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franki68

My fathers latest

He's just about to buy an Audi s8, it's a 2015 plate with 4500 miles,list price 92k ,he's not negotiated yet but it's on at 54k.

I know 54k is a lot of money ,but that's still a great deal.
PhilD

List is £92k so I imagine some poor bugger paid over £100k and now with the engine barely run in it's worth half?!
Martin

Only if they were stupid....  You can get £22,000 off the list price of an S8 and a similar % (26) off the options.    That would make it a £68k car, so still a decent saving.   It's a £60k without options and it really doesn't need many as it already has most things you would need plus extra leather, alcantara roof etc.

I really like the S8, it would be on the 'if I did half the mileage' shortlist.
franki68

Martin wrote:
Only if they were stupid....  You can get £22,000 off the list price of an S8 and a similar % (26) off the options.    That would make it a £68k car, so still a decent saving.   It's a £60k without options and it really doesn't need many as it already has most things you would need plus extra leather, alcantara roof etc.

I really like the S8, it would be on the 'if I did half the mileage' shortlist.


press dont like them ,but I do like the a8s ,they are not keen drivers cars,but neither is a bmw 7,merc s class,range rover etc.

great used buys if you can afford to run them.
Martin

I had a Sport Executive diesel for the day and there was a lot to like.
PG

Re: My fathers latest

franki68 wrote:
He's just about to buy an Audi s8, it's a 2015 plate with 4500 miles,list price 92k ,he's not negotiated yet but it's on at 54k.

I know 54k is a lot of money ,but that's still a great deal.


I am sure he can get more off that price.
franki68

Re: My fathers latest

PG wrote:
franki68 wrote:
He's just about to buy an Audi s8, it's a 2015 plate with 4500 miles,list price 92k ,he's not negotiated yet but it's on at 54k.

I know 54k is a lot of money ,but that's still a great deal.


I am sure he can get more off that price.


He will.
Racing Teatray

Nice. My only objection to the current S8 is that it lacks the grace of the older generations and looks curiously under-wheeled.
Roadsterstu

Racing Teatray wrote:
Nice. My only objection to the current S8 is that it lacks the grace of the older generations and looks curiously under-wheeled.


A great car, I'm sure but just not the same as the "Ronin" S8.
franki68

well after a long test drive he decided he did not like it enough .

'Im 70 years old ,do I care if it does 60 in 4.1 vs 5.3 the LR takes ? and I scared myself rotten pulling onto the motorway and almost accelerated into the back of a caravan'

Thought the interior was the same as the normal a8,and car was a bit sterile.
Racing Teatray

franki68 wrote:
well after a long test drive he decided he did not like it enough .

'Im 70 years old ,do I care if it does 60 in 4.1 vs 5.3 the LR takes ? and I scared myself rotten pulling onto the motorway and almost accelerated into the back of a caravan'

Thought the interior was the same as the normal a8,and car was a bit sterile.


What about an S7 then. Swoopier styling and not quite as rabid. Plus still silly discounts available?

Or a CLS.
franki68

Racing Teatray wrote:
franki68 wrote:
well after a long test drive he decided he did not like it enough .

'Im 70 years old ,do I care if it does 60 in 4.1 vs 5.3 the LR takes ? and I scared myself rotten pulling onto the motorway and almost accelerated into the back of a caravan'

Thought the interior was the same as the normal a8,and car was a bit sterile.


What about an S7 then. Swoopier styling and not quite as rabid. Plus still silly discounts available?

Or a CLS.


I don't think he will change now.
PG

franki68 wrote:
I don't think he will change now.


What is he currently driving then? You said "LR" so that hints Range Rover or similar to me?
PhilD

Lada Riva?
Roadsterstu

Lovely Rover?
franki68

5.0 supercharged Range Rover sport,previous generation.
Ugly thing .
franki68

Once you start looking........he just rang,he's bought a brand new s class 350d.
A bit gobsmacked as he never buys new , ''well it's listed at 76k and if I took finance they gave me a huge rebate " so the car after 3 years  will have cost him 54k .
I need to acquire some of his bargaining skills.
Martin

Just use Broadspeed, £20k+ discount although if that includes finance cost then he's done even better.

I think I'd be happy with an S350d with Premium pack as my every day car.
franki68

Martin wrote:
Just use Broadspeed, £20k+ discount although if that includes finance cost then he's done even better.

I think I'd be happy with an S350d with Premium pack as my every day car.



He did try a 740d and thought that was a slightly better drive ,but they would not do such a big discount.
cbeaks1

If you have the cash you can pay off the finance after a couple of weeks but keep the rebates can't you?
JohnC

cbeaks1 wrote:
If you have the cash you can pay off the finance after a couple of weeks but keep the rebates can't you?


