GolfGTIforum.co.uk
Model specific boards => Golf mk5 => Topic started by: CHRIS-M07GTI on 03 October 2007, 00:18
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In April,picked up my £27500 specked gti 3 dr with dsg,recaros,xenons,monza2 wheels,winter pack,ipod conn,rear tints etc,and paid £25750 inc supaguard cash,good deal and well happy with motor(7300mls at mo),today asked for a price to swap for similar speck ed30 or R32 5dr as wife is 8mths pregnant,and its a nightmare with the recaros to get a car seat into the rear,(I love the recaros though,best seats ever imo) and they offered me £21000 :sick: I nearly fell off the chair and asked if he was taking the pi$$ and would he accept that price if he was in my shoes!!! he agreed, but said his boss had looked into it and came up with this price.
Am i right to be alarmed with this price? in my eyes it is a huge hit on a excellent car that is suppossed to hold its value very well.
Also,he said they take the price i paid in cash and work down,ie £25750 not the £27500.They accepted the cash after i went and haggled at 4 vw dealers to get the price down with a excellent spec.
Your opinions are appriciated guys and dolls.
Chris.
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I was offered a similar amount by my local friendly (RIP-OFF) stealers for my almostly fully-loaded £27.5k Edition 30 after only having it 7 weeks! I told them where they could stick their cash and went to Solihull VW who gave me a better offer - although still not tha good. Considering you got a large discount - that was a miracle in itself - I think what they are offering you is good for a dealer - but ask other dealers. Selling it private will be a headache if you are in a hurry, although you might get more for it.
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Cheers Illyun,
I think £23000 would be acceptable in my eyes,a £3000 hit in 7months 7300mls at the cash price of £25750.
Chris.
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So us losing 7k in 1.5yrs is not too bad then. Hmmmm and i thought it was painfull! The problem is the extras lists that all car dealers have now - these were not anywhere near as long, not so many years ago and it is so easy to take a 21k car into the class above by making it 25-27k! This seems to be where on trade in people lose so much cash.
If i was going to spec up a car in this way i think in future i would look for something at 25-27k Ie an R32 or an new S3! But hey thats just me everyones diferent.
All i went for was DSG ,18s and CD changer on my 05 GTi.
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Everyone seems to give the dealers (stealers?) such a good kicking.
Has anyone thought about the other side of life? Running a huge dealership and its associated expenses, expected to know every single minute aspect of every single car when you're selling 100 different variations. Having all of us guys walk in and tell them that blahblahblah.com will do whatever GTI for thousands less than list and why won't you match it. Offering back up to fussy idiots that complain about everything because it's under warranty.
I know that there are rubbish dealers out there but give the good ones a chance and understand that you won't get anywhere near private sale money for your car because they 'HAVE TO MAKE A PROFIT BECAUSE THEY'RE RUNNING A BUSINESS'.
It's become a thankless task being a car dealer and I don't blame dealerships for offering low on a trade-in deal on the first ask. You need to negotiate and as it's likely to be an ongoing relationship it would be good to build a rapport with your dealer.
I was recently offered 3k for a Clio 172 against 20k for an Edition 30. We talked, thrashed it out and I got 4k for the Clio and I paid 18k for the Edition 30. It took a week, everyone was polite, everyone did their 'sales patter' job done, everyone happy.
Have a go!
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I was told to expext around £20600 for my 07 ED30 with 4500k. This was from the VW sales guy (who I bought the car from) and that was 'top book'. Now I don't know if he's feeding me rubbish but he did say they 'try' and clear £1500 on a second hand car :huh
I only asked about the price because I was tempted by a TT quatro sport (which was at a Audi dealership), they offered me a straight swap for the ED30 against it. The TT was up at £19995, 06 with 20k. I'm not parting with the ED30 now though.
