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Invest in a WRX
Posted: Sat Jan 30, 2010 1:36 pm
by Jerome Adams
apparently they never depreciate! They sold new for $24-25K and I have seen numerous 2006 and 2007 listed at $20-22K.
Even the 02s are going for around 10-12K...and these aren't the ones that have 10-20K in mods to them either...these are the lightly modded to stock versions.
I went and looked at an 04 with 135K on the odo and light damage to the left rear quarter panel (dented and scraped with touch up paint over the rusted scrape) and the dealer is asking $10,650 for it. I offered them $7000 for it, and the sales manager actually came out of his office to ask me if I was seriuos...
I test drove the 04 and loved it, but not gonna pay that much for a car with 135K on the clock!
Posted: Sat Jan 30, 2010 1:39 pm
by neonslg09
don't
they aren't that awesome, and are hard to work on. and that dealer, is on dope.
Posted: Sat Jan 30, 2010 1:40 pm
by Haganracing
I would never buy a wrx. Im just very loyal to my car company.
Posted: Sat Jan 30, 2010 1:41 pm
by neonslg09
If you want AWD, get an EVO 8, 9, or 10.
Posted: Sat Jan 30, 2010 1:49 pm
by Jerome Adams
There are few Evos around the Kansas City area (about 150 miles away)...but they are a little out of my price range right now $22K. After I get promoted this summer I will be in better shape.
Also looking into a 3 series BMW. Still doing research on which is the easiest/cheapest to tune. I like the sedans cuz I got 3 kids so if the neon is up on jack stands I can still fit the whole family in my other car.
I love my NEON and plan on keeping it, but I am tired of FWD. Want a RWD or AWD.
Posted: Sat Jan 30, 2010 1:58 pm
by Haganracing
German engineering FTL!
Re: Invest in a WRX
Posted: Sat Jan 30, 2010 3:03 pm
by Passt
Jerome Adams wrote:Even the 02s are going for around 10-12K...and these aren't the ones that have 10-20K in mods to them either...these are the lightly modded to stock versions.
I'd pay more for a stock SRT than a modded one. That goes for any car really, unless I knew the previous owner personally. It's not worth it to inherit someone else's 400 whp problem.
Posted: Sat Jan 30, 2010 3:12 pm
by LowNSlow
That's ridiculous... my buddy has a 05 STi with average mileage, practically stock (just a few bolt ons) and he was asking like 16k if I remember right.
Posted: Sat Jan 30, 2010 6:03 pm
by Panhead
Haganracing wrote:I would never buy a wrx. Im just very loyal to my car company.

Posted: Sat Jan 30, 2010 7:53 pm
by JeffM
Haganracing wrote:German engineering FTL!
I definitely would not pay that much for a car with 135K on it.
Those 3 Series in-line 6's are nice. I test drove a 325i before buying the Audi. Of course, not as fast as that Evo you were looking at, but beautiful nontheless. You probably already know what you'd be getting yourself into with 'German Engineering', and honestly, if you're not a retard the car will drive like a dream. Don't let anyone tell you differently.
Now, come to the Dark Side.

