Mook Posted November 11, 2008 Report Share Posted November 11, 2008 I'd say it's the best time of year to buy . . . people are getting desperate Second hand, yes, but not new - even with the big discounts you can get, the value will drop like a stone over the next year. Having just sold my S4, I was going to replace it straightaway, but I'm holding off now until probably March next year, while the whole market sorts itself out. Link to comment Share on other sites More sharing options...
Calm Chris Posted November 11, 2008 Report Share Posted November 11, 2008 Mook, What significance does March next year have ? (aside from the time the Budget will be set, giving more family credits to the poor and more tax to the moderately wealthy) Link to comment Share on other sites More sharing options...
Mook Posted November 11, 2008 Report Share Posted November 11, 2008 The post xmas Jan and Feb are out of the way, people are all spent up, the market has settled down and people getting back to the normality of living in a recession. Second hand car values should, I reckon, be more stable by then, i.e. I will hopefully be able to buy a whatever and not lose £2K a month in depreciation Link to comment Share on other sites More sharing options...
Henry52 Posted November 11, 2008 Report Share Posted November 11, 2008 I thought the rise in VED didn't kick in untill March next year? Link to comment Share on other sites More sharing options...
DeanW Posted November 11, 2008 Report Share Posted November 11, 2008 Second hand, yes, but not new - even with the big discounts you can get, the value will drop like a stone over the next year.Having just sold my S4, I was going to replace it straightaway, but I'm holding off now until probably March next year, while the whole market sorts itself out. Honestly I believe you'd get a better deal now, 1000s of cars were registered but unsold in September to make it look busier than it actually was, the majority of those cars are still sat around - hence some bargains to be had! Link to comment Share on other sites More sharing options...
Mook Posted November 12, 2008 Report Share Posted November 12, 2008 I don't buy new/nrealy new cars because of the initial depreciation, despite the current "bargains" to be had. I'd rather buy a 3 year old car that's been properly looked after, under 30K miles and someone else has taken the hit on depreciation. Given there's 08 M3s out there now for £45K, wait another 18 months and they'll be down to £25K or less. That aside, I've still got no bloody idea what to get next - hatch or estate Link to comment Share on other sites More sharing options...
Fergy Posted November 13, 2008 Report Share Posted November 13, 2008 Red is quite rare, only ever seen one. Only one Ive seen is in the Whitley Bay area Link to comment Share on other sites More sharing options...
bigface Posted November 14, 2008 Report Share Posted November 14, 2008 I called into the vw garage i bought my r from today to take a nosey about, so i asked the sales man what he thought my motor was worth an he said £12k! the car is 34k miles and is 22months old. Four months ago a BMW garage would have given me £18k for it in a trade in starting to think i should have changed then!! Link to comment Share on other sites More sharing options...
Mook Posted November 14, 2008 Report Share Posted November 14, 2008 But surely your shiny BMW would have dropped a shed load of value by now as well. I reckon people who normally change their car every 12 or 18 months will be keeping hold of them, unless they like throwing money down the sh*tter! Link to comment Share on other sites More sharing options...
CJ92 Posted November 14, 2008 Report Share Posted November 14, 2008 Honestly I believe you'd get a better deal now, 1000s of cars were registered but unsold in September to make it look busier than it actually was, the majority of those cars are still sat around - hence some bargains to be had!I totally agree!If you are sat on the fence waiting to buy and have no px then this is the time to go for it.I always look to buy in nov,dec you can really turn the screw in your favour.Even more so given the current market.Had a cracking deal on my ED30 last dec.. Link to comment Share on other sites More sharing options...
misterc Posted November 21, 2008 Report Share Posted November 21, 2008 My word, there are some cracking deals on the new R32 out there. Very tempting if you are in the market for one. Link to comment Share on other sites More sharing options...
CJ92 Posted November 21, 2008 Report Share Posted November 21, 2008 My word, there are some cracking deals on the new R32 out there. Very tempting if you are in the market for one......Indeed there is!Are you tempted.. Link to comment Share on other sites More sharing options...
Cuprabob Posted November 21, 2008 Report Share Posted November 21, 2008 My word, there are some cracking deals on the new R32 out there. Very tempting if you are in the market for one. Cheers for reminding me Link to comment Share on other sites More sharing options...
doppx006 Posted November 25, 2008 Report Share Posted November 25, 2008 Just joined your forum as I was getting bored with the US VW forums I am on. I am surprised to hear that R32's are depreciating so much in the UK as well. The MkIV's were voted the best car in regards of resale in the US. A clean MkIV with around 22,000 miles will still sell for over $20k, which is good considering they sold for $28k brand new in 2004. You can get a brand new R32 here for $30k, pretty good considering the list price is $36k. Thankfully there are not many new ones left at our dealerships and once the remaining few are sold our prices should rise back up. So we hope… Link to comment Share on other sites More sharing options...
