- Jul 12, 2006
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Are you paying cash for the GTI? If yes, buy it and enjoy. If not, NO. This is a want and a toy. You never finance a toy.
now that's a compelling argument. Did you learn that after the pizza shop incident?
Are you paying cash for the GTI? If yes, buy it and enjoy. If not, NO. This is a want and a toy. You never finance a toy.
I'm not understanding the pizza shop incident. I paid cash for the pizza shop. I've always paid cash for all my toys. That's always been my rule. The only toy I've ever financed was my Corvette and that's only because the interest rate was 0%. Paying cash in full is easy litmus test for whether you can afford the toy or not. Financing a toy is dumb as taking out a loan to go on vacation. You would never take out a loan to go on a vacation to enjoy yourself. So why would you finance a toy car you don't need if you can't pay cash?now that's a compelling argument. Did you learn that after the pizza shop incident?
I'm not understanding the pizza shop incident. I paid cash for the pizza shop. I've always paid cash for all my toys. That's always been my rule. The only toy I've ever financed was my Corvette and that's only because the interest rate was 0%. Paying cash in full is easy litmus test for whether you can afford the toy or not. Financing a toy is dumb as taking out a loan to go on vacation. You would never take out a loan to go on a vacation to enjoy yourself. So why would you finance a toy car you don't need if you can't pay cash?
The only thing I regret with the pizza shop is that I sold my Apple shares to buy it and didn't buy back the Apple shares after I sold the restaurant. That will always be $38 million mistake to me.lol--I didn't recall or didn't think that you had paid cash for the pizza shop. Threw me for a loop there.
Showing slightly below average for gti's from 13 to 19. They come with 6 year warranties now. I'd drive one until the warranty was up then get rid of it. It would have to be a steal of a deal for me because I'm assuming resale outside of warranty is close to nothing.GTI reliability is pretty sad:
http://www.dashboard-light.com/vehicles/Volkswagen_GTI.html
VW as a company has tragic reliability:
http://www.dashboard-light.com/reports/Volkswagen.html
Everyone I know who has owned VWs long-term has bitched about how often they break and how much they cost to fix. My RX8 that I drive on the track has had fewer issues that the VW owners that I know. And, frankly, the GTIs I've driven were somewhat impotent and boring compared to the MazdaSpeed3 that I eventually bought and owned for 8 years, only replacing wear items.
GTI reliability is pretty sad:
http://www.dashboard-light.com/vehicles/Volkswagen_GTI.html
VW as a company has tragic reliability:
http://www.dashboard-light.com/reports/Volkswagen.html
Everyone I know who has owned VWs long-term has bitched about how often they break and how much they cost to fix. My RX8 that I drive on the track has had fewer issues that the VW owners that I know. And, frankly, the GTIs I've driven were somewhat impotent and boring compared to the MazdaSpeed3 that I eventually bought and owned for 8 years, only replacing wear items.
Showing slightly below average for gti's from 13 to 19. They come with 6 year warranties now. I'd drive one until the warranty was up then get rid of it. It would have to be a steal of a deal for me because I'm assuming resale outside of warranty is close to nothing.
This would definitely be a toy purchase. I've considered one myself and might end up with a gti one day.
GTI TCO: https://www.edmunds.com/volkswagen/golf-gti/2019/st-401779217/cost-to-own/
Owning a GTI for 5 years will run you around $38k. Ouch.
lol. I've been there. You are trying your best to not do this because you know financially what a terrible decision It is. Keep up the good fight. Maybe the urge will pass. Maybe you'll post pics of the gti you purchased.I think spending a couple of bucks on the current car will keep me distracted, and is totally not part of fixing the minor cosmetic issues and such as part of a process for getting it ready to maybe sell. Certainly not that. No way.
If you want a toy car, you could buy something used that has minimal depreciation left, e.g:
https://www.hagerty.com/apps/valuationtools/2004-Chevrolet-Corvette-Z06
Chart so you don't have to register/login
Unfortunately I can't haul lumber in a corvette, plus I just hate chevy...I really hate them. Yes, I realize that the newer Corvettes are actually quite awesome and very very very affordable for the performance.
