GolfGTIforum.co.uk
Model specific boards => Golf mk7 => Topic started by: kmpowell on 02 April 2019, 00:08
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That's right folks, VW have snuck in a cheeky little price rise today. New prices and details are now live on the configurator and brochure/pricelist.
On first inspection;
GTi's up £500.
Most options up between £5-£100 each.
:nerd:
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Seen that and there also no longer doing the £1500 towards your deposit. Glad I ordered 3 weeks ago.
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Seen that and there also no longer doing the £1500 towards your deposit. Glad I ordered 3 weeks ago.
No the deposit thing bounces up and down, but usually is highest Jan-April each year - I guess the usual business thing of pushing for sales in the fourth quarter applies to VW as much as anyone else!
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APR has also been dropped by 1% to, I suspect, try and compensate for some of the deposit contribution loss.
All in all though, the car is now more expensive.
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All in all though, the car is now more expensive.
Of course it is! Inflation is real and VW need to cover it or face rapidly diminishing profits.
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All in all though, the car is now more expensive.
Of course it is! Inflation is real and VW need to cover it or face rapidly diminishing profits.
I wish my wages had VW's level of inflation. 10 years ago, the last of the MK5 GTIs had an RRP of £21k, where are we at now for a manual GTI?
Didn't they just put a price rise in around the start of November?
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You are better at maths than me MonkeyHanger....
Here are the German inflation figures for the last ten years.... if you compound these, what do you get:
CPI Germany 2019 1.42 %
CPI Germany 2018 1.73 %
CPI Germany 2017 1.51 %
CPI Germany 2016 0.49 %
CPI Germany 2015 0.23 %
CPI Germany 2014 0.91 %
CPI Germany 2013 1.51 %
CPI Germany 2012 2.01 %
CPI Germany 2011 2.07 %
CPI Germany 2010 1.10 %
CPI Germany 2009 0.32 %
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I averaged out those rates, giving me 1.33% then did a basic compound interest calculation, which basically added £3000 to £21,000....
Thats of course assuming that the actual component cost of a Mk7.5 is the same as a Mk5... there are loads more bells and whistles on a Mk7.5... all of which add to the cost, then chuck in £/E exchange rate buggery...actually ironically 2009 was when the pound fell against the euro anyway lol and was roughly in line with today... haha
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You are better at maths than me MonkeyHanger....
Here are the German inflation figures for the last ten years.... if you compound these, what do you get:
CPI Germany 2019 1.42 %
CPI Germany 2018 1.73 %
CPI Germany 2017 1.51 %
CPI Germany 2016 0.49 %
CPI Germany 2015 0.23 %
CPI Germany 2014 0.91 %
CPI Germany 2013 1.51 %
CPI Germany 2012 2.01 %
CPI Germany 2011 2.07 %
CPI Germany 2010 1.10 %
CPI Germany 2009 0.32 %
Hmmm, for most of those years my 'pay rise' was 0%, 1% or less for 3 and 1.5% once. I think a new GTI is rapidly moving out of my pocket's comfort zone...
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I averaged out those rates, giving me 1.33% then did a basic compound interest calculation, which basically added £3000 to £21,000....
Thats of course assuming that the actual component cost of a Mk7.5 is the same as a Mk5... there are loads more bells and whistles on a Mk7.5... all of which add to the cost, then chuck in £/E exchange rate buggery...actually ironically 2009 was when the pound fell against the euro anyway lol and was roughly in line with today... haha
Lots more bells and whistles, but tech is cheap now and the MK5 was more solid, with the most sophisticated multi link rear suspension the Golf has ever had (which cost a lot in labour to assemble). Just as LED/OLED tellies and other tech get cheaper, so do ACC systems, auto wipers and lights, parking sensors etc. Can't see many MK7s lasting 15 years. A colleague at work drives a fairly tidy 2003 MK4 Golf 130ps 1.9TDI, with 187k miles on the clock.
The current wave of cars from all manufacturers seem built to last 8 years, not 15 years.
