What is the going rate for a MK4 these days?

[skylineiz]

Hey guys,

im looking to trade my 350z and get a MK4, the 1.6L version, (saving money for a house)


so just curious to get an idea on how much their worth atm?

plus any other advice you guys may have to offer. - I am a complete VW noob.

cheers,
Iz

[gpk_gti]

is that a mk4 1.6 auto you are after?????

[fuzion]

please got least get a 2.0 sport! or a gti

[gpk_gti]

prob after the world renowned AUTO!!!

[Tim]

Cost of ownership on that mk4 1.6L would probably be higher than your 350Z. Not worth it in my opinion.

[DIDZ]

What is the going rate for a MK4 these days?

As the other local residents here have said, would cost you long term a lot more than your 350z would be.

1.6 Auto.......

[skylineiz]

What is the going rate for a MK4 these days?

As the other local residents here have said, would cost you long term a lot more than your 350z would be.

1.6 Auto.......

I did somre more research i think the one im really keen on is a 20v 1.8 L one

if the car is only worth say 15 k, which is less than half the value of my 350z? ill be paying alot less stamp duty. Is that what you guys mean by ownership? Im not understanding how owning a car thats alot less in value will cost more than my 350 in ownership? Sorry for the noobness. Please explain.

[JustCruisn]

When these old Golfs break they cost $$ to fix.
Your Jap car will have cheaper parts, and because it is newer it wont break as often.

You have to add up total cost of ownership: initial cost, insurance, rego, fuel and repairs. (some will say depreciation too) Only then can you compare apples.

[Manaz]

About the only thing that will be cheaper will be fuel, insurance and maybe depreciation may be lower too (as the car is older, worth less and has already run through the majority of its depreciation).

Rego and CTP will cost roughly the same. Repairs will vary - older cars are more likely to have issues (and thus need repairs), and Euros can be more expensive to fix than Japanese cars due to a number of factors. Servicing will also vary depending on what your policy is on dealer vs 3rd party servicing - if you prefer dealer servicing, you're going to pay a decent amount for it.

As you've indicated, you'd certainly end up with some cash in your pocket initially, and if that helps with a deposit for a house, it may well be worth it. Don't expect though the general running costs over the long term to be massively cheaper though, overall the difference may be relatively small.

[qsilverza]

I have something else throw in as well, older cars have generally gone through most of there gremlins, so in some cases badly built newer cars can be worse off than an older car.

If you have at the look at a model life-cycle, the seventh year is generally the most reliable year as this is when the gremlins have been sorted but generally not yet old enough for things to break.