Welcome to the North American Subaru Impreza Owners Club Tuesday September 30, 2014
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
Vancouver Impreza Club
Here you can view your subscribed threads, work with private messages and edit your profile and preferences Home Registration is free! Visit the NASIOC Store NASIOC Rules Search Find other members Frequently Asked Questions Calendar Archive NASIOC Upgrade Garage Logout
Go Back   NASIOC > NASIOC Chapters > Vancouver Impreza Club Forum -- VIC

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads.
Reply
 
Thread Tools Display Modes
Old 11-20-2003, 02:36 PM   #1
deft
Scooby Specialist
 
Member#: 46624
Join Date: Oct 2003
Location: Vancouver, BC
Vehicle:
2004 WRX
World Rally Blue

Have a Nice Day? Subaru Resell value

How well do you think a WRX will hold it's value in comparison to something like an RSX? or a toyota?

Problem is, I was thinking of getting a WRX for a long time, but I don't want to lose a ton of money on the resell value, and even though I won't be able to do everything I wanted with an RSX, at least I would be able to get a decent trade-in value.

I had my heart set on, the AWD, and the stock turbo(I was planning upgrades) but right now it just doesn't seem viable, money-wise, in the long run.
* Registered users of the site do not see these ads.
deft is offline   Reply With Quote
Old 11-20-2003, 02:47 PM   #2
Benjamin Tang
Scooby Guru
 
Member#: 4496
Join Date: Feb 2001
Location: British Columbia Canada
Vehicle:
2009 Forester
red

Default

all i know is a used 2002 goes for $28-31k from my brief glance in the classifieds. $28k was a private sale for a sedan, the $31k was a dealer wagon. these used to go for $35k++ new?

also the new body update this year didn't help
Benjamin Tang is offline   Reply With Quote
Old 11-20-2003, 04:22 PM   #3
youthanasia
Scooby Specialist
 
Member#: 1883
Join Date: Jul 2000
Chapter/Region: VIC
Location: Burnaby, BC, Canada
Vehicle:
2013 R60S All4

Default

The pre-02's hold their value really well though.
youthanasia is offline   Reply With Quote
Old 11-20-2003, 04:23 PM   #4
Benjamin Tang
Scooby Guru
 
Member#: 4496
Join Date: Feb 2001
Location: British Columbia Canada
Vehicle:
2009 Forester
red

Default

yikes!

2004 SUBARU IMPREZA WRX, 4 dr, awd, auto, 29000 kms Silver. $30995. Stk# P4279. CALL DON DOCKSTEADER CLEARANCE CENTER $30995 Tel: 604-325-1000
Benjamin Tang is offline   Reply With Quote
Old 11-20-2003, 04:27 PM   #5
2wheelsx2
Scooby Specialist
 
Member#: 44045
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancouver, BC, Canada
Vehicle:
2004 Impreza WRX
White

Default

That's not that great a deal. 29k km's and the car is only what, 6 months old? That's really high mileage. And MSRP on those are $36900 or so? So, that's 6 grand off. I would think that it's pretty much 10% off the as-new value when you drive a new car off the lot, unless it's a collectible. So this car is only about $2k off the price you would expect any other Japanese car. With the high mileage, I would say that it's a fair price.
2wheelsx2 is offline   Reply With Quote
Old 11-20-2003, 04:30 PM   #6
Benjamin Tang
Scooby Guru
 
Member#: 4496
Join Date: Feb 2001
Location: British Columbia Canada
Vehicle:
2009 Forester
red

Default

2002 SUBARU Impreza WRX, this car is like new, 23k kms, auto, unbelievable handling, red ext, 227 hp Turbo 2L, full time all whl dr, all stock & untouched, 4 drs, just nds a driver $24,500 obo. New Westminster $24500 Tel: 604-526-4343
Benjamin Tang is offline   Reply With Quote
Old 11-20-2003, 04:33 PM   #7
2wheelsx2
Scooby Specialist
 
Member#: 44045
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancouver, BC, Canada
Vehicle:
2004 Impreza WRX
White

Default

Dang! NOW THAT'S A GOOD DEAL!