I need my toy to be practical and a real daily driver (the toy part is a want; but the practicality is still a need, because it will be one car)--I realize the last part is kinda what everyone says about the GTI, but the sobering reality of its decades-long history doesn't really lend to daily driving if it is in the shop so often...but still.
....it's also looking like I might want to sell my AMD shares soon and make a wee bit of bank. this isn't helping.
GTI reliability is pretty sad:
http://www.dashboard-light.com/vehicles/Volkswagen_GTI.html
VW as a company has tragic reliability:
http://www.dashboard-light.com/reports/Volkswagen.html
Everyone I know who has owned VWs long-term has bitched about how often they break and how much they cost to fix. My RX8 that I drive on the track has had fewer issues that the VW owners that I know. And, frankly, the GTIs I've driven were somewhat impotent and boring compared to the MazdaSpeed3 that I eventually bought and owned for 8 years, only replacing wear items.
I'm waiting for the obligatory testimonials whenever car reliability is brought up.
"My GTI has 20K on it and in the 18 months I've owned it I've never had a problem!!"
"I had a GTI years ago and it was flawless. Twas sad when the lease was up"
Then you get those that that accept all the things as normal.
"My car has been very reliable. Only things I had to do was replace the ABS modules, window switches, water pump coil pack. bushings, brake lines and headliner fluid"
You then get the "I've 1982 Mk1 GTI, 3 1984 Mk2 GTI's, 1 1989 Mk2 GTI in my driveway right now and my wife still drives her Mk3 with 900 million miles on it that still on the original windshield wiper fluid from the factory. Once you redo the wiring harness and do a "
Finally you get the one who has been driving a Jetta with a piece of tape over the CEL for the past 3 years.
The poor person that has the rare trouble free GTI that they have owned for 10 years and hasn't needed to do a thing is busy in another forum posting about Game of Thrones.
...that thread is pretty much useless. Everyone seems to only be interested in what kind of body kits they are putting on their cars.
/r GTI owners, which I briefly checked the other day, is a bunch of people posting about how great their 2016 and newer GTIs are, totally flawless. Great car. No complaints.
...that thread is pretty much useless. Everyone seems to only be interested in what kind of body kits they are putting on their cars.
It doesn't have to be a Corvette - my point is there are options out there for cars that will depreciate minimally (or not at all). All of them would be something you'd want as a second vehicle, though.
Wheel bearings $0 under warrantyIt's like Subaru owners.
"Those issues only happen on years (pick random year) through (current year minus 5 years).
You can put on a calendar when they mention wheel bearings and head gaskets...mumble mumble oil consumption mumble mumble.
In their defense, they usually wait until the 100K mark until the big bills hit.
You don't want a golf GTI because dependability?
Even if you are driving X car into the ground, why wouldn't you avoid the new car's first 2 years depreciation hit if you could? Even as an AT forums baller, that's still money saved in your pocket.Ah yes, good point. What is totally irrational about all this, specifically for me, is that depreciation doesn't necessarily concern me because I tend to think in terms of "I will drive it dead and then drive it into the ocean"....so I just want it to last. So...yeah, this obviously isn't the right way to think about a VW GTI, lol.
To be honest, I think I have the soul of a typical Alfa Romeo owner, so this all seems totally normal to me?
The first car I drove was the 2x family hand-me-down 84 Accord, already at 150k miles or so. It had one persistent flat that was never fixed correctly, but our tire guys always did this for free anyway--had a business contract with the company my dad worked with--so no one really cared either way. It would lose power and break down pretty regularly on the beltway, but I got used to pulling over and rest a bit--I think it was overheating or something--before starting up again. Our typical mechanic was a guy that didn't really know how to work with carburetors, so he never felt like he was giving us proper service...which means he rarely charged us when we brought it in for various reasons. ....granted, this isn't a good comparison because all of that was due to the type of cordial relationships that pops could always foster with just about anyone and doing the same thing with a VW, even new...probably means $$$ anywhere you go. It's one thing to have an auto constantly in the shop, but of course to always be paying through the nose every time is another level.
Plus, all of these cars just get more and more complicated and far more expensive even with normal maintenance. I've sort of convinced myself that I don't want to stay with a new Mazda when the time comes, because servicing the Skyactive engines is supposedly very expensive...but let's remind ourselves that my apparent logical diversion from that was to instead consider VW.