« Reply #5 on: 13 March 2019, 15:23 »
Often the run out models are the very best ones to buy.
With the pre-facelift mk7 VW lopped off £3250 on top of dealer discounts making them an absolute steal.
With the 7.5 they’re now loaded with extras and there are huge discounts by the looks of it.
Value wise versus waiting for a mk8 with unknown spec and price is very dependent on many things.
Brexit will cloud the water, potentially anything could happen. Import taxes? Major recession? No Brexit?
These things will influence demand, retail costs and future values of used cars which are all relative.
There are literally dozens of ways of looking at it and juggling figures around.
Being as we pretty much know the styling of the mk8 won’t be revolutionarily different and we also know from history Golf buyers are a conservative bunch and therefore values of outgoing models hold strong until the incoming model itself has been around quite a while. This means mk7 models won’t depreciate unreasonably once you take huge discounts into consideration alongside good demand and long lead times.
VW know how to play their market.
I’m not sure what I’d do in the OP’s shoes.
Depends on the financing, what’s owed or what depreciation on the old car (cost to change in other words) and whether there are any big bills coming up on the existing car.
I could look at it from my own situation I suppose. Car approaching two years old so a nigh on £400(?) service due any minute now (counter flashing in days), £600-800 worth of new tyres needed on my Prets (admittedly I have a nigh on brand new set on my Belvederes) and road tax due.
Car value approx £24700.
Add bills together in rough estimate: £1300 I’ll never see back if I keep the car.
Personally if I was offered an in stock GTI 245PP with Brescias for circa £26k I’d probably be mad not to go for it at approx £1500 to change to a brand new fully taxed car and a set of wheels that could offset most of the cost to change.
(Thankfully I’ve not been looking!)
Traditionally that’s how I’ve done my timing of car changes, avoiding big dead money bills to offset some of the depreciation.
Admittedly previously the cost to change would have been massively more than £1500 or so (nearer £10k) and therefore you really have to weigh up longer term of the likely future depreciation of your existing car (plus any balloon payments, I’ve never had a PCP) and expected repair and wear & tear costs versus the depreciation to the same date point of your potential new car.
Therefore if you set it that you want a mk8 or whatever in Sept 2021 you will have to do a bit of research and maths.
There are masses of variables though.
Logged
‘25 8.5R, ‘23 8R, ‘20 8CS, ‘19 135iX, ‘19 TCR, ‘17 Ed40, ‘17 GTD, ‘15 7R, ‘13 GTI PP, ‘11 GTI, ‘09 GTI, ‘98 Ibiza Cupra, ‘05 GTI, ‘06 Polo GTI, ‘04 GT TDI, ‘05 Fabia vRS, ‘02 GTI T, ‘03 Ibiza TDI 130, ‘01 Leon 180, ‘89 mk2 16v, ‘99 Ibiza TDI, ‘96 VR6, ‘98 Ibiza TDI, ‘92 VR6, ‘88 mk2 8v, ‘92 Polo G40, ‘91 mk2 8v, ‘89 mk2 8v, 205 GTI 1.9, ‘83 mk1 GTI, ‘80 Scirocco GTI, plus some others I’ve forgotten
