Well I am definately in no hurry now so will see what happens at the end of the summer. Either sell the classic and spend an extra 10-12k on getting the P1 or keep mine and spend a few grand tarting it up performance wise and cosmetically.

Autotrader will be the place I advertise though if I do sell as prices on here are just too low to compete with.

My recipe:

Take a Classic
Add Prodrive Pro suspension (£1,500 all in) - to give P1 handling
Add EcuTek (£800) - to give P1 power
Now you've got a P1
Add big brakes (£1,500 TSL's 6-pot kit) - to brake later than P1
Now you've got the P1-beater :)

Total cost £4k

I'm with Peanuts on this one. I bought my "old" classic because I was so impressed with its acceleration and roadholding and the fact that it has a "character". I have not changed my mind one bit since, and have done several mods which cannot be seen but have improved it considerably. I don't care if it has lost some value-it is still worth all that I paid for it to me. And I am not concerned about whether other people are impressed with it or not.

You can't treat a thing like this as an investment, more like a constant source of pleasure.

Les :)

Well said Les ...cars are not an investment Just wait for the Audi TT bubble to burst ! http://mindscraps.com/s/cwm/cwm/spin2.gif

And just to put those straight about my original post, I never bought the car as an investment and expected it to lose value as any car does, just was shocked to see in the 15 months I have owned the car that my year of model has gone from being £11k to £7k!!!!!

It is a constant source of pleasure, I have done 18k miles in 15 months purely pleasure driving after work and at weekends and spent well over 3k on Optimax, it doesn't get used for work or day time during the week :D

Just always wanted a P1 and its now a possibility I could get the money to gether to buy one thats all. Don't want to get rid of my car but crave a P1 and always have done since they came out!!!

One other thing to remember is that the P1 is a classic shape STi Type R.......


Dan

It's a bummer I know , but do you think The P1 will hold it's value well, or will it start to slip when they also get to 5 years old plus ? ..could be a case of deja vu
All the best
Dave.

I would guess the P1 would hold firmer due to its limited edition status? Guess I am gonna be wrong then! So wait till its 5 years old and their prices drop like a stone? ;)

That MY97 with 49k is a car I am wanting to buy... but I can't shift my Golf which is a problem. Yes, there are a lot of Acoobs under £7k now and as folk have said, they are becoming old cars... that's still 40% of the new price nearly 6 years later - that's not bad if you ask me!

I have wanted a Scoob since I could drive, and now it is becoming affordable for me to realise this dream...

Limited edition Classics might do well, especially the RB5 and P1.
Have you checked out the prices of RB5s on SUBARU.CO.UK recently, if anything, they're going up!

I think P1 prices will settle a little, especially as people use them more and the average mileage increases. Added to my previous post about fuglies etc...and the fact that there's more P1s than RB5s.

Question is will they level out and firm up? And when? I reckon another year or two to find out. A lot can happen in two years though :-(

Vindaloo.

Personally I reckon GOOD P1's (I know most are ) will end up like the Escort Cossies on the price front , they're a classic & people will be offering good money for them in years to come , some Escort owners are still after 20k , whether or not any of them ever get this is another thing , but they seem to have got together & decided that anybody selling a Cossie should ask for mega bucks & keep the prices high.

Scoobs are really a victim of there own success...... firstly they're cheap to buy new, so secondhand prices must drop accordingly.
Most people are now aware of the performance and what an Impreza is, on a money for performance scale they're hard to beat, basically they are a cheap performance car. Nothing wrong with that.

The downside to this is it will attract a different type of owner. Possibly someone who originally wouldn't have considered a scooby.

Lets be honest here......most (alot?) of the cars you now see on the road are fairly heavily modified, normally with a back-the-front-baseball cap driver, 7000rpm in 1st gear down the High Street.........I hate to say it but I think the image is only going to go one way.

So would anyone pay £6k for a minter 93 WRX STi with 62k on the clock???

depends in you'll take my golf as a px :D

I'm not selling!

I see your point Bravo and yes I could put up with a P! too:D

Maybe they will get cheaper eventually.

Les :)

You can buy a brand new 03 import wrx for £16500 (16800 otr) this has got to effect secondhand prices imo.

I was thinking just like many of you to sell my MY 99 and maybe get a P1, but having to spend at least an extra £10k doesn't make sense.

So I'm keeping it and modding. Should cost me about £3k, cheaper than 10!

Maybe many will do the same and the supply will dry up and prices will rise - just in time to sell.....

If you dont want to pay the expense of upping to a P1, get yourself an STi5/6 TypeR/RA. This is a much more capable car than the P1 and costs significantly less to buy.

To me this makes more sense than spending thousands on modifying a UK Turbo because you will never get the handling you get as standard with the TypeR/RA with its DCCD etc. They are 280BHP out of the box, acelerate faster than a P1, you choose how it handles by adjusting the DCCD settings to taste, if you like oversteer you have it, if you like neautral, you have it, if you like understeer you can have that too. With the UK spec cars all you get to choose is understeer.

I could bore you for a long time on how good an alternative these cars are, but i wont put you through that today. :D LOL

If you are worried about the 100RON Map, get an ECUTEK remap. (the P1 and STiV use the same Map anyway) I run the car on SUL/Optimax plus a bit of NF octane booster.

Costs a packet to insure though compared to a P1. The P1 would be an extra £200 on top of what I am paying now, an STi5 basic one is double my current premium on a UK car let alone going for type RA :eek:

Expensive what ever route you go.

Still tempted to mod but the MY98 can't have its ecu replaced as I have been told, only remap the existing one :( Surely this isn't as good as uprating the ecu is it?

Plus the amount it would cost for full brake upgrade, 17" wheels and tyres, some body styling like rear wing (mid level) and colour code the sills and mirrors plus the re-mapped chip would set me several thousand wouldn't it plus the increase on insurance premium for the mods?

Plus the car then wont be worth much more on resale so never get any of that expense back. Where as the P1 is more outlay initially but will be better to insure and resell?

AFAIK MY98 can have it's ECU replaced.

It cannot have it's standard ECU remapped though.

It can however be remapped by the addition of a piggy back chip or board, Lots of places do these including G Force, Power Engineering etc.

Thinking of having mine done in the near future.

Power Engineering told me it can't be replaced on my model, but they can remap it :confused:

Don't forget there are two types of MY98, one is the same as the MY97 and one is effectively the MY99. Mine is MY97 model which can't have the ecu replaced where as the newer MY98 can have the ecu replaced as far as I understand.

Total nightmare having two different specs in the same year so I may be wrong.

[Edited by ************** - 6/18/2003 1:35:35 PM]