Trade-in value for 08 STI?

nytejade · 06-10-2008, 10:18 AM

Kelly Blue Book doesn't list 2008 STI's yet. Any idea how much a 2008 STI (BBS+NAV) w/ ~2k miles would be worth on a trade-in?

deeksmooth · 06-10-2008, 10:19 AM

how dare you!

sorry, i have no valuable input - but HOW DARE YOU!?

JuggernautTCW · 06-10-2008, 10:22 AM

most likely you are looking at at least ~$6k off msrp... prob more.

upncummr · 06-10-2008, 10:26 AM

I don't have any hard data, but I would guess it'll be worth at least $5,000 less than you paid for it and maybe as much as $8,000 dollars less.

I've heard that a car loses 20% of its value the minute you drive it off the lot. So for a $40,000 car that's $8,000.

From a dealership's point of view they now have the unenviable task of trying to sell an '08 STi with 2,000 miles on it as opposed to another '08 STi with virtually no miles on it. The only way to do that with all other things being equal is with a lower price.

Gary

***///M Power*** · 06-10-2008, 10:28 AM

For an 07 in excellent condition with 2k is 27xxx.xx so I would imagine that it would be atleast 3-4k more than that taking into account the increase in msrp

deeksmooth · 06-10-2008, 10:43 AM

actually in so cal, i've had subaru dealers calling me about my 07 asking if i still have it - and offering my asking price (which was $29950), or more. they say that they're in high demaind, especially the SWP, and mine only had 8700 miles on it when i listed it for sale.

i'm happy i sold it how i did though, the new owner is a good guy and at least now i know where it went (to a good home) instead of to a dealer where it has the potential to be picked up by some whiney kid with dad's money.

i know this isn't very helpful for you attempting to get a value on an 08 trade-in, but yeah... info none-the less... and a free bump!

cain · 06-10-2008, 11:03 AM

If you are serious take it to carmax and get it appraised for free. They will offer you more then a dealership but less then if you were to sell it on your own. Once they appraise it you do not have to sell it to them.

07STILtdGO · 06-10-2008, 11:07 AM

Quote:

Originally Posted by nytejade

Kelly Blue Book doesn't list 2008 STI's yet. Any idea how much a 2008 STI (BBS+NAV) w/ ~2k miles would be worth on a trade-in?

Why are you asking?

Also, about the 07's value... every time I drive my car onto a Subaru lot the owner/gm/sales manager is licking his chops wanting me to trade in.

***solovus*** · 06-10-2008, 11:10 AM

Quote:

Originally Posted by cain

If you are serious take it to carmax and get it appraised for free. They will offer you more then a dealership but less then if you were to sell it on your own. Once they appraise it you do not have to sell it to them.

WHAT?! Carmax is the biggest ripoff in the history of car dealers. I couldn't disagree with this more...a Subaru dealer will definitely give you more than carmax.

***solovus*** · 06-10-2008, 11:11 AM

Quote:

Originally Posted by 07STILtdGO

Why are you asking?

Also, about the 07's value... every time I drive my car onto a Subaru lot the owner/gm/sales manager is licking his chops wanting me to trade in.

Of course they want you to trade it in...that is the business they are in.

mofoSTI · 06-10-2008, 11:14 AM

I would take 32 for mine

File0711 · 06-10-2008, 11:15 AM

Check your local CarMax page. There was a black STi with BBS with 6,000 miles goping for $32,000. Saw it for one day, then it was gone.

nytejade · 06-10-2008, 11:15 AM

Thanks for the input guys. There are no Carmax's around here. Everyone's speculation is about equal to mine.

My job is ~45 miles away from where I live. When gas is $6/gal, I'll have a hard time justifying not trading in the STI to buy a hybrid. I'm still not sure if I want to trade it in. At this point, I'm collecting information.

***solovus*** · 06-10-2008, 11:16 AM

Quote:

Originally Posted by File0711

Check your local CarMax page. There was a black STi with BBS with 6,000 miles goping for $32,000. Saw it for one day, then it was gone.

Exactly...if they are selling it for $32k....how much do you think they paid for it?

mattjk · 06-10-2008, 11:25 AM

I posted this on another forum about saving gas.

my sti sits in the garage while I take a $1000 1988 toyota celica to work.

I drive 46 miles a day and put in $25 a week.

I keep it under 65mph and draft SUV's and semi's when ever I can.

I calculate I'm getting over 40mpg.

Driving to compton everyday for work is not fun, even with the sti. I'd rather be doing it with a $1000 beater and not worry about rock chips, dings, getting rev'd on my civics, etc. Actually, with the sti, I get rev'd on by 335i's. lol

06-10-2008, 10:18 AM	#1
nytejade Silver Member Car: AW 08 STI Location: Massachusetts Posts: 232 Join Date: May 2008 Trader Rating: (0)	Trade-in value for 08 STI? Kelly Blue Book doesn't list 2008 STI's yet. Any idea how much a 2008 STI (BBS+NAV) w/ ~2k miles would be worth on a trade-in? This ad is not endorsed by this member. Please register or login to hide this ad.

