Trade a 2001 ITR for a WRX? (both stock)
Thread Starter
Joined: Jun 2002
Posts: 11
Likes: 0
Trade a 2001 ITR for a WRX? (both stock)
First of all, just want to say this looks like a very good board (knowledgable people, no ricers).
About the ITR, it's not mine, it's my friend's. We both have ITRs (mine is 1999), but he just recently got schooled by an Impreza TS wagon (it was raining, funny story if I could post in the kill section). Anyways, my buddy is kind of jumping on the WRX bandwagon (with good reason) and it's more the car for him. He's just wondering if it's a good deal to trade his car with one of our friend's (she has a WRX, but likes the ITR more) stock for stock. At first it looks like a fair trade, but the resale value on ITRs is holding strong (even going up) while WRXs will prolly drop since they will be in constant production for the next while. He's wondering if it'd be worth it to keep the ITR around for a couple years, sell it and then buy a used 2002 WRX for cheaper and make some money. He's happy with the ITR, but would rather have the WRX. Of course if he could wait a lil and make some money he'll want to do that (and have some time to play with his ITR). How do you guys see the value of a 2001 ITR vs a 2002 WRX in say 2 or 3 years?
About that story, I guess I'll post it here instead of in the kill section (don't know when I'll be able to post to that).
Anyways, last weekend (Canada Day long weekend), we (my buddy and I) were heading to a cabin in the mountains in my ITR. Along the way we decided to stop for lunch at one of those picnic areas just off the highway (just a lil parking area with some picnic tables by a lake). We pulled in and grabbed some lunches we had made and sat down. There was only one other car there, a green Impreza TS wagon (looks like a wrx wagon without the hood scoop) with some camping gear on it and a lil Chinese guy with 2 really hot chicks (a tall blonde and a tall asian) eating lunch as well. These girls were superfine and they were all over this guy (couldn't be his car). He must have been some sort of wagon driving pimp or something (well he looked like a normal guy going camping).
Anyways, we looked, laughed, made catcalls. They laughed back and smiled and whatnot, but we never really talked. Then out of the blue (well it was a cloudy day), it started raining like ****. Like buckets of rain, one of those crazy 10 minute downpours. Anyways since it started raining we all ran back to our cars to leave. My buddy was driving the second leg of this trip so he got in the drivers seat and started to pull out of the parking lot. The wagon pulled up behind us. Anyways, my buddy wanted to impress those chicks and he decided to launch the car at about 5000 rpms. Big mistake. The tires spun like nuts (ground was wet and there was some gravel in the lot) and we didn't go anywhere. The guy in the wagon must of got tired of all our spinning, so he launched behind us. He got some mad traction and just went around us like we were nothing (AWD launches are amazing) and sped off onto the highway.
Anyways, we caught up to them pretty fast and the rain cleared up pretty quick. The asian girl was in the back seat waving at us and we're pretty sure she pulled up her top and flashed us (pretty hard to see thru the back of a wagon). A few miles later the wagon slowed down a lil and then started skidding sideways along the road. We thought the dude was screwed, but it turns out he was just drifting onto a back road. He drifted onto the gravel road, got traction right away and sped off down the road. That was the last we saw of them.
So yah, we got a lesson in AWD that day and now my buddy wants a WRX. He likes the ITR's handling but doesn't do any auto-crossing or anything where he really needs it. He's also a domestic convert (mustang) and would like a car easy to play with (cheap and easy mods, much better than ITR). He also always bitches about how stripped his ITR is (no stereo or A/C) and saw that the WRX comes with an in-dash 6 cd changer and a/c. 4 doors, higher ride (low rides are really annoying to drive around Canada with our potholes in addition to speed bumps and ramps), super speed, AWD and above average handling. Anyways, he figures its the car for him and I agree.
We also looked at the Impreza TS Wagon. Not a bad package at all, only $22,000 CAN (~$13,500 US conversion, not sure about the MSRP) which is 3.5 grand CAN cheaper than a civic si hatch (SiR in Canada) and has more power (165 hp compared to 160hp), way more torque (166@4000 compared to 132@5000) and AWD. It's a pretty impressive package for a cheap price, much like the WRX.
