Thinking of selling the scoob
10 March 2006, 01:15 PM
#1
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Thinking of selling the scoob
As above. I worked out the other day just how much it was costing me a month to run my 05 STI PPP. With loan payments, insurance, tyres, service etc, it was working out at £630 a month.
I'm now wanting that money to concentrate on paying off my mortgage for a few years.
Last week I purposely drove sensibly i.e. no full throttle overtakes, and I got 15mpg. If I drove any less assertive than I did for that week, then there would be no point in having it.
I've had it since May 2005 (New), It has the PPP, Prodrive spring kit, and I'll be sticking the original alloys back on.
As a part ex, what do you think I should ask for it ??
Probably swapping it for a Clio 182 (new, no mileage) even though I said I'd never touch another Renault again. D'oh.
I'm now wanting that money to concentrate on paying off my mortgage for a few years.Last week I purposely drove sensibly i.e. no full throttle overtakes, and I got 15mpg. If I drove any less assertive than I did for that week, then there would be no point in having it.
I've had it since May 2005 (New), It has the PPP, Prodrive spring kit, and I'll be sticking the original alloys back on.
As a part ex, what do you think I should ask for it ??
Probably swapping it for a Clio 182 (new, no mileage) even though I said I'd never touch another Renault again. D'oh.
10 March 2006, 01:30 PM
#2
The amount you would lose in depreciation and with buying another new car, I doubt very much you would save a great deal.
It surprises me how many scoob owners sell their cars after a short period of ownership.
The minimum period I have owned a car is 8 years(my scoob coming up 9 years). Once its paid off and you maintain it correctly, it wont cost you hardly anything to run other than the petrol
Buy another cheap car as the run around and keep the scooby for special days out.
Andy
It surprises me how many scoob owners sell their cars after a short period of ownership.
The minimum period I have owned a car is 8 years(my scoob coming up 9 years). Once its paid off and you maintain it correctly, it wont cost you hardly anything to run other than the petrol
Buy another cheap car as the run around and keep the scooby for special days out.Andy
10 March 2006, 02:03 PM
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Originally Posted by andy97
Buy another cheap car as the run around and keep the scooby for special days out.
Andy
Andy
Like I said I want to use the money that I'm paying out on the loan, petrol etc to start paying off my mortgage.
If I swap it in then the new car will not have any loan on it, petrol will be halved 15mpg V's 30-32mpg.
Insurance will be over halved, currently paying £1350 and I bet it goes up at renewal time (B@stards). 2 new tyres a year instead of 4.
All in all I'd probably save about £4600 per year. Thus reducing my mortgage, which in turn will reduce my monthly payments.
It's all that "Pay of your Mortgage in 2 years" shows fault.
Makes sense though. If I payed my mortgage off in the current state i.e. 25 years I'd be paying back approx £120,000. Pay it off in the next 5 years (at a push) then it will only cost me approx £60,000. Saving approx £60,000.
Makes sense when you think about it.No mortgage payments means I can then spend more cash on the car I really want, a Porsche.
11 March 2006, 06:58 PM
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stilover,
I am in the same position as you. I don't get that much of a buzz from raw speed but hoped the novelty of 4WD would compensate for that. I am looking at saving the cash and going to small and nippy. Please keep us posted on what you end up doing and, if you don't mind, the deal you strike on the new car.
I am in the same position as you. I don't get that much of a buzz from raw speed but hoped the novelty of 4WD would compensate for that. I am looking at saving the cash and going to small and nippy. Please keep us posted on what you end up doing and, if you don't mind, the deal you strike on the new car.
11 March 2006, 07:52 PM
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Wow!
That is a lot on insurance!
I pay around £400 on a MY01 and worked out it's not worth selling just for a few extra mpg.
With that insurance cost, cut your losses and get a small engine!
Is it due to your age or postcode?
Ted.
That is a lot on insurance!
I pay around £400 on a MY01 and worked out it's not worth selling just for a few extra mpg.
With that insurance cost, cut your losses and get a small engine!
Is it due to your age or postcode?
Ted.
