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Car Values (VW group)

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Thought I would start a seperate thread.

 

Do you think this VW crisis will affect the sale of cars and will it affect a trade in values.

 

I think there some nice bargains to be had over the next few months.

 

I have a VW Golf GTD MK7 - '14 Plate. 40k Miles. FVWSH.  I bet that's worthless now!

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I have a VW Golf GTD MK7 - '14 Plate. 40k Miles. FVWSH.  I bet that's worthless now!

 

Please don't exaggerate - it is not worthless I will give you what it worth as scrap. £300 do it   ;)

Please don't exaggerate - it is not worthless I will give you what it worth as scrap. £300 do it   ;)

 

i can give you £500

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i can give you £500

 That's just ridiculous.

I can see values being hit in the short term due to the uncertainty.

I'm hoping to pick up an RS3 for a snip.

Personally I don't think it will make much difference at all. Car buying is about so much more than emissions. In some ways it might increase values as demand goes up because people 'think' they will get a bargain

Personally I don't think it will make much difference at all. Car buying is about so much more than emissions.

Agreed.

Only reason most people care is because of the cost of road tax.

Not too bothered about its actual polution levels, and certainly not gonna be buying a diesel if they were...

Edited by fabiamk2SE

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Agreed - it is more than about the emissions and it does not put me off if the particular car I wanted cost £200 in road tax then I would be happy to pay.

 

But will owners be happy about a car that goes from £0 to £150 plus for road tax not a lot I know but it will surely pee off  a lot of owners as they are buying these cars as it costs them £0 for road tax.

 

I am currently looking for a car and it's a big selling points with salespeople great car sir and it's either £0 or £30 road tax.

How many other shortcuts have they done in the last few years ?

For company car drivers like myself its certainly going to affect the sale of cars as we take into account emissions as our BIK tax is based on it.

 

This could make a difference of between several hundred pounds a year to maybe over a thousand a year, so depending what the outcome is it could wipe out a huge amount of VW Group sales. I suspect they'll sort it out pretty quickly but short term they'll suffer.

The Media keep speaking about those that bought cars and any drop in value.

Well those people might well consider if they are to be effected by VW's actions and behaviour.

 

As to those that Rent a Car and VW Finance own that car because the Driver has the lease and is handing it back,

then the Finance Companies are the ones that need worry.

 

So just how many VW or Seat, Audi or Skoda diesels if any are effected are due to be going back to a dealer soon will be interesting.

 

Then they can be bought hopefully cheaply by people fully aware of what they are.

2 or 3 year old Volkswagen Group 2 litre Turbo Diesels.

Thing is though, if they end up re-calling them all and have to put the lower emissions software on permanently and that lowers the power then what happens with people that have paid for a car with 140 BHP and it no longer has this?

Truth of the matter in the UK is you probably need 50 bhp to travel in towns and at 60-70 mph in UK National speed limits 100 BHP will be more than enough unless you are towing.

 

the 140 bhp quoted will be a Minimum in roW, and for those travelling only in the UK where you are never going to be above 3,500 foot above sea level or at Ambient Temps above 35*oC the cars will perform just fine once the VWG does any Software Updates if required.

If not then they will need to replace cars.

 

Diesels especially VW 2.0 l TDI's are not short of Torque and i am sure that most will be able to progress safely enough in modern traffic speeds until they change the car for a petrol one.

If any driver needs to use their car for Track Days and Sporting Events, VW can provide a Switchable Map 

free, they know how. they have Racing Experience & Heritage.  just dont expect Ex CEO Martin Winterkorn to know anything about this.

Agreed - it is more than about the emissions and it does not put me off if the particular car I wanted cost £200 in road tax then I would be happy to pay.

But will owners be happy about a car that goes from £0 to £150 plus for road tax not a lot I know but it will surely pee off a lot of owners as they are buying these cars as it costs them £0 for road tax.

I am currently looking for a car and it's a big selling points with salespeople great car sir and it's either £0 or £30 road tax.

Can they just put the tax prices of said cars up like that though? Theyve been as they are for 10 years and cars dont last forever.

If they can, you really do have a case against VW for taking legal action and getting compensation imo.

If you think about it, it could have an effect on every manufacturer out there...... after all who do you trust now? 

 

VW have been found to be doing this, so far! .. I am damn sure they will not be the only one ... At least if you own a VW/Audi you know about it, if you go and buy anything else, how do you know? 6-12 months down the line a whole load could be under the spotlight... 

 

Give it a few months and it will be like everything else... forgotten... 

 

I don't think it will effect the UK VED rates, these are based on CO levels not nOX levels which is the issue, and if it did I would expect VW to pay compensation to cover this... 

Sales will drop but prices won't.

 

And any drop will be short lived. People have short memories.

 

VAG might move to make more money from their non-VW brands since most people are thick and won't associate VW with Audi, Skoda, Seat etc.

They will need to act quickly and confirm if UK cars are affected or not, and if they are, what they are going to do about it.

I'm in the market for a new car and a Passat 2.0 TDI (2011/2012) is one that I'm looking at but at the moment I'm not going to commit to one and I'd imagine I'm not alone.

Edited by StreetHawk

This must be why so many people are trying to get into Germany to get a cheap VAG motor.

Agreed - it is more than about the emissions and it does not put me off if the particular car I wanted cost £200 in road tax then I would be happy to pay.

 

But will owners be happy about a car that goes from £0 to £150 plus for road tax not a lot I know but it will surely pee off  a lot of owners as they are buying these cars as it costs them £0 for road tax.

 

I am currently looking for a car and it's a big selling points with salespeople great car sir and it's either £0 or £30 road tax.

 

Yeah I don't get that sales tactic either - I mean the cost of the tax on the whole ownership cost is bugger all...

I don't think people are that bothered about the tax band really, if it's in a low tax band then that's just a nice little bonus..

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I see VAG like Apple and other too big to fail co's, I'm actually toying with buying some shares, don't have any of anything and when this broke, that was my first, maybe 2nd thought ... oddly share trader never came up as a career path ...

 

This time next year when the news and memes are off facebook, people will be buying again.

 

I think the current situation is a potential arm twister on any deals, 2nd hand, new... but it' won't last that long imho, there will be a sweet spot where dealers can tough it out as it will blow over and eeek we've got to pay the milk bill this month as no one's brought anything.

They will need to act quickly and confirm if UK cars are affected or not, and if they are, what they are going to do about it.

I'm in the market for a new car and a Passat 2.0 TDI (2011/2012) is one that I'm looking at but at the moment I'm not going to commit to one and I'd imagine I'm not alone.

Why would USian emissions test regimes affect EU cars beyond possibly having software that will never be activated in the EMS?

Who knows, hopefully VW will confirm asap.

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