Cash or VW Finance, What have You Poll?

[casablanca3]

I have negotiated a 5dr gti with performance pack    £ 27,480

Options    ACC....................................................      800
              Dynaudio.............................................       525
              Keyless...............................................       355
              Special Solid Paint.................................       250

              Total.................................................  £ 29,409



The cost to me is £ 26,380 a saving of £ 3,029.

I am very surprised that I have managed to negotiate such a discount especially bearing in mind this is newly launched vehicle receiving rave reviews but set the dealer a target and see what they can do.

I did canvass a few dealers and was turned down point blank but you have to be patient and ignore the dealers hard up stories of selling a car at a loss and negotiate politely.
 

 

[CraigW]

When I first got married many many  years ago, I had finance on my TV, Washing machine, Carpets, Furniture, Gas fire and car   I was happy and not a care in the world.
I always pay cash for my cars now. I am not so happy and have a lot more weight on my shoulders.

Perhaps there is a moral there?

(Retire into trench, tin hat on and wait for sarcasm)

Don't let your wife see this post

[monkeyhanger]

For the context of deals you obviously need to look at the price to change. A deal for £3029 discount is great if there is no P/X involved, but if you're getting shafted on the P/X value to the tune of £2k-3k, then the value of that discount is soon eroded. There are plenty of dealerships near me that seem to be offring poor p/x value as the norm and being quite tight with discounts/freebies too. They don't get my business.

Casablanca3: Did you have a P/X and if so, did you get Parkers/Glass' value for it? Or did you use a Jedi mind trick to get that deal?

[casablanca3]

There was a potential part exchange deal but the dealer was honest and said I don't really want your car so the deal I negotiated stands alone.
This does generate the problem of having to sell my part ex privately and the timing of this to coincide with delivery of the new car but obviously this is not a price factor when i obtained my discount.

Unless you work for vag or are a shareholder I assume everyone is happy with a discount aside from the argument that this dilutes values and why you pay list price for a Porsche to protect the residual market.     

[Gryzor]

My part-ex was not far off the mark, and was agreed well before I haggled for discount off the car.  No haggle, no discount, so I'm happy with my 5.5% plus extras.

[matchboy]

Unless you work for vag or are a shareholder I assume everyone is happy with a discount aside from the argument that this dilutes values and why you pay list price for a Porsche to protect the residual market.   

My brother has had loads of Porsches, and never paid list price regardless of the total BS they have given him about 'no discounts' and 'protecting the brand' etc etc.  You just have to negotiate harder and play one dealer off against the other and you'll always get a discount! 

[Exonian]

I've not even thought about financing the thing yet. There are a number of options open to me and I think the thing will be so long coming I won't have to worry about it for quite a while yet!! 

[casablanca3]

I suppose Porsche like to perpetuate the myth that it's list price or nothing but that's just business sense although I'm sure discounts are obtainable.

[monkeyhanger]

If the dealer has the ability to sell more than he actually sells (whether it be Porsche, VW or whoever) there's always a deal to be done. Unfortunately in the North East, new car sales are healthy enough not to be getting much off a popular or limited allocation car. My supplying dealer sold 3 GTDs in as many days between me, mcmaddy and my dad. I've no idea what other GTI/GTD sales that might've happened in the 7 weeks since, but i'll be sure they're quite a way into their 2013 allocation.

Good score for Casablanca3, apart from the hassle of having to offload the would-be P?X privately. Depending on how old it is, what it is and what it's worth that might not be too hard. I have no chance of offloading my Roc privately for the P/X value I got. No-one wants to spend £15500 privately on a 2 year old Scirocco, I have seen a fair few people try and fail on the forums even though they are undercutting dealership used prices by £3k.

[matchboy]

I suppose Porsche like to perpetuate the myth that it's list price or nothing but that's just business sense although I'm sure discounts are obtainable.

Porsche dealers are complete c0cks who like to think that 'how dare you ask for a discount.'  I think in the end he got 10k off - and made sure he told the other dealer that he'd lost a sale