I've been keeping my eye out for a mk2 vRS for a good few months now and have missed out on a couple due to not agreeing a good part ex price for my car. I've since sold my car so am ready to go for the right car...although sadly missed out on a belter of a vRS, ex member on here, due to not being able to get down that weekend. Since I sold my car back in September there seems to have been very few mk2's out there for what I would say was a sensible price and I've seen a rapid rise in prices for them.

 

What's the reason for this? Is it the mk3 vRS a bad car and no one is wanting to replace their mk2 with one? Are the mk3's so much more expensive then they should be? Is it the economical climate that we find ourselves in or is there possibly another reason?

 

Back in the middle of the year a good mk2 vRS with good spec/service history/fair mileage etc were going for around £8500-8750 and this was before the daft new tax system...6 months on and they seem to be up to 10k.

 

I think I'm having to come to the conclusion that having been fairly one track minded in wanting a vRS I'm now having to seriously consider ditching the whole vRS idea and find something else. I've been looking on Autotrader, Pistonheads, in touch with various dealers etc but nothing for that I'm looking to spend with the budget available.

 

Does anyone else have any other theories on this? 

My logic is, if people are thinking the same way as me I might have the answer. The start off price for the mk3 is golf GTI money and too big a jump from the mk2 price. There seems to be some build quality issues on mk3 aswell. When I saw the mk3 for real is was all for ordering one till I saw the price, then changed my mind. So the way I see it is, why spend too much money on a car that's only marginal better and there's nothing wrong with car I have, that fits mine and my family's needs perfectly.

As above the vRS was heavily discounted towards the end of the mk2 run, so those of us with a sub 3 year old one would have to pay a significant amount to change, the mk3 is no doubt better to drive with the newer platform and engines but it's difficult to warrent spending the extra to SWMBO!. Although there are some things on the mk3 that are standard now like xenons just adding a few extras that came for free in mine - leather and satnav puts the price up even more. TBH when I sat in one at the dealers I was not overly inspired to spend a big wedge just to have one, and it's probably that cost to change plus the waiting list for the mk3 which is keeping prices on the mk2 up. I still haven't forgiven Skoda for ending the race blue exclusivity on the vRS either LOL.

It's all about the cost - well cash purchases at least.

The MK3 is a much better car (12plate mk2 vRS to a 14plate mk3 vRS) but unless like me you manage to get an amazing deal the cash price between the discounted mk2 and the discounted mk3 (new price) was around 4-5k.

The mk2 is still a awesome car and for that reason people want to keep them :-)

I have a mk2 vrs Blackline,dsg and having driven a mark 3 vrs apart from slighly more power the mk 3 has less extras and toyes and costs about £9000 more. A shark map or tuning box £300+.easily out powers the mk3 .So why would anybody want a mk3. Ok some will because they perceive newer is better,that's there choice but at that price difference,Skodas are no longer the bargain they were.

Just priced up a 200bhp polo 1800 gti dsg £21.000. Now a vrs is looking overpriced apart from the carrying capacity,but I would put up with that for the extra fun factor alone.

+1 on the build quality issues and price issues.

My VRS is on eBay at £8500 at the min.... Immaculate facelift CR diesel, race blue xenons, 60k....

Just saying

I have a mk2 vrs Blackline,dsg and having driven a mark 3 vrs apart from slighly more power the mk 3 has less extras and toyes and costs about £9000 more. A shark map or tuning box £300+.easily out powers the mk3 .So why would anybody want a mk3. Ok some will because they perceive newer is better,that's there choice but at that price difference,Skodas are no longer the bargain they were.

Just priced up a 200bhp polo 1800 gti dsg £21.000. Now a vrs is looking overpriced apart from the carrying capacity,but I would put up with that for the extra fun factor alone.

