Prior to purchasing my 2004 Autech Axis Stagea I spend a great deal of time studying both listed cars and actual auction results. Since I have an (Australian) buyer in Kobe, I could obtain detailed reports on what the cars were actually like. I few observations:-
1. There is a tremendous variation in pricing between the many different iterations of the Stagea M35, depending on motor (some of which cannot be complied), 2WD or AWD, interior appointments, trim specification etc etc. For example, the VQ25DE cannot be complied here (doesn't meet the SEVS criteria for power/weight).
2. There is tremendous variation in condition of vehicles, much of which does not show up in photos. You need to see the engineer's reports (and again these can vary very widely) and preferably have a buyer inspect the car prior to auction.
Do you know how to read an engineer's report?
If I were you I'd be looking at a late 2003 model M35 with AWD, VQ25DET, leather interior, high level of spec (TV, satnav etc - some of which can be made to work here). A highly specced car in Grade 4/5 condition can go for almost twice the price of a 'pov pak' roughie - but they all look the same in photos. The top of the line Axis and AR-X models will definitely set you back up to $20k by the time you've paid the FOB fee and sales tax in Japan (I paid 1.85 million yen when it was at 107 to the AUD$). Shipped and complied here around $30k.
If you think you can put an M35 on the road here for $18k it would have to be very poorly specced and probably quite rough - but then sometimes you can get lucky at auction. However, the cost of shipping and compliance is NOT proportional to the FOB cost, in the way that GST and duty are. These are the only components of the total cost of the vehicle that get cheaper when you buy a less expensive vehicle at auction. Therefore my advice is to buy the best possible car that you can - leave the cheapies to the dealers who love to buy real cheap and real rough for a quick 'do-up-and-flog' "street machine" that finds its way into the yard ready for some poor sucker to lap up.