I'm starting to like Subaru a lot more. Perfomance cars with great pricing. We just have to hope the other car companies follow suit (either lower their prices or jack up performance). Mitsu will be releasing the Evo, Mazda has the Mazdaspeed Protege and Dodge is coming out with the Neon SRT-4, so it looks like its working so far. Just gotta hope Honda, Acura do the same.
Oh and before I get flamed, I love my ITR and would never trade it for a WRX. I admire the performance and the overall package, but it's not for me. I like my car's handling, looks and the Honda reliability. The WRX is ugly as heck (well the looks grow on you kind of like a bulldog), has too much body roll for my taste and although Subaru is very good, I don't think they are up to Honda's standards in terms of reliability. I just hope that Honda/Acura takes Subaru's lead and starts offering performance cars at economical prices.
Anyways, sorry for the long post. First time here. Let me know your thoughts on the trade. Thanks.
About the ITR, it's not mine, it's my friend's. We both have ITRs (mine is 1999), but he just recently got schooled by an Impreza TS wagon (it was raining, funny story if I could post in the kill section). Anyways, my buddy is kind of jumping on the WRX bandwagon (with good reason) and it's more the car for him. He's just wondering if it's a good deal to trade his car with one of our friend's (she has a WRX, but likes the ITR more) stock for stock. At first it looks like a fair trade, but the resale value on ITRs is holding strong (even going up) while WRXs will prolly drop since they will be in constant production for the next while. He's wondering if it'd be worth it to keep the ITR around for a couple years, sell it and then buy a used 2002 WRX for cheaper and make some money. He's happy with the ITR, but would rather have the WRX. Of course if he could wait a lil and make some money he'll want to do that (and have some time to play with his ITR). How do you guys see the value of a 2001 ITR vs a 2002 WRX in say 2 or 3 years?
About that story, I guess I'll post it here instead of in the kill section (don't know when I'll be able to post to that).
Anyways, last weekend (Canada Day long weekend), we (my buddy and I) were heading to a cabin in the mountains in my ITR. Along the way we decided to stop for lunch at one of those picnic areas just off the highway (just a lil parking area with some picnic tables by a lake). We pulled in and grabbed some lunches we had made and sat down. There was only one other car there, a green Impreza TS wagon (looks like a wrx wagon without the hood scoop) with some camping gear on it and a lil Chinese guy with 2 really hot chicks (a tall blonde and a tall asian) eating lunch as well. These girls were superfine and they were all over this guy (couldn't be his car). He must have been some sort of wagon driving pimp or something (well he looked like a normal guy going camping).
Anyways, we looked, laughed, made catcalls. They laughed back and smiled and whatnot, but we never really talked. Then out of the blue (well it was a cloudy day), it started raining like ****. Like buckets of rain, one of those crazy 10 minute downpours. Anyways since it started raining we all ran back to our cars to leave. My buddy was driving the second leg of this trip so he got in the drivers seat and started to pull out of the parking lot. The wagon pulled up behind us. Anyways, my buddy wanted to impress those chicks and he decided to launch the car at about 5000 rpms. Big mistake. The tires spun like nuts (ground was wet and there was some gravel in the lot) and we didn't go anywhere. The guy in the wagon must of got tired of all our spinning, so he launched behind us. He got some mad traction and just went around us like we were nothing (AWD launches are amazing) and sped off onto the highway.
Anyways, we caught up to them pretty fast and the rain cleared up pretty quick. The asian girl was in the back seat waving at us and we're pretty sure she pulled up her top and flashed us (pretty hard to see thru the back of a wagon). A few miles later the wagon slowed down a lil and then started skidding sideways along the road. We thought the dude was screwed, but it turns out he was just drifting onto a back road. He drifted onto the gravel road, got traction right away and sped off down the road. That was the last we saw of them.
