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03-09-2016, 07:16 PM | #1 |
Scooby Newbie
Member#: 17787
Join Date: Apr 2002
Chapter/Region:
NESIC
Location: Rhode Island, USA
Vehicle:2017 BRZ Limited Performance Package |
2015 Launch Editions back in stock?
So I'm seeing at least 2 or 3 launch editions back in stock in my area alone. What do you think, couldn't afford the payments or just beat the hell out of them and traded them in?
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03-09-2016, 07:43 PM | #2 |
*** Banned ***
Member#: 433719
Join Date: Nov 2015
Vehicle:2005 WRX Wagon Blue |
The economy is in the ****ter and they bought too much car or made a flesh turd and suddenly had the urge to get a minivan because one child demands 10 metric tons of **** carried with it at all times to move anywhere outside of the house.
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03-09-2016, 07:45 PM | #3 |
Scooby Specialist
Member#: 94408
Join Date: Aug 2005
Chapter/Region:
E. Canada
Location: Canada
Vehicle:17 STI Sport-Tech 20 Corolla Hybrid Premium |
Lease is up
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03-09-2016, 07:55 PM | #4 |
Scooby Newbie
Member#: 437326
Join Date: Jan 2016
Chapter/Region:
TXIC
Location: Lewisville TX
Vehicle:2016 STI Crystal White Pearl |
Are leases that short? Honest question, I've never looked into leasing before.
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03-09-2016, 08:02 PM | #5 | |
Scooby Specialist
Member#: 94408
Join Date: Aug 2005
Chapter/Region:
E. Canada
Location: Canada
Vehicle:17 STI Sport-Tech 20 Corolla Hybrid Premium |
Quote:
But technically when they arrived was mid 2014 so that would really be just 1.5 years, so that would be too short... I was too quick in writing that Could be anything, really... Trading in/selling for something else, can't afford it... No one knows. |
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03-09-2016, 08:06 PM | #6 |
Scooby Specialist
Member#: 33850
Join Date: Mar 2003
Chapter/Region:
NESIC
Location: Pittsfield, MA
Vehicle:2006 WRX Wagon WRC Blue |
early lease turn in due to mileage being high?
can't afford the payments? traded in for an outback/crosstrek/forester because they want a wagon? |
03-09-2016, 08:26 PM | #7 |
Scooby Guru
Member#: 4562
Join Date: Feb 2001
Chapter/Region:
NWIC
Location: Auburn, WA
Vehicle:2014 Electric Datsun 2005 Adventure van |
New shiney thing, trade in, roll over onto new note.
Lather, rinse, repeat until you have a $92,000 Nissan Versa. |
03-09-2016, 11:07 PM | #8 | |
Scooby Newbie
Member#: 17787
Join Date: Apr 2002
Chapter/Region:
NESIC
Location: Rhode Island, USA
Vehicle:2017 BRZ Limited Performance Package |
Quote:
If my 2010 wasn't paid for, I'd be all over it.. I gotta stop looking, no car payments is nice |
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03-11-2016, 11:13 AM | #9 |
Scooby Specialist
Member#: 332561
Join Date: Sep 2012
Chapter/Region:
Tri-State
Location: Southern NJ/Philly
Vehicle:2015 GTI Autobahn White |
Subaru isn't leasing a car for 1 year. What you are seeing is two scenarios:
1: Buyers Remorse: 1 reason or another they just didn't like it, or they had some issues out of the gate, or they couldn't afford it, but just because it is a launch edition, doesn't mean people will love them. 2: SOA cars. All of their 15s should have made their way through auction at this point. SOA only auctions their fleet cars to subaru dealers, so if its at a suby dealer it could be a fleet car. |
03-11-2016, 11:23 AM | #10 | |
Scooby Newbie
Member#: 293636
Join Date: Sep 2011
Chapter/Region:
NESIC
Location: Vernon CT
Vehicle:2016 STI WRB |
Quote:
I would say your points are most likely the reason they are coming back in stock. but on the other hand my dealer did mention they have done 1 year and even 6 month lease's before |
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03-11-2016, 11:28 AM | #11 |
Scooby Specialist
Member#: 332561
Join Date: Sep 2012
Chapter/Region:
Tri-State
Location: Southern NJ/Philly
Vehicle:2015 GTI Autobahn White |
Not on a special edition STI. would make no sense to do a one year lease on that for Subaru when they sold the second they hit the lot.
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03-11-2016, 11:31 AM | #12 | |
Scooby Guru
Member#: 97135
Join Date: Sep 2005
Chapter/Region:
NWIC
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Quote:
i wish i could find that thread. |
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03-11-2016, 11:37 AM | #13 |
Scooby Specialist
Member#: 332561
Join Date: Sep 2012
Chapter/Region:
Tri-State
Location: Southern NJ/Philly
Vehicle:2015 GTI Autobahn White |
Wow, i have been upside down once bad on a ford. My wrx helped make it back in 24 months.
