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Discussion Starter #1
Although only offered in 3dr which is fine and some options unavailable I would still love one. A year ago I couldnt convince my partner and VW stopped selling them. So we bought (leased) a fully loaded Fiesta Vignale and its been really good. But now we both fancy a GTI and hopefully it will cost less per month. Im guessing the dealer will call us in 6 - 8mths to change. So first question does that mean we can also go and talk to VW. But second question actually more important than the first. Will VW still be selling the GTI in 6 - 8mths ?
 

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Firstly I'd like to offer my condolences for buying the fiesta over a GTI 馃槒.

If it is a Contract Hire, you would generally have an inspection and give that back to whoever hired you the car and pay for any damage incurred (the EU has strict rules for what's "fair wear and tear", although we're not part of the club anymore your contract was made whilst we were so don't let them take the p***). Once that's done you can talk to who ever you want.

If its a PCP or HP, I believe you can settle the outstanding balance on most of these at any point throughout the second half of the term. That can be with Ford (condolences馃き) or any dealer you wish to switch to, who will contact the finance company and sort out all the details. You can use any equity that's built up (positive difference between GMFV in the contract and the current part ex price) to deposit onto the next car, however on common cars such as the Fiesta I can't imagine much equity will accrue - they've tightened up the GMFV's quite a lot in recent years.

No one knows if they will still be making the GTI in 6-8 months time. We could get into the ins and outs and get the crystal ball out but the crux is no one knows. The main thing is that they're making them now, so in 6-8 months time you should be able to find a 6-8 month old one with the early depreciation taken care of? But personally I hope they stop producing them soon, I don't want them to become too popular 馃槚.
 

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Discussion Starter #4
Firstly I'd like to offer my condolences for buying the fiesta over a GTI 馃槒.

If it is a Contract Hire, you would generally have an inspection and give that back to whoever hired you the car and pay for any damage incurred (the EU has strict rules for what's "fair wear and tear", although we're not part of the club anymore your contract was made whilst we were so don't let them take the p***). Once that's done you can talk to who ever you want.

If its a PCP or HP, I believe you can settle the outstanding balance on most of these at any point throughout the second half of the term. That can be with Ford (condolences馃き) or any dealer you wish to switch to, who will contact the finance company and sort out all the details. You can use any equity that's built up (positive difference between GMFV in the contract and the current part ex price) to deposit onto the next car, however on common cars such as the Fiesta I can't imagine much equity will accrue - they've tightened up the GMFV's quite a lot in recent years.

No one knows if they will still be making the GTI in 6-8 months time. We could get into the ins and outs and get the crystal ball out but the crux is no one knows. The main thing is that they're making them now, so in 6-8 months time you should be able to find a 6-8 month old one with the early depreciation taken care of? But personally I hope they stop producing them soon, I don't want them to become too popular 馃槚.
Thanks for the reply
Our car was brand new from Ford Wilmslow on a PCP deal. Its been a delight actually. Refined, comfortable with a lovely engine and great handling. Ours is a Vignale so fully loaded with leather pan roof and Bang & Olufsen sound system. Regarding becoming too popular I heard people saying that when the GTI first came out. Still rarely see them around here in Cheshire.
 

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Thanks for the reply
Our car was brand new from Ford Wilmslow on a PCP deal. Its been a delight actually. Refined, comfortable with a lovely engine and great handling. Ours is a Vignale so fully loaded with leather pan roof and Bang & Olufsen sound system. Regarding becoming too popular I heard people saying that when the GTI first came out. Still rarely see them around here in Cheshire.
Ah I'm only kidding. There's definitely a reason the fiesta is so popular - good engines and if you go for mid to top of the line you get a lot of kit for your money. I think my dad actually had a Vignale, he changed from BMW's, and loved it.
 

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Can you go used when coming from a PCP ?
Yes, and you can get a new PCP on a used car although they usually reserve the best interest rates for new cars. I like to get cars about 6 months to a year old so the biggest hit of depreciation has been taken care of.
 

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Yes, and you can get a new PCP on a used car although they usually reserve the best interest rates for new cars. I like to get cars about 6 months to a year old so the biggest hit of depreciation has been taken care of.
Ha !
They didn't .
At release it was an 8 month wait and 6.3% APR, which I think I'm still paying AND no dealer contribution or discount. Those 8 months went s l owl y.
although the list price was only 拢13,750 and with only one option box ticked your could get it for 拢14k
 

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Ha !
They didn't .
At release it was an 8 month wait and 6.3% APR, which I think I'm still paying AND no dealer contribution or discount. Those 8 months went s l owl y.
although the list price was only 拢13,750 and with only one option box ticked your could get it for 拢14k
Ha, yeah the GTI is the definitely the exception to extremely low interest rates - I guess it depends if they need to entice people to buy new, which with the GTI they definitely don't. Although saying that, I bought used (6 months old) in 2018/2019 and I think I was paying around 11% APR on a PCP before I settled it, so although 6.3% is relatively high its still comparably better than the same car used.
 

