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Has my Golf's value been affected by the emissions scandal?
Ten months ago I bought a 2013 Golf 1.6 105PS TDI. It's not affected by the emissions scandal, but I've decided it's not really the car for me. However upon trying to sell it or trade-in the value has dropped significantly. I paid £13.500 directly from a Volkswagen dealer, but dealers are now only offering £9000 saying the emissions scandal has affected all the VAG brands and their values.
The Volkswagen dealer says they will only offer me £10,000 for a trade in. They will not acknowledge that the value has been affected by the scandal. I made a mistake in buying this car as it's not suitable for my needs but what should I do now as I do not want to keep it. Do I try and pursue further with VW? Take a loss or hold on for a while and hope I can get more for it?
The Volkswagen dealer says they will only offer me £10,000 for a trade in. They will not acknowledge that the value has been affected by the scandal. I made a mistake in buying this car as it's not suitable for my needs but what should I do now as I do not want to keep it. Do I try and pursue further with VW? Take a loss or hold on for a while and hope I can get more for it?
Asked on 13 January 2016 by Nick
Answered by
Honest John
Basically the public bought into the myth of Volkswagen reliability, then complained to me in their hundreds that the cars were not all they had been cracked up to be, yet they still maintained their vested interest in Volkswagen snob value.
That has now (temporarily) fallen apart. But Mercedes managed to recover from its 1997-2003 rust scandal (which was actually far worse) so, given time, and given VAG's concentration on excellent petrol hybrids, the brand will eventually recover. In your case the choice is stark. If you don't want to lose money short term, stick with the car. If you don't mind losing £3500 for 10 months motoring, which is an entirely normal short term loss, take the p/x offer.
That has now (temporarily) fallen apart. But Mercedes managed to recover from its 1997-2003 rust scandal (which was actually far worse) so, given time, and given VAG's concentration on excellent petrol hybrids, the brand will eventually recover. In your case the choice is stark. If you don't want to lose money short term, stick with the car. If you don't mind losing £3500 for 10 months motoring, which is an entirely normal short term loss, take the p/x offer.
Everything you need to know about how the emissions scandal affects you.
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