« previous next »
Pages: [1]

Author Topic: Price of a mk5 gti when the mk7 comes out?  (Read 2095 times)

Offline mac456

  • I live here
  • *****
  • Posts: 578
Price of a mk5 gti when the mk7 comes out?
« on: 05 July 2012, 10:03 »
What do you guys think?

I am thinking a good 50-60,000 mile example which is currently worth around 7k.

Do you think this will drop much when the mk7 is released? if so by how much? what is the usual trend?
Logged

Offline R32UK

  • Forum addict
  • *
  • Posts: 5,683
Re: Price of a mk5 gti when the mk7 comes out?
« Reply #1 on: 05 July 2012, 22:13 »
it wont really have an effect for a while
Logged

Offline dubber36

  • Forum addict
  • *
  • Posts: 5,536
Re: Price of a mk5 gti when the mk7 comes out?
« Reply #2 on: 08 July 2012, 10:32 »
I don't think it will have any effect at all. It only usually effects the current model that's been replaced. Even then, it will only be the nearly new ones.
Logged
Red Mk6 gone replaced with a white Mk7 which has gone too. Green Mk2 here to stay.

Offline david25

  • I live here
  • *****
  • Posts: 554
Re: Price of a mk5 gti when the mk7 comes out?
« Reply #3 on: 08 July 2012, 10:35 »
At this age (of the MK5), prices should continue their slow decline because someone looking at cars priced £7,000 is unlikely to be looking at a new car priced £25,000.

Two very different markets.
Logged
Now = 2011 MK6 GTI - Reflex Silver
Past = 2006 MK5 GTI - Tornado Red and Solid Black

Offline mac456

  • I live here
  • *****
  • Posts: 578
Re: Price of a mk5 gti when the mk7 comes out?
« Reply #4 on: 10 July 2012, 15:46 »
oh right, well I was going to hold off because I though I might lose some of money on it if I got it now then just wait next year.

But if it aint much, might start looking.

cheers
Logged
Pages: [1]
« previous next »