GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: TheMoggy on 10 September 2014, 22:16
-
Made the plunge today...trading in my TR GTi for a Lapiz Blue R with DSG (built this week, arrives mid-October)
I may have only had my GTi for 12 months and feel a bit stupid for trading in but couldn't hold out any longer and I got an excellent deal!!!
Anyone else made such a quick shift? If so, any regrets?
-
It really goes to show how ridiculous the pricing on the R is as everyone in a GTI seems to be chopping it in for an R already.
-
It does interest me that there are a lot of people switching over - surely it must be costing an awful lot to swap so early?
I feel like I might be missing something? Without being too nosey can anyone describe what kind of inflation in price they're facing for switching to the R? I am flirting with the idea of switching to an R at some point but if it was going to work out significantly cheaper to switch sooner then obviously I would look into that...
Thanks
Greg
-
For most people, the part-ex price for a 1year old car won't be much more than that of a 2year old one, there just isn't the margin there for the dealership to make it happen.
Take a new GTI for £26k. Discount is common if you know to ask for one and negotiate. So you get one with a few options and maybe pay £25k for it. Not many people are going to want to pay more than £24k for a year old one that had an RRP of £28k (inc options), or pay £23k for a vanilla one, when they can wait an ever shorter time for a new one.
If sticker price is £24k, the dealer is going to want to make 20%, offering £19k -you lose £6k, there are a fair few demos about which are all competing at the same age/pricepoint.
Keep it for 2 years and you'll have probably lost an additional £3k. The dealer will have it up for £21k and be looking to give you £16/17k for it. This is all on the assumption that the popularity of the GTI doesn't strongly wane for everyone looking to get into an R.
I usually keep a car at least 2 years to spread out the initial loss with a year's normal depreciation. The R could really do with some special sports seats to set it apart, but otherwise it looks reasonable value next to the GTI.
-
The R cost me an extra 35 quid per month with a deposit of 1500 quid. In terms of what I owe on the GTi and the price the garage are giving me I'm losing about 500 quid. The deal I referred to was the saving on the new car plus I am getting it in a month (with the spec I wanted) rather than the 4-6 months others are waiting.
The way I looked at it was the 500 quid I lost was going to be the price of the new tyres I already need plus my road tax is now due. The extra per month and the deposit are a shame obviously but I'm going to offset that by the enjoyment I will have :)
The R in the North East seems relatively rare (only ever seen one in the area) whilst the GTD and GTi are everywhere, especially the GTD - 5 parents at my kid's school have GTDs, there are only 160 kids in the school!!...My GTi doesn't feel 'special' anymore (very shallow I know) :wink:
-
The R in the North East seems relatively rare (only ever seen one in the area) whilst the GTD and GTi are everywhere, especially the GTD - 5 parents at my kid's school have GTDs, there are only 160 kids in the school!!...My GTi doesn't feel 'special' anymore (very shallow I know) :wink:
Given that the Golf Mk7 is consistently the 4th best selling car model in the UK, its not too surprising really. Ok, so the more expensive models will be more rare but you are still talking about a very popular, affordable and desirable car - not an exotic.
Should have gone for something less popular, like a Audi A3 :-P (right down the bottom of the top ten that one is!)
-
Given that the Golf Mk7 is consistently the 4th best selling car model in the UK, its not too surprising really. Ok, so the more expensive models will be more rare but you are still talking about a very popular, affordable and desirable car - not an exotic.
Should have gone for something less popular, like a Audi A3 :-P (right down the bottom of the top ten that one is!)
My original remark was a bit tongue-in-cheek :tongue: ...what I hoped was a bit of exclusivity with the GTi and GTD. I'm hoping I get that with the R, at least until the R400 is released when I will make the jump again :drool: (before I get a reaction / bite, I'm joking)
-
Made the plunge today...trading in my TR GTi for a Lapiz Blue R with DSG (built this week, arrives mid-October)
I may have only had my GTi for 12 months and feel a bit stupid for trading in but couldn't hold out any longer and I got an excellent deal!!!
Anyone else made such a quick shift? If so, any regrets?
Done exactly the same - although my provisional BW is 4 :cry: But yes, the R is nearly the same money for me monthly and too good an opportunity to pass up!
-
Same here ordered an R, my GTD is 3 at christmas and i was looking to get back into a GTI again but with the R pricing structure its a no brainer - well over £100 cheaper per month than the GTI for me. I cannot quite believe how cheap the insurance is either :shocked:.
-
All these stories make the idea of a swap very tempting.
Does anyone know what the chances are of getting an extended test drive in an R? I really like the GTI and I'd want to be pretty sure of myself before I tried to enter in to a swap.
-
Same here ordered an R, my GTD is 3 at christmas and i was looking to get back into a GTI again but with the R pricing structure its a no brainer - well over £100 cheaper per month than the GTI for me. I cannot quite believe how cheap the insurance is either :shocked:.
Are all these cheap deals PCP that you refer to?
-
Same here ordered an R, my GTD is 3 at christmas and i was looking to get back into a GTI again but with the R pricing structure its a no brainer - well over £100 cheaper per month than the GTI for me. I cannot quite believe how cheap the insurance is either :shocked:.
Are all these cheap deals PCP that you refer to?
You beat me to it - I was just about to ask that question...I am paying PCP for my GTi and doing the same thing with the R. I'm not seeing reductions in my monthly costs. However, I am moving from a manual GTi to a DSG R and the GTi is only 12 months old so I would expect an increase (35 quid) per month.
-
Same here ordered an R, my GTD is 3 at christmas and i was looking to get back into a GTI again but with the R pricing structure its a no brainer - well over £100 cheaper per month than the GTI for me. I cannot quite believe how cheap the insurance is either :shocked:.
Are all these cheap deals PCP that you refer to?
You beat me to it - I was just about to ask that question...I am paying PCP for my GTi and doing the same thing with the R. I'm not seeing reductions in my monthly costs. However, I am moving from a manual GTi to a DSG R and the GTi is only 12 months old so I would expect an increase (35 quid) per month.
I'm also on a pcp and my monthlys are going up ever so slightly - but again, I'm going from a manual GTI to a DSG R, and I'm only 1 year into my GTI pcp, so I'm more than happy with a small increase, and think that's acceptable. I think he may be referring to the cheap lease deals that have been bandied about (3 months up front an a stock R for £250 odd a month) - I believe these have been stopped by VW now as there were some "internal incidents" with regards these, shall we say.
-
Same here ordered an R, my GTD is 3 at christmas and i was looking to get back into a GTI again but with the R pricing structure its a no brainer - well over £100 cheaper per month than the GTI for me. I cannot quite believe how cheap the insurance is either :shocked:.
Are all these cheap deals PCP that you refer to?
You beat me to it - I was just about to ask that question...I am paying PCP for my GTi and doing the same thing with the R. I'm not seeing reductions in my monthly costs. However, I am moving from a manual GTi to a DSG R and the GTi is only 12 months old so I would expect an increase (35 quid) per month.
I'm also on a pcp and my monthlys are going up ever so slightly - but again, I'm going from a manual GTI to a DSG R, and I'm only 1 year into my GTI pcp, so I'm more than happy with a small increase, and think that's acceptable. I think he may be referring to the cheap lease deals that have been bandied about (3 months up front an a stock R for £250 odd a month) - I believe these have been stopped by VW now as there were some "internal incidents" with regards these, shall we say.
Its a PCP deal through VW not a lease - with the discounts available and the equity in my car and some extra cash in from me the R is coming in at about £100 cheaper than a GTI in the sppec i would want. TBH i cant see it lasting as there are going to be 1000s of golf R's around for sale in three years otherwise which will impact the forecast resale values.
If your paying in full the GTI is more feasible but on PCP its no contest the R will win every time.
-
All good points. What will happen to GFV on PCPs when everyone starts thinking like the good folks on here and the market is flooded with r's
-
^ When GFVs fall to the point that when you look to p/x and there is no equity, you just walk away rather than pay up the stated GFV to keep it (assuming you don't want to keep a hold of it beyond 3 years).
Really trying to resist deals like these, they really make sense if you're already on finance and the R GFV is so high (around a grand more than an S3 coincidentally, even though my local Audi dealer said that the stated GFV was massively cautious and he expected a p/x equity of £3k 36 months down the line). The mpg on the GTD is a complete disappointment for me (as is standard performance) when off the motorway, and the only redeeming factor is the DTUK box. £80 a month more for fuel vs a GTD or maybe £20 a month vs a GTI for those doing average mileage isn't a hell of a lot compared to how much money these cars will cost in depreciation over 3 years and the extra enjoyment you'll probably get with those extra 116/80/70PS. Getting a GTI on PCP instead of an R makes absolutely no sense right now, unless you strongly prefer the looks of the GTI or are young/inexperienced enough for the jump from GTI to R to have a significant effect on your insurance.
-
Trading up to an R is so tempting however the cost to change for me would be too great to justify it at this moment in time. Plus I fear that after the initial wow factor of the additional ponies, I would get bored staring at the same cabin very quickly. My boredom threshold is so low, to a point that after only 6 months I already start to think about what I could get next.
-
Trading up to an R is so tempting however the cost to change for me would be too great to justify it at this moment in time. Plus I fear that after the initial wow factor of the additional ponies, I would get bored staring at the same cabin very quickly. My boredom threshold is so low, to a point that after only 6 months I already start to think about what I could get next.
Not sure whether R cabin after GTD cabin would feel too samey also. For this reason I will probably be getting an S3 next - lovely interior, but feck-all in the way of equipment. :sad:
-
Trading up to an R is so tempting however the cost to change for me would be too great to justify it at this moment in time. Plus I fear that after the initial wow factor of the additional ponies, I would get bored staring at the same cabin very quickly. My boredom threshold is so low, to a point that after only 6 months I already start to think about what I could get next.
Not sure whether R cabin after GTD cabin would feel too samey also. For this reason I will probably be getting an S3 next - lovely interior, but feck-all in the way of equipment. :sad:
I think if it was a straight choice between the R and S3 then the R would win for me. The interior is beautiful in the S3 but by all accounts the R is the better drivers car. Both cars are a bit bland to look at and Audi are ridiculously tight when it comes to standard spec.
My attention is definitely drawn towards the M235i just now and they seem quite rare as I've yet to see one on the road. I'll go and have a look at the new TT but it's just not exciting me from what I've read and seen so far.
Hopefully before I change there will be a few more other contenders on the road which may be of interest.
-
I agree on the M235i.....look very smart....shame BMW have not offered more of the 1 and 2 series with x-drive yet.
Ken
-
BMW looks good - have to agree there. The A45 also looks great and haven't seen many of those on the roads either.
-
BMW looks good - have to agree there. The A45 also looks great and haven't seen many of those on the roads either.
The Mercedes A45 AMG is hugely overpriced that's why. Spec one up and it easily hits the 50K mark. You can get a Nissan GTR for the same money!
-
The new TT looks pretty much the same as the MK2 from most angles, the only wow thing on there is the digital screen display replacing the dials etc. It has gone up in price a lot - you "only" get GTI PP output for more than R/S3 money. The offputting thing for the M235i is that it will cost you a lot more per month - residuals are way down on the R/S3 on a % basis. The A-class as a whole feels very cheap inside, and the A45 is supposed to be no exception, with almost no standard equipment - you'll be up to £42k getting it specced like an R (albeit with better seats). The R is really missing some special sports seats. The Cupra 280PS is probably going to be the most fun, but with a shocking 40.5% retained RRP after 3 years, it'll be pretty expensive on PCP without a huge deposit. I suppose there's no getting away from the fact that all these cars are relatively expensive, but the R looks a great proposition if you are doing PCP and are prepared to give it back after 3 years if the GFVs leave no equity, from a monthly costs poiint of view.
-
Certainly is. But to all those who are looking into chopping their GTI in for an R. This is how I understand it as simply as possible and i'm sure Monkeyhanger will correct me if i'm wrong.
Based on a PCP;
Exchanging your GTI for an R after 1 year will pretty much break even as far as equity is concerned. This means your'll hand your GTI back. Lose all the money you've paid so far on the car including your deposit and handing the car back will pay off the outstanding debt.
Exchanging your GTI for an R after 2 years and you should have a small amount of positive equity. Probably around £2,000 which you can put down on the deposit for the R.
Exchanging your GTI for an R after 3 years and you should be in a pretty good position. Your car hasn't plummeted too much in value and you should definitely be in equity and will likely have between £3-5,000 worth of Equity to put down as a deposit for the R.
As you see the longer you own the car the less of a hit your'll generally take on it. This is based on a 3 year contract with a healthy deposit to begin with. I can't imagine 4 years being that much different to 3 as far as equity is concerned as the market value should balance out and depreciation should slow down at this point.
As tempting as it is to follow suit and swap my GTI for the R early like others have it makes a lot of economical sense to hold out another couple of years until the end of my 3 year term is over and more of the car is paid off which will allow me a healthy deposit on the R400 on release.
-
Certainly is. But to all those who are looking into chopping their GTI in for an R. This is how I understand it as simply as possible and i'm sure Monkeyhanger will correct me if i'm wrong.
Based on a PCP;
Exchanging your GTI for an R after 1 year will pretty much break even as far as equity is concerned. This means your'll hand your GTI back. Lose all the money you've paid so far on the car including your deposit and handing the car back will pay off the outstanding debt.
Exchanging your GTI for an R after 2 years and you should have a small amount of positive equity. Probably around £2,000 which you can put down on the deposit for the R.
Exchanging your GTI for an R after 3 years and you should be in a pretty good position. Your car hasn't plummeted too much in value and you should definitely be in equity and will likely have between £3-5,000 worth of Equity to put down as a deposit for the R.
As you see the longer you own the car the less of a hit your'll generally take on it. This is based on a 3 year contract with a healthy deposit to begin with. I can't imagine 4 years being that much different to 3 as far as equity is concerned as the market value should balance out and depreciation should slow down at this point.
As tempting as it is to follow suit and swap my GTI for the R early like others have it makes a lot of economical sense to hold out another couple of years until the end of my 3 year term is over and more of the car is paid off which will allow me a healthy deposit on the R400 on release.
Exactly my thoughts, only difference being I went down the route of HP rather than PCP
-
http://www.thecarexpert.co.uk/car-finance-pcp-explained/
I have never had a car on pcp always hp. But rather confused as to how you would reveive any cash back after handing the car back to the finance company before your contract terminates. I thought a pcp was effectivly leasing the car. I read through this link and cant see anything re cash back at then end or handing back early nor was anything like this mentioned to me by the dealer. As surely the dealership arent going to underestimate the future value as only then could I see having cash back a possibility.
-
http://www.thecarexpert.co.uk/car-finance-pcp-explained/
I have never had a car on pcp always hp. But rather confused as to how you would reveive any cash back after handing the car back to the finance company before your contract terminates. I thought a pcp was effectivly leasing the car. I read through this link and cant see anything re cash back at then end or handing back early nor was anything like this mentioned to me by the dealer. As surely the dealership arent going to underestimate the future value as only then could I see having cash back a possibility.
Taken directly from the link you posted.
"The finance company will set this future value quite low, as it is their loss if the value drops below what you owe on the car at the end of the agreement. The idea is that the car should be worth a bit more than what is owed at the end of the agreement."
"If your car is worth more than the GMFV, then any of that extra (called equity) is yours to use as deposit towards your next car. Say you are offered £12,000 for your car, but your GMFV is £10,000. The dealer will pay £10,000 to settle your finance and the remaining £2,000 is yours to put towards your new car. This is the most common way to settle your PCP, and it is why dealers and manufacturers love it."
If you hand back your car early the same process happens. Your car is valued and the amount left owing on the car is taken into consideration.
After 2 years if you still owe £20,000 on your agreement but your car has a market value of £21,000 then you would have £1000 worth of positive equity. You would give them your car back early which will remove the £20,000 you owe and then VW would give you £1000 to use as a full or part deposit against the R.
-
Maybe the GTI is different but I found when I came to the end of my Mk6 PCP and went round various garages, when they put the details of my car in to their system, all of them more or less came back with only £1000 equity going to the new car.
Its almost as if they look and see your GFV and offer £1000 over it regardless.
One salesman said it was only really geared towards getting you a small deposit of £££ to put towards the new car but that was probably BS. Although he did only offer me £600 equity!!
The other thing you could always do is sell the car privately and anything over the GFV you make is yours to put down as a deposit.
-
Having done a few PCP's they are carefully designed to protect the company so they never lose, there will always be some equity but don't expect it to be more than about £1500 - £2000 max on a car like the golf GTI / R. Best to sell privately and settle the agreement.
-
I don't think there is a contractual 'GMFV' as far as I'm aware. It's just an 'optional final payment' on VW Solutions contracts. The dealer will just appraise your car and offer what they think it is worth. They aren't obliged to offer you the full 'optional final payment', and nothing is 'guaranteed' Granted the schemes are normally designed so you have a little equity to put down as a 5% deposit. They want you to keep coming back and buying another vehicle after all :)
-
Having done a few PCP's they are carefully designed to protect the company so they never lose, there will always be some equity but don't expect it to be more than about £1500 - £2000 max on a car like the golf GTI / R. Best to sell privately and settle the agreement.
This is the best way - sell it privately. You'll always get more, and then you don't have to stick with a VW should you not want to. I did this once and got considerably more than what the dealer was offering me on top of my GFV.
My reason for me changing is that the R isn't costing this much more, and just like Craig I start looking at other cars within 6 months of getting a new one. And having only put a grand down on my GTI I'm more than happy to lose that as I've had the car for a year. The R is the only car that excites me in that class at the moment, the S3 is a lovely car but it's too bland and not enough standard kit; the M235i is very tempting but having had a BMW before I'm not ready to jump back into one just yet; and the Cupra R is too 'flashy' for me in terms of my work. The R ticks all the boxes for me. Will I be bored of it in 3 years time - of course - but then hopefully they'll be something else that I'll want then! :smiley:
-
This is the best way - sell it privately. You'll always get more, and then you don't have to stick with a VW should you not want to.
