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Model specific boards => Golf mk5 => Topic started by: afmuir on 29 August 2011, 19:25

Title: Are these cars selling?
Post by: afmuir on 29 August 2011, 19:25
Hi
I am just wondering if these cars are selling now and if so what people are getting for them. Excuse me if this is the wrong place to ask but seemed appropriate.

I have an immaculate (yes another and I stand by it!) GTI Edition 30 5dr, DSG with 30k miles, and all the usual good selling points. I had it for sale at £13,500 and got no interest. These are cracking cars, but are there people buying them? I did a CAP valuation of my car which said Private Sale £14,650 - £15,250 and Trade In £11,800 - £12,600 so felt my price was OK and assumed I would drop it a bit in negotiation. But nobody seems interested!

Are other people having trouble selling or is it just me?

Thanks
Andrew
Title: Re: Are these cars selling?
Post by: Vman on 30 August 2011, 16:53
I had my O7 GTI with 13,000miles  and lots of options up for sale for near £14k, I had 1 person come out to see it, but did not buy due to him getting such a bad price for his Civic type-R. I then dropped the price by £1000 to just under £13k. Nothing for 2 days then had 1 person who was really interested rang, we agreed a price, then over the next few days I had about 10 interested people, I could not believe it. Anyway the car is now sold, alot less than what I wanted it to sell it for but, its sold.
I had a look ay your spec and pics and to be honest I think you would get a lot of interest if you priced it about £12600, the hardest part is getting people to come out and if your car is in as good condition as mine was, the first person to see will buy.
Title: Re: Are these cars selling?
Post by: stfc_gti on 31 August 2011, 18:27
i guess its the economic climate at the moment.
Title: Re: Are these cars selling?
Post by: bacillus on 01 September 2011, 16:05
i guess its the economic climate at the moment.

Absolutely, it's a buyers market atm...
Title: Re: Are these cars selling?
Post by: _Adam_ on 01 September 2011, 16:09
Hi
I am just wondering if these cars are selling now and if so what people are getting for them. Excuse me if this is the wrong place to ask but seemed appropriate.

I have an immaculate (yes another and I stand by it!) GTI Edition 30 5dr, DSG with 30k miles, and all the usual good selling points. I had it for sale at £13,500 and got no interest. These are cracking cars, but are there people buying them? I did a CAP valuation of my car which said Private Sale £14,650 - £15,250 and Trade In £11,800 - £12,600 so felt my price was OK and assumed I would drop it a bit in negotiation. But nobody seems interested!

Are other people having trouble selling or is it just me?

Thanks
Andrew

swap?   :grin:
Title: Re: Are these cars selling?
Post by: david25 on 02 September 2011, 09:07
The cost of change and the general economic climate are probably big factors.

I would be looking for a ED30 right now BUT the uncertainty of how long it would take to sell my current car (and what price) means this plan is on the back burner.
Title: Re: Are these cars selling?
Post by: AlanD on 02 September 2011, 15:42
Are you desperate to sell? If not then just be patient. Someone will always come.
Title: Re: Are these cars selling?
Post by: shakee on 04 September 2011, 08:33
I had my 06 plate gti on pistonheads recently and had one person interested who turned out to be a complete timewaster, times are hard :undecided:
Title: Re: Are these cars selling?
Post by: Phil1980 on 05 September 2011, 16:28
I had mine up for sale too, dropped the price a couple of times but no interest.  I'm going to hang on to it for the time being and change to something else next summer. :smiley:
Title: Re: Are these cars selling?
Post by: _Adam_ on 07 September 2011, 12:37
think the mk5 is very unfortuneate right now....

ignoring the "economic climate" and all that...

the hardcore dub enthusiasts want mk1/2 (3? :huh:)
the new car lovers want a mk6
and the mk5 is just a bit too expensive to buy over a cheaper 1.8t mk4

if someone REALY wants a mk5, i recon it would be an ED30
Title: Re: Are these cars selling?
Post by: Marlowe on 11 September 2011, 12:24
In fairness I think the people now looking at Mk5 GTIs will be those who want the general excellence of the MK2 in a more modern (more reliable in their eyes?) package.

I think in fairness MK5s are actually one of the more desirable used hatches out there right now.

