GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: Fazermeg on 22 January 2015, 15:04
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i hope to pick up the new car in a few days and had wondered if it would be a good bet to add on the servicing package at £380 for the 36 months ?
Could anyone enlighten me to the servicing costs for that period with a Gti and does the above make economic sense ?
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It might be different because you are in Northern Ireland but in the UK you can get the servicing for £149 if you take it out on a PCP
http://www.volkswagen.co.uk/buying-guide/offers/golf-gti-vii
Even if you aren't taking the finance that way it might make sense to take it out on a PCP then pay it off with x amount of days (it may be 14) and that way you get their financial offers and you aren't penalised in interest.
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It might be different because you are in Northern Ireland but in the UK you can get the servicing for £149 if you take it out on a PCP
http://www.volkswagen.co.uk/buying-guide/offers/golf-gti-vii
Even if you aren't taking the finance that way it might make sense to take it out on a PCP then pay it off with x amount of days (it may be 14) and that way you get their financial offers and you aren't penalised in interest.
Lee pointed out to me the bait and switch VW has done with the service packs. Buy the £199 one that is apparently not available any more and you get 3 years/30k miles. Buy the £149 one and it's 2 years/20k miles - see the smallprint on the finance example page. Very sly!
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Thanks guys for your help. i am in the fortunate position to be paying up front for the car and despite my best efforts :grin: i cant get a deal on either the extras or the service on the car.
I dont really want to go near finance so have to rule those offers out.
Yes i did get a rather 'healthy' deal on the Gti worked out much cheaper buying here than any of the deals i could get on the mainland, so i suppose i shouldnt quibble too much about forking out to keep her on the road :whistle:
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You'll never get any discount on the car in NI
Try Donnellys in Eglinton - they were the best price I could get in NI 18 months ago. A bit of a discount but no where near the near 10% I got.
I bought in Kent and drove back - JCB Medway who are usually the dealer you get from Drive The Deal (I went directly to dealer). Saved 10% (inc extras). Well worth the flight over & drive back.
Whatever you do I wouldn't buy from Agnews - wouldn't give a penny off anything!
Paid inf full with JCB Medway via card so discount applies to all transactions - service was faultless.
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Thanks guys for your help. i am in the fortunate position to be paying up front for the car and despite my best efforts :grin: i cant get a deal on either the extras or the service on the car.
I dont really want to go near finance so have to rule those offers out.
Yes i did get a rather 'healthy' deal on the Gti worked out much cheaper buying here than any of the deals i could get on the mainland, so i suppose i shouldnt quibble too much about forking out to keep her on the road :whistle:
If you are buying cash then you are less likely to get a deal as they will make more from you buying via finance.
You tell them you are taking out finance and then pay it off immediately with no interest added.
Again I don't know about NI but doing it the way I've said in the UK you would get £750 deposit contribution coupled with your service is nearly a £1000 discount.
All for just going along with their finance then paying it off a few days after collecting your car!
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NI is part of VW UK so all offers are the same (apart from anything which includes an MOT as this is different over here).
I did a lot of hunting around for deals when I purchased and as mentioned only one NI dealer gave a viable discount (around £1k) from list. We are trapped here and the dealers know it!!!!
With a mainland purchase from kent you could net £2k-3k off like I did depending on how well you spec if up. Flights over (booked at last minute), hotel, ferry back and fuel would cost well under £500.
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It might be different because you are in Northern Ireland but in the UK you can get the servicing for £149 if you take it out on a PCP
http://www.volkswagen.co.uk/buying-guide/offers/golf-gti-vii
Even if you aren't taking the finance that way it might make sense to take it out on a PCP then pay it off with x amount of days (it may be 14) and that way you get their financial offers and you aren't penalised in interest.
Is this definitely correct ? I'm asking as I'm about to buy a pre-registered GTI. My dealer suggested taking finance as I get a £500 contribution from VW Finance plus 3 years free servicing. The saleseman told me I had to wait until 3 months payments have been made. After that I can pay off the finance, keep the £500 contribution and keep the free servicing.
This all sounds too good to be true and I can't find anything to verify it. Any confirmation / guidance would be much appreciated. Thank you.