That's the beauty of a PCP though you don't have to stick with the same manufacturer. You can easily trade it in elsewhere. Its exactly the same as every other car trade in. Although some folk do believe though that you are tied to that car manufacturer!
The only point of the GFV is, this is the figure the customer has to pay if they want to keep the car. Thats a good point Jammy1 has pointed out that its not a contractual agreement to give you that for the car. Although in saying that, if the car market crashes, and your £15k GFV is now only worth £12k and that is all they are offering then the beauty of one of the PCP options is to hand the car back and start again. So in effect they will give you that GFV.
-
One thing you find with the R is it never gets boring, there is always something to upgrade, change ect that stops any bordom setting in, I have a list a mile long to add to the R, then if I did them all at once, I probably would get bored, but the options of tuning setups are endless, it's a smile by mile car, check this build with Statllers.... Endless. :cool: :wink:
(http://i304.photobucket.com/albums/nn189/spinningbackKick/1383C419-2B8C-49F4-9C88-F99EB7CF2B71_zpsi89hg8oc.jpg) (http://s304.photobucket.com/user/spinningbackKick/media/1383C419-2B8C-49F4-9C88-F99EB7CF2B71_zpsi89hg8oc.jpg.html)
(http://i304.photobucket.com/albums/nn189/spinningbackKick/A9C86E5F-E669-4E63-9FFD-4844E7E9CE8F_zpsm1yt2su9.jpg) (http://s304.photobucket.com/user/spinningbackKick/media/A9C86E5F-E669-4E63-9FFD-4844E7E9CE8F_zpsm1yt2su9.jpg.html)
-
Im getting a R for the day from my dealer and seriously thinking of ordering one for next yr to replace my gti pp...
-
Add me to the R list - I placed my order with Pulman Durham today for a Lapiz 5 door. Once again I didn't do any extras, there really is no equipment I want that wouldn't be just a novelty for me (the cheaper stuff like reversing camera, keyless, park assist) or that i'd be willing to stomach an 80% loss on 3 years down the line (Leather/Nav Pro/DCC etc). Not a fan of the Pretorias, they look very fragile to me, I was happy with the standard wheels.
I took their nearly new white R (leather, DSG) from the used car lot for a 10 mile spin. DTUK GTD has a lot of shove, but the R was just phenomenal. The noise was nice but seemed a little loud, like a Tiger on the back seat leaning over to growl into my ear. It had the sh!tty Bridgestones on ( :angry:), but grip was not an issue as I was prompted to floor it a few times by the salesman.
They are cheap for their nearly new GTDs, and equipment (which I don't have) does go some way to boosting used prices, so I was originally offered £19k for mine and not a mention of discount. I had checked with Burnley Lookers (they regularly supply the brokers) and they'd been willing to offer £18000 for mine in March 2015 (GFV is £16167 for an 18/24 month old GTD) as well as the Orange Wheels price for the R. I told the local dealer it was Orange Wheels price and £18500 offered by Burnley.
The dealer (I have bought the last 3 cars from him, and my dad bought one) knows the drill. He says that he'll try, with his boss but they've not given a discount on an R yet. He comes back, saying the Boss will come within £300 of the cost to change, and no further. I Say to him "what about my services, I have 2 left, can I transfer them?" He says not, they're stuck with the GTD. "in that case, lets shave £100 off that £300 in lieu of my unused services and we have a deal". Deal Done.
I am swapping a GTD for an R, with an RRP difference of £4670, for a price to change of £9200, meaning that my depreciation stands at £4530 over 18 months, or £252 a month - pretty good for a car only kept 18 months.
-
Certainly is. But to all those who are looking into chopping their GTI in for an R. This is how I understand it as simply as possible and i'm sure Monkeyhanger will correct me if i'm wrong.
Based on a PCP;
Exchanging your GTI for an R after 1 year will pretty much break even as far as equity is concerned. This means your'll hand your GTI back. Lose all the money you've paid so far on the car including your deposit and handing the car back will pay off the outstanding debt.
Exchanging your GTI for an R after 2 years and you should have a small amount of positive equity. Probably around £2,000 which you can put down on the deposit for the R.
Exchanging your GTI for an R after 3 years and you should be in a pretty good position. Your car hasn't plummeted too much in value and you should definitely be in equity and will likely have between £3-5,000 worth of Equity to put down as a deposit for the R.
As you see the longer you own the car the less of a hit your'll generally take on it. This is based on a 3 year contract with a healthy deposit to begin with. I can't imagine 4 years being that much different to 3 as far as equity is concerned as the market value should balance out and depreciation should slow down at this point.
As tempting as it is to follow suit and swap my GTI for the R early like others have it makes a lot of economical sense to hold out another couple of years until the end of my 3 year term is over and more of the car is paid off which will allow me a healthy deposit on the R400 on release.
Above depends how you see equity. If you overpay on a PCP (voluntarily paying more than the suggested monthly figure) you should end up with a healthy equity vs GFV and save some interest, paying off more capital (I have done this before, on a Scirocco). If you make normal monthly payments to end up at GFV after 36 months, you'll likely not see much more in p/x than GFV+£1500, if you get discount on the new one too. Some places don't officially discount, but give maybe £3k more than GFV as a result.
If you expect a 10% discount on the new car, I would not expect much more than GFV +£1500. If you end up with a £5k equity vs GFV on a 3 year old GTI, that'd give you around £18k for your GTI, they'll probably have it on the forecourt for £18-19k, and won't make anything from it.
Usually you are onto a loser less than 2 years, at 2 years is when monthly depreciation levels out after the huge initial hit. You are in for a much heavier hit if you've specced a lot of options. Maybe that's why for me and my vanilla GTD, i've had an acceptable depreciation hit at only 18 months chop-in.
-
Maybe the GTI is different but I found when I came to the end of my Mk6 PCP and went round various garages, when they put the details of my car in to their system, all of them more or less came back with only £1000 equity going to the new car.
Its almost as if they look and see your GFV and offer £1000 over it regardless.
One salesman said it was only really geared towards getting you a small deposit of £££ to put towards the new car but that was probably BS. Although he did only offer me £600 equity!!
The other thing you could always do is sell the car privately and anything over the GFV you make is yours to put down as a deposit.
The first thing the dealer asked me when talking p/x values was my finance details. I didn't take VW finance out, and asked "what has that got to do with what it's worth to you?". I'm pretty sure they just slap £1000-1500 on top of GFV. They (different dealership) tried this on once for an agreement i'd well overpaid on, making my GFV artificially low. I obviously corrected them. Always look at what they have on the used lot and expect 85% of the sticker price for a car just like the one you're chopping in (and still expect a decent discount) - they need to make something on your p/x, but don't let them be greedy
-
Another one bites the dust!!! Be interesting to see how you cope from a diesel to a peteol guzzler ha. Congrats though. Fancy doing same but bot even a year in myself and id be hammered. Dads best mate works for eastern western group so il badger him soon for another great deal on the r. When are you due for delievery? And did you go check out the s3?
-
MH congratats two years you say I will look to chop then I think.
-
Another one bites the dust!!! Be interesting to see how you cope from a diesel to a peteol guzzler ha. Congrats though. Fancy doing same but bot even a year in myself and id be hammered. Dads best mate works for eastern western group so il badger him soon for another great deal on the r. When are you due for delievery? And did you go check out the s3?
Yes the change of fuel will be a shock to the system after 8 diesels in a row. It will feel weird taking the car past 4000 revs and having plenty of power left. It was a good thing the demo was a DSG, really confirmed my dislike of them, assuring me to stick to manual. The DSG does have lightning-quick gear changes, but the thinking time of the box seems a bit slow at times when you put your foot down but aren't hammering it. It's funny how long a wait seems when it's out of your control - waiting for stop start on a DSG to kick in from touching the accelerator seems like an eternity, but it's only the time it takes to dip the clutch in a manual.
I had a look at the S3, but if you walk in not looking like a stockbroker, they do seem to think that maybe you can't afford an Audi - do they not realise that their good residuals make them relatively cheap? Gave the usual patter of the S3 being massively different to the R and that VWs are inferior to Audi. If VW had the bottle to tread on Audi's toes by offering class leading interiors, you'd probably only be talking an extra £1000 for softer plastics on the lower dash, brushed aluminium inserts and sportier (more Recaro looking) seats. Was offered £18k for my GTD and 4% discount. The S3's nicer interior isn't enough to get over the lack of useful equipment and IMO the Golf does look better externally with 5 doors. I do think the omission of fog lights on the R is odd though. Badge snobbery aside, the R is the better overall package for me.
I'm only a year in, but it will be 18 months by the time I get the R, I stipulated I want it on a 15 plate.
-
MH congratats two years you say I will look to chop then I think.
You might be surprised at how little extra you need to put in monthly, even at a year into ownership, looking to 18 months old by the R arrives for collection. If you are vanilla spec (like me), apart from the addition of DSG, you will not be losing a fortune on a load of options. If you have really itchy feet it might be worth getting the sums done. It can only work chopping in so early if you are getting top level of discount and an acceptable trade-in price. I'll soon be dreading the pump cost, but I think the extra enjoyment will be worth it. Hopefully the missus will be getting a car of her own in the next year, which may take the pressure off my annual mileage if my commute in the next job beyond redundancy is reasonable.
-
Sums are what I need to do but I will prob order in March ish for a sept delivery possibly. Vanilla plus leathers and keyless for me I think.
-
What is it about the R that is attractive and the moment apart from the price?
It has some extra power for gunning it up a slip road onto a motorway etc, but as its heavier and has 4WD surely its not that much more fun, unless you just like more power which always feels slow after a little while? Does it has a different suspension set up or a better rack software for feedback? Wouldn't it feel less nimble than a GTI PP on b roads? As I always find the more planted a car is the less rewarding they are, not sure, can someone explain? I looked at one but must have really missed its improvements apart from Power and obviously 4WD. I have read the 5 pages so far but most seem to only talk about the price and not what it offers over the GTI PP apart from more power.
I might look at getting one if it offers more than those 2 features.
-
What is it about the R that is attractive and the moment apart from the price?
It has some extra power for gunning it up a slip road onto a motorway etc, but as its heavier and has 4WD surely its not that much more fun, unless you just like more power which always feels slow after a little while? Does it has a different suspension set up or a better rack software for feedback? Wouldn't it feel less nimble than a GTI PP on b roads? As I always find the more planted a car is the less rewarding they are, not sure, can someone explain? I looked at one but must have really missed its improvements apart from Power and obviously 4WD. I have read the 5 pages so far but most seem to only talk about the price and not what it offers over the GTI PP apart from more power.
I might look at getting one if it offers more than those 2 features.
The extra power is immense, my DTUK enabled GTD probably has a smidge more pull than a standard PP now (3rd gear and up), and the difference between that and the R is very noticeable.
Although the R is a bit porky on the weight, so is the PP. The PP weighs 31kg more than the standard GTI and is only 10PS up, the R is 94kg more than the PP, yet has 70ps on it. If the differences between the PP and the standard GTI are neglibible, it stands to reason that only around 30ps of the R's extra 70ps is diminished by the extra weight. A 265ps Cupra is probably the closest standard comparison to an R for weight:power.
The Cupra probably is more fun. As cars get more refined they do lose their fun factor - they feel a little less dangerous when they're pushed as hard as you dare on a public road. My 170TDI Scirocco felt sportier than my GTD, it was far less refined when you flung it around. Of the 0-62 advantage that the R has over the GTI or PP, probably around half of it is directly attributed to the grip of the 4WD system rather than the extra power.
I'm still in the dark over some of the finer points the R has over the GTI. For what I know:-
It has slightly nicer seat trim materials (but does lose that Tartan GTI character), the double (UU) day running lights, darker rear lenses, different manual gearstick (yet to see it in the flesh - i've seen 4 Rs and they're all DSG), the 4WD (that everyone knows about), the door strips have a subtly different pattern than GTI/GTD, under the black gloss, but the radio/central console surround is plain black gloss, the blue ambient light bits that are red on the GTI, the dials and needles are blue, the silver bits of the steering wheel are Nickel black on the R, 5mm lower suspension (didn't feel any harsher than the GTD), Chrome mirror caps, different front embellishments and around the exhaust pipes, black brake calipers.
I didn't look too closely, but am I right to assume the R has bigger brake discs than the GTI/GTD, same size as PP or bigger? Seems daft not to, considering the extra output and the fact the PP gets bigger discs. I can't see anything documented officially in the brochure alluding to bigger discs.
Saw a nearly new Lapiz R with standard wheels in Scotswood Benfield today while me and the missus were out and about - definitely made the right decision there, I liked it more than the White on Pretorias I saw in Benfield Scotswood road (just my preference, not a criticism), and the missus loves the colour too.
-
The R has the same brake package as a PP GTI.
-
The R has the same brake package as a PP GTI.
Good to know - makes sense given the extra weight and power. Looked a little scared when I filled up the GTD at BP this morning and saw the price of ultimate petrol - ouch!
-
What are the standard cloth seats like.
-
As far as straight line performance goes my PP GTI is just as quick as an R once the traction factor is over (don't ask me how i know :whistle:). I'm running a tuning box and i'm more than happy with it.
IMO the best thing about the GTI is the nimbleness of it, I wouldn't want to loose that for the sake of the added weight of the R and the 4WD system.
J
-
What are the standard cloth seats like.
They don't have the same character as the GTI tartan, but I liked them. The lighter Alcantara bolsters and edges add a bit of colour to what is usually drab VW/Audi's sea of black (as the Tartan adds something different to the GTI and GTD). The car I test drove yesterday had grey/carbon nappa leather seats - look very nice, i'd be worried about dye transfer from jeans on a wet day though with those.
-
As far as straight line performance goes my PP GTI is just as quick as an R once the traction factor is over (don't ask me how i know :whistle:). I'm running a tuning box and i'm more than happy with it.
IMO the best thing about the GTI is the nimbleness of it, I wouldn't want to loose that for the sake of the added weight of the R and the 4WD system.
J
It's all about the traction. Same story with my DTUK GTD vs a GTI as your PP vs an R. 40-100mph the GTD will cane a Civic R type (they're always trying it on), comfortably outdo an old shape 5-pot Focus ST, and just about outdo an untouched MK7 GTI. 0-30mph, it's only slightly better than average (Bridgestones!!!). A fat mate in the passenger seat will soon ruin that nimbleness. :grin:
The financials of the R make it a good purchase. It costs £4k more than a GTI, you can see where all of that extra £4k has been spent, and you'll get that £4k back when you chop it in (vs a GTI). The R is going to feel a big step up from the GTD for me. Having the monthly costs of a GTI being around the same as an R is going to be a real dilemma for some when they're deciding between the 2.
-
What are the standard cloth seats like.
They don't have the same character as the GTI tartan, but I liked them. The lighter Alcantara bolsters and edges add a bit of colour to what is usually drab VW/Audi's sea of black (as the Tartan adds something different to the GTI and GTD). The car I test drove yesterday had grey/carbon nappa leather seats - look very nice, i'd be worried about dye transfer from jeans on a wet day though with those.
(http://i762.photobucket.com/albums/xx265/blaarp1/c144fc3747b9fe2e33e4d130e0f682be_zpscb1f067c.jpg)
(http://i762.photobucket.com/albums/xx265/blaarp1/563772ab51cdf98b240e0afc1fc804aa_zps26b2b27e.jpg)
-
Be interesting to see how you stomach the fuel consumption MH.
I initially ordered the R, but bottled it and changed to the GTI due to the stories of MPG...
Currently sitting on 2000 miles and haven't seen above 38mpg brim to brim, and my journey to work is an easy 25 miles with all 50/60 roads, in theory within the optimum MPG range. Whether I give it some beans or drive like Miss Daisy, in sport, eco or normal it doesn't seem to change. I reckon I would be getting 26/27mpg in the R so am quite pleased I changed the order. Just missing the extra horses from the M135i so will remap eventually.
-
What is the mpg on the GTI and R pottering around town. I wouldn't be changing for mpg purposes but would be nice to know. My daily commute is a 12 mile round trip.
-
Be interesting to see how you stomach the fuel consumption MH.
I initially ordered the R, but bottled it and changed to the GTI due to the stories of MPG...
Currently sitting on 2000 miles and haven't seen above 38mpg brim to brim, and my journey to work is an easy 25 miles with all 50/60 roads, in theory within the optimum MPG range. Whether I give it some beans or drive like Miss Daisy, in sport, eco or normal it doesn't seem to change. I reckon I would be getting 26/27mpg in the R so am quite pleased I changed the order. Just missing the extra horses from the M135i so will remap eventually.
It'll be a shock to the system for sure, but i'm only averaging 44mpg on the GTD anyway (and that dips to just over 40 in the winter. I have heard of the R loosening up a bit in time (the haldex needs to loosen as much as the engine, so I hear - maybe Jimble can tell us of his experiences). If I got 30mpg on the commute or around the doors without driving like a nun i'd be pretty pleased. 35mpg on a longer journey would be good. When I get my redundancy lumper, I will be saving loads on finance interest which will probably be eaten up by fuel. I pay out £120 a month on fuel right now, i'm expecting £180 (maybe £200). The 6 mile blast in the used R at Pulman yielded 26mpg, and it had a few heavy blasts. It's an experience i've never had before anyway, never had a high performance petrol before.
