GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: chris1h on 10 October 2015, 17:10
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Currently over in the mk6 section with a gti... :rolleyes:
Very interested in a mk7 R. :laugh:
Prices are still a touch steep on my budget but coming down all the time... Looked few month back and cheapest on VW website was kicking about 30k. Now coming down to 25k? Anyone got thoughts on the matter? I was thinking another 6 month and they could be kicking about for 20k. I heard the market was flooded with them at first when they came out due to some "amazing" hire deal VW had on? So few years down the line the market will be flooded :whistle: dont know how true this is?
Anyone got any thoughts on the matter? or whether it would be worth going to a broker? :shocked:
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All I'll say is "don't hold your breath for £20k R's unless wrecked ex-leasers in car supermarkets"
The market won't be that flooded as there's been massively long build times as VW only build them in small batches.
There was a spell where there was a lot of dodgy cheap business lease deals that went viral but VW didn't fall over themselves to fulfil all of the orders; heads rolled and production was kept at a normal (slow) level.
There will be a lot of low spec ones hitting the market at around the same time but with the demand for the things I doubt they'll be that cheap and most were underwritten by VW finance so will end up at inflated prices on main dealer forecourts.
The 7R is a bit of a cult car now as it's wins just about every road test comparison in the press and for a 300 bhp hatch is reasonable value if kept to standard-ish spec, therefore it's in the public eye and has had a lot of press. Being as 6R's still fetch a high price despite being vastly inferior to the 7R in all areas except looks I'd not get overly hopeful of £20k bargains if you don't like resprayed panels and chipped alloys.
Buying from a broker is a better bet so long as you have massive patience.
Or, like me you may find a cancelled lease order unexpectedly drop in your lap and end up with an unplanned purchase with zero wait!!!!
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All I'll say is "don't hold your breath for £20k R's unless wrecked ex-leasers in car supermarkets"
The market won't be that flooded as there's been massively long build times as VW only build them in small batches.
There was a spell where there was a lot of dodgy cheap business lease deals that went viral but VW didn't fall over themselves to fulfil all of the orders; heads rolled and production was kept at a normal (slow) level.
There will be a lot of low spec ones hitting the market at around the same time but with the demand for the things I doubt they'll be that cheap and most were underwritten by VW finance so will end up at inflated prices on main dealer forecourts.
The 7R is a bit of a cult car now as it's wins just about every road test comparison in the press and for a 300 bhp hatch is reasonable value if kept to standard-ish spec, therefore it's in the public eye and has had a lot of press. Being as 6R's still fetch a high price despite being vastly inferior to the 7R in all areas except looks I'd not get overly hopeful of £20k bargains if you don't like resprayed panels and chipped alloys.
Buying from a broker is a better bet so long as you have massive patience.
Or, like me you may find a cancelled lease order unexpectedly drop in your lap and end up with an unplanned purchase with zero wait!!!!
20k was probably a bit far but you get my jist hopefully :shocked: Prices "seem" to be coming down steadily (from what i have seen), but just dont know. Dont get me wrong, a MK6 GTI owner and a lover of the golf i do really like them but some used prices are ridiculous for lets be honest, only a golf... :undecided: all be it a very good one!
Any plans on any other versions of mk7 coming out soon? or when is there plans for mk8?
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24.5 k I nearly paid for a 15 plate 5dr manual 8k miles, from a Vw dealer this week, 5 months old. I could of pushed it lower I felt but when it came down to it I didn't want white. There have been loads for sale for ages now, even pre reg with delivery miles are taking ages to sell. The private sellers have missed the boat now and are asking more than the dealers, you may pick one up for 21 22k soon privately
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I'd think the part ex prices were heading towards £20k for low spec early R's now.
I'll run a few valuations if I get chance tomorrow.
My GTI dropped £10k in two years going from RRP new and top CAP book price on part ex so there's no reason an R will depreciate much, if any, less over the same time.
