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MY02 STI Prices - DEPRESSING

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Old 07 January 2005, 02:56 PM
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Silvafox
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Default MY02 STI Prices - DEPRESSING

Just looking into getting rid of mine and the parkers prices filled me with joy...not!

Dealer: £14225
Private Good: £13590
Private Poor: £11555
Part ex: £12825

Cost £25000 in December 2002.
Old 07 January 2005, 03:18 PM
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Gary H2
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Only depressing if you're selling!
Old 07 January 2005, 03:35 PM
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eric Scofield
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spect that cheered him up enormously ...

Old 07 January 2005, 03:38 PM
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ARRON BIRD
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I got £17100 PX for mine 2 months ago against a WR1.
Pretty good I thought.
That had everything on it.
Old 07 January 2005, 03:43 PM
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RichardSimpson2004
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£13,500 private sale for mine 3 weeks ago (non prodrive 02 STi)....and that was after no interest for a couple of months!

Was selling in London though I'm sure it would have sold quicker/for more elsewhere...
Old 07 January 2005, 03:47 PM
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Silvafox
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Originally Posted by Gary H2
Only depressing if you're selling!
True of which I am! Bargain to be had for someone.
Old 07 January 2005, 03:48 PM
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Silvafox
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Originally Posted by ARRON BIRD
I got £17100 PX for mine 2 months ago against a WR1.
Pretty good I thought.
That had everything on it.
Thats very good. Thionk I'll get some part ex values at weekend against a couple of other cars.
Old 07 January 2005, 04:01 PM
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speedking
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Thumbs up It's not all bad news.

My MY02 WRX which cost £16500 new is still worth £11825 = 28% depreciation in 3 years
Old 07 January 2005, 04:28 PM
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Originally Posted by speedking
My MY02 WRX which cost £16500 new is still worth £11825 = 28% depreciation in 3 years
I've lost 45% in 24 months if I sold for the 'Good Private' price.....or equivalent to £15.49 per day from December 2002 'till now.
Old 07 January 2005, 04:33 PM
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wrxmania
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Keeping a car for 3 years plus definately seems to be the way to go. Oh yeah, and never buy a new car

Amazing second hand bargains to be had.

Brian
Old 07 January 2005, 04:53 PM
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_Meridian_
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I wish I knew a local dealer who was selling them for £14225 - all the ones around here as stickered for £17,000 and don't seem to want to negotiate much.


M
Old 07 January 2005, 05:00 PM
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Jamesemt
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I paid £18.5K for my Euro WRX in November 03 - you can now get them for £16k new
Old 07 January 2005, 05:19 PM
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urban
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Originally Posted by ARRON BIRD
I got £17100 PX for mine 2 months ago against a WR1.
Pretty good I thought.
That had everything on it.
I've got a trade in price of £17,500 for my STI - Apr 2002(only has PPP installed).
Still trying to decide if I should trade in for the new MY05 STI.

Shaun
Old 09 January 2005, 09:36 AM
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MARK MORRIS
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i part xd my 02 sti prodrive ppp with 10k on the clock last may and got 19k
mark
Old 09 January 2005, 12:47 PM
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hades
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Never buy a new car at UK list price is probably a better moral to the story. My 02WRX cost <£17k OTR new as UK spec Euro import (UK list price was £22k + £500 extra for anything other than white paint at the time) probably worth £10-11k now(?), so not too bad deprectiation IMHO. After 3 years when warranty isn't an issue, it will be worth virtually the same as a UK car; suspect it will be worth say 50% of it's cost after nearly 4 years?
Old 18 January 2005, 08:13 AM
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Parker's guide seems to be, by far, the most pessimistic. This month's Glass's guide quotes £15500 for a MY02 Prodrive and that's the bottom figure representing trade-in value. This will not take into account mods like PPP.

If you look at the Subaru website, you can search for prices of used cars across the country. Typical prices for a MY02 Prodrive are £17-20k. I know all this because my MY02 STi is for sale at present.

D.
Old 18 January 2005, 09:47 AM
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Henrik
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Sorry for thread hi-jack, but just out of interest, what's the glasses guide price for an 03 WRX?
Old 18 January 2005, 09:55 AM
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JoeyDeacon
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Originally Posted by DJB
Parker's guide seems to be, by far, the most pessimistic. This month's Glass's guide quotes £15500 for a MY02 Prodrive and that's the bottom figure representing trade-in value. This will not take into account mods like PPP.

If you look at the Subaru website, you can search for prices of used cars across the country. Typical prices for a MY02 Prodrive are £17-20k. I know all this because my MY02 STi is for sale at present.

