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Model specific boards => Golf mk8 => Topic started by: evo1986 on 10 November 2021, 22:16

Title: Price increase coming 1st of December
Post by: evo1986 on 10 November 2021, 22:16
Biggest price increase I have seen across the whole range basically.

Over 2% on everything pretty much apart from EV cars to keep them eligible for GOV grant.
Title: Re: Price increase coming 1st of December
Post by: evo1986 on 10 November 2021, 22:31
On top of the price increase next week all of the agreed terms / discounts with every major lease provider is going to be reduced with effect next week.

So we are about to see some major increases in lease quotes from next week to start with and then again from the 1st of December.

Also get this crazy fact 80% of 2022 UK production quota is already sold.
Title: Re: Price increase coming 1st of December
Post by: Carl_45 on 11 November 2021, 06:42
Out of curiosity, do you know if the 80% quota sold is due to higher demand or reduced production?
Title: Re: Price increase coming 1st of December
Post by: P6GTD on 11 November 2021, 08:49
Is that 80pc of U.K. VW car production for 2022 or is it all manufacturers U.K. production?
(Actually, whichever it is, these are extraordinary times…and I expect this will keep used prices as firm as they currently are for a good bit yet).
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 11 November 2021, 09:38
Also get this crazy fact 80% of 2022 UK production quota is already sold.

Probably because cars that should have been produced for customer orders in 2021 haven't been...
Title: Re: Price increase coming 1st of December
Post by: SRGTD on 11 November 2021, 10:36
Also get this crazy fact 80% of 2022 UK production quota is already sold.

Probably because cars that should have been produced for customer orders in 2021 haven't been...

And a new supply issue that was highlighted on the VW Polo forum yesterday that’s likely to impact car production…………..magnesium. Could mean that the current very long lead times become even longer.

https://www.carsdirect.com/automotive-news/industry-news/magnesium-shortage-could-impact-car-production
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 11 November 2021, 12:47
Also get this crazy fact 80% of 2022 UK production quota is already sold.

Probably because cars that should have been produced for customer orders in 2021 haven't been...

And a new supply issue that was highlighted on the VW Polo forum yesterday that’s likely to impact car production…………..magnesium. Could mean that the current very long lead times become even longer.

https://www.carsdirect.com/automotive-news/industry-news/magnesium-shortage-could-impact-car-production

"China's magnesium output is about 50% of normal levels, industry sources said, as soaring coal prices and energy rationing prompted smelters to cut or shut down operations.

China has allowed some magnesium producers to resume output, but not by enough to significantly ease the shortage. Prices have retreated from record highs but they are still more than double the levels in January."

https://www.reuters.com/business/autos-transportation/automakers-say-magnesium-shortage-not-problem-now-2021-11-08/
Title: Re: Price increase coming 1st of December
Post by: jaceyboy on 11 November 2021, 13:39
Again??, they only just put the prices up last month or month before :angry:
Title: Re: Price increase coming 1st of December
Post by: evo1986 on 11 November 2021, 20:24
Out of curiosity, do you know if the 80% quota sold is due to higher demand or reduced production?

I expect it’s a combination of both things but weighted more on the fact of productions issues.
Title: Re: Price increase coming 1st of December
Post by: ajmoir36 on 11 November 2021, 23:09
Don’t forget those extra price rises will/might push you over and above the 40k bracket for extra gov road tax, if you were close as it’s calculated the day before it’s registered not the price it was when you ordered. They got me the first price rise a while back on my order by £25, this price rise would mean I am definitely paying more tax. :sick: :sick: if and when my R turns up.
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 12 November 2021, 16:22
Biggest price increase I have seen across the whole range basically.

Over 2% on everything pretty much apart from EV cars to keep them eligible for GOV grant.
Thanks for the heads up.  Do you know whether the Golf R is subject to the increase?  Also, do you know whether the PCP deposit contribution is likely to go anytime soon?  Thanks.
Title: Re: Price increase coming 1st of December
Post by: evo1986 on 12 November 2021, 19:32
Biggest price increase I have seen across the whole range basically.

