Woppum Posted February 11, 2006 Report Share Posted February 11, 2006 Im not saying that driving on a track wouldn't be fun. Just that there are major deterrents putting me off. Im sure there would be many benefits too like improve on the limit driving skills and so forth, but my car is not really made for the track, and i doubt the RS4 is really either, they are more road cars. I dont think its really fair to say whats the point in getting a fast car if you dont put it on a track, I mean its obvious to me id prefer to dive my car to work every day than a 1.1 fiesta, and id prefer to drive a 430 more... Link to comment Share on other sites More sharing options...
Mollox Posted February 11, 2006 Report Share Posted February 11, 2006 I think you'd only get one chance at diving your car to work Link to comment Share on other sites More sharing options...
Woppum Posted February 11, 2006 Report Share Posted February 11, 2006 Not if it was a submarine, and I was off to work in my underwater laboratory Link to comment Share on other sites More sharing options...
Riz Posted February 11, 2006 Author Report Share Posted February 11, 2006 [ QUOTE ] Riz - I think you're totally missing the point about track days. They are the best place bar none to learn about your car. When I got the S4 the first thing I did was go to Bedford Autodrome and over drive the thing. I wanted to find out what it did if I overstepped the mark. Bedfords good as there's loads of run off. I discovered a fair bit there so when I went to the 'ring I wasn't suddenly surprised. The fact that you have 420bhp coming is the best reason there is to get in some track time. Why do you think some manufacturers insist on track training before selling some of their cars. Trackdays are about fun but more importantly they improve your driving abilities and also your understanding of the vehicle your driving. You really should do one as a priority once you take delivery. [/ QUOTE ]Yes I do plan to... but want to just get to grips with the car, also going to carefully run it in etc. I think some members are getting confused.... I think Scotty is saying that a trackday as in training and learning day.... not racing or a normal track day. It would be with a driving instructor... who can show you what happens when you go over the edge etc and how to keep control, all these skills can come handy on real roads if you get into difficulties.... Im not the best driver in the world and wont brag about it.... the safest place to learn and develop skills is on the track in good conditions.... More like a training day then a trackday. Riz Riz Link to comment Share on other sites More sharing options...
Scotty Posted February 11, 2006 Report Share Posted February 11, 2006 You on the right lines with what I meant. People can show you but you'll experience it best by playing with the car yourself. i.e. Go into a bend on the limit and lift off the accelerator. See what it does. Try it with ESP on and off. What need to know in case something similar happens on the road. The other thing is the best weather to learn on is poor weather. It means you experience the natural tendancies of the car at lower speeds. There are two advantages [1] you're going slower so risk is lower for any big damage i.e. a prang rather than it being written off [2] things happen much slower at slower speeds. e.g. the rear end breaking away is more steady and therefore easier to learn. Link to comment Share on other sites More sharing options...
rjgreen4 Posted February 11, 2006 Report Share Posted February 11, 2006 [ QUOTE ] [ QUOTE ] What are the chances of you changing your mind and not taking the RS4 at all Riz ? [/ QUOTE ]Ermmmm no chance at all..... deposit paid! Riz [/ QUOTE ] what happens if yu don't sell the flat, how is the garage and RS4 being financed?? Or have i missed something in previous posts? Link to comment Share on other sites More sharing options...
Riz Posted February 11, 2006 Author Report Share Posted February 11, 2006 Yes these skills would be most useful. All in good time.... Riz Link to comment Share on other sites More sharing options...
Riz Posted February 11, 2006 Author Report Share Posted February 11, 2006 [ QUOTE ] [ QUOTE ] [ QUOTE ] What are the chances of you changing your mind and not taking the RS4 at all Riz ? [/ QUOTE ]Ermmmm no chance at all..... deposit paid! Riz [/ QUOTE ] what happens if yu don't sell the flat, how is the garage and RS4 being financed?? Or have i missed something in previous posts? [/ QUOTE ]Well got 7 months to sell the flat...... and the the cash from the sale will go towards the RS4 and garage... already confirmed backup plans with parents, if the flat doesnt sell (big IF) I have access to a temporarly loan to buy the car.... will have to stay on driveway until flat is sold..... only about £40 difference on insurance for garaged or on driveway. Riz Link to comment Share on other sites More sharing options...
rjgreen4 Posted February 11, 2006 Report Share Posted February 11, 2006 so if you have funds to buy the car, why not buy it and keep the flat, move back in with the parents and make a nice return on someone else paying for the flat. This way you get the car, the flat and to live with the parents. I have read some of the posts and I think some things are missing, there seems to be nothing in the way of a £50k purchase and everything seems to be perfect, there are also some far better reasons to keep the flat, car and aspirations of moving back in with the parents!!!!!! Link to comment Share on other sites More sharing options...
