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Old 08-18-2003, 07:41 PM   #1
filbert
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Default share STi with my dad?

I'm planning to buy a 2005 STi next summer, but when I visited home this past weekend, my dad gave me this proposition: he will help me with purchasing the STi this fall if he gets to drive it as his AWD winter car.
He'll give me ~$5k to add to my $10k for the downpayment
He gets to drive the car through the fall and winter and break it in, I get it in the spring.

My main concerns are this: I'm not sure if he'll put it in the garage or not b/c the garage is already full of more expensive cars... and I'm sure he'll break the car in ok, but it'd just feel more comfortable doing it myself...

What do you think? Is it worth it to be able to get the car earlier (spring, already broken in vs. summer brand new) or should I just keep saving up on my own so I can buy it for myself?
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Old 08-18-2003, 07:43 PM   #2
SubEd
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Who knows? Your call.
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Old 08-18-2003, 07:50 PM   #3
Mr. Grinch
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Who knows? Is it worth 5K to let someone drive your car for that time? How much would the car depreciate in those months anyways? If it's about equal to the depreciation, then it might make sense. If it's less than the depreciation, it doesn't make much sense. You're basically buying a used vehicle for more than if you bought it from someone else.

Other things to consider... can you save up 5k by spring yourself? Do you get enough snow where you live to require snow tires? Who will buy the tires? What if the vehicle is in an accident, and what will happen to the car at that point? Do you want an 04, or do you want to see what will be new or fixed in 2005 model year?

Best of luck.
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Old 08-18-2003, 07:52 PM   #4
ChrisWRB
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So your dad is going to put in less money than you but he gets it first?
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Old 08-18-2003, 08:03 PM   #5
blinguskahn
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I'd tell him to eat $|-|17.
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Old 08-18-2003, 08:21 PM   #6
CreoWRX
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Make him buy you a set of winter wheels/tires since he'll need them. But seriously, it's up to you when/how bad you want the car. If you have a decent job and can be patient, you could probably save up even more money to put down in the future. Plus, there might be some nice updates for the 2005 MY.

Still, I'm happy I got mine...



-Mike-
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Old 08-18-2003, 08:40 PM   #7
Rob Watson
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Default Your Fog Lights

Mike,

Couldn't help noticing your nice sliver STi. I got a black pearl one about a month ago.

When I asked the dealer about fog lights they only had units like yours, except with tiny foglihts, way smaller than yours. The tiny ones looked stupid to me.

I like yours. Did you buy it that way? Where did you get them? How much $$?

Thanks,

Rob
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Old 08-18-2003, 09:06 PM   #8
CreoWRX
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Old 08-18-2003, 09:42 PM   #9
Jon [in CT]
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I predict your dad will declare that winter in Chicago extends from Nov ! to April 30. Make sure your/his STi gets some winter shoes. The stock tires are definitely unsuitable for for winter in Chicago.
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Old 08-18-2003, 09:51 PM   #10
happasaiyan
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Quote:
Originally posted by Jon [in CT]
I predict your dad will declare that winter in Chicago extends from Nov ! to April 30. Make sure your/his STi gets some winter shoes. The stock tires are definitely unsuitable for for winter in Chicago.
well...winters DO extend from nov 1 to april 30...

...if youre LUCKY!!! . you think im kidding...
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Old 08-18-2003, 10:02 PM   #11
Red Rocket
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Default Re: share STi with my dad?

Quote:
Originally posted by filbert
My main concerns are this: I'm not sure if he'll put it in the garage or not b/c the garage is already full of more expensive cars... and I'm sure he'll break the car in ok, but it'd just feel more comfortable doing it myself...

What do you think? Is it worth it to be able to get the car earlier (spring, already broken in vs. summer brand new) or should I just keep saving up on my own so I can buy it for myself?
Winter is rather hard on Subaru paint. It will look like sombody took a sandbaster to the front of the car if you drive it enough in bad conditions......ouch.

Kevin
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Old 08-18-2003, 10:21 PM   #12
MikeWRX-NJ
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let's see $5k is 1/6th the price of the car. and he wants it for 1/2 a year.

BOOO!!!


do some man whorin and keep the car for yourself.
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Old 08-19-2003, 02:34 AM   #13
pleasenoSTIckershock
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Since you said there are better more expensive cars in the garage, I'd go for that deal if during the time he gets the STi you get one of the other vehicles to use.

