Stock 15K mile 2014 STI Sells for $50k

[CoronaWRX]

I was following this on Bring a Trailer and was surprised to see this go for $50k. I hope this trend continues with our cars. Future Classic?
https://bringatrailer.com/listing/20...i-hatchback-8/

[lefty o]

whats the old saying, " a sucker born every minute".

[Foo_Blyat]

Bring a trailer seems to bring in the big bucks for selling cars. I saw a 99 civic si go for 50,000$.

That's definitely the place to list a car if you want way over market value.

[Jedi03]

who is buying cars at those prices? goodness...maybe im just not blinded by the green of cash flow...?

[Jack]

I wonder if the buyer actually paid that money or if he bid and then ghosted, abandoning his account. Paying that much for that car is just stupid.

[CoronaWRX]

Originally Posted by Jack

I wonder if the buyer actually paid that money or if he bid and then ghosted, abandoning his account. Paying that much for that car is just stupid.

I looked at his purchase history, looks legit and appears he went to view the car in person.

https://bringatrailer.com/member/bmercer/

[Foo_Blyat]

Originally Posted by CoronaWRX

I looked at his purchase history, looks legit and appears he went to view the car in person.

https://bringatrailer.com/member/bmercer/

Dang! This dude's got some serious cash..he's spent over half a million. Bought up 3 sti's too

[CoronaWRX]

Originally Posted by Foo_Blyat

Dang! This dude's got some serious cash..he's spent over half a million. Bought up 3 sti's too

I wonder if guys like this buy to resell a few years down the road as investments or maybe just collectors expanding their warehouse collections.

[rtv900]

Originally Posted by CoronaWRX

I wonder if guys like this buy to resell a few years down the road as investments or maybe just collectors expanding their warehouse collections.

It's one thing if you just want that car and can pay for it.

But to buy that as an 'investment' would be downright idiotic.
If you want to invest 50 grand put it in a company stock that tanked when our government decided it would be wise to self destruct the entire economy except for tech companies.

[Dave D.]

No substitute for a wagon/hatch. And don't forget the horrid instrument panels on the newer Subies for that matter.

[ttnio]

leave the buyer alone, you can also buy something at that height.

[B03scooby]

Link to an eco selling for over 100k


https://www.thedrive.com/article/126...more-than-100k

[m016324]

usually premium cars being sold there. Those with fewer miles high options ect. A lot of people that used to go to the big auctions (Mecum, Barrett-Jackson, Bonham, ect) are moving to online platform like BAT. This era of car is also coming into the high point with people who wanted these in high school or college now have enough money to buy whatever they want so they get what they consider to be the best version.

[Foo_Blyat]

Originally Posted by m016324

usually premium cars being sold there. Those with fewer miles high options ect. A lot of people that used to go to the big auctions (Mecum, Barrett-Jackson, Bonham, ect) are moving to online platform like BAT.

Yea, it's a whole different ball game. On here you have middle class trying to low ball each other but on BaT it's millionaires looking to snag up clean Subarus.

The guy who won YamahaSho's (a member on here)
car https://bringatrailer.com/listing/20...za-wrx-sti-25/ also purchased a 2018 ford GT for $826,000 https://bringatrailer.com/listing/2018-ford-gt/

We think it's stupid to spend 30k-50k on an sti because we're "broke", but these guys buying them have money to wipe their asses with.

[5UBE]

A few notes from an old guy:


1. If you get lucky, you can sometimes find a ‘deal’ on BaT. I comment on there fairly often when I feel that I have the expertise to say something helpful, usually about cars from the ‘60s or ‘70s. Some of the bidders on BaT are exotic car dealers who cater to an exclusive clientele. They’re willing to buy at-or-above market for top-drawer examples, knowing that their customers will pay a premium because they don’t want to take the time to search for a specific car. I’ve been looking for a particular model 911 for several years. When I bid on BaT or any other auction site, I set a strict limit on my bidding and so far have always been out-bid.


