2002 WRX - resale value

[BD]

I have an 02 WRX with about 35000 miles on it. I'm in Canada. Up here,
it's 48000 km. ;-)

It's a lease, and the lease is up next month. The buyout is about $17k
CDN, which is likely about $15k USD.

Its condition is overall very good - no accidents, always taken in for
service at the recommended mileage etc.

I'm curious as to whether $17k is a sensible buyout. I thought of
checking blue/yellow books, and I also thought of checking my local
market. Bought an auto trader, and found one similar car (although with
almost double the mileage), and the buyer wants $19k firm. So I expect
the buyout isn't outrageous.

Just curious to see how people gauge such stuff...

I also expect prices to be lower in the States, but I'll want to base
my decisions on Canadian market values.

Thanks!

BD

 

[Fuzzy Logic]

I have an 02 WRX with about 35000 miles on it. I'm in Canada. Up here,
it's 48000 km. ;-)

It's a lease, and the lease is up next month. The buyout is about $17k
CDN, which is likely about $15k USD.

Its condition is overall very good - no accidents, always taken in for
service at the recommended mileage etc.

I'm curious as to whether $17k is a sensible buyout. I thought of
checking blue/yellow books, and I also thought of checking my local
market. Bought an auto trader, and found one similar car (although with
almost double the mileage), and the buyer wants $19k firm. So I expect
the buyout isn't outrageous.

Just curious to see how people gauge such stuff...

I also expect prices to be lower in the States, but I'll want to base
my decisions on Canadian market values.

Thanks!

BD

Here's a good place to start:

http://www.vmrcanada.com/

The wholesale price is what you should be looking at and make sure you check out the "Province
Considerations" at the bottom of the page.

 

[BD]

Here's a good place to start:

http://www.vmrcanada.com/

Thanks! That returned a value of $19,500, so I guess $17,000 + taxes
won't be far off.

Useful resource. ;-)