Look at A3s instead is my advice.
Gavin
I am thihinking of buying a Mk4 in the new year. I'll have a budget of around $15,000, but i will want to lower it and add some nice fat rims so i reckon $10,00 for the car.
Ideally i want a GTI or at least a 2.0 se or GLE. I've been looking at ebay and car sales but can't find a decent one for that sort of price. They are all either piss weak 1.6's or high millage beaters.
What i am asking really is why GTI's are so expensive and do you reckon they will drop in price when the MK6 lands or when the 'financial crisis' really bites.
(P.S if i can't find a good car i will have to go and buy a Falcon XR6, and we don't want that to happen. )
Look at A3s instead is my advice.
Gavin
dont like your chances to get a nice one for 10k.
My $0.02 is that I'd rather a GTI with 1.8T goodness etc anyday over a 2.0 with BBS, bodykit, coilovers or whatever. You can always mod up a GTI when you get more cash, but a GLE will always be a GLE.
MKIV GTIs might drop in price soon but maybe not. If you find a desperate dealer you could be onto a winner - I was offered one for $13k but it had been chipped, had three brands of tyre on it (???) and an extinguisher bracket was bolted into the footwell.
Another one, red, was $15k, with over 100,000kms which seemed fair.
My low kay one-owner example cost closer to $20k in September, and the owner was VERY wary letting the car go for that price. I think McDub got his, a very tidy reflex '03 GTI, for $17-$19k too. I guess that's what they're worth.
I bought my 2001 GTI with 100,000 k's on the clock for $17,000, down from $22,000, so they hold their price pretty well even for a 7 year old car.
I also agree with the others, i dont think you would find a nice example of a GTI for $10,000, id be looking at spending the whole $15,000 on the car and then wait till cash flow comes around until you mod it, thats what im doing.
there a lot on carsales, like 2003 model for 13k
mk4 the mods begin for round 2 hahahha
yeah there is one on ebay for $9,990 but it has 252,000 k's(!!!!)on it.
I know the sensible thing to do would be to spend all the money on the car but i am an idiot and i know i won't be able to drive a standard car for long.
So i would rather use the money for the car and the mods rather than spend extra on it and possibly devalue a good car.
As for A3's, sorry but i think they look awkward from some angles and if i was to get an audi, i would get an A4 (which is also on my consideration list).
I know that a high millage car is a risk but aren't VW's built well enough to handle big numbers?
Are parts/services expensive?
Timing belt/ tensioner/ water pump and oil service recently cost me $850. You gotta do that one every 60,000 kms or she goes bang and costs THOUSANDS. 1.8T head rebuild = $$$ x 20
My air con was on the blink and a new condenser unit for the beast was going to cost $2000 - luckily a $100 sensor and gas change sorted it.
IMO the servicing for these isn't tooooo bad, but the parts are hella pricey (yet another reason to get a tidy, low kay one).
If you can be patient it would probably pay to wait a couple of months until used car dealers are totally desperate to shift stock, then play them off each other. MK6 GTI next year won't make the MK4 any more expensive too. I didn't wait because my Commodore was about to implode, and wanted to get a reliable car for summer.
Good hunting!
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