Riz Posted February 11, 2006 Author Report Share Posted February 11, 2006 [ QUOTE ] so if you have funds to buy the car, why not buy it and keep the flat, move back in with the parents and make a nice return on someone else paying for the flat. This way you get the car, the flat and to live with the parents. I have read some of the posts and I think some things are missing, there seems to be nothing in the way of a £50k purchase and everything seems to be perfect, there are also some far better reasons to keep the flat, car and aspirations of moving back in with the parents!!!!!! [/ QUOTE ]No I have access to buy the car with "borrowed" money, I dont want to borrow more money, that was just worst case if the flat didnt sell before the end of August. and thats a big IF. I will have a RS4 in September with no debts to my name... and for now thats what im happy with. Riz Link to comment Share on other sites More sharing options...
UBM Posted February 12, 2006 Report Share Posted February 12, 2006 But nowhere of your own to live. Property Riz is a better investment than cars - believe me, I've tried! Link to comment Share on other sites More sharing options...
rjgreen4 Posted February 12, 2006 Report Share Posted February 12, 2006 "What you see is what you get..... " I would hope that you don't think that the above statement is a true reflection of yourself. I am not here to disregard your opinions/actions or to insult in any way but when you see something or someone there is a mental image created of that person or thing. If I was to see someone driving an RS4, I (and I think most of the population that have a brief understanding of cars an value) would think, nice car, someone has worked hard for that, wonder what he does, either way nice piece of kit - Might be slightly biased as I love Audi's. The difference being is that the owner is struggling with overheads/thought of debt/committments and stress at work and is deciding to sell up and move back in with his parents so that he can live the dream of having an RS4, and thats what it will be a dream fulfilled for a short time. Maybe you should actually hold on for the avant then you can try and put a sleeping bag in the back then you would be able to spend more time in the car!!!. I am half way through the Finance module as part of my MBA and what I have learnt about investment and debt is that during people's and business's life's they tend to go hand in hand(initially but not so much when you have more equity), but the key is to manage them accordingly so that you are maximising your returns on any investment as a ratio of the debt. You keep on going on about only being 25, most people are trying to get on the propery ladder a lot youger than that as society seems to be creating some very financially responsible people and some of the opposite, It would appear that based on the information you have given us on this topic over that last few days that you are the latter. But hey its your money (your properties money) and it would appear that your statement under the posts should say. "What you see is that I have spanked any investment opportunity down the drain on a depreciation asset and moved back in with the parents, also looking to reduce my hours at work so my depreciating asset will hopefully be worth more as the milage is low due to not being able to afford to run it" It's not envy or greed or Jealousy that has made me write this as I could probably go out and order an RS4, I however don't think that at the age of 27 I should own a £50k car, I would like to use the money in a far more sensible way and for example pay into my mortgage where I won't get taxed on it and get a guarenteed 4.74% return on it., plus I have an S4 Cab and security in a property and HEY I'M ONLY 27, I'm young and got my whole life to lead!!!!! Link to comment Share on other sites More sharing options...
UBM Posted February 12, 2006 Report Share Posted February 12, 2006 Wise words RJGreen! I'm 35, we did not buy our first house, i.e. get on the property ladder till I was 29, and that was through getting most of the deposit as a redundancy pay-off. We both drove crap old cars, rented and yet are both highly skilled (PhD for both of us). We now own a house, needless to say, with accompanying mortgage. I have "thrown away" a significant amount of cash on cars in the past few years. I would love an S4 avant, but can't afford it really. Some of the existing car is still on finanace. My aim, which is a tough one and takes a lot of will power, is to pay off all of this car and finally own one outright! Then there is still the mortgage... Just friendly advice Riz! (and don't let TSN get to you) Link to comment Share on other sites More sharing options...
