One tip.... Get a screen grab of the DTD price and send an email with it to as many local dealers as you like saying I want to order a vrs as soon as somebody quotes me close enough to this price. Stick your phone number on there so they have a legitimate means of contacting you and then sit back and wait. Some will ignore you, some will fob you off but the chance is that at least one will cut the bull**** and email you their best price.

So, quick DIY finance e.g....

 

 

OTR - £22,990

 

GMFV - £9,645.30

 

10% deposit = £2290

 

Amount to finance = 22990 - 2290 - 9645.30 = 11054.7

 

36 Monthly payments of £307.075.

 

That's at list price of course.

 

Discount the list by 10% and leave deposit at 10% and you get something like £299 per month payments.

 

Conclusion ... if you've got an extra couple of grand for deposit, you can get the Golf for slightly cheaper monthly payments. My quote was £4k deposit and £265 per month. Yes, more expensive, but not massively more IMO.

 

Don't have time to check, but I've a feeling the Octavia starts about three grand cheaper than the Golf but that the Golf GFV is about £4k more than the Octavia atm, which is what dictates the monthlies.

so with DTD discount I can have a 'basic' VRS for £2022 deposit and £237.55/month for 3 years? (based on £20219 DTD price)

ie costing just over £3.5k/year for 3 years......

hmmmmm interesting........

 

Hey Joe, can you give more info on the Golf deal you were offered please? TIA!

Edited 18 July, 201312 yr by adder

Gents, for anyone who's actually sat in a vRS, did you sit in the back and how does it look from there?

 

I have a small kid and my main worry is that she won't be able to see anything towards the front because of those huge seats. What do you think from what you've seen?

The visibility from the back won't be brilliant. The seats are very wide at the top.

so with DTD discount I can have a 'basic' VRS for £2022 deposit and £237.55/month for 3 years? (based on £20219 DTD price)

ie costing just over £3.5k/year for 3 years......

hmmmmm interesting........

 

Hey Joe, can you give more info on the Golf deal you were offered please? TIA!

 

Based on your figures, i think the vrs would cost you 35 payments of £244 a month. I've just realised that the 36month  plans are based on 35 payments as the deposit etc counts as the first month's payment (i think).

 

Golf Quote is for standard  5 door car with standard paint.

 

OTR price £23,700

Deposit £4000

Balance to finance £19700

Interest over 36 months @ 6.3% apr £2898.10

Total balance to finance £22,598.10

GFV / final payment is £13,427.10

Therefore you get 35 X £265.60 as your payments.

 

 

It's the gfv of £13,427.10 which makes the payments come out so competitively against the VRS (GFV of £9645.30) as it's £3781 more.

 

Basically, on a pcp the golf will cost you £13,171 over 3 years (including deposit, payments, interest and depreciation). I'll check the VRS e.g. and get a sample 3 year figure for comparison.

 

Ok, so on the other thread I posted a comparison between the golf monthly payment and the VRS monthly payment based upon a standard 5 door gti, and a Petrol vrs specced with adaptive cruise and colour display to get it as close to the base gti spec as possible. The list price of the vrs would be £23,820. I put a £4000 deposit in on both and also took off a 10.5% discount off the list price of both as this is achievable. The Gti quote (which is the real one I received) is above whilst the vrs one I knocked up myself produced payments of approx £213 a month.

 

I said above the Golf would effectively cost £13,171 over three years, whilst it looks like the Octavia would work out at £11,673.60.

 

So, all being equal using £4k deposits, the Golf will cost you about £1500 extra to drive around in for three years.

 

It's worth remembering that the Golf has only worked out more expensive because of the interest here though. If you were buying cash and then selling in three years, getting the gfv amount in return, the Golf would only cost you £10,272.90, and it would therefore be cheaper to run the Golf than the Octavia.

Edited 18 July, 201312 yr by sotonjoe

Managed to get a test drive in one today, we went down to a Truscotts in Helston. while we were looking for a Citigo Sport/ Monte Carlo Tech for my other half I asked out of curiosity if they had a vRS delivered to them yet. To my surprise they said yes and that it had just been taxed in the morning. 

 

It was silver and had silver wheels with the red interior and sunset glass - even the salesman said that was a very conservative choice but he mentioned they probably supplied one in silver (and the normal octavia's in silver to appeal to fleet buyers...) He was agreed that they should have sent something more loud in colour to appeal to the private buyers! 

