Is this a good deal?

[Golf-Ball]

Morning All,

As previously posted I'm considering a Golf GTI. I've found a pre-registered car with a spec I like which works out at 15% off list plus two free services if I finance a small amount. The deal includes a part-ex so drive to the dealers in one car, out in a shiny three month old GTI!

Seems I would struggle to beat this deal going for a factory order but i'd love to know what you think.

Cheers.

[vidman2]

If you are happy with the deal thats all that matters.

Assume it is just a prereg and not a ragged demonstrator, would not touch a demonstrator for only 15% off

[White Flag]

Similar to the deal I've just got: 5 door DSG with 6 miles on the clock for £24,500. 15% seems to be about the going rate.

[Exonian]

15% is a good deal, it soaks up a lot of the high early depreciation and makes the Golf more on a par with competitors price wise despite being a better all-rounder.
As said, so long as you're happy with the deal and the car feels 'right' then all is good!
A lot of people say don't go near ex-demos but aside from the initial launch cars that everyone seems to want to try out to see how they perform they don't all tend to lead that hard a life and so long as they are presented well and not trashed they are just as good as any other mass produced model. I've bought a few ex-demos and pre-red'd in my time and will in future too as they offer decent spec and value for money compared to a new order and they don' involve a six month wait!!! 

[Zayvin]

Sounds pretty good tbh. I would ask the question on what kind of deal they would do on a factory order though - the difference may not be as big as you think, especially if you are taking a finance deal.

[monkeyhanger]

Morning All,

As previously posted I'm considering a Golf GTI. I've found a pre-registered car with a spec I like which works out at 15% off list plus two free services if I finance a small amount. The deal includes a part-ex so drive to the dealers in one car, out in a shiny three month old GTI!

Seems I would struggle to beat this deal going for a factory order but i'd love to know what you think.

Cheers.

Is that 15% off basic list or 15% off the specced list? If it's 15% off the specced list and you're not impatient, i'd buy new - get 13% discount (broker price), get £750 finance contribution (if you're financing) which will more than wipe out that other 2%, and you'll be the first and only person (aside from delivery/checks) to have driven it.

If you are financing, you'll have to consider %APR too. Most VW finance on used ones is 2 or 3% more than the 7ish % you'll get on a new one. That will more than wipe out a few % of your 15% savings on the nearly new one.

You needn't wait an age for the GTI, the dealership might have spare allocation or be able to grab an unallocated built (or soon to be built) car that closely resembles or matches your desired spec.

[Golf-Ball]

Thanks for the replies. Lots of good points. The car only has 19 miles on the clock which seems on a par with other brand new cars I've had. Spec is probably what I'd now go for, so I just now really need to decide if the car is for me and if there might be any more money in the deal.

Will keep you posted!

[JBirchy]

Sounds like a fair deal to me at 15% when it's only done 19 miles. As above, just check the APR on the finance but if you're happy with that, go for it!

[p3asa]

Being pre registered you will be the second owner. If you change cars every 3 years or so it may rule out potential buyers as they will effectively be the 3rd owner in such a short space of time. Not sure if it has any effect trading it in but I doubt it. Just a thought.

Also I'm sure insurance is different. If something happens to a car in its first year of life, stolen,  written off, most insurance companies will replace it for a brand new car but only if you are the first owner.

If a brand new car works out the same as per Monkeyhangers post you may be better going that route.

[Mark V GTD]

If something happens to a car in its first year of life, stolen,  written off, most insurance companies will replace it for a brand new car but only if you are the first owner.

i think it only has to be less than a year old - also the small print often states subject to availability so its no substitute for a good GAP plan....

If zero lead time has real value for the OP then I would say go for it - on the other hand if they can wait a while then a new order will work out pretty much the same in real world costs and fee more special as its tailored to your specific requirements...