Augsburg would not ordinarily be a city we would stay in - it was a convenient stop on our away down the romantic road and we only started looking for accommodation when we arrived in the city. Personally don't rate the city at all (compared to the cute Bavarian villages along this route).
Location is great - quick walk to the centre of town. The hotel has character but is quite tired, the rooms are small and comfortable although not that well appointed. Clean bathroom, average breakfast.
We got a corner room with lot's of windows and light - paid $130 Euro which seemed a little much although can't really comment as unsure of "normal" in this part of Germany. We ere happy to pay it though. Didn't attempt the car park - VERY narrow, and we an A3 hire car that I wasn't willing to scratch! Easy to find parking overnight just around the corner (free from 8pm-7am).
We read reviews about the noise but certainly didn't stop us from getting a good sleep.
Overall - nice location, tired hotel. Would probably stay again - it didn't seem like there were better options for location.More