RE: PH Fleet: VW Golf GTI Edition 35
Discussion
heebeegeetee said:
You've said in another post that it's BS about German residuals, but I can't see how it can be. Companies like VW and BMW etc can only command 'premium' prices if they can get those prices. The market always determines the price, and if VW can get £30k or whatever for their Golfs then that proves that the demand is there, and the demand will also be there at resale time too.
You can see resale for yourself. Find the going rate for a 2009 GTI, take this away from the price new and bingo, there is your depreciation.I bought my 335i at 2.5 years old from a main dealer for less than HALF its invoice price. If thats not shocking residuals then I'm not sure what is. People mistake 'expensive used' for 'good residuals'. Sure, a 3 Series might be £15k when the equivilent Mondeo is just £8k. Shocking residuals on that Mondeo, right? But then the 3 Series was £35k new.. the only reason German cars are more expensive used is because they were more expensive in the first place.
Fox- said:
You can see resale for yourself. Find the going rate for a 2009 GTI, take this away from the price new and bingo, there is your depreciation.
I bought my 335i at 2.5 years old from a main dealer for less than HALF its invoice price. If thats not shocking residuals then I'm not sure what is. People mistake 'expensive used' for 'good residuals'. Sure, a 3 Series might be £15k when the equivilent Mondeo is just £8k. Shocking residuals on that Mondeo, right? But then the 3 Series was £35k new.. the only reason German cars are more expensive used is because they were more expensive in the first place.
I'm not sure how the depreication can be worked out because I'd never know what was paid for originally. You say take away from price new, but what price? Can't be list because nobody pays that.I bought my 335i at 2.5 years old from a main dealer for less than HALF its invoice price. If thats not shocking residuals then I'm not sure what is. People mistake 'expensive used' for 'good residuals'. Sure, a 3 Series might be £15k when the equivilent Mondeo is just £8k. Shocking residuals on that Mondeo, right? But then the 3 Series was £35k new.. the only reason German cars are more expensive used is because they were more expensive in the first place.
When you say your BMW had shocking residuals... shocking compared to what?
Fox- said:
Well anything, 50% in 2.5 years isn't 'good residuals' is it? You'd probably lose less on a new Corsa.
But is that the norm? Are you sure the invoice price was the price paid? Was it an outright purchase or was there a part-exchange? Did a company buy it, was it a company car? Do you know that you'd lose less on a Corsa?CJP80 said:
In 2007 I paid £27,000 for a fully loaded Audi S3 with Nav, Buckets, and everything else you can think of. I cannot for the life of me understand why this is £7K more expensive!
It's not, it's £4k more. And this is the RRP. Take 10% of this as a discount and it's £28k.Factor in exchange rate and extra VAT as well, plus the price of materials would have risen and there's your answer.
CDP said:
carllll said:
You have misunderstood what i have said, you are saying your preferences. I would rather
walk than have a motor bike and buy a second hand transit van instead of a skoda. What im saying is you can't claim to be more intelligent than someone because you buy a car which is cheaper when its 2 or 3 years old.
But it's a front wheel drive hatchback which makes it a tool rather than an object of desire in it's own right. A useful, fast, comfortable and practical tool admittedly but I can get more effective devices for similar or less money. walk than have a motor bike and buy a second hand transit van instead of a skoda. What im saying is you can't claim to be more intelligent than someone because you buy a car which is cheaper when its 2 or 3 years old.
In effect they've taken a mundane hatchback, added a few hundred pounds worth of extras (at manufacturing cost) and a couple of thousand of performance mods and doubled the price. I doubt this costs much more than £500 over the Octavia VRS to build; it's a volume car. The extra's not engineering but VW's profit margin. Nice idea if you create enough hype to persuade the suckers to fall for it.
30K for tricked up supercharged Atom fine. For a hatchback. No.
CDP said:
carllll said:
I must be dumber ive got a Golf Edition 35 on my driveway now and i paid well under 30k for it and it i love it. If you can afford it and you want why not.
100 % Agree. Your choice.carllll said:
People who think that someone is dumb because they buy new. Have they ever thought that so called dumb person are actually doing well and can afford to lose thousand's on a car. So you never know are you dumber than them ?
I can't say I agree with that part at all though. BTW, my annual motoring budget would easily allow me to buy that Golf. It's just I spend it in a more exciting way.Frankly the Skoda and a superbike would be a much better proposition. Or a pilot's licence. Or a grand tour. Or many other things instead of an "Apple" badge (thankyou Martin Kropp) and soft plastics.
CDP said:
Dave Hedgehog said:
elementad said:
They also choose to price them high to make the dumb masses believe the higher perceived value. It's exactly what happens with fashion and women's designer hand bags/shoes as a crude example.
Price at £20k and it gives the impression they are cheap. Price at £34k and people start to believe your actually buying £14 grands worth of quality over the other £20k cars of similar ilk.
does that make A3 owners even dumber?Price at £20k and it gives the impression they are cheap. Price at £34k and people start to believe your actually buying £14 grands worth of quality over the other £20k cars of similar ilk.
At the bottom end the A3 is certainly the better buy. Audi don't seem to have put their prices up as much as VW, maybe they had bigger margins before and absorbed the exchange rate. They certain couldn't increase an A6 significantly as the XF would simply murder it.
R Sirocco - No idea i don't like FWD
R golf - 41K
S A3 - 39K
RS A3 - 42K
And I think audi have droped the S3 again by a couple of grand as they phase out for the new model starts (and i assume it will 2 years before the new S3 turns up)
Dave Hedgehog said:
I think your right, when I chopped my R32 in sept matching my R32 spec the:
R Sirocco - No idea i don't like FWD
R golf - 41K
S A3 - 39K
RS A3 - 42K
And I think audi have droped the S3 again by a couple of grand as they phase out for the new model starts (and i assume it will 2 years before the new S3 turns up)
You can get an S3 for around £27k new with a discount. It's never been £39k R Sirocco - No idea i don't like FWD
R golf - 41K
S A3 - 39K
RS A3 - 42K
And I think audi have droped the S3 again by a couple of grand as they phase out for the new model starts (and i assume it will 2 years before the new S3 turns up)
Bitzer said:
Dave Hedgehog said:
I think your right, when I chopped my R32 in sept matching my R32 spec the:
R Sirocco - No idea i don't like FWD
R golf - 41K
S A3 - 39K
RS A3 - 42K
And I think audi have droped the S3 again by a couple of grand as they phase out for the new model starts (and i assume it will 2 years before the new S3 turns up)
You can get an S3 for around £27k new with a discount. It's never been £39k R Sirocco - No idea i don't like FWD
R golf - 41K
S A3 - 39K
RS A3 - 42K
And I think audi have droped the S3 again by a couple of grand as they phase out for the new model starts (and i assume it will 2 years before the new S3 turns up)
L2R thou to my spec to match my R32
i just specced it up again and it came to 37K so about 2k less than the dealer quoted me in sept, buckets and custom paint would add 4k to that
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