Welcome to the North American Subaru Impreza Owners Club Tuesday January 26, 2021
Home Forums Images WikiNASIOC Products Store Modifications Upgrade Garage
NASIOC
Go Back   NASIOC > NASIOC General > General Community

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.







* As an Amazon Associate I earn from qualifying purchases. 
* Registered users of the site do not see these ads. 
Reply
 
Thread Tools Display Modes
Old 01-13-2021, 06:05 PM   #26
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

I think its the reality that the EJ257 is about to be retired and these early model STI's from 2004-2014 with the end of the hatch era are becomming highly HIGHLY sought after in good to excellent condition. Watch as the demand for these cars skyrockets during this year and beyond. HUGE price increases coming for the GD's.
* Registered users of the site do not see these ads.
NighthawkSTI is offline   Reply With Quote
Sponsored Links
* Registered users of the site do not see these ads.
Old 01-13-2021, 06:38 PM   #27
BlackFighter
Scooby Specialist
 
Member#: 193940
Join Date: Nov 2008
Location: Philly
Vehicle:
2004 WRX STI Black
RalliSpec Shortblock

Default

You sell bitcoin with that logic too? Where is the proof? A saden? Maybe again big maybe, but not a hatch. Maybe a grand or 3 more but not 50k. If people are willing to pay 50k for a 2014, then why are there 04-14 still on sale for much less and not getting sold?.
BlackFighter is online now   Reply With Quote
Old 01-13-2021, 09:49 PM   #28
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

Quote:
Originally Posted by BlackFighter View Post
You sell bitcoin with that logic too? Where is the proof? A saden? Maybe again big maybe, but not a hatch. Maybe a grand or 3 more but not 50k. If people are willing to pay 50k for a 2014, then why are there 04-14 still on sale for much less and not getting sold?.
I would say its the fact that it did sell for that much, and that enthusiasts that love hatches ....REALLLLLLY love their hatches, especially ones that arent made anymore with low miles and meticullous #1 condition. The Early STI's are appreciating in value and with the prospects of any STI hatches ever being built again becoming more and more unlikely,its no surprise that low mileage pristine examples of the hatch versions of the STI are going to be VERY sought after.
NighthawkSTI is offline   Reply With Quote
Old 01-13-2021, 10:40 PM   #29
Foo_Blyat
Scooby Guru
 
Member#: 93750
Join Date: Aug 2005
Chapter/Region: MWSOC
Default

Quote:
Originally Posted by BlackFighter View Post
You sell bitcoin with that logic too? Where is the proof? A saden? Maybe again big maybe, but not a hatch. Maybe a grand or 3 more but not 50k. If people are willing to pay 50k for a 2014, then why are there 04-14 still on sale for much less and not getting sold?.
It's a government conspiracy. Huge cover-up. Fake news. Bots bidding on fake listings. "ALIENS"
Foo_Blyat is offline   Reply With Quote
Old 01-13-2021, 11:29 PM   #30
CoronaWRX
Scooby Newbie
 
Member#: 431618
Join Date: Oct 2015
Chapter/Region: SWIC
Location: Arizona
Default 2013 STI W/1,970Miles Sells for $45K


https://carsandbids.com/auctions/r46...-sti-hatchback

From Doug MeMuro's auction site, this one makes a little more sense with only 1,970 miles on it.
CoronaWRX is offline   Reply With Quote
Old 01-14-2021, 08:15 AM   #31
rtv900
Scooby Guru
 
Member#: 428511
Join Date: Aug 2015
Location: philadelphia
Vehicle:
2016 STI

Default

One important point to make is that these sites have literally ZERO incentive to honestly represent when a buyer is totally fake and ghosts, ZERO. Their incentive is to portray as high a price as they can whether it really happened or not.
Dude in Nigeria bids it up to 50 grand and bails, doesn't matter. The site spits out the ad sheet that says "such and such just sold for $50k"

No different than a dating site that leaves up profiles of chicks that haven't signed on in 2 years.

At least the listing posted above makes a shred of sense, not much but a shred. 1900 miles is on a whole different level than 15,000
15,000 is just a relatively low mileage used car
rtv900 is offline   Reply With Quote
Old 01-14-2021, 09:26 AM   #32
CoronaWRX
Scooby Newbie
 
Member#: 431618
Join Date: Oct 2015
Chapter/Region: SWIC
Location: Arizona
Default

Quote:
Originally Posted by rtv900 View Post
One important point to make is that these sites have literally ZERO incentive to honestly represent when a buyer is totally fake and ghosts, ZERO. Their incentive is to portray as high a price as they can whether it really happened or not.
Dude in Nigeria bids it up to 50 grand and bails, doesn't matter. The site spits out the ad sheet that says "such and such just sold for $50k"

No different than a dating site that leaves up profiles of chicks that haven't signed on in 2 years.

At least the listing posted above makes a shred of sense, not much but a shred. 1900 miles is on a whole different level than 15,000
15,000 is just a relatively low mileage used car
Good point, I never really thought about that and I bet there is zero legal recourse the site can execute other than banning the bidder. I'd like to see the rate of transactions that are actually successful from these sites.

I guess when the world gets back to normal and Mecum or Barrett starts selling these for $50K, then we will have a true indicator of value.
CoronaWRX is offline   Reply With Quote
Old 01-14-2021, 10:12 AM   #33
BlackFighter
Scooby Specialist
 
Member#: 193940
Join Date: Nov 2008
Location: Philly
Vehicle:
2004 WRX STI Black
RalliSpec Shortblock

Default

Quote:
It's a government conspiracy. Huge cover-up. Fake news. Bots bidding on fake listings. "ALIENS"
Hey you suka blyat, don't bash on my BTC. I'm pretty good with what I have right now :-). But ya your right, lots of fake bids to manipulate the market price.

Quote:
One important point to make is that these sites have literally ZERO incentive to honestly represent when a buyer is totally fake and ghosts, ZERO. Their incentive is to portray as high a price as they can whether it really happened or not.
Dude in Nigeria bids it up to 50 grand and bails, doesn't matter. The site spits out the ad sheet that says "such and such just sold for $50k"

No different than a dating site that leaves up profiles of chicks that haven't signed on in 2 years.

At least the listing posted above makes a shred of sense, not much but a shred. 1900 miles is on a whole different level than 15,000
15,000 is just a relatively low mileage used car
Yap, that's what I have been trying to explain to the kids on here. MARKATING, plain and simple. And I really don't get the whole hatch think, I ****ig hate hatch backs with all my might. I must be getting old.

Last edited by BlackFighter; 01-14-2021 at 12:37 PM.
BlackFighter is online now   Reply With Quote
Old 01-14-2021, 10:25 AM   #34
rtv900
Scooby Guru
 
Member#: 428511
Join Date: Aug 2015
Location: philadelphia
Vehicle:
2016 STI

Default

Quote:
Originally Posted by BlackFighter View Post
And I really don't get the whole hatch think, I ****ig hate hatch backs with all my might. I must be getting old.
no it isn't your age, it's that you have good taste.
rtv900 is offline   Reply With Quote
Old 01-14-2021, 10:52 AM   #35
Jedi03
Scooby Specialist
 
Member#: 491095
Join Date: Sep 2018
Chapter/Region: SWIC
Location: New Mexico
Vehicle:
2009 STi Blue
Blue

Default

i don't know why i like hatches...maybe its cuz i don't like trunks? lol...or maybe im nostalgic for the station wagons...
Jedi03 is offline   Reply With Quote
Old 01-14-2021, 07:59 PM   #36
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

Quote:
Originally Posted by CoronaWRX View Post
Good point, I never really thought about that and I bet there is zero legal recourse the site can execute other than banning the bidder. I'd like to see the rate of transactions that are actually successful from these sites.

I guess when the world gets back to normal and Mecum or Barrett starts selling these for $50K, then we will have a true indicator of value.
so the 2 here that sold for 45,000-50,000 dont count ? Both were extremely low mileage original #1 condition examples. Fact is that we are only going to see a handful of these hatch STI's at this level sell per year if that.
NighthawkSTI is offline   Reply With Quote
Old 01-15-2021, 10:10 AM   #37
BlackFighter
Scooby Specialist
 
Member#: 193940
Join Date: Nov 2008
Location: Philly
Vehicle:
2004 WRX STI Black
RalliSpec Shortblock

Default

Maybe the one what has 1500 miles for 45k, even that that's crazy high for a mediocre car. Deff not the 15,000mile one for 50k. And if someone did, then they are completely retarded.
BlackFighter is online now   Reply With Quote
Old 01-15-2021, 07:49 PM   #38
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

Quote:
Originally Posted by BlackFighter View Post
Maybe the one what has 1500 miles for 45k, even that that's crazy high for a mediocre car. Deff not the 15,000mile one for 50k. And if someone did, then they are completely retarded.
Not at all.....you are underestimating the market, and the rarity of a super low mileage hatch STI in #1 all original condition. You wont see many for sale like that every year. Maybe a handful. GD's will be selling for a LOT more in 2021, than in prior years
NighthawkSTI is offline   Reply With Quote
Old 01-15-2021, 10:39 PM   #39
CoronaWRX
Scooby Newbie
 
Member#: 431618
Join Date: Oct 2015
Chapter/Region: SWIC
Location: Arizona
Default

Quote:
Originally Posted by NighthawkSTI View Post
Not at all.....you are underestimating the market, and the rarity of a super low mileage hatch STI in #1 all original condition. You wont see many for sale like that every year. Maybe a handful. GD's will be selling for a LOT more in 2021, than in prior years
I agree, at least with early STI's, I think we'll soon start seeing a demand for stock examples in good condition.

