Apologies in advance to Bluie for adding nothing more constructive than an attempt to get away from playground name calling.

It's true that John as a potential buyer has an interest in a low price, equally owners are often optomistic in their assessment of their cars value. In the end, as has already been stated, it is only worth the amount someone will offer. E.g My cousin has a 1954 Morgan 4/4 in perfect condition, he values it at approaching 30k my bid wouldn't exceed four figures. Doesn't mean he's right or I'm wrong, but a deal only gets done when the gap narrows to a level where negotiation is an attractive option for both parties.

Terzos initially had almost bombproof residuals with with used cars selling at close to new prices. But the bubble burst, I lost close to 10k on mine, so I have some sympathy for Alan. But no amount of propaganda will increase the value of the car.

Five months ago I would have happily taken £14k for a 99% perfect car (two tiny chips on the bonnet and a small scuff on door interior) 30,000 thousand miles, no track days, balance of warrany, Multi CD, PIAA lights, High Spoiler, Original unmarked mats, New Bridgestones & unused full size spare, etc. etc.

Forecourt prices at that time £15k, part ex offers generally around £12k (an outright trade buy would be lower) and I would guess 60,000 miles would have taken at least £1000 off that figure. But a drive to a local showroom and a couple of telephone calls is the best way to get a valuation.

BTW Alan, traders at this end of the market can't work on a £1,000 mark up. A few basic calculations will show the figures are flawed.


[Edited by banshi - 11/1/2001 1:13:13 PM]

 

98 R Terzo for sale

60 k miles, piston slap sorted with re-built engine at 58k

Full S/S exhaust de-catted still have original

Quick shift and 6 CD stacker

Full Subaru service

Not sure of the value, open to sensible offers

 

current values are around £9500-£10500 for that sort of mileage.

Do you have a picture and a more detailed description.

I am looking to go for a Turbo MY98 in a couple of weeks so may be interested. I need to sell my Sport first.

 

I am also looking for a turbo around that year & price any chance of some pics and more info.

 

I guess for that year the price might be right, but for the Terzo I understand they carry a premium of at about 20%

Not able to post picture

Should have said I've owned it from new

One was on for a trade in at £12,600

 

You're right, averagely there is a premium of 20% over the price of a standard MY98 Turbo. Just the mileage that will devalue it a little I was lucky, mine has only 28k on it now (23k when I bought it)

 

now I'm no expert at selling cars but surely the worst thing you can say is 'I don't know how much my car is worth'!

also don't say I want between xxx and xxx as you've given away your lowest price.

Put it up at what you thinks it worth - if you get no takers lower the price a littele. But not too quickly, if someone is genuinly interested they will negotiate.

 

I would want one with 35,000 miles on the clock for £12.5K.

The market for Impreza Turbo's is a bit toss right now. If i sell my Sport i would offer £10K tops for the car with that mileage.

 

John please wake up!!!!!
This guys Terzo is worth at least £13000 of anyones money.
To offer 10K only proves your still asleep having a dream/counting sheep.

 

well i've seen an R 98 for sale at a subaru dealers website for £17k!!

admittedly its done just 23k.

guess its worth wot someone will pay when they see / drive it.

good luck with the sale.

steve

 

I paid £16000 for my Terzo but I got 2 years ext Warranty on top of the balance of the original. That said,it would only cost £500 to get that from Subaru any how. So that's £15,500 (23,000 miles)let's say the dealer takes £1,000 (£14,500) for a mint car.
Even if the bodywork is sahgged and the car needs new tyres It's EASY worth £13,000

 

I paid 14.5k for mine, with 3 years warranty, 23k miles... on an R plate

 

Maybe it's worth £13K of someboby elses money but it is worth £10K of mine. Thats just the way it is. I am very much awake and awair of current scoob turbo prices and thats what i would pay for a 60K mile car. I am looking to buy right now. You can buy MY98 UK turbo's with that mileage for under 9K without any problems, i would pay the extra 1K for the terzo but no more.

 

I think your information is slightly distorted, and optimistic to say the least, Parkers guide certainly disagrees. Or maybe your money is worth more than everyone elses??? ...we may never know.
Needless to say, IMHO I think your chances of picking up a 'well maintained' scoob for that price are dillusional at best. As the old saying says.... ' you get what you pay for '

 

indeed you do.

parkers valuation for this car and mileage is on this link

http://www.parkers.co.uk/pricing/use...=&partner_img=

They value my own car £1200 more than i know i can sell it for so i dont think i am being unrealistic. It's a buyers market right now, very little is selling unless the price is low enough to give an incentive.

