Part Exchange

[virginVWman]

Took out a finance PCP deal for a GTD in November, 2k down and 346 a month, I love the car but all ive been going on about to friends and family is how much id have preffered a GTI. Has anyone been in a similar position and say part exchanged? How easy is this and what are the implications/problems if any. Cheers

[dubber36]

With such a small deposit to begin with, you will undoubtedly be in a huge heap of negative equity. It will probably cost you about £3-4k to get out of you current car. Unless you have money to add to a deposit, it's going to take a bit of juggling of numbers to make the deal on a new car stack up on paper.

Your best option is to change it for a used car, that way it will be easier to manipulate the figures to look a little better. The long and short of it is, your car will have lost what it has lost, and that has to be paid somehow. Most likely by rolling it into the next deal and ultimately costing even more money.

[virginVWman]

Damn it. Old mans best mate works for Eastern Holdings and got me a cracking deal hence only having to commit to a minimum of 2k. I was hoping it wouldnt have been that costly only being 3 months in to a 36 month contract. Hmmmmm maybe a call to finance company or vw to iron out the finer details. Cheers for the help

[monkeyhanger]

VirginVWman:

Keeping a car less than 2 years will always kick you in the pocket. The dealer's profit margin in selling it on again is going to be 15-20%. If they'd put a sticker price of £24k on it in the used forecourt, then it is likely to attract a p/x price of £19-20k.

What is it about the GTI that attracts more? The red stripes? The low end performance (from a standstill)? The in gear performance (not massively better than a GTD), the "GTI" badge? Can't do much about the low end performance, the GTD will always struggle to put it's power and torque down from a standstill (just look at how a Quattro equipped A3 184TDI shaves 0.5s off the 0-62 time vs the 2WD variant).

The DTUK box has transformed my GTD. You only need to tickle the throttle to drive it normally, and when you want to put your foot down on the move, you will never find it lacking. My GTD was a disappointment next to my Scirocco 170TDI. How could the GTD have 8.5% more torque and have less grunt in 5th and 6th than my Scirocco, considering it is geared the same (2200rpm in 6th @ 80mph in both cars)? It is a smidge slower and a lot less fun to drive in standard guise than my Scirocco was. Best £359 I have ever spent towards a car, it has been transformed.

Why not ask Andrew at DTUK to trial a CRDT2, setting 4+1. I bet you'll lose the disappointment and regret you're currently feeling.

[virginVWman]

VirginVWman:

Keeping a car less than 2 years will always kick you in the pocket. The dealer's profit margin in selling it on again is going to be 15-20%. If they'd put a sticker price of £24k on it in the used forecourt, then it is likely to attract a p/x price of £19-20k.

What is it about the GTI that attracts more? The red stripes? The low end performance (from a standstill)? The in gear performance (not massively better than a GTD), the "GTI" badge? Can't do much about the low end performance, the GTD will always struggle to put it's power and torque down from a standstill (just look at how a Quattro equipped A3 184TDI shaves 0.5s off the 0-62 time vs the 2WD variant).

The DTUK box has transformed my GTD. You only need to tickle the throttle to drive it normally, and when you want to put your foot down on the move, you will never find it lacking. My GTD was a disappointment next to my Scirocco 170TDI. How could the GTD have 8.5% more torque and have less grunt in 5th and 6th than my Scirocco, considering it is geared the same (2200rpm in 6th @ 80mph in both cars)? It is a smidge slower and a lot less fun to drive in standard guise than my Scirocco was. Best £359 I have ever spent towards a car, it has been transformed.

Why not ask Andrew at DTUK to trial a CRDT2, setting 4+1. I bet you'll lose the disappointment and regret you're currently feeling.

My older brother has a mk6 GTI and I loved it when I had it for a week. Just being able to thrash it all the way up to 6,000 odd RPM felt fantastic. I have said in 1 or 2 threads that the GTDs performance has gone extremely flat with me and I feel rather underwhelmed at times by it. I clearly had unrealistic expectations, but coming from my 140 A3 I was under the impression it would feel vastly quicker...it doesn't! I sold the A3 to my younger brother so as a test we had a short burst up to 60 with me following behind and it was far too close considering the difference of 40bhp.

I have been swithering about a box from DTUK but maybe a call to Andrew to see if he would be willing to lend me one for a weeks trial would put a smile back on my face! Glad to see you use the word "transformed" as it does give me some hope.

PS reading what I've written here looks like I'm not the GTD's biggest fan, I am!!!!! Just rather nieve to begin with

[davyk31]

Be cautious about looking at used cars, the interest rate is generally a lot higher so you could end up paying a lot more interest. They can do decent interest rates on used cars which are similar to new cars but it takes a bit of pushing to get this.

[Damo66]

This is why I always pay cash, if your was list price you will have a problem, I got my GTD in the middle of January and bought straight, the price I got it for was cheaper than a 2013 registered car. Your GTD is sought after in the used market and always will be, the petrol version will always depreciate more..

[monkeyhanger]

VirginVWman:

Comparing a 140 A3 to a 184 Golf to only 60mph won't see a massive gap - you won't be able to put all your power down until you hit 3rd. You'd notice more of a difference in the 40 - 80mph range. Even with the DTUK box, there are no real performance gains below 30mph, the car just can't get the power down. Knowing the extra is there when you want it in the overtaking range is quite a feeling though.

[virginVWman]

Yeh, fair point. Think i need to see what the dtuk box does before i make up my mind.
Clarksons review isnt helping my pain ha. 

[Misterp]

I am in a similar position to you.

I should point out I love the car. 

I received my GTD in September, however since then my commitments (both work and otherwise) have changed which means that my motorway traveling has significantly decreased. I am now using the GTD in and around town a lot more than I initially envisaged. I am paying £318.00 with a larger deposit to VirginVWman.  The economy on the GTD around town isnt all was initially cracked up to be (i know it will never meet the quoted figures but still...)

I was therefore in two minds about keeping the GTD and switching to a GTI as around town it wouldnt be much of a difference with the added bonus of not potentially damaging the DPF by the shorter start stop journeys.

I wanted to keep the GTD at the end of the finance by paying the balloon payment however now I will find myself changing earlier (2 years/2.5 years) in. To me, this way, the damage to my pocket wont be as great as changing now.

I have been invited to an event at my local VW garage, I will curiously go a long to see what they have on offer.

You know what curiosity did....