<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:<HR>Originally posted by Chins:
<B>BT52

You just need a phone. UK cars cost 20.3k max without hard haggling. The old days of no discounts are long gone. Some dealers still pretend though

Jonathan[/quote]

Have to wait for May for the bucket seats though, or so I am told, whereas Europe have had them for a while already (and they are cheaper over there than the airbag versions, over here they will simply be a no-cost option!)

 

Who says Ive gone for a MY01 ?. Yes I would buy one, but picked up a brand new S3 48 hours ago, so Bang goes that theory.

I got close to buying a MY01 and FYI another P1. Just listened to Uncle Pete and didnt bother .

Just some independent advise from an Audi driver.

Jonathan

 

I hold my hand up, I'm sorry that I saved £7000 importing my scoob from Belgium and promise I'll never do it again

 

That'll learn ya

 

I feel I must also apologise for paying only £14,500 for my car last September. But at least all the owners of UK cars(whatever they may be) can sleepy easy at night because their cars come with a 3 year warranty.
Also I haven't seen many X reg Turbos for sale for less than £14K - so Subaru residuals seem pretty good to me.
Just my tuppence.

Raj

 

Try getting rid of a MY98 with a whole bunch of mods if you want to see depreciation

You guys are funny.
Do you really think the imports are what is causing the glut in sales?
The scoob is a victim of its own success.
When I first got mine there were not many around and now I see loads every day.
Stop whinging and just be glad you have the resources to buy the damned thing.

Go on then, flame me. Go on ...

 

[QUOTE]Originally posted by Mark_S:
[B]I keep reading Pete Lewis's comments about UK cars, cant work out if he's serious (anyone know if he works for IM PR dept?), or just on another planet.

"Be VERY happy its a UK spec car"

No, I dont work for IM !!!

I live on the planet called common sense - which is why I have so much fun on here!

Its quite simple what I meant - watch my lips - a UK car will drop less than an imported car - its a well known fact from my planet of common sense. You can stick your head in the sand as much as you like, but when you come up for air you will STILL find that the UK car is the one everyone wants (granted an EU import is a better bet than a Jap one - but they are still viewed with distrust by the general public)

Pete

 

Raj
If you had bought your car from Belgium you would have the 3 year warranty. Of course if you want to sleep easy in your bed you could always send IM a cheque for the £7000 that you saved, I'm certainly considering it

Glen

 

So its a fact that UK cars drop less than Euro imports Pete? Hmmm..

So if a UK supplied MY2000 on a V has dropped six grand (and is now worth £14500), does that mean that a Euro supplied MY2000 on a V has dropped more than 6 grand, and by my reckoning is worth less than £9500?

If anone has one for this price, please mail me and I will write a cheque today.

Did anyone hear a cuckoo?

 

'Its quite simple what I meant - watch my lips - a UK car will drop less than an imported car - its a well known fact from my planet of common sense.'

OK the car that started this thread is now worth 58% of its original price after 6 months.

How much difficulty do you think I would have selling my MY00 with 8k miles for more £8,700? Not a lot I suspect. Therefore my car will have dropped by a smaller percentage.

I think you may want to revisit planet common sense and have a check with them

BTW the only way I could afford a Scooby was by importing it from Europe, otherwise I would be driving around in a Sunny GTi-R at the moment.

 

Of course, this is ALL down to EU import cheapskate b4stards like myself and nothing to do with...

* the new model which is more powerful if you believe the hype, undoubtedly more refined, definitely better handling...

* the EU scrapping import quotas from Japan last year, meaning that IM were free to import as many as they wanted.

Blaming parallel imports is fairly deluded given these two factors above. The second one is overlooked, but, if my logic is correct, must have had a major influence on the lack of waiting lists!

Back to the original question: your scoob's worth what someone else will pay for it. Mine is certainly worth more to me and as I saved around 7k, I'm none too bothered. I'll be keeping it for another couple of years yet!

 

People on here quote lots of figures

£7,000 less than a UK car with 3 year warranty Cat 1 etc. So can I buy a new UK spec WRX for £13,000 with 3 years warranty and Cat one. No I cant. Best prices are around £17,000 when brought upto full UK spec and warranty.

People are talking about historical data, things have moved on. Look at Virgin, Litchfield, JamJar etc etc. The number of people that go direct and get even better deals is SMALL. Yes there's a number on here, but your average Turbo buying person is not on here. Ex there is about 20,000 turbos in the UK min, and about 300 active posters on here. 1.5% of owners

Jonathan

 

Mr Spudgun,
I was ambling down the road to the station yesterday and saw a sexy P1(or lookalike) parked in a garden, it wasn't yours by any chance??