11 March 2006, 08:45 PM
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The damage has been done,You are looking at getting @ £16k nearly half what you paid less than a year ago, sad but true!
I have been told dealers are selling my05 sti's for under £19k new the fact you have ppp might add a couple of hundred quid......
I have been told dealers are selling my05 sti's for under £19k new the fact you have ppp might add a couple of hundred quid......
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11 March 2006, 10:51 PM
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Originally Posted by captain ted
Wow!
That is a lot on insurance!
I pay around £400 on a MY01 and worked out it's not worth selling just for a few extra mpg.
With that insurance cost, cut your losses and get a small engine!
Is it due to your age or postcode?
Ted.
That is a lot on insurance!
I pay around £400 on a MY01 and worked out it's not worth selling just for a few extra mpg.
With that insurance cost, cut your losses and get a small engine!
Is it due to your age or postcode?
Ted.
11 March 2006, 10:54 PM
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Originally Posted by N*UFO
The damage has been done,You are looking at getting @ £16k nearly half what you paid less than a year ago, sad but true!
I have been told dealers are selling my05 sti's for under £19k new the fact you have ppp might add a couple of hundred quid......
I have been told dealers are selling my05 sti's for under £19k new the fact you have ppp might add a couple of hundred quid......
So he was looking at making nealy £7k out of me. Fine he might let them both go for £21,500 or £22,000, but no way was I accepting £16k
Christ MY04 STI's go for more than that.
12 March 2006, 08:31 AM
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stilover,
I am sure you already do, but have a good look around for other insurance quotes. I live in the southeast in a medium risk area and have a million years NCB. Girlfriend is a named driver and has had a ding and a couple of thefts from her car in the last few years. My insurance is £795 and I am a year younger than you.
I think what you and I are going to find is that it may pay to keep the car for a while to allow the depreciation curve to smoothe out. 3 year old STIs seem to be going for 'low teens' so it should cost relatively little in terms of depreciation to keep it a bit longer.
Good luck with whatever you do
I am sure you already do, but have a good look around for other insurance quotes. I live in the southeast in a medium risk area and have a million years NCB. Girlfriend is a named driver and has had a ding and a couple of thefts from her car in the last few years. My insurance is £795 and I am a year younger than you.
I think what you and I are going to find is that it may pay to keep the car for a while to allow the depreciation curve to smoothe out. 3 year old STIs seem to be going for 'low teens' so it should cost relatively little in terms of depreciation to keep it a bit longer.
Good luck with whatever you do
12 March 2006, 09:58 AM
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I did what you're talking about a few weeks ago. Replaced it with a £350 Rover no less and havent looked back.
The car paid for itself in under one month and this month I have a lot more cash in my account than I have had in a long long time.
The damage may well have been done with regard to depreciation etc but it doesnt mean you shouldn't cut your loses and make yourself better off for the future.
Gary
The car paid for itself in under one month and this month I have a lot more cash in my account than I have had in a long long time.
The damage may well have been done with regard to depreciation etc but it doesnt mean you shouldn't cut your loses and make yourself better off for the future.
Gary
12 March 2006, 11:31 AM
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Just bought a Brand spanking new Renault Clio 182 (Black) this morning.
Taliking to the Subaru dealer last week. He said that he would be willing to take my car, stick it on his forecourt and sell it for me. All I need to do is tell him what I want for it, and if it goes for more, he keeps it. I think I'll do this.
Considering he has non PPP 05 STI with 6000 miles for £22,950, I think I'll just say I want £19k, just to get rid.
At that price, I'll have payed for the Clio, and payed off my loan on the Impreza. So I'll be loan free, getting 32mpg, and pocketing more cash to pay off my mortgage.
Do you think £19k is the right price to ask for?
Taliking to the Subaru dealer last week. He said that he would be willing to take my car, stick it on his forecourt and sell it for me. All I need to do is tell him what I want for it, and if it goes for more, he keeps it. I think I'll do this.
Considering he has non PPP 05 STI with 6000 miles for £22,950, I think I'll just say I want £19k, just to get rid.
