Time to part with GTD

[mcmaddy]

I know this is harsh but you can't have everything. Getting rid early is still effectively saving you money over the remaining 13 months so it's not that bad apart from having to find the money in one chunk. You've got offered the same ish figure I did at just over 24 months old with quite a few options. Pcp's are great but not if you terminate them early.

[Mark V GTD]

I have always terminated early in the past - but this is the first time with negative equity. My Scirocco two years ago netted a 2k surplus after 15 months (that was because I got it at 11 months old for a fantastic price)! The Golf Match mk.6 before that was neutral and the dealer just paid the finance off for me.

[isleaiw]

I have always terminated early in the past - but this is the first time with negative equity. My Scirocco two years ago netted a 2k surplus after 15 months (that was because I got it at 11 months old for a fantastic price)! The Golf Match mk.6 before that was neutral and the dealer just paid the finance off for me.

I'm not sure it is PCP per se as much as the ridiculous deals that manufaturers are throwing out on new models in an attempt to shift metal - 24% off a 3 series, not far off on an A6 etc etc. If new ones (and new car finance rates) are so attractive second hand ones have to be lower priced to compete... I sold a 16 month old GTi and had equity in Aug 2015 - but I bought a stock car for a very good price and residuals were a tad better then....

I'm also shifting an A6 with negative equity - but even my Mini is in the red and that never used to be the case with Minis. That one is in part because I went made with the options and we know thats like throwing money away....

[ffrank]

Diesel gate hasn't helped either, whether that's direct used market impact or the extra deals VW are doing in part to it.

Sorry to hear that Mark, hope you get a good price - will you try private sale too? Might give you the best price, and normally the buyer can pay the finance instead of you so it makes it easier to achieve.

[Mark V GTD]

Yes I advertised yesterday and I have an offer from a private buyer - just need to seal the deal :-)

[Mark V GTD]

Advertising at 17,995 I have had a few enquiries now, which has renewed my faith in Autotrader a bit. My buyer comes tomorrow to collect so fingers crossed it all goes to plan!

[AntGTD]

Sold my base spec 2013 GTD with 23k for just over £16.6k. It took less than 4 hours to sell!

[Mark V GTD]

Well - she went to her new owner today. Private buyer and sold at 17,750 - so I'm pretty happy with that, all things considered.... farewell GTD :-(

[Exonian]

:-(

[AntGTD]

I have been driving a Peugeot 208 for the last week, it would be safe to say i can not wait for my Mk7 GTD!!