If the finance is with the dealership it may actually give you increased negotiation power.
But other than that, it shouldn't have any effect on your negotiations.
Will financing the vehicle have any affect on my bargaining power?
I am eligible for the corporate discount, but would hope to do a deal with at least 10% discount off of RRP.
If the finance is with the dealership it may actually give you increased negotiation power.
But other than that, it shouldn't have any effect on your negotiations.
Just done the deal...
Golf R - 5 Door (United Grey)
DSG
19" Black Talladega Alloy Wheels
ACC
RVC
Recaro sports seats
MDI
Bluetooth
Dynaudio Excite 300W
$65k driveaway, with corporate discount.
Delivery end of Feb '11
Since 2006 the Oz dollar has appreciated 16 % against the Euro. So while the rrp for a base 2006 GTI was also around $40k in 2006, the price in Euros has risen from about 24.5k euros (2006) to 28.5k euros (2010). If we still paid 24.5k euros that would equate to a GTI base price in Oz of around $34k.
So why don't we see the exchange rate reflected in RRP ?
i) Volkswagen, along with other Euro importers love huge profits
ii) They don't want to undercut the resale value of used cars
iii) If people have an inflated idea of what they 'should' pay they're more than happy to take their money.
The bottom line is there is that while the Oz dollar is high there is plenty of fat on the beast so haggle hard. Threads like this that give folks the tools to drive a bargain are great. Well done to OP.
That's a bit of a simplistic view of things. Also during the last 4 years, the Aussie $ has sucked. VGA just rode that out as well - as did many other manufacturers....
Another way to look at it is to compare the base Golf with the base Toyota Corolla. There's only $3250 diff between those cars. Look at both side by side, get in them and really look at what is included, the quality of materials, and then try and tell me with an honest straight face, that Volkswagen are the ones that need to look at their prices! The Golf is a bargain in comparison
Greetings
Currently looking at the Golf R and reading through this to see what to expect of a good quote
Config
MY10 VW Golf R
DSG
ACC
Leather Seats
$58,693 drive away
I felt there was more in this.. but I will continue to talk to other dealers
Is this a 5 door that you're talking about? If you're also only asking for standard black on white plates, then that'd be about a 8.44% discount...
yes apologies it is a 5 door..
is that a good discount for a Golf R
I wasn't trying to over-simplify the argument. Only briefly in 2008 did the $OZ drop significantly below the level at which the first GTIs were imported. At the worst this would have meant belt-tightening and little room for negotiation with dealers. VW Australia's original business case would have included some hedging on the exchange rate so the impact would have been relatively immaterial. What is not in dispute is that the $OZ is close to an all time high against the Euro. VW are currently enjoying a huge margin on their landed cost and therefore it's a very good time to drive a hard bargain. In short, it's a buyer's market.
I completely agree the Corolla is over-priced. Only when grey imports are allowed into this country without restriction will we see our main dealer prices better reflect those of other developed nations. Alas that would see Ford and GMH, our government subsidised American companies, completely collapse so it's not going to happen.
Bookmarks