Owning an older 5ktq(was Audi Gods hate me)
Doyt W. Echelberger
Doyt at nwonline.net
Thu Feb 15 12:57:59 EST 2001
Right on, Nick. Remember, but I don't feel I was unlucky. They were great
cars when new and it cost over 30 grand to take one home, and they still
contain all that sophisticated engineering which was expensive to build and
is still there and expensive to replace when it is worn out. No one is
lucky enough to have owned such a car for over 10 years without replacing
many of those expensive systems.
Nine to fourteen years later and after 100k to 200k miles they still _look_
like new but sell for one or two thousand US dollars. Think about
it.....why aren't they still worth over $30 grand? They have depreciated
by about $30 grand for good reasons.
The other side of the coin is that a renovated one could be worth more than
a few thousand dollars, at least to some people. Me for example.
The mid-to-late 1980's type 44 tq's potentially have attractive driving
characteristics, and are well-preserved by their galvanizing, and a casual
buyer could easily make a snap decision to buy a used one and then discover
a week later that he has also bought a 4-5 thousand dollar maintenance debt
which he has to pay before the car is safe and reliable. But it doesn't
have to be that way.
I wrote the truth to Greg about my ownership experience because both he and
I knew that he was smart enough to make his own decisions about getting
into such a potential situation. It turns out that Greg decided to stay
with his 86 4kq. He deserved the chance to make that decision before he
already owned a 5ktq along with it's potential renovation debt. Reading
about my experience was an eye-opener that he asked for and got. Now if he
still wants a type 44 tq, he can look for an example that has had these
things corrected, and it follows that he can expect to find a higher asking
price on a car that has those things done already. He may not choose to pay
that price, but he will understand it.
My personal opinion is that a well-maintained and documented 5ktq should be
priced at about 4-5 grand. And one without the maintenance and the records
could well be worth nothing and could really be just a debt waiting to
happen. Or it could be an incredible bargain. Nobody needs to agree with
that if they have reasons to believe otherwise. And anyone is at liberty to
throw the dice on acquiring a used type 44 that doesn't have the
documentation and an inspection by a trained experienced and honest Audi
specialist.
In case anyone read this far, IMO my Audi ownership has been a huge
bargain. Somebody else paid the 30 grand to get it off the showroom floor,
and I'm driving that same car farther and longer than he did, for under 10
grand. He must have had a different value system than I do, and I am
grateful for that and respect his right to act on those opinions.
Doyt Echelberger
87 5ktq coming up on 190k miles and probably good for another 100k
>>>>>>>>>>>>>>>>>>>>>>>>>>>
At 11:31 PM 2/15/01 -0500, you wrote:
>This coming from the owner of an '875k cstq. I think that just one persons
>unluckiness or unfaithfulness to Audi gods, whatever, should not scare some
>else away from buy on of these great cars. I agree many things can go wrong
>with this car, but what Audi doesn't have its inherent problems. I think the
>main problem is that most of these cars have close to if not over 200,000+
>miles on them. What other car do you know of that could go this long with
>out having some of these problems crop up as well?
>I think it depends on what type of car you like more. Do you like cruising
>at high speeds(5kcstq) or do like bombing around twisty back roads(4k). I
>will agree though that the 5k seems to have more "stuff" that can go wrong
>on it.
>
>Nick Stuart
>'87 5000 cstq
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