nordberg Posted November 10, 2008 Report Share Posted November 10, 2008 2006 A4 S Line SE 2.0T (petrol) Valcona Leather Xenons ILP Bose Colour Dis Heated Seats 23k miles Mint condition. Many Thanks!! Quote Link to comment Share on other sites More sharing options...
Booster Posted November 10, 2008 Report Share Posted November 10, 2008 Assuming it is an 06 plate, it books at £13500. Expect dealers to offer around £12k Quote Link to comment Share on other sites More sharing options...
nordberg Posted November 10, 2008 Author Report Share Posted November 10, 2008 Argh!! Welcome to the world of negative equity!!! Voluntary Termination here I come... Quote Link to comment Share on other sites More sharing options...
Froggy Posted November 10, 2008 Report Share Posted November 10, 2008 Assuming it is an 06 plate, it books at £13500. Expect dealers to offer around £12k When I had my old hearse priced recently, the Glasses price was about 5k, however CAP were quoting 3.5-4K !!!! What does CAP say it's worth? Quote Link to comment Share on other sites More sharing options...
Highlander Posted November 10, 2008 Report Share Posted November 10, 2008 I've got a 2.0 TFSI S-Line SE quattro. Glass's have it at £14800, I got offered £10000 for it 2 weeks ago!!! Quote Link to comment Share on other sites More sharing options...
edo Posted November 10, 2008 Report Share Posted November 10, 2008 Guides are out of the window at the moment. Nobody is buying stock unless they can get it for a song, so pointless looking. Have a look at what similar cars are being advertised for, knock £1k off for discount, and then a further £3k or so for what a garage will offer... Quote Link to comment Share on other sites More sharing options...
Booster Posted November 10, 2008 Report Share Posted November 10, 2008 Argh!! Welcome to the world of negative equity!!!Voluntary Termination here I come... Be careful going down this route. Yes it is your right to do so if you have paid half the total HP price but the account will be marked on your credit file at the ratings agencies with "Voluntary Termination" as the settlement flag. Whilst lenders aren't supposed to take that as being detrimental to your credit file, in the current climate some are and you may have difficulty getting further finance. Quote Link to comment Share on other sites More sharing options...
nordberg Posted November 10, 2008 Author Report Share Posted November 10, 2008 Be careful going down this route. Yes it is your right to do so if you have paid half the total HP price but the account will be marked on your credit file at the ratings agencies with "Voluntary Termination" as the settlement flag. Whilst lenders aren't supposed to take that as being detrimental to your credit file, in the current climate some are and you may have difficulty getting further finance. Really? Because I asked this very question to VFS who replied with an unequivocal "Certainly not". Quote Link to comment Share on other sites More sharing options...
Booster Posted November 10, 2008 Report Share Posted November 10, 2008 Certainly not they won't record it as VT on your file or certainly not they won't count it against you? How much is your neg equity? Have you paid the half figure already? Quote Link to comment Share on other sites More sharing options...
nordberg Posted November 10, 2008 Author Report Share Posted November 10, 2008 Certainly not they won't record it as VT on your file or certainly not they won't count it against you?How much is your neg equity? Have you paid the half figure already? Certainly won't count against me. I've just done some reading up on it. Seems they may record a VT which, whilst not a black mark as such, is an informative marking which may make automatic credit approval less likely in some instances. My negative equity is somewhere in the region of £2K at the moment. I'm £1000 off the halfway mark which is why I'm researching it now. See here: http://www.tyresmoke.net/forum/general-cars/113446-new-car-options.html Quote Link to comment Share on other sites More sharing options...
Booster Posted November 10, 2008 Report Share Posted November 10, 2008 Seems they may record a VT which, whilst not a black mark as such, is an informative marking which may make automatic credit approval less likely in some instances. Read that as being they WILL record it as a VT and trust me, it will make getting CAR finance more difficult but it won't have any effect on personal loans / credit cards etc. As you are so close to being level, only £1k by the time you have paid the half, I would find the car you want (not mentioning any p/x to the dealer), negotiate a discount that you are happy with and then tell him he has the business if he gives you enough for your A4 to clear the finance. Quote Link to comment Share on other sites More sharing options...
nordberg Posted November 10, 2008 Author Report Share Posted November 10, 2008 Read that as being they WILL record it as a VT and trust me, it will make getting CAR finance more difficult but it won't have any effect on personal loans / credit cards etc.As you are so close to being level, only £1k by the time you have paid the half, I would find the car you want (not mentioning any p/x to the dealer), negotiate a discount that you are happy with and then tell him he has the business if he gives you enough for your A4 to clear the finance. That's the killer you see, I don't really want to go down the PCP/HP route again as I always seem to get stung. Given my circumstances (car allowance from employer), I think I'd be better off leasing. Of course, I could be well off the mark there, but need convincing. Quote Link to comment Share on other sites More sharing options...
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