GolfGTIforum.co.uk

Model specific boards => Golf mk5 => Topic started by: Bobnaldo on 06 October 2009, 12:43

Title: Px values?
Post by: Bobnaldo on 06 October 2009, 12:43
Hi

Been quoted 16,500 as a px for my 08 GTI, with 18,000 miles on it.

Bit of a long shot, but any ideas what that could be in June with say 28,000 miles on it and again the following June with say 44,000 miles on it?

Just with used prices being so high, just weighing up when's the best time to change.

Thank you

Rob
Title: Re: Px values?
Post by: dubber36 on 06 October 2009, 13:30
There's never a good time to change cars, the dealer will always come out on top.

You may well get good money for your car next June, but over the next 12 months your new 2010 car will lose you far more money than your current car will.
Title: Re: Px values?
Post by: Bobnaldo on 06 October 2009, 13:41
Just trying to maximise the difference between what I owe and what it's worth. The bigger the difference the larger my deposit for my next car.

If our cars are artificially a bit high now, it might be the best time to trade?
Title: Re: Px values?
Post by: dubber36 on 06 October 2009, 15:35
Why not keep it and pay it off?

It's all too easy to roll one finance deal into another and lose track of how much things are actually costing.

I suppose I don't like borrowing money, and hate the monthly commitment of having to make the repayments.
Title: Re: Px values?
Post by: FamilyDub on 06 October 2009, 15:37
The dealer will always come out on top

Correct.

If our cars are artificially a bit high now, it might be the best time to trade?

How much do you want a new car...? And what new car are you considering?

If it's a Mk5.5 Mk6, I personally wouldn't bother.





Also, when you misplace something you 'lose' it. It has one 'o'.... Sorry, bugs me :afro:
Title: Re: Px values?
Post by: Bobnaldo on 06 October 2009, 15:40
My office has changed, so I'm now spending 2 hours a day sat in traffic so fancy a dsg next.

I don't mind paying a monthly cost as I get a car allowance, just thinking if it's currently worth the most it'll ever be, may as well trade it sooner and start enjoying the dsg, if that makes sense?
Title: Re: Px values?
Post by: dubber36 on 06 October 2009, 16:05

Also, when you misplace something you 'lose' it. It has one 'o'.... Sorry, bugs me :afro:

Bad spelling and grammer bug me too.

I'll shall go back and amened my post straight away.  :smiley:
Title: Re: Px values?
Post by: FamilyDub on 06 October 2009, 18:13
My office has changed, so I'm now spending 2 hours a day sat in traffic so fancy a dsg next.

I don't mind paying a monthly cost as I get a car allowance, just thinking if it's currently worth the most it'll ever be, may as well trade it sooner and start enjoying the dsg, if that makes sense?

It does make sense... If you're willing to actually trade it in. I'm not ar$ed, because I'm keeping mine.

Our friends in the MkVI section have posted up that the Golf R is available to configure on VW's German site!
Title: Re: Px values?
Post by: Exonian on 06 October 2009, 19:19
Hi

Been quoted 16,500 as a px for my 08 GTI, with 18,000 miles on it.

Bit of a long shot, but any ideas what that could be in June with say 28,000 miles on it and again the following June with say 44,000 miles on it?

Just with used prices being so high, just weighing up when's the best time to change.

Thank you

Rob
Used car prices are artificially high at the moment. Nine months ago they were artificially low. You can only best guess a cars future value. My best guess right now would be that if you wanted to part-ex against a brand new car the next few months could be the best time before the winter lull sets in and dealers won't want cars sat around on forecourts over the winter. If you're part-ex'ing against another used car then you will still fall foul of the inflated prices as the one you would be buying would be inflated even higher than your p/x price.
So in short:
 
p/x against new: Good time to do it (or as good a time as any as recent used cars are in short supply)
p/x against used: Not such an ideal time right now

Also I didn't think £16,800 is that good a price as there are many recent mk5 GTIs on forecourts at mk6 money and beyond if they have desireable extras.
Title: Re: Px values?
Post by: Bobnaldo on 07 October 2009, 09:02
Thank you for the advice, and apologies for the bad grammer.

Ive been toying with a dsg mk 5.5, an a3 black edition and a 1 series coupe.

I'm going to have a good think over the next few days, if used prices are so inflated might be a good time to do it. Or just sod it and get mine re-mapped, ha.
Title: Re: Px values?
Post by: FamilyDub on 07 October 2009, 09:20
Thank you for the advice, and apologies for the bad grammer.

Ive been toying with a dsg mk 5.5, an a3 black edition and a 1 series coupe.

I'm going to have a good think over the next few days, if used prices are so inflated might be a good time to do it. Or just sod it and get mine re-mapped, ha.

Golf every time over these two. We currently own an A3 and I've driven the 1-series that's taking it's place next month and the best package would be the Golf DSG, IMO.

Audi's are nicely finished, but bl00dy hell it's boring. The 1-series is feckin' pig ugly, too! :afro:
Title: Re: Px values?
Post by: Schuey on 08 October 2009, 21:49
Hi

Been quoted 16,500 as a px for my 08 GTI, with 18,000 miles on it.

Bit of a long shot, but any ideas what that could be in June with say 28,000 miles on it and again the following June with say 44,000 miles on it?

Just with used prices being so high, just weighing up when's the best time to change.

Thank you

Rob
Used car prices are artificially high at the moment. Nine months ago they were artificially low. You can only best guess a cars future value. My best guess right now would be that if you wanted to part-ex against a brand new car the next few months could be the best time before the winter lull sets in and dealers won't want cars sat around on forecourts over the winter. If you're part-ex'ing against another used car then you will still fall foul of the inflated prices as the one you would be buying would be inflated even higher than your p/x price.
So in short:
 
p/x against new: Good time to do it (or as good a time as any as recent used cars are in short supply)
p/x against used: Not such an ideal time right now

Also I didn't think £16,800 is that good a price as there are many recent mk5 GTIs on forecourts at mk6 money and beyond if they have desireable extras.


I think MKV prices will start to fall a bit quicker into the new year so now just maybe the time to change.  There was a price thing in Autocar last week (for whats its worth) basically predicting a serious drop in MKV values. 

I also doubt that the early MKV's on 05 plates can hold their values around the £11K mark for much longer, some as high as £13K, which is one reason why I just sold one of mine on an 06 Plate.
Hi

Been quoted 16,500 as a px for my 08 GTI, with 18,000 miles on it.

Bit of a long shot, but any ideas what that could be in June with say 28,000 miles on it and again the following June with say 44,000 miles on it?

Just with used prices being so high, just weighing up when's the best time to change.

Thank you

Rob
Used car prices are artificially high at the moment. Nine months ago they were artificially low. You can only best guess a cars future value. My best guess right now would be that if you wanted to part-ex against a brand new car the next few months could be the best time before the winter lull sets in and dealers won't want cars sat around on forecourts over the winter. If you're part-ex'ing against another used car then you will still fall foul of the inflated prices as the one you would be buying would be inflated even higher than your p/x price.
So in short:
 
p/x against new: Good time to do it (or as good a time as any as recent used cars are in short supply)
p/x against used: Not such an ideal time right now

Also I didn't think £16,800 is that good a price as there are many recent mk5 GTIs on forecourts at mk6 money and beyond if they have desireable extras.


Just one comment on this, the reason forecourts are holding MKV's at near MKVI money is pretty obvious...If the MKV prices fall then the MKVI will follow very quickly & the dealers will be the ones having to offer discounts or sit on their stock, including their inflated MKV's that ultimately they may struggle to get rid of.
Title: Re: Px values?
Post by: Bobnaldo on 08 October 2009, 22:52
Thank you, I'll see what sort of deal I can get on a mk vi with dsg, or a 1.8t a3 black edition s-tronic, really liking all the toys that come with it.

I suppose I don't want values to plummit and I won't be able to afford a new car in a year or so.
Title: Re: Px values?
Post by: dubcruiser on 10 October 2009, 10:18
Prices of used are high because of two reasons... New prices have been hiked due to the Euro and also due the limited supply of new cars due to the turn down in production.

The actual cost to change for will probably not alter that much as it's all relative.