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Peterdoherty
"With a mainland purchase from kent you could net £2k-3k off like I did depending on how well you spec if up. Flights over (booked at last minute), hotel, ferry back and fuel would cost well under £500."
Sounds like a good deal, but with abit of persistance and the offer of money on the table I managed to extract a very similar deal from the dealer i used. The deal worked out at 10.7 % all in. Must have been the Ballymena blood in me
( local joke )
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It might be different because you are in Northern Ireland but in the UK you can get the servicing for £149 if you take it out on a PCP
http://www.volkswagen.co.uk/buying-guide/offers/golf-gti-vii
Even if you aren't taking the finance that way it might make sense to take it out on a PCP then pay it off with x amount of days (it may be 14) and that way you get their financial offers and you aren't penalised in interest.
Is this definitely correct ? I'm asking as I'm about to buy a pre-registered GTI. My dealer suggested taking finance as I get a £500 contribution from VW Finance plus 3 years free servicing. The saleseman told me I had to wait until 3 months payments have been made. After that I can pay off the finance, keep the £500 contribution and keep the free servicing.
This all sounds too good to be true and I can't find anything to verify it. Any confirmation / guidance would be much appreciated. Thank you.
It’s definitely the case with fitted equipment or extras (like salt and pepper packs on Minis), or additional items that are itemised as paid for at a reduced rate (like the service pack), and definitely used to be the case with financial incentives.
It would depend on the wording of the contract for finance contributions and other iincentives – are there any terms/clauses there that would allow them to snatch dealership or VWUK/VWFS contributions back when calculating an early repayment? If so then they will have recently been implemented to stop people taking advantage of the 14 day period that you have to back out of a financial agreement and walking away with significant cash contributions.
The general concensus is that you should only have to pay the invoice amount on your agreement back if you settle up within 14 days.
Ask the dealer for a copy of the terms, scrutinise them (and send me a copy please!).
Perhaps the dealership has stated 3 months not because you will be penalised, but because the dealership itself won’t receive its cut of the finance deal if you back out any earlier than that.
If it can still be done without snatch-backs of incentives then you have a fair bit to gain.
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I've never had the money to do it but know several folk over in the Audi forum have done it successfully.
The fact your salesman told you you couldn't settle it within the first 3 months is blatant lies.
If you are worried you could always take out the PCP to get dealer contribution and cheap insurance and possibly a better discount then rather than cancel it in the first 14 days, make a very large payment within the first 14 days say £100 less than the full finance. Then settle the remaining finance of £100 after the 14 days and that way the interest would be minimal and they can't claim you never took out the finance.
Sneaky? Yes but so are so many salesmens tactics if you ask me. Not all of them though.
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Thanks to you both for your replies.
As I have the money to pay in full I think I'll just settle the finance once I get my hands on the car (within the 14 days) and then see what happens !
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I've never had the money to do it but know several folk over in the Audi forum have done it successfully.
The fact your salesman told you you couldn't settle it within the first 3 months is blatant lies.
If you are worried you could always take out the PCP to get dealer contribution and cheap insurance and possibly a better discount then rather than cancel it in the first 14 days, make a very large payment within the first 14 days say £100 less than the full finance. Then settle the remaining finance of £100 after the 14 days and that way the interest would be minimal and they can't claim you never took out the finance.
Sneaky? Yes but so are so many salesmens tactics if you ask me. Not all of them though.
I'm almost certain that you can't do the all-but £100 payment you propose. VWFS proposed a monthly plan and you are either accepting it by making the payments as per schedule (and settling the balance in full at any time after the commencement of the agreement, including any early payment penalties such as 2 months interest that they've charged me in the past). VWFS requires you to have at least 70% of the RRP under finance. If you buy a £30k car with a £3k discount, the most deposit you can put down is £6k to bring you down to a minimum £21k financed (70% of the £30k).
You can try your luck for very minimal outlay -The interest you'll be charged within that 14 day window of cancellation on a £21k sum will likely be in the region of £4 a day 1/365 of 7% of £21k.
Worst case you're £4 or £8 down for a few days, against the potential of getting all those incentives (if VW haven't battened down the hatches in small-print).