Where would you go next...

NewApproach · 13-11-2018 01:30PM

"Equity" in a depreciating asset - those marketing men really rule the roost!

Marcusm · 13-11-2018 02:35PM

MetzgerMeister wrote: »

The Arteon with the R engine would be a great car.

THere's a 280bhp Superb with AWD isn't there? That's probably as close as you're going to get.

MetzgerMeister · 13-11-2018 04:07PM

Marcusm wrote: »

THere's a 280bhp Superb with AWD isn't there? That's probably as close as you're going to get.

There is indeed. mloc here has one and it's a lovely looking motor.

mickdw · 13-11-2018 05:19PM

NewApproach wrote: »

"Equity" in a depreciating asset - those marketing men really rule the roost!

Well what do you call it when you have a deal signed to pay all outstanding money for a car at 36 months and the car at that day is worth maybe 140 percent of the payment due?

Mickiemcfist · 13-11-2018 06:45PM

MetzgerMeister wrote: »

There is indeed. Someone here has one and it's a lovely looking motor.

I saw a lime green/yellowy one on Pembroke street in Dublin recently, gorgeous looking car with serious presence.

NewApproach · 15-11-2018 01:22AM

mickdw wrote: »

Well what do you call it when you have a deal signed to pay all outstanding money for a car at 36 months and the car at that day is worth maybe 140 percent of the payment due?

More the concept of building up equity

mickdw · 15-11-2018 01:52AM

NewApproach wrote: »

More the concept of building up equity

To be fair, with the likes of vw, it works well as a financing method, with reasonably predictable retained value at 36 months. The manufacturer set it up to ensure that the customer has paid more than the depreciation to ensure as a business they don't lose out if someone returns the car. The customer having over paid the depreciation for the 36 month period typically ends up with some value to go forward.
I will agree that the entire setup is a marketing dream with customers having to engage at end of 3 years etc.

MarkN · 19-11-2018 06:51AM

Civic Type R

drunkmonkey · 19-11-2018 09:46AM

Did they put a 3rd seat belt in the back yet? Any funny looks from the boys in blue, I'd say they'd be all over it with the giant spoiler, still looks like you had more fun in the Hyundai.

ravendude · 10-12-2018 12:21AM

Considering a Volvo V60, spec would be Momentum, D4 180bhp engine and some options bringing price to 47 or 48k. Options seem to really add up for Volvo unfortunately. The interior on the v60 is really nice though. PCP IS 1.9% but comes out dearer than the Arteon below due to good trade in against the Arteon.

The other contender is an Arteon R LINE also around the 48k price range, engine would probably be 150ps diesel. VW have 1.9 pcp and 1500 off from the get go, trading in a Passat as well so they are giving a nice trade in. Down side is I already drive a current gen Passat 150ps and while I like it, would love the volvo interior for a change, Arteon is just a loaded Passat inside, though I really like the interior. Other bummer about the Arteon Is a 16 week wait apparently. Probably 10 to 12 wks on the Volvo. Space on the Arteon is great, though volvo isn't too bad either. A lot more toys in the Arteon for the money.

No idea how residuals would compare.on the two. Which would you go for?

mickdw · 10-12-2018 12:29AM

ravendude wrote: »

Considering a Volvo V60, spec would be Momentum, D4 180bhp engine and some options bringing price to 47 or 48k. Options seem to really add up for Volvo unfortunately. The interior on the v60 is really nice though. PCP IS 1.9% but comes out dearer than the Arteon below due to good trade in against the Arteon.

The other contender is an Arteon R LINE also around the 48k price range, engine would probably be 150ps diesel. VW have 1.9 pcp and 1500 off from the get go, trading in a Passat as well so they are giving a nice trade in. Down side is I already drive a current gen Passat 150ps and while I like it, would love the volvo interior for a change, Arteon is just a loaded Passat inside, though I really like the interior. Other bummer about the Arteon Is a 16 week wait apparently. Probably 10 to 12 wks on the Volvo. Space on the Arteon is great, though volvo isn't too bad either. A lot more toys in the Arteon for the money.

No idea how residuals would compare.on the two. Which would you go for?

Id go Arteon but not a 150 bhp.

ravendude · 10-12-2018 12:34AM

mickdw wrote: »

Id go Arteon but not a 150 bhp.

I'd have to stick with the 150 bhp unfortunately as it's at the top of budget, other option would be 150bhp petrol but with DSG, - think diesel would be better at the150 though due to more torque.

