MK5 Golf GTI

All Things Mk5 => Mk5 General Area => Topic started by: andrewparker on December 19, 2011, 04:43:24 pm

Title: Price Thoughts - 2008 Edition 30
Post by: andrewparker on December 19, 2011, 04:43:24 pm
Hi guys, a friend is considering buying this car from a friend. I was wondering if you could give me your thoughts on realistic value.

Golf GTI Edition 30 2.0T (230 ps) 5 Door
First Registered March 1 2008
1 owner from new

Optional extras
DSG Gearbox
Metallic Paint – Diamond Pearl Black
Luxury Pack 1 - (includes winter pack, coming home lights, folding mirrors)
GTi multifunction steering wheel with paddleshift
Rear Parking Sensors
DVD Navigation System with 6.5” colour touch screen including 6 cd multi-changer (apparently the £1800 option so not sure which one it is)

Retrofitted by VW
VW Burry Handsfree Bluetooth Phone Prep with colour screen module
Ipod Connection kit

Full List price with options was £31k

Current Mileage: 34560

Full VW Service History

Extended VW Warranty until March 2012

Tracker Horizon (Vehicle Theft Tracking System)
Title: Re: Price Thoughts - 2008 Edition 30
Post by: andrewparker on December 19, 2011, 05:05:24 pm
By the way, he's asking for £12,000 which I think looks pretty reasonable considering the only must-have option it lacks is Xenons.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: Daffy on December 19, 2011, 05:48:14 pm
With leather I would start at £11 and go no more than £11.5. Times are hard.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: stevw1 on December 19, 2011, 06:12:38 pm
With leather I would start at £11 and go no more than £11.5. Times are hard.
Was leather not std on an Eddy ?
Price is Fair imo
Title: Re: Price Thoughts - 2008 Edition 30
Post by: andrewparker on December 19, 2011, 06:32:08 pm
Howay lads, everyone knows the Edition 30 was part leather, part Interlagos cloth.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: Nasir on December 19, 2011, 06:46:25 pm
By the way, he's asking for £12,000 which I think looks pretty reasonable considering the only must-have option it lacks is Xenons.

That's a deal, bordering suspiciously low. I'd say 13.5K on a good day.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: andrewparker on December 19, 2011, 06:52:01 pm
I don't think he's too bothered about achieving a top price. He's selling it along with his Exige just to try something different, and sold his Lamborghini Gallardo for a big loss last year.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: DaveB@Vagbremtechnic on December 19, 2011, 06:53:44 pm
I'm looking at getting into another GTI, if he's prepared to wait he get that from an enthusiastic buyer, the fact is its traditionally a crap time of year until the end of Jan for second hand values.... And there's not many enthusiastic buyers about

That said 2012 will see the end of the in fairness inflated prices GTI's have enjoyed for 18 months or more, Ed30 prices will normalise in exactly the same way Mk3/Mk4 anni prices did when the next best thing came along...it's just history repeating itself.

There'll be Ed35's on the road, traders will see them and the Ed30 will be relegated to a Nicer GTI category which will be a shame.

So he'll sell it if he's not in a hurry and flexible, but the smart money would not be putting a huge premium into an eddy right now as you'll not only be paying " normal" GTI depreciation but also eroding that premium as well.... a double whammy

GTI's are sub £5k now for a nice high miler, greeners will confirm.

It's fair to say we live in a bit of a bubble on here, motor trade takes no prisoners and some of the money on here being asked for 6-8 year old cars will buy you a lot of BMW at the auction
Title: Re: Price Thoughts - 2008 Edition 30
Post by: robby on December 19, 2011, 07:08:10 pm
I've just had my ED30 valued as a p/x against a couple of cars and i'm still on the floor  :confused:
2007 , manual, 60k, fvwsh (£650 service + belt just done), sunroof, and the price is ................................................................£7250  :sick:
Title: Re: Price Thoughts - 2008 Edition 30
Post by: jhtrophy on December 19, 2011, 07:13:21 pm
 Ouch
Title: Re: Price Thoughts - 2008 Edition 30
Post by: MAT ED30 on December 19, 2011, 07:17:27 pm
I've just had my ED30 valued as a p/x against a couple of cars and i'm still on the floor  :confused:
2007 , manual, 60k, fvwsh (£650 service + belt just done), sunroof, and the price is ................................................................£7250  :sick:

it will end up on a forecourt for over 10k so it all bollox don't trade in you will get f all in the market these days sell it private
Title: Re: Price Thoughts - 2008 Edition 30
Post by: robby on December 19, 2011, 07:28:33 pm
I've just had my ED30 valued as a p/x against a couple of cars and i'm still on the floor  :confused:
2007 , manual, 60k, fvwsh (£650 service + belt just done), sunroof, and the price is ................................................................£7250  :sick:

it will end up on a forecourt for over 10k so it all bollox don't trade in you will get f all in the market these days sell it private

I paid £10800 almost 2 months ago from a trader - can't belive the price drop, though a special edition would hold its value a bit better  :sad1:
Title: Re: Price Thoughts - 2008 Edition 30
Post by: MAT ED30 on December 19, 2011, 07:33:15 pm
time of year and downturn in the market won't help just drive it and enjoy em  :driver:
Title: Re: Price Thoughts - 2008 Edition 30
Post by: Oli on December 19, 2011, 09:01:46 pm
I think £12k is very good value, considering the mileage, spec and warranty. It should sail away at that price.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: TurboTrev on December 19, 2011, 09:22:30 pm
Seems very reasonable to me.  If it was mine I would be asking for a bit more.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: andrewparker on December 19, 2011, 09:22:35 pm
I think £12k is very good value, considering the mileage, spec and warranty. It should sail away at that price.

Cheers Oli
Title: Re: Price Thoughts - 2008 Edition 30
Post by: Oli on December 19, 2011, 10:07:46 pm
However, I wouldn't bother advising it for a couple of weeks though, get Xmas and NY out the way.
Title: Re: Price Thoughts - 2008 Edition 30
Post by: Greeners on December 19, 2011, 10:35:31 pm
I don't tend to get to hung up on what the 'Trade' says and to me the Glass's guide is so far out of touch, especially with sought after specialist models. Yes your run of the mill rep mobiles and family wagons will rarely achieve top book value, but the more sought after variants are fair game.

The last 5+ cars I have sold have been well over the 'Trade' guide proving to me that people will pay decent money if the car is the right one. If someone wants a well specced looked after ED30 then why shouldn't it achieve 12-15k depending on the age/mileage/condition?

In my mind 12k for the car in question is a steal, a lot of very good hot hatch for the money.  :happy2:
Title: Re: Price Thoughts - 2008 Edition 30
Post by: andrewparker on December 19, 2011, 10:37:20 pm
Stop it! You'll have me tempted soon!