GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: king monkey on 29 October 2018, 11:35
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Hi guys,
I know this is a gti forum and I currently have an Audi, but while I wait for Vw to drag their heels on the TCR I went to testdrive the i30N. Hilarious car. Very fun to drive and a great exhaust note.
However, the finance quote. Car discounted to £26k, 3k in and a monthly of ..... £442!!! :laugh:
I actually laughed out loud.
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Yes that is the trouble with some other cars that you just kinda forget after shopping VW...
The GT86 was the same when I looked at it.
You need a different mindset with a rapid fall in residuals... buy nearly new never new.
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Hi guys,
I know this is a gti forum and I currently have an Audi, but while I wait for Vw to drag their heels on the TCR I went to testdrive the i30N. Hilarious car. Very fun to drive and a great exhaust note.
However, the finance quote. Car discounted to £26k, 3k in and a monthly of ..... £442!!! :laugh:
I actually laughed out loud.
What was the final payment?
Sometimes wonder if the people working out residual values go conservative when a car manufacturer enters a new market segment.
We bought a new Skoda Yeti in 2010 and the 36 month final payment based on 36K miles was £7.8K. We duly paid it at the end of the term and then sold it privately straight away for £15.7K (It was only £20K new!).
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The gfv was £11k after 48 months. I totally agree with the new car to market. They have no history which makes it difficult to value.
Wouldn’t have expected it to be so high though. Makes you wary even as a cash purchase tbh.
As I said, it’s a shame as the car is great. V v firm ride though.
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i test drove one of the first ones in the UK when they were released in January - Great car, loads of fun but yeah the price was/is insane. I don't think sales have been great, ive only seen 1 on the road since then but they are still refusing to do dealer deposit contributions etc.
Initial figures on the one i test drove at around £470 a month on PCP, absolutely insane...
A shame as it was so fun to drive, maybe in a few years time when im looking to change my GTI and prices have dropped and Hyundai has had a while to develop and fix any issues with the i30n!
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£470pm! Wow. The local dealer told me they’d sold 1. Yep ONE.
Apparently it’s nothing about the finance, it’s badge snobbery that’s hurting sales. :whistle:
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Saw one the other day in that duck egg blue colour, looked really good to be fair..... I wouldn't buy one though but that's just my taste. Give it a few years and they may well tempt me if the car is fast and at a good price point. Has to be nice inside too, main reason I didn't get a Cupra 4drive
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Hyundai and Kia are on the up. 5 or 7 year warranty obviously far better than what VW offer, and it will probably be more reliable than VW too. Interior not quite as nice as VW though.
Would I have one? Well, in the future maybe. But not quite yet, and not at that price.
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Apart from the finance, it was the ride quality that put me off. V firm indeed. The car was surprisingly good. The interior was ok, just. You could tell that the steering wheel wasn’t actually leather but at least Hyundai say it’s artificial from the off.
The blue is really nice in the metal. V unusual and certainly got lots of attention.
I’d be interested if it wasn’t such an unknown quantity residual wise. All I know is that my friend had a Santa Fe and she had more equity than my S3 will have!
Personally, I’ll wait for any TCR developments but keep looking around. I’m developing a list of possibilities!
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Residues may well stay strong if there aren't loads about. But it's a big gamble. Would love a drive in one. Probably wouldn't have one on my drive though as guessing it perhaps doesn't do 'all round' as good as the GTI does.
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My thoughts exactly. It does the hot hatch driver focused thing v well. But, I love the way that a vag hatch can do nearly everything exceptionally well. For me, and most people here, that’s one of the reasons we love these cars. Basically, I went to look at it because of the amazing reviews it’s been getting. It’s well worth a go if you can find one to drive. The badge of the i30N doesn’t bother me in the slightest. If you love cars, you’ll love the i30N. Just couldn’t live with it.
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Only one used on Autotrader, 18-reg performance with minimal miles for £24,495, so residuals holding up ok so far and with so few on the market, I'd suggest they're likely to continue to hold up ok
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Sounds more like someone chancing it while there aren't many - what's the availability of them like? 6 month wait? WLTP problems?
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Just had a call from them with a new offer of £390pm. They said there wasn’t a real wait for the car. In fact I could have one within two weeks. Not sure if this was an order or one they have in stock. Probably the latter as there are v few options to be had. Colour, winter pack and that’s your lot I think.
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Is it really harsh and jittery like one of the Renault Sport Megane's or a Focus RS?
How does the internal space size compare to a Golf?
I genuinely would consider one of these if the timings for my next Golf don't work out...
Maybe that or the dreaded Type R....
But I've not driven any of those.
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Never driven an RS or any Renault Sport but it really stood out as soon as I pulled out of the dealers. My S3, which is a bit like a pogo stick, was like a limo in comparison! To be honest though I drove around entirely in N mode. It’d be difficult to use that mode on normal roads.
Room in the back was ok, probably a little less than the Gti’s I’ve had. No air vent in the back wick seems a bit mean to rear passengers.
The interior leather is artificial and you can tell.
Boot space is comparable to a gti. But there’s a stiffening brace in the boot which gets in the way if you want to fold the seats flat.
I would still consider one but I’ll wait to see the TCR, new ST or an R before making my mind up.
If you like hot hatches, and we all do, it’s definitely worth a drive. Have a go Fred!
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Boot brace? Bar across the tops of the rear shocks?
If so, thats what makes it have a harsh old ride - I had an Almeria GTI with that. Stuck to the road like glue, but was harsh.
Also a pain when it came to big boot loads with the seats down!
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Apparently, you can take it out relatively easily.
Car stuck to the road well but managed to spin the wheels on a couple of occasions.
Be interesting to hear your thoughts Fred if you get chance to take one for a spin.
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Hmmm the Nissan one didn't come out - or at least I wasn't aware it would in the years I had that car.
My interest is big here, I might go see Hyundai next week to see if I can have a play :D
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The Nissan one was fixed Fred.
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I'm pretty sure the original Octavia vRS had a rear strut brace too, although not across the strut tower tops, but diagonal bracing from a horizontal beam in the floor where the rear seats hinged, up to the strut towers. That was far from harsh.
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The general set up of the car is more driver focused than the many vag hot hatches I've had. Not sure how much the brace adds to that firmness. I've read that they're making subtle changes to the year model 19 in terms of ride. I really should have spent a little more time messing the the drive settings tbh to get a more accurate feel.
If there's no TCR news by January I'll go back for another look I think.
There's also a few popping up on auto trader for 23k now. Residuals are unproven to say the least.
I'll probably play it safe and get an R in the end. :laugh:
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£470pm! Wow. The local dealer told me they’d sold 1. Yep ONE.
Apparently it’s nothing about the finance, it’s badge snobbery that’s hurting sales. :whistle:
Badge snobbery drives lack of demand, lack of demand drives poor residuals, poor residuals drive high monthly PCP payments despite reasonable RRP.
The only way to make a high depreciating car reasonable on the monthlies is to offer 0% finance and big discounts.
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Hyundai and Kia are on the up. 5 or 7 year warranty obviously far better than what VW offer, and it will probably be more reliable than VW too. Interior not quite as nice as VW though.
Would I have one? Well, in the future maybe. But not quite yet, and not at that price.
The only Kias and Hyundais with better than average reliability are the rock bottom of the range tiny £7k pensioner shopping trolleys with the absolute minimum level of equipnent and electrics. Once you get into the reasonably equipped sportages etc. reliability is distictly average. Warranty is an insurance scheme - VW can give you a 5 year warranty for £500, i'm sure thet could give you a 7 year warranty for £1000. For Hyundai/Kia its not confidence in amazing reliability - they already priced extended warranty in.
VW don't want to give you access to a 7 year warranty - they already have great new car sales and want us all to keep buying a new one every 3 years. Kia just want you to buy a car, even if you keep it 7 years. Hyundais used to come with 7 year warranty, now its 5 - they didn't get any less reliable, they just got established enough in the UK market enough for a 7 year warranty not to be the primary selling point.
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Hyundai and Kia are on the up. 5 or 7 year warranty obviously far better than what VW offer, and it will probably be more reliable than VW too. Interior not quite as nice as VW though.
Would I have one? Well, in the future maybe. But not quite yet, and not at that price.