Spark Plug · 10-12-2018 09:17AM

ravendude wrote: »

I'd have to stick with the 150 bhp unfortunately as it's at the top of budget, other option would be 150bhp petrol but with DSG, - think diesel would be better at the150 though due to more torque.

You should also look at the A5 sport back in SE spec would have a better residual vs the Arteon and also Audi are selling autos for the same price as manuals due to shortage of stock due to new emission rules

drunkmonkey · 10-12-2018 10:38AM

The interior is really nice but the sat nav isn't fit for purpose. It's one of the worst I've ever used it has no idea where it's going.

ravendude · 10-12-2018 11:03AM

Spark Plug wrote: »

You should also look at the A5 sport back in SE spec would have a better residual vs the Arteon and also Audi are selling autos for the same price as manuals due to shortage of stock due to new emission rules

That would probably be my first choice, but have 3 kids just recently so needs to have a decent bit of space in the back. Love the a5 but the middle seat is just a little tight being realistic

drunkmonkey · 10-12-2018 11:20AM

Have you to have 3 baby seats...space without spending a fortune it's probably worth going looking at a Peugeot 5008.

ravendude · 10-12-2018 11:22AM

drunkmonkey wrote: »

Have you to have 3 baby seats...space without spending a fortune it's probably worth going looking at a Peugeot 5008.

No need for 3 baby seats, 2 of them are well past that now, and nearly out of boosters even, but a spacious backseat is a big plus for sure. Arteon to be fair is like a limo in the back, even bigger than the passat

carsfan2 · 10-12-2018 11:37AM

Do you have to go new car and pcp?
May get better value on a demo or pre reg.

ravendude · 10-12-2018 11:49AM

carsfan2 wrote: »

Do you have to go new car and pcp?
May get better value on a demo or pre reg.

No, def not tied to pcp.

The other option im toying with is bringing a 181 bmw 520d touring over from the UK in the new year. This would actually be my perfect car, and should clear it for 37k euro I reckon even with vrt. I'd have to sell my passat though (highline estate, 65k km, as new condition) in the new year privately and clear 15k to make it happen, not sure how realistic that would be though, that would be the main problem.

carsfan2 · 10-12-2018 04:48PM

I think the arteon option would probably lose a lot in depreciation over next few years. More than the Volvo.
The 5 series touring sounds like a good option. I have one and find it a brilliant all rounder.
Northern Bmw dealers will possibly take your car and sell it in the trade down here if you can do a deal on a car from them. A Passat estate should be sellable in the trade but you will not get anything like what a VW dealer trying to sell you a new car will say he’s giving you for it. However you would be better in the long run as a one year old 5 series has already depreciated a good bit.

Casati · 10-12-2018 07:54PM

carsfan2 wrote: »

I think the arteon option would probably lose a lot in depreciation over next few years. More than the Volvo.
The 5 series touring sounds like a good option. I have one and find it a brilliant all rounder.
Northern Bmw dealers will possibly take your car and sell it in the trade down here if you can do a deal on a car from them. A Passat estate should be sellable in the trade but you will not get anything like what a VW dealer trying to sell you a new car will say he’s giving you for it. However you would be better in the long run as a one year old 5 series has already depreciated a good bit.

What year is the current Passat? Don’t be afraid to try selling it privately and see how you get on, just price it 2/3k below the cheapest VW dealer for a similar car

ravendude · 10-12-2018 09:29PM

Casati wrote: »

What year is the current Passat? Don’t be afraid to try selling it privately and see how you get on, just price it 2/3k below the cheapest VW dealer for a similar car

It's 151, estate high line, current generation, 65000km

ravendude · 12-12-2018 09:24AM

mickdw wrote: »

Id go Arteon but not a 150 bhp.

Leaning towards a 190bhp Arteon now, the petrol would have been perfect but doesn't seem to be listed anymore :mad: so tdi would be the only option unfortunately, in 190. The 1.5 150bhp petrol is probably a bit lacking for this kind of car.

