IS THIS THE WORST TRADE IN PRICE EVER
29 April 2004, 08:49 PM
#61
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Example:
1999 Sti V Jap import, no history for first 3 years, 54K miles, some minor dings on doors ..... trade in on Evo FQ340 = £8000 against list with regular 7.9% APR finance deal.
Cash deal = 1600 discount + 50% interest free for 12 months. So even selling privately for 8k makes me better off by about £2500, but selling for 10K (more realistic value) puts me at 4500 better off than trade in - ie, REAL margin for dealer on this deal!
It seems to me, from what I have seen recently (including MPV purchase in January for the missus) that 4K or so seems to prevail between cash vs 'trade in' once all is said and done!!!
1999 Sti V Jap import, no history for first 3 years, 54K miles, some minor dings on doors ..... trade in on Evo FQ340 = £8000 against list with regular 7.9% APR finance deal.
Cash deal = 1600 discount + 50% interest free for 12 months. So even selling privately for 8k makes me better off by about £2500, but selling for 10K (more realistic value) puts me at 4500 better off than trade in - ie, REAL margin for dealer on this deal!
It seems to me, from what I have seen recently (including MPV purchase in January for the missus) that 4K or so seems to prevail between cash vs 'trade in' once all is said and done!!!
29 April 2004, 10:16 PM
#62
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Originally Posted by paulwrxboro
Iv just been offerd £7500 for my 2001 bugeye wrx import with 28000 miles against a £25000 6 month old uk sti which i was thinking was a bit pricey anyway. Is this wrong or am dreaming if i wanted £12000
04 May 2004, 04:49 PM
#63
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JUST SOLD MY03 IMPORT 17k
I have just sold a my03 wrx import 13k miles for £17000 to a complete **** the car had 2 big scratches on the side and the engine and box were **** ged to ****
04 May 2004, 09:30 PM
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I have a sti8 ppp to part exchange 11,300 miles, 18" speedlines, mudflaps and have been to 4 mitsubishi dealers and cant get anywhere near £20,000 against a 340 mr. They have all said no subaru garage will cooperate with them. I am a bit pi--ed of after having 3 subarus and wanting a change.
04 May 2004, 09:43 PM
#65
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Paul, this might be a good comparison for you.
I have just traded in my MY01 WRX UK car, with Sti alloys, PPP and 18.5k on the clock for a brand new UK Sti with PPP. The payment required was £12,800. This equates to a trade in value of £14,100 on the list price for the STi (plus PPP) - or a discount on the list price whichever way you want to look at it.
At the same time I was speaking to Litchfield and the maximum they offered was £10k trade-in. So as much as I lusted after the Spec C I could not stomach the £4k loss in trade-in.
I suggest you try a couple of dealers - typically some will offer up to a £1000 more than others. You will also get much better trade in against a new car, in my experience - since I was also looking at a second hand MY02 Sti - but the trade in just did not add up.
If you are interested in the dealer I used let me know.
I have just traded in my MY01 WRX UK car, with Sti alloys, PPP and 18.5k on the clock for a brand new UK Sti with PPP. The payment required was £12,800. This equates to a trade in value of £14,100 on the list price for the STi (plus PPP) - or a discount on the list price whichever way you want to look at it.
At the same time I was speaking to Litchfield and the maximum they offered was £10k trade-in. So as much as I lusted after the Spec C I could not stomach the £4k loss in trade-in.
I suggest you try a couple of dealers - typically some will offer up to a £1000 more than others. You will also get much better trade in against a new car, in my experience - since I was also looking at a second hand MY02 Sti - but the trade in just did not add up.
If you are interested in the dealer I used let me know.
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