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Volkswagen GTI Prices Paid and Buying Experience

198 messages,  Last post on Jul 01, 2008 at 7:34 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Volkswagen GTI, Coupe, Hatchback


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#45 of 198
06 GTI A/T by gold88x8
May 21, 2006 (7:36 pm)
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PLANNING TO BUY 06' :GTI A/T NEXT WEEK ! CAN ANYBODY GIVE ME INFO ON THE PRICE, WHAT IS THE BEST DEAL I CAN GET IN BOSTON AREA !! THANKS IN ADVANCE !
#46 of 198
PRICING by imontoya
May 22, 2006 (11:20 am)
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Well, don't pay over MSRP.
 
Around here you can't get too many price breaks on these cars since they are so new.
 
CarsDirect.com and MSN.com's Autos section can give you an idea about pricing.
#47 of 198
Buying tips by jitteryjoe_246
May 22, 2006 (1:01 pm)
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You might try going to edmunds.com and find the true market value of the car in your area. This should give you a good baseline for competitive prices. Also submit for dealer quotes from edmunds. Usually the first response you get that is not a canned message is worth following up. Internet sales departments usually are more interested in moving inventory so prices are cheaper and there is less haggling involved. Its how I got my GTI.
 
Also check out: http://www.carbuyingtips.com/car1.htm
 
The guy who wrote it seems pretty twisted, but he raises some good points of things to watch out for.
 
Lastly you can get a pricing guide from Consumer Reports that will break down invoice prices, any rebates, and options. For 14 bucks I found it worthwhile. Car salesmen hate it when you walk in and know their prices for everything.
#48 of 198
'06 GTI A/T PRICE by gold88x8
May 23, 2006 (9:15 am)
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TALK TO THE SALESMEN YESTERDAY, HE SAID I CAN GET THE INVOICE PRICE ! BUT FORGOT TO ASK HIM AFTER HANG UP THE PHONE, IF I CAN GET 36 MOS 3.9% VW FINANCE DEAL? THANKS !
#49 of 198
Re: '06 GTI A/T PRICE [gold88x8] by jitteryjoe_246
May 23, 2006 (9:44 am)
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Replying to: gold88x8 (May 23, 2006 9:15 am)

Just remember a lot of dealerships pad their invoice with advertising fees and other stuff that is not on the true manufacturer to dealer invoice. Do your homework and check if there are any manufacturer to dealer rebates. These won't show up on the invoice...nor will the dealer holdback (dealerships get 4% of the car cost back after they sell the vehicle - helps the dealership cope with operating costs). Just make sure your good deal is indeed a good deal.
#50 of 198
Shopping by imontoya
May 23, 2006 (10:51 am)
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Isn't getting any sort of "invoice" price a good deal on a new on the market car? I cannot get below MSRP here in the Seattle area. So do those aforementioned sites list true invoice price? Now I am confused. And gold88, turn off the CAPS lock.
#51 of 198
Re: Shopping [imontoya] by jitteryjoe_246
May 23, 2006 (1:31 pm)
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Replying to: imontoya (May 23, 2006 10:51 am)

In most cases invoice price is a good deal. In the GTI's case it's a new car with moderately strong sales with no manufacturer to dealer rebates (at least that I can find) - so invoice should be pretty good.
 
However if the market you live in is showing strong sales expect to pay more. But if you were buying a car that was a bomb (say a pontiac aztec) invoice price would have been a terrible deal. Infact the Chrysler Crossfire is being offered currently with a 5000 rebate to the dealer, but the dealer doesn't advertise that.
 
When a dealer shows you their 'invoice' this may not be the true manufacturer to dealer invoice. Dealer invoices have been known to include advertising fees or car prep fees. If you read the invoice and you see these fees, you know the dealer is padding the invoice.
 
You need to find the actual cost of the car to the dealer, which is pretty easy with the edmunds tool or the consumer reports ... report. The only thing those resources exclude is the dealer holdback (typically 3-4% of the vehicle cost).
 
While according to the dealer I 'paid invoice' I actually paid the dealer invoice which included an advertising fee and some other fee. The price I paid worked out to 4% over actual dealer cost for the vehicle (true invoice), which was fair for my market area. I was happy with the deal and there was no haggling. Since my previous car was stolen I was actually on a very tight timeline to buy a new car (but I didn't let the dealer know that!).
#52 of 198
Re: Shopping [jitteryjoe_246] by gold88x8
May 23, 2006 (8:10 pm)
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Replying to: jitteryjoe_246 (May 23, 2006 1:31 pm)

Thanks for valuable info ! I think I got some idear on how to do my homework now !!
#53 of 198
Re: Shopping [jitteryjoe_246] by gold88x8
Jun 09, 2006 (9:15 am)
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Replying to: jitteryjoe_246 (May 23, 2006 1:31 pm)

finally we got the '06 new GTI pk-1, united gray for my son just in time for his grad ! we really happy with the new car, we quote the price from internet,through 5 dealership that really close to the invoice price, inspect the car test drive the car, got 10 miles on it,fair enough ! then pay for it and do 3.9% at 36 mos finance through the dearler ! pick up the car next 2 days ! things are going pretty smooth for us. thanks !!

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