Perhaps the MKIII VRS are more expensive because they come with more toys than the old standard MkII. Xenons, steering wheel control, park sensors, DAB radio etc. I thought it was mean to offer the new VRS initially without cruise as standard. The Blackline was a special case as the MkII was coming towards the end of its run. If you have a BL which is good value then keep it. If you need/want a newer car, you have to pay the newer prices. Nearly new petro VRS are being sold for the same amount as the Polo, which will hold its value, however if you are a family guy looking for space and pace then it's probably worth getting the Skoda.

It's a combination of:

 

1) The last MkII vRS's were heavily discounted. This car really was the last properly 'cheap' Skoda.

 

2) Skoda don't need to discount anymore anywhere near as heavily. The brand has turned a corner.

 

If you want a cheap VAG car get yourself down to the nearest SEAT showroom and take a look at a Leon.

I've been keeping my eye out for a mk2 vRS for a good few months now and have missed out on a couple due to not agreeing a good part ex price for my car. I've since sold my car so am ready to go for the right car...although sadly missed out on a belter of a vRS, ex member on here, due to not being able to get down that weekend. Since I sold my car back in September there seems to have been very few mk2's out there for what I would say was a sensible price and I've seen a rapid rise in prices for them.

 

What's the reason for this? Is it the mk3 vRS a bad car and no one is wanting to replace their mk2 with one? Are the mk3's so much more expensive then they should be? Is it the economical climate that we find ourselves in or is there possibly another reason?

 

Back in the middle of the year a good mk2 vRS with good spec/service history/fair mileage etc were going for around £8500-8750 and this was before the daft new tax system...6 months on and they seem to be up to 10k.

 

I think I'm having to come to the conclusion that having been fairly one track minded in wanting a vRS I'm now having to seriously consider ditching the whole vRS idea and find something else. I've been looking on Autotrader, Pistonheads, in touch with various dealers etc but nothing for that I'm looking to spend with the budget available.

 

Does anyone else have any other theories on this? 

SWMBO is also wondering if a Mk3 is really a better car than her Mk2 Face Lift.

 

We have driven all of the new vRS TSi variants as well as one diesel & have not been impressed enough to order a new car, especially as her car has a decent ex-works specification

& reasonable economy despite it's AMD re-map.............

 

We were discussing the whole "what to buy next scenario" this afternoon, & she just didn't enjoy the new model's driving experience enough to spend the size-able wedge of cash

that we would need to change cars.

 

FWIW , shoe does enjoy driving / passenger-ing in my Superb, & loves the 2nd hand VW EOS I bought with the £13K I'd set aside to buy a new vRS.

 

I am allowed to consider a new car next year, possibly replace both Skodas with something sensible / fun to drive, (All new Mondeo / Superb Estate perhaps?) but the EOS is to pampered, IE  tucked away in the garage after Xmas & not allowed out again until the sun returns!

 

I wish that Skoda had been allowed by VW to make the new Octy vRS just a little bit special, pricewise it's close enough to the Golf GTi to consider purchasing the VW if you don't need the extra space to be found in the Octy.

 

I've not checked comparative leasing / contract hire rates / deals recently, but it's quite possible that the VW brand's better residuals might even out the difference in cash prices between the GTi & vRS.  

 

 

DC

I put my Vrs up for sale in January and had no interest as its in sprint yellow, (so people and dealers kept saying) and was offered crap money to px, so by March I decided to keep it as I couldn't find anything else within the Vrs price range that I liked!

Have since put hid's in, changed to black wheels, remapped and will be putting a Columbus in after Xmas.

I've now a rekindled love for it.

I am however saving for a second car as I don't think I can part with this one.

Edited 21 December, 201411 yr by Cyberstaff

It is interesting to see that people are kinda confirming what I've been thinking...that the mk2 is a cracking car and that Skoda are no longer the butt of all jokes. From my point of view I'm disappointed that I couldn't move on the ones I've already seen.

 

I would have thought that what I was looking for I might have stood a chance, even these days.

