All those bargain end of Lease Golf R's ?

All those bargain end of Lease Golf R's ?

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Discussion

va1o

16,032 posts

207 months

Wednesday 19th October 2016
quotequote all
jimi said:
The dealers buy the cars from closed auctions.
The cars for sale at open auctions still end up for sale at dealers though. Only a handful (if any) will be bought from BCA by private buyers.

daemon

35,821 posts

197 months

Wednesday 19th October 2016
quotequote all
va1o said:
jimi said:
The dealers buy the cars from closed auctions.
The cars for sale at open auctions still end up for sale at dealers though. Only a handful (if any) will be bought from BCA by private buyers.
There are closed auctions for VW dealers for prime retail cars. Cars that do not sell there or cars that arent retail ready will be sold off at other auctions, where they may well be bought by other dealers and refurbished.


J4CKO

Original Poster:

41,558 posts

200 months

Tuesday 10th January 2017
quotequote all
A guy on FB I know said he got offered a new Black 5 Door R for £23,500, VW Manchester ?

Is that even possible ?

daemon

35,821 posts

197 months

Tuesday 10th January 2017
quotequote all
J4CKO said:
A guy on FB I know said he got offered a new Black 5 Door R for £23,500, VW Manchester ?

Is that even possible ?
Well its on facebook so it must be true wink

Sorry, back to reality, i would very much doubt it. It wasnt a Golf R-Line was it? That would be more in line with that price. I cant see why a dealer would be punting them out at that price

J4CKO

Original Poster:

41,558 posts

200 months

Tuesday 10th January 2017
quotequote all
daemon said:
J4CKO said:
A guy on FB I know said he got offered a new Black 5 Door R for £23,500, VW Manchester ?

Is that even possible ?
Well its on facebook so it must be true wink

Sorry, back to reality, i would very much doubt it. It wasnt a Golf R-Line was it? That would be more in line with that price. I cant see why a dealer would be punting them out at that price
He did seem convinced but also did have a bit of a reputation for tall tales as a kid.

daemon

35,821 posts

197 months

Tuesday 10th January 2017
quotequote all
J4CKO said:
daemon said:
J4CKO said:
A guy on FB I know said he got offered a new Black 5 Door R for £23,500, VW Manchester ?

Is that even possible ?
Well its on facebook so it must be true wink

Sorry, back to reality, i would very much doubt it. It wasnt a Golf R-Line was it? That would be more in line with that price. I cant see why a dealer would be punting them out at that price
He did seem convinced but also did have a bit of a reputation for tall tales as a kid.
You should push him for evidence. I cant see it personally.

Presumably if hes went to the trouble of hammering out a deal with a dealer on one, and hes been offered a once-in-a-lifetime price on one, hes actually bought it?

irish boy

3,535 posts

236 months

Tuesday 10th January 2017
quotequote all
From October to now there has definitely been a shift.....plenty of nice examples at £20k.

nct001

733 posts

133 months

Tuesday 10th January 2017
quotequote all
You guys forget that there will be a steady supply from finance companies i.e. repos / vt - the demographic of three year old used market really lends to this.

Bad ones in the trade start from £14k Nice ones from £18k


Prices are dropping - VW are in major difficulty - there is little or no profit being made by them on the cheap diesel and r deals it's just about maintaining market share.

It 20 years time these bargain lease deals will define an era.

J4CKO

Original Poster:

41,558 posts

200 months

Tuesday 10th January 2017
quotequote all
daemon said:
J4CKO said:
daemon said:
J4CKO said:
A guy on FB I know said he got offered a new Black 5 Door R for £23,500, VW Manchester ?

Is that even possible ?
Well its on facebook so it must be true wink

Sorry, back to reality, i would very much doubt it. It wasnt a Golf R-Line was it? That would be more in line with that price. I cant see why a dealer would be punting them out at that price
He did seem convinced but also did have a bit of a reputation for tall tales as a kid.
You should push him for evidence. I cant see it personally.