Too bad we just bought an '04
2wheelsx2 is offline   Reply With Quote
Old 11-20-2003, 05:53 PM   #8
AllWheelDrift
Scooby Specialist
 
Member#: 9191
Join Date: Aug 2001
Location: Vancouver, BC
Vehicle:
2002 Impreza 2.5TS
Blue Ridge Pearl

Default

Wow, if that were a wagon, I'd be tempted to trade in my TS.
AllWheelDrift is offline   Reply With Quote
Old 11-20-2003, 06:02 PM   #9
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

Quote:
Originally posted by 2wheelsx2
That's not that great a deal. 29k km's and the car is only what, 6 months old? That's really high mileage. And MSRP on those are $36900 or so? So, that's 6 grand off. I would think that it's pretty much 10% off the as-new value when you drive a new car off the lot, unless it's a collectible. So this car is only about $2k off the price you would expect any other Japanese car. With the high mileage, I would say that it's a fair price.
Isn't the point that they hold their falue really well? I don't think anyone said it was a great deal.
tora is offline   Reply With Quote
Old 11-20-2003, 07:14 PM   #10
2wheelsx2
Scooby Specialist
 
Member#: 44045
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancouver, BC, Canada
Vehicle:
2004 Impreza WRX
White

Default

That's what I meant, actually. The devaluation is pretty average for any Japanese car, I think. Only exception being the RX-8, which can't even be had anymore until MY05 I think. Anyone who got one of the 04's can make some coin.
2wheelsx2 is offline   Reply With Quote
Old 11-20-2003, 07:16 PM   #11
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

I don't think Subaru's devaluation is normal for Japanese cars, it is unique as it is an all-wheel-drive vehicle and are still not as common place on the road as tercels, accords and civics (too name a few). So, their resale value tends to be much higher.
tora is offline   Reply With Quote
Old 11-20-2003, 07:20 PM   #12
2wheelsx2
Scooby Specialist
 
Member#: 44045
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancouver, BC, Canada
Vehicle:
2004 Impreza WRX
White

Default

Maybe. I am a Subie newbie (just got a WRX last month), so I don't have any historical knowledge.

I know that I sold a 12 year old Toyota p/u for close to $8k 4 years ago, and that Hondas hold their value better than almost all cars on the market. The ICBC surveys show this.
2wheelsx2 is offline   Reply With Quote
Old 11-20-2003, 07:29 PM   #13
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

You're absolutely right, most Japanese cars hold their value far better than their American counterparts, but newer Subaru's hold their value better than most others.
tora is offline   Reply With Quote
Old 11-20-2003, 07:33 PM   #14
2wheelsx2
Scooby Specialist
 
Member#: 44045
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancouver, BC, Canada
Vehicle:
2004 Impreza WRX
White

Default

I thought the older Imprezas were the real hot items....simpler (no turbo), lighter, 2 doors, easier to mod, etc? Or do you mean mid 90's as newer?
2wheelsx2 is offline   Reply With Quote
Old 11-20-2003, 07:36 PM   #15
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

Well, depends on the car really. But 98 and up hold their value extremely well. Some older ones hold their value quite well like the old Legacy Turbos. There isn't a huge market up here right now to buy the old Impreza L's and one not so they are a reasonable buy but they too hold their value quite well.
tora is offline   Reply With Quote
Old 11-20-2003, 08:08 PM   #16
deft
Scooby Specialist
 
Member#: 46624
Join Date: Oct 2003
Location: Vancouver, BC
Vehicle:
2004 WRX
World Rally Blue

Default

Do you still think they hold their value well in respect to honda/toyota?
deft is offline   Reply With Quote
Old 11-20-2003, 08:58 PM   #17
KIMUTAKU
Scooby Specialist
 
Member#: 19776
Join Date: Jun 2002
Chapter/Region: VIC
Location: Vancouver, Canada
Vehicle:
2012 GVF SWP
Ninja Lime Green

Default

my previous 99 honda accord V6 w/ 60000km, no accident like new inside and out (took really good care)....was worth $21000..

fair deal if u ask me...the dealer book at that time said $19k..


i've seen very high price in some old school impreza...

so i say subaru stands against honda and toyota pretty well...
KIMUTAKU is offline   Reply With Quote
Old 11-20-2003, 09:10 PM   #18
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

As a full line-up I would say yes, they hold their value more so than Toyota or Honda.
tora is offline   Reply With Quote
Old 11-20-2003, 09:43 PM   #19
Davidhtam
Scooby Specialist
 