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it just shows how much ANY car losses when you drive it off the forecourt, thats why i will never buy brand spanking new cus i just cant see the point, go near new, 1 year old, less money lost. i was offered £18100 recently for my 05 at a VW dealer against an ed30, ive had mine a year now and only paid £22k at the start.so ive lost less then buying brand new on CHRIS-M07GTI figures.Still painfull non the less :sad:
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Yep - they drop like a stone in the first year and half. I knew this when i bought mine and know i will have to keep it for 3 years for the payments to match the depreciation. Keep this in mind and buying new makes sense especially as you get the 3 year warranty benefit. Just hope the Audi RS3 is available in three years though :smiley:
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Yeah i am in same boat mate ollie - i have to wait for my payment to match depreciation or wait for the halfs agreement (assuming you know about this) but i can hand my car back in 6 months no questions - even though i owe more than its worth!
Most dealerships dont tell you about this but it is in every finance agreement.
Sorry speedynz - but dealers do RIP PEOPLE OFF FACT!!!
BUT>>> If you want a new car you have to pay for it!!!
And if you want a VW you have to pay for it badge and all!
If you want a cheap car go and buy a KIA RIO!
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Welcome back Ollieb7 :smiley:
In SA you can get around R220 000 for a 2 year old GTI. And considering you pay about R270 000 for a high specced car I would say that is reasonably good?
:undecided:
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No one in the trade will buy or sell for their loss, I thought I would get a few figures for my GTI as both me
and the wife work in a local dealers (not VW) so I approached some traders for bids on my car. Here is the findings,
GTI Bought by me, Feb07 £18750 VW Dealer (spec in sig, mileage at purchase 8500)
Bid 1 in Sep07 VW specialist trader £14750 (with 17" wheels, mileage now 12000)
Bid 2 in Sep07 regular used car trader £15250 (with 17" wheels, mileage now 12000)
Bid 3 in Oct07 P/ex price against more costly BMW at BMW dealer £15775 (as seen with 18" wheels, miles 12000 now)
This was no haggling, just a simple bid system without the traders even seeing the car, the only true visual valuation was the BMW dealer.
This is only for info but basically the general consensus from the motor trade folk is that things suck at the moment so unless you are buying something they need to shift then you will get an average to poor deal, only bonus available at moment is volume not price related!
As previously stated, this is just for information and in no way based on anything other than what I have experienced personally.
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No one in the trade will buy or sell for their loss, I thought I would get a few figures for my GTI as both me
and the wife work in a local dealers (not VW) so I approached some traders for bids on my car. Here is the findings,
GTI Bought by me, Feb07 £18750 VW Dealer (spec in sig, mileage at purchase 8500)
Bid 1 in Sep07 VW specialist trader £14750 (with 17" wheels, mileage now 12000)
Bid 2 in Sep07 regular used car trader £15250 (with 17" wheels, mileage now 12000)
Bid 3 in Oct07 P/ex price against more costly BMW at BMW dealer £15775 (as seen with 18" wheels, miles 12000 now)
This was no haggling, just a simple bid system without the traders even seeing the car, the only true visual valuation was the BMW dealer.
This is only for info but basically the general consensus from the motor trade folk is that things suck at the moment so unless you are buying something they need to shift then you will get an average to poor deal, only bonus available at moment is volume not price related!
As previously stated, this is just for information and in no way based on anything other than what I have experienced personally.
If this is the kind of return you get on a car thats supposed to hold its value thats rediculous!! I had previously thought I would consider buying a gti/r32 when my lease expires.... but after reading many of the previous posts, I dont think I would bother! I know exactly how much my car is going to cost me over the 2yrs and have no worries about tax (which is paid for) or anything going wrong as everything is under warranty. I have a brand new r32 on my driveway for approx 9k over the 2yrs (4.5k per year). So i am quite glad im not loosing anything like the money you guys have stated... :smug:
Like i have said previously.. leasing is the way forward.. :cool:
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Leasing or PCP with a guaranteed future value (if you are in positive equity or are willing to wait till the agreement ends) are 'fairly' safe ways of vehicle funding at the moment. Deals can be had but they are mainly targeted at products that are not shifting well or are about to be replaced/facelifted, especially SAV, SUV type vehicles with poor emissions and large petrol engines!
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
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that looks like a good offer, look at this one advertised privately!!
http://www.pistonheads.com/sales/256916.htm
your offer is higher than they are advetising the car privately!!!
