Author Topic: Px values?  (Read 3740 times)

Offline Bobnaldo

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Px values?
« on: 06 October 2009, 12:43 »
Hi

Been quoted 16,500 as a px for my 08 GTI, with 18,000 miles on it.

Bit of a long shot, but any ideas what that could be in June with say 28,000 miles on it and again the following June with say 44,000 miles on it?

Just with used prices being so high, just weighing up when's the best time to change.

Thank you

Rob

Offline dubber36

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Re: Px values?
« Reply #1 on: 06 October 2009, 13:30 »
There's never a good time to change cars, the dealer will always come out on top.

You may well get good money for your car next June, but over the next 12 months your new 2010 car will lose you far more money than your current car will.
« Last Edit: 06 October 2009, 16:06 by dubber36 »
Red Mk6 gone replaced with a white Mk7 which has gone too. Green Mk2 here to stay.

Offline Bobnaldo

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Re: Px values?
« Reply #2 on: 06 October 2009, 13:41 »
Just trying to maximise the difference between what I owe and what it's worth. The bigger the difference the larger my deposit for my next car.

If our cars are artificially a bit high now, it might be the best time to trade?

Offline dubber36

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Re: Px values?
« Reply #3 on: 06 October 2009, 15:35 »
Why not keep it and pay it off?

It's all too easy to roll one finance deal into another and lose track of how much things are actually costing.

I suppose I don't like borrowing money, and hate the monthly commitment of having to make the repayments.
« Last Edit: 06 October 2009, 16:05 by dubber36 »
Red Mk6 gone replaced with a white Mk7 which has gone too. Green Mk2 here to stay.

Offline FamilyDub

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Re: Px values?
« Reply #4 on: 06 October 2009, 15:37 »
The dealer will always come out on top

Correct.

If our cars are artificially a bit high now, it might be the best time to trade?

How much do you want a new car...? And what new car are you considering?

If it's a Mk5.5 Mk6, I personally wouldn't bother.





Also, when you misplace something you 'lose' it. It has one 'o'.... Sorry, bugs me :afro:
MKV GTI | Reflex Silver | 5-dr | Anthracite 17" | Manual | Highline MFD | Cruise | Revision 'D' DV | Dirty Pipes |

The GTD is like a blow up doll. The GTI is like a proper woman. Sure the doll might last longer, and the woman might have higher running costs, but which would you rather have?

Offline Bobnaldo

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Re: Px values?
« Reply #5 on: 06 October 2009, 15:40 »
My office has changed, so I'm now spending 2 hours a day sat in traffic so fancy a dsg next.

I don't mind paying a monthly cost as I get a car allowance, just thinking if it's currently worth the most it'll ever be, may as well trade it sooner and start enjoying the dsg, if that makes sense?

Offline dubber36

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Re: Px values?
« Reply #6 on: 06 October 2009, 16:05 »

Also, when you misplace something you 'lose' it. It has one 'o'.... Sorry, bugs me :afro:

Bad spelling and grammer bug me too.

I'll shall go back and amened my post straight away.  :smiley:
Red Mk6 gone replaced with a white Mk7 which has gone too. Green Mk2 here to stay.

Offline FamilyDub

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Re: Px values?
« Reply #7 on: 06 October 2009, 18:13 »
My office has changed, so I'm now spending 2 hours a day sat in traffic so fancy a dsg next.

I don't mind paying a monthly cost as I get a car allowance, just thinking if it's currently worth the most it'll ever be, may as well trade it sooner and start enjoying the dsg, if that makes sense?

It does make sense... If you're willing to actually trade it in. I'm not ar$ed, because I'm keeping mine.

Our friends in the MkVI section have posted up that the Golf R is available to configure on VW's German site!
MKV GTI | Reflex Silver | 5-dr | Anthracite 17" | Manual | Highline MFD | Cruise | Revision 'D' DV | Dirty Pipes |

The GTD is like a blow up doll. The GTI is like a proper woman. Sure the doll might last longer, and the woman might have higher running costs, but which would you rather have?

Offline Exonian

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Re: Px values?
« Reply #8 on: 06 October 2009, 19:19 »
Hi

Been quoted 16,500 as a px for my 08 GTI, with 18,000 miles on it.

Bit of a long shot, but any ideas what that could be in June with say 28,000 miles on it and again the following June with say 44,000 miles on it?

Just with used prices being so high, just weighing up when's the best time to change.

Thank you

Rob
Used car prices are artificially high at the moment. Nine months ago they were artificially low. You can only best guess a cars future value. My best guess right now would be that if you wanted to part-ex against a brand new car the next few months could be the best time before the winter lull sets in and dealers won't want cars sat around on forecourts over the winter. If you're part-ex'ing against another used car then you will still fall foul of the inflated prices as the one you would be buying would be inflated even higher than your p/x price.
So in short:
 
p/x against new: Good time to do it (or as good a time as any as recent used cars are in short supply)
p/x against used: Not such an ideal time right now

Also I didn't think £16,800 is that good a price as there are many recent mk5 GTIs on forecourts at mk6 money and beyond if they have desireable extras.
‘25 8.5R, ‘23 8R, ‘20 8CS, ‘19 135iX, ‘19 TCR, ‘17 Ed40, ‘17 GTD, ‘15 7R, ‘13 GTI PP, ‘11 GTI, ‘09 GTI, ‘98 Ibiza Cupra, ‘05 GTI, ‘06 Polo GTI, ‘04 GT TDI, ‘05 Fabia vRS, ‘02 GTI T, ‘03 Ibiza TDI 130, ‘01 Leon 180, ‘89 mk2 16v, ‘99 Ibiza TDI, ‘96 VR6, ‘98 Ibiza TDI, ‘92 VR6, ‘88 mk2 8v, ‘92 Polo G40, ‘91 mk2 8v, ‘89 mk2 8v, 205 GTI 1.9, ‘83 mk1 GTI, ‘80 Scirocco GTI, plus some others I’ve forgotten 

Offline Bobnaldo

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Re: Px values?
« Reply #9 on: 07 October 2009, 09:02 »
Thank you for the advice, and apologies for the bad grammer.

Ive been toying with a dsg mk 5.5, an a3 black edition and a 1 series coupe.

I'm going to have a good think over the next few days, if used prices are so inflated might be a good time to do it. Or just sod it and get mine re-mapped, ha.