-
Normal motorway speeds with cruise set to 75-80 mine does around 37mpg which is pretty good imo, it does take a dive if you get a bit excited though, picking my wife up from work is about 12 miles round town and by the time i pull back on the drive the display is showing about 29-30 which has improved quite a bit in 4k miles, that is driving miss daisy though, if you have a little bit of fun it'll be late teens early 20's. ECO mode seems to make it worse and normal mode seems the happy medium but race is the most fun!!
-
Normal motorway speeds with cruise set to 75-80 mine does around 37mpg which is pretty good imo, it does take a dive if you get a bit excited though, picking my wife up from work is about 12 miles round town and by the time i pull back on the drive the display is showing about 29-30 which has improved quite a bit in 4k miles, that is driving miss daisy though, if you have a little bit of fun it'll be late teens early 20's. ECO mode seems to make it worse and normal mode seems the happy medium but race is the most fun!!
I'd be happy enough with those numbers! I had a fair bit of fun in the DTUK GTD on the way down the A1 from Newcastle to Durham. Once I passed Washington, I had a 2.0TSI (210ps) Scirocco on my tail for the next 12 miles. The road in front of me was doing 60-80mph in the fast lane, depending on whether a wagon pulled into the outside lane. When they pulled back over and the flow was able to get back from 60-80, both me and the Scirocco were flooring it to get to 80 and he was getting left behind for about 10 seconds every time - must have happened a dozen times until I came off at Durham. With the acceleration fresh in my mind I was out in the used R and the acceleration of that was far more than moderately better.
-
@monkeyhanger Good stuff, those numbers make sense as well. As long as you can cope with the higher fuel costs then you've defintely made the right choice - and I agree with you having the standard wheels, they look much better than the Pretoria's with the Lapiz Blue.
I'm assuming you went for a factory order? What sort of lead time have you been given? Any movement on the tracker for you yet?
Someone asked about the difference and why people are changing - well, I hammer my GTI PP (up to the speed limit) and when I drove an R I was blown away by the difference in performance. That, for me, was the biggest reason for changing along with the affordability given what I am all ready paying for my GTI.
Maybe we should start a thread for those who went through the pain of the original GTI/GTD first orders who are now changing to an R 12 months later - gluttons for punishment :laugh:
-
Slightly of subject but are people going for the larger 19in or keeping the standards? Iv not seen them in the flesh yet. I was tempted by the 19in but not so sure yet...?
-
@monkeyhanger Good stuff, those numbers make sense as well. As long as you can cope with the higher fuel costs then you've defintely made the right choice - and I agree with you having the standard wheels, they look much better than the Pretoria's with the Lapiz Blue.
I'm assuming you went for a factory order? What sort of lead time have you been given? Any movement on the tracker for you yet?
Someone asked about the difference and why people are changing - well, I hammer my GTI PP (up to the speed limit) and when I drove an R I was blown away by the difference in performance. That, for me, was the biggest reason for changing along with the affordability given what I am all ready paying for my GTI.
Maybe we should start a thread for those who went through the pain of the original GTI/GTD first orders who are now changing to an R 12 months later - gluttons for punishment :laugh:
Tell you something, I am so close to calling up VW just to hear the numbers involved! GTD is in mint condition, 11 months old and 15k miles. Wonder what I could achieve swapping it for a white R on 18s with leather/DSG. Pay £346 a month at moment, would pay £380 - £400 tops. Don't ask don't get I suppose. Insurance could be a bugger too
-
Slightly of subject but are people going for the larger 19in or keeping the standards? Iv not seen them in the flesh yet. I was tempted by the 19in but not so sure yet...?
Seeing both in the flesh the Pretoria's are gorgeous and i'm not usually one who bothers speccing for optional upgraded wheels but in the R I definitely would. My brother's placed an order for one and he's gone for the Pretoria's. They do look a lot better than the standard wheels in my opinion. Just not a fan of the standard wheels, look a bit basic.
(http://img.photobucket.com/albums/v154/johny0299/R19-2_zps8e8a479a.png)
-
Slightly of subject but are people going for the larger 19in or keeping the standards? Iv not seen them in the flesh yet. I was tempted by the 19in but not so sure yet...?
Seeing both in the flesh the Pretoria's are gorgeous and i'm not usually one who bothers speccing for optional upgraded wheels but in the R I definitely would. My brother's placed an order for one and he's gone for the Pretoria's. They do look a lot better than the standard wheels in my opinion. Just not a fan of the standard wheels, look a bit basic.
(http://img.photobucket.com/albums/v154/johny0299/R19-2_zps8e8a479a.png)
I would be inclined to agree with you here, but I personally think it depends on what colour you spec. I wasn't a fan at all of the 18s to begin with until I saw them on a white 3 door with black mirror caps...it looked stunning. 19s look stunning on a Red R as well as Lapiz, but yet again we all have different opinions. Pretorias here on a white car with black mirror caps...dogs b*llocks
http://o.aolcdn.com/hss/storage/adam/7c1f1c69c19f2433b5436a07e9093de0/golf-r-frankfurt-005web.jpg
-
@monkeyhanger Good stuff, those numbers make sense as well. As long as you can cope with the higher fuel costs then you've defintely made the right choice - and I agree with you having the standard wheels, they look much better than the Pretoria's with the Lapiz Blue.
I'm assuming you went for a factory order? What sort of lead time have you been given? Any movement on the tracker for you yet?
Someone asked about the difference and why people are changing - well, I hammer my GTI PP (up to the speed limit) and when I drove an R I was blown away by the difference in performance. That, for me, was the biggest reason for changing along with the affordability given what I am all ready paying for my GTI.
Maybe we should start a thread for those who went through the pain of the original GTI/GTD first orders who are now changing to an R 12 months later - gluttons for punishment :laugh:
Tell you something, I am so close to calling up VW just to hear the numbers involved! GTD is in mint condition, 11 months old and 15k miles. Wonder what I could achieve swapping it for a white R on 18s with leather/DSG. Pay £346 a month at moment, would pay £380 - £400 tops. Don't ask don't get I suppose. Insurance could be a bugger too
Do it!! I don't know how old you are, but the insurance for me is a minimal increase :cool: But I am approaching 40 :cry:
@mikeok The 19s look good, but only with certain colours. I'd recommend seeing them in the flesh on the colour you want before choosing!
-
personally i think certain wheels suit certain colours better, as does the silver wing mirror combo
i've got the 19s on lapiz blue with black lower lip and mirror caps, that said for me the 18s look better on red and night blue as the black gives them an injection of colour
wife's R on order is nigh blue more door on 18s and think the chrome bling and the 18s will suit it, on these colours i think the 19s need to be finished in anthracite like the VWR ones
-
@monkeyhanger Good stuff, those numbers make sense as well. As long as you can cope with the higher fuel costs then you've defintely made the right choice - and I agree with you having the standard wheels, they look much better than the Pretoria's with the Lapiz Blue.
I'm assuming you went for a factory order? What sort of lead time have you been given? Any movement on the tracker for you yet?
Someone asked about the difference and why people are changing - well, I hammer my GTI PP (up to the speed limit) and when I drove an R I was blown away by the difference in performance. That, for me, was the biggest reason for changing along with the affordability given what I am all ready paying for my GTI.
Maybe we should start a thread for those who went through the pain of the original GTI/GTD first orders who are now changing to an R 12 months later - gluttons for punishment :laugh:
Tell you something, I am so close to calling up VW just to hear the numbers involved! GTD is in mint condition, 11 months old and 15k miles. Wonder what I could achieve swapping it for a white R on 18s with leather/DSG. Pay £346 a month at moment, would pay £380 - £400 tops. Don't ask don't get I suppose. Insurance could be a bugger too
Do it!! I don't know how old you are, but the insurance for me is a minimal increase :cool: But I am approaching 40 :cry:
@mikeok The 19s look good, but only with certain colours. I'd recommend seeing them in the flesh on the colour you want before choosing!
Just sent details to orangewheels, specced a white R 18s, DSG and leather with a saving of £3,895 (12%). Cant remember how much outstanding on finance, need to call VW. Toe in water anyway and just to see if change would be financially viable. 29 big 30 in June. So cant imagine insurance being sky high
-
@monkeyhanger Good stuff, those numbers make sense as well. As long as you can cope with the higher fuel costs then you've defintely made the right choice - and I agree with you having the standard wheels, they look much better than the Pretoria's with the Lapiz Blue.
I'm assuming you went for a factory order? What sort of lead time have you been given? Any movement on the tracker for you yet?
Someone asked about the difference and why people are changing - well, I hammer my GTI PP (up to the speed limit) and when I drove an R I was blown away by the difference in performance. That, for me, was the biggest reason for changing along with the affordability given what I am all ready paying for my GTI.
Maybe we should start a thread for those who went through the pain of the original GTI/GTD first orders who are now changing to an R 12 months later - gluttons for punishment :laugh:
Completely agree with the 19" wheels being very colour dependent. The Cadiz look great on a Lapiz Blue, the Pretorias look better on white/red (haven’t seen any other colour/wheel combinations but have seen white with both wheels). But Damn, those Pretorias look dainty/fragile – are they up to a bashing from UK potholed roads?
I have just had the order form bounced back to me by the dealer to make sure all the details were correct – I turned up at the dealership without an appointment and overlapped into another appointment, so agreed to clarify the form details via email. I got the form yesterday and my salesman works the weekends, having Mon/Tues off, so chances are it’ll not go through to VW UK until Weds. I have stipulated that I want the car on a 15 plate, so 5 months and 1 week to March 1st probably is compatible with current build times. I see on the form my dealer shows what I have and the breakdown of price, included in there is an itemised “RTI= 0.00”, so it would seem he’s hoying in GAP insurance for nowt too, an added bonus. He has done that for my last 3 cars, but driving such a hard bargain this time I didn’t think he’d have the margins to add it.
Been doing some sums with someone else here who’s interested in an R, those optional extras are a killer! £25 a month added for every £1000 of options, on the assumption of 20% retained value on them and you keep the car the whole 36 months.
-
personally i think certain wheels suit certain colours better, as does the silver wing mirror combo
i've got the 19s on lapiz blue with black lower lip and mirror caps, that said for me the 18s look better on red and night blue as the black gives them an injection of colour
wife's R on order is nigh blue more door on 18s and think the chrome bling and the 18s will suit it, on these colours i think the 19s need to be finished in anthracite like the VWR ones
does any one have pictures of a R in Night blue.
-
Insurance is a tenner a month cheaper for the R rather than the GTD for me – perhaps they assume that more Rs will be privately owned than is the case for GTDs, and private owners will look after their cars a little better (sorry company car owners!).
Im 38, full NCD, living in a low risk area, parking on the street outside the front of the house (we have a drive, but it’s on the back of the house, with access from the street behind), 3 points on my license and Esure want £259 for the year, NCD protected. I can add my lass on as a newly qualified driver (she should be taking her test in the next 6 months) for a total premium of £400. Letting a newly qualified driver on the roads in such a beast of a car for £400, mental!
-
Just sent details to orangewheels, specced a white R 18s, DSG and leather with a saving of £3,895 (12%). Cant remember how much outstanding on finance, need to call VW. Toe in water anyway and just to see if change would be financially viable. 29 big 30 in June. So cant imagine insurance being sky high
I worked on the basis of wanting £2500 more than WBAC for my old car in part-ex/ or wanting £3k less than anticipated March 2015 used value at a VW dealer (take the now value and knock £1500 off) and getting Orangewheels price, or the equivalent cost to change in any combination the dealership see fit. You'll be some kind of hypnotist if you manage to get top p/x price and top discount on the new one.
-
Completely agree with the 19" wheels being very colour dependent. The Cadiz look great on a Lapiz Blue, the Pretorias look better on white/red (haven’t seen any other colour/wheel combinations but have seen white with both wheels). But Damn, those Pretorias look dainty/fragile – are they up to a bashing from UK potholed roads?
I have just had the order form bounced back to me by the dealer to make sure all the details were correct – I turned up at the dealership without an appointment and overlapped into another appointment, so agreed to clarify the form details via email. I got the form yesterday and my salesman works the weekends, having Mon/Tues off, so chances are it’ll not go through to VW UK until Weds. I have stipulated that I want the car on a 15 plate, so 5 months and 1 week to March 1st probably is compatible with current build times. I see on the form my dealer shows what I have and the breakdown of price, included in there is an itemised “RTI= 0.00”, so it would seem he’s hoying in GAP insurance for nowt too, an added bonus. He has done that for my last 3 cars, but driving such a hard bargain this time I didn’t think he’d have the margins to add it.
Been doing some sums with someone else here who’s interested in an R, those optional extras are a killer! £25 a month added for every £1000 of options, on the assumption of 20% retained value on them and you keep the car the whole 36 months.
I've gone for Reflex Silver, and the 19's look amazing with that colour. Originally I was going for Lapiz Blue, and IMO the Cadiz suited the colour better. I do agree that the Pretoria's look flimsy - only time will tell with those :laugh:
I think your time frame for a 1st March delivery seems more than likely. I ordered a few weeks ago and have a provisional BW of 4, which implies a 1st March delivery, and therefore the new plate. The wait will be worth it though :smiley:
I also agree, the options are the killer with respect to the monthly payments. I added DNS and the 19's and that's where the increase in my monthly payments is going. Couldn't live without Sat Nav and I prefer the 19's with my colour. My wife has the DNS Pro on her GTD, and its a lot better than the DNS - but I couldn't justfiy the extra grand - and I haven't got it now so I won't miss it. I was tempted by Keyless as she has that too, and that's good value for the money. Dynaudio is from BW45 on the R, however I have concerns about how this will delay my build as they're having to juggle around with the insides of the car to fit it in - and as much as I love the dynaudio on my GTI, I don't want to have to wait more than 6 months just to have an upgraded stereo.
-
Really! That's not bad. I like to pay insurance upfront as it works out cheaper.
Hope to hear back soon re the quote, however I am sure I could get better than a 12% saving with Dads mate. If they take the car as PX and its a PCP deal with no equity in it, I presume I will still need to put down some cash as a minor deposit?
-
Just sent details to orangewheels, specced a white R 18s, DSG and leather with a saving of £3,895 (12%). Cant remember how much outstanding on finance, need to call VW. Toe in water anyway and just to see if change would be financially viable. 29 big 30 in June. So cant imagine insurance being sky high
I worked on the basis of wanting £2500 more than WBAC for my old car in part-ex/ or wanting £3k less than anticipated March 2015 used value at a VW dealer (take the now value and knock £1500 off) and getting Orangewheels price, or the equivalent cost to change in any combination the dealership see fit. You'll be some kind of hypnotist if you manage to get top p/x price and top discount on the new one.
Lol id prefer top PX price than top discount. I just need to see what happens with the call if/when it happens. ultimately I just want to see what figues I could get as a px and what figures I would be looking at per month for the R. If it attractive il seriously consider it and if not il hold back a further 6 months
-
Really! That's not bad. I like to pay insurance upfront as it works out cheaper.
Hope to hear back soon re the quote, however I am sure I could get better than a 12% saving with Dads mate. If they take the car as PX and its a PCP deal with no equity in it, I presume I will still need to put down some cash as a minor deposit?
After the lease debacle of low monthly rentals with zero deposit by some suspect VW dealers (allegedly), they will defintely ask you for a deposit. I only put a grand down, I think you could get away with £500.
-
Really! That's not bad. I like to pay insurance up front as it works out cheaper.
Hope to hear back soon re the quote, however I am sure I could get better than a 12% saving with Dads mate. If they take the car as PX and its a PCP deal with no equity in it, I presume I will still need to put down some cash as a minor deposit?
Vw Solutions love customers with little or no deposit, it means that they make more interest out of you. The lack of options and overpayment on mine have really helped the switch decision, i'll be swapping a GTD I owed £6k less than RRP on day 1 to an R with £9k less than RRP on day 1.
-
Really! That's not bad. I like to pay insurance up front as it works out cheaper.
Hope to hear back soon re the quote, however I am sure I could get better than a 12% saving with Dads mate. If they take the car as PX and its a PCP deal with no equity in it, I presume I will still need to put down some cash as a minor deposit?
Vw Solutions love customers with little or no deposit, it means that they make more interest out of you. The lack of options and overpayment on mine have really helped the switch decision, i'll be swapping a GTD I owed £6k less than RRP on day 1 to an R with £9k less than RRP on day 1.
Yeh, cant argue with those numbers!!! I will chat with them when they call and just put cards on the table and see what they have to say. Would love a test drive but could be stuck between a rock and a hard place after. I would commit to 3 years with an R but should have only committed to 2 on the GTD
-
personally i think certain wheels suit certain colours better, as does the silver wing mirror combo
i've got the 19s on lapiz blue with black lower lip and mirror caps, that said for me the 18s look better on red and night blue as the black gives them an injection of colour
wife's R on order is nigh blue more door on 18s and think the chrome bling and the 18s will suit it, on these colours i think the 19s need to be finished in anthracite like the VWR ones
does any one have pictures of a R in Night blue.
There was a night blue R behing me a few weeks ago. I must say it looked very nice and classy, not a colour I would have initially considered but having seen it I would be tempted.
-
VirginVWMan: Aye it's a crazy situation to be in, £22k owed on day 1 for a car that will supposedly be worth a minimum of £18600 after 3 years (GFV). I could do solutions for £211 a month and £117 of that would be interest!
-
personally i think certain wheels suit certain colours better, as does the silver wing mirror combo
i've got the 19s on lapiz blue with black lower lip and mirror caps, that said for me the 18s look better on red and night blue as the black gives them an injection of colour
wife's R on order is nigh blue more door on 18s and think the chrome bling and the 18s will suit it, on these colours i think the 19s need to be finished in anthracite like the VWR ones
does any one have pictures of a R in Night blue.
