 and which will be reasonably reliable, and use the Audi on the rarer occasion when the weather’s nice etc.
Do you have any suggestions for that second car or indeed an alternative approach?
Regards
Milan Grubnic, UK
Answer
Hi Milan,
Thank goodness you wrote.
Your car is worth £16,000 in a private sale. Don’t throw £3,000 away just because its easier to part exchange.
That will give you a budget of £19,000. If you still like the Audi, get a 2.7 Tdi A4 from 2006 with average mileage of 25,000.
Or if you want a change, try a coupe like the 2005 Mercredes-Benz CLK 220 Cdi.
Matt
Keywords:
part-ex-deal, part-exchange, audi-a4, mercedes