Thinking about selling my GTI, whats a fair price?

[Cass]

This is probably the best car I've ever owned! I just thought now might be a good time to sell, before prices plummet too far! I was thinking about getting something maybe cheaper and a little larger to accomodate the kids and the mass of camping gear that we recently crammed into the Golf!

I went through this dilemma a couple of weeks ago Sharman and my priority was to accommodate a new dog

After what I was offered part-ex against a VW Tiguan by my supplying dealer (£12.5k when my loaded car was £25k new 2 years ago), I told them to feck off and cancelled my private advert on Pistonheads after only 3 days. My car is superb and in great condition after doing only 10900 miles in 2 years. Even the wife thinks so. I'm keeping it because there is no other car that does what it does for the money and I'm not prepared to lose that amount of money. It's a no brainer mate

Cass

[VeeDubDan]

It's true to say prices have taken a pounding recently.  I lost £9k on my '07 3.2 Mk2 TT after selling it a couple of months back.

Now that the prices have dropped I doubt they will go back up, especially as the Mk6 is on the way.  Given the amount you will have lost on the purchase price you may as well keep the car, enjoy it and get the most for the money.

[Wh|t3R@bb|t]

It's true to say prices have taken a pounding recently.  I lost £9k on my '07 3.2 Mk2 TT after selling it a couple of months back.

Now that the prices have dropped I doubt they will go back up, especially as the Mk6 is on the way.  Given the amount you will have lost on the purchase price you may as well keep the car, enjoy it and get the most for the money.

Blimey...between the two of us we've lost a shed load on TT's....how come you lost so much?  Did you buy from new?  What did you get for yours (if you don't mind me asking).  When I was looking to get rid of my Mk1 TT 3.2, the one I wanted to originally get was a MkII 3.2 DSG and it was up for £24k on a dealer forecourt.

But hey...you know what...your never gonna make money on these kind of cars so I've just believe now that you pay the money, get your moneys worth out the car and then don't think about the depreciation, mods etc otherwise you'll always be grumpy.

I just think with the market the way it is, most of us should just stick with what we've got and enjoy it.  We've made the expense so live with it...rather than selling, losing more money, and then buying a lesser car and always wishing we hadn't.  Nothing worse imo as guys in family wagons, thrashing the nuts of them, cause they wish could have something different.

[RedRobin]

But hey...you know what...your never gonna make money on these kind of cars so I've just believe now that you pay the money, get your moneys worth out the car and then don't think about the depreciation, mods etc otherwise you'll always be grumpy.

I just think with the market the way it is, most of us should just stick with what we've got and enjoy it.  We've made the expense so live with it...rather than selling, losing more money, and then buying a lesser car and always wishing we hadn't.  Nothing worse imo as guys in family wagons, thrashing the nuts of them, cause they wish could have something different.

....I couldn't agree more! Love your car for the pleasure it gives you and ignore the financial 'losses'. When you spend money on a holiday, you don't get it back, so think the same about cars - Anything you get back is a bonus. Same with property - Enjoy living in your home and don't wind yourself up over house price fluctuations.

[sharman]

Thanks for all the sound advice. The wife went mad when I mentioned about selling the GTI, as I seem to swap cars every year! Secretly, I think she loves driving it too much, but won't admit it! The funny thing is, she has a brand new Polo 1.2 60ps Match that I use regularly for 60 mile round trip to work (economy and keeping miles off GTI) and on average I only get 35mpg.
 Yesterday I went in my Golf and got according to trip computer 39.9mpg driving at the same speeds. Work that one out! Wer'e on about asking VW why the mpg on the Polo is crap, but guess they'll say it isn't run in yet @ 2000 miles.

[Teutonic_Tamer]

she has a brand new Polo 1.2 60ps Match that I use regularly for 60 mile round trip to work (economy and keeping miles off GTI) and on average I only get 35mpg.
 Yesterday I went in my Golf and got according to trip computer 39.9mpg driving at the same speeds. Work that one out! Wer'e on about asking VW why the mpg on the Polo is crap, but guess they'll say it isn't run in yet @ 2000 miles.

That is the age old problem which the stealers fail to mention! 

A smaller engine needs to work much harder to maintain the same pace, when compared to a larger engine - which explains why small engines are less economical than a lightly loaded larger engine.  Drive a GTI at a modest pace, and the "stratified" or lean burn mode will be enabled for much longer than a smaller engine which will need more right pedal for the same go.

[Wh|t3R@bb|t]

I can't believe you said you got 39.9mpg from a GTi?  I'm lucky if I get 27/8 mpg on a short trip.  And thats driving miss daisy.  I get 30.3ish on a motorway long trip.

Must be doing something wrong ;-)

[VeeDubDan]

It's true to say prices have taken a pounding recently.  I lost £9k on my '07 3.2 Mk2 TT after selling it a couple of months back.

Now that the prices have dropped I doubt they will go back up, especially as the Mk6 is on the way.  Given the amount you will have lost on the purchase price you may as well keep the car, enjoy it and get the most for the money.

Blimey...between the two of us we've lost a shed load on TT's....how come you lost so much?  Did you buy from new?  What did you get for yours (if you don't mind me asking).  When I was looking to get rid of my Mk1 TT 3.2, the one I wanted to originally get was a MkII 3.2 DSG and it was up for £24k on a dealer forecourt.

Bought from new for £34k sold at £25k in order to buy a house.  Still at least I can say I enjoyed the car for a year, I always new it would be an expensive dream, but it was made worse by the credit crunch kicking in. 

When I think that I also took a £5k hit on my R32 when buying the TT I've burned something like £14k in 2.5 years!    Still can't take it with you.  Either way for the time being I will be more cautious as with a new stonking mortgage I can't splash out too much on cars.  I'm hoping to pick up a Mk5 for pennies next spring! 

[wellzee]

I can't believe you said you got 39.9mpg from a GTi?  I'm lucky if I get 27/8 mpg on a short trip.  And thats driving miss daisy.  I get 30.3ish on a motorway long trip.

Must be doing something wrong ;-)

39.9mpg is ridiculous are you moving when doing that??  WhiteRabbit I get similar levels to that, think my overall avg is about 27-28. And i have got over 30 on the motorway but never higher than 32ish

[sharman]

I was driving like a nun! It's a 30 mile trip, mostly dual carriaige way. Honestly, normal day to day driving I get around 30 MPG. But I was determined to prove a point to the missus, or was it just and excuse to warrant driving the GTI more