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Old 05-31-2013, 06:52 AM   #26
ridestreet84
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Member#: 132030
Join Date: Nov 2006
Chapter/Region: AKIC
Location: elmendorf afb ak
Vehicle:
2007 obp STI
95 impreza (rally beater)

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my Sti is sitting at just shy of 27K, i think its at 26.6K and its a 07, so my average is 4.5K a year, good lord i need to drive that car more. motor has something close to 6k on it
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Old 05-31-2013, 12:35 PM   #27
chanomatik
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Location: East Anchorage (yuck!)
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Quote:
Originally Posted by EvoChArGeR View Post
118K is high! The national average is 12k and 10k for alaska. Averaging 17k a year is a lot of driving especially in AK.

I'd say 15k or less due all the dam miles.
Man I'm killin' it with mine then! 36.5k miles in 26 months with the 2011 WRX and now 21k with the BRZ in 8 months.

Quote:
Originally Posted by Wes_FSTGDB View Post
Yeah, miles are high. My 2005 STI only has 43,000 miles and 15,000 on the motor. The 2008 BMW only has about 44,000 on her.

High miles on a used car like that scare me. It's beautiful, but the mileage would turn me away unfortunately.

When I price out used vehicles I use 12,000 miles, even though by book value you can take 14,000 annually
You deploy, though, so that's not really a fair assessment in my mind. I mean, your current STI is used, so there's that.

I've noticed a lot of guys in the Lower 48 just don't cruise that often or go very far (compared to guys I know up here that cruise several times each week or just every single weekend). They have spurts of fun with their rides. There's just so much more to do down there year-round besides cruise (for guys like me that aren't all about exploring the great outdoors) that they can keep busy without putting "cruising" on the top of their list. Most significant stores are nearby, too. Then there's the high cost of living where most of them have to work hard to maintain, so they really don't have excessive energy or time to put miles on their cars. They make money, maintain, and when there's some excess or a sacrifice can be made then they mod, but they don't stray very far for most endeavors.

That's just my over observation, though. There are tons of exceptions. It still boggles me about that silver bugeye wagon on Craigslist that only has 18k miles!
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Old 05-31-2013, 12:42 PM   #28
EvolvedAK
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It's definitely very very low miles no doubt about it. Rare to find here in AK.

But man you're killing it with that 21k LOL
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Old 05-31-2013, 12:50 PM   #29
chanomatik
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Gotta drive!
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Old 07-19-2013, 08:15 PM   #30
bjcarter2
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Found out why Don was selling his car. He's driving an Evo 10 now. I saw him heading onto JBER at Muldoon.
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Old 07-19-2013, 11:23 PM   #31
Aguirrivong
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Location: Anchorage/Eagle River
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Saw it listed on craigslist for 21k from a dealership. Somebody should've picked it up for 16.5k when they had the chance lol
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Old 07-20-2013, 12:00 AM   #32
insane_one
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A friend of mine bought it. Not sure how much though
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Old 07-20-2013, 08:40 PM   #33
907bob
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Quote:
Originally Posted by Big-Sexy907 View Post

Cash always brings the sale price down lol
I do not understand the logic behind this statement
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Old 07-20-2013, 09:05 PM   #34
EvolvedAK
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Quote:
Originally Posted by 907bob View Post
I do not understand the logic behind this statement
It's just an old statement still used.

Better would be cash up front/already pre-approved.

No bull****. No hassle. Person is ready to buy right then and there.
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Old 07-20-2013, 10:00 PM   #35
907bob
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I understand that, but having cash or being pre approved doesn't make something worth less
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Old 07-20-2013, 10:44 PM   #36
EvolvedAK
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Quote:
Originally Posted by 907bob View Post
I understand that, but having cash or being pre approved doesn't make something worth less
No but it leaves the buyer in a more powerful position over the transaction. Time is money for everyone. When you're selling a hot ticket item, you become bombarded with phone calls, emails and requests for test drives. All these prospective buyers full of crap and really no intentions of buying unless for dirt cheap.

When you have someone pre-approved or with a check to buy on the spot, the seller will usually consider even a slight adjustment on their price. Why go thru additional weeks of idiots that just talk big, banging or breathing over your car? Wasting gas and time. It's money wasted for the seller.

A buyer always has the upper hand to push for at least a couple hundred bucks lower on a multi thousand purchase. Hence his statement cash in hand always drops the price.

As a seller you place yourself in a better position by pricing slightly higher than what you want. That way you have room for these expected negotiations. Though sometimes a price has to be firm because they're upside down on a loan vs value. Or because it's priced to sell fast as is and for the most part lower than typically valued.

If you're a buyer and you can't ever walk from a completed high ticket sale with a lower price or at least something extra to make it worth your wild. Well then you're a terrible buyer.

Last edited by EvolvedAK; 07-20-2013 at 10:55 PM.
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Old 07-21-2013, 09:57 PM   #37
J-Tuned
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^True but some people still don't wanna bargain because they believe mods add value to their car, lol.
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Old 07-21-2013, 10:41 PM   #38
bjcarter2
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Quote:
Originally Posted by J-Tuned View Post
^True but some people still don't wanna bargain because they believe mods add value to their car, lol.
You always found out how non-valued those mods are when you tell the potential buyer you'll remove them and return the car to stock -- for the same price.
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Old 07-21-2013, 10:52 PM   #39
EvolvedAK
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Quote:
Originally Posted by bjcarter2 View Post

You always found out how non-valued those mods are when you tell the potential buyer you'll remove them and return the car to stock -- for the same price.
Thing that always bugged me is when people look to de-mod their vehicle, they're looking to spend as little as possible so they can make a larger return. The end result is a poor running car, bound to run into further issues, discovering the cut corners made to get it on the road.

I would rather buy a professional put together car than a ripped apart one. Or obviously one never touched to begin with.

The only time I see a car gaining over base value with mods is for a very extensive build. Even then the owner shouldn't expect more than 30-40% (at best) of what they paid on that build.
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