Should I buy a 2010 A4 Premium Quattro Sport?!

[ruskiybro]

Hello. First time posting here. I am 18 in february 19th. I work 3 jobs and make around 500-600 a month from paychecks.... plus around 200-300 in tips. So around 800. Now i currently drive a 2005 Jeep Grand Cherokee Laredo with 150,300 miles on it. It is my dads and he pays for everything but gas. I want my own car that I can work on, modify and do what I want with. Sounds childish I know but I love cars. Im a russian!


Anyway my friend/manager has a 2010 Audi a4 Premium Quattro with Sport Package. It has 101,000 miles on it. He is losing his license for 6 months or more. He is looking to sell it at Kelly Blue Book price which is between 8-10k. Now I can come up with that money in the end of Feb or beginning of March. The car has almost no body damage, has never been in an accident, and has had 2 owners. My friend has done regular maintenance on the car whenever the computer told him to. He is putting a new headlight because his old one got smashed (he does illegal business at times). He is putting in brand new brakes. The car seems to have no problems to it, except a little alignment issue that I or he would fix, and the tire pressure light kept blinking but is gone now. He has all the maintenance and upkeep records from the previous owner and himself since the car was new. Before I buy, I will also have a specialist inspect it.


Now my problem here is... I would be paying for the car, the insurance monthly, state inspections, and license plate plus property tax monthly/yearly. I know I can afford all this... but I cannot afford if there are many problems with it. My coworker bought an a5 coupe.... and she has had to fix big problems every month since she bought it. This is about all the information i have on her car. Anyway... do you all think I should but the car or not? For me it seems like an amazing deal and a opportunity I shouldn't miss... but it could turn out amazing or horrible.

Any suggestions?

[JDillon15]

Hello. First time posting here. I am 18 in february 19th. I work 3 jobs and make around 500-600 a month from paychecks.... plus around 200-300 in tips. So around 800. Now i currently drive a 2005 Jeep Grand Cherokee Laredo with 150,300 miles on it. It is my dads and he pays for everything but gas. I want my own car that I can work on, modify and do what I want with. Sounds childish I know but I love cars. Im a russian!


Anyway my friend/manager has a 2010 Audi a4 Premium Quattro with Sport Package. It has 101,000 miles on it. He is losing his license for 6 months or more. He is looking to sell it at Kelly Blue Book price which is between 8-10k. Now I can come up with that money in the end of Feb or beginning of March. The car has almost no body damage, has never been in an accident, and has had 2 owners. My friend has done regular maintenance on the car whenever the computer told him to. He is putting a new headlight because his old one got smashed (he does illegal business at times). He is putting in brand new brakes. The car seems to have no problems to it, except a little alignment issue that I or he would fix, and the tire pressure light kept blinking but is gone now. He has all the maintenance and upkeep records from the previous owner and himself since the car was new. Before I buy, I will also have a specialist inspect it.


Now my problem here is... I would be paying for the car, the insurance monthly, state inspections, and license plate plus property tax monthly/yearly. I know I can afford all this... but I cannot afford if there are many problems with it. My coworker bought an a5 coupe.... and she has had to fix big problems every month since she bought it. This is about all the information i have on her car. Anyway... do you all think I should but the car or not? For me it seems like an amazing deal and a opportunity I shouldn't miss... but it could turn out amazing or horrible.

Any suggestions?

Man, there's a lot here. 5-600 (+2-300tips) is that net or before taxes?

Being in an Audi at 18 will effect your insurance. It might be less than your dad pays for the jeep (depending how he has it set up), but that's something to consider. Plus, what type of coverage will you carry?

Based on your story, I'm going to assume your friend hasn't done preventative maintenance. Meaning, anything that is more than the bare minimum required. In the Audi world, that's usually not a good thing.

Plus, what expenses/opportunities will come up in the future? What I mean by that is, are you putting yourself under financial stress to purchase this car. If you are, then it might not be a good decision.

Is it do-able? Probably. But coming from a 21 year old who has owned (title in hand) two Audis, both of which were over 10k, you just have to find out what makes financial sense. It's not always buying the 'flashy' car. Even though, most guys on here do like our 'flashy' cars.

I would say age shouldn't be a large determining factor. Your financial situation is much more important.

[JeriQo]

You get that car now, by 25 youll be owning lambos. Having nice things makes you want to make more money. You just keep moving up from there. I think itll be a nice trial for you. Go for it.

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[skis4hire]

.. but I cannot afford if there are many problems with it. My coworker bought an a5 coupe.... and she has had to fix big problems every month since she bought it. This is about all the information i have on her car.

100,000 miles is about the time you should expect large ticket maintenance items on an Audi to show up. This is likely what your friend is experiencing and is not unusual.
Expect to budget $1000/year for these items, and keep the money saved if you don't use it that year as there are items that would be a >$1k repair.
This is on top of normal expenses like new tires etc. and small things that you can fix yourself. Expect to quickly become knowledgeable about basic auto repair out of financial necessity.

