Following up on the low-option GT4 and the high-option but low desirability 924, here’s one that’s firmly in No Man’s Land: a 1998 Volkswagen Golf GL.
In roughly 1999, a local-to-me European car business turned up with something quite unusual. It was a pastel blue 1984 Volkswagen Rabbit. There was nothing particularly special about it; it was a base model with steel wheels. It wasnâ€™t unusually optioned. It wasnâ€™t a GTI. In fact, there was only one really remarkable thing about it â€“ it had only 5,000 miles on the odometer from its single owner, and was in close-to-new shape.
The story went that the original owner had suffered a heart attack when the car was quite new. The widow had left the car in the garage, untouched by all but dust, until finally an estate sale liberated the single oil change bunny. The condition was certainly astounding, but to me the asking price at that time was, too. The seller was looking for $5,000.
It was pretty cool that the car was like a new fifteen year old car, but then cars had come a long way since 1984 in 1999, and the collector market on the Rabbit hadnâ€™t really taken off. In 1999, $5,000 would have bought you a very nice 2.0 16V GTI, after all.
Fast forward to today.
Itâ€™s been over twenty years since todayâ€™s equivalent to my parable was new in the dealership. Like my memory, itâ€™s a very basic Golf in very good condition with very low mileage. Similar to my story, cars have come a very long way in the past twenty years, and a quick jaunt in this buzzy, basic, and slow Golf will quickly remind you of that. So has the market on a clean, low mileage base Golf taken off yet, or is this doomed to a similar fate as my Rabbit â€“ to sit and wait for just the right nostalgic buyer? Because that clean Rabbit today? Well, it’d probably sell for $20,000 on the right day. This Golf, though?