Where are used car prices with the MK8 launch and other worldly troubles?

[mcmaddy]

With my PCP due to finish at the end of the year I'd been keeping an eye on prices.

Early March I checked WBAC compared to my early settlement figure and I had just under £3000 equity to put into a new car.
I was hoping the MK8 R would at least be unveiled before I did anything but alas its not.

I checked WBAC yesterday compared to my early settlement figure and it now looks like I have just £450 equity from my current R.

Its plummeted £2500 in 4 months!!!

At this rate I would be as well just handing the keys back to VW come December and walking away.

I wouldn't be going off WBAC prices. They are offering people well below correct values as they know some people will be desperate to sell due to job losses etc.

[p3asa]

wouldn't be going off WBAC prices. They are offering people well below correct values as they know some people will be desperate to sell due to job losses etc.

Fair point.

I was just using them as that was the original buying agent I'd tried.

[barrym381]

wouldn't be going off WBAC prices. They are offering people well below correct values as they know some people will be desperate to sell due to job losses etc.

Fair point.

I was just using them as that was the original buying agent I'd tried.

I know a couple of dealers that might offer more if that’s your plan in selling rather than handing it back to dealer 

[mcmaddy]

Could try motorway.co.uk too👍

[monkeyhanger]

^ Did you make enquiries Chris? Just wondering if they could offer more than your p/x price.

[mcmaddy]

I didn't look to be honest Matt, and to be fair without knowing when the new one is going to arrive I couldn't be chewed of the hassle of trying to work out dates to sell etc. Probably have a check when the TCR is in the country next Julember.

[monkeyhanger]

I didn't look to be honest Matt, and to be fair without knowing when the new one is going to arrive I couldn't be chewed of the hassle of trying to work out dates to sell etc. Probably have a check when the TCR is in the country next Julember.

If you weren't sure yours had already been built, I'd say they were waiting to build you a MK8 GTI.

[mcmaddy]

 

[jv]

next Julember.

funny but totally ridiculous at the same time.
"When will my 40 grand vehicle arrive?"
"No idea mate"

Tempted to go through with cancelling it? Or would there suddenly be some contract terms against it?

[barrym381]

I didn't look to be honest Matt, and to be fair without knowing when the new one is going to arrive I couldn't be chewed of the hassle of trying to work out dates to sell etc. Probably have a check when the TCR is in the country next Julember.

If you weren't sure yours had already been built, I'd say they were waiting to build you a MK8 GTI.

Or at least dealer demonstrators mk8 GTI will be on the same boat