Author Topic: Mk8 gti ordering  (Read 72252 times)

Offline Guzzle

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Re: Mk8 gti ordering
« Reply #190 on: 29 December 2020, 11:49 »
I'm not sure even dealers know what will happen in the next quarter, and even if they did i'm not sure they'd tell you (unless the deal was expected to be worse than the current one).

I'm sure there'll be a deposit contribution of some sort, except in the unlikely event that they bring back 0% finance.
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Offline fredgroves

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Re: Mk8 gti ordering
« Reply #191 on: 29 December 2020, 14:12 »
I'll guess I'll find out what is happening as I can't order until January anyway :-/
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline Guzzle

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Re: Mk8 gti ordering
« Reply #192 on: 02 January 2021, 12:47 »
So it looks like VW have dropped their interest rate slightly to 4.9% and the £1,250 deposit contribution is still there. 👍

Looks like the GFV's might be slightly lower though  :undecided:
« Last Edit: 02 January 2021, 13:03 by Guzzle »
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Offline fredgroves

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Re: Mk8 gti ordering
« Reply #193 on: 02 January 2021, 13:07 »
Lol swings and roundabouts, always is. Total amount payable in charges to vwfs remain.
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline fredgroves

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Re: Mk8 gti ordering
« Reply #194 on: 05 January 2021, 14:36 »
I just got a 2021 quote back.

APR is down
Service pack price is up (from 199 to 269)
GFV is flat

Interesting point here.... a bog standard GTI DSG in moonstone has the same GFV as one with ~2.5k of options - thats ~60 quid a month you are never getting back.

Moral of the story, options are poor value :-/
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline Guzzle

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Re: Mk8 gti ordering
« Reply #195 on: 05 January 2021, 14:48 »
If options add nothing to GFV, surely that's another reason to go PCH over PCP?
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Offline Exonian

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Re: Mk8 gti ordering
« Reply #196 on: 05 January 2021, 14:52 »
Options are very poor value, the 128ti will be exactly the same.
My advice would only ever get things you’ll get value for money from yourself unless you’re buying a limited production enthusiast special model where certain options will add a fair bit of value so long as you sell the car through more specialised channels. Main dealers and the general trade by and large won’t give you much, if anything, back on the thousands you’ve spent on luxuries. Even private buyers want something for nothing much of the time.
Some things will add part-exchange value on certain cars. Pretorias made a significant difference to mk7 R retained values but probably didn’t affect the GFV much.
PCP’s are becoming more like general leases for that sort of thing and the market is very unpredictable right now for obvious reasons.

There aren’t any options on a mk8 GTI I’d consider remotely essential, although if you drive on unfamiliar roads often then the HUD would be quite useful (but far from essential). 
‘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 

Offline fredgroves

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Re: Mk8 gti ordering
« Reply #197 on: 05 January 2021, 15:12 »
If options add nothing to GFV, surely that's another reason to go PCH over PCP?

PCH wouldn't be any different to PCP on options - its just not as starkly obvious with PCH because you don't see the residual value, you just see the monthlies  -although you could work it out - how much does my 24 month lease go up by each month if I add £1000 of options - chance are its 41 quid!

Exonian, I know the 128ti would be the same....

In the past I've carefully looked at options to see what does and doesn't have any residual value. Most options don't but some do.

The BMW dealer I am dealing with helpfully showed me which ones have any residual value.... its these:

Leather Seats
Panoramic Sunroof
Head Up Display
HK Sound
Live Cockpit Pro
Comfort Package 2
128ti Pro Package
Technology Package

In my Golf spec I was talking about above, it has HK and HUD (plus about another 4 things). Not one of them budged the GFV a penny.

I know GFV isn't the forecourt price for a car, its only roughly a trade value but none the less....  :cry:
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline JoeGTI

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Re: Mk8 gti ordering
« Reply #198 on: 05 January 2021, 15:17 »
Its the same here in Ireland. Options add zero to the GFV, they never have added anything. "DSG" is the only outlier, a car equipped with DSG does have a higher GFV, its considered a different model than the manual car in the finance calculator side of things.

My experience with options is just as Exonian says, dealers don't care when you bring the car back as a trade in. They'll value it solely on mileage/year/general condition relative to a standard non-optioned car.

Some options however make the car a bit more desirable, more forecourt appeal, it might sell quicker than a standard car, but not for much more money. E.g. I reckon a car with a pano-roof is more appealing in the used market than a car with DCC. The roof has showroom appeal, DCC is "invisible" but arguably more useful to those in the know.
MK8.5 GTI Clubsport. Moonstone grey. Queenstown 19’s. DCC. Harmon Kardon sound. Pano roof.

Offline Guzzle

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Re: Mk8 gti ordering
« Reply #199 on: 05 January 2021, 16:09 »
If options add nothing to GFV, surely that's another reason to go PCH over PCP?

PCH wouldn't be any different to PCP on options - its just not as starkly obvious with PCH because you don't see the residual value, you just see the monthlies  -although you could work it out - how much does my 24 month lease go up by each month if I add £1000 of options - chance are its 41 quid!

Yeah I know. What I meant was that PCH is usually cheaper than PCP to start with. If there is no pay back on the options, then you're paying 4.9% interest on them besides the price of the car. Making it even more expensive than PCH.
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