For me it seems like an amazing deal and a opportunity I shouldn't miss... but it could turn out amazing or horrible.

I would not consider purchasing at KBB a deal, so I would certainly not rush to purchase this car now because of that.
Also, make sure you don't skimp on the insurance - make sure your coverage is somewhere around 100,000/300,000/100,000 and includes collision.
To me it seems like you're really stretching your budget.

[Project Quattro]

Read the Buyer's Guide I put together a few days ago, it may help with some things to consider. Also, is it a premium or a premium plus? We'd be able to tell with pictures.


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[blbroo]

If you are worried about things going wrong and not having the cash to pay for it, you might have a tough time having money for mods, even if nothing goes wrong. Aftermarket parts for these cars are not as cheap or ample as Hondas, Subarus or even Jeeps. If you really want to make it fast, and handle well, you will need at least $4000 for parts. For instance, a turbo upgrade is $2000+, but you need $700 in upgrades to support it.
Also, at 100,000 miles, you should really change the timing chains out, that will be $600 if you do it yourself or $1200 at a shop.
These are great cars and I love mine, but they are not cheap to play with.

[Shimmy]

I would pass on it

[kaz02a4]

This isn't a great idea. At 18, you're probably gearing up to either move out or go to school. Your expenses will shoot up, and $800 per month isn't going to seem like a lot, especially with a car (and potentially a car payment) like an Audi. I'm taking all of this at face value, with plenty of assumptions, so take it for what it's worth.

If you have a budget, as well as a clear path forward (where you'll be living, what jobs you'll hold, etc.), then take a look into ALL the expenses. Tax, title, and registration can be anywhere from $500 to $1500 one-time. My insurance for a guy under 25 with a clean driving history works out to ~$60 a month. Gas will be another $50-$100 a month, depending on how much you drive. A car payment can be another $100-$200. And we haven't even talked about the fun mods yet...they aren't cheap for these cars, either (as blbroo pointed out).

You want a car to modify and have some fun with. Worrying about your bank account at the end of each month isn't fun. Unless you KNOW your budget and expenses inside and out, and KNOW you can afford it, then do it. Personally, I wouldn't, but that's just my $0.02

[The Infiltrator]

This isn't a great idea. At 18, you're probably gearing up to either move out or go to school. Your expenses will shoot up, and $800 per month isn't going to seem like a lot, especially with a car (and potentially a car payment) like an Audi. I'm taking all of this at face value, with plenty of assumptions, so take it for what it's worth.

If you have a budget, as well as a clear path forward (where you'll be living, what jobs you'll hold, etc.), then take a look into ALL the expenses. Tax, title, and registration can be anywhere from $500 to $1500 one-time. My insurance for a guy under 25 with a clean driving history works out to ~$60 a month. Gas will be another $50-$100 a month, depending on how much you drive. A car payment can be another $100-$200. And we haven't even talked about the fun mods yet...they aren't cheap for these cars, either (as blbroo pointed out).

You want a car to modify and have some fun with. Worrying about your bank account at the end of each month isn't fun. Unless you KNOW your budget and expenses inside and out, and KNOW you can afford it, then do it. Personally, I wouldn't, but that's just my $0.02

This

[Crucible35]

Purchasing a used vehicle where the purchase price is essentially close to your entire annual income is not such a great idea in it's simplest form.

[smitty2480_09]

My insurance with no accidents, 2 speeding tickets for full coverage is $175 a month. I'm 24.


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[JeriQo]

Purchasing a used vehicle where the purchase price is essentially close to your entire annual income is not such a great idea in it's simplest form.

he lives with his parents tho.
and thats only a 10k car. he can pay that off in less than a year if he wanted to.

[JoshDub]

Hello. First time posting here. I am 18 in february 19th. I work 3 jobs and make around 500-600 a month from paychecks.... plus around 200-300 in tips. So around 800. Now i currently drive a 2005 Jeep Grand Cherokee Laredo with 150,300 miles on it. It is my dads and he pays for everything but gas. I want my own car that I can work on, modify and do what I want with. Sounds childish I know but I love cars. Im a russian!


Anyway my friend/manager has a 2010 Audi a4 Premium Quattro with Sport Package. It has 101,000 miles on it. He is losing his license for 6 months or more. He is looking to sell it at Kelly Blue Book price which is between 8-10k. Now I can come up with that money in the end of Feb or beginning of March. The car has almost no body damage, has never been in an accident, and has had 2 owners. My friend has done regular maintenance on the car whenever the computer told him to. He is putting a new headlight because his old one got smashed (he does illegal business at times). He is putting in brand new brakes. The car seems to have no problems to it, except a little alignment issue that I or he would fix, and the tire pressure light kept blinking but is gone now. He has all the maintenance and upkeep records from the previous owner and himself since the car was new. Before I buy, I will also have a specialist inspect it.


