Volkswagen - Golf GTI Mk1, Mk2 (1988)

Ready to discover the true value of a classic hot hatch? Whether you’re hunting a Volkswagen Golf GTI Mk1, Mk2 price, researching Volkswagen Golf GTI Mk1, Mk2 1988 price, or simply curious about the overall worth of this iconic car, the information below guides you through the essential details. It offers a clear snapshot of what you can expect in terms of specs, depreciation, market position, and how to further compare it with siblings in the hot‑hatch universe.

• Model years: Mk1 (1976‑1983) & Mk2 (1983‑1988)
• Body style: 3‑door & 5‑door hatchback
• Engine options: 1.1‑1.4 L inline‑4 (Mk1), 1.6‑1.8 L inline‑4 (Mk2), all SOHC 8‑valve
• Power output: 65–70 hp (Mk1); 70–75 hp (Mk2) depending on tuning
• Torque: 90–100 lb‑ft (Mk1); 95–105 lb‑ft (Mk2)
• Transmission: 4‑speed manual (most common); 5‑speed optional on some Mk2s
• Fuel type: Petrol (gasoline)
• Drive layout: Front‑engine, front‑wheel‑drive
• Dimensions (Mk2 1988): Length ≈ 4,240 mm – Width ≈ 1,675 mm – Height ≈ 1,455 mm
• Wheelbase: 2,470 mm
• Weight: 1,040–1,090 kg (dry)
• Top speed: 135‑140 km/h (≈ 84‑87 mph)
• 0‑100 km/h (0‑62 mph): ~9.5–10 s
• Fuel economy (Mk2 1988): 36‑38 mpg (U.S. equivalents)
• Cabin features: Basic interior; optional alloy wheels, alloy pedals, manual power steering

Depreciation Insight

When it comes to classic cars, the rates at which they can lose (or sometimes gain) value are worth understanding. The Volkswagen Golf GTI Mk1, Mk2 depreciation typically follows a pattern that many enthusiasts recognize:

• first year: 15‑20 % drop from acquisition price (reflecting general market intake),
• years 2–4: 10‑12 % annual depreciation,
• years 5–10: 8‑10 % yearly, stabilizing eventually,
• beyond 10 years: a sub‑5 % drop before potential re‑value in niche markets (e.g., collectors, restoration projects).

Because many marketplaces log entry points close to the age of the cars, you’ll often observe modern listings showing the Volkswagen Golf GTI Mk1, Mk2 price at a discount of 30‑40 % relative to original retail. However, condition‑specific premiums (modifications, major restoration, low mileage) can tilt the scales upward, especially for the scant Mk1 tri‑door models, which are rarer than their Mk2 cousins.

What Is a 1988 Volkswagen Golf GTI Mk2 Worth?

Addressing the often‑asked question: “what is