Subaru in dire straits?
01 September 2006, 05:24 PM
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Subaru in dire straits?
Subaru’s UK “sales” fell by nearly 50% in July compared to a year ago. Having said that only a few manufacturers are doing well, I've been told.
Also the 2.5s are haemorrhaging money like nobody’s business – a 25% drop in value in less than a year. The trade obviously don’t like them. Why?
What next?
Yikes.
Also the 2.5s are haemorrhaging money like nobody’s business – a 25% drop in value in less than a year. The trade obviously don’t like them. Why?
What next?
Yikes.
01 September 2006, 06:20 PM
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i just got an 05 blobeye wrx this explains why stealers are being so tight at the moment the ones i visited wont budge on anything including PPP pack, least i can get it for is £1600, i have seen posts on here stating it has been supplied and fitted for as little as £950
01 September 2006, 08:07 PM
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Originally Posted by Bil
i reckon petrol prices, iraq war, are hurting as a people
Now look interest rates rose massively, and thousands of home owners had their houses seized.
So all these stories on the news about terrorists and other such nonsense is designed to take our eyes off what is really happening in the UK i.e. the rising interest rates
Interest rates rise, consumers borrow less, finance is more expensive, fuel is more expensive
People r downgrading all the time, releasing equity from houses and moving abroad,
look at the number of Europeans we have filling very important positions in socity today i.e. nurses, teachers, doctors (make my posn clear - it is a gud thing as they r educated and clever people)
So i reckon everyone is sufferring, not just subaru,
Smaller, cleaner vehicles, people carriers, family cars probabl;y doing well
Plus theres competition - r u going to buy a beemer for 30K or a plastic awash Subaru? Depends on the person and we're free so we made a choice, i bought a scooby despite beingt old repeatedly you can get a better interior than plastic everywhere (entry level mercedes has lovely interior and is 27K new)
So I reckon it aint Subaru or 2.5 Sti at fault - its the economy at large
we r tightening our belts as spenders
Now look interest rates rose massively, and thousands of home owners had their houses seized.
So all these stories on the news about terrorists and other such nonsense is designed to take our eyes off what is really happening in the UK i.e. the rising interest rates
Interest rates rise, consumers borrow less, finance is more expensive, fuel is more expensive
People r downgrading all the time, releasing equity from houses and moving abroad,
look at the number of Europeans we have filling very important positions in socity today i.e. nurses, teachers, doctors (make my posn clear - it is a gud thing as they r educated and clever people)
So i reckon everyone is sufferring, not just subaru,
Smaller, cleaner vehicles, people carriers, family cars probabl;y doing well
Plus theres competition - r u going to buy a beemer for 30K or a plastic awash Subaru? Depends on the person and we're free so we made a choice, i bought a scooby despite beingt old repeatedly you can get a better interior than plastic everywhere (entry level mercedes has lovely interior and is 27K new)
So I reckon it aint Subaru or 2.5 Sti at fault - its the economy at large
we r tightening our belts as spenders
02 September 2006, 09:56 AM
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Originally Posted by Group Captain Smudger
Subaru’s UK “sales” fell by nearly 50% in July compared to a year ago. Having said that only a few manufacturers are doing well, I've been told.
Also the 2.5s are haemorrhaging money like nobody’s business – a 25% drop in value in less than a year. The trade obviously don’t like them. Why?
What next?
Yikes.
Also the 2.5s are haemorrhaging money like nobody’s business – a 25% drop in value in less than a year. The trade obviously don’t like them. Why?
What next?
Yikes.
New WRX from motorpoint 5 months ago - £15700
Question is - what to spend the £50 on?
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02 September 2006, 10:33 AM
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I think a lot of their problems are down to image and also their now poor reputation, warranty anyone?! I know lots of people who have had very bad experiences with local dealers too. I would never buy a Subaru again after my experience. Took my money to Porsche and now BMW.
I also think the Impreza is on its last legs in its current form, the interior is a good 10 years behind Ford / Vauxhall and 15 years behind BMW/Merc etal.
I think their overall package is now rather shoddy and I hope that they sort it out. The new 08/09 cars should hopefully do this.
They then just need to sort IM out! Ideal solution would be for FHI to drop IM for Saab to take over just as the new car comes out.
I also think the Impreza is on its last legs in its current form, the interior is a good 10 years behind Ford / Vauxhall and 15 years behind BMW/Merc etal.
I think their overall package is now rather shoddy and I hope that they sort it out. The new 08/09 cars should hopefully do this.
They then just need to sort IM out! Ideal solution would be for FHI to drop IM for Saab to take over just as the new car comes out.
02 September 2006, 10:43 AM
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again i reckon poor marketing - how many people actually realise you get free fuel on a scooby nowadays? Probably not many
my mate says there are plenty of people willing to bite my hand off for my 06 STi
again i reckon it is the economy at large that is causing the problems
my mate says there are plenty of people willing to bite my hand off for my 06 STi
again i reckon it is the economy at large that is causing the problems
02 September 2006, 10:51 AM
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It's not just Subarus. We sold a 15 month old Saab 9-5 Vector Estate with Hirsch Stage One 210bhp conversion, and got £11350 for it. That's £16000+ depreciation - or around 60%! It was fully loaded (leather etc) but not even the Saab dealer who sold it to us would bid for it.