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Discussion Starter #11
Thanks all for the superb replies. Im guessing the Ford dealer will call us in 6 - 8mths to change. So does that mean we can also go and talk to VW ?
 

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Yes loads for sale now, unlike last year when there were none for sale in my area. I had to travel miles just to find a dealer with an UP GTI to test drive. It was the same with the Aygo Automatic in Orange which i fancied. None available last year but now there are a few on Autotrader.

Good news guys. We can all purchase the Ford Mondeo before they stop making them. Form an orderly queue.
 

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There are 99 up GTIs for sale right now on Autotrader, Which is kind of sad really.

3200 of them are taxed in the UK currently. 1300 sold in 2018, 1500 sold in 2019 and only 510 in 2020.
and 13 are currently SORN'd.
99 for sale at any one time and, 3300 cars across the whole country is miniscule in comparison to almost everything else, except low volume specialist cars. I still rarely see them in Yorkshire.
That's why the residuals hold up so well, along with the car's great reputation.
Don't lets get worrying that 99 for sale on Autotrader is the end of exclusivity for the Up Gti. It isn't, & is highly unlikely ever to be .
 

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There are 99 up GTIs for sale right now on Autotrader, Which is kind of sad really.

3200 of them are taxed in the UK currently. 1300 sold in 2018, 1500 sold in 2019 and only 510 in 2020.
and 13 are currently SORN'd.
I just looked and there are 66 nationwide most of which are also on EBay.....That鈥檚 not exactly hundreds. There are 1400+ Ups for sale nationwide.
 

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Discussion Starter #16 (Edited)
Thanks all for the superb replies. Im guessing the Ford dealer will call us in 6 - 8mths to change. So does that mean we can also go and talk to VW ?

I guess it depends on the value of our car vs the lease total ?

A little more advice would be really helpful :)
 

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Thanks all for the superb replies. Im guessing the Ford dealer will call us in 6 - 8mths to change. So does that mean we can also go and talk to VW ?

I guess it depends on the value of our car vs the lease total ?

A little more advice would be really helpful :)
Hello macp,

You鈥檙e certainly In the right place to ask questions regarding the Up! GTI. However, in your original post you wrote that a year ago you leased a Fiesta Vignale, but that now both yourself and your wife fancy an Up! GTI.

You then went on to tell us you guess that the dealer will call you in 6-8 months 鈥渢o change鈥. The first question you posed to the forum was ... 鈥渄oes that mean we can also go and talk to VW鈥, and the second question which you deemed to be more important than the first was whether or not VW will still be selling the Up! GTI in 6-8 months time.

In your contradictory second post you wrote that your car is on a PCP deal.

With all due respect, I would suggest that above all else, the most important thing for you to do would be to understand the nature and the terms and conditions of the contract which you entered into a year ago.

Since you don鈥檛 mention anything regarding the duration or terms of your lease, and then go on to state PCP, without any reference to duration or terms, it鈥檚 simply impossible for anyone to offer any advice or help whatsoever, other than that which I鈥檝e already suggested.

Your question 鈥渄oes that mean we can also go and talk to VW鈥 already suggests that you are of the understanding that the contract you have entered into in some way limits your freedom of choice should you wish to replace your car in 6-8 months time.

I fully understand that both leasing and PCP are popular ways to finance a vehicle, but again, with the very limited and contradictory information that you have provided, it鈥檚 very difficult for anyone to offer any help.
 

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First rule:

They'll call you if they have a chance to sell you something else, clear their order books or stiff you out of the residual value of your car. You are an open wallet.
What reputation do car salesmen have? How did they get it?

No call= no sale.

And if you want to get out of your contract early, then he's going to rub his hands even more gleefully, contract exit always costs you more.

They rely on you wanting a new shiny thing, the earlier the better. I regret buying new on PCP from the dealership, but the up! GTI was too good a deal to miss on release , and back in Feb 2018 there was only one way to do it for me.

I'm cynical, aren't I?
Sorry
 

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Discussion Starter #19
I certainly didnt realise I was being contradictory. But I can assure all who read and took the time to post it was not my intention to be so.

Thankyou Jacara for taking the time to post even if it read like your intention was to be direct and condescending. But reading some of your other replies it appears to be your MO.

As I dont wish to get into a tit for tat with Jacara or anybody else for that matter admin please feel free to close the thread.
 

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Discussion Starter #20
First rule:

They'll call you if they have a chance to sell you something else, clear their order books or stiff you out of the residual value of your car. You are an open wallet.
What reputation do car salesmen have? How did they get it?

No call= no sale.

And if you want to get out of your contract early, then he's going to rub his hands even more gleefully, contract exit always costs you more.

They rely on you wanting a new shiny thing, the earlier the better. I regret buying new on PCP from the dealership, but the up! GTI was to good a deal to miss, and back in Feb 2018 there was only one way to do it for me.

I'm cynical, aren't I?
Sorry
Makes complete sense Doc. The Ford dealer we dealt with (Polar Ford) were really very good. Absolutely no pressure and gave us a good deal. Will weigh up my options come time. Thanks for the (non judgy) reply
 
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