Check out these articles from Sports Car Market "It's Time to Buy a WRX or STI" & Hagerty's "Revenge of the rally cars: Subaru***8217;s Impreza WRX STI and Mitsubishi***8217;s Lancer Evolution are gaining market traction" :

https://www.sportscarmarket.com/colu...-buy-a-wrx-sti



https://www.hagerty.com/media/buying...rket-traction/

Last edited by CoronaWRX; 01-15-2021 at 11:36 PM. Reason: Grammer
CoronaWRX is offline   Reply With Quote
Old 01-15-2021, 11:14 PM   #40
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

Quote:
Originally Posted by CoronaWRX View Post
I agree, at least with early STI's, I think we'll soon start seeing a demand for stock examples in good condition.

Check out these articles from Sports Car Market "It's Time to Buy a WRX or STI" & Hagerty's & Revenge of the rally cars: Subaru***8217;s Impreza WRX STI and Mitsubishi***8217;s Lancer Evolution are gaining market traction

https://www.sportscarmarket.com/colu...-buy-a-wrx-sti



https://www.hagerty.com/media/buying...rket-traction/
This. And I was posting here 2 years ago that THEN was the time to get low mileage 1-2 owner original(3" exhaust at the most mods) GD STI's before they get the attention of collector enthusiasts, but that ship is sailing this year with the talk of the next gen and EJ257 being retired.

The GD's are instant classics as a result of the changes coming in 2022. Prices are going to go up starting NOW and all of 2021 and they are going to get bought up by collectors looking for GD's with no accidents, clean titles, 1-2 original owner low mileage stock examples. I'm guessing GD's like this will be selling for 25-30,000 in 6 months and will just climb from there. The demand for original, low mileage, stock STI hatches is the same story.

The attrition rate for the GD's and the Hatches is also playing a role in the accelerating values of these cars. How many times over the past 5 years have we seen nice examples of these cars get parted out because the engine blew from excessive mods or owners who didnt appreciate these cars abusing them. Now there are probably at LEAST 30% of the GDs STI's and hatch STI that were built that are gone forever stripped down and parted out. Then subtract from that the ones that are left that were modded to the hilt or turned into street strip cars...or have 200,000 miles with original engines that were blown and replaced with moded EJ's etc. Now subtract from that these models that were totaled in accidents.

Fact is these cars are RARE now in good original low mileage condition for all those reasons. The underlying driver in value above and beyond the rarity now, is the incredible influence the GD STI's had on the performance car market industry when they came out. What that means is that the GD STI's are now "MILESTONE" cars. Rare, low production to begin with BEFORE we even talk about the attrition rate over the past 17 years, and outstanding performance for the generation they were introduced and extended that performance reputation well beyond.....

and here we are in 2021....they are now collectors items.
NighthawkSTI is offline   Reply With Quote
Old 01-15-2021, 11:54 PM   #41
jaycamencs
Scooby Newbie
 
Member#: 521699
Join Date: Jan 2021
Default

seen a 00 civic si with similar mileage go for over 50k on there the other day, insane
jaycamencs is offline   Reply With Quote
Old 01-16-2021, 01:00 AM   #42
JP Chestnut
Scooby Specialist
 
Member#: 504432
Join Date: Jul 2019
Chapter/Region: Tri-State
Default

These prices are clearly above market value. The question is if they will be in 1 year.

The number of quality examples isnít going up and eventually theyíre all going to get tucked into some rich guysí collections not to be seen for many years.
JP Chestnut is online now   Reply With Quote
Old 01-16-2021, 01:36 AM   #43
jaycamencs
Scooby Newbie
 
Member#: 521699
Join Date: Jan 2021
Default

i would like to say market value for an item should be thrown out the window when it comes to a one of a kind gem or a collectors item
jaycamencs is offline   Reply With Quote
Old 01-16-2021, 04:19 AM   #44
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

Quote:
Originally Posted by jaycamencs View Post
i would like to say market value for an item should be thrown out the window when it comes to a one of a kind gem or a collectors item
exactly
NighthawkSTI is offline   Reply With Quote
Old 01-16-2021, 09:35 AM   #45
JP Chestnut
Scooby Specialist
 
Member#: 504432
Join Date: Jul 2019
Chapter/Region: Tri-State
Default

Quote:
Originally Posted by jaycamencs View Post
i would like to say market value for an item should be thrown out the window when it comes to a one of a kind gem or a collectors item
Expect thatís not actually true since one of one items do have a market value (typically set at auction). Besides this particular car is far from one of one. Itís just a nice clean desirable example.
JP Chestnut is online now   Reply With Quote
Old 01-16-2021, 01:56 PM   #46
dobie0791
Scooby Newbie
 
Member#: 72713
Join Date: Oct 2004
Chapter/Region: BAIC
Location: Northern CA
Vehicle:
2005 STi
PSM

Default

Why are some getting upset or annoyed what other people do with their money? The market is determined by what buyers are willing and able to pay for an example.

