.
As far as upholding and earning the right to carry the GTI badge, the Mk3 and 4's were generally thought of as relatively unworthy. However, the Mk5 restored the reputation of the GTI brand and is the basis of the Mk6. The proof of the pudding is in the eating, so we can't form a conclusive opinion about the Mk7 GTI yet.
Totally agree Robin. I did 115k in a mk2 GTi 16V over 7 years. I only sold it in 2005 as it was on 213,000 and I was going to University so wanted something newer and less likely to go tits up half-way through my course.
I bought a 2000 V plate 1.8T with 50K for £6,500. I have to say, it was possibly one of the worst decisions of my life! I could have kept the money in the bank, and used it for spares and repairs on the Mk2! I bet I wouldn't have spent anywhere near the amount I lost on depreciation of the Mk 4 'GTi'! And it was sh1t!