Author Topic: Thoughts on price?  (Read 2966 times)

Offline Cossieian

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Thoughts on price?
« on: 12 May 2015, 19:05 »
So I've got my car for sale, been offered £19k for it, this is a bit less than I ideally wanted but what do you's think?
2014 GTD in Pure white, 8k miles :smiley:
Current: MK7 Golf R (Limestone Grey) DSG, 19 Prets, Winter Pack, Rear Camera, High Beam Assist, Apple Connect, Gloss Black Mirrors
Gone: MK7 Golf R (Tornado Red) DSG, Winter Pack, Keyless, Gloss Black Mirrors
Gone: MK7 Golf GTD (Pure White)

Offline benmartingolf

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Re: Thoughts on price?
« Reply #1 on: 12 May 2015, 19:33 »
So I've got my car for sale, been offered £19k for it, this is a bit less than I ideally wanted but what do you's think?
2014 GTD in Pure white, 8k miles :smiley:

Not sure about the price as I'm new to VW's but what spec is it and how come you're getting rid?
Collect 28th May 2015

GTI MK7, Pure White, 5 Door, DSG, Performance Pack, Discover Pro, Dynaudio, Keyless

Offline monkeyhanger

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Re: Thoughts on price?
« Reply #2 on: 12 May 2015, 19:48 »
If that's "2014" as in Jan 2014 on a 63 plate, i'd say that's fair, especially against another car yet to be built (is that the case?). If it's a bona fide 14 plate then to sell right now i'd be aiming for at least £20k. £19k for a 14 plate in p/x against say an R that won't be here for 6 months also seems fine.
Whey ya bugger! It's finally arrived after an 8 month wait....
MK7 R 5 door, manual, Lapiz Blue, Prets.

Offline Cossieian

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Re: Thoughts on price?
« Reply #3 on: 12 May 2015, 20:58 »
If that's "2014" as in Jan 2014 on a 63 plate, i'd say that's fair, especially against another car yet to be built (is that the case?). If it's a bona fide 14 plate then to sell right now i'd be aiming for at least £20k. £19k for a 14 plate in p/x against say an R that won't be here for 6 months also seems fine.

It's May 2014, so whatever that is, vanilla spec ie no options
Current: MK7 Golf R (Limestone Grey) DSG, 19 Prets, Winter Pack, Rear Camera, High Beam Assist, Apple Connect, Gloss Black Mirrors
Gone: MK7 Golf R (Tornado Red) DSG, Winter Pack, Keyless, Gloss Black Mirrors
Gone: MK7 Golf GTD (Pure White)

Offline Mark V GTD

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Re: Thoughts on price?
« Reply #4 on: 12 May 2015, 23:37 »
If its manual with no options I don't think the price is an insult but its not exactly amazing either. What context is this in, dealer offer, private buyer? what are you asking for it?

Offline Cossieian

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Re: Thoughts on price?
« Reply #5 on: 13 May 2015, 08:01 »
If its manual with no options I don't think the price is an insult but its not exactly amazing either. What context is this in, dealer offer, private buyer? what are you asking for it?

Yes it's a manual, and a private sale, tbh I didn't really want to go below £20k, £19.5k at a push, I see similar cars for sale a year older and twice the miles for the same price.

I'm In no panic to sell so maybe I should just hold out for what I want, thanks :smiley:
Current: MK7 Golf R (Limestone Grey) DSG, 19 Prets, Winter Pack, Rear Camera, High Beam Assist, Apple Connect, Gloss Black Mirrors
Gone: MK7 Golf R (Tornado Red) DSG, Winter Pack, Keyless, Gloss Black Mirrors
Gone: MK7 Golf GTD (Pure White)

Offline monkeyhanger

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Re: Thoughts on price?
« Reply #6 on: 13 May 2015, 08:11 »
If that's "2014" as in Jan 2014 on a 63 plate, i'd say that's fair, especially against another car yet to be built (is that the case?). If it's a bona fide 14 plate then to sell right now i'd be aiming for at least £20k. £19k for a 14 plate in p/x against say an R that won't be here for 6 months also seems fine.

It's May 2014, so whatever that is, vanilla spec ie no options

Seems fair on Vanilla spec. My 63 plate GTD (6 months older than yours) was given a p/x in Sept of £18500 against an expected March trade-in date. Assuming you are aiming for a new car in Sept, you're in the exact same situation - 1 year old car at point of ordering the new one, which will be 18 months old at point of trade-in. You're getting £500 more than me for a car that cost a little more but depreciates a little more as a %, so you got a fair price IMO.

But to put your price in perspective - it is only a fair p/x price on the assumption you're getting a very good discount on the new one, and you are. If you want an R then i'd snap their hands off for 11% to jump the queue.

If you want an ED40, you should expect the same p/x price if they can offer a similar level of discount. If they are offering next to nowt off it then i'd be looking to get at least a grand more p/x to subsidise the lack of discount. Your £19k PP will be sat on their forecourt in Sept for at least £22k.
Whey ya bugger! It's finally arrived after an 8 month wait....
MK7 R 5 door, manual, Lapiz Blue, Prets.

Offline monkeyhanger

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Re: Thoughts on price?
« Reply #7 on: 13 May 2015, 08:13 »
If its manual with no options I don't think the price is an insult but its not exactly amazing either. What context is this in, dealer offer, private buyer? what are you asking for it?

Yes it's a manual, and a private sale, tbh I didn't really want to go below £20k, £19.5k at a push, I see similar cars for sale a year older and twice the miles for the same price.

I'm In no panic to sell so maybe I should just hold out for what I want, thanks :smiley:

That changes everything - I thought we were talking p/x not private sale. I'd be looking to get £2k less than VW forecourt sticker price at time of sale. A likely £22k in Sept should mean £20k for you to sell privately.
Whey ya bugger! It's finally arrived after an 8 month wait....
MK7 R 5 door, manual, Lapiz Blue, Prets.