 

I took it for a small run it was so quiet and refined. Very comfortable to drive and felt solid. The rev range ran pretty freely for a car with only 6 miles on the clock I think I must of been the first one to take it out on the road! 

 

The gearbox was really sharp for a diesel, I've always been concerned they were always notchy and heavy since the previous TDI's I've driven in the skoda family. Of course compared to my 2.0 TSI DSG it's no match, you don't get the point and squirt that you do with DSG and kickdown. Maybe I'm just lazy but I do appreciate the DSG box more than ever! I certainly noticed the lack of zingyness of my TSI and I can't wait to try a 220ps TSI if I get a chance in the near future. 

 

What also impressed me was the instant coolness of the aircon as soon as you turned the cooling on it was there, something I have always wanted rather than to wait a minute for the AC to kick in (with all my previous Skoda's) The colour Maxi dot was really cool, and the voice control worked really well from what we were telling it to do. 

 

They have new keys too - slightly blockier not sure why though as they just seem bigger! Very impressed with how composed it was doing a 180 on a small roundabout for such a big wagon! It did look smart, just not overly special in silver! Thats all I can comment on from the 15/20 mins I did have to play with one. 

 

If you do buy one - get a sporty colour to do the car justice!

Found something potentially interesting out about the 0% PCP. VWFS appear to be financing the loss of interest revenue they would have made by having Skoda UK reduce the dealer margins on the cars accordingly so they havent lost out, so essentially you dont pay the interest but you get no discount off of list either.

Told my dealer the only way I could justify the purchase of a new one was if they offered me a 10 to 12% discount on list as that way I could finance it at zero cost to change and he came back and said its impossible for this reason and there just is not the money to play with in the car.

Not sure exactly what to believe but it seems plausible to a degree.

Sounds like sales talk to me.

 

The 0% finance is offered by Skoda UK via VWFS.

Any list price discount you negotiate is with the dealer, reducing their profit.

 

Two different incentives from two different sources.

 

Thats exactly what I thought, as far as I am concerned they are two products, dont worry, I will be getting the DTD price when I have had my test drive and then its up to them if they want to deal with it, I had a bit of a falling out with them last year and my loyalty to them has gone, however, I like the blokes in there, they are a good bunch (it was teh sales manager I fell out with) and they know how to keep me sweet, so will see how much they want to sell a car wont we!!!

 

Exactly. That anecdote wins the PRIZE for First Bull****ting Salesman Whilst Trying to Sell New Octavia 3 VRS.

 

I presumed it was, but would be good to get a dealers response to this maybe?

Found something potentially interesting out about the 0% PCP. VWFS appear to be financing the loss of interest revenue they would have made by having Skoda UK reduce the dealer margins on the cars accordingly so they havent lost out, so essentially you dont pay the interest but you get no discount off of list either.

Told my dealer the only way I could justify the purchase of a new one was if they offered me a 10 to 12% discount on list as that way I could finance it at zero cost to change and he came back and said its impossible for this reason and there just is not the money to play with in the car.

Not sure exactly what to believe but it seems plausible to a degree.

 

Thats a better way of saying what I posted earlier, for me if that IS the case then I'm out.

Thats a better way of saying what I posted earlier, for me if that IS the case then I'm out.

Me too.

A bit annoying as I could pretty much walk away from my Blackline at only 6 months in; its still worth nearly 17k trade which impressed me. If they'd been able to offer me the discount i'd have probably ordered a new TDi hatch in the next few days...as much as I love the idea of a TSi it will work out considerably more expensive to fund and the TDI with do 60mpg and 30 quid a year tax which is not to be sniffed at.

Found something potentially interesting out about the 0% PCP. VWFS appear to be financing the loss of interest revenue they would have made by having Skoda UK reduce the dealer margins on the cars accordingly so they havent lost out, so essentially you dont pay the interest but you get no discount off of list either.

Told my dealer the only way I could justify the purchase of a new one was if they offered me a 10 to 12% discount on list as that way I could finance it at zero cost to change and he came back and said its impossible for this reason and there just is not the money to play with in the car.

Not sure exactly what to believe but it seems plausible to a degree.

This isn't true. Don't believe a word of it. Drive the deal will put you in touch with a dealer who will sell you the discounted vehicle and with access to the full range of finance products.

The visibility from the back won't be brilliant. The seats are very wide at the top.

 

Something you often don't consider at the time of purchase.

My wife commented yesterday that our Rapid has a far worse view than the Yeti for exactly this reason.