That is..... if they are truly worthy?
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Old 08-19-2003, 08:59 AM   #14
filbert
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Default

Quote:
Originally posted by pleasenoSTIckershock
Since you said there are better more expensive cars in the garage, I'd go for that deal if during the time he gets the STi you get one of the other vehicles to use.

That is..... if they are truly worthy?
Heh, well, my dad is in St. Louis and I'm in Chicago so he won't have quite as harsh winter conditions as me, although they do get a lot more sleet and freezing rain and black ice. He said he didn't really want to buy snow tires b/c the streets usually aren't too bad and he doesn't drive until they're clean anyway, he just wants the AWD "just in case."

But since he's in St. Louis, that means i don't get to drive his cars (E55, SLK55, Z06)... I only have my accord for the winter... maybe i'll just save up on my own and tell him to get a Cayanne instead...
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Old 08-19-2003, 10:03 AM   #15
jacobsen1_
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Default

I would call dibs on the first 1,000 miles, and then mandate that he must buy snow tires.... you said yourself that he gets black ice, and on trip onto that with the stock STi tires will mean no more STi..... but it's your Dad, so I would definately go for that deal. Also who makes the payments while he drives it? If he does, or that comes out of the $5,000 then I would do it, but if you are making payments for a car you don't drive that would stink....

But look at it this way... you save $5,000 on a "used" STi, but you know the guy who used it and can trust him. Good Luck finding a used STi on the lot next summer for $26,000!

Just make sure he puts snows on it.... No way would I let him have it any other way, unless he was in florida.... He might get caught somewhere and have to drive home where waiting isn't an option.... not worht the risk to me.... Also he should have to pay the insurance for it too while he has it....

Good Luck!
Ben
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Old 08-19-2003, 10:08 AM   #16
mindchatter
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her & Hell for company

Default

My thoughts on this seem to run contrary to what I've read, but nonetheless here it is. I've had my STi for a month, and really, really love it. To me, 5k (or even 10k) wouldn't be worth the worrying that would go along with someone else driving my car for 4-5 months a year. Just my .02
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Old 08-19-2003, 02:26 PM   #17
awilson529
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Default Re: share STi with my dad?

Quote:
Originally posted by filbert
I'm planning to buy a 2005 STi next summer, but when I visited home this past weekend, my dad gave me this proposition: he will help me with purchasing the STi this fall if he gets to drive it as his AWD winter car.
He'll give me ~$5k to add to my $10k for the downpayment
He gets to drive the car through the fall and winter and break it in, I get it in the spring.

My main concerns are this: I'm not sure if he'll put it in the garage or not b/c the garage is already full of more expensive cars... and I'm sure he'll break the car in ok, but it'd just feel more comfortable doing it myself...

What do you think? Is it worth it to be able to get the car earlier (spring, already broken in vs. summer brand new) or should I just keep saving up on my own so I can buy it for myself?
Winter car?? In Chicago?? Not an STi my friend.
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Old 08-19-2003, 05:44 PM   #18
RafalW
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Default Re: Re: share STi with my dad?

Quote:
Originally posted by awilson529
Winter car?? In Chicago?? Not an STi my friend.
My GSX and WRX were great winter cars here. Why STi would be worse?
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Old 08-19-2003, 05:54 PM   #19
kb3drfsti
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Do not do it!!! Never lend money or sti to family members,you will never get it back.plus alot of fighting will occur.Save money and you will enjoy it even more,plus something mite come up to help you out,Maybe you can get a screaming deal on a
used one,I am already thinking about selling mine with 500,600 miles on it,people die and cars become available.Matt
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Old 08-19-2003, 07:00 PM   #20
Hummer
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Hell no!

Does he want to share your girlfriend too?
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Old 08-19-2003, 07:07 PM   #21
Nivek-CA
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You are essentially leasing the car to someone for $5K, but you need to define from what dates to what dates.

Is he going to pay the insurance during that time? Probably not!

Will he be limited to a certain amount of mileage? 6000 or less; maybe. Perhaps you should negotiate a mileage charge if he exceeds a certain amount because the car is fun as hell to drive.

Will he also be paying a portion of the sales and licensing taxes? probably not.

You will be paying a new car price but never getting to drive a new car. You will receive a car that probably will need new tires (they can last more than 6K miles but not much more from what I hear), the brakes will be used, the car will not feel as new. Who knows you may not get the benefit of that new car smell, which we pay so dearly for.

