Seeing GTI's for $8k off around here now. Alltracks for $6800 off - only the moonroof is keeping me from pulling the trigger on the Alltrack SEL 6MT.
This is a great thread. It's very helpful (up to a point) for those who are considering buying a new V-Dub. That said, let's not overlook the fact that there is no free lunch here: The reason that Volkswagen GTIs are being discounted $5k, $6k or more is because the dealers can't sell them otherwise. That, folks, is not a good thing.
Let me make my point this way: I, too, bought a V-Dub GTI at a significant discount in 2017 -- $5k off the $30k MSRP for a 2017 Sport. I owned it for a year and a half, thoroughly enjoyed owning it, and only sold it because I thought there was a good possibility that VoA would import the TCR, and I wanted one. (I didn't pull that idea out of my rump: VW AG's head of production stated repeatedly the TCR would be sold "worldwide, including in the United States." It was VoA that failed to follow through on that possibility -- Audi blocked the idea.)
My GTI was flawless: 3k miles on the odometer and you could have eaten off the underside. A real "hanger queen" (if you understand what that is). That's when the reality of my initial $5k discount came home to roost. By discounting cars to beat the band, VoA is essentially telling buyers that its cars are undesirable, reinforcing the idea that they are also unreliable. Still, I was lucky. I found a out-of-state buyer who believed what he was seeing (in pics) and reading here, and I sold my GTI in a week. But I had to give up another $5k (from the MSRP) to do it. And I saw recently that my buyer is now trying to sell "our" car, and he's offered it for another $4k off -- $17k. It hasn't sold in three months. If you do the math, you quickly realize an excellent, low-mileage GTI Sport has lost essentially $13k from the MSRP ($9k two owners have lost to depreciation) in just over two years, and the car still hasn't sold. IMHO, it will probably take at least another $2k off his asking price to sell it.
What's my point? Simply that there's no free lunch in buying a VW GTI discounted five or six thousand dollars. That's only the beginning. These cars depreciate like a stone, year after year. That's not an issue if you really want to own a Volkswagen GTI despite the expense. Otherwise, it's a bitch. Just so you know.
To add to what RennWerks is saying, these cars aren't worth $35K. Even at $8K off MSRP, you are paying full price for that car.
I understand that you get a lot more car these days with all the new technology and safety features, but wasn't this new MQB platform setup supposed to save VW a lot of $ in production costs? How come those savings aren't being passed on to the consumer?
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Just because America doesn't like hatches and small cars and majority of people are buying SUVs and trucks doesn't mean gti isn't a great car and a great value.
Golf 7 is in its last year of production - naturally demand is lower and will pick up for gen 8 model.
I got 8k off my 2019 with people's 6 year warranty and loving it.
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Last edited by amdmaxx; 02-22-2020 at 09:55 AM.
GTI's depreciate VERY badly, not sure what planet that's not true on. But here on earth, it's ugly.
And KBB's numbers are a joke, have been for ages. For example, it puts the value of my Z4MC at $24-$27k. I could sell it within 72 hours at $34k, probably with multiple offers. At $30k I'd have a dozen offers and 3 guys ready to jump on a plane with a cashier's check immediately. Their numbers are garbage.
'19 Golf R 6MT
'08 Z4 M Coupé
Everyone has an opinion and that’s perfectly fine but I’m not letting yours go unchallenged.
Where I live on planet earth KBB is spot on. Moreover GTIs and Rs hold their value here very well. Maybe you’d need to move here to find out.
I will wager no one on this forum has bought or sold more cars in the past 5 years than me. I’ve got the records to show that.
Your example though trying to prove your KBB bias actually shows VWs are worth more. Unless you are trying to say only Z4 prices are way undervalued there. Can’t have it both ways.
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Got my car last month. Wanted to post here as this thread has been helpful to me.
2019 GTI Autobahn White 6speed
MSRP - $37525 Monster Mat kit, VW Care, luggage mat, roadside kit and $895 destination
Paid $31,844 before tax and DMV fees
I think I got an ok price. Im usually better at negotiating.. but this was the last white 2019 in the LA metro area. If I wanted the silver-white I could have probably received another $2k off as there were several dealers with the car on the lot in that color. The autobahn trim is nose bleed territory, not a great deal even with big $ of the MSRP. But the extras in the trim I really wanted. Thought about waiting for the 2020 model year but those may not be in California till June/July. Previous daily driver was an 2005 MR2 Spyder. But have been commuting long distances with a 2008 BMW 328i (now for sale)
LOVE the car! Exceeding my expectations. The steering feed is a pleasant surprise in this day of awful electric steering cars. Love the attention to detail and the solid feel of the car. You can tell it has been refined generation to generation. The infotainment system together with the mini LCD between the gauges is very useful and full of featured, very luxury car like ton of features. Very smart design and user friendly with a lot of customization options.
Disklikes are the all-season tires, need to sell them soon and get proper summer tires. Also don't like that the infotainment screen is too low in the dash. Makes you take your eyes of the road, and VW keeps placing it in that spot on newer models.. crazy. I think Mazda has placement best, in regards to driver safety.
Considered the Type R, but I like lighter cars. better MPG with the GTI, and I don't like 4wheel drive cars in general. Also if I would rather save the extra $ and get a convertible like the new MX5 in a few years. Other cars considered, Fiat Abarth 500, Audi S3 (used), Alfa Giullia (used), Mini Cooper JCW but the GTI was better all around and I couldn't let go of owning a 6speed.
'19 Golf R 6MT
'08 Z4 M Coupé
Last edited by EPilot; 03-27-2020 at 02:03 PM.