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Why don't Imprezas hold their value very well?

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Old 17 June 2008, 08:23 PM
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Mikkel
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Default Why don't Imprezas hold their value very well?

Ok, so I knew when I bought my Impreza at a year old that I would lose a fortune on it. I plan on keeping it long term so it's value isn't really a big deal to me, but why don't they keep their value?

I know the current market is terrible for performance cars but Evos, Skylines, 350z, etc etc... hold their value. How come you can get an Impreza for peanuts these days?
Old 17 June 2008, 08:30 PM
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340BHP-WRX
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Originally Posted by Mikkel
Ok, so I knew when I bought my Impreza at a year old that I would lose a fortune on it. I plan on keeping it long term so it's value isn't really a big deal to me, but why don't they keep their value?

I know the current market is terrible for performance cars but Evos, Skylines, 350z, etc etc... hold their value. How come you can get an Impreza for peanuts these days?
Because most of them are sheds and it just looks like there is loads of cheap ones around
Old 17 June 2008, 08:34 PM
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Zeon
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Running costs simple as. People are tightening their belts now and nobody wants cars that do 20mpg and could potentially cost £400 a year for road tax.

On the other hand if you can afford it or you're just after a weekend car then there are some mega bargains to be had. Not just you Jap sports cars but your MB E55's and BMW M5's are a relative second hand steal.
Old 17 June 2008, 08:40 PM
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jameswrx
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Trust me evo's aren't holding their money either.. my mrs evo 5 needs to be sold but I can't bring myself to try properly as they seem to be worth **** all suddenly! ie people on the MLR selling them in the £6k's now!
Old 17 June 2008, 08:42 PM
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To many scooby's have been imported in and high running costs = alot of dodgy sheds around
Old 17 June 2008, 08:58 PM
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nik52wrx
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1. Road tax increases.
2. Crap mpg coupled with high fuel costs.
3. Image.
4. Loads for sale.
5. Not everybody's cup of tea, including new version.
6. Other marques getting quicker?
7. Struggling in WRC (what launched them in the 1st place)
Can't think of more at the mo.
Old 17 June 2008, 09:05 PM
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Yeah I reckon one of the main reasons is due to the market being flooded with Euro import Imprezas.

It's good for the buyer though.

I bought my '56-plate' hawkeye for about 12k. A UK car with only 8000miles on the clock, which brand new would have cost £20k. So although not good for the previous owner, meant I had a bargain
Old 17 June 2008, 09:05 PM
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You think thats bad, was browsing the internet last week, an 07 plate new mondeo 2.2 6speed TCDI with 10k on the clock (23k new btw) for......
11k
Total bargain

Tony
Old 17 June 2008, 09:16 PM
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PetesDad
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Originally Posted by TonyBurns
You think thats bad, was browsing the internet last week, an 07 plate new mondeo 2.2 6speed TCDI with 10k on the clock (23k new btw) for......
11k
Total bargain

Tony
£23k List Price ...... since when has ANYONE ever bought a Ford at List Price?

The car was probably sold to a fleet hire company for £15k - selling on at £11k is no loss at all I would suggest?

Cast your minds back to 1999 - a 1 Year Old Impreza was the price of a NEW Impreza! Due to the Import restrictions. This was the hayday of the WRX Jap Import ........ no need to buy a Jap Import anymore - but the sheds give the illusion of low prices.

The Impreza everyone wants is a genuine, standard, UK Impreza with 1 owner and excellent history ..... and those bring proper money and are worth every single penny IMO.

If you roll up to buy an Impreza and this fella greets you - RUN AWAY!! http://homepage.ntlworld.com/darkpowers/chav.jpg
Old 17 June 2008, 09:23 PM
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It's all been said really. In the last 3 months, they have dropped BIG TIME. The tax and fuel costs have put many people off owning them. Cant afford to run them so put them up for sale, everyone has done it over the small period mentioned and theres lots of competition. People cant afford to keep them so they lower the price to sell it faster and others follow suit! It is a downwards spiral unfortunately! I bought mine 3 months ago and lost probably 3k?
Old 17 June 2008, 09:26 PM
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PetesDad
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If I sold mine tomorrow I would lose about £20,000

And it ain't no chavmobile with mods and stuff!!
Old 17 June 2008, 09:32 PM
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Originally Posted by PetesDad
If I sold mine tomorrow I would lose about £20,000

