Buying a 9N GTI

[seangti]

How much have the mkV golfs when the mk IV came out??? Not a great deal is the answer as a mate just bought one last night. I can't see the polo dropping much due to the new one as it's not a typical upgrade, plus you're comparing a car at ~$20k, versus a new polo at around $30k. $24k for a brand new older shape is still good value in anyones language and I don't think it'd depreciate any quicker being end of model as opposed to a 1st off the boat new model. If the new model was closer in price than it'd be a different story. As the brand recognition increases, that can only benefit us, Mk IV golfs have to be somewhat holding there value on the coat tails of the success of the mk V.

[insanekiwi]

I agree with Sean.
Also the fact that new Polos do not come with any manual gearbox - may deter some people away. The new car price will be much higher than what current Polo GTIs go for. I don't think it will cause any sudden drop in price.

[R1 Crasher]

Huge drop in price atm with 9n Polo GTI's,maybe in time the price will firm up slightly,but I doubt it. I have a mint 08, 38k's one owner looking to trade at the moment and the best offer I can get against a new Focus XR5 is 15K. One dealer I went to said, and showed me the paperwork, of a three month old Silver GTI with 3K on the clock the best wholesale price was 17K and he took it.

I think I might have to re-evaluate what i thought was a good value second hand vehicle down quite a lot.

[noone]

Agreed, price drop is already impressive. Don't know how much lower it will get in the coming months with the Polo GTI, but I think the Polo can't drop much more over all...

Interesting to compare to the Golf IV GTI pricing.

[PeterHBne]

I always bought my GTI as a keeper. You could always tell they would loose money hand over fist. Specialist new cars do. Keep it, go some nice mods (chip, suspension, brakes) and have a top little car that will last. it has all you want and need. Me + 1 sometimes. Why go for something bigger??

[hibijibis]

for any recent sellers of their 9N polo, i was looking to sell recently. 2008 with leather pack. i think it was about $33k at the time i bought. done about 15km. how much do you think i can get it for? also want to know if any one has recent experience selling to let me know how long it would take to sell it?

cheers

[seangti]

$22-$23k I reckon if selling privately.

[R1 Crasher]

$22-$23k I reckon if selling privately.

No chance.
Brand new at the moment 2010 9N GTI 23990 drive away 24990 with Leather drive away.

[break]

$22-$23k I reckon if selling privately.

LOL!

I was *very* lucky to get $17.5k for my '06 with leather, sunroof, giac, brakes upgraded, suspension upgraded, diverter valve done etc. and 60k on the clock. These days it's worth more like $16k.

Realistically, anyone who pays more than $20k for a 9N3 is a chump.... new or used.

(Oh, and they stopped producing the 9N3 GTI a while back now... they never actually made any in 2010, so all you will find is 2008/2009 models at dealerships)

[instigator]

Why go for something bigger??

i am going to keep my GTI, no mather what.
but i still have a old mini standing around that is tuned and need attention.
and my girlfriend also have a car of her own, Fiesta S TDCi.
we pretty much drive that all the time.
i use the polo more and more like a weekend car and a now and than track day/dragrace.

but, now my girlfriend is about 8.5 months pregnant and all 3 cars are getting a bit small...
you'll find out when you go shopping on youre own with GF and baby in the back
so i'm planning to get rid of the Fiesta one day and buy a A4 station or so.

and i can name alot more other reasons why you should be better of with a bigger car...
neverless, polo stays with me and i am still loving it.

about the price...
execpt that every car, even if you buy it new and drive away from the dealer...
from that moment on, the value starts dropping...