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Just been on Drive The Deal. A brand new but standard Golf GTi Performance 5dr dsg is now £28,923 after discount.
A standard SEAT Leon Cupra dsg 5dr is £23,532 after discount. Over £5k less.
A standard Skoda Octavia vRS 5dr dsg is £22,187 after discount. Almost £7k less.
I think it will probably be Skoda or SEAT for me next time if the difference is so great when it's time to change. :undecided:
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You don't get the same standard kit in seat or Skoda that you do in the golf. Nearly, but once you spec like for like the Skoda is virtually the same price.
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Yes the standard vRS is looking a bit basic these days next to the GTi, but there is an extra £3k discount on the Octavia which still makes it cheaper when you consider the bottom line. And it's a bigger car.
Alternatively the vRS Challenge has some standard kit that costs extra on the GTi and is still over £3k less than a basic GTi when you've added the cost of the equipment that the vRS Challenge is missing.
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Hmmm, for most of those years my 'pay rise' was 0%, 1% or less for 3 and 1.5% once. I think a new GTI is rapidly moving out of my pocket's comfort zone...
Tell me about it Watts! Mine was even worse :-(
Even beyond the luxury of a shiny new Golf, things are getting out of hand...
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You don't get the same standard kit in seat or Skoda that you do in the golf. Nearly, but once you spec like for like the Skoda is virtually the same price.
As I keep saying on this subject, the other thing is that Skoda/SEAT finance rates are more too, plus the greater depreciation all in all makes for a very much more expensive total cost of ownership if you plan to have the car for 3 years.
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You don't get the same standard kit in seat or Skoda that you do in the golf. Nearly, but once you spec like for like the Skoda is virtually the same price.
As I keep saying on this subject, the other thing is that Skoda/SEAT finance rates are more too, plus the greater depreciation all in all makes for a very much more expensive total cost of ownership if you plan to have the car for 3 years.
It's a fair point regarding the finance rates. But if buying with cash then i'd be amazed if a standard GTi was worth £5k more than a Leon Cupra after 3 years. I've always measured depreciation in £ lost rather than % retained.
When it comes to standard equipment, you just pay for the options that you actually want. The GTi has a great standard spec, far better than the 'normal' vRS, but there's only value in that if you wanted all that equipment to begin with. If you do want that kit then a it probably makes more sense to compare the GTi to the vRS Challenge. With those two it's swings and roundabouts on standard equipment but the vRS Challenge is nearly £5k cheaper after discount.
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Genuinely surprised about these figures.... 3 years, 20k per annum:
Octavia Estate 2.0TSi 245 GPF SS €6 vRS Challenge 6Spd 19MY
P11D £30,715
Residual value £11025
Insurance group 29
Fuel Type Petrol
Cost per mile
49.92ppm
Fuel 13.18ppm
Depreciation 32.82ppm
Service maintenance and repair 3.9ppm
Golf Hatch 5Dr 2.0TSI 245 SS GTi Performance DSG7 19MY
P11D £35,450
Residual value £11325
Insurance group 33
Fuel Type Petrol
Cost per mile
57.40ppm
Fuel 12.21ppm
Depreciation 40.21ppm
Service maintenance and repair 5.0ppm
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Are those residual figures right? The 3 year/30k mile GFV is higher than £11325, surely? I'd expect £1500 more than GFV if p/xing. Golf has generally had a GFV of about 48% of RRP.
For my 46 month old Golf R, I'm getting Tootle offers of £17200 and the local VW dealership offered £16k.
I'd be gutted if I bought a £32k Golf for £28k and it was worth £11500 after 3 years.
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Those are fleet residual value figures, not fantasy GFV's from VAGFS.
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Those are fleet residual value figures, not fantasy GFV's from VAGFS.
But fleet residuals are probably based on fleet purchase prices which will be some way lower than £28K.
