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Discussion Starter #1
having spent a fair amount of time looking into the current RS5 as my next car im now wondering if i have missed my time for a V8 and car like the RS5.

im in no way rich and able to make a money no object purchase. so many things now stack against such a car.

with fuel at all time high, road tax rising all the time currently £400 + a year and depreciation high enought to scare most it really is making me wonder.

the car i was recently offered has lost £20k in 11months from new now granted thats certainly the worst year but what will the car be worth in another 2 years? the general public perception of cars with such engines has now all but ended purchases of such cars to all but rich enthusiasts? thus creating outrageous depreciation.
fuel costs nearing 150p per litre now with the prospect of this, a car like this doesnt seem to make sense for a 3 year purchase to anyone but the rich.

i guess im slowly understanding that the RS5 is now only a 3-4 year car for the very well off. 2nd hand purchase for joe public seems to have passed us by in the last 3 years with the ever increasing costs:thumbsdown:
 

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You make some good points kenny but if not now when? Costs only ever heading upwards so no time to waste my friend
 

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having spent a fair amount of time looking into the current RS5 as my next car im now wondering if i have missed my time for a V8 and car like the RS5.

the car i was recently offered has lost £20k in 11months from new now granted thats certainly the worst year but what will the car be worth in another 2 years?
I had exactly the same thoughts when I bourght mine ( although I was coming from an S5 ) but the way I looked at it was: OK the car is only 1 year old with 8,000 miles on the clock. It has done the worst of its depreciation and if compared to a new A5 or S5 (similar price) this car is likley to loose less over the next few years and be a lot more fun to drive/own. If you buy with your head ( or you're an accountant! ) then an A5 2.0 tdi is stylish sensible car. If you buy with your heart then it's got to be the RS.

I've had 4 V8's in a row now and enjoyed them all, but IMO the RS is in a different league.
 
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Never owned a V8 and still want one at some point. RS5 is well out of my budget at the moment but I had exactly the same thoughts as you when I considered an S5 against a 3.0 TDI. Was very much on the fence for ages. To the point that one came up locally and I could have had it for only £1k + my 3.0 in exchange.

The cost of fuel and tax is what keeps bringing me back down to earth. As much as I would love this kind of engine, there are other things in my life that take precedence from a cash perspective.

Going back to the RS. For me, even if I could afford it, I wouldn't want to spend so much more cash over and above the price of a lowlier variant. Given the miles I do and my total non-interest in track racing, the emotional ROI would be disproportionate against the vastly increased costs. If money were no object then, hell yeah (though I'd probably buy a more dynamic car than the RS5) but it is and so the 3.0TDI will have to do.
 

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Discussion Starter #5
my concern is that fuel will go through the roof, road tax will hit home resulting in a car worth next to nothing :(

what are the projected or guessed trade in figures for a 3 year old RS5?
 

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You make some good points kenny but if not now when? Costs only ever heading upwards so no time to waste my friend
Agree. Now is the time. What about finding a different way of commuting, and use it mostly just for fun. For about the past year, I've been catching the bus to work almost daily. Great time for me to upgrade to the S5, if I can find one I like.
 

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my concern is that fuel will go through the roof, road tax will hit home resulting in a car worth next to nothing :(

what are the projected or guessed trade in figures for a 3 year old RS5?
IMO, I'd love to get an RS, but it could only ever be as a second car as I couldn't afford to run it as a daily driver, maybe that's an option for you to think about Kenny.

If your considering it as a daily driver and whilst only one aspect of ownership, it's worth noting the following additional notes in the chancellors budget speech below, notwithstanding Osbornes determination that the fuel duty will go up again this year.

Road tax will rise by inflation this year, the Chancellor said yesterday - but the top rate increases to more than £1,000.

Chancellor George Osborne also warned of bigger rises ahead for Vehicle Excise Duty (VED) as part of a possible shake-up.

The Budget document said: 'The Government will consider whether to reform VED over the medium term to ensure that all motorists continue to make a fair contribution to the sustainability of the public finances, and to reflect continuing improvements in vehicle fuel efficiency.

