SVX Network Forums Live Chat! SVX or Subaru Links Old Lockers Photo Post How-To Documents Message Archive SVX Shop Search |
IRC users: |
#1
|
||||
|
||||
To Buy or Not to Buy, This is The Q
A friend of mine owns a nice 93 Pearlie back home. This car has been very well maintained over the years (only in suby dealership).
Now I am facing many dilemmas: 1- I intend to... euh get married to a very beautiful and well educated girl 1.5years from now. Cost of marriage ($25,000) and I am restoring my apartment as we speak and will be costing me around $50,000 in redesign and furniture. 2- I love the SVX a lot. I own a modified one especially in the exterior and I always dreamed of getting another and leave it completely OEM (except external cooler + filter). 3- Both my parents and GF are Ok with me having two cars for now, the SVX and the 350Z. I dunno what their reaction would be if they see me buying a third car (well a fourth one since I also own a VW MK1) I think my dad will be using the rest of the RPG shells that he still have 4- The guy is asking around $7500 for his SVX. For a guy who appreciates this car and knows his true value, I think it is worth it. The car is near an immaculate condition. I told him his car is worth between $5000 and $6000 as an approximate value, he replied that for $5000 he prefers to let it ROT in his garage Well I thought if for $5000, I would apply for a bank loan for $230 per month/24 months. That way this amount would not be squeezing me from what is more important in my life (each person has priorities ). But for $7500... I dunno I just cannot bear it at present time. How to convince that guy with $5000?
__________________
Danny 1994 Silver SVX in hybernation, awaiting for the monsterous awakening (Lebanon) 1967 Mercedes-Benz 250SL Euro Specs, Hard/Softtop, White/Red. Under Complete Restoration 2013 Mercedes-Benz SL350 Euro Specs, White/Red. Mint... Another step into SL Collection. |
#2
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Wow that price is a bit much... Then again that's a little unjustified of me to say since I got my SVX for free.
I'd say go for it if you had the cash but if it's going to hurt you in the long run, stay away.
__________________
1992 Pearl White LS-L "Ruslana" #4946 - 180k on body, 95k on engine. Mods: ECU bead crush, 15 min mod, 20 min mod, drilled/slotted rotors & Axxis ceramic brakes, SS lines, 17" Evoke F1 wheels, XS-HF137 Sony Xplod speakers, 6000k HID's (lows & fogs), resistor mod, 1½" Sleek Spoiler mod, custom exhaust by svxfiles, '02 WRX aluminum racing radiator by svxfiles, Summit Racing 400# x 300# springs w/ Koni's by svxfiles, ClassGlass fiberglass hood /w scoop, Nevin's rear sway bar, '97 grille, phenolic spacers, custom LED interior lighting, custom paint. †"War doesn't determine who is right, only who is left"† Work to be done: Tinted windows, clear/LED tail lights, tailbar mod, "Power Mode" mod, Supertone horns, clear corners & headlight lenses, 2 pc splitters or custom bumper, Alcyone side skirts, TruSpeed Stage III SVX Intake, Hydra, 4.44 tranny swap, JDM auto folding side mirrors, engine rebuild, super charger, STi seats, bone leather interior /w SVX emblem, dash overhaul, SVX decals, paint (stock color). Total cost?: 22k At least it's going down..
|
#3
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Offer him $5500. If he takes it, get the loan and do the deal. If he does not take it continue with your more important plans for the wedding.
Likely the car will still be there when you come up with the money, and as time will have passed, it will be closer to $6k. Or: Sell the 350Z daily driver and liberate some dollars. You could live with a cheaper d driver surely? 200 SX would be way cheaper but entertaining & reliable. Joe
__________________
Black Betty [Bam a Lam!] '93 UK spec, still languishing Betty Jersey Girl Silver '92 UK [Channel Isles] 40K Jersey Girl @ Mersea Candy Purple Honda Blackbird Plum Dangerous White X2 RVR Mitsubishi 1800GDI. Vantastic 40,000 miles Jersey Girl |
#4
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
I think you better buy it.... Sell the 350 ... Or off 6k and tell him you honestly cant give him 7.5k atm
__________________
1994 SVX L - FWD Barcelona Red 190K miles ~ SOLD 1994 SVX LS - 5spd AWD Emerald Green 202k miles PWR Radiator, HID 5000k, New paint job with issues, 17" STI BBS wheels, converted to 5spd AWD from FWD. Purchased from SVXyGirl 2/20/09 -- Undergoing complete rebuild 1993 Justy 4wd 5door- Teal of sorts , beater. 2008 OBXT Newport Pearl 65k miles |
#5
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Speak to the future wifey first. The last thing she probably wants to find out about is an impulse buy, which could cause potential problems later.