On the subject of residuals, I hate to be a swine but for us short of cash Scooby wannabee's it's great.

I doubt I'll ever be in the position to be able to buy a brand new car and not be put off buy the immediate drop in value, I'm too much of a tightwad.

Therefore if the prices(not value I hasten to add) of the cars do drop there's going to be a lot of happy people out there, then again after the frenzy to own these cars over the last couple of years, was an oversupply problem so hard to forsee.

Regards and good luck should you decide to sell.

Dave

 

I think I am the luckiest.

I paid well under the odds for my car, but the real beauty is, I dont care how much money it is worth now, or how much it has lost since new, because I love it dearly and am never going to sell it.

It will cost me thousands in the future on performance mods etc. but I am a car enthusiast and this is one of my ultimate dreams cars for my collection (including two ferraris, and the odd porsche). So, if I dont spend my money on this then what will I spend it on.

Home: done it and can afford mortgage
Hifi: done it
Home cinema: done it
music and film: do it every month


situation may change when (should be if) I get a wife

I think if you are apssionate about cars then you accept the cost, but if it is just a means of transport, you should buy a smart car, like I will do next.

 

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:<HR>Originally posted by Chins:
<B>People on here quote lots of figures

£7,000 less than a UK car with 3 year warranty Cat 1 etc. So can I buy a new UK spec WRX for £13,000 with 3 years warranty and Cat one. No I cant. Best prices are around £17,000 when brought upto full UK spec and warranty.
[/quote]


Sorry but you are wrong. My WRX is costing me £16,000 including delivery, CAT1, full UK spec 3 year warranty and I've even fixed the exchange rate. I can send you all the details if you don't believe me.

UK car will cost £22 (YOU try getting a discount!)

£6000 will never be made up by depreciation differences and the longer you keep the car the closer the depreciation difference will become.

 

UK Dealers can give discounts on the new WRX, have been offered one for &lt; £20k. There is still a vast saving to be made from buying in Europe, but the gap has been reduced with the new WRX.

 

My local dealer refused to budge a penny from list price.
Although he did say he could throw in some mats! Gee thanks...

Boost II, what do you make of them, are they a decent dealership?

 

Pete T.
I should be even more ashamed cos I saved £6,500. But I'm not! You are joking of course..I hope

 

I keep reading Pete Lewis's comments about UK cars, cant work out if he's serious (anyone know if he works for IM PR dept?), or just on another planet.

"Be VERY happy its a UK spec car"

I just dont see what Spudgun should be VERY happy about. Where's the happiness in losing 10-11K in the value of ones car in 6 months Fact is we've all lost money on our Scoobs recently - even Pete and his UK spec car. I for one am going to keep mine a good while longer to get some value out of it!. When I start getting bored maybe it'll be time to bolt on the PPP

 

If anyone hasn't noticed Chins has plumped for the MY01 which is faster,better and less depreciating than the slow older scooby...particularly than the slowest of the slow MY00 model. Ha Ha Ha.
Good luck mate, keep at it and you'll eventually convince yourself. It's wearing a bit thin now you know. Emperors new clothes or what!

 

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:<HR>Originally posted by spudgun:
<B>i toyed recently with the idea of chopping the scoob for something more understated/comfortable. [/quote]


Try a Legacy RSK B4 if you don't mind driving an import. Most of the main importers have a few with both tiptronic and manual boxes, I prefer the manual. Don't worry about the hesitation between the turbo's as this can be virtually eliminated with the simple earthing modification mentioned elsewhere. Much much better interior,lots more room and very capable.

 

I think the point that Pete is trying to make (somewhat badly) is a general point.
Its happened to all makes that I can think of, and will happen to scoobs as well.

UK prices high, limited supply, and therefore very low depreciation. 2 things then happened in recent years, 1 people imported greys, partially price related, but also spec related. And then the Euro import thing happened.
Scoobs also had the supply limit problems where IM couldnt supply as many as they could sell. This increased the benefits of the two points above, greys and euro specs. Most of the other manufacturers didnt have his problem as bad as they could virtually supply whatever volume they could sell. UK waiting lists were circa 9 months, so the delay of an import euro or grey wasnt an issue, for other makes it was, do you want to order a car for delivery in 3-9 months, or 1 week?