In my own motoring world I have always sold cars at the end of the finance period for more than the GFV's and some times A LOT MORE (£6.5K above GVF a few years back). I even sold an Octavia vRS CR estate at 4.5 years for £250 more than the final finance payment I had had to pay at 3 years.
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But we know GFV is gamed by VWFS don't we? Its a gamble on their part and sometimes you as a customer win and sometimes VWFS lose. The only thing that doesn't happen is the customer owing more than the GFV. There's a lot of gaming in that both to cover their own asses and to reduce the monthlies for the customer making them more likely to purchase - sales promotion.
Fleet Residuals are what they expect to get at auction I'd imagine - because that is how they dispose of them, because that is the most cost effective way for them to get it off of the books - they aren't going to bugger around with hauling round dealers or sticking it on ebay or something.
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Yes this is true, though the most obvious change was removing options from the GFW meaning it's almost impossible to get a lower price unless you've abused the car and done way over the mileage.
The down side being that your monthly payments increase substantially if you get a bit excited with the options tick boxes, e.g. Met paint is roughly £25/month extra over three years, DCC is roughly £24/month and Dynaudio £16/month. It's not difficult to get a standard £300/month car up to £400+/month.
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Woah.... you mean that basically you pay 100% for the options over the course of the PCP and GFV is just the base spec?
That's naughty.
So basically if you have any options then selling rather than handing back is going to yield results?
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Anyway, as a PCPer, you aren't going to suffer a lower price than GFV, so fleet price after 3 years is not representative of what the consumer expects to lose in depreciation.
My almost 4 year old Golf R is available and Pulman offered me £16k for it. A performance car specialist on Tootle has offered me £17300. GFV on a 4 year old R right now? haven't checked, but it's probably in the region of £13500-£14000.
Similarly, GFV for a 3 year old GTI with 30k miles is probably sitting at £14k.
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Just been on the DrivetheDeal website and there are no manual versions of the Gti listed even though the manual is
on the VW configurator - any clues ? - temporary glitch ?
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Quite a few models were due to close for ordering on the 4th of April the Manual GTI being one of them .......
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Quite a few models were due to close for ordering on the 4th of April the Manual GTI being one of them .......
Permanently close?
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Sorry I checked last night and official close for ordering date for manual GTI is the 10th but it would close early if they took enough orders.
It will not return....... until MK8 GTI in some form
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Another nail in the coffin for the manual box. I wouldn’t be surprised if they pulled it from the mk8
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Another nail in the coffin for the manual box. I wouldn’t be surprised if they pulled it from the mk8
Agreed. I’d be surprised if there’s a manual Mk8 gti and that would be a real shame.
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I wouldn't be surprised either. Just disappointed :sad:
It's another way of keeping costs down by simplifying production lines, while at the same time getting customers to pay more for their cars. I'm not a fan personally although inevitably there will come a time when the only choice will be to embrace it or look elsewhere :undecided:
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Is there anything about the Mk7.5 GTI gearbox/clutch that's different to say a 1.5 TSI Golf?
I know the DSG box is different, but just wondering if the manual is different - ie higher strength?
Its only a matter of time before emission controls and driving automation mean manual is a thing of the past, whether that moment is upon us now, I don't know...
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Another nail in the coffin for the manual box. I wouldn’t be surprised if they pulled it from the mk8
Agreed. I’d be surprised if there’s a manual Mk8 gti and that would be a real shame.
I'd think there will be a manual still. I read an article that said sales were about 50/50 for manual and DSG. So VW have to give the buyers what they want. Porsche are also sticking with manuals.
If you do a quick Autotrader search backs that up in more favour of the manual - Golf, GTI, Min Year 2013. Currently, for sale are 279 manual cars and 244 autos.
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Another nail in the coffin for the manual box. I wouldn’t be surprised if they pulled it from the mk8
Agreed. I’d be surprised if there’s a manual Mk8 gti and that would be a real shame.
I'd think there will be a manual still. I read an article that said sales were about 50/50 for manual and DSG. So VW have to give the buyers what they want. Porsche are also sticking with manuals.