Posted: Sat Jan 30, 2010 8:17 pm
by fixitmattman
A car is never an investment.
Posted: Sat Jan 30, 2010 8:27 pm
by Haganracing
fixitmattman wrote:A car is never an investment.
Not a new car atleast.
Only old rare cars are investments.
Posted: Sat Jan 30, 2010 11:40 pm
by Jerome Adams
So what is the exact dig on "german engineering"? I know they can be expenisve but if they are properly maintained...and I would be looking at an older one with fewer bells and whistles.
I really like the looks of the 325 and 328. I can fit my whole family in it, not to mention RWD and a manual trans. And there are plenty of them around. Just need more HP.
I like the IS250 as well (300 and 350 aren't offered with a manual trans).
They both would need more HP for me to be happy and I am sure that I can't afford to Turbo either. That is why I was looking at the WRX. Plus I love they way they look and sound. The flat 4 scares me because it is unfamiliar but I didn't know shit about an I4 before I got the neon and I have slowly learned a little by tinkering with it.
As it stands there is nothing out there that makes me happy so I am just staying the course with the neon.
Wonder how much it would cost to make the neon AWD...LOL
Posted: Sat Jan 30, 2010 11:48 pm
by JeffM
Jerome Adams wrote:So what is the exact dig on "german engineering"? I know they can be expenisve but if they are properly maintained...
It can be expensive and quite confusing if you don't know what you're doing. There are times when you're doing work on a German car and just wondering why or how they thought some designs were beneficial.
I find it fun. If you can do it yourself, have a basic understanding on what you're doing, have patience, and a whole vocabulary of swear words, then 'German Engineering' really isn't that scary.
Posted: Sat Jan 30, 2010 11:49 pm
by Haganracing
I just say "german engineering" because of jeff's fwd audi.
Posted: Sat Jan 30, 2010 11:56 pm
by JeffM
Haganracing wrote:I just say "german engineering" because of jeff's fwd audi.
Yes, my fwd Audi that has a driveline.
Posted: Sun Jan 31, 2010 12:43 am
by Jerome Adams
well aren't germans usually drunk? That might explain some of it.
I will obviously have to do more research.
Posted: Sun Jan 31, 2010 1:05 am
by ragek23
actually i am quite fond of the wrxs one of my friends put an sti turbo in his and he now has 300whp. Its a very nice looking car and I have to admit the boxer engine sounds very nice. He just got 255/40/17s for it. I can't wait to see those monsters mounted.
Posted: Sun Jan 31, 2010 3:52 am
by Fuzzyneon
Jerome Adams wrote:well aren't germans usually drunk? That might explain some of it.
I will obviously have to do more research.
and the heats ALWAYS on in german cars
fuck im going to hell
Posted: Sun Jan 31, 2010 5:36 am
by Passt
Fuzzyneon wrote:Jerome Adams wrote:well aren't germans usually drunk? That might explain some of it.
I will obviously have to do more research.
and the heats ALWAYS on in german cars
fuck im going to hell
That's not funny dude. My grandpa died in the Holocaust...
He fell off a watch tower.
Posted: Sun Jan 31, 2010 7:50 am
by neonpla
^ ROFL!!!!
evo's are faster.. in pretty much every case.
Posted: Sun Jan 31, 2010 10:48 am
by JeffM
Fuzzyneon wrote:and the heats ALWAYS on in german cars
fuck im going to hell
Well, there are quite a lot of ash trays...

Posted: Sun Jan 31, 2010 2:21 pm
by TeckNeon
I hate to be "that guy" but a dealer friend in New Jersey sold a 2002 with 100K on the clock, silver, 5 spd., stock WRX for $6000 about a week ago.
They can be had for cheap(er) but it's really hard to find. I do freelance web work for a Subaru/Mazda dealer and yeah, in the snow belt Subaru cars keep their value like crazy and if you want a turbo car that is not a Forester, you will have to pay more for it. Get a Forester XT with 60-80K for $10-$12K all day long.
Re: Invest in a WRX
Posted: Sun Jan 31, 2010 2:55 pm
by JeffB#2
Jerome Adams wrote:apparently they never depreciate! They sold new for $24-25K and I have seen numerous 2006 and 2007 listed at $20-22K.
Investments should gain value. hopefully. Expecting it to go down a little is just slower depreciation.

Posted: Sun Jan 31, 2010 3:23 pm
by neonslg09
TeckNeon wrote:I hate to be "that guy" but a dealer friend in New Jersey sold a 2002 with 100K on the clock, silver, 5 spd., stock WRX for $6000 about a week ago.
That's because it's New Jersey. Flooded with cars of all sorts.
Posted: Sun Jan 31, 2010 3:33 pm
by Adionik
I don't see how I can see justification for beaten WRXs in here, which are extremely expensive to fix...yet everyone hates on "molested" SRT-4's, which are a billion times easier to work on and cost less to repair.
Posted: Sun Jan 31, 2010 4:21 pm
by neonslg09
I'm certainly not backing anybody up who wants to spend even 6k on a 100k WRX. Retarded.
Posted: Sun Jan 31, 2010 4:46 pm
by ZeroChad
I'm always undecided what my next car will be. WRX are cool, but I don't think I'd get one.
Re: Invest in a WRX
Posted: Sun Jan 31, 2010 8:37 pm
by Jerome Adams
JeffB#2 wrote:Jerome Adams wrote:apparently they never depreciate! They sold new for $24-25K and I have seen numerous 2006 and 2007 listed at $20-22K.
Investments should gain value. hopefully. Expecting it to go down a little is just slower depreciation.

Hell most cars depreciate more than that before the ink is even dry on the paperwork, never-the-less over 3 years.
Posted: Sun Jan 31, 2010 9:45 pm
by Mopar_Korean
That dealer must be smoking crack! 11 grand for an 04 with 135K? I mean the WRX is a nice car and all but it still has its roots as an econobox. Plus with that many miles on a turbo car you looking at stuff that needs to be replaced even as general upkeep. Even if it was taken care of (which I doubt with the cosmetic issues you stated). With a turbo you looking at higher engine bay temps which take a toll on anything rubber (vac hoses and such) and I wouldn't doubt if the turbo is gona need a rebuild before 150K.