Value of 2013 S4 Private and Trade

[SE-Chris]

I'd like to gather some feedback on the value of a 2013 S4 Private and Trade

I've done some basic research and gathered some offers so please quickly browse the following and offer any comments you may have:


Vehicle:

2013 S4 Manual
MMI
Carbon Trim
19's
B&O
Miles: ~4000

Truecar Value = $50,809


Offers:
Audi Dealership 1 = 42,000
Audi Dealership 2 = 45,300
Carmax = 46,000

[SteveYem]

If I assume MSRP for your car is $55000 and that the car depreciates 15% within the first year, then the Carmax quote looks close. As a reference, according to Edmunds dot com a new car (example used is Nissan 370z) after one year and 15000 miles would take a 19% hit. What I don't know is how much of that depreciation is due to mileage, and how much is just 1st-year depreciation.

[afig367]

I recently traded my 2013 with 8,600 to a non-Audi dealer for $44,000. Two other non-Audi dealers offered 43,500 and 43,000 respectively.

Car could not be certified due to an aftermarket exhaust. It was a Premium Plus with 18" wheels, MMI, B&O, Sport Diff, and Advanced Key.

[afig367]

What I don't know is how much of that depreciation is due to mileage, and how much is just 1st-year depreciation.

The Porsche dealer told me that for a 2013 putting average miles on each month, the car would depreciate an additional $700/mo over the next 12-18 months before starting to depreciate at a lower rate.

Is that true? I don't know.... I didn't trade to him and didn't think about it very much, but it actually doesn't seem too far out of the ballpark for these sorts of cars.

We're lucky we don't drive Maseratis, which are virtually worthless 5 years after purchase.

[b6onboost]

My only comment is to make sure to take the potential sales tax on the transaction into consideration if you are buying another car. A trade-in often allows you to only pay tax on the net difference. If you sell privately and then buy another car, you'll pay tax on the full purchase price. Trading in a $46k car could easily be $1-2k in tax difference depending on your local %. In a situation like this, it may just about negate the benefit of a private sale.

[SteveYem]

My only comment is to make sure to take the potential sales tax on the transaction into consideration if you are buying another car. A trade-in often allows you to only pay tax on the net difference. If you sell privately and then buy another car, you'll pay tax on the full purchase price. Trading in a $46k car could easily be $1-2k in tax difference depending on your local %. In a situation like this, it may just about negate the benefit of a private sale.

I looked at this aspect when I was considering getting out of my 2012 to upgrade to a 2013 or 2014. My example was this:

Trade value: $40000
Private sale value: $43000
New car price: $55000
State sales tax: 6%

Selling privately and buying new-
Total out of pocket = $55000 + ($55000)(.06) - $43000 = $15300

Trading in-
Total out of pocket = $55000 + ($55000-$40000)(0.06) - $40000 = $15900

To me, the extra $600 I would pay to go the trade-in route is cheap "insurance" versus the BS one can encounter when selling privately....from tire kickers to title transfers to the inherent risk involved with a high dollar one-on-one transaction between two strangers.

[SE-Chris]

Has anyone found details on tax related items for trade-in value?

I did a little digging and it looks like it depends on the state, however I haven't found a direct link to one specific state. Also, i'm not sure what the law or tax rule would be called making it more difficult to locate.


I currently live in California and I find it disgusting that the state can tax someone on a 50,000 dollar vehicle, when you sell that vehicle, the state will collect tax AGAIN when the used vehicle which has already been taxed is re-sold!

[Dcass08]

They like to get that interest back as soon as possible. It's all about the Benjamin's.

[b6onboost]

My point exactly.


To me, the extra $600 I would pay to go the trade-in route is cheap "insurance" versus the BS one can encounter when selling privately....from tire kickers to title transfers to the inherent risk involved with a high dollar one-on-one transaction between two strangers.

It varies by state. In fact many state's have specifc laws on tax related to auto sales. Someone from California will have to chime in or you can just ask your salesman.


Has anyone found details on tax related items for trade-in value? I did a little digging and it looks like it depends on the state, however I haven't found a direct link to one specific state. Also, i'm not sure what the law or tax rule would be called making it more difficult to locate.

[afig367]

To me, the extra $600 I would pay to go the trade-in route is cheap "insurance" versus the BS one can encounter when selling privately....from tire kickers to title transfers to the inherent risk involved with a high dollar one-on-one transaction between two strangers.

This was my logic as well. Selling this kind of car privately wasn't what I was interested in. First, I didn't want a bunch of non-serious people showing up redlining my car. And second, I needed peace of mind knowing there was another car on the lot I could get into at a guaranteed rate.

[jauri]

a lexus dealer said they would give $43,000 for my 2013 s4 - $60,xxx msrp; 7,0xx miles. $1,000 more than an audi stealership. [headbang].

[afig367]

a lexus dealer said they would give $43,000 for my 2013 s4 - $60,xxx msrp; 7,0xx miles. $1,000 more than an audi stealership. [headbang].

I got more than that with a $56k MSRP and 8,600 miles. PM me and I'm happy to give you more details if it'll help you negotiate.

[jauri]

pm sent. thanks.



I got more than that with a $56k MSRP and 8,600 miles. PM me and I'm happy to give you more details if it'll help you negotiate.

[tiznanya]

We don't get a tax break on trade ins in CA. (ie cost of a new car's tax is based on MSRP no matter if you have a trade in or not)

[TheNewestGuy]

a lexus dealer said they would give $43,000 for my 2013 s4 - $60,xxx msrp; 7,0xx miles. $1,000 more than an audi stealership. [headbang].

what are the stats on your car?

[VeryBadman]

a lexus dealer said they would give $43,000 for my 2013 s4 - $60,xxx msrp; 7,0xx miles. $1,000 more than an audi stealership. [headbang].

You are totally screwed by whatever dealerships around your area. I traded in my "2011" S4 with 34k miles and I still got almost 39k out of it.

[jauri]

what are the stats on your car?

what do you mean by stats?

[SteveYem]

what do you mean by stats?

I assumed he meant features

[jauri]

I assumed he meant features

oh my bad...

http://i.imgur.com/g8buDdP.jpg

[jauri]

oh and aspherical mirrors!!!!!!!!

[MeteorS4Ti]

You are totally screwed by whatever dealerships around your area. I traded in my "2011" S4 with 34k miles and I still got almost 39k out of it.

Traded my 2011 S4 Ti w/ 34k for 41k back in Nov 2012.... how are '13 S4s with low miles going for low to mid 40s already?

[VeryBadman]

Traded my 2011 S4 Ti w/ 34k for 41k back in Nov 2012.... how are '13 S4s with low miles going for low to mid 40s already?

Yeah, mine was traded in 9 months after you so it's not a surprise that I would get the lower value (and it's just 2k) but mid 40s for '13 is just strange.

[jauri]

im guess there isnt much demand for used s4's in our area.