MK5 Golf GTI

All Things Mk5 => Mk5 General Area => Topic started by: ginjez on March 07, 2021, 07:39:38 am

Title: future classics
Post by: ginjez on March 07, 2021, 07:39:38 am
With the prices of Mk4 R32 climbing well beyond £10k will the Mk5 follow? Surely prices have bottomed starting at around £4k?
I've currently got an early Mk5 R32 on a 55 and a Pirelli. Both are totally standard, clean and unmolested but which will become the more collectable and desirable in the future?
I am considering letting one of them go due to garage space but both are a joy to look and drive and the decision is a tough one. Neither are used as a daily which helps with overall condition. Which would you let go, if any or would you find space?
Title: Re: future classics
Post by: Clarkj93 on March 07, 2021, 07:52:08 am
Pirelli I imagine would be more collectible as its so much more uncommon. Not driven an r32 but from what I've heard a couple times now is the gti is much more fun car to drive which would probably do it for me. Maybe an unpopular opinion but I'm not a fan of the mk5 r32, I really like the look of the mk4 32 mind you but the mk5 one i think looks a bit dull in comparison to an ed30 or  pirelli imo .
Title: Re: future classics
Post by: rich83 on March 07, 2021, 08:54:57 am
Edition 30 an Pirelli... yes eventually

Normal GTI.... nope
Title: Re: future classics
Post by: Stupots on March 07, 2021, 09:22:32 am
I'm also betting the Audi TT Mk1 will start going up in value, especially the TT Roadster as a sporty 2 seater classic.
Title: Re: future classics
Post by: Jb55 on March 07, 2021, 10:19:46 am
People who try to buy future classics for investment have been buying up low mile mk5 r32s for a number of years now.
Title: Re: future classics
Post by: Tiff on March 07, 2021, 10:22:57 am
Hoping the Edition 30's will rise at some point as i just got a standard one yesterday as a long term investment....

Rather my money sat in something i can enjoy than numbers on a screen......
Title: Re: future classics
Post by: imprezzaworks on March 07, 2021, 11:13:31 am
I think the prices will go up a touch in thr coming years. Take a while if at all to get to a classic status imo
Title: Re: future classics
Post by: colesey on March 07, 2021, 02:08:50 pm
The top prices on mk5 R32 are already way beyond those of the best GTi versions and I would expect that trend to continue.  Other than that, the premiums for low mileage / best condition examples of all models will increase as they become scarcer. That said, they are all just Golfs rather than GT Porsches and will never be worth terribly much so best just enjoy driving them.
Title: Re: future classics
Post by: LC5F on March 08, 2021, 11:56:03 am
That said, they are all just Golfs rather than GT Porsches and will never be worth terribly much so best just enjoy driving them.

Agree, but over Porsches, Golfs have wider market appeal as attainable, plus there is greater potential of the sentiment of reclaiming a first car.
I suppose it's all relative, 10 years ago tidy Mk1 Gti's were a couple of grand, but now they are up to £40k.


Title: Re: future classics
Post by: colesey on March 08, 2021, 03:51:01 pm
Here’s a real life VW classic story.  As a kid, a neighbour of ours had a beetle. It was his pride and joy and he literally polished the paint off it, needing a full respray. Anyhow, he died almost 40 years ago and that car has sat in the garage ever since. His daughter gives it a spin every now and then but kept onto it thinking it would one day become valuable. What’s it worth now, £10k?!?

Basically a car needs to be rare, memorable or otherwise special to become valuable. Mk1 GTi ticks at least one box because it was the creator of the hot hatch genre and is now getting on a fair bit too, which limits the number of good examples. VR6s have that engine though I might personally prefer the Corrado version. Otherwise there’s quite a resurgence in values of 80s faves like R5 GT / 205 GTi but I don’t personally think Mk5’s will ever truly get there, not least of all with imminent decarbonisation getting in the way.

