Inflated VW prices
Discussion
vikingaero said:
Previous said:
Whilst all of the above is true, COVID inflated prices and although they've passed peak craziness, they're still Very high compared to pre COVID depreciation norms.
Eggsactly this. I bought my Mum a 67 plate Honda Jazz back in 2018 for £10499. She's given the car back to us as my parents live on an every 10 minutes bus route and one car is now fine for them. We've driven it for 4-5 years and it has 50k. So bearing in mind it's 8ish years old, WBAC offered £7700. 7 years motoring for £2800. I remember the days of buying a £20k car that was automatically worth 1/3rd after 3 years.
normalbloke said:
We sold my wife s S2000 last year. 13 years on that one and we added about 110k miles to it. It depreciated by £200.
An S2000 doesn't really fit this thread though, its a sought after collectible. The OP is musing over 'regular' hatchbacks commanding a premium. OP: Its the same for the vans, both the Caddy and the Transporter command a huge premium over their competitors, they do feel better to drive (more car like, especially the caddy) but the reliability is dubious at best.
My experience of modern VW isn t good.
Last year our 2019 golf, which has full VWSH and owned from new, died at a junction the morning we were going to the airport.
Timing belt snapped and VW considered it a premature belt failure, which they weren t surprised at as they had seen it before. The intervals they have set for the belts on this model is 140k, with technicians supposedly judging if they need changed or not via visual inspection.
Our belt was in tragic condition to say the least.
After much discussion I had a complete new engine fitted at a cost of 2.5k, so it could have been worse but what a kick in the balls.
Last year our 2019 golf, which has full VWSH and owned from new, died at a junction the morning we were going to the airport.
Timing belt snapped and VW considered it a premature belt failure, which they weren t surprised at as they had seen it before. The intervals they have set for the belts on this model is 140k, with technicians supposedly judging if they need changed or not via visual inspection.
Our belt was in tragic condition to say the least.
After much discussion I had a complete new engine fitted at a cost of 2.5k, so it could have been worse but what a kick in the balls.
Edited by StefanYHU on Monday 12th January 08:42
StefanYHU said:
My experience of modern VW isn t good.
Last year our 2019 golf, which has full VWSH and owned from new, died at a junction the morning we were going to the airport.
Timing belt snapped and VW considered it a premature belt failure, which they weren t surprised at as they had seen it before. The intervals they have set for the belts on this model is 140k, with technicians supposedly judging if they need changed or not via visual inspection.
Our belt was in tragic condition to say the least.
After much discussion I had a complete new engine fitted at a cost of 2.5k, so it could have been worse but what a kick in the balls.
Interesting, as a couple of years ago VW moved from "replace every five years" for cam belts to "mileage only inspection with no time limit"!Last year our 2019 golf, which has full VWSH and owned from new, died at a junction the morning we were going to the airport.
Timing belt snapped and VW considered it a premature belt failure, which they weren t surprised at as they had seen it before. The intervals they have set for the belts on this model is 140k, with technicians supposedly judging if they need changed or not via visual inspection.
Our belt was in tragic condition to say the least.
After much discussion I had a complete new engine fitted at a cost of 2.5k, so it could have been worse but what a kick in the balls.
Edited by StefanYHU on Monday 12th January 08:42
How many miles had it done when it failed?
My Mum used to travel to a second home in a distant part of the UK every 2 weeks and would book a rental car. She would always hunt the rental website for a picture of a Golf as this was the only car she wanted. Then when arriving at the desk she'd often be given a Focus/Astra, whereupon she would argue that the picture on the website was a Golf and that is what she wanted - she'd flat refuse to drive a Ford / Vauxhall (because of what the neighbours would think) and would kick up a fuss at the rental desk about wanting the Golf.
The rental company did have 1 Golf in the fleet, and the family joke was that they would keep this aside for my Mum to avoid the arguements at the desk. Every time she went there it was the same Golf parked and ready for her. She rented that every 2 weeks for about 2 years.
...these are the people who inflate VW prices!
The rental company did have 1 Golf in the fleet, and the family joke was that they would keep this aside for my Mum to avoid the arguements at the desk. Every time she went there it was the same Golf parked and ready for her. She rented that every 2 weeks for about 2 years.
...these are the people who inflate VW prices!
k yourselves scammers vikingaero said:
Eggsactly this. I bought my Mum a 67 plate Honda Jazz back in 2018 for £10499. She's given the car back to us as my parents live on an every 10 minutes bus route and one car is now fine for them. We've driven it for 4-5 years and it has 50k. So bearing in mind it's 8ish years old, WBAC offered £7700. 7 years motoring for £2800.
I remember the days of buying a £20k car that was automatically worth 1/3rd after 3 years.
Just fortunate timing, plus new car price inflation, really - neighbour got a Tiguan in 2018 through a broker and paid £23K for it. He sold it 4yrs later through Motorway and got - £23K. He had another on order at £30K that he'd waited 18mths for due to Covid delays and by the time it was delivered it was touch and go whether it would come under the £40K luxury car tax level. Some people who optioned up cars were cancelling them.I remember the days of buying a £20k car that was automatically worth 1/3rd after 3 years.
Now new Jazz starts at £28K list - blimey, that explains why I don't see many, they used to be really popular around us, we've had three in the family at various times.
