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p1 trade in value

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Old 16 August 2004, 11:23 PM
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nickejmartin
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Default p1 trade in value

bit of a shocker - p1, 11,000 miles, 2001 registered, full Subaru history, lots of extras, morettes, electric recaros, tints, firestorm decat, extended warranty to Jul 05 and 11 months MOT - £14,000 against a Evo8 MR340 demonstator - priced at £31k complete with wing dent and scuff marks on rear spoiler.

And it didn't seem much quicker than the P1.

Guess what the EVO salemen was told!!
Old 16 August 2004, 11:25 PM
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bluenose172
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£14K for your car, he was trying it on big style!!

With it's age and mileage I'd expect it to go for £19-20K!
Old 16 August 2004, 11:53 PM
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ben44
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check the p1 site for links to ebay. There selling well and for a lot more than that
Old 17 August 2004, 10:37 AM
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Deep Blue Mica
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Evo dealers are only offering about 20 to 21k for 8FQ-300s against the MR 340, so no shock there!

DBM

PS: the Evo is in a different league to the P1.....trust me
Old 17 August 2004, 11:06 AM
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C
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Originally Posted by bluenose172
£14K for your car, he was trying it on big style!!

With it's age and mileage I'd expect it to go for £19-20K!
Are you on drugs?

Maybe 2 years ago!
Old 17 August 2004, 11:12 AM
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S.B.
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Originally Posted by bluenose172
£14K for your car, he was trying it on big style!!

With it's age and mileage I'd expect it to go for £19-20K!
You really think a garage would allow that much for a trade in?

What car do you have?
Old 17 August 2004, 11:17 AM
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Senior_AP
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Garages want to make money, not to have a PX all the time. They get your car dirt cheap or not at all. PX you get about 70% max of the cars actual value - and when they sell it; they sell for more than market value by giving a poxy liitle warranty with it. My previous Vectra GSI, sold private for £7500. PX was offered 6k. Its always been like that ands always will. PX is ****e. Sell it privately.
Old 17 August 2004, 07:00 PM
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bluenose172
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Originally Posted by S.B.
You really think a garage would allow that much for a trade in?

What car do you have?
Not for a trade in, I was thinking private/dealer price.

What does it matter what car I drive?
Old 17 August 2004, 07:02 PM
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StevieCar
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I'll have yours off you for 15k if that's any better. Probably a decent private price. Let me know what you want for it. It would save me some searching.
Old 17 August 2004, 07:04 PM
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bluenose172
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Sorry, but a P1 with that super low mileage and registered in 2001 is worth a lot more than £15K.
Old 17 August 2004, 07:20 PM
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S.B.
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Refering to your post here:

Originally Posted by bluenose172
£14K for your car, he was trying it on big style!!

With it's age and mileage I'd expect it to go for £19-20K!
He was talking about trading in
Old 17 August 2004, 07:21 PM
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So the dealer wasn't "trying it on big style"
Old 17 August 2004, 07:25 PM
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Sorry, you've lost me.

I realise he was talking about a trade in! If a dealer offerred me that price for that car, I'd think he was trying it on. My post was intimating that he'd be better off selling privately, and by offering that price for the car the dealer was hinting that he should do exactly that!
Old 17 August 2004, 08:03 PM
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S.B.
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Originally Posted by bluenose172
Sorry, you've lost me.

I realise he was talking about a trade in! If a dealer offerred me that price for that car, I'd think he was trying it on. My post was intimating that he'd be better off selling privately, and by offering that price for the car the dealer was hinting that he should do exactly that!
He is not trying it on its a trade in!!!!!!!!!!!!!!!!!!
He will not get offered full 'over' retail for it.
Old 17 August 2004, 09:03 PM
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bluenose172
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I realise that!

What part of me saying he should sell it privately don't you get?

Incidentally(or not as the case may be), someone over at P1WOC was just offered 18.5K against an STi 04, his had more miles than Nicks!

Last edited by bluenose172; 17 August 2004 at 09:07 PM.
Old 17 August 2004, 09:09 PM
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S.B.
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Originally Posted by bluenose172

I realise that!

What part of me saying he should sell it privately don't you get?
Where in your post is selling privately mentioned??????

Originally Posted by bluenose172
£14K for your car, he was trying it on big style!!

With it's age and mileage I'd expect it to go for £19-20K!
You are saying the dealer is trying it on!!!!!!!!!!!!!

You could hope for 19-20 private but the point i am making is 14k from the dealer is not trying it on as you put it.
Old 17 August 2004, 09:12 PM
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bluenose172
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Do you get on with your shadow mate?

