RE: VW Golf GTI: Marketwatch

[RacerMike]

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

[epom]

Have had a Mk1 loved it, would love one now again but too expensive for what would be a sunny day driver. Have had god knows how many Mk2's mostly 16v's which were superb when I was young and rev happy. Also had a Mk2 1.6 diesel with I don't know how many miles, loved black smoke and I couldn't lock it either (to this day it's the first car I'd take back if given a choice, something about it that I loved). Then went and bought a yellow, yes yellow colour concept got some 17's painted anthracite and stuck them on it. Despite how it sounds it really was a good looking car and really stood out. The only car of them all that people still ask me about and where it's gone to.
Now I have my Mk5 and I love it, does everything I want it to with a mixture of all of the above and does it in comfort. Bluefin helps when I want a blast as does the dsg. Think my next car will be an Edt30 or perhaps a Pirelli Edt, the first thing I'll do to those is remove the terrible body coloured pieces and replace them with black plastic ones.

[andrewparker]

tbc said:

It lost it's way after the MK4 GTi

The 5, 6 , 7 just aren;t special enough to justify a £10k mark up over the standard car

The R is now considered the daddy

Lol, you're really going against the grain there!

And you're mad if you don't think a 220PS GTI isn't worth £10k more than an 85PS Golf S with plastic wheel covers and wind up windows.

[Speed 3]

I moved from 205GTi's to a big bumper 16V Mk2 in the mid 90's. The difference in pure engineering quality (rather than brilliant but fragile dynamics) was astonishing to me (and even my girlfriend, now wife who borrowed it when I went to Aus for 3 weeks and came back to another 2k on the clock). It is still remembered as the best 4 pot manual I have had and was so stable at high speed. It is also amazing that the best colour was the universally abhorrent (on any other car) dark green.

When I got a new job with a company car option the choice largely boiled down to new Golf VR6 or second hand Corrado VR6. The difference was astonishing and I couldn't believe what a bad job VW had done of the Mk3 to make such a difference with a less powerful version of the same engine. That Mk3 truly was a dog. Not much better with the Mk4 V5 although I don't consider any of the VR's as true GTi's.

[How It Is]

There all nice cars, but a MK5 R32 would be my pick, the 6 cylinder soundtrack is the clincher

[giblet]

Can't remember the last time I saw a non scene'd MK1 or MK2 GTi, damn shame.

[wongthecorrupter]

My wifes immaculate anniversary, cracking car

[Studio117]

wongthecorrupter said:

My wifes immaculate anniversary, cracking car

Where the wheels are probably worth more than the whole car

[mrclav]

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!

Which was exactly my point. I think it's safe to say that GTI prices have remained consistent pretty much (give or take a grand) over the past 10-15 years at least, and quite possibly even longer than that.

[va1o]

Love my Mk5 GTI its easily the best car I've ever owned. Its maybe a little bit juicy on fuel around town but other than that an impeccable all rounder. A couple of my friends have recently got Mk6 Golfs though so I'm starting to get a bit jealous and considering an upgrade!

[johnnyBv8]

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.

Hard to apply the logic of inflation though, as manufacturing costs have decreased and the market is now global. You can buy a brand new car in the UK for less than you could in the early 90s.

[wongthecorrupter]

Studio117 said:

Where the wheels are probably worth more than the whole car

Funny that as it sold for 6k last month, tt

[andrewparker]

Brand new import MK5s were possible around the £16.5k mark.

[Leicesterdave]

The Polo GTI, the new Golf:

[Buster73]

The dragons Mk6 35 Edition , a fine car that both of us think is better looking than the Mk7

[martin mrt]

Ive had my fair share of 0Golf GTIs in many guises from mk2 16v to Mk4 Anniversary

The mk2 was a shed, but at £120 with no t&t its little wonder, spend £200 making it legal and ran it for a few months over winter. Absolute wreck but it was good fun.

My most recent GTI was a mk3 8v Anniversary i bought unseen off ebay on Xmas eve 2012, had it shipped up to me from London and it was a wreck, but it was solid in all the usual rotten mk3 areas, i then spent a week transforming the car with a VR6 swap (purists wont like it but i got a VR6 Donor for less than the cost of a replacement 8v gearbox) after that it was a cracking car that i really shouldnt have sold as its fallen into the wrong hands sadly.

Had a few mk4s, 20vt, 150pds in GTI and Anniversary trim, the 20vt i didnt really get on with, i much preferred the 150 TDis and my Anniversary will always be a fond memory

Currently run a mk4 R32, in red, and its without a doubt the pick of the mk4 range.

The mk5 i liked when i drove a few whilst working at VW, however some of the niggles with build quality put me off a touch

[va1o]

Problem for me with the Mk6 is it really doesn't justify the extra expense over a Mk5. They literally cost 2 - 3 times as much for something thats sitting on exactly the same chassis. I would like one but as the article suggests it's likely they'll take a hard hit on depreciation over the next couple of years as the Mk7 establishes itself. The other big worry with the early 2009/ 2010 cars is the 2.0 TSI timing chains are causing big problems and leaving owners with a large bill to pay. Lots of threads online detailing catastrophic engine failure. That simply doesn't affect the Mk5 as long as it gets a fresh cambelt on schedule.

I'm almost tempted to switch to a Mk6 Match or GT as a stopgap then a Mk7 GTI next year potentially.

[Tomatogti]

Ian_UK1 said:

GTEYE said:

For me the highpoints were the Mk2 and Mk5...

Edited by GTEYE on Wednesday 20th August 14:13

Can't disagree with this at all.

I owned a Mk2 16v back in 1990 when they were new. It really was an enjoyable little machine: really well screwed together, quick for its day, really chuckable - just all-round enjoyable (at speeds that didn't need to threaten licence and liberty)!

I think it's the memory of how good an all-rounder the Mk2 was that inspired me, last week, to buy a used Mk5. I'd been looking for a new (to me) daily drive for a month or two and the Mk5 looked like it would do everything I needed. After a few minutes test driving the car I eventually bought, it was obvious the '5' has many of the attributes of the '2', as well as being a lot more brisk and really easy to tune (it was re-mapped within 4 hours of being bought)! The 5s are also really good value now (mine's a main dealer, 2008 car with only 40,000 miles and was still under £9000). Good to read that the depreciation on well looked-after cars should be low too. Just like the '2' back in 1990, the '5' does indeed do the 'great all-rounder' very well indeed. Pleased I bought it.

+2 First car was a 16v Mark 2 GTI (although a Jetta not a golf - much cheaper - cost more to insure than buy though kids of today have that problem with any car!). Recently had a Mk 5 GTI chipped to 240 with no problems at all. Had the power to match it's rivals but a better all rounder than them all. Both great cars.

[Studio117]

wongthecorrupter said:

Studio117 said:

Where the wheels are probably worth more than the whole car

Funny that as it sold for 6k last month, tt

Was only a joke you utter stroker. Notice the smiley?

Edited by Studio117 on Wednesday 20th August 20:03

[wongthecorrupter]

Studio117 said:

Was only a joke you massive bellend

Put your hand bag away