The sport seats really block forward vision quite badly.

@Leon-y-k, did you get into the back at any point, how did it seem to you? (Yes I know, I'm OCD!)

 

@BossFox, do you have those sport pack seats in your Rapid? Do you think a panoramic roof on the Octi could help the rear passengers? Can the passenger seat be reclined/lowered in any way to make it better?

@BossFox, do you have those sport pack seats in your Rapid? Do you think a panoramic roof on the Octi could help the rear passengers? Can the passenger seat be reclined/lowered in any way to make it better?

 

Yes, I have the optional sports seats in the Rapid with the integral Headrests.  Not the material quality of the Octy ones, but bulky at the top.

If you are going for the Estate the sunroof is very nice and would really brighten the interior... but it's not cheap and not available on the Hatch I believe.

It must also add an amount of weight up top to a car with sporting ideas.  No idea how much though.

Apart from thinking "I can't afford one", the abiding memory of being in the all-black-interiored one at Blade Gloucester today was that the interiod was going to really show the dust.

Found something potentially interesting out about the 0% PCP. VWFS appear to be financing the loss of interest revenue they would have made by having Skoda UK reduce the dealer margins on the cars accordingly so they havent lost out, so essentially you dont pay the interest but you get no discount off of list either.

Told my dealer the only way I could justify the purchase of a new one was if they offered me a 10 to 12% discount on list as that way I could finance it at zero cost to change and he came back and said its impossible for this reason and there just is not the money to play with in the car.

Not sure exactly what to believe but it seems plausible to a degree.

There may some truth in this as on Carfile before the 0% came in they were offering about 11–12% discount. Now it has jumped to 14% unless you take the Pcp offer where they say expect a discount of 8%. There a box at the top of the price page stating this.

That'll explain where the other 6% goes.

Like the others if theres no discount to be had then I'm out!

Edited 18 July, 201312 yr by SamurI

This is where it can be a case of swings and roundabouts though.

 

If the GFV is set ludicrously high, come 3 years the car may have no equity at all, I suppose not bad if the customer has only put in 1% deposit, but you'd be peeved if you'd shelled out 30%.

 

With a lower GFV, yes the payments will be higher but you have a better chance of having equity in the car come change over time. 

 

Nissans were mentioned for this earlier, and I have also seen other marques with sky high residuals. That's the time when some customers really can be stuck in the same cycle with the same manufacturer as no one else can offer a part ex price to wipe out the negative equity.

 

Just my 2p's worth

What negative equity at the end of a PCP? If the car is worth less than the mgfv you can hand it back and owe nothing and walk, but of course you know that as a dealer. If you wanted to change manufacturer and the new dealer wouldn't give you enough to pay off the mgfv the sensible thing would be to hand the thing back and start again. No equity to roll over but certainly not trapped.

The mgfv is lower on the octavia than the golf because its residual values are a lot weaker -fact. mgfvs are chosen very carefully by the manufacturer.

@Leon-y-k, did you get into the back at any point, how did it seem to you? (Yes I know, I'm OCD!)

 

@BossFox, do you have those sport pack seats in your Rapid? Do you think a panoramic roof on the Octi could help the rear passengers? Can the passenger seat be reclined/lowered in any way to make it better?

I did, they didn't spec the electronic boot button though. The rear seats were nice, and they were also comfortable for the space provided - plenty of legroom. I like the rear air vents too which look pretty smart like a silhouette of the grill?

 

Not a great photo...! 

 

Edited 18 July, 201312 yr by Leon-y-k

I did, they didn't spec the electronic boot button though. The rear seats were nice, and they were also comfortable for the space provided - plenty of legroom. I like the rear air vents too which look pretty smart like a silhouette of the grill?

Not a great photo...!

Thanks for posting the pic, but those seats look rather cheap in my opinion.

Thanks for posting the pic, but those seats look rather cheap in my opinion.

The fronts are much better. The problem I come across with my MK2 is that when I fold the seats down, the seatbelt buckles always put an annoying dent in the leather/ faux leather...that always bugs me! 

Called into Silbury Skoda to have a look at their Race Blue Estate.

When I saw my first FL VRS my initial reaction was I need to have one of those. Unfortunately ( or fortunately for my bank balance )  the new model just didn't have the same effect. I quite like the outside but I thought the seats looked cheap & the centre area with the radio & controls looked a bit of an after thought.

