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Fed up about hearing whingers and depreciation losses

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Old Feb 4, 2003 | 05:30 PM
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From: Markyate.Imprezas owned:-wrx-sti5typeR-p1-uk22b-modded my00. Amongst others!
Angry

Im sick to death about people posting on here about how much money they have lost on their brand new cars, usually bug eye owners buying a MY03. Are these people so thick that they didnt realise that there was bound to be a heavy loss after owning the car for such a short period of time.

I have some sort of sympathy for bug eye owners that bought a car only to find that IM has knocked a few grand off the price, but thats life, happens in every market in the UK.

The days when there were high residuals for an impreza turbo are well gone. It should be obvious to anyone with half a brain thats done any kind of homework before they got the car that they would lose a packet if they sold so soon. Its the same for most brand new cars, you lose several thousand as soon as you drive out of the showroom, nothing changes that rule unless you have a high demand car which is in short supply.

And why are they changing for the new model anyway ( as seems to be the case on many posts), as i understand it its not much different to the MY01-MY02. These are probably the same sort of people who used to crow that the bug eye design has "grown on them", yet as soon as the next big thing is launched that looks a hundred times better there a stampede for the new car.

I bought one of the last P1s available, if i sold today id no doubt lose about 6-8 k on it, am i bothered? No. I knew this would be the case when i got the car and was not likely to sell the car in the near future.

The mind really boggles.

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Old Feb 4, 2003 | 05:38 PM
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totally agree 100% what ever the car you will loose money on it big time its called wear and tear
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Old Feb 4, 2003 | 05:39 PM
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hear hear

just sold p1 private and got new sti 8

dont think 6k loss over 2 and a bit years is bad or i wouldn't have changed/ bit like moving house and you don't complain then.

one very happy sti 8 owner
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Old Feb 4, 2003 | 05:42 PM
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From: Throwing myself down a mountain at every opportunity...
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Totally agree - apart from the 100 times better bit

Unfortunately on a public forum of over 20000 people you are going to get these kind of whingers. The best way of dealing with it is ignoring it...it'd soon be on page 4.

Sadly, people can't help but rise to the bait.
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Old Feb 4, 2003 | 05:54 PM
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point taken about the hundred times better, ill just say an improved look lol
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Old Feb 4, 2003 | 05:55 PM
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From: Throwing myself down a mountain at every opportunity...
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*doesn't rise to bait*

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Old Feb 4, 2003 | 06:05 PM
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From: LIVERPOOL THE CENTRE OF EXCELLENCE
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Hello Vaughan,
Long time no see.....

Was going to turn up at Bognor for your birthday but something came up,you know how it is.

May be next time.

If people moaning about loseing money on their cars upsets you,dont read the posts,easy isnt it.

Later Yoza
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Old Feb 4, 2003 | 06:19 PM
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Cool

I have to agree, I have just sold my P1 and also bought an 8 with ppp and down pipe removed -AWESOME kicking out about 340.
Had my P1 for a year lost about 10K but who cares its only money. LOL!!!!!!!!!!!!!!!!

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Old Feb 4, 2003 | 06:41 PM
  #9  
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From: Markyate.Imprezas owned:-wrx-sti5typeR-p1-uk22b-modded my00. Amongst others!
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Yoza, yes long time no see. Youd have been more than welcome going to the meet in December, youd have met all 30 of us. Re not reading the posts, having read a few of the original ones, it gets boring when more pop up.
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Old Feb 4, 2003 | 06:50 PM
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I agree as well. The depriciation is great for us second hand buyers - £12500 for a one owner UK MY00 with 35000miles sounds like a pretty good deal to me.

Even the so called slow depreciating cars are bad in cash terms, even if they look good on percentages. A Porsche (cast iron residuals) may lose a small percentage but it still adds up to a lot of £0000s
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