Hi everyone! First post. Long time lurker. I’ve had my 17 dsg SE new since end April of 2018. Have been looking to trade, or sell it since end of summer, and it seems to have taken a huge depreciation hit in the last few months. I’m guessing because it’s appearing as a 3 year old car that’s maybe going out of warranty soon. Only a year and roughly 9 months old and just hit 20k miles.
Ive kept it at enthusiast level condition. Hand washes/ trim and interior treatment with 303, actual leather conditioner etc. Looks very good etc. Had a good trade offer of $21750 at the end of Sept, but the deal was off a couple thousand for what I wanted. We were joking at the dealership that it looked better than most of the new cars! Private party value was around 24k at the time!
Went to a couple dealers last month and had the chance to test drive an R, liked it a lot. They were willing to make a good deal, but only offer about 18k on the trade. We’re still off a couple thousand at least?.
So to the question, what’s future depreciation looking like on my car? What might it be worth in a year or two? Maybe it’s slowing down vs what I owe now (about 17k).
Vs. What’s a new Mk7.5 or an R going to be worth in a few years as well? Hoping these would lose less value due to the warranty maybe.
I could buy a new gti, but don’t want to be stuck in the same boat if chasing positive value. I’m thinking the R would be better in the long run if I can get a decent deal and put down a few thousand.
Appreciate any thoughts! I think I really want the R. It’s what I wanted when I got this one, but there were none left at the time. I’ll be around posting more after this. If I keep this car it’s tune time of some sort!
Thanks,
G
Ive kept it at enthusiast level condition. Hand washes/ trim and interior treatment with 303, actual leather conditioner etc. Looks very good etc. Had a good trade offer of $21750 at the end of Sept, but the deal was off a couple thousand for what I wanted. We were joking at the dealership that it looked better than most of the new cars! Private party value was around 24k at the time!
Went to a couple dealers last month and had the chance to test drive an R, liked it a lot. They were willing to make a good deal, but only offer about 18k on the trade. We’re still off a couple thousand at least?.
So to the question, what’s future depreciation looking like on my car? What might it be worth in a year or two? Maybe it’s slowing down vs what I owe now (about 17k).
Vs. What’s a new Mk7.5 or an R going to be worth in a few years as well? Hoping these would lose less value due to the warranty maybe.
I could buy a new gti, but don’t want to be stuck in the same boat if chasing positive value. I’m thinking the R would be better in the long run if I can get a decent deal and put down a few thousand.
Appreciate any thoughts! I think I really want the R. It’s what I wanted when I got this one, but there were none left at the time. I’ll be around posting more after this. If I keep this car it’s tune time of some sort!
Thanks,
G
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