There are always weird price anomalies with newish 'in demand' cars and you'll see used ones on the VW forecourts up for £40k and others over £10k less at a similar age and lower spec. Some hang around and some don't.
Chris, the mk8 will be about two years away yet minimum and there's a GTI Clubsport about 9 months off for UK retail.
An R400 may or may not appear next year which will both muddy the waters a bit as far as pricing is concerned.
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24.5 k I nearly paid for a 15 plate 5dr manual 8k miles, from a Vw dealer this week, 5 months old. I could of pushed it lower I felt but when it came down to it I didn't want white. There have been loads for sale for ages now, even pre reg with delivery miles are taking ages to sell. The private sellers have missed the boat now and are asking more than the dealers, you may pick one up for 21 22k soon privately
24.5k for a 15 plate is a good deal! I am after white aswell ha! I dont think i would buy private but who knows! :whistle:
I'd think the part ex prices were heading towards £20k for low spec early R's now.
I'll run a few valuations if I get chance tomorrow.
My GTI dropped £10k in two years going from RRP new and top CAP book price on part ex so there's no reason an R will depreciate much, if any, less over the same time.
There are always weird price anomalies with newish 'in demand' cars and you'll see used ones on the VW forecourts up for £40k and others over £10k less at a similar age and lower spec. Some hang around and some don't.
Chris, the mk8 will be about two years away yet minimum and there's a GTI Clubsport about 9 months off for UK retail.
An R400 may or may not appear next year which will both muddy the waters a bit as far as pricing is concerned.
Yeah thats food for thought thanks! hopefully see the prices coming down some what . we hope :grin: (I hope :smug: :drool:)
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It's funny some seem to hang around ages and others sell quick.
My dealer had a Red 3 door in couple weeks back, only upgrades were DSG and 19s, they were asking £300 more than what my new one was costing me, it was a year old with 8k miles, sold within 2 days.
Same dealer has a white 5 door DSG, less miles and £3k less than the red one and they can't shift it, go figure :laugh:
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Cheapest 15 plate R i've seen advertised on ebay is £26990 http://www.ebay.co.uk/itm/Volkswagen-Golf-2015-2-0-TSI-R-5dr-Hatchback-/321819977498?hash=item4aedf7271a (http://www.ebay.co.uk/itm/Volkswagen-Golf-2015-2-0-TSI-R-5dr-Hatchback-/321819977498?hash=item4aedf7271a) - 5 door manual Tornado Red on 18" Cadiz and no extras. Considering you can get a 12% discount on new, bringing a standard 5 door manual down to £27700 new and expecting to lose an average £1500 every 6 months on it, getting somewhere around £26k after haggling seems about right for a 6 month old example.
I'm expecting to see these on the VW forecourts for around £22k at 3 years old, the same kind of money we're seeing 2 year old GTIs for now.
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It's funny some seem to hang around ages and others sell quick.
My dealer had a Red 3 door in couple weeks back, only upgrades were DSG and 19s, they were asking £300 more than what my new one was costing me, it was a year old with 8k miles, sold within 2 days.
Same dealer has a white 5 door DSG, less miles and £3k less than the red one and they can't shift it, go figure :laugh:
Whilst picking up my GTD.My dealer pointed out his 3 new R's.Various specs and colours. Some will hang around,others won't.He said the R is very spec sensitive.'People know exactly what they want with the R and will take nothing less than what they have asked for.They know the long waiting time and will wait till they get want'.
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Chris1h it was on Vw website this week up at £25980 with a offers tab on it so i did. I knew it was a great price and thought i could run it for a year and sell for 22k easy, cheaper than leasing. It was basically a flip of a coin for me if i had it as white wasn't on my list even tho i do like it but i feel its a bit too much stand out for me. It has sold now but still on auto trader yesterday.
Monkeyhanger i agree they probably will be on at 22k in 3 years but if selling privately to a dealer or px you will struggle to get 15k unless you got a mint low mileage one and sell it privately. I might be wrong but i think it will be more like the MK5 R32 when it comes to holding the price rather than the Mk6 R.
