You have to have Automatic ?
Golf driving is all about niftyness and agility, the car turns on a sixpence. In turbo guise, with the much lighter Audi alloy engine, you get a very well built "go cart" with a roof and Recaro seats.
Jeff - We need to qualify your needs.
OK - in W reg, you get the old style alloys, not the Montreal 2's I believe, I may be wrong, depends on build date.
Any leather ? full air con and decent sound system ? Is the sound the same as the mid 2001 cars - please check. I don't mean all that woofer rubbish, just good quality as is in the March 2001 turbo onwards. Test all functions. Check under the car for the plastic aerodynamic sump cover. On many golfs this get knocked off because some idiots mount the curb or a steep slope on 3 point turns
You get recaro seats

or not. wood effect is desirable in V5, also seats what colour are they ?
The Bora is a slug by comparison, much heavier, has same engine as a standard Golf 2 litre, and looks dated on that plate - Parkers is right for the Bora £4000 plus a bit for a good family car. But you want a Golf mk4 5dr in auto. Never seen a Turbo auto - so that is out.
OK, just how long has that Dealer had the Golf V5 in stock ? check with the cleaners or someone else, don't ask the Salesman. If you want the car, and what colour is it - Black (nightmare to keep clean, but....) and Reflex Silver hold their money very well - green don't go there for resale. Other colours can look dirty as well with salty and dirty roads.
Mondeo W on 2 litre what are you thinking ? that is a piece of sh*te. Nobody wants an old Mondeo, drives like a sloppy builders van, zero panache. Honda Civic on S plate, may be good for £2000 tops.
If you want the Golf V5, you are going to grind down that Dealer. He is going to give you a full no quibble 60,000 mile warranty at his expense, That means 60k when in your ownership, not for one year only. That way you drive to 90k without major expense. You are going to knock money off after you have checked all the other things out I have said and they have been DONE. You need evidence of all the fluid and new oil changes before purchase, which must include the Auto box. This needs a step by step approach, no weakness from you.
When all is done, taxed 12 months and MOT 12 months, or more money off.
Then you part with £5,500 no more. You keep the car for 5 years = depreciation £1100 per year.
Get back to me on this, I need to know all the particulars of that car.