Over 2% on everything pretty much apart from EV cars to keep them eligible for GOV grant.
Thanks for the heads up.  Do you know whether the Golf R is subject to the increase?  Also, do you know whether the PCP deposit contribution is likely to go anytime soon?  Thanks.

Yes Golf is subject to 2.2%

Not sure on deposit contributions but to be fair they don’t exactly need them to sell new cars anymore

 :shocked:
Title: Re: Price increase coming 1st of December
Post by: Sootchucker on 12 November 2021, 19:40
If you have a car already on order, but haven’t had the build date confirmed by the factory yet (most probably some months away)  does the price go up even though the price was already negotiated with the dealer before placing a deposit ?
Title: Re: Price increase coming 1st of December
Post by: evo1986 on 12 November 2021, 19:43
If you have a car already on order, but haven’t had the build date confirmed by the factory yet (most probably some months away)  does the price go up even though the price was already negotiated with the dealer before placing a deposit ?

You and the retailer are price protected from this.

Only things you aren’t protected from are Road tax increases or VAT.
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 12 November 2021, 20:11
Biggest price increase I have seen across the whole range basically.

Over 2% on everything pretty much apart from EV cars to keep them eligible for GOV grant.
Thanks for the heads up.  Do you know whether the Golf R is subject to the increase?  Also, do you know whether the PCP deposit contribution is likely to go anytime soon?  Thanks.


Yes Golf is subject to 2.2%

Not sure on deposit contributions but to be fair they don’t exactly need them to sell new cars anymore

 :shocked:
Thanks.
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 12 November 2021, 20:21
If you have a car already on order, but haven’t had the build date confirmed by the factory yet (most probably some months away)  does the price go up even though the price was already negotiated with the dealer before placing a deposit ?

You and the retailer are price protected from this.

Only things you aren’t protected from are Road tax increases or VAT.

Or if on the date of registration the rep has gone up, taking you over the 40k threshold...
Title: Re: Price increase coming 1st of December
Post by: monkeyhanger on 12 November 2021, 20:31
Biggest price increase I have seen across the whole range basically.

Over 2% on everything pretty much apart from EV cars to keep them eligible for GOV grant.
Thanks for the heads up.  Do you know whether the Golf R is subject to the increase?  Also, do you know whether the PCP deposit contribution is likely to go anytime soon?  Thanks.

Yes Golf is subject to 2.2%

Not sure on deposit contributions but to be fair they don’t exactly need them to sell new cars anymore

 :shocked:

VW already got rid of the significant £1750.deposit contribution on ID3 a few days ago. Presumably to offset the fact they're not putting the ID3 prices up to keep under the BEV grant threshold for certain models.

Used prices are still mad - my 6 month old Family Pro Performance is about £2700 more than the DTD price was until the deposit contribution was pulled.

Maybe that's a reason why they pulled it. A few people on the EV forums were considering hedging their bets on the used prices staying high by the time they could have another one ordered and delivered - basically swapping what will then be a year old example swapped for a new one and £2k profit on the old one sold via Motorway.co.uk.

The discounts have probably dried out and 40% of that grant exclusive discount is gone with the deposit contribution, making the situation of swap old for new with profit far less likely.

With the supply situation, it wouldn't surprise me if the dealerships are ordering a ton of stock for themselves to sell at full RRP rather than ordering them for customers who'll have the agony of an 8-10 month wait.
Title: Re: Price increase coming 1st of December
Post by: evo1986 on 12 November 2021, 21:08
Golf
Tiguan
T-cross
ID3
ID4
Touareg
Passat saloon and Estate

Production currently filled so any orders for everything above will remain on a wait list until factory can figure out when they can build them  :laugh:

Title: Re: Price increase coming 1st of December
Post by: evo1986 on 12 November 2021, 21:30
Biggest price increase I have seen across the whole range basically.