P.s i think you can get 2 year old Gti's from Vw for about 19k now the odd one 18k.
Its horrible to talk about depreciation or us car lovers :sad: but the way i try and look at it what ever you buy its very rare you'll buy anything people will give you 50% for after you have owned 3 years or even 1 day :smiley:
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Chris1h it was on Vw website this week up at £25980 with a offers tab on it so i did. I knew it was a great price and thought i could run it for a year and sell for 22k easy, cheaper than leasing. It was basically a flip of a coin for me if i had it as white wasn't on my list even tho i do like it but i feel its a bit too much stand out for me. It has sold now but still on auto trader yesterday.
Monkeyhanger i agree they probably will be on at 22k in 3 years but if selling privately to a dealer or px you will struggle to get 15k unless you got a mint low mileage one and sell it privately. I might be wrong but i think it will be more like the MK5 R32 when it comes to holding the price rather than the Mk6 R.
P.s i think you can get 2 year old Gti's from Vw for about 19k now the odd one 18k.
Its horrible to talk about depreciation or us car lovers :sad: but the way i try and look at it what ever you buy its very rare you'll buy anything people will give you 50% for after you have owned 3 years or even 1 day :smiley:
If I could buy used cars (£18k 2 year old GTI) as cheap as you're quoting then I wouldn't be buying new. £21/22k on the forecourt for a 3 year old R model should translate to a £17/18k p/x price - any less than that and the dealerships are being seriously greedy. I've always got around 85% of what would be the sticker price for my p/x, and a generous discount on the new one.
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Peter Cooper 31k miles i think 3 dr white 18.5k, sure i could get that or 18k. On there now.
Oh and ill think you will find they will offer you about 21k, 22k today if you are lucky for a 14 plate unless you are px against a overpriced car and again 17- 18k in 3 years, yep again against a overpriced car. The market is flooded with Mk 7 Rs, totally different kettle of fish to the mk6 R.
Edit i just checked PCooper vw it is a 13 plate without the DCC but it shows they can pop up now and again but you have to search daily, also what do you think they would offer for a 13/63 plate, quite scary really
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There was quite a few £18995 last week but they don't hang around long.
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Are 1 year old Rs seriously been traded in for £20-22k right now?? That's nuts
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Trading in is different as blurs some people minds on what they are really getting in the excitement of getting a new car, ie what they are paying for the new one, when you could get it 2-3k cheaper elsewhere cash and that Dealer contribution, what a load of bollards that is,you pay about 8k in interest when you could borrow the same amount of money from a bank with about 1.5k interest but people don't see it yet they are learnt elementary maths when they are 6 years old. But in the cut throat world of selling your 14 plate R, yes that low especially since September.
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Trading in is different as blurs some people minds on what they are really getting in the excitement of getting a new car, ie what they are paying for the new one, when you could get it 2-3k cheaper elsewhere cash and that Dealer contribution, what a load of bollards that is,you pay about 8k in interest when you could borrow the same amount of money from a bank with about 1.5k interest but people don't see it yet they are learnt elementary maths when they are 6 years old. But in the cut throat world of selling your 14 plate R, yes that low especially since September.
VW/Audi high residuals are part of the business model - the less you pay off that car with high RRP, the more you pay in interest over 3 years as less capital is being paid off. You typically pay about 15% of the RRP in interest (about £4.5k on a standard R) on a VW/Audi 3 year PCP at around the 6.5% APR mark, and if you buy at 88% of RRP (healthy 12% discount) and get 55% of RRP back in p/x value then about a third of your monthly PCP payment is interest.
Most of the used prices you are quoting tie in with what I expect the p/x price to be. I got £18.5k for my standard 5 door manual GTD at 21 months old, and it was up for £22.5k. I could've got £20k and a very small discount on my R, but that would have been robbing Peter to pay Paul. I always look to get broker sized discounts and 85% of the used forecourt sticker price. As i've started buying my cars outright I might look to sell privately for somewhere between what i'd expect p/x and the used sticker price - the remainder of a 5 year warranty should sweeten the deal for the next owner.
