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 Post subject: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Sun Jun 16, 2019 6:18 pm 
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https://insideevs.com/news/354954/volks ... nada-2020/

Looks like the e-Golf will still be available next year, at least in Canada anyways. If they're selling it in Canada, they'll surely sell it in the CARB states as well since they still need the EV credits, the ID.3 isn't coming to NA, and the CROZZ isn't coming until 2021.

Interesting there's an 8 month waiting list due to limited supply. Why is there still production issues for a car that's been out since 2015? Limited lithium battery availability or VW just wants to produce and sell the bare minimum to meet compliance credits? If they ever do get past the production constraint will we see even deeper discounts at bay area dealers later this year?


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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Sun Jun 16, 2019 6:40 pm 
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Joined: Tue Mar 12, 2019 5:23 pm
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Location: VT
Unlike the US market, there is not a stockpile in Canada. 8 months represents the time for the order to work up the chain to Wolfsburg, then the time it takes to get over on the next boat. Bet the colors are black, white, gray, blue. Then there is the issue of the # of trained mechanics, something they are working on in anticipation of the MEB, but not outside major metropolitan areas. Plus the news last month about a Canadian Federal rebate$ last month is another push. It is all about the money to recoup the loss they are taking in going electric.

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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Sun Jun 16, 2019 7:29 pm 
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Give VW some time, and it will also confirm e-Golf sales in the USA (at least in CA) in 2020. VW entered into a consent decree with CA that stipulates the e-Golf or it's replacement will be sold in the state through 2025, plus a BEV SUV plus one additional EV. The e-Golf is not going away in the USA, especially if VW claims the ID3 won't be sold here.

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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Tue Jun 18, 2019 5:26 pm 
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Why are the CA dealers giving such huge discounts on the 2019s right now? (I just gone one with $10k on the hood.) I assumed it was because the ID.3 was scheduled to be on sale in mid-2020? But apparently it's just that there is a surplus of them right now? Curious to see what the pricing will look like on the 2020 e-Golfs.


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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Wed Jun 19, 2019 10:32 am 
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Location: Boston area, MA
zanzabar wrote:
Why are the CA dealers giving such huge discounts on the 2019s right now? (I just gone one with $10k on the hood.) I assumed it was because the ID.3 was scheduled to be on sale in mid-2020? But apparently it's just that there is a surplus of them right now? Curious to see what the pricing will look like on the 2020 e-Golfs.


Just speculating here, but there are probably a number of factors at play, a couple of which may be:

- CARB credits: VW needs to get its CARB credits, and so needs to sell more vehicles to make their numbers in CA. I believe that this year they are no longer allowed to transfer credits from sales in other states. Thus, offering discounts may be the cheaper option.
- Competition: There are some compelling BEVs available in the roughly $35k-40k range (Tesla Model 3, Hyundai Kona EV, Kia e-Niro, etc.) with up to double the range of the e-Golf. The SEL's MSRP of $39,925 and the SE's MSRP of $33,725 (both before TTL) are not very inviting price points for 125 miles of EPA range compared to these other EVs. I do love my e-Golf, but if I hadn't gotten a huge discount off the MSRP of my SEL, I would have just bought a Model 3 instead at the ~$40k price point.

There might be other things at play as well, but these are two that sprang to my mind.

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2018 VW e-Golf SEL Premium (w/ DAP) - Silver White w/ black interior


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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Wed Jun 19, 2019 2:24 pm 
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zanzabar wrote:
Why are the CA dealers giving such huge discounts on the 2019s right now? (I just gone one with $10k on the hood.) I assumed it was because the ID.3 was scheduled to be on sale in mid-2020? But apparently it's just that there is a surplus of them right now? Curious to see what the pricing will look like on the 2020 e-Golfs.


Probably because they have to, to move cars, to get ZEV credits, against the cars the competition offers, with more range or distance in their batteries. 125 miles on a charge, compared to the competition, indicates a small, cheaper battery option that their competitors. That's if you believe most of the cost of the car is still in the battery pack.

And that range will decrease as the car ages, gets more miles and gets older.