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03-11-2016, 11:44 AM | #14 |
Scooby Specialist
Member#: 75547
Join Date: Nov 2004
Chapter/Region:
SCIC
Location: San Diego, CA
Vehicle:2016 STi-ICE Silver Subaru Ambassador |
I would love to know which bad dealerships kept letting him roll over so much negative equity... That's pure insanity!
I would shoot myself at that rate. |
03-11-2016, 11:59 AM | #15 |
Scooby Specialist
Member#: 332561
Join Date: Sep 2012
Chapter/Region:
Tri-State
Location: Southern NJ/Philly
Vehicle:2015 GTI Autobahn White |
if a dealer can find a bank to take it, they will sell it. Suckers everywhere.
My dealer has one, and my guy is cool so I asked him how it came in. Previously registered owner is SOA. Fleet car. Last edited by dsn112; 03-11-2016 at 12:04 PM. |
03-11-2016, 12:04 PM | #16 |
Scooby Guru
Member#: 268310
Join Date: Dec 2010
Chapter/Region:
SCIC
Location: So Kali
Vehicle:2011 SSM STI saloon Church! |
Talk to Psychoreo. I hear he's got a Terminal Edition he's looking to sell right quick.
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03-22-2016, 08:40 PM | #17 |
Scooby Newbie
Member#: 416251
Join Date: Mar 2015
Location: by the beach
Vehicle:2005 STI WRB |
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03-22-2016, 10:27 PM | #18 | |
Scooby Newbie
Member#: 419597
Join Date: Apr 2015
Chapter/Region:
MAIC
Location: Richmond, VA
Vehicle:2016 WRX PRM 6MT 2002 Audi A4 |
Quote:
Also very true.... |
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03-23-2016, 01:10 PM | #19 |
Scooby Newbie
Member#: 291402
Join Date: Aug 2011
Chapter/Region:
MAIC
Location: Virginia
Vehicle:2016 STI Limited DGM |
In places with traffic, you often see buyers like the "idea" of sports car with a manual but after a few month dislike the "reality" of sports car with a manual in heavy traffic every day. I have seen a decent amount of M3s and M4s near new used on the market as well- nearly always manuals.
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03-23-2016, 01:22 PM | #20 |
Scooby Newbie
Member#: 395675
Join Date: Jul 2014
Chapter/Region:
MWSOC
Location: Cincinnati, OH
Vehicle:17 WRX WRB 16 WRX (RIP) |
There was a guy on VWVortex years ago that owed 50k on a 5 year old Maxima. When you constantly trade in every 2-3 years and use 8 year loan terms, it's easy to get extremely upside-down on a vehicle, especially when the cars have crazy depreciation curves.
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03-23-2016, 04:17 PM | #21 |
Scooby Newbie
Member#: 339272
Join Date: Nov 2012
Chapter/Region:
Tri-State
Location: The Dirty Jerz
Vehicle:2010 Evo X SE Wicked White |
I have a co-worker with a similar story. Had a MK4 GTI that he owed like 40K during his younger years. He sucked it up and leased a base model Mazda 3 for 2 years and came out the other side a free man. Said it was tough as hell to swallow his pride, but he made the right decision.
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03-24-2016, 07:59 AM | #22 | |
Scooby Newbie
Member#: 429202
Join Date: Aug 2015
Chapter/Region:
MWSOC
Location: MN
Vehicle:2016 WRX Prem CWP |
Quote:
Luckily I almost broke even when buying the WRX between the dealer pricing close to invoice as well as a 10% down payment. Plus my interest rate got cut down to 3.99% because I fixed my credit during the year I owned the VW. So glad not to be dealing with the stress of being upside down in a car anymore though. |
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03-24-2016, 08:22 AM | #23 |
Scooby Specialist
Member#: 395955
Join Date: Jul 2014
Chapter/Region:
Tri-State
Location: Bucks County, PA
Vehicle:2021 Mazda 3 Turbo 2017 MX-5 RF Club |
I've been through 3 new cars in the last 3 or 3.5 years and luckily I've had positive equity on every trade in.
I'd take the longer term and pay extra every month, because I could afford the shorter term but it's nice to have that lower pay option if I need it. 2013 Chevrolet Sonic LTZ Turbo -> 2014 Subaru Impreza Sport -> and now my 2016 WRX I plan on keeping the WRX for as long as it'll last me. |
03-24-2016, 08:54 PM | #24 |
Scooby Newbie
Member#: 419597
Join Date: Apr 2015
Chapter/Region:
MAIC
Location: Richmond, VA
Vehicle:2016 WRX PRM 6MT 2002 Audi A4 |
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03-25-2016, 04:55 PM | #25 |
Scooby Newbie
Member#: 203823
Join Date: Feb 2009
Chapter/Region:
E. Canada
Location: Ottawa, ON
Vehicle:2009 WRX STI 2001 V7 JDM STI |
It has been ~2 years since the Launch Edition STI was released. Definitely 2 year lease returns.
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