Now my problem here is... I would be paying for the car, the insurance monthly, state inspections, and license plate plus property tax monthly/yearly. I know I can afford all this... but I cannot afford if there are many problems with it. My coworker bought an a5 coupe.... and she has had to fix big problems every month since she bought it. This is about all the information i have on her car. Anyway... do you all think I should but the car or not? For me it seems like an amazing deal and a opportunity I shouldn't miss... but it could turn out amazing or horrible.

Any suggestions?

Oh my god this is terrible written all over it.

[Crucible35]

he lives with his parents tho.
and thats only a 10k car. he can pay that off in less than a year if he wanted to.

Living with his parents makes no difference. I'm simply talking about debt load (cost of the vehicle) versus income......bad idea. He won't be able to pay it off in a year based on his post unless he gets cash from his folks. Not to mention the associated risk he mentions.....if the car has any problems he likely won't be able to afford the fix.

Wait, you're not the guy who was suggesting a 144 month car loan were you?

[Crucible35]

......

[booost]

Sounds like you can't afford this car unless you have a decent emergency fund stashed away for potential repairs.

[JeriQo]

Living with his parents makes no difference. I'm simply talking about debt load (cost of the vehicle) versus income......bad idea. He won't be able to pay it off in a year based on his post unless he gets cash from his folks. Not to mention the associated risk he mentions.....if the car has any problems he likely won't be able to afford the fix.

Wait, you're not the guy who was suggesting a 144 month car loan were you?

lol nope. please bump that thread id like to read it haha!

man ive seen dudes who work at bestbuy driving brand new evos/wrx --- living with their parents. i think hed be alright with a 10k loan with miscellaneous expenses. no rent, no problem.

[B-Time]

man ive seen dudes who work at bestbuy driving brand new evos/wrx --- living with their parents. i think hed be alright with a 10k loan with miscellaneous expenses. no rent, no problem.

^Well those dudes are idiots.

Keep the jeep, buy a book on personal finance, and invest your savings.

[Crucible35]

my mistake..... A couple of months ago...yeah.....there was a similar thread where a young guy came on suggesting that anyone could afford the car if they took out a 144 month note....and, of course, he got hammered by most other members.

There isn't enough information in his post to get a sense of his position. Like I said, just in principle, buying a $10k car when making $9,600/yr is a recipe for disaster...as another poster mentioned above. Dudes at Bestbuy driving Evos/WRXs....we don't know what their financial background is either. They may have super wealthy parents who float the bills. Sounds like the OP is doing it on his own.

[Crucible35]

my mistake..... A couple of months ago...yeah.....there was a similar thread where a young guy came on suggesting that anyone could afford the car if they took out a 144 month note....and, of course, he got hammered by most other members.

There isn't enough information in his post to get a sense of his position. Like I said, just in principle, buying a $10k car when making $9,600/yr is a recipe for disaster...as another poster mentioned above.

Dudes at Bestbuy driving Evos/WRXs....we don't know what their financial background is either. They may have super wealthy parents who float the bills. Sounds like the OP is doing it on his own.

[JeriQo]

my mistake..... A couple of months ago...yeah.....there was a similar thread where a young guy came on suggesting that anyone could afford the car if they took out a 144 month note....and, of course, he got hammered by most other members.

There isn't enough information in his post to get a sense of his position. Like I said, just in principle, buying a $10k car when making $9,600/yr is a recipe for disaster...as another poster mentioned above. Dudes at Bestbuy driving Evos/WRXs....we don't know what their financial background is either. They may have super wealthy parents who float the bills. Sounds like the OP is doing it on his own.

we can give OP the advise all we want but its really up to him.

if he wants it, hes gonna get it!

and 144 month goddamn... only the interest would be paid off in 2 years lol

[JeriQo]

my mistake..... A couple of months ago...yeah.....there was a similar thread where a young guy came on suggesting that anyone could afford the car if they took out a 144 month note....and, of course, he got hammered by most other members.

There isn't enough information in his post to get a sense of his position. Like I said, just in principle, buying a $10k car when making $9,600/yr is a recipe for disaster...as another poster mentioned above. Dudes at Bestbuy driving Evos/WRXs....we don't know what their financial background is either. They may have super wealthy parents who float the bills. Sounds like the OP is doing it on his own.

we can give OP the all the advice int he world but its really up to him.

if he wants it, hes gonna get it!

and 144 month goddamn... only the interest would be paid off in 2 years lol

[SleeperCar]

you make 900 a month? damn....dont get an audi yet.....

