New "fun" car time - looking for suggestions

iaind said:
Guaranteed future value - it's the balloon payment at the end. It's guaranteed in the sense that it will never be any higher (or lower) regardless of the cars value. You can normally ask for it to be lowered so your payments and therefore equity are higher.

Yes, at the end of the term you have 3 options

1 - hand the car back and walk away. Subject to fair wear and tear and this is the only option where the excess mileage costs come into play
2 - pay the GFV and keep the car (this should be lower than the actual value of the car)
3 - trade it in and use the difference between the GFV as a deposit. Like I mentioned earlier, you could also sell it and pocket the difference, but takes a bit of coordination.

So in answer to the question about if you have nothing to show, or if there's equity, or if you have to stump up to keep it.... Yes is the answer :)

It basically is just a loan secured against the car, just structured with a balloon payment at the end so you end up just financing the depreciation. It makes it quite flexible but the interest rates are higher than a bank loan, which is the tradeoff against the convenience
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Ah, so with the new STI. OP pays the £15K, pays £125 a month and has £17K at the end of the term "equity" in the car. I guess it doesn't sound "that" bad. Have to be honest, think I'd rather just buy a car outright for £15K and be done with it.
 
I'm fortunate enough to drive a TTS on a regular basis and I can tell you a) it's frackin' rapid in the real world and b) it's quite an engaging bit of kit. Of course, not on a par with some rear-drive rivals, but I do like driving it. Great package, too.

Not driven the Type R yet but generally positive responses from those I speak to – although I've been warned they get a bit tired at about 8000 miles (rattles, creaks, etc)... but you could have a Focus RS instead.
 
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Blackhawk47 said:
There was a new S3 running 11.9 seconds all day too. For reference the 458 was only running 12.7s so...
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The guy in the Fezza cannot launch it then. An S3 running 11.9 is either modified or launching very well, but without you posting a terminal speed it is hard to judge its power. What was terminal speeds of both cars?
 
I could post a video of a Saab 9-5 out acellerating an Evo X or a Yamaha R6 bike, which would probably be of equal relevance!
 
EddScott said:
Ah, so with the new STI. OP pays the £15K, pays £125 a month and has £17K at the end of the term "equity" in the car. I guess it doesn't sound "that" bad. Have to be honest, think I'd rather just buy a car outright for £15K and be done with it.
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No.
 
Please ignore the people who recommend a VX220 or Elise/Exige when you want something 'Chuckable'. They are incredible fun (only car that's every made me laugh in hysterics while driving), but chuck-able they definitely aren't. I saw many an ex-Scooby driver write theirs off in their first year thinking they'd be as compliant. :(

They are a car that you need to take pride in calculating and balancing well. Squirting and lifting off like you can in a Sceevo will likely see you in a wall within weeks.

BMW M3, 135i, Z4 35i or Z4M to me. RWD and easily managable. Self proclaimed BMW fan boy in recent years, but i like to think its a little justified!
 
Rossi~ said:
http://www.pistonheads.com/classifi...tus-sport-custom-build-unique-car/5400147?v=b

Seems to be a fair few Elise's around £15K though i'm not sure on what to look for.
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The 111s seems to be the one to go for if you can, but they are rarer and more expensive.

The pre-2005 (I think) ones have Rover K-series engines which have weak head gaskets. But most have been already been upgraded and it's not that expensive to do. So it's not really much of an issue any more.

All the series 1 models are actually going up in value now though. So any of those are worth getting. Don't expect any luxuries with an Elise though, they don't even have carpets :D
 
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EddScott said:
Ah, so with the new STI. OP pays the £15K, pays £125 a month and has £17K at the end of the term "equity" in the car. I guess it doesn't sound "that" bad. Have to be honest, think I'd rather just buy a car outright for £15K and be done with it.
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No he won't have £17k equity...it means he has to pay £17k to then own the car outright. I think you are confused.

If at the end of three years, the car was worth £19k then he'd have £2k 'equity'. GFV can work or your advantage of the car depreciates a lot during first three years.
 
EddScott said:
Ah, so with the new STI. OP pays the £15K, pays £125 a month and has £17K at the end of the term "equity" in the car. I guess it doesn't sound "that" bad. Have to be honest, think I'd rather just buy a car outright for £15K and be done with it.
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No - like I said, his equity is the difference between what the car is worth and 17k. He has to pay the 17k baloon payment to own the car, but if the car is worth 19k then he has 2k equity in it.
 
Still talking about the TT?? If it's not an RS I'm not interested :D

Subaru confirmed the figures at:

STi - Amended quote - £28495.00 - £1k discount

£127.18pm
36 months - 6.9% APR

£10000 down
£10000 total deposit
£18495 total financed amount
£17656.00 final payment / GFV - £3143 difference

As it was local to where I'm working this week, I've since had a go in an older 2006 Widetrack Blobeye STi and have reminded why the EJ20 is loved. Very few mods, backbox, Teins, some silicon piping. Felt much faster and I know I can trust the engine.

I think I'm throwing the Civic Type R out because of FWD, 370Z because of lack of easy mods for good gains (despite really liking the car), Cayman because well, it's just not exciting enough.

Still haven't sorted a drive of the TT-RS, or Evo, or JDM Spec STi, or Lotus-type car.

