#8112328 - 03/01/15 11:33 AM
What's a reasonable price for my 2007 VW GTI?
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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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?
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#8112354 - 03/01/15 12:28 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: GimpCivic]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44797
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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?
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#8112577 - 03/01/15 03:52 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: GimpCivic]
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zc911
Ferrari4Sale 😎
Post Master Supreme
Registered: 01/01/00
Posts: 16449
Loc: toronto
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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
Edited by zc911 (03/01/15 03:53 PM)
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#8112604 - 03/01/15 04:16 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: zc911]
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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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.
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#8112688 - 03/01/15 06:46 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Hatorade]
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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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?
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.
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#8113003 - 03/02/15 09:16 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Hatorade]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
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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.
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#8115633 - 03/03/15 07:23 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: GimpCivic]
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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Quick update...dealer offered $6k. Going to take your advice and sell it privately.
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#8115674 - 03/03/15 07:53 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Hatorade]
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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That's an offer I'd expect from rfd
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#8115939 - 03/04/15 07:31 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Hatorade]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44797
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Dealership scum
GimpCivic - check your pm.
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#8116039 - 03/04/15 08:58 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Senor Eduardo_82]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
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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.
Edited by A2B-Civic (03/04/15 08:59 AM)
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#8116055 - 03/04/15 09:05 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: A2B-Lexus]
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Euphoricuck
Post Master Supreme
Registered: 11/05/03
Posts: 92703
Loc: Canadistan
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My 2002 Civic EP was $3500 before tax. given the mileage and shape. thats a huge lowball
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#8116069 - 03/04/15 09:13 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Euphoricuck]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
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The shape was ok...wasn't stellar.
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#8116229 - 03/04/15 10:35 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: A2B-Lexus]
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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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.
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#8116280 - 03/04/15 11:01 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: GimpCivic]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
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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.
A2B - $3500 isn't bad for a 13 year old EP3.
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#8131462 - 03/16/15 03:50 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: GimpCivic]
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GimpCivic
Sr Member
Registered: 02/06/00
Posts: 1025
Loc: Toronto, ON, Canada
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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!
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#8131478 - 03/16/15 06:23 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: GimpCivic]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44797
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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)
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#8131484 - 03/16/15 07:02 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Risky Business]
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zc911
Ferrari4Sale 😎
Post Master Supreme
Registered: 01/01/00
Posts: 16449
Loc: toronto
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congrats! Stupid low balling dealer
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#8131633 - 03/16/15 09:33 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Risky Business]
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Screamin Type ARGH!
High Value Poster
Post Master Supreme
Registered: 02/20/01
Posts: 47669
Loc: T.O. - Canaduh
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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)
LOL yes +1
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"Ban low performance drivers, not high performance cars"
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#8131658 - 03/16/15 09:52 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Risky Business]
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Euphoricuck
Post Master Supreme
Registered: 11/05/03
Posts: 92703
Loc: Canadistan
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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 :
youre not fooling anyone here.
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#8131732 - 03/16/15 10:40 AM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: Euphoricuck]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44797
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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?
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#8132089 - 03/16/15 01:40 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: A2B-Lexus]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
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Congrats Gimp on having a pretty hassle free sale!
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#8132191 - 03/16/15 02:48 PM
Re: What's a reasonable price for my 2007 VW GTI?
[Re: A2B-Lexus]
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Choco 'Nuck
Proud Member of BLM
Post Master Supreme
Registered: 07/10/01
Posts: 17568
Loc: Somewhere out there
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Ask Risky for the neighbour's fridge story.
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