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Old 03-09-2006, 10:57 PM   #1
joeyb7
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Default Kelley Blue Book - 2004 vs. 2005 STI

I was looking at used STI's and putting in the following years/mileage:

2004 STI - 45K miles
2005 STI - 45K miles (miles just for comparison)

Why are the retail, trade-in and private sale values for the 2005 STI LOWER(almost 1K in some cases) than for the 2004 STI? Doesn't seem to make sense to me... why is this the case? Does it assume that if you already had 45K miles on an 05 that it's been beat up?? Am I missing something here?

Thanks everyone.
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Old 03-09-2006, 11:04 PM   #2
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doesnt make sense to me.

I think it must be due to the high milage in the short time. Wait another year and I bet that changes back to what you would more expect.
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Old 03-09-2006, 11:19 PM   #3
joeyb7
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Quote:
Originally Posted by Davenow
doesnt make sense to me.

I think it must be due to the high milage in the short time. Wait another year and I bet that changes back to what you would more expect.
I agree... but I still had to check it twice to make sure there wasn't something wrong with the site. Must be the math used to calculate the approximate values.

But then again, any used 2005 STI I've looked at that's say 30K vs. a 2004 with the only a little more mileage on it is pretty close in value. I'd think there would be a big jump in value on the 05.
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Old 03-09-2006, 11:29 PM   #4
zmaster
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its all about wear and tear....cos i ran into the same situation when i went to sell my 05 2.5RS....the 05 had more wear and tear than the 04..its as simple as that...i would much rather go for the 04 in this case...
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Old 03-10-2006, 12:41 AM   #5
06blacksti
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mileage
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Old 03-10-2006, 12:41 AM   #6
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Thing is, to get the same high milage, in half the time, its MUCh more likely its mostly highway miles. Highway miles put far less wear on the car. Its insane something liek 100k highway miles=30k city or something nuts like that.
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Old 03-10-2006, 10:32 AM   #7
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Quote:
Originally Posted by Davenow
Thing is, to get the same high milage, in half the time, its MUCh more likely its mostly highway miles. Highway miles put far less wear on the car.
exactly. I have noticed the same thing at Edmunds pricing out values for my '05. It gets a "high mileage" penalty, which really makes no sense, since it would likely be in better shape than an '04 with the same miles. I wonder if I sat on the car and didn't drive it for 6 months, would the value actually go up?

Also, Subaru releases new models pretty early in the calendar year - that kind of messes things up a bit. The first allocation of '05s could be pushing 22k now at 1k/mo.
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Old 03-10-2006, 12:05 PM   #8
Pete Holt
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I have noticed this as well. It has to do with the mileage falling into an average number based on what year it is. The '05 will be more out of that average than the '04 and thus will have a higher mileage penalty. But I agree, when you look at it logically, it does not make any sense. What happens if you try it with 15,000 miles on an '04 and an '05?
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Old 03-10-2006, 02:15 PM   #9
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Just remember that kbb is not based on a comprehensive survey of real sales prices. It's not worth trying to deconstruct something that's not real.
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Old 03-10-2006, 02:25 PM   #10
-Kevlar-
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mileage accounted for about 450 bucks in my case last night when i traded.
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Old 03-10-2006, 02:28 PM   #11
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There is no reason for an 05 to be worth less than an 04 besides Kelley's model being screwed up. I never liked Kelley's.

It should be close, but the 05 should be worth more. It actually came with a stereo and floormats, even if there isn't a lot of other big changes.
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Old 03-10-2006, 02:30 PM   #12
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High Mileage generally means you are in the car far more and drive it a lot further for longer, which could very well mean that your car is in worse shape..

doesnt mean its nessisarly true or not, but thats how they judge it.
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Old 03-10-2006, 02:31 PM   #13
amukaoen
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No one wants a car that hasnt spent much time sitting in the garage.
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Old 03-10-2006, 02:41 PM   #14
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no idea. But cars are horrible investments...get what you want and just keep it till it dies. late-build '05 is definitely better.
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