Author Topic: Guide valuation  (Read 6617 times)

Offline P6GTD

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Re: Guide valuation
« Reply #10 on: 30 October 2023, 22:01 »
If you assume a typical dealer markup of between 2k and 3k, that tells its own story.

WBAC absolute bandits.
2019 5Dr Mk7.5 Performance DSG. Indium Grey with DCC (and TCR spoiler)

(Previously two Mk7 GTIs, Mk6 GTI and Mk6 GTD)

Offline P6GTD

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Re: Guide valuation
« Reply #11 on: 30 October 2023, 22:05 »
A couple off months ago I got valuations from Cazoo and Cinch. On the same day with identical inputs I got a £2k difference between them. Unfortunately I can’t remember which was which but unless there are some crazy algorithms at work it suggests someone is relying on the power of advertising.
2019 5Dr Mk7.5 Performance DSG. Indium Grey with DCC (and TCR spoiler)

(Previously two Mk7 GTIs, Mk6 GTI and Mk6 GTD)

Offline Yusee

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Re: Guide valuation
« Reply #12 on: 30 October 2023, 23:39 »
Doesn’t get enough praise the manual gearshift on these cars, imo.

A big part of the enjoyment of driving, even on a boring commute to work.

It’s an absolute beauty.
2018 Golf GTI Performance  5dr manual, Isaac blue
1988 Peugeot 205 GTI 1.9, 2022 Triumph Street Triple R, 2016 Seat Alhambra.

Offline Hertsman

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Re: Guide valuation
« Reply #13 on: 31 October 2023, 09:58 »
If you assume a typical dealer markup of between 2k and 3k, that tells its own story.

WBAC absolute bandits.

That's a good way to measure the true worth of a car, find similar spec, mileage etc at a dealer and take £3000 off and that's likely your trade in price.

Have sold and bought two cars in last 18 months and personally have a fixed amount of money that prepared to pay to change, and look at cars that are maybe stretching beyond what think mines worth + my change money and maybe a squidge more, and in this levelling down market was able to squeeze deals on both that met my change figure.

In the end how much get for yours on paperwork and how much a dealer was asking is irrevelant, its how much paid to change that counts. The trick is to go in close to what's reasonable but on your side of winning and not try luck with ridiculous offers as dealer will just switch off and not be willing to work with you. Finally be prepared to walk away if your change figure increases by more than £250, that was my flex anyway, but got both my cars by sticking to my change money to the penny despite being pushed for more at start of of discussion.
Present - BMW 128Ti Alpine White, 18" Performance Tyres, Sun Protection Glass, Parking Assist, Heated Steering, Boston Trim, Split Folding Rear Seats, Electric Lumbar Support
- 2nd car: 2019 Golf R DSG Pure White 19" Black Pretoria, Privacy Glass, Rear View Camera, Dynaudio, Keyless
- 2019 Pure Grey GTI TCR 5 Door DSG Reifinitz Wheel DCC Climate Screen 90% Tint
- 2016 Lapiz Blue Golf R 5 Door DSG Pretoria DCC
- 2013 Pure White GTD 5 Door DSG DCC

Offline willni

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Re: Guide valuation
« Reply #14 on: 31 October 2023, 17:21 »
Dealers are expecting to sit with cars longer now, given the rise in interest rates and don't want to overpay for them or they'll make a loss, hence the low offers on these websites. Additionally to this you have customers cancelling orders and dealerships being on the hook for these cars as well (look how many mk8 R's are for sale!)

As Hertsman has said, cost of change is what you're looking at. I've been tempted by a local TCR, but the cost to change in beyond my budget, even including the beyond budget max.

At the end of the day manual or automatic it's the same car, what you like about the car you'll still like and what you hate you'll hate.

Mk7.5 GTI - Performance Pack, DSG, Sunroof, Dynaudio, Pro Nav, Vienna Leather, Climate Windscreen & last of the 3 doors....Many Sets of Alloys...

Prev - Mk7.5 White Silver, Vienna Leather, Sunroof, Helix Sub, Many Wheels

Follow my 7.5 build on the forum https://www.golfgtiforum.co.uk/index.php?topic=287596.msg2638666#new or on Instagram https://www.instagram.com/willy_gti7.5pp/

Offline Snoopy

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Re: Guide valuation
« Reply #15 on: 31 October 2023, 19:22 »
As a guide I use whatcar or autotrader valuations.
https://www.whatcar.com/car-valuation/
Mk6 GTI  &  Mk1 GTI 
34 years of GTI ownership.

Offline Adam T7

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Re: Guide valuation
« Reply #16 on: 31 October 2023, 19:30 »
As a guide I use whatcar or autotrader valuations.
https://www.whatcar.com/car-valuation/

Selling privately, £21K - big difference compared to WBAC.
MY2019 GTI Mk 7.5 Performance. DSG, 5 Door, Rear Camera, Climate Windscreen and Rear Window Factory Tints, Indium Grey.

Offline Sean G

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Re: Guide valuation
« Reply #17 on: 31 October 2023, 21:05 »
I sold a grey 5 door manual to a non Vw dealership in May with 38k on it
Car was immaculate and needed nothing
He gave me £21k for it . 2k more than the VW dealer was offering on a trade in
Forget about WBAC - you’ll get plenty more than they are offering

Offline Adam T7

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Re: Guide valuation
« Reply #18 on: 31 October 2023, 21:37 »
I sold a grey 5 door manual to a non Vw dealership in May with 38k on it
Car was immaculate and needed nothing
He gave me £21k for it . 2k more than the VW dealer was offering on a trade in
Forget about WBAC - you’ll get plenty more than they are offering

I guess with WBAC, someone has had to pay for the incredibly tedious adverts over the years.
« Last Edit: 31 October 2023, 22:00 by Adam T7 »
MY2019 GTI Mk 7.5 Performance. DSG, 5 Door, Rear Camera, Climate Windscreen and Rear Window Factory Tints, Indium Grey.

Offline Hertsman

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Re: Guide valuation
« Reply #19 on: 01 November 2023, 10:11 »
Dealers are expecting to sit with cars longer now, given the rise in interest rates and don't want to overpay for them or they'll make a loss, hence the low offers on these websites. Additionally to this you have customers cancelling orders and dealerships being on the hook for these cars as well (look how many mk8 R's are for sale!)

As Hertsman has said, cost of change is what you're looking at. I've been tempted by a local TCR, but the cost to change in beyond my budget, even including the beyond budget max.

At the end of the day manual or automatic it's the same car, what you like about the car you'll still like and what you hate you'll hate.

Dealers will be trying to hang onto their higher prices for as long as can, but definitely a sign they are preparing to drop these higher prices by the beginning of lower offers on trade ins.

Had a conversation with a colleague the other day, whose mortgage has increased by near £700 and he stated in general conversation that getting a newer car was on hold, the cost of living squeeze in combination with a lot more cars in used market will brings prices down, but in reality you get less for yours, you pay less for the car buying, the cost for change, remains unchanged.
Present - BMW 128Ti Alpine White, 18" Performance Tyres, Sun Protection Glass, Parking Assist, Heated Steering, Boston Trim, Split Folding Rear Seats, Electric Lumbar Support
- 2nd car: 2019 Golf R DSG Pure White 19" Black Pretoria, Privacy Glass, Rear View Camera, Dynaudio, Keyless
- 2019 Pure Grey GTI TCR 5 Door DSG Reifinitz Wheel DCC Climate Screen 90% Tint
- 2016 Lapiz Blue Golf R 5 Door DSG Pretoria DCC
- 2013 Pure White GTD 5 Door DSG DCC