That said, I’ve been wrong before and sold my 964rs and e30 M3 long before they went to the moon price-wise...
Title: Re: future classics
Post by: Dave J on March 08, 2021, 08:44:39 pm
Strange isn't it - there will always be those cars that become classics as people start to relive their youth. I remember a couple of the 'cool' cars that were in our street when I was at school - an RS turbo and a VW Corrado (which was stolen but later recovered, which was quite a shock back in the day as there was never any trouble in the neighbourhood!).

A good family friend of my grandparents had a E30 BMW 325i Sport when I was young - beautiful car. Bet that is worth a bit if it is still around now.

My mum had a BMW 320 E21 for decades - I see these have started to become a bit collectable. Can't believe they sold it for £50. I was away at Uni the time but I would have bought it, just had nowhere to work on it...

I see Modern Classics have already featured an Edition 30 - I think the special edition of the ED30 / Pirelli slows the depreciation, but I think it will be a while before they go up in value as they are mass manufactured at the end of the day...
Title: Re: future classics
Post by: LC5F on March 08, 2021, 11:08:49 pm
Actually - forgot about some tales I have come across of cars being stored for future profit:

Mk4 Gti Anniversary that has delivery miles - regularly serviced - apparently trailered to the occasional show

Mk3 VR6 - brand new, just off the low loader, stolen from a dealer in the West of Scotland, thief hid the Golf in a shipping container and buried the container somewhere in the countryside.
The saying that crime doesn't pay came true - the thief had an early demise a few years later and no one knows where the container is hidden.
Title: Re: future classics
Post by: Eighteen88 on March 09, 2021, 08:11:07 am
I always find myself browsing at cars came across this thing of beauty the other day, would love to have coin & storage space for this.

https://www.rosespecialistcars.co.uk/car/2008-volkswagen-golf-gti-edition-30/
Title: Re: future classics
Post by: Jons1001 on March 09, 2021, 08:28:01 am
On the subject of low mileage examples, look up this reg no on the mot checker OY58 RXM. It's a Candy white standard mk5. Crazy miles!
Title: Re: future classics
Post by: Eighteen88 on March 09, 2021, 08:48:32 am
On the subject of low mileage examples, look up this reg no on the mot checker OY58 RXM. It's a Candy white standard mk5. Crazy miles!

Geez i do more in 6 months than that’s done in its entire history!
Title: Re: future classics
Post by: colesey on March 09, 2021, 05:01:26 pm
On the subject of low mileage examples, look up this reg no on the mot checker OY58 RXM. It's a Candy white standard mk5. Crazy miles!

Most of that will be to the garage and back!  Obviously hadn't heard of SORN...
Title: Re: future classics
Post by: Stupots on March 09, 2021, 06:34:57 pm
That car is SORN, i think you're allowed to drive it to the MOT centre if you have an MOT booked. You do have to have insurance in place too though.
Title: Re: future classics
Post by: GVK on March 09, 2021, 07:35:01 pm
I always find myself browsing at cars came across this thing of beauty the other day, would love to have coin & storage space for this.

https://www.rosespecialistcars.co.uk/car/2008-volkswagen-golf-gti-edition-30/

Bought mine from Jack and his Dad at Rose. Really decent guys.
Title: Re: future classics
Post by: Eighteen88 on March 09, 2021, 08:11:29 pm
I always find myself browsing at cars came across this thing of beauty the other day, would love to have coin & storage space for this.

https://www.rosespecialistcars.co.uk/car/2008-volkswagen-golf-gti-edition-30/

Bought mine from Jack and his Dad at Rose. Really decent guys.

Aye I bought mine from them also, couldn’t have been more helpful would highly recommend them!
Title: Re: future classics
Post by: GVK on March 09, 2021, 08:16:06 pm
Was just trying to remember his Dad's name - was 3 years ago when I got mine, think it was Terry?
Title: Re: future classics
Post by: Eighteen88 on March 09, 2021, 09:45:11 pm
Was just trying to remember his Dad's name - was 3 years ago when I got mine, think it was Terry?

Yeah that’s his name, me and my mate flew down from Edinburgh he picked us up a Stansted bought us breakfast before heading to their premises to buy my car, top notch customer service!
Title: Re: future classics
Post by: GVK on March 09, 2021, 10:36:19 pm
Can't argue with that mate.