So yah, we got a lesson in AWD that day and now my buddy wants a WRX. He likes the ITR's handling but doesn't do any auto-crossing or anything where he really needs it. He's also a domestic convert (mustang) and would like a car easy to play with (cheap and easy mods, much better than ITR). He also always bitches about how stripped his ITR is (no stereo or A/C) and saw that the WRX comes with an in-dash 6 cd changer and a/c. 4 doors, higher ride (low rides are really annoying to drive around Canada with our potholes in addition to speed bumps and ramps), super speed, AWD and above average handling. Anyways, he figures its the car for him and I agree.
We also looked at the Impreza TS Wagon. Not a bad package at all, only $22,000 CAN (~$13,500 US conversion, not sure about the MSRP) which is 3.5 grand CAN cheaper than a civic si hatch (SiR in Canada) and has more power (165 hp compared to 160hp), way more torque (166@4000 compared to 132@5000) and AWD. It's a pretty impressive package for a cheap price, much like the WRX.
I'm starting to like Subaru a lot more. Perfomance cars with great pricing. We just have to hope the other car companies follow suit (either lower their prices or jack up performance). Mitsu will be releasing the Evo, Mazda has the Mazdaspeed Protege and Dodge is coming out with the Neon SRT-4, so it looks like its working so far. Just gotta hope Honda, Acura do the same.
Oh and before I get flamed, I love my ITR and would never trade it for a WRX. I admire the performance and the overall package, but it's not for me. I like my car's handling, looks and the Honda reliability. The WRX is ugly as heck (well the looks grow on you kind of like a bulldog), has too much body roll for my taste and although Subaru is very good, I don't think they are up to Honda's standards in terms of reliability. I just hope that Honda/Acura takes Subaru's lead and starts offering performance cars at economical prices.
Anyways, sorry for the long post. First time here. Let me know your thoughts on the trade. Thanks.
Member
Joined: Jul 2001
Posts: 5,980
Likes: 0
From: Charlotte, NC, USA
Re: Trade a 2001 ITR for a WRX? (sleekitr)
He's just wondering if it's a good deal to trade his car with one of our friend's (she has a WRX, but likes the ITR more) stock for stock.
i'd say thats a very VERY fair trade....in fact your lady friend is basically getting the shaft if she does this trade.
hehe, shaft.
Honda-Tech Member
Joined: Jan 2000
Posts: 9,684
Likes: 1
Re: Trade a 2001 ITR for a WRX? ( Rob)
He's just wondering if it's a good deal to trade his car with one of our friend's (she has a WRX, but likes the ITR more) stock for stock.
i'd say thats a very VERY fair trade....in fact your lady friend is basically getting the shaft if she does this trade.
hehe, shaft.
i'd say thats a very VERY fair trade....in fact your lady friend is basically getting the shaft if she does this trade.
hehe, shaft.
Joined: May 2002
Posts: 3,957
Likes: 0
From: Hype R less in Pa...
Re: Trade a 2001 ITR for a WRX? (sleekitr)
hrmmm....interesting question - My first thought is, what year is the WRX?? I'm guessing 2002 cause they weren't available (at least in US) in '01. If the WRX is an '02 it might make sense financially. Although if your buddy is thinking about resale value, then the ITR would be a better choice. I think that the R is a special car, and its definately not for everyone (it's loud, rough, and sparce - but that's why I like it ) So the WRX might make a better daily driver for your friend, if he never has any plans for racing or autocrossing. I personally would be nervous trading Honda reliability for Suburu's "questionable" build quality - although I havn't heard of any major problems yet. Key points your friend should consider:
1. How important is HANDLING to him? Even if he replaces the entire suspension on the WRX the handling will still struggle to perform as well as the STOCK ITR'S...
2. Braking - the R can stop from sixty miles per hour in less than 120 feet... the WRX is not even in the same ballpark... Are you willing to rebuild the entire braking system to meet the standards set by the STOCK ITR??
3. Acceleration - the WRX is hella fast, and can be made much faster for relatively cheap $$ not much competition here, but stock for stock the two cars are very close.
