10-22-2023, 10:04 PM
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#5
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Senior Member
Join Date: Jan 2016
Drives: 1993 Caterham HPC Evo
Location: Quinte West Ontario
Posts: 1,748
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Quote:
Originally Posted by wbradley
Nice car, use it well.
I like your wife's vintage style glasses. Similar to my sister's grade 1 picture in 1967.
Too bad she couldn't trade in the STI and then only need to pay tax on the difference amount. But then again, you probably got that much more for selling the vehicle privately.
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I tease her about those glasses all the time. I do not like them on anyone because you're correct. They look like they are straight out of our childhood.
She says this is her last new vehicle. The idea was to sell one and trade in the other. She had buyers lined up for her 2022 Crosstrek so we tried trading the STi. Problem was every stealership offered less than the one before. Highest offer was $21,000. She wholesaled it herself to a specialty high end car shop for $25,000. He already had a buyer for it at $29,000. The car was for sale all summer and only one 23 year old guy came to look at it. He was talking $26,000 but had to think about it. Then wanted his father to come see it. She took the $25k offer and ran to the bank. Only to find out that it was closed for National Day for Truth and Reconciliation. The bank was also closed the following Monday for the same reason. When she deposited the bank draft on the Tuesday morning she was told there would be a five business days hold on it. I later found out that the five days started at midnight so really 12:01 Wednesday morning. The following Monday was our Thanksgiving. So, those five business days turned into 12 full days as they weren’t going to release the funds until the Thursday morning. She finally got to speak with someone she knew and was able to make the deal on Wednesday, a whole day early.
Basically the same thing happened to her 2022 Limited. Her buyers disappeared and the trade-in values were way lower than Black Book. But, she pushed and a buyer came through so she got the deal she was hoping for. STi paid off what she owned on the Crosstrek and the sale of her Ducati more than made up the difference. So she has a brand new Wilderness free and clear. J
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