And it ain't no chavmobile with mods and stuff!!
granted but it still smells of stale urine
Old 17 June 2008, 09:40 PM
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modeos have always had **** poor residuals though, looking on ebay all the "gas guzzling" performance cars are suffering.
Old 17 June 2008, 09:51 PM
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Originally Posted by chocolate_o_brian
granted but it still smells of stale urine
and TCP
Old 17 June 2008, 09:54 PM
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Originally Posted by PetesDad
and TCP

not old pampers then
Old 17 June 2008, 09:55 PM
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Originally Posted by chocolate_o_brian
not old pampers then
No, that's the Chavs with their snotty babies!!
Old 17 June 2008, 09:57 PM
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Originally Posted by PetesDad
No, that's the Chavs with their snotty babies!!
visit scunny mr lewis senior, chav do not do pampers, more so smart price toilet paper.
Old 18 June 2008, 03:42 PM
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All of the above factors, plus Gordon Browns robbing scheme with road tax. Pretty much anything thats thirsty on the fuel and attracts the higher road tax is going to be worth peanuts next year.

Omegas have horrendous depreciation as it is, I can see them being absolutely worthless next year with the road tax exceeding the cost of the car.
Old 18 June 2008, 06:54 PM
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In last sundays paper it suggested that in the last 3 months over 2 billion pounds had been wiped of the used car market, Thanks Mr G. Brown !
Old 18 June 2008, 10:36 PM
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Too many of the f**kers
Old 18 June 2008, 10:45 PM
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crap image, high running costs, crap image, high maintenance, crap image, high insurance, crap image, higer road tax, crap image, greater competition, crap image....

did I mention the marque is seen as the ultimate in naff and chavdome? Once revered and now it's sneered.....
Old 18 June 2008, 10:54 PM
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Mikkel
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Originally Posted by STi wanna Subaru
crap image, high running costs, crap image, high maintenance, crap image, high insurance, crap image, higer road tax, crap image, greater competition, crap image....

did I mention the marque is seen as the ultimate in naff and chavdome? Once revered and now it's sneered.....
I think you've hit the nail on the head there... Ok, all brands are suffering in the current financial climate but Subaru have been suffering for a while now and thinking about it... it's the image. Every time a villian comes on a TV show they drive an Impreza lol

I got all the chav and drug dealer jibes of my pals when I first turned up in the Impreza... seems to be what people think of them now, rather than as a rally legend.

Last edited by Mikkel; 18 June 2008 at 10:56 PM.
Old 18 June 2008, 11:33 PM
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Originally Posted by Mikkel
I think you've hit the nail on the head there... Ok, all brands are suffering in the current financial climate but Subaru have been suffering for a while now and thinking about it... it's the image. Every time a villian comes on a TV show they drive an Impreza lol

I got all the chav and drug dealer jibes of my pals when I first turned up in the Impreza... seems to be what people think of them now, rather than as a rally legend.
check out the new C4 'ad' for their gun crime programs... first 15 seconds.. tells you everything.

YouTube - handguns long version
Old 19 June 2008, 03:19 AM
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I wouldn't call a scooby chav because chavs can't insure them. End of day what i find chav is kitted up vauxhall corsa's ford ka's and saxos to be chav.

True I think Impreza's have the gangster drug dealers image!
Old 19 June 2008, 07:55 AM
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Originally Posted by SqeekyMclean
I wouldn't call a scooby chav because chavs can't insure them. End of day what i find chav is kitted up vauxhall corsa's ford ka's and saxos to be chav.

True I think Impreza's have the gangster drug dealers image!
Thank God for that, for a moment I thought people may think I'm a chav but a ganster drug dealer is a lot better
Old 19 June 2008, 10:25 AM
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The more successful drug dealer will be driving a BMW X5 or Range Rover Sport (in black, with the windows blacked out of course !) Seems to be that way round here anyway !
Old 19 June 2008, 01:02 PM
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Anyone remember the days of 6 month waiting lists and selling the car at a profit?
Old 19 June 2008, 02:05 PM
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Originally Posted by andys
Anyone remember the days of 6 month waiting lists and selling the car at a profit?
The marque been seen as one to aspire to....... Good 10 years back that now
Old 19 June 2008, 02:13 PM
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I think because there are so many different variants and facelifts, models etc.
Old 19 June 2008, 02:42 PM
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Originally Posted by GazTheHat
I think because there are so many different variants and facelifts, models etc.
that and importers saw the money to be made from jap cars.


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