£1250 dealer contribution on R & GTD now

[Mk7-GTD]

Evo I have a 5 door DPB with Nav and leather that I am looking to offload for a gti or r now that the offers are around 

Give me a call.

Fire me a PM with your number and what you would like in terms of spec and I will give you a call on Saturday when I am back in with what I have found.

Seriously, you replied at 1:12am on New Years morning. That is what you call a dedicated dealer!

[CarbonGreyGTD]

I've been into the dealers this weekend and got a finance offer on a Carbon Grey 5dr GTD, the offer includes both the £1000 loyalty bonus and £1250 finance contribution. Happy with the deal in general but the GFV seems low at £12500, the online VW finance calculator gives a GFV of £13564 over 3 years and 10k miles. Dealer says he can't alter the GFV as it's fixed by VW Finance, is he bull*hitting me? I seem to recall someone else having a similar issue but can't find the thread.
The low GFV is pushing my monthly payment up by about £25/month which I can afford but if I hand the car back after 3 years I'll be 1k out of pocket.
Has anyone had a finance offer on a GTD recently and is willing to share their GFV value?

Thanks

[evo1986]

Give me a few minutes and I will check on our Volkswagen connect online system to make sure that is the maximum.

[evo1986]

£12,280 is the highest GFV I can get using Volkswagen finance.

That's based on a 5 door GTD manual set on 10,000 miles per year over 36 months

[monkeyhanger]

I've been into the dealers this weekend and got a finance offer on a Carbon Grey 5dr GTD, the offer includes both the £1000 loyalty bonus and £1250 finance contribution. Happy with the deal in general but the GFV seems low at £12500, the online VW finance calculator gives a GFV of £13564 over 3 years and 10k miles. Dealer says he can't alter the GFV as it's fixed by VW Finance, is he bull*hitting me? I seem to recall someone else having a similar issue but can't find the thread.
The low GFV is pushing my monthly payment up by about £25/month which I can afford but if I hand the car back after 3 years I'll be 1k out of pocket.
Has anyone had a finance offer on a GTD recently and is willing to share their GFV value?

Thanks

Had a similar discussion with the Audi dealer when I got the wife her A1. They reduced the GFV by the amount they'd discounted the car, it never went through finance in the end but the GFV on the finance quote was well down on what was being advertised on Audi's website. Maybe standard practice to now claw back some of that discount/incentive at trade-in time? If you stick with VW and know what you should be getting in p/x (i'd normally expect 85% of the sticker price for similar cars to the one you're chopping in within the dealer's used stock), but if you walk away, that could be seen as a grand lost.

The VW GFVs are falling quite sharply at the moment - continued fallout from the VW scandal and the effect of plenty of incentives to keep the order books healthy? 45% of RRP after 3 years for a GTD is now looking like BMW territory. It was 55% when the first GTDs were ordered around Easter 2013.

[CarbonGreyGTD]

£12,280 is the highest GFV I can get using Volkswagen finance.

That's based on a 5 door GTD manual set on 10,000 miles per year over 36 months

Thanks Evo, at least I know I'm getting the highest available GFV.

Had a similar discussion with the Audi dealer when I got the wife her A1. They reduced the GFV by the amount they'd discounted the car, it never went through finance in the end but the GFV on the finance quote was well down on what was being advertised on Audi's website. Maybe standard practice to now claw back some of that discount/incentive at trade-in time? If you stick with VW and know what you should be getting in p/x (i'd normally expect 85% of the sticker price for similar cars to the one you're chopping in within the dealer's used stock), but if you walk away, that could be seen as a grand lost.

The VW GFVs are falling quite sharply at the moment - continued fallout from the VW scandal and the effect of plenty of incentives to keep the order books healthy? 45% of RRP after 3 years for a GTD is now looking like BMW territory. It was 55% when the first GTDs were ordered around Easter 2013.

I'm relatively happy with my offer, just wanted to check that I was receiving the correct GFV. It did feel like I was given a loyalty bonus with one hand which was then taken away with the other. I suppose residuals will be further hit with the current offers so it makes sense that GFV's are declineing accordingly.

[Mark V GTD]

Yes I think this is very much the case. Although the low GFV will help to generate (hopefully) some equity after three years. The older (circa) 16k GFV, if available now, would see a much larger number of cars handed back after three years - not something VW would want - hence the reduced GFV we are seeing now.

[evo1986]

Let's  assume you have got a sensible discount taking into account the loyalty discounts, deposit contributions etc you can get a 5 door GTD with metallic paint for under £24000. For them to offer a GFV of £12,280 after 3 years and 30,000 miles of usage that's a GFV of over 50% of the true cost of the car and in 3 years it will be an old model I think that's very fair. But I would say that I work for them : )

I guess the people who bought them on VW solutions 3 years ago and had an unusually high GFV in my opinion are now probably very glad they did have it on PCP. Because deep down in my head I knew that 3 years ago those really high GFV's were only going to end up in lots of cars being handed back to Volkswagen finance and gave customers a low monthly payment. It meant 3 years ago you could drive a GTD on vw solutions for less than a Golf match 2.0 tdi or a GT 2.0 tdi........

[clmac]

I see VW have extended the £1250 dealer contribution from the GTI to the R & GTD if you buy using a PCP.
That plus £1000 loyalty bonus is not a bad offer at all.
If you add those savings to the broker price you can get a really good deal. if it can be registered before the end of March.

3dr R at £24,625

3dr GTD at £21,042  <--- thats a steal considering the equipment it comes with.

Hi, I'm also looking at the current dealer contribution, finance, loyalty's etc for the GTD.
Is the above quote of (3DR at 21,042) actually possible at the mo.
Orange Wheels have quoted me 23,064 (basic) which is 2,000 more and I was hoping that someone or a salesman could point me in the right direction please. thanks clm

[p3asa]

Hi, I'm also looking at the current dealer contribution, finance, loyalty's etc for the GTD.
Is the above quote of (3DR at 21,042) actually possible at the mo.
Orange Wheels have quoted me 23,064 (basic) which is 2,000 more and I was hoping that someone or a salesman could point me in the right direction please. thanks clm

Yeah its available https://www.drivethedeal.com/default.aspx