Thread: Trade in time.
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Old 08-09-2014, 12:04 PM   #38
hmong337
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Join Date: Jun 2013
Drives: '91 MR2 Gen3 3SGTE, '13 FRS
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Quote:
Originally Posted by topazsparrow View Post
I was more than a little surprised to hear that my 2013 FR-S with a 6spd is valued at around 16 - 18k CAD for trade in.

I still owe 18k on it...

The Dealers all said that they're having a hard time moving the cars and they don't want it sitting on the lot over the winter.

I don't really know what to do now because I need something that's safer on the mountain highways during the winter. Not to mention I can't bring myself to pulverize the poor girl with sand/gravel.
Just keep her! Unless you can afford to take that kind of hit, I wouldn't bother. Just get a beater for winter use.

This is another reason why I will never buy a new car ever again. You take too much of a hit on depreciation. Example, if I were to sell, I'm losing $12000 for only 1 year of ownership. Blahhhh! Might as well keep her now since I've only got 4 years of payments left.

But to be honest, I am happy I got the Scion brand new. The feeling of a brand new sports car and you being the first and true owner truly is worth it. Buying a used sports car second hand with its unknown history of how it was treated can be sketchy. The FRS was priced right to buy new. I can absolutely take the depreciation losses in return for knowing the scion will always and only be mine.

I wouldn't trade it in.
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