4. Reliability - Honda has a proven track record of reliability with the DC2 integras, and they have been in production since 94... the WRX is a first year car, and Subaru's build quality and reliability have not been anywhere close to honda's.... see consumer reports if you don't believe me. Oh, and turbo motors have also been consistently less reliable than N/A motors in the past...
5. Looks - duhh... on the exterior at least, no contest here - ITR woops on the Rex... Interior is a bit of a toss up - WRX has nicer steering wheel, and nice seats... I like my USDM R seats, so this is a matter or personal preference...
6. Theft.... no contest - ITR needs an armed guard, where a WRX can pretty much slip right by unnoticed - and with a WRX you don't have to worry about people stealing parts for thier POS Civics!!
Despite it's faults, I love my R and would never trade it, but that's just my $.02...
Nick
) So the WRX might make a better daily driver for your friend, if he never has any plans for racing or autocrossing. I personally would be nervous trading Honda reliability for Suburu's "questionable" build quality - although I havn't heard of any major problems yet. Key points your friend should consider:1. How important is HANDLING to him? Even if he replaces the entire suspension on the WRX the handling will still struggle to perform as well as the STOCK ITR'S...
2. Braking - the R can stop from sixty miles per hour in less than 120 feet... the WRX is not even in the same ballpark... Are you willing to rebuild the entire braking system to meet the standards set by the STOCK ITR??
3. Acceleration - the WRX is hella fast, and can be made much faster for relatively cheap $$ not much competition here, but stock for stock the two cars are very close.
4. Reliability - Honda has a proven track record of reliability with the DC2 integras, and they have been in production since 94... the WRX is a first year car, and Subaru's build quality and reliability have not been anywhere close to honda's.... see consumer reports if you don't believe me. Oh, and turbo motors have also been consistently less reliable than N/A motors in the past...
5. Looks - duhh... on the exterior at least, no contest here - ITR woops on the Rex... Interior is a bit of a toss up - WRX has nicer steering wheel, and nice seats... I like my USDM R seats, so this is a matter or personal preference...
6. Theft.... no contest - ITR needs an armed guard, where a WRX can pretty much slip right by unnoticed - and with a WRX you don't have to worry about people stealing parts for thier POS Civics!!
Despite it's faults, I love my R and would never trade it, but that's just my $.02...
Nick
Honda-Tech Member
Joined: Oct 2000
Posts: 4,406
Likes: 0
From: Brooklyn, NY
Re: Trade a 2001 ITR for a WRX? (sleekitr)
At first it looks like a fair trade, but the resale value on ITRs is holding strong (even going up) while WRXs will prolly drop since they will be in constant production for the next while.
00 ITR cost $24,500 new. Now its worth $21,000
00 S2000 cost $45,000 new. Now its worth $25,000
2 years from now, your ITR will probably we worth $5,000 less than it is now, the WRX about $10,000 less.
[Modified by jond, 1:21 PM 7/3/2002]
Honda-Tech Member
Joined: Oct 2000
Posts: 4,406
Likes: 0
From: Brooklyn, NY
Re: Trade a 2001 ITR for a WRX? (jond)
Heres another compareson to demonstrate the ITRs value:
00 GT Mustang $25,000 new. Now its worth $15,200 (nadaguides.com)
00 ITR $24,500 new. Now its worth $21,000 (nadaguides.com)
00 GT Mustang $25,000 new. Now its worth $15,200 (nadaguides.com)
00 ITR $24,500 new. Now its worth $21,000 (nadaguides.com)
Trending Topics
Honda-Tech Member
Joined: Jan 2000
Posts: 26
Likes: 0
From: Canada
Re: Trade a 2001 ITR for a WRX? (Philly_NBP_R)
>>>>Even if he replaces the entire suspension on the WRX the handling will still struggle to perform as well as the STOCK ITR'S...
I own, worked and driven both cars and I wouldn't agree this statement. Stock suspension on Subaru is in fact nothing to talk about. But a set of WRX v5 stuct paired with a set of aftermarket spring is about the same as ITR's stock. This is just straight from Subaru, not to mention there are a ton more suspension tuning products like Cusco, Tein, Leda, DMS, STi, etc...
