Pcp golf gti

[Moots]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

[gadgeygoo]

For a bit of perspective, next week I’m collecting a brand new GTI PP, brechias, metallic black. £500 deposit, £1500 VW deposit contribution, 4 years 9k miles, first 2 services, + first year road tax,  for £389/month. I managed to get that via OrangeWheels, which I’m  happy with really.

[Guzzle]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

I agree the prices are getting a bit mad. What do you have now? Entry level GTi's aren't what they were 2 years ago;-

No 3 door anymore
No manual gearbox
No non-PP version anymore
Lane assist, rear camera and keyless entry all standard now, which have all bumped the price up a bit.

On top of that they keep applying their inflationary increases.

[graham9883]

I managed  to get my golf gti tcr. £1500 deposit for £372  a month. Drive the deal do some  very  good  discounts  at the moment

[Moots]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

I agree the prices are getting a bit mad. What do you have now? Entry level GTi's aren't what they were 2 years ago;-

No 3 door anymore
No manual gearbox
No non-PP version anymore
Lane assist, rear camera and keyless entry all standard now, which have all bumped the price up a bit.

On top of that they keep applying their inflationary increases.

Currently in a grey 67 plate Golf Gti with pan roof, 230bhp not the performance pack

[Mutley75]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

I agree the prices are getting a bit mad. What do you have now? Entry level GTi's aren't what they were 2 years ago;-

No 3 door anymore
No manual gearbox
No non-PP version anymore
Lane assist, rear camera and keyless entry all standard now, which have all bumped the price up a bit.

On top of that they keep applying their inflationary increases.

One of the big factors is the exchange rate. In 2016, £1 would buy you €1.34. Today it’s worth €1.11. That’s 17% less GTI for your money. Or more accurately, it’s automatically 17% more expensive and that’s excluding three years worth of inflation.

[Jim_mk7.5]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

But no one would pay £35k list - discounts on the GTI are big so wouldn’t be that much difference for higher spec and better tech.

This one is the Performance version, pan roof, art velour and all the other 2019 additions. And it’s £28k.

https://www.autotrader.co.uk/classified/advert/201905037601703?lat-long=53.31965465144934%2C-1.5119039289785143&advertising-location=at_cars&transmission=Manual&keywords=Pan&year-from=2019&body-type=Hatchback&model=GOLF&page=1&aggregatedTrim=GTI%20Performance&make=VOLKSWAGEN&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used
 

[Moots]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

But no one would pay £35k list - discounts on the GTI are big so wouldn’t be that much difference for higher spec and better tech.

This one is the Performance version, pan roof, art velour and all the other 2019 additions. And it’s £28k.

https://www.autotrader.co.uk/classified/advert/201905037601703?lat-long=53.31965465144934%2C-1.5119039289785143&advertising-location=at_cars&transmission=Manual&keywords=Pan&year-from=2019&body-type=Hatchback&model=GOLF&page=1&aggregatedTrim=GTI%20Performance&make=VOLKSWAGEN&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used
 

It’s also used not brands new, so will obvs be cheaper?

[SRGTD]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

But no one would pay £35k list - discounts on the GTI are big so wouldn’t be that much difference for higher spec and better tech.

This one is the Performance version, pan roof, art velour and all the other 2019 additions. And it’s £28k.

https://www.autotrader.co.uk/classified/advert/201905037601703?lat-long=53.31965465144934%2C-1.5119039289785143&advertising-location=at_cars&transmission=Manual&keywords=Pan&year-from=2019&body-type=Hatchback&model=GOLF&page=1&aggregatedTrim=GTI%20Performance&make=VOLKSWAGEN&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used
 

It’s also used not brands new, so will obvs be cheaper?

But you can get a brand new Golf GTI performance 5 door manual - indium grey metallic with panoramic roof for £28,838.45 from Drive the Deal (discount of 16.6% off list price). That’s the 245ps model, as the non-performance model is no longer available. Bear in mind you’re also comparing what you paid for your non performance GTI with the current list price of the GTI performance, so not a like for like price comparison. Also bear in mind that pretty much no one pays list price - worthwhile discounts are available through the likes of Drive the Deal, Orange Wheels and Carwow etc.

In 2017, to upgrade the non performance GTI to include the performance pack option cost £995. If you adjust what you paid for your car to add the performance pack option to make the price comparison like for like, then it’d bring the price of your car up to just under £28k.

So, your car with performance pack; £28k. Current new price of a 5 door manual GTI performance with metallic paint and panoramic sunroof through Drive the Deal; £28,838. Approx 3% more (£838) than the adjusted price of your car.

[kmpowell]

Cost seems to be daft atm, my golf gti 2 years ago manual with metallic paint and pan roof was £27k I think. Now for a similar spec it’s £35k. Wtf is going on?

But no one would pay £35k list - discounts on the GTI are big

Discounts haven't risen in line with the price rises though, so the car does cost more today. 

The base OTR price of a GTI PP has risen by just over £1000 in the last 6mths, and discounts have dropped. For every £1000 on or off the total OTR cost, it equates to circa £25-30 per month on a monthly payment, so buying today straight away a Golf is £25-30 per month more expensive than it was, and that's before you start thinking about discounts, adding options etc.

I got mine back in December 2018 before the two price rises, and it costs me c£465 a month over 4yrs with £1000 in from me. Compare that to the person a few posts back who pays £365 over the same term also with £1000 in, then on paper theirs is 'cheaper', but mine has/had £6500 of options which normally on a PCP equates to c£185pcm on the monthly payment. So with the bigger discount I got back then and lower initial OTR cost, my car is actually (once the maths is done) cheaper than his/hers.

So Moots is right, the base price of a car has risen, discounts have dropped, and a Golf today is a more expensive than it was a short time ago, and drastically more expensive than it was 12months+ ago.

As said, you cannot judge if a car is a good deal just by looking at the 'monthly' price alone.