At that price, I'll have payed for the Clio, and payed off my loan on the Impreza. So I'll be loan free, getting 32mpg, and pocketing more cash to pay off my mortgage.
Do you think £19k is the right price to ask for?
12 March 2006, 12:32 PM
#13
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I take it that it has a high mileage, as one of the costs you listed was Tyres ........
£19k may be good, may be bad .... no-one without some detailed knowledge could advise you on a price.
Pete
£19k may be good, may be bad .... no-one without some detailed knowledge could advise you on a price.
Pete
12 March 2006, 03:55 PM
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Originally Posted by pslewis
I take it that it has a high mileage, as one of the costs you listed was Tyres ........
£19k may be good, may be bad .... no-one without some detailed knowledge could advise you on a price.
Pete
£19k may be good, may be bad .... no-one without some detailed knowledge could advise you on a price.
Pete
12 March 2006, 07:16 PM
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Think you'll struggle for £19k on trade-in. Sell privately for that. Scoob prices are all over the joint, someone on another thread managed to find a brand new MY05 STi PPP for £19,995. They're booking about £16k for trade -in so generally most dealers will offer around that mark.
ewan
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12 March 2006, 08:28 PM
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Originally Posted by stilover
As above. I worked out the other day just how much it was costing me a month to run my 05 STI PPP. With loan payments, insurance, tyres, service etc, it was working out at £630 a month. I'm now wanting that money to concentrate on paying off my mortgage for a few years.
Last week I purposely drove sensibly i.e. no full throttle overtakes, and I got 15mpg. If I drove any less assertive than I did for that week, then there would be no point in having it.
I've had it since May 2005 (New), It has the PPP, Prodrive spring kit, and I'll be sticking the original alloys back on.
As a part ex, what do you think I should ask for it ??
Probably swapping it for a Clio 182 (new, no mileage) even though I said I'd never touch another Renault again. D'oh.
I'm now wanting that money to concentrate on paying off my mortgage for a few years.Last week I purposely drove sensibly i.e. no full throttle overtakes, and I got 15mpg. If I drove any less assertive than I did for that week, then there would be no point in having it.
I've had it since May 2005 (New), It has the PPP, Prodrive spring kit, and I'll be sticking the original alloys back on.
As a part ex, what do you think I should ask for it ??
Probably swapping it for a Clio 182 (new, no mileage) even though I said I'd never touch another Renault again. D'oh.
12 March 2006, 08:30 PM
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Originally Posted by ewanrw
Think you'll struggle for £19k on trade-in. Sell privately for that. Scoob prices are all over the joint, someone on another thread managed to find a brand new MY05 STi PPP for £19,995. They're booking about £16k for trade -in so generally most dealers will offer around that mark.
ewan
ewan
13 March 2006, 11:09 AM
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Originally Posted by gridgway
I'm thinking of moving from my 182 cup to a scooby! Didn't see your post early enough, we could have done a deal!
Have fun in the Clio.
Graham
Have fun in the Clio.
Graham
13 March 2006, 12:01 PM
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Originally Posted by stilover
Just bought a Brand spanking new Renault Clio 182 (Black) this morning.
Taliking to the Subaru dealer last week. He said that he would be willing to take my car, stick it on his forecourt and sell it for me. All I need to do is tell him what I want for it, and if it goes for more, he keeps it. I think I'll do this.
Considering he has non PPP 05 STI with 6000 miles for £22,950, I think I'll just say I want £19k, just to get rid.
At that price, I'll have payed for the Clio, and payed off my loan on the Impreza. So I'll be loan free, getting 32mpg, and pocketing more cash to pay off my mortgage.
Do you think £19k is the right price to ask for?
Taliking to the Subaru dealer last week. He said that he would be willing to take my car, stick it on his forecourt and sell it for me. All I need to do is tell him what I want for it, and if it goes for more, he keeps it. I think I'll do this.
Considering he has non PPP 05 STI with 6000 miles for £22,950, I think I'll just say I want £19k, just to get rid.
