I continue to be a bit grumpy about the Corrado market. Recently I recounted my story of encountering the Corrado G60, deciding ultimately that today it’s not the car I lust after. In part that’s because of its more desirable replacement, the SLC. Yet I have issues with that model as well, speaking back in July about not only how these cars were expensive when new, but often nice examples have pretty ridiculous asking prices vis-à-vis what you’re getting compared to alternatives today.
That brings us to today’s 1992 Corrado SLC. It presents better than most on the market today with only 74,750 miles. It’s a nice color combination of all black and wears the original BBS wheels. Unusually for these cars, there’s even what appears to be a pretty solid history of maintenance and a detailed hand-written log. Sounds great? Well, then there’s the price…
I have yet to look at a Golf R32 in 2018. It’s not for lack of examples; any given day, there are usually about 10 or so for sale on eBay and plenty more via Volkswagen-specific fora. But it’s the crazy asking prices that usually put me off from the first generation. I just can’t get on board, especially as Golf R prices have dipped down in to the low 20s. Heck, there are two Golf Rs below $20,000 right now. It’s therefore pretty hard to stomach the high teen ask on many first-gen R32s even with many hundreds of thousands of miles. They’re not the E30 M3, after all. Not even close.
So how do you get into an affordable R32? One way is to consider the second generation. Perhaps it was the styling, perhaps it was the DSG-only transmission, but even a very clean 2008 Golf R32 comes to market generally under the asking prices of the first generation. Still not your bag? Well, then you could get into this no reserve first gen – but a warning, some assembly is required…
When it launched in the late 1980s as a replacement to the ancient Scirocco, the Corrado was Volkswagen’s attempt to appeal to the Porsche crowd. With the supercharged G60 motor that may have been somewhat farcical, but when VW dropped the narrow-angle 2.8 liter VR6 into the nose of their 2-door Coupe it became more of a reality. Though on paper it didn’t have much more power, the VR6 was better suited to the design and weight of the Corrado. Zero to 60 plummeted nearly a second and top speed went up to a then-impressive 137 mph. But it was the all-around flexibility of the motor that proved the winner; torquey at low revs yet happy to head towards the redline, the Corrado finally fulfilled the promise of being a budget P-car.
Unfortunately, there was a price to pay. The base price for a Corrado in 1992 was nearly $22,000. Add a few options in and you were paying more than you did for a Porsche 924S four years earlier. To put it into even more stark perspective, the base price of a much quicker, nicer, more efficient, better cornering, better braking, more technologically impressive and significantly safer GTI today is only $26,415 some 26 years later. As a result, Corrados and especially the SLC have always held a cult status and higher residual value than the rest of the lineup. Today, as they head into collector status, many have been priced out of the market – a trend I’ve looked at several times, with asks of $20,000 and occasionally even more. So it’s refreshing to encounter a reasonable condition driver-quality example that’s priced within the reach of the group these cars appeal to:
What is the price for rarity? As I’ve mentioned in previous posts, enthusiasts will sometimes go to extremes to have something just a bit different than the norm. Take today’s Golf. Like the 1989 Volkswagen GTI I looked at a few weeks ago, something odd will stick out to the brand faithful that will probably go unnoticed by nearly everyone else. First off, for the U.S. market, the VR6 was limited to the GTI range. This looks like a GTI with the dual chamber headlights and foglights, VR6 badges and BBS wheels. But another minor detail then rears its head – or, in this case, rears its doors. That’s right, this is a 5-door Golf VR6 from Europe. Look closer and you’ll notice items such as the textured flares, deeper chin spoiler and fender mounted directionals that differentiate ROW A3s. So what will getting into this rare-to-see VW cost you today?
For me, the Jetta got a lot more interesting when it came to the fourth generation. That’s mostly because the Mk.4 came in a myriad of variations. Sure, there was no coupe as there had been in the first and second iterations. But I’d gladly trade the odd two-door sedan for what did come to the U.S., as the Golf Variant finally arrived here as the Jetta Wagon. Engine choices were plentiful, as well; the base 2.0 continued on, but there was the torquey and tunable 1.8T, the thrifty 1.9 TDI, and…of course…the 2.8 liter VR6, Volkswagen’s party hat since 1992.