There are more MK7 Rs about, but it is a much better car than the MK6 R - better performance, better handling/ride (the MQB platform is a real step up in refinement) better (real) mpg, much more equipment as standard. There are fewer MK6 Rs about due to lack of demand in the new market when the MK6 was out (the fresh new Scirocco blunted enthusiasm for the MK6 Golf if 5 door practicality wasn't your main priority) and MK6 R values are going to have to drop a fair bit now as most people down the line will see the MK7 is worth paying the extra for. Supply and demand - despite there being more examples, the MK7 R is going to be in demand unless the new £28k (apparently) Focus RS proves to be something very special for the price.
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The Mk7 is a great car and is always going to be in demand but it don't help that most people know you can get one brand new starting at 27k, why would anyone pay 26k for a 14 plate for a used one. It's winter nearly and a 5 or 6 month wait till March on brand new 16 plate is a better option as all the can't wait for a new one people have already more than likely already bought one, their is still going to be the odd few who can't wait but not as many. Then their is all the people who lease, their are going to be lots more on the market soon and as most know its cheaper to lease most times now, why buy a 2/3 year old one when you can even buy a new one cheaper as the Apr shoots up stupidly at VW.
I see quite a few Mk7 Rs, barely any 6 Rs in nearly 6 years, it doesn't make any difference what so ever that the MK7 is better than the MK6, its supply and demand. There wasn't much demand for the MK6 due to recession etc and i don't think you could get much discount either and expensive leasing for the few that offered it but just as importantly there wasn't much supply. But Vw seem to be pumping the mk7 R out as tho its a Golf Match model and it's not going to help residuals.
It will still do alright, better than most but it will be us who suffer the usual dealer bull when we come to sell. It is not going to be no Mk6 R
Sorry for waffling on but their are a few R owners living in cloud cookoo land when it comes to prices. :smiley:
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The Mk7 is a great car and is always going to be in demand but it don't help that most people know you can get one brand new starting at 27k, why would anyone pay 26k for a 14 plate for a used one. It's winter nearly and a 5 or 6 month wait till March on brand new 16 plate is a better option as all the can't wait for a new one people have already more than likely already bought one, their is still going to be the odd few who can't wait but not as many. Then their is all the people who lease, their are going to be lots more on the market soon and as most know its cheaper to lease most times now, why buy a 2/3 year old one when you can even buy a new one cheaper as the Apr shoots up stupidly at VW.
I see quite a few Mk7 Rs, barely any 6 Rs in nearly 6 years, it doesn't make any difference what so ever that the MK7 is better than the MK6, its supply and demand. There wasn't much demand for the MK6 due to recession etc and i don't think you could get much discount either and expensive leasing for the few that offered it but just as importantly there wasn't much supply. But Vw seem to be pumping the mk7 R out as tho its a Golf Match model and it's not going to help residuals.
It will still do alright, better than most but it will be us who suffer the usual dealer bull when we come to sell. It is not going to be no Mk6 R
Sorry for waffling on but their are a few R owners living in cloud cookoo land when it comes to prices. :smiley:
We'll have to agree to disagree - your numbers seem to add up to 3 year old Rs being sold at a fraction more than VW finance GFVs, meaning p/x'ers will get a pittance for them (considerably less than GFV). Can't see that happening as a previous buyer of 8 new VWs, and anyone on VW finance would just hand their keys back and walk away at the end of the term. They need a hook to get you buying another VW, and that hook is being offered £1500 minimum more than your stated GFV to say you have some "equity" in the car.
You can blame the recession for the MK6's poor sales, I blame VW's 20% hike in the cost of a MK6 over it's equivalent MK5 stablemate (the GTI went from £20k to £24k overnight), helped on by the scrappage scheme - most manufacturers put their prices up to cover the losses made by the crappage scheme so we were no better off. The MK6 was really a MK5.5, with very little in the way of progress or extra equipment to justify the 20% hike - the incoming MK7 looked a veritable bargain next to the outgoing MK6.
