RE: VW Golf GTI: Marketwatch

RE: VW Golf GTI: Marketwatch

Author
Discussion

KM666

1,757 posts

182 months

Wednesday 20th August 2014
quotequote all
greggy50 said:
Urban Sports said:
I'm not sure anybody is slating the mk4 golf, dull as it is but the mk4 GTI which never deserved a GTI badge in any form, it was watered down big time with the dreadful 2.0 and really wasn't great at its pinnacle with the anniversary with its sump smashing habits.

That's why from what I can remember the mk5 was a sigh of relief.
They are dull to drive but one thing as said is they can be made brisk mine is the AUM engine have had it remapped by RTECH better intake couple of other bits is approx 220hp and 250 torque so it is pretty nippy for what looks like a standard 15yr old 5 door golf.

You can't get them to handle though no matter what you do I have added the TT wishbones polybushed and lowered it a bit and still just is not that great really.
I've got an AUM powered Octavia, I'm having it rolling roaded before tuning to make sure its a solid base, then it'll be a toyosport 3" downpipe/decat and an Rtech remap. The handling really is awful, it is honestly a step down from the mk4 Astra I had. I know I can get a better car to begin with but the appeal with this is tuning, and the insurance is very cheap.

The overwhelming response to this issue over on Briskoda is the Whiteline RARB, like night and day they claim. Sadly there is a 3 month waiting time for them currently.

ORD

18,086 posts

126 months

Wednesday 20th August 2014
quotequote all
wongthecorrupter said:
You are missing my point, the car is a good every day vehicle. If you want a toy buy a proper fast car
I think everyone has your point. It's a very average car for lots of money. Most people see that as a flaw!

Urban Sports

11,321 posts

202 months

Wednesday 20th August 2014
quotequote all
wongthecorrupter said:
You are missing my point, the car is a good every day vehicle. If you want a toy buy a proper fast car
Nope, you're missing the point, the mk4 GTI was terrible as a GTI which is what this thread is about.

Studio117

4,250 posts

190 months

Wednesday 20th August 2014
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Urban Sports said:
Nope, you're missing the point, the mk4 GTI was terrible as a GTI which is what this thread is about.
You're clearly an fanboi perhaps ph isn't for you?

andrewparker

7,900 posts

186 months

Wednesday 20th August 2014
quotequote all
white_goodman said:
GTEYE said:
Although Mk5 GTI's were easily bought brand new in 2006/7 for £16.5k.

I bought one, and it was great. But not £30k great.
Wow, that is cheap. That's diesel SE/Match money. Whereabouts was that?
From memory I think Motorpoint were selling lots of full Euro spec imports for around £17k. I nearly bought one but was very apprehensive about buying anything from Motorpoint.

va1o

16,029 posts

206 months

Wednesday 20th August 2014
quotequote all
andrewparker said:
From memory I think Motorpoint were selling lots of full Euro spec imports for around £17k. I nearly bought one but was very apprehensive about buying anything from Motorpoint.
I recall some really strange spec import Mk5s being sold coming from all corners of the world. I've seen some without any kind of AC (just Manual HVAC) and there is also a batch from the UAE lacking alarms. A lot of them got registered on 07-plates when they are actually 2005 build cars that had been sitting around in a field for a couple of years. This is one which you can tell isn't 2007MY - http://www.autotrader.co.uk/classified/advert/2014...

Then there's a few that somehow slipped through on 2010 plates, but I believe these are 08-spec nerd


shoestring7

6,138 posts

245 months

Wednesday 20th August 2014
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mrclav said:
shoestring7 said:
mrclav said:
GTEYE said:
Subjectively, it doesn't seem to be as popular as it once was, although £30k prices may well answer that one.
People get caught up on "it's £30k for a Golf!" but conveniently forget about inflation. Also, I'm pretty sure finance has made buying a car nowadays a lot easier than back then. If they're not as (admittedly subjectively) popular now as they were in say, 1989 then it's probably due to factors such as choice of what's on sale, what is "fashionable" i.e. SUVs and the like, but almost certainly not because of the price.
The invoice for my Golf Gti when new was a smudge under £28k. Its nearly 10 years old.

SS7
I've been trying to find out what the price was for a MKI back in the early 80s but to no avail. £28k in 2004/5? That's the wrong side of £35k in todays money! Was it "optioned up" so to speak?


Edited by mrclav on Wednesday 20th August 17:53
I'll admit the original owner ticked pretty much every box on the option list; DSG, leather, sunroof, leather, xenons, upgraded ICE, auto lights/wipers etc. etc. so its quite a nice place to be in traffic as well as on the Sussex B roads.