The only Kias and Hyundais with better than average reliability are the rock bottom of the range tiny £7k pensioner shopping trolleys with the absolute minimum level of equipnent and electrics. Once you get into the reasonably equipped sportages etc. reliability is distictly average. Warranty is an insurance scheme - VW can give you a 5 year warranty for £500, i'm sure thet could give you a 7 year warranty for £1000. For Hyundai/Kia its not confidence in amazing reliability - they already priced extended warranty in.
VW don't want to give you access to a 7 year warranty - they already have great new car sales and want us all to keep buying a new one every 3 years. Kia just want you to buy a car, even if you keep it 7 years. Hyundais used to come with 7 year warranty, now its 5 - they didn't get any less reliable, they just got established enough in the UK market enough for a 7 year warranty not to be the primary selling point.
I've not had a Hyundai or Kia to be able to speak from experience, but just about every survey I've seen shows VW below both Hyundai and Kia for reliability. I know these things can be down to perception as much as anything else, and therefore surveys should be taken with a pinch of salt. But my Mk5 had poor reliability once it got beyond 5 years old. One problem after another. It's no wonder VW don't want to give you access to a 7 year warranty, it would have cost them thousands on my Mk5. For that reason I doubt I'd keep any VAG car to that age again. I'm not picking on VW, my father's Land Rover wasn't much better. If Kia want to offer a 7 year warranty at no additional cost, then no doubt there are people that will snatch their arm off.
I do seem to recall the slogan 'if only everything in life was as reliable as a Volkswagen'. Seems VW no longer use reliability as a selling point.
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For one horrendous VW at 5-8 years old, there'll be 10 good ones, you don't hear many people broadcssting their glee that their 9 year old Golf has just sailed through its latest MOT. My dad usually keeps his for 6 years/120k miles, and hasn't had to pay for anything major out of warranty yet. I've never kept a new VW (i'm on my 9th) out of warranty to know what might go, but worst I have had is a new turbo on a 2003 Polo 1.9TDI and another Turbo on my R. Never had a fault that has left the car immobilised at the roadside.
There are a fair few exceptions for that 7 year warranty, my colleague has a 6 year old Kia Sportage and the electric sunroof jammed open dufing a torrential downpour. They fixed it but would nit do anything about the incidental soaking the interior got. One of many things wrong with that car. Residuals on the Sportage are reasonable though.
No innovation in a Kia or a Hyundai, most tech is a generation behind the big playwrs like VAG, Ford, GM etc. They just copy old tech as soon as they can -minimising development costs.
I wouldn't have one right now.
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Some interesting point here about the warranties. I plan on keeping my next car for a while so it’s a bonus.
As far as the tech goes, I really wouldn’t expect Hyundai to be leading the way in fairness. It’s not what their price point is about.
Speaking of which, I’ve had another call from them today. New quote, with no changes from me, at £323pm. That’s some climb down. :shocked:
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I keep seeing my local dealer's demo i30N zooming about.
It's in that lovely blue colour and does look a nice car with a lot of cues taken from VW and Audi sporty hatches.
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I don't think Hyundais have ever come with a 7 year warranty, but they were the first company to introduce a 5 year warranty back in 2002. They say on their website that any warranty claims made in the 5th year will be treated the same as a claim being made in the 1st year, which is how it should be. I have a 5 year extended warranty on my Clubsport and it will be interesting to see how VW treat any claim I make in the 5th year. From what I've read recently, people seem to be struggling with making claims in the 1st year, never mind the 5th.
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Good to hear that about the warranty. Not so good about the Vw one. I plan to keep my next car 5-6 years which means I’ll get a personal loan as it’s by far the cheapest route from what I’ve seen. I will need an extended warranty so not good news on the Vw front.
Residuals worry me in that car as it has no history at all. At least I can make a rough prediction with a gti, R, s3 or the mythical TCR (which I’d probably base on any edition model if it’s a limited run).
That blue is really nice in the flesh. It'd look awful on a non performance model though.
I agree on the styling too. They have gone very German hot hatch. Not surprising though.
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It looks German because the guy behind the i30N is German and came from BMW. It's definitely an alternative to look at along with the new A35.
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That’s what I meant by it not being surprising. :grin: