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overpriced car and whats its tru value??

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Old 30 August 2008, 03:24 PM
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El Cat
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Default overpriced car and whats its tru value??

Claude Holman Cars
how much over priced is this??
my bro is interested in it but not at the price its up for @ £9995 with 6 months warranty
been there for 6 months and was up for £11495 then
now dropped to £9995 54 plate with 51k
says on parkers about £9500 from a subaru dealer with 40k on it
and £8700 from a independent dealer with £40k on it

opinions anyone??
Old 30 August 2008, 03:59 PM
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It's nasty IMHO! Go for a £10k STi instead

TX.
Old 30 August 2008, 04:28 PM
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Blueblaster
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When I clicked the link I was expecting to see an STI. That price for a WRX is an absolute joke. Read some of the recent posts where traders have been explaining the value of cars at the moment. Even with the warranty that car isn't worth a penny more than 7 grand and even then I'm being generous. Your brother would be better advised to buy a WRX from a private seller that still has some Subaru warranty left on it. £9-10k should easily get him a car in its third year.
Old 30 August 2008, 04:33 PM
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El Cat
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he has a an MY00 that the guy ius willing to give him a decent price fori said to the guy my bro would give him £4k and his MY00 with 48k on the clock
his eyes lit up at the thought of cash being introduced into the equation!!!
Old 30 August 2008, 06:35 PM
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amego
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**** me
Old 30 August 2008, 06:37 PM
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way too expensive, can get a mint low mileage sti blob for just a bit more
wiley
Old 30 August 2008, 09:00 PM
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Originally Posted by wiley
way too expensive, can get a mint low mileage sti blob for just a bit more
wiley
Indeed. Just sold my mint 2005 STI PPP with Prodrive springs and Alloys with 34,400 miles on it for £12k.

£10k for a 54 plate WRX? Far to much.
Old 30 August 2008, 09:15 PM
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buy my 53 plate for 6k if he likes
Old 03 September 2008, 10:18 AM
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Or my 53 plate on 34k miles and history £6995 as is or a bit more with warranty px etc

https://www.scoobynet.com/private-sa...low-miles.html
Old 03 September 2008, 12:20 PM
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wrxsti280
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thats about 3k overpriced leave it well alone
Old 03 September 2008, 06:46 PM
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MY93WRX
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Default The Glass Guide is the dealers bible - can get it free too - see link

Originally Posted by El Cat
Claude Holman Cars
how much over priced is this??
my bro is interested in it but not at the price its up for @ £9995 with 6 months warranty
been there for 6 months and was up for £11495 then
now dropped to £9995 54 plate with 51k
says on parkers about £9500 from a subaru dealer with 40k on it
and £8700 from a independent dealer with £40k on it

opinions anyone??
Glass's guide is the industry book - parkers is a comic book to Glass's, but the AA give you a free mileage adjusted Glass's price: 04 54 reg 51K £8495 Dealer forecourt

Car Buyers Guide - The AA

Car Buyers Guide - The AA

Last edited by MY93WRX; 03 September 2008 at 06:50 PM.
Old 03 September 2008, 07:19 PM
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Microstar
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Parker's is not particularly reliable.

Here is a direct free link to Glass's Guide online. Please don't put it on other forums otherwise it'll probably be removed.

Glass's Consumer Values - 1/7

Glass's prices always tend to be on the high side and are much more representative of franchised dealers (IMHO).

Personally I reckon CAP ('Current Auction Prices') is of more relevance to the market for used Subaru at the moment. CAP prices tend to be a fair be lower than Glass's.

Bear in mind that these guides show 'lagging' data (i.e. the information tends to be a month or more old). The way prices have dropped recently, a month is a long time! I hear that some dealers are refusing to honour '58 reg P/X deals made on trade-in cars valued 6-8 weeks ago! That's how badly things have fallen.
If you want an idea of how much your Impreza is worth then phone a few local motor traders, describe your car honestly to them, and ask them how much they'd give you as a cash deal for your car. I bet most just wouldn't want it, and those that do make an offer will leave you open mouthed.

I predict the market for used Subaru (in fact anything of 2 litre or more) will continue to fall and next year you'll struggle to give the cars away. A lot more people will be on the dole and mortgage repo's will be rising (they already are!). A lot of people are totally borrowed out, over the last 12 months borrowing in the UK has been running at over £250m every day of the week

There was a good programme on the radio this week about a car repo man who's very busy at the moment, well worth a listen, here's the iPlayer link:

BBC iPlayer - Driving into Debt
Old 03 September 2008, 08:22 PM
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st33ly
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Microstar really good link mate. Well done. Agree with abv.
Old 03 September 2008, 08:56 PM
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parkers is crap - nuff said. its good for your ego nothing more.
Old 03 September 2008, 09:02 PM
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GC8
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Historically PPG was extremely accurate: the reason? Originally PPG was published by the same firm as CAP and the prices accurately mirrored those in the Black Book, albeit one month behind.

Simon
Old 03 September 2008, 09:37 PM
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Stephen Pope
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Or what about a professionally modded STI (mine) for about 10K?

Subaru : WR Blue WRX STi Type UK
Old 03 September 2008, 11:13 PM
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Microstar
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Originally Posted by GC8
Historically PPG was extremely accurate: the reason? Originally PPG was published by the same firm as CAP and the prices accurately mirrored those in the Black Book, albeit one month behind.

Simon
That was some while ago though. CAP is produced by emap and Parker's by Bauer.
At the end of the day these are just guides and there can be big variations according to the local market. They also rely on truthful information. For example Glass's get a lot of data from sales managers of franchised outlets - can they be relied upon to truthfully report the value of a deal?
Old 04 September 2008, 11:21 AM
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El Cat
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sti insurance is too much for him
a wrx blob or bug with exhaust, panel filter and remap is coming in at half the price of the equivalent unmofified sti models for some reason, but he is only 22 and 23 in a few weeks
Old 04 September 2008, 11:38 AM
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Microstar
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If he's prepared to spend £10k then he could probably get into an 06-07 Hawkeye WRX, and it would still have some manufacturers warranty on it. Even buying privately is not too risky at this age - get AA/RAC inspection done on it (£200-300), verify the service history and you have Subaru warranty of 12 months or more to fall back on if there are any problems.
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