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Old 01-17-2006, 01:10 AM   #1
razy
Scooby Specialist
 
Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default FS: 05 white WRX (take over lease) + part out prices

decided to sell my car for sure this time
have all stock parts, service records (2 services so far), receits for aftermarket parts

the car has 13000kms, aspen white, fully loaded, sunroof, 6 disc cd changer, manual transmission, got it in may last year, payed 8 months of $580/month

im asking someone to take over lease and i'll be selling all parts separately
i have 40 months left of the lease, and my buyout at the end of the lease is $17033.80

part outs:
-Pivot Babytimer Turbo Timer $150
-HKS SSQV BOV with flange $300
-helix non-catted downpipe (just installed yesterday) $450
-Espelir 500JGT full catback exhaust $500
-Apex'i short ram power intake $200
-HKS RS short ram intake (brand new still sealed) $300
-Tein S-Tech lowering springs $300
-JDM cleared headlights (will trade for stock headlights + $50)
-6500K HIDs $400
-18" bronze rsl elites rims with tires (90% tread left) $1600
-chargespeed front lip (brand new never installed but opened to test fit) $200
-chargespeed sideskirts (brand new never installed still in wrap) $200
-chargespeed rear lip (brand new never installed still in wrap) $200
-OEM STi hood scoop (keeping)
-OEM STi front grill (keeping)
-OEM STi front side splitters (a little scratched) $150
-OEM STi fog light covers $50
-OEM STi spoiler (will trade for white trunk with wrx spoiler + $150) $300
-TIR voltage stabilizer $100
-T1R B-MaxII Titanium Shiftknob $80

the parts won't come off until someone has decided to buy my car for sure
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Last edited by razy; 01-17-2006 at 11:39 AM.
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Old 01-17-2006, 01:12 AM   #2
razy
Scooby Specialist
 
Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default




picture of the rims
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Old 01-17-2006, 01:57 AM   #3
Fleek04
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Member#: 56738
Join Date: Mar 2004
Chapter/Region: VIC
Location: Coquitlam
Vehicle:
2014 Scion FRS
Asphalt

Default

Dibs on trunk.
And fog light cover.
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Old 01-17-2006, 02:32 AM   #4
andys
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Member#: 53455
Join Date: Jan 2004
Location: vancouver
Vehicle:
2004 Forester XTI-RR
dark

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dude, what cha smokin? What are you offering? Where's the value for the takeroverer? You'll be lucky to get a lease take over WITHOUT offering a cash insentive never mind asking for 2K? And if you are serious then take off the freaking parts first and make it seem like it was NEVER modded at all.

leasebusters.com
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Old 01-17-2006, 03:25 AM   #5
fukamoto
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Member#: 13339
Join Date: Dec 2001
Chapter/Region: Tri-State
Location: Albany, NY
Vehicle:
2014 SWP WRX Wagon
White

Default

I agree with andys.

Part the car to anything you can sell over $100 and sell it as a stock car.

It'll be hard to get money from the lease takeover..
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Old 01-17-2006, 11:34 AM   #6
razy
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Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default

im not asking for money for the lease take over..just someone to take over my lease that's all
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Old 01-17-2006, 11:39 AM   #7
razy
Scooby Specialist
 
Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default

forgot to add these 2 items
-Pivot Babytimer Turbo Timer $150
-HKS SSQV BOV with flange $300
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Old 01-18-2006, 12:07 AM   #8
razy
Scooby Specialist
 
Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default

part out update:
-Pivot Babytimer Turbo Timer $150
-HKS SSQV BOV with flange $300
-helix non-catted downpipe (just installed yesterday) $450
-Espelir 500JGT full catback exhaust $500
-Apex'i short ram power intake $200
-HKS RS short ram intake (brand new still sealed) $300
pending-Tein S-Tech lowering springs $300
pending-JDM cleared headlights (will trade for stock headlights + $50)
pending-6500K HIDs $400
-18" bronze rsl elites rims with tires (90% tread left) $1600
pending-chargespeed front lip (brand new never installed but opened to test fit) $200
pending-chargespeed sideskirts (brand new never installed still in wrap) $200
pending-chargespeed rear lip (brand new never installed still in wrap) $200
-OEM STi front side splitters (a little scratched) $150
pending-OEM STi fog light covers $50
pending-OEM STi spoiler (will trade for white trunk with wrx spoiler + $150) $300
-TIR voltage stabilizer $100
-T1R B-MaxII Titanium Shiftknob $80
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Old 01-18-2006, 12:39 AM   #9
andys
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Member#: 53455
Join Date: Jan 2004
Location: vancouver
Vehicle:
2004 Forester XTI-RR
dark

Default

You can borrow 20,305 from a bank at 8% (borrowing rate), pay 580 a month and owe nothing after 40 months. The net present value of 17300 in forty months at 4% (savings rate), is 13,262.

So essentialy the net present cost of this deal is $37605. Meaning it'd be cheaper to buy the same car for 37K straight up today. Go leasing!