If VWs stopped getting decent residuals then people would ditch them in droves and buy Audi or Mercedes instead. As it stands, anyone with a £15k GFV will be looking to get at least £17k p/x on their 3 year old R (which will be accordingly up for at least £21k on the used forecourt), and if they bought smart with a 12% discount, they won't lose their shirt in the process.
Doing a national search on VW's own used car website, the cheapest car there is a white 5 door manual 14 plate with just under 12k miles on for £25950, and a few similarly specced cars for a smidge over that on a 64 plate on higher than average mileage for the age.
"Most" people don't know you can get £4k off a £32k 5 door R, most of the gullible public will believe most of what that car salesperson is telling them and try to beat them down by a grand and think they've scored when they get it as they've never heard of brokers.
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The recession was a weird one and what you've said came from the recession, car scrappage scheme and unlike any other recession most things went up in price due to low interest rates.
Ive had about 8 new gtis/R32/ED30/ed35 myself, all cash and all sold private so got good experience of what its about. Im currently car free, but been looking everyday for the last 3 months and ive seen plenty if 63 plate gtis 19k and under. Like i say 15 plate R 24.5k (was up at £25980 and had a offers tab) 5 dr manual 8k miles turned it down, its there, but you have to keep looking.
So to the OP 21-22k if you px against a 28k new one 23-24 on a 32k car. Or 21-22k in cash unless you wait for a private buyer, not some mumbo jumbo well give extra for it if you buy another car of us.
Just to add i think most people are internet savvy these days, they will order offline if they can save £5 on a £20 item if they can never mind 32k
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Just a quick look on Auto Trader Monkeyhanger 63 plate GTi £18995 5 dr 22.5 k miles http://www.autotrader.co.uk/classified/advert/201510127735271/sort/default/postcode/wv68pp/fuel-type/petrol/model/golf/maximum-age/up_to_2_years_old/radius/1500/keywords/r/onesearchad/used%2Cnearlynew%2Cnew/make/volkswagen/advert-type/ymal/dealer-id/6289/usedcars?logcode=flp
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Just a quick look on Auto Trader Monkeyhanger 63 plate GTi £18995 5 dr 22.5 k miles http://www.autotrader.co.uk/classified/advert/201510127735271/sort/default/postcode/wv68pp/fuel-type/petrol/model/golf/maximum-age/up_to_2_years_old/radius/1500/keywords/r/onesearchad/used%2Cnearlynew%2Cnew/make/volkswagen/advert-type/ymal/dealer-id/6289/usedcars?logcode=flp
OK, so....
1. It's not being sold through the VW dealership network, it's a Vauxhall dealership, price will only be a grand more than an optimistic private price.
2. It's Northern Ireland, cars don't hold their value there as well as they do on the GB mainland.
3. It's a GTI - the GTI has the heaviest expected depreciation of the performance Golfs.
Even so, with GFVs around the £13k mark at 3 years old, someone probably got at least £16k p/x for it, from a Vauxhall dealership, in Northern Ireland.
Still haven't seen a 15 plate basic R with reasonable mileage for pennies less than £27k.
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I'm still finding it hard to believe that 1 year old Rs are being traded in for between £20-22k :huh:
Anyone I've spoken to has got at least £25-26k for theirs
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Just a quick look on Auto Trader Monkeyhanger 63 plate GTi £18995 5 dr 22.5 k miles http://www.autotrader.co.uk/classified/advert/201510127735271/sort/default/postcode/wv68pp/fuel-type/petrol/model/golf/maximum-age/up_to_2_years_old/radius/1500/keywords/r/onesearchad/used%2Cnearlynew%2Cnew/make/volkswagen/advert-type/ymal/dealer-id/6289/usedcars?logcode=flp
OK, so....
1. It's not being sold through the VW dealership network, it's a Vauxhall dealership, price will only be a grand more than an optimistic private price.