You can keep the rebate but you will almost certainly have to pay the bulk of the interest on the whole agreement which then changes it to make more sense keeping the money in the bank and paying it down over 3 years at little extra cost.
Racing Teatray

JohnC wrote:
cbeaks1 wrote:
If you have the cash you can pay off the finance after a couple of weeks but keep the rebates can't you?


You can keep the rebate but you will almost certainly have to pay the bulk of the interest on the whole agreement which then changes it to make more sense keeping the money in the bank and paying it down over 3 years at little extra cost.


Do you?

On BMW Finance, the settlement figure doesn't sting you for interest for the period where the finance co is no longer on risk. I know because I have asked for the redemption figure on my car.
Humphrey The Pug

Racing Teatray wrote:
JohnC wrote:
cbeaks1 wrote:
If you have the cash you can pay off the finance after a couple of weeks but keep the rebates can't you?


You can keep the rebate but you will almost certainly have to pay the bulk of the interest on the whole agreement which then changes it to make more sense keeping the money in the bank and paying it down over 3 years at little extra cost.


Do you?

On BMW Finance, the settlement figure doesn't sting you for interest for the period where the finance co is no longer on risk. I know because I have asked for the redemption figure on my car.


When you take HP or a PCP on a car there is a 14 day cooling off period for the finance, from the date that the documents are signed, give it a few days after you have got the car, phone up the finance company and pay off the agreement, there will only be a few days interest to pay and you will benefit from any deposit contributions, free servicing or whatever is thrown in to the finance deal.

Car is £20k "cash" or if you finance it there is a £2000 deposit contribution, sign the docs, pick the car up, give it a few days, phone the finance company and tell tthem that you want to excercise your "right to withdraw" from the finance and pay the finance company £18000 + a few days interest.
Chris M Wanted a V-10

If the interest rate is "right", why pay it all off? Better to make your money work for you.
Wasn't it Warren Buffet who said something like

"Lease or rent anything that depreciates and only buy what appreciates"
JohnC

Racing Teatray wrote:
JohnC wrote:
cbeaks1 wrote:
If you have the cash you can pay off the finance after a couple of weeks but keep the rebates can't you?


You can keep the rebate but you will almost certainly have to pay the bulk of the interest on the whole agreement which then changes it to make more sense keeping the money in the bank and paying it down over 3 years at little extra cost.


Do you?

On BMW Finance, the settlement figure doesn't sting you for interest for the period where the finance co is no longer on risk. I know because I have asked for the redemption figure on my car.


The interest is calculated using the "sum of the digits" method so it is front loaded and by the time you are half way through an agreement you will have paid off about 75% of the interest. There will be a small credit given for the period paid off but you will probably have paid 80/85% of the interest if you pay it off half way through.

Humphrey has the best idea though, if you have the cash. I suppose if some of the discount comes from the finance company there might be a condition which withdraws the finance contribution if it is cancelled within 14 days.
Chris M Wanted a V-10

I was going to add that at 70, does he need such a big and expensive car ?
Stuntman

Chris M Wanted a V-10 wrote:
I was going to add that at 70, does he need such a big and expensive car ?


He may not need it, but if he wants it and can afford it - then why not?  
JohnC

Chris M Wanted a V-10 wrote:
I was going to add that at 70, does he need such a big and expensive car ?


I think I would take the opposite view. At 70, you never know what's round the corner so if you can afford it, why not have what you want.

I have a client who has just bought a new XF at well over 70 because he has always wanted a new Jag, only ever had one new car in his life and he reckoned (or his very persuasive wife did) that it was now or never. What do they say - better to have memories on your death bed than wishes.
Stuntman

My Mum (also 70) is going to New York in September for the same reason.  A few of her friends from young adulthood have now got serious health issues, so she's decided to do the things she'd like to do sooner rather than later.  

Quite right too.  She's in good health but doesn't take it for granted.
Martin

I'm all for enjoying every penny while you can, you can't take it with you.  My dads looking at a new car and my mum made some comment around me not encouraging him as I'm reducing my inheritance and I told them to get it spent!
gonnabuildabuggy

Another vote for enjoy it, although big discounts on big cars aren't that hard to come by, especially since 24th June. BMW regularly were knocking 5 figures of 6 series and I'm sure Audi were on A8's (didn't someone on here's boss get a massive discount on an A8).

Supposedly even better deals coming along in Q4, though I've no idea why.
franki68

The guy who took delivery of the Porsche 918 from bolton was nearly 80 .

You can still enjoy driving at an old age, you just may forget where you are driving to.
Martin

gonnabuildabuggy wrote:
Another vote for enjoy it, although big discounts on big cars aren't that hard to come by, especially since 24th June. BMW regularly were knocking 5 figures of 6 series and I'm sure Audi were on A8's (didn't someone on here's boss get a massive discount on an A8).

