GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: GTI-Newbie on 01 September 2013, 15:46
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I am being offered an ex-demo Mk7 GTI and it has done about 3500 - 4000 miles and if brand new would cost about 29k. With that in mind what price do you think it's worth??
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What is the spec?
I'd say £25k but I don't think we've seen any demos getting much off. Due to the wait the dealers can shift them without any reduction. It's a lot of money for a car driven by so many people with no reason to be nice to it though :undecided:
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It's likely to be worth not much off list right now, as Bill says regards the long build wait. 12-18 months from now the same scenario it would be 2-3k off list and then you haggle. Difficult right now tbh as the dealers hold the cards, not the GTI buyers.
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Standard Mk7 GTI DSG with standard Sat Nav (Discover) and Park assist in TR colour.
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Nothing lost in putting in a cheeky offer - they can only say no. If it's still there in a month i'd come back again, offer them £300 less. At the very least i'd want broker discount kind of money (£3500) off this if you really can't stand to join the queue. Come in at £4000 off, stating broker discounts and the fact that it is second hand. They will probably come back at you with the fact that it is available now. Settle on broker discount.
It's in the best colour :whistle: - did you want DSG, or just considering it because this demo has it? I personally wouldn't have DSG if it was a free option, if you don't like autos then you might well regret your purchase after a short while. Always make sure the car being offered is what you want, you may be wanting to jump the queue, but you'll probably have to live with the car upwards of 2 years.
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Nothing lost in putting in a cheeky offer - they can only say no. If it's still there in a month i'd come back again, offer them £300 less. At the very least i'd want broker discount kind of money (£3500) off this if you really can't stand to join the queue. Come in at £4000 off, stating broker discounts and the fact that it is second hand. They will probably come back at you with the fact that it is available now. Settle on broker discount.
It's in the best colour :whistle: - did you want DSG, or just considering it because this demo has it? I personally wouldn't have DSG if it was a free option, if you don't like autos then you might well regret your purchase after a short while. Always make sure the car being offered is what you want, you may be wanting to jump the queue, but you'll probably have to live with the car upwards of 2 years.
It's the minimum spec I would be happy with and I do prefer DSG over manual. I hate negotiating tho so i am just gonna tell'em how much I am willing to pay and if they aren't happy I am walking out.
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Nothing lost in putting in a cheeky offer - they can only say no. If it's still there in a month i'd come back again, offer them £300 less. At the very least i'd want broker discount kind of money (£3500) off this if you really can't stand to join the queue. Come in at £4000 off, stating broker discounts and the fact that it is second hand. They will probably come back at you with the fact that it is available now. Settle on broker discount.
It's in the best colour :whistle: - did you want DSG, or just considering it because this demo has it? I personally wouldn't have DSG if it was a free option, if you don't like autos then you might well regret your purchase after a short while. Always make sure the car being offered is what you want, you may be wanting to jump the queue, but you'll probably have to live with the car upwards of 2 years.
It's the minimum spec I would be happy with and I do prefer DSG over manual. I hate negotiating tho so i am just gonna tell'em how much I am willing to pay and if they aren't happy I am walking out.
Leave them an "offer" and give them your phone number, then leave if they appear not to accept it there and then, giving them a few days to get back to you, and make it clear you won't pay a penny more than your offer. I really wouldn't be offereing any more than broker discounted price, but having a p/x to get shot of too does muddy the waters a little. Look to the cost to change - worst case being broker discount + WBAC.com valuation on your p/x. If they offer more p/x in lieu of lower discount but cost to change is the same then you might find that acceptable.
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Why are they offering a car to you if you have one on order?
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other thing to check is it original launch spec or MY2014 spec, I would guess launch spec will have value implications down the road so the price would have to be right
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Why are they offering a car to you if you have one on order?
Might just be to make the customer "happy".
My dealer got in 3 GTD demos between 2 branches and offered me and mcmaddy first option on them (they had not been registered when we were offered them, so they would've been genuinely "new" for us), even though we had ours on order. I might've been tempted had they offered discount on the superfluous options that the demos arrived with (was not offered).
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Why are they offering a car to you if you have one on order?
This one is for a mate who doesn't want to wait.
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UPDATE: Ok so my mate ended up getting fed up with the ex-demo cars he saw so decided to put in an order for a new GTI which he was told he'd have to wait 6 months!!
Anyway a few days later I got an email from a VW dealership (I had pretty much emailed everyone I could find online) saying they had 3 brand new cars. 2 GTIs and 1 GTD. One of the GTIs is a similar spec to my order I have put through works car scheme which I had been wanting to get out of coz I plan to change jobs soon. Anyway I went and checked out the car and it was in their showroom and black however the difference was it didn't have PP. So basically I had to make a decision to either wait 2 more months for my car and be potentially tied in for another 3 years with my current employer or get a car next week and t be tied down to my current employer. Anyway I ended up deciding to bite the bullet and managed to cancel my company car order, sorted out my own finance (very surprised how easy it is these days) and negotiated a £2600 discount plus free servicing for 3 years, full set of mats and a full tank of Petrol!! I pick my baby up on Monday!!!