Mild revisions in the late 1990s gave the VR6 174 horsepower and 181 lb.ft of torque. In most Jettas, the VR6 had been paired with the “GLX” package since the prior generation. They were fully loaded with electrical accessories and leather interiors in an attempt to bring the economy sedan closer to near-luxury models. But since the GLX and VR6 came with a serious premium on the Jetta – almost $6,000 over the base price of the 2.0 GLS Wagon – Volkswagen offered a de-contented GLS version of the VR6. I remember a friend purchasing one when new and excitedly showing it to me. There it was – a Jetta which looked pretty much like every other Jetta, but with a VR6 under the hood. It had smaller 16″ wheels, cloth interior, and…like pretty much every other basic Jetta…an automatic.
So, two days after the last cheap and interesting spec Jetta, here we are again. This one is in a very interesting configuration, as well. It’s a GLS wagon – so, cloth interior and no sunroof, but it was selected with the VR6 motor and is mated to a 5-speed manual. Talk about a sleeper!
Update 2/6/2018: After selling in November for $2,250, the new owner of the Candy White GTI is selling it with an uninstalled turbo kit asking $2,900 now.
Tired of seeing high prices for Corrado SLC VR6s? Today is your day, because nearly all of the fun offered in the 6-cylinder Corrado was also slotted into the GTI. For a hair under $20,000, you got the same thrilling 2.8 liter VR6 mated solely to a 5-speed manual. Did you want an automatic? Well, then buy the Jetta. Sure, that motor and the bigger body of the Mk.3 meant it was quite a bit heavier than the previous GTIs had been – by 1995, the ‘hot hatch’ had bulked up with 700 additional lbs of super-weight gain Mk.3000 versus the A1. But faster? Without a doubt. With nearly double the horsepower of the original U.S. market model, 0-60 was sub 7-seconds and you could hit 130 flat out. Coupled too with VW’s ‘we don’t care if you think it’s broke we’re not going to fix it’ styling attitude, the Mk.3 might have not looked as slinky as the Corrado, but underneath it was still a Golf and as such, practical.
So while the Corrado pretended to be a Porsche, the GTI remained the answer to the ‘what if’; you wanted a Porsche, but you a) didn’t want to (or couldn’t) pay for a Porsche, and 2) you occasionally needed a car that you could actually use to transport things other than your smile. This was the recipe that made the first two generations successful.
It was no surprise then that the third generation GTI remained a niche hit for Volkswagen even in relatively dire times for European imports. While finding a nice GTI VR6 can be quite difficult, it was a bit of a Thanksgiving treat to see two pop up in my feed. So which is the winner?
Update 12/23/2017 – This R32 is back with almost no changes a year and a half later – except the price. When I looked at it in June 2016 the seller was hoping for $16,700. It’s now up to $17,400. Will this bold strategy pay off?
For a few generations, Volkswagen fans were denied the cream of the crop for Volkswagen products. It took several years to finally get the original GTi to these shores, and then it wasn’t quite as hot as the European version. The second edition might have sported twin cams and 16 valves, but Euro customers got the addtional option of a supercharged, all-wheel drive version. There were plenty of cool options missing from the U.S. lineup in the 3rd generation, too – including the 2.9 liter VR6 Variant Syncro. So there was a bit of rejoicing finally when the all-wheel drive hot hatch was finally added to the U.S. lineup after the initial launch in 2003. Sporting the same 3.2 VR6 found in the TT, unlike the Mk.1 TT it was 6-speed manual only. It was also only available as a 2-door model, with special body kit unique to the R32 and dual exhaust to help announce its sporting intentions. With the best part of 240 horsepower on tap, it certainly seemed like the ultimate Golf and the sound generated from the narrow-angle 6 was mesmerizing. While heavy weight meant it wasn’t considerably quicker than the 1.8T models, it nonetheless has secured a spot in U.S. fans hearts as the top trump from the Mk.4 generation:
Update 7/10/18: Now with a lower $9,000 no reserve opening bid, much better photos and a black leather interior, the neat Jasmin Yellow Corrado 24V VR6 has been relisted relisted here
Update 3/11/18: The seller of this unique Corrado has relisted it again on a no reserve auction, but now with a higher $12,500 starting price.