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PCP deals as far as I know are not really worth it.. as you are still paying for the car in full! Leasing however means you are only paying the amount the car will loose over the given period of your lease. In terms of list, my car was worth about 28k. After two years it will be worth approx 19k. However as the car goes back to the dealers at the end of this period they will probably sell for around 22k for a healthy profit on both accounts.
The secret to leasing is that your only paying for the money the car looses. The rest is subsidised by the dealers who get the car back and sell on for a profit.
I have previously leased a renault megan for 2 yrs. At the end of the lease i was offered the car for a trade price which was approx 2k cheaper than listed on autotrader. So i bought the car from them and made a healthy 2k profit. When offset against the price paid over the two years it meant i literally paid peanuts for the car!! :smug:
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
I totally disagree!! You almost had me feeling sorry for dealers there for a minute.. Lets just remeber they make approx 30% on a new vehicle.. oh yeah and lets not forget that they have to pay for their fancy sales forecourts, coffee machines and petrol for most of there reps to abuse a pick of used/demonstrator cars. Thats a profit of approx 8.5k per car... oh how difficult their lives must be!! providing such a brilliant level of service and always being willing to help... or is that just when they see a reoccuring revenue stream appearing from our pockets?? :sick:
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Pcp is okay in positive equity as at the end of the deal you hand back the vehicle for the GFV and you have only financed a proportion of the vehicles value, yes you pay interest on the proportion you are financing but in the real world you do not get something for nothing! Even a lease (business or personal) allows money to be made by the lease company or else they would not be available. It is all margins, volume bonus for new registrations, taking from the top or the bottom of the deal in used car trading, financing, etc, all to make money for the manufacturers, dealers, finance houses, banks and all the rest! Vicious cirle sadly! :sad:
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Sorry, vicious circle is what I should have put!
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
you are selling yours already???
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
I totally disagree!! You almost had me feeling sorry for dealers there for a minute.. Lets just remeber they make approx 30% on a new vehicle.. oh yeah and lets not forget that they have to pay for their fancy sales forecourts, coffee machines and petrol for most of there reps to abuse a pick of used/demonstrator cars. Thats a profit of approx 8.5k per car... oh how difficult their lives must be!! providing such a brilliant level of service and always being willing to help... or is that just when they see a reoccuring revenue stream appearing from our pockets?? :sick:
A dealer does not have a gross margin of 30% on a new GTI - you're showing complete ignorance if you think they do.
A VW dealership is lucky to make 2% net margin on all their activities over a year, and may only make 0.5% net margin overall in a poor year
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you are selling yours already???
'fraid so - not my ideal choice, but my fiance's car is getting past it's best, and we've been offered a great trade in for both her 3 yr old TT and the Edition 30 - getting a nearly new Mk2 3.2 V6 TT Quattro in Sprint Blue...DSG, magnetic ride dampers, adaptive bi-xenons...all the toys!
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Fair play, I love the new TT, drove a standard 2.0 TFSI with turbine wheels and short shift sport box, it was a sweet machine and well crafted/sculpted, I bet the 3.2 with magnetic ride is a beauty! Please post a pic when you have it! :wink:
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Reference pic (not of actual car, but very close :nerd: )
(http://i6.photobucket.com/albums/y223/phope1/highresimagekp3.jpg)
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
I totally disagree!! You almost had me feeling sorry for dealers there for a minute.. Lets just remeber they make approx 30% on a new vehicle.. oh yeah and lets not forget that they have to pay for their fancy sales forecourts, coffee machines and petrol for most of there reps to abuse a pick of used/demonstrator cars. Thats a profit of approx 8.5k per car... oh how difficult their lives must be!! providing such a brilliant level of service and always being willing to help... or is that just when they see a reoccuring revenue stream appearing from our pockets?? :sick:
A dealer does not have a gross margin of 30% on a new GTI - you're showing complete ignorance if you think they do.
A VW dealership is lucky to make 2% net margin on all their activities over a year, and may only make 0.5% net margin overall in a poor year
How they spend their money is of no concern to me! I had a copy of my order sheet given to me (as I demanded to see that my extras were listed correctly) and the price they paid VW in Germany for the car was 21.5k and the list was approx 28k. I work that out as an approx of 30%. Lets not get twisted here and wonder about how much the "dealership" makes. the majority of their percentage is eaten up by sales staff and cost no doubt, but VW still makes their money as does everyone who works there! So they are all winners! Its the customer who is paying for all this ...