Over 2% on everything pretty much apart from EV cars to keep them eligible for GOV grant.
Thanks for the heads up.  Do you know whether the Golf R is subject to the increase?  Also, do you know whether the PCP deposit contribution is likely to go anytime soon?  Thanks.

Yes Golf is subject to 2.2%

Not sure on deposit contributions but to be fair they don’t exactly need them to sell new cars anymore

 :shocked:

VW already got rid of the significant £1750.deposit contribution on ID3 a few days ago. Presumably to offset the fact they're not putting the ID3 prices up to keep under the BEV grant threshold for certain models.

Used prices are still mad - my 6 month old Family Pro Performance is about £2700 more than the DTD price was until the deposit contribution was pulled.

Maybe that's a reason why they pulled it. A few people on the EV forums were considering hedging their bets on the used prices staying high by the time they could have another one ordered and delivered - basically swapping what will then be a year old example swapped for a new one and £2k profit on the old one sold via Motorway.co.uk.

The discounts have probably dried out and 40% of that grant exclusive discount is gone with the deposit contribution, making the situation of swap old for new with profit far less likely.

With the supply situation, it wouldn't surprise me if the dealerships are ordering a ton of stock for themselves to sell at full RRP rather than ordering them for customers who'll have the agony of an 8-10 month wait.

In November all VW retailer were given zero production allocation.

“There will be no production allocation loaded for November - this is because of production constraints and the strength of order bank.”

So even if they wanted to order anything for stock they couldn’t  :laugh:
Title: Re: Price increase coming 1st of December
Post by: monkeyhanger on 12 November 2021, 21:43


In November all VW retailer were given zero production allocation.

“There will be no production allocation loaded for November - this is because of production constraints and the strength of order bank.”

So even if they wanted to order anything for stock they couldn’t  :laugh:

I bet that's an unprecedented situation. My local dealership has 9 used cars for sale currently, they must be on their knees, cash-flow wise.
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 12 November 2021, 21:48
Wow.... Simply wow  :shocked:
Title: Re: Price increase coming 1st of December
Post by: Snoopy on 13 November 2021, 08:50
I just don’t see how the average Joe will afford these increases. I know price hikes are rife but salary increases aren’t. Fuel is at an all time high, as is energy. Shortly inflation will lead to interest rate rises and therefore a further squeeze on incomes.

And manufacturers think that when lead times are now 9-10 months, they’ll hike the price of leases too.
Im not the average Joe and dont change every few years for a new lease. But one of mine is over due a change so have looked the car market is an odd one at the moment and not knowing how income will pan out in the coming years Is also a worry.
Title: Re: Price increase coming 1st of December
Post by: monkeyhanger on 13 November 2021, 09:29
I just don’t see how the average Joe will afford these increases. I know price hikes are rife but salary increases aren’t. Fuel is at an all time high, as is energy. Shortly inflation will lead to interest rate rises and therefore a further squeeze on incomes.

And manufacturers think that when lead times are now 9-10 months, they’ll hike the price of leases too.
Im not the average Joe and dont change every few years for a new lease. But one of mine is over due a change so have looked the car market is an odd one at the moment and not knowing how income will pan out in the coming years Is also a worry.

Car inflation is ridiculous (and has been for 12 years the RRP of the runout MK5 Golf GTI in 2009 was £21k!). The only way that's been manageable was the introduction of big finance deposit contributions and expectation of decent discounts in conjunction with decent residuals so the depreciation you're covering usn't ridiculous.

I suppose in that respect, the average car is becoming like a tin of Heinz beans - a ridiculous RRP of a pound a can that no-one pays as they're always on offer. One day though, that offer could be pulled and all of a sudden you're paying a pound for your 60p tin of beans.

