Buying a nearly new GTI

[gti2015]

Thank you for all the comments above incredibly useful. I think I'm now armed with enough info to get a decent deal.

Good to know why the used prices are being kept high, and sounds like I'll have a good chance of getting a discount. Haven't got a car to P/X which may help. The discounts from the brokers on new models are also very good. £4000 off so not a lot in it.

I'll probably try and avoid a demo if I can help it. I suspect that a lot of them get the treatment described above.

Im looking to spend 26k ish, so i think the R is out of budget and also don't really have a need for the extra power... as much as I'd like to have one.

I'll be looking around the kent area for a dealer.

Thanks again.

[Mark V GTD]

If you go through Drive The Deal you will get put in touch with a Kent dealer and save around 12%.

[p3asa]

Im looking to spend 26k ish, so i think the R is out of budget and also don't really have a need for the extra power... as much as I'd like to have one.

You've obviously not read the R threads then as the R is cheaper if buying on a PCP 

These figures were valid from September so may have changed. They are easily worked out on vw.co.uk

Monthly figures after a deposit of £5000.

OTR  £26,330    £29,900   £25,765

Term      GTI         R         GTD
x18       £482      £376      £406
x24       £382      £310      £326
x30       £360      £322      £318
x36       £338      £316      £298
x42       £322      £318      £295
x48       £307      £310      £282

[monkeyhanger]

P3asa: All those figures have changed in the last few days, GFVs have been hammered:-

GFV for R went from 60% to 50%
GFV for GTD went from 56% to 51%
GFV for GTI went from 51% to 48%

As a result the monthly PCP prices have gone up, the R most of all - a £3k drop in GFV there has added about £95 per month to the typical payment over a 36 month term. Not good news for many of us with an R on order. Trying to get VWFS to agree to honour the financial terms in place when I placed the order as going with finance on max deposit and the high GFV is less risky than buying cash and potentially having the car worth £3k less than anticipated.

[p3asa]

Yeah Matt I've just this minute read your other thread. However if they have all changed then it might very well even itself out as the R was considerably cheaper at certain terms.

Its down just now so can't check.

[914Phil]

If you want to buy nearly new I wouldn't let the tales of woe you read here worry you about ex demonstrators. I bought my 3 mth old mk7 PP from Vertu Nottingham, it was the Sales Managers car and was in perfect "as new" condition. They did me a deal I was very happy with and although I was offered some good deals by brokers including Drive the Deal, none stacked up as well as this for me in my particular circumstances. If you can wait and are happy with the personal lease route then good deals can be done. I would say I have owned other cars later in their life which started off as demonstrators and several thousand miles later they were in excellent condition. In reality any purchase new or used ex demo or one careful owner should be viewed dispassionately and the car carefully inspected, be prepared to walk away as there are many others out there.... The 3 years warranty is an excellent safety net if you are worried about a demo or similar.  Personally, I would say you need to decide on your "must have" specification and then evaluate rather than compromising on spec to fit a particular purchase route. You'll spend a lot of time behind the wheel and you don't want to be regretting not having for example sat nav or audio options if these matter to you. Either way it's a great car and you'll enjoy it!

[Mark V GTD]

The GTi seems to have a 750 quid deposit contribution from VWFS to assist it at the moment. I am seeing a difference of over 100 quid between like for like GTI and R purchases - quite a different situation from how it was until very recently.

A 3-door manual GTI (no options) at 5,000 miles and 36 months is under 300 a month and an R is now over 400! Both deals based on a 5,000 deposit.

[Exonian]

I've bought a few ex-demos and 'sales manager's company car's' over the years and even an ex-VW press fleet Polo GTI 1.8t once. They were all trouble free and any marks on them were fixed by the dealer before I saw them. Unless you're planning on keeping them well past the warranty period then it's not really an issue - cars are just mass produced white goods really, if you get a good one then all is well and if you get a lemon it'll always be trouble and the problems will show themselves soon enough.

You've got to weigh it up against the discount on a new one vs. the wait if you need a particular spec vs. part ex prices and so on. There's no perfect way of doing it, some deals you do really well on because you bought at the right time and other deals less so which you will only know in a few years when you come to sell the thing again.

[caprigreen]

I have bought new (GTI PP) through drive the deal, 12% discount, invoice price £24728 thats with white (extra £265 ish and Dyno audio £500 ish)  hoping to pick up the car this month. Have a 600 miles round trip but full tank of fuel I am told.

The demo at my local dealer was a year old , 8000 miles and they wanted £22 k ! Stones chips all over the front as the road surface was new , front  tyres need replacing. I have to say when I drove as a demo I drove it hard when not fully warmed up so expect most others did the same. Not saying all are like this but its something to consider. I would be looking at less that 20K to be tempted. However all depends on your budget.

[monkeyhanger]

Buy new with a 12% discount (Orangewheels, drivethedeal, carfile etc), you'll get a better APR% on a new deal than a nearly new one, so you might see same monthly outgoings on that discounted new one as that £24k second hand 1 year old one.