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Time is almost up - what's it worth and what should I go for next?

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Old 25 April 2002, 11:44 AM
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Peter L
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I have only got 6 months left on the Subaru finance deal for my MY99. The options at the end are either to hand it back , PX for a new one or sell it privately and pay off the remaining finance.

Firstly, any ideas how much I can get for mine either as PX or private sale? I think the guaranteed value as part of the deal is around £9500. Spec is...

Silver MY99 (v-reg)
Currently 37K miles, probably nearer 45K when I come to sell
SS back box
Colour coded skirts and mirrors and clear indicators
Air con
Kenwood mask MD head unit

Secondly what should I go for next?

I have test driven a modified STi7 Prodrive (delaer claimed it was nearly at 300 bhp due to magnex exhaust and other mods). Really liked it, but wanted silver - told the Prodrive one doesn't come in silver. Not too keen on gold wheels (must be that my name is Peter Lewis ) so whatever colour I decided on would want to go for silver or anthracite wheels.

Though about the standard STi in silver and then adding appropriate mods - bigger wing, PPP etc...

Any thoughts

Cheers
Peter


Old 25 April 2002, 08:44 PM
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ids
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Pete,

You know you want an STi.!!!

I thought I had got it out of my system when I sold mine last year but no.... now got a UK STi on order, due for delivery end of May !!!

Get a UK STi in Silver !!! do a deal ... you know it makes sense

Kev
Old 25 April 2002, 08:55 PM
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Dave P
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You should consider chopping in early. That's what I just did on my deal. Got out 4 months early. My repayments were 330 a month and the car is losing about 330 a month. Have gone for a MY02.

Mine was an MY99 T reg, 30k and they gave me 12K which was all the better as I now only pay 298 per month on the new one. They gave me an extremely good deal.

Dave
Old 25 April 2002, 09:24 PM
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stephen30
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I reckon it's probably worth at least £12k. There's no harm in going in and asking what they'll give you for it aainst something else. That's what I'd do.

Steve
Old 26 April 2002, 09:31 AM
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Peter L
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Smile

Thanks for the comments.

Kev, how are you doing? What are you up to these days?

Interesting point on chopping it in early. Do you have to pay off all of the remaining payments up front in return for a higher value? Therefore does it matter other than to get a new car earlier?

Cheer
Peter
Old 26 April 2002, 11:46 AM
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stephen30
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As far as I can remember when I had one of these schemes running, you will be payments wil be worked out so that you owe rouhly 9.5k at the end when your deal is up. You should therefore owe the finance 9.5k + 6 months payments at the moment so as your car is worth more then you should be ok. I would check on your docs to see what your baloon payment is or alternatively phone up te finance co and ask for a settlement figure, which mine gave me over the phone.

Steve (war & peace post)
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