Not many people's wages have kept up with that rate of car inflation. I hadn't had a pay rise in 6 years before being pleasantly surprised to be getting a 6% raise the other day (only been in the current job 18 months, so no expectation of getting one last year).
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 13 November 2021, 10:14
Both regulations and customer expectations drive additional technology... Everything from emissions control to safety systems to high end computing to drive infotainment... It doesn't come for free!

If you stripped it back to minimum... Well I am sure you could buy a 1.0 something that had bugger all on it, but...
Title: Re: Price increase coming 1st of December
Post by: monkeyhanger on 13 November 2021, 11:35
Both regulations and customer expectations drive additional technology... Everything from emissions control to safety systems to high end computing to drive infotainment... It doesn't come for free!

If you stripped it back to minimum... Well I am sure you could buy a 1.0 something that had bugger all on it, but...

Relatively speaking though, technology is cheap these days. 21" colour TV used to be upwards of £500 in the 70s, an absolute fortune back then. You see the tech that can be bought on Aliexpress for coppers and you wonder how much less a company the size of VW must be buying it for. Advances in mass manufacture and automation  make this stuff pretty cheap. I wonder how much the profit margins have changed on a mass produced car?

Back in 1997 when I was working at Ford Southampton  that pretty inefficient plant used to bang out a high spec Transit Tourneo minibus for £7200. They used to sell for about £21000 at that time. The nearest equivalent now has an RRP of about £55k.
Title: Re: Price increase coming 1st of December
Post by: JB GTI on 13 November 2021, 17:53
If you have a car already on order, but haven’t had the build date confirmed by the factory yet (most probably some months away)  does the price go up even though the price was already negotiated with the dealer before placing a deposit ?

As Evo said. If you ordered through a main dealer you should be fine. I ordered a car through a broker last year with a substantial discount and the order was also initially accepted by the manufacturer too.
Within a few weeks though my order was cancelled by the manufacturer and I was told the reason was they had pulled all B2B deals to “preserve the supply of cars for the dealer network” I think that was code for we are not making enough money out of your deal so do one!!
This was just as we came out of the first lockdown before semi conductor shortages kicked in too.
Title: Re: Price increase coming 1st of December
Post by: jaceyboy on 13 November 2021, 18:08
Just been advised by DTD a new Club sport would arrive in October 2022 :lipsrsealed:
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 13 November 2021, 18:58
JB GTI - what's a "BTB deal" and which broker did you order through?
Title: Re: Price increase coming 1st of December
Post by: Wrex22 on 14 November 2021, 00:55
So are people just getting unconfirmed build dates at the moment that keep moving?

What options seem to holding up cars more?
Title: Re: Price increase coming 1st of December
Post by: JB GTI on 14 November 2021, 03:49
JB GTI - what's a "BTB deal" and which broker did you order through?

It was Autoebid. B2B is just broker to manufacturer I.e cutting out the dealer network
Title: Re: Price increase coming 1st of December
Post by: king monkey on 14 November 2021, 06:55
So are people just getting unconfirmed build dates at the moment that keep moving?

What options seem to holding up cars more?

Doesn’t seem to be option dependent anymore. Just ordering a car is the problem.
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 14 November 2021, 09:33
JB GTI - what's a "BTB deal" and which broker did you order through?

It was Autoebid. B2B is just broker to manufacturer I.e cutting out the dealer network
Okay thanks.  I've PM'd you.
Title: Re: Price increase coming 1st of December
Post by: HA54SYM` on 14 November 2021, 12:44


In November all VW retailer were given zero production allocation.

“There will be no production allocation loaded for November - this is because of production constraints and the strength of order bank.”

So even if they wanted to order anything for stock they couldn’t  :laugh:

I bet that's an unprecedented situation. My local dealership has 9 used cars for sale currently, they must be on their knees, cash-flow wise.

Yes that is the concern I can see, unless they can get enough revenue from used sales, how do they pay the bills and the wages, if they have zero sales on new cars?
Title: Re: Price increase coming 1st of December
Post by: SRGTD on 14 November 2021, 12:59


In November all VW retailer were given zero production allocation.

