Realistic trade in price?

**YellowLemon** · 09-05-2015, 03:35 AM

Originally Posted by nat225

... golf6 118tsi, bought new with some options for $37500. 1 year and 24000km later, i traded that in ... for $25500.... So that was a 32% depreciation in under 1.5yr.

So that is essentially $12000 for "renting" the car for 18 months, ie $670 per month, or $170 per week. Or $5 per 10km. (Excluding rego maintenance insurance and fuel costs)

Acutally it's not that bad ... my tram ticket costs $5 for about 10km ... and I'd much rather be in the GTI, away from the knife-wielding murderers in the trams (but amongst the car-wielding murderers running red lights, hmmm)

Have you got an ad up on car sales? How much are you wanting to get for it?

**brad** · 09-05-2015, 07:33 AM

Originally Posted by BenT

I want to trade it to get the manual gti but it looks like it's financially imprudent.

fixed for you

One thing I've learnt is that if you always want the latest / greatest car / computer / TV / phone / motorbike / bicycle, etc that you will be eternally updating and eternally poor (lots of great toys though).

Keep your current GTI a couple more years then sell it private & buy a 1.8GTI that's a couple of years old. That will be workable financially.