EDIT: (Did i really just say that? ) Can we come to your wedding?
__________________
Tim 92 Liquid Silver SVX 5MT 2009 BMW Z4 (Gone) 2012 Camry V6 SE Last edited by Tim; 01-12-2009 at 09:29 AM. |
#6
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Quote:
(Wish you were closer )
__________________
Danny 1994 Silver SVX in hybernation, awaiting for the monsterous awakening (Lebanon) 1967 Mercedes-Benz 250SL Euro Specs, Hard/Softtop, White/Red. Under Complete Restoration 2013 Mercedes-Benz SL350 Euro Specs, White/Red. Mint... Another step into SL Collection. |
#7
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
It seems like this guy is overestimating the value of his car when deciding on a price to sell it at (unless it is exceptionally low mileage). I would let the market decide - wait a few months and if it is still for sale, he'll be willing to lower the price.
__________________
'93 Legacy LS (will last longer than the cockroaches) '94 SVX LSi |
#8
|
|||
|
|||
Re: To Buy or Not to Buy, This is The Q
10 characters.
Last edited by essveeexxee; 10-19-2009 at 05:04 PM. |
#9
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
My future wife already has a 2007 Renault Megane and she loves it a lot.
To be honest, this car is fully equipped with everything including leather seats and double moonroofs. What I personally love about the car is its brakes. Hard braking one of these, and you will literally be eating the steering wheel I don't think she will be looking into driving the SVX. But she likes my car tho... or at least this is what she tells me... On the other hand I thought about it. I will stick to $5K for it. I dunno about him, but I thought he was one of the guys who fell in love with the car and don't wanna part from it. Suddenly he calls me all the way from Leb and tells me he wants to sell it. I am going back in a 9 days vacation this april. If the car is still there, I will renew my offer of $5K. I don't think he will resist the opportunity since I will be there. Including the registration and loan interest, I will end up with a $6K 93 Pearlie.
__________________
Danny 1994 Silver SVX in hybernation, awaiting for the monsterous awakening (Lebanon) 1967 Mercedes-Benz 250SL Euro Specs, Hard/Softtop, White/Red. Under Complete Restoration 2013 Mercedes-Benz SL350 Euro Specs, White/Red. Mint... Another step into SL Collection. |
#10
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Quote:
Sorry Danny you're way off on this one. Try downpayment on marriage ($25000).
__________________
British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working. |
#11
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Quote:
A guy driving a 350Z? I thought that was for the ring
__________________
Black Betty [Bam a Lam!] '93 UK spec, still languishing Betty Jersey Girl Silver '92 UK [Channel Isles] 40K Jersey Girl @ Mersea Candy Purple Honda Blackbird Plum Dangerous White X2 RVR Mitsubishi 1800GDI. Vantastic 40,000 miles Jersey Girl |
#12
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Quote:
Congrads and Good luck.
__________________
1992 Subaru SVX LS-L #5045 Dark Teal 1992 Subaru Loyale Wagon Gray (SOLD) 1999 Subaru Impreza 2.5RS Coupe Black Ruby (SOLD) 1969 Subaru 360 Deluxe Ivory White 2005 Subaru Impreza WRX STi World Rally Blue 1993 Subaru Legacy L Wagon Teal Metallic (SOLD) 1998 Subaru Impreza 2.5RS Coupe Rally Blue Pearl [SIGPIC][/SIGPIC] |
#13
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Quote:
- Church - Priest - Flowers - Cars - Her dress - My Tux - Cocktail Party (after church) for 300 invitees All that is excluding the engagement ring... But out of it I will be getting around $12K in presents. (In the past, the invitees would bring in gifts, then it became a wedding list in a specified home appliances store, and now MONEY in a specified bank account). Quote:
The ring will be no more than $3.5K Even though she is an excellent driver (she drives M/T too), I wouldn't trust a rare car as the SVX with anyone but me. Let he be with her Megane and let me find a way to get that Pearlie...
__________________
Danny 1994 Silver SVX in hybernation, awaiting for the monsterous awakening (Lebanon) 1967 Mercedes-Benz 250SL Euro Specs, Hard/Softtop, White/Red. Under Complete Restoration 2013 Mercedes-Benz SL350 Euro Specs, White/Red. Mint... Another step into SL Collection. |
#14
|
|||
|
|||
Re: To Buy or Not to Buy, This is The Q
swap the 350 for the SVX easy problem fixed
|
#15
|
||||
|
||||
Re: To Buy or Not to Buy, This is The Q
Quote:
Buy now and just don't tell her about it. A wise man once told me there are more women on the planet then cars so buy the ones you want, you can always find another woman!
__________________
British vehicles are my last ditch attempt to keep the nasty Italian thoughts in my mind at bay. So far its working. |
|
|