Mk8 gti ordering

[fredgroves]

Is it just me or does that grey one have ninety percent tinted rear?

[AndyGTI]

I thought I had seen something that it was standard but the configurator says 65% tint is standard

And no option for 90% tint either on the configurator or price list.

It does look very dark

[fredgroves]

I got back a PCP quote.... bog standard GTI DSG in freebie white. 3 years PCP, 12k miles per annum GFV of £15,907.

TBH thats a pretty good residual - its practically 50%.

The 5.4% interest rate not so good - its nearly 100 quid a month in interest alone - which in relation to the monthly payments, its almost 25% of the monthly 400 quid payments. Seen like that, it highlights the starkness of the sting - maybe some of you have never looked at it like that before.

Definitely if you can do it, take the PCP and cash out. You definitely won't be seeing £100 a month interest on your cash in the bank anytime soon!

[king monkey]

I got back a PCP quote.... bog standard GTI DSG in freebie white. 3 years PCP, 12k miles per annum GFV of £15,907.

TBH thats a pretty good residual - its practically 50%.

The 5.4% interest rate not so good - its nearly 100 quid a month in interest alone - which in relation to the monthly payments, its almost 25% of the monthly 400 quid payments. Seen like that, it highlights the starkness of the sting - maybe some of you have never looked at it like that before.

Definitely if you can do it, take the PCP and cash out. You definitely won't be seeing £100 a month interest on your cash in the bank anytime soon!

Thanks for the info Fred. This is why I got the PCP then paid it off with a personal loan with my R. Only 2.9% and it’s so straightforward to work out what you owe and have paid. It’s one of the reasons I was in a decent position when I was looking at the TCR. I’d never buy on pcp again if I could avoid it.

[Guzzle]

To get an idea if that 3 year GFV is conservative or not, have you had any valuations for your current car?

I remember getting quotes for mine 3 years ago. I was tempted to go the PCP route as I wanted the flexibility it offered. But even with the hefty broker discount it still worked out something like £100 per month more than PCH. The PCH also included breakdown cover and the 2nd years tax. So that's the way I went. Obviously that didn't take into account the possibility of equity at the end of the PCP term, but at the time I didn't have much confidence in the level of the GFV providing much equity.

Things are different now though and lease is certainly not as attractive as it was back then. All things considered i'd try to avoid PCP though where the interest rate is on the high side. If you've got the cash or you're able to get a personal loan at a lower rate (appreciate it's not always that easy, especially for a large amount) then i'd do as said above. Take the finance incentive then pay off asap.

[fredgroves]

To get an idea if that 3 year GFV is conservative or not, have you had any valuations for your current car?

Yes, I'd say looking at my current GTD, that figure sounds neither too high or too low.

Its a brand new model, in three years time its still the brand new model and the first 3 year old stock available.

To put it into perspective, thats 3k more than the GFV on a TCR quote I got earlier this year and the TCR was 5k more expensive than this bog standard GTI DSG too - 8k difference to pay for (plus interest) over 36 months...

which is why the Mk8 is 400 quid a month and the TCR was 600...

I was concerned that the Mk8 was going down this path of super expensive crazy, seems not though. Or not right now anyway.

[Guzzle]

For comparison purposes.

Golf Mk8 GTi DSG personal contract hire;-
Flat white paint, no optional extras
3 years, 10k miles per year
Initial rental £2,121.84
Monthly payments 35 x £353.64
Total lease cost including tax & breakdown cover £14,499.24

[Thornster]

That's not a bad price at all.

I've moved from PCPs to PCH/Lease on my last car, and not sure i'd go back to PCP now.

Would you mind sharing who you obtained the quote from?

[Guzzle]

No problem. Was Listers via What Car leasing. Manual available also at lower cost.

https://www.whatcar.com/car-leasing/deals/#price_type=personal&manufacturer_id=86&range_id=r253&derivative_id=159076&mileage_id=0&contract_length=36&type=0&

[Thornster]

@ Guzzle - great thankyou.