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MY05 WRX300 2nd hand value?

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Old 08 August 2005, 10:53 AM
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jbwrx300
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Default MY05 WRX300 2nd hand value?

MY05 WRX300, PPP
1st Reg June 05, 3500 miles

Any ideas what it'd be sensible to pitch it at in the autotrader?

I've seen 05 plates are going for around £18000 without PPP, which I think is a touch high. What do you reckon the PPP adds in terms of value, given that insurers on the whole now recognise the PPP on a WRX300 without having to declare it as a mod = significantly cheaper insurance for younger drivers.
Old 08 August 2005, 11:41 AM
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homerjay
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Originally Posted by jbwrx300
MY05 WRX300, PPP
1st Reg June 05, 3500 miles

given that insurers on the whole now recognise the PPP on a WRX300 without having to declare it as a mod
could you expand on that please?

cheers
Old 08 August 2005, 11:46 AM
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KG386
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Why you selling?
Old 08 August 2005, 12:00 PM
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jbwrx300
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Originally Posted by KG386
Why you selling?
long story, been covered on here before but suffice to say missus has hijacked me for a wedding next summer and whilst I was trying to get out of that I got 6 points which makes insurance very impractical


Originally Posted by homerj
could you expand on that please?
If you buy a WRX or STI, and have PPP added, it is classified as a modded car, and many insurers wont touch you with a ****ty stick. Those that will generally tend to add a hundred quid or so premium and insist on a tracker etc when PPP is involved as they class it as an aftermarket mod.

The WRX300 is just like the WR1 before it in that although both have PPP, insurers are already aware of this, thus in many cases costing less to insure than the equivalent model (WRX+PPP or STI+PPP)

For younger drivers wanting a WRX with PPP, some have already commented that a WRX300 is the only affordable way to do it.
Old 08 August 2005, 12:24 PM
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KG386
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Sorry to hear it's going so soon. I got my WRX300 for £19,000 pre-reg with only 30 miles on the clock. I saw another post saying somebody else had seen the same price, pre-reg for sale elsewhere. Miserable that it might be, it's hard to see anyone 'in the know' paying anymore than £17,000. Nice to buy, horrible to sell - why do we do it?
Old 08 August 2005, 12:25 PM
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homerjay
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go on then jbwrx300, how much do ya want fer it?
Old 08 August 2005, 12:56 PM
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jbwrx300
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Originally Posted by homerjay
go on then jbwrx300, how much do ya want fer it?
I'd personally go for a pre-regd one at 19k over a second hand but I suppose its horses for courses. It would be very heavily dependant on price - eg, if it were a grand or more cheaper for the same car, still with one owner and you were a cash buyer, I wouldn't have thought there any real benefit to buying from the dealer as you still have the warranty, 1st service is done and its been run in.

Fortunately I've been told that all local allocations (3 per dealer) have sold out so I may get lucky because of my location.

I can see someone not in the know could see all the local 54/05 plate WRXs advertised at the dealers for £19k without PPP and plump for mine at around £18k. (And I'm a good salesperson if one should stumble down my road!!!)

I've already been offered £17.5k from someone at work so I might just stick it in the trader to test the water to see what I could get over and above.
Old 08 August 2005, 03:37 PM
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C2forWRX
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dealers are dropping them like flys.
http://www.allapprovedcars.com/Used-...arDetails.aspx

http://www.allapprovedcars.com/Used-...arDetails.aspx

Id take 17500 from a mate. at least you know its a safe bet. At a dealer you shouldnt be paying more than 18995 for a pre reg
Old 08 August 2005, 05:06 PM
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Originally Posted by C2forWRX
dealers are dropping them like flys.
http://www.allapprovedcars.com/Used-...arDetails.aspx

http://www.allapprovedcars.com/Used-...arDetails.aspx

Id take 17500 from a mate. at least you know its a safe bet. At a dealer you shouldnt be paying more than 18995 for a pre reg
Hardly dropping like flies!! - You'd EXPECT a grand or so discount buying new and perhaps ANOTHER grand for a pre-reg, so I reckon £18,995 is spot on from a dealer and anything better than that private is a bargain. Great car, nearly as quick overall as a standard STi and a bit more civilised... loving every minute of it. What's stopping you from buying C2forWRX????
Old 08 August 2005, 06:26 PM
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It depends on what your definition of selling is:

ie there are loads of people selling Car XYZ at £20k in autotrader but no one has actually called them or bought the car

OR there are people "selling" there car at a realistic price and getting lots of calls and giving the keys to a new owner within a couple of weeks.

As a rule of thumb when selling a car I would subtract 10%-15% from what you think its worth, this normally gives you a REAL selling price, just about everyone I know always overvalues there car and then gets in a huff when you tell them its to highly priced!

I would rip the guys hand off who offered you 17.5k
Old 08 August 2005, 06:34 PM
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KG386
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Agree!! - but I only paid £19k for mine...

Last edited by KG386; 08 August 2005 at 06:38 PM.
Old 08 August 2005, 06:35 PM
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Originally Posted by jbwrx300
long story, been covered on here before but suffice to say missus has hijacked me for a wedding next summer .

Be a Traditionalist, get the bride's parents to pay for the wedding, and keep the car!

Treat her to a super honymoon instead!!
Old 08 August 2005, 10:53 PM
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Originally Posted by KG386
Hardly dropping like flies!! - You'd EXPECT a grand or so discount buying new and perhaps ANOTHER grand for a pre-reg, so I reckon £18,995 is spot on from a dealer and anything better than that private is a bargain. Great car, nearly as quick overall as a standard STi and a bit more civilised... loving every minute of it. What's stopping you from buying C2forWRX????
tad expensive at the min. 16K is my top end. besides i wanna see wat the new ones like in the flesh. il decide then. hopefully by christmas/early new year they will be about 16k
Old 08 August 2005, 10:56 PM
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Originally Posted by Scooby Soon!
It depends on what your definition of selling is:

ie there are loads of people selling Car XYZ at £20k in autotrader but no one has actually called them or bought the car

OR there are people "selling" there car at a realistic price and getting lots of calls and giving the keys to a new owner within a couple of weeks.
I tend to agree with your points, recently, between me and two mates, we had a z4, crossfire and rx-8 for sale at the same time. Problem is that everyone wants to swap for this and that, or p/ex - nobody seems to come up with the cash when you are selling a motor at around the 20-25k mark. It took 8 weeks and a 3k drop to sell the crossfire, I part exed the z4 in the end and only the RX8 sold for the asking price.

I'm going to whack it in at £18500 and see what offers get made - To be honest, there is such a vast array of prices on imprezas out there I think it is something of a postcode lottery, depending on what the supply/demand is in your area.

IMHO dealers are taking the **** asking for £19k second hand 54/05 without PPP, so if this is the case in my area, I dont see why I shouldnt hold out - in any case its going to be 10 weeks till my company car is delivered so its hardly a case of having to accept the first offer.
Old 08 August 2005, 11:02 PM
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This is a bit worrying, wonder what trading standards would say about the top advert?


I know the advert says WRX300, but a WRX300 doesnt have a black cloth interior, it doesnt have a split rear seat. It also has PPP which the other does not mention.

And the second advert bears out that £18k is not an unreasonable price. WOuld you buy a demo with 2k on the clock which will no doubt have been ragged, or mine looked after and run in properly with 3500 for £500/£1k less.

Last edited by jbwrx300; 08 August 2005 at 11:06 PM.
Old 09 August 2005, 01:16 AM
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C2forWRX
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yea its a 300, its just enterd in the comp wrong. there are a few like that. some useless clot at the dealers fault probs
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