As already stated, the main issue with selling a MK5 atm isn't that they are not desirable - it's that they belong to a faction of cars which, due to spiralling fuel costs and the ridiculous UK VED taxation system, are generally not falling into the same 'affordable sports' category as they once did.

I think with a little patience a sound MK5 GTI will still sell - although realistically we all need to accept that the MK5 is no longer regarded by the general uninformed masses as the 'pinnacle' of modern GTIdom and accept residuals will take a dent as a result.
Title: Re: Are these cars selling?
Post by: The Doc on 12 September 2011, 23:57
Any links to your advert?
Title: Re: Are these cars selling?
Post by: dubber36 on 13 September 2011, 12:05
To most people, the prices that ED30's are been advertised for seems like alot of money for a Mk5 Golf.

When I bought my car, I originally though about a Mk5 GT TDI, but having seen the prices of late low mileage ones, they seemed expensive compared to the falling prices of early Mk6's. I decided to leave it for a while until I could save some more money and get the Mk6. I think there are people considering ED30's now priced at £13k, but deep down are thinking that that money will nearly get them into a Mk6 in 12 months time.
Title: Re: Are these cars selling?
Post by: mvb on 13 October 2011, 15:54
To most people, the prices that ED30's are been advertised for seems like alot of money for a Mk5 Golf.

When I bought my car, I originally though about a Mk5 GT TDI, but having seen the prices of late low mileage ones, they seemed expensive compared to the falling prices of early Mk6's. I decided to leave it for a while until I could save some more money and get the Mk6. I think there are people considering ED30's now priced at £13k, but deep down are thinking that that money will nearly get them into a Mk6 in 12 months time.

when you say in six months time...... what spec mk6 are you talking about as imo, ED30 compared to a bog standard mk6 is miles apart.
Title: Re: Are these cars selling?
Post by: Marlowe on 14 October 2011, 11:24
Popped mine up to test the water as such, as I'm getting the itch (though I'm struggling to see what, other than another GTI or possibly a R, I would go) for - £8750 for a 06 plate with 45k on clock. Given the Glass's valuation this seemed a very sensible amount to get a quick sale...

Very little interest other than the usual con artists. The time of year doesn't help, I'm sure, but a quick foray onto autotrader identified that they're all over the place, with some (ropey presumably and high mileage) 05 plates going for a little as 5.5k. I'm sure residuals will get more sensible in the new year, but after seeing this I'm in no rush to get rid of the car.
Title: Re: Are these cars selling?
Post by: Phil1980 on 14 October 2011, 11:42
I also toyed with selling mine earlier in the year but was just getting silly offers, have now decided to keep hold of it until next summer at least.  I will hopefully have a better idea of what I actually want by then, was thinking S3 and getting it mapped or maybe scirocco R.  There isn't lots of stuff about at the moment that takes my fancy. :smiley:
Title: Re: Are these cars selling?
Post by: mvb on 14 October 2011, 11:59
I also toyed with selling mine earlier in the year but was just getting silly offers, have now decided to keep hold of it until next summer at least.  I will hopefully have a better idea of what I actually want by then, was thinking S3 and getting it mapped or maybe scirocco R.  There isn't lots of stuff about at the moment that takes my fancy. :smiley:

i would choose the S3 over the Scirocco R as i like the S3 shape, however and Scirocco is a head turner due to the elegance, so saying that i could easily be swayed if i had the choice.
Title: Re: Are these cars selling?
Post by: Phil1980 on 14 October 2011, 12:15
The only thing that puts me off about the s3 is its now a bit dated, I'm not sure on the suspension set up on the rear either I'm sure its different to the mk5, will have to test drive both at some point and get a better idea of which I prefer.  Until then though my mk5 will do me fine.
Title: Re: Are these cars selling?
Post by: Marlowe on 14 October 2011, 15:38
With the new A3 out around the corner it will look increasingly dated I fear - did look at S3 for the same reason but I've concluded a Golf remains the best 'all rounder'. Other option I've concluded I might need to look at if the residuals remain so silly is just to run the GTI into the ground as a 'jack of all trades' for years to come, and get something silly for a weekend / track car.
Title: Re: Are these cars selling?
Post by: Phil1980 on 14 October 2011, 15:55
I'm trying not to worry too much about what my mk5 is worth as by the time it goes the mileage will be fairly high and I will probably just part ex it.  Its all paid for so its the just the servicing and running costs that will screw me. :smiley: