Cheers newbie. I've been offered a Jun2000 P1 for 25k plus 10k for the McRae. Anyone got any idea what my McRae would fetch ? I've told the dealer I will think about it over the weekend. Make him sweat and then ask him to knock a grand off it.

 

None Prouder

I had the Elise for 2 years and used it as my everday car. Basically during the summer it was absolutely great. Not as quick as the P1 but you could go a lot slower to get thrills out of it!!

The main problem is that during the winter it really is not the best car to get along with. If your buying one as a Summer car and for track days then I reckon' its a wise buy. Also you will get a pretty cheap fist generation Elise now that the new shape has been launched.

Si

 

I have had a P1 for 1 year now and think its great the trouble with some P1 owners is they buy the car then want to sell it 3 months later if you want one go and get it now now now now
Brad

 

I currently drive a MY01 turbo and considered the P1 as the next step up for performance and fun factor, but after driving the P1 i felt the performance of the vehicle over MY01 did not warrant the extra 10 to 13k to change.I have recently drove an Evo 6 which retail from 20 to 23k and found the performance and handling were excellent and it well out-performed the P1 in every department IMHO.

Come the new year i know where i will be investing my hard earned cash and i'm afraid to say it wont be with Subaru and to anyone thinking about buying a P1 consider alternative options before you take the plunge, of course this is just my humble opinion.

 

Thanks SiWhite.

I understand the first gen Elise can be a bit skittish with a rear that's difficult to save once it lets go (not that I'm any good at doing that in the P1 - one track day, 2 spins, at Rockingham but thankfully not on the banking, ie near the wall).

None Prouder

 

I have to agree with wheelwright on this one. Having driven an STi, a PPP WRX, a P1 and then took out an Evo 6, there was only one choice for me!!!!

I have happily owned Scoobies for 3+ years but I have to say the Evo 6 is in a different class!!!! I just wish I'd bought one sooner!!!!

 

The only thing that puts me off the Evo is its sqaure lines - I mean who designed that car ? I could take a cardbox box, cut out the space for the wheels and I would have an Evo, okay, maybe smoothen out the edges a little then put an EVO 7 badge on it. Sorry - being flippant, I don't know a great deal about Evo's and I guess once you're in the car then it makes no difference.

 

Ash1 cant see how you can say that about the evo, looks wise its certainly better than the scoob more agreesive face and a body that looks like its been on steroids, an awesome looking beast!!! and with the performance as well.

My advice is too take one out for a test drive it dont cost nothing THEN you'll see what i mean

 

I guess its own to opinion at the end of the day - I've always liked the Scooby and in my own personal opinion I've never thought a great deal to the Evo's looks. I will add however that the EVO7 looks alot better - they've made it look a little more ergonomic.

As far as the Scoobs go - I've never had an issue with reliability, performance, service. Only problems I've had is ******* keying my car down both sides !! Still racked off about that.

 

ttt !!!!!!!

 

ttt !!!!!!!!!

 

Ricky, have you only got 2 keys on your keyboard ?

 

Thanks for your witty comment ! Unfortunately to some people like myself this topic of conversation is very important and hence the reason why I dont want to let it drop and keep referring it to the top.

 

No probls Ricky - Reds 3 Scum 1 !!

 

OK STI5/6 essetially the same car as the P1 and currently go for £14k-£16k or so (I know there are differences, but basically a 4 door STI 5 is give or take a very similar car to a P1 (but with extra doors)). If the P1 is going for £25k secondhand, remember at the lowest point these were going for £27k new! There will be more depreciation. Arron Bird ended up selling his P1 (with 18's, Big Brakes and Exhaust) for £21.5k to a scooby dealer, presumeably because the BMW dealer offered him even less. I think within a year the P1 will loose more money. Remember the perspective of the Impreza enthusiast is different to that of a car sales person. The P1 has been an over hyped, over priced, old model, depreciation disaster in car sales speak. Expect some bargins next year. Why spend £25k on a second hand old model, when you can have a fully warranteed shiny new STI7 for £23.5k (see litchfields or many other EU imports for details). Remember turbo cars started drop in price when people realised they could order a scooby in holland/belgium for £15k in 1999 when they were £21k with a waiting list in the UK.

Me, I'd wait on the P1 for a few months, come Feb/March they will drop below £20k. Just wait till they get out of the UK dealer network. Other options are buy a new STI7 (order now for Jan delivey!) or buy an STI5/6, both these will offer similar performance and much better depreciation as long as you avoid UK dealers!

Jon

 

Sorry Polarbear, done deal,seized the moment and went for it. Okay, I know I am going to lose money, but I'm losing money on my McRae too (all be it less in terms of a depreciating asset). Besides, I get a car allowance so that will take the sting out of it I guess.

 

Well said polarbear chap.
Only I think youre wrong
The P1 wont drop any more now IMHO.
I think it will level off.
Me I just add myself to the great Subaru ripp-off scam.
Shame we all fell for it really.
A great car that was soooooooooooooo too much money I just wish I had seen the light.

 

very few people will sell their P1's for less than 20k so how can people buy them?
there would be absolutely no point.
maybe there are a few verey high mileage examples or damaged,repairables for less than 20k

 

My experience of my McRae (ltd edition of 200) has not put me off buying the P1. Its still worth a lot more than a std 95N Impreza Turbo. I've managed to nearly get 11k for a car that is now 5 years old, when it was 21k brand new (something like that anyway). Not bad I don't think especially as there was a dip in there due to 2nd hand car prices dropping after manufacturers dropped the price of new cars.

 

Ash,

Picked my P1 up on Saturday. Everyone's right. You drive round with a stupid grin on your face.

I can't get over how different it feels to the Standard MY00. Even seems to be doing more MPG (whilst being driven fairly gently anyway). Only downside so far seems that clutch is slightly heavier in stop start traffic.

On the prices issue my dealer was saying when I picked the car up that the old model is still very much in demand. Personally I would like to meet the fictional scoobie enthusiast that polarbearit and others are talking about that would rather spend £21.5K on a new WRX than a year old P1. I dont think there are many. Nor am I that worried about going grey. Sure the jap STi may be a bargain but there are downsides - like my next new car dealer refusing point blank to offer me a trade in.


Forget the financial worries. If any Scoob owners are that concenred about money then they should probably sell up there motor and invest in a Ford Ka and a nice safe pension fund.

 

There certainly is alot of mixed opinions reguarding this topic. Anymore ????????

 

I'm a scoob enthusiast and I wouldn't touch a P1 - give me 2001 any day.

But then I use it as my main car and I want 4 doors 'cos of a family. And it's more refined and cheaper to run

Speed isn't everything....

 

Dude, speed is everything - its like a drug.....

 

Polarbearit YAWN.....CHANGE THE BLOODY RECORD

How many times do I have to read that I could have got an STi V5/6/7 and saved myself a fortune :yawn::yawn::yawn:


Overpriced, Going to fall below 20K (bear in mind that next year some of the early cars will be two years old) at the end of the day if you have been privileged enough to own a P1 or still own one as I do then consider yourself lucky. I dont think you will see another P car.

As with any new car if you sell within the first year of ownership be prepared to take a big loss. If you loaded said car with ££££'s and £££££'s of extras be prepared to lose 75% of the cost of the extras. This is why Arron lost so much on his car, not because it was overpriced(which it might have been at the time) or overhyped.

The P1 is the first and last of it's kind. I am still confident I will retain at least 50% of the value of the car after 3 years of ownership (providing I can keep the mileage down) which in anybodys books is good.

The current model even in STi form does not offer the rawness of the P1.


I have had a number of problems with my car ranging from the window motor squeeking to paint problems to problems with the suspension. Every time I have had a problem I have taken the car to the dealer who has fixed all the problems without a single question. This is something import owners can only envy.

I admit ownership is not without problems and if I could afford it I would change the car for something else. This doesnt mean I hate the car, I just get bored with having the same car on my drive for any length of time. If I was minted I would have it has a second car.

I still believe there is nothing that gives the same sense of satisfaction as the P1 when you tear up and down some A road. This feeling is something that even overweight M3 fails to offer.

Just my feelings and opinions on this much talked about debate.
Regards
Paul

 

Secured a deal on a P1 (get in 1 week) for my MY00 (march 2000) 5door turbo 30K dark blue mica vgc for £12200 price to change! does this help? (by the way I am changing from a company car to my own owned and I am buying the car for £13400 (seems to get better eh?).
Lol Matthew

 

Didn't want to consider paying crazy money for an STi and then having all the hassle of ringing roung every year to find that I am at the mercy of half a dozen insurers who could basically charge what they wanted and I would have no choice. Then theres the increased levels of a depreciating asset over a UK model. On top of that the hassle of servicing. All that sounds like too much red tape to me, hence why I opted to buy the P1. Drove it and immediately knew it was the right car. I'm 33 now and feel that this may be my last blast, can't really justify losing money on cars throughout my life - but I can do it one more time ! I was going to buy a "sensible" Merc C320 fully loaded motor or 330Ci Sport, but instead couldn't bring myself to do it and wanted the amazing power you get from the P1.

 

nigel
I use my P1 everyday. The thing still has the same amount of seats as a my01. If u cant be bothered to get off your **** to get to the back seats then thats your problem. And if u were an "enthusiast" surely the coupes are the ultimate impreza range has to offer. If u telling me "give me an my01 everyday" then i think u missing the point. If speed isnt everything get yourself a nice little 5 door sport, the running costs would be cheaper i believe.
ASH
well done my son, u will never regret. You will feel top of the world.

 

Just seen this thread - you guys are surely missing the point - the P1 is no classic - 1000 car were made and struggled to be sold. Their price will drop considerably when the new Prodrive version of the Uk Sti is released. The P1 is not the first and last P car - it is just the first. Dealers are not paying much in trade in and that is the true loss, not what you can buy one for. IMHO the P1 is great car but no better than many other Evos and Stis.

 

TIGGER

I agree that to buy a P1 now at list price would result in a big loss if you traded in within a year. Initial depreciation is sharp. However buying after the initial drop I think you have a good deal.

P1s can be had for 25k now on a W plate. I cannot see huge depreciation from that price over the next 18 months STi or no STi. Long term plenty of Scoob enthusiasts will be willing to pay reasonable money for them. I think the point that we all agree on was that they were slightly expensive new.

As for the new Uk spec STi - I think that IM will aim this product slightly lower than the P1 to keep the costs down and help sales. Projected power and torque are therefore well down on the P1 (especially considering weight gains). Given this I dont think the P1 will suffer a great deal more from the STis introduction than it already has with punters not being willing to pay the full asking.

Against the background to all of the above I think the following points should be made:-

1. Buy any other car and depreciation will be just as sharp as a P1.

2.Try trading in any new BMW for instance. Or an Evo. Or even a new age WRX.

3. P1 trade in prices are not that bad. People on this thread have mentioned Aaron's P1. However he was selling a car not trading it in. My experience is that any dealer will shaft you on any car if you do this and he knows you are desparate to sell. More realistically, Bob from Bristol sold his x reg p1 back to his dealer for £24k without a great deal of haggling.

At the end of the day alot of Scoob owners are still looking back to the heady days of 1998 when used cars were trading above list price and waiting lists were long. Thats all history now.

 

How many resprays do you think you will need in 3 years of ownership!!!!!!!!!!!!!!!!!