“There will be no production allocation loaded for November - this is because of production constraints and the strength of order bank.”

So even if they wanted to order anything for stock they couldn’t  :laugh:

I bet that's an unprecedented situation. My local dealership has 9 used cars for sale currently, they must be on their knees, cash-flow wise.

Yes that is the concern I can see, unless they can get enough revenue from used sales, how do they pay the bills and the wages, if they have zero sales on new cars?

I regularly drive past a Vauxhall dealer and they have been filling the large gaps on their forecourt with non-Vauxhall brand vehicles - presumably so they have reasonable stock levels of used cars to sell to help maintain a revenue stream to pay the bills and employees wages.

Title: Re: Price increase coming 1st of December
Post by: evo1986 on 14 November 2021, 15:41


In November all VW retailer were given zero production allocation.

“There will be no production allocation loaded for November - this is because of production constraints and the strength of order bank.”

So even if they wanted to order anything for stock they couldn’t  :laugh:

I bet that's an unprecedented situation. My local dealership has 9 used cars for sale currently, they must be on their knees, cash-flow wise.

Yes that is the concern I can see, unless they can get enough revenue from used sales, how do they pay the bills and the wages, if they have zero sales on new cars?

The service departments will keep them afloat easily.

Also most dealers will have had a record HY performance so will have plenty of cash in the bank.
Title: Re: Price increase coming 1st of December
Post by: Kenis on 15 November 2021, 14:21


In November all VW retailer were given zero production allocation.

“There will be no production allocation loaded for November - this is because of production constraints and the strength of order bank.”

So even if they wanted to order anything for stock they couldn’t  :laugh:

I bet that's an unprecedented situation. My local dealership has 9 used cars for sale currently, they must be on their knees, cash-flow wise.

Yes that is the concern I can see, unless they can get enough revenue from used sales, how do they pay the bills and the wages, if they have zero sales on new cars?

I regularly drive past a Vauxhall dealer and they have been filling the large gaps on their forecourt with non-Vauxhall brand vehicles - presumably so they have reasonable stock levels of used cars to sell to help maintain a revenue stream to pay the bills and employees wages.

Seen the same at the Renault dealer beside my local train station.
Title: Re: Price increase coming 1st of December
Post by: Bluto on 24 November 2021, 19:28
While I continue to drive my Mk6 GTI and procrastinate on whether to order a Mk8 Clubsport or R.  On checking the VW UK website today (a weekly ritual of feeding my procrastination  :grin:) I see the VW Configurator has the Scottsdale alloy wheels now available to select on the Clubsport.  But with the title "PJA"

Interestingly when you check the wheel and tyre details it also details the Akrapovic exhaust and a speed limit raise to 166 mph.

Prices are unavailable, so I'm guessing the website developer is in the process of updating stuff for December's price increase and may have just copy/pasted Clubsport Edition 45 website 'assets'.  Is this a new "sport" pack that's coming for the Clubsport that looks remarkably similar to what the Edition 45 has already?  Time will tell.
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 24 November 2021, 21:19
I thought someone had said there was a "race pack" coming end of the year... Could be wrong.
Title: Re: Price increase coming 1st of December
Post by: DB99 on 25 November 2021, 10:31
(https://i.postimg.cc/Y2GN8kd1/0-C701-A43-6-CE2-4773-A241-E4-C464-A7-EEF7.jpg) (https://postimg.cc/7b4TZv86)

Current pricing in Ireland for the CS Race Package, which is to be released shortly. Given that the Akra is nearly €5k here on its own as an option this represents good value as you are getting the forged Scottsdale wheels and top speed delimiter as well for effectively the same price.
Title: Re: Price increase coming 1st of December
Post by: WelshGolf on 25 November 2021, 10:45
So you basically spec your clubsport to be a clubsport 45(6) now?
Title: Re: Price increase coming 1st of December
Post by: fredgroves on 25 November 2021, 10:54
So you basically spec your clubsport to be a clubsport 45(6) now?