 

I'm wondering what you guys think...am I looking for something that'll never come along with the budget I have:

Mk2, FL, Octavia vRS, ideally in white, hatchback, petrol, low miles (under 40k), a few toys to keep me entertained...budget is 8750 max.

 

I'll be interested to hear what you think.

If your looking for sub 40k miles then you might have to up the budget a bit.

I spent 3 months searching for mine, I also had a list of requirements ( race blue, DSG, CR170, xenons and columbus ) but got exactly what I was after in the end. If you can wait then I'm sure you will find the one you're after.

I have a 13 plate diesel VRS with 30k. Wouldn't sell for less than £15k. If that gives you an idea of worth?

Obviously an older petrol with lower miles might save you a few £k

Edited 21 December, 201411 yr by Bcc212

If it's a petrol model I shouldn't see a problem you finding one to suit your budget. When I was looking this time 3 years ago there were loads of petrol ones around.

No intention of selling mine even though the dealer has kept ringing...and it's another sprint yellow. Must be the rarity value....

It is interesting to see that people are kinda confirming what I've been thinking...that the mk2 is a cracking car and that Skoda are no longer the butt of all jokes. From my point of view I'm disappointed that I couldn't move on the ones I've already seen.

 

I would have thought that what I was looking for I might have stood a chance, even these days.

 

I'm wondering what you guys think...am I looking for something that'll never come along with the budget I have:

Mk2, FL, Octavia vRS, ideally in white, hatchback, petrol, low miles (under 40k), a few toys to keep me entertained...budget is 8750 max.

 

I'll be interested to hear what you think.

Still sell you mine for 10k

My fl 2012 ex demo which was 8 months old at the time I bought it and they really needed it gone was just over £15k and had dealers price of a £1k stereo upgrade too.

For me to get a mk3 with all the bits I have on my mk2, would be approx £26k.

My car is only booking £11.5k, so it would cost me nearly £15k to change now!

I cannot see another £15k of improvements to even consider moving to a mk3.

£275 gets me a decent remap and takes it to 210bhp, that's all I need. So I'm one of the ones holding onto their mk2

Edited 21 December, 201411 yr by Defenderben

Still sell you mine for 10k

Your going in the right direction Scott...just a bit lower...cash of course

 

I've been looking for about 10 months but have only been in a position since the car went that I'm ready to go. Don't get me wrong there are cars out there but the prices are just a bit too high at the moment. As to why the prices have shot up in the past 6 months is beyond me. 

Because people are hanging on to them.

Your going in the right direction Scott...just a bit lower...cash of course

 

I've been looking for about 10 months but have only been in a position since the car went that I'm ready to go. Don't get me wrong there are cars out there but the prices are just a bit too high at the moment. As to why the prices have shot up in the past 6 months is beyond me. 

White, 10 plate, Petrol vRS, 17,700 miles (hardly ever use it). Just fitted 4 new Goodyear Eagle F1 tyres and 4 wheel hunter alignment 300 miles ago. Not a single mark or kurbed alloys etc and always polished and waxed by hand.

 

All HPI clear etc

 

What else could you want? haha.

Mk2 was a bargain, the Mk3 isn't

 

I traded one mine and laughed at the price they put in on the forecourt for. It sold within two weeks, more fool me.

 

In terms of trade in prices mine only lost £1k in the last 3yr. Dealer went from not being interested to being very keen to get the VRS.

Edited 22 December, 201411 yr by Aspman

My local vw dealer had one for sale a few months ago, lower spec than mine and was asking £3500 more than I wanted 6 months earlier.

It sold!

I should have kept my Blackline. Objectively the 2.0 Elegance is the better (if duller) car but its done an absolute packet in residual loss in 10 months.

My BL at 2 years old with 25k miles would have only traded for about 1.5/2k less than my 10 month old Mk3....and it cost 3k less to buy in the first case.

Just glad its proving reliable and its a PCP...if it doesnt write itself in the next 6/9 months I'll probably VT it.

What are the build quality issues with the MK3 then??