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Old 18 October 2004, 11:15 PM
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JonathanC
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Unhappy WRX value

Hi all

I need to sell my '01 WRX and, because of the finance agreement, it seems easiest to sell it back to the dealer. Anyone have an informed idea of what ball park figure they would offer. Been on various valuation sites and they all give wildly different results. The car is a green 01 wrx, full subaru history, 46000 miles.

Any one in the know who can help?

Thanks

Last edited by JonathanC; 18 October 2004 at 11:17 PM. Reason: coz I cant spel!
Old 18 October 2004, 11:33 PM
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MattW
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You know you can just walk away if you have paid half the money.

Hazard a guess at 10k maybe a little less.
Old 18 October 2004, 11:51 PM
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rotty
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my Jan 01 WRX with 68000 on fetched £8500 but that was 6 months ago
Old 19 October 2004, 09:33 AM
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JonathanC
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Originally Posted by rotty
my Jan 01 WRX with 68000 on fetched £8500 but that was 6 months ago
That sounds a bit depressing, I prefer Matts value!!

The problem is I have only owned it for 10 months so haven't paid enough to just hand it back.

Anyone else have any experience/idea of what I could expect?

Thanks for the replies so far
Old 19 October 2004, 11:10 AM
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sillysi
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I know it was some time ago but it may help. Jul-03 MY01 WRX 26K miles with all Prodrive goodies minus PPP, £13500.
Old 19 October 2004, 11:45 AM
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RRH
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A dealer will be bidding sub £10k sorry matey

You have to be careful handing back a car on the 50% rule, as you can end up getting black marks against you as the agreement isn't completed.
Old 19 October 2004, 12:35 PM
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Matt Classic
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If you bought it from a dealer 10 months ago and are looking to hand it back, be prepared for a bit of a shock.
He would have sold it to you at retail and will now look to be buying it back slightly under trade as you will not be buying anything else from him.

You could be left with a fair bit of negative equity in the car if the loan was over 3 or more years.
Old 20 October 2004, 01:27 PM
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JonathanC
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Unfortuantely you pessimistic s*ds were right!! couldn't even find a dealer interested in it. Spoke to one and if they did want would only offer £9k!! Said they had too much stock and prices were failing due to the extra discounts IM are giving them on '04 stock.

Thanks for the advice, anyone want a nice green 01 WRX??
Old 20 October 2004, 03:33 PM
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jmk
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Would have thought you'd be lucky to get £9k IMHO. Mate has an immaculate WRX for sale with 15k miles, new tyres and not a stone chip in sight; he was offered £9k. (It is a Euro import though, but it looks and drives like new.)
Old 20 October 2004, 04:22 PM
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mmuuzzzzyy
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are we talking BUGEYE wrx for 9k??????
Old 20 October 2004, 04:41 PM
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MattW
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We are
Old 20 October 2004, 06:10 PM
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mmuuzzzzyy
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8 1/2 k.................ehhh???

All wrx my01's for sale by me are in xs of 11k ??
Old 20 October 2004, 06:16 PM
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BrynO
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Seems we are talking trade offering £9k, which means about £10 - £11 on the forecourt for an EU import, maybe £1k more for a UK, sounds about right to me.
Old 20 October 2004, 06:23 PM
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mmuuzzzzyy
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oh right!! silly me
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