All,
As a few of you might know, I have only ordered a GTD a couple of weeks. I currently work for Honda, so get a company car. I've been looking for a job outside of car sales due to all the BS you get working at a dealership.
So last week, I interviewed for a new job as a Marketing Manager and they've since offered me the job today. I've decided I'm going to take it, but now I'm going to be leaving Honda sooner than expected (i.e start of December).
As a result, I won't have a car so need one before March now. I've found four dealers with brand new GTD's at their dealerships, but won't discount them as others will pay the premium to have the car straight away rather than a factory order. Understandable.
So my other option is now demonstrators. I am doing a PCP, so it's all about the monthly figure for me. Due to the cars being used, their GFV is about £4000 less than that over a new one, so the monthy's are higher due to APR and low GFV's, although the GFV is lower. Hopefully that means more equity at the end, but somehow I doubt that.
I can't think of a way to get a new car sooner without paying a premium for it (i.e about £100 a month more). I've also thought about renting a car for a few months to fill the gap, but I can't due to only being 19. All rental insurance policies only seem to cover 21's and overs.
So as renting is out the question, I'm either faced with getting a demo, or getting a stock car. The stock cars aren't even the spec I'd like which doesn't help me stomach the extra monthly's.
So here are my choices, thoughts please. If you have any other suggestions on how to combat my problem, please please please let me know.
Just to compare to what I've currently bought. (Golf GTD DSG 3DR in tornado red, with a dynaudio, winter pack, and reversing camera. £28,000 List New. With discount came to £323 a month PCP no deposit GFV @ 16k)
Obviously there are more demo's out there, so would need to speak to a few dealers, but this one has a good spec and got a good price thus far.
A) Demonstrator (13 Plate, 7k miles, probably been thrashed)
Car: GTD DSG 5DR Tornado Red, Dynaudio, Pro Nav, Keyless Entry, Winter Pack (£30,640 List New).
It is being retailed for £24,995, and I have managed to get it down to £24,000 so far.
On a PCP, it's coming in at £391 a month, no deposit, GFV @ 13k. Plus 2 years servicing and a 3 year GAP
B) New stock car.
Car: GTD DSG 5DR in Deep Black, ACC, Winter Pack, Pan Roof, and High beam Assist (not the best choice of options IMO). List of £30,395.
With a massive £500 discount, on PCP it is: it's coming it at 'gulp' £485 a month, no deposit, GFV @ 16k.
Sadly, I think the latter is out of the question.