- A Volkswagen ID.Buzz just sold at auction for almost $11,000 less than MSRP.
- That would make sense if it had high mileage, but this one has only 398 miles.
- First Edition model came loaded with premium paint, luxury interior, and AWD.
Volkswagen’s electric reboot of the microbus has landed with a mix of curiosity, nostalgia, and sometimes, eyebrow-raising price tags. While it hasn’t been a smash success with a backlog of orders, it’s sold quite well for a van that is clearly overpriced, has questionable range, and keeps getting recalled.
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More: VW Denies Halting ID. Buzz Exports To US Over Tariffs
Back when it first arrived, dealers were tacking on markups that reached as high as $35,000. Hopefully, the seller in this particular auction wasn’t one of the people who paid that premium. If they were, the sting of depreciation just hit a whole lot harder.
A Van With Name Recognition and Flashy Extras
At launch, there really was no ID.Buzz customers could want more than the very-literally-named 1st Edition. That’s what we just saw trade hands over at Bring A Trailer. In this case, it is a 4Motion model with Mahi-Green and Candy White paint.
The cabin sports Volkswagen’s Dune color palette, heated second-row captain’s chairs, and massaging power-adjustable front seats. All of this should’ve been available to new customers for $72,385, said Volkswagen at launch.
Photos BaT
We have no idea if the original buyer paid that, but as mentioned, markups were normal when this van first came out. Even if this Volkswagen originally traded hands for exactly MSRP, the buyer just lost a ton of cash on it, and all they got to do with it was drive 398 (or fewer) miles in the process.
The high bid at auction was $61,500, which is still a lot of money for this vehicle, but it’s a far cry from MSRP. It lost 15 percent of its value in five months. That’s right, the seller picked it up in February of this year. That certainly makes a markup less likely but still plausible.
Silver Linings and Resale Lessons
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While it’s a tough pill for the seller, buyers might see the result as leverage. One commenter rightfully pointed out that the final bid could be used as a bargaining chip at a local dealership, especially for anyone considering a new ID.Buzz.
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