Valuation

[182_blue]

Residual values recover entire 2008 losses

, great so there possibly back where they should be  , not exactly through the roof though

ps i still dont have any evidence that the end user is seeing any benefits from price rises

[BeezerDiesel]

Hows this for evidence! 

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.

[182_blue]

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  , me thinks if anyone is making on this then trade are making the money out of any increases not the punter

[andytran]

  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     Ã‚£14800   
  Average condition     Ã‚£13300   
  Below average condition   Ã‚£11850   
  Retail     Ã‚£16900   
  Cost new     Ã‚£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 )?  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

[Phil Mcavity]

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.

[BeezerDiesel]

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.

[Phil Mcavity]

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?

[andytran]

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