How did PCP work out in the end?

carsfan2

L-M wrote: »

Pan roof would definitely add a few bob to your equity next time around, that’s for sure. Because very few other Golfs will have one.

Not sure what you mean about 2k above GMFV. Some 171 Golfs are coming back at 10k GMFV and being allowed 17-18k on trade in.

Sounds like you’re in Dublin and be robbed if you’re being offered 14k

Dublin dealers give worse trade ins?

mickdw

sk8board wrote: »

The 2 options we priced on Thursday at vw were different alloys and the pano sunroof. It was about €75-100 extra pm for them and no change to the min value, which is pretty high. He said the generic offer on a well looked after golf was €2k above gmv irrespective of extras and we could expect to get none of the money spent on extras back

edit: important to add that this happens because all the pcp golfs are higher spec Highline and rLine’s, so the few remaining missing extras won’t make much diff to the resale value

2k above gfmv really is a piss take as if you think about it, if you were to hand the car back and walk away, you would get 2k discount for straight buy on a new car so 2k for your trade in is effectively zero.
If that 2k also includes any vw contributions, you would be getting less than zero equity.

bazz26

mickdw wrote: »

2k above gfmv really is a piss take as if you think about it, if you were to hand the car back and walk away, you would get 2k discount for straight buy on a new car so 2k for your trade in is effectively zero.
If that 2k also includes any vw contributions, you would be getting less than zero equity.

I wonder was the dealer trying to discourage the OP from making a factory order rather than a car already in stock or in the country?

Actually I thought production of the Mk7.5 had finished now and the production line tooling has been switched over to the Mk8?

mickdw

Very possibly. Sure they always want to pawn a car out of stock on everyone.

L-M

mickdw wrote: »

Very possibly. Sure they always want to pawn a car out of stock on everyone.

That’s not really true, obviously it’s easier to sell from stock but sometimes the car can’t be ordered due to stock levels or there’s ridiculous lead time’s on ordering same.

For example, to order a Polo from factory takes the bones of 30 weeks from start to finish.

micks_address

mickdw wrote: »

2k above gfmv really is a piss take as if you think about it, if you were to hand the car back and walk away, you would get 2k discount for straight buy on a new car so 2k for your trade in is effectively zero.
If that 2k also includes any vw contributions, you would be getting less than zero equity.

I was getting similar figures from vw and Skoda dealers in Dublin bar one .headed to drogehda and got a better deal in the finish

sk8board

L-M wrote: »

not sure what you mean about 2k above GMFV. Some 171 Golfs are coming back at 10k GMFV and being allowed 17-18k on trade in.

Sounds like you’re in Dublin and be robbed if you’re being offered 14k

The GMV on the 171 highline was €17k, and we were given €20k as a trade in. The list price was €29k initially, so @ 0% apr we paid €11.5k off €29k and then got €20k trade in.

In addition, The new golf is a run out model 1.5tsi rline, with leather and upgraded tech pack, so it’s a decent upgrade, but is reduced in price to the 1.2tsi price, plus vw contribution of €1.5k, making it around €29k also, and the gmv will be €19k.

@ 0% financing the repayments are actually slightly less (€6), and the balloon is almost €2k more (€10.3k v €12.2k).

L-M

The GMV on a Golf RL 1.5 is 12034?

Edit sorry, I think I’ve misread.

We’re right on the baloon figure (That’s the GMF, nothing else is guaranteed).

Where are you getting the 17 from?

Donie75

Has anyone gone from a VW PCP to an Audi PCP? I have a 172 Highline Passat on 0% PCP. I've had a good few Passats so I'm tempted to for an A6 next time round. Are the Passat trade-ins looking okay for the 201 trade ins?

bazz26

Well both PCP offers would be from the same bank - VW Bank. Regarding trade-in value of your Passat, unless the Audi dealer sells VWs through a sister branch then it's likely your Passat would be sold through the trade to another dealer as an Audi dealer will not retail a non Audi car on their forecourt, so they may not offer you as much as a VW dealer would offer you against another VW. Your also jumping from a non premium brand to a premium brand so you might want to be sitting down when you get a cost to change figure from them.

hooch-85

I inquired about a change from my 151 Golf GTD to a 172 Leon Cupra the other day. I nearly had a weakness after it. I'll be keeping my diesel for a while yet i imagine.

tomwaits48

I'm 2 years into a PCP on a Tiguan Comfortline 2.0 Manual Diesel 181 - 16km on the clock, paying just under €450 a month. Trade in price offered circa €25k

For €500 deposit, VW are offering a 120 VM Tiguan, 1.5 Petrol, Automatic, Highline model, for a similar monthly amount at 0% finance. I think I'll go with it.

DaveyDave

tomwaits48 wrote: »

I'm 2 years into a PCP on a Tiguan Comfortline 2.0 Manual Diesel 181 - 16km on the clock, paying just under €450 a month. Trade in price offered circa €25k

For €500 deposit, VW are offering a 120 VM Tiguan, 1.5 Petrol, Automatic, Highline model, for a similar monthly amount at 0% finance. I think I'll go with it.

