Wolverine23 1st Gear June 17, 2019 Share June 17, 2019 Driving an almost 5 year old Audi. Worth to sell and change to Civic? ↡ Advertisement 3 Link to post Share on other sites More sharing options...
Macrosszero Turbocharged June 17, 2019 Share June 17, 2019 Its an out-of-warranty Audi. Sell it. 1 Link to post Share on other sites More sharing options...
Daniu82 Supercharged June 17, 2019 Share June 17, 2019 Why Audi change to Civic? Link to post Share on other sites More sharing options...
Lava 5th Gear June 17, 2019 Share June 17, 2019 a 5 yrs ols audi is still anytime better than a new civic. 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic June 17, 2019 Share June 17, 2019 Audi A1 and turbo Civic? Yes 1 Link to post Share on other sites More sharing options...
Wolverine23 1st Gear June 17, 2019 Author Share June 17, 2019 CIVIC festures seems advance and price reasonable... 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic June 17, 2019 Share June 17, 2019 CIVIC festures seems advance and price reasonable...Go for it Link to post Share on other sites More sharing options...
Spring Moderator June 17, 2019 Share June 17, 2019 Driving an almost 5 year old Audi. Worth to sell and change to Civic?Can’t answer your question as too many variables like expected sales price, how much u lose, cost of new car price, whether u are comfortable to move from Conti to Jap etc So instead of a yes or no answer, perhaps u shld ponder over some of the points i’ve listed, do your sums n the results could end up pushing u one way or the other. Civic driving dynamics is quite different from an Audi so u have to be comfortable with that as well. Good luck in your choice ☘️ 6 Link to post Share on other sites More sharing options...
Wolverine23 1st Gear June 17, 2019 Author Share June 17, 2019 Canât answer your question as too many variables like expected sales price, how much u lose, cost of new car price, whether u are comfortable to move from Conti to Jap etc So instead of a yes or no answer, perhaps u shld ponder over some of the points iâve listed, do your sums n the results could end up pushing u one way or the other. Civic driving dynamics is quite different from an Audi so u have to be comfortable with that as well. Good luck in your choice âï¸ In terms of financial terms, more worth it? 1 Link to post Share on other sites More sharing options...
Spring Moderator June 17, 2019 Share June 17, 2019 In terms of financial terms, more worth it? I don’t hv the nos. so hard to make a call generally. One way could be to calculate the total 10yr depreciation cost of the Civic n compare with what u would lose for your Audi by selling now. If not much diff, then perhaps changing would make sense financially as u get an extra 5yrs n also servicing costs etc shld be covered by AD for first 3 yrs at least. That said, for most owners of high COE cars, they find it hard to swallow a big loss on their ride. 5 Link to post Share on other sites More sharing options...
Wolverine23 1st Gear June 17, 2019 Author Share June 17, 2019 I donât hv the nos. so hard to make a call generally. One way could be to calculate the total 10yr depreciation cost of the Civic n compare with what u would lose for your Audi by selling now. If not much diff, then perhaps changing would make sense financially as u get an extra 5yrs n also servicing costs etc shld be covered by AD for first 3 yrs at least. That said, for most owners of high COE cars, they find it hard to swallow a big loss on their ride. Example:Buy civic 95k. Sell old car at 75k Based on above,financially seems logical? :) Link to post Share on other sites More sharing options...
PSP415 Supersonic June 17, 2019 Share June 17, 2019 5 years old Audi $75k Brand new Civic $95k For 20k can get : *Brand new car *3/5 (?) years servicing and wty Looks ok if u can forego the ride u are used to plus there may be more moolah to replace wear and tear items on Audi which may cost +-$20k over next 4 years 11 months 29 days 2 Link to post Share on other sites More sharing options...
Spring Moderator June 17, 2019 Share June 17, 2019 Example: Buy civic 95k. Sell old car at 75k Based on above,financially seems logical? :) Assuming scrap value of Civic is $10k, then depreciation would be $8.5k per yearAssuming scrap value of Audi is $15k, remaining depreciation would be $12k per year Based on the above, it does look financially viable to get the Civic and as mentioned newer car will have less upkeep costs, if any at all compared to 5yr old Audi which is bound to incur more wear n tear costs. 5 Link to post Share on other sites More sharing options...
Wolverine23 1st Gear June 17, 2019 Author Share June 17, 2019 Assuming scrap value of Civic is $10k, then depreciation would be $8.5k per year Assuming scrap value of Audi is $15k, remaining depreciation would be $12k per year Based on the above, it does look financially viable to get the Civic and as mentioned newer car will have less upkeep costs, if any at all compared to 5yr old Audi which is bound to incur more wear n tear costs. And also, I believe if I would sell off the Civic after 3 years, the value wont be eroded too much? Furthermore, interest at 1.99% seems very low. Link to post Share on other sites More sharing options...
Spring Moderator June 17, 2019 Share June 17, 2019 And also, I believe if I would sell off the Civic after 3 years, the value wont be eroded too much? Furthermore, interest at 1.99% seems very low. Hard to say cos a lot depends on the new car COE price at that time. If it shoots up then obviously u wont lose much. However, all of us also know that new car doesn’t depreciate in a straight line so all things being equal, u actually would lose more on a new 3yr old car vs a Used 3yr old car. 4 Link to post Share on other sites More sharing options...
Wolverine23 1st Gear June 17, 2019 Author Share June 17, 2019 Hard to say cos a lot depends on the new car COE price at that time. If it shoots up then obviously u wont lose much. However, all of us also know that new car doesnât depreciate in a straight line so all things being equal, u actually would lose more on a new 3yr old car vs a Used 3yr old car.How to calculate my expected Audi price after 3 years? And expected Civic price after 3 years? Assuming COE unchanged 2 Link to post Share on other sites More sharing options...
Spring Moderator June 17, 2019 Share June 17, 2019 How to calculate my expected Audi price after 3 years? And expected Civic price after 3 years? Assuming COE unchangedNot possible to calculate due to many unknowns like COE price then, demand n supply of particular model, car environment at that time etc. Think the earlier nos. should have given u an idea of what the figures are now n that shld be the basis of your decision. No point analysing unknowns down the road in my opinion. 5 Link to post Share on other sites More sharing options...
Dilemma 5th Gear June 17, 2019 Share June 17, 2019 What Audi u own? A1 , A3, A4 ? ↡ Advertisement 2 Link to post Share on other sites More sharing options...
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