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Go Back   TDIClub Forums > TDI Model Specific Discussions Areas > VW MKVII-Mk7 Golf family including Golf Wagon (~ 2015 +)

VW MKVII-Mk7 Golf family including Golf Wagon (~ 2015 +) Discussions area for the Mk7 (2015+) Golf and Golf Wagon TDIs based on the MQB (Modularer Querbaukasten) platform.

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Old December 27th, 2018, 12:08   #1
krebsy75
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Default Wretched Resale

I have pondered trading my 2015 Golf TDI SEL for one of the leftover Touareg TDIs. To my dismay, the value of my Golf (per KBB) has tanked another $2K in just a couple of months.


If you haven't checked the trade-in for your TDI in awhile, you may be in for a highly unpleasant shock. I had originally intended to keep my Golf until the wheels fell off. And I guess that's how this one is going to play out.


I suppose it's a perfect storm of supply/demand, TDI reputation and the crossover craze.
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Old December 27th, 2018, 12:15   #2
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Fuel price also a major factor.
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Old December 27th, 2018, 12:17   #3
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Quote:
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Fuel price also a major factor.

Yep! Forgot about that one.
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Old December 27th, 2018, 12:30   #4
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There are tons of these cars available now. And a 2015 is likely to be CPO from a dealer, which is hard for a private seller to compete with.
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Old December 27th, 2018, 18:37   #5
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You should have known this from the beginning. It has been discussed here before as well. Being shocked that prices are lower as VW is dumping bought back cars on the market is a real surprise. Once the supply has dwindled I expect them to hold their value or increase slightly as no more will be available other than the used market. The market always favors either the buyer or the seller but rarely both. This is the exact reason the inflated payouts were given for the buybacks and probably why the Touareg is a choice for you.
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Old December 28th, 2018, 05:57   #6
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I kinda want them to tank, so when the wife wants to upgrade it'd just make more sense for me to get her Passat, retire the Alltrak for AWD needs and become a three car household.

Our '15 was abut $28K about 18 months ago, it's a 4-5 year old car with a crappy nav system and those things really haven't changed when we drove it off the lot. I knew resale was going to be abysmal, prob around 15K now.

Heck our '17 Alltrack has also tanked hard, a 30K car is now prob around 18K.

If you want a VW that holds its value buy a Westfaila, a Eurovan, or a Golf R.
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Old December 28th, 2018, 06:58   #7
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Quote:
Originally Posted by Lightflyer1 View Post
You should have known this from the beginning. It has been discussed here before as well. Being shocked that prices are lower as VW is dumping bought back cars on the market is a real surprise. Once the supply has dwindled I expect them to hold their value or increase slightly as no more will be available other than the used market. The market always favors either the buyer or the seller but rarely both. This is the exact reason the inflated payouts were given for the buybacks and probably why the Touareg is a choice for you.

There's a variety of factors at play here. One thing is for sure, as long as fuel is cheap, the market for TDIs will never return.



Per AutoTrader there are only 444 common-rail TDI Golfs available for sale nationwide with less than 30K miles. Among those 444, only 101 are CPO. That tells me that the market for lightly-used samples is beyond small. It's non-existent (all things considered.)



(Golf shoppers are less likely to consider other TDI models which are predominately sedans.)
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Old December 28th, 2018, 07:20   #8
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Plus, the newest tdi's are 4 model years old now.
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Old December 28th, 2018, 09:01   #9
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I think more low mileage TDIs will appear for resale in the coming months as some owners who waited as long as possible are now selling their cars back. They'll take a little time to work through the auction process, but I'm betting they'll be around soon.

Sadly, I agree, for smaller vehicles, there's no real incentive for people to buy diesel with fuel prices where they are currently. Diesel still makes sense for trucks, and may also make sense for large luxury cars, although I doubt many manufacturers will bother with that segment in this market either.
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Old December 28th, 2018, 10:13   #10
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2019 ought to clear out the glut of buyback cars in the market.
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Old December 28th, 2018, 10:59   #11
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Definitely not a good time to dump a used TDI. I've had times when I wished I had held out for a loaded up 2015 GSW SEL rather than getting the super clean 2014 base model that I paid a premium for but I think I'd be taking a $3-4k or so bath on it if I decided to move on now.

The price for the 2011 and 2012 cars with 100k+ miles have fallen ridiculously low. I kind of wish I had held out for one of those as well. I saw a 2011 JSW with about 120k miles on the local CL for $6k a couple weeks ago! And it looked nice.

Diesel price premium is a real drag right now. When traveling this week I was surprised to see how big the spread was. $2.30 for RUG and $3.00 for diesel. I don't remember a 30% price premium in a long time. My neutered TDI getting 38 MPG or so is not saving me any money on fuel compared to a similar gasser.

All that said, I wouldn't use KBB for anything but entertainment. I'd check current asking prices to gauge what its really worth.
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Old December 28th, 2018, 15:26   #12
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Diesel is dropping just like gas is. $1.94 for gas and $2.64 for Diesel. As long as both are dropping I will not be unhappy with the price, whatever it is. I am saving money just because the price is dropping. Besides I didn't buy it just to save on fuel. I like he car and the warranty.
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Old December 28th, 2018, 17:20   #13
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Another reason may be that a sizable percentage of tdi buyers liked the idea that they were driving a "green" car. The polluting pariah perception doesn't sell many cars.
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Old December 28th, 2018, 17:35   #14
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The re-sale of ANY 4 door CAR has tanked...
If it's not a SUV/CUV, they aren't selling.
Then add the baggage of the scandal...
Who cares, I got my $$$, a great warranty, and still plan to drive it till it's about 10+ years old.
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Old December 28th, 2018, 17:52   #15
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Quote:
Originally Posted by ZippyNH View Post
The re-sale of ANY 4 door CAR has tanked...
If it's not a SUV/CUV, they aren't selling.
Ironic, isn't it, that people sold back their "dirty diesels" to replace them with SUVs that get have the MPG, or less. I know that MPG doesn't necessarily equate with clean, but I can't help thinking it matters.

It's true that cars are not in favor right now. That's a dilemma for electric car manufacturers. Don't think anyone's made an electric pickup yet.
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