whats your vote on depreciation first p1 or 2005 sti
#2
Originally Posted by scoobudydoo
hi guys please post your thoughts on which you think will depreciate first and why the p1 or 2005 sti thanks
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the question is a bit of a no brainer! The P1 is 6 years old so a large percentage of its depreciation is over and done with.
MY 05 STI would have took a big hit in the year, but it still has a few chunks to loose over the next year or two.
MY 05 STI would have took a big hit in the year, but it still has a few chunks to loose over the next year or two.
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#11
As already said most new cars drop 50% in the first 3 years.
P1's 5/6 years ago were 31k-ish, I would say for a good one you will pay
12.5k-15k (I know there are cheaper ones around) which is 52-60% drop.
But you wont have a car with any warranty left(a few extended into year 6 and 7,), so could be big bills if you are unlucky.
My personal view is if you find the right car and there are some cracking P1s around, with full service history and not huge miles, it wont lose you massive money, if you keep it for a few years.
A poll on here showed that a lot of SN users thought the P1 was one of the best Impreza models built. As with everything demand is what keeps prices up, look at the Escort Cosworth.
P1's 5/6 years ago were 31k-ish, I would say for a good one you will pay
12.5k-15k (I know there are cheaper ones around) which is 52-60% drop.
But you wont have a car with any warranty left(a few extended into year 6 and 7,), so could be big bills if you are unlucky.
My personal view is if you find the right car and there are some cracking P1s around, with full service history and not huge miles, it wont lose you massive money, if you keep it for a few years.
A poll on here showed that a lot of SN users thought the P1 was one of the best Impreza models built. As with everything demand is what keeps prices up, look at the Escort Cosworth.
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I'd go for the P1. I've had one for 4 years and you'll not suffer much depreciation on them as people like me have STI 2005, well what can I say. IMHO it's an inferior car to begin with and just check out 3 year old prices of these to get an idea of depreciation.
Amazing isn't it, mention you want a P1 and the typeR boys pipe up with their biased views. Better chassis? what rubbish, the chassis is the same, and dccd-a? Never been such a system on a typeR, it's dccd. TypeR and a P1 are different cars for different driving styles and situations, overall, neither better or worse than each other.
Amazing isn't it, mention you want a P1 and the typeR boys pipe up with their biased views. Better chassis? what rubbish, the chassis is the same, and dccd-a? Never been such a system on a typeR, it's dccd. TypeR and a P1 are different cars for different driving styles and situations, overall, neither better or worse than each other.
#14
Amazing isn't it, mention you want a P1 and the typeR boys pipe up with their biased views. Better chassis? what rubbish, the chassis is the same, and dccd-a? Never been such a system on a typeR, it's dccd
just to make this clearer , I would buy the MY05 as IT HAS a better chassis and dccd-a.
the type-r imo , is the most focused of the three which was why I wondered if that is what paul was meaning as I do not think the "softened" P1 is that different to a standard classic turbo for driving (not engine side of things obviously) , after all they removed the dccd , rear 180diff with it's heavier shafts , hubs and twin piston rear brakes to fit similar style diffs to any other UK classic just with sti gears , diff ratios and abs(actually sti4 saloon stuff iirc). I do like the softer P1 suspension though
the type r was not on the list but is more special than the P1 and focused imo. then again given the choice I would add a sti 5/6 RA limited to the list and get everything the type-r has and a helical front too and 4doors.
#15
Poor choice of title for the post.
Depreciation on an over 6 year old car will be trivial when compared to other costs (servicing and maintenance).
However, the converse will be true for a new car.
Apples and oranges..............
I suspect the PI would turn out more expensive to own.
Depreciation on an over 6 year old car will be trivial when compared to other costs (servicing and maintenance).
However, the converse will be true for a new car.
Apples and oranges..............
I suspect the PI would turn out more expensive to own.
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Originally Posted by paulpalmer
Type R wasn't on the list I know that is a better car and if was that or P1 I'd have the type R
The P1 is a coupe not an ugly newshape 4 door and is a lot lighter than an sti and probably faster.
#17
It's all to do with variables concerning driver ability and car requirements. As I have said, one is not better than the other given the variables involved.
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Originally Posted by T-uk
so therefore the STI MY05 is the best . it gives you the safety of abs like the P1 , with the focused diffs of the typr-r in manual , with the dccd-a setting if you want it all sorted out and even has the helical lsd front iirc of the ra limited too . then there is that better chassis , build quality , interior imo and better service intervals
I think you're better off going with a newer car anyway, depreciation is a fact of life with all cars, Subaru is no worse than most cars out there. I don't think you should spend alot of money on a car if you're worried about depreciation. What you should ask yourself is what is likley to give me the biggest bang for my buck. 3/4 year old WRX/STI bugeye (which in STI guise is a good looking car), will have done most of their depreciating, so thats whay I'd go for, one with lowish mileage and a FSH.
Or theres always the JDM route.
