PPPRob

I've been following the prices of newages ever since i bought mine back in february this year and I have to say that I can't believe that the **** has fallen out of these so much

I payed 18k for my WR blue 04 STI with PPP on 8k miles and by the looks of it, I reckon its lost about another 3 grand since then..... if I'm lucky!!!

I thought I was getting a cult car that wouldn't depreciate that much over the 18 months - 2 years that I was planning on keeping it, but it seems like I've really shot myself in the foot

So much so that I can GUARANTEE that I won't be buying another scoob ever!!! Now I've had no problems, faults, niggling rattles or anything and the car performs amazingly. Its everything i expected and wanted it to be, but at the end of the day, its just too damn expensive.

Trouble is, what the hell do I buy autumn/winter when it comes to the next car?

Disheartened nearly new scooby owner

swtmerce

All cars depreciate. Get over it

wilb

Perhaps yours was overpriced to begin with too?

jasonius

iTrader: (1)

As said car loose money..!

If you're changing cars often then you will loose more money, even buying 2nd hand..! How do you think the guys who bought new at 24k feel now that <2yrs on and their cars worth <15k..!!?

Even my old mans 52 330d sport lost 10k in less than two years and they were considered to be one of the best for residuals..!

Maybe you need to see what you can get on Fleabay..? My brother's just bought a very tidy 53 saxo desire with 10k on the clock for £1800. Trade price for this is ~£2500..!

GazTheHat

I think you paid £2k too much for it, and is probably worth about £14k now. So £2k loss, over the year is a lot, but surely you knew it would be coming, for a 2 year old car. I'm in the same boat, but have thrown £ks at modifying it.

Just keeping modding it, in the false economy you'll get more money back.

WHEELSHOP0_0

One of our customers cars was 600SE (limo) spec. was £105,000 new 3yrs old sold for £25,000 OUCH

PaulC72

Its only money!!! The smile is worth the depreciation!!!

PPPRob

I guess you're all right

Its a bitter pill to swallow tho.

I suppose I did get a good trade in on my old car as it was from a dealer.

I must admit tho, the idea of spending more on mods has already taken hold big time

RLE

iTrader: (2)

where has your "eye" been Rob? Subarus have depreciated at a fair rate of knots for some time.

I agree though it isn't good. Like you I paid £18.5k for my 53 plate sti back in April last year. Probably be lucky to see £13.5k back now and I've only done 6k miles in it. Figures aren't helped by the fact that I keep on bloody spending on it.

Between my Classic and my Newage I could have paid my mortgage off. Thats when it hits home.............

Now you have it enjoy it mate.

scoobynutta555

SIAL alert.

I lost 14k on a P1. Get over it.

ps. It's paid not payed

PPPRob

And thats the other reason

Is there any need to be so harsh?

And if grammer is your thing, it's nutter, not nutta

scoobynutta555

What's the other reason?
Yes there is a need, it's called a reality check
PPPRob isn't in the dictionary either.
Not as stupid as someone moaning about depreciation in a car that's yet to need it's first MOT.
Anything else?

EBRWRX

Ummmmmmmmmmm, nice one !!!!!!!!!

scoobynutta555

Agghh I missed that in my keyboard fury

A pedant point lost

EBRWRX

Haven't been online for about 3 weeks and spotted this within about 3 minutes.

PPPRob

Thanks, both of you, for further welcoming me to this community

scoobynutta555

Grow some more layers of skin FFS.

Do your homework on ANY mainstream car when buying nearly new. Only the thick or the wealthy buy a newish car with no concern of resale value.

My last two Imprezas have been at least 6 years old.

PPPRob

Ok, I will
Well I'm moaning about losing money so I'm clearly not welthy so are you calling me thick?
As is your bird I suppose

scoobynutta555

Naturally.
What does welthy (sic) mean
Better than a semi dry sock I suppose. She's 21 BTW

PPPRob

Ok ok, enoughs enough

I felt bad about insulting you (your partner) and of course I don't know you

Wealthy..........OK I can type when I want to!!! (Damn RF keyboard getting me into arguements LOL!)

I'm sorry I offended you with this SIAL but I just wanted to start a discussion, I didn't want a row, honest.

Friends???

GazTheHat

Don't worry PPPRob. It pisses a lot of people off about the depreciation, it's just that is the last thing they want to hear, someone moaning about it. It makes them remember how much they're losing too.

It just goes hand in hand with the MPG threads.

If you think what you could've done/bought with the £2k depreciation, bet nothing would make your heart race as much, nor smile as much. Bet ya. No expensive hooker, pure charlie or 100 year old malt could!

PPPRob

Absolutely mate, I don't deny that for a second

Just didn't intend to hit such a raw nerve, thats all

PaulC72

I ain't thick, so funnily enough I must be wealthy, best not let the wife know

euan_r

iTrader: (29)

u wont be buying another scoob..................good.............keep the one u got if u dont like depreciation. if something breaks, uprate it oh an as for winter car, let me see............................................... ...yip scoob

scoobynutta555

Ok, no kissing though

My first Impreza (wrx) I lost 8k
second stitypeR I lost 1k
P1 14k
22b evens
The one I have now has cost me 5k so far with buying it and putting in a new engine. Next week It'll have the rest of APIs conversion bringing things to 320 bhp ish costing about 1.4k. So in total I should have a very fast reliable car for 6.5k which *should* be its market price if I wanted to sell.

There was once a day when Imprezas had rock solid residuals and even on a brand new car after a few years of owning it you'd not see a massive drop, if indeed any drop. Sadly, it's all about supply and demand and prices these days reflect this. Even look at a 996 turbo, you'd be amazed how much they lose within 3 years.

I shall never be buying a new car again. I prefer somebody else take the big depreciation hits for me. Over the years I have lost 23k on Imprezas just on depreciation. It is a bit silly really as I could have found better avenues for my cash.

If/when you do decide to sell your car it may be worth going back in time like me and you'd feel a lot happier with Impreza ownership knowing you aren't getting hurt with depreciation.