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Model specific boards => Golf mk7 => Golf mk7 GTD/TDI => Topic started by: Dukester on 28 April 2015, 19:04

Title: That was lucky...
Post by: Dukester on 28 April 2015, 19:04

Hello all. Ordered a GTD. Manual, Tornado Red - no extras. There must've been a cancellation as I was given a 7 week delivery!

Super pleased!  :laugh:

Title: Re: That was lucky...
Post by: Diehammer on 28 April 2015, 22:48

Do you have an order number or were the dealers just telling you that its estimated to be 7 weeks?

Title: Re: That was lucky...
Post by: Exonian on 29 April 2015, 15:29

Pretty much the sort of spec a lease car would be in so my guess would be either a cancelled lease order or one they had on order that was already on its way to the dealership/group which hadn't been allocated.

A bit of a result anyway.
I saw a red GTD yesterday, an early 13 plate one which was immaculate and it looked really nice in the sunlight. Red suits the GTD very well.

Title: Re: That was lucky...
Post by: Dukester on 29 April 2015, 17:29

It's PCP so basically a lease.

Ordered a month ago and it has arrived in the country - have an order number that I'm tracking.

Title: Re: That was lucky...
Post by: Mark V GTD on 30 April 2015, 08:50

No, a PCP is a personal contract purchase - VERY different from a lease!

Title: Re: That was lucky...
Post by: Dukester on 30 April 2015, 11:04

It's essentially a lease until the end of the contract term. I will not be the owner of the vehicle unless I choose to purchase to it, so by definition I will be renting/leasing/borrowing the car for two years. Hence the lack of options.

Title: Re: That was lucky...
Post by: Mark V GTD on 30 April 2015, 12:25

I beg to differ!

Personal Contract Purchase - your payments go towards paying for the car... you will be named as the Keeper on the V5. You are not renting it - you are entering in to a contract to purchase the vehicle.

This  has many advantages over leasing - if you decide to end the agreement early you are free to settle and sell the car. If it is stolen you will get market value (plus GAP if you took it out) whereas a lease means any payments made prior to total loss are also lost.

You may not own the car outright within the initial agreement period but you have a financial interest and equity in it. A lease is essentially the same as renting a car for an extended period - quite different.

I could go on....

Title: Re: That was lucky...
Post by: p3asa on 30 April 2015, 13:45

You can get out a PCP with no penalty dependent on how the finances stack up.

Also come your time to hand your PCP car back, you could in theory sell it to the garage and get money back.

Try doing any of those on a leased car  :rolleyes:

Title: Re: That was lucky...
Post by: Dukester on 30 April 2015, 22:15

Whatever I'm getting a Golf quickly.  :grin:

Title: Re: That was lucky...
Post by: Mark V GTD on 01 May 2015, 09:13

Lol, yes thats the main thing!  And you also now now what you have signed up for too  :wink: