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Author Topic: Bad residuals?  (Read 4680 times)

Offline gman86

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Bad residuals?
« on: 01 April 2012, 02:33 »
Was interested in chopping the GTI in for a 60 plate S3 to be gob smacked at the trade in value I was offered...

£16,050!!! July 2010 registered DPB 3dr GTI. 17k, DSG, leather, LED rears, RNS510, sun roof, bluetooth, auto lights/wipers, 18" shadows.

Looking at the current values of the car, that's not far off the mark! Was really quite surprised considering I paid 6 grand more than that back in July last year!

Anyone else surprised at the lack of residuals for this car? Looks like I'm best holding on for another year or two ...
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Offline The Doc

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Re: Bad residuals?
« Reply #1 on: 01 April 2012, 08:08 »
Shocking really, these cars used to have great residuals  :sad:

We had a similar experience with Wills GTI so were going to attempt to sell it privately  :wink:
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Offline mike.

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Re: Bad residuals?
« Reply #2 on: 01 April 2012, 09:21 »
I would say go to another dealer or sell privately, cars like that have been sold recently on Pistonheads for £20k

Dealers appear to be giving nothing for trade-ins, no matter what it is, as they aren't shifting much.

The Glass's guide price for below average condition is £16200, £18800 for Excellent condition.
« Last Edit: 01 April 2012, 09:25 by mike. »
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Mk6 GTI 3dr | DSG | Tornado Red | 18" Monza 2 | LED Xenons | RNS510 | Bluetooth | Smoked LED tails | Cruise | Reversing Camera | TPMS | - now sold :(

Offline Will@carbon

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Re: Bad residuals?
« Reply #3 on: 01 April 2012, 09:29 »
To be fair most cars loose about a £500 a month at that sort of age so your not far off. But your correct it's crap. :sick:
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Offline Jimble

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Re: Bad residuals?
« Reply #4 on: 01 April 2012, 10:07 »
Audi are robbing b@stards as well though, don't just take one realers offer and think thats all you'll get for it. :angry:
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Offline Snoopy

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Re: Bad residuals?
« Reply #5 on: 01 April 2012, 10:38 »
Try a different Audi dealer. Try one that has a vw dealer in there group you will prob get a better offer. I wad offered far more than that for mine.
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Mk6 GTI  &  Mk1 GTI 
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Offline Exonian

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Re: Bad residuals?
« Reply #6 on: 01 April 2012, 11:10 »
offers vary wildly, I phoned all over the country when I was changing car last year then there was a good couple of grand difference between the best offer and worst.
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‘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 

Jimmymature

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Re: Bad residuals?
« Reply #7 on: 01 April 2012, 12:07 »
My car will be three years old in 3 months time and I'm really thinking of getting rid but I just dont know what is out there that is the best all round car, driving to work, taking the kids to the zoo and nailing it around.  The GTI does it all but I'm worried about the age and the incomming MK7 screwing me over big time with the re-sale values.

 :cry:
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Offline gman86

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Re: Bad residuals?
« Reply #8 on: 01 April 2012, 12:22 »
Quote from: Snoopy on 01 April 2012, 10:38
Try a different Audi dealer. Try one that has a vw dealer in there group you will prob get a better offer. I wad offered far more than that for mine.

The laugh is - it was a VW garage! I bought this car, and my GT TSI previously from there. The S3 was traded in against another VW so that's why they had it sitting.

Such a shame, the S3 was lovely and had pretty much everything my GTI had, less DSG/S-tronic but on the upside has AWD and Xenons.

Sad face is sad :(

On the plus side, if I hang off til next year then an RS3 will be within reach.
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Offline Exonian

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Re: Bad residuals?
« Reply #9 on: 01 April 2012, 14:09 »
Quote from: Jimmymature on 01 April 2012, 12:07
My car will be three years old in 3 months time and I'm really thinking of getting rid but I just dont know what is out there that is the best all round car, driving to work, taking the kids to the zoo and nailing it around.  The GTI does it all but I'm worried about the age and the incomming MK7 screwing me over big time with the re-sale values.

 :cry:

Extend the warranty and keep the mk6 until the mk7 is out. Mk6 values will tumble for a while now as VW do run out promotions on new ones but older mk6s have suffered their worst depreciation period now so won't drop that much more unlike newer ones like mine. There will still be good demand for mk6s when the mk7 is out due to the cost and limited availability of mk7s making the mk6 look good value for money.
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‘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 
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