If you do a quick Autotrader search backs that up in more favour of the manual - Golf, GTI, Min Year 2013. Currently, for sale are 279 manual cars and 244 autos.
I was also surprised to read this 50/50 split. I thought most cars were ordered DSG.
The question VW will ask is whether they will lose customers by not offering a manual- many will just accept that it's DSG if you want a golf gti. That's the way it is.
What has surprised me is how many DSG owners- on this forum- are so enthusiastic about DSG- "I ain't never going back to manual!" These are driving enthusiasts. If you can't convince them to buy manual you won't convince anyone else.
All performance variants now are DSG only- R, GTD, TCR and now Performance.
Manual is dead- my money is on mk8 being DSG only.
I'm very pleased I ordered mine when I did!
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I think most people will have chosen manual, when given the option, simply because of the cost of adding DSG.
Plain and simple.
If you delete the option for manual.... you upsell more VW? Plus delete complications of logistics from your buy/build process.
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Another nail in the coffin for the manual box. I wouldn’t be surprised if they pulled it from the mk8
Agreed. I’d be surprised if there’s a manual Mk8 gti and that would be a real shame.
I'd think there will be a manual still. I read an article that said sales were about 50/50 for manual and DSG. So VW have to give the buyers what they want. Porsche are also sticking with manuals.
If you do a quick Autotrader search backs that up in more favour of the manual - Golf, GTI, Min Year 2013. Currently, for sale are 279 manual cars and 244 autos.
Really not sure there'll be a manual if VW think they can get away with not supplying one and not losing custom. For the new Polo GTI, although it was introduced late, a manual box is available for it in other markets (including Germany/Czech republic), yet VW UK won't request it for the UK market.. Could be the same for MK8 Golf GTI and perhaps VW are testing the waters now by canning the manual box for run out MK7 GTIs and seeing how demand is affected by the lack of a manual option?
For the R, the selling point for DSG was the slightly increased 0-62 speed via launch control, no such difference for the HTI was there?
These emissions tests seem skewed to me - the manual variant of any VW I've had has always beaten the DSG variant in mpg when I've had either my dad's car or a courtesy car - yet simulated tests tell another story.
The clutches fitted to manual performance Golfs right now is also shocking, which helps people decide for themselves that they'd rather pay for DSG than a replacement clutch at 30k miles.
DSG only for MK8? Highly likely.
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These emissions tests seem skewed to me - the manual variant of any VW I've had has always beaten the DSG variant in mpg when I've had either my dad's car or a courtesy car - yet simulated tests tell another story.
It is a bit weird I must say.
In the "olden days" only BMW used to tell you that automatics were better CO2 than manuals (probably buggery going on there) under the old EU test regime. Under WLTP, it seems all autos are better - but I remember something about the test regime that makes manual have some issues, because of human input rather than a machine in auto/dsg...
The clutches fitted to manual performance Golfs right now is also shocking, which helps people decide for themselves that they'd rather pay for DSG than a replacement clutch at 30k miles.
Hmmm my last GTD lasted until 65k on the OEM clutch.... no problems... and then it went back, so I don't know after that.
Remember that VW have already binned manual GTD's (as well as adding AdBlu)
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I really enjoy driving my manual, having said that it doesn't mean I wouldn't enjoy a DSG. But I would like to have the choice. That's assuming I'll be able to afford a new one with the rate the prices are going up :rolleyes:
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Hmmm my last GTD lasted until 65k on the OEM clutch.... no problems... and then it went back, so I don't know after that.
Remember that VW have already binned manual GTD's (as well as adding AdBlu)
The GTD is the exception to the rule - that clutch is hard as nails- so many people added a tuning box (myself included), and not a single forum reported slipping clutch on a manual GTD chipped or boxed that I'm aware of. Yet stock manual Rs aren't averse to clutch slip and it seems a certainty on modded manual GTIs.
Some bean counter at VW cocked up by not giving us a cheaper clutch to save VW 50p per GTD.