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Model specific boards => Golf mk7 => Topic started by: the_roxbury on 17 March 2021, 17:10

Title: Price check - Gti
Post by: the_roxbury on 17 March 2021, 17:10
Hi all - new to the forum so hello!
Im looking at various GTD's / GTi's and wondered what you'd pay for this Gti

From a dealer, Red, performance pack, 65 plate, 36k mileage, sunroof, 5dr, vw service history, manual gearbox

think ive covered the majors :)
let me know!
Title: Re: Price check - Gti
Post by: fredgroves on 17 March 2021, 17:27
Stick the number plate into WBAC and add a couple of grand on top for a quick price check  :wink:
Title: Re: Price check - Gti
Post by: Guzzle on 17 March 2021, 17:48
AutoTrader says £13.5k for private sale, based on good condition.

Add about £1.5k to £2k or so for dealer sale.
Title: Re: Price check - Gti
Post by: ExeNS on 18 March 2021, 17:30
I spent about a year looking for a GTI performance pack and found pricing hard to get my head around some times. Generally, strong money is being asked by both trade and private sellers (and it went mental after the end of the first lockdown) I rarely found a car that was priced in line with what the price gauge sites thought was about right.

Example
https://www.autotrader.co.uk/car-details/202101017560052 (https://www.autotrader.co.uk/car-details/202101017560052)

Autotrader private guide is £13,200
px is 11,800
VW part ex is 11,900 (good condition)
WBAC 12,315

Private seller wants 16,000. That's high, and you'd argue that's why it's been on the market for two months, but you don't have to look far through the ads to find similar cars up privately for around 2,000 more than the estimates.

So is the GTI pp undervalued by estimates, or overvalued by sellers? I'd imagine there are some decent margins there if you're a dealer taking one in as px.


From a dealer, Red, performance pack, 65 plate, 36k mileage, sunroof, 5dr, vw service history, manual gearbox


I think it'd be rare to find this at a dealer, especially VW, for less than 16 grand.
Title: Re: Price check - Gti
Post by: fredgroves on 18 March 2021, 20:55
The gross margin on second hand cars in dealerships is one thing, the net profit not quite so much, people tend to forget that.
Title: Re: Price check - Gti
Post by: jaceyboy on 19 March 2021, 19:12
Market is crazy right now so that car is worth £15k easy
Title: Re: Price check - Gti
Post by: Vw80 on 19 March 2021, 20:02
So how much do ye reckon would cost for me to change from my 2016 to 2018 both pp dsg?
Title: Re: Price check - Gti
Post by: SRGTD on 19 March 2021, 21:03
So how much do ye reckon would cost for me to change from my 2016 to 2018 both pp dsg?

Lots of factors to consider; mileage, spec, condition, service history, 3 door or 5 door, selling / buying privately or via a VW dealer or non-VW dealer. There are probably other considerations too.

I’d be doing some research; check what you might get for your car (WBAC, Motorway, VW part ex valuation on VW website), and check out what 2018 GTI’s in your preferred spec are currently being advertised at. That’ll give you an idea of the cost to change.
Title: Re: Price check - Gti
Post by: Refurbished. on 20 March 2021, 16:00
I bought a high spec 7.5 non PP a few weeks ago. I usually try to buy private at enough more than trade to make a realistic offer. You can’t buy Golf GTi’s or R’s at close to trade if they are low mileage and have some spec. I paid literally thousands more than price guides advised the car was worth as I found the guides were massively out of step with reality.
Title: Re: Price check - Gti
Post by: jaceyboy on 25 March 2021, 20:38
I bought a high spec 7.5 non PP a few weeks ago. I usually try to buy private at enough more than trade to make a realistic offer. You can’t buy Golf GTi’s or R’s at close to trade if they are low mileage and have some spec. I paid literally thousands more than price guides advised the car was worth as I found the guides were massively out of step with reality.

Second hand car market is mad because the lack of new cars being sold, so expect to pay over the odds right now, which is why im considering selling our MK7 to upgrade to a MK8 Clubsport or R...