There was a night blue R behing me a few weeks ago. I must say it looked very nice and classy, not a colour I would have initially considered but having seen it I would be tempted.
these are the images that sold night blue to the wife, she was a diamond black pearl fan but not on the R, she went to look at a NB GTI, nicely understated is just want she wanted
http://rforum.co.uk/viewtopic.php?f=77&t=6304&sid=a47e0c5a2729dba72b23149e21821204
-
I can't believe what a domino effect this thread is having on GTD/GTI users chopping in very early for an R. How many of us done or doing it over the space of a weekend?
-
my wife nearly bought herself a GTI last year, she again considered this when our loan R arrived, i let her use the loaner and for her was a no brainer as she keeps her cars for 5-6 years
who would have thought the biggest threat to the GTI was its more expensive brother
-
my wife nearly bought herself a GTI last year, she again considered this when our loan R arrived, i let her use the loaner and for her was a no brainer as she keeps her cars for 5-6 years
who would have thought the biggest threat to the GTI was its more expensive brother
I do think the GTI will be ok. For us fanatics, we will be looking to change. The casual shopper of cars probably hasn't heard of the R and will probably go into a dealership looking for a GTI.
-
Just looking at how much the Golf GTI PP I bought compares to the R I would want now on drivethedeal.com. I specced pure white, 19" alloys, performance pack, DSG, Dynaudio and that comes out now at £26,758 on the road. An R with DSG, 19" alloys, pure white is coming out at £28,406, only £1,648 more. Sounds crazy but its a no brainer really now if deciding between a GTI and R with options.
-
Yeah im of the same mind the stds just look a bit dull and I think the 19s will fill the arches more.
-
Orange wheels rang me...didn't realise the deal they have is with vw Chester. Hmmmm should be okay I suppose if the deal is attractive enough. They should be calling in a day
-
Im at my dealers tomorrow to get the numbers. Have had a few cars from them niw and they have always looked after me and matched any discount iv found. They are desperate for near new GTI also..
Taking an R away for the whole day also...should be fun..
-
Orangewheels use VW Chester,that's good it's not too far from me.Thanks for that info.
-
Just trawled this thread from start to finish to see the effect it has had on us - here's the roll-call:-
Moggy started it with his purchase, followed by Matchboy, then gjf then me, with 3 very interested maybes in mikeok, misterp and Virginvwman. 4 definite Rs and 3 more strong maybes. Not forgetting those who've had one a while!
-
Vw Solutions love customers with little or no deposit, it means that they make more interest out of you. The lack of options and overpayment on mine have really helped the switch decision,.....
Overpayment? I looked into this before, granted 4 years ago and could only make 1 one off payment. I take it they have changed this? As this would be interesting.
Although now I think about it, it would just give the salesman an excuse to offer less on the trade in once he sees the outstanding finance figures!!
-
Vw Solutions love customers with little or no deposit, it means that they make more interest out of you. The lack of options and overpayment on mine have really helped the switch decision,.....
Overpayment? I looked into this before, granted 4 years ago and could only make 1 one off payment. I take it they have changed this? As this would be interesting.
Although now I think about it, it would just give the salesman an excuse to offer less on the trade in once he sees the outstanding finance figures!!
I make overpayments every month. You can choose to reduce the balloon or the monthly payment. No charge and you can do it as often as you like as far as I'm aware. All part of consumer credit laws for some time now.
-
Just trawled this thread from start to finish to see the effect it has had on us - here's the roll-call:-
Moggy started it with his purchase, followed by Matchboy, then gjf then me, with 3 very interested maybes in mikeok, misterp and Virginvwman. 4 definite Rs and 3 more strong maybes. Not forgetting those who've had one a while!
Gluttons for punishment :grin:
-
I made my monthly payment larger, making the GFV artificially low, on my Scirocco. I was used to paying £400 a month for my 2 MK5 Golfs, and chose to do the same for my Scirocco, paying £410 a month instead of around £320 a month the finance required of me with a normal GFV figure. I saved interest and had a larger equity on my next car. The only risk in doing this is when lazy dealers just offer you a smidge over your GFV for part ex rather than giving you a properly thought out figure, taking into account what they'll be selling it at on the used lot. If you're going to overpay and artificially reduce your GFV figure, you need to know what the normalised figure is. I aim for 85% of sticker price in p/x value, or 85% of what it's likely to be in 6 months if you have a long wait for the next one. Aim for any more than that and usually what you are getting extra eats into the discount they're prepared to stomach. I got 85% of what I thought they'd have the car up for next March + Orangewheels price of the R.
-
Just trawled this thread from start to finish to see the effect it has had on us - here's the roll-call:-
Moggy started it with his purchase, followed by Matchboy, then gjf then me, with 3 very interested maybes in mikeok, misterp and Virginvwman. 4 definite Rs and 3 more strong maybes. Not forgetting those who've had one a while!
VW have kind of killed the GTI with the R. I love my GTI but if I was to reorder today it'd almost be daft not to choose the R. This swapping must be happening world wide and not just on the forum. It will be interesting to see what VW do if they see a sudden mass increase in R sales and loss of GTI sales. The R already has about a 6 month waiting list, bet they've sold a load more than expected!
-
There are some here resisting the push to R, same few who seriously put down the GTD are now doing the same with the R. It's thirstier, a bit heavier, but quicker, more powerful and should be totally planted in all conditions. It does peeve a little when something a bit better comes through (like when the 170TDI Scirocco was announced 2 weeks before my 140 got delivered :angry:) They're all good cars, I can see why someone would want to stick with the GTD over R and GTI for fuel costs and taxation (if they're company car drivers), but at £450 a year more in fuel costs for R over GTI (10k miles a year, inc RON98 costing more and anticipated 5mpg fuel penalty) and higher purchase price being offset by an extra £5k on the GFV, there doesn't make much sense not to pick an R over a GTI apart from slightly more aggressive front end looks and a love of tartan.
The GTI will always be the most instantly recogniseable to the general public though.
-
I'd love to be able to switch but the amount of miles I do would make me cry with filling it up. The R would be my car of choice though.
I'll give your DTUK box a loving home though mate if you come to sell it - don't think you'll be needing it on the R ;-)
-
I'd love to be able to switch but the amount of miles I do would make me cry with filling it up. The R would be my car of choice though.
I'll give your DTUK box a loving home though mate if you come to sell it - don't think you'll be needing it on the R ;-)
If you haven't got a box of your own by March next year then it can be yours if my Dad doesn't take up first refusal (not sure whether he's keen). Maybe I should take it off sooner so I appreciate the R even more! :grin:
-
I'd love to be able to switch but the amount of miles I do would make me cry with filling it up. The R would be my car of choice though.
I'll give your DTUK box a loving home though mate if you come to sell it - don't think you'll be needing it on the R ;-)
How many miles do you do a year? I do 15-16k tops, and think having a diesel is rather pointless unless your 20 something surely.
** on a side note...still to hear from VW Chester (orangewheels) re a quote to px GTD for an R
-
How many miles do you do a year? I do 15-16k tops, and think having a diesel is rather pointless unless your 20 something surely.
That old argument harks back to the days when diesels were far less popular and as a result the car manufacturers used to charge £2k more for a diesel than the equivalent petrol unit, and residuals weren’t really any better for the diesel.
Nowadays, comparing GTI to GTD, we have a GTD that costs £400 less and will be worth (according to GFV) about £1500 more than a GTI at 3 years old when you trade in.
Before you’ve even put any fuel in you’re £1900 up on the GTI (no judgement on driving pleasure etc, just financials), then the average 10k a year driver will be saving £400 a year on fuelling the GTD. I wouldn’t recommend one as a 5k a year “potter to the shops and back” for reasons of DPF clogging, but even doing 10k miles a year, having a GTD makes financial sense.
The financial sense has obviously gone right out of the window for me ordering my R! :grin:
-
How many miles do you do a year? I do 15-16k tops, and think having a diesel is rather pointless unless your 20 something surely.
That old argument harks back to the days when diesels were far less popular and as a result the car manufacturers used to charge £2k more for a diesel than the equivalent petrol unit, and residuals weren’t really any better for the diesel.
Nowadays, comparing GTI to GTD, we have a GTD that costs £400 less and will be worth (according to GFV) about £1500 more than a GTI at 3 years old when you trade in.
Before you’ve even put any fuel in you’re £1900 up on the GTI (no judgement on driving pleasure etc, just financials), then the average 10k a year driver will be saving £400 a year on fuelling the GTD. I wouldn’t recommend one as a 5k a year “potter to the shops and back” for reasons of DPF clogging, but even doing 10k miles a year, having a GTD makes financial sense.
The financial sense has obviously gone right out of the window for me ordering my R! :grin:
http://www.fuel-economy.co.uk/calc.html
Used this link comparing costs of my annual mileage to what it could potentially be from my 45mpg at moment to a "best" case scenario of 35mog in an R. Difference over a month works out at an extra £40 in the tank, less that what I was expecting. I know as you say its a old as hell convo but I just wanted to see if it really was going to hammer me a month on fuel as it appears it wont on my numbers
-
From my position it just doesn't make sense financially for me to trade up to an R at this moment. The GTI cost me roughly £28,000 and is probably worth perhaps £20k - £21k (I don't know I'm just guessing). I still have approximately £7,000 of outstanding finance on the car. A discounted R would probably cost me close to £30k considering the options i would want. Just too much to lose after only 14 months ownership.
In addition, the release of the R was definitely a doh!! moment for me when VW announced the prices, i couldn't quite believe it was so closely priced to the GTI. I don't want to make the same mistake twice if they release the R400 and it's not anywhere as much as i am anticipating.
-
Did you add in the actual price per litre changes for that comparison? Don’t forget the R is running on 98RON.
For me on 10k miles a year, I deduced that my GTD 44mpg average (which seems quite normal on the forum) is 66% of the published combined figures, and so on that basis I would expect 26.4mpg from a “40mpg” R, or 31.0mpg from a “47mpg” GTI.
I took fuel prices to be 127p/L for RON 95 (GTI), 130p/L for diesel and 135p/L for RON98 (R).
£1323 for the GTD, £1876 for the GTI and £2321 for the R, doing 10k miles at the above prices.
The petrols do seem to be a little closer to the truth in their actual mpg vs published combined than the diesels are for most of us here. Maybe ss GTDers push our cars harder than the average GTI/R owner needs to (I think this is probably true of me). For that reason, I expect the average mpg for the GTI and R to be at 35mpg and 29mpg respectively (from mpg discussions here, biggest running in improvements reported with the R), making 10k miles fuel costs:-
£1323 for the GTD (unchanged), £1662 for the GTI and £2132 for the R.
For the average among us then, an R is going to cost £67 a month more than a GTD and £39 a month more than a GTI in fuel.
-
Don't know the cost of 98RON so went with the standard price. lol seems a bit more like it at 67 quid more per month ha
Spoke with VW solutions, outstanding settlement fig of £17,985 with a year old GTD at 15k miles. Be keen to see what it would be worth, so looks like could have some equity only a year in after a measly deposit to begin with. As some GTDs on VW are going for 23,500 similar to mine. Well aware they have been marked up and not what I could look to achieve if I sold private
-
From my position it just doesn't make sense financially for me to trade up to an R at this moment. The GTI cost me roughly £28,000 and is probably worth perhaps £20k - £21k (I don't know I'm just guessing). I still have approximately £7,000 of outstanding finance on the car. A discounted R would probably cost me close to £30k considering the options i would want. Just too much to lose after only 14 months ownership.
In addition, the release of the R was definitely a doh!! moment for me when VW announced the prices, i couldn't quite believe it was so closely priced to the GTI. I don't want to make the same mistake twice if they release the R400 and it's not anywhere as much as i am anticipating.
What could they add to the R400 that the R doesn't already have to bump up the price? It deserves Recaros or similar, add £2k over current seats, 19" wheels as standard - add a grand, bigger brakes and beefier clutch, add another £800, engine and turbo upgrades, add £2k. I think we could be talking £36k all done on the 3 door manual (if there is a manual).
For most changing to an R early, the biggest killer is loss on options, after the heavy year 1 drop in value on the basic car, most people on Solutions have a monthly payment that clears enough capital to clear the depreciation in the same period. A£350pm GTD is paying £100 interest and £250 capital against £250.a month ddepreciation. Whether it be 18 months or 3 years in, their equity in the car is likely to be about the same on a fair p/x price.
-
Don't know the cost of 98RON so went with the standard price. lol seems a bit more like it at 67 quid more per month ha
Spoke with VW solutions, outstanding settlement fig of £17,985 with a year old GTD at 15k miles. Be keen to see what it would be worth, so looks like could have some equity only a year in after a measly deposit to begin with. As some GTDs on VW are going for 23,500 similar to mine. Well aware they have been marked up and not what I could look to achieve if I sold private
That'll be your lack of options (if your banner is complete), they can double your losses on a car in the short term. Those are "right now" figs you're quoting, expect sticker price of yours in March to be £22500, and to owe £16500.on it then. If you expect Orangewheels prices for the R you'll probably be able to get £19k in p/x. £2500 equity and £3600 discount off a basic R, you'll be needing to find or finance £23900 for a basic 3 door R on those terms, and GFV is £5k more than a GTI or £4k more than a GTD, so that R will cost you £5900 depreciation +£5k ish interest over 3 years - about £305 a month. A 5 door is pennies more as the GFV goes up to cover almost all it's cost, and metallic paint. will add about £17 a month.
-
From my position it just doesn't make sense financially for me to trade up to an R at this moment. The GTI cost me roughly £28,000 and is probably worth perhaps £20k - £21k (I don't know I'm just guessing). I still have approximately £7,000 of outstanding finance on the car. A discounted R would probably cost me close to £30k considering the options i would want. Just too much to lose after only 14 months ownership.
In addition, the release of the R was definitely a doh!! moment for me when VW announced the prices, i couldn't quite believe it was so closely priced to the GTI. I don't want to make the same mistake twice if they release the R400 and it's not anywhere as much as i am anticipating.
Is that what you're holding out for Craig? It does look a beast tbf, but I'm still not sure about that yellow stripe at the front! Not tempted by the TTS/TTRS or the M235i? I do like the look of the new TTS, especially in yellow (funny, given I don't like the yellow stripe on the R400!) but as I've got a little 'un I still need a "family" car, and those rear seats in the coupe don't look exactly roomy! Also, as much as the R400 would be insane on the road, for me 300bhp is enough :grin:
-
Don't know the cost of 98RON so went with the standard price. lol seems a bit more like it at 67 quid more per month ha
Spoke with VW solutions, outstanding settlement fig of £17,985 with a year old GTD at 15k miles. Be keen to see what it would be worth, so looks like could have some equity only a year in after a measly deposit to begin with. As some GTDs on VW are going for 23,500 similar to mine. Well aware they have been marked up and not what I could look to achieve if I sold private
That'll be your lack of options (if your banner is complete), they can double your losses on a car in the short term. Those are "right now" figs you're quoting, expect sticker price of yours in March to be £22500, and to owe £16500.on it then. If you expect Orangewheels prices for the R you'll probably be able to get £19k in p/x. £2500 equity and £3600 discount off a basic R, you'll be needing to find or finance £23900 for a basic 3 door R on those terms, and GFV is £5k more than a GTI or £4k more than a GTD, so that R will cost you £5900 depreciation +£5k ish interest over 3 years - about £305 a month. A 5 door is pennies more as the GFV goes up to cover almost all it's cost, and metallic paint. will add about £17 a month.
Yeh GTD is basic spec, didn't feel I really needed anything else. I am still waiting for a call from VW Chester so I can advise them off settlement figures, speak about a PX figure and he equity in the car as a deposit so I know how much a month I would be. As if it comes back at over 420 I think il hold off another year.
-
Also, as much as the R400 would be insane on the road, for me 300bhp is enough :grin:
. You say that now......
I agree, but 2 years ago I'd have thought 300ps was insane. If the R400 comes in with a GFV of £22k and is only £36k, it'll only be about £64 a month more than an R on solutions! :shocked:
-
VirginVWMan
If they come in much over £340 a month for 3 or 5 door basic with metallic paint and your expected equity then they're giving you a low p/x price, worse than I can achieve locally. Obviously that £340pm goes up quite a bit if you dip into the options heavily.
-
From my position it just doesn't make sense financially for me to trade up to an R at this moment. The GTI cost me roughly £28,000 and is probably worth perhaps £20k - £21k (I don't know I'm just guessing). I still have approximately £7,000 of outstanding finance on the car. A discounted R would probably cost me close to £30k considering the options i would want. Just too much to lose after only 14 months ownership.
In addition, the release of the R was definitely a doh!! moment for me when VW announced the prices, i couldn't quite believe it was so closely priced to the GTI. I don't want to make the same mistake twice if they release the R400 and it's not anywhere as much as i am anticipating.
Is that what you're holding out for Craig? It does look a beast tbf, but I'm still not sure about that yellow stripe at the front! Not tempted by the TTS/TTRS or the M235i? I do like the look of the new TTS, especially in yellow (funny, given I don't like the yellow stripe on the R400!) but as I've got a little 'un I still need a "family" car, and those rear seats in the coupe don't look exactly roomy! Also, as much as the R400 would be insane on the road, for me 300bhp is enough :grin:
It all depends on price really Mark. If it's way north of £35k then it will be out of my budget. If its round that figure then it will be extremely tempting. Could be a nice 40th birthday present in a couple of years :grin: :grin:The TTS is starting at £39k which is just way too much and in fact i've read many reviews suggesting that it's not as good as the R, God knows how much the TTRS would be :shocked: :shocked:
As Matt says, 300bhp a few years ago would have seemed a crazy amount in a small hatchback and tbf it is still a a crazy number but you now have the RS3 and A45 AMG pushing out close to 350. These cars are getting more and more powerful
-
VirginVWMan
If they come in much over £340 a month for 3 or 5 door basic with metallic paint and your expected equity then they're giving you a low p/x price, worse than I can achieve locally. Obviously that £340pm goes up quite a bit if you dip into the options heavily.