SS7
PS According to my Jan '82 copy of CAR magazine, a Golf GTi was £6014, and a cabby £7355. A base Polo was £3263 and Porsche 911SC sport was £18,675

Edited by shoestring7 on Wednesday 20th August 22:11

soxboy

6,060 posts

218 months

Wednesday 20th August 2014
quotequote all
Used to have a mk1 GTI in Lhasa Green, was a pile of rust and sold with no MoT for £400.

Here's my current steed, bought off fleabay 9 years ago for £555:



Just turned 26 years old, 178,000 miles and used pretty much every day. MoT a few weeks ago with one advisory.

chungasarnies

155 posts

124 months

Thursday 21st August 2014
quotequote all
va1o said:
I recall some really strange spec import Mk5s being sold coming from all corners of the world. I've seen some without any kind of AC (just Manual HVAC) and there is also a batch from the UAE lacking alarms. A lot of them got registered on 07-plates when they are actually 2005 build cars that had been sitting around in a field for a couple of years. This is one which you can tell isn't 2007MY - http://www.autotrader.co.uk/classified/advert/2014...

Then there's a few that somehow slipped through on 2010 plates, but I believe these are 08-spec nerd

fking hell, I thought I was going mad the one time I saw a Mk5 on a '10. That's cleared that up then.

GTEYE

Original Poster:

2,092 posts

209 months

Thursday 21st August 2014
quotequote all
RacerMike said:
mrclav said:
GTEYE said:
mrclav said:
GTEYE said:
Subjectively, it doesn't seem to be as popular as it once was, although £30k prices may well answer that one.
People get caught up on "it's £30k for a Golf!" but conveniently forget about inflation. Also, I'm pretty sure finance has made buying a car nowadays a lot easier than back then. If they're not as (admittedly subjectively) popular now as they were in say, 1989 then it's probably due to factors such as choice of what's on sale, what is "fashionable" i.e. SUVs and the like, but almost certainly not because of the price.
Although Mk5 GTI's were easily bought brand new in 2006/7 for £16.5k.

I bought one, and it was great. But not £30k great.
£16.5k in 2006/7 is still well over £20k today. I'm presuming that purchase was not including the obligatory option list raid...
Not sure where you're getting that £16.5k value from?! Perhaps a MkIV in 1999, but a MkV GTI was never anywhere near that kind of price. I believe when it launched it was a tad over £19k for the base GTI in 2003.

I found the options/pricelist for mine. It was a 2009MY car (mid 2008 registered) and with the following options it was:

  • GTI 3-Door 6-Speed Manual - £20,580.00
  • 18" Monza Alloy Wheels - £465.00
  • Convenience Pack - £95.00
  • Front Centre Arm Rest - £120.00
  • Vienna Leather Upholstery - £1,645.00
  • Luxury Pack 2 - £270.00
  • Rear Tinted Windows from B-Pillar - £175.00
  • Metallic Paint - £365.00
  • Deliver, VED and Registration fees £518.00
Coming to a not insubstantial £24,233 inc VAT which is just over £28,000 in todays money. So not all that different to the cost of a new Mk7 GTI!

Edited by RacerMike on Wednesday 20th August 19:06
The list price at the time was £19,995, but back then there were scores of parallel imports coming in from Europe to places like Motorpoint.

Mine was a factory fresh 3 door 6 speed in silver, standard spec for £16.5k, cracking value. Service book stamped in Holland. Not so much value in the latest versions...

Edited by GTEYE on Thursday 21st August 08:48

GTEYE

Original Poster:

2,092 posts

209 months

Thursday 21st August 2014
quotequote all
andrewparker said:
white_goodman said:
GTEYE said:
Although Mk5 GTI's were easily bought brand new in 2006/7 for £16.5k.

I bought one, and it was great. But not £30k great.
Wow, that is cheap. That's diesel SE/Match money. Whereabouts was that?
From memory I think Motorpoint were selling lots of full Euro spec imports for around £17k. I nearly bought one but was very apprehensive about buying anything from Motorpoint.
It was Motorpoint actually. No problems, was a great car.

RacerMike

4,192 posts

210 months

Thursday 21st August 2014
quotequote all
GTEYE said:
The list price at the time was £19,995, but back then there were scores of parallel imports coming in from Europe to places like Motorpoint.

Mine was a factory fresh 3 door 6 speed in silver, standard spec for £16.5k, cracking value. Service book stamped in Holland. Not so much value in the latest versions...

Edited by GTEYE on Thursday 21st August 08:48
You can't really compare an import to the UK list price though....the car import market was a quirk of that time. Saying 'I bought an import for £16.5k and a new Mk7 Golf is nearly £30k which is ridiculous' is not comparing apples with apples.