Am so damn chuffed.....if I had stayed with the company car scheme and wanted to leaved would have to pay my contributions for the remainder of the term if I decided to leave. This way I have the freedom to do what I want, I get my car next week and I actually own the car. Having said that it came with the sacrifice of not having the PP but I am happy with that now so I am gonna go out and celebrate!!!
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Sounds like a cracking deal there!
You're not going to be looking for 1/10ths of a second on a track right? You don't need the PP then! :wink:
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Sounds like a cracking deal there!
You're not going to be looking for 1/10ths of a second on a track right? You don't need the PP then! :wink:
Exactly Bear....I won't so am thinking its not really needed. Thanks to the this forum it made the decision easier! :smiley:
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Ref the above,there is a flip side to the supply/demand issue with the dealers.
Yes there is a potential premium due to scarcity of the cars but they still need to be bringing in money so deals are likely there to be had esp for cash.
They can surely only take full payment for a delivery to a customer.
Loads of deposits will not go far so the position of a customer wanting to make a deal on a demo is probably quite even.
It happened in my case so you may get lucky too.
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Ref the above,there is a flip side to the supply/demand issue with the dealers.
Yes there is a potential premium due to scarcity of the cars but they still need to be bringing in money so deals are likely there to be had esp for cash.
They can surely only take full payment for a delivery to a customer.
Loads of deposits will not go far so the position of a customer wanting to make a deal on a demo is probably quite even.
It happened in my case so you may get lucky too.
Totally agree. Best thing about this that it has only done 6 miles and been sitting in the showroom. Much better than the other demos I had viewed that had done 3500 in the space of 2 months. And they were being very tight with what they would be willing to move. This dealer kept on saying the demand is high so we don't need to reduce it that much but I used the "I already have one on order" hence he would have to give me a decent deal to cancel and take his.
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They don’t want cash deals – they want you on finance – it brings more money into the dealership (commission).
Good deal and you got yours quicker than Bear is getting his BMW – that is fast! The dealer can’t have been that confident in getting full price for it quickly if he was willing to give you that deal (salesman’s patter to try and minimise discounts no doubt). If someone comes in ready to buy they will usually take the money (or the finance) and run rather than hope for the next customer through the door wanting it enough to pay full RRP.
They will still make money off that. I was discussing the “VW survey” with my salesman when I picked up my car (going to give him top marks, VW were the thorn in my side) and how much it is worth to them to get a good mark. He told me that the basic margin on the cars they sell is only 5%, but the outcome of the survey, maintaining a certain number of demos, sales volume targets etc adds another discretionary 15%. On a busy dealer with a good level of satisfaction with their customers is going to get £5k from the sale of a vanilla GTI before discounts. If the car was earmarked as a Demo there’ll be even more profit as the dealerships get these discounted. Add in potential profits from GAP, Autoglym and the uptake of finance and even giving £3k in discounts on a GTI/GTD is going to yield more profit than selling a low spec Polo at full RRP.
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UPDATE: Ok so my mate ended up getting fed up with the ex-demo cars he saw so decided to put in an order for a new GTI which he was told he'd have to wait 6 months!!
Anyway a few days later I got an email from a VW dealership (I had pretty much emailed everyone I could find online) saying they had 3 brand new cars. 2 GTIs and 1 GTD. One of the GTIs is a similar spec to my order I have put through works car scheme which I had been wanting to get out of coz I plan to change jobs soon. Anyway I went and checked out the car and it was in their showroom and black however the difference was it didn't have PP. So basically I had to make a decision to either wait 2 more months for my car and be potentially tied in for another 3 years with my current employer or get a car next week and t be tied down to my current employer. Anyway I ended up deciding to bite the bullet and managed to cancel my company car order, sorted out my own finance (very surprised how easy it is these days) and negotiated a £2600 discount plus free servicing for 3 years, full set of mats and a full tank of Petrol!! I pick my baby up on Monday!!!
Am so damn chuffed.....if I had stayed with the company car scheme and wanted to leaved would have to pay my contributions for the remainder of the term if I decided to leave. This way I have the freedom to do what I want, I get my car next week and I actually own the car. Having said that it came with the sacrifice of not having the PP but I am happy with that now so I am gonna go out and celebrate!!!
why did you need to negotiate mats when they come as standard anyway?
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why did you need to negotiate mats when they come as standard anyway?
Premium mats perhaps? Or maybe the salesperson wanted to make the customer feel like they'd wheedled a bit more out of the deal.
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why did you need to negotiate mats when they come as standard anyway?
Premium mats perhaps? Or maybe the salesperson wanted to make the customer feel like they'd wheedled a bit more out of the deal.
It's for the premium mats.
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fair enough better to ask than not at all.