So, a number of things happened at once, Euro imports became easy for the majority in that you could deal with brokers who took a cut, but it was lower than the saving by a long way. IM could virtually supply whatever they wanted,and as Chins says a new model was launched (although it doesnt seem to have develeoped the same following, so maybe the effect will be less dramatic once things settle down). What also exagerated the price differential was a dramatic worsening on the value of the currency that people were buying imports from, so all imports euro/grey were made cheaper than they were. Sooner or later 1 of 2 things will happen in Europe, the exchange rates will revert to a more realistic value (hence putting the UK price up), or the prices will go up in Europe to some extent (this has happened to some models already).

So whats Pete trying to say, that UK specs dont go down in price as much?
Sort of correct. What there is evidence for is that people would prefer to buy secondhand a UK spec that is not modified. Its the same with other makes as well, look at the MX5, they had the same high residuals, so imports came in which meant supply wasnt keeping the prices up. All models dropped in price (dramatically), then the punters started buying UK spec models for less, the price of the Eunos (spelling?) dropped again as they had to to sell them.

Obviously every make is different, but there are horror stories of parts being unavailable, potential insurance problems and a few other bits and bobs that rightly or wrongly make a lot of people want a UK spec. I have a mate who had a problem with a UK spec imported from europe which DID have some different parts on it. (Not scoob)

 

My Scooby is priceless
I took me long enough to get it and I don't care how much it's depreciated. I didn't buy it cause I thought it might have a good resale value, I bought it because I wanted a performance car that I could afford.



Mike


[This message has been edited by RB170 (edited 30 March 2001).]

 

Are we missing the point that generally new car prices have been forced down - by us, the public! - and the dealers are still getting their cut by giving poor trade in deals. I know the new Scoob isn't any cheaper list price, but some dealers are willing to discount.

If you want bad depreciation - BUY A BMW - my mate traded in a 3.5 yr old 525se for a brand new one (£31K in all) their first offer was £2600 - that's not a mistype - £2600.
Everybody is suffering poor residuals.

As for me - I don't care. I'll be keeping the car for a while to come to enjoy it!

 

Blue,

sorry but that has got to be crap.

Firstly 3.5 years ago they didn't even have a 525se it was the 523se. Second even with intergalactic mileage the trade value is circa 10k.

NO new shape 5 is worth as little as 2.5k, especially one being traded in for another. If it is a genuine 97 model tell your mate if he took less than 10k he is a mug!

 

dj fish
nah, not me mate. mines pink mica ( did u see that pete!) P1 lookylikey ha ha.
i'm usually down the a12 to colchester every morning around 9. if u flash i'll wave ( ooer missus)
personally, i blame the dealers( i always do ) they took the p1ss before enforced price cuts, now they are taking the p1ss with trade in values. greedy ********* the lot of em!
i have just joined the queue for a leather retrim of my interior, which will happen in may, so i'm commited to this car for quite a while yet. that doesnt mean i wont buy a secondhand runaround though...i'll trade THAT when i get bored!

 

MESAGE FOR PETE LEWIS - stop harping on about UK cars. It seems to me that the full spec UK cars are the ones that without a doubt have been worst hit in terms of depreciation. Are they really the best buy therefore? I think not.

I for one am bloody hapy at the mo, and confident that it is not all bad if you like to negotiate - just sold my MY95 Sti 2 RA with 40k miles for 10k pounds and bought 2 weeks later...... MY97 Sti3 (with ALL the goodies) including 17" Technomagnesios and brand new SO2s for.....10,350 and 24k miles. I am a VERY HAPPY MAN.

Sorry to brag, but I'm feeling rather exuberant at the mo!

 

D'oh

[This message has been edited by please help (edited 30 March 2001).]

 

Thanx Robski - very well put - I couldnt (and didnt) put it better myself

But then you all know that I say things in the way I do because I LOVE playing with the saddos that I get on my hook!!

UK cars are still the best and most sought after

Unmodified cars are the ones most sought after

AND the 5-door is KING

pete

Oh YES - one more thing - FORGET about the pink mica

[This message has been edited by pslewis (edited 30 March 2001).]

[This message has been edited by pslewis (edited 30 March 2001).]

 

I really don't care! Bought mine 2 1/2 years ago. Was cheap at the time...high miles etc. But it has served me well, and I've had just the most loads of fun out of it. Not planning to sell it in the near future..its not worth much... my only decisions will be is it economical to repair it when the turbo/clutch/engine goes. And it will hurt a lot when I need a new set of tyres. But what the hell...I enjoy the damn thing and don't worry about what it's worth. Bad investment? ABSOLUTELY!! But what on earth are you doing here if that's what you're worried about....
GET OUT THERE & DRIVE!!!!!