Last post on Aug 14, 2003 at 7:03 AM
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Honda Civic, Volkswagen GTI, Coupe, Hatchback
Dec 14, 2002 (9:11 am)
I would say somewhere around $12,000. It's hard to say. But don't take their first offer if it's not fair. Produce pricing reports from Edmunds, KBB, etc to show what a replacement would cost you.
#495 of 523 Hurray! Hurray!
Dec 14, 2002 (12:28 pm)
Both Edmunds And Kelly BB put the retail on a '99 SI with fairly low millage at over 15K, a little higher than 4 banger GTI, same year and same condition.
I'm pleased, personally and in the context of our discussion.
#496 of 523 Depreciation
Dec 14, 2002 (12:58 pm)
I wonder about the '02 Si.
It looks like it won't be able to hold its value as much as the previous years models.
Dec 14, 2002 (1:01 pm)
You probably won't get retail. You will get whatever they determine fair market value is for your car or the cost of a replacement vehicle. I don't think it will be retail but if they add sales tax in you might be very close.
#498 of 523 Yep, '02 depreciation is gonna be hard to figure
Dec 14, 2002 (1:19 pm)
Interesting to speculate on, given the discounts on MSRP. I figgure it depends a lot on what comes out for '04 and '05.
If some real fun stuff doesn't hit the floors, it's possible we could drive an '02 and sell at at profit 2 years down the pike, LOL. Not likely, granted; but even the possibility is pretty rare.
#499 of 523 edmunds consumer ratings
Dec 14, 2002 (11:07 pm)
More fuel for the fire -- gotta keep the entertainment coming! I don't recall anyone refering to Edmund's consumer ratings of the GTI & Civic. Owners give the 02 GTI an average rating of 9.4 (01 is similar) vs. 8.6 for 02 Civic (admittedly all civic models, not just Si). Also Epinion owners rate their GTIs very high, more so that Civic Si owners. Are these owners on to something?
#500 of 523 Even VW's can last 12,000 miles
Dec 15, 2002 (7:17 am)
Even I would buy a VW if they had 1 year leases. The VW's I have driven would have all earned a 10. Except for the one with the blown transmission.
Additionally if you take off the 1 rating of 1 from the person at the end who said they "rejected the car"(how do you do that?) the Civic has a 9.6 which is more than likely more indicative of the car...
The actual SI only had 16 reviews.
#501 of 523 16 Si reviews re gee35
Dec 15, 2002 (9:26 am)
Maybe Honda has only sold 16 Si's in the 10 months they have been available;)
#502 of 523 Consumer ratings
Dec 15, 2002 (9:34 am)
I didn't look hard enough to find the consumer ratings 204meca gives. I do see on Edmunds 'all Civics' get a 9.0 while "all GTI's" get an 8.5. I think those ratings are hard to compare since "Civics" includes the range of body styles, engines, target markets.
Good point, Gee; short term ownership makes the reliability/durability issue almost irrelevant, and a lease gives one absolute foreknowledge of the depreciation.
LOL, reminds me of my 5.0 Mustang (I loved it). It would have been best to own during miles 2000-45,000 when there were no durability/reliability issues.
Dec 15, 2002 (4:14 pm)
Honda has sold at least 6 here. I know 2 people who own them and see a few on the roads around here so saying they only sold 16 is a bit of an understatement.