Looking at 1 year old arteons on carzone they seem to be still priced pretty strong. Taking discounts etc on original purchase price I don't think they depreciate too badly at all, certainly not compared to bmw or volvo.

mickdw · 12-12-2018 11:44AM

There is a 190 petrol nearly new on Carzone at a dealer.

carsfan2 · 12-12-2018 12:54PM

What VW dealers look for for one year old arteons is no indication of what they would offer you as a trade in if you had one.
However if you’re going pcp as you are leaning towards then you’ll probably be ok especially if you go Volkswagen again.
I saw on the pcp thread you seem to be keen to go this road to future proof from diesel residual problems. I personally wouldn’t worry about diesel over next few years in Ireland.
I think the arteon is overpriced though and 50k will get you in a merc e class or 5 Bmw or Audi A6.
The Bmw and Audi are both on 2.9% apr on pcp and residually I think will do better than the arteon, the Audi especially.

ravendude · 12-12-2018 01:27PM

carsfan2 wrote: »

What VW dealers look for for one year old arteons is no indication of what they would offer you as a trade in if you had one.
However if you’re going pcp as you are leaning towards then you’ll probably be ok especially if you go Volkswagen again.
I saw on the pcp thread you seem to be keen to go this road to future proof from diesel residual problems. I personally wouldn’t worry about diesel over next few years in Ireland.
I think the arteon is overpriced though and 50k will get you in a merc e class or 5 Bmw or Audi A6.
The Bmw and Audi are both on 2.9% apr on pcp and residually I think will do better than the arteon, the Audi especially.

I'm aware that dealer prices are obviously higher than trade in etc, but, they are useful to compare across brands.
Yeah, I'm not overly worried about diesel, and may well go diesel, though I don't do big mileage, but futureproofing is a side effect that pcp can give as well. Other reasons for me for pcp is to just be able to retain some cash for rainy day etc, though I know there is a cost to that.

I spoke to audi and volvo also, and they work out significantly more expensive than the Arteon when you factor in vw and dealer discount and trade in of own vw, and also that arteon spec is fully loaded . Cost of change on the arteon is much lower. Also spec wise, even a couple of options on those to get some nice things like Sun protect glass etc really drives out the cost.VW is 1.9% also Apr. You add up all this and there is at least 10k of a difference. For an s-line trim A6 with options you are well into a 60k+ list price, an A4 avant would be a closer comparison and even that also works out quite a bit dearer particularly if you go with a decent engine with some pep, a comparable 190bhp engine would cost a lot more than on the Arteon. 520d starts at 52k for basic SE spec, and again that goes up fast with a couple of options like folding mirrors etc. Yeah, i know you are in the same ball park but when you add everything up things change

carsfan2 · 12-12-2018 02:44PM

Fair enough. I was just comparing bare spec Audi, BMW etc versus a fully loaded arteon.
As you say though with vw offers and discounts the cost of ownership of the arteon would be lower.
It’s a guessing game to know residual values in three years of anything now.

MarkN · 12-12-2018 03:00PM

I do really like the Arteon but like everyone has said, they're very expensive. I asked about one on PCP during the summer and the GFV wasn't great on them - did you get a decent price on the GFV? I wouldn't have thought it would differ from dealer to dealer as surely VW bank value the car roughly the same (in an R-Line trim etc).

Love the idea of a petrol one with 190bhp - I notice there's two in Frank Keane.

ravendude · 12-12-2018 03:05PM

MarkN wrote: »

I do really like the Arteon but like everyone has said, they're very expensive. I asked about one on PCP during the summer and the GFV wasn't great on them - did you get a decent price on the GFV? I wouldn't have thought it would differ from dealer to dealer as surely VW bank value the car roughly the same (in an R-Line trim etc).

In terms of not great GFV, - you mean the GFV was not low enough? Lower is better if I'm not mistaken.

The one I was quoted was about 38% of list price after 3 years, - so that seems good/reasonable to me, and much the same as audi, maybe slightly lower/better.

Again, although its not a cheap car, - when you add everything up it is def substantially cheaper than Audi, BMW, Volvo IMO.

mickdw · 12-12-2018 04:20PM

Different people like different gfv.
To keep payments low and take your chances at end of term, you want high gfv.
To ensure you will have deposit next time round, and have a realistic kind of pricing, you should be looking at low gfv.
A low gfv offered versus the competition might suggest that the finance house have not great faith in the resale.
Vw deals in general seem to be producing near 20 percent deposit at end of term when all contributions etc are thrown in so they h ave it about right I feel.
If you wanted to lower the gfv so that less is owed at end, you could take out a higher mileage allowance on your Pcp.
All they do is lower the gfv in that case making payments higher and less owed at end to account for the higher mileage car. Saying that, you would be better going with standard gfv and saving a few quid per month giving you some options in the end.

Where would you go next...

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