used gti value's

[dubber36]

Took my car into the dealers today for some minor work under warrenty,when leaving they gave me a letter telling me they want to buy my car   

They don't want to buy it per-say, they want you to buy a new car from them. They're trying to sow a seed in your mind.

Same thing happen a couple of years back. My wifes 307 Dturbo had been into Budgen and a couple of weeks later we got a call saying that they had customers asking them for 7 year old cars, so would we consider selling it. Pah! A likely story.

[evo1986]

Took my car into the dealers today for some minor work under warrenty,when leaving they gave me a letter telling me they want to buy my car   

They don't want to buy it per-say, they want you to buy a new car from them. They're trying to sow a seed in your mind.

Same thing happen a couple of years back. My wifes 307 Dturbo had been into Budgen and a couple of weeks later we got a call saying that they had customers asking them for 7 year old cars, so would we consider selling it. Pah! A likely story.

It's true ; ) we would love to own your 8 year old 120,000 Passat estate sir, when can you bring it in for us to value?

[dubber36]

It's true ; ) we would love to own your 8 year old 120,000 Passat estate sir, when can you bring it in for us to value?

I'll be down at the weekend Lee. By the way, my Passat will not be 8 years old until June and has only done 94,000, so hopefully will be worth £40-50 more than you were thinking of offering me.

Either way, I'm sure you can sort me out a deal that gets me into a V8 Touareg with just my car as a deposit and nothing more to pay to 2 months. I can't wait.

Ooooooooo I'm all excited now.

[R32UK]

Took my car into the dealers today for some minor work under warrenty,when leaving they gave me a letter telling me they want to buy my car   

They don't want to buy it per-say, they want you to buy a new car from them. They're trying to sow a seed in your mind.

Same thing happen a couple of years back. My wifes 307 Dturbo had been into Budgen and a couple of weeks later we got a call saying that they had customers asking them for 7 year old cars, so would we consider selling it. Pah! A likely story.

hook.. line... 


 

[Mr_F]

Owning outright entitles you to:

Own the car regardless of Employment status
Makes use of cash sitting around in shares that drop faster than car depreciation.
Less fingers in the Money Pie that is your Golf Purchase...More fingers = More cost ultimatley.


Also from My sisters experience if your car happens to suffer a scuff, scrape or ding through another faultless driver, getting your insurance company to pay to have it done through a bonefide dealer is well night on impossible, which is important because you would jeapordise your lease agreement if you didn't.  She's been rather unfortunate and had three other driver instances in the space of 6 months, very unlucky, all whilst her car was parked with nobody at the wheel or sat stationary at a roundabout. sub total of 28 hours of her life on the phone to insurance companies. 

Cash = Simple, even makes for less forms on handover day I think.

Keep it Simple Stupid!

[simonpolly]

Took my car into the dealers today for some minor work under warrenty,when leaving they gave me a letter telling me they want to buy my car   

They don't want to buy it per-say, they want you to buy a new car from them. They're trying to sow a seed in your mind.

Same thing happen a couple of years back. My wifes 307 Dturbo had been into Budgen and a couple of weeks later we got a call saying that they had customers asking them for 7 year old cars, so would we consider selling it. Pah! A likely story.

hook.. line... 


 

But no sinker ,I'm a bit long in the tooth to fall for a car salesmans patter

[R32UK]

Owning outright entitles you to:

Own the car regardless of Employment status - Also the case with a lease, providing you can make the payments
Makes use of cash sitting around in shares that drop faster than car depreciation. - Not really true... depends which shares you foolishly invested in
Less fingers in the Money Pie that is your Golf Purchase...More fingers = More cost ultimatley. Not sure I understand that

Also from My sisters experience if your car happens to suffer a scuff, scrape or ding through another faultless driver, getting your insurance company to pay to have it done through a bonefide dealer is well night on impossible, which is important because you would jeapordise your lease agreement if you didn't.  - Also not true. You can always specify where you want your car repaired to your insurer. Its your car not theirs.


She's been rather unfortunate and had three other driver instances in the space of 6 months, very unlucky, all whilst her car was parked with nobody at the wheel or sat stationary at a roundabout. sub total of 28 hours of her life on the phone to insurance companies.  - Accident management company would really have taken care of all that for her... esp if none of them were her fault.

Cash = Simple, even makes for less forms on handover day I think. - I didnt sign a form when my car was delivered. An employee signed for the car and they left the keys. Job done!

Keep it Simple Stupid! - According to oil baron Paul Getty, “If it appreciates, buy it. If it depreciates, lease it.”  

[dubber36]

I think if it's a tool to do a job for a given length of time, then leasing stacks up. You pay for what you use, then give it back.

If it's more of an emotive purchase, i.e. a private car for personal enjoyment, that you intend to keep for much longer than the average 3 years, then at some point it will need to be "owned" outright. The cheapest way to do that, always has been and always will be, is to pay cash on the day you pick it up.

[R32UK]

I think if it's a tool to do a job for a given length of time, then leasing stacks up. You pay for what you use, then give it back.

If it's more of an emotive purchase, i.e. a private car for personal enjoyment, that you intend to keep for much longer than the average 3 years, then at some point it will need to be "owned" outright. The cheapest way to do that, always has been and always will be, is to pay cash on the day you pick it up.

pretty much spot on! 

there is no right or wrong way of course... just good to know all the options available rather than dismissing others because you have cash.

[PenguinGTI]

What about modifications. I'm surprised no-one has brought this up yet. Lease companies don't allow you to do modifications because, at the end of the day, the car is their legal property.

Whereas with my car that I have paid for in full... there's no worries about any leasing company finding out because there's none involved in the first place.