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Phope,
Yep, I could definately live with a new TT :drool:, is yours fitted with the turbine alloys as per the picture?
What interior colour for seats etc ?
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
I totally disagree!! You almost had me feeling sorry for dealers there for a minute.. Lets just remeber they make approx 30% on a new vehicle.. oh yeah and lets not forget that they have to pay for their fancy sales forecourts, coffee machines and petrol for most of there reps to abuse a pick of used/demonstrator cars. Thats a profit of approx 8.5k per car... oh how difficult their lives must be!! providing such a brilliant level of service and always being willing to help... or is that just when they see a reoccuring revenue stream appearing from our pockets?? :sick:
A dealer does not have a gross margin of 30% on a new GTI - you're showing complete ignorance if you think they do.
A VW dealership is lucky to make 2% net margin on all their activities over a year, and may only make 0.5% net margin overall in a poor year
How they spend their money is of no concern to me! I had a copy of my order sheet given to me (as I demanded to see that my extras were listed correctly) and the price they paid VW in Germany for the car was 21.5k and the list was approx 28k. I work that out as an approx of 30%. Lets not get twisted here and wonder about how much the "dealership" makes. the majority of their percentage is eaten up by sales staff and cost no doubt, but VW still makes their money as does everyone who works there! So they are all winners! Its the customer who is paying for all this ...
Really...the customer pays??? imagine that...a business that gets it's money from customers - that will never catch on :grin:
You conveniently forget about VAT being included in the £28k...just around £4000 of your supposed dealer profit is tax :rolleyes:
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March 07 - bought Edition 30 for £24k
October 07 - Edition 30 being traded as part of a deal for £21,695
I'd imagine they will add £1000-£1500 to forecourt price, and have some margin to play with when negotiating with prospective buyer - that £1500 may only become £750 or so once the buyer has negotiated a deal for their car
From that, they have to pay salesman, pay for car to be prepped, transport costs, storage costs, pay other staff costs, and every other overhead that the business incurs, before leaving them with a gross profit that then will be taxed...and all of that before trying to ensure that they couldn't get a better return for the business by simply leaving the owner's cash in the bank, earning interest for doing nothing
I don't think my offer is too bad considering all that ...I wouldn't want to be a used car dealer.
I know what some motor dealers earn in margins, given that I work in banking and often get to see their audited accounts...it's not as much as you imagine.
I totally disagree!! You almost had me feeling sorry for dealers there for a minute.. Lets just remeber they make approx 30% on a new vehicle.. oh yeah and lets not forget that they have to pay for their fancy sales forecourts, coffee machines and petrol for most of there reps to abuse a pick of used/demonstrator cars. Thats a profit of approx 8.5k per car... oh how difficult their lives must be!! providing such a brilliant level of service and always being willing to help... or is that just when they see a reoccuring revenue stream appearing from our pockets?? :sick:
A dealer does not have a gross margin of 30% on a new GTI - you're showing complete ignorance if you think they do.
A VW dealership is lucky to make 2% net margin on all their activities over a year, and may only make 0.5% net margin overall in a poor year
How they spend their money is of no concern to me! I had a copy of my order sheet given to me (as I demanded to see that my extras were listed correctly) and the price they paid VW in Germany for the car was 21.5k and the list was approx 28k. I work that out as an approx of 30%. Lets not get twisted here and wonder about how much the "dealership" makes. the majority of their percentage is eaten up by sales staff and cost no doubt, but VW still makes their money as does everyone who works there! So they are all winners! Its the customer who is paying for all this ...
Really...the customer pays??? imagine that...a business that gets it's money from customers - that will never catch on :grin:
You conveniently forget about VAT being included in the £28k...just around £4000 of your supposed dealer profit is tax :rolleyes:
Oh silly me! only £4000 being profit?? So they dont offset any of their costs against that.. :rolleyes: A dealership may only make £1 a year but that still makes it a viable business!
