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Author Topic: Trade in Price...  (Read 6007 times)

Offline ajmoir36

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Trade in Price...
« on: 22 May 2013, 17:17 »
I'll start it off with what I have been offered...

7.5% discount and £11,500 :shocked: for September delivery for my GTD April 2010 with 55k miles, full VWSH.

Will I be buying a mk7 I think that's a confirmed NO.
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Diagonally parked in a parallel universe.
On Order: Mk8 R, Pure White, Reversing Camera, Harmon Kardon, Heated seats all round.
Gone: Mk7.5 R, 5dr, DSG, Deep Pearl Black, 18” Cadiz, Nav, Winter Pack, Keyless, Dynaudio and Reversing camera.
Gone: Mk7 R, 5dr, DSG, Limestone Grey, 19" Pretoria's, Nav Pro, DCC, Winter Pack, Keyless, Mobile Prep and Reversing Camera.
Gone: Mk6 GTD, 5dr, Manual, Tornado Red, 18" Vancouvers, RCD510 + Dynaudio, heated seats.

Offline dubber36

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Re: Trade in Price...
« Reply #1 on: 22 May 2013, 17:28 »
Personally I think that's a fair trade price for your car considering that it's done a few miles. It's worth what it's worth dictated by what they are making at auction. You've been offered a reasonable discount off the list price of the new car, so can't expect an over allowance on yours as well. That would be like having two lots of discount.

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Offline Bill_the_Bear

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Re: Trade in Price...
« Reply #2 on: 22 May 2013, 17:33 »
But given the September delivery he probably deserves two discounts! :grin:
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Offline dubber36

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Re: Trade in Price...
« Reply #3 on: 22 May 2013, 17:38 »
By September, the car will be another plate change older and be nudging 60,000 miles. That needs to be factored in as well.

How much was the car new? £24k? If so, that's a 48% retained value which to me is pretty good all things considered.
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Red Mk6 gone replaced with a white Mk7 which has gone too. Green Mk2 here to stay.

Offline ajmoir36

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Re: Trade in Price...
« Reply #4 on: 22 May 2013, 17:46 »
With all the options it would have been 27.5k new fortunately I didn't pay that. That's why there's a  :shocked: look only 42% then. Cost of change is 16k, which to me is too much to pay. I could buy a used mk6 GTI for that and have some fun instead. What will be interesting to see is what other brands will give for it.
« Last Edit: 22 May 2013, 17:51 by ajmoir36 »
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Diagonally parked in a parallel universe.
On Order: Mk8 R, Pure White, Reversing Camera, Harmon Kardon, Heated seats all round.
Gone: Mk7.5 R, 5dr, DSG, Deep Pearl Black, 18” Cadiz, Nav, Winter Pack, Keyless, Dynaudio and Reversing camera.
Gone: Mk7 R, 5dr, DSG, Limestone Grey, 19" Pretoria's, Nav Pro, DCC, Winter Pack, Keyless, Mobile Prep and Reversing Camera.
Gone: Mk6 GTD, 5dr, Manual, Tornado Red, 18" Vancouvers, RCD510 + Dynaudio, heated seats.

Offline dubber36

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Re: Trade in Price...
« Reply #5 on: 22 May 2013, 17:55 »
Still not bad considering it'll be 3.5 years old and done above average mileage.

The thing is, that whilst VW's do have strong residuals in terms of percentage, because the list price is comparatively high, the actual monetary depreciation is large due to being a percentage of a bigger number to begin with.

Nice cars cost, there's just no getting away from that.   
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Offline matchboy

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Re: Trade in Price...
« Reply #6 on: 22 May 2013, 18:13 »
Sell it on autotrader. You'll get far more than that.
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Previous: Mk 3 Audi TTS, Porsche 981 Cayman S, Mk 7 Golf R, Mk 7 GTI, Mk 6 GTI, Mk 5 GTI and so on....

Offline dubber36

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Re: Trade in Price...
« Reply #7 on: 22 May 2013, 18:33 »
Selling privately will always get you the best deal, even if it means buying a cheap car as a stop gap.
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Running Man

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Re: Trade in Price...
« Reply #8 on: 22 May 2013, 18:35 »
He won't   :sad:
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Offline simonpolly

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Re: Trade in Price...
« Reply #9 on: 22 May 2013, 18:58 »
July 2009 3dr mk6 gti with 17,000 miles and I got £14,200 part exchange on mine.Cost around £24,000 when new (15% vat then)
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