Author Topic: Possibly going to switch and buy a Demo. Thoughts???  (Read 14140 times)

Offline Phil 117

  • GTI forum regular
  • ***
  • Posts: 143
Possibly going to switch and buy a Demo. Thoughts???
« on: 13 November 2013, 16:52 »
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.

Recently sold my GTD.

Offline peterdoherty

  • Here all the time
  • ****
  • Posts: 392
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #1 on: 13 November 2013, 17:09 »
Buy a banger for a few months and order the GTD from somewhere giving 12% discount
MKVII GTD DSG Carbon Grey 5DR, Dynaudio, Keyless Entry, Rear View Camera, Colour MFD, Park Assist, Winter Pack, Climate Screen, Advanced Phone Kit, High Beam Assist

Offline CraigW

  • I live here
  • *****
  • Posts: 2,305
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #2 on: 13 November 2013, 17:11 »
The only advice I would offer is whatever you do don't put yourself under undue financial pressure trying to pay for something if your budget doesn't allow.

Offline corgi

  • I live here
  • *****
  • Posts: 761
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #3 on: 13 November 2013, 17:20 »
There's a guy selling his Impreza RB5 on here it looks tidy, sure footed for the winter and is a lot of car for the money... I'd buy that and run it until your ordered car comes up...

If you keep it well, I doubt you'll lose much (if anything on it)...

Only downside is... it may make your new Golf GTI seem a little on the slow side  :wink:
_____________________________________________
Corgi

Carbon Grey Metallic, GTD 3 Door Manual, Dynaudio and Advanced Phone Prep
In the Garage: 2010 Jaguar XKR 5.0 Supercharged Convertible replaced 2004 911 (996) Carrera 4S Cabriolet (15/3/15)

Offline Gnasher

  • I live here
  • *****
  • Posts: 1,015
  • Formerly GnasherVXR
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #4 on: 13 November 2013, 17:29 »
As said above buy something cheap to run around in for a few months. It may cost slightly more short term (in that you might take a small hit when you sell it) but it will probably be a lot less than the hit you will take over the term of your golf by paying the extra over the deal you already have.
2014 Golf GTI (PP) in Pure White with
Vienna Leather, Keyless Entry, High Beam Assist, Park Assist, Rear View Camera. Milltek Exhaust, Eibach Sportlines, 19" BBS SR wheels - SOLD!!!!!

2018 Audi TTRS in Nardo Grey with
Black pack, 20" Alloys, Privacy glass and Sports Exhaust. No mods yet!

Offline corgi

  • I live here
  • *****
  • Posts: 761
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #5 on: 13 November 2013, 17:34 »
There's a guy selling his Impreza RB5 on here it looks tidy, sure footed for the winter and is a lot of car for the money... I'd buy that and run it until your ordered car comes up...

If you keep it well, I doubt you'll lose much (if anything on it)...

Only downside is... it may make your new Golf GTI seem a little on the slow side  :wink:

Here's the link to save you searching: http://www.golfgtiforum.co.uk/index.php?topic=261538.0
_____________________________________________
Corgi

Carbon Grey Metallic, GTD 3 Door Manual, Dynaudio and Advanced Phone Prep
In the Garage: 2010 Jaguar XKR 5.0 Supercharged Convertible replaced 2004 911 (996) Carrera 4S Cabriolet (15/3/15)

Offline karlak

  • GTI forum regular
  • ***
  • Posts: 217
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #6 on: 13 November 2013, 17:41 »
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...
Ordered 06/01/14.  5DR GTD DSG, Red. Park Assist | Rear Camera | Keyless entry | Dynaudio | Winter Pack | Pro Nav.

Offline barrym381

  • Forum addict
  • *
  • Posts: 5,935
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #7 on: 13 November 2013, 17:44 »
There's a guy selling his Impreza RB5 on here it looks tidy, sure footed for the winter and is a lot of car for the money... I'd buy that and run it until your ordered car comes up...

If you keep it well, I doubt you'll lose much (if anything on it)...

Only downside is... it may make your new Golf GTI seem a little on the slow side  :wink:
with him being 19 the insurance will want a few quid for this so not the best idea  :smiley:

Offline Ginagee

  • Here all the time
  • ****
  • Posts: 291
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #8 on: 13 November 2013, 18:10 »
Don't stretch your finances right now. As you say, you are starting a new job (Marketing Manager… where at?). Great if you are happy in this new job & all goes swingingly. But don't commit to a big monthly outgoing at this stage. Really don't. Get a small car, low mpg and be in the knowledge that it won't be long till you are in the Golf. Grin & bear it just for a short while. I know, I've been there myself & had to go for poverty model cars at certain times, but trust me, it's best to stay safe with your finances. :smiley:
2014 GTi Mk7 5dr Manual, Reflex Silver, PP, DNS, Dynaudio, Pano Roof.

Offline Mark V GTD

  • I live here
  • *****
  • Posts: 1,292
Re: Possibly going to switch and buy a Demo. Thoughts???
« Reply #9 on: 13 November 2013, 18:10 »
Phil - you have a fantastic deal on the new GTD you have already ordered so stick with it if you can afford the monthly payents once it arrives next year. Do what others have suggested here - just buy an old car for a few months until the new one comes in then you will be a bit more settled in the new job too.

How are you getting these nil deposit finance quotes by the way - VW FS require minimum 5% ???
« Last Edit: 13 November 2013, 18:12 by Mark V GTD »