So to move them, now, you are looking at a $22 to 25k value car, compared to the competition, for a SE or SEL, IMHO. The other factor is that e-Golfs have done poorly in maintaining their used car market value, the depreciation level is astronomical for a 4 year old car that, in my case, had a $36.3k MSRP.

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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Wed Jun 19, 2019 2:38 pm 
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Location: Bay Area, CA
JoulesThief wrote:
The other factor is that e-Golfs have done poorly in maintaining their used car market value, the depreciation level is astronomical for a 4 year old car that, in my case, had a $36.3k MSRP.


You have often stated that you paid much less (roughly a third, if I recall) of that price so I’m gonna say your depreciation has been rather good, actually.

MSRP means nothing. The price you paid means everything.

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⚡️2016 e-Golf SEL in Deep Black Pearl⚡️ (The Handsome Boy 1.0)
⚡️2019 e-Golf SEL in Indium Gray ⚡️ (The Handsome Boy 1.1)


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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Wed Jun 19, 2019 6:02 pm 
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JoulesThief wrote:
The other factor is that e-Golfs have done poorly in maintaining their used car market value, the depreciation level is astronomical for a 4 year old car that, in my case, had a $36.3k MSRP.


Compared to MSRP, you'd be correct. But wait!

JoulesThief wrote:
OK, I bought one, a 2015 SEL... Price for a Tesla P70D before taxes and registration... $75,000. Price of my Golf before taxes and registration, 25,300. Price of a Tesla after federal tax credit and CA EV rebate $65000. Price on my Golf after federal tax credit and CA EV rebate, $15,300.


So your actual percentage depreciation on a 4 year old car is..... 10% 15%? I don't know how much you were asking when you were considering selling it, but I'm not seeing any evidence of poor used car market value or astronomical depreciation, especially in your case.

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2019 e-Golf SE, Pure White w/ DAP and deAutoLED H7RC HID's
2016 e-Golf SE, Pure White w/ Ed's Golf R Replica HID's (SOLD)


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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Thu Jun 20, 2019 10:40 am 
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Compared to an i3 the eGolf is doing pretty well for resale. They cost north of $50k new and when we bought our 2015 SEL in 2017 same year i3s were about the same money. Then there is the i8 which it seems nobody wants. They are plummeting rapidly also.

Not complaining, I normally buy heavily depreciated cars.

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2015 e-Golf SEL my wife's daily, shared on weekends
2000 BMW 540iT my daily and our range extender
1986 Audi 4000 quattro "the cockroach" my alternate daily
1983 Audi Ur Quattro "the garage queen" looks pretty and appreciates daily


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 Post subject: Re: Volkswagen Confirms Sales Of e-Golf In Canada In 2020
PostPosted: Thu Jun 20, 2019 11:48 am 
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2016golfse wrote:
JoulesThief wrote:
The other factor is that e-Golfs have done poorly in maintaining their used car market value, the depreciation level is astronomical for a 4 year old car that, in my case, had a $36.3k MSRP.


Compared to MSRP, you'd be correct. But wait!

JoulesThief wrote:
OK, I bought one, a 2015 SEL... Price for a Tesla P70D before taxes and registration... $75,000. Price of my Golf before taxes and registration, 25,300. Price of a Tesla after federal tax credit and CA EV rebate $65000. Price on my Golf after federal tax credit and CA EV rebate, $15,300.


So your actual percentage depreciation on a 4 year old car is..... 10% 15%? I don't know how much you were asking when you were considering selling it, but I'm not seeing any evidence of poor used car market value or astronomical depreciation, especially in your case.


With the new car sales tax, I was out of pocket about $18000, only because I spent the time and money to negotiate a fantastic deal. If I was to trade in my 2015 SEL with 22,500 miles on it, on a new car... Sunnyvale VW offered me only $9000.

I don't think the depreciation is going to be any better on a newer 2019 VW e-Golf because people are treating electric cars as disposable, like they do anything else tethered to a wall socket, be it iPads, iPhones, androids, Galaxy tabs, or whatever. Throwaway society we live in. The technology advances so fast, you pay to drive bleeding edge technology. If it's not bleeding edge tech, like on a VW e-Golf, it depreciates even faster.

The fact of the matter is it's about how much or how little you can get off of MSRP. An SE will probably depreciate a lot less than a loaded SEL.

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