Craigieboy Posted December 15, 2008 Report Share Posted December 15, 2008 I've just been offered £12k for my 04 Mkiv. Just over 24.5k on the clock, haldex, milltek, short shift, anti roll bars, sat nav, full leather. Do you think I'm insane for wanting to hold out for closer to £13k for it? Link to comment Share on other sites More sharing options...
Oatz Posted December 15, 2008 Report Share Posted December 15, 2008 Is that cash (real offer) or part ex (smoke screen offer)? If cash bite their arm off! Link to comment Share on other sites More sharing options...
billy2shots Posted December 15, 2008 Report Share Posted December 15, 2008 As above, if its a cash offer i would take it in a heartbeat. Anything over 10k would be great. As Oatz also states if its a trade in then you will just be paying more for the new car than you could have done if you were paying in cash. Link to comment Share on other sites More sharing options...
Craigieboy Posted December 15, 2008 Report Share Posted December 15, 2008 Cheers guys. Yeah its a cash offer, had been hoping for a bit more, but I know that mod's count for nothing nowadays and even the delay on the tax increase doesn't seem to have helped boost the thirsty beasts resale value. Be a few tears to see her go after four years though. Link to comment Share on other sites More sharing options...
JonC Posted December 16, 2008 Report Share Posted December 16, 2008 What will you be buying, Craigeyboy? Link to comment Share on other sites More sharing options...
Oatz Posted December 16, 2008 Report Share Posted December 16, 2008 (edited) I've just been offered £12k for my 04 Mkiv. Just over 24.5k on the clock, haldex, milltek, short shift, anti roll bars, sat nav, full leather.Do you think I'm insane for wanting to hold out for closer to £13k for it? Don't ask any questions, simply grab the cash (assuming it's real) and run mate! This offer surely can't be from a dealer?? Volkswagen Golf R32 3.2 Petrol 3-door Hatchback 6 Speed Manual Four Wheel Drive Year: 2004 04 Mileage: 25,000 Part-exchange Price: Excellent condition: £9870 Average condition: £8880 Below average condition: £7950 Edited December 16, 2008 by Oatz Link to comment Share on other sites More sharing options...
Craigieboy Posted December 16, 2008 Report Share Posted December 16, 2008 Private sale, if it goes ahead. As for my new toy, well I started a valeting franchise two years ago, so my new toy will continue to be my White Vito, oh god how depressing is that compared to the V6 burble! Funds from selling the car will pay off all my credit cards and allow me to go to Canada and do my Snowboard instructor course, then its off to Nz for me(in a few years) Link to comment Share on other sites More sharing options...
Argus Posted December 16, 2008 Report Share Posted December 16, 2008 I p/x'd my Feb 06 55 reg DBP Manual with leather with 16,000 miles on the clock, in March of this year, just before all this petrol crisis and green tax malarky...and got £18,500 PX against a 9 month old BMW 330d M Sport...Have to say I do miss the R32 for its exclusiveness..but the BMW is almost as exciting,with build quality second to none Link to comment Share on other sites More sharing options...
JonC Posted December 16, 2008 Report Share Posted December 16, 2008 I p/x'd my Feb 06 55 reg DBP Manual with leather with 16,000 miles on the clock, in March of this year, just before all this petrol crisis and green tax malarky...and got £18,500 PX against a 9 month old BMW 330d M Sport Good going, Argus. I'd hate to think what they'd offer you now... Link to comment Share on other sites More sharing options...
jamesalex Posted January 1, 2009 Report Share Posted January 1, 2009 A pal bought a 5 door dsg with leather brand new on 58 reg for just over £18k! This is through trade rates but shows what prices dealers were willing to let them go for. Theres still new ones about but tend to have sat-nav on bumping the costs up towards £20k ish. Still a big drop though. I would have thought the new year will bring about the final deals on new models.... Link to comment Share on other sites More sharing options...
JonC Posted January 1, 2009 Report Share Posted January 1, 2009 Welcome to TSN, James. You've hit the proverbial nail on the head; low spec .:R32's are very affordable at present, but the higher specc'd ones are still breaking £20k, but only just and then they are competing 1 year old with fully loaded .:R's. A lot of car for the money, that's for sure. Link to comment Share on other sites More sharing options...
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