Update 11/1/17: I was taken to task for my critique of the pricing on this example. The builder and many of his avid fans chimed in to offer more history and background of the build and its thoroughness. Additionally, the seller was able to point toward the $10,000 recent sale of a similar 24V modified Corrado to justify his pricing. It’s a comp that I hadn’t seen and certainly backs up his starting price argument. Thanks for the input to all our readership who know the seller and the build better than I did! -CJ
1992 was an interesting year of change at Volkswagen. At least for the next decade, it signaled the end of the hot water-cooled EA827-derived 4-cylinder models that had made it popular once again as a modern, efficient economy car that was capable of plenty of sport, too. 1992 was significant in this regard, because although the engine labored on for a bit, alongside the twin-cam, high-revving 16V GTI and GLI or the gutsy G60-supercharged Corrado came the new VR6 power unit. Displacing 2.8 liters, the new engine went without exotic forced-induction or peaky twin cams. Instead you just got low-end grunt and great noise, and 170-odd stampeding horses running across the front of your Volkswagen. In short order, the Passat, Jetta, GTI and even the EuroVan all moved to six cylinders.
1992 was even more notable because for the U.S. market it was the sole year where both the G60 and SLC VR6 were available together in the Corrado lineup. It was also unique because of the tones available; Corrados had been available previously in Nugget Yellow LK1B, but in 1992 it moved to Jasmin Yellow LK1D. It then promptly disappeared from the color catalog after few were ordered, making it one of the most infrequently seen tones on an already seldom seen car:
I’m sure you’ve seen it once before. Someone takes a regular sedan or wagon, grabs a sawzall, then three months later out rolls a car with a bed on it. Usually the rear window is something out of a truck at the junkyard and is held in by some leftover bathroom caulk. The entire car now has the structural integrity of a pool noddle and it’s only a matter of time before the entire thing collapses. But what if I told you that there is now a way to make a ute from your VW or Audi without risking your life and everyone elses lives on the road? Thanks to this 2001 Jetta ”Ute” in Detroit, I now know there is an entire market for these conversions.
After its unceremonious and unexplained exit from the U.S. market with the introduction of the third generation Golf in 1993, the GTI came roaring back in a big way for the 1995 model year. Sure, it was bigger, bulkier and well…roundier, but it came with a bunch more gusto thanks to the addition of the VR6 motor as seen in the Corrado and Passat models. The single-overhead cam, twelve valve head lacked the race-bred feel of the Mk.II 16V, the new motor more than made up for it with the addition of two more cylinders. Good for 172 horsepower and 173 lb.ft of torque, it swept the hot hatch from 0-60 in 7.1 seconds and produced a 15.5 second quarter mile at over 90 mph. But much like the original, the GTI was more than the sum of its numbers, with drivers enjoying the great 6-cylinder soundtrack which accompanied the waves of usable torque.
Of course, like all VWs from the period, it was expensive. Really quite expensive. A base GTI VR6 rolled out the door in 1995 at $18,875, and with a few options it wasn’t difficult to breech $20 grand. Yet that was still only a little more than half the money it would take you to grab a same-year M3, which offered only a bit more motivation and cornering prowess. Catch the pesky BMW driver off-guard, and they’d be unlikely to easily out-drag you. So you could either look at this model as a really expensive Golf or a really cheap BMW. That was what the legendary GTI had always been about, and this was a resounding return to form and continuation of the brilliance that was the GTI 16V, even if they felt (and, looked) completely different: