This Buzzcut after merely 398 miles will make you reconsider spending above MSRP | Carscoops.

This Buzzcut after merely 398 miles will make you reconsider spending above MSRP | Carscoops.

      An early purchaser faced a five-figure loss on this nearly-new VW ID. Buzz, and auction statistics indicate an unexpected trend in depreciation.

      A Volkswagen ID.Buzz was recently auctioned for nearly $11,000 below its MSRP.

      This would be understandable if it had high mileage, but this model has only 398 miles on it.

      The First Edition model came equipped with premium paint, a luxurious interior, and all-wheel drive.

      Volkswagen’s electric version of the microbus has been met with a blend of curiosity, nostalgia, and occasionally, surprising price tags. Although it hasn’t achieved overwhelming success with extensive order backlogs, it has sold reasonably well for a van that is evidently overpriced, has uncertain range capabilities, and continues facing recalls.

      When it was first released, dealers were adding markups that soared as high as $35,000. It is hoped that the seller in this auction wasn’t one of those who paid that extra amount. If they were, the impact of depreciation would be quite significant.

      A Van With Name Recognition and Eye-Catching Features

      At its launch, the ID.Buzz offered everything that customers could desire in the aptly named 1st Edition. This specific model recently changed hands at Bring A Trailer. It features a 4Motion configuration with Mahi-Green and Candy White paint.

      Inside, the vehicle boasts Volkswagen’s Dune color scheme, heated captain’s chairs in the second row, and massaging power-adjustable front seats. Volkswagen indicated that all these features were available for $72,385 at launch.

      We cannot ascertain whether the original buyer paid that amount, but as noted, markups were standard when this van initially arrived in the market. Even if this Volkswagen was sold at the MSRP, the buyer has incurred a significant loss, having only driven it for 398 miles or less.

      The highest auction bid reached $61,500, which is still a considerable sum for this vehicle but is significantly lower than the MSRP. It lost 15% of its value in just five months, as the seller acquired it in February of this year. This likely makes a markup less probable, but it remains a possibility.

      Positive Takeaways and Resale Insights

      While this situation is painful for the seller, it might provide buyers with leverage. A commenter astutely noted that the final bid could serve as a bargaining tool at a local dealership, particularly for anyone interested in purchasing a new ID.Buzz.

This Buzzcut after merely 398 miles will make you reconsider spending above MSRP | Carscoops.

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This Buzzcut after merely 398 miles will make you reconsider spending above MSRP | Carscoops.

An initial buyer suffered a loss in the five figures on this almost-new VW ID. Buzz, and auction statistics indicate an unexpected trend in depreciation.