Author Topic: Trade in and Used Prices? MK7.5 to MK8  (Read 3157 times)

Offline willni

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Re: Trade in and Used Prices? MK7.5 to MK8
« Reply #10 on: 10 April 2023, 08:35 »
On the topic of BMW’s, I had an F40 M135i and the build was flawless. I drove a couple more launch cars and the same was true.
There are no less than 3 new M3’s on my estate plus a couple of 330e’s and they all look pretty spot on as far as casual once over goes - so much for there being no money around!  :grin:

And back to VW’s and current market conditions. A couple emailed offers were sent to me recently regarding in stock new Golf R’s, one being a blue 20 years edition and one a blue R with a few nice extras. Both cars in different dealerships and both wanted £20k to change up from my two year old GTI Clubsport. Err, no thank you, I’ll put up with the bongs thanks. Both cars were sold almost immediately afterwards for circa £48k- £50k. So much for there being no money around…

When they're properly built they're great, but the electric models are being built in China, which means abnormally soft paint and lots of defects. Where proper BMW's typically have very high quality 'hard' paint' that doesn't scratch without a lot of abuse. So they've gone from tough & thick paint (150-170 microns) that requires very aggressive compound to fix to extremely thin paint at 80-90 microns that you have to polish with water or you'll burn through it.




Back to VW, it's mental money for a golf now. A friend is looking for a mk7.5 GTD and there are so many still at £25k for a 2018 car. Found him a perfect one but the dealership isn't responding due to Easter, and I think it will have sold by the first day they're open again.
Mk7.5 GTI - Performance Pack, DSG, Sunroof, Dynaudio, Pro Nav, Vienna Leather, Climate Windscreen & last of the 3 doors....Many Sets of Alloys...

Prev - Mk7.5 White Silver, Vienna Leather, Sunroof, Helix Sub, Many Wheels

Follow my 7.5 build on the forum https://www.golfgtiforum.co.uk/index.php?topic=287596.msg2638666#new or on Instagram https://www.instagram.com/willy_gti7.5pp/

Offline Adam T7

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Re: Trade in and Used Prices? MK7.5 to MK8
« Reply #11 on: 10 April 2023, 10:17 »
I paid £29.8k for mine 52 months ago, 20k on the clock.
WBAC quote £21.4K - reckon that’s realistic (theoretical interest only)?
« Last Edit: 14 April 2023, 18:18 by Adam T7 »
MY2019 GTI Mk 7.5 Performance. DSG, 5 Door, Rear Camera, Climate Windscreen and Rear Window Factory Tints, Indium Grey.

Offline fredgroves

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Re: Trade in and Used Prices? MK7.5 to MK8
« Reply #12 on: 14 April 2023, 11:16 »
I think the 10k to change is about the same as it used to be... just its 10k on top of 20k not 10....

As for the Mk8.... yes super frustrating computer system problems but.... it does drive a lot better than the Mk7 if you are cracking on... no tramping, virtually zero understeer... if they ever fix the software gremlins it will be pretty much perfect... well apart from the clubby being even more perfect.
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline jaceyboy

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Re: Trade in and Used Prices? MK7.5 to MK8
« Reply #13 on: 16 April 2023, 14:11 »
I would not spend £10k to upgrade :smug:

MK7 GTi

Offline Colh

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Re: Trade in and Used Prices? MK7.5 to MK8
« Reply #14 on: 19 April 2023, 21:15 »
Hi all

I’m considering trading in my 2017 (67) MK7.5 PP GTi with 30k miles for a MK8 GTi 2021 (21) with 22k miles.

My current spec is 19” Santiago wheels, DSG, Discover Pro, Dynaudio and have been offered £21499.00 trade in by the dealer which seems ok considering I paid £25k for it back in 2018.

The MK8 GTi has DSG, 19” Adelaide wheels, winter pack and Harmon Kardon audio and is priced at £31499.00 so basically a cost to change of £10k.

Now what I find a bit off putting is the price of a 2 year old used car now compared to what I paid for a 1 year old car in 2018.

What are yours thoughts on this guys? Is it really worth spending £10k to upgrade to the MK8 which is 4 years newer than my MK7.5 PP?

I wouldn't.  You're effectively paying £10k to go to a car that isn't £10k better.  The finish of my old 2018 MK7.5 GTI was much better than my 2021 MK8.  Better seats, proper dials for the instruments etc.  Only improvement was going from manual to DSG and the rear camera I've got now.
Current: 2021 MK8 GTI DSG Atlantic Blue
Gone: 2018 MK7.5 GTI Deep Pearl Black
Gone: 2015 MK7 Match Night Blue
Gone: 2010 MK6 GTD Deep Pearl Black
Gone: 2008 MK5 Match Blue

Offline SRGTD

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Re: Trade in and Used Prices? MK7.5 to MK8
« Reply #15 on: 23 April 2023, 10:11 »
Hi all

I’m considering trading in my 2017 (67) MK7.5 PP GTi with 30k miles for a MK8 GTi 2021 (21) with 22k miles.

My current spec is 19” Santiago wheels, DSG, Discover Pro, Dynaudio and have been offered £21499.00 trade in by the dealer which seems ok considering I paid £25k for it back in 2018.

The MK8 GTi has DSG, 19” Adelaide wheels, winter pack and Harmon Kardon audio and is priced at £31499.00 so basically a cost to change of £10k.

Now what I find a bit off putting is the price of a 2 year old used car now compared to what I paid for a 1 year old car in 2018.

What are yours thoughts on this guys? Is it really worth spending £10k to upgrade to the MK8 which is 4 years newer than my MK7.5 PP?

I wouldn't.  You're effectively paying £10k to go to a car that isn't £10k better.  The finish of my old 2018 MK7.5 GTI was much better than my 2021 MK8.  Better seats, proper dials for the instruments etc.  Only improvement was going from manual to DSG and the rear camera I've got now.

I wouldn’t either.

I agree that the finish of the mk8 doesn’t seem to be as good as the mk7.5, and although the mk8 is a well sorted car dynamically, the big issue for me would be its ongoing software issues that VW seem to be unable to sort. Some cars seem to be worse than others but if you’re unlucky enough to get a bad one, the persistent error messages and warning ‘bongs’ would drive me to distraction and I think I’d very quickly regret ‘upgrading’ to a mk8.

Buy a good warranty, keep the £10k it would cost to change and enjoy your mk7.5.
2020 Polo GTI Plus; Pure White, DSG (because they all are)
Gone but not forgotten;
2016 Polo GTI; Blue Silk
2011 mk6 Golf GTD; Carbon Grey
2007 mk5 Golf GT (2.0 170bhp TDI version); Deep Black Pearl
2002  mk4 Golf GTI (the 150 bhp diesel version); Deep Black Pearl