Don't forget the exclusive stickers  :laugh: :laugh: :laugh: :laugh:

You can also go one better and add a black roof ED45+  :grin: :grin:
Title: Re: Price increase coming 1st of December
Post by: DB99 on 25 November 2021, 11:11
Aside from the wheels, exhaust and speed de limiter, CS45 will have the different external decals, GTI embroidered on the headrests, 45 emblem on the steering wheel, black roof, black mirrors and different door cards.

To be honest though, while I own a CS45 and have grown to really like the Scottsdale wheels after some initial hesitancy, I would choose the Estorils over them if the choice was there. I just think the Estorils are a great looking wheel in both black and diamond cut versions.
Title: Re: Price increase coming 1st of December
Post by: Paul70 on 25 November 2021, 11:29
Aside from the wheels, exhaust and speed de limiter, CS45 will have the different external decals, GTI embroidered on the headrests, 45 emblem on the steering wheel, black roof, black mirrors and different door cards.

To be honest though, while I own a CS45 and have grown to really like the Scottsdale wheels after some initial hesitancy, I would choose the Estorils over them if the choice was there. I just think the Estorils are a great looking wheel in both black and diamond cut versions.

Good summary DB99. I hope you are enjoying your ED45?

Whilst you could look at this option as reducing the exclusively of the ED45, It has made me realise the ED45 was a relative bargain based on the 4800 Euro option price (so saving approximately £1250) and we get all those small nice exclusive ED45 bits for free.
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 25 November 2021, 11:31
Looks like DTD have already altered the prices on their website in anticpation of the 1st December price increases.
Title: Re: Price increase coming 1st of December
Post by: DB99 on 25 November 2021, 12:15
Aside from the wheels, exhaust and speed de limiter, CS45 will have the different external decals, GTI embroidered on the headrests, 45 emblem on the steering wheel, black roof, black mirrors and different door cards.

To be honest though, while I own a CS45 and have grown to really like the Scottsdale wheels after some initial hesitancy, I would choose the Estorils over them if the choice was there. I just think the Estorils are a great looking wheel in both black and diamond cut versions.

Good summary DB99. I hope you are enjoying your ED45?

Whilst you could look at this option as reducing the exclusively of the ED45, It has made me realise the ED45 was a relative bargain based on the 4800 Euro option price (so saving approximately £1250) and we get all those small nice exclusive ED45 bits for free.

I must say I am enjoying it so far. I’ve come from a MK7.5R and have no regrets bar a few minor niggles.

It certainly seems to be a head turner out on the roads too.
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 02 December 2021, 19:42
When a new car is ordered I know the agreed price is protected by VW's price protection policy.  Does anyone know where that policy can be viewed - I can't find it on the VW website or by googleing it?  Ta.
Title: Re: Price increase coming 1st of December
Post by: evo1986 on 02 December 2021, 20:14
When a new car is ordered I know the agreed price is protected by VW's price protection policy.  Does anyone know where that policy can be viewed - I can't find it on the VW website or by googleing it?  Ta.

Usually they protect it no matter how long it takes to arrive. But a recent publication on commercial VW’s meant that unless you take delivery of it before the 30th of June 2022 you are not protected….

Guess you would have to contact retailer who would have the terms on conditions relating to orders placed before the 1st of December increase.
Title: Re: Price increase coming 1st of December
Post by: TurboTrev on 02 December 2021, 22:18
When a new car is ordered I know the agreed price is protected by VW's price protection policy.  Does anyone know where that policy can be viewed - I can't find it on the VW website or by googleing it?  Ta.

Usually they protect it no matter how long it takes to arrive. But a recent publication on commercial VW’s meant that unless you take delivery of it before the 30th of June 2022 you are not protected….

Guess you would have to contact retailer who would have the terms on conditions relating to orders placed before the 1st of December increase.

Interesting, thanks for that info.