What's my 07 fr tfsi worth?

[kezFR07]

just wondered if anyone has an idea on how much the car is worth. 56 plate registered march 07 fr tfsi, emocion red, sunroof, winter pack, spoiler and skirts. 25000 miles full service history. iv got finance on the car see and im looking into leasing. i can get a brand new r32 for £280 a month for two years which is slightley less than im paying now. They want 6 months deposit on the golf so iv got to find that but leasing seems the way forward as with finance or a loan the car depreciates faster than you can pay it off.

 

[warren_cox]

prices on AUto Trader range from low £10k's up to as high as £12.6k.

With such a wide range I'd be tempted to go somewhere in the middle to sell it, or lower to shift it quick.

 

[kezFR07]

whats your veiw on leasing? might go for £11750 see what happens cheers

 

[warren_cox]

I think on the right car leasing is good. The R32 could face some serious depreciation in the next few years if cars with over 220g/km CO2 get taxed as hard as they might be.

Good thing is the cost of leasing doesn't seem to have changed in line with the current effects of depreciation.

When we bought the S3 magazines were predicting it would hold nearly 60% (losing 40%) of its value after 3 years. It's lost nearly at 50% after 18 months which is painful to bear as we paid nearly £32k, and its probably worth around £17k. You never buy cars to make a fast buck, so its part of the risk, but leasing is looking a more tempting option all of the time.

 

[kezFR07]

thanks for takin the time to talk about it mate im gonna see if i can afford it

 

[Rob GTI]

just wondered if anyone has an idea on how much the car is worth. 56 plate registered march 07 fr tfsi, emocion red, sunroof, winter pack, spoiler and skirts. 25000 miles full service history. iv got finance on the car see and im looking into leasing. i can get a brand new r32 for £280 a month for two years which is slightley less than im paying now. They want 6 months deposit on the golf so iv got to find that but leasing seems the way forward as with finance or a loan the car depreciates faster than you can pay it off.

I've got a very similar car to yours and I looked at part xing it a few months ago and got offered less than the figures talked about here, so realistically the only way to get the money would be private sale. It will be hard selling it this time of year and it being a petrol.

BTW I was also looking at an R32, would get it just for the sound and 4WD grip, you'll want that in DSG as well.

 

[phil3012]

I part exchanged my 2007 MY08 Cupra 3 weeks ago for £13550 but that was on a deal done in August as my car took 2 months to build. I could have got £14250 on a car from stock but the one I fancied was sold while I was still negotiating a better deal.

On the valuations front I found glass's was way off the mark which was annoying as I paid £3.50 the proper valuation.

Somewhere in between the part exchange prices quoted on What Car and Parkers is about right, What Car being low, Parkers being high.

Leasing an R32 is not a bad idea as unfortunately I think they will be worth next to nothing in a few years time.

 

[Michael B]

If your fit to lease the R32 for £280 a month, thats the way forward imo..

To buy my FR TDI I took out finance of 15k over 3years (was best option to have a good car, coming from a car worth <£1k, and getting car allowance with work)

After three years whats it going to be worth? Fair enough i will own the car outright, but will have certainly lost out much less by leasing an R32 costing 8/9k more!

 

[Michael B]

Can you show me where you can lease an R32 for £280 a month btw? Even by pm? thanks.

 

[on_the_verge]

I have been into a Seat delaer today with my FR TDI which I picked up in Feb this year and they offered me £11.5k - it has slightly high miles at 15k but they had one on the forecort at £14k on an 07 with 23k miles on it - needless to say I walked away. I assumed they would get roughly the same on mine plus what ever they were making on the Cupra I asked about......

 

[Rob GTI]

Can you show me where you can lease an R32 for £280 a month btw? Even by pm? thanks.

x2

 

[kezFR07]

il tell you i couldnt believe it either. iv had a insurance quote of 1700 which aint bad im 22. i bought my fr for 14800 in febuary i dred to think what iv lost. i know iv got 12000 left to pay on the finance. with the lease thing though id have to get a bank loan to settle the finance off then sell my car private to settle the bank loan its a lot to do also i think i owe more on the finance now than he cars worth its ****

 

[Michael B]

What im thinking I will do, when my car is 3years old and I have it paid off. Take something like the R32 (obv it wont be around new then) out on Lease, and sell the leon on and take my money. Would I get £8k for a 3year old FR TDI with most options, and 60k on it?

I suspect £8k is being optimistic.. sadly.

On another note, theres several R32s in Autotrader for sub £13k, which im sure can be haggled lower..

 

[warren_cox]

I'm really glad I paid the maximum 30% deposit on our car in cash while we had it available. At least by the time we get to the end of the options finance plan we may well not end up owing money on it the way cars are going.

I appreciate 2nd hand cars are only ever worth what someone is prepared to pay for them, but so many new buyers are being stung extra hard right now that new sales are likely to be majoritively company car only in the next couple of years. Now's the time for dealers to hope their brand is on the company car list.

 

[phil3012]

Unfortunately I agree with coxw and many people will be put off buying new cars.

It seems there are 2 elements to the market, decent small low priced new cars at a good price and everything else is getting silly.

My Mum bought a brand new Fiesta a year ago and because the new model was out 12 months later got a really good deal. Saved about £2000 off RRP. Considering I bought a similar model Fiesta in 1997 the RRP hd actually gone down slightly.

But if you look at an average car like a mid range Focus or Golf £16000+ is crazy money for an average car. Which will probably be worth a third of that in 3 years time.

As I've said a few times before with optional extras don't ever expect them to be worth anything come resale time. They are a selling point to differentiate one car over another but a dealer will give you little more if anything in the part ex price. To be honest if you change brands they won't have a clue what was standard or extra. Only pay money for them if you want them and expect to get use out of them.

 

[Gooday]

Not sure what yours is worth but ******* in Hertfordshire have prereg with less than 10 miles for £12499? This seems like a good deal.

 

[kezFR07]

i ****ing hate cars

 

[Rob66]

i ****ing hate cars

Snap

 

[Poverty]

buy something that wont depreciate much more? older audi S4 perhaps?

 

[Foo56]

I've been tempted to just hand back the keys to the finance company until I realised that I'd done over the mileage and then I bloody damaged the car so can't even do that till the car is 'as new' and in keeping with the amount of miles I declared. So I can only part X it, for which I'll get buggered on valuation no doubt.

I got my black FR with bluetooth, comfort pack, 18's and all the airbags and few othr bits (forgot!) for £15,500 ex demo (99 miles on the clock) in January '07 (56 plate).. which I think considerin the list price of same spec I did ok but I doubt I'll be able to sell it for more than 10k at the mo especially as I'm closin on 30k miles..

Spose my point is that I bought it knowing I'd lose a lot of money on it, but if that's the cost of me havin a car I love then I'm more than happy with that, I was 21 wen I got it and have loved every minute of owning it! Apart when I slid the backout and buggered up the rear beam on a roundabout.. that bit's not been so much fun.