64 messages,
Last post on Oct 11, 2009 at 6:57 AM
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Volkswagen Jetta Forum.
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Volkswagen Jetta, Sedan
#10 of 64 Re: buy the Wolf lol [fho2008]
by betteb
Mar 12, 2009 (9:09 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.
#11 of 64 Re: buy the Wolf lol [betteb]
by jeffyscott
Mar 12, 2009 (10:40 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.
Mar 12, 2009 (10:49 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.
#13 of 64 Re: wow [fho2008]
by betteb
Mar 12, 2009 (11:05 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....
#14 of 64 Re: wow [betteb]
by jeffyscott
Mar 12, 2009 (7:53 pm)
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.
#15 of 64 Re: wow [jeffyscott]
by betteb
Mar 20, 2009 (6:33 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.
#16 of 64 Volkswagen Jetta 2007 Wolfsburg Edition
by edpp
Oct 11, 2009 (6:59 am)
#17 of 64 VW 2007 Wolfsburg Edition Jetta
by edpp
Mar 14, 2007 (11:38 pm)
I bought my car and as soon as I got it noticed that clock ran like REALLY FAST, contacted dealer which did not know what to do, later they and I contacted VW of America, it has been 3 months and nothing has been done to fix it. I need this to be fixed I did not buy a new car to have it not WORK!!!! Anyone else with the problem???
#18 of 64 Re: VW 2007 Wolfsburg Edition Jetta [edpp]
by classicjetta
Mar 26, 2007 (9:36 am)
This is a very common problem unfortunately. I have an 06 Jetta and it does the same thing. AFAIK, there is currently no fix for it. There was a TSB for this problem on the Touareg, but my dealer refused to run the procedure on the Jetta. (Stupid, I know). I just live with it. It does make you arrive early to your destinations though.
#19 of 64 POSSIBLE NEW PURCHASE
by spaschos
May 26, 2007 (2:40 pm)
Hey!
I'm new to posting here on edmunds and had a question or 2. I'm looking at buying the 2007 Wolfsburg Jetta. I have been told nothing but horrible things about the Jetta, save a couple of friends who love their VW's. What is some of your opinions on the car?
Is the Jetta a
?