MK5 Golf GTI
All Things Mk5 => Mk5 General Area => Topic started by: oldtomo on April 02, 2009, 08:22:37 am
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Morning all :smiley:
Not that i am thinking of selling, more out of curiosity, how much would you say a 07 bog standard ED30 would be worth.
It is DSG, has an iPod connection in the glove box, armrest, heated seats.
Given the current levels of depreciation i was wondering how much it would realistically be worth?
Cheers :happy2:
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how many miles etc ??
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I knew i would forget something 21050 - to be precise :happy2:
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Vehicle details
Make Volkswagen
Model Golf
Variant 3 door
Engine 2.0 Petrol
Trim GTI Edition 30
Year/Plate 2007 07
Mileage 21,000
Valuation details
Excellent condition £14800
Average condition £13300
Below average condition £11850
Retail £16900
Cost new £23397
From Glasses guide this morning. Top 3 prices are trade in values according to condition. I have valued as a 3 door?
Cheers
Andy
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Andy - spot on! Thanks mate :smiley:
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From what i ahve been told from a dealer friend, golf gti's and r32's prices goin thru the roof at the moment. Recession....what recession?
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i have been told the same
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Does anyone know why? Or can anyone suggest why?
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Vehicle details
Make Volkswagen
Model Golf
Variant 3 door
Engine 2.0 Petrol
Trim GTI Edition 30
Year/Plate 2007 07
Mileage 21,000
Valuation details
Excellent condition £14800
Average condition £13300
Below average condition £11850
Retail £16900
Cost new £23397
From Glasses guide this morning. Top 3 prices are trade in values according to condition. I have valued as a 3 door?
Cheers
Andy
Apologies fro hijacking the thread, but Andy, do you have the glasses valuation for a 08 reg - see my thread (posted in the wrong place :ashamed:)? http://www.mk5golfgti.co.uk/forum/index.php?topic=3545.0 Cheers.
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http://www.virtual-showroom.co.uk/scripts/nuvv/nuvv1.asp?clientId=vauxhall&laf=vauxhall&nuvvpath=b&sessionid=0
Try the link above.
If the prices of GTIs are going through the roof as suggested then I'm jumping ship quick!!! Considering they dropped like stones at the arse end of last year and mine is coming up for a cambelt change and service maybe it's time to get shot(?).
I bet the guys who managed to get those super discounted end of line R32s and GTIs are sitting there smugly now. I would be. :happy2:
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i keep hearing this price going up rumour but im yet to see anyone get a reasonable price for their Gti as a trade in
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I bought my GTI from a VW franchised dealer yesterday. It's an 05 plate in mint condition. Through the VW used car locator GTI's of a similar year and milage are priced upto nearly 13k! :surprised: Fortunatley I never paid anything like that that kind of money for mine so I don't know if I got a bargain or the others are overpriced. :confused:
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Yeah, I tend to agree. The prices bottomed out last year when everyone got panicked by the media hype and dealers didn't want cars sitting around onsold. Now things are settling down a bit I can't actually see any sign of stuff going up in value, more along the lines of staying steady but actually selling. I think if the rumoured shortage of availability of cars becomes true then they may go up a little in value but not very much, and only certain models and specs.
Same with houses, they things actually seem to be selling at the moment but you read one report and they say the prices are going down and another says they're going up. So again lets just say they've steadied a little(?).
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Yeah, I tend to agree. The prices bottomed out last year when everyone got panicked by the media hype and dealers didn't want cars sitting around onsold. Now things are settling down a bit I can't actually see any sign of stuff going up in value, more along the lines of staying steady but actually selling. I think if the rumoured shortage of availability of cars becomes true then they may go up a little in value but not very much, and only certain models and specs.
Same with houses, they things actually seem to be selling at the moment but you read one report and they say the prices are going down and another says they're going up. So again lets just say they've steadied a little(?).
yeh when i was trying to get an edition 30 that was new or nearly new you couldn't get one under 20k, then a few months later they were 16k, the arse fell out the market and cars were going for silly money, i just think if anything now they may be heading back towards where they should be although im still to see any evidence to prove this
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Hows this for evidence! :happy2:
http://www.fleetnews.co.uk/news/story/Residual-values-recover-entire-2008-losses/49788
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Residual values recover entire 2008 losses
, great so there possibly back where they should be , not exactly through the roof though :jumping:
ps i still dont have any evidence that the end user is seeing any benefits from price rises
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Hows this for evidence! :happy2:
http://www.fleetnews.co.uk/news/story/Residual-values-recover-entire-2008-losses/49788
Glass's guide still shows my GTI sitting at the same price it did a month or so ago if not a fraction lower. £5k less than I paid for it 12months ago!!! And it was an older one then, dread to think what the depreciation was like on newer ones.
I remember well the first few years of MK5 GTIs where they lost very little value and many people picked up better deals buying new than second hand.
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the real issue for me is if i bought a S3 now it would increase the same as my ed30 would so absolutely no use to me :grin:, me thinks if anyone is making on this then trade are making the money out of any increases not the punter
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Vehicle details
Make Volkswagen
Model Golf
Variant 3 door
Engine 2.0 Petrol
Trim GTI Edition 30
Year/Plate 2007 07
Mileage 21,000
Valuation details
Excellent condition £14800
Average condition £13300
Below average condition £11850
Retail £16900
Cost new £23397
From Glasses guide this morning. Top 3 prices are trade in values according to condition. I have valued as a 3 door?
Cheers
Andy
Apologies fro hijacking the thread, but Andy, do you have the glasses valuation for a 08 reg - see my thread (posted in the wrong place :ashamed:)? http://www.mk5golfgti.co.uk/forum/index.php?topic=3545.0 Cheers.
Sorted mate, its across on the other thread, same values as those on the Vauxhall configurated listed on this thread, although I can give retail price aswell.
Cheers
andy
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as i said in another thread, on Vw's dealer calculator they use to show trade in values on used 2nd Hand GTi's , in the last 2 months alone, they have gone up £700 in value, due to short New build supply from the factory and everyones not selling!, putting up the value's!.
Hope it continues towards the release of the mk6 GTi, which or accoarding to My insider, prices of Mk5's wont alter much when the 6th gen comes out.
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I can see where your 'insider' is coming from, and initially at least the mk5 will look very good value against a mk6 thus the values will stay high. But as we've seen with generations of Golfs in the past, once the new model has been out a couple of years and gets finally accepted by the very conservative Golf buyer then the previous generation just becomes another old VW and drops away in the desirability stakes.
I keep seeing mk6 Diesels lately and thinking from most angles they have taken the conservative thing too far, they remind me of the Toyota Diesel 2D2 boring thing hire car I had the other week.
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i waiting for my test drive in the new mk6 GTi in may to make a firm judgement on whether its worth going up the Mk's to the new 6th incarnation.
Considering i raced a scirrocco ay rwyb day in february, and that ive ment to have more horsepower then the scirrocco's 197. Both cars were DSG and i could only match in hundreths of a second the performance of the new 888 engine down the famous quarter mile.Which makes me think the new engine in the mk6 GTi, will be as spritely as an edition30. (standard on course).May be the aerodynamics of the scirrocco are better hense matching the run against my ed30. Who knows? :surprised:
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It may have been said before,
But I think that the Mk5 is much better looking than the Mk6 in GTi form.
as posted above, no doubt in a couple of years, the Mk6 will be favoured, but at the mo, Im loving the look of my black Mk5!
Andy :scared: