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Model specific boards => Golf mk6 => Topic started by: bcarlin on 06 January 2013, 20:34

Title: Used prices
Post by: bcarlin on 06 January 2013, 20:34
Just had a look on the net and mk6 gtis are now going for around £14000.
Do you think the prices will plummet once the mk7 arrives ? If so maybe now is time to sell
Title: Re: Used prices
Post by: Raffe on 06 January 2013, 20:57
Just had a look on the net and mk6 gtis are now going for around £14000.
Do you think the prices will plummet once the mk7 arrives ? If so maybe now is time to sell

If they are selling at £14k already I would suggest they have already plummeted and you have little to worry about as the rate of depreciation will dramatically slow over the next 3/4 years of ownership  :smiley:
Title: Re: Used prices
Post by: Neil gti on 06 January 2013, 20:58
Just had a look on the net and mk6 gtis are now going for around £14000.
Do you think the prices will plummet once the mk7 arrives ? If so maybe now is time to sell
I've been keeping an eye on prices lately and the pattern I've been seeing is
09 cars basic spec around 14.5k good spec 09-59 around 16k
11-12 non ed35 still in the 20k+ bracket
Can't see the prices dropping much more than that even when the mk7 comes out ?
Title: Re: Used prices
Post by: Exonian on 06 January 2013, 21:53
Going from previous Golf history and as someone who changes car every couple of years it won't be the mk6 that gets hit the hardest when the mk7 comes in as they look remarkably similar and you can get some excellent deals at the moment on mk6s. It will be the mk5 that starts to look really dated and as the mk6 becomes more affordable the mk5 will drop slowly away pushing the mk4s into banger territory (obviously R models and Anniversary models don't quite follow the same as they have their own following). So yes, they'll drop but demand for Golfs always outstrips supply so you won't have too many issues yet.
Title: Re: Used prices
Post by: bcarlin on 06 January 2013, 22:32
Ok ours is a 09 plate
18" Monza shadows
Factory Bluetooth
Acc suspension
Parking sensors
5 door
Red
35000 miles
A1 condition
I hope it's worth more than 14k !
Title: Re: Used prices
Post by: evo1986 on 06 January 2013, 23:08
Mk6 prices have already tumbled in the last 6-9 months due to as Exonian said great deals on the run out new mk6 cars.

Your car is worth £14k+ retail price to someone but trade in would be probably £2k less
Title: Re: Used prices
Post by: dubber36 on 07 January 2013, 09:20
I never understand the reasoning behind having to sell a car in case trade in values drop.

The car you have will loose much less money than a new car that you will have to add a considerable chunk of money too to own. If it's all about having the latest model on the drive for the neighbours to see, then I suppose it has to be considered, but I didn't think that people who drove VW's were that shallow.
Title: Re: Used prices
Post by: MAW73 on 07 January 2013, 11:48
I never understand the reasoning behind having to sell a car in case trade in values drop.

The car you have will loose much less money than a new car that you will have to add a considerable chunk of money too to own. If it's all about having the latest model on the drive for the neighbours to see, then I suppose it has to be considered, but I didn't think that people who drove VW's were that shallow.

Totally agree....  but its that itch to buy a new car that gets people pondering about selling when a new model comes out.
Title: Re: Used prices
Post by: bcarlin on 07 January 2013, 18:29
My thoughts are the car is an 09 plate so it will be 4 years old soon.
I am not wanting a new model to impress anyone apart from me and my wife.
I feel I want a newer car so should I sell sooner rather than later so I don't loose to much
Title: Re: Used prices
Post by: Buck on 07 January 2013, 19:58
I think your best bet is to decide on which car you want and then keep an eye out for good deals onthe car you are buying.

Yours might be +/- £500 in that time but you could literally save £'000s on the one you are buying, outweighing any hit on your current car.
Title: Re: Used prices
Post by: evo1986 on 07 January 2013, 20:20
My thoughts are the car is an 09 plate so it will be 4 years old soon.
I am not wanting a new model to impress anyone apart from me and my wife.
I feel I want a newer car so should I sell sooner rather than later so I don't loose to much

Your car is only ever going to go down in value so if you are thinking of changing then do it. But just make sure you get a fair deal on what ever you are buying then you cant really complain. However the car you are considering buying might be a lot cheaper in 6 months time than paying top dollar for it now. Your car is not going to be worth thousands and thousands less where as the car you want now might be a few thousand less in 6 months. This is providing you would consider a used car. Buying a new car the gap will just get bigger and bigger and yours drop and new cars go up and up in price.
Title: Re: Used prices
Post by: bcarlin on 07 January 2013, 20:26
I'm wanting a mk7 gti  :smiley:
I wasn't sure if there would be many used gti's for a while
But I would be happy with a used one if the spec was right
Title: Re: Used prices
Post by: nige smith on 07 January 2013, 21:39
VW dealers aren't knocking cars out for 14K! I just bought a 10 plate, standard spec car with 25k miles for £15k from Porsche Byfleet. Kept an eye on it via Autotrader for a few weeks & watched  it come down in price from £16,750! The salesman even showed me an invoice for what they paid, £15,300! I considered I got a bargain. Same car 6 months younger at my local VW dealer, £18,000.
Title: Re: Used prices
Post by: EyeballPaul on 07 January 2013, 22:43
Mine is being part exed this weekend, got £13000 for it, its booking at £13500 so the Mini dealer said if immaculate, but needs a couple of wheels doing and some minor body wear.

Mine is an 09 plate GTI 35000miles, candy white, 18" monza's, RCD510 and leather. So not a bad spec, but by no means the best out there. I was quite pleased with the part ex price. I tried to sell private a couple of months back started at £15500, but just kept getting silly offers so withdrew the ad.

I dont think used prices have been hit to bad in the last quarter of 2012, as i got offered £13000 in Oct from a dealer. MK5 prices have held up really well also, so dont think the MK7 coming out will make to much difference on MK6 values