| GimpCivic |
| (Sr Member) |
| 03/01/15 11:33 AM |
What's a reasonable price for my 2007 VW GTI?
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Hi there. Just bought a new car and have a chance to trade in the GTI and need help deciding the value of the car. Here are the specs:
Original owner bought from Georgetown VW
2007 GTI 5 door
98,000 KM
6 speed manual
Candy white exterior
Plaid cloth interior
Comes with 3 sets of OEM rims (16" winters, 17" Stocks and 18" Huffs)
Body has no rust
Maintenance up to date
New brakes and rotors just done
I've checked trader and the prices are all over the place from 8000-13000. KBB says trade in value is 9000 on the low end.
The dealer said they will offer wholesale value. Not sure how much lower that will be.
Thoughts?
| Risky Business |
| (Post Master Supreme) |
| 03/01/15 12:28 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Pics would help, sounds like a clean car and I am pretty sure the right person will pay at the top of your listed range for it. Depends how quickly you want to sell it. IMO the car should easily fetch 10k+
What did you get to replace it?
| GimpCivic |
| (Sr Member) |
| 03/01/15 03:37 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: Rinky Business
Pics would help, sounds like a clean car and I am pretty sure the right person will pay at the top of your listed range for it. Depends how quickly you want to sell it. IMO the car should easily fetch 10k+
What did you get to replace it?
What did you get to replace it?
Thx Vas. Picked up an X3 M sport for the wife and the new born. M3 is too small once you jam in the stroller and other baby stuff.
No rush to sell but hate to keep it insured. I had a bit of time and googled wholesale pricing...apparently dealers will use something called the Canadian Red Book to value trade-ins, which is a paid service. Apparently a free proxy for this can be found here: vmrcanada.com. Looks like it's worth ~$8500 so we will see what they offer.
Btw the GTI looks exactly like this but white :P lol
| zc911 |
| (Post Master Supreme) |
| 03/01/15 03:52 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Congrats on the baby and new car!
Don't tell the dealer about all the extra rims, they won't give you any extra, if you do trade it in, give them stock only and sell the rest yourself.
It sounds like a nice car, how long do you have before you need to decide on trading it in or not?
I agree with vas, more than 10k private sale is not out of the question
| GimpCivic |
| (Sr Member) |
| 03/01/15 04:16 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Thx Rob and thanks for the tip on the rims. These will be easy to unload. The car on the otherhand would take time and patience. If I had the time I'd find the right buyer but with a new baby and work my free time is almost non existent.
I have until next Sat to decide if I want to trade it in. If they are close to 10k inclusive of the tax savings on the new car I'd unload it.
| Hatorade |
| (Post Master Supreme) |
| 03/01/15 05:42 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Yup my deciding factor with the 335d on selling private vs. Trade was based on tax savings as well. T&C used vmr. So that would be a good site to use as a baseline.
Hanging on to the M3? Is it auto or stick?
| GimpCivic |
| (Sr Member) |
| 03/01/15 06:46 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: Hatorade
Yup my deciding factor with the 335d on selling private vs. Trade was based on tax savings as well. T&C used vmr. So that would be a good site to use as a baseline.
Hanging on to the M3? Is it auto or stick?
Hanging on to the M3? Is it auto or stick?
Definitely hanging onto the auto M3...well unless gas prices goes up to $2/litre. In the short time since I've owned it, I havent found it to be as fun or engaging as driving the GTI. Maybe a few track days is needed to really appreciate the car for what it is.
| Hatorade |
| (Post Master Supreme) |
| 03/01/15 07:44 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Haven't driven a gti, but I know what you mean. The car is fairly isolated and the steering could be better for feelz
| A2B-Lexus |
| (Post Master Supreme) |
| 03/02/15 09:16 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Def sell the rims separately. Depending on what the dealer is offering, it may not be worth the hassle to sell privately. Considering you have family and kids, if it was a within $1k, I'd just sell it to the dealer. The rims will make up the diff. Good luck.
| GimpCivic |
| (Sr Member) |
| 03/03/15 07:23 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Quick update...dealer offered $6k. Going to take your advice and sell it privately.
| Hatorade |
| (Post Master Supreme) |
| 03/03/15 07:28 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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I'll give u $6k loL
| GimpCivic |
| (Sr Member) |
| 03/03/15 07:53 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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That's an offer I'd expect from rfd
| Hatorade |
| (Post Master Supreme) |
| 03/03/15 09:13 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Ouch!
| Risky Business |
| (Post Master Supreme) |
| 03/04/15 07:31 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Dealership scum
GimpCivic - check your pm.
| Euphoricuck |
| (Post Master Supreme) |
| 03/04/15 08:41 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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I could use it. Ill give you $5k
| Senor Eduardo_82 |
| (Post Master Supreme) |
| 03/04/15 08:47 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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$3500, CASH!
I can give you half now, and half when I get paid in two weeks if that's okay.
| A2B-Lexus |
| (Post Master Supreme) |
| 03/04/15 08:58 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Group buy. We'll be nice to the OP, $1000 each buys you a day of the week.
