my son wants to buy a subaru

my son wants to buy a subaru

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Discussion

Hemingway

610 posts

215 months

Sunday 29th January 2012
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NSFW

http://www.youtube.com/watch?v=uHbNuyubhz0&fea...

Edited by Hemingway on Sunday 29th January 18:44

mrmr96

13,736 posts

205 months

Sunday 29th January 2012
quotequote all
Hemingway said:
Great video, needs a "NSFW" tag though.

Hemingway

610 posts

215 months

Sunday 29th January 2012
quotequote all
mrmr96 said:
Great video, needs a "NSFW" tag though.
My bad...

NSFW tag now added thumbup

paulmoonraker

2,850 posts

164 months

Sunday 29th January 2012
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Hemingway said:
NSFW

http://www.youtube.com/watch?v=uHbNuyubhz0&fea...

Edited by Hemingway on Sunday 29th January 18:44
rofl

Any one want to buy a scooby?

rb5er

11,657 posts

173 months

Sunday 29th January 2012
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omgus said:
My Scooby cost me £10k in maintenance, services and a couple of mods over 4 years, plus £4k in insurance, and as a modified STI never bettered 30 mpg, averaged 20mpg over 30k miles and I once managed 6.5mpg over a tank.

My sums were very generous for a fast impreza that is used every day. They are superb cars, but they can have immense running costs.
In contrast my impreza has only cost me insurance (£2200) m.o.t's (£80) tax (£620) set of discs and pads (£250 fitted) rocker cover gasket (£60 fitted) 4 tyres (£340 fitted) and oil, fluids and filters (£400 fitted) and fuel at 25mpg in the last 30months.

Pretty much all standard maintenance stuff that would be required for any car.

Oh and i spent £200 getting the wheels refurbed as I'm fussy.

CaptainSlow

13,179 posts

213 months

Sunday 29th January 2012
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I think servicing and maintenance costs aren't too bad considering the performance of the car.

If he gets a bugeye for say £3k, he can change the oil and brake pads himself. The only pricy job is the cambelt/tensioners for about £400 fitted.

There's no point spending £7k on one imo. This will just increase insurance, servicing, depreciation and ved costs.

rb5er

11,657 posts

173 months

Monday 30th January 2012
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CaptainSlow said:
There's no point spending £7k on one imo. This will just increase insurance, servicing, depreciation and ved costs.
Depreciation yes but none of those other costs would necessarily increase.

Edited to add that actually many classic imprezas are actually pretty much depreciation free if kept in good order.

Edited by rb5er on Monday 30th January 11:13

WeirdNeville

5,966 posts

216 months

Monday 30th January 2012
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rb5er said:
CaptainSlow said:
There's no point spending £7k on one imo. This will just increase insurance, servicing, depreciation and ved costs.
Depreciation yes but none of those other costs would necessarily increase.
But we're talking about a 5 year loan - you've got to consider payments on a depreciating asset a 'cost', and a monthly one at that.

ScoobieWRX

4,863 posts

227 months

Monday 30th January 2012
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I think if you're going to dip your toe into the realm of Subaru for the first time perhaps do it by buying something within your cash in the bank capability and without any outside financial assistance. You may buy one and hate it. Then you're stuck with a car you don't want, are up to your ears in debt for something you regret ever buying, and are most definitely on the slippery road to 5h1t Street for the next 5yrs and very probably longer!!

As has been said....Get an older car, keep it for a year or so, save up during that time for something newer if you haven't caught the mod bug and if you still have a job at the end of it, then maybe go for it when you're financially more secure, if there's such a thing these days.

I don;t think there is anything wrong with getting a loan to buy a car, most of the worlds population do it, only under the right circumstances and for the right reasons.

However, experience and age tells me that if you want to keep your bird and make a life with her you'll walk away from this silly idea!!

There are a lot of people saying the same thing here. They are all Subaru owners, have experience, seen it, done it and got the beanie.