Supposedly even better deals coming along in Q4, though I've no idea why.


I got 5 figures off mine 18 months ago, you're looking at £20k+ off an A8 / S Class.
PG

franki68 wrote:
The guy who took delivery of the Porsche 918 from bolton was nearly 80 .

You can still enjoy driving at an old age, you just may forget where you are driving to.
 and you will have to stop more often to allow nature to be relieved.  
Chris M Wanted a V-10

franki68 wrote:
The guy who took delivery of the Porsche 918 from bolton was nearly 80 .

You can still enjoy driving at an old age, you just may forget where you are driving to.

No problems with buying a 918 when elderly but..... in the experience of my parents, insurance costs start to rise significantly when over 70, and most car hire companies won't insure people of that age at all.  Spending 10's of thousands on an "ordinary" car just seems like a waste to me, but each to his/her own.
Giant

Chris M Wanted a V-10 wrote:
franki68 wrote:
The guy who took delivery of the Porsche 918 from bolton was nearly 80 .

You can still enjoy driving at an old age, you just may forget where you are driving to.

No problems with buying a 918 when elderly but..... in the experience of my parents, insurance costs start to rise significantly when over 70, and most car hire companies won't insure people of that age at all.  Spending 10's of thousands on an "ordinary" car just seems like a waste to me, but each to his/her own.


Dying with an overflowing bank account having not bought things you wanted when you could strikes me as a far bigger waste!
franki68

He's doing my head in ...the car is lovely ,sat in it and the interior is fantastic...but he doesn't like it to drive,he reckons its dull .

He did test drive it before buying it ,so I am not sure what he expected.
JohnC

franki68 wrote:
He's doing my head in ...the car is lovely ,sat in it and the interior is fantastic...but he doesn't like it to drive,he reckons its dull .

He did test drive it before buying it ,so I am not sure what he expected.


He's just angling at a swap with your GT4!
franki68

JohnC wrote:
franki68 wrote:
He's doing my head in ...the car is lovely ,sat in it and the interior is fantastic...but he doesn't like it to drive,he reckons its dull .

He did test drive it before buying it ,so I am not sure what he expected.


He's just angling at a swap with your GT4!


he couldn't even get in it if he tried .
JohnC

You could always blow his tyres up about 10psi too much and get it chipped - it will be more than enough to keep him on his toes then
gonnabuildabuggy

franki68 wrote:
He's doing my head in ...the car is lovely ,sat in it and the interior is fantastic...but he doesn't like it to drive,he reckons its dull .

He did test drive it before buying it ,so I am not sure what he expected.


He'd be right?

how long exactly did he drive it for?

I'd be expecting 48 hrs as a minimum test drive period for a car costing that much.
Racing Teatray

Can he chip it and slam it!?!
PG

franki68 wrote:
He's doing my head in ...the car is lovely ,sat in it and the interior is fantastic...but he doesn't like it to drive,he reckons its dull .

He did test drive it before buying it ,so I am not sure what he expected.


When I had an S350 Bluetec for a week as a loan car, I would say that its dullness was its worst and best feature. As a thing to love, cherish, B road blast in and look back at when you parked it, it fails. But as a motorway mile muncher and uber-comfortable continent crosser with a cosseting interior, it is a total success.

If he didn't buy it for the latter, he might well be a bit disappointed. Tell him to try sport mode on everything - that can help. I didn't like the sport gearbox setting, but had everything else in sport mode.
franki68

well he sold the merc and got..an S8,ex demo specced up to the max with 3k miles on it,and what a machine it is.
Its properly 'fuck me' fast ,and the interior is lovely.Not my type of car,but if I had to I would have one over an amg merc or similar.
Stuntman

Back to the original choice that he dismissed after a test drive?  

Hey ho.  Hope he enjoys it and doesn't have another swift case of buyer's remorse.  Sounds a far better bet than the Merc to me, and it would take a long time to tire of that sort of effortless acceleration.
Nice Guy Eddie

I like his style.

No point living with a car he doesn't want or like.
Tim

That's a quick change.

Did he lose much on the Merc?
franki68

Tim wrote:
That's a quick change.

Did he lose much on the Merc?


Didn't ask,I didn't want to dampen his obvious pleasure with the new car,he was thrilled.
Chris M Wanted a V-10

Maybe it was a straight swap? Hope he's delighted with his new set of wheels.

Sadly I don't think my dad is ever likely to drive again
Martin

Good choice, as I said earlier in the thread I really like the S8.  Surprised the S Class was particularly dull after a RR, but as long as he's happy in the end that's all that matters.

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