A lot of time, the tire is the biggest improvement to begin with. The shitty RE92 stock from Subaru is again nothing to write home about.
I think ppl should learn more before make generalised statement like this.
[Modified by 97ITR217, 11:18 AM 7/3/2002]
I own, worked and driven both cars and I wouldn't agree this statement. Stock suspension on Subaru is in fact nothing to talk about. But a set of WRX v5 stuct paired with a set of aftermarket spring is about the same as ITR's stock. This is just straight from Subaru, not to mention there are a ton more suspension tuning products like Cusco, Tein, Leda, DMS, STi, etc...
A lot of time, the tire is the biggest improvement to begin with. The shitty RE92 stock from Subaru is again nothing to write home about.
I think ppl should learn more before make generalised statement like this.
[Modified by 97ITR217, 11:18 AM 7/3/2002]
Honda-Tech Member
Joined: Aug 2000
Posts: 2,677
Likes: 0
From: somewhere in, CT, USA
Re: Trade a 2001 ITR for a WRX? (Philly_NBP_R)
i just drove a wrx yesterday, didnt exactly impress me too much, then again it could be cause it was very quite. my friend said hed sell it right now for $21,000 its only got 2k miles too. hes gotten 2 reckless driving tickets since hes owned it! 
Joined: May 2002
Posts: 3,957
Likes: 0
From: Hype R less in Pa...
Re: Trade a 2001 ITR for a WRX? (97ITR217)
>>>>Even if he replaces the entire suspension on the WRX the handling will still struggle to perform as well as the STOCK ITR'S...
I own, worked and driven both cars and I wouldn't agree this statement. Stock suspension on Subaru is in fact nothing to talk about. But a set of WRX v5 stuct paired with a set of aftermarket spring is about the same as ITR's stock. This is just straight from Subaru, not to mention there are a ton more suspension tuning products like Cusco, Tein, Leda, DMS, STi, etc...
A lot of time, the tire is the biggest improvement to begin with. The shitty RE92 stock from Subaru is again nothing to write home about.
I think ppl should learn more before make generalised statement like this.
[Modified by 97ITR217, 10:42 AM 7/3/2002]
I own, worked and driven both cars and I wouldn't agree this statement. Stock suspension on Subaru is in fact nothing to talk about. But a set of WRX v5 stuct paired with a set of aftermarket spring is about the same as ITR's stock. This is just straight from Subaru, not to mention there are a ton more suspension tuning products like Cusco, Tein, Leda, DMS, STi, etc...
A lot of time, the tire is the biggest improvement to begin with. The shitty RE92 stock from Subaru is again nothing to write home about.
I think ppl should learn more before make generalised statement like this.
[Modified by 97ITR217, 10:42 AM 7/3/2002]
Thread Starter
Joined: Jun 2002
Posts: 11
Likes: 0
Re: Trade a 2001 ITR for a WRX? (lucas569)
Wow thanks for the replies.
I knew that the ITRs resale was holding, but I didn't know that much. And I really didn't know that the s2000 would drop so low in 2 years (20 grand in 2 years is nuts). I'll talk to my friend about it and we'll decide.
As for how quiet the wrx is, his brother has a new mustang GT so he can drive a loud car whenever he wants. Thanks for the help guys, gotta go for lunch. check back later.
I knew that the ITRs resale was holding, but I didn't know that much. And I really didn't know that the s2000 would drop so low in 2 years (20 grand in 2 years is nuts). I'll talk to my friend about it and we'll decide.
As for how quiet the wrx is, his brother has a new mustang GT so he can drive a loud car whenever he wants. Thanks for the help guys, gotta go for lunch. check back later.
Member
Joined: Jul 2001
Posts: 5,980
Likes: 0
From: Charlotte, NC, USA
Re: Trade a 2001 ITR for a WRX? (sleekitr)
honestly, if someone offered me a straight up trade for an 02 WRX, wow, i would be very very tempted. Actually, the thought scares me how tempted i would be.....WRX, add a lil boost, rumblin exhaust, some coilovers.......
