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Volkswagen - Golf GTI Mk3, Mk4 (2002)
Looking for a Volkswagen Golf GTI Mk3, Mk4 price guide? Whether you’re a newcomer to the GTI family or a seasoned enthusiast, understanding the cost curve of these iconic cars starts with the years that define the Mk3 and Mk4 generation. Released in the early 2000s, the Volkswagen Golf GTI Mk3 (production 1995‑2002) and the follow‑up Volkswagen Golf GTI Mk4 (production 2002‑2008) have long been celebrated for their blend of performance, practicality, and German engineering. The question many ask is: what is a 2002 Volkswagen Golf GTI Mk3, Mk4 worth? Below we break down the key facts, depreciation trends, and comparisons so you can make an informed decision, whether you’re buying used or exploring the market for a potential investment.
Key Specs Overview
- Engine: 1.8‑L and 2.0‑L DOHC engines – 170 hp (Mk3) and 200 hp (Mk4) depending on model and market.
- Transmission: 5‑speed manual or 5‑speed automatic. Some markets offered a 6‑speed manual in later Mk4 trims.
- Fuel Type: Conventional gasoline, 87 / 89 / 93 octane options depending on country.
- Drivetrain: Front‑engine, front‑wheel‑drive layout for everyday practicality.
- Dimensions:
- Wheelbase: 2,603 mm (Mk3) / 2,627 mm (Mk4)
- Length: 4,117 mm (Mk3) / 4,119 mm (Mk4)
- Width: 1,761 mm / 1,770 mm
- Height: 1,418 mm / 1,423 mm
- Interior: Sport seats, aluminum pedals, iconic GTI gauge cluster. Mk4 added optional adaptive suspension in higher trims.
- Safety: Dual front airbags, ABS, optional electronic stability control in Mk4.
- Warranty: Typical German warranty of 2‑year/24,000 km for brand‑new vehicles; third‑party coverage varies for used models.
Depreciation Insight
The Volkswagen Golf GTI Mk3, Mk4 depreciation trend is fairly typical for performance hatchbacks from the early 2000s:
- First year: Roughly 15–20% drop from the MSRP once the car leaves the showroom.
- Year 2–4: Average annual depreciation of ~8–10%. The GTI’s strong resale value keeps it above the industry average for this segment.
- Year 5–10: Shifting to a 4–6% yearly decline, assuming no major mechanical issues and moderate mileage (5,000–7,000 km per year). Owners who maintain service records often see the value stabilize around 40‑45% of the original price.
- Beyond 10 years: A slow 2‑3% year‑on‑year drop, primarily due to aging and the emergence of newer GTI generations.
In comparative terms, the Volkswagen Golf GTI Mk3, Mk4 2002 price is generally higher for the Mk4 model because of its revised engine tuning and optional upgrades. For instance, a base Mk4 with 200 hp may command a premium relative to a Mk3 with 170 hp, though both fall under the same depreciation umbrella once you factor in contemporary mileage and condition.
Market Comparison Context
When you compare the GTI Mk3 and Mk4 to peers, several stakes emerge:
- Versus BMW 1‑Series and Audi A3, the GTI offers a more engaging chassis with a cheaper insurance profile.
- Relative to the Ford Focus ST (same era), the GTI’s inline‑four engine delivers smooth torque, and its European lineage appeals to buyers valuing understated power.
- Performance‑centric competitors like the Mini Cooper S produce less power but boast a retro‑modern aesthetic not matched by the GTI’s practical hatchback utility.
While newer model
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 3 years ago | used | £0.00 | Unlock all links | |
| 3 years ago | used | £0.00 | Unlock all links | |
| 4 years ago | used | £9,995.00 | Unlock all links | |
| 4 years ago | used | £3,250.00 | Unlock all links | |
| 4 years ago | used | £1,695.00 | Unlock all links | |
| 4 years ago | used | £1,695.00 | Unlock all links | |
| 4 years ago | used | £1,695.00 | Unlock all links | |
| 4 years ago | used | £1,695.00 | Unlock all links | |
| 4 years ago | used | £1,795.00 | Unlock all links | |
| 4 years ago | used | £1,295.00 | Unlock all links | |
| 5 years ago | used | £1,295.00 | Unlock all links | |
| 5 years ago | used | £1,295.00 | Unlock all links | |
| 5 years ago | used | £1,295.00 | Unlock all links | |
| 5 years ago | used | £3,350.00 | Unlock all links | |
| 5 years ago | used | £1,295.00 | Unlock all links | |
| 5 years ago | used | £1,295.00 | Unlock all links |