My 2017 SKODA KODIAQ EDITION 1.4TSI 150 DSG  3 year lease is due to end in June 2020.

 

I have asked for a quote on if I wanted to purchase the car in March 2020 and they have advised it would cost £22,200

 

Mileage: 20,000

 

Colour - QUARTZ GREY
Leathers - BEIGE
Extra Options -

Isofix Front Passenger Seat
Elec Child Saftey Lock
Park Assist
Media Command

Lane Assist with Blind Spot Detection

Carpet Mats

 

Is this price reasonable?

That is about Main Dealers asking price now, & by March the Asking prices drop as more come back in from being leased.

Those cars if Skoda Approved Used have 12 months warranty.

 

You know the car, but it is not a Much Cheapness bargain. 

Put the reg into we buy any car and see what they offer

 

that gives you an idea of valuation

 

then it’s worth about 2000 more than that 

 

 

 

 

 

 

1 hour ago, SimonAudi said:

Put the reg into we buy any car and see what they offer

 

that gives you an idea of valuation

 

then it’s worth about 2000 more than that 

 

 

 

 

 

 

this...

let us know what it says 

1 hour ago, ChinChiminey85 said:

this...

let us know what it says 

£20845 - I assume it is not taking into account any of the options I added to it?

13 minutes ago, chris1012 said:

£20845 - I assume it is not taking into account any of the options I added to it?

Possibly not, but options don't always make a difference to trade in or second-hand value.

2 hours ago, SimonAudi said:

Put the reg into we buy any car and see what they offer

 

that gives you an idea of valuation

 

then it’s worth about 2000 more than that 

 

 

 

 

 

 

Well if your happy with it then keep it

 

my view is it’ll be the best second hand car you’d ever buy as you are it’s history 

Edited 7 January, 20206 yr by ChinChiminey85

I have to say that feels a little expensive in my opinion.

 

Of  course you know the history, but I reckon you could get a new one for £7-=£8k more. 

 

£7k depreciation over 3 years?  

^^^ There is the rub. 

A Bird in the hand,

can be worth more than getting some crappy new bird / or some Australian thing that carries its young in a front pocket.

 

More desirable really in some peoples mind is the 1.4 TSI running perfectly rather than the Lottery of a new 1.5TSI / DSG.

Edited 7 January, 20206 yr by Roottootemblowinootsoot

So in March - they want a settlement figure of 22,200

 

We buy any car today offer you 20,845 - there is another 2 months depreciation before March - so their offer in March would be around 20,400

 

So the price of 22,200 from Skoda Finance - seems to be full value of teh car - so they are not doing you any favours.

 

I just ended my lease on my Yeti - that was SEL Drive with nearly every extra - list New was 27,500 - I paid 26 rentals of around 360 pounds - (plus 45 maintenance)

 

So they took £9360 in rent - the Preferential Settlement figure to my dealer (he bought car - so bought me out of the remaining lease) was 13,071 including VAT

 

So Skoda via the preferential settlement lost about 5,000 off list price.. but I assume as the Yeti value was less than planned due to it being Diesel...

 

Anyway - the we buy any car price for the car was 13,185 - so their offer was close on the preferential settlement offer...

 

So if you have a friendly dealer - maybe they can request this preferential settlement offer - buy car and sell it to you?  how preferential it is to your offer - I do not know...

 

Or as above buy new.. not 100% your spec - but close - then with another 3 year warantee...

 

 

 

 

 

19 hours ago, chris1012 said:

My 2017 SKODA KODIAQ EDITION 1.4TSI 150 DSG  3 year lease is due to end in June 2020.

 

Buy it, the 1.4 TSI is a brilliant engine, well proven too. No GPF, no WLTP strangulation, no need to do Skoda's road testing and glitch discovery for them.

 

The 1.5 TSI is far from perfect, so if you're considering buying new then remember the new Kodiaq might not be as appealing as the outgoing one, there is a value here, even if it isn't monetary.