fardene Posted February 12, 2006 Report Share Posted February 12, 2006 Hi all, I thought I would add my observations. I'm 32 and my RS4 turns up in the first week in April. I have always loved cars and especially Audi's ever since my fathers Audi 200 turbo saloon (1982 i think) but I have always driven company cars- a mint green corsa being my first!, then numerous escorts, astras and mondeos. I always wanted a VW corrado, and nearly bought one on number of occasions but i didn't a bought a 2 bed house aged 23, then sold it for more twice its value aged 28, met my other half and bought a flat in london. Aged 30 with the extra cash I could put in the bank from my first house I bought my 3.2 DSG TT my prezzie to myself. a changed it to A3 SB 3.2 DSG a year later and put the deposit on the RS. The point to this is I have lost lots of money on both cars and know I will loose money on the RS but its more than covered by the increase in the property we own, even in these times of slow growth. You should never get off the property ladder, if you do then don't spend the money you have made on a car, do a good deal on another property being a cash buyer etc. Property is the only long term safety net we have. Cars are passion not sense! Mark Link to comment Share on other sites More sharing options...
Daz Posted February 12, 2006 Report Share Posted February 12, 2006 Riz, What happens if you sell the flat but only make £30k or £40k profit rather than the £70k you are hoping for? Link to comment Share on other sites More sharing options...
Gabster Posted February 12, 2006 Report Share Posted February 12, 2006 Riz I forgot about the garage and the drive your looking at around £50 a square meter for a drive and you must be looking at £8-10k for a garage, there is no way a garage and a drive will add there £12k cost to your parents house. Riz your acting like a bafoon but hey its your money and good luck to you. Please though dont come moaning back on here when your parents are driving you up the wall and you cant afford the RS4, and 12 months doen the line your friendly Audi dealership have offerd you £38k for the car. Link to comment Share on other sites More sharing options...
Riz Posted February 12, 2006 Author Report Share Posted February 12, 2006 Just to quote my first post.... in this thread. [ QUOTE ] Mmmmmm my fav colour is Blue and I loved the Deep Blue on the Golf R32 I had..... Ive seen the brochure and pictures on the net of the Sprint Blue but some pictures seem very light, almost like the RS6+ Blue (Kingfisher?) So what do you think? anybody got any real pictures of the Sprint Blue is good daylight etc? [/ QUOTE ] It seems certain individuals ask questions to which I answer, eventhough they are off topic and then go off on one.... Personally I have had enough and I dont need to explain myself on a car forum, I bet if I just bought one and didnt tell individuals how I was funding it that I would have had a less harsh time, but me being a honest tried to explain my reasons behind this move... I always try to keep posts ontopic and post in the relevent sections, ok I admit I may sometimes have gone off-topic or not explained things in a "silly" way. I do moan alot and did so in the Agony forum.... thats what is for isnt it..... Im happy with my choice and it doesnt matter what people think on this forum or any other for that matter! Bye for now... think i`ll take a break from this forum for the time being. Riz Link to comment Share on other sites More sharing options...
CabGirl Posted February 12, 2006 Report Share Posted February 12, 2006 Riz I’ve not read the entire thread but I don’t think you appreciate the fantastic position you’re in. You have a home with around 70k in equity – UK prices are expected to go up around 4-5% this year with a further narrowing of the North/South price divide. If you really want to move back home to live with Mum & Dad why not release some of the 70k equity and rent out your flat. You can then use some of the equity to buy a small one bed flat in the centre of Sheffield. Assuming Sheffield get promoted to the Premiership the upside for the Bramall Qtr. should be huge. Give it another two or three years and you can refinance and do the same. Before you know it you could have a million pound property portfolio – and if that goes up at 10% a year that’s 100k! Which in my book is better than working for a living. Link to comment Share on other sites More sharing options...
Woppum Posted February 12, 2006 Report Share Posted February 12, 2006 I think everyone should stop going on about this. I agree with Riz that its none of our business unless he wants it to be (and he clearly doesnt!). He shouldn't feel like hes not wanted on here because of a personal decision right or wrong! Riz to answer your question, id go for the red, i think it would look that but more special and because of the shape and look of the car its not exactly 'trying to be a Ferrari'. I know youve had it before on your old S3, but you've had the deep pearl blue on the Golf... End of the day they would both be fantastic, and if you don't have the balls to go for papaya orange, you cant go far wrong with either Link to comment Share on other sites More sharing options...