Lol orangewheels wtf!!!! They offered me as a px anywhere between 16-18 which is just f*cking ridiculous considering I bought this brand new when the rrp was like 26k and my settlement is 17,500. So ive lost like 10k in a year?! He said he could wipe the slate clean my buying car off me for the outstanding settlement cost but id have to shove down 4000 for a 360 a month (white r with leather). Il speak to lad at VW Edinburgh as I think this is a p*ss take
-
i found the R with 300bhp a little boring, now its around the 360 mark its getting interesting :)
R400 will be a more driver focused car and no doubt with a limited supply so will always be desirable over a longer term
-
Lol orangewheels wtf!!!! They offered me as a px anywhere between 16-18 which is just f*cking ridiculous considering I bought this brand new when the rrp was like 16k and my settlement is 17,500. So ive lost like 10k in a year?! He said he could wipe the slate clean my buying car off me for the outstanding settlement cost but id have to shove down 4000 for a 360 a month (white r with leather). Il speak to lad at VW Edinburgh as I think this is a p*ss take
That is a piss take. They should never be offering less than GFV for the time on a p/x, although the 18 month GFV figure on solutions is a joke. Its the same figure at 18 months and 24 months. Take the 24 month figure and up it by £1500, that comes out at £17200, wow, still low - the 5 doors are £500 more. Current GFV figures have softened by about £500 since I got my GTD. To be on equal terms with my locally arranged deal you'd have to be getting £18000 for yours. Did you pay full RRP for your GTD? I didn't initially get a great deal, but my extra 2.5 month wait at a fixed p/x price really helped my equity. Between that and my actual discount, it was like £2600 off RRP. They would have your car up on the used lot for £22k in March, willing to accept £21k, they should do at least £18k and Orangewheels discount. Privately you might get £20k if you can find someone willing to drop that kind of money without finance (difficult).
-
Lol orangewheels wtf!!!! They offered me as a px anywhere between 16-18 which is just f*cking ridiculous considering I bought this brand new when the rrp was like 16k and my settlement is 17,500. So ive lost like 10k in a year?! He said he could wipe the slate clean my buying car off me for the outstanding settlement cost but id have to shove down 4000 for a 360 a month (white r with leather). Il speak to lad at VW Edinburgh as I think this is a p*ss take
That is a piss take. They should never be offering less than GFV for the time on a p/x, although the 18 month GFV figure on solutions is a joke. Its the same figure at 18 months and 24 months. Take the 24 month figure and up it by £1500, that comes out at £17200, wow, still low - the 5 doors are £500 more. Current GFV figures have softened by about £500 since I got my GTD. To be on equal terms with my locally arranged deal you'd have to be getting £18000 for yours. Did you pay full RRP for your GTD? I didn't initially get a great deal, but my extra 2.5 month wait at a fixed p/x price really helped my equity. Between that and my actual discount, it was like £2600 off RRP. They would have your car up on the used lot for £22k in March, willing to accept £21k, they should do at least £18k and Orangewheels discount. Privately you might get £20k if you can find someone willing to drop that kind of money without finance (difficult).
They said they could offer me what I have outstanding, but I then went on to glasses guide and said if I was looking to sell privately I could achieve "20,870 and from and as a trade in £18,900. I got the car for like £23,500 with a year of ownership and 2k down. I would really have no deposit, maybe a grand but I would have been hoping to have some equity in it...clearly not. Doesn't seem the R is a go yet anyway. Unless I get the 4k saving from bargaining hard to use as the deposit from getting 4k over my settlement figure and pay full rrp (so win win for everyone) and its only them 390 a month
-
Lol orangewheels wtf!!!! They offered me as a px anywhere between 16-18 which is just f*cking ridiculous considering I bought this brand new when the rrp was like 16k and my settlement is 17,500. So ive lost like 10k in a year?! He said he could wipe the slate clean my buying car off me for the outstanding settlement cost but id have to shove down 4000 for a 360 a month (white r with leather). Il speak to lad at VW Edinburgh as I think this is a p*ss take
That is a piss take. They should never be offering less than GFV for the time on a p/x, although the 18 month GFV figure on solutions is a joke. Its the same figure at 18 months and 24 months. Take the 24 month figure and up it by £1500, that comes out at £17200, wow, still low - the 5 doors are £500 more. Current GFV figures have softened by about £500 since I got my GTD. To be on equal terms with my locally arranged deal you'd have to be getting £18000 for yours. Did you pay full RRP for your GTD? I didn't initially get a great deal, but my extra 2.5 month wait at a fixed p/x price really helped my equity. Between that and my actual discount, it was like £2600 off RRP. They would have your car up on the used lot for £22k in March, willing to accept £21k, they should do at least £18k and Orangewheels discount. Privately you might get £20k if you can find someone willing to drop that kind of money without finance (difficult).
They said they could offer me what I have outstanding, but I then went on to glasses guide and said if I was looking to sell privately I could achieve "20,870 and from and as a trade in £18,900. I got the car for like £23,500 with a year of ownership and 2k down. I would really have no deposit, maybe a grand but I would have been hoping to have some equity in it...clearly not. Doesn't seem the R is a go yet anyway. Unless I get the 4k saving from bargaining hard to use as the deposit from getting 4k over my settlement figure and pay full rrp (so win win for everyone) and its only them 390 a month
Hi virginVWman,
I plumbed your car into CAP and it give a trade in value range of £17,150-£18,300. CAP are generally considered to be more reliable than Parkers etc, I think the trade use them.
Personally I'd say that's about right, the big depreciation hit is always in the first year. Even on cars that hold value well, I.e. the GTD, it probably breaks down very roughly to 30-33% lost in the first year then only a further 15-20% over the the remaining two years.
PS
That didn't include metallic paint, that must be worth at least a grand :grin:
-
VirginVWman: If you've rang VW for a settlement, don't forget, that's a now settlement, you'll have probably shaved another £1500 capital off your settlement fee by March if you were ordering now for then. In March then, you'll owe about £16000, so £18000 p/x achieved is £2k equity (you could achieve that with my dealer no doubt, as I got £18500 for mine being 5 door). Add in your £3817 Orangewheels discount (I added in the discount for your leather and white paint) on 3 door manual, white with leather @£31875, and you should be at the equivalent of £5817 down as deposit, financing the other £26058 @ £358pm according to the solutions example following configuring your spec on the website (GFV=£18044, but that takes no account of your leather - expect £300 back on that).
You don't (usually) get a great deal both ends - a realistically low p/x for a heavy discount on the new one, or almost sticker price on the used lot for your p/x and nothing off the new one. Most dealers are happy to fall somewhere in between, giving you £2k less than used sticker price and maybe £1000/1500 discount on the new one so you feel you did alright both ends. If you stood your ground for £18k part ex and full Orangewheels discount, that's probably realistically achievable. Chester VW are looking to buy your p/x blind, on the assumption it's close to mint (and will still be in March), they should be persuaded to give you £18k to seal the deal, knowing full well they'll have it up for £22k then.
-
Hi virginVWman,
I plumbed your car into CAP and it give a trade in value range of £17,150-£18,300. CAP are generally considered to be more reliable than Parkers etc, I think the trade use them.
Personally I'd say that's about right, the big depreciation hit is always in the first year. Even on cars that hold value well, I.e. the GTD, it probably breaks down very roughly to 30-33% lost in the first year then only a further 15-20% over the the remaining two years.
Yep, i'd roughly concur with the above, CAP part ex and full broker discount is a reasonable cost to change - be realistic with the p/x and enjoy a healthy discount or expect a whopping p/x and little discount.
For a GTD holding 55% RRP over 3 years, Buy at 10% discount if you can, it'll be worth 75% after a year (the dealer always wants to make 15% on a p/x unless an undiscounted new car purchase is subsiding the transaction), 65% after 2 years, 55% after 3 years.
-
God dam it..I have just had a R with dsg for the whole day while my GTI was being serviced...took it on some fast A and B rds and well...thats one hell of a machine...Race mode is bonkers..I did not expect it to be so much different from my GTI pp but it is..
Any way 3/4 tank and a few hrs later im back and talking money..makes no sense to get it str8 away if any available but next yr when my cars 1 yr in march it does...so iv ordered a 5dr dsg with 19", nav, dcc.oh and its resale Blue..got 3.5k off list so happy works out about 10% discount. March delivery
-
God dam it..I have just had a R with dsg for the whole day while my GTI was being serviced...took it on some fast A and B rds and well...thats one hell of a machine...Race mode is bonkers..I did not expect it to be so much different from my GTI pp but it is..
Any way 3/4 tank and a few hrs later im back and talking money..makes no sense to get it str8 away if any available but next yr when my cars 1 yr in march it does...so iv ordered a 5dr dsg with 19", nav, dcc.oh and its resale Blue..got 3.5k off list so happy works out about 10% discount. March delivery
How the hell did you manage to get the VW dealer to lend you an R for a day!
-
There a good dealer and iv had a few cars off them so they tend look after me. They even got a dsg sent from another dealer in there network as I prefered a dsg.. Huntingdon vw can recommend them.
-
Any way 3/4 tank and a few hrs later im back.
See any cameras on the way? 3/4 of a tank in a few hours - you definitely had fun! :evil:
Congrats on the order! :smiley:
-
Lol no I didnt..thank god..but was on the look out..it would of been rude to hand it back with out the fuel light on..
-
Might be a good fuel saver in the future Mikeok - take an extended test drive in an R after rolling up in the Missus' lesser car, park it round the corner for a few hours, siphon off 2/3 of their tank into your own R and hand it back. :grin: £50 saved. I got about 10 mins/7 miles in the R with the salesman sitting next to me. He gave me 2 hours on my own in the demo GTD when they got it in, but didn't seem to trust leaving me with the R. He wasn't a fanny in the car though, he was urging me to put my foot down a lot!
-
Good thinking m.h...will speak to vw tomorrow (Gorgie Rd) and see what they say to that. But with 2k equity and the 4k effectively from O.W with 6k deposit could be a goer. Going to have to act quick seems like there wont be any Rs left ha
-
My oh my how this topic has moved on. I need to get mine valued and see what's on offer. I will call around a few places and see what can be done. No rush but that will probably change if I end up driving one.
-
Yes dont drive 1...look what happened to me lol
-
I could just imagine how the conversation will unravel with the Mrs... So you know the car went in for a service...well they returned the wrong car to me and told me keep it and lo and behold we now have a golf R :whistle:
-
Thats actually better than what I had planned...thanks
-
Looks like I made the right choice swapping then especially as I haven't test drove one yet!! :laugh:
Like you MH I was going to buy the manual with an expected delivery in March, but the dealer told me they had a DSG cancelation in the colour and spec I wanted. The extra cost was £550, a great saving I thought with the added bonus the car comes in October.
I was thinking of starting a new thread called 'anyone changed their mind' - I'm guessing there are quite a few so if you want an R quicker it may just be worth asking the dealer.
-
TheMoggy:
Which dealer was that with (Pulman/Benfield/Lookers down Teesside)? Demo or new? Good result for you there. Is this your first DSG? Better be sure you like them, take a test drive in something with a DSG (GTI, GTD) to be sure if you haven’t already.
I didn't even try Benfield this time, Silverlink are always tightarses with me on p/x and discount, sometimes Scotswood road can be ok (I have a mate who works there in new sales, although it seems he has no real influence in getting an exceptional deal for me). It is usually Pulman Sunderland for me, but I went with Durham this time as my usual no-nonsense salesman from Sunderland had transferred to Durham. He knows I’ll know what my car is worth realistically and what discount I’m after – he tries it on once and then I put him straight with what I’m after and he verifies with his boss. His initial gambit was £11k price to change before I got him down to £9k. March is soon enough for me, my calcs were based on really upping my equity between now and then (I’m paying £410 a month off the car, only need to do about £260 to cover the depreciation and what little interest my Dad is charging me). I’m also due a sizeable sum for redundancy next June, so was counting on taking out finance for a couple of months (to get the service pack cheap and not to pester my Dad for more money, pay him off, pay 3 months payments + 2 months penalty interest and settle in full in June). I’d be paying about £800 more interest to get one now rather than March.
-
MH:
I'm buying from JCT600 in Bradford. The car is brand new (only built a fortnight ago) and currently has an order status of 'In Transit'. I bought the GTi through JCT600 via Carwow...again the GTi was a cancelation but that time I got the PP thrown in practically for nothing. Like you I'm not big on options so taking a cancelation (as long as the colour is right) with options is a bonus and on the last 2 occasions (PP, Sat Nav, Park Assist on the GTi and DSG, Rear View Camera on the R) I don't believe I will lose out as I paid a very discounted rate for them.
Like the R, I never test drove the GTi...I like surprises and I haven't been disappointed yet!!! :grin:
Never used Pullman but I have had experience of Benfield at the Silverlink and it wasn't good...just took the GTi for it's one year service there. The day after I picked it up the Oil light came on...I needed to put in over a litre of oil (3 fills) before the oil was properly filled up!!! When their customer service rep rang to ask about the service I gave them a piece of my mind :angry: I gave them a 4 out 10 for 'would I recommend'...unless I get a courtesy liter bottle of oil I won't be using them again.
-
4 out of 10 was generous
-
@Craig Yeah, I'm the same as you - max £35k was my budget, which puts the TTS out of my price range. If the R400 was around that then I'd be tempted, but I'm guessing it will be £40k odd - which is ridiculous. But then so will be the speed :grin:
@virginVWman - this is the same b0llocks they gave me - originally they said (and this is more than one dealer) that my part ex figure wouldn't cover my settlement figure (at least £2k shy), and also that if I only put a grand down I'd be paying £650 a month - I laughed my head off at both. One of them actually wanted me to accept £2k less for my car, and put £3.5k down and pay £150 more a month - I walked out :grin:
Keep persisting - I got my settlement figure covered and got the monthly payments right down from that laughable figure to within £50 of what I'm paying at the moment (acceptable in my mind given it's a far more expensive car), with only a grand deposit down, due to a discount on the R. Given I'd only put a grand down on my GTI I'm happy to lose that within (what will be) 18 months, and happy to put a grand down for the R.
It's all down to persistance - and given we've all got the nuts of a car at the moment we can all afford to walk away from a joker dealer and try a different one - there will be one out there that will give you the right deal - at the end of the day a sale is a sale, and offer the right deal and it's an easy sale.
-
Matchboy: Couldn't agree more, I mean there may be the odd muppet who would agree with what they've offered but gulliable or stupid comes to mind. I rang orangewheels back and literally said give me 18k as a px figure, the £3800 discount added to my settlement figure meaning il have the equivalent of a £5000 equity as a deposit to make on the R, he said he was going to call me back after speaking to his boss. Id prefer to deal with Edinburgh but the lads not back till Thu.
Need to test drive one though. May need to call and organise this rather than rocking up on a Saturday
-
Matchboy: Couldn't agree more, I mean there may be the odd muppet who would agree with what they've offered but gulliable or stupid comes to mind. I rang orangewheels back and literally said give me 18k as a px figure, the £3800 discount added to my settlement figure meaning il have the equivalent of a £5000 equity as a deposit to make on the R, he said he was going to call me back after speaking to his boss. Id prefer to deal with Edinburgh but the lads not back till Thu.
Need to test drive one though. May need to call and organise this rather than rocking up on a Saturday
Yes, I don't know who would accept those kinds of figures but I certainly wouldn't! The dealer I'm actually buying from had an unregistered R, in silver, with a few extras on it, that they'd just taken delivery of as a demo - and I enquired about that first. The finance chap there was happy to do me a discount on a factory order, but he wouldn't appy any discount to that particular car - his reason being is that he expects someone to walk in off the street and pay full whack for that R. It was £38k. Unless you're stupid you wouldn't pay anywhere near that for it. But he was adamant that he would sell it with zero discount, and wouldn't budge even though I would have bought that car at the time there and then (just to save time waiting for a factory order). A big little part of me hopes its still there collecting dust :laugh:
Yes, have a drive - but you won't be disappointed. It's immense. And as long as you can get past the fact that it's going to cost a few more quid at the petrol station/car tax, it really is a no brainer given the price of the GTI at the moment in comparison.
-
Just got a quote for insurance also, Mum as a driver (only to cheapen the deal, shed never drive it for obvious reasons) but £268.00 with esure with excesses of £400.00?! My god that's cheap. I pay more than that at the moment for the GTD
-
Moggy, I’ve only gone and bought via a broker once – a 140TDI GT MK5 Golf from Lookers in Burnley. Every other time I’ve gone and managed to play the local dealership groups into getting within £100 of cost to change via the broker (saving the petrol money spent and the potential hassle of dealing with a place many miles away, just in case you see some damage that should have been picked up at PDI etc). Silverlink is awful in my experience for buying, Scotswood road less so, but had bad experiences post sales with both. You’ve done well with that R, getting DSG for £500 and rear view camera isn’t a dear option anyway to have to stomach buying it to get an R 5 months earlier than VW would have built you one for. Sounds like they didn’t try and screw you on the p/x either (I suppose them getting a buyer for a cancelled order meant they didn’t want to try and mess you about.
-
MH: In fairness to JCT600 they did say try and sell it privately but in all honesty I didn't want the tyre kickers knocking at my door wanting a test drive (that is what Benfield and Pullman are there for :laugh:) and in the end they gave me a great P/X
I bought from Carwow for the GTi but then direct for the R. JCT600 customer service was great and any problem I had or accessory I needed (e.g. iPhone5 cable) they were on it like a bonnet!!!
