Should I trade in on a new Impreza?
Posted: Wed Nov 09, 2005 1:52 am
Have a 93 Legacy L AWD sedan. Runs pretty decent for 196K miles and handles great with new GR-2's & springs. Needs some minor work like the usual fender well rust, rattling converter heat shield, mystery coolant odor, needs a steering rack boot. And the annoying automatic belt & oversized airbag steering wheel. Too busy working OT and fixing up house to spend any time on car.
Tempted to just go out & buy a new Impreza 2.5i wagon for about $17k invoice. Think of it as just buying all the parts at once, preassembled at the factory. A lot of money but consider what you get, could spend that much on a Focus or Civic. I'd assume a new Impreza provides better protection in a crash than the old Legacy or most any car in its class, if the improved body reinforcements & newer airbags prevent a hospital stay, the car would pay for itself but this is a big big if.
Downsides of new car: stress of 5 years payments, time spent in garage replaced with a lot more time spent working OT or a second job, and worrying about every scratch & dent and job loss. $300 payment * 12 = $3,600 per year not a good investment, even for a car that holds it resale value pretty good around here.
Anyone else run the numbers on this decision?
Tempted to just go out & buy a new Impreza 2.5i wagon for about $17k invoice. Think of it as just buying all the parts at once, preassembled at the factory. A lot of money but consider what you get, could spend that much on a Focus or Civic. I'd assume a new Impreza provides better protection in a crash than the old Legacy or most any car in its class, if the improved body reinforcements & newer airbags prevent a hospital stay, the car would pay for itself but this is a big big if.
Downsides of new car: stress of 5 years payments, time spent in garage replaced with a lot more time spent working OT or a second job, and worrying about every scratch & dent and job loss. $300 payment * 12 = $3,600 per year not a good investment, even for a car that holds it resale value pretty good around here.
Anyone else run the numbers on this decision?