Presumably if hes went to the trouble of hammering out a deal with a dealer on one, and hes been offered a once-in-a-lifetime price on one, hes actually bought it?
He just put a general post on FB, he said,

"I've been offered an X50 M50d, pre registered 1st Dec 16. 23 miles on the clock, all the bells and whistles. Invoice price 85k
Offered it to me 59k
A 16 plate M3 saloon for 48 list 70. A new golf R with 15 k knocked of it "


The Golf bit piqued my interest, as though I am not in a position to buy currently it will (or a 135/140) be my next car, I keep changing my mind, but I think I want the 4wd, buy one outright and do a few mods.

I said that with 15 grand off it must be like 20 grand or not much more, he said it was a lovely black 5 door at VW Manchester for £23,500, but there is nothing even close to that, low milers are like 27k, new ones 35.


So, I guess they may negotiate but cant see them doing a brand new one for £23,500.



HannsG

3,045 posts

134 months

Wednesday 11th January 2017
quotequote all
A golf R Wagon will be replacing the MK3 ST Estate in a few years.

The ST feels slow as it's the only real 'performance' motor left in the household after selling the M3.

Need to get back up to the 300bhp+ mark

snorkel sucker

2,662 posts

203 months

Wednesday 11th January 2017
quotequote all
Prices seem to have crept up a bit. I almost picked one up for £19.5k back in October but went for an M135i instead.

Prices will surely take a dip when the facelift comes out. Appreciate the M140i is a different engine to the M135i but prices on the latter have dipped a bit and you can pick up a decent example for £18-19k (I know this as mine is one of them!).

I do really fancy an R, may see what March/April brings...

J4CKO

Original Poster:

41,558 posts

200 months

Wednesday 11th January 2017
quotequote all
He just posted a picture of him picking up a Golf from the same dealers, it had a cover over it and was silver, not black.

It had these wheels on,



They arent R wheels are they, GTI upgrade from the standard ones ?

imdeman87

894 posts

107 months

Wednesday 11th January 2017
quotequote all
J4CKO said:
Where are they ?

had a quick nosey last night and most are 20k plus even for a leggy 2013, most seem to be 25k for anything more recent and arent they available from a broker for 28 ish new ? anything less than 20 seems to be Cat D or some other dodgyness. Was hoping there would be a good number dipping into the mid high teens by now.

Am I missing something ? but to me, looks like the predicted droves of Cheap Golf R's arent happening as predicted, or is it still too early, or my expectations on price a bit unrealistic ?

Wonder if, despite the numbers leased the R will follow the pattern of previous fast Golf's/VAG stuff, 6'rs are still expensive, R32s also ?
Been keeping an eye on this and the prices are certainly coming down now and it will get worse around March/April when most 15 plate leases go back.

Several non-Cat C/D cars just under £19k with around 20k miles on the clock - all 14/64 plates. There's always been around 300 Golf Rs mk7 for sale on auto trader - this has gone up to 450 in the past month.

No doubt that these lease deals have devalued the R. They're everywhere on the roads now too - around 15,000 registered on UK roads.

Feel bad for those who bought the car outright before the 'cheap' lease deals...

imdeman87

894 posts

107 months

Wednesday 11th January 2017
quotequote all
J4CKO said:
He just posted a picture of him picking up a Golf from the same dealers, it had a cover over it and was silver, not black.

It had these wheels on,



They arent R wheels are they, GTI upgrade from the standard ones ?
I think you summed it all up when you said:

J4CKO said:
did have a bit of a reputation for tall tales as a kid
It's like saying the focus st and the rs are the same....

J4CKO

Original Poster:

41,558 posts

200 months

Wednesday 11th January 2017
quotequote all
imdeman87 said:
J4CKO said:
Where are they ?

had a quick nosey last night and most are 20k plus even for a leggy 2013, most seem to be 25k for anything more recent and arent they available from a broker for 28 ish new ? anything less than 20 seems to be Cat D or some other dodgyness. Was hoping there would be a good number dipping into the mid high teens by now.

Am I missing something ? but to me, looks like the predicted droves of Cheap Golf R's arent happening as predicted, or is it still too early, or my expectations on price a bit unrealistic ?