-
Matchboy: Couldn't agree more, I mean there may be the odd muppet who would agree with what they've offered but gulliable or stupid comes to mind. I rang orangewheels back and literally said give me 18k as a px figure, the £3800 discount added to my settlement figure meaning il have the equivalent of a £5000 equity as a deposit to make on the R, he said he was going to call me back after speaking to his boss. Id prefer to deal with Edinburgh but the lads not back till Thu.
Need to test drive one though. May need to call and organise this rather than rocking up on a Saturday
I’m sure they’ll fold to those terms (£18k p/x) on the assumption yours is well looked after (and will be to March). Get those tyres rotated so you don’t have to buy any fronts before March.
Get that test drive booked locally, you won’t be disappointed. Maybe if you get it done sharpish you can get your local to match the potential Orangewheels price to change (or even beat it), depending how much allocation for R they’ve got currently unused. I would go in to Edinburgh saying Orangewheels are giving you £18.3k for yours and the discounted price. Ask if they can do same cost to change. If they umm and ahh, say “lets do £18k on the p/x, you throw in the £199 service pack (it’s back with solutions) and I’ll forget about the other £100 I would’ve spent on fuel getting to and from Chester”.
-
Matchboy: Couldn't agree more, I mean there may be the odd muppet who would agree with what they've offered but gulliable or stupid comes to mind. I rang orangewheels back and literally said give me 18k as a px figure, the £3800 discount added to my settlement figure meaning il have the equivalent of a £5000 equity as a deposit to make on the R, he said he was going to call me back after speaking to his boss. Id prefer to deal with Edinburgh but the lads not back till Thu.
Need to test drive one though. May need to call and organise this rather than rocking up on a Saturday
I’m sure they’ll fold to those terms (£18k p/x) on the assumption yours is well looked after (and will be to March). Get those tyres rotated so you don’t have to buy any fronts before March.
Get that test drive booked locally, you won’t be disappointed. Maybe if you get it done sharpish you can get your local to match the potential Orangewheels price to change (or even beat it), depending how much allocation for R they’ve got currently unused. I would go in to Edinburgh saying Orangewheels are giving you £18.3k for yours and the discounted price. Ask if they can do same cost to change. If they umm and ahh, say “lets do £18k on the p/x, you throw in the £199 service pack (it’s back with solutions) and I’ll forget about the other £100 I would’ve spent on fuel getting to and from Chester”.
You just fancy doing the negotion for me lol. Id much prefer to give a local dealer the business than treck down to Chester.
-
TheMoggy:
That’s the problem with driving such an expensive car.
You have a car that’ll be up for £22-23k in March on the forecourt, you get offered £18k (fair) p/x, but you could potentially advertise it for £20k for it privately because you’ve got to be appreciably cheaper than the garage to stop people just going to the garage, and then they might want to knock £500-1000 off what you are asking. Not many people have £20k cash to drop on a nearly new car, most will be relying on finance and even if they were to get a personal loan instead to buy yours, most personal loans top out at £15k, and they’ll also have a p/x to get shot of.
Then you have the tyre kickers and wondering if someone will buy it close to the time the new one is coming so you’re not without a car for weeks between getting shot of the old one and picking up the new one. There’s a lot to be said for convenience, even if it does end up costing a grand. A fair p/x will get me every time unless I have a mate that’s said “I’ll buy your car from you when you’re done with it”.
It's no bother at all selling a £5k car privately, but a £20k car is a b'stard.
-
Sounds like I'm in a similar postion to the above though I'm one year into a 5 year hire purchase on my 63 reg 5dr manual GTI PP with under 11k miles.
Dealer is offering a 20k part exchange which would drop to about 19400 in January. Do you think that's pretty fair or could I shop around a bit? I'm not sure how much I could squeeze from a private sale for the reasons mentioned above?
On another note - with the R can anyone comment on how worthwhile DSG is over a manual? Every GTI/R video I see these days is a DSG with the characteristic gear change burp - but does the noise change otherwise? Always seems way louder than what it does inside my manual when revving up!
-
Looks like there will be a few dtuk boxes going cheap soon :whistle:. Congrats on the new orders, very nice motors indeed. A friends boss has a black one that looks awesome(when clean :grin:) and goes like sh1t off a shovel. You guys definitely have itchy feet syndrome. I don't change my underpants as much as you change your cars :grin:
-
Sounds like I'm in a similar postion to the above though I'm one year into a 5 year hire purchase on my 63 reg 5dr manual GTI PP with under 11k miles.
Dealer is offering a 20k part exchange which would drop to about 19400 in January. Do you think that's pretty fair or could I shop around a bit? I'm not sure how much I could squeeze from a private sale for the reasons mentioned above?
On another note - with the R can anyone comment on how worthwhile DSG is over a manual? Every GTI/R video I see these days is a DSG with the characteristic gear change burp - but does the noise change otherwise? Always seems way louder than what it does inside my manual when revving up!
I think £19400 for a GTI PP in Jan is a very fair p/x price IF you can get close to the Orangewheels price discount on the new one and assuming you have no other options apart from your PP (which you would lose an arm and a leg on). On a 5 year contract with minimal amount of capital coming off your balance on a month-to-month basis early on in the agreement, i'm guessing they've offered what they're offering to clear your slate (unless a sizeable deposit got put down). Reasons for private sale being a complete ball-ache are also given above, and you're being offered more for yours than some here, which makes it very fair IMO. I doubt you'd achieve more than £20500 privately and would have the tyre kickers and hard work to contend with if you do. You can always be cheeky and ask for more, they can only say no. Usually though, better p/x comes at the expense of a smaller discount. If you want it in Jan that could work though, it's an unpopular month for picking up a car - just after Xmas and most would wait for the new plate, hard time for car sales people to meet targets.
From my limited time on a test drive, the R sounded very loud compared to my GTD (soundaktor output and true engine output).
-
Looks like there will be a few dtuk boxes going cheap soon :whistle:. Congrats on the new orders, very nice motors indeed. A friends boss has a black one that looks awesome(when clean :grin:) and goes like sh1t off a shovel. You guys definitely have itchy feet syndrome. I don't change my underpants as much as you change your cars :grin:
Aye, seems far more GTDers are wanting to switch than GTIers. The DTUK box can put you on par with a GTI PP for acceleration once you're above 30mph and still get you 45mpg, it makes a huge difference to the car.
For some GTIers that also get a box or remap, the biggest draw for them to move to an R rather than stick with a box is the 4WD system. Having amazing traction and grip will be a novelty for me, I thought my traction would improve with rotating my wheels (to minimise wear across 4 tyres for trade-in time), but 3mm or 7mm on the Bridgestones makes no odds, they're sh!te at either end of their lifetime! :grin:
GTDers with Bridgestones have the most to gain by moving to an R (and the most fuel money to lose!).
-
Has anyone tried wbac or similar to see what they offer in comparison to the trade in price offered?
I've heard conflicting stories of them.
-
Sounds like I'm in a similar postion to the above though I'm one year into a 5 year hire purchase on my 63 reg 5dr manual GTI PP with under 11k miles.
Dealer is offering a 20k part exchange which would drop to about 19400 in January. Do you think that's pretty fair or could I shop around a bit? I'm not sure how much I could squeeze from a private sale for the reasons mentioned above?
On another note - with the R can anyone comment on how worthwhile DSG is over a manual? Every GTI/R video I see these days is a DSG with the characteristic gear change burp - but does the noise change otherwise? Always seems way louder than what it does inside my manual when revving up!
I think £19400 for a GTI PP in Jan is a very fair p/x price IF you can get close to the Orangewheels price discount on the new one and assuming you have no other options apart from your PP (which you would lose an arm and a leg on). On a 5 year contract with minimal amount of capital coming off your balance on a month-to-month basis early on in the agreement, i'm guessing they've offered what they're offering to clear your slate (unless a sizeable deposit got put down). Reasons for private sale being a complete ball-ache are also given above, and you're being offered more for yours than some here, which makes it very fair IMO. I doubt you'd achieve more than £20500 privately and would have the tyre kickers and hard work to contend with if you do. You can always be cheeky and ask for more, they can only say no. Usually though, better p/x comes at the expense of a smaller discount. If you want it in Jan that could work though, it's an unpopular month for picking up a car - just after Xmas and most would wait for the new plate, hard time for car sales people to meet targets.
From my limited time on a test drive, the R sounded very loud compared to my GTD (soundaktor output and true engine output).
Thats one of the things im actually really looking forward to if the R comes off, the sound!!!!! Why i fancy the DSG to hear the noise of the quick shift...epic sound Wont get this in the manual but at least you can drive a manual than be driven about by the car if that makes sense. VW Edinburgh calling me back toorrow re getting a R up from GTI world. Asked for a DSG so i can discount it if i dont like it. Best to barter face to face to iron out a deal hate doing it over the phne. Takes ages for them to get back to you after "speaking to there manager" etc
-
Has anyone tried wbac or similar to see what they offer in comparison to the trade in price offered?
I've heard conflicting stories of them.
I did an online quote with "wewillbuyyourcar.com" who are supposed to be a little more generous than wbac, it came out at £16450. To be expected, their cars will probably end up at non VW franchised car supermarkets for £2/3k less than the dealerships, but they still want to make money on it and the car supermarket to do so also.
-
We buy any car quote...11k for my GTD ha...yeh let me take you up on that :grin::
-
We buy any car quote...11k for my GTD ha...yeh let me take you up on that :grin::
They want first refusal on your kidneys too.
-
Wow as good as that?
The last time I had checked them on 2 different cars they were actually offering slightly over than what the garage offered as a trade in.
-
We buy any car quote...11k for my GTD ha...yeh let me take you up on that :grin::
They want first refusal on your kidneys too.
Well if the R goes ahead (phone call today and popping in to garage on Sat) then theyl have to prize my kidneys from being embedded in the steering wheel in potentially 6 months if its stupid quick ha
-
Wow as good as that?
The last time I had checked them on 2 different cars they were actually offering slightly over than what the garage offered as a trade in.
Sarcasm much ha. Yeh, joke! I could sell it 20k privately, but as MH said, who has 20k in cash these days, and if you did, youd buy from a garage and get a service plan etc. Really? Surprised by that, I thought they were a bunch of fly by the night characters
-
I don't think I could buy a car for £20k off an individual however having said that, the very same car would probably be at least £23k off a garage with the exact same manufacturers warranty so there are savings to be had.
-
This is the email I have just received from my local dealership.
Good Morning ,
I just wanted to get in touch following your email last week regarding the potential upgrade of your VW Golf GTD into a new VW Golf GTI / R.
The reason for my email is that we have 19 more cars to sell to be registered this month for us to hit our target with VW UK, and as such we are offering the next 19 customers the opportunity to purchase their next vehicle from us at COST PRICE!!!
If you were still interested in upgrading your current car, it will never be cheaper than now to do it!
When would be best for you to pop in to come and see me to get something sorted for you?
-
This is the email I have just received from my local dealership.
Good Morning ,
I just wanted to get in touch following your email last week regarding the potential upgrade of your VW Golf GTD into a new VW Golf GTI / R.
The reason for my email is that we have 19 more cars to sell to be registered this month for us to hit our target with VW UK, and as such we are offering the next 19 customers the opportunity to purchase their next vehicle from us at COST PRICE!!!
If you were still interested in upgrading your current car, it will never be cheaper than now to do it!
When would be best for you to pop in to come and see me to get something sorted for you?
What dealership is this and what R's do they have?
-
Salesmen will tell you anything remember :laugh:
What you want to do is find out what the Cost price is then hit them with it.
Dealers that sell through Orange Wheels and Drive The Deal are still making a profit plus giving the brokers a fee so the Cost price must be lower than that.
It will be interesting to see what they say to you.
-
Wow, not bad at all! If I could trek down to Birmingham I would, but some mileage that.
Orangwheels have been sh*te so far. Promises of calling me back etc to find out lads of today
-
Wow, not bad at all! If I could trek down to Birmingham I would, but some mileage that.
Orangwheels have been sh*te so far. Promises of calling me back etc to find out lads of today
I'm no where near Birmingham either, but if they have pre-registered cars you don't need to see it - you can buy it over the phone and they can deliver it :wink:
-
Its usually just in England they can do this in.
When I bought the GTD from Gillingham they offered to meet me at Carlisle. I asked if it would be on a transporter but was told it would be driven up!!
Eh no thanks.
I made a couple of days out of it and the train journey down made it all the more exciting.
-
If I go through orangewheels id just drive down to Chester or I could meet them half way and take it off the transporter for them to load my GTD afterword's. If all goes well id never let some chump drive the R up, be ragged to death. Carlisle would be easy enough
-
If I go through orangewheels id just drive down to Chester or I could meet them half way and take it off the transporter for them to load my GTD afterword's. If all goes well id never let some chump drive the R up, be ragged to death. Carlisle would be easy enough
Oh yeah totally! I would never let one of those monkeys drive my new car! I meant get it delivered on a transport!
-
Salesmen will tell you anything remember :laugh:
What you want to do is find out what the Cost price is then hit them with it.
Dealers that sell through Orange Wheels and Drive The Deal are still making a profit plus giving the brokers a fee so the Cost price must be lower than that.
It will be interesting to see what they say to you.
thats the million dollar question. how can you find out cost price.
Matchboy, he has said that th GTD's GTI and Rs are flying out the window so i need to turn there to ascertain what they have.
-
thats the million dollar question. how can you find out cost price.
Matchboy, he has said that th GTD's GTI and Rs are flying out the window so i need to turn there to ascertain what they have.
Ok cool, well get on with it then :laugh: :grin:
-
Salesmen will tell you anything remember :laugh:
What you want to do is find out what the Cost price is then hit them with it.
Dealers that sell through Orange Wheels and Drive The Deal are still making a profit plus giving the brokers a fee so the Cost price must be lower than that.
It will be interesting to see what they say to you.
thats the million dollar question. how can you find out cost price.
There's a few ways they could interpret "cost price". My dealer broke down all the profits when we were on the last car (maybe he left a few factors out, but it all seems plausible what he told me).
The basic margin in a VW is just 5%. Then they add around 8% for customer satisfaction survey scores and another 9% for volume bonuses. They can get compensation fromVW also for delayed builds, when a goodwill gesture needs to be given, or they committed to a p/x price that’s diminished their margin on the used car due to a 3+ month delay after scheduled build week.
So you might have them just offering 5% off RRP and calling it cost, or if they’re on top marks for customer satisfaction and volume and give you consideration into that you’d get 22% off (never going to happen!). Keep an eye on the cost to change for whatever they offer. If they can’t match the cost of change equivalent of a fair p/x price (CAP) and 12% Orangewheels discount then you can probably do better. If you get 20% off your R, it’ll probably correspond with a £16k part-ex value. They will be doing this event to maintain their top tier volume discount status.
Rereading the text with the "cost" offer, it reads to me like they might have 19 cars already in stock and unregistered that they want to get sold "at cost". If there isn't an R or a GTI amongst them then i'm not sure if an order placed on a non-stock car would qualify. Or it could read that they need to register 19 new orders with VW UK by the end of the month. Check them out.
-
"Hi all, following on from my last thread in the 6 forum went to the dealer and this is the deal they've offered me
and im chuffed, mk7r in red, alacantara interior,manual, upgraded sat nav, dcc, tax until april 2015, 3 years free servicing, free supaguard treatment inside and out and some fuel chucked in, 4k for mine as deposit for 308 a month on a 4 yr pcp with a gfv of 14,748"
Lad on R forum uploaded this, fair enough 4 year contract, but £308.00...not bad at all! Waiting to hear back from VW, but after a configuration of white, leather and manual with 5k deposit still coming up at 420 per month which I don't get. Getting impatient now want this sorted
-
"Hi all, following on from my last thread in the 6 forum went to the dealer and this is the deal they've offered me
and im chuffed, mk7r in red, alacantara interior,manual, upgraded sat nav, dcc, tax until april 2015, 3 years free servicing, free supaguard treatment inside and out and some fuel chucked in, 4k for mine as deposit for 308 a month on a 4 yr pcp with a gfv of 14,748"
Lad on R forum uploaded this, fair enough 4 year contract, but £308.00...not bad at all! Waiting to hear back from VW, but after a configuration of white, leather and manual with 5k deposit still coming up at 420 per month which I don't get. Getting impatient now want this sorted
There's pennies between 3 years and 4 years, there's about a pound a month in it. In that last year depreciation will eat up all the capital being paid in his payments.
Really don’t get how you’re at £420 a month with 3dr (5dr is about the same as better residuals on 5dr cover cost), manual, leather (normal, not the nappa?), white and £5k down is coming in at £378pm over 3 years/10k miles per year on the finance calculator. Unless you are speccing nappa? That leather is costing you about £55 a month for the standard stuff or £84 a month for the nappa.
-
"Hi all, following on from my last thread in the 6 forum went to the dealer and this is the deal they've offered me
and im chuffed, mk7r in red, alacantara interior,manual, upgraded sat nav, dcc, tax until april 2015, 3 years free servicing, free supaguard treatment inside and out and some fuel chucked in, 4k for mine as deposit for 308 a month on a 4 yr pcp with a gfv of 14,748"
Lad on R forum uploaded this, fair enough 4 year contract, but £308.00...not bad at all! Waiting to hear back from VW, but after a configuration of white, leather and manual with 5k deposit still coming up at 420 per month which I don't get. Getting impatient now want this sorted
There's pennies between 3 years and 4 years, there's about a pound a month in it. In that last year depreciation will eat up all the capital being paid in his payments.
Really don’t get how you’re at £420 a month with 3dr (5dr is about the same as better residuals on 5dr cover cost), manual, leather (normal, not the nappa?), white and £5k down is coming in at £378pm over 3 years/10k miles per year on the finance calculator. Unless you are speccing nappa? That leather is costing you about £55 a month for the standard stuff or £84 a month for the nappa.
