Apart from the 106 GTi, no other new car can provide the surge that the VTS gives between 4000 - 7000rpm's, or the accelerative ability at high speeds, for the price. The car's best attributes are its acceleration flat out in 1st and 2nd gears, and its motorway prowess. I regularly drive on German autobahns as fast as the car will go, and it has always felt very stable. Handling is a bit hairy through fast Alpine corners though.
At lower revs, however, (i.e. city driving) it's very sluggish, and is not at all satisfying to drive.
The car is flimsy, and is very badly put together (everything that can fall off, does).
Depreciation is oh so painful.
The driving position is awkward (too high), and neither the front seat or steering wheel is adjustable for height.