Corbic Impreza Shopping Mega Thread!
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Run to or Run from? (Impreza TS).
Well first off I want an Impreza 2.5 2002+ Sedan. Under 50k miles, and not in red. It also has to be on a dealer lot so I can trade my Golf in and finance. I also want payments around $200... Easy right? -__-
Shockingly, in this wonderful wasteland of the Midwest a 2002 Impreza with 41,000 miles showed up not in Chicago or any other funky 150mile away place but just down the street from me on one of my town’s biggest dealer’s lots. Only problem is, it's a wagon!! -__-
2002 Impreza TS, 2.5, 41k miles, minty, black. Asking $11,800. Remainder Factory warranty, plus 3 month, 3,600 mile bumper-bumper. Not bad eh? Well I looked at it. It has a cheap $40 muffler (puke) and an "ok" non-name-brand air intake. They removed the entire factory box set up and have a steel tube running from the top of engine, which bends and goes over to the side with a cone on it. Least it’s not a CAI I suppose.
Any way, had to get back to class so I could drive it, but it sounded great, despite the horrific muffler.
I go back today. It’s gone. I'm going "THEY SOLD IT NOOOOOOOOOOO!" I run in and spot the lady I was dealing with the other day. She looks as shocked as I when I said it was gone!! She even had the keys still!! Well she tracked down the sales manager. He goes, "oh? I sent it to auction in Ft. Wayne this morning"
WHAT!
He apologized and promptly offered me a deal on a new Pontiac Vibe with AWD (4-grand is hardly a deal). He then said if it didn’t sell today he will bring it back. I might add he was excited that I was interested in the car; apparently it had sat for 2 weeks with NO ONE even looking at it. (It’s in the ghetto by the way).
Alas. IIRC auctions normally only get a dealer about 60-70% of the cars value, correct? The rest is normally a loss, or they trade other dealers for area specific cars (we can't have enough 3er Converts here, nor STIs, sold 9 '05s already).
Shockingly, in this wonderful wasteland of the Midwest a 2002 Impreza with 41,000 miles showed up not in Chicago or any other funky 150mile away place but just down the street from me on one of my town’s biggest dealer’s lots. Only problem is, it's a wagon!! -__-
2002 Impreza TS, 2.5, 41k miles, minty, black. Asking $11,800. Remainder Factory warranty, plus 3 month, 3,600 mile bumper-bumper. Not bad eh? Well I looked at it. It has a cheap $40 muffler (puke) and an "ok" non-name-brand air intake. They removed the entire factory box set up and have a steel tube running from the top of engine, which bends and goes over to the side with a cone on it. Least it’s not a CAI I suppose.
Any way, had to get back to class so I could drive it, but it sounded great, despite the horrific muffler.
I go back today. It’s gone. I'm going "THEY SOLD IT NOOOOOOOOOOO!" I run in and spot the lady I was dealing with the other day. She looks as shocked as I when I said it was gone!! She even had the keys still!! Well she tracked down the sales manager. He goes, "oh? I sent it to auction in Ft. Wayne this morning"
WHAT!
He apologized and promptly offered me a deal on a new Pontiac Vibe with AWD (4-grand is hardly a deal). He then said if it didn’t sell today he will bring it back. I might add he was excited that I was interested in the car; apparently it had sat for 2 weeks with NO ONE even looking at it. (It’s in the ghetto by the way).
Alas. IIRC auctions normally only get a dealer about 60-70% of the cars value, correct? The rest is normally a loss, or they trade other dealers for area specific cars (we can't have enough 3er Converts here, nor STIs, sold 9 '05s already).
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Forgot :P
So how good a deal do you guys think this car is? Seeing it was at auction I was hoping I could take them to the cleaners on the price. Could 10gs be possible seeing I have a trade in?
At that I could easily walk out owe around 8k and having nice low payments. 185 for 48months and 150 for 60!
So how good a deal do you guys think this car is? Seeing it was at auction I was hoping I could take them to the cleaners on the price. Could 10gs be possible seeing I have a trade in?
At that I could easily walk out owe around 8k and having nice low payments. 185 for 48months and 150 for 60!
Registered User
Joined: Dec 2004
Posts: 293
TS.. but
it is a TS, it's pretty much a strippy. As long as that's OK with you, with the money you save, you can put in a decent stereo system, slap on some nice stock WRX wheels or something, etc, and replace the crap mods on there with stock stuff (available super cheap here) or nicer aftermarket stuff.
That having been said, the TS is a discontinued model, and if they get it back, it's a REALLY unwanted car. That car would sell at an auction in your area around 7500 according to Manheim, assuming average condition.
If it comes back, that means they couldn't get $7500 for it at auction. Don't give them a penny over 9K. IMHO of course. Keep in mind that you have ALL the bargaining chips in this situation. It's a rare day that a dealer takes a TRUE loss on a car (it's happened to a store I've been at maybe 5-6 times in almost 4 years) , but this is one of those times where if you go in at 9, and stay at 9, they'll spend as much time as they dare trying to get more out of you, but eventually, they'll probably sell. Stick to your guns and you might just get lucky!
happy negotiating!
That having been said, the TS is a discontinued model, and if they get it back, it's a REALLY unwanted car. That car would sell at an auction in your area around 7500 according to Manheim, assuming average condition.
If it comes back, that means they couldn't get $7500 for it at auction. Don't give them a penny over 9K. IMHO of course. Keep in mind that you have ALL the bargaining chips in this situation. It's a rare day that a dealer takes a TRUE loss on a car (it's happened to a store I've been at maybe 5-6 times in almost 4 years) , but this is one of those times where if you go in at 9, and stay at 9, they'll spend as much time as they dare trying to get more out of you, but eventually, they'll probably sell. Stick to your guns and you might just get lucky!
happy negotiating!
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It did have power locks and windows and a CD player.
I also just came across (240 miles away!) a 2000 RS 4dr. Asking 8,000, wiht 75k on the clock and a "warrenty". Picture looks great, however I question the price and mileage. Most RSs seem to go for 10k, at least listing. And the miles are high, I'm looking for "super" relieable.
I also just came across (240 miles away!) a 2000 RS 4dr. Asking 8,000, wiht 75k on the clock and a "warrenty". Picture looks great, however I question the price and mileage. Most RSs seem to go for 10k, at least listing. And the miles are high, I'm looking for "super" relieable.
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Joined: Dec 2004
Posts: 293
75K ain't high for an RS
75 K isn't so bad for an RS, but you're right to be nervos about the price. It is too low. Is it on a dealer lot, or a private seller. Occasionally (OCCASIONALLY) private selllers dont do enough research, and sell a car too cheap. Dealers never make this mistake. If it's on a dealer lot, and the price is too good to be true, it is. It's either 1) a scam, which I'm sure you know all about from the other thread in this forum or 2) it's got body work/collision damage or 3) blown head gasket.
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Joined: Apr 2003
Posts: 170
From: SoCal
Car Info: 2.5RS STI swapped
I personally wouldn't go for the 04 TS wagon. But I'm not into the body style and not really into wagons. I'd go for the MY00.
I just purchased my second GC 2.5 RS. I paid 8.5k for it. It had the hood and bumper replaced when doods "wife hit a pile of dirt." I was kind of skeptical but I took it to another mechanic and they said it looked great. It has 80k miles and seems to run really strong. Came with a Borla header, Magnaflow muffler, Rota 17" attacks with new tires and the 16" stock wheels with new Falken tires. Cusco sways and links. KYB struts and ground control springs and an extra set of JIC FLA2 coil overs. 02 WRX seats. I felt the same way but the car runs hard. Runs strong. I'll hopefully be swapping out the engine for an EJ20 USDM so I wasn't terribly worried about the engine. Deals can be had. Maybe the prices on GC's are dropping.
I will say off the bat I noticed the STI side skirts and clear corner and bumper lights. So I'd say the previous owner ran that thing hard. Hopefully he maintained it. Are the tires on 16" stock rims RE92's? That'd be a good guess wether or not he replaced the wheels with his own. Might give you some idea of the history of the car anyway.
Check carfax.
cheers
garrett
I just purchased my second GC 2.5 RS. I paid 8.5k for it. It had the hood and bumper replaced when doods "wife hit a pile of dirt." I was kind of skeptical but I took it to another mechanic and they said it looked great. It has 80k miles and seems to run really strong. Came with a Borla header, Magnaflow muffler, Rota 17" attacks with new tires and the 16" stock wheels with new Falken tires. Cusco sways and links. KYB struts and ground control springs and an extra set of JIC FLA2 coil overs. 02 WRX seats. I felt the same way but the car runs hard. Runs strong. I'll hopefully be swapping out the engine for an EJ20 USDM so I wasn't terribly worried about the engine. Deals can be had. Maybe the prices on GC's are dropping.
I will say off the bat I noticed the STI side skirts and clear corner and bumper lights. So I'd say the previous owner ran that thing hard. Hopefully he maintained it. Are the tires on 16" stock rims RE92's? That'd be a good guess wether or not he replaced the wheels with his own. Might give you some idea of the history of the car anyway.
Check carfax.
cheers
garrett
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2005 Impreza, 189 a month, good deal?
For less then a Used Impreza I can currently lease a new 2005 Impreza according to Subaru.com. I am wondering if anyone has done this or has an opinion on it.
Deal is $189 a month, $0 down, $0 due at signing, $0 first payment. 24 months, 24k miles. "Well qualified buyers". O_o?
Some how I figure there are some number games going on here. I doubt this includes estmated sales tax, intrest and the fact that I have no idea what a "well qualified buyer" intails. $500,000 a year income or bank has still not decided to take your stereo? Well to me soulds like "less then good" but that can't be what they mean.
Deal is $189 a month, $0 down, $0 due at signing, $0 first payment. 24 months, 24k miles. "Well qualified buyers". O_o?
Some how I figure there are some number games going on here. I doubt this includes estmated sales tax, intrest and the fact that I have no idea what a "well qualified buyer" intails. $500,000 a year income or bank has still not decided to take your stereo? Well to me soulds like "less then good" but that can't be what they mean.
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Car Info: A limousine with a chauffer
"Well Qualified Buyer" usually means high 600 credit score, if not in to the 700s. Leasing, IMO, is a bad idea and I wouldn't do it.
And make sure you can stay within that mileage. And you don't want to modify your car. And it will never, ever get a door ding, or you'll pay.
And make sure you can stay within that mileage. And you don't want to modify your car. And it will never, ever get a door ding, or you'll pay.
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From: Reno, NV
Car Info: 1993/2000/2001 GF4 mostly red
Leasing is a great option if you intend to keep the car longer than the term of your lease. I would keep the lease term to 36-48 months if you do go that route. I bought my Rs on a 36 month Subaru lease, and it saved me over $100 a month, plus if I had given the car back I would have made $2000 selling it to the dealer, because my residual was lower than the cars actual value, even though I was well over the milage limit. Leases are trickier for the average buyer though, because the ways of getting more money out of you are less obvious on the bottom line. Just erememebr that a lease is completely negotiable like a standard purchase. PM me if you want some tips on lease bying. Remember, this is only really useful if you plan to keep the car well past 3 or 4 years. If not, just do standard financing.
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From: Reno, NV
Car Info: 1993/2000/2001 GF4 mostly red
Originally Posted by Corbic
For less then a Used Impreza I can currently lease a new 2005 Impreza according to Subaru.com. I am wondering if anyone has done this or has an opinion on it.
Deal is $189 a month, $0 down, $0 due at signing, $0 first payment. 24 months, 24k miles. "Well qualified buyers". O_o?
Some how I figure there are some number games going on here. I doubt this includes estmated sales tax, intrest and the fact that I have no idea what a "well qualified buyer" intails. $500,000 a year income or bank has still not decided to take your stereo? Well to me soulds like "less then good" but that can't be what they mean.
Deal is $189 a month, $0 down, $0 due at signing, $0 first payment. 24 months, 24k miles. "Well qualified buyers". O_o?
Some how I figure there are some number games going on here. I doubt this includes estmated sales tax, intrest and the fact that I have no idea what a "well qualified buyer" intails. $500,000 a year income or bank has still not decided to take your stereo? Well to me soulds like "less then good" but that can't be what they mean.
Registered User
Joined: Dec 2004
Posts: 293
Smart Buy
Smart Buy, 2005 2.5 RS M/T $169/MO $0 down 48 months.
24 month lese = bad idea. After that you have nothing, and you will likely also get hit for over miles, dings, etc. Plus you can't mod (all mentioned above). Smart buy, and it's your car.
24 month lese = bad idea. After that you have nothing, and you will likely also get hit for over miles, dings, etc. Plus you can't mod (all mentioned above). Smart buy, and it's your car.
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Car Info: 05 WRX Wagon (Crystal Gray)
Originally Posted by Corbic
For less then a Used Impreza I can currently lease a new 2005 Impreza according to Subaru.com. I am wondering if anyone has done this or has an opinion on it.
Deal is $189 a month, $0 down, $0 due at signing, $0 first payment. 24 months, 24k miles. "Well qualified buyers".
Deal is $189 a month, $0 down, $0 due at signing, $0 first payment. 24 months, 24k miles. "Well qualified buyers".
47% residual. 12k per year. Money factor = .00065 (really good)
Minus 2% on the residual for a 15k lease.
700 + credit score to qualify for that payment.
If you can stay within the miles and not mod your car (unless you plan to buy it afterwards) then leasing is a really good thing. No chance of being buried, just turn it in. You just have to make sure and follow the rules if you plan on turning it in.
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Car Info: 1993/2000/2001 GF4 mostly red
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