I went in to Audi this week, just to have a look at the new Q5 with my wife (she absolutely hates the A4 for some reason) and one of the sales reps asked if we wanted to see some figures. I said "no thanks, I'm confident there'll be too much negative equity" - naturally my wife then said we should, just to check - eugh. So the saleswoman did the checks of my car, deemed it to be in excellent condition and proceeded to the used cars office to get a price for trade in. She came back with £20,200 - so depreciation of just under £15000/42% in 13 months, leaving me approx £7k in negative equity. Looking around, this actually isn't too bad when compared to some other models, but feels like a real kick in the nuts at the time.

So, as I expected I'll be waiting at least another year, which is fine because I still love the A4

As an aside, I was quite underwhelmed with the Q5 anyway, and with the new road tax rates coming in (£450 a year!!) I was quite relieved.