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Golf depreciation valuation

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  • #16
    Originally posted by jy01752684 View Post
    I understand that noone can predict. And I didn't ask that right? I only want to ask about other members' past experience with second hand cars, which is still the best estimator.
    Asking on a Golf VI forum about the resale of a car that has only been on the market for < 12 months is not the best estimator at all, the Mark VI is different to the Mark V, plus the market has been up and down of late and the Mark VII will be due out soon which is a major replacement and not just a minor upgrade like the V to the VI.

    If the car you pick turns out to be a lemon your resale will suffer and there are heaps of other factors that can play into the resale as well. If you like the car buy it otherwise get something cheap like a Corolla which will have consistent resale but is boring to drive and bland to own.
    website: www.my-gti.com

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    • #17
      a Golf is about as good as it gets with regards to a car holding its value; I traded my wifes MKV and got about 63% on a basic Auto Comfortline that was 3 years and 7 months old, thats a fantastic result, I could have got more on a private sale but I couldnt be bothered

      buy something used if you worried about depreciation; check out the depreciation on a Commodore, I know someone who just bought a late 2007 commodore Omega with 60,000km's on the clock for $15,000, thats almost 60% depreciation in under 3 years....
      1990 MK2 GTI
      2009 MY10 Tiguan 147
      2010 MK6 GTI

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      • #18
        Originally posted by ozvino View Post
        a Golf is about as good as it gets with regards to a car holding its value; I traded my wifes MKV and got about 63% on a basic Auto Comfortline that was 3 years and 7 months old, thats a fantastic result, I could have got more on a private sale but I couldnt be bothered

        buy something used if you worried about depreciation; check out the depreciation on a Commodore, I know someone who just bought a late 2007 commodore Omega with 60,000km's on the clock for $15,000, thats almost 60% depreciation in under 3 years....
        Thank you for your info. Do you mind telling us how many kms was on the ODO when you sold it? I am not obsessive with these detail numbers, just try to get a better idea. I always 'knew' that golf keeps good value when compared to most other cars, that's why I didn't do a detailed research before I put down the deposit. It's a bad habit of making assumptions here..

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