Just off the phone with Stirling VW, here as follows:
My car valued at 18k meaning £1200 equity there abouts
Jan deliver for white 3 door manual with leather
7.5% discount
15k miles a year
29k loan finance
Per month £478.00
No deal! Upfront and said not a chance, £400 tops and id be looking for £18,300 as per orangewheels (monkeyhanger ha) and close to 12%. Hear his voice strain a tad ha so hes away to think about it and call me back. Now to play that best offer of with Gorgie VW
-
Hah! Funny to hear you are dealing with Stirling - that's my local dealer too.
Will be interesting to see how you get on. I'm currently in e-mail discussion with a salesperson about the R too, and sounds like theyre offering a similar discount.
-
Hah! Funny to hear you are dealing with Stirling - that's my local dealer too.
Will be interesting to see how you get on. I'm currently in e-mail discussion with a salesperson about the R too, and sounds like theyre offering a similar discount.
Good luck...cos they wont do jack for you!! That's the best deal they could give me. Guy was like yeh fed up of hearing about orangewheels ha. For putting down like 4-5k and still at 480 a month not a chance. Fed up of trying to deal with dealers over the phone. Never call you back or when they do they take like 6 hours to do so. Let me know what you get offered pal if that's okay or if they budge
Can someone also tell me if I am being unreasonable or difficult here as im starting to getting seriously p*ssed off. Promised phone calls that don't happen, leaving messages etc. How often do you have to pester someone, do these guys want a sale or not. Ive rang VW Gorgie 3 times today and there always with someone or away from their desk. Orangewheels twice similar situation. Feel like just going in or e-mailing them :angry: :angry: :angry: :angry:
-
Virginvwman: Don't underestimate how busy these salespeople are, the phone was ringing off the hook when I popped in to see my salesman and do the deal on the R - and he didn't answer the phone while he was talking to me. Try ringing during the week and avoid lunchtime and evening for your best chance to get through at a time that they've got time to talk to you.
Maybe they've met all their targets that they have to and are reluctant to give a great deal away? Maybe they've got a glut of GTDs and GTIs coming through around your expected delivery (if they were to place an order). Who knows, but it's pretty common knowledge that Scottish dealerships (especially up in Aberdeen) aren't famed for their great deals - it's usually north-west England (and some home counties dealerships) that do the best deals - VW Chester (you know about), Lookers Burnley used to (and may still do) supply UKNEWCARS - the salesman in fleet (the broker deals came through fleet) told me to come back directly next time, to save him paying the broker their finders fee. They're doing 11% discount, so they'd be around £350 out from Orangewheels prices. Always worth a shop around. Just looked up Burnley, it closed and transferred all trade to Blackburn branch. Can't remember the salesman's name unfortunately.
-
Virginvwman: Don't underestimate how busy these salespeople are, the phone was ringing off the hook when I popped in to see my salesman and do the deal on the R - and he didn't answer the phone while he was talking to me. Try ringing during the week and avoid lunchtime and evening for your best chance to get through at a time that they've got time to talk to you.
Maybe they've met all their targets that they have to and are reluctant to give a great deal away? Maybe they've got a glut of GTDs and GTIs coming through around your expected delivery (if they were to place an order). Who knows, but it's pretty common knowledge that Scottish dealerships (especially up in Aberdeen) aren't famed for their great deals - it's usually north-west England (and some home counties dealerships) that do the best deals - VW Chester (you know about), Lookers Burnley used to (and may still do) supply UKNEWCARS - the salesman in fleet (the broker deals came through fleet) told me to come back directly next time, to save him paying the broker their finders fee. They're doing 11% discount, so they'd be around £350 out from Orangewheels prices. Always worth a shop around. Just looked up Burnley, it closed and transferred all trade to Blackburn branch. Can't remember the salesman's name unfortunately.
Yeh, cheers. Emailed chap at VW Chester and hope hel get back to me tomorrow. Will hopefully hear back from Edinburgh tonight, if not il just pop on on Saturday. He was to get back to me re a test drive. Il try Blackburn and see what they say
Working on 4800 deposit I couldn't believe the difference in price from speccing Vienna to not at all, its like an extra 45 quid, from 380 odd to 427.
Just spoken to a Dan Potts at Lookers Blackburn, hes getting back to me tomorrow via email. Cheers MH
-
Yep, the leather is pricey, and retains about £300 when you move on to the next car (all my dealer said he would offer when I was contemplating leather on my last car, he talked me out of it) - a lot of money lost, as is the case with all options (and why I avoid them).
Keep working on those dealers, you'll get there!
-
Currently waiting to be seen will update shortly.
-
Email from one of four potential garages...
Hi Fraser, Thanks for getting back to me. I've priced up the Golf R with just the white paint and at cost price +£1 which is the offer we're running on all new cars until the end of September (this also includes 3 years servicing for £199 with the PCP agreement which means there's one less thing to worry about and is spread across your monthly payments) and it works out as follows:- Price of the car - £28,065.25 (usually £30,349 including white paint and servicing at £199)Part exchange for January - £18,000Estimated settlement - £17,255.96Your £1000 deposit then means a full deposit of £1,744.0436 months15,000 miles Gives you- 35 monthly payments of £404.181 final payment of £16,396.20 I hope this helps with your enquiry.
Think I could do better
-
Currently waiting to be seen will update shortly.
Keen to see how you get on
-
Email from one of four potential garages...
Hi Fraser, Thanks for getting back to me. I've priced up the Golf R with just the white paint and at cost price +£1 which is the offer we're running on all new cars until the end of September (this also includes 3 years servicing for £199 with the PCP agreement which means there's one less thing to worry about and is spread across your monthly payments) and it works out as follows:- Price of the car - £28,065.25 (usually £30,349 including white paint and servicing at £199) Part exchange for January - £18,000Estimated settlement - £17,255.96Your £1000 deposit then means a full deposit of £1,744.0436 months15,000 miles Gives you- 35 monthly payments of £404.181 final payment of £16,396.20 I hope this helps with your enquiry.
Think I could do better
Thats a 7.5% discount they're offering. Part ex is pretty fair, their final payment of £16396 must be based on your mileage, as standard 10k miles per year on a basic 3dr manual is almost dot on £18k. The additional mileage (15k miles more than average total over 3 years) and the difference in GFV for 10k miles PA and 15k miles PA amounts to 10.69p per mile. excess mileage is charged at 6p per mile + VAT (7.2p per mile).
Declare 10k miles per year and if you do 45k miles total instead of 30k miles they expect, your excess mileage charge will be £524 less than you're losing in your GFV. Declare 10k miles and you will shave about £51 a month off your finance, but be needing a grand to hand back - more likely it'll just eat up your expected £1k equity vs GFV towards your next one. Put £28 a month away to cover the excess mileage charge if you feel you must, to be paying £51 a month less - net monthly gain of £24 a month or £864 over 3 years.
You're getting there, all you need now is to stick with the p/x and squeeze another 4.5% discount. 7.5% discount is not cost, it'll exclude most of their volume and satisfaction margins.
-
So all the R's are gone. They had 3 left and the last one was sold this morning.
They have a TR GTI DSG big screen Nav leather and 19s for a smidge over 29 works out to about 11% off.
-
So all the R's are gone. They had 3 left and the last one was sold this morning.
They have a TR GTI DSG big screen Nav leather and 19s for a smidge over 29 works out to about 11% off.
The papers I saw said 7.5 % basic cost discount. I.e. On the vanilla car. The options are not discounted for them when they purchase.
-
Yeh but 7.5 instead of 12 is a hell of a difference. If these guys want a sale theyl surely come and go
Waiting to hear back from VW Edinburgh, VW Chester and VW Blackburn. Quote above i would expect to be the most expensive for a "vanilla" spec. Looked through options and nothing takes my fancy other than leather and maybe a pan roof or keyless. Will add keyless o vanilla spec as thatl make c*ck all difference to my monthly outgoing, but would love leather or sacrifice it for pano roof. Why i need to get in and see and test drive one of these bad boys.
-
The guy I saw was very honest re extras etc. O saw the vw order sheet for the dealership. And it says the discount given to them is 7.5% they get is on base price not the car price plus extras. He also tried to explain how the orange wheels and drive the deal works and how dealerships make their money. Just some good insight really. But like MH has said either they give you a mahoosive discount and a good rate on the PX or alternatively a good discount and a not so good PX. I was only going to do a deal if the sums added up. I'm happy to wait until later on in the year to do it.
-
^ price to change is the real number you need to take note of, a great discount and a sh!te p/x is no good to anyone. 12% and a fair p/x (CAP figure) is achievable locally if they want your business (or maybe my salesman really is that nice!). For anyone wanting to swap a vanilla GTD on a 63 plate for a vanilla 15 plate R, they should be looking to a £9k cost to change. Be realistic with your options,expect them to enhance the vanilla p/x price by 20% of cost and expect same discount on extras as the car achieves via broker deals - theres lots of margin in those extras. I don't consider my deal to be unbeatable (but close to the cusp) look a bit further afield if you get no joy locally.
I wouldn't get too hung up on leather, you can get a decent 3 piece sofa for the price VW wants for leather and there are custom auto leather places that can do you a bespoke re-upholstering in whatever leather colour combination you want for less than £1200 (less than the depreciation you'll experience on the official leather option).
-
Yeh but 7.5 instead of 12 is a hell of a difference. If these guys want a sale theyl surely come and go
Waiting to hear back from VW Edinburgh, VW Chester and VW Blackburn. Quote above i would expect to be the most expensive for a "vanilla" spec. Looked through options and nothing takes my fancy other than leather and maybe a pan roof or keyless. Will add keyless o vanilla spec as thatl make c*ck all difference to my monthly outgoing, but would love leather or sacrifice it for pano roof. Why i need to get in and see and test drive one of these bad boys.
Speak direct to Dean at Gti World(Western Newcraighall)
-
Yeh but 7.5 instead of 12 is a hell of a difference. If these guys want a sale theyl surely come and go
Waiting to hear back from VW Edinburgh, VW Chester and VW Blackburn. Quote above i would expect to be the most expensive for a "vanilla" spec. Looked through options and nothing takes my fancy other than leather and maybe a pan roof or keyless. Will add keyless o vanilla spec as thatl make c*ck all difference to my monthly outgoing, but would love leather or sacrifice it for pano roof. Why i need to get in and see and test drive one of these bad boys.
Speak direct to Dean at Gti World(Western Newcraighall)
Just rang them, Dean Goodfellow I believe. Hes not in till tomorrow. Il pop in, as ive emailed and rang this Mark at Gorgie and not a thing. Far from good service as far as im concerned. Also sent Helen a message at Benfield
-
Yeh but 7.5 instead of 12 is a hell of a difference. If these guys want a sale theyl surely come and go
Waiting to hear back from VW Edinburgh, VW Chester and VW Blackburn. Quote above i would expect to be the most expensive for a "vanilla" spec. Looked through options and nothing takes my fancy other than leather and maybe a pan roof or keyless. Will add keyless o vanilla spec as thatl make c*ck all difference to my monthly outgoing, but would love leather or sacrifice it for pano roof. Why i need to get in and see and test drive one of these bad boys.
Speak direct to Dean at Gti World(Western Newcraighall)
Just rang them, Dean Goodfellow I believe. Hes not in till tomorrow. Il pop in, as ive emailed and rang this Mark at Gorgie and not a thing. Far from good service as far as im concerned. Also sent Helen a message at Benfield
That's him, He runs the GTi World good guy who will do the best he can to work something out.
-
For a laugh I did a carwow quote, my local Benfield has been first to submit a price.....£1500 saving on a 5 door R with metallic paint. :huh:
-
"Hi all, following on from my last thread in the 6 forum went to the dealer and this is the deal they've offered me
and im chuffed, mk7r in red, alacantara interior,manual, upgraded sat nav, dcc, tax until april 2015, 3 years free servicing, free supaguard treatment inside and out and some fuel chucked in, 4k for mine as deposit for 308 a month on a 4 yr pcp with a gfv of 14,748"
Lad on R forum uploaded this, fair enough 4 year contract, but £308.00...not bad at all! Waiting to hear back from VW, but after a configuration of white, leather and manual with 5k deposit still coming up at 420 per month which I don't get. Getting impatient now want this sorted
There's pennies between 3 years and 4 years, there's about a pound a month in it. In that last year depreciation will eat up all the capital being paid in his payments.
Really don’t get how you’re at £420 a month with 3dr (5dr is about the same as better residuals on 5dr cover cost), manual, leather (normal, not the nappa?), white and £5k down is coming in at £378pm over 3 years/10k miles per year on the finance calculator. Unless you are speccing nappa? That leather is costing you about £55 a month for the standard stuff or £84 a month for the nappa.
That lad on the r forum is me lol. The only reason I took 4 years is because I have another loan running and wanted the payments as low as possible. As a px in 4 years I reckon I could get a good trade in 18/19k maybe and that would still leave me with 4 k deposit if I got 18, even if it's a bit less and I have to stump up 1/2k to boost the deposit then so be it. Cars cost money, they don't make it usually lol. I can still trade it in around the 3 year mark. My other loan has 2 years to run so after that's paid off il just pay the extra on the r and save myself some money in the long run hopefully.
-
I got 3.5k off my R that I ordered with 5dr dcc, dsg, nav,19in alloys.
used car wow to get my local dealer to match.
-
Class2ldn: I think your px expectations of a 4 year old model are way too high there. You're looking to get what will be upper sticker prices on the used forecourt at a franchised VW dealer, there'll be a few in the independents for less than that by then.. £19k is what you're likely to get in p/x for a 3 year old model if GFV doesn't soften in the meantime on the Rs. Take it to 4 years and max px you should realistically expect will be £15.5k
you will be around the same monthly figs going 3 years as 4, the 4th year payments will be pretty much swallowed by 4th year depreciation.
-
Well how much do you think they would put it on the forecourt for? Only reason I say is because the place I got this one from had a 10 plate with 38000 miles up for 20950k. I reckon mine will have done about 30k in that period and surely they can't be expecting to make about 4/5k on top, they guy who traded that in done it for a new r. 1/2 k on top yes but not 4/5.
My gfv is 14,748 so even if I got 17 for it I'd have over 2k. Like is said if I have to chuck a grand or so into the next deal then so be it.
Will query today about the 3 years and see what it calculates at. I'm still getting a new car for 300 a month so cant argue really
Also won't the gfv on a 3 year deal go up so depending on the depreciation of the car the difference may not be that much, I don't see a 4 year old car suddenly be worth a lot less then when it was 3 years old.
-
Well how much do you think they would put it on the forecourt for? Only reason I say is because the place I got this one from had a 10 plate with 38000 miles up for 20k. I reckon mine will have done about 30k in that period and surely they can't be expecting to make about 4/5k on top, they guy who traded that in done it for a new r. 1/2 k on top yes but not 4/5.
My gfv is 14,748 so even if I got 17 for it I'd have over 2k. Like is said if I have to chuck a grand or so into the next deal then so be it.
Will query today about the 3 years and see what it calculates at. I'm still getting a new car for 300 a month so cant argue really
Also won't the gfv on a 3 year deal go up so depending on the depreciation of the car the difference may not be that much, I don't see a 4 year old car suddenly be worth a lot less then when it was 3 years old.
If you expect to get £3500 off the list of an R then they will offer you CAP value for your trade-in, which means that if you have an 18 month old GTI/GTD at point of change (as a few of us here changing do have), what you will be given (£18-19k) will be £4k less than the forecourt sticker price.
They'll be wanting to make a solid £4k between the 2 cars, if they're only making £1k on a heavily discounted R, they'll be wanting to make £3k on the p/x. An £18.5k p/x 5DR 63 plate GTD is looking at £24k forecourt price right now, come March 15 when it's 18 months old it'll be up for £22.5k and they'll accept someone haggling a grand off that - £3k made.
Yes the GFV will be greater on a 3 year old car - a 5DR manual is up there at £18600 for 3 years/30k miles. So for you paying £308 a month = 3696 paid in year 4 and you are seeing a reduction in the GFV for 4th year of around £2500 - but 1/3 of what you pay on solutions (approx) is interest, so it's worth £2500 less and you've paid off about £2500 capital of your 4th year £3696, so monthly cost between 3 and 4 years will be about the same on a vanilla R. Add the options and that's what makes a big change, you are adding a few grand's worth of equipment that will lose 80% of it's purchase price. To spread that loss over 4 years instead of 3 will make 4 years a little cheaper.
Your quoted GFV seems a little low actually (£14748), 4 years at average (40k miles) mileage is coming in at around £15600 3DR/£16300 5DR on the solutions web page, not sure how you get a figure of £14748 unless the mileage has been jacked up on the Solutions finance quote. That figure doesn't include extras, if you are getting NAV Pro and DCC, i'd expect to add £500, bringing you up to £16100/£16700 (3dr/5dr). At best £1500 on to that at best to get your true px.
With an adjusted GFV (for your options) of £16100, expect £17500 (giving you £1400 equity) and it will be up on the forecourt for £21k at 4 years old (because it's better than the MK6). As the cars get older and more of them end up outside the VW dealership network in car supermarkets etc, and the dealerships do lower their prices to remain competitive. Chopping in between 2 and 3 years usually allows you to minimise your depreciation while still being in a newish car to the end of term and being fully covered by warranty. Always expect £1000-1500 over GFV for your p/x if you are getting a great discount on the new one and you won't be disappointed.