It was also proposed that the option of allowing car owners to pay for road tax by direct debit would be investigated.

New road tax bands: Top rate rises to £1,030 for most polluting cars - Budget 2012 | This is Money

Cheers
 

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my concern is that fuel will go through the roof, road tax will hit home resulting in a car worth next to nothing :(

what are the projected or guessed trade in figures for a 3 year old RS5?
Why not wait a while longer then and buy one when most if the depreciation has already occurred.
 

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The way I see it, those of us that don't have unlimited funds, we will be driving around in low mileage 5 year old 2010 RS5's as they'll sell for less than 20k but be worth their weight in gold as a non daily driver and hopefully still have a sensible tax rate in 2015... Bring on that day...
 

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You only live once, I chose 'no regrets'
 

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Discussion Starter #11
im concerned there will not be a market for these cars other than for the ultra rich. with 20k deperciation in one year, it seems its begining to happen already or is this type of fall to be expected?

so does anyone think u would get £30k for a trade in on 3 year old RS?
 

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a different view:

Spec up my 3.0TDi as now and I get to £48K!!!
A <1 year old RS5 is about the same price with <10K on the clock having lost best part of 20K (most of that due to dumping on the market of pre-facelift cars by Audi due to imminent new one ... which is essentially exactly the same btw).

So you are faced with depreciation on a new 3.0TDi vs yr1-yr2 depreciation of an RS5.

The difference actually I suspect is that the new 3.0TDi will cost more in depreciation!

Running costs will be more for sure, but really is comparitvely small compared to depreciation costs.

But whether to do it?
You only live once ... but ....

Painful isn't it ;)

... and that's assuming the next car is an Audi ...
 

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Kenny - you raise both interesting and valid points, but when you're referring to a specifically sporty variant of any car, there's a slight nuance that skews the theory.

There will always be a market of enthusiast buyers who are waiting for these specialised vehicles to shift into a lower price bracket, as they couldn't afford them new. Once the price reaches a certain point, it then plateaus as the potential buyer demographic increases. Just look at the used RS4 market as an example. They've hit that £20-25k mark and are holding strong whilst not getting any younger! V8 M3s are the same story. If you've been offered a car that's lost £20k in 11 months, I'd say now is the time to get it! For a fact it won't continue at that rate and it will be YOU who's benefitted the most! If it carried on like that it would be free in 2 years!

I'd say that your concerns probably have more relevance to 'lumpy cooking models' - such as the V8/ V12 A8, 7 series, or V8 powered Range Rovers/ X5 etc. In this market, people aren't looking for affordable performance above all else, so 'normal person' buying criteria such as running costs, fuel consumption etc come into play.

Yes, initial depreciation will always be heavy with these models (trust me, look at my car history - I know all about horrible depreciation!), but if you buy a year old car, you'll not be hit anywhere near as hard as you may fear! The first year is the worst, coupled with the loss in VAT you'd suffer if it was new, but after that the curve will only flatten.

And the bottom line is that if you're a real petrol head (yes, I'm goading you now!), it will be worth every (albeit possibly extra) penny! Get that rumbling V8 whilst you can, because before long they'll only be available in something truly exotic and unaffordable!
 

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Listen to the Gruff. He is a wise man who speaks the truth!
 
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Man, that is some in depth analysis.

If you can afford it new and want it, buy it new and enjoy it now.

If you can afford it depreciated, just wait 6 months for the super rich to get bored and buy a low mileage gem.

No matter how high gas gets, it really is not a valid consideration if you are buying this car. (that's exactly your point I get that), but I've always argued that its never a valid conversation no matter what you drive. It's very difficult to change cars to combat gas prices and make the math work (unless you are trading down to a early 90's honda or suzuki or whatever. No one on here is doing that.

Everyone who drives a thirsty car like this will tell you that after about 5 months you become immune to gas prices. Literally, you just stop looking.