At that price, I'll have payed for the Clio, and payed off my loan on the Impreza. So I'll be loan free, getting 32mpg, and pocketing more cash to pay off my mortgage.
Do you think £19k is the right price to ask for?
martin
13 March 2006, 12:47 PM
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Originally Posted by p1doc
i take it you know the renault cliosport 197 is about to be released so dealer should have knocked off a lot of money for an old model ie same as 05v06 scooby
martin
martin
13 March 2006, 07:29 PM
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how do people go through tyres so quick. you say you will need 2 new on the clio in a year? i wouldnt have thought so. i just go traded my citroen c2 in which i have had 2 years and thrashed the **** off it and the tyres are still well legal. the wrx300 that i bough has done 8K and tyres are like brand new still
13 March 2006, 07:35 PM
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Originally Posted by N*UFO
The damage has been done,You are looking at getting @ £16k nearly half what you paid less than a year ago, sad but true!
I have been told dealers are selling my05 sti's for under £19k new the fact you have ppp might add a couple of hundred quid......
I have been told dealers are selling my05 sti's for under £19k new the fact you have ppp might add a couple of hundred quid......
13 March 2006, 07:49 PM
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Sod a clio! Do what a few of us have done and get an elise, 40 mpg, loads of fun, lovely to drive etc etc. Im using mine as an everyday car, you wont miss an impreza at all. Tyres for example are less than 40 quid for the front and about 70 for the rears. Just bought a minto one for 8,500
13 March 2006, 08:41 PM
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Originally Posted by C2forWRX
how do people go through tyres so quick. you say you will need 2 new on the clio in a year? i wouldnt have thought so. i just go traded my citroen c2 in which i have had 2 years and thrashed the **** off it and the tyres are still well legal. the wrx300 that i bough has done 8K and tyres are like brand new still
cos I've never seen 10,000 miles in any of my last 3 front wheel drive cars Focus RS, Clio 172, & 106GTI. I don't wheel spin either.Anyone can "Thrash the ****" off a car in a straight line. Cornering speed, that's where you gain the advantage.
13 March 2006, 08:53 PM
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What I am doing at the moment, is panicking about getting this Clio. I've borrowed the money off my dad to buy it. If I get £19k for mine then I'll pay him back, pay off my loan, and everyones a winner
The fly in the ointment, is that the dealer can only come back to me on Friday to offer me a price. We've talked on the phone, and he admits that £16k is a sh@t price for the car, and has said he knows its worth a lot more. Like I've said before he has the same car sat on his lot (6000 miles) up for £22,950. So, even if he took mine at £19k, and sold for £21k, he'll make £2k.
I'm supposed to pick up he Clio on Saturday, but haven't signed for anything yet, or paid a deposit, but I'll have to let them know tomorrow, when I get my plate put on Retention, if I want it or not.
I just know, if I agree to the Clio, the Subaru dealer will offer me a sh@te price and I'll end up taking a couple grand hit. Yet if I cancel the Clio, the Subaru dealer will come through with what I want, then I'll have missed out on the Clio.
I'm scared of putting it Autotrader as well, as it could take months to sell. Theres a million Subaru's on there
I haven't slept right for 3 nights now just thinking about it.
The fly in the ointment, is that the dealer can only come back to me on Friday to offer me a price. We've talked on the phone, and he admits that £16k is a sh@t price for the car, and has said he knows its worth a lot more. Like I've said before he has the same car sat on his lot (6000 miles) up for £22,950. So, even if he took mine at £19k, and sold for £21k, he'll make £2k.
I'm supposed to pick up he Clio on Saturday, but haven't signed for anything yet, or paid a deposit, but I'll have to let them know tomorrow, when I get my plate put on Retention, if I want it or not.
I just know, if I agree to the Clio, the Subaru dealer will offer me a sh@te price and I'll end up taking a couple grand hit. Yet if I cancel the Clio, the Subaru dealer will come through with what I want, then I'll have missed out on the Clio.
I'm scared of putting it Autotrader as well, as it could take months to sell. Theres a million Subaru's on there
I haven't slept right for 3 nights now just thinking about it.
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