Back to my main point which is the simple fact that even for a £4k profit service levels are sub standard and they will offer you peanuts for a car that previously they told you would hold its value! Thats what we know in the business world as bulldoodoo! Dont get me wrong everyone does it.. they just claim to lie about it afterwards to your face :sick:
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go and look up definitions of turnover, cost of sales, risk-adjusted Rate of Return, and return on capital employed on t'internet
a business which makes £1 is not a viable business :rolleyes:
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yawn, zzzzzzzzzzzzzzzzzzzz this has become a very boring thread :evil:
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go and look up definitions of turnover, cost of sales, risk-adjusted Rate of Return, and return on capital employed on t'internet
a business which makes £1 is not a viable business :rolleyes:
If you insist on taking things out of context then.. yes a business making £1 is a viable business. I have a business I just set one up for the prime purpose of proving this to you. My business costs me nothing to set up. Has no running costs. And pays no wages. But makes £1 net (paid by my friend for this service) after my friend has stopped laughing at the stoopidness direction you have taken this post for no apparent reason other than to prove either;
a. Your fantastic business acumin
or
b. Your way of condoning to yourself that the sum you paid to the dealer is "so worth it" and you cant wait for him to buy the car back from you and tell you how that, thats all its worth... leaving you to consider how hes living on the bread line in an attempt to take you car off your hands for you.
Either way you are a looser. And I my friend, are one whole pound richer :evil:
Keep the posts coming.. another million of so I think I can put my feet up for good :laugh:
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The problem is you're expecting the additional wonga you spent on extra's to be taken into account :cry:
I thought it was common knowledge that there are worth almost diddly squat when you come to sell a car. 1-2K max maybe - nowhere near 6K or so that you specced the car up to be.
I'll bet a 'bog standard' car wouldn't lose anywhere near as much over the same period.
So not wanting to be rude or anything but ...
a) You can't expect the extra's you added to be worth anything near like as much come resale (probably most folk just want 18's)
b) What the heck were you doing spending almost 27K on a golf for ... they are fantastic cars but 27K .. jeeso!
Try the resale on a 27K Mondeo or Vectra .. that'll make you wince :grin:
Avalyn.
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R32UK - not really...I got a better price out of them after their first offer partly because I do understand a little about their economics instead of spouting crap about 30% margins on t'internet - I couldn't care less about their breadline, as I know I got a fair deal for the trade
Enjoy your £1 - hope the effort was worth it :evil:
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R32UK - not really...I got a better price out of them after their first offer partly because I do understand a little about their economics instead of spouting crap about 30% margins on t'internet - I couldn't care less about their breadline, as I know I got a fair deal for the trade
Enjoy your £1 - hope the effort was worth it :evil:
1. I didnt get my car through the t`internet
2. You dont get a better deal by knowing "their economics"
3. Either way they will never give you what your car is really worth because they have to make a profit.
They just make the deal seem more attractive.. but if your happy loosing money, then your happy! you should try earning a £1 much more rewarding :grin: thankyouthankyou
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R32UK - not really...I got a better price out of them after their first offer partly because I do understand a little about their economics instead of spouting crap about 30% margins on t'internet - I couldn't care less about their breadline, as I know I got a fair deal for the trade
Enjoy your £1 - hope the effort was worth it :evil:
1. I didnt get my car through the t`internet
2. You dont get a better deal by knowing "their economics"
3. Either way they will never give you what your car is really worth because they have to make a profit.
They just make the deal seem more attractive.. but if your happy loosing money, then your happy! you should try earning a £1 much more rewarding :grin: thankyouthankyou
R32UK, nothing you say makes any sense, you're deluded.
phope, you got a very good deal on your ED 30 and you talk good sense too.
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The problem is you're expecting the additional wonga you spent on extra's to be taken into account :cry:
I thought it was common knowledge that there are worth almost diddly squat when you come to sell a car. 1-2K max maybe - nowhere near 6K or so that you specced the car up to be.
I'll bet a 'bog standard' car wouldn't lose anywhere near as much over the same period.
So not wanting to be rude or anything but ...
a) You can't expect the extra's you added to be worth anything near like as much come resale (probably most folk just want 18's)
b) What the heck were you doing spending almost 27K on a golf for ... they are fantastic cars but 27K .. jeeso!
Try the resale on a 27K Mondeo or Vectra .. that'll make you wince :grin:
Avalyn.