They can't all be wrong. smile

CaptainSlow

13,179 posts

213 months

Monday 30th January 2012
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rb5er said:
CaptainSlow said:
There's no point spending £7k on one imo. This will just increase insurance, servicing, depreciation and ved costs.
Depreciation yes but none of those other costs would necessarily increase.
Servicing - more likely to do your own spannering on an older car...newer car would need a service history to maintain value.

VED...£7k car likely to be post 2006 so cost goes up

Insurance...I don't know...would make sense that is costs more to insure a more expensive car.

bomb

3,692 posts

285 months

Monday 30th January 2012
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I hope the Original Poster lets us know which way the decision goes.

A photo of your sons new car would be welcome too.

We all sit and wait, with baited breath.....coffee

ScoobieWRX

4,863 posts

227 months

Monday 30th January 2012
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In this case i think the cost of running the car is immaterial. Equally it's a subject that's been done to death so many times on PH, and isn't the most important thing here.

Getting a loan over 5 years to pay for the purchase and insuring of a this car when you're not in the right circumstances is all that matters here. If he does this my guess is he will regret it, even if he loves the car.

A day will come when he sits down and works out how long he's got left to pay, how much he still owes, and how he's going to keep paying for it if he loses his job or when his GF starts badgering him to sell it so they can get their own roof to live under.

He needs to work out priorities which clearly he hasn't given any thought to, but then he's only a youngster and i don't remember making too many sensible decisions at his age, but then things were very different back then. It's a whole different world now.

rb5er

11,657 posts

173 months

Monday 30th January 2012
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WeirdNeville said:
rb5er said:
CaptainSlow said:
There's no point spending £7k on one imo. This will just increase insurance, servicing, depreciation and ved costs.
Depreciation yes but none of those other costs would necessarily increase.
But we're talking about a 5 year loan - you've got to consider payments on a depreciating asset a 'cost', and a monthly one at that.
I edited my previous post to add that many classic imprezas are pretty much depreciation proof. So we dont know if that is even an issue at all.

rb5er

11,657 posts

173 months

Monday 30th January 2012
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CaptainSlow said:
Servicing - more likely to do your own spannering on an older car...newer car would need a service history to maintain value.

VED...£7k car likely to be post 2006 so cost goes up

Insurance...I don't know...would make sense that is costs more to insure a more expensive car.
Servicing is the same cost on any turbocharged impreza.

Ved, not any different between a £2k 2000 turbo and a £7k type-r or p1.

Insurance differences are negligable.

We dont know what impreza he is considering.

pidsy

8,007 posts

158 months

Monday 30th January 2012
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Just to add my 2p's worth:

I have had my modded bug for almost a year, the ins costs compared to other sports cars i have owned are rediculous!

The "image" that imprezas have is completely unfair in my opinion, but will put your son in a high attention group from the police and chavs in corsas.

He is going to get bummed by his ins company (if he can even get a quote).

It will cripple him in fuel costs, rubber costs and the constant desire to up the power.

But, having said that, i love mine. Il be sad to see it go in a few months.

R300will

3,799 posts

152 months

Monday 30th January 2012
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doogz said:
R300will said:
It doesn't matter really you will need to do some very nunnish driving to get the subaru to touch 30mpg and like it not that does make it a bit expensive to run. Also if you can resist the temptation to give that turbocharged engine a rev then you are a better man than me.
Strange, how you say that, yet your GF's Audi, which is apparently more powerful does 37mpg?
Yes it appears to be a more economical engine.

bomb

3,692 posts

285 months

Sunday 5th February 2012
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So..............has he purchased the Scooby yet ??


bomb

3,692 posts

285 months

Wednesday 8th February 2012
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Maybe not. confused

ScoobieWRX

4,863 posts

227 months

Wednesday 8th February 2012
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Perhaps his son has seen sense. smile

Maybe his dad brought him here to have a look at everyone's comments just to make him realise what he wanted to undertake was not only financially ruinous but personally life destroying, and on a more organic level it was basically.....

.......FECKIN STUPID!!hehe

omgus

7,305 posts

176 months

Wednesday 8th February 2012
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Don't mince your words there Scooby, tell us what you think!

smile