VW PETROL SCANDAL - does it affect mk7 GTI

[Exonian]

It's all very well looking at broker prices, they're fine if you only have a low value part ex or no part ex.
If you have something of significant value to chop in then you need to a) actually get a sale and b) look after your capital and possibly c) sort your existing car finance out into the bargain.
This all affects the deal you're getting so you might find the actual cost to change might not be that different than just going to a decent dealer and getting a good part ex price versus a slightly less discounted new car.

Joe Public aren't that clued up on brokers, and I'm forever telling workmates that "no, there's not a catch and they're not all dodgy" so.
I've recently been getting them coming up to me saying "I've just had a letter from VW saying my car is affected, do you think I'll get compensation?"
My reply "I doubt it and if it's not under warranty then what are you worrying about?"

I think the latest (very annoying) Tesco TV advert kind of sums up your average thick as sh!t retail customer/consumer quite well.

Anyway, on to more interesting things: Congrats Matchboy! That sounds like a nice bit of kit you've just bought. Don't forget to post up some photos.
I can understand where you're coming from with the low prices for VW's right now - the trade are very cagey around VW's due to the general public uncertainty and scaremongering going on.
I reckon the emissions thing will hit VW so hard that the next R will have no visible tailpipes instead of four!!! 

[matchboy]

Anyway, on to more interesting things: Congrats Matchboy! That sounds like a nice bit of kit you've just bought. Don't forget to post up some photos.
I can understand where you're coming from with the low prices for VW's right now - the trade are very cagey around VW's due to the general public uncertainty and scaremongering going on.
I reckon the emissions thing will hit VW so hard that the next R will have no visible tailpipes instead of four!!! 

Thanks!  I will do!  Yep, there was literally no room to haggle - and I have made a LOT of phone calls - prices have been severely affected.  But of course, that only applies if you're looking to sell! And good for buyers!

[monkeyhanger]

Having just sold my R (new car pick up day Saturday woo woo!) I can confirm that the VW scandal has affected prices.  That, along with the flood of R's over the last month, meant it was not worth anywhere near what I had originally predicted (and by that I mean CAP value, looking at similar cars on sale etc etc).  So thanks VW!   

Granted, it will blow over and second hand prices will rise again IMO, but currently I have first hand experience of the scandal affecting part ex prices.  Tarred with the same brush I'm afraid.

You will always get a kicking p/xing a car so young, VW scandal or not. trading in a car at less than 18 months old, there's just not enough headspace between nearly new sticker price and new sticker price to give you a good price and retain a decent margin.

Example. New R is £32k RRP, someone savvy might get it for £28500. 6 months old it might be up for £30k, dealer willing to accept £29k for a sale. To make their customary 15% (20% if they're being greedy), they'll be offering you about £25k. That's at a VW dealership where a VW will attract top money, At a Porsche garage you won't get top whack for a VW.

Didn't fancy a punt selling it privately for somewhere between p/x and retail used price? What did you get for it in the end and how old was it (should have read the whole thread before jumping in - you've had it 13 months? Seems no more than 9 months ago you were talking about getting it).

[matchboy]

Didn't fancy a punt selling it privately for somewhere between p/x and retail used price? What did you get for it in the end and how old was it (should have read the whole thread before jumping in - you've had it 13 months? Seems no more than 9 months ago you were talking about getting it).

I could have sold it privately, but to be honest I couldn't be bothered with the hassle, I find private sales of cars that have a lower value nice and easy, whereby a higher value car is just hassle as if people are spending that kind of money they'd prefer to buy from a dealer for reassurance - unless they're getting a great deal, which, if I'd put it on privately and based on other cars on autotrader, they wouldn't.

It's actually around 15 months ago I was talking about getting it - how time flies eh!  I know I haven't had the R that long, however including the GTI, I've now been in a mk 7 for 34K miles - which if you do average yearly mileage equates to 3 years - so time for a change.  This is no disrespect to the R in any way, its the best car I've ever owned by a country mile!