Used Audi are getting cheaper

Luxury car such as Audi is a dream vehicle for many. Admired from the distance, it may now be within your reach. Since the economy has been on crisis, the prices for many used luxury cars, like the Audi, have dropped significantly in the past months. Another factor that makes the prices of used Audi and other luxury vehicles fall is lowering demand as the car tax costs  are rising and the shortage of credit prevents many from purchase.

Used Audi cars were always much cheaper than the new and in fact, most new cars lose 15% of their value once they are purchased. According to the research of GE Money Ireland, prices of used cars as a percentage of new cars prices, have fallen in almost  all segments and the most significant drop is recorded in the luxury vehicles segment. The tendency is visibly growing year on year.

If you are not discouraged by the crisis and think about used Audi, it may be a good time to strike a bargain. You can search at a dealership, at an auction or buy from a private seller. Each solution has its pros and cons.

When buying from a dealership, you usually get a 12-month warranty. If you are buying as a private person, you are also protected by law and have the same rights as if you bought a new vehicle. It means that if you discover a defect after you bought it, the dealer is obliged to repair the car. The disadvantage of buying at a dealership is that there is a commission paid and that is why the price is higher than if you decide on buying from a private person.

Auctions are getting popular, as there are chances there to strike a real bargain. When buying at an auction you must be aware however, that you have no rights to make a complain once you buy a car. Before you decide to bid, you should check the terms and conditions of the auction house and extract as much information as possible about the used Audi that is in your interest.

The last option is to buy from a private person. You are most likely to have the widest choice and find the vehicle of your dreams cheaper. You may find hundreds of used Audi classifieds in press and in the Internet. The latter is especially useful as you can browse ads from different regions, easily compare the prices and see the pictures of the car, before you decide to make a phone call and inquire further. The is a risk to such solution, as you are provided with no warranty. That means you buy the car “as is” and once you make the deal, there is no possibility to make a complain. That is why you should think it over thoroughly before you make your choice. In fact, it is best to have the vehicle checked by a mechanic.

To sum up, the time of crisis is always a good one to find a good purchase offer and those who are not affected may benefit and strike a good bargain. The market of luxury cars is now more favourable for potential buyers and if you dream about an used Audi, it can be cheaper than you have expected.