2. I’d say that many of the bidders on BaT, Hemmings and similar sites are buying ‘toys’. We’re willing to pay for very nice cars that don’t get driven every day and that we’re planning to keep for years. For example, my WRX gets only a couple of thousand miles a year because I have other cars to use as daily drivers. Since I’ve retired, anything I buy has to meet a standard: If it doesn’t make me smile when I open the garage door, it gets sold.


3. While I certainly don’t have ‘money to wipe my ass with’, I do have a ‘toy fund’ for buying cars and parts. If I sell a car, the money goes back into the fund. If you’re even moderately good at managing money, you can do the same.

[Jedi03]

looking at it from as close to their perspective as possible like that, I can appreciate that they are getting what they want, who cares the cost...

[coop3422]

I was watching that one. If it was WRB it would have went for much more IMO.

BaT brings the money for pristine, low mileage JDM goodness. IMO it's because people in their late twenties through thirties always lusted for them as kids, and finally have money to buy such a car but finding clean ones is so hard. Hence the high prices.

[NighthawkSTI]

it says bring a trailer writes the listing for the seller, do they also arrange delivery/pickup details for the buyer and seller? Just curious how these auctions differ from Ebay auto sales.

[Jedi03]

Great advice! Thank you, am on the early end toward that type of planning..hope my investing now pays off to allow me to do the same when I get to that point in my life! I personally am always glad to hear good retirement stories of people getting to enjoy life!

[BlackFighter]

LOL I just bought a 2005 STi very clean with only 70k miles on the drivetrain for $7,500. This is a joke or fake. Most likely the site themselves bid on their items as a marketing scheme, or kids who are just playing around abandons the account after they win the bid and never pay. Good for the action because they just leave it on their site that it was sold at $50k. A 2014 STi is not a limited STi or anything special. Not even a limited color like i had on my 2004 STi that was Java pearl black.

but on BaT it's millionaires looking to snag up clean Subarus.

Yha no. Millionaires will never waist their money on something like a used Subaru. Think more like a used Lambo, Or a limited edition Koenigsegg.

[JP Chestnut]

Originally Posted by BlackFighter

LOL I just bought a 2005 STi very clean with only 70k miles on the drivetrain for $7,500..

There's a world of difference between a car with 70,000 miles and one with 15,000 miles. I'd never buy this BaT car, but there are lots of picky people with a lot of money to spend on cars that they couldn't afford to buy when new.

[BlackFighter]

......

[SeanRS203]

Wow bought my 09 hatch STi for wayyyy less than that. Did I just make a financial home run??? Jk that’s a crazy value

[BlackFighter]

but there are lots of picky people with a lot of money to spend on cars that they couldn't afford to buy when new.

What? this makes no sense. So they had no money to buy the car for $35k new, so 6 years later they spend $50k on a used one?

Here, 2014 STi with 31k miles WRB on it for $30K. Even this is on a high note

https://www.carfax.com/vehicle/JF1GR8H68EL245846


Again, I'm 100% sure no one bought that car for $50k. That is just out right retarded. Now if it was a 2005 or a 2007 STi Limited with 15k miles, them maybe, and that is a big maybe, I might understand that. The 2004-2007 STi with low miles super clean are more in demand then the later years.

[rtv900]

Originally Posted by BlackFighter

What? this makes no sense. So they had no money to buy the car for $35k new, so 6 years later they spend $50k on a used one?

^right here

The logic of "guys who couldn't afford it back in the day now can. . ." does NOT apply to a 6 year old car, period.

That logic applies to a 1985 testarossa that was hanging on a guys wall when he was 13 and now he's 48 and can afford it.
And keep in mind that testarossa depreciated like ANY car for 25 years. . . .yes, until those kids could finally buy the car they loved as a kid 35 years later and they start selling again for prices that would have been new or a little more back then.
At least that makes some sense.

Sheesh. So what's the theory here. This guy always wanted an STI when he was 16 in high school and now he's 22 and decided to spend 20% more than new for a 6 year old STI with 50 grand.

ehhhh, sorry, sounds fishy, just doesn't make much sense