Go look up Hagerty valuation for GD STis- They do not (yet) list GRs. Nostalgia is a powerful drug. The kids who wanted one but could not afford one are now entering their prime earning years. Hagerty reports that most quotes for these comes from millennials or Gen Z.

At the time, the GD STi had a;

*Motorsports pedigree
*Cult following established before available in North America
*Fan base too young to afford and/or insure (or drive) when first available
*Limited production numbers, which have been heavily culled over the years

Most have been molested/hacked, beaten to death, rusted out, or totaled/parted out. It is unlikely they were a 2nd or 3rd car or treated like one.

They were simple, focused driver's cars (now pretty much extinct), which are also reliable and inexpensive to maintain/DiY serviceable. That Ferrari, AMG Merc or 911? Not so much.
dobie0791 is offline   Reply With Quote
Old 01-16-2021, 03:47 PM   #47
NighthawkSTI
Scooby Newbie
 
Member#: 495630
Join Date: Dec 2018
Default

Quote:
Originally Posted by dobie0791 View Post
Why are some getting upset or annoyed what other people do with their money? The market is determined by what buyers are willing and able to pay for an example.

Go look up Hagerty valuation for GD STis- They do not (yet) list GRs. Nostalgia is a powerful drug. The kids who wanted one but could not afford one are now entering their prime earning years. Hagerty reports that most quotes for these comes from millennials or Gen Z.

At the time, the GD STi had a;

*Motorsports pedigree
*Cult following established before available in North America
*Fan base too young to afford and/or insure (or drive) when first available
*Limited production numbers, which have been heavily culled over the years

Most have been molested/hacked, beaten to death, rusted out, or totaled/parted out. It is unlikely they were a 2nd or 3rd car or treated like one.

They were simple, focused driver's cars (now pretty much extinct), which are also reliable and inexpensive to maintain/DiY serviceable. That Ferrari, AMG Merc or 911? Not so much.

EXCELLENT, well written concise and factual. I have been following the classic/collector car market for 35 years and the GD STI's check E V E R Y criteria now. As for The STI hatches? They were unique to the STI lineage in the U.S, and hatches have a very very passionate base that follow them. Add that these people have finally let it sink in that there probably wont be an STI hatch ever produced again with an EJ and the EJ hatches are quickly getting scooped up in excellent original condition.
NighthawkSTI is offline   Reply With Quote
Old 01-16-2021, 06:05 PM   #48
Brock31
Scooby Specialist
 
Member#: 128115
Join Date: Oct 2006
Chapter/Region: South East
Location: Wilmington, NC
Vehicle:
2008 STi Hatch OBP
enginuity is cool

Default

Well it really is the last year/body style of the good looking STi***8217;s. After 2014 they all look like the styling dept all stopped giving a s**t.

50k is crazy though. But look at what the butt ugly new STi msrp for.
Brock31 is offline   Reply With Quote
Old 01-17-2021, 03:12 PM   #49
Dave D.
NASIOC Supporter
 
Member#: 130990
Join Date: Nov 2006
Chapter/Region: NWIC
Location: Menzel Lake, WA
Vehicle:
06 Red Ltd.Wagon
Dom 1.5xtr JJ tuned

Default

Quote:
Originally Posted by Jedi03 View Post
i don't know why i like hatches...maybe its cuz i don't like trunks? lol...or maybe im nostalgic for the station wagons...

Definitely wagons FTW.
Dave D. is offline   Reply With Quote
Old 01-17-2021, 03:19 PM   #50
Arcanum_STI
Scooby Newbie
 
Member#: 511103
Join Date: Jan 2020
Chapter/Region: MWSOC
Location: SE Michigan
Vehicle:
2019 WRX STI
White

Default

Here is a brand new 2015 Mitsubishi Lancer EVO X GSR with 26 miles.. Listing price $125K.. They actually have 2 brand new EVOs for sale & the white EVO X is $135K..

https://www.stevenscreeksubaru.com/u...6c7b572021.htm

https://www.stevenscreeksubaru.com/u...6c0eb0533d.htm
Arcanum_STI 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

All times are GMT -4. The time now is 12:08 PM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2021 Axivo Inc.
Copyright ©1999 - 2019, North American Subaru Impreza Owners Club, Inc.

As an Amazon Associate I earn from qualifying purchases.