If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed, registering will remove the in post advertisements. To start viewing messages,
select the forum that you want to visit from the selection below.
This means you should apply for your renewal now to avoid any disruptions to your membership whilst the renewal process is taking place! NOTE: If you have an auto renewing subscription this will happen automatically.
Wonderful price! Feb seems a long way away.... can’t they find a grey one arriving earlier?
Sent from my iPhone using Tapatalk
It's the sunroof I understand, extremely scarce currently in Oz and we have to wait for the ships coming from Hamburg to deliver them. I am a patient person and it might even work out that I get a post week 48 build which I understand means the new upgraded Active Info Display as per this thread:
The first shipment of cars with sunroofs are landing on the 13th Dec.....
First shipment of Wolfsburg with sunroof is due then.
I think there’s stock of standard Highline/R-line with sunroof around. But yes If you’re chasing a Wolfie then hopefully people get an earlyXmas present!
First shipment of Wolfsburg with sunroof is due then.
I think there’s stock of standard Highline/R-line with sunroof around. But yes If you’re chasing a Wolfie then hopefully people get an earlyXmas present!
Sent from my iPhone using Tapatalk
Yes there is stock of fully loaded MY19 Highlines around, we bought one 2 weeks ago, and love it.
Signed for a white wolfie pick up in a couple weeks. 59k with quite a few extras thrown in. Not sure this is the right place to ask; people doing finance with Volkswagen, is it worthwhile doing the Volkswagen future value scheme whereby your interest rate is upped a bit (.31%) in my case a year. So after 4 years i can return it to VW for about 27k? In people's opinions does that sound about right from 59k? seemed a little low to me.
Ron
Cars normally depreciate 10% every year so in 3yrs time the car would depreciated close to 25-30%, 4yrs 35-40%, 5yrs 45-50% (all depending on condition, mileage, options etc.
Black Wolfsburg 2019 with panoroof on order
Black Wolfy with Panoroof on order - Arriving mid Jan......
Ok so seems VW devalues it quite a bit. They are advising on the 59k purchase, they would value the car at 27k after 4 years. Going on 30% devaluation it looks to be around 40k. That sound right?
After 4 years it would be 40% devaluation, if it was linear. Devaluation is never linear though, it depreciates the most the first year, then less. In addition, VW would want to be able to resell the car and would calculate in their cost / profit when reselling it.
A four year old Tiguan 155TSI R Line (as a proxy for today's vehicles) makes a 38% trade residual. Applying that to the $59k, which is wrong as this includes all the on roads, spits out a $22-23k figure. It would be even less based on the vehicle cost.
As to whether it is worthwhile it depends on what your plans are for the vehicle, and what the lease has been priced at in the first place.
The ATO has an old ruling that sets the minimum lease residuals that are permitted and are used by most lease companies for business finance.
--- FS: 2016 Golf GTI 40 years, white, DSG, 18,xxxkm ------------------------------------------------------------------- 2019 Audi SQ5 | 2016 Golf GTI CS + OZ UL HLTs | Retired: 2018 Audi RS3 sportback + OZ Leggera HLTs
2017 Golf R Wolfsburg Sportwagen | 2016 BMW 340i + M-Performance tune/exhaust | 2015 Audi S3 sedan
2014 Golf GTI + OZ Leggera HLTs | 2012 Polo 77TSI (hers) | 2010 Golf GTI Stage 2 + OZ ST LMs
I’m pretty sure for us car owners we don’t want trade prices as they are designed to be low to favour the dealers.
Would rather take into account market value which is true value of a car.
—————————————————————-
Black Wolfsburg with panoroof arriving Jan 2019
Black Wolfy with Panoroof on order - Arriving mid Jan......
You're usually welcome to go and sell it for more, it's merely a guaranteed 'hand back' price as long as you meet the relevant requirements for mileage, condition, servicing, no mods etc. and pay the usual finance premium which underwrites the 'insurance' collar VW will write on it.
Trade prices are what they are, but anyone who thinks their four year old everyday car is going to be worth much more are kidding themselves. They are a market price - the wholesale market price - so that the dealer can actually clean the car up, cover the statutory warranty, pay their overheads and stay in business.
--- FS: 2016 Golf GTI 40 years, white, DSG, 18,xxxkm ------------------------------------------------------------------- 2019 Audi SQ5 | 2016 Golf GTI CS + OZ UL HLTs | Retired: 2018 Audi RS3 sportback + OZ Leggera HLTs
2017 Golf R Wolfsburg Sportwagen | 2016 BMW 340i + M-Performance tune/exhaust | 2015 Audi S3 sedan
2014 Golf GTI + OZ Leggera HLTs | 2012 Polo 77TSI (hers) | 2010 Golf GTI Stage 2 + OZ ST LMs
You're not locked into handing it back. You can sell privately if you want. All you have to do is pay out the "agreed value" on the car.
If your car gets valued at more than the agreed value then they'll refund the difference. If it's less then the finance cops it. If you drive more km than you agreed then there's significant penalties so you need to get it right when signing up.
Comment