97MY. R. Reg, Turbo 5door,Reddish blue,completely standard,73kmiles(mainly m/way),Full subaru service history,bodywork v.good (just a few chips),inside like new.New clutch,brakes,full set F1's recently,One owner (my lease co.),not been boy raced or abused.What is its realistic market worth? Advice/opinions please.

 

Are you buying or selling?

 

A tricky one to value in light of the high mileage, and large number of euro-imports flowing in for approx 15500GBP new.

Why not phone up several dealers posing as a seller, and see what they say? If the car is your lease car, you could even drive it around to a few.

You also have to ask yourself what it will be worth when it hits 100K miles though. This is still a psychological factor for many people, probably made doubly worse by the fact that it is a turbocharged car. You may be looking at a fair whack from depreciation.

 

[QUOTE]Ive had the car from brand new,soknow that its been treated fine (despite its miles). I will get the right to buy at lease end (they wont commit a price yet).Depending on what this is, against what its worth,I may:- i)buy it for Mrs. ii)send it back. iii)buy it,then sell to recover a small proportion of the monthly outlays.
New 4dr.turbo coming mid next month, cant wait for the next 70K+ miles in it!

 

Thanks G.C.
I have tried a few, with little interest shown because of the mileage they seem to have plenty of stock of plenty expensive 2/3 year old low milers.Because of this I dont think they like it to retail.

 

If the trade don't want it, you should be able to buy it from the leasing company for a price that suits you, sir ....

Check Parker's Guide, or similar, available in newsagents, for your car with average mileage (approx 10k/year), then deduct £1k for each 10k miles yours is over the average. You'll not be far away from a fair market value then. You should still try to get it cheaper from the leasing company - they should have made their money from the car during the lease term.

Brian

 

I know someone who bought an M-reg (I think) about 6 months ago that had 100,000 miles on the clock. He paid £10,000 for it.

Mind you it was white, 5-door and had a sun roof.

If I was you and given that prices have come down recently I'd offer between 10,000 and 11,000

Regards
James

 

I will look it up in my Feb 2000 Glass's guide when I get home later. This will be after 22.00 (poor shift worker!)Unless I forget of course.
Tim

 

I'll give you 10k for it Wakky - honest - get back to me if you are gonna sell it off to a dealer for a trade in - that would save in the turbo conversion wouldnt it John !

 

Thanks for your reply Brian, as you would expect, dealers want it for the least they can get away with (lowest risk/no p/ex to offset against), for sure the lesing company will sell it for a price that suits them (rather than a price that suits me),they wont quote until it has to go back, they are probably expecting a decent price given that residuals were holding well at contract start 8/97 and did their figs on this?who knows. I think the opinion I am looking for therefore is Whats it worth in a private sale? Thanks guys.

 

I bought mine last December for 13700, private sale. It's a completely standard Dk Green 97MY 5 door on an R plate, with 29000 miles on it when bought.

Hope that helps. I think I was lucky with this one as most I saw were 15/16K for this age/condition. I far as I can tell, the market is slowing down a bit for secondhand Impreza's - Well Lane Turbo's in Batley have had a nice silver 97MY 5 door with a/c on sale for about 3 months! It's still 15K though...

Cheers,

Stephen

 

Wakky here you go..Forgot last night sorry.
Trade £11495
Retail £13090
Offer the trade value or somewhere in the middle and the car'll be yours I would guess. Good luck

Tim