$6k is CRAZY lowball. My 2002 Civic EP was $3500 before tax.
| Euphoricuck |
| (Post Master Supreme) |
| 03/04/15 09:05 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: A2B-Civic
My 2002 Civic EP was $3500 before tax.
| A2B-Lexus |
| (Post Master Supreme) |
| 03/04/15 09:13 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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The shape was ok...wasn't stellar.
| GimpCivic |
| (Sr Member) |
| 03/04/15 10:35 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Vas - replied to your PM.
Hatorade - sorry, I went too far with the RFD comment :P
Euphoric & eddie - pool your money and you can time share the car with each other lol
A2B - $3500 isn't bad for a 13 year old EP3.
| A2B-Lexus |
| (Post Master Supreme) |
| 03/04/15 11:01 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Thats what I am thinking......don't need the hassle and low ballers for an extra $1000 maybe. Low kms or not, it was a good run.
Originally Posted By: GimpCivic
A2B - $3500 isn't bad for a 13 year old EP3.
| GimpCivic |
| (Sr Member) |
| 03/16/15 03:50 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Here's an update from my first experience selling a car privately.
I took a few cellphone pics of my car and listed the car for $9,500 on both on Kijiji and Autotrader. Comparable cars ranged anywhere from $10,500 to $12,000 with the higher priced cars from dealers. I think it was Faraz?
I got quite a bit of interest (40+ separate calls/emails equally split between trader and kijiji) for the GTI likely due to the below market listing price and excellent condition and low KMs. I didn't have time to allow interested parties to come test the car and have it checked out by their mechanics. Instead I was fair to all parties and said the first one to meet me at said location with the $ gets the car.
3 interested buyers showed up and I sold it for $9500. There was one party that wasn't able to make it and offered over asking But I didn't have time for that.
Things that helped the transaction go quick:
-having the UVIP, safety certificate and e-test work done
-unoffensive pricing
Anyway, in the end I'm glad I didn't trade it in to the dealer for $6,000!
| Risky Business |
| (Post Master Supreme) |
| 03/16/15 06:23 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Congrats
That's how I approach private sales, I don't have the time or desire to try and get top dollar at the expense of my sanity dealing with people on the use car market. Price competitive for a quick sale and move on. Nothing worse than spending weeks on the phone with people explaining that having stone chips on a used car doesn't justify them offering you half price sight unseen (bro car needs a repaint bro I can't drive that with stone chipZ)
| zc911 |
| (Post Master Supreme) |
| 03/16/15 07:02 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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congrats! Stupid low balling dealer
| Screamin Type ARGH! |
| (Post Master Supreme) |
| 03/16/15 09:33 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: Risky Business
Congrats
That's how I approach private sales, I don't have the time or desire to try and get top dollar at the expense of my sanity dealing with people on the use car market. Price competitive for a quick sale and move on. Nothing worse than spending weeks on the phone with people explaining that having stone chips on a used car doesn't justify them offering you half price sight unseen (bro car needs a repaint bro I can't drive that with stone chipZ)
That's how I approach private sales, I don't have the time or desire to try and get top dollar at the expense of my sanity dealing with people on the use car market. Price competitive for a quick sale and move on. Nothing worse than spending weeks on the phone with people explaining that having stone chips on a used car doesn't justify them offering you half price sight unseen (bro car needs a repaint bro I can't drive that with stone chipZ)
LOL
yes +1
| Euphoricuck |
| (Post Master Supreme) |
| 03/16/15 09:52 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: Risky Business
That's how I approach private sales, I don't have the time or desire to try and get top dollar at the expense of my sanity :
| Risky Business |
| (Post Master Supreme) |
| 03/16/15 10:40 AM |
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Re: What's a reasonable price for my 2007 VW GTI?
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ok ok i fight tooth and nail for every penny and it's also standard practice to take out the oem floormats before the sale and then sell them back to the owner via kijiji through my kijiji alias. Sometimes I keep the spare tire as well. problem?
| zc911 |
| (Post Master Supreme) |
| 03/16/15 12:23 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: Risky Business
ok ok i fight tooth and nail for every penny and it's also standard practice to take out the oem floormats before the sale and then sell them back to the owner via kijiji through my kijiji alias. Sometimes I keep the spare tire as well. problem?hahaha
hmmm remove the spare, lol not a bad idea
| A2B-Lexus |
| (Post Master Supreme) |
| 03/16/15 01:39 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Originally Posted By: Risky Business
ok ok i fight tooth and nail for every penny and it's also standard practice to take out the oem floormats before the sale and then sell them back to the owner via kijiji through my kijiji alias. Sometimes I keep the spare tire as well. problem?LOL
I see what you did there!
Appearently, the dealer has a little internal theft issue. He was telling me it was probably not the old owners but someone who works at the dealership as there were multiple cars that had the same issue.
| A2B-Lexus |
| (Post Master Supreme) |
| 03/16/15 01:40 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Congrats Gimp on having a pretty hassle free sale!
| Choco 'Nuck |
| (Post Master Supreme) |
| 03/16/15 02:48 PM |
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Re: What's a reasonable price for my 2007 VW GTI?
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Ask Risky for the neighbour's fridge story.