MY00, Fit PPP or buy Sti
#1
Hi,
I have an MY00 and have been considering the new STi, however I face a two grand difference between my finance settlement and the trade in value of the car (dealer offering no discounts), should I use this money to fit PPP to my MY00 or is the STi worth the loss ?
I have an MY00 and have been considering the new STi, however I face a two grand difference between my finance settlement and the trade in value of the car (dealer offering no discounts), should I use this money to fit PPP to my MY00 or is the STi worth the loss ?
#2
You have to drive it and make up your own mind. However don't forget that over the next 2 years you will lose alot more on a new STI than you will on your current car.
MY00 value today = £13k? in 2 years with PPP = £9k? =£5.5k loss(including paying out £1.5k for a PPP today)
STI Today = £26k, in 2 years = £17k? = £9k loss. Plus you'll pay more for insurance and finance on the bigger loan if you take one.
So book a test drive of a MY00 PPP and an STI and see if you can justify the cost.
Ta
Chuck
[Edited by chuckster - 2/22/2002 2:25:55 PM]
MY00 value today = £13k? in 2 years with PPP = £9k? =£5.5k loss(including paying out £1.5k for a PPP today)
STI Today = £26k, in 2 years = £17k? = £9k loss. Plus you'll pay more for insurance and finance on the bigger loan if you take one.
So book a test drive of a MY00 PPP and an STI and see if you can justify the cost.
Ta
Chuck
[Edited by chuckster - 2/22/2002 2:25:55 PM]
#3
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Same thoughts as Chuckster....
Really its down to if you like the STI enough to pay that much more. I think it is fair to say that to get a MY00 anywhere near an STI is not just about power increases, but also handling and braking. That would cost more than £2K.
For me with a MY00, I'm going for upgrades not trade in
J
Really its down to if you like the STI enough to pay that much more. I think it is fair to say that to get a MY00 anywhere near an STI is not just about power increases, but also handling and braking. That would cost more than £2K.
For me with a MY00, I'm going for upgrades not trade in
J
#4
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Or get the STi, and then upgrade with the PPP in a few months time (when it becomes available). Sure it costs more than the MY00, but you'll have a faster car at the end of it. Just depends on what you want and the size of your wallet really
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