2009 wrx trade in - Subaru WRX Forum
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#1 Old 03-09-2011, 07:48 AM
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2009 wrx trade in

How much do you guys think is a fair amount I should get for my base 2009 wrx. I'm trading it in to get a new 2011 Wrx. The car has 22500 miles, no damage to interior or exterior( my 1st nice car so its been babied), bone stock, but they will have to put new tires on it. The number they gave me was 17k which is well below kbb and NADA. I was thinking between 19-20k. Also, does anyone know if dealers are still going down to invoice price? Thanks in advance
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#2 Old 03-09-2011, 08:05 AM
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FYI kbb has excellent price as 21,025, good at 19,875, and fair at 17,825.
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#3 Old 03-09-2011, 09:15 AM
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A dealer isn't going to give you the kbb price because it cuts into their margins. What they offered seems pretty reasonable.
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#4 Old 03-09-2011, 10:21 AM
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Yeah 17k sounds about right.

Honestly it'd be worth it to try and sell. When I bought my wrx I had a 98 grand cherokee and the dealer offered like 1,200 for it, put it up on the local classifies and sold it in two weeks for $3,200. The guy even met me at the dealer so I sold my jeep for cash at the dealer, gave the dealer the money as part of my down payment, drove away in my WRX. Worked out perfectly.

What you could do is get the 11, and then sell the 09, pay off that loan with the sale money and throw the rest (if you're not upside down in it) to pay down the loan on the 11. You would have two loans for a while but the WRX should sell relatively quickly. It just depends if the extra few thousand is worth it to you or not. In all reality you'll have one, maybe two months of two car payments, but the more you pay down on the 09 the more you'll have to throw into the 11 once it sells. Don't know if that makes sense but it's a thought.

Or just sell the 09 and wait to get the 11 till that sells.

-Chris
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#5 Old 03-09-2011, 10:21 AM
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Yeah 17k sounds about right.

Honestly it'd be worth it to try and sell. When I bought my wrx I had a 98 grand cherokee and the dealer offered like 1,200 for it, put it up on the local classifies and sold it in two weeks for $3,200. The guy even met me at the dealer so I sold my jeep for cash at the dealer, gave the dealer the money as part of my down payment, drove away in my WRX. Worked out perfectly.

What you could do is get the 11, and then sell the 09, pay off that loan with the sale money and throw the rest (if you're not upside down in it) to pay down the loan on the 11. You would have two loans for a while but the WRX should sell relatively quickly. It just depends if the extra few thousand is worth it to you or not. In all reality you'll have one, maybe two months of two car payments, but the more you pay down on the 09 the more you'll have to throw into the 11 once it sells. Don't know if that makes sense but it's a thought.

Or just sell the 09 and wait to get the 11 till that sells.

-Chris
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#6 Old 03-09-2011, 11:02 AM
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If they don't offer me anymore I might just try to private sell it. The only reason I want to trade it in is because I don't owe that much on my current loan. If I can get around 19k or 20k I would pay off my loan, use the difference for a down payment, and have a new car with a lower monthly payment!


That's sweet that the guy met you at the dealer! haha
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#7 Old 03-09-2011, 04:00 PM
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Sounds like what you want to do is re-finance your car, not trade it in. Any time you spend money in a Subaru dealer, you're getting ripped off. Once you have to live with but what you're talking about is going to cost you a lot of money for little gain. If you want to lower your monthly payment, talk to a bank. They can pay off the subaru loan and give you a new one. A 09 car you should have no problem getting a 4 year loan in the neighborhood of 5% interest if your credit is decent. If you had, say, 10K left (sounds like it may be even less than that?), that would put your payments at $230. Basically, $23 a month for ever $1K financed.

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#8 Old 03-09-2011, 05:01 PM
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That's what I did. I only qualified for the recent graduate rate when I bought my car, 7.99%.

Refinanced about 18 months later at Chase (same loan company as original) and got 3.25%, dropped my payment by 60 bucks, but I'm still paying the same to get it done early. Plus they were having a special so no fees, and a $75 credit to the account.

-Chris
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#9 Old 03-10-2011, 05:02 PM
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Dealers go off black book. It's auction price. The way they see it, why pay u 19-20k when they can pay 17k online for a auction for same color, miles etc.

Your not just getting 17k though!! Your getting 18,190 actually.

If u just buy a car u pay tax on the car. A 2011 WRX is 25k so 7% tax is $1750.

If there giving you 17k then you need to subtract trade off the car. 25-17 is 8k. 8k at 7% is only $560!

So you see your saving $1190 off tax trading in a car. So there really giving you $18,190.

Unless you sell your car out right for $18,190 the dealer is the better deal.

Scott-2011 WRX 335HP 394TQ 93 VF52!
http://www.wrxtuners.com/forums/f121/2011-wrx-build-31226/
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#10 Old 03-10-2011, 05:51 PM
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You're

You're

You're

They're

They're

They're




Just busting your balls

-Chris
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#11 Old 03-10-2011, 05:55 PM
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iphone in the car, i know

Scott-2011 WRX 335HP 394TQ 93 VF52!
http://www.wrxtuners.com/forums/f121/2011-wrx-build-31226/
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#12 Old 03-10-2011, 08:44 PM
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Synolimit is correct though. The guy that sold me my STI showed me the program he looked up the price with. He was extremely forward with where he was getting his prices from. That way I would never feel cheated. It was a program from Manheim auto auction, which is a major auction place in the east coast, and its only about 45 mins+/- from York.

Kirt
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"When in doubt...flat out" - Colin McRae
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#13 Old 03-10-2011, 09:36 PM
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I do have to add the Govt only allows tax savings on used for new. It doesn't work used for used and it's not a dealer thing its a US car law. No one really knows it because salesman like to throw it in right before you walk out the door.

Scott-2011 WRX 335HP 394TQ 93 VF52!
http://www.wrxtuners.com/forums/f121/2011-wrx-build-31226/
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#14 Old 03-10-2011, 09:59 PM
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i do have to add this too. OP from the sound of it you have a nice car! even if you got 20k the best you can do is about 23k for the 2011, plus doc, destination, tax, plates etc. do you really think spending $3500+ for a body kit is worth it?

Scott-2011 WRX 335HP 394TQ 93 VF52!
http://www.wrxtuners.com/forums/f121/2011-wrx-build-31226/
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#15 Old 03-10-2011, 10:38 PM
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Hey now don't forget the 17x8's and 235's.

Oh wait I just did that for $800.

-Chris
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