Do you pay tax on the lease buy out?
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Old 01-18-2006, 12:53 AM   #10
anzu
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Member#: 42154
Join Date: Aug 2003
Chapter/Region: MAIC
Location: Burke, VA
Vehicle:
2008 WRX STI
Aspen White

Default

Would you ship the Chargespeed sideskirts and rear lip to Fairfax, VA? I'm interested in those two parts. Thanks.
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Old 01-18-2006, 01:43 AM   #11
razy
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Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default

andys i dont really get what your point is? im just trying to sell my car here if you're trying to say how ****ty leasing is then please start another thread and please dont **** in mine. thanks.

anzu sorry the kit is already wanted by several people so i rather deal with them locally
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Old 01-18-2006, 02:14 AM   #12
andys
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Member#: 53455
Join Date: Jan 2004
Location: vancouver
Vehicle:
2004 Forester XTI-RR
dark

Default

no opinions or slander here. just shedding some $$ facts on leasing. consider it a service to those who may not get it

leasing has benefits too. like it's easier to qualify for financing if you can't really afford it and there are probably significant imcome tax advantages if you are positioned correctly. Not to mention that you have a fixed buyer at the end of the 40 months if you want to quickly bail with no strings.

I just think the numbers are intersting. I bet others do too. Chill
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Old 01-18-2006, 03:17 AM   #13
razy
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Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default

hmm ok
so what do u think its a fair price for my car? and if i chose to sell it with all the mods how much should i ask for then
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Old 01-18-2006, 04:03 AM   #14
Wylde Horses
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Member#: 61255
Join Date: May 2004
Chapter/Region: VIC
Location: Port Coquitlam, BC
Vehicle:
2002 WRX
dirty silver

Default

Quote:
Originally Posted by razy
hmm ok
so what do u think its a fair price for my car? and if i chose to sell it with all the mods how much should i ask for then
Have another look at what andys said. Frankly, there would be no point for someone to buy the car unless they could use the tax writeoff for their business, and as he said, for it to be an equitable deal on both ends, you would pretty much have to pay someone $3-4k to take the car (assuming it's worth about $30k). You can do the number crunching yourself - take the average sale price of a used '05 WRX, deduct $20,305 (what you could get from the bank for $580/mo over 40 months), then deduct another $13,262 (what you would have to deposit into a bank account today to have $17,300 at the end of the 40 months to pay off the buyout). The difference is the amount you can ask for the car (if positive) or would have to pay someone to take over the lease (if negative). I'm not trying to be jackass, just showing you what the numbers look like to a potential buyer. IMHO, it's not worth it for you to sell. Once the lease is up, decide then what you would like to do with it.

Again, I don't want to be mean, I'm just trying to help you see the financial reality of the situation.
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Old 01-18-2006, 09:45 PM   #15
dwaynesti
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Member#: 88838
Join Date: Jun 2005
Location: White Rock BC
Vehicle:
2004 sti
black

Default

well the ad is getting better
when he posted 2 months ago
he wanted someone to pay him $5000 and then take over his lease
at $580 a month 41 months
which btw is slightly more than you would pay getting a brand spanking new
2006 wrx at a dealership with $5000 down on a 48 month lease.

that is the problem with a lease, if you want out, its very hard not to lose money
in the first few months
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Old 01-18-2006, 11:03 PM   #16
razy
Scooby Specialist
 
Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default

ok hmm
well if anybody's interested just throw me an offer and i'll consider it..i am expecting to lose $ now so shoot away
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Old 01-18-2006, 11:12 PM   #17
ted dibiase
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Member#: 94752
Join Date: Aug 2005
Chapter/Region: MWSOC
Location: Jeffersonville, Indiana
Vehicle:
2003 wrx
wrb

Default

I put nothing down on the lease of my TL. I get 15000 miles a year. My payment is $524 per month and at the end of the agreement my buyout is 22,000. The TL is a $34,000 car. This guy either got raped on his lease or he is quoting everything in Canadian dollars.
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Old 01-18-2006, 11:28 PM   #18
Fleek04
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Member#: 56738
Join Date: Mar 2004
Chapter/Region: VIC
Location: Coquitlam
Vehicle:
2014 Scion FRS
Asphalt

Default

Quote:
Originally Posted by ted dibiase
I put nothing down on the lease of my TL. I get 15000 miles a year. My payment is $524 per month and at the end of the agreement my buyout is 22,000. The TL is a $34,000 car. This guy either got raped on his lease or he is quoting everything in Canadian dollars.

Umm, this is Vancouver Canada, so it's in CDN.
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Old 01-18-2006, 11:45 PM   #19
jwetering
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Member#: 48452
Join Date: Nov 2003
Location: north vancouver
Vehicle:
2005 2.5RS Impreza
crystal grey

Default

could you pm me a picture of the headlights?
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Old 01-19-2006, 01:13 AM   #20
razy
Scooby Specialist
 
Member#: 82124
Join Date: Feb 2005
Chapter/Region: VIC
Location: richmond BC
Vehicle:
05 WRX (SOLD)
aspen white

Default


there's a better picture but i'll post it later cuz im not on my own comp
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Old 01-19-2006, 01:30 AM   #21
jwetering
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Member#: 48452
Join Date: Nov 2003
Location: north vancouver
Vehicle:
2005 2.5RS Impreza
crystal grey

Default

Dude I'm in for the headlights so lonng as it's a straight plug and play swapout. $50 and my stockers is fine. My MY05 RS has 4500 km on it so the stock headlights are like new. How long you figure to swap them out? Can we do it in one evening?
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Old 01-19-2006, 01:53 PM   #22
litlechina
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Member#: 64690
Join Date: Jun 2004
Vehicle:
2005 WRX

Default

hey, are the chargespeed sideskirts sold? ill buy them rightnow...please PM me
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Old 01-20-2006, 03:52 AM   #23
red_soul_D
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Member#: 43554
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancity
Vehicle:
04 red dub
SRR

Default

not to jump in on this thread but i have a set of cs skirts and front lip if anyone is interested

free bump
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