I agree with everything you say. 27k for a Golf is crazy money. Who on earth is gonna pay 23 / 24 / 25k for a used GTI even if it is specced to the hilt?
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i did, 23k specc'ed to the hilt, and because of its xtra's is now worth 4k more for same reg in basic form. im happy :smiley:
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i did, 23k specc'ed to the hilt, and because of its xtra's is now worth 4k more for same reg in basic form. im happy :smiley:
Really??
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Well as they say...there's always one ;)
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yes, im chuffed with mine, although if ed30 came out same time as standard,then i would of had a purchase dilema!. i'm now waiting for a year old ed30 to appear with good spec to appear, 1 year fast approaching, to then pick up a bargain high spec one at a bargain price.
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I doubt you'll find it's still worth 4k more.
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mine was valued 3 weeks ago at £18100 reflex at main dealer. Book value for mine is £14500 standard. sorry mate, but have to correct you on this on :smug:
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mine was valued 3 weeks ago at £18100 reflex at main dealer. Book value for mine is £14500 standard. sorry mate, but have to correct you on this on :smug:
Why didn't you rip their hands off?
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because the only ed30 they had was a basic spec one for £22000, with absolutly no extra's except DSG fitted. When im used to have all the toys and jump into same car with nowt, you'll know why i didnt snap his hand off.im waiting for a good spec to appear, ok, monthly im losing on mine, but i dont mind waiting.
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Welcome back Ollieb7 :smiley:
Thanks - never been away really - just had less to say since the Golf has become more every day - been mostly round the air cooled world these days as me and the wife have just purchased this :kiss: :kiss: Got the engine in since this pic - brand new 1600 with a warranty - not bad for a 51 year old car!
(http://i15.photobucket.com/albums/a355/OllieB7/ovalnearlythere0171-1.jpg)
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Wow that looks great Ollie.
What happened to the camper? Or the microvan you had? Still got it? Cos i think it had some major potential.
Wait.... It was you who had the van right? :undecided:
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i paid 16400 for mine from bradford JCT600 took it to my local stealer and offered me 16500 trade 4 months later!! haha :laugh:
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R32UK - not really...I got a better price out of them after their first offer partly because I do understand a little about their economics instead of spouting crap about 30% margins on t'internet - I couldn't care less about their breadline, as I know I got a fair deal for the trade
Enjoy your £1 - hope the effort was worth it :evil:
1. I didnt get my car through the t`internet
2. You dont get a better deal by knowing "their economics"
3. Either way they will never give you what your car is really worth because they have to make a profit.
They just make the deal seem more attractive.. but if your happy loosing money, then your happy! you should try earning a £1 much more rewarding :grin: thankyouthankyou
R32UK, nothing you say makes any sense, you're deluded.
phope, you got a very good deal on your ED 30 and you talk good sense too.
Dude if you have a comment to make atleast make a valid one with some kind of justification... I made three points above, and all are correct and can be justified. What phope paid for his ED30 has nothing to do with me and was never commented on in the first place.
Deluded?? I think you may well be! :grin:
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Wow that looks great Ollie.
What happened to the camper? Or the microvan you had? Still got it? Cos i think it had some major potential.
Wait.... It was you who had the van right? :undecided:
Beetle is to keep the van company! :smiley:
(http://i15.photobucket.com/albums/a355/OllieB7/Beamer020.jpg)
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yes, im chuffed with mine, although if ed30 came out same time as standard,then i would of had a purchase dilema!. i'm now waiting for a year old ed30 to appear with good spec to appear, 1 year fast approaching, to then pick up a bargain high spec one at a bargain price.
but surely you have proven that a high spec one will be £4k more expensive. You are buying and selling on the same market, therfore what you gain on one you shell out on the other.
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god the mk5 forum is gettin seriously boring now!!!!!! :cry:
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god the mk5 forum is gettin seriously boring now!!!!!! :cry:
:angry:
I agree..... lol
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god the mk5 forum is gettin seriously boring now!!!!!! :cry:
:angry:
I agree..... lol
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Ok.... Personally a bunch of wealthy men never did excite me.....
But it just seems that people are running out of things to say...