Member#: 30107
Join Date: Nov 2002
Location: Close to a big WHITE rock
Vehicle:
90 Acura Integra
Melbourn Blue Metallic

Default

Quote:
Originally posted by Benjamin Tang
2002 SUBARU Impreza WRX, this car is like new, 23k kms, auto , unbelievable handling, red ext, 227 hp Turbo 2L, full time all whl dr, all stock & untouched, 4 drs, just nds a driver $24,500 obo. New Westminster $24500 Tel: 604-526-4343
Davidhtam is offline   Reply With Quote
Old 11-21-2003, 12:36 AM   #20
STi-Mulation
Scooby Newbie
 
Member#: 34722
Join Date: Apr 2003
Location: Westside, Vancouver
Vehicle:
05 BMX
Black

Default

Quote:
Originally posted by Benjamin Tang
2002 SUBARU Impreza WRX, this car is like new, 23k kms, auto, unbelievable handling, red ext, 227 hp Turbo 2L, full time all whl dr, all stock & untouched, 4 drs, just nds a driver $24,500 obo. New Westminster $24500 Tel: 604-526-4343
Wow a pretty good deal....

If I did not own the sedan I would seriously consider this cause I really need a "fun" wagon to haul my stuff to and fro work everyday..... driving the SUV sucks.....
STi-Mulation is offline   Reply With Quote
Old 11-21-2003, 01:25 AM   #21
deft
Scooby Specialist
 
Member#: 46624
Join Date: Oct 2003
Location: Vancouver, BC
Vehicle:
2004 WRX
World Rally Blue

Default

Quote:
Originally posted by 2wheelsx2
Maybe. I am a Subie newbie (just got a WRX last month), so I don't have any historical knowledge.

I know that I sold a 12 year old Toyota p/u for close to $8k 4 years ago, and that Hondas hold their value better than almost all cars on the market. The ICBC surveys show this.
Anyone know where I can find this survey?
deft is offline   Reply With Quote
Old 11-21-2003, 01:30 AM   #22
2wheelsx2
Scooby Specialist
 
Member#: 44045
Join Date: Sep 2003
Chapter/Region: VIC
Location: Vancouver, BC, Canada
Vehicle:
2004 Impreza WRX
White

Default

I have friends who work at ICBC who told me this. They do these surveys so to use to valuate your car when it gets totalled. As for getting your hands on one, I don't know if it's a public document.

I have always been told by my ICBC friends that if you want a reliable car which has good resale value, go for a Honda, then a Toyota....I guess back then, Subaru's weren't very popular. I suspect Subie's are on list good list too now.
2wheelsx2 is offline   Reply With Quote
Old 11-21-2003, 01:44 PM   #23
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

I don't know if Subaru's would classify as "as reliable as Honda's and Toyota's" but they still have a high resale value here.
tora is offline   Reply With Quote
Old 11-21-2003, 01:50 PM   #24
AllWheelDrift
Scooby Specialist
 
Member#: 9191
Join Date: Aug 2001
Location: Vancouver, BC
Vehicle:
2002 Impreza 2.5TS
Blue Ridge Pearl

Default

Well, one thing about Honda and Toyota is they are high on the theft list too.
AllWheelDrift is offline   Reply With Quote
Old 11-21-2003, 01:57 PM   #25
tora
Scooby Guru
 
Member#: 5851
Join Date: Apr 2001
Chapter/Region: VIC
Location: Vancouver
Vehicle:
09 Forester XT
+ NA Miata

Default

Goodpoint AWD.....when I had a Civic Si it was stolen twice in 3 years and stripped of all aftermarket goodies. I've never had my lovely legacy wagon even looked at by thieves....
knock on wood...y
tora is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
FS: (HR) Subaru STi and WRX parts - exhaust, dp, uppipe, FMIC, UTEC, CAI, etc. azrakain MAIC Private Classifieds 71 06-02-2011 08:21 PM
99 Subaru Outback Shifting problem gifters Transmission (AT/MT) & Driveline 5 07-03-2010 03:05 AM
Subaru Resale Value WRXVT General Community 7 10-08-2003 02:05 PM
subaru reselling value? chobits General Community 9 10-22-2002 11:17 PM


All times are GMT -4. The time now is 08:33 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2014 Axivo Inc.
Copyright ©1999 - 2014, North American Subaru Impreza Owners Club, Inc.