D.
But don't forget the trade in value you get will be several thousand pounds less than the price they sell for. If you assume the dealer will offer you £3000 less that they sell for then £15,500 sounds about right. Don't forget a Subaru dealer will usually offer you more at trade in, hence some of the trade in values people are getting against new STi's and WR1's.

When the Impreza first came out in 94 you could trade in your car for a new one every year and only lose £1500. As soon as the waiting list disapeared values fell through the floor.

If you are going to buy an expensive brand new car with a non prestige badge and sell after 2 years you have got to be prepared to take a serious hit.
Old 18 January 2005, 10:28 AM
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alwong
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Unhappy

I bought my sti 53 PPP for 20k in Nov 04. 1 year from new and it had depreciated 7k. I bought it from a subaru dealer. If i had it new i would be crying by now.
Old 18 January 2005, 04:55 PM
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DJB
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Henrik

Sorry, don't have Glass's guide - figure given to me by dealer.

JoeyDeacon

The lowest figure in Glass's guide, I believe, should represent the lowest money you should get for the car ie selling the car to dealer and not part-exchange. A Subaru dealer offered me £17.5k for my car against a new Legacy about 2 months ago.

D.
Old 18 January 2005, 07:26 PM
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webby v7 slipperwagon
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Question BREMBO'S OR BIG DISC UPGRADE?

I have been looking around for prices, on uprated discs and pads or big disc and pads conversion. The prices are all within 20-50 pounds depending on where i tried. And the big discs around the £600 mark.Now for that sort of money i have seen Brembo's complete with discs, advertised. What size disc do the brembo's use? Or would i be just as well to uprate to drilled, grooved or combined? and keep the standard size. I have a V7 STI WAGON BUGEYE, and for some reason subaru used the standard 4 pots (they think people who drive wagons are more sedate) which are very good any way. And i have 19" RSGT on at the mo. What do you lotreckon?
Old 18 January 2005, 10:32 PM
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hawkthescoobslayer
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got just a smidge over £20,000 for my MY02sti when I traded in November 2004

i was to say the least gobsmacked especially when the dealer then put it on the forecourt for

£17,995???????
Old 18 January 2005, 11:10 PM
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Harry_Boy
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Originally Posted by hawkthescoobslayer
got just a smidge over £20,000 for my MY02sti when I traded in November 2004

i was to say the least gobsmacked especially when the dealer then put it on the forecourt for

£17,995???????
Yeah - but you were "trading up" a tad....
Old 18 January 2005, 11:57 PM
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Smudga
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Originally Posted by alwong
I bought my sti 53 PPP for 20k in Nov 04. 1 year from new and it had depreciated 7k. I bought it from a subaru dealer. If i had it new i would be crying by now.
Damn you got yours £1500 less than mine, but I got PFF7 18" & tints & road angel included so perhaps not 2 bad.
Old 19 January 2005, 07:58 AM
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ProdriveSTI
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Thumbs down

I went for a nose around my local EVO dealer ship.....
He gave me the usual.......
He then rang Robinsons(I think) who told the sales man that they had given a px price to another customer on a 52 reg MY02 sti for £13,500.
The px price seems to be around £15,500 - but when a subaru dealers ship tell another he offered £13,500 the salesman then decided that the book price goes out of the window.
Old 19 January 2005, 08:03 AM
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mpr
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Originally Posted by Smudga
Damn you got yours £1500 less than mine, but I got PFF7 18" & tints & road angel included so perhaps not 2 bad.
Yours wasn't the director's car from Welch's cambridge by any chance was it?
It was up for 23k when I offered 22k (cash no px) for it and they said no - so I told em to p!ss off as it was a point of principle. Bought a WR1 and then they rang me back to "make a deal" a couple of months later. Glad to see they did drop the price for someone in the end
Old 19 January 2005, 08:48 AM
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Welch's seem to not like negotiation - they hang onto their sometimes over-inflated prices for ages. Which is annoying for me as they're my closest dealer. Can backfire on them though - it must have taken ten months for them to sell that 02 green bugeye last year....


M
Old 20 January 2005, 03:13 PM
  #28  
ProdriveSTI
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So what are the prices of a Bug MY02 STI in tip top condition ?? going for???
Old 20 January 2005, 04:48 PM
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Originally Posted by ProdriveSTI
So what are the prices of a Bug MY02 STI in tip top condition ?? going for???
They seem to be selling for £17000 and up.


M
Old 20 January 2005, 04:52 PM
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You can get STIs for around 13k on the used market. I wouldn't be getting a Bug 02 for £17k.

I bought my 03 STI with PFF7's, PPP, Quickshift, Gauge Pack, Strut Brace and other goodies for £17k last July 04. £14k depreciation in a year S

And it's white


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