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Car value after 2-3 years?

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Old 06 January 2007 | 03:47 PM
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Question Car value after 2-3 years?

Looking at buying another scooby

If you had to take a guess what do you think the value of a STI8 (2003-4) will be in 2 and 3 years time?

STI type UK 2003-4

JDM STI8 2003-4
Old 06 January 2007 | 04:30 PM
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10 grand.
Old 06 January 2007 | 04:58 PM
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I agree. Like to think a standard 53 plate sti will be worth approx £13k in todays market and lose 10% a year
Old 06 January 2007 | 07:23 PM
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something i need to think about b4 buying another
Old 06 January 2007 | 07:29 PM
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Most cars - including Imprezas - lose 50% of the value after 3 years.
Old 06 January 2007 | 07:54 PM
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damn.

the thought of spending £12-15k then losing 50% over 3 years is scary

Is I buy an £1000 metro it wont be so bad
Old 06 January 2007 | 09:45 PM
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Originally Posted by pslewis
Most cars - including Imprezas - lose 50% of the value after 3 years.
thats from new though? the guys looking to buy a 3yr old one, and predict its value in a couple of years.

the 10% a yr seems about right
Old 06 January 2007 | 09:51 PM
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3 year old car will be worth about 45-50% of list price - if you expect to keep it for another few years then work on 10% per year IMHO - If you keep it more than 2 years you need to look at reducing the 10% slightly...
Old 07 January 2007 | 12:41 AM
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I paid £16.500 for an STi 03 plate type uk sixteen months ago, from a main dealers, included 30k service, superguard, 18 months full extended warrenty, with breakdown, 6 months tax.

I was quite pleased.
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