Wonder if, despite the numbers leased the R will follow the pattern of previous fast Golf's/VAG stuff, 6'rs are still expensive, R32s also ?
Been keeping an eye on this and the prices are certainly coming down now and it will get worse around March/April when most 15 plate leases go back.

Several non-Cat C/D cars just under £19k with around 20k miles on the clock - all 14/64 plates. There's always been around 300 Golf Rs mk7 for sale on auto trader - this has gone up to 450 in the past month.

No doubt that these lease deals have devalued the R. They're everywhere on the roads now too - around 15,000 registered on UK roads.

Feel bad for those who bought the car outright before the 'cheap' lease deals...
Well, they had the car early, and I expect enjoyed it.

I think my CLS will be worth perhaps 5 and if I put 15 to it would get me a pretty decent R, the CLS is nice but its a bit big and not that practical so the next car has to be a bit of a jack of all trades and the R fits, as does the 135i but I believe the rear room is pretty bad and I quite like the idea of 4wd for a change, needs to be able to cart five people occasionally, not long journeys but they need to be able to fit in and not sure a 1 series fits that particular bill.

Fancy getting an R and doing a bit of tuning, anyone know what the standard approach is beyond a remap/tuning box ?


Jim AK

4,029 posts

124 months

Wednesday 11th January 2017
quotequote all
J4CKO said:
Well, they had the car early, and I expect enjoyed it.

I think my CLS will be worth perhaps 5 and if I put 15 to it would get me a pretty decent R, the CLS is nice but its a bit big and not that practical so the next car has to be a bit of a jack of all trades and the R fits, as does the 135i but I believe the rear room is pretty bad and I quite like the idea of 4wd for a change, needs to be able to cart five people occasionally, not long journeys but they need to be able to fit in and not sure a 1 series fits that particular bill.

Fancy getting an R and doing a bit of tuning, anyone know what the standard approach is beyond a remap/tuning box ?

Five in a One series? It's possible........ If their all the size of Warwick Davies!!!

We have a One at work, hateful thing imo, & rear room is not good at all.

crankedup

25,764 posts

243 months

Wednesday 11th January 2017
quotequote all
MDMA . said:
would you really want an ex lease Golf R?

lad at work has one. ragged from cold everyday. abused no end. he takes the view that it's going back next year!

not for me.
My thoughts exactly, add to that the service requirements of the car, completed correctly? I don't suppose the driver would overly care?

daemon

35,821 posts

197 months

Wednesday 11th January 2017
quotequote all
J4CKO said:
He just posted a picture of him picking up a Golf from the same dealers, it had a cover over it and was silver, not black.

It had these wheels on,



They arent R wheels are they, GTI upgrade from the standard ones ?
Yes, GTI or GTD upgrade alloys.

So hes walked past the bargain of a lifetime Golf R deal, also an M3 deal didnt you say? and possibly bought a Golf diesel?

Tuvra

7,921 posts

225 months

Wednesday 11th January 2017
quotequote all
J4CKO said:
I said that with 15 grand off it must be like 20 grand or not much more, he said it was a lovely black 5 door at VW Manchester for £23,500, but there is nothing even close to that, low milers are like 27k, new ones 35.


So, I guess they may negotiate but cant see them doing a brand new one for £23,500.
Even at £23,500 with £15k off that's a £38,500 car, that would have had every single option ticked. Absolute bks.

At £23,500, even in basic form it would be the best pound for pound car money can buy, IMO.

Hainey

4,381 posts

200 months

Wednesday 11th January 2017
quotequote all
Tuvra said:
J4CKO said:
I said that with 15 grand off it must be like 20 grand or not much more, he said it was a lovely black 5 door at VW Manchester for £23,500, but there is nothing even close to that, low milers are like 27k, new ones 35.


So, I guess they may negotiate but cant see them doing a brand new one for £23,500.
Even at £23,500 with £15k off that's a £38,500 car, that would have had every single option ticked. Absolute bks.

At £23,500, even in basic form it would be the best pound for pound car money can buy, IMO.
Tuvra nails it yes