"Not for a trade in, I was thinking private/dealer price." - I wrote this!
Old 17 August 2004, 09:14 PM
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bluenose172
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I also think the trade in value is a good £2/3K off!
Old 17 August 2004, 09:15 PM
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njkmr
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You could hope for 19-20 private but the point i am making is 14k from the dealer is not trying it on as you put it.[/QUOTE]



If its worth 19-20 k private the dealer is not trying it on.Hes trying to have your pants down!!!!!!!!!!!!!!!!!

Last edited by njkmr; 17 August 2004 at 09:21 PM.
Old 17 August 2004, 09:16 PM
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marty
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That was me I was offered £18,500 for my P1 against a sti 04 .My P1 has 27,000 miles 2000 w Prodrive upgrades brakes, exhaust,18" wheels,I am the only owner as bought i have owned it since new.Anyway decided to stick with the P1 feels a lot better to drive although the sti 04 had a better interior.
marty
Old 17 August 2004, 10:08 PM
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STiRob
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You would get more in p/ex for a P1 from a Subaru dealer! They can charge more the car and get more people interested in that kind of car. Plus the Subaru garage will want your business so will be prepared to have a smaller margin in the car to sell a new one!
Id say the EVO dealer isnt trying it on. They Will have a bid on the car from another trader/s and these traders will not pay book price on the car, theyl pay below book so they can make there money by moving it through the trade or retailing it! The EVO dealer will more than likly not be able to retail the car as it is non franchise stock, and more than that in the only competitor to the EVO so may take a sale away from that!

The EVO is a totally different car and is in a different league to the Scoobs. But its a lot dearer to buy and maintain with 4500 mile service intervals!

Oh, ive worked as a salesman for Subaru in the past and have owned an STi v4 for two years, but now work for Mitsi as a salesman!!!!!!!!!!!!!!!!
Old 17 August 2004, 10:22 PM
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StevieCar
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Bluenose, I was trying for a result on that car there. Trying it on as you might say.
Just saw a P1 with 108,000 on the clock for 12750. I think Nick should get about 18k on a trade in. I would expect to pay over 20500 for that car from a dealer.
IMHO
Old 18 August 2004, 09:15 AM
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bash
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£14K thats bol**cks.............about 2 weeks ago at the Auction in Brighouse
an X reg with 40K miles....no warranty.....no service record....and no gaurantee of mileage......tatty car with lots of re-painted panels...went
for £13800....................
Old 18 August 2004, 09:38 AM
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Simple, don't trade it in. You lose out big time.

Just sell it privatrely. If its a good one it will sell easy.
Old 18 August 2004, 11:10 AM
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Originally Posted by bluenose172
I also think the trade in value is a good £2/3K off!
Phone a dealer & find out then

I did for a giggle & tried to get an underwrite, I phoned the 3 biggest dealers in the area...

The car was specced as this was but with the brakes, lights, seats, wheels, exhaust.

The best bid I got was £15k from a Subaru dealer....

The trade in value is pretty much spot on as were the traders comments, "it's over 3 years old now, these cars are hard work when they are close to £20k retail"

& his ot commens which made me laugh "let me guess he thinks its worth £19/20k, I don't envy you telling him otherwise"

Sorry to say, but that value looks about spot on!.

I didnt pay much more than that 3 years ago for my 1 owner, 9700 mile W reg P1 so how it's worth what you think it is now I have no idea!
Old 18 August 2004, 03:51 PM
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neen
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Originally Posted by bluenose172
Sorry, but a P1 with that super low mileage and registered in 2001 is worth a lot more than £15K.
Have you been looking at prices recently? went to c d bramall in cheltenham they had P1 my '00' with 35k at 14k!!
Old 18 August 2004, 06:45 PM
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Originally Posted by neen
Have you been looking at prices recently? went to c d bramall in cheltenham they had P1 my '00' with 35k at 14k!!
Yeah, I have been looking at prices. A P1 with warranty with 11K is worth about £19.5K/18.5K dealer/private sale. Can't comment on the condition of the car you have seen!

Last edited by bluenose172; 18 August 2004 at 06:52 PM.
Old 18 August 2004, 06:54 PM
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Originally Posted by nickejmartin
p1, 11,000 miles, 2001 registered, full Subaru history, lots of extras, morettes, electric recaros, tints, firestorm decat, extended warranty to Jul 05 and 11 months MOT - £14,000
Sounds about right for a modded P1 mate

THe peeps want a standar low milage P1 to buy the modded ones really are a turn off.

Sorry mate but its how it works at the moment with the P1s.

THey are a Classic and they still cut it with the new age stuff.

Just peeps wanting to invest in a old classic they want orginal.
Old 18 August 2004, 07:24 PM
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z80
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Nickejmartin,

About 2 years ago I traded my P1 in for an FQ300 Evo VII.

Worst thing I ever did. The P1 has real character. The Evo was horrible.

Simon
Old 18 August 2004, 07:41 PM
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My 15K is looking better now NickMartin


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