[SLVR-B8]

Smart financial decision will be 25% of your annual gross income will be the maximum price for a car you can buy.

In your case give and take $10K annually your income is, so you should looking for car around $2500.

Car is not an investment, might be cool driving around in it, but it's just a car it depreciate every month. Base on your story, this is not a smart decision.
I recommend getting a B5 to start or even an older Volkswagen to start. These German cars not cheap to own.

[SleeperCar]

Smart financial decision will be 25% of your annual gross income will be the maximum price for a car you can buy.

In your case give and take $10K annually your income is, so you should looking for car around $2500.

Car is not an investment, might be cool driving around in it, but it's just a car it depreciate every month. Base on your story, this is not a smart decision.
I recommend getting a B5 to start or even an older Volkswagen to start. These German cars not cheap to own.

the whole...its just a car thing doesnt work on these forums though...its not always about financial value with depreciation..its about the hobby interest and the intangibles that come with that.

[SleeperCar]

sorry double post

[blbroo]

we can give OP the all the advice int he world but its really up to him.

if he wants it, hes gonna get it!

and 144 month goddamn... only the interest would be paid off in 2 years lol

I'm headed to the dealer to buy a slightly used S6 for $60,000. I'll have my 2014 car paid off in 2028, after I put 240,0000 miles on it. But my payment will only be $482 a month. ;-)

[SLVR-B8]

the whole...its just a car thing doesnt work on these forums though...its not always about financial value with depreciation..its about the hobby interest and the intangibles that come with that.

I understand this is an Audi forum. But seriously the kid makes $10K a year and hoping to afford a B8? This kid will be force to find a 4th job just to maintain it.
You and I probably can go and buy a Ferrari right now, but is that a smart decision?

[SleeperCar]

I understand this is an Audi forum. But seriously the kid makes $10K a year and hoping to afford a B8? This kid will be force to find a 4th job just to maintain it.
You and I probably can go and buy a Ferrari right now, but is that a smart decision?

I agree for sure about the logic for OP. Just referencing additional value not always seen in dollar amounts

[Nightkiller6]

Im pretty sure insurance will be ridiculously expensive. A friend of mine that's 16 has an A4 and his insurance is close to $3500 a year.

Depending on your company and coverage it could be close to that.


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[STA4]

Seeing that it's a 2010 (early year) with 100K miles, there's going to be lots of potential failures coming. Even the simplest things can cost 2-4x more to repair on an Audi vs a Honda. Even though I make a decent income, the repairs I've had to make so far have me questioning ever owning an Audi again....I feel like I'm driving a ticking time bomb.

Either stick with the Jeep or get a Japanese or Korean car.

[JeriQo]

Seeing that it's a 2010 (early year) with 100K miles, there's going to be lots of potential failures coming. Even the simplest things can cost 2-4x more to repair on an Audi vs a Honda. Even though I make a decent income, the repairs I've had to make so far have me questioning ever owning an Audi again....I feel like I'm driving a ticking time bomb.

Either stick with the Jeep or get a Japanese or Korean car.

get a hyundai sonata or kia optima lol. im serious.

the warranties on those alone are well worth the money.

but then again, kids russian. i dont think hell be able to live with himself if he gets korean or jap car lol

[Shimmy]

... time to hear from OP again. ya hangin in there ok brah?

[sidkneeeeee]

Seeing that it's a 2010 (early year) with 100K miles, there's going to be lots of potential failures coming. Even the simplest things can cost 2-4x more to repair on an Audi vs a Honda. Even though I make a decent income, the repairs I've had to make so far have me questioning ever owning an Audi again....I feel like I'm driving a ticking time bomb.

Either stick with the Jeep or get a Japanese or Korean car.

I feel you, makes me think twice about getting an S4, but i am also learning to do more and more installs and fixes on my own.

[bakedziti]

OP, start out with a Honda or Acura. You will really appreciate having the extra cash around, especially if you work 3 jobs and make around $1,000, or less a month. Hell, my first car was a daewoo. It was the lamest car ever, but it was a car that I could afford before I was 16, while being able to afford insurance. It was $4,000 with 24,000 miles on it, and only 2 years old. Granted it was lame, it gave my the extra cash to still do all of the things I wanted, and not shell out every dollar I made at the time on maintenance. I was able to add small mods, like changing out my manual windows for power windows, and build a custom audio setup with the extra cash. While I am not suggesting that you buy a daewoo, I am suggesting that you buy a car more within your income range. You'll be far happier, and it will be a good place to start. You work 3 jobs, buy something more reliable and less expensive.

[SleeperCar]

i would say, get a honda accord. Its super reliable and insurance/maintenance/cost to own are super cheap. Drive it into the ground until you can afford something nicer....

OP, just to give you an idea...i had to build up to an audi

i had the following cars before i got an audi:
pontiac grand prix
mazda 6
honda accord