traded... - Page 2 - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

Be-Are-Zee · 07-27-2013, 12:06 PM

Quote:

Originally Posted by meekhotglass

I know, I know - not an easy decision, but here's the situation today I didn't know a year ago.

-bought a new home in the sticks in upstate NY (winter can be serious)
-my beater F-150 that I drove through the winter finally checked out
-my commute went from 2 minutes to 20
-1st kid on the way

Here's the deal
-BRZ premium purchase price $24999
-Forester 2.5 Premium + all weather purchase price $23999
-Subaru guarantee trade in on BRZ (10K miles) $21500
-Sales tax saved on trade $1700
-Still owed on BRZ, $10000

so basically I got a clear title from the bank for the BRZ - took a loan on the Forester for $12500, gave the dealer a check for $2500 and drove away.

I'm not sentimental about it. Loved the BRZ, but this is right for now. I'm looking forward to getting another toy in a few years - another Harley, sailboat, 4 wheeler, Miata... we'll see

Interesting. I traded my BMW X1 for a BRZ because I have a kid on the way lol.

My commute is 1 hr each way.

thill · 07-27-2013, 12:22 PM

Makes sense. If we did not have a minivan, I would probably not be driving a BRZ...

Chauntalei · 07-27-2013, 02:15 PM

Quote:

Originally Posted by BRZ-OwnzJo0

Cool man. You're doing what you need to do and there's no shame in that! It looks like you got a good deal too. Besides, we're all eying that new WRX now I think. haha

I've got my eyes on the new Corvette.

The BRZ is gonna need a garage buddy!

tacoss23 · 07-28-2013, 03:20 PM

Yeah I don't think I would have the BRZ as my only driver car. My GF test drove both, the Forester and the Crosstrek XV, she went for the Crosstrek. Both seem very solid, granted with less creature comforts than the competition.

You should've just kept the BRZ as your fun car and buy the forester. The BRZ/FR-S will be a hot market in couple years, I really think they will retain their value very good.

In 2-3 years, the market will be flooded by kids trying to get their hands in used BRZs that are stock so they can mod them. Dealerships know that there is no better deal in used cars, than fast moving "hot" cars that young kids want, those are the ones that are desperate and willing to accept ridiculous markups and financing deals in order to get one.

Turbowned · 07-29-2013, 08:42 AM

That's too bad, but the new Forester is really a good SUV, no BS. I mean hell, it gets the same gas mileage basically!

DarkSunrise · 07-29-2013, 08:51 AM

Quote:

Originally Posted by meekhotglass

I'm not sentimental about it. Loved the BRZ, but this is right for now. I'm looking forward to getting another toy in a few years - another Harley, sailboat, 4 wheeler, Miata... we'll see

Yep, life is short, try out as many cars as you can. The difficult part is not getting sentimental about past cars. I can already tell the FR-S will be a hard one to let go if/when the time comes for me.

gily25 · 07-29-2013, 04:41 PM

Sports car or coupe isn't for everyone...when your life changes you learn whether you are a [insert car type here] fan or whether you quickly use the change as a reason to move on. It's not just true for cars, it works for post-secondary education, career paths, condos/house, etc. At least you got to try it.

Kelbyat07 · 07-29-2013, 04:51 PM

Wait I was told that since I am still paying off the FRS, technically the bank still own my car. So I am not able to trade or sell my car once I have completed paying it off.

Rayme · 07-29-2013, 04:53 PM

Quote:

Originally Posted by Kelbyat07

Wait I was told that since I am still paying off the FRS, technically the bank still own my car. So I am not able to trade or sell my car once I have completed paying it off.

Dealers and banks will bend over it if means selling you another car. Don't worry you can sell it anytime as long as the loan is paied, even if it's by another loan at the time of purchase.

caradd · 08-09-2013, 03:05 PM

Quote:

Originally Posted by Kelbyat07

Wait I was told that since I am still paying off the FRS, technically the bank still own my car. So I am not able to trade or sell my car once I have completed paying it off.

Nonsense. If you trade in the car the dealer will pay the outstanding loan. Dealers love trade-ins they make money on both ends as well as the car you are buying.

Khazzy · 08-09-2013, 04:16 PM

they sure do. I know people that trade their car in with maybe 10k owed and the dealer pays off that amount to sell you the car. Called being upside down but it can still land you a new car.

Kelbyat07 · 08-09-2013, 09:35 PM

Quote:

Originally Posted by caradd

Nonsense. If you trade in the car the dealer will pay the outstanding loan. Dealers love trade-ins they make money on both ends as well as the car you are buying.

Yup talked to the dealer a couple weeks ago and found out that i could trade in my FRS. But i wontt cuz i love my car too much.

07-29-2013, 04:51 PM	#22
Kelbyat07 Poor College Kid Join Date: Mar 2013 Drives: ~.~ Location: Chicago Posts: 2,801 Thanks: 246 Thanked 2,182 Times in 1,249 Posts Mentioned: 32 Post(s)	Wait I was told that since I am still paying off the FRS, technically the bank still own my car. So I am not able to trade or sell my car once I have completed paying it off. __________________

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07-27-2013, 12:22 PM	#16
thill Senior Member Join Date: May 2012 Drives: 2020 SS1LE (previous 13 BRZ owner) Location: North Pole Posts: 2,753 Thanks: 328 Thanked 1,463 Times in 802 Posts Mentioned: 20 Post(s)	Makes sense. If we did not have a minivan, I would probably not be driving a BRZ...

07-28-2013, 03:20 PM	#18
tacoss23 Senior Member Join Date: Jul 2013 Drives: '08 328i, '13 Accord Sport, '13 BRZ Location: Austin, Texas Posts: 159 Thanks: 36 Thanked 75 Times in 46 Posts Mentioned: 1 Post(s)	Yeah I don't think I would have the BRZ as my only driver car. My GF test drove both, the Forester and the Crosstrek XV, she went for the Crosstrek. Both seem very solid, granted with less creature comforts than the competition. You should've just kept the BRZ as your fun car and buy the forester. The BRZ/FR-S will be a hot market in couple years, I really think they will retain their value very good. In 2-3 years, the market will be flooded by kids trying to get their hands in used BRZs that are stock so they can mod them. Dealerships know that there is no better deal in used cars, than fast moving "hot" cars that young kids want, those are the ones that are desperate and willing to accept ridiculous markups and financing deals in order to get one.

07-29-2013, 04:41 PM	#21
gily25 Senior Member Join Date: Aug 2012 Drives: Silica BRZ 6MT Location: 06103 Posts: 650 Thanks: 97 Thanked 115 Times in 92 Posts Mentioned: 0 Post(s)	Sports car or coupe isn't for everyone...when your life changes you learn whether you are a [insert car type here] fan or whether you quickly use the change as a reason to move on. It's not just true for cars, it works for post-secondary education, career paths, condos/house, etc. At least you got to try it.

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