I have got my sights on an Estate VRS230, and after options comes out at £28,960 OTR. I am concerned that at this price I could be hit quite heavily on depreciation. Those of you guys already sealed deals on a VRS/VRS230, should I expect to negotiate a fair bit off this??.....will be a straight buy outright scenario. Any recent experiences much appreciated. Thanks in advance.

Get yourself on car wow or drive the deal and see what deals they have.

Get yourself on car wow or drive the deal and see what deals they have.

Thanks, now at £25,500!!!

Buy it on a PCP or PCH if you want to know the depreciation up front.

Guess it depends how long you intend to keep it. Short term 3-4 years depreciation is a problem, longer term not so much.

£25k is a lot for an Octavia, all be it a nice one.

A good Superb is less than that.

Thanks, now at £25,500!!!

I used DTD for my Cupra. Absolute perfect transaction with chosen dealer and saved me £5500 on RRP.

Thanks, now at £25,500!!!

It really hurts to see how cheap the rest of the world gets a car.

I paid close to £44k for my 1,8tsi 4x4..

Please tell me you didn't pay 44k for a skoda?

Please tell me you didn't pay 44k for a skoda?

You would'nt want to know what Id have to pay to pay for a similar specced Audi or merc......

If the £29k didn't bother you and your looking for a fast estate....maybe worth getting a Carwow quote for the Golf R Estate.  I suspect you might get it for around the same price, you'll have 300bhp, AWD, and better value retention.

 

Food for thought!

 

If the £29k didn't bother you and your looking for a fast estate....maybe worth getting a Carwow quote for the Golf R Estate. I suspect you might get it for around the same price, you'll have 300bhp, AWD, and better value retention.

Food for thought!

It would come with no options at all to get a price around £30k.

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Buy yourself a 220 and save a couple more thousand - plus it gets more useable features as standard i.e. roof rails!!!

Buy yourself a 220 and save a couple more thousand - plus it gets more useable features as standard i.e. roof rails!!!

All what is extras on the 230 I would want on a 220, thus is cheaper to go for the 230. Roof rails are std on the 230, are they not??! Thought there has been 1 isolated incident where they were not fitted???

It really hurts to see how cheap the rest of the world gets a car.

I paid close to £44k for my 1,8tsi 4x4..

I just paid $46,000 Australian Dollars 2days ago.

But a VW is $15,000 more..so well priced I think?

It would come with no options at all to get a price around £30k.

 

True.  I got quoted £32,160 for the Golf R Estate after adding £2,410 worth of options, just depends if you need them - it's fairly well kitted out as standard.

For me, it'd need to have the adaptive chassis option for another £830 and sat nav (oddly not included standard in the R).  For better residual value, it could be an idea.

That aside, I'd still say the Octavia is definitely worth the new price, it's an exceptionally good car, but depreciation is too painful, unless your planning to keep it for several years.

 

Sort of linked to this.  Looking to change my 2013 (63)  vRS (manual, petrol, 18k, excellent condition), standard less black design pack, privacy and colour maxi, so have been touring the stealers.  

The PX they are quoting is (IMHO) taking the proverbial and below book.  I have looked on Autotrader today and there are no cars like mine available from my year, the nearest being a 64 DSG model, which has less miles and is from a dealer but is over £18k.

 

Do you think I would have any trouble shifting mine privately (supply and demand) and what would you realistically think of asking/getting?

Cars & depeciation! its always the same, painful but cheaper than wives, chopping one of them in for a younger model is eyewateringly (if thats a word) expensive

0-3 years is gonna cost you half but,

3-8 years is only gonna cost you a third

In the long run your gonna pays your money and takes your choice.

my last two vrs made a small profit on trade in at 18 months and 3 years towards the next car. 

 

My current VRS is worth about 10p..

All cars depreciate! Some worse than others. My previous Skoda's have all held their price well, my mk2FL only loosing 50% of it's value at just over 5 years old. My fabia mk1 vRS had 30% after 8 years needing a new clutch, tyres and bodywork.

The mk3 will probably have 30% at 3 years old. The outset price and current buying tread is the reason for this. But 3 years time that could change.

Maybe you could consider Leasing?

Depreciation.....or in truth the equity situation on the O3 is about the worst Ive encountered on the three new Skoda cars I have purchased in the past few years. Cars are a mugs game and they all depreciate and cost us money but the O3 has proven particularly bad on that count.

Skodas change to selling cars at higher RRP's and providing customer incentives through v low/zero interest finance arrangements....plus the general oversupply of vehicles into the used market due to their initial and continued popularity has just borked residual values on these things.

If there were less of them around firming up used values and they were being sold with VAT levels of discount on their existing RRPs be far less issues with the residual value deficit/neg equity....in fact id rather be paying the interest.

I bought mine over 42 months, 0% with v little deposit...the deal made it affordable monthly due to no interest but as ive paid book price for the car rather than 20% less as I have with previous cars its left me with a **** ton of neg equity and am now effectively stuck with the car. Paid 23k, owe maybe 16.5k now and its barely worth 12k after 20 months of ownership. Had I paid about 18.5k for it and paid interest on the loan id probably be breaking even about now.

The VAT deals were great.....be good if Skoda bought them back as they work pit much better for PCP purchases IMHO.

Next time I am gunning for fat discount on a car or will PCH for maybe 2 years short term commitment. This experience has really sourered PCP for me.

Please tell me you didn't pay 44k for a skoda?

Maybe you're on the wrong forum ? Who are you to say what he should and should not spend his money on ? I've had people say this to me and rightly or wrongly it gets my back up.. Do you think people spend this kind of money without any research ?

Maybe you're on the wrong forum ? Who are you to say what he should and should not spend his money on ? I've had people say this to me and rightly or wrongly it gets my back up.. Do you think people spend this kind of money without any research ?

 

 

Hang on Nick, sounds like its a sensitive spot for you. I'm about as entitled to ask a question as you are entitled to buy what you want with your own money. It was said in a light hearted way (maybe you read in a snort of derision where there was none?) but you have to admit, 44 thousand pounds on a Skoda is quite an achievement. I'm not even sure how that's possible? Unless it's that monster 4x4 280 Superb.......

Edited 29 October, 201510 yr by Mallettsmallett

Depreciation.....or in truth the equity situation on the O3 is about the worst Ive encountered on the three new Skoda cars I have purchased in the past few years. Cars are a mugs game and they all depreciate and cost us money but the O3 has proven particularly bad on that count.

Skodas change to selling cars at higher RRP's and providing customer incentives through v low/zero interest finance arrangements....plus the general oversupply of vehicles into the used market due to their initial and continued popularity has just borked residual values on these things.

If there were less of them around firming up used values and they were being sold with VAT levels of discount on their existing RRPs be far less issues with the residual value deficit/neg equity....in fact id rather be paying the interest.

I bought mine over 42 months, 0% with v little deposit...the deal made it affordable monthly due to no interest but as ive paid book price for the car rather than 20% less as I have with previous cars its left me with a **** ton of neg equity and am now effectively stuck with the car. Paid 23k, owe maybe 16.5k now and its barely worth 12k after 20 months of ownership. Had I paid about 18.5k for it and paid interest on the loan id probably be breaking even about now.

The VAT deals were great.....be good if Skoda bought them back as they work pit much better for PCP purchases IMHO.

Next time I am gunning for fat discount on a car or will PCH for maybe 2 years short term commitment. This experience has really sourered PCP for me.

You'll always be in negative equity on a PCP if you try to get out early.

You'll always be in negative equity on a PCP if you try to get out early.

nope. Not with the past cars.

As above I traded in my mkii vrs at 18 months with credit in the car towards the mkii facelift. Only had 1 month deposit down on that one too.

The mkii facelift was traded at 3 years into a 3.5 year Pcp and had about 500 credit towards the new one

Mkiii is 2 years in and currently in the same position as pip. 16.5k owing and worth 13.1k at trade in quote the other week. (I was enquiringly about swapping for a superb)

It's the first time I've had my ass handed to me on a Pcp so I'm wondering what to go for when I get out of the current deal. Might have to go back to a company car

OP, what prices have you got don to so far?

nope. Not with the past cars.

As above I traded in my mkii vrs at 18 months with credit in the car towards the mkii facelift. Only had 1 month deposit down on that one too.

The mkii facelift was traded at 3 years into a 3.5 year Pcp and had about 500 credit towards the new one

Mkiii is 2 years in and currently in the same position as pip. 16.5k owing and worth 13.1k at trade in quote the other week. (I was enquiringly about swapping for a superb)

It's the first time I've had my ass handed to me on a Pcp so I'm wondering what to go for when I get out of the current deal. Might have to go back to a company car

What does we buy any car value your car at?

Any better than that dealer?