I'm a recent addition to these forums and have been fully immersing myself in all things vRS in the last few weeks. Of course, many of the threads I've been reading recently have concerned members taking advantage of the VAT deal to get their new car at a bargain price. As I am not able to place an order until slighter later in the year, there are a couple of things that I have been thinking about and I wanted to ask other members their opinions on the matters:

Firstly, I can't help thinking that with so many members shouting "bargain" recently, the vRS Fabia is suddenly going to look much more expensive. £18K for an estate with a few options suddenlt might not look like so much of a bargain. And we are still supposed to be in a recession. What are the chances, perhaps based on past experiences some of you have of Skoda, of further offers coming along after the VAT deal finishes? What have they done before to entice custom? What sort of deals can be struck without the benefit of the 20% we're basically seeing at the moment?

Furthermore, what effect will all these £14K vRSs have on the used market? Will we be seeing a Citroen effect where such discounting damages used values?

I look forward to hearing what people think.

I should think (hope) that the vRS retains 50% or more after 3 years, making it around 8.5k ish depending on the model. Looking at the discount, you would lose 5.5k in 3 years instead of 8.5k.

Puts a new car which would otherwise be unaffordable in the affordable bracket.

I should think (hope) that the vRS retains 50% or more after 3 years, making it around 8.5k ish depending on the model. Looking at the discount, you would lose 5.5k in 3 years instead of 8.5k.

Puts a new car which would otherwise be unaffordable in the affordable bracket.

The old VRS, special edition 07/08 are still pulling over 8k, I have just bought a new one with the VAT off as its a great deal. My dealer, who is a friend of mine recons Skoda were mad to sell the Vrs model with the vat off as he can sell them all day long at full pops, thats if he can get hold of them, which is a problem for dealers on some models !

I think the vrs with the previous price increase and subsequent vat reduction is only what it is worth. If the vat offer is removed I think sales will take a nose dive, but maybe they've sold enough now. I wouldn't have thought trade in values in 3 years time will be based on full retail price if the cars were bought with 20% reduction when new - more like people who paid full price will lose out.

The old VRS, special edition 07/08 are still pulling over 8k, I have just bought a new one with the VAT off as its a great deal. My dealer, who is a friend of mine recons Skoda were mad to sell the Vrs model with the vat off as he can sell them all day long at full pops, thats if he can get hold of them, which is a problem for dealers on some models !

To be fair though, the old model is pretty unique, where the mkII VRS is similar to the Polo GTI and SEAT.

They'll probably hold about 50% of the purchase price in 3 years.

Fabia VRS mkI prices have also started dropping now they are getting on a bit.

I bought an 09 registered (built in 07 of course) on this website for 8k this year. Full service history with only 20k on the clock.

The correct price for the last Fabia mkI is more like 7k now. Only worth more if low milage or you want to fund a dealers 1k profit margin.

I should think (hope) that the vRS retains 50% or more after 3 years, making it around 8.5k ish depending on the model. Looking at the discount, you would lose 5.5k in 3 years instead of 8.5k.

Puts a new car which would otherwise be unaffordable in the affordable bracket.

I would hope to get that much after 3 years but looking at my finance details, the minium future value is only £6115! based on 6k miles a year :(

Edited 27 March, 201115 yr by AshP

I would hope to get that much after 3 years but looking at my finance details, the minium future value is only £6115! based on 6k miles a year :(

They always error on the side of caution when calculating MFV.

That way, if you hand the car back and don't buy it they are in front.

Protects them against unforseen drops in used values.

Thanks for replies. Any ideas or thoughts on future discounting?

I'm a recent addition to these forums and have been fully immersing myself in all things vRS in the last few weeks. Of course, many of the threads I've been reading recently have concerned members taking advantage of the VAT deal to get their new car at a bargain price. As I am not able to place an order until slighter later in the year, there are a couple of things that I have been thinking about and I wanted to ask other members their opinions on the matters:

Firstly, I can't help thinking that with so many members shouting "bargain" recently, the vRS Fabia is suddenly going to look much more expensive. £18K for an estate with a few options suddenlt might not look like so much of a bargain. And we are still supposed to be in a recession. What are the chances, perhaps based on past experiences some of you have of Skoda, of further offers coming along after the VAT deal finishes? What have they done before to entice custom? What sort of deals can be struck without the benefit of the 20% we're basically seeing at the moment?

Furthermore, what effect will all these £14K vRSs have on the used market? Will we be seeing a Citroen effect where such discounting damages used values?

I look forward to hearing what people think.

I bought a VRS in August 2010 way before no-VAT. There was no way I was paying list and I negotiated the best part of £2k discount. The stealers tried to stiff me on my part-ex as well so I sold privately, banked the cash and took the cheap Skoda finance. Doing things this way brought me £3500 closer than the first deal offered from the first stealer I visited.

So deals will still be available after the vat-man returns, you will just have to put the work in.

As to how the vat-free offer has affected residuals, well I am glad I financed with a PCP so it can go back if financially necessary at 36 months! I have been known to early-term finance deals before but the knock-on depressed residual effect of vat-free has probably shut this door for me on this car.

Am I bovvered? No, but if I had paid list and paid cash I would be grumpy.

Love it though, nearly 8 months of ownership and I am still popping out for a drive just for the hell of it!

I would hope to get that much after 3 years but looking at my finance details, the minium future value is only £6115! based on 6k miles a year :(

They always error on the side of caution when calculating MFV.

That way, if you hand the car back and don't buy it they are in front.

Protects them against unforseen drops in used values.

They always keep the GFV low so that when you get to the end the car is worth more. 1 reason is if you hand the car back they won't be hit, but the bigger reason, and idea behind it is that you have enough equity in the car to be the deposit on your next car and start the whole process again. Eg GFV of 6k but the car is worth 7.5k, £1500 deposit for the next one