Depreciation on our 05 STi UK PPP's running at around 35%.
Depreciation on our 05 STi UK PPP's running at around 35%.
02 September 2006, 11:03 AM
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Mind, my Bro in Law's just sold his 525i Auto Sport Touring for £10K cash. Couldn't find anyone willing to pay more. That's £34K's worth of car... I reckon Bil's right: it's the economy.
02 September 2006, 01:24 PM
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Cash is king. When I was looking at cars discounts of up to a grand could be had on the advertised prices (5-6k) even before going to see the car. Only 2 out of 20 owners had sold their cars when I called.
IMHO it's pointless buying a new age car for 20-30k when good classics can be had for a fraction of the money
IMHO it's pointless buying a new age car for 20-30k when good classics can be had for a fraction of the money
02 September 2006, 01:30 PM
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Thats why anyone who has a good Classic (like me) would be off their rocker to buy a new one .................. they offer nothing different!
Subaru have been killed by their own great success, which was the Classic Impreza - they don't make 'em like they used to and no-one will pay the money for a lesser car.
Pete
Subaru have been killed by their own great success, which was the Classic Impreza - they don't make 'em like they used to and no-one will pay the money for a lesser car.
Pete
02 September 2006, 02:03 PM
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Originally Posted by MarkGArgyle
Sounds like another good reason to buy euro import - £21k WRX - 25% = £15750 in one year.
New WRX from motorpoint 5 months ago - £15700
Question is - what to spend the £50 on?
New WRX from motorpoint 5 months ago - £15700
Question is - what to spend the £50 on?
your comparing a year old wrx to a new import you need to compare it to a year old import so drop another 25% of the £15700 thats more of a fair comparison think it's about £11775ish.
03 September 2006, 04:17 PM
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Originally Posted by scoobyboy
your comparing a year old wrx to a new import you need to compare it to a year old import so drop another 25% of the £15700 thats more of a fair comparison think it's about £11775ish.
Having sold a Euro Import Hyundai Coupe to buy the scoob, I got equivalent trade values to a UK car.
03 September 2006, 05:13 PM
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Originally Posted by pslewis
they don't make 'em like they used to
Pete
Pete
I know as I have owned both
PS War may be a very bad thing for individuals and countries - it has done wonders for my gold stocks though
03 September 2006, 05:38 PM
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Originally Posted by jonesy172
Surely it must be due to the fact that the UK market is flooded with cheap JDM imports?!
I honestly don`t know the answer. But giving away free fuel isn`t at all a good showcase as every man and his dog knows that Subarus love petrol
I bought a 52 STi for 19k, two years ago, dread what to think its worth now.
But as its a Scoob, priceless
Anthony
03 September 2006, 05:47 PM
#19
Keep your classic in good condition, the value won't fall too much more should steady off until they start to get a bit rarer.
You can now pick up a decent evo 4 for about 5 grand, the earlyer ones are hit hard too. It's just a bit of a slump.
You can now pick up a decent evo 4 for about 5 grand, the earlyer ones are hit hard too. It's just a bit of a slump.
03 September 2006, 05:53 PM
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Lets hope it doesn`t spiral downwards even further. 
I was going to invest in an 06 STi, but doing the maths just didn`t add up on current depreciation etc.
I`ll keep my STi and upgrade when funds allow
After driver training David
Anthony
I was going to invest in an 06 STi, but doing the maths just didn`t add up on current depreciation etc.
I`ll keep my STi and upgrade when funds allow
After driver training David
Anthony
03 September 2006, 06:32 PM
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One blindingly obvious reason that no one has mentioned is that there is no diesel Subaru. A lot of people will call me boring and come up with phrases like "you only live once" but there is simply no sense in buying a car whose performance can only be used 5% of the time if you are lucky. The majority of cars now sold in the UK are diesels. All manufacturers are suffering but it's the lack of a diesel that is really killing them.
03 September 2006, 06:47 PM
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Totally agree, why don`t Subaru do a diesel?
But not the Impreza
They could do a Forester quite easily which would sell.
Give Land Rover a run for their money.
Anthony
But not the Impreza
They could do a Forester quite easily which would sell.
Give Land Rover a run for their money.
Anthony
04 September 2006, 02:50 PM
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Die sel!
Thats not to mention the fact that the Le Mans 24 hour was won by a diesel car...
http://news.bbc.co.uk/sport1/hi/motorsport/5085664.stm
http://news.bbc.co.uk/sport1/hi/motorsport/5085664.stm
04 September 2006, 07:36 PM
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Did anyone honestly buy any new(ish)car and think it would retain any value,most cars only retain around 50%ish in three years so the more you pay the more you lose thats the reality.The new 2.5 was voted engine of the year and I can agree its got good low rev torque and still goes like the clappers and i will not regret having one.