Also, I think you're valuation of the modern pound is clearly out of kilter with reality. The £16,500 you had in your pocket in 2003 would now have an equivalent value of £22,750. A Golf GTI Mk7 in Holland (including taxes) equates to £26,800 when exchanged for Euros today....so I'd say those prices are pretty comparable given the increase in spec of the standard car.

And you were probably correct in thinking your £16,500 Golf GTI didn't feel like a £30k car. £30k in 2003 was equivalent to £41,000....which was around the price of a brand new E46 M3...

Source: http://www.measuringworth.com/ppoweruk/

TTOBES

609 posts

166 months

Thursday 21st August 2014
quotequote all
I think VW have got back on track with the MK 7 GTI. Having worked for the local VW dealer for the last five months of 2013 I got to drive a couple towards Christmas. They look sleeker than the MK 6 in my view. I don't know what they're like above 30 MPH though as they weren't my cars. I did however drive a manager's GTD to Heathrow and back and that cruised nicely. I did not like the optional bigger screen displaying adverts for Capital Radio... a little OTT.

As it happens I was working at the same dealer in 2004/2005 when the MK 5 started appearing on 54 plates; the MK 7 certainly hasn't had the same applause as when the MK 5 arrived though.


LOW4LYFE

159 posts

120 months

Thursday 21st August 2014
quotequote all
BertyFish said:
Mk2 8v
Without a doubt the best colour for a Mk2! Shame they were only 8vs/G60s though.

jakesmith

9,461 posts

170 months

Thursday 21st August 2014
quotequote all
greggy50 said:
I own a Mk4 1.8T GTI

Its a really terrible car in nearly every aspect

Dont buy one

That is all
I liked mine a lot, I chipped it to 200BHP, was a nice step up from my 59BHP 1.3 Fiesta that I had before... it might not be a good car now compared to modern stuff but at it's time it was really desirable, lovely interior and quick. Just a poor continuation following the mk1 & 2. I'd love to try one now & see if it's rose tinted specs though.

FivePotTurbo

25 posts

122 months

Thursday 21st August 2014
quotequote all
Trouble with comparing prices Mk5 vs Mk6 is obviously the bulk of the Mk5s are now starting to get miley and worn. But hopefully the difference will get slimmer as stated. I reckon a Mk6 Edition 35 would be a happy balance between price, age and performance (with that engine in particular responding incredibly well to remaps). But they're still in the high teens for a good low mileage one with leather.

EDWARDO

83 posts

240 months

Thursday 21st August 2014
quotequote all
Had a mk2 16v and totally regret selling it probably best car ive owned, ive now got a mk5 gti from motor point and thats a great car as well, am trading it in next month for a new mk7 gti, which i think has one of the best seating positions of any hatch back at the moment, plus the dash reminds me of the old 3 series angled towards you.

P-Jay

10,551 posts

190 months

Thursday 21st August 2014
quotequote all
Amirhussain said:
Why not that much love for the Mk2, compared to the Mk1?
Probably just availability, compared to the MK2 the MK1 is super rare - but really the MK2 is a better car in every respect, beauty in is the eye of the beholder of course, but happily drive a nice MK2 90 spec 3rd just as easily as a Mk1.

People have done horrible things to them over the years, the Mk2 suffered far more in the hands of the Max Power brigade - this article doesn't help - I just don't see the point in putting that stupid 20v turbo engine in every old water cooled VW - the sort of measures you have to take to make a MK1 or 2 usable with a 200bhp or more engine just ruins them - IMO if you want a nice drive have an original mk1 or mk2 16v with modern tyres and maybe some slightly firmer suspension (they're very boaty standard) and ignore the fact you're not going that fast, or buy a MK5 if you want to go quickly rather than trying to put 200bhp through the front wheels of a 40 year old design.

chrisemersons

143 posts

142 months

Thursday 21st August 2014
quotequote all
GTEYE said:
The list price at the time was £19,995, but back then there were scores of parallel imports coming in from Europe to places like Motorpoint.

Mine was a factory fresh 3 door 6 speed in silver, standard spec for £16.5k, cracking value. Service book stamped in Holland. Not so much value in the latest versions...

Edited by GTEYE on Thursday 21st August 08:48
Why are so many so obsessed with the cost of these things, almost everything we buy depreciates, i buy a car because i want/like/need one. I bought a brand new Mk7 gti in March, it cost £32k fully specced, i could afford it and i know itll be worth a reasonable amount of money when i sell it in 3 years time so i dont get hung up about depreciation, i actually really dont care - its the cost enjoying something you want.

I find it strange how people spend £20k on a kitchen which the moment its finished is worth sod all because nobody will buy it - if you want something have it if you can afford it - all the bleating about depreciation probably means they cant afford it anyway !!

Tonberry

2,078 posts

191 months

Thursday 21st August 2014
quotequote all
350bhp Edition 30 please.

Anything else and you can keep it ta.