With a new factory order for a mk8 Golf R, forum members over on vwroc.com are currently talking about lead times of around 8 months, so there’s a good chance the used car value bubble will have burst by then. Would a dealer be prepared to fix a part exchange value for 8 months in the current used car market conditions? Maybe, but it’ll probably be at a figure that’ll reflect a return to more normal market conditions. More likely, they’d probably delay giving a p/ex value until nearer delivery date of the new car because of the uncertainty of future used car values. I expect Mercedes (or other car manufacturers) to adopt a similar approach to part exchange values too if lead times on a new A45 are similar to the Golf R.Stuart_Rendall wrote: ↑Sat Jun 19, 2021 9:49 pmNot including my deposit I will have made money now if I sell my car. Looking into a new Golf R or the Merc A45s since PCP on those are the same or less than a used (decent spec) Mk7.5 Rmonkeyhanger wrote: ↑Sat Jun 19, 2021 9:28 pm That bubble will burst as soon as the chip supply is no longer affecting new car production.- you'd be nuts to pay prices approaching discounted new car for a 1 or 2 year old example, and when you factor in the dealers margin on top of that Motorway.co.uk price, we're just about there. My (former) 2 year old white GTI+ is up for sale at £19495 by the fella that bought it, that's just £1200 less than I paid for it brand new.
Anyone looking to change soon would be best securing a fixed p/x value now against thir next new car that could be 6 months away from being built. If the bubble bursts in the meantime, you've got your secured p/x value against your new car.
For anyone not fussy about spec or colour, finding an in-stock car might be an option. That way you could take advantage of the current high used car values for the car to be disposed of. However, I dare say dealer stocks of new unregistered Golf R’s and Merc A45s are low or non existent, and dealers probably won’t be willing to offer significant discounts off in-stock vehicles due to shortage of supply of new cars.
Selling now and either being without a car or buying an old wreck until the new car arrives might be an option.
Decisions and dilemmas………..