Unfortunately every time I get in an STi I feel right at home, how boring am I!
 
ScoobyDoo69 said:
Still talking about the TT?? If it's not an RS I'm not interested :D

Subaru confirmed the figures at:

STi - Amended quote - £28495.00 - £1k discount

£127.18pm
36 months - 6.9% APR

£10000 down
£10000 total deposit
£18495 total financed amount
£17656.00 final payment / GFV - £3143 difference

As it was local to where I'm working this week, I've since had a go in an older 2006 Widetrack Blobeye STi and have reminded why the EJ20 is loved. Very few mods, backbox, Teins, some silicon piping. Felt much faster and I know I can trust the engine.

I think I'm throwing the Civic Type R out because of FWD, 370Z because of lack of easy mods for good gains (despite really liking the car), Cayman because well, it's just not exciting enough.

Still haven't sorted a drive of the TT-RS, or Evo, or JDM Spec STi, or Lotus-type car.

Unfortunately every time I get in an STi I feel right at home, how boring am I!
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Sometimes its hard to move away from what you love, your forum name aint Scoobydoo for no reason and we know its because of the car not the cartoon doggy. :p

But make sure you drive an EVO X and an EVO 9 GT, plus of course the TT RS. Yes the Subaru is raw, firm and makes some whoosh sounds and feels quick due to gearing. But in real world the EVO X, TT RS are actually faster, but don't necessarily feel it as they have some creature comforts and extra toys.

I drove the very best JDM Spec STI's when I was car hunting a few years ago and though you could indeed tell they were special and a serious improvement over the regular UK version in every way, I found them either to firm/hardcore with more track damping rather than road damping or just too bare. As a total package the EVO X won it everytime as it had better balance, was as fast even though the JDM Impreza's felt quicker due to narrower power band being more explosive and the EVO X though still a cheap interior was a far nicer cheaper interior with more toys. :D

TT RS
EVO X
EVO 9 GT
JDM Spec STI's
R34 or R35 GTR Skyline ?
Lotus Elise/Exige


I can see you buying another Scooby, but not until you tried the above. :D
 
After experiencing my dads Evo 8 FQ-330 and Kosta's old Impreza the Evo was definitely a rawer more hardcore car (Admittedly I haven't been in a 9 or an X)

Edit: Kosta's although modded also didn't feel any more raw or hardcore than a standard STI either (Apart from the glaringly obvious difference in power)
 
Frozennova said:
After experiencing my dads Evo 8 FQ-330 and Kosta's old Impreza the Evo was definitely a rawer more hardcore car (Admittedly I haven't been in a 9 or an X)

Edit: Kosta's although modded also didn't feel any more raw or hardcore than a standard STI either (Apart from the glaringly obvious difference in power)
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The X is softer, but it makes it the better car on the road and to drive daily, because you can simply commute in it and be comfortable.

EVO 9 is firmer, EVO 9 GT is pretty damn hardcore and the 9's still look modern and really rather nice. I hated the 8's I drove, way to raw/hardcore and the turbo lag was nothing short of embarrasing and damn annoying, yes when you hit 4500-5000rpm it all got crazy and frantic but boomed 2000rpm later change gear. Short explosive power bands are fun to me for all of about 5 minutes, a good car will start pulling from pretty much any RPM and pull harder as the RPM climbs. EVO 9/10 were way better as the turbo spools much earlier and quicker. :)
 
Gibbo said:
TT RS
EVO X
EVO 9 GT
JDM Spec STI's
R34 or R35 GTR Skyline ?
Lotus Elise/Exige


I can see you buying another Scooby, but not until you tried the above. :D
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Until I drive them all, no chance of another Scooby. R34 I feel will be a bit too precious to be treated how I'll treat it :D Running costs vs the others much higher I assume too, same goes for the R35. Plus the only R35s I could afford are likely going to need money throwing at them IMO.

hurfdurf said:
Suspend
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Concur.

PS. You can thank the MIVEC for the Evo X's power band, made a massive difference vs the older Evos.
 
Another update.

Drove an Evo X FQ360 on Saturday, I think it had some mods, but not sure. The manifold certainly didn't look standard.

In all honesty, it was not a great example. But I think it's safe to say that an Evo X is not for me. I didn't get along with the steering wheel and its feeling being one of the key issues I took away with me. I don't know whether this was down to this particular example though. Cars from Birmingham for you...

Sunday brought what may well have been the decider though.

A slightly modified blobeye STi Spec C - around 1350kg, 350bhp with short gearing.

I was taken aback by the difference between that car and my old one and the widetrack I drove recently. It felt so much lighter, so much more nimble and fast! 2nd & 3rd gear acceleration were like my old car but with 50bhp down!

The car itself though wasn't for me. It had some interesting interior mods to say the least, crazy Japs.

But said dealership does have a slightly limited edition Spec C in also, unfortunately it's yet to be UK registered and was buried behind many cars. But it was in very good condition bar 2 kinks in the rear bumper. I may be going back to see how it drives. But at £14k with 79k miles, I may look elsewhere.

I'd still very much like to try an Evo 9 FQ360, there was one I called in Staffordshire, but it had sold :(

As always, will update..
 
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