Golf MkV to mk7 - you decide!

[georgefreeman]

Hi guys and girls - posted this topic on another forum so will be interesting to see what the verdict will be.

Currently own a MKV r32. Manual, Miltek, kW coil overs - lovely car. However I test drove a DSG mk7 recently and loved it! As such I started to explore finance options. For the last 2 weeks I have been bargaining with vw over trade in value of my car, monthly payments and spec. I have since been offered a fantastic deal on a well specced brand new Golf R. This is not a lease deal, this would be Pcp.

So my lovely MkV would be traded in as a deposit and there would be monthly payments for 4 years with a final lump sum or I would move on to another car.

Without knowing my personal circumstances what would you do? Stick to the MkV and owe no one but the deal and insurance company money. Or get a brand new high specced golf R and owe someone for the next 4 years?

Listed below are some pros and cons I have thought of;

Stick with the r32;
+ owned outright, no monthly payments
+ lovely car, pretty fast
- £500 / year tax
- current knocking noise that garages can not diagnose
- servicing and mot to complete
- poor fuel economy

Go for the R;
+ fantastic car, very fast and capable
+new car(no one has ever farted on the seats) and it's all mine
+better fuel economy
+ tax is £300 / year cheaper
- monthly payments for the next 4 years
- going to lose at least 50% of its value of the next 4 years probably more.

I wish there was a formula for how much is acceptable to spend per month on a car! There's no question that it's affordable amounts but it's how much I am willing to spend per month on a car.

Please help!

[zeduffman]

If you want it, get it. Signing up to a lengthy PCP to save money on fuel and servicing, and losing one of the best sounding hatchbacks ever made at the same time, makes no sense. But if you want it, go for it. There's a near-5000 post thread in the VW forum of people who have done similar.

[anonymous-user]

Tough one, the R32 has bags of character. I briefly ran one alongside a MKV GTI but when one had to go and it was the R32. I regretted that decision on many occasions. As much as I love the R I do think it is lacking in the character stakes. It is obviously hugely competent but I've read numerous threads from people who have owned an R for a few months and are already thinking of what is next. That's not normal for a "great" car IMO.

[georgefreeman]

andrewparker said:

Tough one, the R32 has bags of character. I briefly ran one alongside a MKV GTI but when one had to go and it was the R32. I regretted that decision on many occasions. As much as I love the R I do think it is lacking in the character stakes. It is obviously hugely competent but I've read numerous threads from people who have owned an R for a few months and are already thinking of what is next. That's not normal for a "great" car IMO.

Interesting. I do get easily bored of cars but the golf just ticks every box. Practical, fast etc. tough choice