2. It's Northern Ireland, cars don't hold their value there as well as they do on the GB mainland.
3. It's a GTI - the GTI has the heaviest expected depreciation of the performance Golfs.
Even so, with GFVs around the £13k mark at 3 years old, someone probably got at least £16k p/x for it, from a Vauxhall dealership, in Northern Ireland.
Still haven't seen a 15 plate basic R with reasonable mileage for pennies less than £27k.
Yep fair enough like i said it was just a very quick search
As far as the R 15 plate less than 27k, Im going to search my emails as i got sent a personal video of the car i nearly bought last week, its got £25980 in the window and i coulad have had 24.5k. i don't know if i can sort it as im no wizz kid
By the way how much do you think your car is worth in straight talking world of cash ?
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Got the video, anyone got any idea how i can get this uploaded to here from my emails ?
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Got the video, anyone got any idea how i can get this uploaded to here from my emails ?
Copy the link from your email, and paste on here. Simples :smiley:
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Ive took some pictures just sorting them and the page with my original offer of 24k, all th proof on it inc reg
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Ive took some pictures just sorting them and the page with my original offer of 24k, all th proof on it inc reg
I don't think anyone is doubting your honesty buddy :smiley:
Maybe just find it hard to believe (Dissapointed) they can be bought for that little :angry:
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Ive took some pictures just sorting them and the page with my original offer of 24k, all th proof on it inc reg
I don't think anyone is doubting your honesty buddy :smiley:
Maybe just find it hard to believe (Dissapointed) they can be bought for that little :angry:
Seems like Monkeyhanger is.
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Heres the first one, note the reg in the top right corner,
(http://i571.photobucket.com/albums/ss160/cccc32/DSC_05391.jpg) (http://s571.photobucket.com/user/cccc32/media/DSC_05391.jpg.html)
Here you can see the price of the car in the window better
(http://i571.photobucket.com/albums/ss160/cccc32/DSC_05431.jpg) (http://s571.photobucket.com/user/cccc32/media/DSC_05431.jpg.html)
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Here's proof their was a offers tab on it with my original offer.(http://i571.photobucket.com/albums/ss160/cccc32/DSC_05451.jpg) (http://s571.photobucket.com/user/cccc32/media/DSC_05451.jpg.html)
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I couldn't care less how much my car is worth currently. For me its all about driving it and enjoying it, which I've done for 15k miles now. So regardless of how much you can buy a used R for currently, I personally don't care as I've had 15k of grin inducing fun! :laugh:
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I couldn't care less how much my car is worth currently. For me its all about driving it and enjoying it, which I've done for 15k miles now. So regardless of how much you can buy a used R for currently, I personally don't care as I've had 15k of grin inducing fun! :laugh:
Quite right Mark :smiley: :smiley:
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An acknowledgement of your offer by the looks of it, not their acceptance of it.
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An acknowledgement of your offer by the looks of it, not their acceptance of it.
I didn't put that up to say that they accepted that offer, i put it up to prove their was a offers tab which was then followed up with a phone conversation.
Do you really think a dealer would put that up at £25980 and put a offers welcome on it and think "ye we'll only come down £100" GET A GRIP MATE.
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At a main dealer near me,there is a 3dr 'R' in red with a manual box on a 15 plate with circa 1200 miles,no other big extras I dont think, for...........(wait for it!!) the paltry sum of £29,990.
Really?? :grin:
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An acknowledgement of your offer by the looks of it, not their acceptance of it.
I didn't put that up to say that they accepted that offer, i put it up to prove their was a offers tab which was then followed up with a phone conversation.
Do you really think a dealer would put that up at £25980 and put a offers welcome on it and think "ye we'll only come down £100" GET A GRIP MATE.
I doubt they'd come down more than a grand unless the car hung around theirs for quite a while. £2k off the sticker price of a nearly new VW that generally takes 5-8 months to get a new one ordered, I don't think i'm the one that needs to get a grip.
