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Hi guys,
Also posted this in the golf mk7 forum, had to have a balanced view!
Long time lurker here, current owner of 3 door MKV GTI which must be sold due to impending arrival of baby. I need some help with the purchase decision, I keep going around in circles.
Here's the summary:
we've decided 3 doors is not practical with a baby
Golf body shape might be a bit tight with pram and all other baby paraphernalia. Manageable day to day, but trips would be a squeeze and may necessitate the purchase of roof pod. On the other hand, we live in the city and there's a lot more parking spaces that'll fit a Golf than will fit a Octavia or Golf R wagon - but we do have a garage, so parking daily is not much of an issue.
Therefore, on balance, we think a smallish wagon is the more practical body shape for us, but haven't discounted another (5 door) Golf.
The options:
1. Skoda Octavia RS wagon with all the fruit will cost around $45k. If I partly finance through Skoda, I'll get extended warranty to 5 years. Ticks all boxes for practicality, sporty enough, drives great (like a GTI with a big bum, funnily enough). Not an object of desire, but not a bad looking wagon at all. Terrible lack of exhaust note though, so would likely upgrade that.
However, the issue is that all indications are that I'll get pumped on depreciation if I need to sell in 3 years or so. As an indication, Skoda's own guaranteed minimum future value after 3 years is 29% of the purchase price - around $13,000!! Not exactly confidence-inspiring. Down $32k.
2. Golf R Wolfsburg Wagon with sunroof for around $65k. What's to be said? It's a weapon of a car. But it essentially does the same job, just faster and more prestigiously. $20k more is a huge amount of money, but if I choose to sell in 3 or so years, VW guarantee 40% minimum value. Down $39k.
I guess the sensible answer is either a) don't buy new or b) hold on to it for more than 3 years. But if faced with these two options, what would you choose? If the guaranteed future values are anything to go by, there's only $7k in it. But I get a sense the Skoda will hold up better than previous models, such is the popularity of the new Octavia RS.
Then there's always the option of squeezing our new family into a GTI PP with leather/sunroof for $49k or an R hatch with leather / sunroof for $55k. Not as practical and we may grow out of it, but can be done.
What do you think and why?
thanks!
Also posted this in the golf mk7 forum, had to have a balanced view!
Long time lurker here, current owner of 3 door MKV GTI which must be sold due to impending arrival of baby. I need some help with the purchase decision, I keep going around in circles.
Here's the summary:
we've decided 3 doors is not practical with a baby
Golf body shape might be a bit tight with pram and all other baby paraphernalia. Manageable day to day, but trips would be a squeeze and may necessitate the purchase of roof pod. On the other hand, we live in the city and there's a lot more parking spaces that'll fit a Golf than will fit a Octavia or Golf R wagon - but we do have a garage, so parking daily is not much of an issue.
Therefore, on balance, we think a smallish wagon is the more practical body shape for us, but haven't discounted another (5 door) Golf.
The options:
1. Skoda Octavia RS wagon with all the fruit will cost around $45k. If I partly finance through Skoda, I'll get extended warranty to 5 years. Ticks all boxes for practicality, sporty enough, drives great (like a GTI with a big bum, funnily enough). Not an object of desire, but not a bad looking wagon at all. Terrible lack of exhaust note though, so would likely upgrade that.
However, the issue is that all indications are that I'll get pumped on depreciation if I need to sell in 3 years or so. As an indication, Skoda's own guaranteed minimum future value after 3 years is 29% of the purchase price - around $13,000!! Not exactly confidence-inspiring. Down $32k.
2. Golf R Wolfsburg Wagon with sunroof for around $65k. What's to be said? It's a weapon of a car. But it essentially does the same job, just faster and more prestigiously. $20k more is a huge amount of money, but if I choose to sell in 3 or so years, VW guarantee 40% minimum value. Down $39k.
I guess the sensible answer is either a) don't buy new or b) hold on to it for more than 3 years. But if faced with these two options, what would you choose? If the guaranteed future values are anything to go by, there's only $7k in it. But I get a sense the Skoda will hold up better than previous models, such is the popularity of the new Octavia RS.
Then there's always the option of squeezing our new family into a GTI PP with leather/sunroof for $49k or an R hatch with leather / sunroof for $55k. Not as practical and we may grow out of it, but can be done.
What do you think and why?
thanks!
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