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Volkswagen Jetta Wolfsburg

15 messages,  Last post on Mar 20, 2009 at 5:33 PM

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#10 of 15 Re: buy the Wolf lol [fho2008] by betteb Mar 12, 2009 (8:09 am)
Replying to: fho2008 (Mar 12, 2009 6:55 am) KBB gives a 2008 Wolfsburg with only 5k miles a worth of about 12.5k. I've never gotten KBB on any trade, so I am assuming it's lower in the real world. I have no idea why depreciation on this model is so steep. Replies to this message: jeffyscott (Mar 12, 2009 9:40 am)
#11 of 15 Re: buy the Wolf lol [betteb] by jeffyscott Mar 12, 2009 (9:40 am)
Replying to: betteb (Mar 12, 2009 8:09 am) I see that for "fair" condition, but that is described as:   Some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. Clean title history, the paint, body and/or interior need work performed by a professional. Tires may need to be replaced. There may be some repairable rust damage.   That seems like pretty crappy condition for a car that new. Excellent condition trade in is about $14,500. Unless one is prone to trashing their new car, I would expect a 2008 with 5K mi to be in excellent condition.
#12 of 15 wow by fho2008 Mar 12, 2009 (9:49 am)
Something isnt right. Who would take a $10k loss after 5k miles? This isnt a gas guzzling suv, this is a GLI in, I'll say it.....wolves clothes......(drumroll) hey I'll be here next friday.    Look at ads for VW's.    Ask your friends what a Wolfsburg is.    I know I have a great car that is fun, has a ton of stuff standard that most dont have as options........I went in wanting a diesel, still do, until then, I'll have fun with my Wolf. Replies to this message: betteb (Mar 12, 2009 10:05 am) jeffyscott (Mar 12, 2009 6:53 pm) betteb (Mar 20, 2009 5:33 pm)
#13 of 15 Re: wow [fho2008] by betteb Mar 12, 2009 (10:05 am)
Replying to: fho2008 (Mar 12, 2009 9:49 am) jeff is right...however, I have NEVER received an "excellent" value for my trade..most dealers offer somewhere below "good" if using KBB. This car has incredibly steep depreciation...when I looked into it some more, I saw that the Yahoo message boards are full of "Great car, but worth about 10k less after two years." Honestly, I'm not trying to provoke a fight, or even imply that I am in any way a car whiz, but...the depreciation on this car is incredibly bad. I have owned two VW models, and they held their value pretty well. I have no idea why this model doesn't. That, and the somewhat harsh ride are keeping me from signing on the dotted line.... Replies to this message: jeffyscott (Mar 12, 2009 6:53 pm) betteb (Mar 20, 2009 5:33 pm)
#14 of 15 Re: wow [betteb] by jeffyscott Mar 12, 2009 (6:53 pm)
Replying to: betteb (Mar 12, 2009 10:05 am) What are these actually selling for though...surely you are not looking to pay MSRP. Edmunds has reported that the average car sold for something like 20% off MSRP in Jan, IIRC. That would mean $4K off the average $20K car.   Of course, if you get 0% for 36 months that is probably costing VW around $2000. So maybe you effectively would pay around $18K ($20K plus $2000 savings from 0%) and trade in after a year is around $13K??? So maybe it's $5k depreciation?   Fitzmall has a couple of these listed with internet price of about $3K off MSRP. Replies to this message: betteb (Mar 20, 2009 5:33 pm)
#15 of 15 Re: wow [jeffyscott] by betteb Mar 20, 2009 (5:33 pm)
Replying to: jeffyscott (Mar 12, 2009 6:53 pm) The best APR VW was offering was 3.9%. I was not financing. Of course I was not paying MSRP. This is a limited production model with an even more limited amount of buyers. Depreciation, no matter how you make up numbers, is very steep. Pass.

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