You seem determined to scaremonger on people's expectations on p/x prices and private sale prices down the line. People can expect 85% of whatever the prevailing used VW forecourt sticker price is, if they p/x at a VW garage - always been the case for those that aren't complete suckers. That'll mean getting 55% of RRP on an R in p/x and still being able to negotiate a meaningful discount on the new one.
VWs are sold on the fact that their high price is mitigated by excellent residuals, if that's out the window then VW's business model is bust. People won't pay VW money for a car that depreciates like a Ford.
The GTD is a huge new seller and still has pretty stable GFVs, the diesel-gate issue might cause a short term wobble, but it's an example of high supply and high demand maintaining a solid used price.
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"I doubt they'll come down more than a grand" is that you acknowledging they would come down a grand. If so thats only £480 off what I'm saying.
On me scaremongering, I didn't buy it because I want a colour I really want and brand new or pre reg when it came down to it. R's will stabilise very well about 20-22k for few years,
I've lost thousands on golf's in the last 10 years, I don't care that I will lose 5-6 k straight away, its part and parcel of buying a car and people who don't like it should buy new if they can't take it on the chin.
I not interested in the jibberish in Gfv in 3 years time on gtds and R' s you keep muttering on about, it's about R's today.
You stick to buying your car's Pcp or whatever you do and getting free rubber mats and lifeshine and I'll stick to my way.
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"I doubt they'll come down more than a grand" is that you acknowledging they would come down a grand. If so thats only £480 off what I'm saying.
On me scaremongering, I didn't buy it because I want a colour I really want and brand new or pre reg when it came down to it. R's will stabilise very well about 20-22k for few years,
I've lost thousands on golf's in the last 10 years, I don't care that I will lose 5-6 k straight away, its part and parcel of buying a car and people who don't like it should buy new if they can't take it on the chin.
I not interested in the jibberish in Gfv in 3 years time on gtds and R' s you keep muttering on about, it's about R's today.
You stick to buying your car's Pcp or whatever you do and getting free rubber mats and lifeshine and I'll stick to my way.
Mine was bought outright, with a 12% discount, a fair p/x value on my GTD and an 8 month wait (Prets).
You only lose £6k straight away if you give it back in a very short space of time rather keep hold of it for 2 years (and lose the same) or sell privately. Rs today will be doing fine and there's nothing you've demonstrated in this thread to make me think I won't get £17k in p/x or £19k private sale in 3 years time. £21/22k will be 3 year old money at VW retail for an R if history of 7 previous VWs bought new is anything to go by.
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I never said what the R will worth in 3 years but i agree with what you say they should be worth. All i have said is what i could bought one for the other day. You dont belive me, fair enough i can only prove so much, i don't tell lies.
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Posted in error. :laugh:
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If you can pick up a used R for £22k or whatever the figure you're quoting, then good luck to you. My GFV is £16k odd, and I'm more than confident it will be worth more than that when I come to trade it in. It's an R, its the fastest Golf on the market at the moment. They'll be plenty of boy racers looking to buy one in 3 years time!
Just look at the values for the R32 (mk 4 & 5) and the R (mk 6) - they're still worth decent money. History tells us that there is nothing to be concerned about, and I don't think this thread will bother any R owner at the moment, they know what they've bought, and they know the value of the car. Good luck if you can find one on the cheap though, hope its not one of those pikey versions off ebay! :laugh:
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Going back to used prices: when I phoned a few dealers earlier in the summer when VW hiked up the price before the announced the big spec changes to ask what was going on, I enquired with a couple of dealers that has sales people that I knew who were more likely to give me an honest answer.
Two dealers had a second hand R in stock at just below list and I asked out of interest how much money they had in the sale of the car (to gauge a likely offer price) versus what they'd give me as a new order.
Neither dealer had much flexibility in the price of the second hand cars but both would offer between 10 and 12% as a new order so long as it was in before the end of the quarter which was getting close at the time.
Not very scientific I know.