Low mileage seems to make an out of proportion difference - Tiguan mentioned above had only done 12K in 4yrs. I've held on to daughter's old SEAT Ateca as she got an EV - we got that new in 2018 for a shade under £20K. WBAC value today is £5750, but it's done 90K miles. At 50K they have it at £9K.
The problem with buying Seat or Skoda is that the parts prices and silly design / in-built crapness ensures that while they are cheaper than VW to buy, they cost as much to run...
And I am another one who is looking away from VAG after owning (takes deep breath) a Polo 'breadvan', Cordoba Vario, Passat, Touran, Ibiza, Fabia and T5 over the years. The lack of reliability and cost to maintain is just not worth it.
Next car will be likely Japanese or Korean.
And I am another one who is looking away from VAG after owning (takes deep breath) a Polo 'breadvan', Cordoba Vario, Passat, Touran, Ibiza, Fabia and T5 over the years. The lack of reliability and cost to maintain is just not worth it.
Next car will be likely Japanese or Korean.
Edited by POIDH on Monday 12th January 11:18
POIDH said:
The problem with buying Seat or Skoda is that the parts prices and silly design / in-built crapness ensures that while they are cheaper than VW to buy, they cost as much to run...
And I am another one who is looking away from VAG after owning (takes deep breath) a Polo 'breadvan', Cordoba Vario, Passat, Touran, Ibiza, Fabia and T5 over the years. The lack of reliability and cost to maintain is just not worth it.
Next car will be likely Japanese or Korean.
I think the "All In" cover on the VW Group cars, epecially if you buy it when it's on offer, if pretty astonishing value. If you time it right you can get cover up to 8yrs old. We messed up on the Ateca as the cover ran out at 7yrs old, although we never intended to keep it, but it doesn't seem worth selling due to its mileage kllling its value. Must admit I am nervous about running the car without the safety net of a warranty. And I am another one who is looking away from VAG after owning (takes deep breath) a Polo 'breadvan', Cordoba Vario, Passat, Touran, Ibiza, Fabia and T5 over the years. The lack of reliability and cost to maintain is just not worth it.
Next car will be likely Japanese or Korean.
As for Korean - the EV we bought a year ago was a Kona. I thought VW Group dealers were bad, although I did always manages to negotiate around any problems. Hyundai dealers (I've tried two) take it to a whole new level. Hyundai UK themselves must be being deliberately stupid, no-one could be that dense in real life.
itcaptainslow said:
Interesting, as a couple of years ago VW moved from "replace every five years" for cam belts to "mileage only inspection with no time limit"!
How many miles had it done when it failed?
90k, worst thing is the week before I was pricing a timing belt kit with an indie to have it replaced.How many miles had it done when it failed?
Sheepshanks said:
I think the "All In" cover on the VW Group cars, epecially if you buy it when it's on offer, if pretty astonishing value. If you time it right you can get cover up to 8yrs old. We messed up on the Ateca as the cover ran out at 7yrs old, although we never intended to keep it, but it doesn't seem worth selling due to its mileage kllling its value. Must admit I am nervous about running the car without the safety net of a warranty.
As for Korean - the EV we bought a year ago was a Kona. I thought VW Group dealers were bad, although I did always manages to negotiate around any problems. Hyundai dealers (I've tried two) take it to a whole new level. Hyundai UK themselves must be being deliberately stupid, no-one could be that dense in real life.
I tend to buy at around 3-5 years old...As for Korean - the EV we bought a year ago was a Kona. I thought VW Group dealers were bad, although I did always manages to negotiate around any problems. Hyundai dealers (I've tried two) take it to a whole new level. Hyundai UK themselves must be being deliberately stupid, no-one could be that dense in real life.
Tam_Mullen said:
An S2000 doesn't really fit this thread though, its a sought after collectible. The OP is musing over 'regular' hatchbacks commanding a premium.
OP: Its the same for the vans, both the Caddy and the Transporter command a huge premium over their competitors, they do feel better to drive (more car like, especially the caddy) but the reliability is dubious at best.
Yeah, exactlyOP: Its the same for the vans, both the Caddy and the Transporter command a huge premium over their competitors, they do feel better to drive (more car like, especially the caddy) but the reliability is dubious at best.
I totally get the supply and demand thing... it's more then a question of why are people willing to pay so much?? Mental really, I wouldn't say they're significantly better to drive than other standard hatchbacks and certainly not cheaper to run or more reliable
Sheepshanks said:
Which engine was it, and how did you get a new one for only £2.5K?
I haven't changed the belt on our 1 litre Ateca and that's nudging 90K.
45k is the lowest we have seen, its not the belts but the tensioner or waterpumps that failI haven't changed the belt on our 1 litre Ateca and that's nudging 90K.
The 1.6/2.0 diesel i would ignore VW, aim for 4 years/70k, anything else petrol wise we have never seen an issue with.
When the belts fail on the diesel it can break the rockers, although on the last one we did it just spun the cams in the cam carrier.
I will go against the trend and say "because VW are better" but its not quite as 'better' as the inflated prices compared to similar cars. But then you'll generally get your money back when selling, unless its scrapped of course.
This is based on owning many VWs and other cars too; and driving between 800-900 of them.
This is based on owning many VWs and other cars too; and driving between 800-900 of them.
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