Honda-Tech Member
Joined: Jan 2000
Posts: 9,684
Likes: 1
Re: Trade a 2001 ITR for a WRX? (jond)
At first it looks like a fair trade, but the resale value on ITRs is holding strong (even going up) while WRXs will prolly drop since they will be in constant production for the next while.
Look at it this way.
00 ITR cost $24,500 new. Now its worth $21,000
00 S2000 cost $45,000 new. Now its worth $25,000
2 years from now, your ITR will probably we worth $5,000 less than it is now, the WRX about $10,000 less.
[Modified by jond, 1:21 PM 7/3/2002]
Look at it this way.
00 ITR cost $24,500 new. Now its worth $21,000
00 S2000 cost $45,000 new. Now its worth $25,000
2 years from now, your ITR will probably we worth $5,000 less than it is now, the WRX about $10,000 less.
[Modified by jond, 1:21 PM 7/3/2002]
with TT&L my friend got it for 36 out the door.
Honda-Tech Member
Joined: Oct 2000
Posts: 4,406
Likes: 0
From: Brooklyn, NY
Re: Trade a 2001 ITR for a WRX? (Soup ****)
what kinda crackhead buys a s2k for 45k?
http://en.carpoint.msn.ca/vip/Overvi.../S2000/new.asp
Joined: May 2002
Posts: 3,957
Likes: 0
From: Hype R less in Pa...
Re: Trade a 2001 ITR for a WRX? (jond)
Joined: Jun 2002
Posts: 272
Likes: 0
From: Bay Area, CA, USA
Re: Trade a 2001 ITR for a WRX? (sleekitr)
2000 Honda S2000 MSRP = $32,400
2000 Honda S2000 retail price (as of now) = $33,675 (www.kbb.com)
Kelley Blue Book is the official source dealers use. So, actually, the S2000 didn't drop $20,000 in 2 years. It's actually worth more than MSRP. Of course, you're not going to sell your S2000 for retail price, especially trading it in to a dealer, but it's value is still extremely high. And, I don't know anybody who paid $45,000 for a new S2000. That's ridiculous. Many people buy brand new S2000's for MSRP, which comes out to about $36,000 out the door. Because S2000's are limited (although not as limited as ITR's), they also hold high resale value. I think a WRX will drop in resale value by a lot. I see them everywhere I go, and every dealership always has a ton of them in stock. They're still nice cars though.
2000 Honda S2000 retail price (as of now) = $33,675 (www.kbb.com)
Kelley Blue Book is the official source dealers use. So, actually, the S2000 didn't drop $20,000 in 2 years. It's actually worth more than MSRP. Of course, you're not going to sell your S2000 for retail price, especially trading it in to a dealer, but it's value is still extremely high. And, I don't know anybody who paid $45,000 for a new S2000. That's ridiculous. Many people buy brand new S2000's for MSRP, which comes out to about $36,000 out the door. Because S2000's are limited (although not as limited as ITR's), they also hold high resale value. I think a WRX will drop in resale value by a lot. I see them everywhere I go, and every dealership always has a ton of them in stock. They're still nice cars though.
New User
Joined: Aug 2001
Posts: 934
Likes: 0
From: MIA, FL, USA
Re: Trade a 2001 ITR for a WRX? (H-PIMP)
I'm partial to my ITR, but consider this: spend $2k on a ITR = pretty quick, great handling all-around low 14sec. car. Now, spend the same $2k on a WRX & you have a low 13sec. car w/ a hell of a hole shot! No flames...just food for thought! 
Joined: Mar 2002
Posts: 608
Likes: 0
Re: Trade a 2001 ITR for a WRX? (sleekitr)
How do you guys see the value of a 2001 ITR vs a 2002 WRX in say 2 or 3 years?
A friend traded his stock 98 R for a new 02 WRX. Hes happy with the WRX, but the modifing bug has bitten him badly.
