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Fifth generation (A5/Typ 1K, 2003–2008)

Volkswagen Golf Mk5 (1K)

Predecessor	Volkswagen Golf Mk4
Successor	Volkswagen Golf Mk6
Related	Audi A3 Mk2 Volkswagen Jetta VW Scirocco SEAT León Mk2 SEAT Altea SEAT Toledo Mk3 Škoda Octavia Mk2

Main article: Volkswagen Golf Mk5

The Golf Mk5 was introduced in Europe in 2003. In North America, Volkswagen brought back the Rabbit nameplate when it introduced the vehicle in 2006. The North American base model is powered by a 2.5 L five-cylinder engine, which produced 112 kW (150 hp) in 2006 and 2007, but was upped to 127 kW (170 hp) in the later models. A GTI version is powered by a turbocharged version of the 2.0 TFSI engine, producing 147 kW (200 PS).

Volkswagen also introduced the "Fast" marketing ploy for the North American market, "dedicated to the 'fast' that lives inside every driver". Drivers who purchased new GTI Mk5s from a dealership were shipped a model of said Fast, which employs GTI-like features. The GTI version is the only version on sale in Mexico.
The saloon/sedan version, again called Volkswagen Jetta in most markets, is assembled in Germany, South Africa, as well as Mexico. (In Mexico this car is known as Bora.) It was followed in 2004 by a new Golf Variant. The name is drawn not from the notchback version of the GTI can also be had in the GLI version. The front ends of the car are the same, with the only difference being that the GLI is a sedan, while the GTI is a hatchback.

Later models of the Mk5 introduced the 1.4 TSI turbocharged petrol engine with front-wheel drive.

In a comparison test conducted by Car and Driver Magazine, the Volkswagen Rabbit S was named the winner among eight small cars. While it was praised for its excellent driving position, fine instruments, and strong engine, it was criticized for having high levels of road noise, uncomfortable seats, and poor fuel economy. Though, the final verdict stated, "This one is all about driving pleasure, so it wins." The Rabbit also placed first in their final comparison in December 2006.

The Golf Plus was also introduced in 2004. This was a slightly larger version of the Golf Mk5 with a higher roofline.