R32 MK4, acctually becoming rare! Advise
Discussion
Hi guys,
I have recently bought a MK4 Golf R32.
Car details:
2003, 96k FSH 9/13 dealership stamps, no modifications, no rust, bodywork is mint. Drives so smooth, that i was actually amazed.
I buy and sell cars, i have owned a few of these, however this one seems immaculate and as it a stock car, I have been told the value on these will increase as they are becoming rare.
The only issue I have is I am unsure whether i should sell it now or later.
Will people really pay top dollar for the car in the future?
Any advice will be much appreciated.
Thanks for your time.
I have recently bought a MK4 Golf R32.
Car details:
2003, 96k FSH 9/13 dealership stamps, no modifications, no rust, bodywork is mint. Drives so smooth, that i was actually amazed.
I buy and sell cars, i have owned a few of these, however this one seems immaculate and as it a stock car, I have been told the value on these will increase as they are becoming rare.
The only issue I have is I am unsure whether i should sell it now or later.
Will people really pay top dollar for the car in the future?
Any advice will be much appreciated.
Thanks for your time.
qrehman said:
Hi guys,
I have recently bought a MK4 Golf R32.
Car details:
2003, 96k FSH 9/13 dealership stamps, no modifications, no rust, bodywork is mint. Drives so smooth, that i was actually amazed.
I buy and sell cars, i have owned a few of these, however this one seems immaculate and as it a stock car, I have been told the value on these will increase as they are becoming rare.
The only issue I have is I am unsure whether i should sell it now or later.
Will people really pay top dollar for the car in the future?
Any advice will be much appreciated.
Thanks for your time.
Would make a good movie - you could call it 'Carry On Dreaming'I have recently bought a MK4 Golf R32.
Car details:
2003, 96k FSH 9/13 dealership stamps, no modifications, no rust, bodywork is mint. Drives so smooth, that i was actually amazed.
I buy and sell cars, i have owned a few of these, however this one seems immaculate and as it a stock car, I have been told the value on these will increase as they are becoming rare.
The only issue I have is I am unsure whether i should sell it now or later.
Will people really pay top dollar for the car in the future?
Any advice will be much appreciated.
Thanks for your time.
Unlike the ‘only 50s & 60s two seat British sports cars brigade’ I think a decent well looked after I messed with R32 could become collectible.
Like all sporty family cars a lot of these have been thrashed, modified, crashed etc.
It’s a halo model, There is already a massive VW scene as well as the hot hatch collectors. Just a shame it doesn’t have any completion pedigree.
Like all sporty family cars a lot of these have been thrashed, modified, crashed etc.
It’s a halo model, There is already a massive VW scene as well as the hot hatch collectors. Just a shame it doesn’t have any completion pedigree.
Cledus Snow said:
Unlike the ‘only 50s & 60s two seat British sports cars brigade’ I think a decent well looked after I messed with R32 could become collectible.
Like all sporty family cars a lot of these have been thrashed, modified, crashed etc.
It’s a halo model, There is already a massive VW scene as well as the hot hatch collectors. Just a shame it doesn’t have any completion pedigree.
I disagree. The only way it would be ever worth anything is if it had less than 10k miles, had all the optional extras like the Recaro Baby Rear seats and such like and even then it would never be collectible like a Mk1 GTI. Like all sporty family cars a lot of these have been thrashed, modified, crashed etc.
It’s a halo model, There is already a massive VW scene as well as the hot hatch collectors. Just a shame it doesn’t have any completion pedigree.
The problem is far too many of them were made to ever be worth while and they are forgotten about by most people because they were so common, the engine was in loads of cars from TT's to Passats over the years.
Some people don't get the "modern classic" concept.
Did people desire to own then when they were new? Yes, or at least fairly. Are they made by a well supported manufacturer with a fan base? Yes.
It will be faily collectable, one day. But I don't think you'll make a fortune, especially once you've covered all those costs.
Did people desire to own then when they were new? Yes, or at least fairly. Are they made by a well supported manufacturer with a fan base? Yes.
It will be faily collectable, one day. But I don't think you'll make a fortune, especially once you've covered all those costs.
If you like it, didn't pay over the odds for it, and think it really is a lot better than other examples, keep hold of it and see what happens.
In a decade or two, maybe it'll be worth a reasonable amount. It's happened to a lot of relatively "meh" cars where they're abused/modified/run on the cheap a lot, and suddenly there's no good ones left.
If it doesn't go up much in value, well, so what? You still own a good example of a car you like.
In a decade or two, maybe it'll be worth a reasonable amount. It's happened to a lot of relatively "meh" cars where they're abused/modified/run on the cheap a lot, and suddenly there's no good ones left.
If it doesn't go up much in value, well, so what? You still own a good example of a car you like.
I think the "MIGHT Break even" observation can be extended to many very exalted "classics" once you factor in:
(1) Multiple restorations over the years;
(2) Opportunity cost of the money;
(3) Tax / insurance / maintenance / storage;
(4) Exit window - market vagaries etc.
Classics which appreciate considerably given these costs are actually outliers.
Over a 40-50 time frame put the same amount of cash into prime real estate in central London / Manhattan / Sydney / Vancouver etc & anything much outside a Bugatti, Ferrari 250 SWB/GTO etc doesn't really stack up.
(1) Multiple restorations over the years;
(2) Opportunity cost of the money;
(3) Tax / insurance / maintenance / storage;
(4) Exit window - market vagaries etc.
Classics which appreciate considerably given these costs are actually outliers.
Over a 40-50 time frame put the same amount of cash into prime real estate in central London / Manhattan / Sydney / Vancouver etc & anything much outside a Bugatti, Ferrari 250 SWB/GTO etc doesn't really stack up.
I have an unmolested 3 door one in Pearl Blue with 63k. I've had it a while.
Regardless what a few are saying here, I've noticed that good ones have been climbing in price over the last couple of years. I've seen them vary from £5k to £12k depending on the miles condition etc which is more than any other Mk4 Golf. I know of one that sold for £10.5k that was pretty mint a year ago.
However, I think any aspirations about making a quick profit in today's lock down situation is small to nil. Not much moving right now due to uncertainties most likely.
I'd wait until we see how things pan out from next year. I think it will take until then at least for things to get clear / settle down.
Regardless what a few are saying here, I've noticed that good ones have been climbing in price over the last couple of years. I've seen them vary from £5k to £12k depending on the miles condition etc which is more than any other Mk4 Golf. I know of one that sold for £10.5k that was pretty mint a year ago.
However, I think any aspirations about making a quick profit in today's lock down situation is small to nil. Not much moving right now due to uncertainties most likely.
I'd wait until we see how things pan out from next year. I think it will take until then at least for things to get clear / settle down.
I've kept my eye on these over the last 12 months and they have jumped in value. However the whole market has.
Do we think these will become classic or are they simply tracking the normal covid used car market ?
You can pay anywhere from £8k for a 130kmile option up to £30k+ for less miles.
Looking at the numbers they only made circa 2,400 for the UK, that alone must hold some sort of value before looking at 3 or 5 door versions (5's are rare) and the colours (grey and red seem to be the rarest).
Do we think these will become classic or are they simply tracking the normal covid used car market ?
You can pay anywhere from £8k for a 130kmile option up to £30k+ for less miles.
Looking at the numbers they only made circa 2,400 for the UK, that alone must hold some sort of value before looking at 3 or 5 door versions (5's are rare) and the colours (grey and red seem to be the rarest).
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