Petrol will be a smoother and nicer drive. Paired with a DSG and Highline spec I'd say it will be a lovely car.

ShadowHearth

hooch-85 wrote: »

I inquired about a change from my 151 Golf GTD to a 172 Leon Cupra the other day. I nearly had a weakness after it. I'll be keeping my diesel for a while yet i imagine.

Did you went for that 172 that does not have pics up? Did you see it in flesh?
My end of PCP is coming in 6 months and Leon Cupra is main contender, but if they will take a piss with trade in value, I will just pay off balloon and drove it for longer.

hooch-85

That's it, I just enquired over the phone. They don't have it in stock yet. Pm if you want more details.

Ionised

My 172 Cupra will be on the market in a few months once I trade it. Should have around 25k on it by then. Keep your eyes open

L-M

tomwaits48 wrote: »

I'm 2 years into a PCP on a Tiguan Comfortline 2.0 Manual Diesel 181 - 16km on the clock, paying just under €450 a month. Trade in price offered circa €25k

For €500 deposit, VW are offering a 120 VM Tiguan, 1.5 Petrol, Automatic, Highline model, for a similar monthly amount at 0% finance. I think I'll go with it.

€25000 plus the €1500 deposit contribution?

ShadowHearth

hooch-85 wrote: »

That's it, I just enquired over the phone. They don't have it in stock yet. Pm if you want more details.

They got pics up, blue estate. Looks nice.
I still can't get my head around on how much little price dropped after 3 years. Demand I guess...

A bit mad for 27k eu, when I know my local seat dealer, where I got my baby Cupra has 192 demo for 35k eu.

I presume they really low balled you on trade in.

tomwaits48

L-M wrote: »

€25000 plus the €1500 deposit contribution?

Tiguan Highline 1.5 tsi dsg

€39,200.00

Part exchange

€25,500.00

Deposit

€500.00

mickdw

Donie75 wrote: »

Has anyone gone from a VW PCP to an Audi PCP? I have a 172 Highline Passat on 0% PCP. I've had a good few Passats so I'm tempted to for an A6 next time round. Are the Passat trade-ins looking okay for the 201 trade ins?

Big big money difference between A6 and Passat. The new A6 is beautiful though.
You would probably be looking at near twice deposit and twice monthly

micks_address

tomwaits48 wrote: »

Tiguan Highline 1.5 tsi dsg

€39,200.00

Part exchange

€25,500.00

Deposit

€500.00

Must be big push on the petrol dsgs.. mine is same with tech pack.. I'm on 440 per month got 22500 trade in for my Octavia diesel dsg sportline 3 year old but had to put in 5k deposit

L-M

tomwaits48 wrote: »

Tiguan Highline 1.5 tsi dsg

€39,200.00

Part exchange

€25,500.00

Deposit

€500.00

Looks like they’re giving you over 28700 almost for your own car, those are obviously discounted back figures. Looks like a good deal

un5byh7sqpd2x0

ShadowHearth wrote: »

A bit mad for 27k eu, when I know my local seat dealer, where I got my baby Cupra has 192 demo for 35k eu.

That's "cash price" though, it's 38k with a trade in.

micks_address

L-M wrote: »

Looks like they’re giving you over 28700 almost for your own car, those are obviously discounted back figures. Looks like a good deal

I hope all us petrol Tiguan owners won't be lamenting mpg next year !

L-M

micks_address wrote: »

I hope all us petrol Tiguan owners won't be lamenting mpg next year !

Yeah, I had a 1.5 for 6 months and back in a 2.0 TDI and I can’t say I notice much of a difference. I do a real mix of driving, rarely motorway. About 15k kms done in each.

yabadabado

Is there any good online calculators available?

I have a fair idea what I'm after with cost/payments etc and just looking for a guide before I start going to dealers .

tomwaits48

L-M wrote: »

Looks like they’re giving you over 28700 almost for your own car, those are obviously discounted back figures. Looks like a good deal

Cool, it’s my third car bought from this particular sales rep so hope he is looking after me.

question about automatics though, do they hold their value?

L-M

tomwaits48 wrote: »

Cool, it’s my third car bought from this particular sales rep so hope he is looking after me.

question about automatics though, do they hold their value?

More so than manuals.

There’s a bit of a supply and demand issue at the minute with used, so they’re commanding a premium and selling very well.

Everything will go auto eventually.

Comhrá

tomwaits48 wrote: »

Cool, it’s my third car bought from this particular sales rep so hope he is looking after me.

question about automatics though, do they hold their value?

I did a deal trading my 2016 Automatic 1.4 petrol A4 recently and I was pleasantly surprised at the residuals.

micks_address

L-M wrote: »

Yeah, I had a 1.5 for 6 months and back in a 2.0 TDI and I can’t say I notice much of a difference. I do a real mix of driving, rarely motorway. About 15k kms done in each.

How did you find the petrol versus the TDI driving in general.. I'm going the other way... Imagine it will be smoother and quieter?