New Golf has arrived - now no longer need it!
Discussion
Impressed as I was by my mum's new 1.6Tdi Golf (66 mpg and £35 road tax) I ordered a new similar car last October (under scrappage). Weeks became months and I finally needed to buy something else. Now the dealer has just rung to tell me I can pick the Golf next week making it a 2010 car (I got the VAT at 15%). Can I just get it home and sell at a significant saving on list price or should I negotiate with the dealer?
oldmanbm said:
Impressed as I was by my mum's new 1.6Tdi Golf (66 mpg and £35 road tax) I ordered a new similar car last October (under scrappage). Weeks became months and I finally needed to buy something else. Now the dealer has just rung to tell me I can pick the Golf next week making it a 2010 car (I got the VAT at 15%). Can I just get it home and sell at a significant saving on list price or should I negotiate with the dealer?
Hmm.I'd be wary of thinking you could sell it on at a profit for several reasons
(a) people spending this amount may well want finance
(b) they may well want to trade in
(c) your significant saving may not be much more than people can negotiate off themselves, so they may prefer to get the exact car they want for just a bit more.
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.You'd probably lose more trying to sell what would then be a second hand car. As already mentioned people will want new/trade in/finance etc. You'll also have to sort out insurance which will end up costing you a few quid for short term.
Gren said:
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.You'd probably lose more trying to sell what would then be a second hand car. As already mentioned people will want new/trade in/finance etc. You'll also have to sort out insurance which will end up costing you a few quid for short term.
missing the VR6 said:
Gren said:
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.Edited to add, if it was ordered October 2008 then this would be grounds, but I would have expected the OP to cancel the order at the time of buying a replacement.
Can the OP please clarify exactly when the car was ordered?
Edited by Kevin VRs on Wednesday 30th December 09:59
Kevin VRs said:
missing the VR6 said:
Gren said:
missing the VR6 said:
So you've already bought a replacement so just cancel the order.
Exactly what I'd do. All you'd lose is your deposit.Edited to add, if it was ordered October 2008 then this would be grounds, but I would have expected the OP to cancel the order at the time of buying a replacement.
Can the OP please clarify exactly when the car was ordered?
Edited by Kevin VRs on Wednesday 30th December 09:59
Kevin VRs said:
Since when did a car purchase become exempt from contract law? The only exemption I know about is a house purchase.
As a car salesman all the legal training I've had has always told me that the customer can cancel whenever and for whatever reason he likes and the retailer has to swallow it.Under scrappage they collected my old taxed and MOT'd car three months ago and the new Golf was for my wife. Circumstances changed and with a change in my job I got a Mitsubishi which will do me fine. The Golf is a 1.6Tdi in red (90 bhp) 5 door with uprated leather steering wheel etc. Can transfer my old insurance next week when I collect and park in a locked garage. I can pay for it outright and a good friend of mine can arrange finance for any purchaser. Its identical to this one. How long do I need to keep it before selling it under srappage?

Edited by oldmanbm on Saturday 2nd January 22:27
missing the VR6 said:
Kevin VRs said:
Since when did a car purchase become exempt from contract law? The only exemption I know about is a house purchase.
As a car salesman all the legal training I've had has always told me that the customer can cancel whenever and for whatever reason he likes and the retailer has to swallow it.In fact not only can the dealer keep the deposit, but they could also sue for any loss on resale.
oldmanbm said:
Under scrappage they collected my old taxed and MOT'd car three months ago and the new Golf was for my wife. Circumstances changed and with a change in my job I got a Mitsubishi which will do me fine. The Golf is a 1.6Tdi in red (90 bhp) 5 door with uprated leather steering wheel etc. Can transfer my old insurance next week when I collect and park in a locked garage. I can pay for it outright and a good friend of mine can arrange finance for any purchaser. Its identical to this one. How long do I need to keep it before selling it under srappage?

No minimum period.Edited by oldmanbm on Saturday 2nd January 22:27
gizlaroc said:
How much deposit did you put down??
I would look at walking away and loosing it if it was less than £2k as you're sure to loose at least that.
Presumeably (as he's bought another car) the scrap car was worthless, so he's "losing" the £2K allowance for that if the deal doesn't go through.I would look at walking away and loosing it if it was less than £2k as you're sure to loose at least that.
My old car was the deposit and I would have valued it at £200 at most. I will most certainly NOT walk away when I am getting a new Golf Tdi, well kitted out and a service package for three years for the price of a new Fiesta! Will drive home and put on the market when the weather is better. Thanks everyone for your help.
oldmanbm said:
My old car was the deposit and I would have valued it at £200 at most. I will most certainly NOT walk away when I am getting a new Golf Tdi, well kitted out and a service package for three years for the price of a new Fiesta! Will drive home and put on the market when the weather is better. Thanks everyone for your help.
How much did you end up getting it for?I'd still be very careful. 3 month old 1.6 TD golfs are always easily available for around £3K off list price from main dealers - who'll be able to offer finance, trade in facilities, etc. Out of 48 1.6TDI's available used, just one is being sold privately and theres good reason for that.
Edited by pgilc1 on Sunday 3rd January 14:56
Edited by pgilc1 on Sunday 3rd January 14:57
pgilc1 said:
oldmanbm said:
My old car was the deposit and I would have valued it at £200 at most. I will most certainly NOT walk away when I am getting a new Golf Tdi, well kitted out and a service package for three years for the price of a new Fiesta! Will drive home and put on the market when the weather is better. Thanks everyone for your help.
How much did you end up getting it for?I'd still be very careful. 3 month old 1.6 TD golfs are always easily available for around £3K off list price from main dealers - who'll be able to offer finance, trade in facilities, etc. Out of 48 1.6TDI's available used, just one is being sold privately and theres good reason for that.
Edited by pgilc1 on Sunday 3rd January 14:56
Edited by pgilc1 on Sunday 3rd January 14:57
A new golf 5 door in red has a list price of £17,155. You added the leather steering wheel at £120, and the servicing pack at £250. You tell us that its 'well kitted out' and has a 'leather steering wheel, etc' so i'm going to assume you put another £500 of extras on it (otherwise its just the standard car
) That takes the price to £18,000. You then would have got the £3950 off it, taking to back to around £14,000.You plan on keeping it for three months, then selling it - presumably for a profit.
Well, a two minute search of the main VW site found this 3 month old Golf from a main dealer (who can offer trade in facilities, low rate finance, no risk purchase) with desirable metallic paint for £14,350

I would have little doubt anyone could get £750 off that car, taking the price back to £13,600.
Roll that situation forward three months and there'll be 2010 registered cars available for that price too - often with much less miles than this.
I'm not sure what your unique selling point is going to be that will mean you can get more than a main VW dealer for a similar car?

Edited by pgilc1 on Sunday 3rd January 20:14
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