My local dealer has offered $7K to buy back my 2006 xA RS3, said their is a high demand for used cars of this specific type.

I still owe $5k on it and plan to keep the car as long as possible.

This is the first time in my life I've been contacted by the dealer about buying back a car that I'm still making payments on.

Love the little xA and very happy with the gas mileage / performance.

 

They send that to everyone.

 

ive never gotten an offer to buy mine back

 

i've gotten like 4 of those already just spam in your mail box

 

Sorry JJ, but you are incorrect.
I never got one.

BTW, I noticed back in Feb. of this year (gas at $3.10/gal), on Autotrader.com , searching for 2005-06 xA's , there were 4-5 (what looked to be clean cars) between $5500-7000 (one $7K RS3 5-speed w/ 30K miles!!!). Then... then, 2 months later (gas at $4/gal) , doing a search turned up prices $8500-9900 (on the same model year, same relative milage xA's) !!!!!!!!!!!! Used cars should deprciate in value!!!!!! Not the xA !!!!!!!! It jumped a solid $3K in value, mainly due to gas increase, the one variable that changed during that time (and time itself)

I did my best to clue in some people to possibly sell their vehicle (with larger vehicles they may/may not have needed) at gas stations back at the end of 2008 when gas was CHEAP = $1.80/gal = that was Bush's way of going out with a bang, Mr. Big Oil, letting the American people know that he was thinking about our best interests as consumers

 

scam, dealer wants you to trade the car back to them so they can finance you a new car and make more money by selling you another car, and well, selling your car a 2nd time.

which is fine if they really do give you a good offer and you can afford to keep up payments.

 

Yeah, sounds like they are trying to play "Pimp the vehicle" pinball with you. Even $7K towards a 2010 or 2011 new vehicle puts, maybe a 40-45% chunk towards a $16K car(ie. xD). Not worth it, IMO.

Be safe, and I'll do my best to stay away from dealership lots

 

You're getting there to paying off the car, stick with it. I don't exactly regret trading in my car for another but having to start over on payments isn't all that great a feeling, but when I get into my car and drive it reminds me of why I got into it. If I would have stayed with my first tC I would have had a year to go on payments(from this month actually) then all the money after would be in savings or mods for the car.

 

as soon as I paid off my 2010 tc I got an email saying I should trade in my car for a newer model. Its all about the money to them. My car is only a year and a half old so why would I trade it in?

 

Well, of course to get the "latest and greatest". Its all about consumerism!