Author Topic: Can ordering mid-plate effect future residuals?  (Read 18605 times)

Offline Rhyso

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Re: Can ordering mid-plate effect future residuals?
« Reply #10 on: 07 April 2013, 11:23 »
Depends if they make any revisions

MY14 cars will be built from June / July onwards so there may be some slight changes in spec.......

Equally, in my opnion, you should be ordering a car to enjoy, not worry about what its worth when you come to sell it.

If thats your main worry I'd wait buy 2nd hand as the main depreciation will have taken place. That and any early production niggles will have been sorted

Offline monkeyhanger

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Re: Can ordering mid-plate effect future residuals?
« Reply #11 on: 07 April 2013, 12:41 »
Depends if they make any revisions

MY14 cars will be built from June / July onwards so there may be some slight changes in spec.......

Equally, in my opnion, you should be ordering a car to enjoy, not worry about what its worth when you come to sell it.

If thats your main worry I'd wait buy 2nd hand as the main depreciation will have taken place. That and any early production niggles will have been sorted

Most people worry what their car is worth when they come to sell it. Buying any car less than 3 years old and your depreciation will usually be higher than your fuel bill. It is the most costly purchase most people will make in terms of depreciation as houses don't (generally) depreciate like cars do.

Many VW owners buy them partially due to their higher than average residuals as well as for the car itself. VW nearly new prices usually mean that an ex-demonstrator costs you nigh-on as much as a brand new one if you managed to negotiate a discount on the new one. If VWs depreciated like Fords and Vauxhalls I certainly wouldn't be buying one, no matter how good they were.

Changes in spec on a MY basis usually doesn't affect the value by much unless a major revision has come in, like when VW start giving away free leather seats on cars heading towards the end of their model life. Minimise VW depreciation by minimising the extras - they add almost nothing to the used value. I considered ordering Leather on my current car but my dealer advised me taht for the £1740 cost, it would enhance the used value by just £300 at trade in time - very poor value. Always better to buy the next trim level up if it includes a lot of the speccable extras you are looking at. a late 11 plate is not worth much less than an early 61 plate for a Golf/Scirocco GT/GTD, there'll be a difference of around £250 per month's age difference e.g. Jul 11 (11 plate) Golf is worth £500 less than a Sep 11 (61 plate Golf).
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Offline charlie

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Re: Can ordering mid-plate effect future residuals?
« Reply #12 on: 07 April 2013, 15:42 »
Depends if they make any revisions

MY14 cars will be built from June / July onwards so there may be some slight changes in spec.......

Equally, in my opnion, you should be ordering a car to enjoy, not worry about what its worth when you come to sell it.

If thats your main worry I'd wait buy 2nd hand as the main depreciation will have taken place. That and any early production niggles will have been sorted

Most people worry what their car is worth when they come to sell it. Buying any car less than 3 years old and your depreciation will usually be higher than your fuel bill. It is the most costly purchase most people will make in terms of depreciation as houses don't (generally) depreciate like cars do.

Many VW owners buy them partially due to their higher than average residuals as well as for the car itself. VW nearly new prices usually mean that an ex-demonstrator costs you nigh-on as much as a brand new one if you managed to negotiate a discount on the new one. If VWs depreciated like Fords and Vauxhalls I certainly wouldn't be buying one, no matter how good they were.

Changes in spec on a MY basis usually doesn't affect the value by much unless a major revision has come in, like when VW start giving away free leather seats on cars heading towards the end of their model life. Minimise VW depreciation by minimising the extras - they add almost nothing to the used value. I considered ordering Leather on my current car but my dealer advised me taht for the £1740 cost, it would enhance the used value by just £300 at trade in time - very poor value. Always better to buy the next trim level up if it includes a lot of the speccable extras you are looking at. a late 11 plate is not worth much less than an early 61 plate for a Golf/Scirocco GT/GTD, there'll be a difference of around £250 per month's age difference e.g. Jul 11 (11 plate) Golf is worth £500 less than a Sep 11 (61 plate Golf).
agree agree agree  :cool:
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Offline linc-dub

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Re: Can ordering mid-plate effect future residuals?
« Reply #13 on: 07 April 2013, 21:08 »
I'm waiting to order my GTD as I want a Sep 1st 63 plate reg
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Offline SF-GTD

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Re: Can ordering mid-plate effect future residuals?
« Reply #14 on: 07 April 2013, 22:13 »
Very close to placing my order for a GTD DSG 3 door in white.

Just wanted to throw a question your way.

If I order next week, build week 15, roughly expect a 12 week turnaround, that would place delivery at around 1 July. That's only 8 weeks off a the new 63 plates being issued.

How may receiving a 13 plate car, so close to the change over to 63 plates, effect the future residuals of my car when I sell it on in 3/4 years time?

Should I wait to place my order so I get a September 1st delivery (thus increasing my future residual price)?

Thank
Gaz

Are you trading in your Scirocco for the GTD?  I understand your concern about the future value of the GTD, but how much will your Scirocco lose if you hold on for the new reg on the GTD?  In trying to a avoid losing money in the future, you could lose money on your trade in now.  If you're in a position to order your car now, I say go for it.

Offline Jimble

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Re: Can ordering mid-plate effect future residuals?
« Reply #15 on: 07 April 2013, 22:14 »
I'm waiting to order my GTD as I want a Sep 1st 63 plate reg


I've ordered mine already but don't want it till sept, i've told my dealer it had better not be used as a demo or we'll have big problems!! >:( :D
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Offline Hawaii-Five-O

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Re: Can ordering mid-plate effect future residuals?
« Reply #16 on: 07 April 2013, 22:19 »
I'm waiting to order my GTD as I want a Sep 1st 63 plate reg


I've ordered mine already but don't want it till sept, i've told my dealer it had better not be used as a demo or we'll have big problems!! >:( :D

Why do you want to wait until Sept 1st for delivery Jimble? Is it for the same reasons as my concerns? (i.e. that you want a 63 plate for kudos and better future residuals?)

Gaz
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Offline Jimble

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Re: Can ordering mid-plate effect future residuals?
« Reply #17 on: 07 April 2013, 22:28 »
I'm waiting to order my GTD as I want a Sep 1st 63 plate reg


I've ordered mine already but don't want it till sept, i've told my dealer it had better not be used as a demo or we'll have big problems!! >:( :D

Why do you want to wait until Sept 1st for delivery Jimble? Is it for the same reasons as my concerns? (i.e. that you want a 63 plate for kudos and better future residuals?)

Gaz


No mate, it's for financial reasons for me, my current finance will be cleared by then.
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Offline blueheaduk

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Re: Can ordering mid-plate effect future residuals?
« Reply #18 on: 07 April 2013, 23:50 »
I'm waiting to order my GTD as I want a Sep 1st 63 plate reg


I've ordered mine already but don't want it till sept, i've told my dealer it had better not be used as a demo or we'll have big problems!! >:( :D

Why do you want to wait until Sept 1st for delivery Jimble? Is it for the same reasons as my concerns? (i.e. that you want a 63 plate for kudos and better future residuals?)

Gaz


No mate, it's for financial reasons for me, my current finance will be cleared by then.


Were they agreeable to that!? Sounds a good idea but I hadn't thought it an option...

Offline Gryzor

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Re: Can ordering mid-plate effect future residuals?
« Reply #19 on: 08 April 2013, 07:38 »
It's my 40th soon, and I wanted something special to keep from my mum.  She suggested a private plate, top idea!  Eliminates plate-envy to a degree, and unless the car slips into August, chances are I'll pick mine up as soon as I can!
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