-
Well it's got a few extras, upgraded stereo, the better sat nav unit, 19s. I think there was about £2500 of extras in all and I got tge car 27950 but put my vxr vectra in as a deposit (4k) so only paying 23950. Added to that I'm getting 3 years free servicing, tax until april, cheap gap to match ala or thereabouts and fuel I don't think it's too bad. I'm not really one for sitting there adding up all the figures, I'm getting virtually a brand new car for a good monthly price. Like I say I don't expect to walk in on the end of the agreement and say I'm using this as a whole deposit, I always expect to pay something towards a car. Once my loans are paid off I can overpay and chuck it in at 3 years if it comes to it but seeing as it's my first new car I'm not looking to change it for a good few years yet or at least see out the plan. I wish I was financially minded as I could sit there and calculate everything but I'm not that way inclined lol.
My mileage on the pcp is 10k, I do nowhere near that. I guarantee my car will be under 40k miles in 4 years
Also if I was to buy the car wouldn't the lower gfv be in my favour as I could purchase it and sell it privately for much more.
-
One thing I have noticed flicking through the finance it says total payable 33,605.
Can't be paying 10k interest surely because obviously the monthly payments would come from that top figure so say I've paid 11k in 3 years roughly that means I'm left with 22k to pay off, well I'm not going to get that as a trade in am I. Is that right?
-
Well it's got a few extras, upgraded stereo, the better sat nav unit, 19s. I think there was about £2500 of extras in all and I got tge car 27950 but put my vxr vectra in as a deposit (4k) so only paying 23950. Added to that I'm getting 3 years free servicing, tax until april, cheap gap to match ala or thereabouts and fuel I don't think it's too bad. I'm not really one for sitting there adding up all the figures, I'm getting virtually a brand new car for a good monthly price. Like I say I don't expect to walk in on the end of the agreement and say I'm using this as a whole deposit, I always expect to pay something towards a car. Once my loans are paid off I can overpay and chuck it in at 3 years if it comes to it but seeing as it's my first new car I'm not looking to change it for a good few years yet or at least see out the plan. I wish I was financially minded as I could sit there and calculate everything but I'm not that way inclined lol.
My mileage on the pcp is 10k, I do nowhere near that. I guarantee my car will be under 40k miles in 4 years
Also if I was to buy the car wouldn't the lower gfv be in my favour as I could purchase it and sell it privately for much more.
As MH said you hardly get any money back at all for most extras. You're lucky to get even a quarter of the original cost back on them.
New cars depreciate quicker than a brick being thrown out a plane. You throw 20% out the window just by driving it off the forecourt and then it's a constant hidden drain on your wallet as the miles creep on.
Looking into it your'll be looking at getting £1500-2000 max over gfv when you trade in after 1,2 or even 3 years.
-
That figure includes your deposit and the final fee (GFV) to own it. There'll probably be about £5k interest in that £33k figure.
Seriously though, check your GFV, because the figure you quoted (£14576) is way too low for even 4 years, you could see it as a form of overpayment. The dealers usually check what you owe and add a grand, if you overpay by way of artificially creating a low GFV, be careful of that. I've had a dealer try that on before.
-
As MH said you hardly get any money back at all for most extras. You're lucky to get even a quarter of the original cost back on them.
New cars depreciate quicker than a brick being thrown out a plane. You throw 20% out the window just by driving it off the forecourt and then it's a constant hidden drain on your wallet as the miles creep on.
Looking into it your'll be looking at getting £1500-2000 max over gfv when you trade in after 1,2 or even 3 years.
On that R the brick is smaller than most, 60% retained value is exceptional, Porsche Cayman only holds 55%, BMW 235i is in the region of 47% (% of RRP at GFV). A vanilla R bought at best discount is going to lose £8.5k over 3 years, a fully loaded one with £4k options will lose £11500 or cost the typical solutions customer an extra £96 a month!!!
-
That figure includes your deposit and the final fee (GFV) to own it. There'll probably be about £5k interest in that £33k figure.
Seriously though, check your GFV, because the figure you quoted (£14576) is way too low for even 4 years.
So whats the pitfalls of a lower gfv then?
Obviously I'm guaranteed that price when I trade in. Will a higher gfv lower my payments then?
-
Email from one of four potential garages...
Hi Fraser, Thanks for getting back to me. I've priced up the Golf R with just the white paint and at cost price +£1 which is the offer we're running on all new cars until the end of September (this also includes 3 years servicing for £199 with the PCP agreement which means there's one less thing to worry about and is spread across your monthly payments) and it works out as follows:- Price of the car - £28,065.25 (usually £30,349 including white paint and servicing at £199)Part exchange for January - £18,000Estimated settlement - £17,255.96Your £1000 deposit then means a full deposit of £1,744.0436 months15,000 miles Gives you- 35 monthly payments of £404.181 final payment of £16,396.20 I hope this helps with your enquiry.
Think I could do better
Come back to me and said 399 a month...hmmmmm. So pissed off with VW im speaking to Audi now re s3, service is far superior. Also rang Newcastle VW and emailoing a Helen who is quick to get back to me
-
Just been on a pcp calculator and if the gfv was 16500 id only be paying 279 a month, would it make much difference at the end though for example people have been saying most dealers will offer 1500 over the gfv usually, will it make a difference as to what you have left over then or is it just the payments overall would be less, ive worked out that il be paying 14,784 over the 4 years, if the car is 23950 and the gfv is 14748 doesnt that mean il have overpaid by 4kish or is that absorbed by the extra for the interest?
Im confused now lol
Also worked out that if the gfv was say 17k in 3 years id be paying 318 a month, can the dealers change this then?
-
That figure includes your deposit and the final fee (GFV) to own it. There'll probably be about £5k interest in that £33k figure.
Seriously though, check your GFV, because the figure you quoted (£14576) is way too low for even 4 years.
So whats the pitfalls of a lower gfv then?
Obviously I'm guaranteed that price when I trade in. Will a higher gfv lower my payments then?
A higher GFV will lower your payments - less capital to pay off. If you will keep chopping in every 2/3/4 years, lower depreciation =lower capital to pay off to cover depreciation, but more interest to pay as the balance financed will always be more in any given month.
If you want to buy the car outright and keep it 10 years, the faster you pay it off the better, the GFV becomes irrelevant then as it will be worth a lot less after 10 years. High residuals keep VWs relatively cheap on a monthly basis under finance, and make VW a lot of money out of you in interest. I pity the sucker who buys a 2 year old one for 85% of RRP.
-
WHHHHHHHHHEEEEEEEEEEEYYYYYYYYYYYYYY finally!!!!
All the wait to hear back from VW Gorgie and they say I need to make an appointment! In tomorrow at 1pm.
Also no R for me to test drive anywhere! :huh:
-
VirginVWMan: Carwow had a Newcastle Benfield offer of £1500 saving, so I wouldn't hold your breath for £3600 off and £18k for yours. If they only offer £1500 off, you'll need £20k px to even out. Keep at them, someone will bite.
S3, nearly went there, but a grand lower GFV vs R and you will need options (almost nothing is standard apart from all leather seats and non-adaptive Xenons. An S3 will be costing you more. Much easier to do a deal in person than over the phone. They can almost smell the money. Chances are the dealers holding off are waiting until the end of the month to see how it's panning out. Oct will be a quiet month for them.
-
^ sorted, perseverance pays off. :wink:
-
Getting the feeling there is no point in ever calling them until you've made your offer in person, as they are clearly just too busy. A lad at Audi is working on an S3 at moment with black pack, red callipers and folding mirrors for me. Old man has another great friend at Audi Stirling so il see what he can do.
So much for me hoping to have done this in a week taking so much longer. As you say, get in and meet them, theyl see your interested and easier to bargain
-
Just been on a pcp calculator and if the gfv was 16500 id only be paying 279 a month, would it make much difference at the end though for example people have been saying most dealers will offer 1500 over the gfv usually, will it make a difference as to what you have left over then or is it just the payments overall would be less, ive worked out that il be paying 14,784 over the 4 years, if the car is 23950 and the gfv is 14748 doesnt that mean il have overpaid by 4kish or is that absorbed by the extra for the interest?
Im confused now lol
Also worked out that if the gfv was say 17k in 3 years id be paying 318 a month, can the dealers change this then?
That's the interest, £10k depreciation covered and £4k interest for your total £14k spent over 4 years.
-
Looked at carwow, yeh 1500 discount with Benfield but £2,695 from Ingram VW
-
Right so that works out ok then, i dont want to push them too much as getting some good bits chucked in, just been on the vw configurator and my car specced new was 34k, im getting it for 27950 so its already lost 6k before ive even touched it lol.
Im sure i could be getting a better gfv but the payments are affordable so not going to push it too much, ive emailed the sales guy to see what he can do if anything. If the gfv was 16 it would be 20 quid less a month, whats the common gfv for these then?
-
Right so that works out ok then, i dont want to push them too much as getting some good bits chucked in, just been on the vw configurator and my car specced new was 34k, im getting it for 27950 so its already lost 6k before ive even touched it lol.
Im sure i could be getting a better gfv but the payments are affordable so not going to push it too much, ive emailed the sales guy to see what he can do if anything. If the gfv was 16 it would be 20 quid less a month, whats the common gfv for these then?
Is your car not new? Pre-registered/demo? If so that explains a lot with the lower GFV figures quoted, for some reason a car not new when bought going to 3 years old has a lower GFV than one bought new at 3 years old. 1 previous owner is better than 2 in resale, but not by much. Certainly not the difference between your £14576 GFV and the official Solutions new car 4 year value on the finance calculator.
-
Looked at carwow, yeh 1500 discount with Benfield but £2,695 from Ingram VW
£3199 from VW Bradford.
-
Catching up on here was a right maths lesson. I have decided I will order in March for a sept delivery unless there is an offer that makes sense after Xmas.
I really want to see the reaction I get at audi so I may just try popping in sometime.
-
Yep, it's been a bit of a maths intensive session, but car finance seems to be set up to bamboozle, they ask you what you can afford per month rather than telling you what you're getting in discount.
-
Well just to make me feel I've done the right thing il keep looking at the car ive got.
Here's it is
(http://i946.photobucket.com/albums/ad303/class2ldn/Mobile%20Uploads/2014-09/DSC_0295_zpsimfnp3m_edit_1411670941371_zps7tju3wjx.jpg) (http://s946.photobucket.com/user/class2ldn/media/Mobile%20Uploads/2014-09/DSC_0295_zpsimfnp3m_edit_1411670941371_zps7tju3wjx.jpg.html)
(http://i946.photobucket.com/albums/ad303/class2ldn/Mobile%20Uploads/2014-09/DSC_0297_zpstcubwqg_edit_1411670838963_zpsxynkyakp.jpg) (http://s946.photobucket.com/user/class2ldn/media/Mobile%20Uploads/2014-09/DSC_0297_zpstcubwqg_edit_1411670838963_zpsxynkyakp.jpg.html)
-
Looked at carwow, yeh 1500 discount with Benfield but £2,695 from Ingram VW
£3199 from VW Bradford.
VW Bradford (or JCT600) is who I bought my GTi from through CarWow and now direct for my R. Definitely recommend them...great service and Ben is a good guy.
What I would say about CarWow is that the offers that comeback are often automated...you should always message back and ask if that is the best deal. Unless you give them your phone number they cannot ring you back so your identity remains anonymous until you decide to ring...and don't forget the £20 Amazon voucher when you buy....whoop whoop
-
ok...looks like we could have a go on the R. Dads mate in Finance dept made me a good offer.
PX of £18,250 for my car
White 3 door manual R with panoramic roof with 18s, invoice price £29,038
Deposit of £1000 (net deposit £1994.04)
10,000 miles a year
36 months
£384.11 a month
-
ok...looks like we could have a go on the R. Dads mate in Finance dept made me a good offer.
PX of £18,250 for my car
White 3 door manual R with panoramic roof with 18s, invoice price £29,038
Deposit of £1000 (net deposit £1994.04)
10,000 miles a year
36 months
£384.11 a month
Sound canny, Pano roof will be costing you about £20 a month of your total assuming it retains 20% of it's RRP. Are you all for the 3, or just discount the 5 door through price? It only adds a fiver a month because most of the cost of the 5 doors is retained in the higher GFV. Coming from a 3 door Scirocco to a 5 door Golf, it is practical more often than you imagine, even though I hardly ever have any back seat passengers.
-
ok...looks like we could have a go on the R. Dads mate in Finance dept made me a good offer.
PX of £18,250 for my car
White 3 door manual R with panoramic roof with 18s, invoice price £29,038
Deposit of £1000 (net deposit £1994.04)
10,000 miles a year
36 months
£384.11 a month
Sound canny, Pano roof will be costing you about £20 a month of your total assuming it retains 20% of it's RRP. Are you all for the 3, or just discount the 5 door through price? It only adds a fiver a month because most of the cost of the 5 doors is retained in the higher GFV. Coming from a 3 door Scirocco to a 5 door Golf, it is practical more often than you imagine, even though I hardly ever have any back seat passengers.
I love the 3 door, 5 door is okay but for me i just dont feel id get the use out of it apart from golf clubs now and again. You think its a good deal? yeh fancy the pano roof so an extra 20 is fine with me as think with white paint itl look quality. You think its a good deal?
-
I'm not a fan of sunroofs from a practical point of view (use from the inside). but the contrast it has with a white Golf does look good. I use those back doors more often than I would imagine, so glad I specced them for the GTD and the R, and they don't make the car look like an estate (unlike the S3 sportback).
-
Order in!!!! 21 week wait
White R
Pano roof
18s
Manual (http://)
-
Order in!!!! 21 week wait
White R
Pano roof
18s
Manual (http://)
Cooooool!!!
-
ok...looks like we could have a go on the R. Dads mate in Finance dept made me a good offer.
PX of £18,250 for my car
White 3 door manual R with panoramic roof with 18s, invoice price £29,038
Deposit of £1000 (net deposit £1994.04)
10,000 miles a year
36 months
£384.11 a month
Any chance you can put me some of us in contact with your dads mate. :wink:
-
ok...looks like we could have a go on the R. Dads mate in Finance dept made me a good offer.
PX of £18,250 for my car
White 3 door manual R with panoramic roof with 18s, invoice price £29,038
Deposit of £1000 (net deposit £1994.04)
10,000 miles a year
36 months
£384.11 a month
RRP for your chosen car and equipment is £31075. Assuming £18k for your car in March as a constant (I believe that's a fair low/CAP p/x for you to use as a baseline to be chasing broker discounts), your deal above is like getting a discount of £2287 (£31075 - £29038, +£250 to the total). It's a back-up plan you're ok to accept, but I still think you can do better.
If the Orangewheels dealer was only offering you £17k for your car you'd still be £300 better off than your dad's mate's offer. I reckon my local dealer could get to the same cost to change there without too much bother (although you'd probably have to wait longer, there are 2 people in the queue for their allocation already).
Did you end up going to a dealership in person to try thrashing out a deal?
-
Well I have got back to the chao at the show room I went to visit and said can he not get it closer to 375 a month...hes getting back to me at 12 when they open. In all honesty id pay 380. Just want this thing ordered as a 21 weeks going to be a killer. Im being offered a good px at 18, 250 so as much as I could haggle more I dnt think they could do any better as its a new manager in gorgie road.
Dont fancy putting 500 down today though, never paid a deposit the last time until I collected the car.
Plus orangewheels have been sh*t at getting back to me. And id have to drive there and back. Its a 500 mike round trip... :sick:
-
Well I have got back to the chao at the show room I went to visit and said can he not get it closer to 375 a month...hes getting back to me at 12 when they open. In all honesty id pay 380. Just want this thing ordered as a 21 weeks going to be a killer. Im being offered a good px at 18, 250 so as much as I could haggle more I dnt think they could do any better as its a new manager in gorgie road.
Dont fancy putting 500 down today though, never paid a deposit the last time until I collected the car.
Plus orangewheels have been sh*t at getting back to me. And id have to drive there and back. Its a 500 mike round trip... :sick:
Well an extra grand saved + interest amounts to about £32 a month on Solutions, if you can get it it'll be worth it.
I'd be back onto the Orangewheels place/s, say you're ready to sign up now for £18k p/x. If they can't give a straight answer then or say it's too much, i'd give them a 24 hour ultimatum by saying (politely) "I have an offer in locally and if you can't get to Orangewheels price for my spec + £17.7k for my p/x i'll be going local, i'll give you 24 hours to think about it". £17.7k for yours will put you a grand better off than you have on the table with your dad's mate. He might bite there and then, he might bite the next day, or not at all. At least with that timeline in place they can only arse you about for 24 hours.
If need be, i'd get your car washed and looking shiny today, take some pics all round and offer to send them to the Orangewheels place via email to prove how well looked after the car will be (assuming it is in great condition). It's the end of their second busiest month of the year and October (probably their quietest) is about to start, they might want some new sales in Oct and be prepared to go ahead, depending on waiting until Weds to officially submit your order.
For an ultimatum like that it's your last ditch to save an extra grand (or £1300 if you're lucky) for that 500 mile round trip. Call their bluff and they say no then you'll be sticking with your Dad. I'd give VW Bradford a bell, they were my best CarWow quote. Without having to pay CarWow their cut because you haven't gone through them, you might get to £18k p/x and £3200 off (equivalent to OrangeWheels + £17600 off, or your Dad's mate's offer +£900 more discount).
For my last 2 cars i've never paid a deposit (I think due to the level of trust built up between me and my salesman of choice and bringing business in for my Dad's car), but this time around I have had to put £500 down, I think he's on a much tighter leash at the Durham branch than he was at Sunderland, Sunderland always used to be the preferred branch for a discount.
-
Did you not speak to Dean at the other branch that's the one that specialises in the Gti/R's?
-
I did but he said hed find it hard to better the offer as its another eastern western ve garage so offer would be similar.
Fancy a test drive but can I ask him the fact ive gone elsewhere?
-
Probably a bit cheeky! Surely Gorgie could ask to borrow it.