On the other hand, he will likely get tired of driving the car without a stereo and may pay for that and a set of speakers, which could at some point become yours if he does not want to pay to remove them.

Will he wash and wax and care for the car as you would? Not likely. Will he wash it soon after it rains to get all that dirt and debris off the paint? Will he cover it, garage it, etc? Will he drink his coffee and eat his pastries in it on the way to work?

I am just throwing these options out there for you to consider. Do not let the enthusiasm of buying a new car that is awesome over power your objectivity. You should approach it like a business transaction for an asset that depreciates.
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Old 08-19-2003, 07:20 PM   #22
happasaiyan
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h e double hockey sticks NO!
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Old 08-19-2003, 08:47 PM   #23
CreoWRX
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Quote:
Originally posted by filbert

He said he didn't really want to buy snow tires b/c the streets usually aren't too bad and he doesn't drive until they're clean anyway, he just wants the AWD "just in case."
Just remember that 2 x 0 = 0, and 4 x 0 = 0. AWD or not, if the tires aren't up for winter use (and those on the STi aren't), you won't be a happy camper when he calls and says that your car slid into curb. You also have to factor in the operating temperature of the tire. The rubber compound of the RE070s probably gets pretty hard in cold winter weather...

-Mike-
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Old 08-20-2003, 04:49 PM   #24
awilson529
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Default Re: Re: Re: share STi with my dad?

Quote:
Originally posted by RafalW

My GSX and WRX were great winter cars here. Why STi would be worse?
RafalW: I'm sure your GSX and WRX were awesome winter cars... But think for just a second about how different and STi is than a "regular" WRX.

1. The STi sits lower... So the first snow bank you hit are a for sure "good bye" to those little lips in the front (and believe me... Those things arent on there very tight).

2. The tires are only summer tires. I'm not sure that the aftermarket makes a winter tire in 17" (forgive me if they do... I live in Houston, Tx. and have never had to look into it).

3. And especially what Red Rocket said. But that covers all Subarus

All in all, it is up to you... There have been some pretty good ideas and opinions thrown around in here. It's up to you really.

If its the only way I could get an STi, I would absolutely do it in a heartbeat.
If that wasnt the only way I could get it, I probably wouldnt do it.

Just my .02,
Adam
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Old 08-21-2003, 12:14 AM   #25
Mr. Grinch
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Default Re: Re: Re: Re: share STi with my dad?

1. There's lots of people who drive their M3 in the winter... STi certainly isn't lower than that. If any car in this performance class can handle winter, you've got to count the STi as one of the best suited.

2. You can already get both winter tires and ASA wheels that fit from www.tirerack.com, for a total of about $1200 USD plus shipping.

3. All the new cars with painted with water based solvents have the same issues with paint chips. That's why you install paint protection film. If you think you're immune to paint chips during summer think again.

If it were my choice, I wouldn't do it. If I can't come up with the extra $5000, even if it means saving another year, then I can't afford the car, which means being in a bad situation if your finances change for any reason. For example I wanted to help my two closest family out and having the M3 didn't leave a lot left over for me to help them financially as much as I wanted to, so I eventually sold it.

The other thing is that after buying a car so early in the model lifespan, I learned a few things the hard way. Reliability / Production issues, i.e. e46 M3 engine issues, and features, namely SMG II, which was made available less than 2 months after I got my car.

Now certainly you can get caught up in the waiting game, there is always a new feature or next neat thing or style to have. Arguably, the best, most featured, and most reliable version of any model run is the last year. You can see this time and time again if you pick up a Lemon Aid guide. But, the last year of a model run is usually just a year or two away from the next version, which is "better" still.

But on the other hand, if you don't have the money to buy the car outright, and not owe anyone anything afterwards except maybe gas, tires, insurance, and tickets, then there's no harm in waiting a little longer, provided you already have reliable transportation.

I know for many people, myself included, taking the STi out in the winter isn't exactly the first choice. Heck, summer or winter, who doesn't flip when you get that first parking lot ding? But even if you don't worry about the small stuff, you always wonder about that other idiot in the SUV going full bore who learns SUVs are great at going fast in snow / ice but not so great at stopping.

At any rate, I'm sure the guys who do put snow tires on are going to have a lot of fun this winter.
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