The world is 100% addicted to gasoline. A5's, RS4's, S5's are extremely resistant to depreciation. The RS5 will sell well in 4 years.

BUY IT!!!
 

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Discussion Starter #16
well unfortunately i certainly couldnt afford to buy it new, used is only option at the moment. and currently as you can tell im unsure if i can afford it at the moment either ;)

certainly i have my 3.0tdi all but paid off so a big deposit for the RS is there but even at that its still looking like a 48mnth deal which i wouldnt let run out. its more of a ive always wanted a V8 car more than a long term purchase

one of the things that plays on slightly is the issue my dad had with his V8 S4 in 2008 due to the crash and drama around that time with fuel costs(which now look rediculous compared to what we now pay) alot of garages wouldnt take his car as a trade in due to the engine, for a time is was almost made worthless and in the end he had to accept a lower price for his S4 than i did for my 1.8T which were similar age etc

i can see more thought is required lol its simple really, if i earned more money this wouldnt be an issue :) but for me its sadly a close call which makes it tricky

thanks for the replies so far guys
 

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I've thought about this too (not the RS) but owning a V8. Something I'd love to do at some point but I'm with Kenny that the Gov is going to all but rule one out for me...

Road Tax, crazy fuel prices and then there is car insurance. My ins on the S has shot up this year but so far my renewal is the cheapest at just over £800. Imagine what it would be on a RS etc?

I'll keep dreaming and knows maybe one day...
 

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And the bottom line is that if you're a real petrol head (yes, I'm goading you now!), it will be worth every (albeit possibly extra) penny! Get that rumbling V8 whilst you can, because before long they'll only be available in something truly exotic and unaffordable!
This is my sentiment. I am a petrol head, ever since my (traffic copper) dad brought home his black (morse) jag and "let" me wash it. I enjoy the smell, touch, sensation noise and look of cars.

I don't spend my weekends on the golf course, I don't go on foreign holidays 4 times a year, I don't snort expensive substances. I'm not what you'd call "well-off", I have been lucky enough to hold down a good job and I work hard for my money.

So my de-facto choice in cars is high depreciators. This is how I choose to invest in my enjoyment. Talk of financial loss, running costs, potential road tax increases is like being in a brothel and complaining about the state of the decor. It's not relevent to me.

If I take a look back over my driving career what can I remember:-

- My first car love, the Nicole & Papa 16v Clio, I remember braking hard into a slip road and feeling the gritty surface of the road under the wheels as it told me EXACTLY what grip there was

- The first corner I took too fast and really thought this is it but went around as if on the proverbial rails - that was a rush

- My first "big" motor experience in the Golf VR6. Taking my Dad out for a spin, him laughing is head off at the feeling of torque pushing you back into the seat

- Taking my youngest daughter out for a spin the Boxster, roof down, her (aged 12 then) thinking she was Jackie Onassis, precious

- The look on my mum's face when I pulled up in a silver 997s. The noise that engine made on the route back from up north where I bought it. The first time I gave it some and it evoked memories of how I'd seen a porsche blow past our old family hack and I thought one day

- The RS has given me more than it's fair share. Holding the brake on with left foot, right foot on the gas pedal, release and GO GO GO as Murray would say. Flippin bloody heck my neck snapped back with a violence I'd never managed to achieve in any previous car.

And so it goes. These are priceless memories. I can't remember the dull stuff, how much I lost on the VR6, how much the insurance was on the Clio 16v when I were a lad. It's not the point for me and dare I say if you're on this forum it shouldn't be the point for us.

Feel better now:autofahrer:
 

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money vs fun

it's a lot of money but the great feeling you get looking, driving, enjoying and owning the car gives you priceless fun every day... go buy the damn thing!
 

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Having recently made the same decision and ordered a refresh RS5 I would echo the others on here by saying 'go for it'.
However, if its just about experiencing a V8 how about an 'old' S5 with the V8? With the newer models out the dealer prices are dropping fast, making depreciation less of an issue. You can always put a supercharger on if you need/want more performance.
 
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