I thought people were exaggerating about how bad the exhausts were on the diesel but the person who came up with that idea should be sacked. The pipes don't even line or with the bumper slots & it just looks stupid.

Didn't get to drive it but It would need to be something exceptional to get me to change.

One of the other main problems is the fact that my existing Blackline was such good value at the time & taking account of the depreciation on mine + the increased price of the new one means although mine is only 9 mths old I would need to put over £9000 in to get into the estate I looked at.

I am currently on my 5th VRS so loyal to the brand but it looks like it's the end of the line, shame.

 

PS Cruise as an option now and it supposed to be aimed at the fleet market !!!

Edited 18 July, 201312 yr by A6TDH

Called into Silbury Skoda to have a look at their Race Blue Estate.

When I saw my first FL VRS my initial reaction was I need to have one of those. Unfortunately ( or fortunately for my bank balance )  the new model just didn't have the same effect. I quite like the outside but I thought the seats looked cheap & the centre area with the radio & controls looked a bit of an after thought.

I thought people were exaggerating about how bad the exhausts were on the diesel but the person who came up with that idea should be sacked. The pipes don't even line or with the bumper slots & it just looks stupid.

Didn't get to drive it but It would need to be something exceptional to get me to change.

One of the other main problems is the fact that my existing Blackline was such good value at the time & taking account of the depreciation on mine + the increased price of the new one means although mine is only 9 mths old I would need to put over £9000 in to get into the estate I looked at.

I am currently on my 5th VRS so loyal to the brand but it looks like it's the end of the line, shame.

 

PS Cruise as an option now and it supposed to be aimed at the fleet market !!!

That sums it all up for most i think

I have a 62 plate Blackline estate DSG with just under 6k on the clock and wondered what opportunity might exist to get out of that and into a new TSi manual hatch with a bit of spec.

Spoke to my dealer and basically the Blackline stacks up better part ex than I thought it would, owing just under 17k and being worth trade 16,750 so probably could find a couple of hundred quid in a deal to walk away from the car. Problem stems from new 0% offer. I didnt want to put any additional capital into the car, put 2.5k down on the BL but only 750 of that was my own money.

Told the dealer in order to make the change worth my while and the numbers to work in my favour I'd need to walk away from my car and get approx 10-12% off the new one and they were unable to oblige. Said elsewhere on here but VWFS have reclaimed the money they would have lost from the 0% by getting Skoda to reduce the dealer margins in the cars by the same amount; essentially id save probably save 12-1500 in interest payments but no discount possible on the car.

Decided that it'll have to wait a while; no great tragedy as the BL is so good im not at all desperate to move it on, not for a new vRS anyway.

Told the dealer in order to make the change worth my while and the numbers to work in my favour I'd need to walk away from my car and get approx 10-12% off the new one and they were unable to oblige. Said elsewhere on here but VWFS have reclaimed the money they would have lost from the 0% by getting Skoda to reduce the dealer margins in the cars by the same amount; essentially id save probably save 12-1500 in interest payments but no discount possible on the car.

 

Is this the standard line from all dealers then as it certainly isnt with the ones that Drivethedeal use. They offer the servicing and 0% even with over 3k off the VRS TSi and TDi DSG models.

Is this the standard line from all dealers then as it certainly isnt with the ones that Drivethedeal use. They offer the servicing and 0% even with over 3k off the VRS TSi and TDi DSG models.

Fair point but they'd probably pull my pants down on my part ex, gotta be making their money somewhere.

Have to say though im in two minds to keep my BL longer term pay the final payment and give it to the wife and possibly not buy another Skoda next time.

As someone said above if you can get a nearly new C220 AMG Sport for the same sort of money (that would have amounted to a good 32-33k car new) then thats more like value to me. I wouldnt want to pay much more than 20-21k for any Skoda, 24-25k is not value for money in my book.

Edited 19 July, 201312 yr by pipsyp

Buying a new car is not good value for money at all generally.  Never seems to stop people.

ex-demo or used are always going to be better value.

 

But with the new VRS people want the latest model and are prepared to pay for it.

I have concerns because seeing the balls up with the Rapid launch and re-jigging the spec a few times I'm wondering if buying a VRS now will get you caught out too.

There is clearly a hole in the spec, with regards to the Cruise Control at least.  That's just odd.

 

A number of Fabia mk2 VRS owners who bought that early got stung too as good deals came along later (VAT free after a year) which killed the residuals.

 

Al said though, nice to have a new car and choose the spec.