Is $40K too high of a price tag for a Golf?

The all-new 2016 Volkswagen Golf R is listed at $39,995 on the VW Canada website. The hot hatch packs a 2.0-litre, 292 horsepower motor with 280 lb-ft of torque. It also comes with all-wheel drive, leather-trimmed sport seats, push-button start, dynamic chassis control and 19” rims. Check out the official site here:

But is this price tag too high for a Golf? Purists will surely say no and point to similar cars like the WRX STI ($37,995) and Mitsubishi EVO ($41,998) as proof. Others might point to less expensive vehicles such as the BMW 228i ($36,000), BMW 320i ($35,990) or Audi A3 ($31,600) as reasons why it could be viewed as overpriced.

What do you think? Give your answer in the discussion thread: