Possibly going to switch and buy a Demo. Thoughts???

[Phil 117]

Just to say as a few have mentioned it. Finance wise, I'm absolutely fine. I've had a full time job since 16, and 20 next month, so 4 years full time wage to back me up, 3 of which where I could save a bomb living at home.

I just work on a monthly budget so I know what's happening. Just begrudge paying close to £500 when there's an offer on the table closer to £300.

I am quite tempted by the demonstrator. If I can get him down to £350 a month, I think I can justify that seeing as it's got a Pro Nav and keyless entry.

Don't stretch your finances right now. As you say, you are starting a new job (Marketing Manager… where at?)

I am joining AT&T - big phone company in America. Still very small in the UK

Are your Monthly payments above inclusive of VAT?

Only I had quotes where the monthly payments were higher for similar spec cars, with a deposit...

Yep, that is including VAT. The new car I've ordered works out at a 14-15 ish % discount I think.

How are you getting these nil deposit finance quotes by the way - VW FS require minimum 5%

They say 5% as sometimes the underwriters want a bit of commitment from the person they are taking on finance. If it's anything like Honda's, rarely do they NEED to see a deposit. The only I've had it happen was a 22 year old lad with a poor credit rating on a Type R. Fortunately, I have a sound credit rating and was instantly accepted with nil deposit.

[monsta]

Are your Monthly payments above inclusive of VAT?

Only I had quotes where the monthly payments were higher for similar spec cars, with a deposit...

Likewise, mine is about £370 a month on a £27k car with £3500 deposit!

[dubber36]

Like the others have said, save your money and buy an older car. You're 19 and living at.home, lots of pounds a month on a PCP that you'll have nothing to show for at the end will mount up to a decent amount towards a deposit for a house. Surely being in sales you would have learned about basic finacial management? I was in car sales and seeing how people would get tucked up gave me a totally different outlook on what is important.

Do you need a new car? I didn't buy a brand new one until I was 30, by which time I was fortunate enough to be in a possition where I could actually afford it.

[cheets7]

Drive a banger until the new one arrives! I did, its now for dale with years mot and 6 month tax. Yours for £475

[Ginagee]

Cool, I know of AT&T from when we've been over there. Didn't know they were in the UK too, but guess there are probably a Global company. If you need any design work from a like minded GTi nut - PM me! 
On the 'stop gap' car front. Get something that's suits you & you can live with. But everyones right on here, you don't need to have a new car. If you get 2nd hand, it will have less £ to loose. How about getting a Mk5 or 6, so that when the 7 arrives, you can compare the difference? 

[Phil 117]

Honestly guys, I want a nice newish car, always have done. Bought a brand new fiesta as my first car when I was 17, got a company car at 18, now looking to treat myself for my 20th. I don't want to start looking at older stuff, I'm financially sound.

Like the others have said, save your money and buy an older car. You're 19 and living at.home, lots of pounds a month on a PCP that you'll have nothing to show for at the end will mount up to a decent amount towards a deposit for a house. Surely being in sales you would have learned about basic finacial management? I was in car sales and seeing how people would get tucked up gave me a totally different outlook on what is important.

Do you need a new car? I didn't buy a brand new one until I was 30, by which time I was fortunate enough to be in a possition where I could actually afford it.

I actually morgated my own house last year with the other half. It's not that I can't afford it, this is what I've budget to use out of my monthly disposable income. I'm just super anal about my finances.

Anyhow, I've spreadsheeted the options (as I said, anal ) Took me a while to remember the total payable equation.



I think if I can get the demo to £350 a month, that is a very good deal. The car would be £7,500 off what it lists at, which is a pretty heft amount.

[Mark V GTD]

Phil - I don't follow this at all - you have an amazing deal on a beautiful new GTD - and now you want a demo car (that everyone who has access to - and that will be a lot of people, have thrashed the nuts off.).

Why not just be patient and wait for it - at the monthly payments we are talking about you could afford to rent a car in the wait period!

And to make the decision easier - the monthly payments on the new car are chepest by a long chalk - its a 'no brainer'!!

[Chief1337]

Go for the brand new one, you will be the first owner and not be driving something that 100+ people have sat in / driven / not taken care of.

[monkeyhanger]

Go for the brand new one, you will be the first owner and not be driving something that 100+ people have sat in / driven / not taken care of.

Or farted in. Give it a week and if the new one still hasn't shifted (don't forget, Christmas is coming and people have other things they must spend their money on) i'd go back and make them an offer again. It'll be getting close to the end of the month and it would be a canny enhancement to their monthly sales to close the deal.

[Phil 117]

Phil - I don't follow this at all - you have an amazing deal on a beautiful new GTD - and now you want a demo car (that everyone who has access to - and that will be a lot of people, have thrashed the nuts off.).

Why not just be patient and wait for it - at the monthly payments we are talking about you could afford to rent a car in the wait period!

You're probably right. I'm just being extremely erratic because I want it now

The problem is I can't rent due to my age.

I'll try and be cheeky with the VW dealer and say I'm thinking of going for a demo elsewhere due to needing a car sooner. I'll see if I can borrow a demo for a few months. I'm sure I'll be told to bugger off. It's just ridiculous how someone who's had a licence for almost 3 years, no accidents, no claims, no violations, and has done almost 90k miles in that, and has driven nice new expensive cars can't get insured on a rental, but some 21 year old person who has only just passed their test can!