06-10-2008, 10:19 AM	#2
deeksmooth STI Driver Car: 08 STi AW + BBS Fav Mod: Owning it... Location: So Cal (Hell) Posts: 240 Join Date: Feb 2007 Trader Rating: (0)	Re: Trade-in value for 08 STI? how dare you! sorry, i have no valuable input - but HOW DARE YOU!?

06-10-2008, 10:22 AM	#3
JuggernautTCW Senior STI Driver Car: Silver 05 WRX Sedan Fav Mod: Stage 2 Location: Newton, MA Posts: 358 Join Date: Dec 2007 Trader Rating: (0)	Re: Trade-in value for 08 STI? most likely you are looking at at least ~$6k off msrp... prob more.

06-10-2008, 10:26 AM	#4
upncummr Spec C Club Car: '05 CGM Fav Mod: HPDEs Location: Omaha, Nebraska Posts: 1,132 Join Date: May 2006 Trader Rating: (3)	Re: Trade-in value for 08 STI? I don't have any hard data, but I would guess it'll be worth at least $5,000 less than you paid for it and maybe as much as $8,000 dollars less. I've heard that a car loses 20% of its value the minute you drive it off the lot. So for a $40,000 car that's $8,000. From a dealership's point of view they now have the unenviable task of trying to sell an '08 STi with 2,000 miles on it as opposed to another '08 STi with virtually no miles on it. The only way to do that with all other things being equal is with a lower price. Gary

06-10-2008, 10:28 AM	#5
*///M Power* Mod Pro Tempore for Premium Members Car: 06 WRB STI Fav Mod: 22k complete reconstruction Location: Cary, NC Posts: 1,534 Join Date: Mar 2006 Trader Rating: (1)	Re: Trade-in value for 08 STI? For an 07 in excellent condition with 2k is 27xxx.xx so I would imagine that it would be atleast 3-4k more than that taking into account the increase in msrp

06-10-2008, 10:43 AM	#6
deeksmooth STI Driver Car: 08 STi AW + BBS Fav Mod: Owning it... Location: So Cal (Hell) Posts: 240 Join Date: Feb 2007 Trader Rating: (0)	Re: Trade-in value for 08 STI? actually in so cal, i've had subaru dealers calling me about my 07 asking if i still have it - and offering my asking price (which was $29950), or more. they say that they're in high demaind, especially the SWP, and mine only had 8700 miles on it when i listed it for sale. i'm happy i sold it how i did though, the new owner is a good guy and at least now i know where it went (to a good home) instead of to a dealer where it has the potential to be picked up by some whiney kid with dad's money. i know this isn't very helpful for you attempting to get a value on an 08 trade-in, but yeah... info none-the less... and a free bump!

06-10-2008, 11:03 AM	#7
cain Lurker Car: Jet Black 08 328i Fav Mod: Coming Soon Posts: 2 Join Date: Jun 2008 Trader Rating: (0)	Re: Trade-in value for 08 STI? If you are serious take it to carmax and get it appraised for free. They will offer you more then a dealership but less then if you were to sell it on your own. Once they appraise it you do not have to sell it to them.

06-10-2008, 11:14 AM	#11
mofoSTI Spec C Club Car: 08 STI,sr20det 510 Fav Mod: boob job for wife Location: springtuckey, OR Posts: 2,376 Join Date: Sep 2004 Trader Rating: (0)	Re: Trade-in value for 08 STI? I would take 32 for mine

06-10-2008, 11:15 AM	#12
File0711 Amateur STI Driver Car: Blue 08 WRX STi Fav Mod: Harmon TB & AEM CAI Location: Chicagoland Posts: 25 Join Date: Apr 2008 Trader Rating: (0)	Re: Trade-in value for 08 STI? Check your local CarMax page. There was a black STi with BBS with 6,000 miles goping for $32,000. Saw it for one day, then it was gone.

06-10-2008, 11:15 AM	#13
nytejade Silver Member Car: AW 08 STI Location: Massachusetts Posts: 232 Join Date: May 2008 Trader Rating: (0)	Re: Trade-in value for 08 STI? Thanks for the input guys. There are no Carmax's around here. Everyone's speculation is about equal to mine. My job is ~45 miles away from where I live. When gas is $6/gal, I'll have a hard time justifying not trading in the STI to buy a hybrid. I'm still not sure if I want to trade it in. At this point, I'm collecting information. Last edited by nytejade : 06-10-2008 at 11:20 AM.

06-10-2008, 11:25 AM	#15
mattjk Banned Car: 2008 wrx sti wrb Fav Mod: brown chicken brown cow Posts: 530 Join Date: Mar 2008 Trader Rating: (0)	Re: Trade-in value for 08 STI? I posted this on another forum about saving gas. my sti sits in the garage while I take a $1000 1988 toyota celica to work. I drive 46 miles a day and put in $25 a week. I keep it under 65mph and draft SUV's and semi's when ever I can. I calculate I'm getting over 40mpg. Driving to compton everyday for work is not fun, even with the sti. I'd rather be doing it with a $1000 beater and not worry about rock chips, dings, getting rev'd on my civics, etc. Actually, with the sti, I get rev'd on by 335i's. lol This ad is not endorsed by this member. Please register or login to hide this ad.