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-   -   Trying to pick up an 05 lgt sedan (http://legacygt.com/forums/showthread.php?t=199525)

LoganZJ 01-11-2013 09:30 PM

Trying to pick up an 05 lgt sedan
 
I have been trying to pick up a 4th gen lgt in Denver for the last month.

One that I have been looking at: http://denver.craigslist.org/cto/3507458186.html

He said kbb was 12k, however when i enter the details it comes up at 9k in excellent condition. Another thing is that the car was salvaged once and brought back to stock. He said he bought it from a guy who picks up subies from auctions that only need bolt on panels to be back to normal.

So finally my question: what would you pay for this car?

Thank you for your help.

Magrek 01-12-2013 08:21 AM

Subaru is a low volume manufacturer so they do trend toward the higher side of values. Plus AWD might carry a premium value in the area... although that should be reflected in KBB when you put in your zip. It still can hurt to offer what you feel is reasonable and tell them how you arrived at your number. Good luck. If you want a nice 5spd GT LIMITED Wagon and can retrieve it from NC you can buy mine for $10.2K

06LegacyRBP 01-12-2013 08:59 PM

I would definitely offer want you think its worth and if seller doesn't agree move on to the next one. Dont settle on one and second guess yourself on what its worth. Its only worth what you think its worth. Good luck!

Totaled04Rex 01-12-2013 09:25 PM

I searched for 2mos in Phoenix and even looked in Denver too. There are more cars up there, but it seams they were all going for a premium. I lucked out when my 05 wagon literally fell into my lap 15mins after passing on a sedan. I've been keeping tabs on CL since I bought mine last month and there has only been one more that popped up and it's an auto. No thanks.

Good luck... Offer what you want to pay and don't be surprised when the seller says no. I found it to be a sellers market due to the limited availability of these cars.

ur a bus 01-12-2013 10:15 PM

Where are you getting your KBB numbers from? I just looked up the black one on KBB.com with a Denver zip code and it came up $11,770 in excellent condition private party.

LoganZJ 01-12-2013 11:18 PM

I ran both of these cars as base model lgts. I realized the leather should be a sign that the first one is a limited, so I modified my search, and it came back very close to the asking price. I don't believe the second one to be a limited model, but I am too new to these cars to even be sure of that.

The reason I am rushing this purchase is because I am moving back to colorado next week and I need a new car immediately. I only have 10k to spend and I was trying to put these cars in my price range...

A 4th gen lgt would be my very first choice of car and I am going to push for that as much as possible. If it is not, I have seen an 06 mazdaspeed 6 for 9k in Denver with only a dented sail panel. A wrx would be next on my list, but I live in summit county, and everyone has one.

I am arranging to have my brother test drive the second one this week because I am on the east coast right now, and he has a lot more subaru experience than I. If everything checks out mechanically, and reflects the ad (given the title and some rock rash on the front bumper) what do you guys think would be a fair price for that car?

I know that all answers are situational and open to interpretation, I am just trying to develop a good ballpark number to keep in mind.
Thank you everyone.

Totaled04Rex 01-13-2013 02:48 AM

In my search I found a couple 05s and they were all $10-11k. Mileage varied from 82k-137k(the wagon I bought). If its a documented well maintained car, the mileage shouldn't be too much of a deterrent. If its near 100k, ask about timing belt and water pump and of it hasn't been done, factor at least $750-1200 into post purchase repair or get them to discount asking price(unlikely though in my experience).

O.C.D. 01-13-2013 08:32 AM

Two words ya gotta pay attention to:

1. Subaru
2. Colorado

You are around thousands and thousands of potential owners. This isn't Florida where the vehicle is a niche vehicle.

I gladly paid $11,700 for my '05 wagon from Denver a couple months back.

You need to put it into perspective. Is a great/good car worth that extra $1 or $2 possible K?

That is up to you.

andnyleswillriot 01-13-2013 09:31 AM

yup as said already, buying one in CO is gonna raise the price at least 1k or so. I paid 18k for an 09 2.5i with 36k miles and thought it was still too much but had no time to drive a state over to save money.

LoganZJ 01-15-2013 02:06 PM

Quote:

Originally Posted by O.C.D. (Post 4244051)
Two words ya gotta pay attention to:

1. Subaru
2. Colorado

You are around thousands and thousands of potential owners. This isn't Florida where the vehicle is a niche vehicle.

I gladly paid $11,700 for my '05 wagon from Denver a couple months back.

You need to put it into perspective. Is a great/good car worth that extra $1 or $2 possible K?

That is up to you.

I think this statement was very accurate. And the truth is that I do believe that most of these cars are worth what people are asking. I just don't have that extra 2k. If I did I would probably already own one haha.

Right now I am on the east coast, so I am having a friend who is experienced with subarus test drive it for me tomorrow.
So I have revised my initial post to reflect my new question:

What do you think that the car in the first post is worth, and what would you pay for it with the salvage title?

BarManBean 01-15-2013 02:12 PM

why not buy one on the east coast where you are and drive it back?

LoganZJ 01-15-2013 02:16 PM

Quote:

Originally Posted by BarManBean (Post 4247751)
why not buy one on the east coast where you are and drive it back?

Haha I was talking about that at first, and everyone told me to wait until I got to Colorado...

dgoodhue 01-15-2013 02:27 PM

You probably can get the car for 10K or less. I wouldn't get caught up in going over book a few $100's, some markets may have a little more demand that KBB doesn't account for. You can always offer what you feel the car is worth once you test drive it.

RabidWombat 01-15-2013 03:55 PM

Salvage is a huge RED FLAG.

Anything with a Salvage title will have a value below KBB fair. It might be a decent deal at 8-9k, but don't go over that. The salvage title trashes the resale value because you don't know about lingering damage issues.

My hunch is that you're best off just walking away. If the seller is asking $11k for a salvage, I doubt he's likely to come down to a fair price.

LoganZJ 01-15-2013 10:32 PM

Agreed. If it checks out I will make him a legitimate offer, but we will see what happens...


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