Chav Posted February 13, 2006 Report Share Posted February 13, 2006 [ QUOTE ] I think everyone should stop going on about this. I agree with Riz that its none of our business unless he wants it to be (and he clearly doesnt!). He shouldn't feel like hes not wanted on here because of a personal decision right or wrong! Riz to answer your question, id go for the red, i think it would look that but more special and because of the shape and look of the car its not exactly 'trying to be a Ferrari'. I know youve had it before on your old S3, but you've had the deep pearl blue on the Golf... End of the day they would both be fantastic, and if you don't have the balls to go for papaya orange, you cant go far wrong with either [/ QUOTE ] So you're saying people should just shut up and let him throw everything away on a car? It's a car forum with a difference TSN - it's full of sensible people. Riz isn't being sensible. Having read all of his posts in the Agony Aunt forum, he comes across as being desperate. Not sure what he's desperate for, but he's on a rollercoaster, and real friends won't just say "yeh, ok Riz, that sounds good" if they think he's making a big mistake. I also think he's making a big mistake. Yes he wants an RS4 - who the feck doesn't. But no-one else is sacrificing their home to buy one. It's tragic IMO. A nice car doesn't make you happy! Link to comment Share on other sites More sharing options...
gizze Posted February 13, 2006 Report Share Posted February 13, 2006 [ QUOTE ] .......and 12 months doen the line your friendly Audi dealership have offerd you £38k for the car. [/ QUOTE ] They won't offer that! Dealer invoice on a basic RS4 is just over £37k, there is 11% margin and 17.5% tax in that £50k car. If you have £70k in your flat why don't you remortgage the whole thing less £20k and take the £50k out for the car and rent the flat out to cover the mortgage. Do it on an interest only mortgage over 30 years if you have to, but don't let it go mate. Have you sat down and spoke with and independant financial advisor? So many ways you could keep the property with no headaches and get the car. I totally understand your reasons for doing what you are doing, just think that you are not doing it in the right way. I bought my first house for £38k 8 years ago, sold it 4 years later for £85 and bought the next one for £150, spent £15k on a loft conversion and sold the house after 18 months for £250k. Then bought my shop and the flat above it for £350k 2 years ago (the property downstairs was owned by my pension fund and even though they sold it for £100k it was worth over £200k). I was offered £700k for both properties last summer and I said no thanks, they then asked what I wanted for it, I said I didn't want to sell. I have a £190k mortgage, but I sleep easy knowing I could sell up and buy a house for quarter of a million with no mortgage at all, and still have quarter of a million in the bank, and with no mortgage that could last me 5 years while I start a new company up. My whole point to this is house prices are still rising, when we bought our place for £38k 8 years ago everyone said we were mad, prices in Norwich for a 2 bed terrace would never go above £50k, they were wrong, that same house would be £150k now. Don't get off the property ladder! At the same time I moved 4 years ago a mate put his flat in notting hill up for rent on an interest only mortgage over 50 years and rented it out, it was £180k then, he is now moving house again and just got the house valued at £390k. That property has cost him sod all over the last 4 years but has made him £200,000. And London house prices are in a slump so they say! Do the sensible thing, get some advice. You will enjoy the car more knowing you have not sacrificed everything you have owned, and knowing you can get rid of the car at any point (albeit at a loss) and kick your tennants out and be back in your own place. Just a thought! Link to comment Share on other sites More sharing options...
JamesB Posted February 13, 2006 Report Share Posted February 13, 2006 <font color="#666666"> Post deleted due to it being utterly pointless </font> Link to comment Share on other sites More sharing options...
rjgreen4 Posted February 13, 2006 Report Share Posted February 13, 2006 I actually studied in Sheffield for 5 years,my other half did a six year stint and we both agree that there is a massive demand for renting houses/flats due to their being 2 universities Link to comment Share on other sites More sharing options...
Insurance Jon Posted February 13, 2006 Report Share Posted February 13, 2006 leave the lad alone, it's his choice. Link to comment Share on other sites More sharing options...
gizze Posted February 13, 2006 Report Share Posted February 13, 2006 But Jon do you not agree he could get the car move in with his folks and get to keep on teh property ladder with absoloutely no agrovation? Remortgaging is less hassle than selling, and you get the price you want for it too! Oh, and still reckon Daytona grey Riz!!! Link to comment Share on other sites More sharing options...
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