 

Skoda have just implemented a whole host of stingy cost cutting on the Kodiaq too, so for me current cars are more appealing.

 

Finally, no one knows your current car better than you, if it's a "good' un" then it is worth more to you than anyone else.

Thanks for your responses.
Can I ask to negotiate the price, include part exchange and ask them to include extra warranty?
I will be buy the car for my father so any way of reducing the costs would be great.

Just to add, I have paid 30 months of £400 a month (3 months up front).

If I paid the 22,200 in March the cost of the car including all the payments will be around 35k in total.

 

6 minutes ago, chris1012 said:

Thanks for your responses.
Can I ask to negotiate the price, include part exchange and ask them to include extra warranty?
I will be buy the car for my father so any way of reducing the costs would be great.

Just to add, I have paid 30 months of £400 a month (3 months up front).

If I paid the 22,200 in March the cost of the car including all the payments will be around 35k in total.

 

 

No harm in trying to negociate, but some operate a take it or leave it, fixed price policy

 

As others have said, price is similar to a main dealer, but you know the history, and don't have the hassle of changing it if you take it.   

If you don't buy it then you will be subject to any lease extras (excess mileage, damage repairs etc)

 

Another option may be to ask about a lease extension (3 -12 months), then you will have to do some maths of extra costs versus guessing a price they may (or may not) sell it to you for at a later date

Quote

I will be buy the car for my father 

Slight hijack, but I wish I had a son who'd buy a car for me 🤔

Another way to get a valuation for your car is to ask Honest John, who I think is a bit more honest than Webuyanycar who are owned by British Car Auctions.

https://www.honestjohn.co.uk/

Open this link and scroll down a little until you come to the Free Car Valuation section. Enter your reg and follow the instructions - it's very easy. This won't take into account your extras, but as already mentioned in a way, salesmen brush aside your extras in a part exchange situation because they're peculiar to you.

You might find this thread useful that I created when I was considering purchasing my leased (PCH) Octavia last year...

 

 

Motorpoint currently have 32 Kodiaq’s for sale presently. Motorpoint.co.uk. You can get an idea for comparison. Feels a tad steep to me however if the car has served you well with little or no problem and you know the history and cared for it from new that is of value in itself.

 

On 08/01/2020 at 12:30, silver1011 said:

 

Buy it, the 1.4 TSI is a brilliant engine, well proven too. No GPF, no WLTP strangulation, no need to do Skoda's road testing and glitch discovery for them.

 

The 1.5 TSI is far from perfect, so if you're considering buying new then remember the new Kodiaq might not be as appealing as the outgoing one, there is a value here, even if it isn't monetary.

 

Skoda have just implemented a whole host of stingy cost cutting on the Kodiaq too, so for me current cars are more appealing.

 

Finally, no one knows your current car better than you, if it's a "good' un" then it is worth more to you than anyone else.

 

 

Honestly as someone who has owned both engines, I can say that they are pretty much identical.  *shrugs*

 

Maybe the early units had issues but mine (MY 20) has none so far.

Edited 9 January, 20206 yr by xspartx

^^^ How it should be.

The thing with VW Group when they introduce a new engine and then have to introduce the likes of a GPF you never know how they are after 3 years until 3 years has passed as they use the Buying Public as the road tester for the real world, they only use Their Road Testers to get them through the WLTP / RDE and now the RDE2.

40 minutes ago, xspartx said:

 

 

Honestly as someone who has owned both engines, I can say that they are pretty much identical.  *shrugs*

 

Maybe the early units had issues but mine (MY 20) has none so far.

 

There were, and continue to be some horrendous stories on the 1.5 TSI across the Karoq, Kodiaq and Octavia models.

 

I'm glad yours is one of the good ones, they definately do exist.

 

Unfortunately, I am the suspicious type and deliberately bought one of the last 1.4 TSI Kodiaq's not knowing what the 1.5 TSI was going to be like. I'm glad I did.

 

If yours drives as smoothly as the 1.4 TSI then you've likely got a good one.