 

john nice one for the parkers giude
i am spot one with my price!!
pam

 

Parkers guide is and does overstate values and is mainly aimed at the general public.
I have to agree with John here and say that were you to look at Glass's Guide or CAP you'd be even more alarmed at how much less they book your Terzo

 

After all that though, The car is still worth £13,000 regardless.

 

It's worth what someone will pay for it. No more. If someone pays £13K then its worth £13K. If you cant sell it unless the price is dropped to £10K then its worth £10K. Doesn't matter what you paid for it, thats not the buyers concern, thats yours.

 

Bluie,

Good luck selling your car after whats happened to this thread
Better advertise somewhere else i think.

 

i hope the car is sold for what you are asking also. Blieu asked for a value as he didnt know it's worth. I have given my opinion of that value. I am someone who is seriously looking to purchase a car soon, i have looked into this for a while.

I am just telling things the way they are right now. No one who has money invested in cars wants to see the value of that investment plummet but that is the reality of the UK car market right now. Part of that is down to the UK buyer waking up to being ripped off by the dealers and buying in Europe, some is down to supply being greater than demand for this type of car. Some of it is down to UK prices for new cars dropping after the discrepencies with europe were finally called what they were and the UK not standing for being called "treasure Island" any longer.

Take a look through the threads in here, cars are selling for much less than 12 months ago. I am just as affected by this as the rest. I work damn hard for my money like the rest of you no doubt do and i wont buy something that i know i instantly would lose money on because i paid more than the market would stand if i had to sell.

I think the events of the 11th sept have also made people nervous about spending such large sums of money on a car also. Many people in the UK are feeling financially threatened as the climate in business is definately taking a downer right now.

All this added up means lower prices in the 2nd hand market place. Sorry if that doesnt fit your image of what is happening.

 

someone sold a terzo on here a few days ago - mighjt be worth doing a search and asking politely what they got for it?

at least it's real world - pointless comparing to ones dealers are selling they can afford to have it sat around for longer than most private sellers.

 

As someone else who is looking to buy a Scooby, I wholeheartedly agree with John.

I fully sympathise with people who bought a Scoob a few years back and are now facing a substantial loss, but there's no way I'm going to pay over the odds on a car where supply exceeds demand.

It's a buyers market out there just now, with not many people looking to spend that amount of money in the current economic climate.

If you look at some of the price guides - such as Parkers - you'll get a better idea of prices. But at the end of the day the old chestnut about your car only being worth what someone wants to pay for it still holds true.

Anyway, I hope you have success in selling your car

 

Seems a bit strange to me that everyone who's after buying a SCOOB reckons the market is SHI*E and everyone who's lucky enough to have one thinks otherwise?
I reckon it's the people after buying that are putting a downer on everything. Strange that John wants Turbo for not a chaff much more than his sport is "going for".

 

Nothing strange about it. I have a 31,500 mile mint car and am in no rush to sell. I'll put it up at a price and see what happens. I am advertising it for 4K less than a terzo of the same miles/condition/year which isnt unrealistic.

 

Alan does have a point. Be interesting to see what you get for your 'sport' John, after all, its a buyers market out there you know

 

I know it is. You dont advertise at your bottom line now do you?

I am quite happy to hang on to my sport, it's a brilliant car i love to drive. I would like a turbo now but i do still have a 480BHP/tonne car in the garage if i need some big power fun.

 

Can't disagree with that.. start high, cause you'll get knocked down a bit, no matter who you are or what you're selling.

Sounds like you don't need a turbo if you have that kind of fun sitting in the garage!

 

I have been very happy to run my sport for two years, i dont need to change it, especially after the services etc that are happening in 2 days. I just fancy driving something with a bit more grunt every day. Lets face it, nobody needs a Subaru Impreza Turbo or Sport.

 

If I wanted to start a debate on the seller/buyer market views, I would have posted in the General forum under a different title!

I appreciate the realistic price guide given via Parkers. Mine does have the full S/S exhaust which may have to go seperate and the car back to standard.

Now perhaps we can get back to the title of this topic. As it has been said it is worth what someone is prepared to pay and indeed what the buyer is prepared to accept.