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Originally Posted by T-uk
so therefore the STI MY05 is the best . it gives you the safety of abs like the P1 , with the focused diffs of the typr-r in manual , with the dccd-a setting if you want it all sorted out and even has the helical lsd front iirc of the ra limited too . then there is that better chassis , build quality , interior imo and better service intervals
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If you have the classic and the MY05 in the same household as T-uk has and sit them next to each other, the newer car wins hands down as a package. I hated the bugeye, but the blob and hawk are fine by me.
Re depreciation - I think P1 values are quite inflated compared to the cost of getting a technically much better blob eye STI, so this will impact. P1s do blow up more than blob eye STIs.
Re depreciation - I think P1 values are quite inflated compared to the cost of getting a technically much better blob eye STI, so this will impact. P1s do blow up more than blob eye STIs.
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You may think that prices for P1s are inflated, fortunatly those prepared to put their money where their mouths are say otherwise
Show me any newshape in standard form available to the public that looks better than my last 2 Imprezas
Show me any newshape in standard form available to the public that looks better than my last 2 Imprezas
#22
Show me any newshape in standard form available to the public that looks better than my last 2 Imprezas
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Originally Posted by T-uk
next to it the P1 looks dated imo.
I'll admit the blob eye is an improvement over the bug eye, but certainly a P1 will not look dated against it. The very fact that P1 values (or any typeR-RA etc) are relatively high compared to new shape second hand prices.
#27
The classic limited editions seem to hold their value really well.
Take the P1, clean mint examples of the P1 with 50k on the clock are still fetching 13/14k, i.e. still 50% of their initial value after 6/7 years.
The RB5 Prodrives are still doing very well and a mint/original example is a very sort after car, an RB5 Prodrive would easily match a standard STI7/8 for handling, performance and smile factor and a P1 at 280bhp would **** all over even a PPP'd STI7/8.
The new shape Impreza are easily dropping 50% of their value after 3 years and thats based on private sales let alone being mugged by a dealer.
I have some examples to share:
A guy with a 4 year old low mileage UK300 letting it go to trade and loosing nearly 70% in 4 years.
I know of another guy who for financial reason had to get a quick sale on his 12 month old WR1. Privately he was trying to get 19/20k, at that price he thought he was going to get his hand bitten off. 2 months later the same dealer as I use, bought it off him trade for 15.5k thats around 50% in 12 months.
My own experience - I have recently sold my Impreza an 04 STI Type UK with PPP, P-WRC 18", Prodrive quickshift and spring kit, strut braces and a few other bits and bobs, all aftermarket main dealer supplied and fitted. In total I spent around 28.5k. I've sold it 2 years later with 12.5k on the clock for 16.5k privately, a 12 grand loss in 2 years on an extremely low mileage car, and going by what I have seen I consider myself fairly lucky. Considering my dealer offered me 14k trade to by it back.
I miss my car a lot, I only bought it new for snob value but I wouldn't do it again, I'm leaving the marque for the time being but if I come back I would look for a clean low mileage 3 yr old PPP'd STi7/8 and let some ****er else take the initial hit
The low depreciation figures that Subaru had pre 2000 were the envy of the car industry, now its one of the worst and no better than your average poor quality Korean recycled tin can car.
Take the P1, clean mint examples of the P1 with 50k on the clock are still fetching 13/14k, i.e. still 50% of their initial value after 6/7 years.
The RB5 Prodrives are still doing very well and a mint/original example is a very sort after car, an RB5 Prodrive would easily match a standard STI7/8 for handling, performance and smile factor and a P1 at 280bhp would **** all over even a PPP'd STI7/8.
The new shape Impreza are easily dropping 50% of their value after 3 years and thats based on private sales let alone being mugged by a dealer.
I have some examples to share:
A guy with a 4 year old low mileage UK300 letting it go to trade and loosing nearly 70% in 4 years.
I know of another guy who for financial reason had to get a quick sale on his 12 month old WR1. Privately he was trying to get 19/20k, at that price he thought he was going to get his hand bitten off. 2 months later the same dealer as I use, bought it off him trade for 15.5k thats around 50% in 12 months.
My own experience - I have recently sold my Impreza an 04 STI Type UK with PPP, P-WRC 18", Prodrive quickshift and spring kit, strut braces and a few other bits and bobs, all aftermarket main dealer supplied and fitted. In total I spent around 28.5k. I've sold it 2 years later with 12.5k on the clock for 16.5k privately, a 12 grand loss in 2 years on an extremely low mileage car, and going by what I have seen I consider myself fairly lucky. Considering my dealer offered me 14k trade to by it back.
I miss my car a lot, I only bought it new for snob value but I wouldn't do it again, I'm leaving the marque for the time being but if I come back I would look for a clean low mileage 3 yr old PPP'd STi7/8 and let some ****er else take the initial hit
The low depreciation figures that Subaru had pre 2000 were the envy of the car industry, now its one of the worst and no better than your average poor quality Korean recycled tin can car.
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