2012 Vw Gti, Dsg, Clean Only 6k on 2040-cars
West Monroe, Louisiana, United States
Body Type:Hatchback
Vehicle Title:Clear
Engine:2.0 TURBO
Fuel Type:Gasoline
For Sale By:Private Seller
Make: Volkswagen
Model: Golf
Warranty: Vehicle has an existing warranty
Trim: Base Hatchback 2-Door
Options: CD Player
Drive Type: FWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Mileage: 6,430
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Sub Model: GTI
Exterior Color: Gray
Interior Color: Gray
Disability Equipped: No
Number of Cylinders: 4
2012 VW GTI DSG transmission with only 6400 miles.Original owner, I bought new in June 2012. It's all stock has plaid interior, color is carbon steel gray, GTI rubber mats, power windows and lock, 2.0 turbo motor, paddle shift, tinted windows, heated seats and mirriors, bluetooth phone setup,phone charger and aux plugin. car averages 25-30mpg. I have babied this car since I have had it, it has never sat outside in the weather. Runs and handles very good. There is not a single scratch,dent,chip or scuff on the car no where. Still looks like it came off show room floor still has new car smell.Never smoked in. It still has 3-year 36,000 mile warranty. There is a lean through VW credit. Buyer is responsible for shipping cost. Selling to go back to school. Thank you
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Auto blog
VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
Fri, 14 Mar 2014It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.
VW confirms new TDI for second half of 2014 in Golf, Jetta, Passat and Beetle
Tue, 18 Mar 2014Diesel lovers rejoice. Volkswagen is bringing the latest iteration of its 2.0-liter four-cylinder diesel engine - dubbed the EA288 - to the 2015 model year Golf, Jetta, Passat, Beetle (2013 model pictured above) and Beetle Convertible, and the cars will be on sale in the second half of 2014.
While it shares its moniker with the old diesel, the new engine produces 150 horsepower, a 10-hp boost, and 236 pound-feet of torque. VW promises improved fuel economy as well, but it hasn't announced specifically what amount yet. The company claims that despite the same displacement, only the bore spacing is shared with the previous version. The mill includes new features like exhaust gas recirculation, an intercooler integrated into the intake manifold and low-friction camshaft bearings.
VW Group of America has had great success with diesels in the US recently. Vee-Dub and Audi sold 105,899 diesel-equipped models in 2013. It was the first time the group ever sold over 100,000 diesels in a year, and they accounted for 24 percent of sales. Scroll down to read the full press release about the announcement.
$1.4B hedge fund suit against Porsche dismissed
Wed, 19 Mar 2014Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.